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Lee & Associates Welcomes Three Associates to Newport Beach Office

Torrance, CA - July 29, 2011 - (RealEstateRama) -- Lee & Associates, one of the largest national commercial real estate providers with regional expertise, welcomes three commercial real estate experts to the Newport Beach office. With more than 15 years of combined experience, Judd Hietbrink, Wyatt Prichard and Justin Wegnes specialize in industrial and office brokerage.

Lee & Associates Transacts 15,510 Square Foot Office Lease in Oxnard, CA

OXNARD, CA - July 29, 2011 - (RealEstateRama) -- Lee & Associates-LA North/Ventura, Inc. Principals John Ochoa, SIOR, and Grant Harris and Vice President David Kim transacted a 15,510-square-foot office lease that will bring the first Laurus College campus to Ventura County.

Homeownership Tax Benefits Must Be Preserved, Say Realtors®

Washington, DC - July 29, 2011 - (RealEstateRama) -- Any changes to the mortgage interest deduction now or in the future could threaten recent progress toward stabilizing the housing market, critically erode home prices and values, destroy middle-class wealth accumulation and hurt economic growth.

NAR and NHC Bring Workers Home Through Workforce Housing Forum

Washington, DC - July 29, 2011 - (RealEstateRama) -- Public and private sector workers in the Northeast need more affordable housing opportunities. In response, the National Association of Realtors®, in partnership with the National Housing Conference, will host a regional forum today in Boston to help develop solutions to workforce housing issues

Office-Using Employment Gains, Reliance on Concessions to Nudge Down Phoenix Vacancy in Second Half

Phoenix, AX - July 29, 2011 - (RealEstateRama) -- Although office net absorption in Phoenix remains negative year to date, the local economic recovery gained traction in the second quarter. Businesses added 14,900 positions locally, a 0.9% staffing boost, in the past six months, compared to a nationwide increase of 757,000 jobs, or 0.6%. Improvements have been greatest in the Valley’s healthcare and leisure and hospitality sectors, with white-collar industries dampening overall growth through the first quarter of 2011. Nevertheless, Phoenix white-collar employers rebounded in the most recent quarter. Local office-using employment sectors augmented payrolls by an estimated 2,800 workers, a 0.7% quarterly gain, mirroring the healthy white-collar improvements that have been recorded nationally. Recent hiring announcements from companies including Safelite, Humana, Yelp and Easy Energy Systems Inc. support projections for a sturdy, albeit late, white-collar recovery through year end, helping to stabilize space demand. U.S. emp loyment will increase by a projected 1.65 million jobs in 2011, including to 39,000 positions in Phoenix, a 2.3% marketwide gain. Local white-collar sectors are anticipated to hire 5,600 workers, growth of 1.3%.

June Massachusetts Home Sales Down as Prices Continued to be More Affordable

WALTHAM, MA - July 28, 2011 - (RealEstateRama) -- The Massachusetts Association of REALTORS® (MAR) reported today that June sales were down from the same time last year, but up from this past May. Median prices for single-family homes were down less than two percent on a year-over-year basis, but continue to go up from the month before. While condominium sales were also down on a year-over-year basis, median prices were up for the third straight month. Condominium month-to-month sales and median prices were both up as well.

Americas Hotel Transaction Volume Up Approximately 180 Percent to $7.4 Billion in First-Half 2011

CHICAGO, IL - July 28, 2011 - (RealEstateRama) -- Jones Lang LaSalle Hotels today reported that the volume of hotel investment transactions that closed in the Americas market in the first six months of 2011 reached $7.4 billion—a robust increase of approximately 180 percent on the same prior-year period. The numbers represent preliminary totals from Jones Lang LaSalle Hotels’ Hotel Investment Highlights Americas report due to be released later this month. The firm’s research tracks hotel asset transactions in excess of $10 million, and excludes note sales, recapitalizations and foreclosures.

FLORIDA’S COMMERCIAL REAL ESTATE MARKETS TODAY: UP, DOWN AND IN BETWEEN

Miami, FL - July 28, 2011 - (RealEstateRama) -- Market conditions have improved across Florida, but with little consistency between product types and classes, as reported by the CBRE 2Q 2011 Statewide MarketViews released today. CBRE MarketViews report on commercial real estate trends in the Florida. Markets tracked include Jacksonville, Orlando, Tampa Bay, and South Florida.

Jerry Seinfeld selling Colorado property for US$18.25 million

July 28, 2011 - (RealEstateRama) -- Jerry Seinfeld, the star and co-creator of hit US television show ‘Seinfeld’, has put his Colorado estate on the property market for US$18.25 million. Nestled in the Rocky Mountains and described as “an evolv...

