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.

Partner Colorado Credit Union Launches Cannabis Business Lending Program

Partner Colorado Credit Union today announced they will offer commercial real estate loans to their cannabis banking clients. Sundie Seefried, CEO of Partner Colorado CU and a trailblazer in U.S. cannabis banking, explained, “Now in our sixth year of cannabis banking, we have the experience and knowledge required to evaluate risk." - July 07, 2020 - Partner Colorado Credit Union

Argus Broker Affiliate Announces Sale of Denver Self Storage Facility

Joan Lucas, of Joan Lucas Real Estate Services, arranged the sale of U-Stor-All in Denver, Colorado. The sale closed June 2020. This was a very unique opportunity to acquire a well-established self-storage project in the city of Denver. The project consists of 56,15 SF of self-storage with 323... - July 03, 2020 - Argus Self Storage Advisors

Leland Storage - Sold by Midcoast Properties, Inc.

Midcoast Properties, Inc. Announces the Sale of Leland Storage in Leland, NC - July 02, 2020 - Midcoast Properties, Inc.

Argus Broker Affiliate Announces Sale of Self Storage Facility in Arizona

Jeff Gorden of The Gorden Companies/Keller Williams East Valley has arranged the sale of Access Self Storage in Camp Verde, Arizona. The self-storage facility sold May 6, 2020 for $1,275,000. The property spans just under two acres and provides 240 spaces of self-storage. Jeff Gorden represented... - July 01, 2020 - Argus Self Storage Advisors

Zero Empty Spaces (ZES) Expands to Palm Beach County with New Location at Crocker Partners-Managed Boca Center

Affordable artist studio initiative Zero Empty Spaces partners with Crocker Partners to open its first location in Palm Beach county. - June 30, 2020 - Zero Empty Spaces

The BSC Group Closes $31 Million Acquisition Financing Package Despite Pandemic Lending Market Volatility

The BSC Group, a Chicago based self-storage and commercial real estate financing advisor, has closed a $31MM CMBS loan for the acquisition of an 8 property self-storage portfolio located in Memphis, TN. The portfolio is comprised of roughly 3,500 units and totaling 490,000 square feet of net... - June 30, 2020 - The BSC Group, LLC

GoSpaces and Deloitte Provide a Leading Mobile Solution to Enable Return to Work Plans and Ongoing Support

GoSpaces and Deloitte provide a leading mobile solution to enable agile decision making for return to work plans and ongoing support. Deloitte, Canada’s largest professional services firm, and GoSpaces, an enterprise platform that provides unique features to engage employees with corporate... - June 29, 2020 - GoSpaces Mobile

2020 “GroundBreakers” Honored for Positively Impacting the Carolinas Construction Industry

GroundBreak Carolinas, an organization focused on connecting design, construction, economic development, and commercial real estate communities, is pleased to announce the winners of its 2020 GroundBreaker Awards. This annual awards program recognizes individuals who are having a significant impact... - June 19, 2020 - GroundBreak Carolinas

Aditanium Capital Corp. Launches a Secure Investor Relations Dashboard

Aditanium.com, a company located in Canada, BC, Chilliwack - Abbotsford, is connecting investors with real estate investment fund managers, executives, financial experts and industry professionals. The dashboard was created to target and engage with new investors / shareholders through one common dashboard. - June 15, 2020 - Aditanium Capital Corp.

Telgian Announces Support of the Phoenix Society for Burn Survivors

Telgian recently announced its proud support of the Phoenix Society for Burn Survivors. This organization serves not only burn survivors, but also loved ones, burn care professionals and researchers, uniting them in order to advance lifelong healing, optimal recovery and burn prevention. Founded... - June 10, 2020 - Telgian

Yakov Belousov Promoted to Senior Vice President, Operations

Yakov Belousov was promoted to Senior Vice President of Operations of Pegasus Residential. - June 09, 2020 - Pegasus Residential

