Authors Posts by Commercial Real Estate

Commercial Real Estate

CBRE SELECTED TO REPRESENT VITAS HEALTHCARE IN 18 STATES

Miami, FL – November 11, 2013 – CBRE has been selected by VITAS Innovative Hospice Care® to provide tenant representation services in all of its locations. Headquartered in Miami, Florida, VITAS operates 52 hospice programs in 18 states, or approximately 900,000 square feet of healthcare facilities. CBRE has provided tenant representation for VITAS since 2007. […]

NAI Capital Represents Seller in $4.6 Mil Big Box Sale in San Bernardino

SAN BERNARDINO, CA - November 8, 2013 - (RealEstateRama) -- Marc Piron, Senior Vice President with NAI Capital’s Riverside office and Lidia Talavera, Vice President with the Ontario office, represented the Seller, Jara Holdings Second, LLC, in the sale of a 35,640 sq. ft. office property located at 1094 South E Street in San Bernardino, CA to the Buyer, MTK SoCal Investments, LLC. The value of the sales transaction was $4.6 million.

CBRE COMPLETES SALE OF GROCERY-ANCHORED RETAIL CENTER IN DESTIN, FLORIDA

Jacksonville, FL - November 8, 2013 - (RealEstateRama) -- CBRE’s Capital Markets Group arranged the sale of Plantation Commons, a 121,402-square-foot Class A retail center located at 4495 Commons Drive West, Destin, Florida. Continental Realty Corporation of Baltimore, MD acquired the property for $13.325 million, or $109.76 per square foot. The property was 70.2% occupied at the time of sale. CBRE Senior Vice President Casey Rosen and Senior Vice President Cliff Taylor represented the seller.

Carter’s Scott Cloud Named One of Real Estate Forum’s “45 Under 40”

ATLANTA - November 7, 2013 - (RealEstateRama) -- Carter, one of the country’s leading real estate investment, development and advisory firms, is pleased to announce that Scott Cloud, senior vice president, has been named one of Real Estate Forum Magazine’s “45 Under 40.”

CBRE ASSIGNED TO LEASE LAKESHORE BUSINESS CENTER

Fort Lauderdale, FL - November 7, 2013 - (RealEstateRama) -- CBRE has been selected by property owner NTS Realty Holdings as the exclusive leasing agent for Lakeshore Business Center, a four-building, 239,540-square-foot Class B office/flex campus located within the Fort Lauderdale Commerce Center in Fort Lauderdale, Florida. The property is currently 73% occupied. Tenants include ECI Telecommunications, Embry Riddle Aeronautical University, Evolis, Inc., John Kirlin, Inc., and Reynolds, Smith & Hills.

NAI Capital Completes the Sale of Another Self-Storage Property

MURRIETA, CA - September 27, 2013 - (RealEstateRama) -- Stephen Grossman with NAI Capital’s Orange County office has completed the sale of Guava Street Storage (formerly 1st Choice Self Storage), a bank owned self-storage property located at 41176 Gu...

Sentry Data Systems Moves 21,615-SF Corporate Headquarters to Repositioned 800 Fairway in Deerfield Beach

Deerfield Beach and Fort Lauderdale, Fla. - September 25, 2013 - (RealEstateRama) -- Stiles Realty, a division of Fort Lauderdale-based full-service real estate firm Stiles, announced today that Sentry Data Systems has moved its corporate headquarters ...

SVN ADVISORS ATTEND THE ICSC PA/NJ/DE IDEA EXCHANGE

SEPTEMBER 2013, ATLANTIC CITY, NJ - September 23, 2013 - (RealEstateRama) -- Brent Miller, CCIM, CPM, Henry Hanna, CCIM, SIOR, and John McClellan, CCIM, advisors with Sperry Van Ness – Miller Commercial Real Estate in Salisbury, MD recently attended ...

NAI Capital Represents Tenant & Landlord in Lease of 40,000 sq. ft. Industrial Building...

SUN VALLEY, CA - July 24, 2013 - (RealEstateRama) -- The industrial brokerage team of David Young, SIOR and Chad Gahr, SIOR, both Senior Vice Presidents of NAI Capital’s Encino office, represented the Tenant, Objects Fine Set Decorations, while the L...

BEN ALDER APPOINTED CO-CHAIR OF LAND PRODUCT COUNCIL FOR SPERRY VAN NESS

SALISBURY, MD - July 23, 2013 - (RealEstateRama) -- Sperry Van Ness – Miller Commercial Real Estate is pleased to announce that Ben Alder has been appointed as Co-Chair of the Land Product Council for Sperry Van Ness International. Alder will serve a...

