Property, Rentals, Transactions

Property, Rentals, Transactions
Skyline-A-Wilbert-PR-Company

SG Property Services Adds Two Medical Buildings to Portfolio

Property Services, an Atlanta-based real estate firm with a focus on healthcare and professional office development, has acquired Johns Creek Medical and The Swan Building for a combined $11.9 million. The two properties, located at 6918 McGinnis Ferry Road in Johns Creek and 4165 Old Milton Parkway in Alpharetta, total 55,664 square feet.
NAR

Realtors® Highlight Flood Insurance Concerns as House Committee Finalizes Key Markup

The House Financial Services Committee today concluded a markup (link is external) on multiple pieces of legislation to reauthorize and reform the National Flood Insurance Program. Following is a statement from National Association of Realtors ® President William E. Brown
NAR

Existing-Home Sales Rise 1.1 Percent in May; Median Sales Price Ascends to New High

Existing-home sales rebounded in May following a notable decline in April, and low inventory levels helped propel the median sales price to a new high while pushing down the median days a home is on the market to a new low, according to the National Association of Realtors®. All major regions except for the Midwest saw an increase in sales last month.
McCormick Construction

McCormick Construction Announces Completion of Westfield’s U.S. Headquarters Renovation

McCormick Construction, a premier builder shaping the culture of buildings and businesses throughout the Western United States since 1914, has announced the completion of Westfield's U.S. headquarters renovation, located at 2049 Century Park East in Century City, California.
Jiffy Lube Indiana

The Boulder Group Arranges Sale of Single Tenant Net Lease Jiffy Lube Portfolio

The Boulder Group, a net leased investment brokerage firm, has completed the sale of two single tenant net leased Jiffy Lube locations in Indiana for $2,400,000.
FBS

FBS and Solid Earth Announce Partnership to Integrate Spark API with Spring

FBS, the creators of the industry-leading Flexmls System and Spark Platform, announced a partnership with Solid Earth to build their Spring Consumer Portal on the Spark API, an integration that will give Multiple Listing Services the ability to create and quickly deploy hyper local consumer portals in their marketplaces, delivering better quality leads to its members for the first time
Skyline-A-Wilbert-PR-Company

Shailendra Group Property Services Acquires 41K+ SF West of Atlanta

Shailendra Group Property Services (SGPS) today announced the purchase of Douglasville Medical Center and Prestley Mill Medical Center for a combined $7.5 million. The 41,772-square-foot acquisition includes 8820 Hospital Drive and 4586 Timber Ridge Drive properties
Rite Aid Rosamond

Hanley Investment Group Arranges Sale of Single-Tenant Rite Aid in Rosamond, Calif. for $7.6...

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 net-lease Rite Aid property located at 2938 Rosamond Boulevard in the City of Rosamond, north of Lancaster/Palmdale, in Southern California’s Antelope Valley. The purchase price was $7,604,000.
Skyline-A-Wilbert-PR-Company

Sachin Shailendra Gives Address at Clayton State University’s 2017 Spring Commencement

SG Contracting President and Georgia Board of Regents member Sachin Shailendra recently delivered a commencement address to Clayton State University graduates, faculty and guests. Shailendra's main message to graduates during the May 6, 2017, commencement ceremony was, "Don't ever give up. Always continue to work hard and strive to reach your goals."
Mercer Vine

MERCER VINE LISTS FUSION OF SPANISH COLONIAL AND CLASSIC BEVERLY HILLS HOME FOR $15.995...

Mercer Vine, an innovative leader in Los Angeles luxury real estate, has listed the fully re-imagined home at 627 N. Palm Drive for $15.995 million. First built in 1929, the home’s original architect was the vision of renowned architect Ralph Flewelling. After the complete redesign, STANDARD Architecture created a truly unique homage to Spanish Colonial and classic Beverly Hills design located in the heart one of the world’s top luxury destinations.
ULI

The World’s Top Real Estate Leaders to Gather in Los Angeles for the Urban...

