National

CBRE arranged a $17.1 million refinancing loan for The Crawford Global HQ, a 109,171-square-foot office building in Peachtree Corners, Georgia, on behalf of Midtown Capital Partners. The refinancing was provided by City National Bank.  The financing was arranged by CBRE’s Debt & Structured Finance team led by Mike Ryan, Richard Henry, Blake Cohen and Taylor …

Hamilton Development and Clarion Partners, joint venture partners, acquired the former Bridgestone tire plant in La Vergne, Tennessee, and unveiled plans to redevelop the site into a Class A+ industrial park. The new master-planned industrial park will offer 1.5 million square feet of space across 10 buildings. Demolition of the Bridgestone plant will begin immediately. …

Greystar has begun to welcome residents to Juniper, its fifth apartment community in a formerly industrial neighborhood that the company is redeveloping north of Boston in Everett, MA. The 416-unit property at 201 Mill Road marks the final community delivered as part of Greystar’s $880 million transformation of Everett’s Commercial Triangle Economic Development District, creating …

Office demand is outstripping supply in the Boston metro area, with vacancy expected to decline 10 basis points year-over-year to 19.1% in the fourth quarter, according to a recently released report by Marcus & Millichap. The market saw its first annual vacancy dip since 2022 earlier this year as select Class A offices and larger …

Cushman & Wakefield arranged the investment sale of a newly constructed McDonald’s property totaling approximately 4,336 square feet located at 3854 Rancho Vista Blvd in Palmdale. The current tenant will remain in operation through the sale. FSD Rancho Vista sold the property to S&R Apt. 18th Street LLC for $3.5 million. The Cushman & Wakefield …

OCVIBE, the 100-acre mixed-use development surrounding Honda Center, unveiled the design for SENA, Anaheim’s first hotel in Marriott’s Autograph Collection portfolio. Expected to open in 2029 with 300-plus keys, the hotel will be OCVIBE’s first and will include a signature restaurant from Chef José Andrés and a suite of hospitality and guest service experiences led by …

Irvine Company has sold the One North Wacker building to Ponte Gadea, the family investment firm of Amancio Ortega, the billionaire founder of fashion retailer Zara. The 51-story office tower was acquired for approximately $550 million, reported Crain’s. The transaction includes the assumption of a $353 million CMBS loan that Irvine Company secured in 2021. …

360 CHICAGO, the 94th-floor observation deck atop 875 North Michigan Avenue (the former John Hancock Center), announced that its new private event venue, planned for the 96th floor of the building, will begin accepting bookings in 2027. Spanning nearly 14,000 square feet and more than 1,000 feet above the city, ELEVAIRE CHICAGO will pair sweeping …

Phillips Edison acquired Alafaya Square, a 168,532-square-foot grocery-anchored retail center for $69.1 million. The center is located at 81 Alafaya Woods Blvd. in Oviedo, Florida. JLL represented the seller, a joint venture between MCB Real Estate and an institutional investor, in the transaction. JLL says the transaction represents the largest single-asset retail sale in Seminole …

STRE Management and Lloyd Jones obtained a $50.8 million refinancing for The Vibe, a 194-unit luxury multifamily community located in Miami’s Little Havana neighborhood. JLL’s Capital Markets Debt Advisory team representing the borrower was led by Jesse Wright, Joshua Odessky and Luke Maganas. The group secured a five-year, fixed-rate CMBS loan. The project benefits from …

EQT AB has agreed to acquire Stockbridge, a leading U.S. real estate investment manager with approximately US$16.5 billion in fee-generating assets under management. With base consideration of US$375 million and potentially another US$175 million to be paid over the next four years, the acquisition covers 100% of the Stockbridge management company and the general partner …

Led by North America, the global data center chip market was valued at US$314.87 billion in 2025 and is projected to surpass US$1 trillion by 2035, expanding at a CAGR of 12.49%, DC Market Insights says in a new report. AI accelerators now represent the largest chip value pool inside data centers, while custom silicon, …

