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New Report Indicates 2014 Was Best Year for Commercial Real Estate Development Since 2007;...
The commercial real estate development industry in 2014 saw its best year since 2007, according to an annual report on the state of the industry released today by the NAIOP Research Foundation.
SR Commercial Purchases Carlsbad Office Building on Lionshead for $8.75 million
DTZ, a global leader in commercial real estate services, announced today the sale of a 65,000 square foot flex/R&D building located at 3193 Lionshead Avenue in Carlsbad for $8.75 million
Top National Senior Housing Team Joins DTZ
DTZ, a global leader in commercial real estate services, announced today that renowned Capital Markets professionals David Rothschild and Mary Christian have joined the firm as Executive Managing Director and Senior Managing Director, respectively
BIGSHOT Inbound launches new website for JP Pest Services
Serving the Northeastern states of Maine, New Hampshire, Massachusetts, and Vermont, JP Pest Services provides integrated pest management for both commercial and residential properties. JP Pest Services continues to emphasize good customer service for every client since its inception in 1925
FIFTEEN COMMERCIAL PROPERTIES WIN THE OUTSTANDING BUILDING OF THE YEAR® AWARDS
The commercial real estate industry honored 15 commercial properties with The Outstanding Building of the Year® (TOBY®) Awards last night at the Building Owners and Managers Association (BOMA) International’s annual conference, the 2015 BOMA International Conference & Expo in Los Angeles
CBRE SELLS 77,705-SF, MULTI-TENANT RETAIL CENTER IN PEMBROKE PINES
CBRE arranged the sale of Palm Square, a 77,705-square-foot, multi-tenant retail center located at 9801-9965 Pines Boulevard in Pembroke Pines, Florida. Bar Invest Group, Inc. purchased the property for $17,600,000. The seller was Pebb Enterprises, LLC, which hired CBRE to market the asset for sale and negotiate the transaction
National Survey Ranks Top Real Estate Agents and Teams
RE/MAX has more of the nation’s top real estate agents when ranked by transaction sides than any other brand, according to The Thousand, an annual survey compiled by REAL Trends and showcased in The Wall Street Journal.
PCI Applauds Introduction of the Flood Insurance Market Parity and Modernization Act
Nat Wienecke, the Property Casualty Insurers Association of America’s (PCI) senior vice president, federal government relations issued the following statement today applauding Senators Dean Heller (R-NV) and Jon Tester (D-MT) and Representatives Dennis Ross (R-FL) and Patrick Murphy (D-FL) for introducing the Flood Insurance Market Parity and Modernization Act
Insurance Trade Joins Important Lightning Safety Campaign
We are now entering the hot summer months where pop-up thunderstorms and lightning are very common, especially in the southeast. However, in many homes and businesses across the country there is a little known risk of fire that can by triggered by lightning strikes.
Cruzan Acquires Del Mar Corporate Plaza from Coast Income Properties
DTZ, a global leader in commercial real estate services, announced today the sale of the Del Mar Corporate Plaza by Coast Income Properties to Cruzan for $29.4 million. DTZ’s San Diego Capital Markets team of Rick Reeder, Brad Tecca, Gary Goss and Ben Schwartz represented both Cruzan and Coast Income Properties. The San Diego Capital Markets team has facilitated more than $250 million in sales in the submarket since 2012
BOMA’S ANNUAL CONFERENCE TO OFFER CUTTING-EDGE EDUCATIONAL OPPORTUNITIES
The Building Owners and Managers Association (BOMA) International will offer an extensive educational program and unparalleled professional development opportunities at the 2015 BOMA International Annual Conference & Expo, which takes place June 28-30 in Los Angeles.
International Sales Dollar Volume Increases as More Upscale Buyers Enter Market, Say Realtors
While total unit sales from international home buyers decreased from last year, total sales dollar volume increased 13 percent, according to the National Association of Realtor Profile of Home Buying Activity of International Clients
Realtors® Report Increase in Commercial Transactions, Income and Sales Volume
Commercial real estate markets are improving with Realtors® specializing in commercial real estate reported an increase in annual gross income, the number of sales transactions and sales volume, according to the 2015 National Association of Realtors® Commercial Member Profile.
JLL Acquires Healthcare Project Management Leader CLEO Construction Management
As owners of healthcare facilities increasingly pursue expansions and renovations to meet the growth demands of their patient communities, JLL (NYSE: JLL) is expanding its healthcare-focused real estate services by acquiringCLEO Construction Management (CLEO), a prominent construction project management services firm that specializes in medical facilities.
Just Closed – Bend Memorial Clinic Medical Building
The CBRE U.S. Healthcare Capital Markets Group is pleased to announce the sale of the Bend Memorial Clinic Medical Building in Bend, Oregon. Chris Bodnar and Lee Asher of the U.S. Healthcare Capital Markets Group teamed with Paul Carr, Steven Perovich, and Marcus Yamamoto in the Northwest market as the Seller’s exclusive advisor
Stiles Realty Brokers $4.8 Million Sale of Former Harley Davidson in Fort Lauderdale
Stiles Realty, a division of Fort Lauderdale-based full-service commercial real estate developer Stiles, today announced the sale of the former Harley Davidson headquarters located at 2871 North Federal Highway in Fort Lauderdale. The $4.8 million sales price equates to $106.67 per square foot
Modest Growth Expected in Commercial Real Estate Markets
A stronger labor market and increasing household formation should keep commercial real estate demand on a gradual incline, according to the National Association of Realtors® quarterly commercial real estate forecast.
PCI Applauds Senate Passage of Bipartisan TPA Legislation
Dave Snyder, vice president, international policy at the Property Casualty Insurers Association of America (PCI) issued the following statement following the Senate passage of “The Bipartisan Congressional Trade Priorities and Accountability Act of 2015,” legislation to renew Trade Promotion Authority (TPA)
Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 1.5 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending May 15, 2015.
Early Renewals Drive Iconic Las Olas Office Building to 100 Percent Leased
Stiles Realty, a division of Fort Lauderdale-based full-service commercial real estate developer Stiles, announced today 119,868 square feet in new leases and early renewals at Bank of America Plaza at Las Olas City Centre (LOCC), which has brought the trophy office property to 100 percent leased
