Groundbreakings declined sharply this year, compared to the same period in 2024, according to CommercialEdge data.
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The latest update based on U.S. Census Bureau data.
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The property came online in 2019.
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Ingrid Noone and Josh Herrenkohl discuss the telling results of a recent FTI Consulting survey with CPE’s Laura Calugar.
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This facility will come online next year.
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A MetLife Investment Management client purchased the property.
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CEO Scott Brinker sees REIT’s growth supported by medical innovation and demographic tailwinds.
The lenders are acquiring the property for less than half of its original price.
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And why strategic partnerships are becoming a priority over individual transactions, according to CBRE’s latest research.
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Home Depot has been the facility’s sole tenant since 2007.
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Despite a slowdown, the market continues to lead the nation for development activity, according to CommercialEdge data.
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The company has teamed up with Clous Road Partners to develop the project.
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The Mortgage Bankers Association forecasts a 16 percent year-over-year increase.
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Würth Industry North America picked up the 500,000-square-foot property.
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JLL Capital Markets arranged financing for the spec warehouse and distribution property.
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An educational institution agreed to occupy the space.
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Despite headwinds, these asset classes stand out in CBRE’s latest survey.
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Completion is expected in the first half of 2026.
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The buyer is a faith-based high school.
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The facility will serve as the primary East Coast distribution center for a home consumer products company.
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