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.
Page Field Center Takes Flight to Reinvigorate Colonial-to-College Corridor
March opening expected for aviation-inspired retail strip anchored by Nathan’s Famous. - January 29, 2016 - Page Field Center
JAS Construction Group, a Top of the Line, Commercial and Residential Construction Company, Has Just Joined the Service Channel Network
JAS Construction Group provides Residential and Commercial repairs ranging from handyman work to construction re-builds, additions and remodels. Not only do they offer Residential and Commercial work but they also provide Facilities Management for retail stores throughout the South East. Whatever... - January 28, 2016 - JAS Construction Group
Capital Title Closes Largest Residential Transaction in Dallas History with Sale of Tom Hicks Mansion
Last Friday, DFW-based Capital Title closed the sale on a 25-acre, 28,000-square-foot mansion that once belonged to Texas businessman Tom Hicks. Hicks is the former owner of the Texas Rangers and Dallas Stars. The sale of the Tom Hicks home by Capital Title marks the largest residential transaction... - January 27, 2016 - Capital Title
Free Self Storage Knowledge Available at BETCO’s Free One-Day Seminar
BETCO Inc. will host a one-day, free seminar on March 10, 2016 entitled “Developing a Successful Self Storage Business.” The seminar will be held from 8:30 a.m. to 2:30 p.m. at the Double Tree by Hilton Hotel Raleigh-Durham Airport at Research Triangle Park. - January 27, 2016 - Betco Inc.
EMS Awarded "36 Facility Energy Audit" in Jordan Funded by European Union (JEDCO)
Energy Management Services (EMS) has been awarded the Energy Audit for selected 36 facilities from more than 6 industries in Jordan by Jordan Enterprise Development Corporation (JEDCO), under the European Union. The objective of this project is to perform Detailed Energy Audit for (36) selected... - January 17, 2016 - EMS
LichtensteinRE Retained as Exclusive Broker to Sell Gut Rehabbed 6 Residential Unit Property in Yonkers, New York
LichtensteinRE has been retained on an exclusive basis to sell a multifamily apartment building located at 56 Groshon Avenue Yonkers, Westchester, New York. The asking price is $1,175,000 but offers at all prices are invited. The property, built in 1965, is a three story walk-up building... - January 15, 2016 - LichtensteinRE
OPTIMAR Announces Expansion with New Office in Manhattan, New York
In a strategic move to service the growing commercial, pre-construction and luxury real estate market area. - January 14, 2016 - OPTIMAR
Watchdog Real Estate Project Managers Hires Danielle Graham
Watchdog Real Estate Project Managers, a leading independent real estate project management and owner's representative firm, announced the hiring of Danielle Graham. - January 12, 2016 - Watchdog Real Estate Project Managers
The BSC Group Arranges $31M Refinance of Manhattan Self-Storage Facility
The BSC Group, LLC., a boutique self storage and commercial real estate financing advisor, recently structured and negotiated a $31 million financing secured by a self storage facility in Downtown Manhattan, NY for Keepers Self Storage. The historically well-occupied property features over 1,500... - January 05, 2016 - The BSC Group, LLC
ADASignsToday.com - a New Online Store for Same Day Shipping of ADA Compliant Signage
Same Day Shipping of ADA Compliant Signs from the ADA Signs Today Online Store - January 05, 2016 - ADA Sign Depot
Storage Choice to Begin Construction on 3 Self Storage Developements
Storage Choice announces 3 new projects in Dallas. - December 24, 2015 - Storage Choice
Global Trade of Softwood Lumber Increased in 2015, Though Prices Have Trended Downward in Key Markets
Both domestic and export prices of softwood lumber have fallen in the US, Europe and China during the 3Q/15, reports the Wood Resource Quarterly. Russian lumber exporters have had a good year with record-high export volumes, competitive export prices and 20% higher prices in Ruble terms. - December 23, 2015 - Wood Resources International LLC
Sawlog Prices Have Fallen Faster in Europe Than in the Rest of the World for the Past 18 Months, with the ESPI Price Index Reaching a Five Year Low, Reports WRQ
The European Sawlog Price Index (ESPI) has declined by almost seven percent in 18 months and in the 3Q/15, was at its lowest level in five years, according to the Wood Resource Quarterly. Since early 2014, sawlog prices in Europe have fallen faster than in most other lumber-producing countries around the world. - December 23, 2015 - Wood Resources International LLC
Cambridge Pavingstones® Named Exclusive Master Distributor of i-lighting™ LED Landscape & Hardscape Lighting Systems
i-lighting™ Landscape & Hardscape Lighting Now Available from More Than 250 Cambridge Authorized Dealers Located in 15 States - December 16, 2015 - iLighting
Jeff Slivka of New Day Underwriting Managers Explores Environmental & Pollution Professional Liability at IRMI Construction Risk Conference
