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CBRE SELLS 46,058 SQUARE FOOT MULTI-TENANT SHOPPING CENTER
Fort Lauderdale, FL - May 7, 2013 - (RealEstateRama) -- CBRE arranged the sale of Charles Plaza, a 46,058 square foot unanchored multi-tenant retail center. The buyer, S17TPA Corp. and ABC Development, Inc., purchased the property for $5,625,000 from MCCS-1, LLC, a Florida-based private investor who hired CBRE to market the asset for sale and negotiate the transaction.
CBRE ARRANGES LEASE AT CORPORATE CENTER AT THE GARDENS
Palm Beach Gardens, FL - May 7, 2013 - (RealEstateRama) -- CBRE arranged a lease of 7,000 square feet at a 96,000 square-foot Class A office building at Corporate Center at the Gardens in Palm Beach Gardens, Florida. The office space at 4200 Northcorp Parkway, owned by an affiliate of Lexington Realty Trust, a New York City-based real estate investment trust, will serve as a new world headquarters for eXfuze
Statement From NAR President Gary Thomas on Melvin Watt’s Nomination to Head FHFA
WASHINGTON, DC - May 2, 2013 - (RealEstateRama) -- The following is a statement by National Association of Realtors® President Gary Thomas
Mortgage Bankers’ Commercial/Multifamily Originations Rise to $244.2 Billion In 2012
WASHINGTON, D.C. - April 17, 2013 - (RealEstateRama) -- Commercial and multifamily mortgage bankers closed $244.2 billion of loans in 2012 according to the Mortgage Bankers Association’s (MBA) 2012 Commercial Real Estate/Multifamily Finance Annual Origination Volume Summation.
Lee & Associates-San Diego County Negotiates $4.2 Million Industrial Sale
Torrance, CA - April 3, 2013 - (RealEstateRama) -- Lee & Associates, one of the largest national commercial real estate providers with regional expertise, has completed a sale of the 41,000-square-foot industrial building located at 1332 S. Lone Hill Avenue in Glendora, Calif. The property sold for $4.23 million
Building Technologies Office Announces $3 Million to Advance Building Automation Software Solutions in Small...
WASHINGTON, D.C. - April 1, 2013 - (RealEstateRama) -- The Department of Energy’s Building Technologies Office (BTO) today announced a funding opportunity for $3 million to fund up to three awards to develop an open source software solution for building automation systems (BASs) for small (5,000 square feet ) to medium-sized (between 5,000 square feet and 50,000 square feet) commercial buildings.
Stiles and Hensler Co-Develop $80 Million High-rise Luxury Apartment in Nashville’s Gulch District
Fort Lauderdale, FL. and Nashville, TN - March 11, 2013 - (RealEstateRama) -- Full-service Fort Lauderdale, FL-based commercial real estate firm Stiles and Nashville, TN-developer Ray Hensler announced today they have partnered on an $80 million, 23-story, high-rise luxury apartment building in Nashville’s burgeoning Gulch district. The Gulch is a 22-block redevelopment district located on the west edge of downtown that’s benefited from a spike in urban development and an influx of trendy restaurants, retail and boutique shopping. The Gulch was recognized as the first LEED Silver Status Neighborhood Development in the southeastern United States, and only the 4th in the world.
SALISBURY-BASED BAY STEEL EXPANDS INTO NEW LOCATION
MARCH 2013, SALISBURY, MD - March 7, 2013 - (RealEstateRama) -- John McClellan, CCIM, a Senior Advisor with Sperry Van Ness-Miller Commercial Real Estate in Salisbury, MD is pleased to represent locally-based Bay Steel in expanding into a new location. Bay Steel will occupy 9,800 sq ft located at 707 Brown St, just off Route 13 Business in Salisbury, MD
BEN ALDER, SELECTED BY THE REALTORS® LAND INSTITUTE
WASHINGTON, D.C. - March 6, 2013 - (RealEstateRama) -- Ben Alder, Sperry Van Ness – Miller Commercial Real Estate, Salisbury, MD, has been selected for membership by the REALTORS® Land Institute (RLI), headquartered in Chicago, IL. The announcement was made by RLI, which is an affiliate of the NATIONAL ASSOCIATION OF REALTORS®. Ben Alder is also a member of the Coastal Association of REALTORS® and the RLI MD Chapter
The Boulder Group Publishes Net Lease Drug Store Research Report
Northbrook, IL - March 4, 2013 - (RealEstateRama) -- 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.
NAI Capital Represents Seller in the Sale of the Temecula Rancho Center for $1.4...
