Tag: Commercial

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, 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 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.

At its 2017 Annual Installation, the Realtors® Commercial Alliance Palm Beaches and Treasure Coast (RCA), a division of the Realtors® Association of the Palm Beaches (RAPB), announced Scott Field of Realty Associates as President. Other officers installed for a 1-year term include: Ken Duke of Illustrated Properties Commercial as President-Elect, Robert Goldstein of Hospitality Consultants as Secretary, Christina Morrison of Carmel Real Estate and Management as Treasurer, and Douglas Rooks of Century 21 All Professional as Treasure Coast Chairman.

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.

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.

Meridian, a full-service real estate developer and owner of general and medical office real estate, is pleased to announce that it has completed the repositioning of a 12,500-square-foot single-tenant office building located in Santa Clara County at 26...

International award-winning KTGY Architecture + Planning announced today that Orange County-based Civic Partners, the developer of Artisan Alley at The Diamond, a unique retail development located in western Riverside County in the City of Lake Elsinor...

Meridian, a full-service office property developer in California, is pleased to announce the purchase of 1000 Marina, a six-story 105,000-square-foot office building in San Mateo County, Calif. The seller was TA Associates, a private equity firm based ...

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant Bob Evans property located at 105l El Jobean Road in Port Charlotte, Florida for $1,904,000

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.

The number of homeless New Yorkers living in commercial hotels has spiked dramatically since November 2015, with the City now spending an unprecedented $400,000 per day on hotel rooms – a 669 percent rise over 12 months – according to a new analysis released today by New York City Comptroller Scott M. Stringer.

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant First Mid-Illinois Bank & Trust property located at 300 South Division Street in Carterville, Illinois for $1,075,000

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.

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 represented the buyer and seller in the sale of an 83,278-square-foot sho...

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a McDonald’s ground lease located at 6126 Hickory Flat Highway in Canton, Georgia for $1,370,000. The 4,024 square foot McDonald’s is strategically positioned on Hickory Flat Highway, the primary artery connecting Cherokee County and Fulton County.

SummerHill Apartment Communities, a division of SummerHill Housing Group and a leader in providing quality, smart growth, multi-family rental housing and mixed-use developments, announces the completion of 481 on Mathilda, a new 105-unit luxury residential rental community in downtown Sunnyvale, Calif. The completion celebration will be held on Wednesday, December 7, 2016, from 3:00 p.m. – 5:00 p.m., at 481 South Mathilda, between Olive and Iowa streets, in the City of Sunnyvale.

The Muller Company, a full-service real estate company specializing in management, investment and development of commercial real estate in the western United States, announced today that two Southern California medical office buildings owned and managed by The Muller Company have received the 2016 The Outstanding Building of the Year® (TOBY) Award by the Building Owners and Managers Association (BOMA) in each of their respective markets.

Meridian, a full-service real estate developer specializing in acquiring and developing real estate facilities for the healthcare sector, announced today that R.J. Sommerdyke has joined the company’s acquisition team in Southern California. Sommerdyke will play a key role in expanding Meridian’s platform of acquiring value-add healthcare properties throughout Southern California.

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 Southgate Plaza, a 339,369-square-foot grocery-anchored shopping center in Sacramento, Calif., leased to three high-performing grocers, Walmart Neighborhood Market, 99 Ranch Market and 99 Cents Only, along with a complementary mix of co-tenants including, Ross Dress for Less, Skechers, Baskin Robbins, Sally Beauty, Payless Shoe Source, Chase Bank, Farmer & Merchants Bank, Taco Bell, H&R Block and others.

International award-winning KTGY Architecture + Planning is pleased to announce that Simon Perkowitz, AIA, PE, a principal in the firm's Retail Studio, has been invited to participate as a roundtable facilitator at the International Council of Shopping Centers (ICSC) CenterBuild Conference held from November 29, 2016 – December 2, 2016, at the JW Marriott Desert Ridge Resort & Spa in Phoenix, Ariz. Perkowitz will present “Anchor’s Away – Design Solutions for the Disappearing Big Box Tenant,” on Thursday, December 1st, at 8:00 a.m., as part of the breakfast roundtable program. The CenterBuild Conference is the industry's premier retail design and construction conference

International award-winning KTGY Architecture + Planning is pleased to announce that Michael Tseng, director of planning for the firm's Retail Studio, has been invited to participate as a roundtable facilitator at the International Council of Shopping Centers (ICSC) CenterBuild Conference held from November 29, 2016 – December 2, 2016, at the JW Marriott Desert Ridge Resort & Spa in Phoenix, Ariz. 

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant Athletico Physical Therapy property located at 8905 South Commercial Avenue in Chicago, Illinois for $1,025,000. The Athletico Physical Therapy propert...

Stephen Ochs and his business partner former Falcons player Garrett Reynolds today unveiled plans to launch Atlanta’s first restaurant and dog park bar concept in the Old Fourth Ward. Located at the intersection of Decatur Street and Boulevard, the restaurant will include Fetch Ice House, a full-service eatery and bar, and Fetch Park, an on-site dog park bar.

Following JLL’s role as real estate and development advisor on the highly successful closing of the first ever, nine campus, $548 million student housing privatization in 2015, JLL was also hired as the Program Manager to represent the Board of Regents on four campuses with new student housing development included as part of the P3. The projects listed below were all completed on schedule July 15, 2016 and are now fully occupied

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant US Bank property located at 1103 East 9th Street in Lockport, Illinois (Chicago MSA) for $2,100,000.

In an environment that is experiencing changing demographics, a shrinking workforce, and reduced spending, the conventional wisdom is that brick and mortar retail building supply companies should be shying away from the big box format, opting instead f...

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant Starbucks property located at 630 Northwest Highway in Cary, Illinois for $1,650,000

Meridian, a full-service real estate developer and owner of medical real estate, is pleased to announce that it has closed escrow on the sale of its 13,750-square-foot dialysis clinic in Palmdale, Calif. The purchase price was $6.97 million, representi...

Meridian, a full-service real estate developer specializing in acquiring and developing real estate facilities for the healthcare sector, expands its construction project management division with the addition of Christine L. Velasquez, a well-respected...