Leading Industry Expert Discusses Latest Construction Insurance Trends at 35th Annual Event Attended by More Than 1,500 Risk Management Professionals. - December 15, 2015 - R-T Specialty, LLC's Environmental & Construction Professional Practice
Chicago Baptist Institute - a Historical Landmark in Bronzeville /Washington Park for Sale for $15 Million
Ebonie Caldwell, of Ebonie Caldwell Realty Portfolio - A Real Estate Development and Marketing Company, was commissioned to sale of the Chicago Baptist Institute - a historic landmark building at 5120 S. King Drive, Chicago, IL 60615, located across the street from the pending location of the Obama Presidential Library in Washington Park for $15 million. - December 08, 2015 - Ebonie Caldwell Realty Portfolio Luxury
Feel @Home Realty Supports the End of Classifying Realtors as Independent Contractors
Federal and State Governments have cracked down systematically on businesses that classify employees as independent contractors. On July 15, 2015, the Department of Labor (DOL) issued a far-reaching interpretive memorandum expressing the DOL’s belief that “most workers [classified as... - December 08, 2015 - Feel At Home Realty
Kent Properties Real Estate Group Acquires 4,600 SF Downtown Building in Traverse City
Kent Properties, LLC, a division of SunFrog Shirts, is pleased to announce the recent purchase of 4,600 SF office and restaurant building at 127 S Union Street in Traverse City. Dan Stiebel of Coldwell Banker Schmidt and Jennifer Paffi of Kent Properties/Smith Realty Group handled the transaction... - December 08, 2015 - SunFrogShirts.com
Longtown Self Storage, Columbia, SC, Sold
Longtown Self Storage, a 60,250 net rentable square foot self-storage facility located in Columbia, SC, has commanded a sales price of over $67 per RSF. Multiple offers were received for this professionally managed facility which features 9 buildings and 449 units on 5 + acres. Dale C. Eisenman,... - December 08, 2015 - Midcoast Properties, Inc.
Leading Home Staging Authority Caps 2015 on a High Note with Three New Awards and a National Speaking Engagement
Joan Inglis, a Master Accredited Staging Professional®, was recently recognized by North Carolina Home Builders Association for Best Model Home Merchandising. Joan also was recognized by Lake Norman Home Builders Association for Best Residential Interior Staging. She will be speaking in January in Las Vegas at the International Builders Show put on by the National Association of Home Builders. She will be presenting to hundreds of home builders on the topic of model homes. - December 07, 2015 - Carolina Spaces, LLC
Altoma Real Estate Advisors LLC Announces Closing (2) CRE Loans for $6,000,000 & $5,700,000 in September & November 2015
Altoma, a CRE mortgage and capital markets intermediary based in California, successfully placed and closed a $6,000,000 loan on a Class B medical office complex in the Phoenix, AZ MSA on September 3rd, 2015. On November 3rd, 2015, Altoma also placed and closed a $5,700,000 loan for a Class B- shadow anchored retail shopping center in Selma, CA (Fresno, CA SMSA). - November 17, 2015 - Altoma Real Estate Advisors, Inc.
Commercial Investors in South Florida Find it Favorable to Purchase Single-Tenant, Triple-Net Leased Properties
Many investors find it favorable to purchase single-tenant, triple-net-leased properties. Under the terms of a triple-net lease, the tenant pays for maintenance, insurance and taxes. Investors in single-tenant properties seek consistent returns and income generated by buildings with long-term,... - November 17, 2015 - Venegas International Group
Infrastructure Repair Systems Introduces Trenchless 90° Elbow Spot Repair System
New Liner Repair Solution Seals Joints, Cracks & Missing Sections to Ensure Smooth, Unobstructed Curves without Bunching or Wrinkling in the Elbow - November 10, 2015 - IRSI
JDavis, a Design Firm Based in Raleigh, NC, Names Larry Zucchino, FASLA to CEO and Neil Gray, AIA to President
JDavis, a 65-person architecture, planning, landscape architecture and interior design firm, headquartered in Raleigh, NC, has named Larry Zucchino, FASLA, Chief Executive Officer and Neil Gray, AIA, President. Jeff Davis, AIA is transitioning his role as President and CEO by handing over the... - November 07, 2015 - JDavis
This Boston Private Equity Firm is Raising a New $100M Fund
Fenway Capital Partners LLC, a Boston-based private equity firm that invests in real estate and restaurants, is in the process of raising a new $100 million fund, according to regulatory filings. Private equity real estate has experienced a surge of capital over the past decade, as institutional... - November 04, 2015 - Fenway Capital Partners LLC
The Storage Shed, Brunswick, GA, Sold
The Storage Shed in Brunswick, GA, was purchased by a private investor in late October for $2,050,000. Dale C. Eisenman, CCIM of Midcoast Properties, Inc. a leading self storage broker in the Southeast had the listing to market the property. The facility is situated on 2.86 +/- acres, and is... - November 04, 2015 - Midcoast Properties, Inc.
