British Land has reported a record year for leasing, with outgoing chief executive Simon Carter saying the occupier markets it is focused on are performing as strongly as he has experienced.
Recent transactions point to how UK commercial property pricing is starting to settle, with industrial offering a clearer pricing floor than other sectors.
Williamsburg Wharf, a Brooklyn, New York, development billed as a “resort-style destination” on the last empty parcel along the Williamsburg waterfront, has secured a $374.4 million refinancing.
Another of Minneapolis' largest employers is doubling down on in-person work, with General Mills planning to raise its attendance mandate to accelerate the company's broader turnaround efforts.
One of the new owners of the Lincoln Yards site in Chicago has bought two more properties nearby, continuing to assemble prime land for a major development in the years to come.
For much of the post-pandemic period, office-to-residential building conversions have been widely discussed but rarely pursued. In most cases, the concept is quickly dismissed due to the associated cost, complexity and design limitations.
Montreal-based investors backed by Highmark Real Estate Group have acquired a Midtown Toronto apartment tower from Minto Apartment Real Estate Income Trust for $90.75 million, in a deal that works out to roughly $613,000 per unit.
Real estate investor Hoang Vu acquired a strip mall at 4352 W. Cactus Ave. in Las Vegas from Milestone Realty for $5,375,000, or $663.58 per square foot.
Silicon Valley’s largest city cleared a major hurdle in a marquee office-to-housing conversion project that aims to transform one of downtown San Jose’s oldest and most recognizable buildings into market-rate apartments.
Pink Door Storage & RV purchased a 23,863-square-foot industrial warehouse at 1658 S. 580 E. in American Fork, Utah, from a private investor for $5.5 million.
Rogers Equities acquired a two-story retail building at 120 Court St. in Brooklyn, New York, from an entity related to Kinsor Management for $30 million.
Centennial founder and CEO Steven Levin is retiring from the national real estate investment and operating firm he created nearly three decades ago — with plans to hand the reins of the Texas-based firm to fellow leader Paul Kurzawa.
A private investor bought The Complex, a 48,700-square-foot live music and special events venue with an industrial building at 536-538 W. 100 S. in Salt Lake City, from an individual for $7.425,000, or $152 per square foot.
Houston-based Hanover Co., a national developer of luxury multifamily residential and industrial properties, in partnership with Dallas-based Crow Holdings Capital, has broken ground on the first two buildings in the Locust Point Industrial Park on a nearly 69-acre site outside York, Pennsylvania.
The ownership group behind Energy Square, a five-building, 1.1 million-square-foot office campus in Dallas, is looking to create what is the opposite of a speakeasy: a patio-facing coffee and wine bar with roll-up doors in the campus' central hub.
A low-rise business park built atop a former oil field near downtown Huntington Beach, California, is being redeveloped into a luxury senior living campus in the latest sign of demand for that type of housing in affluent coastal markets.
