Investing

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant PNC Bank Ground Lease located at 6616 Crossings Drive SE in Walker, Michigan (Grand Rapids MSA) for $1,490,000.

Last year’s strongest pace of home sales in a decade included a sizeable drop in activity from vacation buyers and a jump from individual investors, according to an annual second-home survey released today by the National Association of Realtors®. The survey additionally found that vacation and investment buyers in 2016 were more likely to take out a mortgage and use their property as a short-term rental

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a Target anchored strip center located at 177-179 West Army Trail Road in Glendale Heights, Illinois for $3,301,587.

Construction employment increased by 6,000 jobs in March as a February hiring surge prompted by mild winter weather in much of the country prompted firms to hire fewer people last month, according to an analysis of new government data by the Associated General Contractors of America. Association officials said declining public-sector investments in construction and infrastructure could impact future construction hiring unless the administration and Congress enact a new funding measure

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Walgreens property located at 9005 N Navarro Street in Victoria, Texas for $6,550,000.

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm completed the sale of two new construction multi-tenant pad buildings in separate transactions in the Kansas City metro area. The total purchase price for both properties was $5,430,000.

Better Homes and Gardens Real Estate Rand Realty has launched a powerful combination of the latest in agent productivity technology. Agents now have access to the Moxi Engage™ CRM from Moxi Works, which is fully integrated into an advanced automated marketing platform from Imprev, Inc.

International award-winning firm KTGY Architecture + Planning is pleased to announce that KTGY’s new distinctive home designs targeting the needs of today’s discerning active adults were recently unveiled at Kissing Tree in San Marcos, Texas. Kissing Tree is the first baby boomer, master-planned community, for those 55 and better by Brookfield Residential Properties, and the first of its kind in San Marcos. The 3,200-home community is located on 1,332 acres in Central Texas, halfway between San Antonio and Austin in the heart of the Texas Hill Country

The Boulder Group, a net leased investment brokerage firm, has completed the sale of Archer Station, a fully leased four tenant shopping center located at 2620-2640 W Pershing Road in Chicago, Illinois for $24,312,811. The property is fully leased to LA Fitness, Ross Dress for Less, AT&T Wireless and Athletico Physical Therapy in a densely populated urban in-fill location with significant barriers to entry

The Boulder Group’s Research Department has released a new research report providing comprehensive numbers and analysis of the 1st quarter activity in the National Net Lease Market.

Adventure Air Sports, a state-of-the-art family entertainment center, has signed an eight-year lease at Town Center Plaza in Kennesaw, GA. It is the company’s first location in Georgia

London and Silicon Valley heading up the Global Top 30 on JLL’s 2017 Investment Intensity Index? Not surprising. But Raleigh-Durham, Austin and Denver also making the list? Now that’s interesting. It’s because these smaller powerhouses are punching above their weight in proportion to their local GDP and going head-to-head with highly globalized markets that are traditionally more attractive to investors.

JLL’s Capital Markets experts today announced the firm provided financing for the acquisition of Goodall-Brown Lofts and Fix Play Lofts, two multifamily assets located in Birmingham, Alabama. Highland Real Estate Capital purchased the buildings.

SummerHill Housing Group, the umbrella organization for SummerHill Homes, an award-winning residential builder, and SummerHill Apartment Communities, an apartment, mixed-use infill rental housing developer, announced today its plans to develop 994 residential units in the 65+/-Lawrence Station Area Plan in Santa Clara, California. Located on nearly 27 acres bounded by Lawrence Expressway, Central Expressway and Kifer Road, SummerHill has named this exciting new development Nuevo.

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant new construction Dollar General located at 8212 Highway 171 in Grand Cane, Louisiana for $1,168,947.

JLL has hired Brad Pope, one of Atlanta’s top industrial brokers, as a senior vice president in JLL Atlanta’s Industrial Group. Pope will focus on agency listings and corporate services brokerage.

InternationalKTGY Architecture + Planning is known for its award-winning designs. But on Saturday morning, Studio Director Swaroop Agaskar and 11 KTGY employees from KTGY’s Pune office boarded a bus in the early morning hours and traveled 90 kilometers to help Habitat for Humanity India’s construction projects in Saraiwadi situated in the Karjat region.

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 three 7-Eleven stores. With these three recent transactions, McChesney has sold 20 7-Elevens in the last two years, the most 7-Elevens sold by any individual in the U.S. during this period.

Real estate software developers will now be able to more rapidly deploy real estate software with the just released Web API client tool now available for free from the Real Estate Standards Organization (RESO). Developed by RESO specifically for connecting to the hundreds of MLSs nationwide that have implemented RESO API Standards, the free software package includes the Web API client application itself, as well as the source code for the open source client software.