Business

Business
BB&T Bank

Hanley Investment Group Completes Sale of Single-Tenant BB&T Bank for $6.4 Million in Bonita...

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 has completed the sale of a single-tenant BB&T Bank located near Naples, Florida, in the city of Bonita Springs. The purchase price was $6.4 million for a 3,272-square-foot building, representing $1,956 per square foot, ranking the transaction in the all-time top one-percent for a single-tenant bank sale nationwide, according to CoStar.
Scott Chase

Buying before you sell: Opes Advisors explains bridge loans and more

Timing can be everything when it comes to buying a home. When sellers face transitioning between homes, there can be a gap between the timing of the sale of their current home and the purchase of their new home. And that can generate a lot of concerns.
DavidGumpperWAVGroup

WAV Group Announces New Technology Consulting Division, Gumpper to Lead

One of real estate’s leading business consulting firms, WAV Group, announced today it is expanding its services to include IT Consulting - technology roadmaps, vendor selection, SaaS integrations – and that David Gumpper, former Chief Technology Officer for Michael Saunders & Company, is partnering with the WAV Group to lead this new Technology Consulting division.
Market Research Report

The Boulder Group Publishes Net Lease Big Box Market Research Report

The Boulder Group’s Research Department has released a new research report providing comprehensive numbers and analysis of the 4th quarter activity in the National Net Lease Big Box Market.
Roosevelt_SM

Hanley Investment Group Arranges Sale of Mixed-Use Coastal Property in North San Diego County...

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 has completed the sale of Roosevelt Plaza @ Carlsbad Village, a 19,950-square-foot three story mixed-use property comprised of retail, creative office and residential located in the coastal community of Carlsbad in north San Diego County, California. The purchase price was $8,195,000, representing a cap rate of 5.33 percent.
Whittier_FriendlyHills

CBRE’s Philip D. Voorhees and NRP-West Team Complete Sale of Friendly Hills Marketplace in...

CBRE Executive Vice President Philip D. Voorhees announced today that he and the National Retail Partners-West (NRP-West), on behalf of Oppidan, Inc., the property owner and developer, completed the sale of the newly-constructed Friendly Hills Marketplace in Whittier, California, a power center, 100% leased to national and regional credit tenants including Orchard Supply Hardware (NYSE: LOW), HomeGoods (NYSE: TJX), ULTA Beauty, and Skechers.
John Mosey BPP

Broker Public Portal with Homesnap Grows Over 150% in First Year

Broker Public Portal (BPP) since its launch with Homesnap in January last year has grown from serving 45 Multiple Listing Services to more than 120 MLSs today, representing 800,000 real estate agents and brokers. As a result, Homesnap has become one of the nation’s most collaborative consumer real estate apps. Real estate agents have invited more than 19 million clients and contacts to access MLS listing data, and 8.5 million consumers have engaged with their agents through Homesnap.
Aspen Dental

Hanley Investment Group Arranges Sale of Newly-Constructed Single-Tenant Aspen Dental in St. Louis Metro...

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 has completed the sale of a newly-constructed single-tenant Aspen Dental in Jefferson County, Missouri, at the intersection of Big Bill Road and Highway 141 in the city of Arnold. The purchase price was $2,424,000, representing a 6.50 cap rate, the lowest cap rate ever for an Aspen Dental in the Midwest, according to CoStar
7Eleven Frisco TX

The Boulder Group Arranges Sale of Net Lease 7-Eleven Property

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased 7-Eleven property located at 11065 Main Street in Frisco, Texas for $5,295,894.
Nick Lehnert

Nick Lehnert, KTGY Executive Director, Design Strategies, Honored by Building Industry Association of Southern...

International award-winning firm KTGY Architecture + Planning is pleased to announce that Nick Lehnert, Executive Director, Design Strategies, has been honored with the Volunteer of the Year Award by Building Industry Association of Southern California (BIASC) Council on SAGE (Shaping Advancements in Generational Environments), formerly known as the 55+ Housing Council. The Volunteer of the Year Award recognizes Lehnert’s outstanding service and dedication to the association.
Gregg Larson

Industry Award Recognizes CoreLogic Real Estate Leaders

CoreLogic®(NYSE: CLGX), a leading global property information, analytics and data-enabled solutions provider, today announced that two of its key Real Estate Solutions leaders have been recognized in the Swanepoel Power 200 list. Chris Bennett, executive, and Gregg Larson, principal, Business Development, were both named to the list for 2018. The Swanepoel Power 200 is an annual ranking of residential real estate’s top leaders published by the Swanepoel T3 Group.
CVS Madison TN

The Boulder Group Arranges Sale of a Single Tenant Net Leased CVS Pharmacy

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased CVS Pharmacy property located at 1200 Gallatin Pike South in Madison, Tennessee for $2,925,000.

Meridian Purchases 29,000 SF Parcel in Downtown Long Beach, CA to Build MOB

Meridian, a full-service commercial real estate developer based in California, is pleased to announce the purchase of three existing buildings on five parcels totaling 29,000 square feet of land located in Downtown Long Beach at 1078-1090 Atlantic Boulevard. Meridian paid $2.45 million for the property, which is located across the street from Dignity Health’s St. Mary’s Medical Center, a 389-bed, Level II Trauma Center. Meridian plans to spend approximately $3.1 million on the development of a new, single-story 9,200-square-foot ambulatory, out-patient clinic
7-Eleven Valley Park

Hanley Investment Group Completes Three 7-Eleven Deals for $4.2 Million, Marking Jeremy McChesney’s 26th...

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 Jeremy McChesney has completed the sale of three 7-Eleven properties in separate transactions for a combined value of $4,227,000. The properties are located in Valley Park, Missouri; Bradenton, Florida; and Lakewood, Ohio. McChesney has now completed the sale of 26 7-Eleven properties in over 2.5 years, the most 7-Elevens sold by one individual in the U.S. during this same period.
Regency at Summerlin_rear

KTGY Architecture + Planning Honored with 3 Platinum & 3 Gold Awards at Best...

International award-winning firm KTGY Architecture + Planning is pleased to announce that KTGY’s designs were recognized at 2017 Best in American Living™ Awards (BALA) by the National Association of Home Builders (NAHB). The awards honor the firm's wide range of capabilities, excellence and innovation in addressing complex design/build issues in attached, detached and 55+ housing

Business Real Estate Press Releases

Wals Homewood IL

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 820 183rd Street in Homewood, Illinois for $2,925,000. The 13,905 square foot Walgreens is positioned just off of the signalized intersection of 183rd Street and Halsted Street which experiences a combined traffic count of 52,300 vehicles per day.

Recent Gov & Nonprofit Real Estate Press Releases

Wals Homewood IL

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 820 183rd Street in Homewood, Illinois for $2,925,000. The 13,905 square foot Walgreens is positioned just off of the signalized intersection of 183rd Street and Halsted Street which experiences a combined traffic count of 52,300 vehicles per day.