Asset manager PGIM has helped a developer refinance a large Southeast apartment portfolio, joining other investors in increasing their bets on the multifamily market's rebound.
Google plans to invest $9 billion in Virginia, including developing a new data center and expanding two existing facilities in Northern Virginia, the largest data center market in the world, as it increases its focus on cloud and artificial intelligence support systems.
Lingerfelt and Davis Cos. have secured the first tenant at a speculative warehouse and distribution center the venture opened last year in one of the tightest industrial markets in the United States.
Brokers completed major deals during the second quarter, a period marked by an uptick in real estate activity as many businesses shook off concerns about the effects of tariffs and global economic uncertainty.
Prominent office leases signed by Bryant & Stratton College and Virginia Physicians for Women negotiated by top dealmakers from Commonwealth Commercial Partners and Cushman & Wakefield Thalhimer are among the second-quarter office leases recognized by CoStar.
Prominent retail leases signed by Kroger, Lululand Adventure Park and Savers Value Village negotiated by top dealmakers from Cushman & Wakefield Thalhimer and Colliers Virginia are among the second-quarter retail leases recognized by CoStar.
A prominent office deal handled by Newmark and an industrial disposition arranged by JLL and Commonwealth Commercial Partners are among the top second-quarter property sales recognized by CoStar.
Prominent industrial leases signed by Lego, PGT and Riverstone Logistics negotiated by top dealmakers from Range Commercial Partners and ProVenture are among the second-quarter industrial leases recognized by CoStar.
Industrial broker Aviva Sonenreich, who's known on social media for amassing more than 1 million followers on TikTok, retained her position as the top Instagram influencer in commercial real estate for the second year in a row, as measured by Commercial Real Estate Influencers, or CREi.
A joint venture has closed on a second medical office building in Richmond, Virginia, as it looks to grow its holdings in the area's burgeoning healthcare real estate sector.
A $1.5 billion refinancing deal is in the works for two properties owned by QTS, highlighting lenders' growing demand for financing digital storage facilities.
Blackstone is further building its portfolio of commercial real estate loans, adding a $2 billion portfolio from Atlantic Union Bank as part of the bank's acquisition of Sandy Spring Bank out of suburban Washington, D.C.
The gap between Richmond, Virginia, and the U.S. industrial vacancy rate is now at its widest point on record, as vacancies have continued to climb over the past two years nationally while holding steady over the past year in Virginia's capital.