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.
Argus Broker Affiliate Announces Sale of Oklahoma Self Storage Portfolio
Jared Jones, CCIM of Argus Self Storage Advisors and Jones Investment Real Estate, is pleased to announce the sale of the Fortress Self Storage portfolio. - May 25, 2023 - Argus Self Storage Advisors
Florida Argus Broker Affiliates Announce Q1 Self Storage Development Site Sales
Weaver Realty Group is pleased to announce the sale of five Florida self-storage development sites in the first quarter of 2023. The development sites ranged between 2 to 3.5 acres of land, fully entitled for self-storage with site plan approvals. - May 24, 2023 - Argus Self Storage Advisors
Everline Coatings and Services Introduces Highly Durable Traffic and Line Marking to the Austin, TX Metropolitan-Area
TBL Durables being brought to you by Everline Coatings and Services - Austin is the new industry standard for highly durable and environmentally friendly line and traffic marking. TBL Durables is more cost effect to deploy, easier to apply, longer lasting less waste and more durable than Thermoplastic options. - May 23, 2023 - Everline Coatings and Services - Austin
New Storage Facility Opening in Ravenswood, Chicago, IL
LSC Development, LLC, has completed the conversion of the former plumbing supply building located at 4701 N Ravenswood Ave. in Chicago, IL, into a self-storage facility. The conversion consisted of adding a partial 3rd story to an existing 2-story building. The facility is located in... - May 22, 2023 - LSC Development, LLC
SVN Safe Haven Advisors Negotiates Successful Sale of Paradise Point Marina and RV Park
SVN Safe Haven Advisors is pleased to announce it has advised the owner of Paradise Point Marina and RV Park on the sale of its marina, restaurant and RV Park located on Lay Lake in Columbiana, AL. The acquirer of the property is the Paradise Point Marine Group, LLC, which brings years of... - May 22, 2023 - SVN Safe Haven Advisors
Artisan Outdoor and Solena Landscape Co. Merge to Expand Outdoor Design, Landscape Construction, and Maintenance Services in Orange County, CA
Artisan Outdoor and Solena Landscape Co., two leading outdoor design and landscape construction companies, are pleased to announce their merger, effective November 1, 2022. The new company will operate under the name Artisan Outdoor. The merger combines the strengths and expertise of both... - May 19, 2023 - Artisan Outdoor
Stefania Ruggieri Named Account Manager at RT Specialty
Stefania Ruggieri has been named an account manager at RT Specialty’s Environmental and Construction Professional Practice (RT ECP). She is responsible for supporting the underwriting and day-to-day servicing of the organization’s book of business as well as assisting in the development... - May 17, 2023 - R-T Specialty, LLC's Environmental & Construction Professional Practice
Entrepreneur Brian Mazza Establishes Strategic Partnership with SABRE
To add vast experience and knowledge of key categories, SABRE is excited to announce the strategic partnership with entrepreneur Brian Mazza as Director of Brand Partnerships. With a world class background in fitness, wellness, restaurants, hospitality, and fashion, Brian brings deep knowledge and... - May 16, 2023 - SABRE
Menlo Group Co-Founder Releases New Book to Help Childcare Center Owners
"Childcare Center Success: How to Maximize Profits and Minimize Mistakes" by Grafton Milne, SIOR, CCIM, provides tips for starting and running a successful childcare center and is now available on Amazon. - May 12, 2023 - Menlo Group Commercial Real Estate
Rising Interest Rates and Multifamily Real Estate: an In-Depth Conversation on The Capital Playbook Podcast
Join The Capital Playbook Podcast on May 11, 2023, 11:00 AM CST as host Charles Williams and guest Tyler Bynum discuss the impact of rising interest rates on the multifamily real estate market. They'll address the gap between buyer and seller expectations, factors affecting net operating income, and potential rental rate trends. Gain valuable insights to navigate the evolving market. - May 11, 2023 - Pioneer Realty Capital
BHHS Preferred Realtor Group Opens New Lakeview Office
Berkshire Hathaway Home Services Preferred Realtor Group, a leading real estate brokerage firm, is pleased to announce the opening of their new office in Lakeview at 606 Harrison Avenue, New Orleans, LA 70124. With four NOLA area offices in Uptown, Northshore, Hammond, and now Lakeview, as well... - May 10, 2023 - Berkshire Hathaway HomeServices Preferred Realtors
