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.
Six Months After Launch, Crown MedRealty Partners Sees Exponential Growth; Just Hitting Its Stride Into Fourth Quarter
Six months since the inception of Crown MedRealty Partners and the launch of the newly branded healthcare real estate investment firm, managing partners Stephen Bessenbacher and Brian Beggs say they are just starting to hit their stride, despite exponential growth throughout the second and third quarters of 2021. - November 03, 2021 - Crown MedRealty Partners
Brookwood Capital Advisors Selling Sixth Largest Mall in Nebraska Up for Auction
Sixth largest mall in Nebraska up for auction through RI Marketplace November 15-17. The center will be sold online and the auction company is encouraging local bids. The property currently makes over $1.25M a year after expenses. - November 02, 2021 - Brookwood Capital Advisors
American Storage in Ellijay, GA, Sold
Midcoast Properties Inc. is pleased to announce the recent sale of American Storage, located at 167 Hefner St., Ellijay, GA. Midcoast Properties represented the Seller, with Dale C. Eisenman, CCIM, as lead broker. The facility was sold to an out of state buyer. American Storage, situated on 7.56... - November 01, 2021 - Midcoast Properties, Inc.
New Management for Local Self-Storage Facility in Spring Hill, Tennessee
Local acquisition of Store It Spring Hill is bringing professional self-storage management to the city of Spring Hill. BC North Partners, Entity - Beechcroft Storage LLC, of Store It Spring Hill purchased this facility for an undisclosed price. Store It Spring Hill provides 24-hour access to inside... - October 31, 2021 - Absolute Storage Management
Jeff Gorden of The Gorden Group Arranges the Sale of Arizona Commercial Land
Jeff Gorden of KW Commercial has arranged the sale of nearly five acres of Commercial Land in Glendale, Arizona. The site sold October 19, 2021. - October 24, 2021 - Argus Self Storage Advisors
Adams Property Group Brings Grand Oaks Retail to Life
New and Convenient Shopping Center in West Ashley is Open for Business - October 23, 2021 - Adams Property Group
Chris Higgins Joins Telgian Fire Safety as Vice President, Customer Service
Telgian Fire Safety recently announced the addition of Chris Higgins as Vice President, Customer Service. In this position, Higgins will be responsible for the management of all aspects of the company’s customer support department, as well as for developing new strategies and initiatives to... - October 23, 2021 - Telgian
Jenna Koch Named Account Administrator at RT Environmental & Construction Professional
Jenna Koch has joined the Environmental and Construction Professional (ECP) Practice of RT Specialty as an account administrator. She is responsible for helping the team’s senior executives manage the account and policy servicing activities performed on behalf of the company’s national... - October 21, 2021 - R-T Specialty, LLC's Environmental & Construction Professional Practice
CubeSmart (Managed) Self Storage in Lexington, SC, Sold by Midcoast Properties, Inc.
CubeSmart (managed) Self Storage in Lexington, SC, has been sold. Dale C. Eisenman, CCIM, of Midcoast Properties, Inc., a leading self storage brokerage firm in the Southeast, represented the seller. The facility was sold to an out of state buyer. The 55,545 +/- SF facility, located at 1120 Old... - October 21, 2021 - Midcoast Properties, Inc.
David Pacifici of Berkley Construction Professional to Discuss Progressive Design-Build – the Solution for Unbalanced Risk Transfer? at IRMI Construction Risk Conference
David Pacifici, a senior vice president at Berkley Construction Professional, a Berkley Company, will answer the question, is “Progressive Design-Build–the Solution to Unbalanced Risk Transfer?” at the IRMI Construction Risk Conference to be held at the Hilton San Diego Bayfront... - October 19, 2021 - Berkley Alliance Managers
Stephanie Rajzbaum Joins Durante Rentals as VP of Operations
Durante Rentals, a leader in the construction equipment rental industry, is pleased to announce that Stephanie Rajzbaum has joined the management team as Vice President of Operations. Stephanie brings over a decade of operational expertise in the equipment rental industry from one of the leading... - October 18, 2021 - Durante Rentals
Donna Roberts and Christine Paul Open Your Real Estate Co.
Christine Karales Paul of Saco and Donna Roberts of Biddeford Maine are proud to announce the opening Your Real Estate Co. They are approaching their 11th year of business together. Donna Roberts has been in the Real Estate industry for 35 years. Christine started in mortgages in 2004, license in real estate in 2010. - October 16, 2021 - Your Real Estate Co.
