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34 Medium-Size Metro Areas Could See Potential Boost in Commercial Real Estate Investment

WASHINGTON, D.C. - February 21, 2014 - (RealEstateRama) -- A new report released by the NAIOP Research Foundation suggests that commercial real estate investment and sales activity could begin to pick up in the coming year in many of America’s medium-sized metropolitan areas (so-called “secondary markets”). Based on healing economic conditions, improving investor confidence and the availability of financing, the report forecasts a general rebound in an industry that contributes billions of dollars to local revenues and helps support thousands of local jobs. A complete list of the metro areas is below.

Commercial Real Estate Investors “Cautiously Optimistic” As the Future Unfolds, According to New Outlook...

WASHINGTON, D.C. - February 13, 2014 - (RealEstateRama) --: Commercial real estate investments are expected to produce generally solid returns in 2014, according to the authors of Expectations & Market Realities in Real Estate 2014—The Future Unfolds, an annual forecast report released by Real Estate Research Corporation (RERC), Deloitte, and the National Association of Realtors®(NAR)

Dayton Commercial Realty’s Richard Moody to be Featured on Close-Up Talk Radio

National
Dayton, OH - January 20, 2014 - (RealEstateRama) -- The city of Dayton boasts the country’s least expensive commercial real estate. Whether someone wants to buy or lease commercial real estate, the market is currently the best it’s been since the Great Recession

EPA Plans to Survey Contractors on Lead Paint in Public and Commercial Buildings

National
WASHINGTON, D.C. - January 7, 2013 - (RealEstateRama) -- The U.S. Environmental Protection Agency (EPA) recently announced that it plans to survey general contractors regarding their recent renovation, repair and painting (RRP) activities in public- and private-sector commercial buildings. EPA has asked for public comment by Feb. 4 on the scope and clarity of the questions included in its draft Information Collection Request (ICR), as well as its underlying assumptions and burden/cost estimates. EPA is taking these steps because it needs more data on whether or not RRP activities in buildings expose the public to lead-based paint (LBP) dust. If EPA determines such activities create LBP “hazards,” the agency will write additional rules that will apply to building contractors.

NAIOP Installs 2014 Chairman Jean Kane

WASHINGTON, D.C. - December 12, 2013 - (RealEstateRama) -- NAIOP, the Commercial Real Estate Development Association, has named Jean Kane, CEO, Welsh and Colliers International, Minnetonka, Minn., as its 2014 Chairman of the Board. Kane becomes the third woman to hold NAIOP’s highest elected position and will lead its executive committee and staff in the planning and execution of industry and association-wide initiatives in 2014. Her term begins January 1, 2014.

Modest Growth Seen in Commercial Real Estate Markets

WASHINGTON, D.C. - November 22, 2013 - (RealEstateRama) -- Commercial real estate leasing patterns are showing steady but modest growth, according to the National Association of Realtors® quarterly commercial real estate forecast.

LISC & JPMorgan Chase boost affordable housing

WASHINGTON, D.C. - October 25, 2013 - (RealEstateRama) -- A new $1 million grant from JPMorgan Chase will help fund LISC's affordable housing work in Chicago, Houston, Los Angeles, New York, San Diego, and the San Francisco Bay Area. "Affordable housing is the cornerstone of the work we are doing with JPMorgan Chase to improve the quality of life for low-income residents across the country," said Michael Rubinger, President and CEO of LISC.

NAIOP Awards Honor Creativity, Diversity and Sustainability at Development ‘13

WASHINGTON, D.C. - October 14, 2013 - (RealEstateRama) -- At Development ’13: The Annual Meeting for Commercial Real Estate in San Diego, Calif., this week, NAIOP, the Commercial Real Estate Development Association, presented awards honoring outstanding achievement and showcasing key industry pillars of creativity, diversity and sustainability.

New National Report Shows Commercial Real Estate Recovering But Still Not Up to Full...

WASHINGTON, D.C. - October 8, 2013 - (RealEstateRama) -- Development and construction of new commercial real estate – office, industrial and retail buildings – continued its climb in 2012, supporting approximately 2.3 million American jobs and contributing $303.4 billion to the nation’s economy, marking the second year that the sector posted gains since 2007, according to a new report released today by the NAIOP Research Foundation. But industry experts warn that global economic sentiment and uncertainty in Washington and state capitals are dampening a more fulsome recovery in the sector.

Coldwell Banker Commercial Announces $1.5m Phelan Commercial Property Sale

Victorville, CA - October 7, 2013 - (RealEstateRama) -- Mehdi Mostaedi and Emelie Kwon of Coldwell Banker Commercial Real Estate Solutions broker the sale of a $1.5 million sale of a multi-tenant retail shopping center in Phelan, California.

