St. George, UT ranks as the No.1 overall metro area for demand, according to the National Association of Realtors’ (NAR) inaugural Commercial Real Estate (CRE) Demand Index. The Utah city posted an overall score of 128, with multifamily as the strongest driver. The newly introduced quarterly index of 306 U.S. metro areas measures where demand...
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The City of Sandy Springs approved an incentive package to support Woodfield Development’s transformation of North River Shopping Center. The approval advances Woodfield’s planned redevelopment of the aging commercial center into a new mixed-use neighborhood featuring 336 multifamily residences, 85 for-sale townhomes, retail, restaurants and a new public park. Woodfield Development has approximately eight acres of the 13-acre North River Shopping Center site at 8830 Roswell Road under contract and will spearhead the redevelopment. To help advance...
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Related Group, PEBB Enterprises and BH Group have begun work on Broken Sound Residences, a 494-home luxury residential community that marks the first milestone in the transformation of the former Office Depot corporate campus in Boca Raton. Once complete, the 28-acre destination will blend residences, retail, wellness offerings and modern office space into a single project. Designed...
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Walker & Dunlop has arranged a $74.5-million loan for the acquisition and redevelopment of The Caspian, a luxury development in Stamford, CT. The Walker & Dunlop Capital Markets Institutional Advisory team led by Aaron Appel, Jonathan Schwartz, Keith Kurland, Adam Schwartz, Sean Reimer, Dustin Stolly, Jordan Casella and Stanley Cayre arranged the financing, provided by an affiliate of Apollo...
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Lincoln Property Company, Saber-Hightower and Waterfall Asset Management have acquired a $450-million Tri-State portfolio spanning four million square feet of existing properties and prime development sites across 300 acres in New York, New Jersey and Connecticut. The portfolio is headlined by iPark 84 in East Fishkill, NY, a 270-acre business park comprising approximately 1.8 million...
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Two Boston apartment towers in the portfolio of newly merged Vivmark Residential will be sold under an agreement between Massachusetts Attorney General Andrea Joy Campbell and the merger partners, Equity Residential and AvalonBay Communities. The agreement to sell the two-building Emerson Place is intended to ensure that the merger will not substantially reduce competition in...
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A troubled Vancouver development nearing completion will soon hit the market through a court-supervised sale. Jameson Development is developing the mixed-use building at 2538 Birch St., near West Broadway. The project ran into financial trouble in 2025 after its lender cut off construction funding, prompting Jameson to seek creditor protection in November. Interim financing later...
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Stockbridge Capital Group has acquired the 172-unit Alta Potrero apartments at 1301 16th St. in San Francisco’s popular Potrero Hill neighborhood for $132 million from developer Wood Partners, the San Francisco Business Times reported. At $767,000 per unit, it’s among the highest-priced acquisitions of the post-pandemic era. The acquisition, Stockbridge’s second in its hometown this...
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