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.
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
Former Top VP of Growth Joins Epique Realty’s Board of Directors Ahead of National Expansion
Sam Rodriguez joins Epique Realty, a disruptive tech-based brokerage, to spearhead their National Expansion. - March 01, 2023 - Epique Realty
American Development Partners® Announces Massive National Development Program for Orthagenex®
The deal includes $1.5 Billion in real estate investment and the opening of more than 400 treatment centers across the nation over the next seven years. - March 01, 2023 - ADP
The Capital Playbook Podcast, with Over 250,000 Views on YouTube, Welcomes Dewey Nguyen from Carlton Fields to Discuss Agency Loans from a Lender's Perspective
Supercharge Your Commercial Real Estate Business. Charles Williams, CEO and Founder of Pioneer Realty Capital shares over 20 years of experience in the commercial real estate industry to teach you how to win in commercial real estate. They are committed to educating and informing you about how to identify good real estate opportunities, the major role of capital markets, and delivering you the most up to date commercial real estate news, advice, and insight. - February 28, 2023 - Pioneer Realty Capital
Kingdom Storage Partners Reaches a Milestone of 4,000,000 Square Feet and 25,000 Units
Kingdom Storage Partners just eclipsed the 25,000 unit and 4,000,000 square foot mark with the completion of its most recent ground up, new development, self-storage facility in Weeki Wachee, Florida. This is another one of its unmanned, totally climate-controlled facilities, highlighting the new... - February 28, 2023 - Self Storage Investing
LiquidSpace Publishes Second Issue of The Hybrid Workplace Index, Providing Data-Driven Insights Into Employee Flexible Office Use, Preference and Spend
LiquidSpace, the global on-demand office marketplace and hybrid workplace management platform, has released its second report on aggregated, anonymized and analyzed flexible office transactions made through its marketplace. Surfacing insights into the behaviors of individuals and companies who have embraced workplace flexibility and choice. - February 28, 2023 - LiquidSpace
New Management for Local Self-Storage Facility in Pflugerville, Texas
Local acquisition of My Attic Storage is bringing a new brand and professional self-storage management to the city of Pflugerville. The facility is located at 1602 West Pecan Street Pflugerville, TX 78660 was rebranded to My Place Self Storage. This facility is comprised of 547 units totaling... - February 25, 2023 - Absolute Storage Management
New Management for Local Self-Storage Facility in Ponchatoula, Louisiana
Local acquisition of Bedico Storage Annex is bringing professional self-storage management to the city of Ponchatoula. The facility is located at 27455 Louisiana 22 Ponchatoula, LA 70454. This facility is comprised of 259 units totaling 44,590 rentable square feet, providing safe and secure... - February 25, 2023 - Absolute Storage Management
New Management for Local Self-Storage Facility in Dahlonega, Georgia
Local acquisition of Lumpkin 400 Storage is bringing professional self-storage management to the city of Dahlonega. The facility is located at 210 Ethan Allen Drive Dahlonega, GA. This facility is comprised of 573 units totaling 88,396 rentable square feet, providing safe and secure... - February 25, 2023 - Absolute Storage Management
Indian Springs Calistoga Switches to Solar with SolarCraft - Historic Napa Valley Spa Now Powered with Solar Energy
Novato- and Sonoma-based SolarCraft recently completed the installation of a 140 kW solar electric power installation at the historic Indian Springs Calistoga Spa. Located in northern Napa Valley, Indian Springs will benefit from an estimated $50,000 in annual electricity savings while powering its... - February 24, 2023 - SolarCraft
Local Law Firm Offers Foreclosure Assistance
Saunders & Associates, APC is proud to announce its new foreclosure assistance program. The firm’s experienced attorneys are dedicated to helping homeowners facing foreclosure by providing legal advice and representation. The attorneys at Saunders & Associates, APC understand the... - February 22, 2023 - Saunder & Associates, APC
New Atlantic Announces New Director of Business Development
New Atlantic is pleased to announce that Mark Caudill has joined their team as Director of Business Development. He has more than 30 years of experience in developing and managing client relationships. Mark is a graduate of North Carolina State University and holds a degree in Industrial... - February 20, 2023 - New Atlantic Contracting, Inc.