Chicago-Based BSC Group Voted Best Finance Company by Inside Self-Storage for Five Years Running
The BSC Group, a leading commercial real estate financing advisor and self-storage specialist, has announced that they have been voted winner of the 2015 "Best of Business - Finance" award by the readers of Inside Self-Storage Magazine. This marks the 5th consecutive year The BSC Group... - October 29, 2015 - The BSC Group, LLC
Staged and Ready, LLC Owner Earns Industry's Highest Designation and Shares Tips for Finding a Professional Home Stager
Staging Professional receives industry's highest Accreditation. - October 27, 2015 - Staged and Ready, LLC
Top Cooking School, B&B in Le Marche, Italy Announces It’s for Sale...Live the Dream in Italy with Your Own Cooking School and Farm
This successful business is a turn-key opportunity, ranked #3 of 1309 on TripAdvisor, included in USA Today "Bucket List Cooking Classes from Around the Globe." - October 22, 2015 - La Tavola Marche
New Day Underwriting Managers Named to Inc. 5000 for Second Consecutive Year
2015 Ranking Places Leading Specialty Intermediary Among America’s Fastest-growing Privately-held Companies. - October 20, 2015 - R-T Specialty, LLC's Environmental & Construction Professional Practice
Self-Storage Financial Advisor The BSC Group Welcomes Senior Credit Analyst
The BSC Group LLC, a commercial real estate mortgage brokerage and advisory firm specializing in the self-storage asset class, has hired Adam Karnes as a senior credit analyst to join the company’s Chicago headquarters. Adam will be responsible for assessing and preparing debt and equity... - October 17, 2015 - The BSC Group, LLC
Softwood Lumber Prices Continued to Fall in Many Markets Around the World in the 2q/15 Because of Weaker Demand for Wood Products
Despite reduced demand for lumber in the US, Europe and Asia, lumber production and trade volumes were relatively high during the first half of 2015, reports the Wood Resource Quarterly. The supply/demand imbalance resulted in downward price pressure in key markets during the 2Q/15. - October 16, 2015 - Wood Resources International LLC
Joseph Nawa Promoted to Senior Consultant at New Day Underwriting Managers
Joseph Nawa has been promoted to Senior Consultant in the Construction Division of New Day Underwriting Managers LLC, an environmental and construction-related professional liability resource for insurance agents and brokers. He is responsible for assisting New Day clients within the construction,... - October 15, 2015 - R-T Specialty, LLC's Environmental & Construction Professional Practice
Two Self Storage Properties in Marion, S.C. Recently Sold
White’s Mini Storage, a 84,985 net rentable square foot self-storage facility, and Francis Marion Plaza Storage, a 42,000 net rentable square foot self-storage facility, both located in Marion, South Carolina, were sold in early October and commanded a combined sales price of $1,960,000. The... - October 14, 2015 - Midcoast Properties, Inc.
SCIenergy Delivers 25% Energy Reduction to a New York City Commercial Building at No Cost to the Owner
$3.6 million project for 125 Maiden Lane will increase value and resiliency of NY office-condominium building. - October 13, 2015 - SCIenergy, Inc.
PackageLog™ by Logware® Releases Highly Requested “On-Hold” Feature for Inbound Package Recipients
Inbound Package Logging Software for Apartments and Businesses PackageLog™ Adds New Hold Feature, Allowing Clients the Ability to Enhance Their Package Management Customer Service - October 06, 2015 - Logware
The Chicago Bar Shop, Commercial and Residential Bar Design Showroom, Will be Opening October 15th, 2015
The 2,500 square foot bar shop and showroom located in the heart of Chicago’s Lincoln Park is built with the mission of providing every person a unique bar experience. Opening on October 15th at 921 West Armitage Avenue, it could quickly become Chicago’s most respected and recommended hospitality resource center. Catering to custom commercial and residential bar & hospitality related needs, Chicago Bar Shop (CBS) will be a one-of-a-kind bar designing & building one-stop-shopping experience. - October 06, 2015 - Chicago Bar Shop
Work Has Begun for Hoar Construction on Luxury Residential Project in Dallas
Hoar Construction begins work on two-tower Ascent apartment high-rises in Dallas’ Victory Park. The 302-unit apartment towers will be the first partnership for Hoar Construction and developer, Greystar Real Estate Partners, LLC. - October 02, 2015 - Hoar Construction LLC
New Climate Controlled Storage Facility in Sutton, MA
After months of planning and going through the motions of the approval process, NAI Norwood Group has successfully assisted Sutton Outlook Ventures, LLC in gaining the planning board’s approval for a new climate controlled storage facility in Sutton, MA. The new facility is approved to be... - September 30, 2015 - NAI Norwood Group
2,200 RV’s Evicted from Orange County Storage. RV Owners Left with Few Storage Options. Eucalyptus at Beaumont Storage Condominium Owners Find Storage Oasis.
