The 'shovel-ready" lots range from 12 acres for industrial users.

Sterling Organization acquired the two adjacent properties.

The REIT sold a partial interest in the 345,995-square foot property to a U.S. affiliate of Mori Trust.

Its portfolio is 80% concentrated in logistics, rental housing, hospitality, lab office and data centers.

The fund exceeded its target size of $1.5 billion.

The new company will focus on investment brokerage and capital placement.

Thurman will be responsible for overseeing CBRE's underwriting and loan production teams nationwide

There is substantial office space available for new tenants.