Archives

Meridian Castro Valley

Meridian Completes Construction of 10,000 SF Medical Office Building in Alameda County

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.
Jessica Musick

Jessica Musick Becomes Shareholder of KTGY Architecture + Planning

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.
Wil Wong

Wil Wong, AIA, Joins the Board of Directors of KTGY Architecture + Planning

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
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Hanley Investment Group Arranges Sale of Single-Tenant School in Sacramento for $7.9 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 has arranged the sale of a single-tenant triple-net absolute investment at 9036 Calvine Road in Sacramento, California, occupied by Merryhill Schools. The purchase price was $7.9 million
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Hanley Investment Group Arranges Sale of Mixed-Use Coastal Property in North San Diego County...

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 has completed the sale of Roosevelt Plaza @ Carlsbad Village, a 19,950-square-foot three story mixed-use property comprised of retail, creative office and residential located in the coastal community of Carlsbad in north San Diego County, California. The purchase price was $8,195,000, representing a cap rate of 5.33 percent.

Meridian Purchases 29,000 SF Parcel in Downtown Long Beach, CA to Build MOB

Meridian, a full-service commercial real estate developer based in California, is pleased to announce the purchase of three existing buildings on five parcels totaling 29,000 square feet of land located in Downtown Long Beach at 1078-1090 Atlantic Boulevard. Meridian paid $2.45 million for the property, which is located across the street from Dignity Health’s St. Mary’s Medical Center, a 389-bed, Level II Trauma Center. Meridian plans to spend approximately $3.1 million on the development of a new, single-story 9,200-square-foot ambulatory, out-patient clinic
InShape Health Club

Hanley Investment Group Negotiates Sale of Single-Tenant In-Shape Health Clubs in Contra Costa County

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 has completed the sale of a single-tenant In-Shape Health Clubs asset in Contra Costa County, located at 180 Griffith Lane in Brentwood, California
South Cove

South Cove, First New For-Sale Residential Development in Dana Point to Open in Decades

International award-winning firm KTGY Architecture + Planning is pleased to announce the recent opening of the KTGY-designed residential models at South Cove in Dana Point, California. Built by San Diego-based real estate development company Zephyr, this is Dana Point’s first new for-sale residential development to open in decades. South Cove is a unique, barefoot community that exudes laid-back luxury in a highly-coveted coastal setting at the southern gateway of Dana Point.
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360 5th Street in San Francisco’s SoMa District Gets Green Light

International award-winning firm KTGY Architecture + Planning announced today that the new mixed-use residential community at 360 5th Street in San Francisco, developed by Trammell Crow Residential (TCR) and designed by KTGY, was recently approved by the planning commission. The new $95 million development located in San Francisco’s SoMa (South of Market Street) district includes 127 apartment homes and over 9,300 square feet of retail and creative workspace on .53 acres.
Planet Fitness

Hanley Investment Group Arranges Sale of Single-Tenant NNN Planet Fitness in St. Louis Metro...

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, has completed the sale of a recently renovated 44,864-square-foot single-tenant retail property occupied by Planet Fitness. The property is located approximately 13 miles from downtown St. Louis in Crestwood, Missouri. The price could not be disclosed.
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The Muller Company Partners with Cerberus Capital Management to Recapitalize Office Portfolio in Orange...

The Muller Company, a full-service real estate company specializing in the investment, development and management of commercial real estate in the western United States, announced today the formation of a joint venture with an affiliate of Cerberus Capital Management, L.P. (“Cerberus”), a global leader in alternative investing, for the recapitalization of the firm’s three-property, 841,036-square-foot office portfolio in Orange County, California
The Laguna

Meridian Buys Medical Office Building in Laguna Hills, Calif.

