Tuesday, November 26, 2013

Modest Increase in Same-Store Sales Likely for 2013 Holiday Shopping Season


National Real Estate Investor

Modest Increase in Same-Store Sales Likely for 2013 Holiday Shopping Season








The retail industry expects the 2013 holiday shopping season to be a modest success, even though same-store sales growth will be subdued due to recent macro events.

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Have Apartment Fundamentals Peaked?








With vacancy declines slowing to a crawl and rent increases constrained by meager wage growth, market observers are wondering whether apartment fundamentals have peaked.

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The Continually Escalating Showdowns in Washington Cast a Pall Over the Recovery—and the Real Estate Sector


National Real Estate Investor

The Continually Escalating Showdowns in Washington Cast a Pall Over the Recovery—and the Real Estate Sector








The frequency and severity of these conflicts is not just political posturing, however. The fights have had real world impacts, including on the economy. The net result is that the unpredictability inside the Beltway is creating uncertainty in the economy.

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PRESS RELEASE: Meridian Property Company Nearing Completion on Four Medical Centers in California


National Real Estate Investor

PRESS RELEASE: Meridian Property Company Nearing Completion on Four Medical Centers in California


Meridian Property Company announced that it is nearing completion on four state-of-the-art outpatient clinics in California totaling over 40,000 sq. ft. and valued at over $15.2 million.



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PRESS RELEASE: Silicon Valley Apartment Complex Sells for $11.4 Million


Marcus & Millichap Real Estate Investment Services arranged the sale of The Village at Lawrence Station, a four-building, 56-unit apartment complex in the Silicon Valley city of Santa Clara, Calif. The $11.4 million sales price equates to $203,000 per unit.



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PRESS RELEASE: Cole Corporate Income Trust, INC Acquires More Than $202 Million of Net Lease Office Properties


Cole Capital, the private capital management business of Cole Real Estate Investments, Inc., announced the acquisition of five single-tenant corporate properties by Cole Corporate Income Trust, Inc. (CCIT).



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PRESS RELEASE: $100 Million Acquisition Financing For Tower At Cityplace In Dallas Secured By HFF


HFF arranged $100 million in financing for Tower at Cityplace, a 1.3 million-sq.-ft., class-A office tower in Dallas, Texas.



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PRESS RELEASE: Behringer Harvard Affiliate Sells Nearly 41 Acres in SW Arlington


A Dallas-based limited partnership has sold 40.8 acres in southwest Arlington to Athlos Academy, a charter school operator that has invested nearly one year into rezoning the property for its planned use.



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Monday, November 25, 2013

PRESS RELEASE: HFF Closes 279-Unit Sale Of Waterhouse Place In Beaverton, Oregon


National Real Estate Investor

PRESS RELEASE: HFF Closes 279-Unit Sale Of Waterhouse Place In Beaverton, Oregon


HFF announced today that it has closed the sale of Waterhouse Place, a 279-unit, garden-style multi-housing community in Beaverton, Oregon. HFF marketed the property on behalf of the seller, a joint venture between Guardian Real Estate Services and a value-added fund advised by UBS Global Asset Management. A joint venture between Holland Partner Group and an affiliate of Heitman purchased the property free and clear of existing debt.



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Sustainable Food Summit Hones In On Eco Impacts


National Real Estate Investor

Sustainable Food Summit Hones In On Eco Impacts


Ecology is the focal theme of the upcoming North American edition of the Sustainable Foods Summit, reports the Organic Monitor blog at NREI's sister publication, New Hope 360. For the first time, a summit will discuss ways of promoting ecology in the food industry by focusing on sustainability metrics, ethical sourcing and biodiversity, and sustainable food ingredients.

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PRESS RELEASE: HFF Closes $46.5 Million Sale Of Park Square In Rahway, New Jersey


HFF announced today the sale of Park Square, a 159-unit, luxury apartment community located in downtown Rahway, New Jersey.



