Commercial Building & Real Estate News

LONDON--(BUSINESS WIRE)--Pentair (NYSE: PNR), a leader in helping the world sustainably move, improve, and enjoy water, life’s most essential resource, today announced that David A. Jones, Chair of the Board, will retire from the Company’s Board of Directors at the end of his current term as a director at Pentair’s annual general meeting of shareholders on May 5, 2026. Jones has served on Pentair’s Board of Directors since 2003 and has been Chairman since 2018. T. Michael Glenn, retired Executi...

HOUSTON--(BUSINESS WIRE)--Efficient Markets and Ranchman Properties, led by Keller Williams Land Directors Ben Clark and Jason Trosper, are excited to announce they have formed a strategic partnership that combines Efficient Markets’ national real asset auction platform with Ranchman’s specialized farm, ranch, and rural land brokerage under the Keller Williams Land brand. “By aligning Efficient Markets’ technology-driven marketplace with Ranchman Properties’ Keller Williams Land leadership, we’...

PARIS & OBOURG, Belgium--(BUSINESS WIRE)--TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) and Holcim, a leading player in sustainable construction, inaugurated today in Belgium a floating solar power plant with a capacity of 31 MW, located in Obourg on a former chalk quarry site that has been rehabilitated into a lake. The solar power plant produces 30 GWh per year of renewable electricity, which is self-consumed by Holcim’s industrial facilities, making it the largest floating solar power plant...

NEW YORK--(BUSINESS WIRE)--Kato International LLC today announced a comprehensive owner-led redevelopment initiative at Tower 49, introducing two new amenity floors and a building-wide tenant experience program designed to serve the entire Tower 49 community, including flexible office and traditional direct lease tenants. The initiative is led by an expanded partnership with Industrious, the world’s best flexible workplace experience company, to run full-building experience operations. The best...

GRAND PRAIRIE, Texas--(BUSINESS WIRE)--Davidson Bogel Real Estate brokers Philip Cherrick and David Guinn broker infill industrial outdoor storage (IOS) property located at 1210 E Avenue J in Grand Prairie. The property was acquired by B&D Holdings, led by Mike Burney. The property is located within a core Grand Prairie industrial corridor with strong access to Highway 360 and Interstate 30. This submarket continues to see strong demand from contractors, logistics groups, and industrial ser...

TORONTO--(BUSINESS WIRE)--DREAM OFFICE REIT (TSX: D.UN) (“Dream Office REIT” or the “Trust”) today announced its March 2026 monthly distribution of 8.333 cents ($1.00 annualized) per REIT Unit, Series A (“REIT A Units”). The March distribution will be payable on April 15, 2026 to unitholders of record as at March 31, 2026. Dream Office REIT is an unincorporated, open-ended real estate investment trust. Dream Office REIT is a premier office landlord in downtown Toronto with over 4.0 million squa...

KANSAS CITY, Mo.--(BUSINESS WIRE)--On behalf of Price Holdings LLC, a Price Brothers affiliate, Northmarq has secured a $512 million Freddie Mac credit facility to refinance and recapitalize a 13‑property multifamily portfolio spanning the Kansas City and Dallas metro areas. The four‑tranche structure provides long‑term financing certainty while maximizing proceeds across a diverse collection of stabilized, institutionally managed assets. The financing was structured and arranged by Northmarq’s...

TORONTO--(BUSINESS WIRE)--DREAM INDUSTRIAL REIT (TSX: DIR.UN) (the “Trust”) announced today its March 2026 monthly distribution in the amount of 5.833 cents per Unit (70 cents annualized). The March distribution will be payable on April 15, 2026 to unitholders of record as at March 31, 2026. Dream Industrial REIT is an owner, manager, and operator of a global portfolio of well-located, diversified industrial properties. As at December 31, 2025, Dream Industrial REIT has an interest in and manag...

DALLAS--(BUSINESS WIRE)--CBRE Group, Inc. (NYSE: CBRE) will release its first quarter 2026 financial results at approximately 6:55 a.m. Eastern time on Thursday, April 23, 2026. Management will hold a conference call to discuss these results at 8:30 a.m. Eastern time on that same day (Thursday, April 23, 2026). The event will be webcast live and accessible through the Investor Relations section of the company’s website at www.cbre.com, along with a supplemental slide presentation, which is also...

GREEN BAY, Wis.--(BUSINESS WIRE)--KI, a leading manufacturer of contract furniture for education, healthcare, government, and corporate environments, has expanded its portfolio into outdoor furniture with the introduction of the Outspan Outdoor Collection. Designed by Brian Buchik of Room B, the collection includes seating and tables engineered for exterior performance using powdercoated steel and high-density polyethylene surfaces, creating a durable system for dining, collaboration, and gathe...