Wednesday, April 24, 2024

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FIFTEEN COMMERCIAL PROPERTIES WIN THE OUTSTANDING BUILDING OF THE YEAR® AWARDS

The commercial real estate industry honored 15 commercial properties with The Outstanding Building of the Year® (TOBY®) Awards last night at the Building Owners and Managers Association (BOMA) International’s annual conference, the 2016 BOMA International Conference & Expo in Washington, D.C. This year marked the 30th anniversary of the awards.
SOUTH WEDGE FARMERS MARKET

South Wedge Farmers Market Held at The Hamilton

The South Wedge Farmers Market, which operates under the direction of the South Wedge Planning Committee (SWPC), is stationed outside of The Hamilton Apartments on Mount Hope every Thursday night from 4pm-7pm from June through October.

New REALTOR Benefits® Partner Provides Members-Only Online Shopping Destination

The National Association of Realtors® has partnered with Electronics Row to create a Members’ Gift Galleria(link is external), the first-of-its-kind custom shopping destination exclusively for Realtors®, association members and their families.
AL BAXTER

AL BAXTER, MAINTENANCE PERSON OF THE YEAR

The United States Department of Agriculture Rural Development (USDA Rural Development) announced the winners of the National Multi-Family Housing Maintenance People of the Year for 2016. We are proud to announce Al Baxter, Maintenance Mentor at Willow Landing Apartments I & II, was one of two recipients of this award. This is the second year USDA Rural Development has given an award for Maintenance Person of the Year
Copiague Commons

COPIAGUE COMMONS EARNS SMART GROWTH AWARD

Conifer is delighted to announce that Copiague Commons, a brand new development currently under construction, was awarded with VISION Long Island’s Smart Growth Award.

KTGY-designed Downtown Fremont’s First Mixed-use Development Breaks Ground

Award-winning international firm KTGY Architecture + Planning announced today that the City of Fremont recently celebrated the groundbreaking of Locale @ State Street, Downtown Fremont’s first mixed-use project. The new transit-oriented residential and retail development, designed by KTGY, was made possible through a public/private partnership between the City of Fremont, TMG Partners, SARES-REGIS Group, and Summerhill Homes.

ROEM Builds 200 New Affordable Homes at 295-acre Hitachi Master-Planned Community in San Jose,...

With the near completion of 200 new, affordable housing homes, the $46 million Charlotte Park Apartments in San Jose, Calif., is a great example of ROEM’s expertise in building a high quality affordable residential rental community located within a market-rate development. In this case, ROEM Corp. satisfied most of the affordable housing requirement of the Hitachi master-planned community, with ROEM Builders, Inc., acting as both general contractor and construction manager

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 1855 Hudson Bridge Road in Stockbridge, Georgia for $5,020,000.

LBG REAL ESTATE COMPANIES Completes Sale of Single-Tenant Home Depot in Henderson, NV for...

LBG REAL ESTATE COMPANIES, LLC (LBG), a Southern California-based investor in retail real estate, in partnership with Aviva Investors Real Estate Capital Partners I-A, LP, announce that they have completed the sale of a prime, single-tenant net-lease property in Henderson NV to an undisclosed buyer at a sale price of $23,162,717. The sale of the property was brokered by Chris Kostanecki and Dave Lucas of Capital Pacific in Las Vegas, NV

Industry Experts Discuss Real Estate Trends During KTGY Leadership Series Event

International award-winning firm KTGY Architecture + Planning recently held an invite-only KTGY Leadership Series event with real estate experts Doug Bibby, president of National Multifamily Housing Council (NMHC), and John McManus, editorial director of Hanley Wood, with Rohit Anand, AIA, managing principal of KTGY’s East Coast office, as the moderator. The event, which was held at KTGY’s new offices at 8609 Westwood Center Drive, Suite 600, Tysons, VA 22182, was attended by some of the region’s top builders and developers.

U.S. CENTERS FOR DISEASE CONTROL AND PREVENTION ASKS BUILDING OWNERS AND MANAGERS TO ADOPT...

The Building Owners and Managers Association (BOMA) International is pleased to work with the U.S. Centers for Disease Control and Prevention (CDC) to help reduce the risk of Legionella in commercial properties

KTGY Architecture + Planning Unveils Design for Retailer Expansion at SouthBay Pavilion

International award-winning firm KTGY Architecture + Planning today unveiled the design for Vintage Real Estate’s retailer expansion at SouthBay Pavilion, a 1.2 million-square-foot enclosed shopping center in Carson, California.

