This hub will serve North America’s only single-line rail service for refrigerated goods between the U.S. and Mexico.
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The market’s development pipeline and sale prices lag national figures, according to Yardi Research Data.
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The tenant's total commitment at the Midtown property now exceeds 57,000 square feet.
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The facility is designed to meet the demands of cloud and AI workloads.
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This Brooklyn asset previously traded for $195 million.
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Proceeds will be used to refinance or acquire a total of 51 properties.
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Don't miss out on the chance to participate in the 2025 Top Developers survey. The deadline for submission is Thursday, Sept. 18.
The post Call for Submissions: 2025 Top Developers appeared first on Commercial Property Executive.
BMO provided acquisition financing.
The post Manulife Buys Tesla-Occupied Facility Near Austin appeared first on Commercial Property Executive.
Plans call for the property’s redevelopment into warehouse space.
The post Sterling Logistics Fund Acquires Former Bay Area Walmart Store appeared first on Commercial Property Executive.
Sabre Real Estate Group brokered the 12-year deal.
The post Bank Unit Doubles Long Island Footprint appeared first on Commercial Property Executive.
From entire neighborhood revitalizations to suburban adaptive reuse, here are some of the new developments that will redraw the city's skyline.
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This development could become the largest project of its kind in the Western Hemisphere.
The post Meta Picks Partners for $29B Data Center Deal appeared first on Commercial Property Executive.
The industry outlook varies by region and property type, write Kelvin Tetz and Mike Kamienski of Baker Tilly.
The post CRE’s Mixed Bag of Uncertainty and Opportunity appeared first on Commercial Property Executive.
The new platform starts off with a portfolio of 11 million square feet.
The post S2 Capital Buys Firm, Creates Industrial Vertical appeared first on Commercial Property Executive.
While long-term demand drivers remain intact, near-term uncertainty has its impact on the market, Yardi Matrix data shows.
The post Industrial Report: Vacancy Climbs, Development Holds and Pricing Adjusts appeared first on Commercial Property Executive.
CBRE's annual occupier study found 72 percent of respondents meeting their attendance goals.
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First order of business was the acquisition of a 5-acre asset.
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Amazon Web Services fully occupies the collection.
The post Blackstone Lands $550M for Data Center Portfolio appeared first on Commercial Property Executive.
A pharmaceutical company renewed its lease at the 1.1 million-square-foot property through 2044.
The post RMR-Led JV Secures $1B for Boston Life Science Campus appeared first on Commercial Property Executive.
This campus will include 3 million square feet of industrial space at full build-out, as well as other components.
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