Pangea Mortgage Capital Closes Condominium Construction Loan in Sarasota, FL
Pangea Mortgage Capital recently closed a $36mm loan for the construction of the DeMarcay condominium tower in Sarasota, Florida. - October 15, 2021 - Pangea Properties
Commercial Real Estate Financing Advisor, The BSC Group, Welcomes Senior Vice President Drew Sikula
The BSC Group LLC, a commercial real estate mortgage brokerage and advisory firm with an emphasis on the self-storage asset class, has hired Drew Sikula as a senior vice president to join the company’s Chicago headquarters. - October 15, 2021 - The BSC Group, LLC
LichtensteinRE.com Has Sold a Development Site with Approved Plans for $950,000 in the Bronx
The property was sold by Andrew Lichtenstein with approved architectural plans to convert an existing 2.5 story, 2-unit residential building to a 4 story 8-unit building. - October 15, 2021 - LichtensteinRE
Nova USA Wood Products Adds South Pacific Redwood to Exotic Hardwood Decking Line
Nova USA Wood Products, Inc., a leading supplier of high-quality hardwood products and accessories, has added South Pacific Redwood, also known as Manilkara, to its exotic hardwood decking line. Known for its strength, durability and lustrous dark brown or reddish-brown color tones, Manilkara is... - October 15, 2021 - Nova USA
1st Inspection Services Adds Georgia Franchisee
1st Inspection Services, a leading national real estate inspection franchise known for being “not your ordinary inspection company,” announced today the signing of a new franchise agreement in Atlanta, GA signaling the company’s continued growth year-to date in 2021. With median... - October 12, 2021 - 1st Inspection Services
Argus Broker Affiliates Announce Sale of Texas Self Storage Facility
The Argus Self Storge Team in Fort Worth, Texas, Tyler Trahant and Chad Snyder, represented the owner of the transaction that closed on October 6, 2021. - October 08, 2021 - Argus Self Storage Advisors
SIG Closes 160,792 SF Home Depot Shadow Anchored Shopping Center in One of America’s Fastest Growing MSAs
Sands Investment Group (SIG), net lease and shopping center investments leader, has recently closed the sale of a Home Depot shadow anchored shopping center in one of America’s fastest-growing metropolitan statistical areas, Orlando, Florida. At the helm of the deal was the Charlotte based... - October 08, 2021 - Sands Investment Group
Evan Quinn Named Account Administrator at RT Environmental & Construction Professional
Evan Quinn has joined the Environmental and Construction Professional (ECP) Practice of RT Specialty as an account administrator. He is responsible for aiding the account management and policy servicing activities performed by the team’s senior management. “Evan is a conscientious,... - October 07, 2021 - R-T Specialty, LLC's Environmental & Construction Professional Practice
Argus Broker Affiliates Announce Sale of Indiana Self Storage Facility
Rob Schick and Neal Gussis of Argus Self Storage Advisors, represented the seller and buyer in the sale of All American Self Storage in Evansville, Indiana. - October 06, 2021 - Argus Self Storage Advisors
DC Central Kitchen Launches Comprehensive Campaign with $2 Million Public Match
DC Central Kitchen has launched the Bringing the Kitchen Home campaign as it prepares to move into a new home on Buzzard Point in Southwest DC. Craig Newmark Philanthropies (craigstable) and three area family foundations have pledged to collectively match the next $2 million in donations. - October 01, 2021 - DC Central Kitchen
Argus Broker Affiliates Announce Sale of Florida Boat and RV Storage Development Site
Josh Koerner and Frost Weaver, of Weaver Realty Group, are pleased to announce the sale of Secure Boat and RV Development Site, located along 41st Street in Vero Beach FL. - October 01, 2021 - Argus Self Storage Advisors
Self Storage in Carrollton, GA Sold by Midcoast Properties, Inc.
Midcoast Properties, Inc. is pleased to announce the sale of Carrollton Self Storage, located in Carrollton, GA. J. Kris Knowles of Midcoast Properties, Inc., represented the seller. The facility was sold to an out of state buyer. Carrollton Self Storage is situated on 4.4 +/- acres consisting of... - September 29, 2021 - Midcoast Properties, Inc.