WestMar Commercial Real Estate Announces Recent Transactions

TEMECULA, CA - October 2, 2013 - (RealEstateRama) -- WestMar Commercial Real Estate, a leading local real estate services firm, today announced the following transactions

The Boulder Group Arranges the Sale of a Single Tenant McDonald’s Ground Lease in...

Northbrook, IL - September 6, 2013 - (RealEstateRama) -- The Boulder Group, a net leased investment brokerage firm specializing in single tenant assets, has completed the sale of a single tenant McDonald’s ground lease located at the intersection of Wabash Avenue & Archer Elevator Road in Springfield, Illinois for $978,260.

NAI Capital Completes Sale of Three-Property Self Storage Portfolio

Tucson, AZ - September 5, 2013 - (RealEstateRama) -- Stephen Grossman with NAI Capital’s Orange County office has completed the sale of Capitol Self Storage, a three-property, 1,113 unit self-storage portfolio located in southern Arizona. The facilities are located at 6750 & 9000 East Tanque Verde Road and 6755 East Golf Links Road in Tucson, AZ. NAI Capital marketed the properties exclusively on behalf of the seller. The properties are all well located assets and comprise over 125,000 net rentable square feet. The total value of the transaction was $7.5 million

Ethermore 905 LP Acquires a 31,000 SF Building in West Chester Negotiated by Lieberman...

WASHINGTON, D.C. - August 27, 2013 - (RealEstateRama) -- Philip Earley, CCIM, a principal with Lieberman Earley & Company in Wayne, PA. represented the Buyer, Ethermore 905 LP, while Chuck Swope, CCIM, and Jim Lees, Partners with Swope Lees Commercial Real Estate, LLC in West Chester, assisted the Seller, 905 Fern Hill Road, Inc., in this transaction.

Commercial Real Estate Markets Show Steady, Moderate Growth

WASHINGTON, DC - August 26, 2013 - (RealEstateRama) -- Vacancy rates generally are tightening in commercial real estate sectors with modest rent growth, according to the National Association of Realtors® quarterly

CFO Jeff Atwater Appoints Chris Gardner as New Chairman of Citizens Board of Governors

TALLHASSEE - August 12, 2013 - (RealEstateRama) -- Florida Chief Financial Officer Jeff Atwater today announced the appointment of Chris Gardner as Chairman of the Board of Governors for Citizens Property Insurance Corporation. Gardner, a resident of Winter Park, has 20 years of experience in the retail insurance brokerage business with a specific focus in Commercial Property and Casualty Insurance. He has served as a member of the Citizens board since his appointment in July 2011.

Square Mile Capital/USAA Real Estate Loan Platform Aims for $1 Billion in Origination

WASHINGTON, D.C. - July 29, 2013 - (RealEstateRama) -- Square Mile Capital Management LLC (“Square Mile”) and USAA Real Estate Company today announced the launch of a commercial real estate investment platform that will specialize in the origination and acquisition of high-quality secured real estate debt. The sponsors, which have already begun deploying the $300 million of capital that Square Mile and USAA Real Estate have committed to the platform, expect to invest as much as $1 billion in the U.S. by the end of 2014

Stiles Realty Closes $4.5 Million Sale of 25,000-SF Former West Marine in Fort Lauderdale

Fort Lauderdale, FL - July 18, 2013 - (RealEstateRama) -- Signaling strong market demand for quality retail properties, Stiles Realty announced today the sale of the former 25,000-square-foot West Marine (Nasdaq:WMAR) in Fort Lauderdale for $4.5 million or $180 PSF. The price per square foot is nearly 25 percent over the Broward retail market average price per square foot for retail properties over 10,000 square feet sold in 2013

Real Estate Appraisers Optimistic About Future: Appraisal Institute Survey

CHICAGO, IL - July 17, 2013 - (RealEstateRama) -- More than three-fourths of U.S. real estate appraisers are very or somewhat positive about the demand for their services over the next one to two years, according to an Appraisal Institute survey released today.

CBRE SELECTED AS EXCLUSIVE LEASING AGENT FOR LANDMARK OFFICE COMPLEX IN CORAL GABLES

Miami, FL - July 9, 2013 - (RealEstateRama) -- CBRE has been appointed by USAA Real Estate Company (“Realco”), one of the largest owners of Class A office space in Coral Gables, as the exclusive leasing agent for “The Alhambra,” a landmark, Mediterranean-style office complex located at the eastern gateway to Coral Gables in Miami, Florida. CBRE’s Maggie Kurtz, Senior Vice President, and Diana Parker, Senior Vice President, are the leasing agents.

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

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.