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.
Cannabis Zoning Services Company Launches a Revolutionary Tool for Realtors Looking for Cannabis Real Estate
In a first for the cannabis zoning and real estate sector, a San Diego based specialized real estate services company has launched a digital mapping system to help its agents find available properties and licensing opportunities, filtered by region and regulations instantly, with real-time... - February 25, 2021 - CREC Inc.
Lunsford & Associates Realty Co. Announces Hayley Harper Wreyford as Principal Broker
Lunsford & Associates Realty Co. announced today that Hayley Harper Wreyford will now be Principal Broker over the full service Real Estate firm. Upon Andrew Lunsford's sudden and tragic death in December, Mrs. Wreyford has been operating as Principal Broker on a temporary basis. Today's announcement welcomes Mrs. Wreyford to this role officially. - February 25, 2021 - Lunsford & Associates Realty Co.
Alex Ilgner Named Account Administrator at RT Environmental & Construction Professional
Alex Ilgner has been named as an account administrator within the Environmental and Construction Professional (ECP) Practice of RT Specialty. He will support the account management and policy servicing activities offered by senior management to the organization’s national network of agents,... - February 25, 2021 - R-T Specialty, LLC's Environmental & Construction Professional Practice
Sale of Renegade Storage, Murphy, North Carolina
Midcoast Properties, Inc. announces the recent sale of Renegade Storage, located in Murphy, North Carolina. - February 25, 2021 - Midcoast Properties, Inc.
Multi-Million Dollar Indoor Sports Facility in St. Johns County Moves Forward
Saint Johns Development Partners, the team behind Sports Edge Athletics, an indoor/outdoor sports training complex (previously known as “Project Family”), is moving forward with Phase 1 of the project. - February 23, 2021 - Saint Johns Development Partners
ITS Completes Major Re-Wiring Project at Valencia Lakes
ITS is pleased to announce the successful completion of a major project at Valencia Lakes, a 55+ community consisting of over 1,600 homes in Wimauma, FL. The community contracted Irrigation Technical Services to complete a successful two-phase 2-wire re-wiring project that spanned over 75% of its... - February 22, 2021 - Irrigation Technical Services
Durante Rentals Hires Industry Veteran Steve Durante as Chief Sales Officer
Durante Rentals, a leader in the construction equipment rental industry, announced Steve Durante has joined the company as Chief Sales Officer. As the organization’s senior-most sales leader, Steve will provide strategic leadership and direction to both the inside and outside sales teams. He... - February 19, 2021 - Durante Rentals
Keren Mizrahi Earns Real Estate Broker License
Keren Mizrahi of RE/MAX Alliance Group in Sarasota, Florida, Receives Real Estate Broker License. - February 19, 2021 - RE/MAX Alliance Group
AFJ Law Group PLLC is Helping Michigan Small Businesses Survive and Thrive Through COVID-19
AFJ Law Group PLLC specializes in business litigation, real estate transactions and estate planning. - February 18, 2021 - AFJ Law Group PLLC
American Street Capital Arranges $8.1 Million for Multifamily Complex in Riverdale, GA
American Street Capital (“ASC”) announced today that it has arranged an $8.1 million cash-out refinance loan for a 150-unit multifamily complex in Riverdale, GA. Located approximately 13 miles from the Atlanta central business district, Riverdale is a southern suburb with proximity to... - February 18, 2021 - American Street Capital
Midcoast Properties, Inc. Assists in the Sale of Storage Solutions, Lafayette, Georgia
Midcoast Properties, Inc. announces the sale of Storage Solutions, located in Lafayette, Georgia. - February 17, 2021 - Midcoast Properties, Inc.
OD Beach Rentals Joins Thomas Real Estate, Inc.
OD Beach Rentals, of North Myrtle Beach, S.C., has merged with Thomas Real Estate, Inc., of North Myrtle Beach. The merger expands the services of the Thomas Beach Vacations division. - February 17, 2021 - Thomas Real Estate Inc.