Walter J. Adams, Jr. of Berkley Alliance Managers to Discuss How to Address and Mitigate Nuclear Verdicts in a Post-Coronavirus World at IRMI
Walter J. Adams, Jr., vice president and assistant claims manager at Berkley Alliance Managers, a Berkley Company, will co-present the session titled “How to Address and Mitigate Nuclear Verdicts in a Post-Coronavirus World” at the IRMI Construction Risk Conference to be held at the... - September 28, 2021 - Berkley Alliance Managers
Raleigh’s Iconic Beta Center Changes Ownership for First Time in Nearly 25 Years
Raleigh’s iconic Beta Center has changed ownership for the first time in nearly 25 years. The two-building office campus features approximately 150,000 square feet and is located on 12 acres at 5151-5171 Glenwood Avenue. It has been owned since 1997 by David Associates, which is headquartered... - September 27, 2021 - TradeMark Properties
Argus Broker Affiliates Announce Sale of Minnesota Self Storage Facility
Tom Flannigan, Alex Ihrke and Matt Haugen of KW Commercial Minneapolis represented the seller and procured the buyer for the sale of Summit Secure Storage in Isanti, Minnesota. The facility sold for $2,250,000 and consists of 199 units and 33,190 rentable square feet of drive up self storage. Tom,... - September 26, 2021 - Argus Self Storage Advisors
Argus Broker Affiliates Announce Sale of Florida Self Storage Portfolio
Josh Koerner and Frost Weaver, of Weaver Realty Group, are pleased to announce the sale of a two-property self-storage portfolio to Merit Hill Capital, LP. Founded in 2016, Merit Hill is headquartered in Brooklyn, New York, and is currently the 9th largest self-storage facility owner in the U.S. - September 26, 2021 - Argus Self Storage Advisors
Victor Harris Announces New Sales Manager and Head of Marketing
Victor Harris Commercial is a proptech platform that specialises in commercial workspaces across London. The company has been established for over a decade and are experiencing a significant period of growth. They have exceeded their YOY targets in advance of the final quarter. - September 24, 2021 - Victor Harris Commercial
Nova USA Wood Products Introduces AEC Daily Technology & Trends in Sustainable Tropical Hardwoods CE Course
Nova USA Wood Products, Inc., a leading supplier of high-quality hardwood products and accessories, has introduced a new online course dedicated to helping contractors, architects, interior designers and engineers stay up-to-date with the latest Technology & Trends in Sustainable Tropical... - September 23, 2021 - Nova USA
Argus Broker Affiliate Announces Sale of Wisconsin Self Storage Facility
Bruce Bahrmasel is pleased to announce the sale of Northway Storage located in Merrill, Wisconsin. The facility offers over 27,000 rentable square feet of storage and sits on over 24 acres of land. Northway Storage had multiple offers early on after coming to market. The successful bidder made a... - September 23, 2021 - Argus Self Storage Advisors
Iron Horse Services Announces Rail Car Cleaning and Maintenance Facility
Iron Horse Services announces construction of its new rail car cleaning and maintenance facility at Iron Horse Terminals located in Beaumont, TX. - September 22, 2021 - Iron Horse Terminals
Aleksander Soriano Promoted to Account Manager at RT Specialty
Aleksander Soriano has been promoted to account manager within the Environmental and Construction Professional (ECP) Practice of RT Specialty. Since joining the company in 2019, Soriano has supported the practice’s production teams by creating sales proposals, developing coverage assessments... - September 22, 2021 - R-T Specialty, LLC's Environmental & Construction Professional Practice
Argus Broker Affiliates Announce Sale of Minnesota Self Storage Facility
Tom Flannigan, Alex Ihrke and Matt Haugen of KW Commercial Minneapolis represented the seller and procured the buyer for the sale of Storage Lounge in Mankato, Minnesota. - September 22, 2021 - Argus Self Storage Advisors
PONTE HEALTH Announces Sports Tourism Master Plan for Fort Pierce, Florida
PONTE HEALTH plans on the development of Sunrise Sports District to span at least 750 acres, getting direct access from Florida’s Turnpike. The recently announced plans for a Sports Tourism District to be located in Fort Pierce, Florida, plans to direct private allocations to assist city efforts in public health, public schools and sustainability and resilience of public infrastructure and waterways. - September 18, 2021 - PONTE HEALTH GLOBAL CORP.
