Commercial Real Estate Direct Staff Report DataBank is partnering with Goodman Group to complete the development of a 32-megawatt data center at 3094 East Vernon Ave in Vernon, Calif, about five miles southeast of downtown Los Angeles Goodman, of...
Spending for the construction of data centers totaled $411 billion last year, up 317% from 2024 and 344% from 2020, according to the US Census Bureau However, that number understates the true scope of spending on such properties by a large...
Bisnow Dean Adler, who co-founded investment manager Lubert-Adler, has agreed to buy the former Franklin Mills Mall in Philadelphia, with plans to redevelop it into mixed uses Adler would invest $100 million into remaking the 37-year-old shopping...
Nashville Business Journal Anchor WeHo Owner LLC has bought Braxton Music City, a 236-unit apartment complex in Nashville, Tenn, for $544 million, or $230,508/unit The company, led by New Jersey investor Aaron Friedman, purchased the two-building...
South Florida Business Journal An affiliate of Brasswater has paid $20 million, or $15616/sf, for the 128,071-square-foot office property at 6806-6814 North State Road 7 in Coconut Creek, Fla The Montreal real estate investor purchased the property...
Multi-Housing News Thompson Thrift is planning to develop Argent Flats, a 273-unit apartment complex in Reno, Nev The Indianapolis developer will build the property at 6000 Plumas St, about four miles south of Reno’s downtown Argent Flats will...
PCCP has provided $925 million of senior construction financing for the 336-unit Emi on 50 apartment property in Orlando, Fla The property, at 1840 East Colonial Drive, is being developed by Terian Dedvelopment of Maitland, Fla, within the Mills 50...
Charlotte Business Journal Beacon Partners is offering for sale the Station at LoSo, a 200,000-square-foot office property in the South End section of Charlotte, NC The local developer has hired JLL to market the complex, which opened in 2023 An...
OakNorth Bank has provided $255 million of financing to fund the development of an 87-unit apartment property at 2916 Atlantic Ave in the East New York area of Brooklyn, NY The proposed 11-story building, with nearly 5,000 square feet of commercial...
Commercial Property Executive Covington Group has received approvals to build Antelope Valley Commerce Center, a 94 million-square-foot industrial development in Palmdale, Calif The Dallas developer will build the property on 510 acres at Sierra...
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