National

FedEx grew weary of leasing a 338,000-square-foot distribution center in Chatham County and bought the warehouse. The Triad Business Joural reports the company paid $58.8 million for the building. Truist Equity Funding was the seller. The building sits on more than 50 acres in Triangle Innovation Point West, an industrial park inside the larger Triangle …

CB Equities offloaded Forest Park IV at 600 Forest Point Circle for $11 million. CB paid $9.2 million for the 64,000-square-foot Charlotte office building in 2023. Greenleaf Capital Partners was the buyer. CB converted it into a flex office property. It has 16-foot clear heights, three dock-high doors, a drive-in door and parking for 360 …

The Agency has brought 120 Point Judith Rd., a retail property in Narragansett, RI, to market at $3,200,000, the first offering of the eight-suite commercial plaza in 53 years. Held by one family since 1973 with no arm’s-length sale on record, the 15,626-square-foot property occupies 0.82 acres with approximately 198 feet of frontage on Route …

Massachusetts Gov. Maura Healey and Worcester city officials cut the ribbon Wednesday on The Residences on Lincoln Square, a hybrid development that transformed the historic Worcester Boys Club building into 16 apartment homes and community spaces, while erecting an adjacent 64-unit, five-story apartment development. The $51-million project from WinnCompanies delivers 80 affordable, energy-efficient apartment homes …

Bridge Logistics Properties (BLP), a subsidiary of Bridge Investment Group Holdings LLC, has acquired 12903 Lakeland Rd., a 21.3-acre truck terminal in Santa Fe Springs, in an off-market transaction. The property is fully leased to XPO, Inc, a leading freight transportation company, and represents a rare large-scale logistics asset in one of Los Angeles County’s …

Draper and Kramer, Incorporated, announced that James Hayes, chief financial officer for the Chicago-based company, was appointed by Illinois Governor JB Pritzker to serve as a member of the state’s Teachers’ Retirement System Board of Trustees. Once confirmed by the state Senate, Hayes will join the 15-member board in providing fiduciary oversight and strategic direction …

Cawley Commercial Real Estate (Cawley CRE) facilitated the direct sale of a 29,600-square-foot industrial property at 170 S. Gary Avenue in Carol Stream, Illinois. Mark Wilson represented both the seller and the buyer, High Street Logistics Properties, in the transaction. Situated on 1.90 acres, the Class B industrial property offers a facility with a combination …

SRS Real Estate Partners completed the $133 million sale of a 685,000-square-foot industrial property fully occupied by Sherwin-Williams at 400 Winter Haven Boulevard in Winter Haven, FL. Situated on just under 40 acres, the property serves as a major distribution center for Sherwin-Williams and has a corporate-guaranteed triple-net lease with a new long-term extension. The seller was Paul Profeta.   SRS’s …

Northmarq’s Pacific Northwest Investment Sales team, led by Sean Tufts, Kevin Adatto, Joe Dugoni, and Jack Hallberg, completed the $19 million sale of Canyon Ridge Plaza, an 86,909-square-foot multi-tenant retail community center located at 26015 104th Ave. SE in Kent, Washington. The property was acquired by Kimco Realty. “Shopping centers continue to be one of …

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 …

Automation isn’t wiping out U.S. manufacturing jobs. Rather, it’s restructuring them, according to a recent CBRE report. Multiple manual jobs are being replaced with fewer, more technical ones. But, “the work is changing faster than the workforce being trained for it, presenting a considerable challenge for manufacturers and the communities that depend on them,” CBRE …

When determining commercial real estate strategies, many investors focus on demand. However, Marcus & Millichap’s October 2026 Construction Outlook research brief said that demand tells only half the story. Long-term supply trends also affect vacancy and rent growth, so supply outlooks should play a prominent role in CRE planning. Construction tends to lag market conditions, …

GFP Real Estate has signed Indecor Home, a New York-based designer and manufacturer of home décor products specializing in bath accessories, shower curtains, rugs and textiles for major national retailers, to a 10-year lease for the entire 16,806-square-foot fifth floor at 247 W. 37th St. in Manhattan’s Garment District. Indecor Home will use the space …

HCA HealthONE bought the Wilmore Center at 7615 W. 38th Ave. for $14.5 million. A Cushman & Wakefield team of Jon Hendrickson and Aaron Johnson represented the seller, CentrePoint Properties, in the transaction. The Denver Business Journal reports that CentrePoint purchased the property for $10.25 million in 2021. HCA HealthONE is planning to bring a …

Intersection Development will break ground soon on SISU Roosevelt and Arcada. Together, the projects represent more than $70 million in investment in Roosevelt Row. The redeveloped property will consist of 125 new residences with the preservation and reuse of historic buildings. SISU, a 12-story mixed-use tower at 821 N. First Ave., and Arcada, anchored by …

Chicago-based Cantera Development Group broke ground on Terminal One Motor + Yacht Club in Seattle, a luxury collector garage and superyacht marina development on Salmon Bay. The first phase of the project calls for 72 garage condominiums on the site of the former Time Oil Co. site. The project is a collaboration with architects Lance …

Colliers announced the $30 million sale of Vista Del Rio, a 213-site manufactured housing community located at 17401 SE 39th Street in Vancouver, Washington. Colliers Vice President Alex Cheng represented both the buyer, Desimone Enterprises LLC, and the seller, Vista Del Rio Corporation. Developed in 1978 and operated by the Nielsen family for nearly five …

Hillwood obtained a $94 million loan to refinance Crossroads Logistics Park Buildings 1, 2 and 4, three Class A industrial warehouse facilities totaling 1.2 million square feet located in Midlothian, TX. Proceeds from the loan will be used to support continued leasing at the property. Affinius Capital originated the loan. The property’s three buildings were …

Carr Properties has acquired 4040 N. Fairfax Drive, a 186,000-square-foot office building in Arlington, Virginia’s Ballston neighborhood, from Ascentris. The company plans to redevelop the site into a 392-unit multifamily community, with work beginning in summer 2028. The purchase price was approximately $12.25 million, equating to about $65.86 per square foot. The planned high-rise community …

CBRE has been selected as the exclusive advisor for the sale of 2400 Market, a 594,945-square-foot trophy office and mixed-use asset that anchors Philadelphia’s Market West submarket and provides a gateway to University City. CBRE’s Philadelphia National Office Partners team, led by Doug Rodio, Jerry Kranzel, Bruer Kershner, Mark Lunney, Layal Zuabi and Aidan Boyle, …