Commercial Real Estate News

DBS Bank and ING Provide SGD 1.72 Billion Loan for J.P. Morgan Asset Management's One Spitalfields Refurbishment in London

Oct 5, 2026•DBS Bank

Aerial view of a grocery-anchored retail park in the Greater Oslo region, illustrating the type of essential real estate included in Slate Asset Management and OneIM's approximately €250 million acquisition from Tellus Eiendom AS.

Slate Asset Management and One Investment Management Agree to Buy Eight Oslo Retail Parks From Tellus Eiendom AS for About €250 Million

Slate Asset Management and One Investment Management have agreed to acquire a portfolio of eight grocery-anchored retail parks in the Greater Oslo region from Tellus Eiendom AS, valued at approximately €250 million. The deal expands the partners' European essential real estate platform and is subject to customary closing conditions.

Oct 5, 2026•Slate Asset Management

Capital Group representatives and project stakeholders celebrate the firm’s arrival at One Independence Center in Uptown Charlotte during a ribbon-cutting ceremony marking its new East Coast operations hub.

Leasing

Capital Group Leases 200,000 Square Feet at One Independence Center in Uptown Charlotte

Capital Group has leased approximately 200,000 square feet across the top eight floors of One Independence Center in Uptown Charlotte, where it is establishing an East Coast operations hub. The tower is owned by Crescent Communities and Nuveen Real Estate, with CBRE and Lincoln Property Company representing the tenant and ownership, respectively.

Oct 5, 2026•Office

A graphic featuring European landmarks illustrates the pan-European scope of Empira Group and Partners Group’s €1 billion living strategy across major metropolitan markets.

Joint VenturesMultifamilyStudent Housing+2

Empira Group and Partners Group Launch €1 Billion Pan-European Living Strategy

Empira Group and Partners Group have launched the Empira Pan-European Living Strategy, targeting €1 billion in equity commitments for residential and other living assets. The strategy will focus on Germany, the UK, France, Italy and Spain, with a first close targeted for the third quarter of 2027.

Oct 5, 2026•Empira Group

PeopleOffice

CBRE Appoints Frank McCafferty as Office Occupier Leasing Leader for U.S. and Canada

CBRE announced the appointment of Frank McCafferty as Office Occupier Leasing Leader for the U.S. and Canada, effective immediately. McCafferty, who joined the firm in 2021, will lead the Office Occupier business as leasing activity and vacancy trends improve in both countries.

Oct 5, 2026•CBRE

Property Transactions

Institutional Property Advisors Closes $58.7 Million Sale of Ascend at Black Canyon in North Phoenix

Institutional Property Advisors arranged the $58.7 million sale of Ascend at Black Canyon, a 260-unit multifamily community in Phoenix's Deer Valley submarket. D.R. Horton sold the 2024-built property to Millburn & Company at $225,769 per unit.

Oct 5, 2026•Institutional Property Advisors

Property Transactions

The Meritex Company Acquires 121 Technology Park, a 371,000-Square-Foot Class A Industrial Asset in Allen, Texas

The Meritex Company has acquired 121 Technology Park, a four-building, 371,000-square-foot Class A industrial park along State Highway 121 in Allen, Texas. The firm plans to develop three additional buildings beginning in early 2027, bringing the park to approximately 740,000 square feet at full buildout.

Oct 5, 2026•the Meritex Company

More News

Aerial masterplan rendering of Diriyah Square, where Diriyah Company has awarded SAR 2.729 billion in contracts for five luxury hotels and three branded residential buildings.

DevelopmentHospitalityMultifamily

Diriyah Company Awards SAR 2.729 Billion in Construction Contracts for Hotels and Branded Residences at Diriyah Square

Diriyah Company has awarded two construction contracts totaling SAR 2.729 billion ($727.9 million) for five luxury hotels and three branded residential buildings in Diriyah Square. The 413 hotel rooms and 34 branded apartments expand a hospitality pipeline that targets about 34 luxury hotel brands across the Diriyah and Wadi Safar masterplans.

Oct 5, 2026•Diriyah Company

City Walk at Woodbury’s distinctive tower and residential streetscape in Woodbury, Minnesota, represent the 453-unit community acquired by Waterton for its Twin Cities multifamily portfolio.

Property TransactionsMultifamilyRetail

Waterton Acquires 453-Unit City Walk at Woodbury in Twin Cities Suburban Multifamily Deal

Waterton has acquired City Walk at Woodbury, a 453-unit apartment community in Woodbury, Minnesota, adding the suburban Twin Cities property to its value-add multifamily portfolio. The Chicago-based firm plans targeted renovations to residences, hallways and common areas at the wrap-style community, which also includes 24,000 square feet of retail space.

Oct 5, 2026•Waterton

The Hotel at Avalon in Alpharetta, Georgia, the 330-room luxury property Crescent Real Estate sold to a joint venture between Endeavor Real Estate Group and Cox for a reported $220 million.

