Recent Headlines
The Commercial Real Estate Market in New York City Sees $24 Billion in Sales in 2011, Up 32% Y-o-Y
With over $24 billion in sales, the commercial real estate market in New York City saw a sharp recovery in 2011 from its recessionary lows, up 32% over 2010, and up a staggering 193% over 2009, according to an analysis released by PropertyShark. The market had a solid performance throughout the... - January 20, 2012 - PropertyShark.com
Kanu Signs Contract Extension with the First Group
Nigerian Star Helps Launch the One Kempinski Abuja - January 20, 2012 - The First Group
Cabo San Lucas Mexico Real Estate Information – Free MLS Access, Market Analysis, Just-Listed Notification
The most comprehensive source for Cabo San Lucas Mexico Real Estate Information including Real Estate Listings, MLS Access, and Free Market Analysis is now available at http://loscabosagents.com. - January 19, 2012 - Century21 Paradise Properties
Local Realtor Brett Furman is One of the Few in America Successfully Selling Homes for Clients at Higher Market Price
Home sales throughout the state of Pennsylvania are down seven percent and national home sales are still struggling to rebound from the worst economic downturn in 34 years, but a local realtor is one of the few who is not only helping clients sell their homes faster than average, but also at higher... - January 12, 2012 - RE/MAX Classic
Capital Commercial Real Estate LLC Brokers $1.2M Sale of Norwell, MA Professional Building to Andrew Gordon Insurance Co.
Capital Commercial Real Estate LLC and its Principal George Jamieson recently brokered the sale of a 13,000 SF office and retail building at 306 Washington Street in Norwell, MA. Andrew Gordon Insurance Co. of Norwell MA was the buyer and will relocate its firm from Norwell center to the new location occupying approximately half of the second floor office space. - January 12, 2012 - Capital Commercial Real Estate LLC
Washington, D.C., Atlanta Home Owners Enjoy Twice as Much Living Space as New York City Home Owners
According to an analysis by PropertyShark.com of 20 major U.S. Cities, home owners in Washington, D.C., Atlanta and Austin are enjoying on average the most living space. PropertyShark is a NY-based property search and foreclosure listings website. The average home size in Washington, D.C. is 2,237... - January 10, 2012 - PropertyShark.com
Lucas Fox International Properties Expand Portfolio with New Commercial Property Services
Lucas Fox International Properties today announce the launch of their new Commercial & Investment Property Services and appoint Aimar Valls Ribas as the new department head. - January 09, 2012 - Lucas Fox International Properties
Manhattan and Queens Reach the Same Level of First Time Foreclosures in November 2011
PropertyShark.com, a New York based property search and foreclosure listings website, released its monthly report covering new scheduled foreclosure auctions in New York City for November 2011. Key Report Findings · NYC first time foreclosures dropped slightly for the sixth consecutive... - December 23, 2011 - PropertyShark.com
One Hundred Sands, Ltd Accepts Exclusive Gaming License from Fiji Government
In a partnership designed to fuel tourism, job growth, and expand the Fiji brand, the Fijian government has decided to issue an exclusive gaming license to One Hundred Sands Limited. - December 22, 2011 - One Hundred Sands, LTD
RE/MAX Classic: New System Pinpoints Why Having a Public Open House to Sell a Home is Not a Good Idea
Recent studies show that when selling a home, whether you’re a realtor or an individual trying to sell your home on the open market, having an open house is the worse way to get it sold. According to a national study conducted by NDP Group, an industry leader in consumer trends and market... - December 15, 2011 - RE/MAX Classic
Barb Woods Earns NAR Short Sales and Foreclosure Certification
Barb Woods, Broker with Crowne Realty, has earned the nationally recognized Short Sales and Foreclosure Resource certification. Barb offers Sellers the choice of a flat fee or reduced commission full service listing, allowing sellers to maximize the return on their property investment. - December 07, 2011 - Barb Woods, Realtor Crowne Realty
PropertyShark.com Releases Third Quarter 2011 Multifamily Investment Property Report
PropertyShark.com, the premier property search website, today released its quarterly investment property report covering multifamily property sales in New York City for the third quarter of 2011. Key High-Level Findings: · Dollar volume sees best quarter in four years – multifamily... - November 23, 2011 - PropertyShark.com
Brand New Site Launched by Buying Investment Property Tips Offering Free and Unique Ways to Get Into the Market
