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CBRE’s Philip D. Voorhees and NRIG-West Team Complete South Hills Plaza Sale

WEST COVINA, CALIF. - December 15, 2014 - (RealEstateRama) -- CBRE Senior Vice President Philip D. Voorhees announced today that he and the National Retail Investment Group – West (NRIG-West) team completed the sale of South Hills Plaza, a 120,589-square-foot community shopping center in the city of West Covina, CA. South Hills Plaza is anchored by Marukai Market and 24 Hour Fitness, along with national brand names and regional favorites including Taco Bell, Subway, USPS, and Charter Communication. The sale price was $20,695,000, representing a 6.8% cap rate

Business Real Estate Press Releases

Rayse Owns ‘Agent Value’ – A Bold New Approach to PropTech...

Rayse is redefining the real estate technology landscape, establishing itself as the undisputed leader in Agent Value. Unlike traditional PropTech, which has focused on automation and disintermediation, Rayse takes a completely different approach.

Recent Gov & Nonprofit Real Estate Press Releases

MBA

Mortgage Delinquencies Increase in the Fourth Quarter of 2024

The delinquency rate for mortgage loans on one-to-four-unit residential properties increased to a seasonally adjusted rate of 3.98 percent of all loans outstanding at the end of the fourth