Commercial Property Executive

Stream Realty Partners has secured $63 million in financing for the Chicagoland Industrial Portfolio, which comprises five Class A industrial buildings in the Chicago metro area: https://lnkd.in/ehX4rPZr

Ardmore Home Design, Inc. has acquired a 282,377-square-foot industrial asset in the City of Industry, Calif. LBA Realty previously owned the property: https://lnkd.in/e3n6Ajqb

Urban Land Institute and PwC have released 10 emerging trends for 2025: Interest rates and the cost of capital are still the chief economic concerns among respondents, but less so since the Fed switched gears. https://lnkd.in/etWfCyre

SL Green Realty Corp. has signed a 72,515-square-foot, 10-year lease with Verition Group NY Inc. at 245 Park Ave. in Manhattan: https://lnkd.in/ecFE-9_y

Industrial REIT payout ratios exceed those for office and all REITs, according to this report by S&P Global: https://lnkd.in/eSEtHK4j

Grandview Partners and TRG Development procured $99.8 million to finance a newly constructed industrial park totaling more than 1.6 million square feet in Wilmer, Texas, a Dallas suburb: https://lnkd.in/eK4ASy4T

CMBS special servicing rates continued to increase in September, with office spearheading the uptick. Read this special servicing rates reports to find out more: https://lnkd.in/eqj9yjV4

W. P. Carey Inc. has acquired a 1 million-square-foot cross-dock industrial facility in Shelbyville, Ky., from Flint Development: https://lnkd.in/ewtZiaqQ

Chobani, an innovative food and beverage company originally known for its Greek Yogurt, has unveiled plans for a new global headquarters in New York City: https://lnkd.in/ebDtW9Gj