Tuesday, December 31, 2013

Top 10 Commercial Real Estate Moments of 2013


National Real Estate Investor

Top 10 Commercial Real Estate Moments of 2013









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Industrial Investment Hitting All Cylinders


National Real Estate Investor

Industrial Investment Hitting All Cylinders








The success of the U.S industrial market has attracted major attention for new distribution centers, manufacturing and even attention from investors in other countries, particularly Canada and South Korea, as the supply-demand cycle for the U.S. market unbalanced enough during 2013 to create a landlord’s market in prime areas.

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Monday, December 30, 2013

Top 10 Multifamily Stories of 2013


National Real Estate Investor

Top 10 Multifamily Stories of 2013









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Tuesday, December 24, 2013

Tax Reform Proposals Carry Harrowing Implications for CRE


National Real Estate Investor

Tax Reform Proposals Carry Harrowing Implications for CRE








If you're the kind of person who calls your Congressman, it might be a good time to pick up the phone.

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Monday, December 23, 2013

U.S. Will See Strong Office Rent Hikes in 2014


National Real Estate Investor

U.S. Will See Strong Office Rent Hikes in 2014

In terms of supply and demand, the U.S. office market will hit its sweet spot in 2014. A strengthening economic rebound, coupled with still-constrained construction, will result in increased absorption and higher rents, according to recent market reports.


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Top 10 Retail Stories of 2013









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Google Alert - George Smith Partners

News 1 new result for George Smith Partners
Spirit Bascom Ventures Acquires Second Metro New York ... MarketWatch
... a joint venture between New York City based Spirit Investment Partners, ... Rodd and Michael Anderson-Mitterling of George Smith Partners secured ...
See all stories on this topic »

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Supermarket Wars Heat Up with Aldi's Massive Expansion Plans


National Real Estate Investor

Supermarket Wars Heat Up with Aldi's Massive Expansion Plans

The discount supermarket chain plans to open 650 new stores in the next five years.

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IREM and GreenPSF Launch Sustainability Property Challenge

Move over, LEED and Energy Star. There’s a new kid on the block when it comes to energy-efficient buildings. The Sustainability Property Challenge program—developed by the Institute of Real Estate Management (IREM) and Penton Inc.-owned Green Per Square Foot (Green PSF)—offers property owners and managers a friendly challenge to make their buildings more energy efficient, enhance their financial performance and property values and make a positive impact on the environment.

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Friday, December 20, 2013

Blackstone Invests in Edens


National Real Estate Investor

Blackstone Invests in Edens

The private equity player is expanding its retail portfolio with a $718 million stake in the shopping center owner.

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Thursday, December 19, 2013

Simon Split a Way to Grow


National Real Estate Investor

Simon Split a Way to Grow

The move will allow the company to raise value for shareholders and may pave the way for further asset spin-offs.

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KBS Makes $425M Bet on Citigroup Center, Plans Retail and Commuter Upgrades


National Real Estate Investor

KBS Makes $425M Bet on Citigroup Center, Plans Retail and Commuter Upgrades








KBS Real Estate Investment Trust III recently made a big bet in the Chicago market, closing the purchase of the 1.5-million-sq.-ft. Citigroup Center building, which sits atop the Ogilvie train station in the city’s West Loop, for $425 million.

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Wednesday, December 18, 2013

“Hipster” Towns Offer Healthy Multifamily Rent Returns


National Real Estate Investor

“Hipster” Towns Offer Healthy Multifamily Rent Returns

Multifamily investors looking for opportunities might do well to follow a trail of coffee shops to hip, pedestrian-friendly neighborhood full of young renters.

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Whole Foods Aims for 1,200 Stores Across the U.S.

The upscale grocer plans to grow by about two thirds domestically, partly by opening stores in smaller markets.

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Dysfunction Junction

The inability of the two parties to work together in Washington, D.C., brought the United States dangerously close to a default in October. A last-minute deal was struck to continue funding the government for three months and raise the debt ceiling. The resolution ended the 16-day shutdown. But it set the stage for a renewed round of political wrangling after the New Year.               


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Tuesday, December 17, 2013

PRESS RELEASE: Tryko Partners Buys Leechburg, PA, Multifamily Community


National Real Estate Investor

PRESS RELEASE: Tryko Partners Buys Leechburg, PA, Multifamily Community


Private equity real estate group Tryko Partners, LLC has acquired Sandalwood Apartments, an 86-unit affordable housing rental community in Leechburg.



