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Collins, King Announce More Than $3.6 Million in Grants for Community Development
U.S. Senators Susan Collins and Angus King today announced that five Maine organizations have been awarded a total of $3,649,544 through the Community Development Financial Institutions (CDFI) Program and the Native American CDFI Assistance (NACA) Prog...
Hanley Investment Group Lists Rare Five-Acre Fee-Simple Ground Lease on South Lake Avenue in...
Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm is marketing for sale a rare fee-simple ground-lease opportunity on South Lake Avenue in Pasadena, Calif. The offering, which is currently unpriced, is for the fee-simple land underlying The Shops on Lake Avenue retail and parking and is shadow-anchored by Macy’s.
Panattoni Preps Pad for 1.5 MSF Spec Building at Lambert Farms
Panattoni Development Company today said it started grading a site for a speculative distribution center of up to 1.5 million square feet at its Lambert Farms development in Henry County, south of Atlanta
Third & Urban Revitalizes, Rebrands Armour Industrial District; JLL Client Creates New Creative Office...
Third & Urban Real Estate, which is spearheading the overall repositioning and rebranding of the former industrial district Armour Yards, has successfully delivered the first two buildings with the third expected to be completed in January 2017. JLL is working with Third & Urban to ensure the area continues to emerge as a new hub of activity
Influential Atlanta Business Groups Join Forces in Support of TSPLOST
Metro Atlanta’s most-influential real estate and development associations today launched the Unlock ATL campaign in an unprecedented effort to raise awareness of and gain support for the critical transportation referenda on the Nov. 8 ballot.
ROEM Brings 116 New, Affordable, Multifamily Apartments to Mountain View
ROEM Development Corporation celebrated the groundbreaking of Evelyn Family Apartments on Wednesday, October 19. Located at the southwest intersection of East Evelyn Avenue and South Bernardo Avenue in the City of Mountain View, Evelyn Family Apartment...
The Georgian Lakeside Assisted Living/Memory Care in Roswell, Georgia Designed by KTGY Highlights Luxury...
International award-winning KTGY Architecture + Planning announced today that The Georgian Lakeside in Roswell, Georgia, a 95-unit assisted living and memory care community, recently opened. KTGY is the designer of this innovative community, offering l...
Hanley Investment Group Lists For Sale Brand New Two-Tenant NNN Retail Property in Oxnard...
Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm is marketing for sale a newly-constructed two-tenant retail building occu...
New ROEM $27 Million Transit-Oriented, Sustainable Apartments Celebrate Grand Opening in Baldwin Park
On Thursday, October 13, 2016, the City of Baldwin Park and ROEM Corporation celebrated the grand opening of Metro Village. Located at the northeast corner of Ramona Boulevard and Maine Avenue, Metro Village is a new construction, mixed-use, affordable...
Capital Pacific Sells Starbucks in Greensboro, NC
Capital Pacific, a leading retail investment brokerage firm, recently brokered the sale of a 1,776 square foot Starbucks drive-thru in Greensboro, NC. This was the second time that Joe Caccamo of Capital Pacific has sold the asset. He first sold it in ...
Pinewood Forrest Announces Several Key Partnerships; Hay Creek Hotels Signs On to Open First...
Pinewood Forrest, an innovative mixed-use community located in Fayetteville, Georgia, today announced several milestones as part of its newly established Pinewood Progress update series. One highlight centers on Hay Creek Hotel’s decision to open its first metro Atlanta boutique hotel at the development
Capital Pacific Sells Burger King in Spring Hill, FL
Capital Pacific, a leading retail investment brokerage firm, recently represented the seller of a 3,510 SF Burger King located on the southeast corner of Spring Hill Drive and Anderson Snow Road, in Spring Hill, FL. The property was sold all-cash for $...
The Boulder Group Arranges Sale of Single Tenant Net Lease Perkins Restaurant
The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Perkins Restaurant & Bakery located at 3005 Highway 10 East in Moorhead, Minnesota for $2,100,000
Kettler’s New High-Rise Revives Old Post Office Site and Provides Spark For Crystal City
Kettler, one of greater Washington, D.C.’s leading real estate development and property management companies, announced today the opening of m.flats Crystal City, an 11-story, 198-unit, high-rise apartment building located in the Crystal City neighborhood of Arlington, Va
Hanley Investment Group Negotiates Sale of Multi-Tenant Retail Pad, Shadow-Anchored by New Walmart Supercenter...
Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm represented the buyer and seller in the off-market sale of a 13,940-squa...
