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.
Outstanding Self Storage Property in Claremont, NC, Sold by Midcoast Properties, Inc.
Hal H. Tanner, III of Midcoast Properties, Inc. represented the seller in the sale of Claremont Self Storage in Claremont, NC. Hal is a leading self-storage broker for the firm, representing both buyers and sellers in the Southeast. - October 02, 2024 - Midcoast Properties, Inc.
Hoops Legend Lon Kruger Leads Game-Changing Team-Up: Real Estate Pros Join Coaches in Full-Court Press Against Cancer
Hall of Fame Coach Lon Kruger and KWSE member Mark Wiley announce a national partnership between Keller Williams Sports + Entertainment, American Cancer Society, and National Association of Basketball Coaches for Coaches vs Cancer. Kruger, a long-time supporter, calls it a "game-changer." The initiative includes kickoff events in 15 cities and a nationwide social media campaign to raise funds and awareness for cancer research and support programs. - September 30, 2024 - The Mark Wiley Group
RE/MAX Top Producer Hector Vidaurre Earns Lifetime Achievement Award
RE/MAX Team Leader Hector Vidaurre Earns Lifetime Achievement Award. Hector Vidaurre with RE/MAX Select Group, has been presented with the prestigious RE/MAX Lifetime Achievement Award, which honors highly successful agents who have completed at least seven years of service with the company and over $3,000,000 in Commissions. - September 30, 2024 - REMAX Select Group
Levin|Brown Architects Expands National Presence
Levin|Brown Architects Expands Presence with New Florida Office in Palm Beach Gardens. Leading Architectural Firm Broadens Service Area to Meet Growing Demand in Southeast Region. Main Office to Remain in Baltimore, Maryland. - September 25, 2024 - Levin Brown & Assoc
Parking Management Services of America (PMSA) Reports Year-Over-Year Growth and Raises 2025 Sales Guidance
Valet Parking Leader Sees Sustained Post-Pandemic Success. - September 12, 2024 - Parking Management Services of America
Trader Joe’s Opens New Location at Shayden Summit in Reno, NV
Rhino Investments Group is thrilled to announce the recent grand opening of Trader Joe’s at Shayden Summit, a premier shopping center in Reno, Nevada. The new store marks an exciting addition to the Shayden Summit community, offering residents and visitors alike access to Trader Joe’s unique selection of affordable, high-quality groceries. - September 11, 2024 - Rhino Investments Group
SolarCraft Powers Up Pine Ridge Vineyards with a New Solar Installation - Napa Valley Winery Teams Up with SolarCraft to Embrace Sustainability
SolarCraft, the leading solar energy provider in Napa, Sonoma, and Marin counties for over forty years, has successfully completed a 140 kW solar power installation at Pine Ridge Vineyard, situated in the prestigious Stag’s Leap district of Napa Valley. This project represents a significant milestone in Pine Ridge Vineyard's ongoing commitment to sustainability, as they embrace solar energy through SolarCraft's expertise, saving close to $46,000 thousand in annual utility bills. - September 06, 2024 - SolarCraft
The Changing Real Estate Market in 2025 and Beyond
Evan and Ashley Pedone, luxury and commercial real estate advisors, discuss the changing real estate market in Clearwater Beach, Tampa, and St. Petersburg, Florida. - September 05, 2024 - Evan and Ash Real Estate
Florida Argus Broker Affiliates Sell Self Storage Development Site in Arcadia
Coastal Storage Group, formerly Weaver Realty Group, is pleased to announce the sale of a self-storage development site in Arcadia, Florida. - August 24, 2024 - Argus Self Storage Advisors
Rhino Investments Group Acquires Marysville Town Center
Rhino Investments Group, a leading Commercial Real Estate Firm specializing in value-add investments, is pleased to announce the acquisition of Marysville Town Center, located at 105 Marysville Mall Way, Marysville, WA 98270. Marysville Town Center is a premier retail destination in the region,... - August 23, 2024 - Rhino Investments Group
Locust Park Capital Secures $20 Million in Equity for $75 Million Class A Multifamily Development
Locust Park Capital, a leading international commercial real estate capital advisory firm, announced today the successful placement of $20 million in joint venture (JV) equity capital for the development of a Class A multifamily project in Charlotte, North Carolina. The total project value is... - August 23, 2024 - Locust Park Capital, LLC
