Commercial Real Estate News
Seal the deal with news about non-residential properties and sales, including commercial and industrial real estate. Learn about new ventures, partnerships, deals, products and services geared toward the business of real estate.
SIG Brokers $13M Sale of Automotive Portfolio in Atlanta
Considering the comparable lease terms in today’s market, this deal will rank among one of the most aggressive price points in the automotive net-lease industry. - September 15, 2021 - Sands Investment Group
Katja Wahl Named Marketing Manager at Nova USA Wood Products
Katja Wahl has been named the marketing manager at Nova USA Wood Products, Inc., a leading supplier of high-quality hardwood products and accessories. She will be responsible for leading the company’s sales, marketing and public relations efforts. “Our goal is to be recognized in this... - September 14, 2021 - Nova USA
Sterling Equities Group Unveils $25 Mln PE Commercial Real Estate Fund
Sterling Equities Group LLC has launched a $25 million private equity commercial real estate fund. Sterling Equities Group LLC will focus on commercial real estate mostly located in the midwest. Based in Phoenix, Arizona Sterling Equities Group is a portfolio manager of commercial real estate. - September 13, 2021 - Sterling Equities Group
Toi Holliday was Featured in the Los Angeles Edition of Top Agent Magazine
Toi Holliday of Side Inc. Arc Realty was featured in the Los Angeles Edition of Top Agent Magazine in September 2021. Top Agent Magazine is the premier real estate magazine featuring the foremost real estate agents, mortgage professionals, and affiliates in the USA, Europe, Canada, Australia and... - September 09, 2021 - Toi Holliday Real Estate Team
Joseph Fagan Promoted to Account Manager at RT Environmental & Construction Professional
Joseph Fagan has been promoted to account manager within the Environmental and Construction Professional (ECP) Practice of RT Specialty. Since joining the company in 2019, Fagan has focused on the development of client proposals, coverage assessments and insurance policy comparisons primarily in... - September 09, 2021 - R-T Specialty, LLC's Environmental & Construction Professional Practice
Prospect Real Estate Development Group to Partner with Midtown Capital on $45M 240-Unit Apartment Building in Lake Worth, Fla.
New multi-family building boasts desirable location and plenty of amenities. - September 09, 2021 - Prospect Real Estate Development Group
Joe Malvasio of GCP Fund Ensures Quick Closing on Hard Money Loans for New Commercial Real Estate Investors in New York
GCP Fund facilitated an acquisition worth $9.5 million to Bank Reo and closed the deal just within a matter of two weeks. - September 06, 2021 - Global Capital Partners Fund LLC
Bancap Self Storage Group Brokers Sale to First-Time Buyers
Grass Valley Self Storage Investment Sold - September 03, 2021 - Bancap Self Storage Group, Inc.
Jeff Gorden of The Gorden Company Arranges the Sale of Land for Storage Development
Jeff Gorden of The Gorden Company has arranged the sale of land for storage development in Las Vegas, Nevada. The parcel sold August 24, 2021 and the land development is projected to span just over 20 acres. Jeff Gorden represented the Buyer. Jeff Gorden shared the following about the sale,... - September 03, 2021 - Argus Self Storage Advisors
Opteon Advances Innovation Within the Appraisal Industry Through the Acquisition of Valucentric
Opteon, a leading international provider of valuation, advisory, and property services, has acquired Valucentric. Opteon currently uses innovative technology to deliver an average of 2-day turn times and on-demand same-day appraisals. Opteon is customizing that platform for the US market. - September 02, 2021 - Opteon USA
ELEMENTAL Hardwoods Adds Beautiful, But Rare Black Mesquite Hardwood to Exotic Flooring Line
ELEMENTAL Hardwoods has expanded its exotic hardwood flooring line with the addition of Black Mesquite, a beautiful, hard to source wood species known for its extreme stability, durability, distinctive character and chocolate and gray brown grain patterns. Sourced sustainably from the high desert... - September 01, 2021 - Elemental Hardwoods
Dennis M. Baez Joins Berkley Construction Professional as Senior Vice President of Underwriting
Dennis M. Baez joins Berkley Construction Professional, a division of Berkley Alliance Managers, a Berkley Company, as a senior vice president of underwriting. He is responsible for underwriting primary and excess business within the retail and wholesale insurance communities, fostering strong... - August 31, 2021 - Berkley Alliance Managers
Argus Broker Affiliates Announce Sale of Georgia Self Storage Portfolio
