Archives

GPE EXCEEDS $100 MILLION REVENUE FOR 2012; A RESULT OF “WORK ETHIC”, “EXCEPTIONAL CLIENT...

Phoenix, AZ - February 6, 2013 - (RealEstateRama) -- GPE Commercial Advisors, a local industry cornerstone and leading third-party commercial real estate firm have...

Crescent Resources Selects Little for Design and Master Planning of South Tryon Commercial Property...

WASHINGTON, D.C. - February 6, 2013 - (RealEstateRama) -- Crescent Resources has selected Little, a diversified architectural consulting firm, to begin design and master planning for a signature property that Crescent has assembled at South Tryon and East Stonewall streets in Uptown Charlotte. Little has been asked to review a full range of options for the strategic location, which predominantly will feature office space but also may include a mix of uses including hospitality, retail and multi-family.

Chris Valli and Bruce Clark of Surterre Properties® Team Up to Sell Shady Canyon®...

WASHINGTON, D.C. - February 5, 2013 - (RealEstateRama) -- Surterre Properties® agents Chris Valli and Bruce Clark ended 2012 on a stellar note, closing the sale on a luxurious Shady Canyon® homesite in late December. Showcasing serene views of the canyons and hillsides, the sprawling lot boasts a picturesque canvas on which the client’s dream home was built – a perfect venue to enjoy the opulent lifestyle that’s unique to Irvine’s prized Shady Canyon enclave.

Duke Realty Leases 66% of Newly Acquired 288,000 SF Industrial Building

Chicago, IL - February 5, 2013 - (RealEstateRama) -- Duke Realty Corporation (Duke Realty), a leading nationwide REIT (Real Estate Investment Trust) specializing in the ownership, management and development of bulk industrial facilities, announced today that it has acquired 335 W. Crossroads, a 288,000-square-foot industrial building, and has leased 190,080 square feet in the building to RTC Industries.

MBA Releases 2012 Year-End Commercial/Multifamily Servicer Rankings

San Diego, CA - February 4, 2013 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today released its year-end ranking of commercial and multifamily mortgage servicers as of the end of December 31, 2012. At the top of the list of firms is Wells Fargo with $429.1 billion in U.S. master and primary servicing, followed by PNC Real Estate/Midland Loan Services with $337.6 billion, Berkadia Commercial Mortgage LLC with $197.3 billion, Bank of America Merrill Lynch with $112.5 billion, and KeyBank Real Estate Capital with $101.2 billion.

MBA Forecasts $254 Billion of Commercial/Multifamily Mortgage Originations in 2013, Up 11% From 2012

San Diego, CA - February 4, 2013 - (RealEstateRama) -- In its second annual forecast of the commercial/multifamily real estate finance markets, the Mortgage Bankers Association (MBA) projects originations of commercial and multifamily mortgages will grow to $254 billion in 2013, an increase of 11 percent from 2012 volumes, and continue to rise to $289 billion in 2015. Originations of multifamily mortgages are forecast at $100 billion in 2013.

Commercial/Multifamily Mortgage Originations Up 49 Percent in Q4, Up 24 Percent for Year

San Diego, CA - February 4, 2013 - (RealEstateRama) -- Commercial and multifamily mortgage originations increased 49 percent between the third and the fourth quarters of 2012, and were also up 49 percent compared to the fourth quarter of 2011, according to the Mortgage Bankers Association’s (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations

The Boulder Group Publishes Net Lease Auto Parts Store Research Report

Northbrook, IL - February 4, 2013 - (RealEstateRama) -- 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.

NAREE’s Real Estate and Home and Design Journalism Competition Deadline is March 1

BOCA RATON, FL - February 4, 2013 - (RealEstateRama) -- The deadline is fast approaching for the National Association of Real Estate Editors' 63rd Annual NAREE Journalism Competition for real estate writers and editors. The deadline for entries is March 1, 2013, for work published or aired in 2012.

IBM SOUTHEAST EMPLOYEES’ FEDERAL CREDIT UNION SELECTS CBRE AS EXCLUSIVE MULTI-MARKET OCCUPIER SERVICE PROVIDER...

South FL - January 31, 2013 - (RealEstateRama) -- CBRE has been named as exclusive agency provider by IBM Southeast Employee’s Federal Credit Union (IBM) for their 16-property real estate portfolio of owned and leased office and branch facilities in Florida and Georgia. First Vice President Rick Miller, SIOR, and Senior Associate Tyler Harrison comprise the CBRE team providing tenant advisory services to IBM.

Cushman & Wakefield Arranges $55.8 Million Joint Venture for Beal/Street-Works Team on New Quincy...

