June 15, 2026 - 03:32

Pittsburgh-based NAI Burns Scalo has expanded its footprint into Southwest Florida with the acquisition of a local commercial real estate development firm. The deal, which closed recently, brings a team of experienced professionals into the NAI network and strengthens the company's presence in the fast-growing Gulf Coast market.
As part of the transaction, personnel from Cushman & Wakefield who were working with the acquired firm will be folded into NAI Burns Scalo's operations once the acquisition is finalized. The move is expected to create a larger, more versatile team capable of handling a wider range of commercial real estate services, including leasing, property management, and development.
NAI Burns Scalo has been actively expanding its reach beyond Western Pennsylvania in recent years. The company sees Southwest Florida as a key market due to its population growth, strong business climate, and demand for industrial and retail space. The acquisition allows the firm to immediately tap into existing local relationships and ongoing projects without starting from scratch.
Financial terms of the deal were not disclosed. The combined team will operate under the NAI Burns Scalo brand, with local leadership remaining in place to oversee day-to-day operations. The company plans to continue pursuing similar acquisitions in other high-growth markets across the country.
July 30, 2026 - 04:01
Nvidia leases San Jose industrial building for possible AI and advanced tech workNvidia has secured a lease for an industrial and advanced technology facility in South San Jose, signaling further expansion of its physical footprint in Silicon Valley. The building, located in a...
July 29, 2026 - 07:25
The New Gold Rush in College Sports: $20 Million Jersey PatchesThe most valuable piece of real estate in college athletics is no longer the 50-yard line or the luxury suites. It is a small patch of fabric on a player`s jersey. New NCAA rules now allow schools...
July 28, 2026 - 21:47
Beyond the Algorithm: The long game of luxuryIn 2004, Soffia Wardy arrived in Aspen to help her father, Amen Wardy, launch a website for the family business. Two decades later, she has not left. Now a global luxury real estate advisor, Wardy...
July 28, 2026 - 02:41
Real Estate Transactions, July 27 editionThe following is a list of all real estate transactions recorded in Hopkinton over the past week, as filed with the state. A condominium at 3 Spruce Street, Unit 81, sold for $978,000 on July 17....