Meridian, a full-service real estate developer and owner of medical real estate, is pleased to announce that the firm has closed escrow on the purchase of The Laguna, a 57,057-square-foot medical office building in Orange County, California. This acquisition expands Meridian’s footprint in Southern California coming on the heels of last year’s purchase of Cotton Medical Center, a 115,000-square-foot, $49 million medical office complex in Pasadena, California, adjacent to the recently completed Shriners Hospitals for Children and near the Huntington Memorial Hospital.
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KTGY-Designed Transit-Oriented Affordable Housing Community Targeting Large Families Breaks Ground

International award-winning firm KTGY Architecture + Planning announces that nonprofit developer, manager and advocate of affordable housing EAH Housing and the City of Emeryville celebrated the ground-breaking of a new 86-unit transit-oriented mixed-use residential development on Wednesday, October 11, 2017, at 3706 San Pablo Avenue in the downtown area of Emeryville, Calif.
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Theo, Mid-Century-Style Apartments Underway in Pasadena

KTGY Architecture + Planning has designed Theo, a new 105-unit multifamily building rising at 289 N. El Molino Avenue in Pasadena, California. KTGY is working with developer Summerhill Apartment Communities, as well as Pasadena Heritage and City of Pasadena Design Commission, on a structure that addresses its historic surroundings.

CalHFA Increases Access to Manufactured Home Loans

The California Housing Finance Agency has released new guidelines for lending on manufactured homes that will increase access to housing for low- and moderate-income homebuyers who use a CalHFA mortgage insured by the Federal Housing Administration
Grunow Medical Center

Meridian Buys Historic Grunow Memorial Medical Center in Phoenix

Meridian, a full-service commercial real estate developer based in California, is pleased to announce the purchase of Grunow Memorial Medical Center, a landmark 51,150-square-foot two-story medical office building located at 926 East McDowell Road in Phoenix, Arizona. The seller was PacVentures, a real estate investment firm based in San Diego, California. Meridian paid nearly $5 million for the 40 percent leased building located near Banner Health University Medical Center’s Phoenix Campus and Phoenix Children’s Hospital. The acquisition of Grunow Memorial Medical Center represents Meridian’s first major transaction outside of California
Seco Canyon

Hanley Investment Group Represents Buyer & Seller in Sale of CVS/pharmacy-Anchored Shopping Center in...

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 Executive Vice President Kevin Fryman represented the buyer and seller in the sale of Seco Canyon Village, a 42,134-square-foot shopping center anchored by CVS/pharmacy located in the Los Angeles metro area. The purchase price was $15,520,000.
Sutter Square

Meridian Buys 174,689 SF Office Building in Concord for $26.2 Million

Meridian, a full-service commercial real estate developer based in California, is pleased to announce the purchase of Sutter Square, a 174,689-square-foot nine-story office building located at 1800 Sutter Street in Concord, California. The seller was the Cranbrook Group of Modesto, California. Meridian paid $26.2 million for the 78 percent leased building located near downtown Concord.
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Hanley Investment Group Negotiates Sale of Newly-Remodeled Community Shopping Center Adjacent to Galleria at...

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 Executive Vice Presidents Bill Asher and Kevin Fryman represented the seller in the sale of Michaels Plaza, a 62,952-square-foot, newly-remodeled regional shopping center anchored by Michaels and located across the street from the 1.2 million square-foot Galleria at Tyler Mall in Riverside, Calif. The sale price was $22,150,000.
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Hanley Investment Group Completes Sale of Shadow-Anchored Target Shopping Center in Lake Elsinore for...

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 represented the buyer and seller in the sale of Oak Grove Crossing, a 22,577-square-foot shopping center shadow-anchored by Target in Riverside County, Calif. Oak Grove Crossing is located at 18283 &18285 Collier Avenue in the city of Lake Elsinore, Calif. The purchase price was $11,565,200.

Business Real Estate Press Releases

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Investec Announces Acquisition of The Esplanade Shopping Center in Oxnard

Investec Real Estate Companies, specializing in the acquisition, development, management and leasing of retail properties in California, is pleased to announce its newest acquisition, The Esplanade Shopping Center in Oxnard, California. The 356,864-­­ square-foot shopping center is anchored by Dick’s Sporting Goods

Recent Gov & Nonprofit Real Estate Press Releases

HUD - U.S. Department of Housing and Urban Development

SECRETARY CARSON TO LEAD WHITE HOUSE OPPORTUNITY AND REVITALIZATION COUNCIL

President Donald Trump signed an Executive Order establishing the White House Opportunity and Revitalization Council and named U.S. Housing and Urban Development (HUD) Secretary Ben Carson as its chairperson.