Quincy, MA - January 30, 2013 - (RealEstateRama) -- As exclusive advisor to Hancock Adams Associates, Cushman & Wakefield’s Equity Debt and Structured Finance group has arranged a $55.8 million equity investment for the development of Merchants Row, the first component of the over 3.5 million square foot New Quincy Center re-development, located in Quincy, Massachusetts. LaSalle Investment Management is joining Street-Works Development LLC and The Beal Companies, LLC, the co-master developers of New Quincy Center, in providing the equity for Merchants Row.

NAIOP Promotes Christopher Ware as Vice President for Business Development

WASHINGTON, D.C. - January 24, 2013 - (RealEstateRama) -- Ware joined NAIOP and its business development department in 2001 as a sales manager and worked his way up to director of sales, senior director of business development and, now, vice president of business development. Throughout his 11 years at NAIOP, Ware has generated $5.8 million in revenue; doubled sponsorship revenues for the association’s industrial conference, I.con; and increased sponsorship levels by 30 percent for Development: The Annual Conference for Commercial Real Estate, which is held each fall. In 2008, when Ware took over as head of the business development department, the association also marked its highest grossing year for business development.

USGBC Releases 2012 List of Top 10 States for LEED

Washington, D.C. - January 23, 2012 - (RealEstateRama) -- Today, the U.S. Green Building Council (USGBC) released its annual list of the top 10 states for new LEED certifications in 2012, highlighting those regions that are transforming buildings and communities across the country.

Colliers International Hires Retail Team in Torrance

TORRANCE, CA - January 17, 2012 - (RealEstateRama) -- Colliers International, Greater Los Angeles has hired one of Southern California’s most prolific retail investment teams. Kyle Matthews, a former Director of Marcus & Millichap’s National Re...

Seminole Tribe of Florida and Stiles Construction Enter into Unprecedented Joint Venture Partnership

Fort Lauderdale, FL. - January 17, 2012 - (RealEstateRama) -- In an unprecedented move to expand construction and development operations throughout the Southeast U.S. and beyond, the Seminole Tribe of Florida, Inc. and Stiles Construction, a division of Stiles, announced today a new joint venture partnership to create Seminole Development and Construction, LLC. The newly created venture provides both Seminole Tribe of Florida, Inc. and Stiles with access to a range of real estate construction project opportunities within the Native American tribal network and also includes projects planned under the auspices of the U.S. federal government.

29 Acres of Industrial Land Sells For $7 Million in Southwest Phoenix

PHOENIX, AZ - January 16, 2012 - (RealEstateRama) -- A 29-acre parcel at the SWC of 75th Ave. and Interstate 10 traded for $7,050,000.

CBRE CLOSES $60.1 MILLION FINANCING PORTFOLIO ON BEHALF OF H&R REIT FOR SOUTHEAST US...

Central/North Florida - January 16, 2012 - (RealEstateRama) -- CBRE Capital Markets secured a total $60,075,000 in financing for the acquisition of seven shopping centers in Florida and for the refinance of a Lowe’s in Opelika, Alabama, on behalf of H&R REIT. The lender, an undisclosed life company, held the loan terms open for period of three months. Financing on six of the assets closed on September 6, 2012 while the full loan portfolio closed December 28, 2012.

NAI Capital Attends NAI Global’s Asia Pacific Regional Meeting in Seoul, Korea

NATIONWIDE - January 16, 2012 - (RealEstateRama) -- Daniel Hu, Director of NAI Capital’s new Asia Pacific Group (APG), joined NAI Apollo (Germany) in Seoul, Korea Nov 29th—Dec 1st for NAI Global’s Asia Pacific Regional Meeting 2012. This conference brought together commercial real estate professionals from Korea, China, Taiwan, Singapore, Indonesia, Malaysia, Vietnam, India, and Japan to help solidify shared objectives and open up new lines of communication for moving business forward in 2013 and beyond.

NAI Capital Has Retained Exclusive Representation for Primero Management Shopping Centers Nationwide

NATIONWIDE - January 16, 2012 - (RealEstateRama) -- Bennard Gillison, Senior Vice President with NAI Capital’s Corporate Headquarters in Encino, CA, has been retained as the exclusive broker for Primero Management Incorporated. Primero Management is ...

NEW $100 MILLION INDUSTRIAL PARK PLANNED IN MIAMI-DADE COUNTY

Miami, FL - January 15, 2012 - (RealEstateRama) -- Butters Construction & Development is starting the new year with another announcement for the largest new industrial development in Miami-Dade County. Butters has partnered with L&B Realty Advi...

Business Real Estate Press Releases

Retail @ Hotel Row - Denver_sm

Hanley Investment Group Sells New Starbucks-Anchored Multi-Tenant Retail Building 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 the firm has arranged

Recent Gov & Nonprofit Real Estate Press Releases

Retail @ Hotel Row - Denver_sm

Hanley Investment Group Sells New Starbucks-Anchored Multi-Tenant Retail Building 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 the firm has arranged