What exactly does it mean to have a mortgage on commercial property? The financing of commercial assets such as warehouses, offices, or even income-producing property may be accomplished with the assistance of a commercial real property loan, which is a kind of mortgage that can be obtained by people in addition to companies. There is […]
360 Rosemary United States has just celebrated the occupancy of its second head office with the unveiling of a new sign at 360 Rosemary, the Related Cos.‘ recently completed office tower in West Palm Beach, Florida. NewDay’s move to a 53,300 square foot space at 360 Rosemary is just the start of a planned expansion […]
Echelon Television Center. Image courtesy of BARDAS Investment Group and Bain Capital Real Estate Coming soon to Hollywood is a $600 million redevelopment of the aging facilities of the former TV Center into a modern 620,000 square foot urban studio campus featuring creative offices, studio grounds and four large sound stages. This production is brought […]
A New York-based commercial truck salesman and a Massachusetts-based real estate investor paid $14 million and $15.2 million, respectively, for industrial properties in Enfield in separate sales recorded in early September. 1 Depot Hill Road Google Maps 1 Depot Hill Road, Enfield. Gabrielli Enfield LLC, an entity related to New York-based Gabrielli Truck Sales, paid […]
Jeff Stotland, executive vice president of Global Studios at Hudson Pacific Properties. Image courtesy of Hudson Pacific It’s no secret that the pandemic has accelerated our online media and entertainment consumption, but the rise of streaming services was well underway before 2019. As one of the major entertainment hubs of the planet, California has seen […]
210, boul. of the University A joint venture between Corum Real Estate Group and Koch Real Estate Investments completed its $67.7 million acquisition of 210 University, a nine-story, 140,000 square foot office and retail building located at 210 University Blvd. in Denver, Colorado. A JLL The Capital Markets team marketed the property on behalf of […]
Image by Michael Schwarzenberger via Pixabay.com A proposed $762 million, 1.6 million square foot “medical and innovation campus” in Maricopa, Arizona will eventually include a specialty hospital, several other health care facilities, a hotel and hundreds of housing units, the Phoenix Business Journal reported. The 30-acre site sits on the southeast corner of State Route […]
505 Eighth Ave. Four tenants have signed leases at 505 Eighth Ave. in Midtown Manhattan, totaling 12,450 square feet of office space. GFP Real Estate Senior Managing Director Allen Gurevich represented his company, the owner, in the transactions. Greystone & Co. renewed its lease of 7,400 square feet on the third floor for an additional […]
Luxury apartment building, 525 Olive in Bankers Hill. Courtesy of Greystar Developers and city officials on Thursday celebrated the opening of 525 Olive, a $100.2 million luxury apartment building with panoramic views of Balboa Park, downtown and the bay. At 20 stories in its elevated Bankers Hill location, the complex is San Diego’s tallest residential […]
Rowen website. Image courtesy of The Rowen Foundation Nearly 2,000-acre ‘knowledge community’ and research facility that will cost billions of dollars to build by the end of the century and could create up to 100,000 jobs is beginning to take shape in Gwinnett County , in the Atlanta, Georgia metro area. Rowen will include offices, […]
He said capital values could return to where they were 12 months ago, depending on when properties were last appraised, but rent growth would be stronger. “We continue to be active buyers for the primary reason that we believe in the rental growth story. We have seen rental growth across our portfolio and our new […]
MERRILLVILLE — For Ron McColly, there’s no better time than now for local development. Speaking at Thursday’s groundbreaking of the 180-acre Liberty Estates project, McColly, the chairman of McColly Real Estate, cited two reasons for optimism. “Liberty Estates has a bright future,” McColly said, citing its proximity to I-65, US 30 and several medical campuses. […]
Bellevue North Plaza, Photo credit: Wallace Properties Commercial real estate company, Wallace Properties, is planning a new project at what is currently Place Bellevue North. The site is located at 1100 Bellevue Way Northeast with restaurants like Panera and Dominos Pizza, as well as stores like UPS and J. Lewis Jewelers. The company recently submitted […]