Nearly 7,000 of the world’s foremost leaders in the real estate and land use industry will convene at the Urban Land Institute’s (ULI) 2017 Fall Meeting, set for October 23-26 at the Los Angeles Convention Center. ULI is a global, multidisciplinary, member-driven real estate organization dedicated to responsible land use and building thriving, sustainable communities.
Skyline-A-Wilbert-PR-Company

SG Contracting Breaks Ground on Primary School Learning Center for Esteemed Atlanta International School

SG Contracting, a leading Atlanta-based general contracting and construction management company, today announced it has broken ground on a new Primary School Learning Center for the Atlanta International School (AIS) located on the school’s campus in Buckhead.
Wendy Sisneroz OpesAdvisors

Wendy Sisneroz joins Opes Advisors

Opes Advisors, a Division of Flagstar Bank and innovative mortgage lending and wealth management firm with division headquarters in Cupertino, California has named Wendy Sisneroz as the new Area Manager for the region’s four offices in California’s Central Valley. This experienced mortgage lending team has been helping Central Valley residents achieve their dream of homeownership for more than 10 years.
NAR

5 Root Causes for U.S.’s Depressed Homeownership Rate: New Study

Despite steadily improving local job markets and historically low mortgage rates, the U.S. homeownership rate is stuck near a 50-year low because of a perverse mix of affordability challenges, student loan debt, tight credit conditions and housing supply shortages
PAH_Mountain View

Palo Alto Housing Breaks Ground on New Affordable Veterans and Workforce Housing in Mountain...

On June 12, 2017, City of Mountain View Mayor Ken Rosenberg, Santa Clara County Board Supervisor Joseph Simitian, State Housing and Community Development Director Ben Metcalf, California Department of Veterans Affairs and other local leaders will celebrate the groundbreaking of Eagle Park Apartments, an affordable residential rental community being developed by Palo Alto Housing (PAH) in the center of Silicon Valley
USC_Ross-Haddad-Witte

THE USC LUSK CENTER FOR REAL ESTATE NAMES INDUSTRY VETERANS HADDAD AND WITTE AS...

The University of Southern California’s Lusk Center for Real Estate, a nationally-renowned real estate research center, announced today the retirement of Stan Ross, after 18 years as chairman of the Lusk Center advisory board.
Soo-Im_KTGY

KTGY Director, Design Soo Im to Speak on Solving the Industry’s Next Great Challenge:...

International award-winning KTGY Architecture + Planning is pleased to announce that Soo Im, AIA, LEED AP, NCARB and Director, Design in the firm’s Los Angeles office will be a speaker at the 3rd Annual Interface Seniors Housing Midwest on Wednesday, June 7, 2017, in Chicago. She will participate in the panel discussion, “Solving the Industry’s Next Great Challenge: Building and Operating Middle Income Seniors Housing.”
NAR

Led By China, Foreign Investment in U.S. Commercial Real Estate on the Rise

One-fifth of surveyed Realtors® practicing in commercial real estate closed a sale with an international client in 2016, and as foreign investors flock to smaller-sized commercial properties in secondary and tertiary markets, many Realtors® are confident that increased sales and leasing activity will occur in 2017.
Walgreens_Oceanside

Hanley Investment Group Arranges Sale of Single-Tenant NNN Walgreens in Oceanside for $7.4 Million

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 single-tenant absolute net-lease Walgreens property located in north San Diego County at 3507 Cannon Road in Oceanside, Calif. The purchase price was $7.4 million, which represented a cap rate of 5.0 percent.
Meridian_Pasadena 3

Meridian Names Cypress West as Property Manager of 115,000 SF Newly-Renovated Cotton Medical Center...

Meridian, a full-service real estate developer and owner of medical real estate, is pleased to announce that the firm has retained Cypress West Realty Management of Rancho Santa Margarita, Calif., to manage Meridian’s 115,000-square-foot medical office complex in Pasadena, California.
Presidio-Oakpointe-LakePointe

KTGY Architecture + Planning Strengthens Commitment to Education and Community and Adopts 6th-Grade Class...

