The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant new construction Dollar General located at 812 N Walnut Street in Avoca, Iowa for $1,213,220.
Hanley Investment Group Completes Sale of Brand New Single-Tenant Starbucks at Record-Breaking Cap Rate...
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 brand-new construction single-tenant corporate Starbucks with a drive-thru located in Bakersfield, Calif. The purchase price of $2.65 million represented a cap rate of 4.09 percent and $1,432 psf. According to CoStar, this sale achieved a record low cap rate for a single-tenant Starbucks in Bakersfield and a record high price per square foot in the city.
Real Estate Economists Predict Moderate Growth for the Economy and Commercial Real Estate Industry...
The U.S. economy and commercial real estate industry are, in general, expected to experience moderate growth through much of 2019, according to a new three-year economic forecast from the Urban Land Institute (ULI) Center for Capital Markets and Real Estate.
CoreLogic® (NYSE: CLGX), a leading global property information, analytics and data-enabled solutions provider, today announced that Information and Real Estate Services, LLC (IRES) is the first CoreLogic client to make Graphiq data visualizations available to U.S. homebuyers.
Planet Home Living has unveiled COVO, a collection of 10 sleek, small-lot homes in the heart of Silver Lake. The community includes a new, fully-furnished model home set to grand open on Saturday, April 22nd and is open “by appointment only” prior to the grand opening.
With an offer of $100,000 from investor Barbara Corcoran, 2015 REach real estate technology accelerator participant and personal safety device company, Guard Llama(link is external), is officially a part of “Shark Tank” television history.
The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant PNC Bank Ground Lease located at 6616 Crossings Drive SE in Walker, Michigan (Grand Rapids MSA) for $1,490,000.
Homesnap, which is the public face of the Broker Public Portal (BPP), has surged past the 500,000 agent mark and is now available to agents and their clients in over 50 large and small markets across the country. Since the BPP became operational at the beginning of 2017, many MLSs have signed up to participate in the portal, accelerating the growth of the platform through the first quarter of the year. Already, agents using the app have invited more than 13 million clients to connect with them in Homesnap.
The Boulder Group, a net leased investment brokerage firm, has completed the sale of a Target anchored strip center located at 177-179 West Army Trail Road in Glendale Heights, Illinois for $3,301,587.
The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Walgreens property located at 9005 N Navarro Street in Victoria, Texas for $6,550,000.
Challenges facing real estate appraisers servicing the Veterans Affairs were under Congress’s microscope this week as the National Association of Realtors® and other industry leaders took to Capitol Hill to hail the continued success of the VA Home Loan Guaranty Program.
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 two new construction multi-tenant pad buildings in separate transactions in the Kansas City metro area. The total purchase price for both properties was $5,430,000.
Better Homes and Gardens Real Estate Rand Realty has launched a powerful combination of the latest in agent productivity technology. Agents now have access to the Moxi Engage™ CRM from Moxi Works, which is fully integrated into an advanced automated marketing platform from Imprev, Inc.
Brookfield Residential Debuts New Distinctive Home Designs by KTGY Architecture + Planning at Kissing...
International award-winning firm KTGY Architecture + Planning is pleased to announce that KTGY’s new distinctive home designs targeting the needs of today’s discerning active adults were recently unveiled at Kissing Tree in San Marcos, Texas. Kissing Tree is the first baby boomer, master-planned community, for those 55 and better by Brookfield Residential Properties, and the first of its kind in San Marcos. The 3,200-home community is located on 1,332 acres in Central Texas, halfway between San Antonio and Austin in the heart of the Texas Hill Country
CRG has engaged JLL to market and lease a 1.7 million square foot speculative industrial development in Savannah. CRG, the real estate development arm of Clayco, purchased two parcels of land for the project last year. Steve Grable, SIOR and Chris Tomasulo of JLL represented CRG in the land acquisition from Dallas-based Stratford Land.
The Boulder Group, a net leased investment brokerage firm, has completed the sale of Archer Station, a fully leased four tenant shopping center located at 2620-2640 W Pershing Road in Chicago, Illinois for $24,312,811. The property is fully leased to LA Fitness, Ross Dress for Less, AT&T Wireless and Athletico Physical Therapy in a densely populated urban in-fill location with significant barriers to entry
The Boulder Group’s Research Department has released a new research report providing comprehensive numbers and analysis of the 1st quarter activity in the National Net Lease Market.
London and Silicon Valley heading up the Global Top 30 on JLL’s 2017 Investment Intensity Index? Not surprising. But Raleigh-Durham, Austin and Denver also making the list? Now that’s interesting. It’s because these smaller powerhouses are punching above their weight in proportion to their local GDP and going head-to-head with highly globalized markets that are traditionally more attractive to investors.
Bayer U.S. has hired JLL to market for sale or lease its 43-acre, six building, 1 million-square-foot research and development center in Memphis. “The 43-acre former Bayer Research and Development campus represents an ideal redevelopment opportunity for healthcare corporations and other users seeking well-located sites in and around the Mid-South region,” said Jack Wohrman, SIOR, JLL Vice President.
JLL’s Capital Markets experts today announced the firm provided financing for the acquisition of Goodall-Brown Lofts and Fix Play Lofts, two multifamily assets located in Birmingham, Alabama. Highland Real Estate Capital purchased the buildings.
SummerHill Housing Group Announces 994-Unit Mixed-use Master Plan Development on 27 Acres Located within...
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, announced today its plans to develop 994 residential units in the 65+/-Lawrence Station Area Plan in Santa Clara, California. Located on nearly 27 acres bounded by Lawrence Expressway, Central Expressway and Kifer Road, SummerHill has named this exciting new development Nuevo.
The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant new construction Dollar General located at 8212 Highway 171 in Grand Cane, Louisiana for $1,168,947.
JLL has hired Brad Pope, one of Atlanta’s top industrial brokers, as a senior vice president in JLL Atlanta’s Industrial Group. Pope will focus on agency listings and corporate services brokerage.
Frank Lloyd Wright is undoubtedly one of the greatest American architects that ever lived. He was a true visionary that wasn’t afraid to push boundaries and let nature influence his designs. His work blended the latest techniques and technology with old world craftsmanship
Jones Lang LaSalle Incorporated (NYSE: JLL) has been recognized by the Ethisphere Institute as a 2017 World’s Most Ethical Company®. The honor acknowledges, for the 10th consecutive year, the strong principles of business and professional ethics that are inherent in JLL’s values, culture and strategy as well as its interactions with clients, customers, vendors and employees. The Ethisphere Institute is a global leader in defining and advancing the standards of ethical business practices.
InternationalKTGY Architecture + Planning is known for its award-winning designs. But on Saturday morning, Studio Director Swaroop Agaskar and 11 KTGY employees from KTGY’s Pune office boarded a bus in the early morning hours and traveled 90 kilometers to help Habitat for Humanity India’s construction projects in Saraiwadi situated in the Karjat region.
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 stores. With these three recent transactions, McChesney has sold 20 7-Elevens in the last two years, the most 7-Elevens sold by any individual in the U.S. during this period.
Real estate software developers will now be able to more rapidly deploy real estate software with the just released Web API client tool now available for free from the Real Estate Standards Organization (RESO). Developed by RESO specifically for connecting to the hundreds of MLSs nationwide that have implemented RESO API Standards, the free software package includes the Web API client application itself, as well as the source code for the open source client software.
The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Sherwin-Williams property located at 8522 US-42 in Florence, Kentucky for $1,678,426.
Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, arranged the sale of a new single-tenant absolute net-lease Rite Aid property located at 28995 Newport Road in Menifee, Calif.