Property, Rentals, Transactions

McDonald’s Study Explores Idea of a Net Zero Energy Quick Service Restaurant

WASHINGTON, D.C. – January 30, 2015 – (RealEstateRama) — Through a recently completed study, McDonald’s Corporation seeks to better understand whether it would be feasible to develop a net zero energy[i] (NZE) quick service restaurant. Exploring net zero energy continues McDonald’s tradition of energy efficiency efforts, and helps to prepare McDonald’s for future energy codes. The study’s findings, including research, technical analyses, and detailed recommendations, form a roadmap for McDonald’s to pursue future net zero energy restaurants, as well as select energy efficiency solutions for existing restaurants.

Meridian Acquires 74,000 SF Professional Office Building in Pleasanton, California

SAN RAMON, CALIF. – January 30, 2015 – (RealEstateRama) — Meridian Property Company, a full service real estate developer and owner of medical real estate, is pleased to announce that it has closed escrow on the purchase of The Atrium, a 74,000-square-foot professional office building located in Alameda County at 5776 Stoneridge Mall Road in Pleasanton, California. Meridian purchased the property from Los Angeles-based Downtown Properties in an off-market transaction. Simon Vogt of Lee & Associates-East Bay in Pleasanton represented Meridian. Downtown Properties was represented by Katherine J. Kelleher of CBRE in Oakland, Calif. The sales price could not be disclosed.

Realtors® Support FHFA Director Watt’s Efforts to Promote Affordable Homeownership

WASHINGTON – January 29, 2015 – (RealEstateRama) — The following is a statement by National Association of Realtors® President Chris Polychron: “Realtors® support responsible lending to qualified buyers, which is essential for building strong communities. The new low down payment mortgage program introduced last month by Federal Housing Finance Agency Director Mel Watt will safely serve creditworthy borrowers who lack the resources for substantial downpayments plus closing costs while mitigating risk with strong underwriting

NAREE Issues a Call for Entries for 65th Annual Journalism Competition

BOCA RATON, Fla. – January 28, 2015 – (RealEstateRama) — The National Association of Real Estate Editors has issued a call for entries for NAREE’s 65th Annual Journalism Competition. Twenty-five categories will recognize excellence in digital, print and broadcast journalism.

South Carolina REALTORS® Release 2014 Year-End Market Numbers

COLUMBIA, S.C. – January 28, 2015 – (RealEstateRama) — South Carolina REALTORS® (SCR) today released its 2014 Year-End Statewide Market Report and video.

Cushman & Wakefield adds Heck, Avelar

MELVILLE, N.Y., – January 28, 2015 – (RealEstateRama) — Cushman & Wakefield’s Long Island office has added two more commercial real estate professionals to its rapidly growing roster.

CBRE BRINGS GRAND CAYMAN MARRIOTT BEACH RESORT TO MARKET

Miami, FL – January 26, 2015 – (RealEstateRama) — CBRE Hotels has been engaged to market the Grand Cayman Marriott Beach Resort, located on a 4.74-acre oceanfront site at 389 West Bay Road on Grand Cayman Island. The 295-room, five-story property offers 300 feet of beachfront on the island’s world-renowned Seven Mile Beach. CBRE Hotels’ Christian Charre, Paul Weimer and Natalie Castillo, along with BluePoint’s Fleur Vagniez, are marketing the property

REALTOR® Magazine Seeks Entries for 2015 Volunteering Works Program

WASHINGTON – January 23, 2015 – (RealEstateRama) — Realtors® not only help people realize their dream of homeownership, they also volunteer countless hours to help improve the communities in which they live and work. For seven years, REALTOR® Magazine’s Good Neighbor Society has helped Realtors® broaden and shape their charitable efforts through the Volunteering Works grant and mentoring program. The program, which matches expert mentors to Realtors® who are looking to expand and improve their community service outreach, is seeking entries through February 27, 2015.

Existing-Home Sales Rebound in December, 2014 Total Sales Finish 3 Percent Below 2013

WASHINGTON – January 23, 2015 – (RealEstateRama) — Despite low inventory conditions, existing-home sales bounced back in December and climbed above an annual pace of 5 million sales for the sixth time in seven months, according to th

National Architecture + Planning Firm KTGY Names New Shareholders

IRVINE, CALIF. – January 22, 2015 – (RealEstateRama) — Award-winning national architecture and planning firm KTGY Group, Inc., has named three new shareholders. They are Alan Scales, AIA, and principal of residential design for the low density studio for the Southern California market; Brittany Choisnet, chief financial officer; and William Ramsey, AIA, LEED AP, and principal of residential design for the low density studio for Nevada

Yakima REALTORS® honor Commission as “Partner of the Year” for homebuyer classes

YAKIMA – January 22, 2015 – (RealEstateRama) — The Washington State Housing Finance Commission has been recognized by the Yakima Association of REALTORS® as Partner of the Year.