Boxer’s Workstyle Launch in Chicago is Complete
Workstyle Flexible Spaces, an entity of Boxer Property, is excited to announce the completion and grand opening of Workstyle in Chicago, IL. 1750 E Golf Road is conveniently located off Golf Road near I-90 and Route 53. The innovative build out provides Workstyle’s signature private offices as well as attractive common areas including lounges, coffee bars, huddle rooms, and modern tenant conference facilities with contemporary high end finishes. - September 16, 2021 - Boxer Property Management
Workstyle Co-Working Suites Grande Opening in Chicago
Workstyle Flexible Spaces, an entity of Boxer Property, is excited to announce the 4th addition to their signature Workstyle suites to Chicago. Lisle Executive Center is conveniently located at 3030 Warrenville Road Suite 450, near the four-way interchange of I-88 and Naperville Road within the... - September 16, 2021 - Boxer Property Management
ULM College of Pharmacy Finds New Home
Boxer Property is pleased to announce that it has concluded lease negotiations with the University of Louisiana Monroe (ULM), Pharmacy department at 400 Texas Street in Shreveport. ULM Pharmacy department will move to the 10th floor, consisting of 7,292 square feet. Gerald Leveritt, Leasing... - September 16, 2021 - Boxer Property Management
Boxer Property Launches New Facility Management Assignment in Houston
Houston-based commercial real estate firm, Boxer Property, announced its agreement to manage The Saint Constantine School buildings located at 7177 Regency Square Boulevard. Karen Hink, Asset Manager for Boxer Property, negotiated the agreement with the school’s ownership expanding... - September 16, 2021 - Boxer Property Management
Boxer Property Partnered with Morrow Hill, Expanding Footprint
Boxer Property recently announced the partnership with Morrow Hill, adding 10,574 RSF to 14800 Quorum Drive. Recent upgrades include polished marble and granite, along with high-end office suite finishes; including hardwood floors, marble tile, glass conference rooms and herculite entry... - September 16, 2021 - Boxer Property Management
AcreageWay – Ontario Based Emerging Fintech Company Makes Its Portal Live for Commercial Real Estate Investing
AcreageWay EMD (exempt market dealer) blockchain equity portal is fully operational. You can now access it, create your account and start to invest. As promised, the portal makes commercial real estate accessible to everyone. "'Real estate for everyone' is a bold statement and not easy to... - September 15, 2021 - AcreageWay
SIG Brokers $13M Sale of Automotive Portfolio in Atlanta
Considering the comparable lease terms in today’s market, this deal will rank among one of the most aggressive price points in the automotive net-lease industry. - September 15, 2021 - Sands Investment Group
Katja Wahl Named Marketing Manager at Nova USA Wood Products
Katja Wahl has been named the marketing manager at Nova USA Wood Products, Inc., a leading supplier of high-quality hardwood products and accessories. She will be responsible for leading the company’s sales, marketing and public relations efforts. “Our goal is to be recognized in this... - September 14, 2021 - Nova USA
Sterling Equities Group Unveils $25 Mln PE Commercial Real Estate Fund
Sterling Equities Group LLC has launched a $25 million private equity commercial real estate fund. Sterling Equities Group LLC will focus on commercial real estate mostly located in the midwest. Based in Phoenix, Arizona Sterling Equities Group is a portfolio manager of commercial real estate. - September 13, 2021 - Sterling Equities Group
Toi Holliday was Featured in the Los Angeles Edition of Top Agent Magazine
Toi Holliday of Side Inc. Arc Realty was featured in the Los Angeles Edition of Top Agent Magazine in September 2021. Top Agent Magazine is the premier real estate magazine featuring the foremost real estate agents, mortgage professionals, and affiliates in the USA, Europe, Canada, Australia and... - September 09, 2021 - Toi Holliday Real Estate Team
Joseph Fagan Promoted to Account Manager at RT Environmental & Construction Professional
Joseph Fagan has been promoted to account manager within the Environmental and Construction Professional (ECP) Practice of RT Specialty. Since joining the company in 2019, Fagan has focused on the development of client proposals, coverage assessments and insurance policy comparisons primarily in... - September 09, 2021 - R-T Specialty, LLC's Environmental & Construction Professional Practice
Prospect Real Estate Development Group to Partner with Midtown Capital on $45M 240-Unit Apartment Building in Lake Worth, Fla.
New multi-family building boasts desirable location and plenty of amenities. - September 09, 2021 - Prospect Real Estate Development Group
Joe Malvasio of GCP Fund Ensures Quick Closing on Hard Money Loans for New Commercial Real Estate Investors in New York
GCP Fund facilitated an acquisition worth $9.5 million to Bank Reo and closed the deal just within a matter of two weeks. - September 06, 2021 - Global Capital Partners Fund LLC
Bancap Self Storage Group Brokers Sale to First-Time Buyers
Grass Valley Self Storage Investment Sold - September 03, 2021 - Bancap Self Storage Group, Inc.
Jeff Gorden of The Gorden Company Arranges the Sale of Land for Storage Development
Jeff Gorden of The Gorden Company has arranged the sale of land for storage development in Las Vegas, Nevada. The parcel sold August 24, 2021 and the land development is projected to span just over 20 acres. Jeff Gorden represented the Buyer. Jeff Gorden shared the following about the sale,... - September 03, 2021 - Argus Self Storage Advisors