TEMECULA, CA - March 4, 2013 - (RealEstateRama) -- Cheryl Pestorwith NAI Capital’s Pasadena office represented the Seller, Community Commerce Bank, in the sale of a 17,558 SF retail property located at the Temecula Rancho Center to the Buyer, JA Plaza, LLC. The value of the sales transaction was approximately $1.4 Mil.
Contribute to the 2013 NAIOP Commercial Real Estate Compensation Survey
WASHINGTON, D.C. - March 1, 2013 - (RealEstateRama) -- Your participation in the 2013 NAIOP Commercial Real Estate Compensation Survey is important and will help shape the future of commercial real estate. All participants will receive a complimentary electronic copy of the full comprehensive survey report – a $1,500 value!
Lee & Associates Names Two New Shareholders in San Diego-North Office
CARLSBAD, CA - March 1, 2013 - (RealEstateRama) -- The San Diego-North office of Lee & Associates, one of the largest broker-owned commercial real estate firms in the country, has named Glenn Stokoe and Ryan Bennett its newest company shareholders
Iconic Las Olas Office Tower Lights Up the Fort Lauderdale Skyline
Fort Lauderdale, FL - February 28, 2013 - (RealEstateRama) -- On Tuesday, February 26, the Bank of America Plaza at Las Olas City Centre (LOCC) became a living work of art as it illuminated the skyline with its new LED exterior lighting system. From dusk to dawn the ziggurat and exterior façade of the 23-story commercial building in downtown at 401 East Las Olas Blvd boasted colorful lighting that was seen as far as five miles away from all directions. Mayor Jack Seiler and Broward Developer Terry Stiles pushed the proverbial button as the building lit up from ground to peak.
Hanley Investment Group’s HIG NNN Division Negotiates Sale of 8 Single-Tenant NNN Properties...
IRVINE, CA - February 27, 2013 - (RealEstateRama) -- HIG NNN, a division of Hanley Investment Group specializing in the sale and advisory of net-lease properties across the United States and a market leader in the sale of retail properties, announced today that Eric P. Wohl negotiated the sale of eight single-tenant NNN properties in Florida, Alabama and Nevada, totaling nearly $24 million.
Iconic Las Olas Office Tower Becomes Living Work of Art with New Full Façade...
WASHINGTON, D.C. - February 25, 2013 - (RealEstateRama) -- WHAT: For the first time, the Bank of America Plaza at Las Olas City Centre (LOCC) will become a living work of art as it illuminates the skyline with its new LED exterior lighting system. From dusk to dawn the ziggurat and exterior façade of the 23-story commercial building in downtown will boast colorful lighting that can be seen as far as five miles away from all directions.
Commercial Real Estate Sectors Steadily Improve
WASHINGTON, DC - February 25, 2013 - (RealEstateRama) -- Major commercial real estate sectors continue to improve, albeit slowly, with gradual economic improvement and job creation driving absorption of space, according to the National Association of Realtors® quarterly commercial real estate forecast.
The Muller Company Wins Three BOMA “Outstanding Building of the Year” (TOBY) Awards
IRVINE, CA - February 22, 2013 - (RealEstateRama) -- The Muller Company, a full service real estate company specializing in management, investment and development of commercial real estate in the western United States, announced today that the Biltmore Commerce Center in Phoenix, Ariz., Main Street Town Center in Santa Ana, Calif., and Westwood Medical Plaza in Los Angeles have each received the Outstanding Building of the Year® (TOBY) Award by the Building Owners and Managers Association (BOMA).
MWV & The Rockefeller Group Announce Construction of First Building at Nexton™
SUMMERVILLE, SC - February 21, 2013 - (RealEstateRama) -- MeadWestvaco Corporation (NYSE: MWV) and The Rockefeller Group today began construction on the first building to be developed in the 4,500 acre master planned community, Nexton. The 100,000-square-foot building is designed to achieve LEED® certification and will be situated at the entry point of the Class A campus that will include offices, hotels, apartments, parks and trails, and many choices for dining, entertainment and shopping
IAOP Names CBRE Group, Inc. Among Top Outsourcing Providers for Eighth Time
Los Angeles, CA - February 20, 2013 - (RealEstateRama) -- The International Association of Outsourcing Professionals (IAOP) has named CBRE Group, Inc. (CBRE) to the 2013 Global Outsourcing 100 list for the eighth straight year. The list recognizes the world’s best outsourcing service providers across all industries, and is based on applications received and evaluated by an independent panel of judges organized by IAOP.