G&H Construction Group Brings Expert Construction Services to Rockport, Texas, and the Surrounding Coastal Bend
G&H Construction Group, a reputable provider of residential and commercial construction services, is proud to announce their services are now available in Rockport, Texas, and the surrounding coastal bend. With over two decades of experience, the company has established a reputation for exceptional quality workmanship and outstanding customer service. - May 05, 2023 - G&H Construction Group, LLC
First Quarter (Q1) 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 March 31, 2023. 2023 Highlights for Three Months Ended March 31, 2023: - Increased same-store revenue by... - May 05, 2023 - Absolute Storage Management
WGI Experts Discuss Engineering in Commercial Real Estate on The Capital Playbook Podcast
On this episode of The Capital Playbook, Charles Williams speaks with Marcia Alvarado and Mike Oler from WGI about engineering in commercial real estate. With their nationwide leadership in technology-based solutions for public infrastructure construction and real estate development, WGI's expertise and services are unmatched. Listen in to gain valuable insights into the industry and learn from the experts. - May 04, 2023 - Pioneer Realty Capital
New Management for Local Self Storage Facility in Jane, Missouri
Local acquisition of Jane Self Storage is bringing professional self-storage management to the city of Jane. The facility is located at 41 Missouri Lane, Jane, MO 64856. This facility is comprised of 277 units totaling 60,955 rentable square feet, providing safe and secure climate-controlled,... - April 28, 2023 - Absolute Storage Management
New Management for Local Self Storage Facility in Aiken, South Carolina
Local acquisition of Absolute Storage is bringing professional self-storage management to the city of Aiken. The facility is located at 1504 Silver Bluff Road, Aiken, SC 29803. This facility is comprised of 349 units totaling 46,775 rentable square feet, providing safe and secure climate-controlled... - April 28, 2023 - Absolute Storage Management
Discover Your Path to Financial Freedom with Kennedale Oaks Investment Opportunity; Capital Playbook Podcast Show Episode 44 Premieres Today
Don't miss out on this insightful episode, "Join Our Investment Opportunity at Kennedale Oaks and Experience Financial Freedom," premiering today at 11:00 AM CST on YouTube and everywhere else podcasts are available. - April 27, 2023 - Pioneer Realty Capital
Quattro Development Buys Commercial Site in Goodyear, AZ
Quattro Development buys a 1.61 acre commercial site in Goodyear, AZ and fully leases the available 14,598 sf to tenant Guidepost Montessori. - April 27, 2023 - Quattro Development
Quattro Development Sells Multi-Tenant Development in Statesville, NC
Quattro Development sells a 1.45 acre site with a new 7,512 sf building sold for $4.6 million in Statesville, NC. - April 26, 2023 - Quattro Development
Boxer Property Announces Lease Deals Totaling Nearly 65K SF
Boxer Property is pleased to announce four new lease deals totaling around 65,000 square feet, negotiated by Boxer Property’s Senior Broker, Trey Miller. The transactions range between 12,000 SF and 21,000 SF and are all within the Houston area. 1415 North Loop West The Houston Eye... - April 24, 2023 - Boxer Property Management
Argus Broker Affiliates Announce Sale of Alabama Self Storage Facility
Argus Self Storage Advisors Stuart P. LaGroue, Sr., and Bill Barnhill, CCIM, represented the sellers of Class A Storage located in Elberta, AL. - April 19, 2023 - Argus Self Storage Advisors
Zachary Wich Named Southeastern Outside Sales Manager at Nova USA Wood Products
Zachary Wich has been named the Outside Sales Manager for the Southeastern United States by Nova USA Wood Products, Inc., a leading supplier of high-quality hardwood products and accessories. He is responsible for advancing the client relations and new business efforts of both Nova USA and its... - April 18, 2023 - Nova USA
FOUNDRY Tech CEO Pens Revealing CRE White Paper | Get Out of Salesforce Prison
FOUNDRY CEO Rick Peltz has written a CRM white paper intended to benefit the entire commercial real estate industry. Titled “Tired of Being a Salesforce Prisoner?” the white paper is now available on the FOUNDRY website. It explains the two types of web-based CRE solutions available,... - April 15, 2023 - FOUNDRY
The Benefits of ERC Tax Credits = FREE MONEY for Small Businesses. Watch The Capital Playbook Podcast Show Episode 42 Premiere.