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PRESS RELEASE: Transwestern-Managed Freeport-Mcmoran Center Awarded 2013 TOBY Honor from Boma Greater Phoenix


National Real Estate Investor

PRESS RELEASE: Transwestern-Managed Freeport-Mcmoran Center Awarded 2013 TOBY Honor from Boma Greater Phoenix


Transwestern today announced that the Freeport-McMoRan Center received The Outstanding Building of the Year (TOBY) Award for 2013 from the Building Owners and Managers Association (BOMA), Greater Phoenix chapter.



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PRESS RELEASE: Harbor Group Management Company Named ENERGY STAR Leader And Leaders Top Performer By U.S. Environmental Protection Agency


Harbor Group Management Company (HGMC) an affiliate of Harbor Group International, LLC, has been certified as an ENERGY STAR Leader by the United States Environmental Protection Agency (EPA).



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PRESS RELEASE: Broker Reception Spotlights Dramatic Renovations at Ten 99 Office Building in Rockland, Mass.


Two dozen commercial real estate Brokers from across Greater Boston – representing a Who’s Who of the region’s Brokerage community -- recently attended a reception at the Ten99 Hingham Street building in Rockland (MA) sponsored by The Grossman Companies, Inc.



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PRESS RELEASE: Cushman & Wakefield N.J. Brokers Face-Embrace "Movember"


Commercial real estate professionals are known to be a competitive group, and working toward the title of "best moustache" is no exception for 26 Cushman & Wakefield brokers based in the firm's East Rutherford office.



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Friday, November 22, 2013

PRESS RELEASE: Stan Johnson Company Hires New Leader On West Coast


National Real Estate Investor

PRESS RELEASE: Stan Johnson Company Hires New Leader On West Coast


Stan Johnson Company announced it has hired Sam Alison, a 19-year veteran in commercial real estate. Alison will become the West Coast regional director.



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PRESS RELEASE: NAI Hanson Facilitates Renewal of Industrial Lease in Fairfield, N.J.


NAI James E. Hanson announced the renewal of a 23,200-sq.-ft. lease on an industrial facility located at 8 Kulick Road in Fairfield, N.J.



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PRESS RELEASE: HFF Closes Sale Of And Arranges Financing For Class A Office In Schaumburg, Illinois


National Real Estate Investor

PRESS RELEASE: HFF Closes Sale Of And Arranges Financing For Class A Office In Schaumburg, Illinois


HFF announced that it has closed the sale of and arranged financing for Two Century Centre, a 221,177-sq.-ft., class-A office property in Schaumburg, Ill.



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PRESS RELEASE: HFF Closes $9 Million Sale and Arranges $4 Million Financing For Miami "Fractured" Condominium Property


HFF announced that it has closed the sale of and arranged financing for the remaining 39 unsold units at Gables Court, a 159-unit, class- A condominium property in Miami.



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PRESS RELEASE: HFF Closes $361 Million Sale Of 10 And 120 South Riverside Plaza In Chicago's West Loop


HFF has closed the $361 million sale of 10 and 120 South Riverside Plaza, a two-building, 21-story class-A office property totaling more than 1.4 million sq. ft. in Chicago's West Loop.


HFF marketed the property on behalf of the seller, TIER REIT, Inc.  An affiliate of Ivanhoe Cambridge advised by Callahan Capital Properties purchased the asset for $361 million.



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Thursday, November 21, 2013

Canadian Fund Makes a Big Bet in Chicago with $361M Riverside Plaza Buy


National Real Estate Investor

Canadian Fund Makes a Big Bet in Chicago with $361M Riverside Plaza Buy








Ivanhoe Cambridge, a subsidiary of a large Canadian institutional fund, has partnered with Callahan Capital Properties to continue its large bet on the Chicago market, recently closing the $361 million purchase of Riverside Plaza in the West Loop.

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Lifestyle Centers Back in Favor with Investors, Provided Fundamentals Are Strong Enough








Statistics put together by Real Capital Analytics show that 2013 may be on track to match or break the record set in 2007, when lifestyle center sales totaled $1.75 billion.

