Investing

According to international award-winning firm KTGY Architecture + Planning, well-designed luxury homes targeting 55+ buyers in amenity-rich communities continue to experience strong demand. Prior to Toll Brothers’ Regency at Summerlin® opening, the sales team had hundreds of individuals on their waiting list. Toll Brothers Group President Gary Mayo says that 45 homes were sold within the first four months after the models were open, and the waiting list has grown exponentially

The Max C. Tipton Award for Marketing Excellence was recently presented to Nick Lehnert of KTGY Architecture + Planning at the 2016 SoCal Awards at the Disneyland Hotel in Anaheim, California. This annual awards gala is presented by the Building Industry Association’s Greater Sales & Marketing Council of Southern California and recognizes the best in professional achievement, sales, marketing and design throughout the region

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant new construction Dollar General located at 307 Highway 5 in Logansport, LA for $1,113,685. The 9,014 square foot Dollar General building is strategically located along Highway 5 which is the primary north-south thoroughfare in the trade area. The surrounding trade area features Dairy Queen, Whataburger, Subway, Brookshire Brothers, Community Bank of Louisiana, Farmers State Bank and Family Dollar.

WPM Commercial, an Atlanta-based investor and developer, said today it is marketing for sale a 220-acre tract entitled for up to 3,500,000 square feet of distribution and manufacturing space in Adairsville, Georgia.

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Insurance Auto Auctions, Inc. (IAAI) property located at 891 Ballardsville Road in Eminence, Kentucky for $5,619,000. IAAI is one of the leading North American salvage auto auctions with the largest facility footprint, strong buyer base and high auction returns

On Thursday, September 8, 2016, the City of San Luis Obispo celebrated the grand opening of South Hills Crossing, a new affordable apartment community by ROEM Corporation in partnership with the Housing Authority of the San Luis Obispo (HASLO). The grand opening celebration was held at 1:00 p.m. at 309 South Street, San Luis Obispo, CA 93401

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant Starbucks property located at N65 W24950 Main Street in Sussex, Wisconsin for $1,075,000. The Starbucks property is located at the intersection of Highway 164 and Main Street on the western edge of the Village of Sussex. The property is shadow-anchored by a highly successful Pick 'n Save grocery store and shares common site access with a North Shore Bank branch. The property benefits from excellent visibility and simple access

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 Eric Wohl negotiated the sale of a 6,786-square-foot multi-tenant retail pad to a new Walmart Supercenter in Ontario, Calif. The sale price of $5,968,800, representing a cap rate of 5.02% and $880 per square foot, achieves a record low cap rate and the highest price per square foot for a multi-tenant pad building shadow anchored by Walmart in California, according to CoStar.

Meridian, a full service real estate developer and owner of general and medical office real estate, is pleased to announce that it has closed escrow on the sale of its 74,000-square-foot multi-tenant office building located in Alameda County at 5776 Stoneridge Mall Road in Pleasanton, Calif. The building is popularly known as “The Atrium.” The sale price was $15.5 million, representing a cap rate of just under 7.0%.

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant US Bank office property located at 615 East Michigan Street in Milwaukee, WI for $14,000,000.

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that Senior Vice President Jeremy McChesney completed the sale of a brand new construction single-tenant absolute triple-net Black Bear Diner in Orange County, Calif. The purchase price was $3,295,000, representing a 4.40% cap rate.

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 Dollar Store Market

Planet Home Living is pleased to announce another new community coming soon. COVO in Silver Lake, the heart of LA’s trendy Eastside, will fit the needs of modern, urban homeowners. “Due to its modern design and popular location in Silver Lake, we are anticipating high demand at COVO similar to what was experienced at Prism, our community that opened in early 2016 and sold out in the matter of weeks,” said Planet Home Living COO David French

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant new construction Dollar General located at 4180 University Parkway in Natchitoches, LA for $1,362,000.