Argus Broker Team Sells Minnesota Self Storage Facility
Nathan Gottlieb, Alex Ihrke, Matt Haugen and Tom Flannigan of Argus Self Storage Advisors are pleased to announce the sale of Lucky 7 Storage located in Cambridge, Minnesota. - August 22, 2024 - Argus Self Storage Advisors
Argus Broker Team Sells Iowa Self Storage Portfolio
Tom Flannigan, Alex Ihrke, Nathan Gottlieb, and Matt Haugen of Argus Self Storage Advisors are pleased to announce the sale of Clark Storage with three locations in Shenandoah, Iowa. - August 22, 2024 - Argus Self Storage Advisors
Florida Argus Broker Affiliates Sell 63K NRSF Self Storage Facility on Vero Beach Airport Ground Lease
Josh Koerner and Frost Weaver, of Coastal Storage Group, previously Weaver Realty Group, are pleased to announce the sale of Aero Treasure Coast Storage located at 3000 Aviation Blvd. & 2625 Flight Safety Dr. in Vero Beach, FL. This well-established, 4.68-acre self-storage facility includes two... - August 22, 2024 - Argus Self Storage Advisors
Clean Heat Technologies Wins Empire State Energy Prize with CO2 Heat Pump Solution
Clean Heat Tech is looking for partners after it received a $250,000 prize, with another $750,000 after a demonstration in NY and up to $2 million total from NYSERDA and Wells Fargo. - August 12, 2024 - Clean Heat Technologies
Barnes Storage in Carrollton, GA Sold by Midcoast Properties, Inc.
J. Kris Knowles of Midcoast Properties, Inc. represented the seller in the sale of Barnes Storage, a four-property portfolio in Carrollton, GA. Kris is a self-storage associate for the firm, representing both buyers and sellers in Alabama and Georgia. - August 08, 2024 - Midcoast Properties, Inc.
AmeriLux International Named Master Distributor for Duxxbak Composite Decking
Duxxbak Composite Decking (Duxxbak) is proud to announce its partnership with AmeriLux International, a leader in the distribution of building materials. AmeriLux International will become the master distributor for Duxxbak Composite Decking products, effective August 1, 2024. This strategic... - August 06, 2024 - DuxxBak Composite Decking
Second Quarter (Q2) Results for Absolute Storage Management
Absolute Storage Management (Absolute), a leading third-party management company for self-storage facilities in the United States, announced operating results for the three months ended June 30, 2024. 2024 Highlights for Three Months Ended June 30, 2024: • Increased same-store revenue by 1.7%... - August 04, 2024 - Absolute Storage Management
The Finalists Have Been Selected for the Self Storage Hawai'i unConference Pitch Contest
The Self Storage Hawai'i unConference has announced the finalists for its New Technology and Business Breakthrough Pitch Contest. The four companies selected are Cactus, Building.inc, Hover City, and PropRise Beacon, each offering innovative solutions for the commercial property and self-storage industries. The finalists will pitch their ideas at the unConference in October, competing for recognition and industry exposure. - August 01, 2024 - The Self Storage Hawai'i unConference
Ironwood Connection Becomes Official Licensed Dealer of Ultralox® Interlocking Technology in Texas
Ironwood Connection, a premier provider of high-quality stair and railing products, announces its new status as an official licensed dealer of Ultralox® Interlocking Technology. This partnership expands Ironwood's product portfolio to include Ultralox's durable, easy-to-install aluminum railing, fencing, and framing systems, enhancing their offerings to general contractors, builders, remodelers, and discerning property owners. - July 31, 2024 - Ultralox (Division of AZEK Co)
The InnovaPanel© Pioneering Ecological Responsibility in the Building Industry
In today’s construction industry, pursuing sustainable & environmentally responsible practices has become paramount to success. One such solution gaining traction is the use of the InnovaPanel©, a revolutionary building material, in conjunction with the use of a magnesium cement insulated panels that are used to construct homes and commercial buildings instead of traditional masonry block & framing. The InnovaPanel approach prioritizes both performance & ecological responsibility. - July 31, 2024 - Innova Panel, LLC.
