National

Prysmian North America, a leading provider of solutions for energy and digital connections, is spending over $1 billion on its factory expansion in Catawba County. The 900,000-square-foot addition to the Claremont facility will create more than 385 new jobs. Claremont is 15 miles from Charlotte. The expansion, which includes a new glass manufacturing facility, additional …

Ardent Properties traded the Century Springs Office Park in Sandy Springs for $20.75 million. The 192,247-square-foot, two-building infill office property is in the Central Perimeter submarket Newmark Capital Markets Jay O’Meara, Justin Parsonnet and  Ryan Reethof represented the The Ardent Companies in the transaction. A partnership between OA Development and Buligo Capital Partners acquired the property. Ardent …

Greystar and Merrimack College celebrated the opening of two new residence halls, Shawsheen and Essex. The two-building student housing development is located at the intersection of Route 114 and Andover Street in North Andover, MA, representing. the largest increase in Merrimack’s housing stock since 2015.. “We have over 30 years of experience on college campuses across the …

Artificial intelligence giant Anthropic is setting up shop in Cambridge. The San Francisco-based company has signed a lease for 24,000 square feet at One Kendall Square, the Boston Globe first reported. In a statement, company president Daniela Amodei cited the region’s top life sciences researchers using Anthropic’s Claude to drive their own work, reported the …

Hudson Pacific Properties, Inc. and its joint venture partner have extended the $1.1-billion CMBS loan secured by the Hollywood Media Portfolio. The extension moves the loan’s maturity to Nov. 9, 2027, with the stated interest rate unchanged and no principal paydown required at closing. The 2.2-million-square-foot Hollywood Media Portfolio includes Sunset Gower Studios, Sunset Las …

“You’ll see requirements out in the market and [tenants] have 10 options, 15 options. So when we get a deal, we have to move fast. There’s a lot of urgency and anxiety on the landlord’s side to be able to get it done.” That’s Julian Freeman (pictured above), partner with Cox, Castle & Nicholson, on …

Cushman & Wakefield has brokered the $7.27 million sale of Cascade Apartments, a 44-unit multifamily community in Rochester, Minnesota. The firm’s Chris Collins, Lance Steiger, Evan Miller and Erin Salway represented the seller, Patina Management. The buyer was Black Swan Living. The property attracted eight competitive offers from buyers across Minnesota, Wisconsin and Illinois, as …

Brennan Investment Group has commenced construction on a 210,000 square-foot speculative industrial facility situated on 17 acres in Whites Creek, Tennessee. The building is expected to be completed in the second quarter of 2027. The property is located just eight miles north of downtown Nashville, providing convenient access to Nashville’s three major interstates. “The property’s …

Evolve Companies closed on a $70 million bridge and construction loan for a 352-unit multifamily development at 4800 US Hwy. 1 N. in Palm Coast, Florida. Northmarq’s West Palm Beach Debt + Equity team, led by Chris Hammel, arranged the loan on behalf of the borrower with Cross Harbor Capital Partners’ involvement. The loan was non-recourse financing that recapitalized phase I’s construction loan and preferred equity and funds for phase II’s construction. Evolve …

Rethink Healthcare Real Estate acquired UF Health / Intuitive Health Emergency Department and Urgent Care Center in Eustis, FL (Orlando MSA). Rethink paid $16.2 million for the 11,097-square-foot facility. Leased by UF Health Leesburg Hospital, the property reflects the kind of mission-critical medical outpatient real estate that continues to attract strong investor demand. The transaction …

Ares Management Corporation has reached the final close of Japan Logistics Development Partners V LP, the latest vintage in its Japan-focused logistics real estate development fund series. Raising ¥612 billion (approximately US$4 billion), including LP equity commitments and GP commitment, JDP V closed at its hard cap and is nearly 50% larger than its predecessor …

The ranks of U.S. and Canadian tech talent skilled in artificial intelligence grew by 45% in the past year, with AI-related roles now accounting for nearly a third of U.S. tech-talent job listings and boosting office-leasing activity in top tech hubs, CBRE reported. The firm’s 13th annual Scoring Tech Talent report highlights the clustering of AI …

