Investing

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Walgreens property located at 3529 E Silver Springs Boulevard in Ocala, Florida for $3,711,000. The 15,525 square foot Walgreens is strategically positioned on the northwest corner of Silver Springs Boulevard and 36th Avenue.

International award-winning KTGY Architecture + Planning is pleased to announce that Simon Perkowitz, AIA, PE, a principal in the firm's Retail Studio, has been invited to participate as a roundtable facilitator at the International Council of Shopping Centers (ICSC) CenterBuild Conference held from November 28, 2017 – December 1, 2017, at The Westin Kierland Resort & Spa in Scottsdale, Arizona. Perkowitz will present “What Should I Do With My Vacant Big Box,” on Thursday, November 30, at 12 noon, as part of the lunch roundtable program. The CenterBuild Conference is the industry's premier retail design and construction conference

One of the ultimate ways to increase the money you make via Airbnb is to invest in more properties. Though, if you consider buying a property for an Airbnb business specifically, you should give thought to the following ten factors.

International award-winning firm KTGY Architecture + Planning and national award-winning homebuilder Trumark Homes announce Perch, a collection of townhomes with innovative floor plans that create a brand-new transit-oriented urban village on 2.7 acres in the heart of downtown Dublin, California.

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that Executive Vice President Jeremy McChesney has completed the sale of a 24,695-square-foot single-tenant net-leased retail property occupied by Harbor Freight Tools at 2101 East Palmdale Boulevard in Palmdale, California. The purchase price was $2.65 million.

Central Valley, a US top-100 building supply company, is pleased to announce the appointment of William (Bill) Robertson as Chief Financial Officer (CFO) effective October 31, 2017. Robertson succeeds David Templeton, who had previously announced his intent to retire after a seven-year career with the company.

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today the group has launched its annual Movember fundraising campaign. This year marks Hanley Investment Group’s seventh year in a row joining the global movement to raise awareness and critical funds for men’s health, by growing a moustache in November.

International award-winning firm KTGY Architecture + Planning announced today that Anthem House in Baltimore, Maryland, was honored by Delta Associates at the firm’s 21st Annual Washington/Baltimore Multifamily Market Overview & Awards for Excellence program. Anthem House won “Best Baltimore Mid-Rise Apartment Community.”

Overall construction spending increased between September 2016 and September 2017 as growing private-sector residential demand continues to offset annual declines in public-sector investments in infrastructure and other projects, according to an analysis of new government data by the Associated General Contractors of America. Association officials urged members of Congress and the Trump administration to include new funding for roads, bridges, clean water and other important infrastructure as part of any new tax reform measure

There is a recent emergence of businesses that are centered around Airbnb, businesses that's purposes are to make the lives of hosts easier. The businesses aim to do this by automation, outsourcing, and increasing possibilities. Recently, there have been two companies in particular that have been making advancements in the industry.

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that Executive Vice President Jeremy McChesney has completed the sale of a single-tenant CVS/pharmacy with a drive-thru at 9407 E. Park Avenue in Houma, the largest city in Terrebonne Parish, Louisiana. The purchase price was $3,350,000.

The Boulder Group’s Research Department has released a new research report providing comprehensive numbers and analysis of the recent activity in the National Net Lease Drug Store Market.

International award-winning firm KTGY Architecture + Planning announced today that AVA NoMa in Washington, D.C., was honored by Delta Associates at the firm’s 21st Annual Washington/Baltimore Multifamily Market Overview & Awards for Excellence program. AVA NoMa won “Best Washington/Baltimore High-Rise Apartment Community.”

International award-winning firm KTGY Architecture + Planning is proud to announce its participation in the first affordable housing communities for low-income families in Irvine’s master planned community of Great Park Neighborhoods, which celebrated its grand opening on October 27, 2017. Luminaira at Parasol Park was developed by FivePoint Holdings, LLC, Related California and RCC Charitable (Riverside Charitable Corporation). Espaira at Parasol Park was developed by FivePoint, Related, and ETHIC Housing Trust (El Toro Housing Initiative Collaboration).

CoreLogic®(NYSE: CLGX), a leading global property information, analytics and data-enabled solutions provider, today announced it has successfully converted 46 data recipients of the Central Texas Multiple Listing Service (CTXMLS) to Trestle™. CTXMLS is a regional service provider operated by five REALTOR®associations with approximately 3,600 members.

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, and SRS Real Estate Partners, the largest retail-focused real estate brokerage and advisory firm in North America specializing in property sales, leasing, and tenant representation, announced today that Executive Vice President Eric Wohl of Hanley Investment and Senior Vice President Michael Walseth of SRS’ National Net Lease Group, represented the seller in the sale of a brand new single-tenant McDonald’s ground lease in the City of Azusa, Calif.

The Muller Company, a full-service real estate company specializing in the investment, development and management of commercial real estate in the western United States, announced today the formation of a joint venture with an affiliate of Cerberus Capital Management, L.P. (“Cerberus”), a global leader in alternative investing, for the recapitalization of the firm’s three-property, 841,036-square-foot office portfolio in Orange County, California

Meridian, a full-service real estate developer and owner of medical real estate, is pleased to announce that the firm has closed escrow on the purchase of The Laguna, a 57,057-square-foot medical office building in Orange County, California. This acquisition expands Meridian’s footprint in Southern California coming on the heels of last year’s purchase of Cotton Medical Center, a 115,000-square-foot, $49 million medical office complex in Pasadena, California, adjacent to the recently completed Shriners Hospitals for Children and near the Huntington Memorial Hospital.

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that Executive Vice President Jeremy McChesney has completed the sale of a single-tenant net-leased retail property occupied by Circle K at 5850 W. Indian School Road in Phoenix, Arizona. The purchase price was $1,300,000, which represented a cap rate of 4.62 percent, the lowest recorded closing cap for a Circle K in the U.S. in 2017, according to CoStar.

Warner Pacific Properties, a real estate investment and development company, announced today the opening of a new T.J.Maxx/HomeGoods combo store at the newly repositioned Monrovia Landing at 735 and 737 E. Huntington Drive (Historic Route 66) and S. Shamrock Avenue, in the City of Monrovia, California. The new store will celebrate its grand opening on Sunday, October 22nd, at 8:00 a.m.