Commercial Real Estate

News

Senior Tenant Representation Brokers Join Cushman & Wakefield from Savills

Cushman & Wakefield has welcomed several brokers from Savills to its Tenant Rep team in Silicon Valley in June. The new appointees bring extensive knowledge of the technology, life science and biotech, healthcare, finance and gaming sectors to their new roles – with companies they have served collectively including Alibaba, Boston Scientific, Softbank, Cohesity, Twilio,…

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Developer Bringing Cold Storage Space to Cleveland’s Opportunity Corridor

Local developer Weston, Inc., has started construction of a much-needed 156,000 SF temperature-controlled warehouse space in Cleveland, Ohio, with opening scheduled for the third quarter of 2023. Located along the Opportunity Corridor and classified as a Public Refrigerated Warehouse, the Cleveland Cold Storage project will provide customers with a full range of temperature-controlled storage and…

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Savills IM Acquires Swedish Distribution Centre for European logistics fund

Savills Investment Management (Savills IM), the international real estate investment manager, has acquired a distribution centre in Rosersberg near Stockholm, Sweden in an off-market transaction on behalf of its flagship European logistics fund, for an undisclosed purchase price. The fund’s portfolio comprises a total of 28 logistics assets in six European countries, and is now…

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Zurich UK Launches Smart Building Proposition

Zurich Insurance Group has unveiled a new smart building proposition to help businesses in the United Kingdom cut property losses and boost sustainability.  The self-installed devices monitor the real-time ‘health’ of buildings, allowing firms to increase operational efficiencies, reduce risk and optimise energy use to support carbon reduction.   Known as Zurich insite, the technology taps…

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Steve Avanzino Joins Cushman & Wakefield Land Advisory Group

Professional has transacted over 25,000 acres of land, including production agriculture and ranching properties, and has extensive knowledge of water rights

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Trei Real Estate Awards Apleona Berlin Integrated FM Contracts

Trei Real Estate GmbH has selected Apleona to deliver integrated soft and hard FM services at two residential and commercial properties it is developing in Berlin. The contract covers a total of 304 apartments and retail stores with a total area of around 4,500 sq. m, and is due to start in summer 2022 six…

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Wiltshire Development Secures New Tenants

RO Real Estate, a subsidiary of UK family-owned business, The RO has successfully pre-let two food retail units on its development at Solstice Park in Amesbury, Wiltshire.  Work on the units is underway with completion expected over the summer and customer visits expected to commence later this year. Tenants include leading food retailer Greggs, the…

News

LA Industrial Portfolio Sells for US $85 Million

Cushman & Wakefield has advised the sale of a ±13.43-acre industrial park comprising five buildings totaling 95,600 square feet with two land parcels totaling ±4.17 acres all on the same cul-de-sac in Los Angeles. The portfolio is located strategically, adjacent to the Van Nuys Airport. Boston real estate investment firm Longpoint Realty Partners acquired the…

News

Fergus Keane to Join BNP Paribas Real Estate from Cushman & Wakefield

BNP Paribas Real Estate (BNPPRE) has announced the strategic appointed of Fergus Keane from Cushman & Wakefield as the new Head of its Central London Office Investment team. Keane, currently an international partner in Cushman & Wakefield’s London Markets team, has over two decades of experience in commercial property throughout the UK and Ireland. Working…

News

RPG Sells Equity in Fully Leased San Diego Commercial Properties

Cushman & Wakefield has represented RPG in the recapitalization sales of two Class A creative office and mixed-use office/retail assets in Carlsbad (San Diego), California. The properties had a combined building value of US $86 million at the time of transaction. Transacted separately, the recapitalizations consisted of Fusion, a recently transformed 121,541-square-foot Class A creative…

News

Savills IM UK Value Boxes Fund Deploys £75 Million on Retail Park Assets

Savills Investment Management’s UK Value Boxes fund has deployed £75 million on four retail park assets since launching in October 2021. Savills IM’s UK retail park strategy was launched in October 2021 with the aim of capitalising on the strong income-producing characteristics of the UK retail parks sector, with a focus on parks let to…