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PRESS RELEASE: HFF Closes Sale Of Luxury Multi-Housing Community In Chicago's Lincoln Park Neighborhood


HFF closed the sale of The Belden-Stratford, a 297-unit, luxury multi-housing community in Chicago's Lincoln Park neighborhood. HFF marketed the property on behalf of the seller.



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PRESS RELEASE: The Feil Organization Announces the Completion of New Fa├žade Renovations at Kohl’s Plaza in Levittown, NY


The Feil Organization announcef the completion of a two million dollar facade renovation at Kohl's Plaza. The Plaza is located at 3575 Hempstead Turnpike in Levittown, N.Y. This is the first major renovation for the 28-year old Nassau County, Long Island shopping center.



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PRESS RELEASE: The Ezra Company Represents Alcalde & Fay In The Early Lease Renegotiation Of Its 22,500-SF Headquarters In Arlington


National Real Estate Investor

PRESS RELEASE: The Ezra Company Represents Alcalde & Fay In The Early Lease Renegotiation Of Its 22,500-SF Headquarters In Arlington


The Washington, D.C.-based Ezra Company completed the early lease renegotiation of Alcalde & Fay's 22,500-sq.-ft. headquarters on the eighth floor at 2111 Wilson Blvd. in Arlington, Va.



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PRESS RELEASE: HFF Arranges $55 Million Refinancing Of Class A Office Tower In Downtown Mountain View, California


HFF announced that it has arranged a $55 million refinancing for Mountain Bay Plaza at 444 Castro, a 12-story, 165,390-sq.-ft., class-A office tower in downtown Mountain View, Calif.



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Global Retail Rents Show Stronger Growth than Any Other Property Type


National Real Estate Investor

Global Retail Rents Show Stronger Growth than Any Other Property Type








CBRE researchers attributed stronger retail rent growth to lack of new development and more robust demand from retailers for new space.

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Monday, December 16, 2013

Loehmann's Files for Bankruptcy


National Real Estate Investor

Loehmann's Files for Bankruptcy



UK’s Seniors Property Supply May Have Dried Up








The flurry of large acquisitions by U.S. REITs in the United Kingdom continued through 2013, most recently with the Griffin-American Health Care REIT II purchase of a 44-property portfolio for $472.2 million. There are signs that, going into 2014, there may not be any more deals to make across the pond for some time—there are just not many quality portfolios left.

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G8 Joins Worldwide Owners in Acknowledging Demand for Memory Care








Memory care seniors housing has, as they say, “unfortunately” become one of the biggest business models in commercial real estate today, and the recent G8 Dementia Summit recognized that the increasing demand for better dementia care and facilities must catalyze investment at the global level.

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Friday, December 13, 2013

PRESS RELEASE: Chambers Street Acquires Two Warehouse/Distribution Properties Totaling Approximately 763,000 SF


National Real Estate Investor

PRESS RELEASE: Chambers Street Acquires Two Warehouse/Distribution Properties Totaling Approximately 763,000 SF


Chambers Street Properties announced the acquisition of two warehouse/ distribution properties in Germany totaling approximately 763,000 sq. ft. The properties were acquired by Chambers Street's existing joint venture with Goodman Group.



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PRESS RELEASE: Jacobs REA Announces the Acquisition of Hawthorn Suites by Wyndham


Jacobs Real Estate Advisors announced the acquisition of Hawthorn Suites by Wyndham in San Antonio, Texas. The management contract for this hotel has been awarded to JREA Management a sister company of Jacobs REA.



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Thursday, December 12, 2013

PRESS RELEASE: HGA Hires Stan Chiu as a Principal in Los Angeles Office


National Real Estate Investor

PRESS RELEASE: HGA Hires Stan Chiu as a Principal in Los Angeles Office


HGA Architects and Engineers has hired Stan Chiu as a principal in its Los Angeles office.



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PRESS RELEASE: WCRE Helps Bring Two Businesses to Voorhees, NJ


WCRE represented Polaris Realty, LLC in the purchase of its new medical office within the recently constructed Sheppard Office Park, and Choice Consulting Group and Alssen BDO in the leasing of new headquarters at the Laurel Oak Corporate Center.



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PRESS RELEASE: SL Green Renews Lipsky Goodkin & Co. P.C. At 120 West 45th Street


SL Green Realty Corp. announced that Lipsky Goodkin & Co., P.C. has renewed its lease covering 10,093 sq. ft. on the entire seventh floor of 120 West 45th Street, aka Tower 45 for ten years.



