Highwoods Properties Acquires 636KSF Raleigh Office Complex
The REIT paid $131 million for its venture partner’s 75% stake in a Raleigh office campus.
CIM Commercial Trust Signs New Long-Term Tenant in Austin Office Campus
REIT CIM Commercial Trust signed a tenant for eight years in one of Austin’s most popular destinations for office space.
PennyMac Signs Lease for 75KSF Phoenix Office Building
Mortgage lender PennyMac Loan Services recently announced it had signed a lease for 3201 E. Elwood St. in Phoenix, a 74,625-square-foot office building. The landlord — Oklahoma City-based Arnold Realty LLC — was assisted in the negotiations by JLL managing directors Mark Gustin and Dave Seeger. Situated right next to I-10 and within easy access…
Specialty Lender Trinity Capital Inc. Signs Lease for New HQ in Phoenix
Trinity Capital — a lender specializing in loans and equipment financing for growing tech companies — announced a lease for an office space in Phoenix that it intends to turn into its new headquarters.
Historic New Integration Partnership Announced Between CommercialEdge & Buildout
The CommercialEdge and Buildout partnership is set to boost leads for clients by connecting their huge array of CRE listing sites.
New Partnership Bridges Gap Between Available Commercial Spaces & Actively Searching Tenants
Commercial real estate data and listing platform CommercialEdge, is now partnering with TenantBase.
Apple Leases 2 Additional Floors in Midtown Office Building
Apple recently announced it had signed its biggest lease yet in New York City — a 336,000-square-foot office space in Midtown Manhattan.
Brookfield Acquires 343K SF Office Building in Bellevue, Wash., for $365M
Brookfield announced it had purchased a 343,000-square-foot Bellevue commercial property currently occupied by Facebook.
6 Steps to Becoming a Commercial Real Estate Agent
Are you interested in becoming a thriving real estate agent? If so, the first thing you must ask yourself is whether you want to work in commercial or residential real estate. Granted, because more people are likely to buy or lease a place to live versus a place to run a business, it is easier…
Commercial Real Estate Experts Optimistic About Strong Leasing & Positive Trends
Yardi’s Arjun Rao discusses strong leasing and positive CRE trends in the time of COVID-19 with experts Marijke Lantz, Paul Wittorf & Sara Terry.
Proposed Tax Law Amendment in California Could Greatly Affect Commercial & Industrial Properties
California’s Prop.15 seeks to tax commercial and industrial properties by their current market value, instead of the original purchase price.
An 80-Year Overview of Real Estate Development in L.A. — From Aeronautics, to Finance, to Silicon Beach
Urban resilience is an increasingly important topic in today’s complex environment. Through the evolution of its real estate market, Los Angeles is an example of urban resilience and adaptability.
California Food Tech Company Signs 112K SF Sublease
California food technology company Perfect Day recently announced it had subleased from Aduro Biotech 112,000 square feet of office and laboratory space at 740 Heinz Ave. in Berkeley, Calif. The sublease represents all of the space leased by Aduro in the Aquatic Park Center campus which totals 800,000 square feet of office space in 16…
D.C., DFW & Bay Area Are the Nation’s Biggest Suburban Office Markets
D.C., Dallas-Fort Worth and the Bay Area were found to be the nation’s biggest suburban office markets. DFW lead the list for suburban office developments in the last 10 years.
Breakthrough Properties Fully Leases Boston Building to Biotech Company
Breakthourgh Properties announced the full lease of a 263,500-square-foot laboratory building in Boston to gene editing company CRISPR Therapeutics.
Omninet Capital Nabs Two Metro LA Office Campuses for $78M
Omninet Capital recently purchased two metro Los Angeles office properties — one in Torrance and one in Commerce — for a total of $78 million. In the first deal, Omninet bought a three-building office park in Torrance called Park Del Amo. Located at 2355 and 2377 Crenshaw Blvd., the 204,468-square-foot campus fetched $39 million. At…
Commercial Real Estate – Fundamental Terms
What is commercial real estate? Commercial real estate (CRE) refers to properties meant to generate income. These properties are places where companies conduct business, with the notable exception of multifamily properties and buildings designated for hospitality, which provide living space for residents. Investors typically own the building (or a percentage thereof) and collect rent from…
A Comprehensive Guide to Investing in Physical Real Estate Versus Other Types of Real Estate Investments (REITs, REIGs, Private Notes & More)
Editor’s Note: This article was updated on July 13, 2023. Investing in real estate is a time-tested strategy for building wealth and generating passive income that also represents a more secure and resistant investment avenue than stocks, for example. But, getting started in the diverse landscape of real estate investment types can be overwhelming for…
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