Yearly Archives: 2014

WASHINGTON - December 2, 2014 - (RealEstateRama) -- ConsensusDocs announces the 2015 Business and Marketing Advisory Council (BMAC) leadership. E. Colette Nelson, Chief Advocacy Office for the American Subcontractors Association (ASA), was elected the 2015 BMAC Chair. Joanne S. Brooks, Esq., Vice President and Counsel for The Surety and Fidelity Association of America (SFAA), was elected the 2015 BMAC Secretary.

LAS VEGAS, Nevada, - December 2, 2014 - (RealEstateRama) -- BKM Capital Partners, a fund manager and operator platform targeting value-add, multi-tenant industrial real estate in the Western U.S., has increased its investment in Las Vegas with the acquisition of two multi-tenant industrial parks encompassing 309,932 square feet of space, bringing its Las Vegas portfolio to over one half-million square feet

CHICAGO, IL., - December 2, 2014 - (RealEstateRama) -- American Realty Advisors, an institutional real estate investment manager with more than $6 billion in assets under management has announced the launch of a new sustainability initiative, beginning at 150 N. Wacker Drive, a 31-story office tower in Chicago, Illinois, designed to reduce water consumption by more than one million gallons per year at the property.

Vancouver, WA - December 2, 2014 - (RealEstateRama) -- Cities and states looking at energy efficient buildings to help meet energy goals are getting a boost from the 2015 International Green Construction Code (IgCC). Four critical proposals that will drive significant improvements in building energy performance were approved when final voting on the model energy code closed earlier this month

RENO, NV. - December 2, 2014 - (RealEstateRama) -- Coldwell Banker Select announced the company’s move to its newest location. This growth will further Coldwell Banker’s Selects position as the largest real estate company in Northern Nevada and Lake Tahoe with 11 offices throughout the region. Coldwell Banker Select’s expansion is a result of another successful year.

SAN RAMON, CALIF. - December 2, 2014 - (RealEstateRama) -- Meridian, a full service real estate developer and owner of medical real estate, is a finalist in the 2014 HREI Insights Awards™ in the “Best Renovated or Repurposed Healthcare Facility” category

WASHINGTON, D.C. - November 28, 2014 - (RealEstateRama) -- In accordance with the Stewart B. McKinney Homeless Assistance Act, HUD published a Notice in the Nov. 28, 2014, Federal Register identifying Federal buildings and other real property HUD has reviewed for suitability for use to assist the homeless. The properties were reviewed using information provided to HUD by Federal landholding agencies or by GSA regarding their inventories of excess or surplus property. The list includes buildings and properties in Maryland

WASHINGTON - November 27, 2014 - (RealEstateRama) -- Sales of new single-family houses in October 2014 were at a seasonally adjusted annual rate of 458,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 0.7 percent (±16.5%)* above the revised September rate of 455,000 and is 1.8 percent (±17.4%)* above the October 2013 estimate of 450,000.

WASHINGTON, D.C. - November 26, 2014 - (RealEstateRama) -- Pending home sales declined in October but remained at a healthy level of activity and are above year-over-year levels for the second straight month, according to the

WASHINGTON, D.C. - November 26, 2014 - (RealEstateRama) -- Commercial real estate is looking at the GOP’s majority in the House and Senate, and the 2016 presidential election, as signs that legislation on energy, tax code and infrastructure will make their way into law during the next two years. NAIOP President and CEO Thomas Bisacquino was interviewed for a piece, “Dawn of a New Age?” in the December 2014 issue of Commercial Property Executive

WASHINGTON, D.C. - November 25, 2014 - (RealEstateRama) -- Some owners hesitate to market their homes between Halloween and New Year’s Day, believing the holiday season to be an off-peak time to sell. But the idea that houses don’t sell in November and December comes from outdated historical trends

Denver, Colorado - November 25, 2014 - (RealEstateRama) -- Mark your calendar to support Mercy Housing for Colorado Gives Day on December 9, 2014. Coloradans will come together to support local nonprofits throughout the state like Mercy Housing. For the fifth consecutive year, Community First Foundation and First Bank are partnering to present Colorado Gives Day

SAN GABRIEL VALLEY, CA - November 25, 2014 - (RealEstateRama) -- Ryan Campbell with NAI Capital’s San Gabriel Valley East office sold and leased four properties in the San Gabriel Valley totaling over 49,000 sq. ft. and $4.8 Million dollars, all within a recent thirty day period. Rick Sheckter of Newmark Grubb Knight Frank’s City of Industry office co-brokered the three sales transactions.

