Friday, April 19, 2024

Archives

149 Commercial Real Estate Pros Earn the Prestigious CCIM Designation

The newest 149 CCIM designees were honored by the CCIM Institute and their local chapter members during a pinning ceremony and cocktail reception on April 5 during the CCIM Institute Midyear Governance Meetings at the Fairmont Hotel in Chicago. The new CCIMs hail from 38 diverse states, District of Columbia, and several provinces in Canada, and have varying degrees of experience in commercial real estate. In the U.S., the CCIM comprehensive exams take place only twice per year.

Mortgage Bankers’ Commercial/Multifamily Originations Rise to Near-Record $504 Billion in 2015

Commercial and multifamily mortgage bankers closed $503.8 billion of loans in 2015 according to the Mortgage Bankers Association's (MBA) 2015 Commercial Real Estate/Multifamily Finance Annual Origination Volume Summation.

Hanley Investment Group Brokers Sale-Leaseback of Wendy’s in La Mesa for $4,125,000

Hanley Investment Group, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that Executive Vice President Eric Wohl completed the sale-leaseback of a Wendy’s restaurant in San Diego County, California. The 2,806-square-foot single-tenant NNN retail property with a drive-thru is located on .84 acres at 8749 Campo Road, near the intersection of Spring Street and Campo Road in La Mesa. The property sold for $4,125,000, representing a record-setting cap rate for a fee-simple Wendy's sale-leaseback in California.

The Boulder Group Arranges Sale of Net Lease ALDI Ground Lease

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant ALDI ground lease located at 5811 High Street in Portsmouth, VA for $3,280,000

NAIOP Sentiment Index: U.S. Commercial Real Estate Outlook is Positive, with Underlying Concerns about...

NAIOP, the Commercial Real Estate Development Association, has announced the launch of its Sentiment Index, which outlines expectations about general conditions in the commercial real estate industry over the next 12 months

NAIOP Announces New Diversity Scholarship for Undergraduate and Graduate Students

NAIOP, the Commercial Real Estate Development Association, has announced a new scholarship program to support graduate and undergraduate students pursuing a degree that will lead to a career in the commercial real estate industry.  Preference will be given to students who have been traditionally under-represented in the commercial real estate field.

The Boulder Group Arranges Sale of Net Lease Buffalo Wild Wings Property

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net lease Buffalo Wild Wings property located at 404 Marshall Road in Superior, CO for $2,158,852.

The Boulder Group Publishes 1st Quarter Net Lease Market Research Report

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.

CBRE’s Philip D. Voorhees and NRIG-West Team Complete Sale of University Village

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 University Village, a 180,681-square-foot non-core, multi-level, theater-anchored entertainment center in Riverside, Calif. The sale price was $43,890,000, representing a 6.20% cap rate.

KTGY-designed Communities Win Silver Nugget Awards

International award-winning firm KTGY Architecture + Planning is pleased to announce that three KTGY-designed residential communities have garnered five top honors in Southern Nevada Home Builders Association 2016 Silver Nugget Awards competition. The Silver Nugget Awards program honors excellence in the Southern Nevada home builders’ industry.

Chapman University’s Musco Center for the Arts Celebrates Grand Opening

KTGY represented the project through the City’s Design Review process including preparation and processing a Specific Plan Amendment, Design Review Committee Review, and outreach to neighbors, students, historic advocacy groups, and community leaders

LBG REAL ESTATE COMPANIES Completes Sale of Newly-redeveloped, 100%-Leased Shopping Center in Huntington Beach,...

LBG REAL ESTATE COMPANIES, LLC (LBG), a Southern California-based investor in retail real estate, announces that the firm has completed the sale of a prime, newly-redeveloped retail center in Huntington Beach, Calif. to a private investor based in Orange County at a sale price of $18,555,000. The sale of the property was brokered by Ed Hanley, Bill Asher and Eric Vu of Hanley Investment Group in an off-market transaction

CBRE’s NRIG-West Team Completes Sale of High-Profile Mill Avenue Properties

CBRE Executive Vice President Philip D. Voorhees and Vice President Brad Rable announced today that the National Retail Investment Group – West (NRIG-West), in union with Executive Vice President Barry Gabel and Senior Associate Chris Marchildon, completed the sale of a +39,979-square-foot two-property portfolio, 420 and 501 S. Mill Avenue in downtown Tempe, Arizona. The properties commanded a combined sale price of $13.8 million.

Hanley Investment Group Completes Sale of Two O’Reilly Auto Parts in $5,537,500

CORONA DEL MAR, CALIF. - (RealEstateRama) -- Hanley Investment Group, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that Senior Vice President Jeremy McChesney completed the sale of two single-tenant NNN-leased properties occupied by O’Reilly Auto Parts in separate transactions with the same buyer to complete 1031 exchanges. The combined purchase price for both properties was $5,537,500

NAREE Bruss Book Contest Targets Real Estate Authors

NAREE, The National Association of Real Estate Editors, is issuing a call for entries for the prestigious 9th Annual Robert Bruss Book Awards program. "NAREE's Bruss Book Awards program is the most renowned competition in this genre," said NAREE Executive Director Mary Doyle-Kimball. "Our past winners have included accomplished journalists, thought-leaders from academia, visionaries from the design world and brilliant marketers of real estate."
Randy Blankstein

Randy Blankstein, President of The Boulder Group, to Chair Net Lease Summit Conference

Randy Blankstein, President of the national net lease advisory firm The Boulder Group, will be the conference chair of the Midwest Real Estate News 2nd Annual Net Lease Summit Conference in Chicago on July 20th, 2016. Additionally

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 2201 N Heritage Street in Kinston, North Carolina for $5,400,000.

Hanley Investment Group Arranges Sale of Single-Tenant NNN Walgreens in Huntington Park, Calif. for...

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced the sale of a single-tenant absolute net-leased Walgreens property located at 6100 Pacific Boulevard in Huntington Park, Calif. The purchase price was $11,850,000, which represented a cap rate of 4.22%, the lowest cap rate ever for a single-tenant Walgreens in Los Angeles County priced over $10 million and one of the lowest cap rates for a fee-simple Walgreens nationwide.

Hanley Investment Group Negotiates Sale of Hamilton Center in Huntington Beach for $3.3 Million

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 Hamilton Center, a 6,800-square-foot multi-tenant shopping center in Orange County, Calif., for $3.3 million, representing a cap rate of 4.77%.

The Boulder Group Arranges Sale of PNC Bank Ground Lease

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant PNC Bank Ground Lease located at 1996 Freedom Parkway in Washington, IL for $1,300,000

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.