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Commercial Property Executive is the leading integrated news resource for executives and companies that own, invest in, develop, lease and/or manage commercial real estate.
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Stonemont Financial Group has delivered 429 Business Center, a seven-building, Class A industrial campus totaling 259,255 square feet in Ocoee, Fla., within metro Orlando, Fla. 🏭: https://lnkd.in/eCcF3Vmb
If you missed anything for the last week across office, industrial and mixed-use sectors, the CPE news roundup covers some major highlights from the last week: https://lnkd.in/dv6ntFda
🛍️ Asana Partners has purchased 🐦 Red Bird Shopping Center, a 92,089-square-foot retail asset in Miami, for $62.1 million. Yardi Research Data lists the previous owner of the property as The Brandon Co.: https://lnkd.in/egQMW7mA
Where tenants want to play ball ⚾. If you build it, will corporate tenants come? A look at the newest trends: https://lnkd.in/eXMynRQY
🏭 Westcore has acquired a 1.1 million-square-foot, 12-building portfolio of Class B, infill industrial properties in the metro Dallas submarkets of Great Southwest and Garland, Texas. The portfolio comprises five properties in Grand Prairie, three in Arlington and four in Dallas: https://lnkd.in/efPeTExd
A joint venture of PGIM Real Estate, Norges Bank Investment Management and SJP Properties has obtained a $507 million loan to refinance debt associated with 11 Times Square in Manhattan 🏙️: https://lnkd.in/ecKGyQzg
🏬 September Favorite: Single-Tenant Retail Is Back in Favor! 📈 The single-tenant retail market is heating up 🔥 — with deal volume up 9.6% and cap rates compressing for the third straight quarter, according to Colliers: https://lnkd.in/epaNW_Bw
🌟 In Case You Missed It: A Top Story of the Week BXP, Inc. and Delaware North have secured a $465 million refinancing loan for a section of The Hub on Causeway, a 1.5 million-square-foot mixed-use property in Boston: https://lnkd.in/ejyVzs69
🌟 In Case You Missed It: The Top Story of the Week RXR has launched Gemini Office Venture, a new multibillion-dollar investment platform targeting high-quality New York City office assets: https://lnkd.in/eG5VKbcZ