HFF announced that it has secured a $16.88 millionand permanent loan for the development of a 63,000-sq.-ft. freestanding ShopRite supermarket in Staten Island, NY.
National Real Estate Investor
PRESS RELEASE: HFF Secures $16.88 Million Financing for Freestanding ShopRite Supermarket in Staten Island, New York
PRESS RELEASE: HFF Closes Sale of and Arranges Financing for Student Housing Community in Kennesaw, Georgia
HFF announced that it has closed the sale of West 22, a 245-unit, 850-bedcommunity serving Kennesaw State University in Kennesaw, Georgia. HFF also arranged acquisition financing for the buyer.
PRESS RELEASE: HFF Secures $9 Million Financing for Neighborhood Retail Center in Santa Maria, California
HFF announced that it has secured $9 million in financing for Santa Maria Commerce Center, a 65,911-sq.-ft. neighborhoodcenter in Santa Maria, Calif.
PRESS RELEASE: First Potomac Realty Trust Receives LEED Platinum Certification for 440 First Street, NW
First Potomac Realty Trust announced that 440 First Street, NW was awarded Leadership in Energy and EnvironmentalPlatinum Core & Shell (LEED CS Platinum) certification from the U.S. Green Building Council.
PRESS RELEASE: Marcus & Millichap Names Justin West Sales Manager in Orlando Office
Marcus & Millichap Real Estate Investment Services named Justin West sales manager of its Orlando office. West will also assist in managing sales in Marcus & Millichap's Tampa office.
PRESS RELEASE: SkyWalker Wins Auction for Distressed Office Property in Las Colinas
SkyWalker Property Partners has added the three-building Campus Circle in the Las Colinas office submarket to the rapidly growing portfolio of Hangover Opportunity Fund LP.
PRESS RELEASE: Kensington Realty Advisors And SEDCO Captial Acquire Class A Student Housing Property Adjacent To Florida State University
Kensington Realty Advisors and SEDCO Capital have jointly acquired The Catalyst Student Apartments. The Catalyst is a 130-unit, 402-bed class-A community located adjacent to the Florida State University campus.
PRESS RELEASE: Keystone Property Group Announces 74,300-SF New Lease with Destination Maternity Corporation at Moorestown Corporate Center
Keystone Property Group completed a new 74,258-sq.-ft. office lease with Destination Maternity Corporation, the world's leading maternity apparel retailer, at Moorestown Corporate Center.
PRESS RELEASE: New Omni-Channel Real Estate Models are Secret Weapon in Retail War
Six new facility types serve consumers expecting seamless online, mobile and in-store shopping.
PRESS RELEASE: Cushman & Wakefield Inks Mainetti U.S. HQ Lease in Keasbey, N.J.
Mainetti, the world's largest manufacturer and distributor of garment hangers, has relocated its United States headquarters to 110,000 square feet at 300 Mac Lane in Keasbey, announced Cushman & Wakefield, Inc.
Westfield Strikes a Deal for One of the Biggest Retail Sales of the Year
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PRESS RELEASE: The Woodmont Company Begins Development of 190,000 SF Park Village Retail Center in Southlake, TX
The Woodmont Company, a national real estate firm specializing in the development, management, leasing and sale of retail properties, in partnership with a publicly traded REIT, has commenced development on Park Village, a 190,000-square-foot specialty retail center located on 22 acres in the affluent Dallas/Fort Worth suburb of Southlake, Texas. Completion is scheduled for Fall of 2014.
PRESS RELEASE: Advenir Continues Multifamily Investment Push in Suburban Dallas/Fort Worth with Advenir@Walnut Creek
Illustrating the continued upside potential of suburban Dallas/Forth Worth multifamily assets, Advenir, a premier provider of multi-family real estate investment and management services, has acquired Advenir@Walnut Creek from Texas-based Kaplan Management Company, Inc.
PRESS RELEASE: Founders Properties, L.L.C. Announces Scott Haugen as Vice President
Founders Properties, L.L.C. today announced that Scott Haugen has been hired as vice president of asset management.
“Scott brings years of asset management and commercial real estate industry experience to this role and is an incredible addition to our leadership team,” said Wade Lau, president and CEO of Founders Properties, L.L.C.
