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Governor Cuomo Announces Grand Opening of $14.4 Million Affordable Housing Development in Ontario County

Governor Andrew M. Cuomo today announced the grand opening of the $14.4 million Trolley Station Apartments in Canandaigua, Ontario County. The 48-unit supportive housing development, operated by DePaul Community Services, offers residential based servi...

Hanley Investment Group and Lee & Associates Sell Single-Tenant Sonic Drive-In at Record-Breaking Cap...

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, in conjunction with Lee & Associates, announced today that the two firms completed the sale of a single-tenant Sonic Drive-in located at 9505 Magnolia Avenue in Riverside, Calif. The sale price of $2,555,000 represented a cap rate of 4.70%, a record low for a single-tenant Sonic Drive-In restaurant nationwide

TIA receives $5.3M DOT grant for airfield upgrades

U.S. Rep. Kathy Castor (FL14) announced today that Tampa International Airport received a $5.3 million grant from the U.S. Department of Transportation for important airfield upgrades. The new infrastructure dollars follow two other significant transp...

Christie Administration Marks Grand Opening of Affordable Housing in Essex County Assisted with Sandy...

New Jersey Housing and Mortgage Finance Agency (HMFA) Executive Director Anthony L. Marchetta today joined local officials and representatives of the Orange Housing Development Corporation, The Alpert Group, LLC, and the City of Orange Township to cele...

St. Louis County Board approves levy increase to invest in Children and Family Services

The St. Louis County Board has approved a preliminary property tax levy of $126,550,079, an increase of 8.5 percent for 2017. The increased money is needed to fund skyrocketing out-of-home placement costs and other investments in children and family se...

The Boulder Group Arranges Sale of Triple Net Leased Dollar General

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant new construction Dollar General located at 307 Highway 5 in Logansport, LA for $1,113,685.

WPM Commercial acquires and markets prime industrial site in Northwest Georgia | Site entitled...

WPM Commercial, an Atlanta-based investor and developer, said today it is marketing for sale a 220-acre tract entitled for up to 3,500,000 square feet of distribution and manufacturing space in Adairsville, Georgia.

New Orleans hosts first regional meeting of the Governor’s Task Force on Transportation Infrastructure...

Regional leaders and stakeholders along with industry and economic development partners attended the first meeting of Governor John Bel Edwards’ Task Force on Transportation Infrastructure Investment. Hosted by GNO, Inc. and the New Orleans Regional Planning Commission, the meeting was held at the Louisiana Department of Transportation and Development’s Regional Transportation Management Center

San Luis Obispo Celebrates Grand Opening of New ROEM Affordable Apartments

On Thursday, September 8, 2016, the City of San Luis Obispo celebrated the grand opening of South Hills Crossing, a new affordable apartment community by ROEM Corporation in partnership with the Housing Authority of the San Luis Obispo (HASLO). The gr...

Miami Realtors Partners with Realopedia to Promote South Florida in the Middle East

The MIAMI Association of REALTORS® (MIAMI) and Realopedia as Global Marketing Partners will promote South Florida and the new global real estate portal at the Middle East’s largest and most influential property showcase. MIAMI CEO Teresa King Kinney and MIAMI Chairman Mark Sadek will make a Miami market presentation at the 2016 Cityscape Global event, which will be held Sept. 6-8 at the Dubai World Trade Centre. The MIAMI and Realopedia stand (S3A15) will be located at Sheikh Saeed Hall 3.

Builder Electric Rates Reduced by $38 Million as Consumers Energy Retires Classic Seven Coal...

Northbrook, IL – September 8, 2016 – (RealEstateRama) — The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant Starbucks property located at N65 W24950 Main Street in Sussex, Wisconsin for $1,075,000. The Starbucks property is located at the intersection of Highway 164 and Main Street on the

Hanley Investment Group Completes Sale of Multi-Tenant Retail Pad to New Walmart Supercenter in...

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that Executive Vice President Eric Wohl negotiated the sale of a 6,786-square-foot mult...

Miami Realtors Partner with China’s No. 1 International Property Search Portal

The MIAMI Association of REALTORS® (MIAMI) has partnered with Juwai, China’s No. 1 international property search portal, to promote MIAMI residential and commercial listings. Asia is one of the fastest-growing segments of South Florida foreign buyers.

Meridian Sells 74,000 SF Multi-Tenant Office Building in Pleasanton, Calif. for $15.5 Million

With more than 150,000 SF currently in development/redevelopment and another 500,000 SF in the pipeline, Meridian is still aggressively pursuing more value-add general and medical office opportunities throughout California

The Boulder Group Arranges Sale of a Single Tenant US Bank Office Building in...

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant US Bank office property located at 615 East Michigan Street in Milwaukee, WI for $14,000,000.

Hanley Investment Group Negotiates Sale of Brand New Single-Tenant Black Bear Diner Restaurant in...

Multiple all-cash offers within first week of marketing is evidence of continued demand for well-located single-tenant retail assets CORONA DEL MAR, CALIF. — (RealEstateRama) — 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

URGENT RURAL MISS. PROJECTS WIN SUPPORT FROM DELTA REGIONAL AUTHORITY

U.S. Senator Thad Cochran (R-Miss.), chairman of the Senate Appropriations Committee, today applauded the distribution of Delta Regional Authority (DRA) grant secured last year to support infrastructure improvements and community development projects i...