Applebee’s Portfolio Sold by Calkain Companies at Industry Low Cap Rate

Tampa, FL - July 23, 2013 - (RealEstateRama) -- Calkain Companies' proprietary net lease investment disposition services garnered one of this year's aggregate low returns for a portfolio of franchise operated restaurant properties. This was demonstrate...

WestMar Commercial Real Estate Announces Recent Transactions

TEMECULA, CA - July 11, 2013 - (RealEstateRama) -- WestMar Commercial Real Estate, a leading local real estate services firm, today announced the following transactions:

Calkain Companies to Sell Carrabba’s Italian Grill in Busy Retail Market

Tampa, FL - June 26, 2013 - (RealEstateRama) -- David Sobelman, Executive Vice President and Emily Cusmano, Associate at Calkain Companies, recently listed a Carrabba’s Italian Grill ground lease in Montgomery, Alabama. Located in a Petco anchored sh...

Recent Transactions: May 1st – June 1st

FONTANA, CA - June 24, 2013 - (RealEstateRama) -- Barry Blake with the Temecula Valley office represented the Tenant, Ono Hawaiian BBQ, in the lease of a 2,083 SF retail property located at 17009 Valley Boulevard in Fontana, CA from the Landlord, Lundi...

Stiles Welcomes Industry Veteran Jay Jacobson to Lead Expansion of Multifamily Real Estate Division

Fort Lauderdale, FL. - June 18, 2013 - (RealEstateRama) -- Stiles announced today that Jay Jacobson has joined the company as president of Stiles Residential Group, its residential development and investment services division. Jacobson is responsible f...

NAI Capital Closes Deal on 8 Unit Apartment Building in Beverly Hills

BEVERLY HILLS, CA - June 18, 2013 - (RealEstateRama) -- Shari Baner, Senior Vice President with NAI Capital’s Encino office, represented the Seller, Zintel Holdings, and the Buyer, Cowboy and Company LLC, in the sale and purchase of an 8 unit multifa...

NNN Retail Deals Hit the Market in Prized Development

Tampa, FL - June 14, 2013 - (RealEstateRama) -- Patrick Nutt, Managing Partner of Calkain Companies’ South Florida office, has been engaged to market and sell two new NNN restaurants; the newly constructed Carrabba’s Italian Grill and Outback Steak...

The Boulder Group Arranges Sale of a Fifth Third Bank Ground Lease in the...

Northbrook, IL - May 30, 2013 - (RealEstateRama) -- The Boulder Group, a net leased investment brokerage firm specializing in single tenant assets, has completed the sale of a single tenant Fifth Third Bank ground lease located at 240 Skokie Boulevard ...

NAI Capital Represents the Buyer in New Ferrari Maserati Dealership in Torrance for $2.3...

TORRANCE, CA - May 24, 2013 - (RealEstateRama) -- Sheri Messerlian, Senior Vice President with NAI Capital’s South Bay office represented the Buyer, Beverly Hills Ferrari Maserati, in the purchase of a 28,500 sq. ft. commercial parcel of land located...

NAI CAPITAL CLOSES $3.9 MILLION DOLLAR RETAIL CENTER IN TEXAS

DRIPPING SPRINGS, TX - May 16, 2013 - (RealEstateRama) -- Michael B. Rubin with NAI Capital’s Westlake Village office represented the Buyer, Verdugo South, LLC, in the purchase of a 13,903 sq. ft./ two-acre retail center Shops at the Springs located ...

Business Real Estate Press Releases

TriangleCenter

CBRE’s Philip D. Voorhees and NRP-West Team Complete Sale of Triangle...

CBRE Executive Vice President Philip D. Voorhees announced today that the National Retail Partners-West (NRP-West) completed the sale of Triangle Center in Longview, Washington, a community center, 98 percent leased to high performing, national and regional credit tenants including Winco Foods (not a part), Ross Dress for Less, Bed Bath & Beyond, Michaels, Petco, Rite Aid, Ace Hardware, Ulta Beauty, Big 5, Office Depot along with Five Guys, Great Clips, GameStop and others.

Recent Gov & Nonprofit Real Estate Press Releases

Ginnie Mae

Ginnie Mae’s Mortgage-Backed Securities Portfolio Tops $2 Trillion, Providing More Americans...

Ginnie Mae’s mortgage-backed securities (MBS) portfolio has reached $2.008 trillion in unpaid principal balance, the federal guarantor announced today. That’s up from $1 trillion just eight years ago