Industry insights, market outlook reports and commercial real estate
news, and trends from the Coldwell
Banker Commercial brand.
Coldwell Banker Commercial is pleased to have represented the buyer in the acquisition of Kiddie Academy®, located at 188 Woods Dr. in Mechanicsburg, Penn. The transaction value was $3.7 million.
Construction of nonresidential building projects accelerated in October in the United States, according to a new report by Dodge Construction Network. The Dodge Momentum Index increased 10% in October to 181.2 from the revised September reading of 164.6.
Commercial real estate markets appear to be looking beyond the immediate challenges and are considering income prospects over the long term. The industrial sector is lifting prices across global regions in anticipation of further income growth as supply chains adjust to new ways of connecting with consumers worldwide.
Listen to the latest episodes featuring industry leaders on the CRE with CBCworldwide podcast!
Coldwell Banker Commercial Sunstar Realty, Member of the Schmidt Family of Companies, represented both the buyer and the seller in the sale of a fully insulated metal industrial building in Port Charlotte, Fla. The property was sold for $3.5 million.
Coldwell Banker Commercial is pleased to have represented the seller in the disposition of an outpatient cosmetic surgical/medical office building located at 330 Frontage Rd. in Northfield, Ill. The property sold for $2 million.
Coldwell Banker Commercial has announced the sale of 4260 Capital Circle, located in Janesville, Wis., in a transaction valued at $12.15 million. The industrial property, totaling 150,000 square feet, was built in 2016 and is situated on approximately 13.04 acres.
Many view this infrastructure bill as a generation-defining piece of legislature that when combined with the passing of the reconciliation budget will likely produce a building boom across the U.S. not seen since the New Deal in the 1930s.
Coldwell Banker Commercial represented the buyer and seller in selling a 25-unit multifamily building at 1015 Pierce St. in the San Francisco Alamo Square neighborhood. The transaction was valued at $9.88 million. The acquiring entity purchased the apartment complex to add to its portfolio of holdings.
From August through October 2021, total sales were up 15.4% from the same period a year ago. U.S. retail and food service sales for October alone were $638.2 billion, up 1.7% from the previous month despite rising inflation and supply chain disruptions.