Argus Broker Affiliate Sells Missouri Self Storage Facility
Larry Goldman, CCIM, of Goldman Investment Advisors, facilitated the sale of Lock N’ Key Storage in Knob Noster, Missouri. The sale closed January 28, 2021. The facility sits on approximately 3.4 acres and offers 41,880 rentable square feet of storage. Lock N’ Key Storage sold to Lock... - February 13, 2021 - Argus Self Storage Advisors
Simon Davis Joins Impec Group as SVP of Workplace Technology
Simon Davis, a recognized thought leader in real estate technology, joins Impec Group. Mr. Davis will serve as SVP of Workplace Technology. Mr. Davis brings with him experience in technology solutions, machine learning, virtual design, workplace optimization, and IWMS consulting/software. - February 12, 2021 - Impec Group
Store Here Self Storage Announces Opening of New Facility in Racine, Wisconsin
Store Here Self Storage (“Store Here”), a national self-storage operator with facilities across thirteen states, announces the opening of its third location in Wisconsin, Store Here Self Storage in Racine. - February 11, 2021 - Store Here Self Storage
Argus Broker Affiliates Announce Sale of Alabama Self Storage Facility
Bill Barnhill, CCIM, and Stuart P. LaGroue, Sr., the Argus Self Storage Advisors for the Gulf Coast region, represented the seller of “Storage Solutions – Climate Controlled Storage” located in Opelika, AL. - February 10, 2021 - Argus Self Storage Advisors
Hilton Jones Named Consultant at RT Environmental & Construction Professional
Hilton Jones has been named a consultant within the Environmental and Construction Professional (ECP) Practice of RT Specialty. Based in San Francisco, California, Hilton is responsible for expanding the company’s presence as a premium resource for access to environmental and... - February 09, 2021 - R-T Specialty, LLC's Environmental & Construction Professional Practice
KH Properties LLC Finalizes Renovation of 351-Unit Bethalto, IL Apartment Community
KH Properties LLC is celebrating the completion of its most recent multi-family community. After purchasing the neglected property in 2018, KH Properties has directed the multimillion-dollar project toward restoring and revitalizing this community. Joining KH Properties’ other apartment communities in Collinsville, Wood River, and Granite City, Metro Apartments at Bethalto is the most significant Illinois investment KH Properties has made in the last three years. - February 05, 2021 - KH Properties
Durante Rentals Continues Expansion with New 20,000 Square Foot Rental Facility in Carmel, NY
Durante Rentals, a leader in the construction equipment rental industry, announced the grand opening of their new full-service rental facility located at 81 Commerce Drive in Carmel, NY. At 20,000 square feet, the new store is five times larger than their previous Carmel location and is their... - February 05, 2021 - Durante Rentals
Tom Rea Named Executive Vice President of Berkley Service Professionals
Tom Rea has been named executive vice president of Berkley Service Professionals, a division of Berkley Alliance Managers, a Berkley Company. He is responsible for overseeing the organization’s operations, strategic direction and business development efforts. “We are excited to welcome... - February 04, 2021 - Berkley Alliance Managers
Argus Broker Affiliates Announce Sale of Colorado Self Storage Development Land
Jeff Gorden, of The Gorden Group/KW Commercial, has arranged the sale of 38 acres of land in Aurora, Colorado. The parcel sold January 27, 2021 for $2,500,000. The Buyer’s development plan spans just over 38 acres and includes phased development of covered and uncovered RV Storage Spaces. - February 04, 2021 - Argus Self Storage Advisors
SelfStorageInvesting.com Has Announced the Next Live Onsite Self Storage Academy™; The Industry’s Premier Educational Event Will be Held on February 20-22, 2021
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. The three-day event teaches real estate investors and entrepreneurs how to find, evaluate, finance, purchase, develop and... - January 31, 2021 - Self Storage Investing
West Coast Self-Storage West Seattle Donates to Save the Stone Cottage
Effort Underway to Save Historic Home from Wrecking Ball - January 28, 2021 - West Coast Self-Storage
1.2 Million Square Feet Leased in the 4th Quarter for King Industrial’s I-20/ Fulton Industrial Office
The Southwest/Fulton Industrial Submarket Office of King Industrial Realty (Wilson Covington, SIOR; Randall Bryan, SIOR; Brad Bays, SIOR; & Bob Stephens) continued to lead the way during the fourth quarter of 2020 in the Southwest industrial market in Atlanta, Georgia, with deal volume... - January 27, 2021 - King Industrial Realty, Inc.
