Press Releases

Press Releases

GRAND RE-OPENING OF THE SACRAMENTO VALLEY STATION

The City of Sacramento celebrated the grand re-opening of the Sacramento Valley Station downtown at 5th and I streets. The 68,000 square-foot building underwent a complete facelift including the addition of 25,000 square feet of mixed-use leasable spac...

California Introduces 100% Renewable Energy Legislation

With federal climate and clean energy programs facing an uncertain future, California Senate President pro Tempore Kevin de León has introduced legislation to commit the Golden State to meet 100 percent of its electricity needs with renewable energy by 2045

San Diego’s Credit Rating Upgraded, Positioning the City for Lower-Cost Infrastructure Projects

Highlighting the City of San Diego’s strong fiscal practices and healthy local economy, Fitch Ratings has upgraded the City’s credit rating – a move that could lower future borrowing costs for infrastructure projects.

GOVERNOR BROWN TAKES ACTION TO BOLSTER DAM SAFETY AND REPAIR TRANSPORTATION AND WATER INFRASTRUCTURE

With extreme weather putting increasing stress on California's roads, bridges and flood control system, Governor Edmund G. Brown Jr. today announced a series of immediate and longer-term actions to bolster dam safety, improve flood protection and fix ...

Hanley Investment Group Arranges Sale of 156,000 SF Mixed-Use Retail Center for $62 Million...

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in investment property sales, announced today that the firm arranged the sale of Arcadia Gateway Center, a 156,046-square-foot, m...

Rep. McNerney Statement on the Confirmation of Scott Pruitt as EPA Administrator

Congressman Jerry McNerney issued the following statement in response to the Senate confirmation of Scott Pruitt as Administrator of the U.S. Environmental Protection Agency. “Any doubt that Mr. Trump would keep his promises to protect the environment were put to an end when he nominated Mr. Pruitt to head the U.S. Environmental Protection Agency (EPA).

Representatives McNerney, DeSaulnier and Thompson to Host Town Hall on Protecting the Affordable Care...

Representatives Jerry McNerney (CA-09), Mark DeSaulnier (CA-11) and Mike Thompson (CA-05) will host a town hall meeting on Saturday, February 18th at 10:30 a.m. in Martinez to discuss the importance of protecting the Affordable Care Act (ACA), Medicare...

Rep. Paul Cook Introduces Bill to Ban Drone Use That Impedes Firefighting Efforts on...

Rep. Paul Cook (R- Apple Valley) introduced the Wildfire Airspace Protection Act of 2017. This bill will institute a criminal penalty on anyone who launches a drone that interferes with fighting wildfires on federal property.

Royce Highlights Benefits of Covered Agreement

U.S. Representative Ed Royce (R-Calif.), Chairman of the House Foreign Affairs Committee and a senior member of the House Financial Services Committee, highlighted the benefits of enacting a U.S.-EU covered agreement during a Housing and Insurance Subcommittee hearing entitled “Assessing the U.S.-EU Covered Agreement.”

HUD Accepts CRC’s Redlining Complaint Against CIT Group’s OneWest Bank

The California Reinvestment Coalition (CRC) was notified that its redlining complaint against CIT Group has been accepted by the Department of Housing and Urban Development on Monday this week. As a result, HUD will now begin its investigation.

Royce Questions Chair Yellen on Financial System Safety and Soundness

U.S. Representative Ed Royce (R-CA) questioned Chair of the Federal Reserve Board of Governors Janet Yellen on bolstering the safety and soundness of the U.S. financial system through the CHOICE Act and housing finance reform during a House Financial S...

Congressman John Garamendi’s Statement on FEMA approval of request for Emergency Declaration for Yuba,...

Congressman John Garamendi (D-Davis, Fairfield, Yuba City) issued the following statement after the Federal Emergency Management Agency (FEMA) approved Governor Jerry Brown’s request for an Emergency Disaster Declaration in response to the Oroville Dam spillway situation and a Major Disaster Declaration as a result of the January storms:

The Boulder Group Arranges Sale of Net Lease Family Dollar

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant Family Dollar located at 437 Captain Gloster Drive in Gloster, Mississippi for $805,000

Hanley Investment Group Completes Sale of Grocery-Anchored Shopping Center in Upland, Calif. for $17.2...

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 Upland Village, a 60,857-square-foot grocery-anchor...

Hanley Investment Group and Coldwell Banker DuFour Realty Arrange Sale of New Single-Tenant ULTA...

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, in conjunction with Coldwell Banker DuFour Realty, announced today that the two firms completed the sal...

Opes Advisors named Top Purchase Lender in San Luis Obispo County for second consecutive...

Real Estate Market Reports named Opes Advisors as San Luis Obispo County’s leading purchase lender for 2016. The company handled a total of 282 home purchases and 201 refinances last year, placing it in the top spot among local lenders for the second consecutive year

Crescent Communities Starts Construction on Apartment Community in Atlanta’s Perimeter

Crescent Communities, has secured financing for an upscale for-rent multifamily community now under way in Atlanta’s booming Perimeter neighborhood. The community, Crescent Perimeter, will consist of 320 apartments units ranging from one to three bedrooms. Situated at 5755 Glenridge Road in Sandy Springs, Georgia, the contemporary community will be four and five stories surrounding a parking deck within the 26-acre Lakeside office park just north of I-285.