News

Savills IM Announces Senior Internal Appointments in Poland

Savills Investment Management (Savills IM) has promoted three senior members of its Polish team to new positions following a period of steady growth across tits business in East-Central Europe. Piotr Trzcinski, who joined the company’s Polish subsidiary when it opened for business in the country and previously served as the Head of Investment, will take…

News

STRABAG PFS Awarded DEMIRE Integrated Services Contract

STRABAG Property and Facility Services (STRABAG PFS) has been awarded a 3-year integrated property and facilities management, and ESG reporting services contract at 65 commercial properties owned by DEMIRE Deutsche Mittelstand Real Estate in Germany. DEMIRE’s portfolio offers a total leasable area of over a million square metres, with the company’s investment strategy focused on…

News

Prologis Acquires Orange Country Office Campus

Cushman & Wakefield has represented both parties in the sale of Pacific Vista, a 322,262 square foot Class A corporate office campus situated on a 24.38 acre plot in Lake Forest, Orange County, California. The property consists of five (5) premier two-story office buildings that are leased to seven long-term tenants. Prologis, Inc., a global…

News

Alere Acquires Single-Tenant Riverdale Industrial Asset

Cushman & Wakefield has advised the sale of a brand new 709,081-sf Class A industrial warehouse facility situated on over 39 acres in Riverside, Los Angeles, California to the Alere Property Group. Completed in 2021 and located in the Inland Empire East submarket, the Freeway Business Center is positioned in one of the most desirable…

News

Norton Rose Fulbright Partner Joins CREW UK Board

02.09.2021, 17:24 Norton Rose Fulbright Partner Joins CREW UK Board Leading commercial real estate finance lawyer Jennie Dorsaint has been appointed to the board of the associate organisation of the Commercial Real Estate Women Network (CREW) in the United Kingdom. A partner at global law firm Norton Rose Fulbright, Dorsaint joins fello board members Siobhan Godley…

News

Cushman & Wakefield Strengthens California Investment Sales

19.08.2021, 08:31 Cushman & Wakefield Strengthens California Investment Sales Veteran commercial land and investment sales professional John Kaufman has joined Cushman & Wakefield as a senior director of its Sacramento office. During the last two decades, Kaufman has brokered numerous transactions throughout California and Nevada. He has worked with many high-profile clients and dozens of…

News

MRI Expands Lead-to-Lease Commercial Property Offering

07.07.2021, 15:31 MRI Expands Lead-to-Lease Commercial Property Offering MRI Software has acquired Canadian intuitive marketing and leasing platform for commercial real estate, Findspace Inc, extending the capabilities of its property management platform. Based in Toronto and founded in 2009, Findspace claims a customer base that includes 40 per cent of the top 25 owners and…

FM Magazine

Is Mentoring Key to Real Gender Parity in CRE?

24.05.2021, 12:50 Is Mentoring Key to Real Gender Parity in CRE? Lauren Hetherington, Associate Director for Healthcare Capital Markets at ‎JLL, explains how mentoring schemes can help bridge a widely reported gender disparity within the corporate real estate sector.   In commercial real estate, we’re still suffering from a huge gender divide that seems to…

News

Protecting Commercial Property from Water Damage

20.05.2019, 14:10 Protecting Commercial Property from Water Damage Life safety products manufacturer Vimpex is marketing a configurable water leak detection system which is designed to protect commercial property from water damage which is estimated at around £800 million annually in the United Kingdom. The Vimpex Hydrosense system incorporates Hydro-Cryer voice sounders to protect areas where water ingress…

News

Protecting Commercial Property from Water Damage

20.05.2019, 14:10 Protecting Commercial Property from Water Damage Life safety products manufacturer Vimpex is marketing a configurable water leak detection system which is designed to protect commercial property from water damage which is estimated at around £800 million annually in the United Kingdom. The Vimpex Hydrosense system incorporates Hydro-Cryer voice sounders to protect areas where water ingress…

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