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Tag: commercial real estate

Kennedy Wilson Represents Landlord in One of This Year’s Largest Restaurant Leases in DTLA...

Wilson, a global real estate investment and services firm, announced today that it has represented the landlord in one of the largest restaurant leases in Downtown Los Angeles this year, bringing the ground-floor retail space at mixed-use development 1000 Grand by Windsor to 100 percent occupancy. Kennedy Wilson’s Lee Shapiro, executive vice president of brokerage, and Justin Weiss, vice president of brokerage, were the exclusive leasing agents for the retail portion. The duo secured a 10-year, 5,210-square-foot lease with Genwa, a high-end Korean barbeque restaurant with two other locations in Los Angeles

Calmwater Capital Originates $7.6 Million Loan for WSU Student Housing

Calmwater Capital, a leading national direct real estate lender, has provided $7.6 million in senior debt to Nelson Brothers Professional Real Estate, LLC to acquire and upgrade a student housing complex near Washington State University. The 184-bed pr...

Adventure Air Sports Bounces into Kennesaw’s Town Center Plaza

Adventure Air Sports, a state-of-the-art family entertainment center, has signed an eight-year lease at Town Center Plaza in Kennesaw, GA. It is the company’s first location in Georgia. More...

CALMWATER CAPITAL PROVIDES ACQUISITION AND REDEVELOPMENT LOAN FOR PNC PLAZA BUILDING IN DOWNTOWN COLUMBUS

Calmwater Capital, a Los Angeles-based provider of commercial real estate debt, has originated a senior secured term loan to Edwards Companies for its acquisition and redevelopment of a 362,720-square-foot office building in Downtown Columbus, Ohio. Th...

Crescent Communities Taps Scott Widener to Lead Single Family Business

Crescent Communities today announced Scott Widener has been promoted to the role of President, Single Family. Widener previously served as Executive Vice President, Fielding Homes, the company’s homebuilding arm established in 2016.

Crescent Communities Taps Scott Widener to Lead Single Family Business

Crescent Communities today announced Scott Widener has been promoted to the role of President, Single Family. Widener previously served as Executive Vice President, Fielding Homes, the company’s homebuilding arm established in 2016.

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.

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...

Betsy Peck Named to Executive Leadership Honor Roll of OnBoard

JLL’s Americas Markets Chief Operating Officer Betsy Peck was recently named to the Executive Leadership Honor Roll of OnBoard. Based in Atlanta, OnBoard is a non-profit organization with a goal to demonstrate the impact women can make in the boardroom and in executive leadership. OnBoard is a catalyst to increase the number of women in the boardroom for companies in Georgia.

Orlando’s First Earth Fare to Anchor Luxury Mixed-Use Project

Crescent Communities, a leading developer in Orlando for more than 20 years, announced today the purchase of a 4.6-acre site slated for a walkable mixed-use development in Downtown Orlando. The site was formerly owned by Orlando Health.

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

Flatiron Partnership Unveils Sixth Annual Flatiron: Where Then Meets Now Report Detailing Real Estate...

The Flatiron/23rd Street Partnership Business Improvement District (BID) today released its sixth annual Flatiron: Where Then Meets Now report showcasing the significant development and growth of the commercial and residential sectors in the district.

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 ...

Capital Pacific Sells Corporate Three Tenant Shopping Center in Maplewood, MN

Capital Pacific, a leading retail investment brokerage firm, recently represented the seller of Venner Plaza, a 11,032 SF three tenant freestanding building located at 1987 County Road D, Maplewood, MN. The property was sold for $6,175,000 to a Califor...

Capital Pacific Sells Mattress Firm in Roseville, MN

Capital Pacific, a leading retail investment brokerage firm, recently represented the seller of a 3,650 SF Mattress Firm located at 2174 Snelling Avenue N. in Roseville, MN. The property was developed by a Northern California based development firm and...

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.

Capital Pacific Sells Aspen Dental in Olean, New York

Capital Pacific, a leading retail investment brokerage firm, recently represented the seller of a 3,500 SF Aspen Dental located at 3018 NY Route 417 in Olean, NY. The property was sold for $1,647,058 to a California investor.

