Sunday, April 28, 2024

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Calmwater Capital

CALMWATER CAPITAL PROVIDES ACQUISITION AND REDEVELOPMENT LOAN FOR PNC PLAZA BUILDING IN DOWNTOWN COLUMBUS

Calmwater Capital, a Los Angeles-based provider of commercial real estate debt, has originated a senior secured term loan to Edwards Companies for its acquisition and redevelopment of a 362,720-square-foot office building in Downtown Columbus, Ohio. The sponsor plans to redevelop the property, located at 155 E. Broad St., into a mixed-use property comprising residential, office and hotel space.
CoreLogic

CORELOGIC TO INTEGRATE CENTRALIZED SHOWING SERVICE WITH MATRIX

CoreLogic® (NYSE: CLGX), a leading global property information, analytics and data-enabled solutions provider, today announced a new agreement to integrate Centralized Showing Service (CSS) functionality with its real estate solutions, including the Matrix™ multiple listing platform. With four call centers serving more than 200,000 agents across the U.S., CSS is the nation’s leader in real estate showing management.
Shopko Manitowoc WI

The Boulder Group Arranges Sale of Single Tenant Net Leased Shopko

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Shopko property located at 3415 Calumet Avenue in Manitowoc, Wisconsin for $10,124,000. The 87,905 square foot Shopko property is strategically located at the signalized intersection of Calumet Avenue and 35th Street. Calumet Avenue is the primary east-west thoroughfare in the trade area.
Benjamin Kasdan

Benjamin Kasdan, AIA, Director, Design at KTGY Architecture + Planning, Receives 2017 National AIA...

The American Institute of Architects (AIA) has announced Benjamin Kasdan, AIA, LEED AP, NCARB, director, design for KTGY Architecture + Planning’s multifamily studio, is a recipient of the 2017 AIA Young Architects Award. Young Architects are defined as professionals who have been licensed 10 years or fewer regardless of their age.
Net Lease Auto Parts Research Report

The Boulder Group Publishes Net Lease Auto Parts Research Report

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 Auto Parts Market. An 8 basis point decrease in cap rates for auto parts store properties from the fourth quarter of 2015 to the fourth quarter of 2016
JosABank_Sleep Number

Hanley Investment Group Arranges Purchase of New Two-Tenant Net-Lease Investment in Reno, Nev. for...

Hanley Investment Group, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm arranged the purchase of a new construction two-tenant net-lease retail investment in Reno, Nev. The 7,624-square-foot building is located at 6350 S. Virginia Street and is occupied by Jos. A. Bank and Sleep Number. The purchase price was $4.9 million, which represented a cap rate of 6.48 percent
Eric Wohl

Phillips Edison Sells Five Shopping Centers Totaling 583,000 SF

Hanley Investment Group, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that in separate transactions Hanley Investment Group's Executive Vice President Eric Wohl served as advisor in bringing the buyer and seller together in the sale of five shopping centers owned by Cincinnati, Ohio-based firm Phillips Edison & Company, one of the nation’s largest owners and managers of grocery-anchored shopping centers. The buyer was Albanese Cormier Holdings, a commercial real estate investment company based in Beaumont, Texas
Manny Gonzalez

Thought-Leader Manny Gonzalez of KTGY to Speak on Housing Trends of Today and Beyond

International award-winning KTGY Architecture + Planning announced today that Manny Gonzalez, FAIA, LEED AP, managing principal of the firm’s Los Angeles office, will serve as keynote speaker for a live webcast scheduled to air on February 22, 2017, at 3:00 p.m. ET on MultifamilyBiz.com, the largest media platform in the multifamily housing industry.
Sky Harbor Towers

Sky Harbor Towers Redevelopment Nearing Completion in Phoenix

The Muller Company, in a joint venture with investment firm Harbert Management Corporation, announced that the $20 million redevelopment of Sky Harbor Towers office complex is nearing completion of its first phase. The 13.6-acre, two-building office campus located at the intersection of Interstate 10 and State Route 143 is anticipated for move in this spring.
Michael Wurzer

FBS Doubles Real Estate MLS Customer Base to 200,000+ in Four Years

Citing a series of “firsts” in software for supporting Multiple Listing Services in real estate – first to offer a native mobile app, first to create a Web API with its Spark API technology, and most recently, first to power on-demand IDX websites for agents – FBS, the real estate industry’s leading innovator of MLS technology, doubled its flagship Flexmls System customer base in just four years to now serve more than 200,000 subscribers.
Walgreens St. Paul MN

The Boulder Group Arranges Sale of Triple Net Lease Walgreens in the Minneapolis, MSA

The Boulder Group, a net lease investment brokerage firm, has completed the sale of a single tenant net lease Walgreens property located at 1180 Arcade Street in St. Paul, Minnesota for $6,500,000.
ULTA Rendering

Hanley Investment Group and Coldwell Banker DuFour Realty Arrange Sale of New Single-Tenant ULTA...