Le 3190 F.-X.-Tessier is a 67,162 square foot Class A industrial property fully leased to Amylior, a leader in the design, development and manufacture of high-end motorized wheelchairs, mobility systems and more. seating and positioning and accessories. The Montreal company has been in operation since 1997 and its products are distributed internationally. The production and […]
Miami, Florida – Lawn Guys Mia offers installation services for various types of artificial turf through its professionally trained staff in Miami. The Company’s artificial grass types include nylon, polyethylene, polypropylene and pile length, among others. Their installation services apply to small and large residential, commercial and sports projects. Residential services operate within customer schedules […]
Dwight Angelini from Longpoint and 16161 Raymer Street (Longpoint, Google Maps) Longpoint Realty Partners struck the most expensive industrial deal of the year, paying $80 million for a four-building complex in Van Nuys. The Boston-based investment firm has spent $80 million on properties at 16161 Raymer Street totaling 85,000 square feet plus about four acres […]
SINGAPORE (BUSINESS TIMES) – Rents and prices for Singapore’s industrial properties continued to rise in the first quarter of 2022, although overall occupancy rates declined, according to JTC’s quarterly market report released Thursday (April 28). Prices for industrial space rose 2.1% quarter-on-quarter and 5.6% year-on-year in the first quarter, while rents rose 1% quarter-on-quarter and […]
Currently occupied by Yun Feng Foods, the large retail unit in Southwick Square was originally built for FW Woolworth. Flude Property Consultants (FPC) was commissioned to market the long lease and soon received several offers. He has now finalized the sale to a real estate investment company. Register to our daily newsletter SussexWorld Today The […]
Fischer Homes, a Northern Kentucky-based homebuilder, announced it would build 60 Masterpiece homes in the Memorial Pointe residential community being developed on a hilltop property in Southgate, the site of the former Beverly Hills Supper Club. Fischer Homes: The Marshall Western Craftsman, one of the Masterpiece Collection homes. (Pictures provided) Fischer Homes, one of the […]
A growing number of pool builder scams are popping up from coast to coast. This comes after a recent increase in swimming pool construction over the past two years. More and more consumers are complaining about poorly managed pool installation projects. A list of builders under investigation continues to grow day by day. Pool builders […]
NASHVILLE, Tenn., April 7, 2022 /PRNewswire/ — Mission Rock Residential, LLCa denvermulti-family property management company, is pleased to announce its new management contract for the Kirkwood Place Apartments in Clarksville, TN. The company was awarded the management contract by Hamilton Zanze Real Estate Investments, further expanding their Tennessee presence. Kirkwood Place Apartments offers 264 apartments […]
FORT WASHINGTON, Pa.–(BUSINESS WIRE)–With inflation, rising energy costs, supply chain disruptions and the continued fallout of the pandemic putting financial pressures on commercial property owners, Incenter Tax Solutions urges them find new ways to maximize savings, including reviewing their property tax assessments. “As real estate values continually rise and fall with market conditions, these valuations […]
Under Newport law, people can operate short-term rentals in residential areas if they receive a special use permit from the Newport Zoning Board of Review. On Wednesday evening, however, the city council voted unanimously to ban such properties in residential areas. The proposed changes will also require short-term rental hosts to obtain a special use […]
Today at the Baltimore Department of Urban Planning’s Urban Design and Architecture Advisory Committee (UDAAP), 28 Walker and its development partners, K. Hovnanian Homes and Greystar, presented a master plan for 814 accommodations in Port Covington. The development will replace Locke Insulators’ former 25-acre property at 2525 Insulator Dr. The Locke Insulator Company built its […]
Weston Inc., a Cleveland-based property owner and developer, continues to acquire properties in the Midlands. Weston, with nearly 7 million square feet in its SC portfolio of 45 properties, has acquired a vacant 182,160 square foot industrial building at 3240 Brittain Drive in Newberry. Last February, Weston acquired three vacant properties in the large Columbia […]
Etkin Johnson Real Estate Partners LLC in Denver continued its 32 year history in Colorado real estate with the sale of its Axis 25 property to Loveland. Stag Industrial Holdings LLC purchased the layout from Axis 25 Building LLC on September 24 for $ 42.5 million, according to Larimer County real estate records. Axis 25 […]