Renderings Revealed for Fetch, a Restaurant and Dog Park Coming Soon to O4W

Fetch has released the first renderings of the restaurant and dog park bar concept coming to Atlanta’s Old Fourth Ward neighborhood. Fetch is the first restaurant concept by Atlanta businessman Stephen Ochs and his business partner, Garrett Reynolds. The restaurant is expected to open this Fall.

Grubb Properties Selects JLL to Market The Park at Perimeter Center East – The...

JLL today announced that Grubb Properties engaged its Agency Leasing group to market and lease The Park at Perimeter Center East. JLL Associates Liz Koteles and David Horne will oversee leasing for the three-building office park. Charlotte-based Grubb Properties acquired the 19.5-acre property in 2015, representing the firm’s first office investment in Atlanta. Grubb Properties established a local office within The Park and has three additional corporate offices across North Carolina.

The Boulder Group Arranges Sale of Single Tenant Net Leased Walgreens

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Walgreens property located at 3505 University Blvd W in Jacksonville, Florida for $5,150,000.

Crescent Communities Hires Kyle Brock as Managing Director

Crescent Communities is pleased to announce the addition of Kyle Brock as Managing Director overseeing development for the Atlanta market. Previously, Brock led multifamily development in Atlanta and Tampa for Carter. Prior to his tenure with Carter, B...

The Boulder Group Arranges Sale of a Net Lease FedEx Office Property

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased FedEx Office property located at 226 E Capitol Street in Jackson, Mississippi for $490,000.

Dave Kreske Joins Meridian as Vice President of Construction

Meridian, a full-service real estate developer specializing in acquiring and developing real estate facilities, expands its construction division with the addition of David Kreske, a well-respected construction professional with a successful track record of over 25 years in construction management. In his new role as Vice President of Construction, Kreske will lead the construction project management team as the team drives the pre-development and construction phases of Meridian’s new ground-up development and value-add redevelopment general and medical office projects in the western U.S

Hanley Investment Group Completes Sale of Single-Tenant Just Brakes Store and Sets New National...

Hanley Investment Group, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm completed the sale of a single-tenant Just Brakes store in Dallas, Texas.

CBRE’s Philip D. Voorhees and NRP-West Team Complete Silver Lake Collection Sale for $13.30...

CBRE Executive Vice President Philip D. Voorhees announced today that he and his National Retail Partners – West (NRP-West) team completed the sale of Silver Lake Collection, 10,497 square-feet of urban street-front in the Silver Lake enclave in the city of Los Angeles, Calif. Situated in “Sunset Junction,” the property is 100% leased to three contemporary restaurant and beverage tenants. The sale price was $13.30 million.

KTGY-designed Muir Pointe in Hercules Expects to Open Models in Early 2017

International award-winning firm KTGY Architecture + Planning is pleased to announce that Muir Pointe featuring 144 single-family homes within two neighborhoods, The Cove and The Tides, will be the newest residential community to open at the 106-acre Bayside master-planned community in the city of Hercules, Calif. Built by Taylor Morrison, a leading national homebuilder and developer, and designed by KTGY, Muir Pointe’s waterfront location offers easy access to freeways and public transportation and provides a convenient commute to major employment centers in the San Francisco Bay Area. Models for the new community are currently under construction and are slated to open in February 2017.

New Owners Unveil Revitalization Plan for East Hills Mall in Bakersfield, Calif.

Local developers C & C Properties, Inc. and MarkChris Investments announced their plans for the revitalization of East Hills Mall in Bakersfield, Calif. The vision is to transform the enclosed mall into an exciting, destination open-air lifestyle center offering a collection of restaurants, shopping and entertainment in 350,000 square feet. A new, state-of-the-art, movie theater complex will serve as the centerpiece of the new development.

AGUILAR ASSIGNED TO HOUSE APPROPRIATIONS SUBCOMMITTEES

Rep. Pete Aguilar was assigned to the Appropriations Subcommittee on Energy, Water Development, and Related Agencies and the Subcommittee on Transportation, Housing and Urban Development, and Related Agencies on the powerful House Appropriations Committee

Climate-controlled storage facility under construction in Durham, North Carolina

A new climate controlled self-storage facility is under construction at 3302 Petty Rd in Durham, conveniently located to both Duke University and UNC Chapel Hill along Highway 15-501. JLL will oversee the construction of the project for the developer a...

Climate-controlled storage facility under construction in Durham, North Carolina

A new climate controlled self-storage facility is under construction at 3302 Petty Rd in Durham, conveniently located to both Duke University and UNC Chapel Hill along Highway 15-501. JLL will oversee the construction of the project for the developer a...

Popular

Recent

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