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26th Annual Hunter Hotel Investment Conference


National Real Estate Investor

26th Annual Hunter Hotel Investment Conference

Our 26th annual conference will include an abundance of networking opportunities, stimulating and informative sessions with over 100 speakers from across the country offering their expertise in today’s hotel market.


Location



Atlanta Marriott Marquis
Atlanta, GA
United States









Entering our 26th year, we have long been recognized as one of the “top four” hotel investment conferences in the nation.


Networking & Education: Our 26th annual conference will include an abundance of networking opportunities, stimulating and informative sessions with over 100 speakers from across the country offering their expertise in today’s hotel market.


Connect with fellow owners: A high percentage of our attendees (much higher than other conference) are hotel owners.


Topic Highlights include:



Finance Friday – Hotel lenders are back and gaining confidence

Buying and Selling Hotels

Hotel Values Today

New Hotel Development

PIP’s and Renovations

Asset Management

Boutique Hotels

Extended Stay

The Economy Today!


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PRESS RELEASE: USAA Real Estate Company Announces Destination Hotels & Resorts to Manage La Cantera Resort


USAA Real Estate Company announces a change in management in its La Cantera Resort. Effective December 12th, the hotel will be known as the La Cantera Hill Country Resort and will be managed by Denver-based Destination Hotels & Resorts.



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PRESS RELEASE: Momentum Continues in Central New Jersey as Matrix Development Group Breaks Ground on New Build-to-Suit Warehouse For Falken Tire


Matrix Development Group broke ground on a new build-to-suit warehouse and distribution center for Falken Tire Corporation within Matrix Business Park at 7A, the company's premier 480-acre light industrial park in Robbinsville, N.J.



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PRESS RELEASE: NAI James E. Hanson Represents Dynamic Marketing Inc. in Leasing of 396,510-SF Facility in Hamilton Township, N.J.


National Real Estate Investor

PRESS RELEASE: NAI James E. Hanson Represents Dynamic Marketing Inc. in Leasing of 396,510-SF Facility in Hamilton Township, N.J.


NAI James E. Hanson announced that the agency represented Dynamic Marketing Inc., a Brooklyn based Appliance and Electronic Cooperative, in the long-term lease of a 396,510-sq.-ft. warehouse at 400 Cabot Drive in Hamilton Township, N.J.



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PRESS RELEASE: Brandywine Homes Hires Real Estate Veteran Alex G. Hernandez as Senior Vice President of Land Acquisition and Project Management


As part of an anticipated expansion over the next three years, Brandywine Homes has brought on board Alex G. Hernandez, a former executive with The Olson Company and TELACU Development, as senior vice president of land acquisition and project management.



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Ventas Renews, Expands Credit Facility








Chicago-based health care REIT Ventas recently renewed and expanded its borrowing power, closing a $3 billion unsecured credit facility this week.

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PRESS RELEASE: R.D. Olson Construction Active with Several New Los Angeles Area Projects


Commercial construction is on the rise as Southland real estate markets continue to show improvement, with R.D. Olson Construction announcing several new projects in Los Angeles County, including one on Catalina Island.



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Wednesday, December 11, 2013

PRESS RELEASE: BOMA Recognizes 2050 Main Street In Orange County With Prestigious Commercial Real Estate Award


National Real Estate Investor

PRESS RELEASE: BOMA Recognizes 2050 Main Street In Orange County With Prestigious Commercial Real Estate Award


Orange County's 2050 Main Street, managed by RiverRock Real Estate Group, took home top honors at the Buildings Owners and Managers Association (BOMA) Building of the Year and Industry Awards.



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PRESS RELEASE: Transwestern Welcomes Trent Germano as Managing Director of Development for the Southeast


Transwestern announced one of Atlanta's most well-respected development leaders, Trent Germano, has joined the real estate firm as managing director of development for the Southeast. In this role, Germano will lead development opportunities.



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PRESS RELEASE: Paster Enterprises Announces Purchase of Highland Bank Building


Paster Enterprises announced the purchase of the Highland Bank Building, located at 1730 Plymouth Road in Minnetonka, Minn.



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PRESS RELEASE: Cushman & Wakefield Promotes Jon Fales, Senior Managing Director, To Head Of Strategic Agecny Services (SAS)


Cushman & Wakefield announced that Jon Fales, senior managing director, has been promoted to head of the firm's strategic agency services (SAS).