Do you like free money? Watch this week's episode featuring "Employee Retention Credit," with our guests Terry Bleistein and Jason Pratt. The ERC is a fully refundable tax credit available to businesses that were impacted by COVID-19. The total ERC benefit per employee can be up to $26,000. - April 13, 2023 - Pioneer Realty Capital
The Continuum by Hoi Hup Will be Launching Soon
Hoi Hup Realty is thrilled to announce the upcoming launch of The Continuum Condo, a new residential project located within the heart of East Coast Park in Singapore. Developed by Hoi Hup Realty Pte. Ltd. and Sunway Developments Pte. Ltd., The Continuum Condo offers a modern and luxurious living experience in a prime location. - April 13, 2023 - The Continuum
Vacatia to Manage Three Sanibel Island Resorts
Change in Management Companies Comes at Critical Time for Storm-Damaged Resorts. - April 12, 2023 - Vacatia Partner Services
Sold – Heartland Drive Self Storage – Kernersville, NC
Michael Morrison of Midcoast Properties, Inc. represented the seller in the sale of Heartland Drive Self Storage in Kernersville, NC. Michael is a leading self-storage broker for the firm, representing both buyers and sellers in the Southeast. The facility was sold to a regional buyer. Heartland... - April 06, 2023 - Midcoast Properties, Inc.
Mark A. Cline and Lisbeth Cline Picked Up a New Listing
Mark A. Cline and Lisbeth Cline of Cline Realtor Group, just picked up a new listing. Their hope is to help someone find their dream house. - April 05, 2023 - Cline Realtor Group
Seven Vacatia Associates Named as ARDA Awards Finalists
National Association Recognizes Timeshare Industry’s Best - March 30, 2023 - Vacatia Partner Services
Chesdin Storage in Petersburg, VA – Sold by Virtual Realty Partners, Inc. and Out of State Cooperating Broker Midcoast Properties, Inc.
Listing broker Virtual Realty Partners and out of state cooperating broker Michael Morrison of Midcoast Properties, Inc. represented the seller in the sale of Chesdin Storage in Petersburg, VA. The facility was sold to a Publicly Traded REIT. Chesdin Storage, located in Petersburg, VA, is a 40,600... - March 30, 2023 - Midcoast Properties, Inc.
Sold – Eclipse Storage, Evans, GA
Michael Morrison of Midcoast Properties, Inc. represented the buyer in the sale of Eclipse Storage in Evans, GA. Michael is a leading self-storage broker for the firm, representing both buyers and sellers in the Southeast. The facility was purchased by a regional buyer. This facility, located at... - March 28, 2023 - Midcoast Properties, Inc.
Sold – Greenleaf Self Storage, Seneca, SC
Michael Morrison of Midcoast Properties, Inc. represented the seller in the sale of Greenleaf Self Storage in Seneca, SC. Michael is a leading self-storage broker for the firm, representing both buyers and sellers in the Southeast. The facility was sold to a regional buyer. Greenleaf Self Storage... - March 28, 2023 - Midcoast Properties, Inc.
George Smith Partners Secures $37,716,000 in Bridge Financing for a 78-Unit Multifamily Property in Hancock Park, Los Angeles
George Smith Partners, a leading commercial real estate capital markets advisor, today announced the closing of $37.7 million in bridge financing for the refinance of a 78-unit multifamily property located in the Hancock Park neighborhood of Los Angeles. “We are thrilled to have successfully... - March 27, 2023 - George Smith Partners
Watch Reducing the Carbon Footprint in Commercial Real Estate
The Capital Playbook, a leading podcast show covering business and finance, is proud to announce the premiere of Episode 39 titled "Reducing the Carbon Footprint in Commercial Real Estate." The episode will be available on YouTube and all major podcast platforms starting March 23, 2023, at 11:00 AM CST. - March 23, 2023 - Pioneer Realty Capital
Absolute Storage Management is Expanding Management Services to Western States
Absolute Storage Management (Absolute) is excited to announce the expansion of its management services into two new states in the first quarter of 2023: Arizona and Colorado. Entry into Arizona and Colorado officially marks Absolute’s presence in the western region of the United... - March 23, 2023 - Absolute Storage Management
Emerald Creek Capital Opportunity Fund Closes 57,000 SF Industrial Acquisition in Fort Worth, TX
The Emerald Creek Capital Opportunity Fund (ECCOF) has announced closing an industrial acquisition in Fort Worth, TX in an off-market, sale-leaseback transaction this March. The subject property consists of two warehouses with 57,000 square feet of combined leasable area, featuring 31 loading... - March 22, 2023 - Emerald Creek Capital
Argus Broker Affiliates Announce Sale of Iowa Self Storage Facility
Tom Flannigan, Alex Ihrke and Matt Haugen of Area Commercial Real Estate Services are pleased to announce the sale of a third-party managed CubeSmart Self Storage located in Des Moines, Iowa. - March 22, 2023 - Argus Self Storage Advisors