Even as September marked the 38th consecutive month of annual declines nationwide in apartment rents, two market cohorts are seeing rent gains, Realtor.com reported. The AI boom is spiking demand in the Bay Area, while affordably priced metro areas are reversing their annual declines. The strongest rent growth is in the Bay Area, where the …

The expanding use of artificial intelligence and development of data centers to generate it are making access to power the new driver of real estate value, the Urban Land Institute (ULI) and Heitman said in a new report. According to the report, titled Investment Strategies in the AI Era: Power Is the New Location, reliable …

SL Green Realty Corp. and a U.S. affiliate of Mori Trust Co. have secured a $2 billion refinancing of 245 Park Ave., a 44-story office tower spanning the entire block between East 46th and East 47th in Midtown Manhattan. The five-year, fixed-rate financing carries an interest rate of 6.52% and replaces the property’s previous $1.768 …

Developers Grand Cru Real Estate (GCRE) and Visabve Corp. have received a $52.5 million construction loan from S3 Capital for a 28-unit residential building on Manhattan’s Upper East Side. The financing for the ground-up development closed in tandem with the sponsor’s acquisition of the site at 1527 York Ave. this month. The 20-story building, located …

Piercey Realty Ventures has spun off a seven-property industrial portfolio with assets in Phoenix and one in Las Vegas. The portfolio totaled 426,000 square feet. Baron Properties was the buyer. Commercial Edge reports that the assets feature flexible configurations geared toward small- to mid-bay users and infill locations with access to regional freight corridors. The …

Dermody will begin construction on Buildings 3 and 4 at LogistiCenter at Copperwing in El Mirage, Arizona, with delivery estimated for the third quarter of 2027.  Building 3 totals 693,760 square feet and Building 4 totals 520,170 SF. Together, the two buildings total 1,213,930 square feet and are designed to be combined into a single building …

Panattoni Development Company announced that Shield AI has selected a Panattoni-developed facility at Des Moines Creek Business Park West as the production home for X-BAT, the company’s AI-piloted vertical takeoff and landing aircraft. Located at 1800 S. 216th Street in Des Moines, approximately 15 minutes south of Seattle-Tacoma International Airport, the approximately 405,680-square-foot facility is …

Keelbase Capital, a Seattle-based real estate investment firm, announced the acquisition of The Baxter, an 80-unit apartment community in downtown Bellevue. The acquisition reflects Keelbase’s strategy of targeting fundamentally strong, well-located real estate where capital market dislocations have created attractive investment opportunities. The transaction was capitalized with a group of prominent private investors and family …

Northland Properties and Trammell Crow are joining forces on the construction of a Sandman Signature Hotel in Grapevine, not far from Grapevine Mills. The 6-story hotel will have 221 rooms. Construction is expected to begin on November 15. The hotel will include a 275-seat restaurant and a 4,200-square-foot banquet and meeting room. Other amenities include …

Construction of the new AT&T headquarters planned in Plano is expected to begin in December. The $1.3 billion campus will include numerous buildings ranging in size from 225,000 to 680,000 square feet, making up over 2.3 million square feet of office space. The facility will include over 2.5 million square feet for parking garages. The …

Marcus & Millichap announced the sale of Park MacArthur, a 17-unit multifamily property in Northwest Washington, D.C. The asset sold for $4.3 million. “Park MacArthur stood out in the market as a high-quality asset, professionally maintained by a well-respected seller and ideally located in the Palisades, just minutes from Georgetown,” said John Slowinski, associate director …

Greenberg Gibbons announced that Trader Joe’s and Onelife Fitness are joining Midtown64 – a $500 million, 46-acre mixed-use destination in Richmond, Virginia. The first phase of development at Midtown64, which includes the project’s retail component, is expected to be completed in 2028. “Our vision for Midtown64 is to create a vibrant, welcoming destination that becomes …