Wednesday, April 2, 2025

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ARCO / Murray Construction Awarded La Chiquita Production Facility

ARCO / Murray Construction Company is pleased to announce that it has been awarded the construction for the La Chiquita tortilla production and distribution facility located in Orlando, Florida. The 80,000 square foot project will consist of renovating an existing warehouse to accommodate a production area, freezer, cold dock, and office space.

TIAA-CREF and Allianz Create Joint Venture Investment in Miami’s Waterford at Blue Lagoon

TIAA-CREF, a leading U.S. financial services organization and the nation’s largest manager of U.S. institutional tax-exempt real estate assets*, is selling a 49% interest in six office properties and two land parcels in Miami, forming a joint venture with Allianz Real Estate of America. TIAA-CREF will retain a 51% interest in the properties, located at the Waterford at Blue Lagoon corporate park near Miami International Airport, and serve as the operating partner

Westwood Financial Corp. Acquires Value Add Kroger Anchored Shopping Center in Phoenix

Westwood Financial Corp. (WFC), one of the largest privately held owner-operators of grocery-anchored retail properties in the United States, announced the acquisition of the Avondale Fiesta shopping center for $7.6 million. The Kroger shadow-anchored center is 34,129-square-feet and is located at 11435 West Buckeye Road in Avondale, Arizona, in the greater Phoenix area.

The Boulder Group Arranges Sale of a Net Leased AT&T and Heartland Dental Property...

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a two-tenant net leased center located at 418-20 East Rollins Road in Round Lake Beach, IL for $2,163,087

Meridian Sells 69,000 SF Medical Office Building in Rohnert Park, Calif. for $21.5 Million

With more than 170,000 SF in development/redevelopment and another 100,000 SF in the pipeline, Meridian is still aggressively pursuing more value-add medical office opportunities throughout California

Hunt Mortgage Group Hires Amy Shah to Launch CLO Initiative

Hunt Mortgage Group, a full-service commercial real estate lender, announced today that Amy Shah has joined the firm to launch and build a Collateralized Loan Obligation (CLO) platform for the Company. She joins the firm as Vice President on the Proprietary Lending Team and will report to Michael Becktel, Director. Shah will operate out of the firm’s New York office.

The Boulder Group Arranges Sale of Net Lease Hooters Property

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net lease Hooters property located at 316 SW Greenville Boulevard in Greenville, NC for $1,500,000. The 4,100 square foot Hooters property is located along the area’s primary thoroughfare which features numerous national retailers including Walmart Supercenter, Target, Kohl’s, Lowe’s, Dick’s Sporting Goods, Best Buy and many others.

Mixed-use Studio Apartment Community Achieves USGBC LEED Platinum Certification

While Silicon Valley may be booming with new high-tech start-ups and the coveted jobs associated with them, many in the workforce still lack access to affordable housing that they can call home. Partnering with the City of Mountain View, ROEM Corporation and Eden Housing, took the challenge of converting an older community lacking modern amenities into a community that rivals market-rate housing in design and amenities while achieving the highest USGBC LEED rating, LEED-H Platinum Certification

The Boulder Group Publishes Net Lease Drug Store Research Report

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 Drug Store Market.

Hanley Investment Group Launches Annual Fundraiser for Men’s Health, Growing One Moustache at a...

Hanley Investment Group Real Estate Advisors, a nationally-recognized boutique real estate brokerage and advisory firm specializing in retail property sales, announced today that the group is launching its fifth annual Movember campaign to raise funds and awareness for men’s health during the month of November, by growing moustaches and moving. Last year, Hanley Investment Group exceeded its goal and raised $27,000. The group was ranked #39 out of nearly 23,000 teams nationwide (the top 1% in the U.S.) in the fundraising effort. This year, Hanley Investment Group hopes to exceed last year’s amount

The Boulder Group Arranges Sale of Net Lease Family ER + Urgent Care Property

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant Family ER + Urgent Care property located at 8200 N MacArthur Boulevard in Irving, TX for $6,154,000.