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PRESS RELEASE: Jones Day Consolidates Offices With 330,210-Square-Foot Lease At Brookfield Place In Lower Manhattan


Jones Day has signed a 20-year, 330,210-square-foot lease for floors 27 through 34 of Brookfield Place, located at 250 Vesey Street, in a transaction brokered by Studley, the leading global commercial real estate services firm specializing in tenant representation.



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Wednesday, November 20, 2013

PRESS RELEASE: HFF Named To Market For Sale Two Newly Constructed Multi-Housing Communities In Indianapolis Area


National Real Estate Investor

PRESS RELEASE: HFF Named To Market For Sale Two Newly Constructed Multi-Housing Communities In Indianapolis Area


HFF announced that it has been named to market for sale Solana Apartments at the Crossing, a 384-unit, class-A multi-housing community to the north of downtown Indianapolis and Penn Circle Apartments, a 193-unit, class-A community in Carmel, Indiana.



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Supply Anxiety? Try This Strategy


National Real Estate Investor

Supply Anxiety? Try This Strategy

Commercial real estate has posted three-and-a-half years of robust total returns, attracting significant inflows of investment capital. At this point we may want to begin to fear our own good fortune, as there is nothing worse than free-flowing capital to encourage over-development which tends to kill the party.

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Tuesday, November 19, 2013

PRESS RELEASE: Data Stream LLC Signs Lease at Chicago Board of Trade Building


National Real Estate Investor

PRESS RELEASE: Data Stream LLC Signs Lease at Chicago Board of Trade Building


Data Stream LLC, a technology services company focused on pioneering the next great era of technology driven business, has signed a 7,882-square-foot lease at the Chicago Board of Trade Building.



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PRESS RELEASE: UIP, PRP, Perseus Realty Acquire Capitol Park Apartments in Washington, DC


A group that includes Urban Investment Partners (UIP), PRP LLC, and Perseus Realty has acquired the 289-unit Capitol Park Towers apartment complex in Washington, DC.



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Tenants Care About Views, Not Building Height


National Real Estate Investor

Tenants Care About Views, Not Building Height

New York City has now laid claim to the nation’s tallest building, but commercial office experts say tenants don’t care how high up they are. It’s ultimately the views that matter.

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PRESS RELEASE: Cushman & Wakefield Arranges $17.4 Million Loan for Acquisition of Mirasol at Celebration


Cushman & Wakefield announced that its equity, debt & structured finance group arranged a $17.4-million loan for affiliates of Walton Street Capital LLC and Levin Realty Advisors LLC for the acquisition of 163 unsold condos within the 210-unit Mirasol at Celebration.



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PRESS RELEASE: Webb Development to Break Ground on New Industrial project, Taps Transwestern to Handle Leasing


Transwestern's Houston headquarters announced it has been awarded the leasing assignment for Solon Industrial Park, a 27,000-sq.-ft. industrial development. The project is being developed and designed by Webb Development.



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PRESS RELEASE: CBRE Announces The Sale of Dixon Street Industrial Properties


CBRE announced the sale of the Dixon Street Industrial Portfolio located in Des Moines, Iowa to Glen Una Management Company, a private real estate investment firm based in San Francisco, for a total purchase price of $14.675 million.



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PRESS RELEASE: Faris Lee Investments Completes $10.8 Million Sale of Grocery-Anchored Willow Run Shopping Center in Denver, Colorado Suburb


Faris Lee Investments has completed the $10.8 million sale of Willow Run Shopping Center located at 12900-12910 N. Zuni Street in Westminster, Colo., a northwest suburb of Denver.



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PRESS RELEASE: Berkadia Secures Nearly $16 Million In Financing For Suburban Chicago Apartment Complex


National Real Estate Investor

PRESS RELEASE: Berkadia Secures Nearly $16 Million In Financing For Suburban Chicago Apartment Complex


The Chicago office of Berkadia Commercial Mortgage LLC (Berkadia) recently closed a $15.8 million loan through the U.S. Department of Housing and Urban Development’s (HUD) 223(f) program for an apartment complex located in Romeoville, Ill.