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, in conjunction with Coldwell Banker DuFour Realty, announced today that the two firms completed the sale of a new construction single-tenant net-leased retail property occupied by ULTA Beauty at 2068 Dr. Martin Luther King Jr. Parkway in Chico, Calif. The sales price could not be disclosed. More...
Ron Penir-OpesAdvisors

Opes Advisors named Top Purchase Lender in San Luis Obispo County for second consecutive...

Real Estate Market Reports named Opes Advisors as San Luis Obispo County’s leading purchase lender for 2016. The company handled a total of 282 home purchases and 201 refinances last year, placing it in the top spot among local lenders for the second consecutive year. More...
Crescent Perimeter

Crescent Communities Starts Construction on Apartment Community in Atlanta’s Perimeter

Crescent Communities, has secured financing for an upscale for-rent multifamily community now under way in Atlanta’s booming Perimeter neighborhood. The community, Crescent Perimeter, will consist of 320 apartments units ranging from one to three bedrooms. Situated at 5755 Glenridge Road in Sandy Springs, Georgia, the contemporary community will be four and five stories surrounding a parking deck within the 26-acre Lakeside office park just north of I-285.
Fetch Shipping Container Rendering4

Renderings Revealed for Fetch, a Restaurant and Dog Park Coming Soon to O4W

Fetch has released the first renderings of the restaurant and dog park bar concept coming to Atlanta’s Old Fourth Ward neighborhood. Fetch is the first restaurant concept by Atlanta businessman Stephen Ochs and his business partner, Garrett Reynolds. The restaurant is expected to open this Fall. More...
The Parkat Perimeter Center

Grubb Properties Selects JLL to Market The Park at Perimeter Center East – The...

JLL today announced that Grubb Properties engaged its Agency Leasing group to market and lease The Park at Perimeter Center East. JLL Associates Liz Koteles and David Horne will oversee leasing for the three-building office park. Charlotte-based Grubb Properties acquired the 19.5-acre property in 2015, representing the firm’s first office investment in Atlanta. More...
Walgreens Jacksonville FL

The Boulder Group Arranges Sale of Single Tenant Net Leased Walgreens

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Walgreens property located at 3505 University Blvd W in Jacksonville, Florida for $5,150,000. More...
Research Report

The Boulder Group Publishes Net Lease Big Box Research Report

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 Big Box Market.
FedEx Jackson, MS

The Boulder Group Arranges Sale of a Net Lease FedEx Office Property

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased FedEx Office property located at 226 E Capitol Street in Jackson, Mississippi for $490,000. More...
The California State Historical Resources Commission

AFFORDABLE SENIOR HOUSING IN CAPITOL HEIGHTS NOW OPEN

Conifer is pleased to announce that a brand new, 120-unit, senior apartment community in Capitol Heights is now open! Located at 2011 Brooks Drive in District Heights, Conifer Village at Oakcrest offers individuals 62 and older an affordable, one or two bedroom, high-quality, state-of-the-art apartment home with many amenities. Each apartment home includes energy efficient appliances, patio or balcony, a fully-equipped fitness room and great room for social events.

Business Real Estate Press Releases

Support Ukrainian Refugees

GFP Real Estate and Its Tenants Raise More Than $200,000 to...

GFP Real Estate is pleased to announce that its "Support Ukraine in Crisis" campaign raised more than $200,000 to support humanitarian relief efforts on the ground in Ukraine.

Recent Gov & Nonprofit Real Estate Press Releases

The Impact of High Speed Rail on Real Estate in China

In recent years, the interplay between high-speed rail (HSR) systems and land markets has emerged as a topic of significant interest. Despite the growing attention, the specific effects and underlying mechanisms of HSR on land prices have not been extensively studied. Our research aims to bridge this gap by analyzing China's land transaction data.