Pinewood Forrest Hires Top Entertainment Executive as President
Pinewood Forrest, an innovative mixed-use community located in Fayetteville, Georgia, today announced international expert Rob Parker as its new President. In his newly created role as president of Pinewood Forrest, Parker will oversee strategy, planni...
Governor Wolf Announces $3 Million in State Funding for Continued Development of Schuylkill River...
Governor Tom Wolf today joined Senator Anthony Williams, Representative Jordan Harris, Department of Conservation and Natural Resources (DCNR) Secretary Cindy Dunn, and others to announce a $3 million state grant to aid in the development of a 2.25 mil...
Hanley Investment Group Completes Sale of Rare Single-Tenant Enterprise Rent-A-Car in Redlands at 5.5%...
Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that Senior Vice President Jeremy McChesney completed the sale of a rare single-tenant ...
Hanley Investment Group Completes Sale of Rare Single-Tenant Enterprise Rent-A-Car in Redlands at 5.5%...
Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that Senior Vice President Jeremy McChesney completed the sale of a rare single-tenant...
Mayor Bowser to Celebrate Historic Investments in Affordable Housing
On Friday, Mayor Bowser will join District leaders to celebrate a promise fulfilled: the unprecedented expenditure of $100 million from the Housing Production Trust Fund. The $100 million investment is supporting 19 projects that will create or preserve more than 1,200 affordable housing units. Since coming into office, Mayor Bowser has committed $100 million annually to the fund – more than any city per capita in the country.
The Boulder Group Arranges Sale of Triple Net Lease Goodwill Property
The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant Goodwill property located at 2001 Progressive Parkway in Platteville, Wisconsin for $1,650,000
Gov. Malloy Announces $55 Million in Funding to Advance Development of Affordable Housing Across...
Governor Dannel P. Malloy, Connecticut Department of Housing (DOH) Commissioner Evonne M. Klein, and Connecticut Housing Finance Authority (CHFA) Executive Director Karl F. Kilduff today announced that the State of Connecticut is awarding over $55 mill...
The Boulder Group Arranges Sale of Net Lease Starbucks Property
The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant Starbucks property located at 13945 Highway 13 Frontage Road in Savage, Minnesota for $1,475,000.
Maloney Announces Major Federal Investments in Hudson Valley Youth Homeless Shelters Totaling $400,000
Representative Sean Patrick Maloney announced a total of $400,000 in investments for two Hudson Valley nonprofits to help runaway and homeless youth. Funded through the Department of Health and Human Services (HHS), Hudson River Housing will receive $2...
The Boulder Group Arranges Sale of Single Tenant Net Leased Rite Aid Property
The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Rite Aid property located at 8230 Cazenovia Road in Manlius, New York for $3,800,000. The 12,795 square foot Rite Aid property is strategica...
Lee & Associates Completes Sale of Multi-Tenant Retail Shopping Center in Orange County for...
Lee & Associates, a national commercial real estate brokerage firm, announced today that the company represented the buyer and seller in the sale of Grovemont Square, a 29,030-square-foot multi-tenant retail shopping center at 2428 North Grand Avenue in Santa Ana, Calif. The sale price was $4,730,000, representing a cap rate of 4.26 percent
Rep. Norcross Announces South Jersey Education & Career Training Program Receives $1.1 Million Federal...
Rep. Donald Norcross (NJ-01) today announced a $1.1 million U.S. Department of Labor grant for the Housing Authority of the City of Camden for its YouthBuild program. “I visited YouthBuild Camden last year with U.S. Labor Secretary Tom Perez. We saw first-hand the program putting students on the right track.
CBRE’s Philip D. Voorhees and NRIG-West Team Complete Sale of Taco Bell and Shops...
CBRE Executive Vice President Philip D. Voorhees announced today that he, Jimmy Slusher and their National Retail Investment Group – West (NRIG-West) team completed the sale of the Taco Bell and Shops, a 18,175-square-foot, strip center in the city of San Diego, Calif., leased to a synergistic mix of food and service tenants, including Taco Bell, El Pollo Loco, Pick Up Stix, AT&T and T-Mobile. The sale price was $14 million, representing a 5.0% cap rate.
The Boulder Group Arranges Sale of Trophy CVS Pharmacy Ground Lease in Downtown Dallas...
The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant new construction CVS Pharmacy ground lease located at 2501 N. Field Street in Dallas, Texas for $14,890,000. The property sold at a 4.60% cap rate whic...
The Boulder Group Arranges Sale of Single Tenant Net Lease Movie Theater Portfolio
The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased movie theatre portfolio consisting of three properties located in North Carolina for $15,973,000.