Argus Broker Affiliates Announce Sale of Alabama Self Storage Facility
Bill Barnhill, CCIM, and Stuart P. LaGroue, Sr., the Argus Self Storage Advisors for the Gulf Coast region, negotiated and facilitated the sale of a CubeSmart managed facility (privately owned) in Huntsville, AL. The Class “A” asset is located at 11580 Memorial Parkway SW and consisted... - January 24, 2021 - Argus Self Storage Advisors
Argus Broker Affiliates Announce Sale of North Dakota Self Storage Portfolio
Tom Flannigan and Alex Ihrke of KW Commercial Minneapolis, broker affiliates of Argus Self Storage Advisors, represented the seller and procured the buyer for the RH Rebel Storage Portfolio with locations in Jamestown, Minot, and Valley City, North Dakota. The four-property portfolio was sold to KO... - January 20, 2021 - Argus Self Storage Advisors
Argus Broker Affiliate Sells Arkansas Self Storage Facility
Larry Goldman, CCIM, of Goldman Investment Advisors, facilitated the sale of Handy Rentals in Wynne, Arkansas. - January 18, 2021 - Argus Self Storage Advisors
Advancement in Technology; HEPA Clean Specialty Products Complies with CDC Guidelines for Infection Control and Containment on Medical Related Construction Projects
CDC guidelines suggest that on any construction related projects all negative air is exhausted to the exterior of a building. This is not always possible, it can be labor intensive and impact energy usage for HVAC. These factors cost time and money. CDC allows for alternative solutions. HEPA Clean Specialty Products has developed an alternative solution. - January 14, 2021 - HEPA Clean Specialty Products LLC
Justin Kochmer Named Account Administrator at RT Specialty
RT Specialty has named Justin Kochmer as an account administrator within its Environmental and Construction Professional (ECP) Practice. He is responsible for supporting the expert account and policy management services provided to brokers and agents nationwide by the company’s senior... - January 13, 2021 - R-T Specialty, LLC's Environmental & Construction Professional Practice
LichtensteinRE Has Sold a Shopping Center in Congers, NY for $4,000,000
LichtensteinRE has procured a Rare 4% Fixed Rate Interest; Only 15 Year Seller’s PM Private Money First Mortgage for the Buyer. - January 13, 2021 - LichtensteinRE
Argus Broker Affiliates Announce Sale of Louisiana Self Storage Facility
Argus Self Storage Advisor Affiliates Bill Barnhill, CCIM and Jeremy B. Milling, CCIM represented the seller of Central City Mini Storage located in Central, Louisiana, a suburb of Baton Rouge. The property sold on January 6, 2021 to a group of investors out of Los Angeles, California and Dallas,... - January 10, 2021 - Argus Self Storage Advisors
ASC Secures $10.24 Million Acquisition Loan for Multifamily Community in Burbank, IL
American Street Capital (“ASC”) announced today that it has secured a $10.24 million acquisition loan for a multifamily community located in Burbank, IL. Built in 1983, the multifamily community consists of 27 simplex style buildings containing 173 units on 6.31 acres. The unit mix... - January 08, 2021 - American Street Capital
Argus Broker Affiliates Announce Sale of Two Florida Self Storage Development Sites
Josh Koerner & Frost Weaver, of Weaver Realty Group, Inc., are pleased to announce the sale of two Class A self storage development sites in South Florida. Tamarac Self-Storage Development Site, located along West McNab Road in Tamarac, closed November 17, 2020. The property is located on 1.37... - January 06, 2021 - Argus Self Storage Advisors
IREM Austin Announces 2020 Award Recipients for Excellence in Property Management
The Institute of Real Estate Management Austin Chapter announces winners of its 2020 awards recognizing excellence in property management to outstanding professionals. For over 80 years, IREM has set the standard for professionalism in the real estate industry through adherence to the highest... - December 31, 2020 - IREM Austin
ASC Arranges $12.59 Million for Multifamily LIHTC Portfolio in Florida
American Street Capital (“ASC”) announced today that it has arranged $12.59 million in permanent loans for the acquisition of two LIHTC multifamily communities located in Florida. The first of the two deals include a $6,963,000 permanent loan for the acquisition of a 144-unit LIHTC... - December 19, 2020 - American Street Capital
Trillium Capital Resources Arranges $27 Million Financing for Two Multifamily Properties and a $37 Million Multifamily with HUD
Trillium Capital Resources, LLC is pleased to announce the successful closing of two new multifamily properties and the successful repricing of a $37 million HUD loan through the A7 program. Palm Bay Grand Apartments, located in Melbourne, FL contains 166 units and was financed with a $21 million... - December 19, 2020 - Trillium Capital Resources
Summit Heated Self Storage Opens in Tacoma, Washington
Storage operation Summit Heated Self Storage announced today that it is now open. The business is located at 5104 104th Street East in the Summit area of Tacoma. Summit Heated Self Storage features 843 units totaling 105,349 sq. ft. of rentable storage space. The storage facility offers both... - December 17, 2020 - West Coast Self-Storage
