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Seminole Tribe of Florida and Stiles Construction Enter into Unprecedented Joint Venture Partnership
Fort Lauderdale, FL. - January 17, 2012 - (RealEstateRama) -- In an unprecedented move to expand construction and development operations throughout the Southeast U.S. and beyond, the Seminole Tribe of Florida, Inc. and Stiles Construction, a division of Stiles, announced today a new joint venture partnership to create Seminole Development and Construction, LLC. The newly created venture provides both Seminole Tribe of Florida, Inc. and Stiles with access to a range of real estate construction project opportunities within the Native American tribal network and also includes projects planned under the auspices of the U.S. federal government.
29 Acres of Industrial Land Sells For $7 Million in Southwest Phoenix
PHOENIX, AZ - January 16, 2012 - (RealEstateRama) -- A 29-acre parcel at the SWC of 75th Ave. and Interstate 10 traded for $7,050,000.
CBRE CLOSES $60.1 MILLION FINANCING PORTFOLIO ON BEHALF OF H&R REIT FOR SOUTHEAST US...
Central/North Florida - January 16, 2012 - (RealEstateRama) -- CBRE Capital Markets secured a total $60,075,000 in financing for the acquisition of seven shopping centers in Florida and for the refinance of a Lowe’s in Opelika, Alabama, on behalf of H&R REIT. The lender, an undisclosed life company, held the loan terms open for period of three months. Financing on six of the assets closed on September 6, 2012 while the full loan portfolio closed December 28, 2012.
NAI Capital Attends NAI Global’s Asia Pacific Regional Meeting in Seoul, Korea
NATIONWIDE - January 16, 2012 - (RealEstateRama) -- Daniel Hu, Director of NAI Capital’s new Asia Pacific Group (APG), joined NAI Apollo (Germany) in Seoul, Korea Nov 29th—Dec 1st for NAI Global’s Asia Pacific Regional Meeting 2012. This conference brought together commercial real estate professionals from Korea, China, Taiwan, Singapore, Indonesia, Malaysia, Vietnam, India, and Japan to help solidify shared objectives and open up new lines of communication for moving business forward in 2013 and beyond.
NAI Capital Has Retained Exclusive Representation for Primero Management Shopping Centers Nationwide
NATIONWIDE - January 16, 2012 - (RealEstateRama) -- Bennard Gillison, Senior Vice President with NAI Capital’s Corporate Headquarters in Encino, CA, has been retained as the exclusive broker for Primero Management Incorporated. Primero Management is ...
NEW $100 MILLION INDUSTRIAL PARK PLANNED IN MIAMI-DADE COUNTY
Miami, FL - January 15, 2012 - (RealEstateRama) -- Butters Construction & Development is starting the new year with another announcement for the largest new industrial development in Miami-Dade County. Butters has partnered with L&B Realty Advi...
SL Green Renews WPP Group USA at 100 Park Avenue
New York, NY - January 15, 2012 - (RealEstateRama) -- SL Green Realty Corp (NYSE: SLG) today announced that WPP Group, USA, Inc. which is part of the world's largest communications services group, with 3,000 offices in 110 countries, has renewed its lease at 100 Park Avenue covering 43,294 square feet on the entire fourth floor
Home Starts Up, Mostly Due to Multi-Family
U.S. home builders broke ground on more apartment buildings in October, driving housing starts up 3 percent to an unexpected seasonally adjusted rate of 1.229 million, the Commerce Department reported Tuesday
Commercial Market Shows Signs of Leveling Off
Commercial real estate market activity is expected to level out, suggesting stable business opportunities for commercial practitioners in the months ahead, according to a NATIONAL ASSOCIATION OF REALTORS® forward-looking index for the commercial real estate sectors.
Natural Disaster Legislation Would Help Property Owners
WASHINGTON, Sept. 26 /PRNewswire-USNewswire/ -- The National Association of Realtors(R) supports the Homeowners' Defense Act of 2007, H.R. 3555, because it would help protect homeowners, commercial property owners, and potential property owners by ensuring the availability of adequate and affordable insurance, which NAR views as an important consumer issue.
Solid Fundamentals Support Commercial Real Estate
WASHINGTON, Sept. 18 /PRNewswire-USNewswire/ -- Most commercial real estate markets are enjoying relatively low vacancy rates and healthy rent growth from a fundamentally sound economy, according to the latest COMMERCIAL REAL ESTATE OUTLOOK of the National Association of Realtors(R).