New Management for Local Self-Storage Facility in Southport, North Carolina
The newly developed Long Beach Self Storage facility, located at 4724 Long Beach Road, Southport, NC 28461, is now open and proudly offering professional self-storage management services through Absolute Storage Management (Absolute). This brand new facility offers 439 units, encompassing a total... - July 27, 2024 - Absolute Storage Management
All Season Storage Opens in Mobile, Alabama
All Season Storage is excited to announce the opening of its new facility at 9180 Jeff Hamilton Road, Mobile, AL 36695. This facility features 415 units, encompassing a total of 50,795 rentable square feet, offering both climate-controlled and non-climate-controlled storage options. These units... - July 27, 2024 - Absolute Storage Management
Argus Broker Affiliates Announce Sale of Nantucket Self Storage Facility
Joseph Mendola and Joseph Robinson of NAI Norwood Group, sold a fully approved 1.2-acre site on Nantucket, Massachusetts. - July 25, 2024 - Argus Self Storage Advisors
Frank Co is Awarded Contract for a New Brewery Coming to Carrollton, GA
120 Newnan St. in Carrollton is being revitalized into a state of the art brewery called Dream City. Frank Co GC has been awarded the job of reconstructing this building, updating the space, and adding a second floor rooftop deck above the structure. - July 24, 2024 - Frank Co
Commercial Leasing Firm Bowers Law, LLC Relaunches as Bowers Hill, LLC with the Addition of Partner Carrie Hill
Bowers Law, LLC announced today that Carrie Hill has joined the firm, which is relaunching as Bowers Hill, LLC. The boutique law firm, which represents landlords and tenants in commercial office, industrial, retail, and mixed-use projects, also advises owners, developers, investors, property... - July 22, 2024 - Bowers Hill LLC
Servpro Aids Colleton Medical Center in Restoring Services After A/C Outage
Colleton Medical Center temporarily shut down inpatient services due to a loss of air conditioning. The hospital quickly installed replacement units and worked with Servpro to dehumidify and sanitize the facility. By Thursday, most services were restored, and patients were returned. Elective surgeries will resume on Monday. The emergency department remained open throughout the disruption, with support from Colleton County Fire Rescue. - July 20, 2024 - Servpro of South and West Charleston
Force Installations Change of Ownership and Address
Force Installations announces new owner Jessica Colletta and change in business headquarters from PA to NJ. - July 20, 2024 - Force Installations
Rhino Investments Group Acquires Zecca Plaza in Gallup, NM
Rhino Investments Group, a leading commercial real estate investment firm, is pleased to announce the acquisition of Zecca Plaza, a premier retail property located in Gallup, New Mexico. This strategic purchase underscores Rhino Investments Group's commitment to expanding its portfolio with... - July 19, 2024 - Rhino Investments Group
Servpro of South and West Charleston Tackles Chiller Failure at Colleton County Medical Center
Servpro of South and West Charleston successfully restored Colleton County Medical Center (CMC) after a chiller failure caused high humidity and temperature throughout the facility. Within 48 hours, the team deployed 38 employees and necessary equipment to dehumidify and restore air quality, ensuring the hospital's vital services were resumed quickly. This demonstrates Servpro's expertise in disaster recovery and dedication to serving their community. - July 19, 2024 - Servpro of South and West Charleston
Sold – Storage on 101 in Greer, Sc
Michael Morrison of Midcoast Properties, Inc. represented the seller in the sale of Storage on 101 in Greer, SC. Michael is a leading self-storage broker for the firm, representing both buyers and sellers in the Southeast. - July 18, 2024 - Midcoast Properties, Inc.
