Commercial

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.

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.

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.

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).

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

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.

Los Angeles, CA - February 20, 2013 - (RealEstateRama) -- The increase in domestic energy exploration and production will spur office investment opportunities in U.S. markets like Dallas, Pittsburgh and Oklahoma City; the transformation of the supply chain by e-commerce will accelerate changes in distribution facilities and locations; and an aging population will significantly drive apartment rental demand during this decade. Those are among the key real estate trends that CBRE has identified in a new report, “13 Trends for 2013.”

Company also announces franchise expansion into Germany, Austria, Switzerland, and Turkey DALLAS, TX - February 18, 2013 - (RealEstateRama) -- Keller Williams Realty, Inc. announced...

Miami Beach - February 13, 2013 - (RealEstateRama) -- The Wings Group, a New York-based real estate firm, has just completed a multi-million dollar renovation and upgrade on their most recent Florida acquisition, The Lincoln Building at 350 Lincoln Road in Miami Beach. The privately held real estate firm hired CBRE leasing team to market the 50,000-square-foot, Class A office/retail property.

WASHINGTON, D.C. - February 13, 2013 - (RealEstateRama) -- Despite the worst economy in a generation, apartments and their residents contributed $1.1 trillion to the national economy in 2011, supporting 25.4 million jobs, according to a new report released today by the National Multi Housing Council (NMHC) and the National Apartment Association (NAA). The report, along with an interactive map and economic impact calculator, is available on the new website

Pompano Beach, FL - February 7, 2013 - (RealEstateRama) -- Local private capital group Orchid Grove Holdings, LLC closed on the sale of 54 townhomes within Orchid Grove located at 649 South Cypress Road, Pompano Beach, Florida. The townhomes were purchased by a private capital group, 1370 S. Ocean, LLC, for $11 million ($203,704 per unit or $94 per square foot.) CBRE’s Multi-Housing Private Capital Group in South Florida represented the seller, Orchid Grove Holdings, LLC, a local private capital group

WASHINGTON, D.C. - February 7, 2013 - (RealEstateRama) -- Modular Building Institute, the international nonprofit trade association that serves the commercial modular construction industry, has released its initial slate of speakers for the World of Modular trade show and convention, March 16-19, 2013, in Scottsdale, Arizona. For 30 years, the event has provided industry professionals with a place to network, exchange ideas, learn from experts, discuss issues, display new products and receive recognition.

Phoenix, AZ - February 6, 2013 - (RealEstateRama) -- GPE Commercial Advisors, a local industry cornerstone and leading third-party commercial real estate firm have...

WASHINGTON, D.C. - February 6, 2013 - (RealEstateRama) -- Crescent Resources has selected Little, a diversified architectural consulting firm, to begin design and master planning for a signature property that Crescent has assembled at South Tryon and East Stonewall streets in Uptown Charlotte. Little has been asked to review a full range of options for the strategic location, which predominantly will feature office space but also may include a mix of uses including hospitality, retail and multi-family.

WASHINGTON, D.C. - February 5, 2013 - (RealEstateRama) -- Surterre Properties® agents Chris Valli and Bruce Clark ended 2012 on a stellar note, closing the sale on a luxurious Shady Canyon® homesite in late December. Showcasing serene views of the canyons and hillsides, the sprawling lot boasts a picturesque canvas on which the client’s dream home was built – a perfect venue to enjoy the opulent lifestyle that’s unique to Irvine’s prized Shady Canyon enclave.

Chicago, IL - February 5, 2013 - (RealEstateRama) -- Duke Realty Corporation (Duke Realty), a leading nationwide REIT (Real Estate Investment Trust) specializing in the ownership, management and development of bulk industrial facilities, announced today that it has acquired 335 W. Crossroads, a 288,000-square-foot industrial building, and has leased 190,080 square feet in the building to RTC Industries.

San Diego, CA - February 4, 2013 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today released its year-end ranking of commercial and multifamily mortgage servicers as of the end of December 31, 2012. At the top of the list of firms is Wells Fargo with $429.1 billion in U.S. master and primary servicing, followed by PNC Real Estate/Midland Loan Services with $337.6 billion, Berkadia Commercial Mortgage LLC with $197.3 billion, Bank of America Merrill Lynch with $112.5 billion, and KeyBank Real Estate Capital with $101.2 billion.

San Diego, CA - February 4, 2013 - (RealEstateRama) -- In its second annual forecast of the commercial/multifamily real estate finance markets, the Mortgage Bankers Association (MBA) projects originations of commercial and multifamily mortgages will grow to $254 billion in 2013, an increase of 11 percent from 2012 volumes, and continue to rise to $289 billion in 2015. Originations of multifamily mortgages are forecast at $100 billion in 2013.

San Diego, CA - February 4, 2013 - (RealEstateRama) -- Commercial and multifamily mortgage originations increased 49 percent between the third and the fourth quarters of 2012, and were also up 49 percent compared to the fourth quarter of 2011, according to the Mortgage Bankers Association’s (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations

Northbrook, IL - February 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 Auto Parts Store Market.