PRESS RELEASE: Eastern Consolidated Retail Pulse Report: 'Ravenous' Investor Demand Drives Retail Property Sales Surge
Fueled by intense investor demand and rising retail rents across the five boroughs, the New York City retail property market continued its healthy volume of activity with $445 million in sales in the third quarter, according to Eastern Consolidated’s December 2013 Retail Pulse report.
PRESS RELEASE: Cohen Financial Secures More Than $5.8 Million For An Office Property In Napa, California
Cohen Financial, a national real estate capital services firm, today announced that it has secured $5.8 million to refinance the Creekside, two industrial flex properties located at 222-240 Gateway Road West and 435-445 Devlin Road in Napa, California. The buildings are fully leased to four separate tenants.
PRESS RELEASE: JLL Closes Marquee Multifamily Sale on California Coast
Marking what is expected to be one of the largest multifamily trades on the California Coast in 2013, Jones Lang LaSalle’s Capital Markets experts today announced the sale of Coronado Bay Club in San Diego County on behalf of LaSalle Investment Management.
PRESS RELEASE: Industrial Property Sells for $1.4 million in Orlando
As an example of the increased activity involving quality Central Florida industrial assets, RL MIT, LLC purchased a freestanding industrial building at 2175 Premier Row in Orlando for $1,393,600.
PRESS RELEASE: HFF Closes $63.25 Million Sale Of A Two-Property New England Seniors Housing Portfolio
HFF announced today that it has closed the sale of The Inn at Robbins Brook and Forge Hill, a two-property, Class A seniors housing portfolio totaling 176 units in Acton and Franklin, Massachusetts.
PRESS RELEASE: Rochester Industrial and Office Markets Healthy through 2013
In the face of multiple large blocks of space being returned to the market over the past years, Rochester's industrial and office markets, heading toward year-end 2013, continue to remain strong, according to Cushman & Wakefield and its Alliance Partner Pyramid Brokerage Company of Rochester.
PRESS RELEASE: Portfolio Optimization, New Momentum Define N.J. Retail Market
The economy in recent years has placed real estate portfolio optimization as a high priority for Garden State retailers and retail landlords.
PRESS RELEASE: DivcoWest Closes on the Purchase of Pasadena Business Center
DivcoWest has closed on the purchase of Pasadena Business Center, a 238,842 square foot office building at 465 North Halstead Street in Pasadena, CA.
PRESS RELEASE: Madison Partners and LA Realty Partners Sell The Easton Building
Madison Partners and LA Realty Partners are pleased to announce the sale of The Easton Building located at 7855 Haskell Avenue, a 79,292 square foot Office/Flex building in Van Nuys, California.
PRESS RELEASE: Madison Partners Arranges Sale of a 9-Property Southern California Grocery and Retail Portfolio
Madison Partners is pleased to announce the sale of a 9-property Southern California retail and grocery portfolio.
PRESS RELEASE: CFLane Honored for Efforts to Feed the Hungry
The Atlanta Apartment Association?s Food-a-Thon, which is the annual food drive benefitting the Atlanta Community Food Bank, set a new record this year.
PRESS RELEASE: Carroll Organization Acquires 298-Unit Multifamily Community in Orlando, FL
Carroll Organization, one of the country’s leading privately-held real estate companies focused on multifamily investment, management, and development has acquired the 298-unit, multifamily property Bala Sands in Orlando, Florida.
PRESS RELEASE: Oak Grove Capital Welcomes Ken Bowen as Senior Vice President
Oak Grove Capital announced that Ken Bowen has joined the St. Paul-based lender as a senior vice president, focusing on new loan originations for the company's market rate multifamily debt platform.
PRESS RELEASE: HFF Closes $33.35 Million Sale Of Rhode Island Mall In Warwick, Rhode Island
HFF announced that it has closed the sale of a 226,515-sq.-ft. retail condominium interest in the Rhode Island Mall center located in Warwick, Rhode Island.
HFF marketed the property on behalf of the seller, Winstanley Enterprises, LLC. A private investor purchased the asset for $33.35 million or $147.23 per square foot. The third condominium unit (the attached vacant mall) was not included in the sale.