Business

Business
Sky Harbor Towers

Sky Harbor Towers Redevelopment Nearing Completion in Phoenix

The Muller Company, in a joint venture with investment firm Harbert Management Corporation, announced that the $20 million redevelopment of Sky Harbor Towers office complex is nearing completion of its first phase. The 13.6-acre, two-building office campus located at the intersection of Interstate 10 and State Route 143 is anticipated for move in this spring.
Michael Wurzer

FBS Doubles Real Estate MLS Customer Base to 200,000+ in Four Years

Citing a series of “firsts” in software for supporting Multiple Listing Services in real estate – first to offer a native mobile app, first to create a Web API with its Spark API technology, and most recently, first to power on-demand IDX websites for agents – FBS, the real estate industry’s leading innovator of MLS technology, doubled its flagship Flexmls System customer base in just four years to now serve more than 200,000 subscribers.
Walgreens St. Paul MN

The Boulder Group Arranges Sale of Triple Net Lease Walgreens in the Minneapolis, MSA

The Boulder Group, a net lease investment brokerage firm, has completed the sale of a single tenant net lease Walgreens property located at 1180 Arcade Street in St. Paul, Minnesota for $6,500,000.
ULTA Rendering

Hanley Investment Group and Coldwell Banker DuFour Realty Arrange Sale of New Single-Tenant ULTA...

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, in conjunction with Coldwell Banker DuFour Realty, announced today that the two firms completed the sale of a new construction single-tenant net-leased retail property occupied by ULTA Beauty at 2068 Dr. Martin Luther King Jr. Parkway in Chico, Calif. The sales price could not be disclosed. More...
Ron Penir-OpesAdvisors

Opes Advisors named Top Purchase Lender in San Luis Obispo County for second consecutive...

Real Estate Market Reports named Opes Advisors as San Luis Obispo County’s leading purchase lender for 2016. The company handled a total of 282 home purchases and 201 refinances last year, placing it in the top spot among local lenders for the second consecutive year. More...
Crescent Perimeter

Crescent Communities Starts Construction on Apartment Community in Atlanta’s Perimeter

Crescent Communities, has secured financing for an upscale for-rent multifamily community now under way in Atlanta’s booming Perimeter neighborhood. The community, Crescent Perimeter, will consist of 320 apartments units ranging from one to three bedrooms. Situated at 5755 Glenridge Road in Sandy Springs, Georgia, the contemporary community will be four and five stories surrounding a parking deck within the 26-acre Lakeside office park just north of I-285.
Fetch Shipping Container Rendering4

Renderings Revealed for Fetch, a Restaurant and Dog Park Coming Soon to O4W

Fetch has released the first renderings of the restaurant and dog park bar concept coming to Atlanta’s Old Fourth Ward neighborhood. Fetch is the first restaurant concept by Atlanta businessman Stephen Ochs and his business partner, Garrett Reynolds. The restaurant is expected to open this Fall. More...
The Parkat Perimeter Center

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. More...
Walgreens Jacksonville FL

The Boulder Group Arranges Sale of Single Tenant Net Leased Walgreens

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Walgreens property located at 3505 University Blvd W in Jacksonville, Florida for $5,150,000. More...
Research Report

The Boulder Group Publishes Net Lease Big Box Research Report

The Boulder Group’s Research Department has released a new research report providing comprehensive numbers and analysis of the recent activity in the National Net Lease Big Box Market.
FedEx Jackson, MS

The Boulder Group Arranges Sale of a Net Lease FedEx Office Property

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased FedEx Office property located at 226 E Capitol Street in Jackson, Mississippi for $490,000. More...
The California State Historical Resources Commission

AFFORDABLE SENIOR HOUSING IN CAPITOL HEIGHTS NOW OPEN

Conifer is pleased to announce that a brand new, 120-unit, senior apartment community in Capitol Heights is now open! Located at 2011 Brooks Drive in District Heights, Conifer Village at Oakcrest offers individuals 62 and older an affordable, one or two bedroom, high-quality, state-of-the-art apartment home with many amenities. Each apartment home includes energy efficient appliances, patio or balcony, a fully-equipped fitness room and great room for social events.
Dave Kreske

Dave Kreske Joins Meridian as Vice President of Construction

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. More...
Just Brakes_Dallas

Hanley Investment Group Completes Sale of Single-Tenant Just Brakes Store and Sets New National...

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. More...
SilverLakeCollection

CBRE’s Philip D. Voorhees and NRP-West Team Complete Silver Lake Collection Sale for $13.30...

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. More...
Dollar General Princeville, IL

The Boulder Group Arranges Sale of Triple Net Leased Dollar General

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant new construction Dollar General located at 1107 N Santa Fe Avenue in Princeville, Illinois for $1,145,681

EMPLOYEE ON THE MOVE

It is with great honor that we announce the promotion of Rob Corredine, CPA, to Corporate Controller. “Rob joined Conifer in 2013 and has made significant contributions in many areas of the Company, including corporate and development accounting,” said Tim Fournier, Chairman & CEO.
KTGY_Muir Pointe

KTGY-designed Muir Pointe in Hercules Expects to Open Models in Early 2017

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. More...

