Commercial Real Estate

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,…

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…

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…

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…

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

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…