News/Events
Breakthrough Properties Acquires, Fully Leases Puget Sound Biomanufacturing Campus
Breakthrough Properties, a joint venture between Tishman Speyer and Bellco Capital, has acquired a recently delivered biomanufacturing facility at 215 Shuksan Way in Everett, Washington, just outside of Seattle. The joint venture acquired the 270,000-square-foot property for $78 million from its second life science fund. In tandem with the acquisition, Breakthrough secured a separate 21-year…
J.G. Petrucci, BGO Cold Chain Lease Bethlehem Cold Storage Development
J.G. Petrucci Company, Inc. and BGO Cold Chain announced that Freshpet has leased the entire 216,000-square-foot cold storage development at 757 Hellertown Road in Bethlehem, Pennsylvania. The facility is scheduled for on-time and on-budget completion by the end of the year, and the property was developed through a joint venture between Petrucci and BGO Cold…
Historic Trinity Lutheran Church in Everett Listed for Sale
Trinity Lutheran Church in Everett, Washington, has listed its historic property at 2324 Lombard Avenue for sale. Kidder Mathews Senior Vice President Steve Pelluer and Associate Vice President Zeke Pelluer are representing the congregation. For more than a century, Trinity has been a place of worship, inclusion, and service. Organized in 1904 as St. Paul…
HGA, Mortenson Complete 620K-SF Surgical Center in Minneapolis
Interdisciplinary design firm HGA has completed the Richard M. Schulze Surgical and Critical Care Center, a 10-story, 620,000-square-foot addition to Abbott Northwestern Hospital housing 190 private inpatient rooms. The design firm worked with Allina Health to integrate new critical care spaces, including 30 advanced operating rooms purpose-built for complex procedures, into the campus’s existing facilities.…
Office, Industrial Occupancy Rates Edge Up in The Woodlands
Vacancy rates in The Woodlands area grew slightly in retail and industrial sectors in August, while the office sector saw a slight decrease when compared to the third quarter of 2025, according to commercial real estate data from Caldwell Cos. Community Impact reports that rental rates per square foot for retail units grew between the third…
Nominations Are Open for Connect CRE’s 2026 Women in Real Estate Awards
Nominations are open for the 10th consecutive year of Connect CRE’s Women in Real Estate Awards. We will honor women whose talent, drive, leadership and fresh ideas have helped them succeed and become influential in commercial real estate. We invite you to participate in selecting this year’s honorees. We’ll put the spotlight on women from…
Varia US, Brookfield Launch $694M Multifamily Joint Venture
Varia US Properties AG, the Swiss-listed investor in the U.S. multifamily sector, externally managed by Stoneweg, an SWI Group Company, has formed a US$693.9 million two-vehicle joint venture with affiliates of Brookfield Asset Management for 13 of Varia’s 17-property U.S. multifamily portfolio. The JV provides access to up to US$200 million equity capital to fund…
Logistics Plus Signs 744K-SF Wilmer Warehouse Lease
Logistics Plus has signed a 744,452-square-foot industrial lease in the southern Dallas suburb of Wilmer. The Pennsylvania-based provider of freight and fulfillment services will occupy the entire Building 2 within the Southport Logistics Center, an approximately 1.5 million-square-foot development. Building 2 features 123 dock doors, three drive-in doors and 4,647 square feet of speculative office space.…
Data Center Supplier Inks 196K-SF Lease in Hutto
Partners Real Estate represented AI Prefab Solutions, a Texas-based critical-infrastructure manufacturer, in its lease of a new 196,523-sq.-ft. Class A facility in Hutto, Texas. The facility, known as Innovation 8, stretches just under three football fields in length and will serve as the company’s headquarters and primary manufacturing site, with its first system entering production…
