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Federal and Industry Partners Issue Challenge to Manufacturers
WASHINGTON, D.C. - June 7, 2013 - (RealEstateRama) -- A coalition that includes the U.S. federal government and over 200 major commercial building sector partners has issued a simple challenge to U.S. manufacturers: if you can build wireless sub-meters that cost less than $100 apiece and enable us to identify opportunities to save money by saving energy, we will buy them. A group of at least 18 manufacturers has already agreed to take up the challenge, pledging to produce devices that will meet the specifications outlined by the U.S. Department of Energy and its private sector partners that have signed letters of intent to purchase the wireless sub-meters.
Commercial Real Estate Fundamentals Improving, Lending Tight for Small Business
WASHINGTON, DC - May 28, 2013 - (RealEstateRama) -- With vacancy rates modestly falling and rents moderately rising in commercial real estate sectors, market fundamentals have improved, but financing remains a challenge for small business, according to the National Association of Realtors
Boston Business Journal Recognizes Nixon Peabody Clients as Real Estate Deals of the Year...
Boston, MA - May 24, 2013 - (RealEstateRama) -- Nixon Peabody LLP is honored to announce that two firm clients, the Boston Tea Party Ships & Museum and Hostelling International, were among the commercial real estate industry projects recognized by the Boston Business Journal in its inaugural Best In Boston Real Estate Awards. Both projects were named award finalists along with other movers and shakers in the Greater Boston's real estate industry from major developers and brokers to dealmakers and builders recognized by the BBJ
WESLEY COX, CCIM HELPS PROPERTY OWNER OUT OF BANKRUPTCY
CAMBRIDGE, MD - May 21, 2013 - (RealEstateRama) -- Wesley Cox, CCIM, Senior Advisor with Sperry Van Ness – Miller Commercial Real Estate in Salisbury, MD recently sold several assets of America, Ltd, a warehousing and real estate holding company. Wesley Cox worked in collaboration with the Law Office of Lori Simpson, LLC, the Trustee appointed by the Bankruptcy Court to sell the assets in conjunction with the plan put forth by the Bankruptcy Court
Realtor® Confidence in Commercial Market Growing
WASHINGTON, D.C. - May 17, 2013 - (RealEstateRama) -- Realtors® who specialize in commercial real estate expressed optimism and confidence in the market during a forum at the Realtors® Midyear Legislative Meetings & Trade Expo. Despite a slow turning economy, commercial practitioners believe the market is not only better off than it was a year ago, but also will continue to improve.
AVALON PLAZA IN SALISBURY, MD SOLD VIA ONLINE AUCTION
SALISBURY, MD - May 13, 2013 - (RealEstateRama) -- Brent Miller, CCIM, CPM, Managing Director of Sperry Van Ness – Miller Commercial Real Estate is pleased to announce that Avalon Plaza in Salisbury, MD recently sold at auction. Merrill Cohen, the Trustee for Avalon Plaza, appointed Louis B. Fisher, III, National Director and David Gilmore, Managing Director, both SVN Auction Team Advisors, as marketing agents/auctioneers, and Brent Miller, CCIM, CPM as the local headquarter broker. SVN-Miller also served as the court appointed property manager
The Boulder Group Arranges the Sale of an $2.3 Million Single Tenant Net Leased...
Northbrook, IL - May 8, 2013 - (RealEstateRama) -- The Boulder Group, a net leased investment brokerage firm specializing in single tenant assets, has completed the sale of a net leased Home Depot office building located at 2951 Kinwest Parkway, Irving, Texas for $2,230,000.
CBRE SELLS 46,058 SQUARE FOOT MULTI-TENANT SHOPPING CENTER
Fort Lauderdale, FL - May 7, 2013 - (RealEstateRama) -- CBRE arranged the sale of Charles Plaza, a 46,058 square foot unanchored multi-tenant retail center. The buyer, S17TPA Corp. and ABC Development, Inc., purchased the property for $5,625,000 from MCCS-1, LLC, a Florida-based private investor who hired CBRE to market the asset for sale and negotiate the transaction.