Affordable Housing Program Grant to Benefit Fast-Growing Louisiana City

The City of Hammond, Louisiana is the newest beneficiary of a $90,000 Affordable Housing Program (AHP) grant from the Federal Home Loan Bank of Dallas (FHLB Dallas) and member institution Whitney Bank

$60+ Million Mixed-Use Student Housing Community Moving Forward Near Arizona State University

National award-winning KTGY Architecture + Planning is pleased to announce that Legacy Partners Residential has received city approval for the development of University Village 2.0, a new $60+ million mixed-use 775-bed student housing community in Tempe, Arizona. Located just minutes away Arizona State University (ASU), shopping and dining, and directly adjacent to Tempe's light rail line, the new development will replace a 1960s-era student housing complex, which will be demolished. KTGY is the project’s designer and architect.

KTGY Principal Ken Ryan to Participate in 2015 Planning Officials Forum at Richard Nixon...

National
National award-winning firm KTGY Architecture + Planning is pleased to announce that Ken Ryan, principal and head of KTGY's Community Planning and Urban Design Studio, has been invited to participate in the Planning Directors Association of Orange County’s 2015 Planning Officials Forum on October 22, 2015, at Richard Nixon Presidential Library & Museum in Yorba Linda, Calif. The event is sold out

SummerHill Apartment Communities to Celebrate Completion of Domus on the Boulevard in Mountain View,...

The new luxury residential rental community provides amenity-rich living environment near employment, retail, restaurants and transit, and furthers the City's Grand Boulevard vision for on El Camino Real. SummerHill Apartment Communities, a division of SummerHill Housing Group and a leader in providing quality, smart growth, multi-family rental housing and mixed-use developments, announce the completion of "Domus on the Boulevard," a new 193-unit luxury residential rental community in Mountain View, Calif

The Boulder Group’s Sale of Trophy CVS Property Sets Record Cap Rate

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant triple net leased CVS property located at 5920 West Park Boulevard in Plano, Texas for $10,202,589. This trophy property was sold at a 4.82% cap rate which is the lowest cap rate for a drug store property sold in 2015 outside of California according to Real Capital Analytics

Water Main Repairs Completed and Water Service Restored

Road repairs are underway on Rockville Pike (Rt. 355) at Cedar Lane in Bethesda following Tuesday’s 16-inch water main break. Paving crews will work through tonight’s rush hour, keeping at least one lane open both north and southbound. All lanes are expected to be open prior to the Thursday morning rush hour

Meridian Acquires 19,202 SF Medical Office Building in Oakland, California

Meridian, a full service real estate developer and owner of medical real estate, is pleased to announce that it has closed escrow on the purchase of a 19,202-square-foot medical office building located in Alameda County at 380 W. MacArthur Boulevard in Oakland, California. Meridian purchased the property from BIC Oakland, LLC of Kentfield, California, in an off-market transaction. The sales price could not be disclosed.

Family Matriarch Grateful for Critical Home Repairs Funded by Special-Needs Grant

Virginia Fricke, 74, has raised and cared for generations of her family in Bay St. Louis: five girls, seven grandsons, five granddaughters, 15 great-grandsons, and four great-granddaughters. Her home, rebuilt in 2006 after Hurricane Katrina, stands on the same property where she has lived for more than half a century

Omar Davila Named Store Manager of Weslaco McCoy’s Building Supply

Davila joined the McCoy’s team four years ago in Pharr as part of the company’s Management Development Program and his wealth of knowledge was immediately evident. His first Assistant Manager position was in Beeville, Texas where he embraced McCoy’s passion for making life easier for those who build. Most recently Davila managed McCoy’s Aransas Pass store before taking the helm of the Weslaco location

Business Real Estate Press Releases

Dominik Pogorzelski, President MLS

10 More MLSs deploy Restb.ai advanced AI features

Restb.ai, the real estate industry’s leader in AI-powered computer vision technology, continues its rapid expansion by serving 10 additional Multiple Listing Services (MLSs) throughout the US.

Recent Gov & Nonprofit Real Estate Press Releases