by Kipp Gillian | Jan 16, 2026 | Office
NAIOP SoCal has appointed a 2026 legislative affairs team, positioning the organization to build on recent wins and drive even stronger results for the commercial real estate industry in Southern California and Sacramento. Longtime Sacramento lobbyist Adam Regele has...
by Kipp Gillian | Jan 16, 2026 | Multifamily
By Clearinghouse CDFI Housing for those who are experiencing homelessness is essential and in short supply. At the same time, Single Room Occupancy (SRO) properties for people experiencing homelessness sometimes carry negative connotations, despite their...
by Kipp Gillian | Jan 16, 2026 | Retail
Parsippany, NJ-based CrownPoint Group Inc. (CPG) has broken ground on a105,500-square-foot self-storage facility at 696 Old Bridge Tpke. in South River, NJ. The three-story, climate-controlled facility will serve the storage needs of the growing neighborhoods...
by Kipp Gillian | Jan 16, 2026 | Industrial
Greenstone Partners completed the sale of 3800 N. Milwaukee Avenue, a multi-tenant flex-industrial property located in Chicago’s Irving Park neighborhood. The asset traded for $16.95 million, equating to $132 per square foot. “This transaction highlights the depth of...
by Kipp Gillian | Jan 16, 2026 | Office
Chicago-based Glenstar has delivered three spec suites, opened a tenant-only golf simulator amenity with two bays, and completed renovations to common areas and restrooms at Presidents Plaza. Glenstar acquired the two-tower office complex in an all-cash transaction in...
by Kipp Gillian | Jan 16, 2026 | Multifamily
The NHP Foundation (NHPF) and Gibson Spyre have been selected by the Fairfax County Redevelopment and Housing Authority to redevelop 5831 Columbia Pike in Bailey’s Crossroads, Virginia.“This development offers a powerful example of how local government, non-profits,...
by Kipp Gillian | Jan 16, 2026 | Retail
Teso Life, a fast-growing Japanese-style lifestyle retail chain, is planning to open two stores in the Portland area. The New York-based Japanese fashion casual life product company sells Asian health and beauty products, home goods, toys and more. The chain operates...
by Kipp Gillian | Jan 16, 2026 | Hotel
The Washington Commanders and HKS have unveiled the first conceptual renderings of the team’s new, world-class stadium. The roofed stadium will be a year-round destination for sports, entertainment and community engagement, integrating sustainable design...
by Kipp Gillian | Jan 16, 2026 | Industrial
Franklin Templeton and Clarion Partners Real Estate Income Fund Inc. have acquired Pacific Golden Valley, a 172,483-square-foot Class-A industrial building located at 26313 Golden Valley Rd. in Santa Clarita and 100% leased by contract beverage manufacturer DrinkPAK....
by Kipp Gillian | Jan 16, 2026 | Industrial
Boston-based Reclamation Partners, in partnership with Fox Capital Partners, has acquired a 74,300-square-foot light industrial building located at 660 Bodwell St. in Avon, MA, within Boston’s infill Route 128 South industrial submarket. Terms were not...
by Kipp Gillian | Jan 16, 2026 | Retail
CBRE facilitated the $8 million sale of 601 Pine St. in downtown Seattle. CBRE’s Dino Christophilis and Daniel Tibeau represented the seller, L&B Realty Advisors, LLP. “L&B Realty Advisors has been proud to steward this asset on behalf of our client for more...
by Kipp Gillian | Jan 16, 2026 | Office
Transwestern Real Estate Services will relocate its Chicago office to 123 N. Wacker Drive, signing a long-term, 35,000-square-foot lease for the tower’s penthouse with a move-in slated for the fall of this year. Transwestern’s Agency Leasing team, led by Executive...
by Kipp Gillian | Jan 16, 2026 | Industrial
Vornado Realty Trust, Hudson Pacific Properties, Inc. and Blackstone Real Estate, the joint venture partners behind Sunset Pier 94 Studios, Manhattan’s first purpose-built studio facility, announced Paramount Television Studios has signed the first lease ahead of the...
by Kipp Gillian | Jan 16, 2026 | California Real Estate
The most recent LightBox CRE Activity Index reflected a market settling into a typical year-end slowdown amid ongoing uncertainty. The company said its December 2025 Index registered 86.9, a 13% decline from November’s 99.4, less severe than historical December...
by Kipp Gillian | Jan 16, 2026 | Industrial
Sunlit, a Taiwan-based chemical supplier, acquired about 40 acres for $9.2 million near a rail line in Casa Grande. The Phoenix Business Journal reports Sunlit plans to build a hydrofluoric acid manufacturing plant on the newly acquired land that will support TSMC...
by Kipp Gillian | Jan 16, 2026 | Industrial
KoMiCo, a global leader in precision cleaning and advanced coatings for the semiconductor industry, opened its new state-of-the-art facility for cleaning, coating, and repair of advanced semiconductor equipment parts in Mesa, Arizona. The $60 million facility will...