Nova USA’s ExoShield Wood Stain Now Available in Multiple Sizes

Nova USA’s full color palate of ExoShield Wood Stains are now available in gallon, quart and half-pint sizes to accommodate nearly any application ranging from large decks and siding to posts, rails and outdoor furniture. Specifically-designed to provide long-lasting, superior protection,... - June 09, 2020 - Nova USA

Argus Broker Affiliate Announces Sale of Colorado Self Storage Facility

Joan Lucas, of Joan Lucas Real Estate Services, arranged the sale of Stor-Safe Self Storage in Loveland, Colorado. The sale closed May 2020. The facility sits on 2.7 acres and offers 48,975 square feet of rentable storage. Stor-Safe was opened in October 2018 and as of January 2020 had leased 35%... - June 06, 2020 - Argus Self Storage Advisors

Jerome Sawick Named Account Manager at RT Specialty

Jerome (J.J.) Sawick has been named an account manager within RT Specialty, LLC’s Environmental and Construction Professional (RT ECP) Practice. He is responsible for supporting the production efforts of our teams working in the Northeastern US. “J.J. joined our company after spending... - June 03, 2020 - R-T Specialty, LLC's Environmental & Construction Professional Practice

Webtivity Launches New Website for M2 Development Partners

Created with the M2 Development Partners’ vision and mission firmly in mind, this brand-new state of the art website has been designed using the latest technology, so that it’s compatible with today’s browsers & mobile devices. This new website highlights the varied projects M2 has developed and is in the process of developing for its clients. - May 30, 2020 - Webtivity Marketing & Design

Crescent Lenders Funds $1,150,000 Real Estate Refinance Deal for Property That Leases to Cannabis Shop

Crescent Lenders, a private money lending business located in Los Angeles, California, recently closed a refinance deal on a commercial office building located in Del Rey Oaks, California. The collateral is a two-story 5,870 square foot building on a 10,500 square foot lot (with ample parking) and... - May 29, 2020 - Crescent Lenders

Sale of Ameristor Self Storage, Thomson, Georgia

Midcoast Properties, Inc. announces the Sale of Ameristor Self Storage, located in Thomson, Georgia. - May 28, 2020 - Midcoast Properties, Inc.

Flexible Office Space Company, WorkSuites, is Officially Opening the Doors to Its New Allen, TX Location

After delaying the opening of its 20th location due to COVID-19, Dallas-based coworking company WorkSuites is officially opening its new Allen location. "Honestly, we can’t imagine worse timing, but here we are. Pre-leasing our new flexible office space in Allen has been challenging for obvious reasons. However, we are thankful our spaces are built-out in the way they are and that we specialize in private offices vs. communal coworking," says Sales Director Taylor Howard. - May 27, 2020 - Lucid Private Offices

Pegasus Residential Ranked in NMHC Top 50

Pegasus Residential ranks in Top 50 Management Companies in US by NMHC. - May 21, 2020 - Pegasus Residential

Bid4Assets to Host First-Ever Online Tax Sale for Nye County, Nevada Treasurer

Over 580 tax defaulted properties will be offered in May 31 online auction. - May 20, 2020 - Bid4Assets Inc.

Platinum Partners Facility Owners Mary Molloy & Bob Mikulak

Self Storage Investing, a company always dedicated to not only remaining educated in all that is done, but sets out to teach everything that is needed to learn in order to succeed. Students turned partners are one of the proudest ways in which Self Storage Investment can show not only the drive for... - May 15, 2020 - Self Storage Investing

Meadows Bank Reports Total Equity Capital Growth of 18%

Meadows Bank, headquartered in Las Vegas, NV, announced its financial information as of March 31, 2020. - May 14, 2020 - Meadows Bank

Trillium Capital Resources Arranges Funding for 8 Multifamily Projects in Florida, Georgia and Tennessee

Trillium Capital Resources announces the recent successful funding of 8 multifamily projects consisting of 334 units located in Georgia, Florida and Tennessee for five borrowers. The funding consisted of 2 of the properties through existing banking partnership and 6 through its Agency partners. - May 14, 2020 - Trillium Capital Resources