 

Mr. Fales, who bring more than 17 years of agency leasing experience to the position, will proactively manage SAS’s delivery of services across the group’s portfolio in the New York region to best ensure that leasing objectives are achieved in a disciplined and consistent manner.

 



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PRESS RELEASE: Paul V. Profeta and Associates Acquires 133,000-SF Home Depot in Bridgewater, Mass., for More than $24 Million


WEST ORANGE, N.J. (Dec. 11, 2013) – Paul V. Profeta and Associates, a leading real estate investment firm with assets across the country, today announced that the company has purchased a 132,984-square-foot Home Depot on 27-acres in Bridgewater, Mass., for more than $24 million from Gvest Partners, LLC.

 



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PRESS RELEASE: Trophy Sixth Avenue NYC Tower Offers Up Prime Office Space


National Real Estate Investor

PRESS RELEASE: Trophy Sixth Avenue NYC Tower Offers Up Prime Office Space


Prominent Manhattan office owner Paramount Group, Inc., has awarded Newmark Grubb Knight Frank the exclusive leasing duties for 1301 Avenue of the Americas, a 1.75-million-square-foot, 45-story, Class A office tower that occupies the entire block between 52nd and 53rd streets.



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Chinese Investors Go Big on U.S. CRE


National Real Estate Investor

Chinese Investors Go Big on U.S. CRE

Commercial estate real estate investors from China are pouring money into the U.S.—spending much more than they invested in 2012 and focusing on giant properties in the nation’s largest city.

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PRESS RELEASE: Jones Lang LaSalle Completes 36,500 SF Office Lease with Moss Adams in Irvine, Calif.


Jones Lang LaSalle represented Moss Adams in a new lease for 36,500 square feet of office space at 2040 Main Street, 14-story, 307,559-square-foot Class A office building located in Irvine, California. Moss Adams is relocating its regional office from 2030 Main Street in Irvine.



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Tuesday, December 10, 2013

PRESS RELEASE: HFF Closes $9.875 Million Sale Of Publix-Anchored Center In Fort Myers, Florida


National Real Estate Investor

PRESS RELEASE: HFF Closes $9.875 Million Sale Of Publix-Anchored Center In Fort Myers, Florida


HFF announced that it has closed the $9.875 million sale of Alico Commons, a 97,663-sq.-ft. Publix-anchored center in Fort Myers, Fla.

HFF marketed the properties on behalf of Endeavor Real Estate Group.



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PRESS RELEASE: CBRE Group Inc. Completes Sale of 1 Campus Drive in Parsippany


CBRE Group, Inc. announced that it has completed the sale of One Campus Drive, a 377,000 sq. ft., class-A office building in Parsippany for an undisclosed price. The sale marks one of the largest office building transactions in the state this year.



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PRESS RELEASE: J.C. Anderson, Inc. Completes 20,000 SF Build-Out for Rightpoint in Chicago


J.C. Anderson, Inc. announced the firm has completed a 20,000-sq.-ft. office build-out for Rightpoint at 29 N. Wacker Drive in Chicago.



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PRESS RELEASE: ML Realty Partners Announces New Lease in Chicagoland


ML Realty Partners LLC announced that PressSense Pressure Sensitive Papers, Inc., has leased 52,005 sq. ft. of warehouse space at Heritage Crossing Corporate Center, 14503 Gougar Road in Lockport, Ill.



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PRESS RELEASE: Ari Dizpenza of Mizrach Realty Associates Closes $28 Million In Wynwood Sales Transactions


National Real Estate Investor

PRESS RELEASE: Ari Dizpenza of Mizrach Realty Associates Closes $28 Million In Wynwood Sales Transactions


Mizrach Realty Associates has completed more than 317,000 sq. ft. in sales transactions in Wynwood alone this year, totaling $27,736,200.

The 12 deals were negotiated by Ari Dispenza of Mizrach Realty Associates.



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Rates, Tapering & Lending Sources: What’s a Borrower To Do?


National Real Estate Investor

Rates, Tapering & Lending Sources: What’s a Borrower To Do?


As the commercial real estate market continues to improve, lenders of all kinds are getting back in the game. With a possible rise in interest rates on the horizon and the unknown effects and timing of tapering, commercial real estate professionals and lenders are watching the lending environment with eagle eyes.