International award-winning KTGY Architecture + Planning is pleased to announce that Oakpointe Communities and Presidio Residential Capitalhave received unanimous approval from the City of Covington to develop LakePointe Urban Village, a 214-acre master planned
NAR

Pending Home Sales Scale Back 1.3 Percent in April

Pending home sales in April slumped for the second consecutive month and were down year-over-year nationally and in all four major regions, according to the National Association of Realtors®. Only the West saw an increase in contract signings last month
KTGY

KTGY Architecture + Planning Strengthens Commitment to Education and Community and Adopts 6th-Grade Class...

Award-winning KTGY Architecture + Planning announced today the firm’s Oakland office, working with the Oakland Public Education Fund, has adopted a 6th-grade class at Madison Park Business & Art Academy, which has served the East Oakland community since 1959. “KTGY’s Oakland office has actively served this community for more than 11 years,” said Jill Williams, AIA, chairman of KTGY Architecture + Planning based in the firm’s Oakland office.
ICE

US files 9 lawsuits seeking forfeiture of properties worth over $30 million allegedly bought...

Federal prosecutors have filed civil complaints seeking the forfeiture of nine real properties across Southern California that were allegedly purchased with proceeds generated by a fraudulent scheme that collected more than $50 million from foreign investors seeking “green cards” through the EB-5 visa program.
DG Pitkin LA

The Boulder Group Arranges Sale of Triple Net Lease Dollar General in Pitkin, LA

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant new construction Dollar General located at 12904 Highway-10 in Pitkin, Louisiana for $1,117,300

Transportation Appropriations Chairman Diaz-Balart Announces Florida DOT Grant Awards

Congressman Mario Diaz-Balart (FL-25) issued the following statement after the Department of Transportation announced Positive Train Control grant awards for FY17. Diaz-Balart is Chairman of the Transportation, Housing and Urban Development (THUD) Appropriations Subcommittee
Lane Hornung-zavvie

Startup zavvie helps Colorado homeowners find the “savvy” real estate agents

To characterize Molly and Michael Rowells as experienced home sellers is an understatement, considering that collectively, they've moved more than a dozen times. The couple has four children and both are retired U.S. military veterans.

HOUSTON NEW HOME SALES ARE UP, DAYS ON MARKET REMAINS UNCHANGED

New home sales in the Houston area are up nearly 12% in the last 12 months, as the pace of new home sales in Houston remained relatively flat in April, according to the HomesUSA.com New Homes Sales Index released today. The number of Days on Market for new homes sold in Houston was stable in April, indicating a continued steady new home sales pace.
Dueker, Scott

CONIFER WELCOMES NEW DEVELOPMENT DESIGN DIRECTOR

Conifer Realty, LLC announced that Scott Dueker has joined the Company to further develop their growing portfolio. Scott Dueker is joining the Development Team with over 20 years of architecture experience
Glenlake

One Glenlake in Central Perimeter is pleased to announce

Cotiviti has leased 66,100 RSF on the 12th, 13th and 14th floors thanks to Joe Terrell with Highgate Partners. Clark, Richardson and Biskup Consulting Engineers has leased 12,931 RSF on the 6th floor thanks to Paul Hanna with JLL

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NREL

NREL Announces Participants for 2017 Executive Energy Leadership Program

The U.S. Department of Energy's National Renewable Energy Laboratory (NREL) has selected 22 leaders to participate in its 2017 Executive Energy Leadership program (Energy Execs). Energy Execs provides non-technical business, governmental, and community leaders throughout the country an opportunity to learn about renewable energy and energy efficiency technologies, analytical tools, and financing to guide their organizations and communities in energy-related decisions and planning

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Skyline-A-Wilbert-PR-Company

SG Property Services Adds Two Medical Buildings to Portfolio

Property Services, an Atlanta-based real estate firm with a focus on healthcare and professional office development, has acquired Johns Creek Medical and The Swan Building for a combined $11.9 million. The two properties, located at 6918 McGinnis Ferry Road in Johns Creek and 4165 Old Milton Parkway in Alpharetta, total 55,664 square feet.