Sauls Storage Group is pleased to announce the sale of a three-property portfolio in Arnoldsville, Crawfordsville, and Watkinsville, Georgia. The sale closed August 13, 2021. The ultra-competitive self-storage rental market is booming and as a result the self-storage real estate market continues to... - August 27, 2021 - Argus Self Storage Advisors
Argus Broker Affiliate Announces Sale of Kansas Self Storage Facility
Larry Goldman, CCIM, of Goldman Investment Advisors, is pleased to announce the sale of Budget Storage in Hutchinson, Kansas. Storage Space III, of Laramie, WY acquired Budget Storage in Hutchinson, KS on August 5, 2021. The facility is the largest self-storage facility in Hutchinson, KS and will... - August 27, 2021 - Argus Self Storage Advisors
Argus Broker Affiliates Announce Sale of Georgia Self Storage Facility
Sauls Storage Group is pleased to announce the sale of AA Augusta located in Augusta, Georgia. The sale closed August 6, 2021. The self-storage valuation boom is still going strong as properties, large and small, attract investors both near and far. This standalone facility consisted of only 10,075... - August 27, 2021 - Argus Self Storage Advisors
Gina Bernardo Promoted to Account Manager at RT Environmental & Construction Professional
Gina Bernardo has been promoted to account manager within the Environmental and Construction Professional (ECP) Practice of RT Specialty. Since joining the team in 2019, Bernardo has supported the practice’s production teams by creating sales proposals, developing coverage assessments and... - August 26, 2021 - R-T Specialty, LLC's Environmental & Construction Professional Practice
Self Storage Facility in Montgomery, AL Sold by Midcoast Properties, Inc.
Midcoast Properties Inc. announces the recent sale of Colonial Self Storage, located at 1118 E. South Blvd., Montgomery, Alabama. Midcoast Properties represented the Seller, with Dale C. Eisenman, CCIM, as lead broker. The facility was sold to an out of state buyer. The facility is situated on... - August 25, 2021 - Midcoast Properties, Inc.
Argus Broker Affiliates Announce Sale of New Jersey Self Storage Facility
LC Realty, Argus Self Storage Advisors Broker Affiliate, and commercial real estate brokerage firm specializing in self-storage investment sales and advisory services in New York and New Jersey, announce the sale of AAA Storage Depot, a 33,552 square-foot self-storage facility located in South... - August 22, 2021 - Argus Self Storage Advisors
Jeff Gorden of The Gorden Group Arranges the Sale of Oracle Mini Storage in Tucson, Arizona
Jeff Gorden of The Gorden Group has arranged the sale of Oracle Mini Storage in Tucson, Arizona. The self-storage facility sold July 29, 2021 in conjunction with another property in Pinal County for $3,725,000. The property spans just under half an acre and provides 125 spaces of self-storage. Jeff... - August 22, 2021 - Argus Self Storage Advisors
Kimball Arts Center More Than 75% Leased While Still in Development
Kimball Arts Center, a 48,000 square foot creative loft building located in Chicago, IL, has leased more than 75% of its available retail space, loft office, art studios, and maker spaces before redevelopment of the building is complete. SUGR Kimball Arts LLC (a joint venture partnership between... - August 20, 2021 - Stocking Urban, LLC
Q-Tran Releases MICRO 5 Flexible Fixtures
Enlightened Thinking: The Future is Here - August 18, 2021 - Q-Tran
Naomi Comstock Joins USA Wood Products as Mechanical Engineer
Naomi Comstock has joined the mechanical engineering team of Nova USA Wood Products, Inc., a leading supplier of high-quality hardwood products and accessories. As a mechanical engineer, Comstock was hired to support the ongoing development of cutting-edge fastening and installation technologies... - August 17, 2021 - Nova USA
Pangea Mortgage Capital Closes Hotel-to-Multifamily Conversion in 15 Days
Pangea Mortgage Capital recently provided funding for the acquisition of a three-asset hotel portfolio in Oregon, closing in just 15 days. The quick close allowed the borrower to begin to execute on his plan to convert the hotel portfolio to multifamily housing. - August 16, 2021 - Pangea Properties
Prestige Home Services, LLC Has a New Name
Prestige Home Services, LLC is now Level 7 Property Inspections, LLC. - August 16, 2021 - Level 7 Property Inspection, LLC
Stacy Burrows Promoted to Senior Account Manager at RT Environmental & Construction Professional
Stacy Burrows has been promoted to senior account manager within the Environmental and Construction Professional (ECP) Practice of RT Specialty. Since joining the RT ECP team in 2012, Burrows has assisted the new business and account management activities of senior management, while also directly... - August 12, 2021 - R-T Specialty, LLC's Environmental & Construction Professional Practice