CBRE ARRANGES LEASE AT CORPORATE CENTER AT THE GARDENS
Palm Beach Gardens, FL - May 7, 2013 - (RealEstateRama) -- CBRE arranged a lease of 7,000 square feet at a 96,000 square-foot Class A office building at Corporate Center at the Gardens in Palm Beach Gardens, Florida. The office space at 4200 Northcorp Parkway, owned by an affiliate of Lexington Realty Trust, a New York City-based real estate investment trust, will serve as a new world headquarters for eXfuze
Statement From NAR President Gary Thomas on Melvin Watt’s Nomination to Head FHFA
WASHINGTON, DC - May 2, 2013 - (RealEstateRama) -- The following is a statement by National Association of Realtors® President Gary Thomas
Mortgage Bankers’ Commercial/Multifamily Originations Rise to $244.2 Billion In 2012
WASHINGTON, D.C. - April 17, 2013 - (RealEstateRama) -- Commercial and multifamily mortgage bankers closed $244.2 billion of loans in 2012 according to the Mortgage Bankers Association’s (MBA) 2012 Commercial Real Estate/Multifamily Finance Annual Origination Volume Summation.
Lee & Associates-San Diego County Negotiates $4.2 Million Industrial Sale
Torrance, CA - April 3, 2013 - (RealEstateRama) -- Lee & Associates, one of the largest national commercial real estate providers with regional expertise, has completed a sale of the 41,000-square-foot industrial building located at 1332 S. Lone Hill Avenue in Glendora, Calif. The property sold for $4.23 million
Building Technologies Office Announces $3 Million to Advance Building Automation Software Solutions in Small...
WASHINGTON, D.C. - April 1, 2013 - (RealEstateRama) -- The Department of Energy’s Building Technologies Office (BTO) today announced a funding opportunity for $3 million to fund up to three awards to develop an open source software solution for building automation systems (BASs) for small (5,000 square feet ) to medium-sized (between 5,000 square feet and 50,000 square feet) commercial buildings.
Stiles and Hensler Co-Develop $80 Million High-rise Luxury Apartment in Nashville’s Gulch District
Fort Lauderdale, FL. and Nashville, TN - March 11, 2013 - (RealEstateRama) -- Full-service Fort Lauderdale, FL-based commercial real estate firm Stiles and Nashville, TN-developer Ray Hensler announced today they have partnered on an $80 million, 23-story, high-rise luxury apartment building in Nashville’s burgeoning Gulch district. The Gulch is a 22-block redevelopment district located on the west edge of downtown that’s benefited from a spike in urban development and an influx of trendy restaurants, retail and boutique shopping. The Gulch was recognized as the first LEED Silver Status Neighborhood Development in the southeastern United States, and only the 4th in the world.
SALISBURY-BASED BAY STEEL EXPANDS INTO NEW LOCATION
MARCH 2013, SALISBURY, MD - March 7, 2013 - (RealEstateRama) -- John McClellan, CCIM, a Senior Advisor with Sperry Van Ness-Miller Commercial Real Estate in Salisbury, MD is pleased to represent locally-based Bay Steel in expanding into a new location. Bay Steel will occupy 9,800 sq ft located at 707 Brown St, just off Route 13 Business in Salisbury, MD
BEN ALDER, SELECTED BY THE REALTORS® LAND INSTITUTE
WASHINGTON, D.C. - March 6, 2013 - (RealEstateRama) -- Ben Alder, Sperry Van Ness – Miller Commercial Real Estate, Salisbury, MD, has been selected for membership by the REALTORS® Land Institute (RLI), headquartered in Chicago, IL. The announcement was made by RLI, which is an affiliate of the NATIONAL ASSOCIATION OF REALTORS®. Ben Alder is also a member of the Coastal Association of REALTORS® and the RLI MD Chapter
The Boulder Group Publishes Net Lease Drug Store Research Report
Northbrook, IL - March 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 Drug Store Market.
NAI Capital Represents Seller in the Sale of the Temecula Rancho Center for $1.4...
TEMECULA, CA - March 4, 2013 - (RealEstateRama) -- Cheryl Pestorwith NAI Capital’s Pasadena office represented the Seller, Community Commerce Bank, in the sale of a 17,558 SF retail property located at the Temecula Rancho Center to the Buyer, JA Plaza, LLC. The value of the sales transaction was approximately $1.4 Mil.
Contribute to the 2013 NAIOP Commercial Real Estate Compensation Survey
WASHINGTON, D.C. - March 1, 2013 - (RealEstateRama) -- Your participation in the 2013 NAIOP Commercial Real Estate Compensation Survey is important and will help shape the future of commercial real estate. All participants will receive a complimentary electronic copy of the full comprehensive survey report – a $1,500 value!
Lee & Associates Names Two New Shareholders in San Diego-North Office
CARLSBAD, CA - March 1, 2013 - (RealEstateRama) -- The San Diego-North office of Lee & Associates, one of the largest broker-owned commercial real estate firms in the country, has named Glenn Stokoe and Ryan Bennett its newest company shareholders










