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C&W Announces $166 Million in April Transactions
Cushman & Wakefield today released its April 2015 transaction report highlighting more than 3.1 million square feet of commercial real estate transactions valued at more than $166 million. The details of these transactions can be found below.
New Workforce Housing at Studio 819, a Mixed-use Studio Apartment Community, Celebrates Grand Opening...
On Tuesday, May 19, 2015, the City of Mountain View celebrated the grand opening of Studio 819, a new affordable community by ROEM Corporation and Eden Housing in partnership with the City of Mountain View. The grand opening celebration was held at 819...
Ashford Trust Announces Acquisition Of 9-Hotel Portfolio For $224 Million
Ashford Hospitality Trust, Inc. (NYSE: AHT) (“Ashford Trust” or the “Company”) announced today that it has signed a definitive agreement to acquire a 9-hotel portfolio for total consideration of $224 million in cash ($179,000 per key).
Local Military Veteran Receives Home From Citizens Bank
As part of its ongoing commitment to give back to the community, Citizens Bank is donating a renovated, mortgage-free house in Rhode Island to a combat-wounded military veteran and his family. The donation was arranged through the Military Warriors Sup...
NAI Capital Represents Buyer and Seller in 81,975 SF Office Sale in Riverside
NAI Capital was instrumental in representing both the buyer and seller of Mission Lakes in Riverside, Calif. An undisclosed investor based out of New York, which specializes in purchasing underperforming real estate loans, had only owned Mission Lakes ...
NAI Capital Arranges $4.6 million sale at Valencia Industrial Center
NAI Capital arranged the sale of a large 44,548 square foot warehouse in Valencia, Calif., on behalf of the seller Mr. Harry E. Acker. Mr. Acker, purchased the warehouse in 1988 as the corporate headquarters for his electronics parts distributorship bu...
CBRE CLOSES $29 MILLION SALE OF ORLANDO APARTMENT COMMUNITY
CBRE Capital Markets arranged the sale of Laguna Oaks, a 360-unit gated community in Orlando, Florida. Located at 3211 S. Semoran Blvd., the lakeside property was acquired from Ram Realty Services by Avesta Communities for $29.15 million. CBRE’s She...
The Boulder Group Arranges Sale of Net Leased Starbucks Property Located in Chicago
The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant Starbucks property located at 7101 South Stony Island Avenue in Chicago, IL for $1,460,000.
Partnership for Maternal and Child Health of Northern New Jersey Expands Lease at 50...
The Partnership for Maternal and Child Health of Northern New Jersey recently hosted an open house reception to announce a federal grant award to fund programs for pregnant women and families with children. As a result of this award, the Partnership ha...
Mercy Housing Property Wins Prestigious Architecture Award
Mercy Housing and the Providence Foundation are pleased to announce that one of their properties, Bayview Hill Gardens in San Francisco, Calif., has been named the recipient of the American Institute of Architect’s (AIA) prestigious Housing Award.
B...
Hunt Mortgage Group Refinances a Manufactured Housing Community located in Tucson, Arizona
Hunt Mortgage Group, a commercial real estate lender, announced today that it has provided a $4.5 million Fannie Mae loan facility to refinance a manufactured housing community located in Tucson, Arizona.
Local Restoration Specialists That Meets Board Up Grandview Heights Need Within 24 Hours
Residents of Grandview Heights do not need to be concerned if a disaster strikes at any point of time. There is this one company named Neverman Construction Co. that has been around since 2000 and is rightfully one of the best and reputed local disaste...
MODERNIZATION UNDERWAY AT BOUTIQUE TAMPA OFFICE TOWER
A renovation and modernization project began this weekend at Tampa’s Fifth Third Center, a boutique office property located at 201 East Kennedy Boulevard in Tampa, FL. Property owners Fairlead Commercial Real Estate and Bridge Investment Group Partn...
PRIME CIGAR & WHISKEY BAR SIGNS LEASE IN BRICKELL
CBRE has arranged a lease for Prime Cigar & Whiskey Bar at 1100 Millecento, the recently completed, 42-story residential tower at 1100 South Miami Avenue in Miami. The Boca Raton-based Prime, which describes itself as a “gathering place, a desti...
Hunt Mortgage Group Provides a Bridge Loan for the Acquisition of a Multifamily Property...
Hunt Mortgage Group, a commercial real estate lender, announced today that it has provided a $13 million bridge loan to finance the acquisition and rehabilitation of a multifamily property located in Irving, Texas.