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PRESS RELEASE: SkyWalker Property Buys 100% Leased, Industrial Asset in S. Fort Worth


In an off-market transaction, SkyWalker Property Partners has acquired a fully leased industrial asset in South Fort Worth for Hangover Opportunity Fund LLC, which has added 11 properties to its portfolio in seven months.



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Publix Views Timing as Ripe for Center Acquisitions

The chain has intensified its acquisition of grocery-anchored centers.

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PRESS RELEASE: 777 Brickell Keeps Hencorp Beckstone for 20,000 SF Renewal


Taylor & Mathis’ Andrew Trench has signed Hencorp Beckstone (www.hencorp.com) to a 20,000 square foot renewal at 777 Brickell in Miami’s Brickell Financial District.



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Monday, November 18, 2013

PRESS RELEASE: Matthew J. Kipp Regional Manager in Long Beach


National Real Estate Investor

PRESS RELEASE: Matthew J. Kipp Regional Manager in Long Beach


Marcus & Millichap Real Estate Investment Services, the nation's largest real estate investment services firm, has named Matthew J. Kipp regional manager of its Long Beach office, according to John J. Kerin, president and chief executive officer.



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PRESS RELEASE: Social and Mobile Game Developer FreshPlanet, Inc. Inks 12,510-SF Office Lease at 19 West 34th Street


In a transaction arranged by the Savitt Partners Managing Directors Hector Rodriguez and Elliot Zelinger, social and mobile game developer FreshPlanet, Inc. has inked a 12,510-square-foot office lease at 19 West 34th Street.



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PRESS RELEASE: HFF Closes Sale Of Stop & Shop and Walmart-anchored Shopping Center In Southwestern Connecticut


HFF announced today that it has closed the sale of Naugatuck Valley Shopping Center in Waterbury, Connecticut, one in a series of upcoming retail sales for the Boston retail team.



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PRESS RELEASE: MIG Real Estate Acquires Mountain View Corporate Center in Murray, Utah


MIG Real Estate, a Newport Beach, Calif.-based real estate investment company, purchased Mountain View Corporate Center, an 84,421-square-foot, Class A office building in Murray, Utah. This is the company’s first acquisition in the greater Salt Lake City market.



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PRESS RELEASE: TechSpace Announces New Office Space Facility in San Francisco, California


TechSpace Holding Co., answering strong demand for its flexible office space and technology services, today announced plans to expand in San Francisco by opening its seventh TechSpace business center to be located at 77 Geary, San Francisco, CA 94108.



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Thank You


National Real Estate Investor

Thank You


Thank you for your response. You will continue receiving your subscription until the end of your current term.


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Seniors Housing Players Continue to Chase Acquisitions, Development Opportunities

The seniors housing sector continues to carve out a bigger niche for itself within the commercial real estate investment world, according to exclusive results from a fourth-quarter survey conducted by NREI and Senior Housing Global Advisors Inc

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Saturday, November 16, 2013

Advocates Push Congress to Act on FIRPTA Reform


National Real Estate Investor

Advocates Push Congress to Act on FIRPTA Reform

After years of work, there’s finally some momentum in Congress to repeal or reform the tax foreign investors have to pay on U.S. real estate.

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Friday, November 15, 2013

PRESS RELEASE: Kalmon Dolgin Affiliates Arranges 6,000 SF Lease for AIA Sheet Metal at 681 Morgan Avenue in Brooklyn


National Real Estate Investor

PRESS RELEASE: Kalmon Dolgin Affiliates Arranges 6,000 SF Lease for AIA Sheet Metal at 681 Morgan Avenue in Brooklyn


Kalmon Dolgin Affiliates, Inc. (KDA) has arranged a 6,000 square-foot lease for AIA Sheet Metal, a custom sheet metal fabrication supply company, at 681 Morgan Avenue, between Nassau and Norman avenues in the Greenpoint section of Brooklyn, NY. Kalmon Dolgin and Neil Dolgin, co-presidents of Kalmon Dolgin Affiliates, made the announcement.



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Thursday, November 14, 2013

Hotels to Fully Recover by 2014, JLL Says


National Real Estate Investor

Hotels to Fully Recover by 2014, JLL Says

The hotel market has returned to almost normal since the recession, according to a recent Jones Lang LaSalle report, with growth in revenue per available room, the national occupancy up to almost the 2006 peak, $14.6 billion in transactions this year and lenders hungry to invest in hospitality.

