Saturday, April 27, 2024

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Hanley Investment Group Negotiates Sale of Target-Anchored Shopping Center for $8.57 Million

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that President Ed Hanley and Senior Vice President Kevin Fryman represented the buyer and seller in the sale of Seven Trees Shopping Center, a 150,338-square-foot Target-anchored shopping center in San Bernardino, Calif. The sale price was $8.57 million.

The Boulder Group Publishes Net Lease Casual Dining Research Report

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 Casual Dining Market

Real Estate Industry Leader Jeanne R. Myerson Named Chief Executive Officer of ULI’s Americas...

Real estate industry leader Jeanne R. Myerson, principal at The Belgrave Group in San Francisco, has been named chief executive officer for the Americas region of the Urban Land Institute (ULI), an interdisciplinary research and education institute dedicated to leadership in land use and creating thriving communities worldwide. Myerson, an active ULI San Francisco member, will join ULI’s staff as Americas CEO on June 28, 2016.

OPIC, REPP SIGN AGREEMENT IN SUPPORT OF RENEWABLE ENERGY PROJECTS IN SUB-SAHARAN AFRICA

The Overseas Private Investment Corporation (OPIC), the U.S. government’s development finance institution, and the Renewable Energy Performance Platform (REPP) have announced an agreement to facilitate cooperation on renewable energy projects in Sub-Saharan Africa.

KTGY-Designed Kapolei Lofts Wins Two NAIOP Hawaii Awards

International award-winning firm KTGY Architecture + Planning is pleased to announce that Kapolei Lofts in West Oahu, Hawaii, received two Awards of Excellence during the NAIOP Hawaii’s 19th Annual Kukulu Hale Awards ceremony held recently at the Royal Hawaiian Hotel in Oahu. Developed by Forest City Hawaii and designed by KTGY, Kapolei Lofts won the Green Building Award and New Project Award – Commercial/Other Over 40,000 SF. The NAIOP Hawaii’s Awards of Excellence program recognizes accomplishments in Hawaii’s commercial real estate industry, including recognition for new and renovated commercial and public projects statewide.

Just Listed: Historic Landmark Multi-Tenant Retail Center in SoCal’s Inland Empire for $28.6M

Progressive Real Estate Partners and Hanley Investment Group announced today the for-sale listing of Thomas Winery Plaza, a 99,808-square-foot historic landmark shopping center for $28.6 million ($287 psf). The center is located at the northeast corner of Foothill Blvd. (Historic Route 66) and Vineyard Avenue in Rancho Cucamonga, Calif., and is the site of California's oldest winery established in 1839.

CBRE’s Philip D. Voorhees and NRIG-West Team Complete Sale of Community Center in Tacoma,...

CBRE Executive Vice President Philip D. Voorhees announced today that he and the National Retail Investment Group – West (NRIG-West) team completed the sale of Lincoln Plaza, an 80,922-square-foot community shopping center in the city of Tacoma, WA, leased to a complementary mix of retail, service and restaurant tenants including Big 5, Jared The Galleria Of Jewelry, Men’s Warehouse, Skechers, Starbucks, Wingstop, Sprint and others. The sale price was $26.7 million. The property was approximately 95% occupied at the time of sale.

Investors Unite to Hold Briefing on New Paper by UVA Professor on Misuse of...

On Thursday, May 19th at 10:30 EDT, Investors Unite Executive Director Tim Pagliara will host a teleconference featuring law professor Saikrishna Prakash who will discuss his new analysis of the government’s efforts to conceal deliberations related to the Net Worth Sweep

The Boulder Group Arranges Sale of Single Tenant Net Leased Walgreens in Chicago’s Bucktown...

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Walgreens property located at 2001 Milwaukee Avenue in Chicago, IL for $11,275,000.

KTGY-Designed June Street Collection 50% Sold in 2 Weeks in South Hollywood

International award-winning firm KTGY Architecture + Planning is pleased to announce that Hollywood’s newest single-family residential community developed by Canfield Development is 50% sold out in just two weeks. Designed by KTGY, The June Street Collection is a unique collection of 10 single-family detached homes in South Hollywood’s popular SOHO neighborhood, near Hancock Park, and steps away from fine dining, shopping and entertainment. The homes, which are located at 822 N. June Street, blend contemporary styling with historic Spanish architecture.

