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.
Self Storage in Columbia, SC, Sold
Space Place Storage, a 51,750 net rentable square foot self-storage facility located in Columbia, SC, was sold in February to an out of state investment firm. The buyer formed an LLC for the purpose of acquiring the facility. Dale C. Eisenman, CCIM of Midcoast Properties, Inc. a leading self... - February 24, 2016 - Midcoast Properties, Inc.
J. Wales Construction & Lowen Hospitality Management Break Ground on First Hotel in Fairview, TX - Residence Inn Fairview
J. Wales Construction, in partnership with Lowen Hospitality Management, had their groundbreaking Friday, January 22nd on a new Residence Inn by Marriott slated to open in early 2017. It will be the first hotel in Fairview, Texas, and the fourth project that J. Wales has built for the Lowen Management team. In attendance were Josey Parks (J. Wales CEO), Mayor Darion Culbertson, Ronald Stewart (Marriott), among others. - February 22, 2016 - J Wales Construction
The Greenlion Roars at Wincoram
Cleaning company helps with community revitalization. - February 18, 2016 - Greenlion Cleaning & Maintenance Inc
NAI Horizon Represents Buyer in Sale of Industrial Property
Isy Sonabend negotiated the sale of a 12,800 SF industrial property, representing the buyer, an investor from California, for $1,524,747. The property is located at 1070 E Lone Cactus Dr., Phoenix, AZ. The property, a new construction building in a pristine CC&R controlled industrial park, was... - February 18, 2016 - NAI Horizon
New Day Underwriting Managers to Host Webinar to Discuss the Dynamics of the Changing PLL Marketplace
Leading Industry Experts to Provide Insights into the Evolution of Pollution Legal Liability (PLL) Coverage on February 25. - February 17, 2016 - R-T Specialty, LLC's Environmental & Construction Professional Practice
Self Storage in Summerville, SC Recently Sold
Grand Oaks Self Storage, located in Summerville SC, was sold in February to an out of state buyer and commanded a sales price of $1,700,000 which factored in the onsite expansion land that has been approved for over 55,000 sf of self storage. The buyer formed an LLC for the purpose of acquiring the... - February 17, 2016 - Midcoast Properties, Inc.
Foundation Title and Red Bank Title Agency Merger
Announcement of the merger between two important Monmouth County, NJ Real Estate Title Insurance and Settlement Companies. - February 11, 2016 - Foundation Title LLC
Distinguish the Greatest Craftsmen in Local Construction
CASF’s Craftsmanship Award program has been recognizing the most skilled men and women who actually build South Florida with their hands. - February 11, 2016 - Construction Association of South Florida
Blue Desert Interiors Brings Luxury Home Style to the Office
Luxury commercial office design created by award winning interior design firm, Blue Desert Interiors, merges function and elegance into the perfect workspace. - February 06, 2016 - Blue Desert Interiors
161,000 SF FDA/USDA Food Processing Plant & Equipment Now Available
BidSpotter.com, your online bidding partner, will be providing online bidding on March 16th for the former Unilever Edible Oils Processing and Cold Storage Facility, in Baltimore, MD. This auction will be hosted by the M. Davis Group, who have partnered with Gordon Brothers Group and New Mill... - February 03, 2016 - BidSpotter.com
Shaddock Development Company Announces Purchase of 122 Acre Development in Parker, Texas
Dallas-Fort Worth based Shaddock Development Company has acquired 122 acres in Parker, Texas between E Bethany Drive and Allen Heights Drive. The development, Parker Ranch Estates, consists of 67 lots on 1-2 acre with convenient access to North Central Expressway. William Shaddock, Partner and... - February 01, 2016 - Shaddock Development
Alyson Lupinetti Named Construction Group Account Manager at New Day Underwriting Managers
Alyson Lupinetti has been named an account manager within the Construction Group of New Day Underwriting Managers LLC, a leading specialty intermediary of environmental and construction-related professional liability insurance coverages. She is responsible for supporting the informational and risk... - February 01, 2016 - R-T Specialty, LLC's Environmental & Construction Professional Practice
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
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
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
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