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Investors Want Grocery-Anchored Shopping Centers, but Prime Product is Hard to Find

The challenge for the buyers is that few class-A grocery-anchored properties are being offered for sale, brokers say.

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Costco Plans Continental Invasion


National Real Estate Investor

Costco Plans Continental Invasion

Warehouse club Costco plans to expand into France.

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Wednesday, November 13, 2013

Data Center Demand Dives Underground


National Real Estate Investor

Data Center Demand Dives Underground








Data storage demand is expected to quadruple by 2017, and the need for strong, safe facilities has pushed colocation firms to seek out specialized underground storage areas across the country.

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Can CRE Crowdfunding Attract a Bigger Audience?








Firms that arrange crowdfunding are making a bigger pitch to raise capital to fund acquisitions and development projects.

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Tuesday, November 12, 2013

PRESS RELEASE: SR Commercial Acquires Two San Diego Assets; Brings Portfolio To 715,996 SF


National Real Estate Investor

PRESS RELEASE: SR Commercial Acquires Two San Diego Assets; Brings Portfolio To 715,996 SF


SR Commercial has recently completed two acquisitions in the San Diego market - an 89,120-sq.-ft. industrial/flex property in San Diego, Calif., and a 48,208-sq.-ft. office property in Vista, Calif.



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PRESS RELEASE: Prestigious Law Firm Moving to Museum Tower


The distinguished law firm of Beighley, Myrick & Udell will relocate within Miami's legal district, selecting the premier Museum Tower as its new address for the long term. The 15-year-old firm has leased 4,830 sq. ft. on the 20th floor of the class-A office tower.



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PRESS RELEASE: USAA Real Estate Co. and The Opus Group Announce Start of Construction on I-88 Gateway Logistics Center in Suburban Chicago


USAA Real Estate Company and The Opus Group announced the start of construction on I-88 Gateway Logistics Center, a 604,565-sq.-ft. speculative industrial building in North Aurora, Ill., that will be owned by an investment affiliate of USAA Real Estate Company.



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PRESS RELEASE: Cushman & Wakefield Advises TK1SC in California Lease


Cushman & Wakefield announced that TK1SC signed a 24,500-sq.-ft. lease at 15231 Laguna Canyon Road in Irvine, Calif. Cushman & Wakefield's Rick Kaplan, Mark Smith and John Tran represented TK1SC in the transaction.



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PRESS RELEASE: Coreland Companies Lands Five New Brokerage Assignments, Including Ground-Up Development in Montclair


National Real Estate Investor

PRESS RELEASE: Coreland Companies Lands Five New Brokerage Assignments, Including Ground-Up Development in Montclair


Coreland Companies' brokerage division has been awarded five new leasing assignments, including a 20,000-sq.-ft. ground-up development planned in Montclair, Calif. The additional Southern California assignments are in Newport Beach, Costa Mesa, Orange and El Monte.



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PRESS RELEASE: Sale Of Ground Lease For 106 Natural Gas Drilling Sites In The Barnett Shale In Texas Closed By HFF


HFF announced that it has closed the sale of a ground lease encumbering 106 urban natural gas drilling sites located in the Barnett Shale in North Texas, one of the largest producing onshore natural gas fields in the United States.



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PRESS RELEASE: Overlook at Great Notch Completes Major Recapitalization Program


Ownership has successfully completed a major recapitalization of Overlook at Great Notch, its 425,000-sq.-ft. class-A trophy office building at 150 Clove Road in Little Falls, NJ. The refinance program was completed by Theta Holdings Company, L.P.



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Monday, November 11, 2013

PRESS RELEASE: Studley Brokers 16,000-SF Relocation For Tourneau's U.S. Headquarters At 663 Fifth Avenue


National Real Estate Investor

PRESS RELEASE: Studley Brokers 16,000-SF Relocation For Tourneau's U.S. Headquarters At 663 Fifth Avenue


Tourneau has signed a long term, approximately 16,000-sq.-ft. lease comprising the entire 7th floor at 663 Fifth Ave. for its new corporate headquarters.