Parkway International Capital Group Successfully Closes $7.3 Million Real Estate Construction Loan Deal in Bakersfield-Delano, California
Parkway International Capital Group (PIC-Group) has announced the successful closure of a significant real estate construction loan deal in Bakersfield-Delano California, valued at $7.3 million. The transaction, finalized on July 12, 2024, marks a pivotal moment for both PIC-Group and the borrower,... - July 17, 2024 - Parkway International Capital Group
Darcy L. Knapp-Fricks Named a Top Entrepreneur by P.O.W.E.R. (Professional Organization of Women of Excellence Recognized)
Darcy L. Knapp-Fricks of Mansfield, Texas, has been named a Top Entrepreneur by P.O.W.E.R (Professional Organization of Women of Excellence Recognized) for her outstanding contributions and great success in the fields of agriculture, real estate, investments, and self-storage. About Darcy L. - July 16, 2024 - P.O.W.E.R. Professional Organization of Women of Excellence Recognized
Groundbreaking Ceremony Marks the Kickoff of The Promenade at Town Center, a New Multi-Use Development at Palm Coast Town Center
Today, Persimmon Capital Partners proudly announces the official groundbreaking of The Promenade at Town Center, a dynamic project set to transform the Palm Coast Town Center at the corner of Bulldog Drive and Central Avenue. - July 15, 2024 - Persimmon Capital Partners
Rhino Investments Group Acquires Grants Pass Shopping Center
Rhino Investments Group, a leading Commercial Real Estate Firm specializing in value-add investments, is pleased to announce the acquisition of Grants Pass Shopping Center, located at 820-1160 NE D St., Grants Pass, OR 97526. - July 11, 2024 - Rhino Investments Group
Great American Self Storage of Lake Norman Announces New Property Manager
Great American Storage, an experienced developer and manager of Class-A Self-Storage, RV/Boat, and Garage Suites facilities in the U.S., is pleased to announce the appointment of Angelique Gentry as the new Property Manager for its Lake Norman self-storage facility, set to open in August. Gentry... - July 10, 2024 - Great American Storage
Rosario S. Cassata of the Cassata Foundation Proudly Supports the Northwell Health Foundation and Huntington Hospital on Long Island, NY
For over 8 years, Rosario and Carolyn Cassata of The Cassata Foundation have proudly supported the Northwell Health Foundation and Huntington Hospital on Long Island Their generous contributions have helped fulfill their mission of providing comprehensive care and survivorship services for cancer... - July 09, 2024 - The Cassata Foundation
Local Memphis Owners Announce Opening of Broad Ave. Self Storage
Memphis’ Broad Avenue District is set to benefit from professional self-storage management with the grand opening of Broad Ave Self Storage. Located at 2650 Broad Avenue, Memphis, TN 38112, this newly developed facility offers 370 units totaling 47,085 rentable square feet. It provides... - July 05, 2024 - Absolute Storage Management
Rhino Investments Group Announces Sale of Prime Retail Property in Madera, CA
Rhino Investments Group, a leading commercial real estate investment firm, is thrilled to announce the successful sale of a prime retail property located at 1105 Country Club Drive, Madera, CA. The property, a 3,000 square-foot single-tenant building leased to STIIIZY, a well-known cannabis retailer. - July 05, 2024 - Rhino Investments Group
Kimberly A. Wills Honored as a Professional of the Year for 2024 by Strathmore’s Who’s Who Worldwide
Kimberly A. Wills of Elbert, Colorado has been recognized as a Professional of the Year for 2024 by Strathmore’s Who’s Who Worldwide Edition for her outstanding contributions and achievements in the field of real estate. About Kimberly A. Wills Kimberly A. Wills is the managing broker... - July 04, 2024 - Strathmore Worldwide
Absolute Storage Management’s Best of Business Recognition and 22 Years of Excellence