Ryan Mandrell joins JLL Atlanta Office Tenant Rep team as Vice President

JLL Atlanta announces that Ryan Mandrell has joined the Tenant Rep team at JLL Atlanta as Vice President. A native of Atlanta, Ryan most recently spent four years in New York City with Newmark Grubb Knight Frank, where he was responsible for business & client development, tenant representation, acquisition/disposition, lease portfolio management and strategic advisory and implementation. While there, he completed over 500,000 square feet of transactions and was selected to the 2015 NGKF National Rising Star Retreat.

LA-Based Power Broker Duo Joins Kennedy Wilson Brokerage

Jordan Rubinstein and David Pressberg, two influential commercial real estate professionals in Los Angeles, have joined the brokerage team at Kennedy Wilson, a global real estate investment company. Previously with Century Park Realty, the move expands Kennedy Wilson’s foothold on the tenant representation side, and lengthens the firm’s list of nationally recognized clientele and expanding brands. The team will relocate to Kennedy Wilson headquarters in Beverly Hills.

Kennedy Wilson Represents Seller in Approximately $37 Million Sale of Historic San Fernando Building...

Global real estate investment company Kennedy Wilson has represented the seller in the approximately $37 million sale of the San Fernando Building in the Old Bank District section of the Historic Core in Downtown Los Angeles. Originally built in 1907 as one of the city’s most coveted office buildings, the approximately 89,500-square-foot building was remodeled in 2000 to accommodate 70 large, loft-style multifamily units in addition to approximately 11,500 square feet of ground floor retail and restaurant space. The seller was Los Angeles-based Gilmore Associates and the buyer is MWest Holdings.

BKM Partners Secure 29 Leases in Las Vegas

BKM Capital Partners, an institutional fund manager with a niche focus on value-add, multi-tenant industrial investments, has announced the completion of 29 leases in three of its Las Vegas industrial assets.

Rosano Partners: Lenders Loosen The Reins On Urban Multifamily Product

In a market that is flooded with capital for large acquisitions, Rosano Partners, a firm that specializes in urban commercial real estate, is proving that multifamily lending has also re-emerged in niche, urban markets.

California Water Mandate & Compliance

This year the State of California has mandated that properties cut water usage by at least 20-percent – a large undertaking for some companies and brands that might have to make major overhauls to landscaping and water usage in prospective properties...

Smart & Final Extra! Leases 42,000 SF at Lemon Grove Plaza in Oxnard

Smart & Final Extra!, a new concept store by Smart & Final that expands the space and services of the company’s brand, has signed a long-term, $13.9 million lease for 42,200 square feet in the Lemon Grove Plaza, located at 2021 N. Oxnard Blvd...

UNIRE GROUP LEADS CONSTRUCTION PROJECT, INDICATIVE OF CRE INDUSTRY TREND

Unire Real Estate Group is proud to announce its management of the rehabilitation of a 228,000-square-foot industrial building in Torrance, Calif. on the highly visible intersection of South Vermont Avenue and Knox Street, near the 110 and 405-freeways...

Liberty SBF Closes On $1.1MM SBA 504 Loan For a Hotel Acquisition in Palm...

Liberty SBF, a full-service commercial real estate finance company, recently provided a $1.1MM first lien SBA 504 Loan from its own balance sheet for the acquisition of a 24-room, 33,330 square-foot, non-flagged hotel in Palm Springs, CA. Liberty SBF a...

Lee & Associates Negotiates the Sale and Lease Back of Industrial Building in San...

Lee & Associates-North San Diego County negotiated a $5.450 million sale and lease back of a 50,220-square-foot industrial building located at 495 Enterprise Street in San Marcos

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 ...

UNIRE REAL ESTATE GROUP, INC. CELEBRATES 15 YEAR ANNIVERSARY

ORANGE COUNTY, Calif. - March 4, 2015 - (RealEstateRama) -- Unire Real Estate Group is proud to announce it celebrates 15 years in business this year, marking what founder and president Mark Harryman thinks will be its most successful year yet. With a...

Charles Dunn Company Completes $2 Million Sale of Multifamily Property in Santa Monica, CA

LOS ANGELES, Calif. - July 2, 2014 - (RealEstateRama) -- Charles Dunn Company, one of the largest full-service regional real estate firms in the western United States, has completed the $2 million sale of a fully occupied eight-unit multifamily propert...

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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