PERDUE FARMS RETAINS SVN ADVISORS FOR WORCESTER COUNTY ASSIGNMENT
John McClellan, CCIM and Ben Alder, both Senior Advisors with Sperry Van Ness - Miller Commercial Real Estate have been retained by Perdue Farms to represent them in the sale of the former Showell Poultry Complex. The property was acquired as part of P...
Kennedy Wilson Represents Seller in Sale of 18.3 Acre Land Parcel in Texas
Kennedy Wilson represented the seller in the sale of an 18.3 acre parcel of land located at the corner of Old Farm to Market 2243 West and North Bagdad Road in Leander, Texas. Ernest Brown, CCIM, managing director of Kennedy Wilson Brokerage in San Ant...
The Boulder Group Arranges Sale of Single Tenant Net Leased Walgreens in the Chicago...
The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Walgreens property located at 732 West Old Ridge Road in Hobart, Indiana for $6,093,000.
Real Estate Firm to Welcome Clients Home with New Name, Look and Logo
Locations, Hawaii's largest real estate firm, unveiled a new logo and brand image to position the independent, local company for continued growth and success. The news of the new logo, icon, tagline, and signage of Locations was introduced at its month...
The Boulder Group Arranges Sale of Net Leased Orscheln Farm & Home Property
The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant Orscheln Farm & Home property located at 23680 Highway 5 in Centerville, IA for $2,040,000.
Lee & Associates of Illinois Announces Growth of the Retail Services Group with Four...
It is an exciting time for the Chicago office of Lee & Associates as we have been able to strengthen our retail bench with the addition of four exceptional retail brokers since the beginning of 2015. These brokers bring a combined 128 years of exp...
Drawbridge Acquires 3 Buildings Leased to Northrop Grumman
Drawbridge Realty has acquired the 3-building Spectrum Corporate Center Campus in San Diego, CA for $61 million. The campus totals 182,870 sq ft on 9.88 acres and is comprised of two, 2-story office buildings (44,550 sq ft and 66,050 sq ft) joined by a...
DOWNTOWN MIAMI RETAIL BUILDING TRADES FOR $27.2 MILLION
CBRE arranged the $27.2 million sale of Vizcayne Retail - 55,000-square-foot of ground floor retail plus 126 dedicated parking spaces located at the base of two 49-story condominium towers at the intersection of Biscayne Boulevard and N.E. 2nd Street i...
Homeowners Consumer Center Now Urges Homeowners in New York or New Jersey to Call...
The Homeowners Consumer Center is urging homeowners in New York or New Jersey to call them anytime at 866-714-6466 if they received a less than adequate settlement from their homeowners insurance company for severe storm or fire damage to their home, w...
Capitol City Homes Wins Best Outdoor Space at 2015 MAME Awards
Capitol City Homes, a new home builder serving Raleigh, North Carolina and surrounding areas, is the recipient of the 2015 Major Achievements in Marketing and Excellence (MAME) award for Best Outdoor Space at an awards ceremony on April 30, 2015. The M...
Downtown Chicago Rent Prices Are Rising
Peoples Home Equity, a lender with much activity centered in the Midwest was intrigued by a May 11th article by ChicagoBusiness.com titled “How high can downtown apartment rents go?”
Yeager Properties and RealtyQwest Announce the May 8th Grand Opening of the “Post” Mixed-Use...
Yeager Properties and RealtyQwest today announced the opening of the “Post.” The Post is a 36,000 s.f. mixed-use project comprised of high energy office suites and approximately 10,000 s.f. of retail space. The project broke ground on August 5th, ...
Argus Self Storage Sales Network Broker Affiliates Sell Self-Storage Facility in Louisville, KY
Paul Grisanti, CCIM and Mike Helline, of Grisanti Group Commercial Real Estate, sold Storage Solutions, located at 11440 Blankenbaker Access Dr. in Louisville, KY. This 110,000 RSF property sold on April 29, 2015 for $10,165,000. The facility is one of...
Argus Self Storage Sales Network Broker Affiliate Sells New Hampshire Self Storage Facility
Curatolo Seabrook, LLC., a private equity group, purchased Seacoast Mini Storage in Seabrook, NH. a suburb of Portsmouth, NH. and on the border of Massachusetts, for $5.8 million. The facility was previously owned by The Marilyn T. Imke Revocable Trust...
Nicholls Auction Marketing Group Announces the Auction of 2.8 Acres of Valuable Real Estate...
“This valuable property has been owned by the Clark Family for over 75 years. Our owner is no longer residing in the area, and has entrusted us to market and sell this acreage and home at public auction,” according to John Nicholls, president of th...