ResClub Expands in Costa Rica, Again
Membership Vacation Home Investment Company with its ResClub Resorts Brand lands with "Luxury Lightly" hospitality model in Ocotal, Costa Rica. - March 21, 2023 - ResClub
Republic Investment Group LLC. Signs Over 12K Sq. Ft. New Lease at Plano Tower
Boxer Property is excited to announce the multi-year lease with Republic Investment Group, for 12,972 square feet at Plano Tower negotiated by Boxer Leasing Representative, Jessica Early. Republic Investment Group is regarding as a leading real estate investment firms that focuses on the property... - March 21, 2023 - Boxer Property Management
Emerald Creek Capital Lends $60.5 Million on New Condo Development in Long Island City
Emerald Creek Capital has provided a $60.5 million bridge loan in the Long Island City neighborhood of Queens, NY. The loan is secured by 84 condominium units totaling 71,519 square feet, primarily penthouses or located on the upper floors of a newly constructed 67-story tower. The building is the tallest skyscraper in Long Island City and offers amenities such as a fitness center, indoor swimming pool, and business center. - March 19, 2023 - Emerald Creek Capital
Regions Bank Acquisition of Sabal Capital Opens Up Hotel and Multifamily Financing Nationwide
The Capital Playbook Podcast Show is thrilled to announce the premiere of its latest episode, "Regions Bank Acquisition of Sabal Capital Opens Up Hotel and Multifamily Financing Nationwide," on Thursday, March 16, 2023, at 11:00 AM CST. This episode features special guest Austin Barrett, who joins the show to share some exciting news with the nationwide lending community. - March 16, 2023 - Pioneer Realty Capital
Nova USA Wood Products Officially Debuts Rhino Wood at IBS 2023
High-Density, Low-Maintenance & Durable Alternative to Hardwoods Like Ipe Captures the Attention of Thousands of IBS Attendees - March 16, 2023 - Nova USA
Basis Industrial Completes Another Multi-Tenanted Industrial Acquisition in South Florida
Rapidly growing real estate owner and operator picks up another 100,000 square feet of well-located, multi-tenant industrial and retail space in Deerfield Beach. - March 15, 2023 - Basis Industrial
Marriott Commits Over $5 Million to DC Central Kitchen, Expanding Its Iconic Culinary Job Training Program
Marriott International and The J. Willard and Alice S. Marriott Foundation have committed $5.125 million to DC Central Kitchen (dccentralkitchen.org), the iconic Washington, DC-based community kitchen, as part of the nonprofit’s Bringing the Kitchen Home comprehensive campaign. - March 14, 2023 - DC Central Kitchen
The Gorden Companies Announces Sale of Foothill Mini Storage in Boulder City, NV
Jeff Gorden of The Gorden Companies has arranged the sale of Foothill Mini Storage in Boulder City, Nevada. The self-storage facility sold February 22, 2023 for $2,900,000. The property spans 1.2 acres and provides 218 spaces of self-storage. Jeff Gorden represented the Seller. Jeff Gorden shared... - March 11, 2023 - The Gorden Group
Using Credit Unions to Finance Commercial Real Estate Episode 37 Capital Playbook
The Capital Playbook Podcast Show is excited to announce the premiere of their latest episode, "Using Credit Unions to Finance Commercial Real Estate," featuring special guest Luke Smith, AVP/Commercial Loan Officer at CU Business Group. The show premiered on Thursday, March 9, 2023, at... - March 10, 2023 - Pioneer Realty Capital
Quattro Development Buys Car Wash Site in Bradenton, FL
The 1.69 acre site with an 4,400 sf building sold is leased to Mammoth Car Wash. - March 08, 2023 - Quattro Development
Modern Defense Announces Merger with Aegis Investigators
Modern Defense, a leading provider of security and risk management services, announced today that it has completed its merger with Aegis Investigators, a specialized investigations firm. Under the terms of the agreement, Aegis Investigators will become part of Modern Defense, which will continue to... - March 06, 2023 - Modern Defense
RiskFootprint Launches New Tool for Flood Damage Assessments
RiskFootprint, a leading provider of resilience risk assessment solutions, has announced the launch of its new tool for estimating flood damage losses based on Hazus methodology, the Max Flood Damage/Loss Percentage. RiskFootprint’s new tool uses Hazus data and algorithms to calculate the... - March 03, 2023 - RiskFootprint
The Berg Group Announces Partnership with DIRTT Environmental Solutions in Northern California
The Berg Group Expands Into DIRTT Construction Partner Network to Include Northern California Commercial Construction Industry, Extending Reach of Adaptable Industrialized Construction. Specialty Contractor Brings Over Five Decades of Experience and Success with an Integrated Solutions Focus on Traditional and Advanced Prefabricated Construction Methods. - March 02, 2023 - The Berg Group