Commercial Property Executive

Commercial Property Executive is the top resource for professionals and businesses involved in owning, investing in, developing, leasing, or managing commercial real estate. Focusing mainly on the office and industrial property sectors, CPE provides important updates on news, trends, and challenges in major U.S. real estate markets and the industry as a whole. Additional benefits include interviews with executives, insightful data, guest articles from industry specialists, and access to CommercialEdge reports, data analysis, and Commercial Search listings.

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Carr Workplaces Relocates San Francisco Coworking Space

2 days ago | commercialsearch.com | Maria Maruta

By Maria Maruta June 26, 2025 CoworkingNewsSan FranciscoWest The firm will move its location within a four-building, master-planned complex. Carr Workplaces’s flex office is on the 12th floor of the 45-story office tower. Image courtesy of CommercialEdge Flex office provider Carr Workplaces has relocated its Embarcadero coworking location from Four Embarcadero to One Embarcadero Center, in San Francisco, Calif. The flex office will be on the 832,030-square-foot property’s 12th floor, in Suite...
Phoenix Investors Buys 1.5 MSF Value-Add Texas Warehouse

3 days ago | commercialsearch.com | Claudiu Tiganescu

By Claudiu Tiganescu June 26, 2025 InvestmentIndustrialNewsSouthwest Huntington National Bank provided a $32.6 million acquisition loan. In a different transaction, Phoenix Investors purchased this 1.2 million-square-foot industrial campus from an affiliate of Stellantis earlier this year. Image courtesy of CommercialEdge An affiliate of Phoenix Investors has purchased a 1.5 million-square-foot industrial warehouse in Corsicana, Texas. Huntington National Bank issued a $32.6 million...
JLL Signs San Diego Office Lease

3 days ago | commercialsearch.com | Maria Maruta

By Maria Maruta June 25, 2025 OfficeBrokerageNewsSan DiegoWest The company will move to an entire floor at La Jolla Commons III. The 212,800-square-foot La Jolla Commons III rises 11 floors, while the other two assets in the campus have 13 stories each. Rendering courtesy of JLL JLL has signed a 15,869-square-foot lease at American Assets Trust’s La Jolla Commons III, a 212,800-square-foot office building in San Diego. JLL will move to the entire 11th floor starting next January. the firm...
Franklin Street Inks Dallas Lease Renewal

4 days ago | commercialsearch.com | Maria Maruta

By Maria Maruta June 25, 2025 OfficeBrokerageDallasNewsSouthwest The office building is part of an 80-acre master-planned community. The 10-story Addison Circle One features a six-story parking garage. Image courtesy of CommercialEdge Property management firm Asset Living has renewed its 13,168-square-foot lease at Addison Circle One, a 293,787-square-foot office building in Addison, Texas. Partners Real Estate arranged the office lease renewal on behalf of the tenant, while Cushman &...
Wellness Brand Signs Manhattan Retail Lease

4 days ago | commercialsearch.com | Maria Maruta

By Maria Maruta June 24, 2025 BrokerageNew YorkNewsNortheastOffice The tenant will occupy four floors at this Midtown property. Life Time Inc.’s retail space at 10 Bryant will include fitness features as well as coworking spaces. Image courtesy of JLL Life Time Inc. has signed a 20-year, 52,000-square-foot retail lease at Property & Building Corp.’s 10 Bryant in Manhattan. The wellness brand will occupy four floors at the 865,000-square-foot office property starting early 2027. This year’s...
Plymouth REIT Buys Ohio Industrial Portfolio for $193M

4 days ago | commercialsearch.com | Claudiu Tiganescu

By Claudiu Tiganescu June 24, 2025 IndustrialCincinnatiInvestmentMidwestNews The buyer paid approximately 25 percent less than the replacement cost. In another transaction earlier this year, Plymouth paid $23.3 million for this 263,000-square-foot warehouse in Cincinnati. Image courtesy of CommercialEdge Plymouth Industrial REIT has paid $193 million for a nearly 2 million-square-foot industrial collection spread throughout Ohio. The portfolio traded for roughly 25 percent below replacement...
Carlisle Obtains $92M for Boston-Area Industrial Park

1 week ago | commercialsearch.com | Claudiu Tiganescu

By Claudiu Tiganescu June 20, 2025 FinanceBostonIndustrialNewsNortheast The property underwent a comprehensive repositioning effort. Following Carlisle’s capital improvements, Fordham Park reached full occupancy. Image courtesy of JLL Carlisle Capital Corp. has secured a $92 million loan for Fordham Park Robotic and Logistics Campus, a 393,911-square-foot, three-building property in Wilmington, Mass. M&T Bank issued the five-year note in a deal arranged by JLL. A 10-year, $75 million loan...
Dermody Launches 10 MSF Logistics Campus

1 week ago | commercialsearch.com | Gail Kalinoski

By Gail Kalinoski June 20, 2025 DevelopmentFeaturedIndustrialNewsSoutheast It is expected to be the largest near-port industrial development to begin construction in the Southeast this year. Dermody is launching development of Port Wentworth Commerce Center, a 1,065-acre, 10 million-square-foot master-planned logistics project located 6.5 miles from the Port of Savannah in Georgia. Port Wentworth Commerce Center near the Port of Savannah in Georgia, the Southeast’s largest planned logistics...
Shorenstein Offloads Seattle-Area Office Assets

1 week ago | commercialsearch.com | Claudiu Tiganescu

By Claudiu Tiganescu June 19, 2025 OfficeInvestmentNewsSeattleWest Blackstone and Drawbridge are among the buyers. Blackstone purchased a controlling interest in Block 5 (pictured above) and Block 6. Image courtesy of CommercialEdge Shorenstein Investment Advisers has closed two transactions at The Spring District, a mixed-use property in Bellevue, Wash., developed in partnership with Wright Runstad & Co. The first transaction witnessed Shorenstein’s controlling interest transfer in Blocks 5...
Texas Instruments Earmarks $60B for U.S. Manufacturing

1 week ago | commercialsearch.com | Claudiu Tiganescu

By Claudiu Tiganescu June 19, 2025 InvestmentDevelopmentIndustrialMidwestNewsSouthwest This marks the largest investment of its kind in the nation’s history. TI’s mega site in Sherman, Texas, will receive $40 billion, the bulk of the investment. Image courtesy of Texas Instruments Texas Instruments plans to invest $60 billion in seven semiconductor manufacturing plants across three mega-sites in Texas and Utah. This marks the largest investment of its kind in U.S. history. In Lehi, Utah, the...