Newsline

Lincoln Property Co. and Goldman Sachs have sold the 1.27 million-square-foot Building C industrial building in Glendale, Ariz., to a Fortune 500 company.

The NAIOP Research Foundation today released its newest office market forecast, revealing that national demand for office space surged in the third quarter of 2025 – a sharp reversal from earlier in the year that may signal the beginning of a broader market recovery. The report, “Office Space Demand Forecast, Fourth Quarter 2025,” analyzes current market dynamics, economic conditions and trends shaping office utilization across the United States.

Multifamily and single-family rental-build-to-rent (SFR, BTR) advertised rents dropped again in November and are well off summer peaks, as 90 percent of the Matrix top 30 metros have posted negative growth during the past three months, according to Yardi.

Hudson Pacific Properties has sold Element LA, a 284,000-square-foot office campus located in West Los Angeles.

The CRE Finance Council (CREFC) and the National Council of Real Estate Investment Fiduciaries (NCREIF) have launched NCREIF/CREFC Fund Index Open-End Moderate-Yield Debt, the first institutional fund-level benchmark for private real estate debt funds.

Life sciences is moving through a major transition, as early signs of recovery, rising valuations, renewed onshoring, and growing demand for specialized space, collide with elevated vacancies, high construction costs, and tighter financing, according to Colliers’ 2026 CRE Reset report.

The California State Teachers’ Retirement System (CalSTRS) has appointed Nick Abel as sustainable investment and stewardship strategies (SISS) investment director.

Uri Monson has been hired as the next executive director of the Pennsylvania Public School Employees’ Retirement System (PSERS). Monson succeeds Terrill Sanchez, who led PSERS until her retirement in June. CIO Ben Cotton has served as interim executive director since that date.

Stos Partners, Cardinal Industrial, and Long Wharf Capital have sold Hoosier Infill Industrial Portfolio to an institutional investor.

The Americas real estate market is showing early signs of entering a new cycle in 2026, supported by stabilizing valuations, improving debt market liquidity and a sharp pullback in new development, according to the North America chapter of the Insights, Strategy and Analysis (ISA) Outlook 2026 report published LaSalle Investment Management.

Commercial real estate is staging a comeback, though not one that lifts all segments equally. REITs have rallied about 35 percent from their 2023 lows, valuations across the four major indices appear to have bottomed, and transaction volumes have risen year-over-year for six straight quarters. Distress, a lagging indicator, continues to inch higher.

Institutional Real Estate, Inc. (IREI), the 38-year-old independent publisher of news and analysis for the institutional real estate investment community, today announced the appointment of John Cech as Managing Director – IRE.IQ.

Avison Young has released its 2026 U.S. Outlook, revealing a significant uptick in optimism among the firm’s real estate professionals.

LaSalle Investment Management has promoted Brad Gries to global CEO and Tim Kessler to president, both effective Jan. 1, 2026. Current global CEO Mark Gabbay will transition his role to executive chairman following a successful tenure that included navigating the platform through the global pandemic and the current real estate cycle. 

Morgan Stanley Investment Management and MorningStar Senior Living have announced that investment funds managed by Morgan Stanley Real Estate Investing (MSREI) have acquired a MorningStar senior housing portfolio from Kayne Anderson Real Estate for $305 million.

The Teacher Retirement System (TRS) of Texas has committed $125 million to Asana Partners Fund IV, according to investment communications.

Crescent Communities and Heitman have formed a second joint venture to invest in Crescent Communities’ single-family build-to-rent platform across key strategic growth markets.

Berkadia has secured equity and construction financing for a new $144 million mixed-use residential community located at 3200 W. Moore Street in Richmond, Va.

Wint, a provider of water management solutions for the built environment, has received a strategic investment from Grosvenor.

Sculptor Capital Management has held a final close for its Sculptor Real Estate Fund V with $4.6 billion in commitments.