Chicago Real Estate Volume Up 14 Percent – Top Producers Volume Up 21 Percent

WASHINGTON, D.C. – January 22, 2015 – (RealEstateRama) — Chicago Agent magazine released the numbers and ranks the top 20 agents and brokerage offices in Chicagoland’s six counties. Chicagoland’s top five residential real estate offices closed over $4,550,000,000 in 2014, showing an increase of more than 14% over 2013. @properties offices led the brokerages once again with offices in the number one and two positions, both showing significant gains from 2013 while Coldwell Banker Lincoln Park was third with modest gains over last year.

CBRE BROKERS SALE OF LARGE DEVELOPMENT SITE IN MIAMI’S EDGEWATER NEIGHBORHOOD

Miami, FL – January 22, 2015 – (RealEstateRama) — CBRE arranged the sale of a vacant 7.35-acre development site in the Edgewater neighborhood of downtown Miami. A Florida-based private company acquired the site at the corner of NE 2nd Avenue and 17th Street from BDB Miami LLC for $64 million. This transaction is one of the largest non-waterfront land transactions to be completed in the Edgewater area. The site is zoned for mixed-use with rights to build up to 3 million square feet of residential, retail, hotel and office.

NREL Reports Examine Economic Trade-offs of Owning versus Leasing a Solar Photovoltaic System

WASHINGTON, D.C. – January 22, 2015 – (RealEstateRama) — Two new reports from the Energy Department’s National Renewable Energy Laboratory (NREL) examine the economic options customers face when deciding how to finance commercial or residential solar energy systems. NREL analysts found that businesses that use low-cost financing to purchase a photovoltaic (PV) system and homeowners who use solar-specific loans can save up to 30 percent compared with consumers who lease a PV system through a conventional third-party owner

NAI Capital Represents Both Sides in Sale and Purchase of Boutique Retail Center in Agoura Hills for $5,650,000 Million

AGOURA HILLS, CA – January 21, 2015 – (RealEstateRama) — From NAI Capital’s Westlake Village office, Ken Simons represented the seller, Agoura Hills Shopping Center Capital LLC, and Rod Delson, represented the buyer, GJD Holdings, LP, in the sale and purchase of a boutique retail shopping center located at 29020 Agoura Road in Agoura Hills, CA. The value of the sales transaction was $5,650,000 Million

Give NAIOP Five: Video News Update

WASHINGTON, D.C. – January 21, 2015 – (RealEstateRama) — Tune in to Give NAIOP Five — a video news update on what’s happening in NAIOP and commercial real estate. Spend a few minutes hearing about legislative successes, the Research Foundation’s newest reports, and the 2015 slate of conferences and events, including the new O.CON: The Office Conference and courses offered on-demand.

CBRE CAPITAL MARKETS ARRANGES $66.25 MILLION SALE OF LUXURY APARTMENT COMMUNITY IN LAKE MARY, FL

Orlando, FL – January 21, 2015 – (RealEstateRama) — CBRE Capital Markets arranged the sale of Sun Lake Apartment Homes, a 600-unit luxury apartment community in Lake Mary, Florida to Ecoventures Capital Fund, LLC for $66.25 million. Located at 420 Sun Lake Circle, the transaction is the second largest apartment complex sale in Greater Orlando in 2014

Jamestown Home on Scarlet Drive in Alpharetta Sold by The Mary Ellen Vanaken Team

WASHINGTON, D.C. – January 20, 2015 – (RealEstateRama) — This home on Scarlet Drive sold for $353,615 which was over $10,000 more than the listing price. The Mary Ellen Vanaken Team real estate agents were excited to help the new homeowners purchase this property in the sought after community of Jamestown

CBRE ARRANGES SALE OF CANYON RANCH HOTEL AND SPA

Miami Beach, FL – January 20, 2015 – (RealEstateRama) — CBRE Hotels and CBRE Capital Markets, Multifamily have arranged the marketing and sale through bankruptcy auction of the Canyon Ranch Hotel and Spa at 6801 Collins Avenue in Miami Beach, FL. Private equity firm Z Capital Partners, LLC was approved by the United States Bankruptcy Court Southern District of New York as the successful bidder in the auction process. Z Capital, which acquired the property for $21.6 million, intends to transform it into a new five-star hotel venture called the Carillon Hotel and Spa.

Year End Home Sales Bounce Back

WASHINGTON, D.C. – January 20, 2015 – (RealEstateRama) — The following is an excerpt from the monthly RE/MAX National Housing Report (full report attached and also available on www.remax.com/newsroom). For more information, contact Shaun White at (303) 796-3405.