Industry insights, market outlook reports and commercial real estate
news, and trends from the Coldwell
Banker Commercial brand.
Coldwell Banker Commercial Lyle & Associates has brokered the $14.05M sale of the Liebling Building, a landmark 24,014-square-foot multi-tenant retail property located at 100 N. Palm Canyon Drive in Palm Springs, California. Situated at the iconic "Main & Main" intersection of N. Palm Canyon Dr. and Tahquitz Canyon Way, the premier commercial property attracted strong investor demand due to its prime downtown location and high foot traffic. Brokers Steve Lyle and Rob Wenthold represented both buyer and seller in the transaction, highlighting continued investor interest in high-demand Palm Springs retail corridors.
Coldwell Banker Commercial Elite brokered the $29M+ sale and assemblage of 37 acres in Fredericksburg, Virginia, paving the way for a major mixed-use development by Greystar, Lennar, and Regency Centers. Connecting Cowan Boulevard and Fall Hill Avenue, the transformative project will introduce new residential housing, multifamily units, and prime commercial space anchored by a highly anticipated Trader Joe’s.
Coldwell Banker Commercial Realty broker Jim Pompa facilitated the $19.95 million off-market sale of 166 Van Wagenen Ave. in Jersey City’s Marion section from Park Stone Management to GND JSQ Holdings. The newly acquired property has secured municipal approvals for a mixed-income redevelopment project featuring 321 residential units, affordable housing, structured parking, resident amenities, and publicly accessible open space.
Coldwell Banker Howard Perry & Walston has launched Coldwell Banker Commercial HPW Select, a full-service commercial brokerage anchored by a flagship Raleigh headquarters at 1001 Wade Avenue. Backed by over 50 years of North Carolina market leadership, the new division provides institutional-quality advisory, land analysis, and brokerage services for investors, private equity groups, and developers across North Carolina.
Coldwell Banker Commercial Realty brokers Kathi Constanzo and Bill Ukropina closed the $6.25 million sale of a fully entitled 1.08-acre development site in Altadena, California. The future 54-unit affordable housing community is expected to prioritize families displaced by the Eaton Fire.
Coldwell Banker Professional Group has launched Coldwell Banker Commercial Professional Group (CBCPG), expanding its commercial real estate services across Oregon. The new division combines local market expertise with the global reach of the Coldwell Banker Commercial network to support investors, developers, and business owners with strategic guidance, leasing, sales, and development opportunities statewide.
Coldwell Banker Commercial Affiliates announces the launch of Coldwell Banker Commercial Morgan Properties in Bloomingdale, Georgia, led by top-producing broker Kim Iler Morgan, who brings 20 years of experience and deep regional leadership to the Savannah market. This announcement highlights continued commercial growth in coastal Georgia, the strength of the Coldwell Banker Commercial network, and how Morgan’s new affiliate office is positioned to serve investors, developers, and business owners amid sustained economic expansion.
The Coldwell Banker Commercial brand announces the $21.22 million sale of a 74‑unit multifamily property in Hialeah, Florida, brokered by Alex Lizama of Coldwell Banker Commercial Realty, marking one of the highest price‑per‑unit transactions ever recorded for a 1970s asset in the submarket. Highlighting strong investor demand, competitive pricing, and the continued appeal of well‑located South Florida multifamily properties, the release underscores Lizama’s expertise in navigating high‑value investment sales throughout the region.
Coldwell Banker Commercial broker Dan McGue has been ranked No. 1 nationally for 2025, earning induction into the prestigious 1906 Club and reaffirming his position as the top multifamily specialist across the Coldwell Banker Commercial network. Highlighting McGue’s decades‑long track record, market leadership, and insights into the accelerating demand for San Francisco multifamily assets, the release showcases his continued dominance in one of the nation’s most competitive commercial real estate markets.
This press release announces Coldwell Banker Commercial Danforth’s representation of Tacoma Public Schools in the $12 million acquisition of an 86,000‑square‑foot industrial property that will support major operational and modernization initiatives. Highlighting plans for a new centralized kitchen and consolidated facilities operations, the release underscores how this strategic investment will enhance efficiency, improve student services, and advance TPS’s long‑term community impact.