West Coast Self-Storage Opens in Hillsboro, Oregon
West Coast Self-Storage today announced the opening of their newest storage facility in Hillsboro, Oregon. The business is named West Coast Self-Storage Hillsboro and is located at 2650 SE Imlay Ave, near the corner of SE Imlay Ave. and OR-8 (SW Tualatin Valley Hwy.) The self-storage property is... - August 12, 2021 - West Coast Self-Storage
SelfStorageInvesting.com Has Announced the Next Live Onsite Self Storage Academy™; The Industry’s Premier Educational Event Will be Held Nov. 4-6, 2021 in Scottsdale, AZ
The Organizer of The Self Storage Academy™ is Scott Meyers, investor, author, and owner of SelfStorageInvesting.com, along with his team of key industry professionals. This three-day event teaches real estate investors and entrepreneurs how to find, evaluate, finance, purchase, develop and... - August 11, 2021 - Self Storage Investing
The Archdiocese Announces First Round of Online Land Auctions in New Mexico
The Archdiocese has just announced a plan to release hundreds of land parcels for an upcoming online auction next month. SVN Auction Services, LLC the court appointed advisory firm will be organizing the online auction with bidding to begin on September 21 and will end on September 28. The online... - August 10, 2021 - SVN Auctions
Absolute Storage Management Redesigns Website Pages
As new investors enter the storage sector, Absolute Storage Management launched new website pages to educate and answer questions, creating a resource for these new investors to find information on the industry and third-party management. - August 08, 2021 - Absolute Storage Management
Toi Holliday Named Certified Auction Agent by Supreme Auctions
Toi Holliday, REALTOR ® of Coldwell Banker Realty based in Southern California, Los Angeles area, recently completed and received the Certified Auction Agent designation from Supreme Auctions. - August 07, 2021 - Toi Holliday Real Estate Team
Sold – Cubesmart (Managed) Self Storage in Chattanooga, TN
Michael Morrison of Midcoast Properties, Inc. represented the buyer in the purchase of CubeSmart (managed) Self Storage in Chattanooga, TN. Michael is a leading self storage broker for the firm, representing both buyers and sellers in the Southeast. This newer Class A multi-story facility features... - August 04, 2021 - Midcoast Properties, Inc.
Apex Companies, LLC Acquires Environmental Partners
Expands Multi-Disciplinary Engineering & Consulting Resources, Capabilities in Water, Environmental, Transportation and More - August 03, 2021 - Apex Companies, LLC
Argus Broker Affiliate Announces Sale of Multiple Oklahoma Self Storage Facilities
Argus Self Storage Advisors are pleased to announce the sale of the ten recent transactions below in Oklahoma by Jared Jones, CCIM, Advisor in the Tulsa, OK office. · Eight properties in Oklahoma totaling approximately 380,000 from a private Seller to a private Buyer. · One 40,000... - August 01, 2021 - Argus Self Storage Advisors
Albacado Limited Partnership Sells Site in North Andover Massachusetts for a Self-Storage Facility
Albacado Limited Partnership sold a 2.96-acre lot on the corner of Beechwood Dr. and RT.125 in North Andover, Massachusetts to a private equity joint venture. The joint venture has received approvals to develop a state-of-the-art 90,000 2.96-acre self-storage facility. This site is directly across... - July 30, 2021 - Argus Self Storage Advisors
Maureen Amari Promoted to Vice President of Operations at RT Environmental & Construction Professional
Maureen Amari has been promoted to vice president of operations within the Environmental and Construction Professional (ECP) Practice of RT Specialty. Amari was the first team member to join the RT ECP team in 2005. Starting as an account and office manager, she now supervises the... - July 29, 2021 - R-T Specialty, LLC's Environmental & Construction Professional Practice
Cherryfield Self Storage, Brevard, NC, Sold
Midcoast Properties Inc. announces the recent sale of Cherryfield Self Storage, located at 377 Old Rosman Rd., Brevard, NC. Dale C. Eisenman, broker in charge, along with Robert Moss, represented the seller. The facility was sold to an out of state regional operator. The facility, situated on 4.61... - July 29, 2021 - Midcoast Properties, Inc.
Bruce Bahrmasel Sells Green Bay Self Storage Facility
Bruce Bahrmasel, along with Jesse Luke and Scott Rihm of EquiCap Commercial, is pleased to announce the successful closing of Team Storage at 114 N. Military Ave., Green Bay, Wisconsin. The facility consists of 116,038 NRSF and 472 units and closed in July 2021 for an undisclosed price. Jesse... - July 29, 2021 - Argus Self Storage Advisors
Self Storage in Six Mile, SC Sold by Midcoast Properties, Inc.
