Investing

Kettler, one of greater Washington, D.C.’s leading real estate development and property management companies, announced today the opening of m.flats Crystal City, an 11-story, 198-unit, high-rise apartment building located in the Crystal City neighborhood of Arlington, Va.

anley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm represented the buyer and seller in the off-market sale of a 13,940-square-foot multi-tenant retail pad, shadow-anchored by a new Walmart Supercenter at 13325 Main Street in Hesperia, Calif. The sale price was $8.5 million, yielding a cap rate of 5.33 percent.

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant Goodwill property located at 2001 Progressive Parkway in Platteville, Wisconsin for $1,650,000. More...

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant Starbucks property located at 13945 Highway 13 Frontage Road in Savage, Minnesota for $1,475,000. More...

The Boulder Group’s Research Department has released a new research report providing comprehensive numbers and analysis of the 3rd quarter activity in the National Net Lease Market.

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Rite Aid property located at 8230 Cazenovia Road in Manlius, New York for $3,800,000.

Lee & Associates, a national commercial real estate brokerage firm, announced today that the company represented the buyer and seller in the sale of Grovemont Square, a 29,030-square-foot multi-tenant retail shopping center at 2428 North Grand Avenue in Santa Ana, Calif. The sale price was $4,730,000, representing a cap rate of 4.26 percent.

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Orscheln Farm & Home property located at 1311 Business Highway 61 South in Bowling Green, MO for $2,440,000

CBRE Executive Vice President Philip D. Voorhees announced today that he, Jimmy Slusher and their National Retail Investment Group – West (NRIG-West) team completed the sale of the Taco Bell and Shops, a 18,175-square-foot, strip center in the city of San Diego, Calif., leased to a synergistic mix of food and service tenants, including Taco Bell, El Pollo Loco, Pick Up Stix, AT&T and T-Mobile. The sale price was $14 million, representing a 5.0% cap rate.

KTGY Architecture + Planning announced today that The Maxwell in the Ballston neighborhood of Arlington, Va., outside of Washington, DC, earned the Grand Award in the 2016 Multifamily Executive Awards program. Developed by Crimson Partners and designed by KTGY, The Maxwell was named Project of the Year, Mid-Rise Podium or Wrap (4 to 6 stories) at a special event held during the 2016 Multifamily Executive Conference, which took place September 19-21 in Las Vegas, Nev.

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant new construction CVS Pharmacy ground lease located at 2501 N. Field Street in Dallas, Texas for $14,890,000. The property sold at a 4.60% cap rate which is the lowest cap rate for a CVS sale in 2016 according to CoStar

Crescent Communities has commenced construction on Lakemont East, an innovative industrial building in Fort Mill, South Carolina. Lakemont East, which offers 201,000-square-feet of multi-use space, is the latest addition at the 864-acre Lakemont Industrial Park, where Crescent has developed more than 5 million square feet of space in Charlotte’s Southwest and York County submarkets. Located on Springhill Farm Road off Carowinds Boulevard, Lakemont East features an innovative design and sustainable features

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased movie theatre portfolio consisting of three properties located in North Carolina for $15,973,000. The portfolio consists of three long term leased movie theaters with over 16 years remaining tenanted by Coastal Cinemas, Creekside Cinemas, and Spring Lane Cinemas. The absolute triple net leases feature annual rental escalations and no landlord responsibilities. Each of the properties is located in strategic retail locations with minimal competition in the surrounding trade areas.

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, in conjunction with Lee & Associates, announced today that the two firms completed the sale of a single-tenant Sonic Drive-in located at 9505 Magnolia Avenue in Riverside, Calif. The sale price of $2,555,000 represented a cap rate of 4.70%, a record low for a single-tenant Sonic Drive-In restaurant nationwide.