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.
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
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
Argus Self Storage Advisors Welcomes New Broker Affiliate for the State of Michigan
Argus Self Storage Advisors is pleased to welcome Kevin Friedman as its Broker Affiliate representative for the state of Michigan. Kevin is the owner and principal broker of Hayes Ventures LLC in Bloomfield Hills, MI and has been transacting in the self storage sector exclusively for over a decade. - June 02, 2024 - Argus Self Storage Advisors
Revolutionizing Real Estate Management: Introducing Performance InSite™ by Geospatial Analytics, Inc.®
Introducing the newest product offering by Geospatial Analytics, Inc. - May 29, 2024 - Geospatial Analytics®, Inc.
Argus Broker Affiliate Announces Sale of Arizona Boat and RV Self Storage Facility
Jeff Gorden of Keller Williams Commercial has arranged the sale of Lakeside Boat & RV Storage in Lake Havasu City, AZ. - May 22, 2024 - Argus Self Storage Advisors
Uncaged Capital Funded a $45.5 Million Non-Recourse Factoring Transaction
Uncaged Capital funded a $45.5 million non-recourse factoring transaction to a tech company which sells hardware and software to major media companies around the world. This tech company required a rapid infusion of capital to meet its cash needs through the end of the third quarter of 2024. - May 20, 2024 - Uncaged Capital LLC
The Gorden Companies Announces Sale of Lakeside Boat & RV Storage in Lake Havasu City, AZ
Jeff Gorden of The Gorden Companies/Keller Williams East Valley has arranged the sale of Lakeside Boat & RV Storage in Lake Havasu City, Arizona. The self-storage facility sold May 15, 2024 for $5,300,000. The property spans 2.83 acres, 64,040 rentable sf and provides 128 spaces of self-storage. - May 18, 2024 - The Gorden Group
Real Estate Investor Nels Moxness Leads Efforts to Provide Homes for Social Groups
Real estate investor Nels Moxness is dedicated to addressing housing challenges for vulnerable groups. Leveraging his expertise, he renovates properties to provide secure homes. With a belief that everyone deserves shelter, his initiative fosters support for those facing adversity. He emphasizes the need for more investment in purpose-built properties, advocating for policy changes. Moxness's collaboration with charities has made a significant impact, creating safe communities. - May 16, 2024 - Nels Moxness
Sale of St. Marys Self Storage, St. Marys, Georgia
Midcoast Properties, Inc. announces the recent sale of St. Marys Self Storage, located at 328 Douglas Dr. and 401 Marianna Dr. in St. Marys, Georgia. Michael Morrison, Broker with Midcoast Properties, assisted both the seller and the buyer in a Transaction Broker role. The facility was sold to a... - May 16, 2024 - Midcoast Properties, Inc.
The Gorden Companies Announces Sale of Sedona Self Storage in Sedona
Jeff Gorden of Keller Williams Commercial has arranged the sale of Sedona Self Storage in Sedona, AZ. The self-storage facility sold May 7, 2024 for $1,150,000. The property spans 9,062 in existing RSF and provides 93 existing spaces of self-storage. Jeff Gorden represented the Seller of the... - May 12, 2024 - The Gorden Group
Revolutionizing Construction Technology with Robotic Imaging (Now Available on IOS and Android)
Robotic Imaging's application is changing the way architects, engineers, construction teams, owners and developers exchange data. Integrating with existing technology is their focus and how these growing trends continue to grow in unison with the 3D data economy. - May 10, 2024 - Robotic Imaging
Argus Broker Affiliate Announces Sale of Arizona Self Storage Facility
Jeff Gorden of Keller Williams Commercial has arranged the sale of Sedona Self Storage in Sedona, AZ. The self-storage facility sold May 7, 2024 for $1,150,000. - May 10, 2024 - Argus Self Storage Advisors
BMA Architecture, LLC Acquires Whitneybell Perry, LLC
WPI and BMA Architecture are thrilled to share exciting news that will shape the future of our architecture firm. Through a strategic acquisition, BMA Architecture has acquired Whitneybell Perry Inc. - May 09, 2024 - BMA Architecture
Florida Argus Broker Affiliates Sell Self Storage Development Site
Coastal Storage Group, formerly Weaver Realty Group, is pleased to announce the sale of another self-storage development site in Sarasota, Florida. - May 09, 2024 - Argus Self Storage Advisors
Waterfront Properties: a Lucrative Investment Opportunity in Isla Aguada, Mexico
Waterfront Properties Continue to Command Premium Prices Worldwide - May 06, 2024 - Global Property Service Group
Sena Hospitality Design Wins American Resort Development Association Award
The Penthouses at Grand Seas Resort by Exploria Resorts Provide Elevated Experience - April 29, 2024 - Sena Hospitality Design
Florida Argus Broker Affiliates Announce Sale of Self Storage Development Site
Coastal Storage Group, formerly Weaver Realty Group, is pleased to announce the recent sale of a self-storage development site within the Tampa area MSA. - April 25, 2024 - Argus Self Storage Advisors
EMERG-NC Property Rescuers Celebrates Landmark Achievement: 200th Google Review and 4.9-Star Rating
EMERG-NC Property Rescuers is delighted to announce a significant milestone in its journey of excellence – the reception of its 200th Google review, accompanied by an outstanding 4.9-star rating. This achievement underscores the company's unwavering dedication to providing top-tier property... - April 19, 2024 - EMERG-NC Property Rescuers
Toy Storage Nation Slides Into St. Louis for RV & Boat Storage Workshop, June 7
RV and boat storage developers, investors, owners and operators are invited to advance their industry knowledge and accelerate opportunities for entrepreneurial success by attending Toy Storage Nation’s Executive RV and Boat Storage Workshop, June 7, in St. Louis. As an added bonus, all... - April 12, 2024 - Toy Storage Nation
Lucid Private Offices Expands Its Presence in Arizona with a New Location in Scottsdale
Flexible Workspace Provider, Lucid Private Offices, Expands to 28 locations with its 2nd in Arizona. - April 11, 2024 - Lucid Private Offices
Concord Servicing Asks Resorts to Take the Blackwell Challenge
Have you ever wondered if your resort could be collecting a higher percentage of accounts payable? Now there’s no reason for uncertainty. “We welcome the opportunity to match the collections results achieved by our Blackwell Recovery subsidiary against your current collections’... - April 10, 2024 - Concord Servicing
Argus Broker Affiliates Announce Sale of Two Minnesota Self Storage Facilities
Matt Haugen, Alex Ihrke, Nathan Gottlieb, and Tom Flannigan of Argus Self Storage Advisors are pleased to announce the sale of New Ulm Storage with two locations in New Ulm, Minnesota. - April 07, 2024 - Argus Self Storage Advisors
Concord Servicing to Highlight Enhanced Capabilities at ARDA Convention
ARDA Attendees Urged to Meet with Concord in Las Vegas April 14-17 - March 28, 2024 - Concord Servicing
Argus Broker Affiliate Sells Missouri Self Storage Facility
Larry Goldman, CCIM is pleased to announce the sale of Liberty Bend Self Storage located in Liberty, Missouri. The facility is an established 482 Unit, 60,050 SF facility, in northeast corner of the Kansas City Metro - March 28, 2024 - Argus Self Storage Advisors