Absolute Storage Management (Absolute) is honored to announce its third recognition as "Best of Business" by Inside Self Storage, being named the 2024 Best of Business for Operational Consulting. This prestigious accolade highlights Absolute's dedication to excellence and expertise in the... - July 04, 2024 - Absolute Storage Management
New Storage Facility Opening in Itasca, IL
LSC Development, LLC is excited to announce the grand opening of a new self-storage facility in Itasca, IL at 1220 Norwood Ave. serving the west suburbs of Chicago. The facility is strategically located just southwest of the I-390, and I-290 intersection with frontage to IL Route 53 where over... - July 03, 2024 - LSC Development, LLC
Vistula Management Company Appoints Selena Vives as Chief Operating Officer
The Vistula Management Company revamps their Executive Leadership team with the appointment of Selena Vives as the new COO, promotions within to include Kathleen Crowley's appointment as Vice President of Finance, and Tracey Franklin as Director of Housing. - June 25, 2024 - Vistula Management Company
New Self-Storage Facility Servicing Holly Springs, Georgia
Brand new development of Silo Self Storage is bringing independently-owned and professionally managed self-storage to the city of Holly Springs. The facility, located at 6225 Holly Springs Parkway Holly Springs, GA 30115, is comprised of 636 units totaling 75,075 rentable square feet and is happy... - June 12, 2024 - Absolute Storage Management
Clear Investment Group Transforms Distressed Multifamily Assets Into Renewed Living Spaces in DeKalb, IL
Clear Investment Group proudly announces the successful acquisition and transformation of distressed multifamily assets in DeKalb, IL. The restoration of the Terraces at DeKalb apartments marks the company's commitment to revitalizing communities and enhancing residential workforce... - June 12, 2024 - Clear Investment Group
Passive Storage Investing Celebrates Acquisition of Westerville, OH Project
Passive Storage Investing has acquired the Peoples Choice Storage Westerville project, a key addition to their portfolio. Located near Intel's new $20 billion factory, this facility promises investors a 19% targeted IRR and a 20% projected annual return. This acquisition aligns with their strategy to target high-growth markets. - June 11, 2024 - Self Storage Investing
Founded by Team of Local, Young Entrepreneurs, Mammoth Spray Foam Solutions Seeks to Disrupt The Insulation Service Industry in Southeastern PA & NJ
Mammoth Spray Foam Solutions, a pioneering contractor specializing in spray foam insulation, is pleased to announce its commitment to advancing the insulation industry through innovative, environmentally friendly solutions. Serving both residential and commercial customers in Southeastern... - June 08, 2024 - Mammoth Spray Foam Solutions
Premier Redevelopment Land with Limitless Potential Available at Heartland Park
A rare opportunity awaits those seeking prime real estate in the growing Topeka market. Heartland Motorsports Park, a premier motorsports facility with more than 621± acres and significant infrastructure, is now up for auction. Online bidding is open through July 17. This multi-tract auction offers flexible options to meet diverse business development needs and presents the unique potential to transform the acreage into a thriving industrial park. - June 08, 2024 - United Country Real Estate
Tahoe Network Infrastructure Fiber Expansion in Midwest
Tahoe Network Infrastructure, the parent company of E-Vergent, is excited to announce the expansion for the recent E-Rate win in Marion, Wisconsin, where E-Vergent will build fiber infrastructure for a local school, which exemplifies the tangible impact of this expansion. Through initiatives like... - June 03, 2024 - Tahoe Network Infrastructure
Sendero Cross Capital Begins Construction of Longhorn Steakhouse, Mesquite, Texas
Sendero Cross Capital, a Dallas-based commercial real estate company with more than 50 years of combined experience, will find, acquire, and provide build solutions for complex investment scenarios. Geoff Henrion, founding partner of Sendero Cross Capital, stated, “We are very pleased to... - June 03, 2024 - Sendero Cross Capital