CBRE’s Philip D. Voorhees and NRIG-West Team Complete Sale of High Quality Retail Center...

CBRE Executive Vice President Philip D. Voorhees and Jimmy Slusher announced today that the National Retail Investment Group – West (NRIG-West) team completed the sale of The Terrace, a two-level, 39,634-square-foot shopping center with structured parking in the city of Newbury Park, Calif. Leased to a complementary mix of 12 restaurant, retail and athletic-focused uses, tenants at The Terrace include: Orangetheory Fitness, Hot Yoga 1000, Road Runner Sports, Bottle and Pint, and others.

Commercial/Multifamily Mortgage Delinquency Rates Low, Record Decline for CMBS Loans

Delinquency rates for commercial and multifamily mortgage loans remained low in the first quarter of 2016, according to the Mortgage Bankers Association's (MBA) Commercial/Multifamily Delinquency Report.

Hanley Investment Group Negotiates Sale of Target-Anchored Shopping Center for $8.57 Million

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that President Ed Hanley and Senior Vice President Kevin Fryman represented the buyer and seller in the sale of Seven Trees Shopping Center, a 150,338-square-foot Target-anchored shopping center in San Bernardino, Calif. The sale price was $8.57 million.

The Boulder Group Publishes Net Lease Casual Dining Research Report

The Boulder Group’s Research Department has released a new research report providing comprehensive numbers and analysis of the activity in the National Net Lease Casual Dining Market

KTGY-Designed Kapolei Lofts Wins Two NAIOP Hawaii Awards

International award-winning firm KTGY Architecture + Planning is pleased to announce that Kapolei Lofts in West Oahu, Hawaii, received two Awards of Excellence during the NAIOP Hawaii’s 19th Annual Kukulu Hale Awards ceremony held recently at the Royal Hawaiian Hotel in Oahu. Developed by Forest City Hawaii and designed by KTGY, Kapolei Lofts won the Green Building Award and New Project Award – Commercial/Other Over 40,000 SF. The NAIOP Hawaii’s Awards of Excellence program recognizes accomplishments in Hawaii’s commercial real estate industry, including recognition for new and renovated commercial and public projects statewide.

Just Listed: Historic Landmark Multi-Tenant Retail Center in SoCal’s Inland Empire for $28.6M

Progressive Real Estate Partners and Hanley Investment Group announced today the for-sale listing of Thomas Winery Plaza, a 99,808-square-foot historic landmark shopping center for $28.6 million ($287 psf). The center is located at the northeast corner of Foothill Blvd. (Historic Route 66) and Vineyard Avenue in Rancho Cucamonga, Calif., and is the site of California's oldest winery established in 1839.

CBRE’s Philip D. Voorhees and NRIG-West Team Complete Sale of Community Center in Tacoma,...

CBRE Executive Vice President Philip D. Voorhees announced today that he and the National Retail Investment Group – West (NRIG-West) team completed the sale of Lincoln Plaza, an 80,922-square-foot community shopping center in the city of Tacoma, WA, leased to a complementary mix of retail, service and restaurant tenants including Big 5, Jared The Galleria Of Jewelry, Men’s Warehouse, Skechers, Starbucks, Wingstop, Sprint and others. The sale price was $26.7 million. The property was approximately 95% occupied at the time of sale.

The Boulder Group Arranges Sale of Single Tenant Net Leased Walgreens in Chicago’s Bucktown...

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Walgreens property located at 2001 Milwaukee Avenue in Chicago, IL for $11,275,000.

Business Real Estate Press Releases

Support Ukrainian Refugees

GFP Real Estate and Its Tenants Raise More Than $200,000 to...

GFP Real Estate is pleased to announce that its "Support Ukraine in Crisis" campaign raised more than $200,000 to support humanitarian relief efforts on the ground in Ukraine.

Recent Gov & Nonprofit Real Estate Press Releases

Support Ukrainian Refugees

GFP Real Estate and Its Tenants Raise More Than $200,000 to...

GFP Real Estate is pleased to announce that its "Support Ukraine in Crisis" campaign raised more than $200,000 to support humanitarian relief efforts on the ground in Ukraine.