Tag: Commercial
SR COMMERCIAL ACQUIRES THREE ASSETS IN SAN DIEGO
SR Commercial has acquired three industrial assets totaling 174,496 square feet in the San Diego market, including a multi-tenant industrial business park in Vista; an industrial flex/R&D property in Carlsbad; and two free-standing industrial buil...
CBRE CAPITAL MARKETS ARRANGES $111 MILLION LOAN FOR APARTMENT PORTFOLIO IN HOUSTON, TX
CBRE Capital Markets’ Debt & Structured Finance team has arranged $111 million in refinancing for a 1,254-unit, three-property multifamily portfolio in Houston, Texas.
Hunt Mortgage Group Hires Michael A. Abbasfard as Vice President in the Small Loan...
Hunt Mortgage Group, a commercial real estate lender, announced today that Michael A. Abbasfard has joined the firm as Vice President in the Small Loan Group. In this role, he will source and originate Freddie Mac and Fannie Mae small loans for clients...
Agorafy Launches Official Mobile App for NYC Real Estate
Agorafy, New York City’s new digital home for the real estate industry, has released its official Agorafy New York Real Estate App. The Agorafy New York Real Estate App is now available for free download on iOS and Android devices at the App Store an...
$5 million in capital improvements complete at Sunforest Business Park, modernization meets demand...
Avison Young unveiled the newly renovated Sunforest I, a 107,000 square-foot, three-story suburban office building located at 5130 Eisenhower Boulevard in Tampa’s Sunforest Business Park, which recently underwent a $5 million capital improvement init...
CBRE TO MARKET ICONIC MIAMI HOTEL PROPERTY
CBRE Hotels has been engaged to exclusively represent the owner of the iconic Conrad Miami. The hotel is ideally situated on the most prestigious street in the heart of Mimi’s business and financial district. The 203-room luxury hotel at 1395 Bricke...
CBRE/NE ASSISTS 36CREATIVE IN THE LEASE OF 4,620 SF IN SALEM, NH
CBRE/New England announced 36creative leased 4,620 square feet at 23 South Broadway in Salem, New Hampshire, from MetScott21, LLC. 36creative is a boutique brand development and creative agency offering brand development, creative production, interacti...
CBRE APPOINTED TO SELL 20,523-ACRE FLORIDA AGRICULTURAL PORTFOLIO FOR METLIFE
CBRE has been selected by MetLife, Inc. as the exclusive listing agent for a 20,523-acre portfolio of Florida agricultural land located in St. Lucie, Indian River and Okeechobee Counties. The portfolio consists of a mix of pasture, transitioning grove,...
THE RUSTIC AND ARHAUS AMONG MANY HIGH-END TENANTS ANNNOUNCED FOR WADE PARK IN FRISCO
The Rustic, Thirteen Pies, Steel City Pops and other highly popular dining and entertainment venues, are set to join Frisco’s Wade Park alongside a variety of premier retailers including Arhaus, MiniLuxe, The Lash Lounge and more. Thomas Land & D...
CBRE CLOSES SALE OF WELL-LOCATED DANIA BEACH INDUSTRIAL ASSET
CBRE arranged the sale of a freestanding, 29,770-square-foot industrial property prominently located at the corner of Ravenswood and Stirling Roads in Dania Beach, Florida. The Ravenswood Industrial asset, which sits on a 2.1-acre property at 5950 Rave...
CBRE BROKERS $12.6 MILLION SALE OF ALTAMONTE SPRINGS APARTMENT COMMUNITY
CBRE Capital Markets arranged the sale of Village Green, a 164-unit, 140,000-square-foot apartment community in the Altamonte Springs area of Orlando. Located at 112 Essex Avenue, the asset was acquired from Harbor Group International, LLC by Insula Co...
Joint-Venture Partners Citivest and Angelo, Gordon & Co. Acquire Nine-Property Retail Portfolio In San...
AGC SD Retail Holdings, LLC, a joint venture of Newport Beach-based Citivest Commercial Investments, LLC and New York-based Angelo, Gordon & Company, has acquired a nine-property retail portfolio in San Diego for $183.25 million, according to Ci...
The Atlanta Commercial Board of REALTORS® Releases Q2 2015 Office Market Statistics
The ACBR Office Brief examines vacancy and absorption of 30 Atlanta Office Sub-Markets
Atlanta, GA (July 6, 2015) – The Atlanta Commercial Board of REALTORS® (ACBR), the largest commercial REALTOR association in the country, released its Q2 2015 Of...
South Florida’s Commercial Market Attracting Investors, Developments
Demand in South Florida’s commercial real estate market is producing low vacancy rates and a number of major developments in an array of sectors, according to local experts at the third annual Miami Association of REALTORS® Commercial Alliance Midye...
CBRE SELLS MULTI-TENANT RETAIL CENTER IN DELRAY BEACH
CBRE arranged the sale of Delray Commons, a 68,292-square-foot, multi-tenant retail center located at 5020-5080 Atlantic Avenue in Delray Beach, Florida. Mall 5020 LLC purchased the property for $10,750,000. The seller was Delray Commons, LLC, affiliat...