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PRESS RELEASE: HFF Closes Sale Of Two Multi-Housing Communities In Suburban Chicago


HFF has closed the sale of the Woodlands of Crest Hill, a 730-unit multi-housing community in Crest Hill, Ill. and the Fountains at Stone Crest, a 400-unit multi-housing community in Westmont, Ill.



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PRESS RELEASE: Kalmon Dolgin Affiliates Arranges $13 Million Sale of 118-138 Hope Street in Brooklyn


Kalmon Dolgin Affiliates, Inc. (KDA) has arranged the sale of 118-138 Hope Street, a 20,000 sq.-ft. property in the Williamsburg section of Brooklyn, NY, for $13 million.



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Massachusetts Is Most Energy-Efficient State in 2013, California a Close #2


National Real Estate Investor

Massachusetts Is Most Energy-Efficient State in 2013, California a Close #2

Energy-efficiency measures are thriving in state capitals around the United States, with several states—including Mississippi, Connecticut, Illinois and West Virginia—taking major steps that moved them up the ranks in the seventh annual edition of the State Energy Efficiency Scorecard released by the American Council for an Energy-Efficient Economy (ACEEE).

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Solar Decathlon Proves Solar Can Be Practical

The recently concluded Solar Decathlon showed that solar-powered, energy- and water-efficient housing can be beautiful and practical, reports "As I See It" Columnist Robert Mader in Contractor magazine.

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Water Gets Hot


National Real Estate Investor

Water Gets Hot








When commercial real estate owners and operators think about benchmarking utilities and conserving energy, they sometimes forget about a commodity in addition to fuel and electricity: water.

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Why Congress Should Enact Energy-Efficiency Legislation








Democrats and Republicans remain miles apart, but one policy area of growing bipartisan interest concerns energy-efficiency legislation, writes Duane Desiderio, senior vice president and counsel of The Real Estate Roundtable and a member of NREI's Sustainability Board of Advisors. “A bill that the Senate started to debate in September could advance in the legislative process in the coming months. This measure would achieve a triple win by boosting jobs growth, moving the United States closer to energy independence and lowering greenhouse gas (GHG) emissions that cause climate change.”

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Friday, November 8, 2013

Investors Continue to Broaden Appetite for Property Types, Markets


National Real Estate Investor

Investors Continue to Broaden Appetite for Property Types, Markets








Investors continue to broaden their scope beyond stabilized apartment properties in core markets to increase the yield on their commercial real estate investments.

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PRESS RELEASE: Pomfret Estates Purchases Pleasanton Medical Building for $6.55 Million; Transwestern Brokers Sale on Behalf of Buyer


National Real Estate Investor

PRESS RELEASE: Pomfret Estates Purchases Pleasanton Medical Building for $6.55 Million; Transwestern Brokers Sale on Behalf of Buyer


Transwestern announced it brokered the sale of a medical services building at 5000 Pleasanton Ave., in Pleasanton, Calif. Bernal Associates, based in Pleasanton, sold the property to Pomfret Estates Inc., for $6.55 million.



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PRESS RELEASE: Mesa West Capital Provides $22.5 Million Loan to Refinance Denver's Historic Hotel Teatro


Mesa West Capital has provided DiNapoli Capital Partners with $22.5 million in first mortgage debt to refinance the historic, nine-story, 110-room Hotel Teatro in Denver, Colo.



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PRESS RELEASE: USAA Real Estate Co. and Cambridge Development Breaking Ground on New Multi-Family Development


In a joint venture agreement, Cambridge Development and USAA Real Estate Co. broke ground on a 331-unit urban-style apartment project at 1100 South Blvd in Charlotte, NC. SunTrust is providing construction financing on the project.



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PRESS RELEASE: After a $1.1 Billion Week, Donahue Schriber Ready for Future Growth


Donahue Schriber Realty Group, a west coast owner, operator, and developer of neighborhood, community, and power shopping centers, recently closed $1.1 billion of strategic financing transactions.