The nation's largest RV storage facility closed to make way for development in the Orange County Great Park. RV owners finding few storage options in high priced Orange County. - September 30, 2015 - Eucalyptus at Beaumont
TaskitPro Releases New Job and Task Management Feature Package
RACI Change Manager announces a new feature package for its TaskitPro software and mobile application. - September 29, 2015 - Taskitpro
Callida Energy Selected to Present at SXSW Eco in Startup Showcase Competition
Callida Energy, commercial building energy optimization solution provider, was selected as a finalist in the Energy category of SXSW Eco’s entrepreneurial pitch competition, the Startup Showcase, taking place on October 5-7, 2015 at the Austin Convention Center in Austin, TX. The Startup... - September 28, 2015 - Callida Energy
Brazilian Sawlog Prices Have Declined 40% Since 2011, and in the 2Q/15 Hit Their Lowest Levels in Ten Years
Sawmills in Brazil have become much more competitive in the export market the past few years because of substantially lower sawlog costs. In the 2Q/15, average log prices were down to their lowest levels in ten years, reports the Wood Resource Quarterly. This downward trend may rebound later in 2015 as the export market for lumber is likely to improve. - September 26, 2015 - Wood Resources International LLC
EMLab P&K Helps Mold Testing Specialists in New York and Maryland Through Patent-Pending Lab Report
Mold testing specialists in New York and Maryland gain enhanced insights for their mold inspections through MoldRANGE Local Climate reports. Mold lab report provides better insights for outdoor mold spore levels based on the project’s zip code. - September 23, 2015 - EMLab P&K IAQ Laboratory
Self Storage in Spartanburg, SC, Recently Sold
Add-A-Space Self Storage, located in Spartanburg, SC, was sold in September to National Buyer, and commanded a sales price of over $60 per RSF. Dale C. Eisenman, CCIM of Midcoast Properties, Inc. a leading self storage broker in the Southeast represented the seller and had the listing to market... - September 23, 2015 - Midcoast Properties, Inc.
Joseph Nawa of New Day Underwriting Managers to Address Environmental & Professional Liability Trends at CFMA Meeting
Joseph Nawa of New Day Underwriting Managers LLC, an environmental and construction-related professional liability resource for insurance agents and brokers, has been selected to address The Valley of the Sun Chapter of Construction Financial Management Association (CFMA) on the latest... - September 21, 2015 - R-T Specialty, LLC's Environmental & Construction Professional Practice
WHCI Plumbing Supply Announces Deal to Acquire USAVE Distribution Operations
Alliance between two of the Bay Area’s longest-tenured plumbing suppliers will help WHCI better address the accelerating demand for service, tools and fixtures. - September 18, 2015 - WHCI Plumbing Supply
Linda Martinez and Zak Show Close Sale on Anaheim Resort District Property
Linda Martinez and Zak Show of Realty One Group represent seller of mixed-use property in Anaheim Resort District - closes escrow in just 2 weeks. - August 27, 2015 - Realty ONE Group / Linda Martinez
Self Storage in Fletcher, N.C., Recently Sold
Hoopers Creek Storage, a 20,550 net rentable square foot self-storage facility located in Fletcher, North Carolina, was sold in August and commanded a sales price of $1,295,000. Dale C. Eisenman, CCIM of Midcoast Properties, Inc. a leading self storage broker in the Southeast, had the listing to market the property. - August 26, 2015 - Midcoast Properties, Inc.
The Multifamily Industry Recognizes the Best Places to Work
The Multifamily Leadership Summit has announced the list for the first annual "Best Places to Work in Multifamily" program. The 2015 Best Places to Work in Multifamily program recognizes companies that have established and consistently fostered outstanding workplace environments. The... - August 26, 2015 - LegendaryTeams.com