NAI Capital Opens New Office in Victorville, California
NAI Capital expands its presence in Southern California opening a new office at Sunset Business Park, 13911 Park Avenue, Victorville, Calif. CEO Tim Foutz announced he has hired Victorville market leaders Mehdi Mostaedi, Graeme Carr and Emelie Kwon to ...
Name Change Re-Establishes Commercial Real Estate Women of Kansas City (CREW KC)
Originally established in 1998 as KC CREW, new chapter bylaws approving the name change were adopted at the organization’s annual membership meeting held on Tuesday, June 23. The Kansas City chapter’s membership represents nearly every discipline w...
TAMPA BAY MAKES BIGGEST YEAR-OVER-YEAR JUMP ON CBRE’S ANNUAL GREEN BUILDING ADOPTION INDEX
With over a third of its office space considered “green,” Tampa Bay ranked 17th out of 30 markets on the 2015 Green Building Adoption Index, a joint project of CBRE Group, Inc. and Maastricht University. The Tampa Bay market made the largest leap i...
MIAMI RANKS NINTH ON CBRE’S ANNUALGREEN BUILDING ADOPTION INDEX
For the purposes of this report, “green” office space is defined as holding either an EPA ENERGY STAR label, U.S. Green Building Council (USGBC) full-building LEED certification or both. Using square feet as a measure, 41.6% of Miami’s office mar...
MAST Construction manages 4th phase of largest municipal park project in NJ
MAST Construction Services, Inc. an award-winning, Little Falls, NJ-based project and construction management services and owner's representative firm, today announced that it is serving as the construction manager for the fourth phase, a $10.5 millio...
Martin County Drops to Unprecedented Months Supply of Inventory
“May’s inventory of single family homes in Martin County has dropped 35% from last year to an unprecedented 4.8 months. Although the median sale price remained virtually unchanged, the average sale price moved up 13% to $416,314 compared to last ye...
CBRE TO MARKET ST. TROPEZ APARTMENT COMMUNITY IN PLANTATION’S MIDTOWN BUSINESS DISTRICT
CBRE has been retained as exclusive broker for the sale of St. Tropez, a value-add apartment property located in the highly desirable Midtown Business District of Plantation, Florida. The gated community at 8000 Cleary Boulevard includes 376 townhome-s...
CBRE TO MARKET 50-ACRE HOTEL DEVELOPMENT SITE IN HEART OF ORLANDO’S TOURISM CORRIDOR
CBRE has been selected as the exclusive listing agent for a 49.7-acre hotel/timeshare site located on the south side of I-4, directly across from the new $200+ million Disney Springs redevelopment of Downtown Disney in Orlando, Florida – the number ...
CBRE ARRANGES SALE OF FORT LAUDERDALE INDUSTRIAL ASSET
CBRE arranged the sale of the 103,316-square-foot, 4.6-acre Gateway Industrial Center in Fort Lauderdale, Florida. The asset at 2030 West McNab Road was acquired from 2030 Asset Ventures LLC by Donovan Marine, Inc., for $5.3 million.
Alaska Sockeye Fire: PCI Urges Residents to Seek Safety and Contact Insurers
Residents impacted by Alaska’s Sockeye and Tanana Slough Fires should seek safety when asked to evacuate. Once evacuated to a safe location, residents should save receipts for expenses and contact their insurance companies through their toll free cla...
CBRE/NE NEW HAMPSHIRE TEAM RECEIVES DEAL OF THE YEAR AWARD
CBRE/New England announced brokers from its New Hampshire practice won three awards at the 1st Annual New Hampshire Commercial Real Estate Awards, including the ceremony’s highest honor for 2014 Deal of the Year CBRE/NE New England winners, which inc...
McCraney Property Company Inks New 42,839 SF Lease within John Young Business Park to...
WASHINGTON, D.C. – June 16, 2015 – (RealEstateRama) — McCraney Property Company, a leading developer of modern industrial properties, announced that DEX Imaging signed a new 42,839 square foot lease at John Young Business Park in Orla...
Two National Companies Ink 34,000 SF In Lease Deals
Nashville, Tennessee-based Hospital Corporation of America (HCA)(NYSE: HCA), a for-profit operator of health care facilities and largest such operator in the world, announced that it has leased a new, state-of-the-art, medical buildings at Lake Whitney...
CBRE DEBUTS NEW ONLINE MAGAZINE “BLUEPRINT”
CBRE Group, Inc. (NYSE:CBG) today unveiled Blueprint, an online magazine dedicated to telling timely and insightful stories about the transformational role real estate plays in the world
CBRE CAPITAL MARKETS ARRANGES SALE OF OVIEDO APARTMENT COMMUNITY
CBRE Capital Markets arranged the sale of Barrington Place Apartments, a 233-unit apartment community in the Oviedo area of Orlando for an undisclosed amount. Located at 2785 Chaddsford Circle, the complex was completed in 1998 and has a current occup...
