Tag: Commercial
Lee & Associates Completes Sale of Multi-Tenant Retail Shopping Center in Orange County for...
Lee & Associates, a national commercial real estate brokerage firm, announced today that the company represented the buyer and seller in the sale of Grovemont Square, a 29,030-square-foot multi-tenant retail shopping center at 2428 North Grand Avenue in Santa Ana, Calif. The sale price was $4,730,000, representing a cap rate of 4.26 percent
SUSAN STURMAN JENNINGS, ESQ., NAMED 2016 TOP COUNSEL, ATTORNEY OF THE YEAR
Conifer Realty, LLC is proud to announce that Susan Sturman Jennings, Esq., has been named one of 2016’s Top Counsel from The Daily Record.
CBRE’s Philip D. Voorhees and NRIG-West Team Complete Sale of Taco Bell and Shops...
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 the Taco Bell and Shops, a 18,175-square-foot, strip center in the city of San Diego, Calif., leased to a synergistic mix of food and service tenants, including Taco Bell, El Pollo Loco, Pick Up Stix, AT&T and T-Mobile. The sale price was $14 million, representing a 5.0% cap rate.
The Boulder Group Arranges Sale of Trophy CVS Pharmacy Ground Lease in Downtown Dallas...
The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant new construction CVS Pharmacy ground lease located at 2501 N. Field Street in Dallas, Texas for $14,890,000. The property sold at a 4.60% cap rate whic...
JLL Selected by Schneider Electric to Design and Manage interior office project in Franklin,...
JLL has been hired by Schneider Electric, the global specialist in energy management and automation, to provide project management services for its new office space located at Two Franklin Park, 6700 Tower Circle, just outside Nashville
Soothe Expands Operations to The Souferian Group’s Iconic Hollywood Office Building
The Souferian Group, a Los Angeles-based real estate development, investment and advisory firm founded and led by Behzad Souferian and focused on developing distinctively branded and designed lifestyle-driven properties, has announced the closing of a full-floor lease for Soothe, an app-based on-demand massage technology company. The company’s expanded operations will occupy the entire sixth floor of 1800 North Highland Ave., a seven-story, Class A office structure located at the gateway to Hollywood’s world-renowned entertainment district.
Hanley Investment Group and Lee & Associates Sell Single-Tenant Sonic Drive-In at Record-Breaking Cap...
Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, in conjunction with Lee & Associates, announced today that the two firms completed the sale of a single-tenant Sonic Drive-in located at 9505 Magnolia Avenue in Riverside, Calif. The sale price of $2,555,000 represented a cap rate of 4.70%, a record low for a single-tenant Sonic Drive-In restaurant nationwide
THE FUTURE DNA OF COMMERCIAL REAL ESTATE IN FLORIDA PANELISTS TO SHARE EXPECTATIONS...
The Building Owners and Managers Association (BOMA) of Miami-Dade is hosting the 2017 Commercial Real Estate Outlook Thursday, September 29, 2016 at noon. The forum which will focus on Florida’s future DNA of commercial real estate will be held at East Miami, 788 Brickell Plaza, Miami, FL 33131
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.
San Luis Obispo Celebrates Grand Opening of New ROEM Affordable Apartments
On Thursday, September 8, 2016, the City of San Luis Obispo celebrated the grand opening of South Hills Crossing, a new affordable apartment community by ROEM Corporation in partnership with the Housing Authority of the San Luis Obispo (HASLO). The gr...
Randy Blankstein, President of The Boulder Group, to Speak at ICSC N3 Triple Net...
Randy Blankstein, President of national net lease advisory firm The Boulder Group, will be a featured speaker on ICSC’s N3 Triple Net Lease Panel in Chicago on October 19th, 2016. The panel will be held during the ICSC Chicago Deal Marking.
Builder Electric Rates Reduced by $38 Million as Consumers Energy Retires Classic Seven Coal...
Northbrook, IL – September 8, 2016 – (RealEstateRama) — The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant Starbucks property located at N65 W24950 Main Street in Sussex, Wisconsin for $1,075,000. The Starbucks property is located at the intersection of Highway 164 and Main Street on the
Hanley Investment Group Completes Sale of Multi-Tenant Retail Pad to New Walmart Supercenter in...
Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that Executive Vice President Eric Wohl negotiated the sale of a 6,786-square-foot mult...
Meridian Sells 74,000 SF Multi-Tenant Office Building in Pleasanton, Calif. for $15.5 Million
With more than 150,000 SF currently in development/redevelopment and another 500,000 SF in the pipeline, Meridian is still aggressively pursuing more value-add general and medical office opportunities throughout California
The Boulder Group Arranges Sale of a Single Tenant US Bank Office Building in...
The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant US Bank office property located at 615 East Michigan Street in Milwaukee, WI for $14,000,000.
Hanley Investment Group Negotiates Sale of Brand New Single-Tenant Black Bear Diner Restaurant in...
