Investing

CBRE Executive Vice President Philip D. Voorhees announced today that he and his National Retail Partners – West (NRP-West) team completed the sale of Silver Lake Collection, 10,497 square-feet of urban street-front in the Silver Lake enclave in the city of Los Angeles, Calif. Situated in “Sunset Junction,” the property is 100% leased to three contemporary restaurant and beverage tenants. The sale price was $13.30 million. More...

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant new construction Dollar General located at 1107 N Santa Fe Avenue in Princeville, Illinois for $1,145,681

It is with great honor that we announce the promotion of Rob Corredine, CPA, to Corporate Controller. “Rob joined Conifer in 2013 and has made significant contributions in many areas of the Company, including corporate and development accounting,” said Tim Fournier, Chairman & CEO.

International award-winning firm KTGY Architecture + Planning is pleased to announce that Muir Pointe featuring 144 single-family homes within two neighborhoods, The Cove and The Tides, will be the newest residential community to open at the 106-acre Bayside master-planned community in the city of Hercules, Calif. Built by Taylor Morrison, a leading national homebuilder and developer, and designed by KTGY, Muir Pointe’s waterfront location offers easy access to freeways and public transportation and provides a convenient commute to major employment centers in the San Francisco Bay Area. More...

Local developers C & C Properties, Inc. and MarkChris Investments announced their plans for the revitalization of East Hills Mall in Bakersfield, Calif. The vision is to transform the enclosed mall into an exciting, destination open-air lifestyle center offering a collection of restaurants, shopping and entertainment in 350,000 square feet. A new, state-of-the-art, movie theater complex will serve as the centerpiece of the new development. The redevelopment project is expected to break ground late in the second quarter or early third quarter of this year, and be completed in the third quarter of 2018. More...

International award-winning firm KTGY Architecture + Planning is pleased to announce that Solaira at Pavilion Park in Irvine has won the Silver Award for the “Best Senior Housing, Multifamily” in the Best In American Living™ Awards (BALA) by the National Association of Home Builders’ (NAHB).  In its 33rd year, BALA recognizes outstanding achievement by builders and design professionals in all sectors of the residential industry, including single-family production, custom, rental, affordable, interiors, remodeling, community and international

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant core located PNC Bank Ground Lease located at 1640 W Fullerton Avenue in Chicago, IL for $6,000,000. The Property is located in the Lincoln Park neighborhood, one of Chicago’s wealthiest and most expensive communities with average single-family home prices of approximately one million dollars

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Walgreens property located at 1703 Park Avenue in Muscatine, Iowa for $3,639,000.

With more than 300,000 SF currently in development/redevelopment and another 200,000 SF in the pipeline, Meridian is still aggressively pursuing more value-add general office and medical office building opportunities throughout California. More...

Hanley Investment Group Real Estate Advisors, a nationally-recognized boutique real estate brokerage and advisory firm specializing in the sale of retail properties, announced today the company closed out the year 2016, with the sale of 82 retail properties totaling nearly $540 million.

International award-winning KTGY Architecture + Planning announced today that Orange County-based Civic Partners, the developer of Artisan Alley at The Diamond, a unique retail development located in western Riverside County in the City of Lake Elsinore, Calif., designed by KTGY, recently received approval from the city council and planning commission. More...

Meridian, a full-service office property developer in California, is pleased to announce the purchase of 1000 Marina, a six-story 105,000-square-foot office building in San Mateo County, Calif. The seller was TA Associates, a private equity firm based in Boston, Massachusetts. Meridian paid just under $29 million for the 90%-leased building located in the Sierra Point Submarket in the city of Brisbane. The purchase closed in the final week of 2016 and represented Meridian’s second major office transaction in northern California since September when the firm sold The Atrium, a 77,000-square-foot office building in Pleasanton. More...

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant Bob Evans property located at 105l El Jobean Road in Port Charlotte, Florida for $1,904,000. More...