David M. Slaugenhoup Promoted to Vice President at RT Specialty

David M. Slaugenhoup has been promoted to vice president within RT Specialty, LLC’s Environmental and Construction Professional (RT ECP) Practice. Since joining the team in 2013, Slaugenhoup has diligently worked with RT ECP customers nationwide to strategically manage the daily liability... - May 12, 2020 - R-T Specialty, LLC's Environmental & Construction Professional Practice

New Self Storage Facility Opens in Myrtle Beach, SC

Store Here Self Storage announces the opening of Contain Yourself Storage in Myrtle Beach, SC. - May 11, 2020 - Store Here Self Storage

Empire Business Solutions is Pleased to Announce a New Business for Sale Orange County

Empire Business Solutions, a leading independent business brokers in Los Angeles, is pleased to announce another business for sale in Orange County, California. - May 11, 2020 - Empire Business Solutions

New Student Partner Facility SouthSide Storage Owner's David & Elizabeth Landoll

Scott Meyers of Kingdom Storage Holdings and Self Storage Investing would like to congratulate their Student Partners, David and Elizabeth Landoll. Solutions Architect David and his wife Elizabeth recently closed on their new Self Storage Facility, and have officially joined the ranks as Self... - May 09, 2020 - Self Storage Investing

Sale of Live Oak Mini Storage, Moncks Corner, South Carolina

Midcoast Properties, Inc. represents Seller in the Sale of Live Oak Mini Storage, Moncks Corner, South Carolina. - May 07, 2020 - Midcoast Properties, Inc.

Tricore Investment Group & Kingdom Storage Holdings Add to Investment Portfolio

"We are so excited to partner with TriCore Investment Group to see their Self-Storage Success. One step closer to Self-Storage World Domination.” - Scott Myers, owner of Kingdom Storage Holdings - May 02, 2020 - Self Storage Investing

J. Kris Knowles Joins Midcoast Properties, Inc.

Midcoast Properties, Inc. is pleased to announce J. Kris Knowles has joined their Team as a new Associate. - May 01, 2020 - Midcoast Properties, Inc.

Argus Broker Affiliates Announce Sale of Georgia Self Storage Facility

During this unprecedented economic season, General Storage in Northeast Valdosta, a 48,000 rentable square feet storage facility, sold April 8, 2020 at a cap rate of 5.6% based on prior year income and expenses. This South Georgia value-add facility was attractive to the out of state buyer as... - April 26, 2020 - Argus Self Storage Advisors

Stan Rutstein of RE/MAX Alliance Group Named #1 Commercial Agent

The Closers Club led by Ivan Gould and Erick Shumway & Associates Named Among Top Commercial Teams. - April 25, 2020 - RE/MAX Alliance Group

Midcoast Properties, Inc. Announces Hal H. Tanner III is Joining the Team

Midcoast Properties, Inc. is pleased to announce Hal H. Tanner III has joined their Team as an Associate in Sales. - April 23, 2020 - Midcoast Properties, Inc.

Sauls Storage Group, LLC Announces Purchase of Commercial Realty Services of West Georgia

Sauls Storage Group, LLC is pleased to announce the purchase of Commercial Realty Services of West Georgia. Commercial Realty Services of West Georgia was founded in 2006 by retired military armor officer Mike Patterson, CCIM and became the Georgia Affiliate of Argus Self Storage Advisors in 2012. - April 19, 2020 - Argus Self Storage Advisors

HSJ's New HQ Prepared for Post COVID-19 World

Technology consulting firm, H. Stephen Jones & Associates, Inc. (HSJ), is creating an office of the future where other businesses can come see first-hand the leading smart office and security technology solutions on the market. Before visitors even get through the lobby of HSJ’s new... - April 15, 2020 - H. Stephen Jones and Associates, Inc.

