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3 days ago | 
commercialsearch.com | Vicentiu Fusea
By Vicentiu Fusea April 21, 2025 Market UpdatesDevelopmentHoustonIn FocusInvestmentNewsOfficeSouthwest Limited activity to start the year doesn't paint the full picture as the market is outperforming its peers in some instances, CommercialEdge data shows. Houston’s office sector remained stable in 2024, with the metro being the only U.S. market to have more than 1 million square feet in construction starts, per CommercialEdge data. However, the beginning of this year has been slow, with no...
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1 week ago | 
commercialsearch.com | Vicentiu Fusea
HF Sinclair has signed a 40,367-square-foot, long-term lease at The 324, an office building in Salt Lake City. The firm will occupy the entire top floor of the 221,245-square-foot property. A joint venture between Mortenson Properties and Hamilton Partners has owned the LEED Gold-certified asset since 2020. JLL brokered the deal on behalf of the landlord, while CBRE represented the energy company. Located at 324 S.
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1 week ago | 
commercialsearch.com | Vicentiu Fusea
Onicx Group has acquired The Merion Building, a 71,800-square-foot medical outpatient facility in King of Prussia, Penn., a Philadelphia submarket. Peakstone Realty Trust previously owned the asset, according to CommercialEdge information. Newmark brokered the deal on behalf of the seller, while Wintrust Bank provided financing. The building was 75 percent leased at the time of transaction.
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1 week ago | 
commercialsearch.com | Vicentiu Fusea
Following a stable 2024, the Inland Empire is off to a challenging start this year. Industrial investment activity in the metro area reached $38.4 million in the first two months of 2025, significantly below its peer markets, according to CommercialEdge data. In terms of completions, the market saw four developments totaling 748,646 square feet come online, which also lagged behind national trends.
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1 week ago | 
multihousingnews.com | Vicentiu Fusea
The partners have recently acquired the 32-story building. Completed in 1966, the 32-story building was completely renovated in 2016. Image courtesy of Yardi MatrixThe joint venture between David Werner Real Estate Investments and Metro Loft Management has conversion plans for 675 Third Avenue, a 32-story office building in Manhattan it recently acquired. The partners intend to repurpose it into a rental community with some 430 units.
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1 week ago | 
multihousingnews.com | Vicentiu Fusea
The joint venture between David Werner Real Estate Investments and Metro Loft Management has conversion plans for 675 Third Avenue, a 32-story office building in Manhattan it recently acquired. The partners intend to repurpose it into a rental community with some 430 units. Northwind Group provided a $90 million senior first-mortgage loan for the acquisition and predevelopment of the 342,000-square-foot property previously owned by The Durst Organization.
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2 weeks ago | 
commercialsearch.com | Vicentiu Fusea
In a $718 million deal, Core+ funds affiliated with Blackstone Real Estate have agreed to acquire a 95 percent stake in an industrial portfolio developed by Crow Holdings. The portfolio includes 25 Class A buildings spanning 6 million square feet and is primarily situated in high-barrier submarkets within the Dallas and Houston metros. The transaction is expected to close in the next quarter. Crow Holdings and its partners will retain a 5 percent interest in the assets.
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2 weeks ago | 
commercialsearch.com | Vicentiu Fusea
A joint venture between Remedy Medical Properties and Kayne Anderson Real Estate has acquired Calhoun Health Center, a 23,805-square-foot medical outpatient facility in Brookfield, Wis. CBRE brokered the current deal on behalf of the seller. Montecito Medical Real Estate previously owned the asset, according to CommercialEdge information. The firm had purchased it in 2018 for $8.9 million.
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2 weeks ago | 
multihousingnews.com | Vicentiu Fusea
These assets previously traded for a combined $125 million. Completed in 1986, Arches at Hidden Creek comprises 24 two-story residential buildings. Image courtesy of Yardi MatrixBrookfield Properties has acquired Beacon Hill, a 349-unit community in Charlotte, N.C., for $43 million, according to Yardi Matrix information.
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2 weeks ago | 
commercialsearch.com | Vicentiu Fusea
By Vicentiu Fusea April 8, 2025 OfficeBrokerageLos AngelesNewsWest The tenant almost doubled the space it occupies at its current location. The creative office campus The Collective came online in 2015 and comprises five buildings. Image by Lawrence Anderson, courtesy of Tishman Speyer Spin Master has signed a 132,300-square-foot lease at The Collective, a 204,724-square-foot, five-building creative office campus in the West Los Angeles neighborhood of Playa Vista. This deal marks the largest...
