RealEstateRama Property, Rentals, Transactions
U.S. Commercial Real Estate Development and Operations Supports 7.6 Million Jobs, Contributes $935.1 Billion...
New development and ongoing operations of existing commercial real estate buildings in the United States – office, industrial, warehouse and retail – generates significant economic growth at the state and national levels. The combined impact: Commercial real estate supported 7.6 million American jobs and contributed $935.1 billion to U.S. GDP in 2017
After seeing a modest three-month rise in activity, pending home sales cooled considerably in January to their lowest level in over three years, according to the National Association of Realtors®. All major regions experienced monthly and annual declines in contract signings last month.
Meridian, a full-service real estate developer and owner of medical office real estate, is pleased to announce that it has completed ground-up construction of a 10,000-square-foot single-tenant medical office building located in Alameda County at 20359 Lake Chabot Road in Castro Valley, California. The building is situated on the main arterial road leading to Sutter Health’s Eden Medical Center Campus, one block from the hospital, in the valley’s medical corridor.
Because home prices are relatively lower overseas, and the U.S. dollar has risen tremendously, more Americans are opting to buy real estate abroad, according to an article by CNNMoney. Most Americans are choosing to improve their financial positions by increasing their investment in international real estate, especially in the European markets.
The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Walgreens property located at 820 183rd Street in Homewood, Illinois for $2,925,000. The 13,905 square foot Walgreens is positioned just off of the signalized intersection of 183rd Street and Halsted Street which experiences a combined traffic count of 52,300 vehicles per day.
National Association of Realtors® President Elizabeth Mendenhall, a sixth-generation Realtor® from Columbia, Missouri and CEO of RE/MAX Boone Realty, issued the following statement regarding the IRS announcement clarifying tax deductions taken on home equity loans, lines of credit or second mortgages
Mice are a constant issue in Canadian homes and businesses, and it’s only been getting worse in the last few decades based on Power Pest Control. The main reason is simple: where you find people, you’ll find mice. Where you find large concentrations of people living in close quarters, you’ll find even more mice.
The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased 7-Eleven property located at 8211 Old Centreville Road in Manassas, Virginia for $1,330,000. The 2,640 square foot 7-Eleven is positioned on the southeast corner of Old Centreville Road and Maplewood Drive in a densely populated residential area of Manassas.
San Diego rental home or property is just as important as caring for the home you live in yourself. Whether you rent out a single-family home, multi-family or other investment property, maintenance is an important part of extending its life and helps avoid having to make major repairs.
Existing-home sales slumped for the second consecutive month in January and experienced their largest decline on an annual basis in over three years, according to the National Association of Realtors®. All major regions saw monthly and annual sales declines last month.
Hanley Investment Group Represents Phillips Edison in Sale of Grocery-Anchored Retail Center in Denver...
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 Presidents Eric Wohl and Kevin Fryman, along with President Ed Hanley, represented Phillips Edison & Company, Inc., the seller, in the sale of a Safeway-anchored 87,697-square-foot shopping center in the Denver metro area. Hanley Investment Group also represented the buyer, Midtown National Group, LP of San Diego, California, in the transaction.
International award-winning KTGY Architecture + Planning has named Jeremy Agraz as national development director, CEO Tricia Esser announced today. “We’re excited to welcome Jeremy Agraz to this national development role, confident that his passion for the built environment and his dedication to pursuing strategic goals will make a meaningful contribution to the long-term success of our firm,” Esser said. “Jeremy’s proven professional accomplishments and unique approach to development align with our firm’s vision of a continual search for better.”
International award-winning firm KTGY Architecture + Planning is pleased to announce the addition of Kamran Charmsaz, CSI, CCCA, LEED AP, as a shareholder. Charmsaz, formerly an associate principal with KTGY, was also named a principal. Charmsaz is based in the firm’s Tysons, Virginia office and joins other KTGY Tysons shareholders: Rohit Anand, AIA, NCARB, principal; and Smita Anand, AIA, principal
International award-winning firm KTGY Architecture + Planning is pleased to announce the addition of Jessica Musick as a shareholder. Musick, formerly an associate principal with KTGY, was also named a principal. Based in the firm’s Oakland, California office, Musick joins other KTGY Oakland shareholders: Jill D. Williams, AIA, principal and chairman of the board; and Bill Ramsey, AIA, NCARB, principal.
International award-winning firm KTGY Architecture + Planning is pleased to announce the addition of Wil Wong, AIA, to its board of directors. Wong is a principal based in the firm’s Irvine, California office. “KTGY’s board of directors is elected by the firm’s shareholders and sets the big-picture vision for direction