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September 19, 2025
Plastics company sells 70,000 square feet of space in California warehouse condo
Flint Builders, a regional, California-based general contractor, acquired a 70,000-square-foot warehouse condo in Auburn, California, from PRE Plastics for $10 million, or $142.86 per square foot.
September 19, 2025
Bulk industrial development in Dallas-Fort Worth slows to its lowest share in nearly a decade
Large industrial buildings have become a regional specialty for Dallas-Fort Worth. The region's expansive geography, favorable topology and boundary-pushing demographic growth have created a perfect storm for the development of these larger properties. But recent trends suggest that this appetite for new construction could be dried up.
September 19, 2025
St. John Properties promotes Foit to director of leasing for Virginia, central Maryland
St. John Properties has tapped one of its leasing representatives to serve as its new director of leasing for the company's Virginia and central Maryland portfolio.
September 19, 2025
Industrial park in Riverside, California, changes hands
A private purchaser has acquired the Citrus Park Business Center in Riverside, California, totaling 93,868 square feet of industrial buildings on 4.59 acres from Reich Brothers for $21.4 million, or $227.80 per square foot.
September 19, 2025
CBRE expands Inland Empire team; Northmarq grows Atlanta sales group; JLL hires pair to pursue Houston leasing business
CBRE expands Inland Empire team
September 18, 2025
Stellantis sells auto-parts distribution center in Atlanta area
Stellantis sold an Atlanta-area distribution center ahead of its planned move into a new facility under construction in another part of Georgia.
September 18, 2025
Nvidia to invest $5 billion into Intel; Outpost plans to double truck terminal network; Jobless claims decline
Nvidia to invest $5 billion into Intel
September 18, 2025
Kelly Spicers Paper leases building in Tracy, California, business park
Kelly Spicers Paper has signed a seven-year lease for the entirety of Building 11 at Patterson Pass Business Park, at 25201-25315 S. Schulte Road, Tracy, California. The leased space spans 158,980 square feet and will be used for warehousing and distribution operations.
September 18, 2025
Sprawling Detroit commercial building portfolio goes up for sale
A Detroit real estate firm is looking to sell a 21-property portfolio in and around the city’s Eastern Market district. The offering is billed as the largest collection of commercial buildings ever offered in the area by a single owner.
September 18, 2025
Industrial construction pulls back in Denver
After years of record-breaking industrial construction, Denver's pipeline has slowed to a six-year low amid high construction costs and challenges securing financing.
September 18, 2025
Theatrical sewing company renews North Jersey lease amid industrial slowdown
One of North America’s largest theatrical custom-sewing operations has extended the lease for its headquarters and manufacturing facility as industrial demand softens in New Jersey’s Meadowlands.
September 18, 2025
Strategic location drives growth in Austin, Texas’ Interstate 35 corridor
In the southern portion of Austin, Texas' Interstate 35 corridor that runs through Hays County, industrial development and leasing activity have been dynamic.
September 17, 2025
UPS sells properties to Fortress Investment Group as part of major cost-cutting plan
Global shipping company United Parcel Service agreed to sell at least four industrial and office properties in the Atlanta, Chicago and Southern California markets to Fortress Investment Group for about $368 million.
September 17, 2025
CoStar World News for Sept. 18
September 17, 2025
Housing starts decline; Group opposes planned rail merger; Mortgage applications increase
Housing starts decline
September 16, 2025
Eli Lilly picks Virginia for $5 billion manufacturing plant
Pharmaceutical giant Eli Lilly and Co. has selected Virginia for the site of a $5 billion manufacturing plant, the first of four new U.S. development sites it plans to announce as it looks to invest $50 billion to ramp up its domestic medicine production.
September 16, 2025
Rice University, Lincoln Property Co. unveil big plans in Houston's Midtown
The real estate arm of Rice University, in partnership with Lincoln Property Co., has unveiled plans to develop a research, laboratory and office building spanning nearly 200,000 square feet on a site with ties to a former Sears store in Houston's Midtown area.
September 16, 2025
Rivian sets stage for construction of $5 billion Georgia plant
Electric vehicle maker Rivian appears set to begin construction of a planned $5 billion plant near Atlanta, a project that's been hit by months of delays and as Hyundai reconsiders its own EV plant elsewhere in Georgia following raids on its employees.
September 16, 2025
Overall job growth holds steady in Twin Cities, but office-using sectors continue to languish
According to the most recent data from the Bureau of Labor Statistics, the Twin Cities labor market remains resilient but is showing signs of a late-cycle deceleration, with a clear shift in the growth mix. Total nonfarm payrolls increased by 15,900 jobs, or 0.8% year over year, in July, slightly below the U.S. average of 1%.
September 16, 2025
One of Japan's biggest homebuilders completes its first US industrial hub
A U.S. affiliate of Japan's Daiwa House, in a joint venture with developer Trammell Crow, has completed its first U.S. industrial investment in the greater Houston region with bigger plans underway to invest in real estate across the country.

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