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Monday, December 9, 2013

Prognosis Positive at First Day of ICSC’s New York Show


National Real Estate Investor

Prognosis Positive at First Day of ICSC’s New York Show

The show attracted 7,600 attendees, an uptick of about 600 from last year, according to ICSC statistics. There were also plenty of fresh names featured in this year’s Retailer Runway, which looks at expanding companies.

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LEED Green-Building Projects Nearing 60,000 Worldwide


National Real Estate Investor

LEED Green-Building Projects Nearing 60,000 Worldwide


There are nearly 60,000 LEED green-building projects spanning 10.6 billion sq ft across the globe, a new report from the U.S. Green Building Council (USGBC) says.

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Acoustical Challenges in Green Buildings (With Related Video)


Post-occupancy evaluations conducted by the Center for the Built Environment reveal that green building acoustics are typically worse than their traditional counterparts, and that over half of respondents feel noise inhibits their work.

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SA Recycling Opens New California Facility


SA Recycling LLC has opened a new metal recycling facility in Santa Maria, Calif.

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Eight Reasons Why Sustainability Matters


National Real Estate Investor

Eight Reasons Why Sustainability Matters

Why should sustainability be important to business, and what are we doing about it at Brandywine Realty Trust? Here are eight reasons that sustainability matters, along with suggestions for action.

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Retail Center Owners Find Innovative Ways to Deal with Waste








Among the sustainable features that retail property owners are paying greater attention to today are recycling and environmentally-friendly ways to dispose of landfill waste. Innovative practices for waste management have evolved tremendously in the past five years and include strategies for converting waste into fuel.

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Friday, December 6, 2013

Despite Demand, Repurposing of Retail to MOB Still Lags


National Real Estate Investor

Despite Demand, Repurposing of Retail to MOB Still Lags

With the expected demand surge for medical office in the next few years, developers such as Duke Realty say a major trend for medical office this year would be the buy-up of vacant retail property for renovation, particularly the ghost buildings that defunct chains vacated due to the recession and obsolescence.

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Affordable Housing Draws Investors

Investors are seeking higher yielding investments, looking far beyond conventional, class-A apartment properties in prime markets. A growing number are bidding for government subsidized affordable housing properties.

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PRESS RELEASE: Heitman Adds to its Real Estate Securities Group


Heitman LLC announced two new personnel appointments designed to support the company in achieving its long-term growth objectives and delivering best-in-class performance to its clients.



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PRESS RELEASE: CBRE Announces Sale of 100 Plaza Drive


Jeffrey Dunne, Kevin Welsh and Brian Schulz, of CBRE's New York Institutional Group, represented Hartz Mountain Industries, Inc. in the sale of 100 Plaza Drive in Secaucus, N.J. for $47 million. The team was also responsible for procuring the buyer, Harbor Group.



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PRESS RELEASE: San Diego-Based Pathfinder Partners, LLC Acquires Florera Condominiums near Seattle’s Green Lake Park


Continuing to expand its multifamily portfolio in the Seattle area, Pathfinder Partners, LLC, announced that it has acquired the remaining unsold inventory of the Florera Condominiums, a four-story, 37,000-sq.-ft. mixed use condominium project five miles north of downtown.



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Thursday, December 5, 2013

PRESS RELEASE: HFF Secures $16.88 Million Financing for Freestanding ShopRite Supermarket in Staten Island, New York


National Real Estate Investor

PRESS RELEASE: HFF Secures $16.88 Million Financing for Freestanding ShopRite Supermarket in Staten Island, New York


HFF announced that it has secured a $16.88 million construction and permanent loan for the development of a 63,000-sq.-ft. freestanding ShopRite supermarket in Staten Island, NY.



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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-bed student housing community serving Kennesaw State University in Kennesaw, Georgia. HFF also arranged acquisition financing for the buyer.



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PRESS RELEASE: Keystone Property Group Announces 74,300-SF New Lease with Destination Maternity Corporation at Moorestown Corporate Center


National Real Estate Investor

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.



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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.



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Westfield Strikes a Deal for One of the Biggest Retail Sales of the Year


National Real Estate Investor

Westfield Strikes a Deal for One of the Biggest Retail Sales of the Year

Industry insiders say that with the center’s enormous sales potential, Westfield should make a tidy profit. The purchase may also indicate the kinds of assets the company will go after in the future, now that it’s planning to split its Australian and U.S. holdings.

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Cocktails and Conversations


National Real Estate Investor

Cocktails and Conversations

Register now for New Jersey's most important commercial real estate networking event.