RT Specialty Webinar Details the Dos and Don'ts of Servicing Contractor's Professional Liability Claims
R-T Specialty, LLC’s Environmental and Construction Professional (RT ECP) Practice recently detailed The Dos and Don'ts of Servicing Contractor's Professional Liability (CPrL) Claims during an online executive industry panel moderated by BJ Leonard, the company’s assistant vice... - December 16, 2020 - R-T Specialty, LLC's Environmental & Construction Professional Practice
BDA Advises Sundance Mountain Resort on Sale to Broadreach and Cedar Capital Partners
BDA Partners is pleased to announce that Robert Redford has agreed to sell BDA client, the Sundance Mountain Resort, to Broadreach Capital Partners and Cedar Capital Partners. Robert Redford founded Sundance Mountain Resort over 50 years ago. This transaction is the result of a long-term,... - December 14, 2020 - BDA Partners Ltd
The University of Texas at San Antonio Institute for Economic Development and Retail Strategies to Host Inaugural Texas Retail Academy
The University of Texas at San Antonio (UTSA) Institute for Economic Development has partnered with Retail Strategies, LLC to offer Retail Academy to six communities across Texas. The UTSA Institute for Economic Development will act as an accountability partner for the communities. Retail Academy... - December 09, 2020 - Retail Strategies
NOVA USA Wood Products Celebrates 15th Anniversary with 100% Percent Increase in Year-to-Year Sales Revenues for Its ExoShield Wood Stain and QuickClips
Nova USA Wood Products, the leading supplier of superior, high-quality hardwood products and accessories, recently completed its 15th anniversary with a 100 percent increase in year-to-year sales revenues for its proprietary wood stain and fastening products. Launched in 2005 as a manufacturer and... - December 08, 2020 - Nova USA
Vazza Acquires 161 Unit Apartment Community in Kansas City
Boston based Vazza continues to acquire in Midwest and South. Attractive cap rates and all time low financing has kept them coming back. - December 03, 2020 - Vazza Real Estate Group
Cindy Nasser, PCV Murcor COO, Named to the Dean’s Advisory Council for Cal Poly Pomona’s College of Business Administration
PCV Murcor, a nationwide real estate valuations management company, is pleased to announce that Cindy Nasser, Chief Operating Officer, has been named to the Cal Poly Pomona – College of Business Administration’s Dean’s Advisory Council. The Dean’s Council serves as the... - December 03, 2020 - PCV Murcor
Joseph Reynolds of RT Specialty Explores Contractor Faulty Workmanship Coverage Innovations at IRMI Construction Risk Virtual Conference
Joseph Reynolds, assistant vice president within R-T Specialty, LLC’s Environmental and Construction Professional (RT ECP) Practice, recently highlighted “Insurance for Faulty Workmanship: The Next Great Innovation for Contractors?” at the IRMI Construction Risk Conference held... - December 03, 2020 - R-T Specialty, LLC's Environmental & Construction Professional Practice
Kensington Self Storage, Spartanburg, South Carolina, Sold by Midcoast Properties, Inc.
Midcoast Properties, Inc. announces the sale of Kensington Self Storage, located in Spartanburg, South Carolina. - December 03, 2020 - Midcoast Properties, Inc.
Nova USA Wood Products to Showcase ExoShield Wood Stain, ExoClad Rainscreen QuickClip & Premium Hardwood Decking & Siding Solutions at ABX20
Nova USA Wood Products, a leading importer of real wood decking and siding, will demonstrate its full line of ExoShield Wood Stains, ExoClad Rainscreen QuickClips, RainScreen Siding, and premium hardwood decking products at ABX20 (www.abexpo.com) the Northeast’s largest architectural event to... - November 30, 2020 - Nova USA
Keepsake Storage, Powells Point, North Carolina, Sold by Midcoast Properties, Inc.
Midcoast Properties, Inc. announces the sale of Keepsake Storage, located in Powells Point, North Carolina. - November 20, 2020 - Midcoast Properties, Inc.
Argus Broker Affiliates Announce Sale of Minnesota Self Storage Facility
Tom Flannigan and Alex Ihrke of KW Commercial Minneapolis, broker affiliates of Argus Self Storage Advisors, represented the Seller and procured the Buyer for the sale of Dakota Mini Storage in Hastings, MN. - November 20, 2020 - Argus Self Storage Advisors
CapitaLand Secures First Three Green Loans in India Totalling INR17 Billion for Its Business Park Developments in Chennai, Gurgaon and Pune
CapitaLand has secured its first three green loans in India, totalling INR17 billion (S$323 million) from DBS Bank India Limited (DBS) and the Hongkong and Shanghai Banking Corporation Limited India (HSBC India). The three green loans mark CapitaLand’s first foray in sustainable finance in... - November 20, 2020 - CapitaLand Investment Limited
Berkley Design Professional’s BDP Risk® Learning Management System Named Brandon Hall Group 2020 Silver Excellence Award Winner
For the second consecutive year, Berkley Design Professional (BDP), a division of Berkley Alliance Managers, a Berkley Company, has won a Brandon Hall Group Excellence Award for Learning for its BDP Risk® Learning Management System. The 2020 Silver Award for “Best Advance in Custom... - November 17, 2020 - Berkley Alliance Managers