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A Rockville office property gets snapped up for life sciences conversion, City Ridge opens, Cortland continues its D.C. entrance and more.
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A recent move by Trammell Crow Co. to electrify 35M SF of properties in its industrial pipeline could inspire more developers to follow suit.
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Commercial appraisals are on the rise this year, but one asset class is set to be hit hardest, with more unpleasant fallout for stretched renters ahead.
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Different property types will respond differently to a recession.
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The closing signals continued confidence in real estate technology, even as the value of tech stocks fall.
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Future-proofing and clean energy upgrades could take a backseat as industrial developers with tight budget sheets return to the basics.
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Many CRE players hoped the sales would offer pricing signals for a market trying to adjust to a new reality almost four years since the start of the pandemic.
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CRE sees some relief on interest rates ahead, and more investors will be active.
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While the residential damage was overwhelming, the LA wildfires harmed key pockets of the region’s retail real estate market.
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Industrial was the hardest hit sector, with values estimated to have climbed by more than 50% on average.
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