Getting into the market just got easy with researched buying investment property tips. - November 23, 2011 - Buying Investment Property Tips
New York City Foreclosures Decline for the Fifth Consecutive Month in October 2011
PropertyShark.com, the premier property search website, released its monthly report covering new scheduled foreclosure auctions in New York City for October 2011. Key Report Findings • New scheduled foreclosure auctions decreased 6% in October 2011 compared to the previous month and dropped... - November 22, 2011 - PropertyShark.com
Family-Owned Bowling Center to Remain the Heart of the Devon Community with Extensive Renovations and Professional Management
Whether you’re looking for a place with a family fun-filled atmosphere or a place that caters to your every need, the owners of a local bowling center say you can experience all of that and more now, that the business has been fully renovated and professional management is in... - November 16, 2011 - RE/MAX Classic
Seller of Real Estate Advocate Named President of RE/MAX Short Sale Division
If you’re one of the thousands of homeowners struggling with their mortgage and can no longer afford your payments, help is on the way, now that RE/MAX Classic has added a Distressed Real Estate Division to be headed by successful local realtor Brett Furman. The division was created to help... - November 12, 2011 - RE/MAX Classic
Oklahoma CCIM Chapter Recognizes New Designees
The Oklahoma CCIM Chapter would like to recognize 2 chapter members who recently earned the Certified Commercial Investment Member (CCIM) designation from the CCIM Institute, one of the leading commercial real estate associations in the world. Both were pinned at the Institute's National Meeting in Phoenix this month. Congratulations to: Clay Moss, CCIM of Hall Capital Commercial Real Estate and Karyn Dodson, CCIM of BoK Financial. - October 21, 2011 - Oklahoma CCIM Chapter
StreetMac Asset Managers Acquire Texas and Oklahoma Malls
StreetMac Asset Managers, LLC, a Northbrook, Illinois-based asset management and financial services firm, announced that an affiliate has purchased the Brazos Mall in Lake Jackson, Texas and the Shawnee Mall in Shawnee, Oklahoma through a joint venture with an affiliate of Stamford,... - October 14, 2011 - StreetMac, LLC
Brett Furman Goes Digital While Many Realtors Remain Analog
In the cutthroat business of real estate sales, many agents remain antiquated in old marketing. From public benches to restaurant placemat advertising, agents continue to market offline in ways that might have worked in the eighties. “Five years ago I realized that newspapers and magazines... - October 14, 2011 - RE/MAX Classic
First Time Foreclosures in the City Reach 2-Year Low in Q3 2011
The number of new scheduled NYC foreclosure auctions was down 69% in Q3 2011 compared to Q3 2010, and was down 33% from Q2 2011. - October 13, 2011 - PropertyShark.com
RWC 2011 Takes Backseat at Bayleys Property Auction
Marketed by Millie Liang, 10 High Street confirms strong demand for Auckland CBD commercial property when sold at auction for $2.7 million at a yield of approx 5.6% - October 05, 2011 - Millie Liang, Commercial Realtor, New Zealand
University Scholarship Programme Launched to Support Orphans in Kenya
The First Group Partners with Hanne Howard Fund to Create Life-Changing Opportunities and "Break the Cycle of Poverty" - September 22, 2011 - The First Group
New York City Foreclosures Down 70 Percent from August 2011; Queens and Staten Island Foreclosures Decreased by 80 Percent
The number of new scheduled NYC foreclosure auctions was down 70% in August 2011 compared to August 2010, and was down 7% from July 2011. - September 21, 2011 - PropertyShark.com
The First Group Relocates HQ to Thriving Centre of TECOM, Dubai
New TECOM Location Complete with State-of-the-Art Showroom and Panoramic Views of many of Dubai’s Landmarks and three of The First Group’s Residential Towers. - September 07, 2011 - The First Group
Dwaine Clarke Writes New Book on How Investors Can Achieve 3X, 4X, Even 5X the of Yield of CD’s, Money Markets, Stocks and Even Bonds Using Investment Real Estate
New book Apartment Building Wealth reveals proven strategies the most successful and wealthiest real estate investors use to out perform financial markets, beat inflation, build wealth and create financial security. - August 25, 2011 - GCT Net Lease
Belize Submarine Tour, Newest Excursion Coming to Belize During 30th Anniversary of Independence
Belize Submarine Tour, the newest excursion and first tourist submarine in Belize, is preparing for its Grand Launch this Fall, which is the 30th Anniversary of Belize’s Independence as a nation state. - August 24, 2011 - Treasure Island Management, Ltd.