The Boulder Group Arranges Sale of Bank of America Ground Lease

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant Bank of America Ground Lease located at 1400 Waukegan Road in Glenview, IL for $6,900,000.

Make Your Rental Unit Stand Out and Bring in More Money

Now that rental property and multi-family mortgages are easier to obtain more people are choosing to become landlords. However, owning a rental unit is a completely different experience than owning your own home. Many people make the mistake of approaching a rental property as if it were a personal residence.

Hanley Investment Group Negotiates Sale of Starbucks-anchored Retail Center in Kern County for $3.2...

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 Bill Asher negotiated the sale of Glenwood Square, a 6,808-square-foot multi-tenant strip shopping center anchored by Starbucks in Kern County, Calif., for $3.2 million, representing a cap rate of 5.6% and $470 per square foot.

Subcommittee Examines U.S. and U.K. Models for Affordable Housing

The Financial Services Subcommittee on Housing and Insurance held a hearing on Thursday entitled “The Future of Housing in America: A Comparison of the United Kingdom and United States Models for Affordable Housing.” This hearing is part of a series undertaken by the subcommittee to assess affordable and rental housing programs 50 years after the creation of the U.S. Department of Housing and Urban Development

Hanley Investment Group Lists Stater Bros. Plaza in Chino, Calif. for Sale for $35...

President Ed Hanley and Executive Vice President Bill Asher of Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, reports that the firm is marketing for sale Stater Bros. Plaza in Chino, Calif., for $35 million, representing a rare offering of a grocery-anchored shopping center for sale in the Inland Empire.

The Boulder Group Arranges Sale of Single Tenant Net Leased Walgreens

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Walgreens property located at 5555 Edmondson Pike in Nashville, Tennessee for $6,926,345.

KTGY Names Urban Planner and Architect Michael K. Medick as Principal in Tysons

International award-winning firm KTGY Architecture + Planning has added esteemed urban planner and architect Michael K. Medick as principal in the company’s Tysons office. Medick has served as a leader guiding the design and implementation of a wide variety of complex high-profile projects throughout the United States. Medick most recently served as the market leader for land planning with a national architecture and planning firm.

Hanley Investment Group Negotiates Sale of 149,000 SF Grocery/Drug Anchored Shopping Center in Santa...

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that President Ed Hanley and Senior Vice President Kevin Fryman represented the seller in the sale of Bouquet Center in Santa Clarita, a 95% occupied, 148,903-square-foot grocery-anchored shopping center located in the Los Angeles metro area.

KTGY-Designed Boutique Hotel Mixed-Use Development Moves Forward in Downtown Morgan Hill

International award-winning firm KTGY Architecture + Planning is pleased to announce that the Granada Hotel, a new four-story, contemporary-style boutique hotel with 60 guest rooms situated in the heart of downtown Morgan Hill, Calif., was unanimously approved by the city’s planning commission on Tuesday, April 26, 2016. The project now moves on to the city council for final approval

DCHFA Invests in Ward 5 with the Funding of Langdon Apartments

The District of Columbia Housing Finance Agency (DCHFA) closes the month by financing the construction of a second new development in April. On April 28th , the Agency completed the transaction to provide $5.34 million in total bond financing, structured as short term ($1.52 million) and long term ($3.82 million) DCHFA tax exempt bonds for the acquisition of the one-fifth acre properties at 2613-2615 Bladensburg Road NE, to construct Langdon Apartments. Proceeds from the syndication of $3.21 million in low income housing tax credits raised by Stratford Capital Group and underwritten by the Agency will finance a portion of the $11.16 million project.

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

The Impact of High Speed Rail on Real Estate in China

In recent years, the interplay between high-speed rail (HSR) systems and land markets has emerged as a topic of significant interest. Despite the growing attention, the specific effects and underlying mechanisms of HSR on land prices have not been extensively studied. Our research aims to bridge this gap by analyzing China's land transaction data.