West Villages Realty's Commitment to Market Knowledge Has Never Been More Valuable

The award winning West Villages Realty is a unique boutique style real estate brokerage that prides itself on having a valuable focus on new construction real estate in the planned communities of West Villages, Florida. Given the current atmosphere with COVID-19 and its impact on the national and local economy this focused approach to a niche market is more valuable than ever to home buyers and sellers. - April 08, 2020 - West Villages Realty LLC

RT ECP Unveils Annual Market Update Highlighting Commercial Insurance Industry Trends, Challenges & Risk Management Solutions

RT Specialty, LLC’s Environmental and Construction Professional (RT ECP) Practice has released its annual Market Update highlighting the trends and challenges confronting the complex commercial insurance marketplace as well as the finer coverage nuances to help agents, brokers and their... - April 08, 2020 - R-T Specialty, LLC's Environmental & Construction Professional Practice

Argus Broker Affiliates Announce Sale of Mississippi Self Storage Facility

Argus Self Storage Advisors, Bill Barnhill, CCIM, and Stuart P. LaGroue, Sr., represented the seller of Storage Solutions of Terry located in Terry, MS. The property sold on March 19, 2020, to Terry Storage LLC, for $1,500,000. The facility consists of 45,550 rentable square feet with 283 regular... - April 08, 2020 - Argus Self Storage Advisors

Westplan Investors Announce Opening of Accent 2050 Apartment Homes in Atlanta, GA

Westplan Investors has opened Accent 2050, a Class-A Apartment Community in Atlanta, GA. Pegasus Residential has been selected as the management company for Accent 2050. Pegasus will manage day-to-day activities at the property including leasing, management and resident relationships. - April 07, 2020 - Pegasus Residential

Argus Broker Affiliates Announce Sale of Iowa Self Storage Facility

Tom Flannigan and Alex Ihrke of KW Commercial Minneapolis, broker affiliates of Argus Self Storage Advisors, listed and sold Wright Storage, a 19,420 square foot facility located in a northern suburb of Cedar Rapids, Iowa - April 07, 2020 - Argus Self Storage Advisors

Argus Broker Affiliate Announces Sale of Massachusetts Development Site

Joseph Mendola, Senior Real Estate Advisor at NAI Norwood Group, sold an 8-acre development site in Northampton, MA for $595,000 on March 27, 2020. - April 03, 2020 - Argus Self Storage Advisors

Smith's Mini Storage, Myrtle Beach, SC - Sold by Midcoast Properties, Inc.

Smith's Mini Storage, located in Myrtle Beach, SC, has been sold to an out-of-state buyer. - April 02, 2020 - Midcoast Properties, Inc.

The Private Client Group OC Explains Loan Strategies to Real Estate Investors; A Newport Beach Single Family Residence Case Study

Orange County residents are getting inundated with emails discussing low interest rate loan programs but it is not clear, what in fact, would be their monthly payment. Low interest rates increase buying power and this case study outlines a great investment opportunity using three different loan strategies. - April 01, 2020 - Qodeshart

Security Properties Acquires Westview Village in Renton, WA

On March 19, 2020, Security Properties, a national real estate investment, development, and operating company, and Tokyu Land US Corporation, a fully-integrated real estate investment and development firm, purchased Westview Village, a 120-unit, Class-B multifamily community located in Renton, WA... - March 31, 2020 - Security Properties

A J’s Self Storage, Toccoa, GA, Sold by Midcoast Properties, Inc.

A J’s Self Storage, located in Toccoa, Georgia, has been sold to a regional buyer. Dale C. Eisenman, CCIM, and Michael Morrison, of Midcoast Properties, Inc., represented the Seller and secured the Buyer. - March 26, 2020 - Midcoast Properties, Inc.

Cathy N. Robertson Achieves Certification in National Real Estate Network

Cathy N. Robertson of T.E. Johnson & Sons has been awarded the At Home with Diversity® certification from the National Association of REALTORS®. Robertson joins 20,000 other real estate professionals in North America who have earned the certification after completing an 8 hour course... - March 23, 2020 - T.E. Johnson & Sons

NuRealty Advisors Inc. Has Recently Brokered the Purchase & Sale for the Property Located at 84-86 Hamilton Avenue in Yonkers, NY

This is another testament to the experience and professionalism that is applied to a tough market by the principals of NuRealty Advisors Inc. - March 23, 2020 - NuRealty Advisors Inc.