Press Releases

TRI-Com awarded nearly $1.5 million contract to build Marana splash pad

TRI-Com of Tempe, Arizona, was recently awarded a nearly $15 million contract to the Tempe-based TRI-Com Corp. to build the 4,500-square-foot splash pad at Heritage River Park, which is near the Gladden Farms neighborhood. The contract is one of the la…

146 Commercial Real Estate Pros Earn the Prestigious CCIM Designation in Chicago

CCIM’s newest 146 designees were honored by the CCIM Institute and their local chapter members during a pinning ceremony and cocktail reception on March 24 during the CCIM Institute Midyear Meetings at the Fairmont Hotel in Chicago. The new CCIMs hai…

Newly Renovated Café Opens at 40 and 50 Union Avenue Medical/Professional Office Campus in Irvington, N.J.

DeNeal’s Café & Grill at 40 and 50 Union Avenue Medical/Professional Office Campus recently marked its grand opening on the ground floor of the eight-story, 52,000-square-foot 50 Union Ave., office tower. The café, which is just steps from the …

Rose Associates Leases 1,460 S.F. to Spruce & Bond at 1441 Second Avenue in Manhattan

Rose Associates, the New York-based full-service real estate firm, has announced that it recently signed a 12-year lease with Spruce & Bond for 1,460 square feet in The Eastmore at 1441 Second Avenue.

Rose Associates Leases 834 S.F. to Quest Diagnostics at 333 West 57th Street in Manhattan

Rose Associates, the New York-based full-service real estate firm, has announced that it recently signed an 834-square-foot, five-year lease with Quest Diagnostics at The Westmore, a property located at 333 West 57th Street in Manhattan.

Lee & Associates Ontario Hires Retail Investment Specialist

The Ontario office of Lee & Associates, the largest broker-owned commercial real estate firm in the nation, has announced that Jonathan Selznick, a retail investment specialist who focuses on the acquisition and disposition of shopping centers in …

COMMERCIAL INDUSTRIAL ASSOCIATION OF SOUTH FLORIDA HONORS CBRE SOUTH FLORIDA WITH THREE INDUSTRY AWARDS

The Commercial Industrial Association of South Florida (CIASF) honored CBRE with three awards at its first-ever awards program, held at Douglas Entrance in Coral Gables on March 19, 2015. The non-profit trade group honored several of South Florida’s …

Atlanta Communities Adds Respected Industry Expert Howell Haunson to Its Management Team

Atlanta Communities, a local real estate firm started in 2009 that has quickly grown to more than 600 agents, has recently added industry expert Howell Haunson to its executive team.

Feldman Equities LLC/Tower Realty Partners Reacquire Equity Position in Wells Fargo Center, Downtown Tampa

Feldman Equities LLC and Tower Realty Partners announced today that they have reacquired an equity position in Wells Fargo Center a 22-story, 390,000 square foot office tower located in downtown Tampa. The groups’ ownership interest is a joint ventur…

Bluerock Residential Growth REIT (BRG) Announces Acquisition of Class AA Park & Kingston Apartments in Charlotte, NC

Park & Kingston is among Charlotte’s premier, luxury multifamily communities, and is situated in a coveted location at the true center of the vibrant South End, with immediate access to both the Bland Station and East/West Boulevard Light Rail Pl…

NAI Capital Represents Buyer and Seller in Sale of 153,984 SF Distribution Building in Chatsworth, CA

The Industrial Brokerage Team of David Young, SIOR and Chad Gahr, SIOR both Senior Vice Presidents with NAI Capital’s Encino office represented the Seller “9401 De Soto LLC”, and the Buyer “Rexford Industrial Realty, L.P.” in the sale of an 1…

Kennedy Wilson Announces Pricing of Common Stock Offering

International real estate investment and services firm, Kennedy-Wilson Holdings, Inc. (NYSE: KW) (“Kennedy Wilson” or the “Company”) today announced the pricing of its underwritten public offering of 7,500,000 shares of its common stock at a pu…

Off road Truck Design Firm Leases 62,710 SF in Two Mesa Warehouses

A Mesa-based off road truck and SUV design and parts manufacturing company has signed for a 3-plus year lease at 308 S. Extension Rd. in Mesa. The property is comprised of a 44,004 SF and a 22,706 SF building

SL Green Realty Corp. Announces $0.60 Dividend on Its Common Stock for First Quarter 2015

SL Green Realty Corp.(NYSE:SLG) today reported that its board of directors has declared the quarterly dividend of$0.60per share of common stock.

EQUITY OFFICE AND 5G STUDIO REVEAL NEW LOOK FOR SOLANA BUSINESS PARK

Solana Business Park and architecture firm 5G Studio Collaborative today released final architectural design renderings of the property’s $50 million campus renovation. 5G Studio revealed designs that build on the inimitability of the original archit…

LARRY GENET NAMED “ROOKIE OF THE YEAR” AT NAIOP SOUTH FLORIDA AWARDS OF EXCELLENCE

CBRE Senior Associate Larry Genet was named “Rookie of the Year” at the 2015 NAIOP South Florida Awards of Excellence ceremony, held in Fort Lauderdale on March 12, 2015. NAIOP South Florida is the premier commercial real estate development organiz…

NAI Capital Represents Buyer in Purchase of the 43,589 SF Atrium Medical Center in Valencia for $16.3 Million

NAI Capital’s Ryan Ramage and David Stassel, both with the Ontario office, represented the buyer, Alle Investments LLC, in the purchase of the Atrium Medical Center, a 43,589 SF medical office located at 23838 Valencia Blvd. in Valencia, CA from the …

CBRE ARRANGES $19M LOAN FOR ACQUISITION OF VENICE APARTMENT COMMUNITY

CBRE Capital Markets’ Debt & Structured Finance team originated $19 million in financing for the acquisition of Monterrey Apartments, a 243-unit garden-style apartment community situated on more than 23 acres at 1001 Center Road in Venice, Florida

Randy Blankstein, President of the Boulder Group, to Co-Chair IREI Triple Net Investor Strategies Conference

Randy Blankstein, President of national net lease advisory firm The Boulder Group, will be the conference co-chair of Institutional Real Estate, Inc.’s Triple Net Investor Strategies Conference in New York on June 16th, 2015. Additionally, he will be…

Kennedy Funding Financial Closes $3.5 Million Loan for Medical Campus

Lifestyle Healthcare Group is approved for a 385,000-square-foot complex in Pennsylvania