Quattro Development Converts Brewery to a School - Sells Site for $7.7 Million
Quattro Development announced today the recent sale of a commercial development in Purcellville, VA. The 1.23 acre property is located at 130 E Main Street. The entire 7,679 square foot building is leased to Guidepost Montessori, the leading network of schools dedicated to Montessori... - February 20, 2023 - Quattro Development
Scottsdale Camelback Resort Awarded the RCI Gold Crown Resort® Property Designation Based on Guest Feedback
Resort honored for excellence in accommodations, hospitality and RCI subscribing member experience. - February 17, 2023 - Vacatia Partner Services
AAI Environmental Corp. Conducts Phase 1 Environmental Reports Per New ASTM Standard E-1527-21, as EPA Published Final Rule Adopting the Standard Practice as of 2/13/23
As of February 13, 2013, the EPA now allows for the use of the new ASTM Standard E-1527-21 to satisfy the requirements for conducting all appropriate inquiries under CERCLA. The previous standard ASTM E-1527-13 is no longer the standard that should be used to satisfy the AAI requirements. AAI Environmental Corporation conducts Phase I Environmental reports that adhere to the new standard. - February 13, 2023 - AAI Environmental Corp.
LaFayette Storage Solutions in LaFayette, GA – Sold by Midcoast Properties, Inc.
Michael Morrison of Midcoast Properties, Inc. represented the seller in the sale of LaFayette Storage Solutions in LaFayette, GA. Michael is a leading self-storage broker for the firm, representing both buyers and sellers in the Southeast. The facility was sold to an out-of-state buyer. These... - February 09, 2023 - Midcoast Properties, Inc.
Mayuri Rastogi Named Account Manager at RT Specialty
Mayuri Rastogi has joined RT Specialty’s Environmental and Construction Professional Practice (RT ECP) as an account manager. 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 and... - February 07, 2023 - R-T Specialty, LLC's Environmental & Construction Professional Practice
New Class A Storage Facility in Woodside, NY
LSC Development, LLC completed the construction of a 90,136 net-rentable square feet facility at 62-05 30th Ave., Woodside, NY. Located on the North East Side of Queens, near LaGuardia Airport and Adjacent to the Brooklyn Queens Expressway (BQE) and 30th Ave. The location has convenient access and... - February 06, 2023 - LSC Development, LLC
Quattro Development Sells Lynwood, WA Redevelopment Site
Quattro Development announced today the recent sale of a commercial development in Lynwood, WA. The 1.1 acre property is located at 5421 196th St SW. The entire 11,204 square foot building is leased to Guidepost Montessori, the leading network of schools dedicated to Montessori education. The... - February 05, 2023 - Quattro Development
Nova USA Wood Products Named Exclusive U.S. Provider of Rhino Wood
Nova USA Wood Products, Inc., a leading supplier of high-quality wood products and accessories, has been named the exclusive provider of Rhino Wood in North America. Rhino Wood is a modified timber produced through a patented two-stage process that uses thermal modification and pressure to... - January 30, 2023 - Nova USA
Brittan Dadon Becomes Partner in Stahl, Davies, Sewell, Chavarria & Friend Law Firm
Stahl, Davies, Sewell, Chavarria & Friend is pleased to announce that Brittany Dadon has become a partner in the Firm. She specializes in real estate, regulatory, and permitting aspects of utility scale wind, solar, and battery storage projects in Texas. During her time at the Firm, Brittany has worked on numerous wind, solar, battery storage, and natural gas energy projects at various stages: greenfield, acquisition, and repowering projects—totaling over 8 gigawatts of generation capacity. - January 27, 2023 - Stahl, Davies, Sewell, Chavarria & Friend
Eastdale Village Welcomes Fine-Dining Asian Restaurant, Tomo Asian Fusion
Award-Winning Orange County Restaurant to Open This Spring at Eastdale Village in Poughkeepsie, NY - January 27, 2023 - Eastdale Village Town Center
New Management for Local Self Storage Facility in Brunswick, Georgia