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Thursday, November 7, 2013

Construction Completes on Newman Garrison + Partners-Designed ParkLanding in Buena Park


National Real Estate Investor

Construction Completes on Newman Garrison + Partners-Designed ParkLanding in Buena Park


Construction has completed on ParkLanding, a four-story multifamily community designed by Newman Garrison + Partners (NG+P), an architectural firm based in Newport Beach, Calif.



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PRESS RELEASE: Signs Orangetheory Fitness In New Lease Transaction


Bryan S. Cohen and Allan Carlisle of Cohen Commercial Realty, Inc., announced today the signing of Orangetheory Fitness, to lease a 2,880-square-foot unit at Mirasol Walk Shopping Center located on the northeast corner of PGA Boulevard and Mirasol Drive, just west of the Florida Turnpike. Cohen Commercial Realty, Inc., represents the landlord, Sansone Group, in this transaction. They join Publix Supermarket, Walgreens Pharmacy, Bank of America, Starbucks, and more.



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PRESS RELEASE: On-Site Leasing Center, Professionally Furnished Models are Coming Soon to Prism's Parkway Lofts in Bloomfield, N.J.


An on-site leasing center and four professionally furnished model residences are coming soon to Parkway Lofts, a benchmark industrial-to-residential adaptive reuse project in Bloomfield, N.J., developed by Prism Capital Partners LLC.



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PRESS RELEASE: The Wilbert Group Announces Program for Startups


The Wilbert Group, a nationally recognized full-service communications and public relations firm based in Atlanta, is launching CRE Accelerate today at the ULI Fall Meeting. CRE Accelerate will provide a public relations boost, as well as tools for longer-term communications programs, for startups. The 60-day CRE Accelerate program is aimed at young companies in commercial real estate or those serving the commercial real estate industry.



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PRESS RELEASE: Mca Realty Acquires its Fifth Property in the Las Vegas Market This Year


MCA Realty, a full service real estate investment and management company specializing in office and industrial properties throughout the Western U.S., has completed its fifth industrial acquisition of the 2013 calendar year in the Las Vegas market, according to Tyler Mattox, a Principal at MCA Realty.



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In Retail Leasing, Advantage is Back in the Landlord’s Court


National Real Estate Investor

In Retail Leasing, Advantage is Back in the Landlord’s Court

In addition to the general improvement in leasing fundamentals, the lack of new retail development over the past few years has made existing space more valuable.

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PRESS RELEASE: Avison Young Completes Largest Sale Transaction in Palm Beach County for 2013


Avison Young’s South Florida operations today announced the largest office building sale transaction in Palm Beach County to date in 2013, overseeing the sale of Beacon Square, a 160,000-square-foot building located at 8051 Congress Avenue in Boca Raton, Fla.



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PRESS RELEASE: Equity Partners With Return On Ingredients


Return On Ingredients® is announcing that it has recently entered into a value added partnership with Equity Inc., a national full service commercial real estate firm.



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PRESS RELEASE: Industry Leader Karen McShea joins Avison Young in Boston


Rick Kimball, Principal and Managing Director of Avison Young’s New England operations, announced today that commercial real estate veteran Karen McShea has joined Avison Young New England.



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PRESS RELEASE: PCCP Provides $18.3 Million Senior Loan to Basin Street Properties to Acquire Shoreline Office Center in Mill Valley, California


PCCP, LLC announced today it has provided an $18.3 million senior loan to Basin Street Properties to acquire a leasehold interest of Shoreline Office Center in Mill Valley, Calif.



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Wednesday, November 6, 2013

PRESS RELEASE: Iron Hound Management Arranges Refinancing for Holiday Inn Executive Center in Columbia, Mo.


National Real Estate Investor

PRESS RELEASE: Iron Hound Management Arranges Refinancing for Holiday Inn Executive Center in Columbia, Mo.


Iron Hound Management Company, LLC recently advised Executive Affiliates in paying off the existing securitized debt and providing $15.1 million in refinancing with Starwood Mortgage Capital for the Holiday Inn Executive Center in Columbia, MO.