Miami, FL - November 25, 2014 - (RealEstateRama) -- CBRE arranged the purchase of an 85,000-square-foot industrial building in Miami, FL, on behalf of Terreno Realty Corporation (NYSE: TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets. The asset at 11205 NW 131st Street was acquired for $8.9 million from Canaan Trading Company, a premier food and food supplies distributor. The property was 100% occupied by three tenants at the time of sale. CBRE represented Terreno in the transaction

LOS ANGELES - November 25, 2014 - (RealEstateRama) -- Los Angeles Headquarters Association (LAHQ), one of the city’s premiere business associations, has named Randy Soewers as its 2015-16 president. An associate vice president in the LA offices of global architectural firm RTKL, Soewers’ international experience in the business community will be a driving force for the organization, which is focused on highlighting Los Angeles as an international business hub.

New York, NY - November 25, 2014 - (RealEstateRama) -- The Harlem site of the long-vacant Renaissance Ballroom will soon house a vibrant, mixed-use development with over 134 residential units (20 percent of which will be affordable) and community space. BRP Development Corporation, widely recognized as an accomplished developer of complicated mixed-income and affordable housing developments, purchased the site from Abyssinian Development Corporation, the development arm of the Abyssinian Baptist Church, and will build the new facility named the “Renny” after the historic ballroom

ST PETERSBURG, FLORIDA - November 25, 2014 - (RealEstateRama) -- A joint venture consisting of affiliates of Feldman Equities, Tower Realty Partners and Second City Real Estate, has acquired First Central Tower, a 17-story, 250,000 square foot office building located at 360 Central Avenue in downtown St. Petersburg. Larry Feldman, CEO of Feldman Equities will spearhead leasing and redevelopment efforts while Tower Realty Partners will handle management responsibilities

Frisco, Texas - November 25, 2014 - (RealEstateRama) -- Work is progressing forward for Wade Park, the massive 175-acre, $1.6 billion, mixed-use destination project that broke ground this summer at the North Dallas Tollway and Lebanon Road – ideally located at the heart of Frisco’s “$5 Billion Mile.” With site grading in the works and vertical construction beginning in the spring, Atlanta-based developer Thomas Land & Development (TLD) is unveiling new project designs, construction plans and partners. Additional retail and hotel announcements are expected soon, following Whole Foods Market®, iPic Theaters, and Pinstripes, who signed leases for Wade Park earlier this year.

WASHINGTON, D.C. - November 24, 2014 - (RealEstateRama) -- Headed by the continued strength in the multi-family residential market and the emerging growth for institutional projects, demand for design services continues to be healthy as exhibited in the latest Architecture Billings Index (ABI). As a leading economic indicator of construction activity, the ABI reflects the approximate nine to twelve month lead time between architecture billings and construction spending. The American Institute of Architects (AIA) reported the October ABI score was 53.7, down from a mark of 55.2 in September. This score reflects an increase in design activity (any score above 50 indicates an increase in billings). The new projects inquiry index was 62.7, following a mark of 64.8 the previous month

Miami, FL - November 24, 2014 - (RealEstateRama) -- Two new tenants have signed leases at The Alhambra, a 14-story, Class A office tower interconnected with the Hyatt Hotel and located in the heart of Coral Gables. Private trust and investment firm Fiduciary Trust International of the South, a division of Franklin Templeton Investments, has signed a lease for 12,500 square feet at 2 Alhambra Plaza. In an effort to accommodate its continued growth, the firm will relocate from its current location at 200 Biscayne Boulevard in Miami’s Central Business District in mid-2015. Pipeline Workspaces, a national high-design shared office space concept, has also signed a lease for 14,000 square feet at 95 Merrick Way, part of The Alhambra property. With the addition of these two tenants, occupancy at The Alhambra now stands at 85%, up from 52% only 18 months ago.