Breakthrough Properties Closes $430M Fund
Transitory market dynamics are creating opportunities for investors targeting Class A life science assets.
The post Breakthrough Properties Closes $430M Fund appeared first on Commercial Property Executive.
Transitory market dynamics are creating opportunities for investors targeting Class A life science assets.
The post Breakthrough Properties Closes $430M Fund appeared first on Commercial Property Executive.
Following this purchase, the company will own 1.6 million square feet of office space at Legacy Union.
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The financial services company has been the property’s tenant since 2007.
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Rules are tightening, financing is adapting and investors want results. Find out why 2026 is the year sustainability turns measurable, in this first article of our yearly series.
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Ares Management sold the property after four years of ownership.
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The financing retires a 2023 construction loan.
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The warehouse debuted in 2022, developed on a speculative basis.
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The new owners plan to upgrade the asset’s amenities.
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Plans call for the creation of a new data center development platform.
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How policy volatility continues to impact development and what that means for commercial real estate decision-makers next year.
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When complete, this complex will comprise more than 2 million square feet.
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In two separate transactions, the companies recapitalized a combined 1.7 million square feet.
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The asset changed hands for twice its previous sale price.
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JLL Capital Markets arranged the transaction.
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Rhiannon Jacobsen of the U.S. Green Building Council sat down with CPE's Therese Fitzgerald at the global sustainability conference.
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This heavy industrial complex will serve Samsung-affiliated providers and other tech companies.
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The 175,000-square-foot building is the second phase of a larger development.
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The asset commanded more than triple its previous sale price.
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This marks one of the market’s largest deals of its kind this year.
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The facility came online in 2021.
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