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Property Developer Charged with Exposing Employees to Asbestos During Removal Operations

ROCHESTER, NY - December 21, 2011 - (RealEstateRama) -- U.S. Attorney Anastasios “Taso” Kolokouris, 28, of Avon, N.Y., has been arrested and charged by Criminal Complaint with violating the Clean Air Act asbestos work practice standards involving a...

CBRE CAPITAL MARKETS ARRANGES $5 MILLION IN FIXED FINANCING FOR THE GREEN COMPANIES

Hialeah, FL - December 21, 2011 - (RealEstateRama) -- CBRE Capital Markets in Miami secured $5 million in fixed financing on behalf of The Green Companies, a family-owned real estate development firm based in Miami. The terms of the loan, for the Green...

MAYOR JOHN DESTEFANO TO TAKE A STAND WITH NEW HAVEN BUILDING CLEANERS FIGHTING FOR...

WASHINGTON, D.C. - December 21, 2011 - (RealEstateRama) -- The New Haven mayor will join building cleaners rallying for fair wages at 4 p.m. Wednesday at the corner of Church and Elm streets downtown. The rally comes as the December 31st contract expiration date ticks closer for the more than 2,000 building cleaners in New Haven and Hartford represented by 32BJ. Building cleaners began their contract talks with employers in mid-November. But with the two sides still far apart, the building cleaners voted last week to authorize their bargaining committee to call a strike if a fair agreement cannot be reached.

Lee & Associates New Jersey Brokers $9.7 Million Lease

Torrance, CA - December 21, 2011 - (RealEstateRama) -- Lee & Associates, the nation’s largest broker-owned commercial brokerage firm, has completed a 15-year, $9.7 million lease of the Expressway Corporate Center in Egg Harbor, New Jersey.

VOIT DIRECTS ACQUISITION OF 60,000 SQUARE-FOOT SHOPPING CENTER IN MURRIETA

INLAND EMPIRE, CA - December 21, 2011 - (RealEstateRama) -- Voit Real Estate Services’ San Diego office has successfully directed the $8.5 million acquisition of Margarita Center, a 60,390 square-foot retail property located at 39520-40 Murrieta Ho...

Sen. Menendez and NJ Legislators to Call for Fair Contract for Building Cleaners

WASHINGTON, D.C. - December 21, 2011 - (RealEstateRama) -- U.S. Senator Robert Menendez; State Senators Ray Lesniak (D-Union) and Ron Rice (D-Essex); and Assemblywoman Annette Quijano (D-Union) will join a rally of New Jersey building cleaners in Newark today to call for employers to agree to a fair contract for the 7,000 men and women who keep New Jersey office buildings clean, safe and sanitary. The brief rally will be held outside the Hilton at Gateway Center in Newark during a break in contract talks going on inside the building. Elected officials are taking a public stand six days after 2,000 building cleaners from around the state marched through downtown Newark and voted to authorize their union's bargaining committee to call a strike if a fair agreement is not reached before the union contract expires at 12:01 a.m. on January 1st.

Existing-Home Sales Continue to Climb in November

Washington, DC - December 21, 2011 - (RealEstateRama) -- Existing-home sales rose again in November and remain above a year ago, according to the National Association of Realtors®. Also released today were periodic benchmark revisions with downward adjustments to sales and inventory data since 2007, led by a decline in for-sale-by-owners.

NEW $135 MILLION INDUSTRIAL PARK PLANNED IN MIAMI-DADE COUNTY

Miami, FL - December 21, 2011 - (RealEstateRama) -- In one of the largest industrial land transactions in Miami-Dade County since before the recession, Liberty Property Trust (NYSE:LRY) has acquired 126 acres for the development of Miami International ...

Lee & Associates Closes $6.2 Million Industrial Transaction

Torrance, CA - December 21, 2011 - (RealEstateRama) -- Lee & Associates, the nation’s largest broker-owned commercial brokerage firm, has closed a $6.2 million sale of an industrial building at 4200 Mission Blvd. in Ontario, Calif.

GPE Closes 62,225 Square Feet for $3.95M in November 2011

December 20, 2011 (Scottsdale, Arizona) - GPE Companies (www.gpe1.com) reported closing 16 sales and leasing transactions in the amount of $3.95M for 62,225 square feet. Additionally, GPE Management Services successfully concluded construction supervis...