Location



Cocktails and Conversations 2013

5901 West Side Ave.

North Bergen, NJ
07047
United States


















Cocktails & Conversation


“Once again, there is magic in the air. Only here will you find the greatest networking event in New Jersey’s history!”


— Jonathan A. Schein, Practice Leader, National Real Estate Investor, Penton


 















Building Sponsor:




 















Media Sponsors:



 




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Kite Acted Quickly to Nab $307M Portfolio

Kire Realty acted fast to nab a $307 million portfolio of nine retail properties totaling about two million sq. ft.

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Wednesday, December 4, 2013

PRESS RELEASE: The Woodmont Company Begins Development of 190,000 SF Park Village Retail Center in Southlake, TX


National Real Estate Investor

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.



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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.



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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.



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PRESS RELEASE: HFF Closes $63.25 Million Sale Of A Two-Property New England Seniors Housing Portfolio


National Real Estate Investor

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.



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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.



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PRESS RELEASE: Madison Partners Arranges Sale of a 9-Property Southern California Grocery and Retail Portfolio


National Real Estate Investor

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.



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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.



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Westfield to Split Up Australian Holdings from U.S. and U.K. Malls


National Real Estate Investor

Westfield to Split Up Australian Holdings from U.S. and U.K. Malls

The move is aimed to help investors choose which of Westfield's many propertiers they want to put money in.

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Tuesday, December 3, 2013

PRESS RELEASE: Three First Potomac Realty Trust Office Buildings in Sova Receive Energy Star Certification


National Real Estate Investor

PRESS RELEASE: Three First Potomac Realty Trust Office Buildings in Sova Receive Energy Star Certification


First Potomac Realty Trust announced that three of the office buildings in its Southern Virginia portfolio are now Energy Star certified by the U.S. Environmental Protection Agency.

 



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PRESS RELEASE: SL Green Expands LED Lighting Upgrades Throughout Ten Properties


SL Green Realty Corp. announced it is underway with the expansion of its portfolio LED lighting retrofit program, installing more than 8,000 LED lamps across ten commercial office properties to save $300,000 annually.



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PRESS RELEASE: Performance Properties Launches New Partnership to Acquire Value-Add Multifamily Properties


Performance Properties LLC has acquired the 416-unit Vista Buena Apartment Homes in North Dallas as the first property for its brand-new partnership targeting value-add multifamily assets from $10 million to $20 million.



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PRESS RELEASE: Kalmon Dolgin Affiliates Arranges 4,400 SF Lease for Express Elevator Construction at 18-25 26th Road in Astoria


National Real Estate Investor

PRESS RELEASE: Kalmon Dolgin Affiliates Arranges 4,400 SF Lease for Express Elevator Construction at 18-25 26th Road in Astoria


Kalmon Dolgin Affiliates, Inc. has arranged a 4,400 sq.-ft., long-term lease for Express Elevator Construction, an elevator service provider, at 18-25 26th Road in the Astoria section of Queens, NY.



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Monday, December 2, 2013

Retail Landlords Become More Active in Adapting Sustainable Practices


National Real Estate Investor

Retail Landlords Become More Active in Adapting Sustainable Practices

As sustainable building has become a mainstream movement in the U.S., retail center owners have finally been joining the herd. From energy-efficient lighting fixtures to water conservation features to solar roof panels, mall and shopping center owners have been instituting sustainable features into their properties.

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PRESS RELEASE: Mission Capital Advisors Completes Sale of $48-Million Loan Secured by Shadow Mountain Marketplace in Las Vegas


National Real Estate Investor

PRESS RELEASE: Mission Capital Advisors Completes Sale of $48-Million Loan Secured by Shadow Mountain Marketplace in Las Vegas


Marcus & Millichap Real Estate Investment Services announced the sale of Park Ridge Townhomes, a 42-unit apartment property located in Arlington, Texas.



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PRESS RELEASE: Marcus & Millichap Arranges the Sale of a 42-unit Apartment Building


Marcus & Millichap Real Estate Investment Services announced the sale of Park Ridge Townhomes, a 42-unit apartment property located in Arlington, Texas.

     



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RGR Digital to Print Offer 2010

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PRESS RELEASE: Nadel Architects-Designed Multifamily Complex Now Open in Marina Del Rey


Designed by Nadel Architects, the Shores multifamily development is now open for rent at 4201 Via Marina in Marina del Rey, Calif. The $165 million complex was created by Jerry Epstein and actor Kirk Douglas, developers of Shores, LLC; and Herb Nadel.



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