Business

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 President Jeremy McChesney has completed the sale of a 24,695-square-foot single-tenant net-leased retail property occupied by Harbor Freight Tools at 2101 East Palmdale Boulevard in Palmdale, California. The purchase price was $2.65 million.

Central Valley, a US top-100 building supply company, is pleased to announce the appointment of William (Bill) Robertson as Chief Financial Officer (CFO) effective October 31, 2017. Robertson succeeds David Templeton, who had previously announced his intent to retire after a seven-year career with the company.

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today the group has launched its annual Movember fundraising campaign. This year marks Hanley Investment Group’s seventh year in a row joining the global movement to raise awareness and critical funds for men’s health, by growing a moustache in November.

International award-winning firm KTGY Architecture + Planning announced today that Anthem House in Baltimore, Maryland, was honored by Delta Associates at the firm’s 21st Annual Washington/Baltimore Multifamily Market Overview & Awards for Excellence program. Anthem House won “Best Baltimore Mid-Rise Apartment Community.”

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 President Jeremy McChesney has completed the sale of a single-tenant CVS/pharmacy with a drive-thru at 9407 E. Park Avenue in Houma, the largest city in Terrebonne Parish, Louisiana. The purchase price was $3,350,000.

CoreLogic®(NYSE: CLGX), a leading global property information, analytics and data-enabled solutions provider, today announced the launch of a new Matrix™ system that will serve the Ontario Collective, a group of 13 real estate boards and associations in Ontario. Used by approximately 750,000 real estate professionals across North America, Matrix by CoreLogic is the industry’s leading multiple listing platform

The Boulder Group’s Research Department has released a new research report providing comprehensive numbers and analysis of the recent activity in the National Net Lease Drug Store Market.

International award-winning firm KTGY Architecture + Planning announced today that AVA NoMa in Washington, D.C., was honored by Delta Associates at the firm’s 21st Annual Washington/Baltimore Multifamily Market Overview & Awards for Excellence program. AVA NoMa won “Best Washington/Baltimore High-Rise Apartment Community.”

International award-winning firm KTGY Architecture + Planning is proud to announce its participation in the first affordable housing communities for low-income families in Irvine’s master planned community of Great Park Neighborhoods, which celebrated its grand opening on October 27, 2017. Luminaira at Parasol Park was developed by FivePoint Holdings, LLC, Related California and RCC Charitable (Riverside Charitable Corporation). Espaira at Parasol Park was developed by FivePoint, Related, and ETHIC Housing Trust (El Toro Housing Initiative Collaboration).

CoreLogic®(NYSE: CLGX), a leading global property information, analytics and data-enabled solutions provider, today announced it has successfully converted 46 data recipients of the Central Texas Multiple Listing Service (CTXMLS) to Trestle™. CTXMLS is a regional service provider operated by five REALTOR®associations with approximately 3,600 members.

Southern New Jersey Development Council hosted its annual Distinguished Achievement Awards Reception honoring outstanding individuals, organizations and companies in the public and private sectors for leadership in economic development.

New home sales and prices improved in Texas, but took slightly longer to sell in September, according to HomesUSA.com® New Homes Sales Index and other data released today. The Index is 12-month rolling average of the Days on Market for new homes listed in the local Multiple Listing Services (MLSs) for the four largest Texas markets, including Houston, Dallas-Ft. Worth, Austin and San Antonio.

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, and SRS Real Estate Partners, the largest retail-focused real estate brokerage and advisory firm in North America specializing in property sales, leasing, and tenant representation, announced today that Executive Vice President Eric Wohl of Hanley Investment and Senior Vice President Michael Walseth of SRS’ National Net Lease Group, represented the seller in the sale of a brand new single-tenant McDonald’s ground lease in the City of Azusa, Calif.

The Austin Board of REALTORS® (ABoR), one of the nation’s most progressive Multiple Listing Services (MLSs), announced today that Stan Martin has been promoted to Director of MLS. Effective immediately, Stan will assume the responsibility for leading efforts to continue to drive strategic relevance and operational excellence of the MLS for ABoR in partnership with its Board of Directors.

CoreLogic®(NYSE: CLGX), a leading global property information, analytics and data-enabled solutions provider, today announced an agreement to offer SavvyCard® to its multiple listing clients as a new social marketing service that helps subscribers deepen relationships with clients and prospects

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

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.

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 President Jeremy McChesney has completed the sale of a single-tenant net-leased retail property occupied by Circle K at 5850 W. Indian School Road in Phoenix, Arizona. The purchase price was $1,300,000, which represented a cap rate of 4.62 percent, the lowest recorded closing cap for a Circle K in the U.S. in 2017, according to CoStar.

Warner Pacific Properties, a real estate investment and development company, announced today the opening of a new T.J.Maxx/HomeGoods combo store at the newly repositioned Monrovia Landing at 735 and 737 E. Huntington Drive (Historic Route 66) and S. Shamrock Avenue, in the City of Monrovia, California. The new store will celebrate its grand opening on Sunday, October 22nd, at 8:00 a.m.