by Kipp Gillian | Jan 16, 2026 | Industrial
Stream Realty Partners sold Empire West Buildings 1, 3, and 8, totaling 1,038,619 square feet, as well as a 16.6-acre outdoor storage yard. The complete Empire West development is an institutional-quality, Class A industrial portfolio totaling 3,969,811 square feet...
by Kipp Gillian | Jan 16, 2026 | Retail
Trademark Property Co. will start construction on a 40-acre mixed-use development, $120 million development in Southlake in the spring. The company scored its rezoning in October. Called Shivers Farm, it will feature 110,000 square feet of retail, 38,000 square feet...
by Kipp Gillian | Jan 16, 2026 | Office
Trademark Property Co. will start construction on a 40-acre mixed-use development, $120 million development in Southlake in the spring. The company scored its rezoning in October. Called Shivers Farm, it will feature 110,000 square feet of retail, 38,000 square feet...
by Kipp Gillian | Jan 16, 2026 | Multifamily
JPI in partnership with Anchor Loans closed on construction financing for Jefferson Southwest Parkway, a planned $114 million Class A garden-style apartment community located at 4700 Lake Ridge Parkway in Grand Prairie, Texas. Slated for delivery in 2027, Jefferson...
by Kipp Gillian | Jan 16, 2026 | Multifamily
Pinnacle Housing obtained $68 million in construction and equity financing for Caribbean Isles, a 142-unit affordable senior housing project in Miami. The future community will have residences designated for individuals ages 62 and over, earning 60 percent of the...
by Kipp Gillian | Jan 16, 2026 | Multifamily
Fifteen Group has secured a $52.6 million refinancing loan for Horizons North, a 276-unit garden-style community in Miami. Multihousing News reports that JLL Capital Markets’ Mark Wintner, Joshua Odessky, and Charlie Foy led the debt advisory team that arranged...
by Kipp Gillian | Jan 16, 2026 | Multifamily
Penzance acquired approximately $200 million in multifamily and residential assets totaling 1,100 units and over 1.2 million square feet during the fourth quarter of 2025 in Virginia and the Carolinas. Of the four projects, two are in North Carolina: Presley Oaks in...
by Kipp Gillian | Jan 16, 2026 | Multifamily
Newmark arranged a $109.5 million loan on behalf of an Ares Real Estate fund to refinance The Knox and The Finch, a portfolio of recently constructed multifamily communities located in Acworth and Hoschton, Georgia. The financing was secured from ACORE by...
by Kipp Gillian | Jan 16, 2026 | California Real Estate
There’s little doubt that the “extras” offered by a multifamily property can entice renters from one property to another. However, those on-site amenities aren’t stagnant—they change, based on demand. To clarify what’s going on with apartment features—as well as the...
by Kipp Gillian | Jan 16, 2026 | California Real Estate
The retail industry has been beset by many challenges in recent years. In addition to recovery from the pandemic shutdown and consumer spending uncertainty, restaurants and other retailers have to meet consumers’ “need it now” expectations while dealing with labor...
by Kipp Gillian | Jan 16, 2026 | California Real Estate
David Frosh During the late 2010s and early 2020s, low-interest-rate mortgages and short-term loans were rampant. However, the Federal Reserve’s rapid increases in the Effective Federal Fund Rate in 2022 and 2023 sparked fear that refinancing these loans would be...
by Kipp Gillian | Jan 16, 2026 | California Real Estate
J. Wickham Zimmerman The pandemic’s aftermath saw yet another prediction of retail’s demise. But fast-forwarding half a decade, and retail has been a robust commercial real estate asset class. Despite the current K-shaped economy, shopping cutbacks from lower-income...
by Kipp Gillian | Jan 16, 2026 | Distressed Assets
David Frosh During the late 2010s and early 2020s, low-interest-rate mortgages and short-term loans were rampant. However, the Federal Reserve’s rapid increases in the Effective Federal Fund Rate in 2022 and 2023 sparked fear that refinancing these loans would be...
by Kipp Gillian | Jan 16, 2026 | Retail
The retail industry has been beset by many challenges in recent years. In addition to recovery from the pandemic shutdown and consumer spending uncertainty, restaurants and other retailers have to meet consumers’ “need it now” expectations while dealing with labor...
by Kipp Gillian | Jan 16, 2026 | Retail
J. Wickham Zimmerman The pandemic’s aftermath saw yet another prediction of retail’s demise. But fast-forwarding half a decade, and retail has been a robust commercial real estate asset class. Despite the current K-shaped economy, shopping cutbacks from lower-income...
by Kipp Gillian | Jan 16, 2026 | Multifamily
There’s little doubt that the “extras” offered by a multifamily property can entice renters from one property to another. However, those on-site amenities aren’t stagnant—they change, based on demand. To clarify what’s going on with apartment features—as well as the...
by Kipp Gillian | Jan 15, 2026 | Office
RFR announced The Cochran Firm has signed a 10-year, 13,757-square-foot full-floor lease at 17 State St. in Lower Manhattan. The firm reported a record-breaking year at 17 State, with 250,000-plus square feet of leases signed in 2025. “17 State St. has always...