CUSHMAN & WAKEFIELD ARRANGES $285 MILLION SALE OF JERSEY CITY’S 10 EXCHANGE PLACE

JERSEY CITY, N.J. - December 20, 2011 - (RealEstateRama) -- Cushman & Wakefield’s Metropolitan Area Capital Markets Group (CMG) has orchestrated the sale of 10 Exchange Place. The 748,005-square-foot building is a 30-story trophy office tower and...

NYCHA Chairman Rhea and HPD Commissioner Wambua Announce Second Development in NYC to Combine...

New York, NY - December 20, 2011 - (RealEstateRama) -- NYC Housing Authority (NYCHA) Chairman John B. Rhea and NYC Department of Housing Preservation and Development (HPD) Commissioner Mathew M. Wambua announced today the release of a Request for Propo...

GPE Closes Deal on Office Building in Prestigious Kierland Area of Scottsdale

December 20, 2011 (Scottsdale, Arizona) - GPE Commercial Advisors, an award-winning commercial real estate firm, secured the sale of a 13,531 square foot, two-story office building in upscale, Scottsdale Airpark on 7020 East Acoma Drive in Scottsdale. ...

CONSTRUCTION EMPLOYMENT RISES IN ONLY 19 STATES AND THE DISTRICT OF COLUMBIA IN NOVEMBER,...

WASHINGTON, D.C. - December 20, 2011 - (RealEstateRama) -- Construction employment rose in only 19 states and the District of Columbia in November, a weaker showing than in recent months, according to an analysis by the Associated General Contractors of America of Labor Department data. In contrast, 25 states plus D.C. added jobs on a year-over-year basis, while 24 states shed construction jobs.

Lee & Associates Completes 36-Month Industrial Lease on Behalf of Investment Building Group

Torrance, CA - December 20, 2011 - (RealEstateRama) -- Lee & Associates, one of the largest national commercial real estate providers with regional expertise, has completed a 36-month lease for a 141,200 square-foot industrial space located at 105...

Hodgdon Group Completes 12th Retail Project for Ashley Furniture HomeStore at Northridge Fashion Center...

COLTON, CA - December 20, 2011 - (RealEstateRama) -- The Hodgdon Group, a full-service real estate brokerage, development and construction firm, announced today that it has completed construction on the conversion of the former Levitz building at North...

VOIT COMPLETES TWO INDUSTRIAL OWNER/USER SALES ENCOMPASSING 48,000 SQUARE FEET IN GREATER LOS...

Los Angeles, CA - December 19, 2011 - (RealEstateRama) -- Voit Real Estate Services’ Anaheim office has completed two industrial property sales encompassing 47,620 square feet for a total consideration of $4.8 million in Greater Los Angeles.

Rahall: FEMA Funding Awarded for Raleigh County Flood Damage

WASHINGTON, D.C. - December 19, 2011 - (RealEstateRama) -- U.S. Rep. Nick Rahall (D-W.Va.) Friday announced federal flood recovery monies for Raleigh County, enabling long-term hazard mitigation measures to move forward for homes damaged by flooding in...

Brown Announces that Ohio Will Receive More Than $165 Million in Home Heating Assistance...

WASHINGTON, D.C. - December 19, 2011 - (RealEstateRama) -- U.S. Sen. Sherrod Brown (D-OH) today announced that Ohio is set to receive more than $165 million in home heating assistance funds during Fiscal Year 2012—more than $8 million more than it wo...

Dee Chirafisi and Deviree Vallejo of Kentwood City Properties Now Marketing Unique Detached Homes...

DENVER, CO - December 19, 2011 - (RealEstateRama) -- Dee Chirafisi and Deviree Vallejo of Kentwood City Properties have announced the opening of sales at Boardwalk31, an exciting new residential development at the corner of 31st and Irving in Denver’...

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

Why Roofing Materials Matter When Fixing Up Your Home For Resale

Why Roofing Materials Matter When Fixing Up Your Home For Resale

When preparing your home for resale, attention to detail is key to maximizing its value and appeal to potential buyers. While many aspects of home improvement are important, the choice of