Burr Pilger Mayer Doubles Its Walnut Creek Office Footprint
Burr Pilger Mayer (BPM), one of the largest West Coast-based accounting and consulting firms, executed an agreement to lease almost 20,000 square feet (sf) of office space, effectively doubling its Walnut Creek footprint. Beginning December 2011, BPM plans to occupy 2001 North Main Street in Walnut Creek. Alex Grell and Sean Cooley of Cornish & Carey Commercial Newmark Knight Frank’s Walnut Creek office represented BPM in its new lease with landlord Legacy Partners. - August 24, 2011 - Cornish & Carey Commercial Newmark Knight Frank
Long Realty Welcomes Karen Barrera to the Tanque Verde Office
Long Realty Company is pleased to welcome experienced associate broker Karen Barrera to the Tanque Verde Office at 6410 E. Tanque Verde Road, Tucson, AZ 85715. “With Long Realty’s technology and resources, I have the support to further my clients’ dreams of owning a home. Helping... - August 18, 2011 - Long Realty
Long Realty Welcomes Pamela and Roger Harlan to River and Campbell Office
Long Realty Company is pleased to welcome back agents Pamela and Roger Harlan to the River and Campbell office at 1890 E. River Road in Tucson, Arizona. “We worked at Long Realty previously, and after going to some other agencies, we found that Long offers the most for us and our clients. It... - August 18, 2011 - Long Realty
Long Realty Welcomes Bryan Murphy to Oro Valley Office
Long Realty Company is pleased to welcome Bryan Murphy to the Oro Valley office at 10445 N. Oracle Rd #121, in Oro Valley, Arizona. “I chose Long Realty because they give the most support to their agents, buyers and sellers. They work hard at building relationships, and that shows in Long... - August 18, 2011 - Long Realty
Google Leases Jay Paul Company’s Technology Corners
Google, Inc. has executed a long-term lease agreement to occupy approximately 715,500 square feet (sf) of office space at Jay Paul Company’s Technology Corners campus. This lease represents the Internet giant’s first major lease in Sunnyvale. The property lies immediately adjacent to Motorola Mobility's Moffett Towers property. Cornish & Carey Commercial Newmark Knight Frank Executive Vice President Phil Mahoney represents Jay Paul Company’s Technology Corners property in its leasing engagement. - August 18, 2011 - Cornish & Carey Commercial Newmark Knight Frank
Scott Fair Joins Cornish & Carey Commercial Newmark Knight Frank
Scott Fair has joined Cornish & Carey Commercial Newmark Knight Frank’s Hayward office. Fair specializes in the industrial commercial real estate market along the I-880 corridor in the East Bay. - July 24, 2011 - Cornish & Carey Commercial Newmark Knight Frank
Swift Realty Partners’ One Concord Center Quickly Filling Up
Swift Realty Partners’ One Concord Center is exceeding the firm’s expectations growing its tenant roster. In just 7 months, 14 lease transactions totaling 111,615 square feet (sf) were completed bringing the occupancy rate of the 358,589 sf property from 43.2% to 78.3%. Breck Lutz and Alex Grell of Cornish & Carey Commercial Newmark Knight Frank’s Walnut Creek office represent Swift’s One Concord Center for lease. - July 24, 2011 - Cornish & Carey Commercial Newmark Knight Frank
Stor-N-Lock Self Storage Sold
Stor-N-Lock Self Storage in Rock Hill, SC was recently sold with Dale C. Eisenman representing the seller. - July 15, 2011 - Midcoast Properties, Inc.