Rogers Applauds $1.46 Million POWER Grant for Downtown Revitalizations in E.Ky. Promise Zone

U.S. Rep. Harold "Hal" Rogers (KY-05) applauds a $1.46 million federal grant awarded to the University of Kentucky Research Foundation for a new Downtown Revitalization in the Promise Zone project. The project is expected to create 24 new downtown bus...

Georgia Real Estate Investor Pleads Guilty to Bid Rigging at Public Home Foreclosure Auctions

A Georgia real estate investor pleaded guilty today for his role in bid-rigging and bank fraud conspiracies in connection with public real estate foreclosure auctions in Georgia, the Justice Department announced today.

The Boulder Group Arranges Sale of Triple Net Leased Dollar General

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant new construction Dollar General located at 4180 University Parkway in Natchitoches, LA for $1,362,000.

The Boulder Group Arranges Sale of Net Lease Starbucks Ground Lease

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant new construction Starbucks ground lease located at 103 Mitchell Drive in Hendersonville, NC for $2,250,000.

CBRE’s Philip D. Voorhees and NRIG-West Team Complete Sale of Target Outpad and Retail...

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 Shops at Stonecreek Plaza, a 52,171-square-foot strip center in the city of Los Banos, Calif., leased to a synergistic mix of regional and local tenants including Petco, Famous Footwear, Dollar Tree, GNC, Metro PCS, Wingstop and a drive-thru Starbucks. The sale price was $12 million, representing a 7.1% cap rate.

Hanley Investment Group and Voit Real Estate Services Arrange Sale of Single-Tenant Petco in...

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, in conjunction with Voit Real Estate Services, announced today that the two firms completed the sale of...

KTGY-designed Artisan Alley to Capitalize on Craft Brew Craze Adjacent Stadium in Lake Elsinore,...

International award-winning KTGY Architecture + Planning announced today that it has been selected by Orange County-based Civic Partners as the designer of Artisan Alley at The Diamond, a unique retail development located in western Riverside County in...

Hanley Investment Group Negotiates Sale of Multi-Tenant Retail Center in Phoenix Metro Area

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that Executive Vice President Eric Wohl negotiated the sale of 51st & Southern, a 15,498-square-foot multi-tenant retail property in the Phoenix metro area. The purchase price was $2,325,000

The First Live-Create-Play Community – Pinewood Forrest – Rising on Atlanta’s Southside

Plans were announced today for Pinewood Forrest, an innovative mixed-use community located in Fayetteville, Georgia. Envisioned as a community themed and centered around storytellers, the creative and the-creative-at-heart, Pinewood Forrest will go beyond traditional live-work-play plans to become Atlanta’s first Live-Create-Play community. Rising adjacent to Pinewood Atlanta Studios, Pinewood Forrest is designed to inspire and celebrate creativity, and to help people live their best lives.

ROEM Corporation Provides 134 New Affordable Homes for San Jose’s Low-income Families

Oak Grove Apartments Opens in Hitachi Master-planned Community SAN JOSE, Calif. – (RealEstateRama) — ROEM Corporation announced today the opening of its Oak Grove Apartments, a $34 million development in San Jose providing 134 units of permanently affordable housing to low-income families earning at or below 60 percent of the Santa Clara County area median

INNOVATIVE LUXURY AGENCY MERCER VINE LAUNCHES IN LOS ANGELES WITH TEN MAJOR LISTINGS

With plans to grow to 50 agents this year, the emerging real estate firm is built on a foundation of collaboration and client experience. Mercer Vine, a new leader in Southern California luxury real estate, has formally launched its brand by listing 10 properties in some of Los Angeles’ most exclusive neighborhoods. The properties, many of which are undergoing extensive high-end upgrades, have an estimated post-renovation value of $260 million

Medford Center Unveils $12M Plan to Add Restaurants, Wine Bars, Breweries and Experiential Retail...

LBG Real Estate Companies, LLC (“LBG”), a Southern California-based investor in retail real estate, announced that plans have been finalized for the redevelopment of Medford Center, a 420,000-square-foot regional entertainment and lifestyle shopping center in Medford, Oregon, which serves Medford, Grants Pass and Ashland area residents as well as the Rogue Valley’s 3.2 million annual visitors. LBG plans to invest over $12 million to create more than 30,000 square feet of experiential retail and restaurant space for a variety of culinary offerings including brewery and wine-based concepts, complemented by the highly successful Cinemark Tinseltown Theater and other retailers in the already 90% occupied Medford Center

Hanley Investment Group Negotiates Sale of Multi-Tenant Retail Pad to Smart & Final Extra!...

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 completed the sale of a 9,167-square-foot multi-tenant retail pad building, which is part of a neighborhood shopping center anchored by Smart & Final Extra! in Upland, Calif. The sale price of $3.9 million, with a cap rate of 5.48%, represented a record low cap rate for a multi-tenant pad over $3.5 million in the trade area

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Mayor London Breed Celebrates Groundbreaking of New Affordable Housing in the...

Mayor London N. Breed today joined community leaders to celebrate the groundbreaking of future affordable housing at 1950 Mission Street. Once completed, the project will offer 155 affordable apartments for families