Property TransactionsHospitality

Crescent Real Estate Sells 330-Room Hotel at Avalon in Alpharetta for Reported $220 Million

Crescent Real Estate has completed the sale of the Hotel at Avalon, a 330-room luxury hotel located within the Avalon mixed-use development in Alpharetta, Georgia. A joint venture between Endeavor Real Estate Group and Cox acquired the property for a reported $220 million, or approximately $667,000 per room.

Oct 5, 2026•Crescent Real Estate

The exterior of 1 Hotel Austin within Waterline illustrates the newly opened 252-room hotel component of Texas' tallest tower in downtown Austin.

DevelopmentHospitalityMixed Use

Lincoln and Kairoi Residential Open 252-Room 1 Hotel Austin Inside Texas' Tallest Tower

Lincoln and Kairoi Residential have opened 1 Hotel Austin, a 252-room luxury property occupying 13 floors of the 74-story Waterline tower at 98 Red River St. in downtown Austin. The hotel marks the first Texas location for the 1 Hotels brand and anchors a mixed-use development that also includes 352 apartments and approximately 700,000 square feet of office space.

Oct 5, 2026•Kairoi Residential

The Wrigley Building at 400–410 N. Michigan Avenue, where Perkins&Will, Oil-Dri Corporation of America, Chicago Fire Football Club, and Health Wave Partners are among tenants contributing to more than 100,000 square feet of leasing activity.

LeasingOffice

Perkins&Will, Chicago Fire Football Club Among Tenants in 100,000+ SF of Leasing Activity at Chicago's Wrigley Building

Mansueto Office Inc. has secured more than 100,000 square feet of new and renewed leases at The Wrigley Building in Chicago, with global design firm Perkins&Will and Chicago Fire Football Club among the tenants making long-term commitments to the landmark Michigan Avenue property. Stream Realty Partners is handling leasing for the owner, while Colliers represented Perkins&Will in its transaction.

Oct 5, 2026•Stream Realty Partners

Rooftop solar panels at Centuria's Fortitude Valley, Ann Street asset illustrate the renewable infrastructure Energy Bay will deploy across up to 240 Centuria-controlled properties under the 30-year partnership.

Joint VenturesOfficeIndustrial+2

Centuria and Energy Bay Strike Australia's Largest Commercial Landlord Renewable Energy Deal in $430 Million Partnership

Centuria Capital Group and Energy Bay have announced a $430 million renewable energy partnership that will deploy approximately 70 MW of solar capacity and 300 MWh of battery storage across up to 240 Australian commercial properties over seven years. The 30-year agreement is structured to generate new income for Centuria while helping its listed REITs reach zero Scope 2 emissions targets.

Oct 5, 2026•Centuria

Aerial view of the Orchard Park site at Eurocentral alongside the M8, where Newlands Developments and Tulchan Development plan to deliver more than 350,000 square feet of Grade A industrial and logistics space.

DevelopmentIndustrialWarehouse & Distribution

Newlands Developments Secures £72 Million Forward Funding for 350,000-SF Orchard Park Industrial Scheme at Eurocentral

Newlands Developments and Tulchan Development have secured a £72 million pre-construction forward funding commitment for Orchard Park, a speculative 350,000-square-foot industrial and logistics development at Eurocentral in North Lanarkshire. CBRE brokered the deal with a US-based investor, marking what the parties describe as the largest speculative forward funding transaction for an industrial and logistics project in Scotland in 30 years.

Oct 5, 2026•Forum Partners Investment Management

The Cub Foods-anchored shopping center represents the grocery-focused Midwest retail assets acquired by First Washington Realty in its more than $65 million purchase of two properties.

Property TransactionsRetail

First Washington Realty Pays $65M+ for Two Grocery-Anchored Shopping Centers in Minnesota and Missouri

First Washington Realty has acquired two grocery-anchored shopping centers in Blaine, Minnesota, and Liberty, Missouri, for a combined price exceeding $65 million. The deals add 345,493 square feet to the Bethesda-based firm's national open-air retail portfolio.

Oct 5, 2026•First Washington Realty

An exterior view of Stirling Landing in Fort Lauderdale, the 210,000-square-foot business park acquired by BKM Capital Partners and Kayne Anderson Real Estate and being rebranded from Lakeview Center.

Property TransactionsIndustrial

BKM Capital Partners, Kayne Anderson Real Estate Acquire 210,000-SF Fort Lauderdale Business Park

BKM Capital Partners and Kayne Anderson Real Estate have acquired Lakeview Center, a 210,000-square-foot, 97%-occupied multi-tenant business park in Fort Lauderdale, and will rebrand it Stirling Landing. It is BKM's second Broward County purchase in two months.

Oct 5, 2026•BKM Capital Partners

Landmark Properties Delivers 909-Bed The Mark Philadelphia Student Housing Tower in University City

Swire Properties Breaks Ground on Mandarin Oriental Residences in Miami's Brickell Key

Walker & Dunlop Arranges $630.6 Million Fannie Mae Refinance for IMT Capital Multifamily Portfolio

DWS to Acquire Peakside Capital Advisors, Adding Value-Add Real Estate Platform in Germany and CEE

atNorth Plans €2 Billion FIN05 Data Center in Salo, Finland

Ares Expands Sabey Data Center Properties Investment to More Than $500 Million