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SUPPLIED VIDEO: Proworking: Balancing Real Estate Supply and Demand


National Real Estate Investor

SUPPLIED VIDEO: Proworking: Balancing Real Estate Supply and Demand





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Entrepreneurs and starts ups have been co-working from so called “third places” outside their company office, but now, enterprises are getting into the space trading game by trading underutilized real estate from one another.








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PRESS RELEASE: Washington Commercial Real Estate LLC Purchases Yakima Housing Complex As Repositioning Project


Washington Commercial Real Estate LLC has purchased and started new management of a housing complex in south Yakima. Washington Commercial intends to purchase additional local commercial properties in the near future.



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Blockbuster To Close Remaining Stores


National Real Estate Investor

Blockbuster To Close Remaining Stores

The chain currently operates about 300 stores.

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Lending Volumes Remained Strong in the Third Quarter


National Real Estate Investor

Lending Volumes Remained Strong in the Third Quarter








Lending to commercial and multifamily properties made another strong showing in the third quarter of 2013, according to the latest Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations released last week by the Mortgage Bankers Association.

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Midwest Keeps Up With Strong Industrial Growth








The Midwest industrial market has responded well to the economic recovery, and according to some benchmarks has outperformed the coastal port cities that have traditionally been the power house markets for the sector.

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Tuesday, November 5, 2013

PRESS RELEASE: RFR Realty LLC Announces 14,409 SF of New Leases at 17 State Street


National Real Estate Investor

PRESS RELEASE: RFR Realty LLC Announces 14,409 SF of New Leases at 17 State Street


RFR Realty LLC today announced three new office leases totaling 14,409 square feet at 17 State Street, the blue glass gem of the Lower Manhattan skyline.



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PRESS RELEASE: Multi Housing Advisors Brokers $20.2 Million Sale of 324-Unit Apartment Community in Metro Atlanta


Multi Housing Advisors (MHA) has brokered the $20.2 million sale of Aslan on the River, a 324-unit apartment community in the Atlanta suburb of Jonesboro, Ga.



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PRESS RELEASE: 497-Acre Residential Land Tract Sold Near Atlanta


National Real Estate Investor

PRESS RELEASE: 497-Acre Residential Land Tract Sold Near Atlanta


Bull Realty has brokered the sale of 497 acres located 60 miles north of Atlanta in Jackson and Hall counties at full list price of $1.8 million. The Fields of Walnut Creek sold in an all-cash sale on Sept. 30.



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PRESS RELEASE: Colliers International Honors Andrew Roos, Alexander Jinishian, Bryn Cinque as Top Performing Brokers


National Real Estate Investor

PRESS RELEASE: Colliers International Honors Andrew Roos, Alexander Jinishian, Bryn Cinque as Top Performing Brokers


Andrew Roos, Alexander Jinishian and Bryn Cinque of Colliers International Tri-State were honored as three of the top 10 producing brokers in the Americas at the Colliers International National Meeting in Atlanta in October.



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PRESS RELEASE: Mack-Cali Announces Third Quarter Leasing Activity at Westchester County Commercial Real Estate Properties


Mack-Cali Realty Corporation (NYSE: CLI) today announced that it leased 207,232 square feet during the third quarter at its office and office/flex commercial real estate properties in Westchester County in New York. Portfolio-wide, Mack-Cali leased 980,600 square feet of space during the quarter.



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PRESS RELEASE: Midwest Real Estate Master Michael Mangan Joins Studley


Global commercial real estate services firm Studley, Inc. announced today that industrial real estate specialist Michael Mangan has joined its Chicago office as an Associate Director. He will work closely with Studley Chicago's Senior Managing Director, Bruce McConnell to build the company's industrial presence in the Midwest with a primary focus on the Chicago metro area.



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PRESS RELEASE: Global Engineering Services Provider Extends Commitment to Oak Brook


International engineering services company, Middough Inc. has signed an extension of their existing lease at 700 Commerce Drive, totaling 68,748 SF, after a thorough examination of their real estate needs and the surrounding marketplace.



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