Congresswoman Hirono, Congresswoman Hanabusa, and Congressman Young Introduce Measure Supporting Native Hawaiian Homeownership

Washington, DC - July 28, 2011 - (RealEstateRama) -- Hawaii Congresswomen Mazie K. Hirono and Colleen Hanabusa and Alaska Congressman Don Young today introduced a bipartisan bill to continue programs providing housing assistance for low-income Native H...

Major National Landscaping Firm Enters L.A. Market With Acquisition of Dworsky Cos.

Los Angeles, CA - July 28, 2011 - (RealEstateRama) -- Marking its entrance into the Los Angeles market, national landscape services provider The Brickman Group has acquired Dworsky Cos., one of L.A.’s leading commercial landscape services firms. The acquisition of Dworsky, a family-owned company founded in 2002, gives Brickman a stronger foothold in the Southern California market — with more than 1,000 employees — as it builds upon its nationwide expansion. Dworsky is headed by Founder Dave Dworsky, who in his 20 years in the industry has stamped an expansive mark servicing the Greater Los Angeles area. The terms of the acquisition were not disclosed.

Pending Home Sales Rise in June

Washington, DC - July 28, 2011 - (RealEstateRama) -- Pending home sales increased in June following a wide swing down in April and then up in May, according to the National Association of Realtors®. Activity increased in the West and South but declined in the Midwest and Northeast; all regions show strong double-digit gains from a year ago.

IDX, Inc. and Daniel Baber create remarkable real estate search resource for Naples clients

EUGENE, OR - July 28, 2011 - (RealEstateRama) -- Today, IDX, Inc. is pleased to announce IDX Broker has been enabled on the professional real estate website of Naples, Florida Broker Daniel Baber of Baber Realty. By adopting a customizable IDX solution, Baber has synced his website to the Sunshine MLS database, extracting raw listing data and seamlessly integrating it onto the search page he hosts. With IDX Broker software, Baber has created a dynamic online property search for his clients and other Naples area home seekers.

Home Buyers and Sellers Prefer RE/MAX

DENVER, CO - July 28, 2011 - (RealEstateRama) -- Results from the J.D. Power and Associates 2011 Home Buyer/Seller StudySM, recognize RE/MAX for providing the highest overall consumer satisfaction for both home buyers and home sellers. In last year’s study, two different companies ranked the highest in each category, but this year home buyers and sellers both rated RE/MAX the highest.

Keystone Pacific Property Management Announces Irvine New Hire

Torrance, CA - July 27, 2011 - (RealEstateRama) -- Keystone Pacific Property Management, a California-based community association management company, welcomes Kara Gonzalez as its newest community association manager. Gonzalez joins the firm with 15 years of management experience.

Jones Lang LaSalle Completes 110,000-SF Lease for Eastgate Realty with Cerberus Capital Management at...

NEW YORK, NY - July 27, 2011 - (RealEstateRama) -- Jones Lang LaSalle has completed a new direct lease for building owner Eastgate Realty with Cerberus Capital Management LP at 875 Third Avenue. The private investment firm signed a 10-year lease for 110,000 square feet at the Class A, 720,000-square-foot office building.

The Boulder Group is Awarded Disposition Assignment of Midwest Walgreens Portfolio

Chicago, IL - July 27, 2011 - (RealEstateRama) -- The Boulder Group, a national single tenant net lease investment brokerage firm, has been selected as the exclusive advisor for the sale of a Walgreens portfolio consisting of four properties. Three of the properties are located within the Chicago MSA and the remaining asset is located in Cedar Rapids, Iowa.

Lee & Associates Promotes Marshal Vogt to Principal

Torrance, CA - July 27, 2011 - (RealEstateRama) -- Lee & Associates, the nation’s largest broker-owned commercial real estate provider, has promoted Marshal J. Vogt to principal. Vogt joined Lee & Associates Orange as a runner/associate in August 2006 and has been a significant contributor to the company’s revenue since his arrival. He is an office broker specializing in representing landlords and tenants with the selling and leasing of office properties.

Dan Dal Porto simplifies online property search for his clients with a custom IDX...

EUGENE, OR - July 27, 2011 - (RealEstateRama) -- With new accounts being added daily, IDX, Inc. announces the latest addition to the growing network of agents and brokers utilizing the dynamic IDX Broker software: San Luis Obispo County real estate pro...

Rosen Seymour Signs 44,851-SF Renewal at 757 Third Avenue in New York

NEW YORK, NY - July 27, 2011 - (RealEstateRama) -- Rosen Seymour Shapss Martin & Company LLP signed a 15-year renewal for 44,851 square feet at the Class A, 457,250-square-foot office building.

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

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.