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Commercial

The Boulder Group Arranges Sale of PNC Bank Ground Lease

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant PNC Bank Ground Lease located at 1996 Freedom Parkway in Washington, IL for $1,300,000

CBRE’s Philip D. Voorhees and NRIG-West Team Complete Sale of Repositioned Orange County Mall

CBRE Executive Vice President Philip D. Voorhees announced today that he and the National Retail Investment Group – West (NRIG-West) team completed the sale of Buena Park Downtown, a 535,016-square-foot repositioned mall in the city of Buena Park, Calif., anchored by a John’s Incredible Pizza, Krikorian Theatres, 24 Hour Fitness, Ross Dress for Less, Bed Bath & Beyond, TJ Maxx, DSW, Big Air Trampoline, along with a complementary mix of pad and shop tenants.

The Boulder Group Publishes Net Lease Auto Parts Store Market Research Report

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

The Boulder Group Arranges Sale of Single Tenant Net Leased Walgreens in the City...

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Walgreens property located at 3019 W Peterson Avenue in Chicago, IL for $9,250,000.

MEREDA’s Morning Menu – Show Me the Money: Commercial Real Estate Financing Trends

It has been said that the real estate market has “recovered” and buy/sell activity has been strong in just about every category of property in 2015 with expectations that prosperity continue into 2016. This was confirmed by industry experts at our Annual Forecast Conference this past January.

KTGY Names Jill D. Williams to the Position of Chairman of the Board

International award-winning firm KTGY Architecture + Planning has named Jill D. Williams, AIA, to the position of chairman of the board, it was announced today by CEO Tricia Esser. Stan Braden, AIA, NCARB, steps down as chairman while continuing his responsibilities to the firm’s studios and client relationships

Hanley Investment Group Negotiates Sale of Grocery-Anchored Shopping Center in Harlan KY

Hanley Investment Group, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that Executive Vice President Eric Wohl negotiated the sale of Woodland Plaza, an 87,855-square-foot grocery-anchored shopping center in Harlan, Kentucky. Wohl represented both the buyer, Coastal Equities in Weston, Florida, and the seller, RCG Ventures of Atlanta, Georgia.

KTGY Architect Manny Gonzalez Elevated to the AIA College of Fellows

International award-winning firm KTGY Architecture + Planning is pleased to announce that Principal Manny Gonzalez was elevated to the prestigious College of Fellows of the American Institute of Architects (AIA) for his contributions to the 55+ housing industry. Fellowship is one of the highest honors the AIA can bestow upon a member.

The Boulder Group Arranges Sale of Single Tenant Net Leased Jiffy Lube

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Jiffy Lube property located at 660 North Grandstaff Drive in Auburn, IN for $594,110.

Los Angeles’ New Homes in Eagle Rock Opened Four Days Ago, Over Half the...

Planet Home Living’s community in Eagle Rock, PRISM, has only been open four days now and over half the homes have already been sold.  “We wanted to build something truly unique and are happy with how well the community has been accepted and how extremely popular it has become,” said Planet Home Living CEO Michael Marini.

NAIOP Honors Outstanding Chapters and Individuals for Their Contributions

Recognizing the best in special events, publications, membership, legislative advocacy and more, the Chapter Merit Awards are presented annually at NAIOP’s Chapter Leadership & Legislative Retreat in Washington, D.C. Recipients are selected by a committee of their peers comprised of volunteer judges.

The Boulder Group Arranges Sale of Single Tenant Net Leased Verizon Wireless

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Verizon Wireless property located at 6501 Wilkinson Blvd in Belmont, North Carolina for $1,392,400.

The Boulder Group Arranges Sale of Single Tenant Net Lease Dollop Coffee Retail Condominium...

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net lease Dollop Coffee retail condominium located at 1000 North Damen Avenue in Chicago, IL for $405,000.

The Boulder Group’s Sale of Net Leased LA Fitness Sets Cap Rate Record

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a trophy single tenant LA Fitness property located at 6107 North Broadway in Chicago, IL for $9,500,000. The Boulder Group has once again set a new CoStar record with the closing of this trophy LA Fitness property. According to CoStar, the 5.63% cap rate represents the lowest sold cap rate ever recorded for a single tenant LA Fitness property.

Pepperdine University Graziadio School Collaborates with MBA to Launch Executive Certificate in Commercial Real...

David H. Stevens, CMB, President and CEO of the Mortgage Bankers Association (MBA) announced today that the trade group is collaborating with Pepperdine University Graziadio School of Business and Management as they offer a six-month Executive Certificate in Commercial Real Estate, beginning in March 2016. The program aims to accelerate higher-level career opportunities for commercial real estate professionals.

Volume of Commercial/Multifamily Mortgages Maturing Grows Fifty-One Percent Year-over-Year

Eleven percent or $183.3 billion of $1.7 trillion of outstanding commercial and multifamily mortgages held by non-bank lenders and investors will mature in 2016, a 51 percent increase from the $121.0 billion that matured in 2015, according to today's release of the Mortgage Bankers Association's 2015 Commercial Real Estate/Multifamily Survey of Loan Maturity Volumes. Maturities will grow to $208 billion in 2017

Commercial/Multifamily Originations End the Year Strong

Commercial and multifamily mortgage originations increased 35 percent between the third and the fourth quarters of 2015, and were up 19 percent compared to the fourth quarter of 2014, according to the Mortgage Bankers Association's (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations. MBA's commercial/multifamily mortgage bankers' originations index provides a preliminary estimate that originations for the full year 2015 were 24 percent higher than in 2014.

Meridian Buys Medical Office Building in Pasadena, Calif. for $37.5 Million

Meridian, 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 Cotton Medical Center, a 115,000-square-foot medical office complex in Pasadena, California. The sale price was $37.5 million. This purchase represents the largest building acquisition for Meridian and Meridian’s eighth medical office building transaction in the last 12 months.

The Boulder Group Arranges Sale of Single Tenant Net Leased Florida Walgreens

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Walgreens property located at 2075 US Highway 1 South in St. Augustine, Florida for $3,150,000.

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 9300 East Gregory Boulevard in Raytown, Missouri for $6,000,000.

Recent Boulder Group Press Releases

The Boulder Group Arranges Sale of Single Tenant Net Leased Chicago...

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased CVS property located at 7929 North Ave in River Forest, Illinois for $6,770,000.

Recent Boulder Group in News

REJournals

Commercial Real Estate Hall of Fame: The Boulder Group’s Randy Blankstein

Each year, Midwest Real Estate News elects a new class to its Midwest Commercial Real Estate Hall of Fame. Our 2018 class has just been announced, and copies of that issue have been sent.

Recent Boulder Group Events

Net Lease Summit Conference

The Boulder Group’s President To Chair Net Lease Summit Conference |...

4th Annual Net Lease Summit July 26, 2018 • Chicago, IL. Randy Blankstein will be serving as Chairman and will be moderating the State of the Net Lease Market panel.