Z Gallerie to Open 225,000 Square-Foot Warehouse in Lithia Springs

JLL announced today it has represented Z Gallerie in its plans to open an east coast distribution and customer service center at Skyview Business Center in Lithia Springs, west of Atlanta. The distribution center is expected to create 115 jobs and be fully operational by 2019. JLL Senior Vice President Steve Grable, SIOR and Executive Vice President Barry Hill represented Z Gallerie in the lease negotiations
Preliminary Site

New Owners Unveil Revitalization Plan for East Hills Mall in Bakersfield, Calif.

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. The redevelopment project is expected to break ground late in the second quarter or early third quarter of this year, and be completed in the third quarter of 2018. More...
Liz Heitmann-OpesSantaBarbara

Opes Advisors relocates Santa Barbara office

Opes Advisors, a financial services firm with headquarters in Cupertino, California is relocating its Santa Barbara office to a more convenient location in the Presidio Avenue area of downtown at the end of this month. The innovative mortgage lending firm has been helping Santa Barbara-area residents achieve their dream of homeownership since 2014

MEMA Relocates Corporate Headquarters in Research Triangle Park

Motor and Equipment Manufacturer’s Association, the trade association for motor vehicle and mobility suppliers and parts manufacturers and remanufacturers, announced today plans to relocate its corporate headquarters within Research Triangle Park.
Chris Neighbor

SummerHill Housing Group Announces Executive Management Reorganization and Promotions to Support Strategic Growth

SummerHill Housing Group, the umbrella organization for SummerHill Homes, an award-winning residential builder, and SummerHill Apartment Communities, an apartment, mixed-use infill rental housing developer, today announced executive management reorganization and promotions to support the group’s strategic growth. Chris Neighbor, who has been serving as SummerHill Housing Group’s Executive Vice President / Managing Director, has been promoted to the position of Chief Operating Officer of SummerHill Homes.

Texan Ben Caballero Named to Two Top Real Estate Influencers Lists

The real estate industry’s leading source of news and analysis named Ben Caballero, the top agent in the nation based on sales and transaction volume, as one of the real estate industry’s most influential leaders for 2017. Addison, Texas-based Caballero also was named a SP2017 Trendsetter, generated by Swanepoel T3 Group, which recognizes “innovators, dealmakers, and movers-and-shakers.”
Barbara Ross

CONIFER WELCOMES NEW VICE PRESIDENT of HUMAN RESOURCES

It is with great honor that we announce the addition of Barbara Ross, Vice President of Human Resources and Employee Development to Conifer. “I have known Barb for many years and have worked alongside of her at another organization,” stated Mark Benotti, Vice President of Shared Services. “She is a true professional and owns a strong record in shaping human resource business strategy, providing Conifer the leadership needed to elevate us to another level.”
Solaira at Pavilion Park

Solaira at Pavilion Park Honored with National Design Award

International award-winning firm KTGY Architecture + Planning is pleased to announce that Solaira at Pavilion Park in Irvine has won the Silver Award for the “Best Senior Housing, Multifamily” in the Best In American Living™ Awards (BALA) by the National Association of Home Builders’ (NAHB).  In its 33rd year, BALA recognizes outstanding achievement by builders and design professionals in all sectors of the residential industry, including single-family production, custom, rental, affordable, interiors, remodeling, community and international
Renwick Congdon

Imprev CEO Joins Seattle Leaders on Top Real Estate List

Renwick Congdon, CEO of Bellevue-based Imprev (www.imprev.com), was named to the Swanepoel Power 200 (SP200), a definitive ranking of residential real estate's 200 most powerful leaders. Renwick joins more than a dozen other Seattle-based leaders, who combined make up 15% of the SP200 list.
Renwick Congdon

Real Estate Leaders Identify Pivotal Business Challenges for 2017

As they grow less confident in the economy, top real estate executives at firms of all sizes find themselves united by a key concern for 2017: Agent recruitment and retention.
Pinnacle-Wakefield Rear Elevation_sm

KTGY Design Wins Platinum at Best In American Living Awards (BALA) for Best Senior...

International award-winning firm KTGY Architecture + Planning is pleased to announce that Toll Brothers and KTGY received top honors at the Best In American Living™ Awards (BALA) gala held at the National Association of Home Builders’ (NAHB) International Builders’ Show (IBS) on January 11, 2017, in Orlando, Florida. The Wakefield plan at Regency at Summerlinin Las Vegas received the highly-coveted Platinum Award for “Best Senior Housing, Single Family.”

Climate-controlled storage facility under construction in Durham, North Carolina

A new climate controlled self-storage facility is under construction at 3302 Petty Rd in Durham, conveniently located to both Duke University and UNC Chapel Hill along Highway 15-501. JLL will oversee the construction of the project for the developer and owner, 3302 Petty Road, LLC. More...

Popular

Prepared Remarks of Dave Motley at MBA’s National Mortgage Servicing Conference...

Dave Motley, 2017 Mortgage Bankers Association (MBA) Chairman-Elect and President of Colonial Savings, F.A. and its divisions -- Colonial National Mortgage and CU Members Mortgage, today delivered the following remarks at MBA's National Mortgage Servicing Conference and Expo 2017 in Grapevine, Texas.

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USGBC

New Report Reveals Venues Across the Globe are Embracing LEED Green...

USGBC released its LEED in Motion: Venues report, which highlights the efforts of convention centers, sports venues, performing arts centers, community centers and public assembly spaces to transform their environmental, social and economic footprint through LEED certification. The report showcases some of the most impressive green venues around the world.