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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...

4 days ago | commercialsearch.com | Richard Berger

By Richard Berger April 20, 2025 OfficeNationalNewsTrends And other considerations on companies’ employee mandates. More firms are setting stricter in-office expectations, including minimum in-office requirements, with larger companies leading the shift. As of early this year, nationwide office traffic remained at 59 percent of pre-pandemic levels, but that could change if corporate pressure intensifies, according to a new report from Savills. The fixed-hybrid model is the most popular among...

6 days ago | commercialsearch.com | Gail Kalinoski

By Gail Kalinoski April 18, 2025 InvestmentMixed UseNashville - KnoxvilleSoutheast This property is located at the convergence of the city's fastest-growing submarkets. Edgehill Village, a nearly 60,000-square-foot mixed-use property located near Music Row in Nashville, has changed hands for $50 million. Edgehill Village on Nashville’s Music Row, recently acquired by Asana Partners. Image courtesy of JLL The seller, Asana Partners, was represented by a JLL Capital Markets team led by Managing...

1 week ago | commercialsearch.com | Richard Berger

By Richard Berger April 17, 2025 IndustrialDevelopmentJacksonvilleSoutheast The facility will serve the retailer as a major regional hub. Walmart has opened a major new distribution center in Jacksonville, Fla., that will serve the retailer as a hub for the Southeast. Located at 1511 Zoo Parkway, the 1 million-square-foot facility will handle items for 18 Sam’s Club locations in Florida, South Carolina, and Georgia, as well as seven clubs in Puerto Rico. Wal-Mart’s new 1 million-square-foot...

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.