Midcoast Properties, Inc. is pleased to announce the sale of Lake Keowee Storage, located in Six Mile, SC. Dale C. Eisenman, broker in charge along with Michael Morrison of Midcoast Properties, Inc., represented the seller. The facility was sold to an out of state development company. Lake Keowee... - July 28, 2021 - Midcoast Properties, Inc.
Garrett Danner Joins Bancap Self Storage Group
"#1 Self Storage Broker in California" Grows to Better Serve the Industry - July 24, 2021 - Bancap Self Storage Group, Inc.
CapitaLand Launches Second S$400 Million Logistics Private Fund in India
CapitaLand India Logistics Fund II will grow the Group’s funds under management reinforcing its position as one of the world’s leading real estate fund managers. - July 22, 2021 - CapitaLand Investment Limited
Walter J. Adams, Jr. of Berkley Alliance Managers to Discuss Professional Liability in a Post-COVID-19 World at CLM 2021 Annual Conference
Walter J. Adams, Jr., vice president and assistant claims manager at Berkley Alliance Managers, a Berkley Company, will discuss ways to Get Ahead of the Claim: Professional Liability in a Post-COVID-19 World at the CLM 2021 Annual Conference to be held at the Atlanta Marriott Marquis in Atlanta,... - July 21, 2021 - Berkley Alliance Managers
Pangea Mortgage Capital Closes $8.5 Million Loan
Pangea Mortgage Capital ("PMC") recently provided funding for the acquisition and repositioning of a retail community center located in suburban Cleveland. With PMC's loan, the Borrower will be able to execute on their business plan increasing its value potential. - July 21, 2021 - Pangea Properties
It’s Official; Costco is Coming to Queen Creek in the Fall/Winter of 2022
4th largest retailer in the world is coming to Queen Creek, Arizona; one of the fastest growing towns/cities in the United States. - July 13, 2021 - The Legacy Group
Keene Building Products and AMICO Introduce the Ultimate Wall Ventilating and Draining Solution
Keene Building Products and AMICO join forces to combine their world class moisture solutions to offer an ICC code compliant, self-draining vented wall system for use behind stucco, veneer stone, fiber cement and other exterior claddings. This innovative combination creates a dedicated drainage... - July 13, 2021 - Keene Building Products
Real Estate Auction Firm Tranzon Driggers Promoted Kevin Weinsheimer to Chief Operating Officer
Kevin Weinsheimer has been promoted to Chief Operating Officer of Tranzon Driggers, a real estate auction firm working throughout the Southeastern U.S. He has been with the Ocala, FL based company for over eleven years. “I am honored to receive this promotion and look forward to working in a... - July 13, 2021 - Tranzon Driggers
Dominus Commercial Self Storage Team & Argus Broker Affiliates Chad Snyder and Tyler Trahant Transact 7 Self Storage Facilities in Q2
The Argus Self Storage Advisors North Texas Team, Chad Snyder and Tyler Trahant of Dominus Commercial, have successfully worked with buyers and owners in completing the purchase and sale of 7 different self storage facility transactions in Q2 of 2021, bringing their half year total to 11... - July 11, 2021 - Argus Self Storage Advisors
Heidi Burke Promoted to Account Executive at RT Environmental & Construction Professional
Heidi Burke has been promoted to account executive within the Environmental and Construction Professional (ECP) Practice of RT Specialty. Burke joined the team in 2014 and has since played an instrumental role in the development and management of the company’s professional liability,... - July 08, 2021 - R-T Specialty, LLC's Environmental & Construction Professional Practice
Argus Broker Affiliates Announce Sale of Iowa Self Storage Facility
Tom Flannigan, Alex Ihrke and Matt Haugen of KW Commercial Minneapolis represented the seller and procured the buyer for the sale of Grays Lake Self Storage in Des Moines, Iowa. The property sold for $475,000 and consists of 9,600 rentable square feet of self storage. Tom and Alex are the Argus... - July 08, 2021 - Argus Self Storage Advisors
UDOT to Sell 14 Surplus Properties July 13-20; SVN Auction Services to Coordinate Online Auction
Government-Owned Land Auction by UDOT (Utah Department of Transportation) - July 07, 2021 - SVN Auctions
Aloia Roland Partners Recognized for Excellence in the Legal Field
Southwest Florida attorneys, Frank Aloia, Jr., Ty Roland, Evan Lubell, Jack Morgan, and Danielle Levy Seitz earn multiple distinctions in the practice of law. - July 04, 2021 - Aloia, Roland, Lubell & Morgan