by Kipp Gillian | Jan 15, 2026 | Retail
Faris Lee Investments completed the sale of Plaza Pacifica, a neighborhood retail center located in San Clemente’s affluent South Orange County trade area. The property closed at a price of $21,000,000. The center features a strong mix of daily-needs retailers and has...
by Kipp Gillian | Jan 15, 2026 | Industrial
DAUM Commercial Real Estate Services has completed the sale of a 256,722 square-foot, 100% occupied industrial/office building located at 875 W. State St. in Ontario for just over $57.1 million. EVPs and principals Eric Fikse, SIOR and Eric Burney,...
by Kipp Gillian | Jan 15, 2026 | Hotel
Churchill Downs Inc. (CDI) will expand its existing Casino Salem within The Mall at Rockingham Park in Salem, NH. The current 19,000-square-foot facility will be redeveloped as Rockingham Grand Casino, occupying 160,000 square feet across three floors of the largest...
by Kipp Gillian | Jan 15, 2026 | Hotel
JLL has secured the refinancing for a dual-brand hotel portfolio, supporting the sponsors’ ongoing ownership and capital planning strategy in Chicago’s River North district. JLL worked on behalf of the borrower, a joint venture between Friedman Properties and...
by Kipp Gillian | Jan 15, 2026 | Multifamily
Cushman & Wakefield brokered the $28.45 million sale of 1900 W Lawrence, a boutique luxury mixed-use property with 59 multifamily units and over 19,000 square feet of ground-level retail space in Chicago’s Ravenswood neighborhood. Located at 1900 W. Lawrence Ave.,...
by Kipp Gillian | Jan 15, 2026 | Industrial
Amazon has signed a full-building lease to occupy 450,000 square feet in a distribution center at 139 Campanelli Drive in the Central Massachusetts town of Uxbridge, reported the Boston Business Journal. The retailing giant already has a similar site of more than...
by Kipp Gillian | Jan 15, 2026 | Retail
Kidder Mathews announced that Tim Weber has joined the firm as executive vice president in its Tacoma office.Weber brings more than three decades of experience specializing in retail commercial real estate across the Puget Sound region, with deep expertise in tenant...
by Kipp Gillian | Jan 15, 2026 | Industrial
Cushman & Wakefield announced the sale of Andrews Industrial Center, a newly constructed, Class A industrial facility located at 9211 Old Pike Way in Upper Marlboro, Maryland, for $31.3 million. Cushman & Wakefield’s Northeast Industrial Advisory Group,...
by Kipp Gillian | Jan 15, 2026 | Office
SL Green Realty Corp. said Thursday that it closed on the previously announced acquisition of Park Avenue Tower, an office property located at 65 E. 55th St. in Midtown Manhattan, for $730 million. The seller was Blackstone’s Perform Properties, represented by Gary...
by Kipp Gillian | Jan 15, 2026 | Office
Perlo Construction, a Portland metro-based general contractor, announced the grand opening of its new office in Tacoma, Washington, located in Tacoma Centre.Founded in the 1950s, Perlo has a long history of construction in Washington State. “After decades of providing...
by Kipp Gillian | Jan 15, 2026 | Office
Silverstein Properties and Arden Group announced that RSM US LLP, a provider of assurance, tax and consulting services for the middle market, has signed a lease agreement to occupy space at 1735 Market Street in Philadelphia. RSM US LLP signed a long-term lease to...
by Kipp Gillian | Jan 15, 2026 | Office
JLL has appointed Sarah Wexler as Managing Director within the Consumer Goods and Services division. Wexler will lead strategic initiatives across retail and professional services sectors, leveraging her deep global expertise in retail strategy, transformation and...
by Kipp Gillian | Jan 15, 2026 | California Real Estate
The level of commercial/multifamily mortgage debt outstanding ticked up by 1.1% or $53.4 billion in the third quarter of 2025, according to the Mortgage Bankers Association’s (MBA) latest Commercial/Multifamily Mortgage Debt Outstanding quarterly report. Total...
by Kipp Gillian | Jan 15, 2026 | California Real Estate
The Trepp CMBS Special Servicing Rate decreased 15 basis points in December 2025 to 10.71%, led by declines in the office and lodging rates. However, Trepp noted that performance varied by property type. Additionally, the overall rate is up by 82 bps from...
by Kipp Gillian | Jan 15, 2026 | Distressed Assets
The Trepp CMBS Special Servicing Rate decreased 15 basis points in December 2025 to 10.71%, led by declines in the office and lodging rates. However, Trepp noted that performance varied by property type. Additionally, the overall rate is up by 82 bps from...
by Kipp Gillian | Jan 15, 2026 | California Real Estate
Hackman Capital Partners is expected to cede ownership of Radford Studio Center, the historic L.A. production facility, to lenders after defaulting on a $1.1-billion mortgage, Variety reported, citing a Bloomberg News account. Hackman, the world’s largest independent...
by Kipp Gillian | Jan 15, 2026 | Distressed Assets
Hackman Capital Partners is expected to cede ownership of Radford Studio Center, the historic L.A. production facility, to lenders after defaulting on a $1.1-billion mortgage, Variety reported, citing a Bloomberg News account. Hackman, the world’s largest independent...