The CRE Finance Council (CREFC) said Friday that Paul T. Vanderslice has been named president and CEO, effective Sept. 30. He succeeds Lisa Pendergast, who led CREFC for a decade before retiring last month. Vanderslice will join CREFC from BMO Capital Markets, where he serves as head of CMBS and oversees the origination, securitization, and …

U.S. consumer prices rose 0.4% in August, accelerating from a 0.1% gain in July as gasoline and other energy costs lifted household expenses, the Labor Department reported Friday. The Consumer Price Index increased 3.4% over the 12 months through August, matching July’s annual pace. Excluding volatile food and energy components, core CPI rose 0.3% for …

AmTrustRE has completed a comprehensive modernization at 360 Lexington Ave. in Manhattan. Led by preeminent New York-based architecture firm MdeAS Architects, the project reimagines the 268,000-square-foot office building as a modern, hospitality-driven workplace. AmTrustRE acquired the property in late 2024. “360 Lexington Avenue is an exceptional asset in one of Manhattan’s most connected locations, just steps from Grand …

 Lee & Associates NYC announced that the ownership group behind Friedman’s Restaurant, Pastrami Queen and many other successful restaurant concepts has acquired an approximately 5,000-square-foot retail cooperative unit at 541-555 Amsterdam Ave. on Manhattan’s Upper West Side for $4.135 million. Peter Braus, president of Lee NYC, represented the buyer, Mountain View Acquisition LLC.  The seller, 176 West 87th Leasehold LLC, a …

Evergreen Devco is building apartments, a senior living facility and retail in Thornton, just outside Denver. Creekside Gardens will span 26 acres at the southwest corner of East 104th Avenue and Washington Street. The Denver Business Journal reports the 250-unit multifamily development will sit on approximately 9.75 acres toward the center of the 26-acre site. …

The Mesa City Council is expected to move ahead Monday on a $3 billion venture that will include hospitality, apartments, office and restaurant offerings. Vestar will be helming the project. Dubbed Legacy Park, The Phoenix Business Journal reports the project should be ready to break ground in January 2028 on public infrastructure, public amenities and …

Multifamily real estate investment firm Grand Peaks, in partnership with PCCP, LLC, announced the acquisition of West End District, a 424-unit, mixed-use multifamily community located in the heart of Beaverton, Oregon. Completed in 2021-2022, the property pairs contemporary apartment homes with approximately 34,262 square feet of ground-floor retail. The retail component anchors the property as …

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of two Oregon multifamily assets, which traded for a total of $83 million. The transactions included Oak Vale, a 257-unit property in Corvallis, and the 181-unit Anjou Club in Talent. “The quality of construction and maintenance of these two properties attracts and …

The Clara Hotel has officially opened, all part of a $4 million transformation of the former NYLO Dallas/Plano Hotel. Originally opened in 2007, the property was the first hotel launched under the NYLO Hotels brand and is widely credited as the country’s first loft-style lifestyle hotel. Located at 8201 Preston Rd. on the Plano-Frisco border, The Clara remains …

Sansone delivered the new Palmer Logistics facility at Midlothian Business Park. Located on 26.5 acres, the 269,700-square-foot build-to-suit logistics facility is fully leased to Palmer Logistics, a fourth-generation, Houston-based third-party logistics provider. The facility is a build-to-suit for Palmer International and will be used for the storage and distribution of hazardous materials. ARCO/Murray served as …

CBRE has expanded its Mid-Atlantic leadership team with the addition of Chris Poppell as managing director and investor services leader for the Mid-Atlantic and Dawson Rinder as managing director and Maryland market leader. “Chris and Dawson are outstanding additions to our leadership team and reflect our continued investment in the future of our Mid-Atlantic business,” …

Urban Edge Properties announced four new leases totaling 23,791 square feet at The Village at Waugh Chapel in Gambrills, Maryland. The leases increase the shopping center’s occupancy to 97%, and represent the first new retail additions since Urban Edge acquired the property in 2024. The Village at Waugh Chapel is anchored by Safeway and features …