Local acquisition of Brunswick Space Place Self Storage is bringing professional self-storage management to the city of Brunswick. The facility located at 4275 Highway 17 Brunswick, GA 31525. This facility is comprised of 449 units totaling 47,100 rentable square feet, providing safe and secure... - January 27, 2023 - Absolute Storage Management
New Management for Local Self Storage Facility in Midway, Georgia
Local acquisition of Midway Climate Controlled Storage is bringing professional self-storage management to the city of Midway. The facility located at 239 Isle of Wight Road, Midway, GA 31320. This facility is comprised of 328 units totaling 42,650 rentable square feet, providing safe and secure... - January 27, 2023 - Absolute Storage Management
Ageless Dental® Signs Deals for $2.25 Billion in Property Developments Over 10 Years
Dental Firm Launches Plans for Nationwide Rollout of 750 Clinics. Ageless Dental has signed agreements with American Development Partners®, developers of single-tenant rental properties, for the construction and leasing of up to 750 dental facilities over the next 10 years for $2.25... - January 23, 2023 - ADP
Nova USA Wood Products to Showcase Full Line of Real Wood Solutions at IBS 2023
New Introductions Include Rhino Wood: a High-Density, Low-Maintenance & Durable Alternative to Hardwoods Like Ipe. - January 23, 2023 - Nova USA
Argus Broker Affiliate Sells Indiana Self Storage Development Site
Rob Schick of Argus Self Storage Advisors, represented the seller in the sale of a self-storage development site in Muncie, IN. - January 23, 2023 - Argus Self Storage Advisors
Private Lender Gelt Financial Closes $4.3MM NNN Property Portfolio
Gelt Financial is pleased to announce that they recently closed a $4.3MM First Mortgage on a NNN Portfolio in Chattanooga, TN, Macon, GA and Danville, IL. This portfolio included a CVS Pharmacy, Mavis Tires and Brakes, and an AFC Urgent Care. The buyer was utilizing a 1031 exchange, using proceeds... - January 21, 2023 - Gelt Financial
The Tech Boom in Markham is Going to Create Some Interesting Real Estate Investment Opportunities
Markham is quickly becoming the epicenter of the tech industry, with major tech giants such as IBM, Oracle, Lenovo, Apple, and Huawei setting up shop in the city. This influx of high-tech businesses has led to an economic boom and has created significant opportunities for real estate investment in... - January 21, 2023 - Your Markham Realty
Innovation Corridor Set to Change the Face of Mansfield and the South of DFW Region
The Mansfield Innovation Community will feature 240,000 square feet of office, retail, and mixed-use development. - January 20, 2023 - Admiral Legacy
Argus Broker Affiliate Announces Sale of Idaho Self Storage Facility
Ryan Layton of AREA Commercial Real Estate is pleased to announce the sale of Pleasant View Self Storage in Post Falls, Idaho. - January 19, 2023 - Argus Self Storage Advisors
HomeSmart Opens a New Office in Chicago’s Lakeview Neighborhood
HomeSmart is expanding into the City of Chicago. This is HomeSmart Connect's 2nd Chicago location - this space is in the Lakeview neighborhood. HomeSmart currently has 5 suburban locations and 2 in Chicago Proper - Edison Park & Lakeview. HomeSmart has plans for a 3rd Chicago location in West Town - coming February 2023 - January 16, 2023 - HomeSmart
Sold – Downtown Storage in Inman, SC
Michael Morrison of Midcoast Properties, Inc. represented the seller in the sale of Downtown Storage in Inman, SC. Michael is a leading self-storage broker for the firm, representing both buyers and sellers in the Southeast. The facility was sold to an in-state buyer. This facility, located at 4... - January 12, 2023 - Midcoast Properties, Inc.
Vacatia to Manage Dolphin Run Condos in Virginia Beach
Vacatia Inc. has been awarded the management contract for Dolphin Run, a 15-story luxury condominium located in Virginia Beach. In addition to managing the 110-unit wholly owned condo association, Vacatia will provide rental and revenue management services to all owners participating in the rental... - January 11, 2023 - Vacatia Partner Services