Portland Business Journal R+L Carriers has paid $405 million, or $39598/sf, for the 102,277-square-foot industrial property at 6845 North Cutter Circle in Portland, Ore The Wilmington, Ohio, freight shipping company acquired the building from a pair...
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...
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...
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...
Mohr Capital is building the 371,388-square-foot Oates 610 industrial building in Houston The Dallas company is developing the warehouse property on 223 acres at 107 Oates Road, at the intersection of interstates 610 and 10 and US Highway 90 It is...
KRQE News SimonCRE is planning to start work next month on Lobo Crossing, a 363,000-square-foot shopping center in Albuquerque, NM The Scottsdale, Ariz, developer is building the retail property on a 38-acre site at the northeast corner of...
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