Multiple all-cash offers within first week of marketing is evidence of continued demand for well-located single-tenant retail assets CORONA DEL MAR, CALIF. — (RealEstateRama) — Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that Senior Vice President Jeremy McChesney completed the sale
McCormick Construction Completes Interior Renovation of Neurobrands’ Corporate Office in Burbank
McCormick Construction, a premier builder shaping the culture of buildings and businesses throughout the Western United States since 1914, has completed construction on a 14,000-square-foot interior renovation project for beverage manufacturer, Neurobrands llc’s, corporate office located at 2550 N. Hollywood Way in Burbank, California. Neurobrands originally occupied two disconnected office suites in the North Hollywood Way office building, which is in close proximity to the Hollywood Burbank Airport.
TPW Commission Adopts New Rules for Statewide Oyster Fishery
The Texas Parks and Wildlife Commission today adopted new regulations for the statewide oyster fishery that reduce commercial possession limits and establish additional harvest restrictions. The new rules affect both the recreational and commercial ha...
CBRE’s Philip D. Voorhees and NRIG-West Team Complete Sale of Target Outpad and Retail...
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 the Shops at Stonecreek Plaza, a 52,171-square-foot strip center in the city of Los Banos, Calif., leased to a synergistic mix of regional and local tenants including Petco, Famous Footwear, Dollar Tree, GNC, Metro PCS, Wingstop and a drive-thru Starbucks. The sale price was $12 million, representing a 7.1% cap rate.
Hanley Investment Group and Voit Real Estate Services Arrange Sale of Single-Tenant Petco in...
Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, in conjunction with Voit Real Estate Services, announced today that the two firms completed the sale of...
KTGY-designed Artisan Alley to Capitalize on Craft Brew Craze Adjacent Stadium in Lake Elsinore,...
International award-winning KTGY Architecture + Planning announced today that it has been selected by Orange County-based Civic Partners as the designer of Artisan Alley at The Diamond, a unique retail development located in western Riverside County in...
Hanley Investment Group Negotiates Sale of Multi-Tenant Retail Center in Phoenix Metro Area
Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that Executive Vice President Eric Wohl negotiated the sale of 51st & Southern, a 15,498-square-foot multi-tenant retail property in the Phoenix metro area. The purchase price was $2,325,000
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.
The First Live-Create-Play Community – Pinewood Forrest – Rising on Atlanta’s Southside
Plans were announced today for Pinewood Forrest, an innovative mixed-use community located in Fayetteville, Georgia. Envisioned as a community themed and centered around storytellers, the creative and the-creative-at-heart, Pinewood Forrest will go beyond traditional live-work-play plans to become Atlanta’s first Live-Create-Play community. Rising adjacent to Pinewood Atlanta Studios, Pinewood Forrest is designed to inspire and celebrate creativity, and to help people live their best lives.
ROEM Corporation Provides 134 New Affordable Homes for San Jose’s Low-income Families
Oak Grove Apartments Opens in Hitachi Master-planned Community SAN JOSE, Calif. – (RealEstateRama) — ROEM Corporation announced today the opening of its Oak Grove Apartments, a $34 million development in San Jose providing 134 units of permanently affordable housing to low-income families earning at or below 60 percent of the Santa Clara County area median
INNOVATIVE LUXURY AGENCY MERCER VINE LAUNCHES IN LOS ANGELES WITH TEN MAJOR LISTINGS
With plans to grow to 50 agents this year, the emerging real estate firm is built on a foundation of collaboration and client experience. Mercer Vine, a new leader in Southern California luxury real estate, has formally launched its brand by listing 10 properties in some of Los Angeles’ most exclusive neighborhoods. The properties, many of which are undergoing extensive high-end upgrades, have an estimated post-renovation value of $260 million
Hanley Investment Group Negotiates Sale of Multi-Tenant Retail Pad to Smart & Final Extra!...
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 a 9,167-square-foot multi-tenant retail pad building, which is part of a neighborhood shopping center anchored by Smart & Final Extra! in Upland, Calif. The sale price of $3.9 million, with a cap rate of 5.48%, represented a record low cap rate for a multi-tenant pad over $3.5 million in the trade area
The Boulder Group Arranges Sale of a Net Leased Chipotle, Dunkin’ Donuts & Sleepy’s...
The Boulder Group, a net leased investment brokerage firm, has completed the sale of a three-tenant net leased center located at 253 South Weber Road in Romeoville, IL for $4,200,000. Romeoville is located within the Chicago MSA
The Boulder Group Arranges Sale of a Net Leased Chipotle, Dunkin’ Donuts & Sleepy’s...
The Boulder Group, a net leased investment brokerage firm, has completed the sale of a three-tenant net leased center located at 253 South Weber Road in Romeoville, IL for $4,200,000. Romeoville is located within the Chicago MSA