SearchCommercialSpace.com Successfully Launched with 15000 Commercial Listings in 20 Cities in USA and Canada
SearchCommercialSpace.com is the premier commercial property listing service site dedicated to commercial office, warehouse and shared space for rent and sublease. They feature traditional office space covering all the professions from Medical, Legal, Accounting to Financial Service space. - June 30, 2011 - SearchCommercialSpace.com
Deerfield Realty Purchases The Mercer Retail from Prometheus
Menlo Park-based, commercial real estate firm Deerfield Realty acquired the retail portion of award-winning mixed-use development The Mercer – called The Mercer Retail -- from Prometheus Real Estate, the Bay Area’s largest private owner of multi-family properties. The Mercer Retail, located at 1615-1699 North California Boulevard in Walnut Creek is comprised of a 22,023 square foot ground floor retail condominium built below 181 luxury residential apartments and condominiums. - June 23, 2011 - Cornish & Carey Commercial Newmark Knight Frank
Heritage Capital Group and Pegasus Residential Join Forces to Continue North Carolina Portfolio Expansion
Heritage Capital Group and Pegasus Residential join forces to continue North Carolina portfolio expansion. Heritage Capital Group, the investment arm of Heritage Management, announces its expansion into the Raleigh, NC Market with the purchase of 3 apartment communities along with a partnership... - June 22, 2011 - Pegasus Residential
Coop Foreclosures in New York City Reach a Two-Year Peak in May 2011
In May 2011 the number of coop units scheduled for auction in New York City reached its highest value in 2 years. - June 22, 2011 - PropertyShark.com
GRR Real Estate Management Appointed by Sontowski & Partner Group on 70 Million Euro Portfolio
GRR Real Estate Management GmbH (GRR REM) has been appointed by Sontowski & Partner Group on a portfolio of retail investment properties in Germany worth 70 million Euros. Located in Bavaria and Baden Württemberg, the properties extend to around 40,000 sq m. GRR REM manages 260... - June 19, 2011 - GRR Real Estate Management
New York City Foreclosures Down 12 Percent from March 2011; Brooklyn Foreclosures Decreased by 54 Percent While Manhattan Foreclosures Increased 4%
The number of new scheduled NYC foreclosure auctions was down 65% in April 2011 compared to April 2010, and was down 12% from March 2011. - May 26, 2011 - PropertyShark.com
Microsoft Leases Nearly 240,000 Square Feet at Jay Paul Company’s Moffett Towers
Microsoft Corporation executed a long-term lease agreement to lease 237,000 square feet (sf) of office space at Moffett Towers in Sunnyvale, California. Developed by San Francisco-based Jay Paul Company, the LEED Gold, 1.8 million square foot office/R&D campus offers an amenity-rich environment in the heart of Silicon Valley. Cornish & Carey Commercial Newmark Knight Frank Executive Vice President Phil Mahoney represents Jay Paul Company’s Moffett Towers property in all leasing engagements. - May 25, 2011 - Cornish & Carey Commercial Newmark Knight Frank
MegaPath Leases Over 25,000 Square Feet in Bernal Corporate Plaza
MegaPath agreed to lease 25,709 sf in Bernal Corporate Plaza in Pleasanton, California. MegaPath plans to relocate to Bernal Corporate Plaza to take advantage of the attractive offerings of this “city within a city,” –which include immediate access to retailers and services that employees require each day. Cornish & Carey Commercial Newmark Knight Frank’s Jeff Morgenstern, Dan Watson and Marcy Place represented Bernal Corporate Plaza for the landlord, Principal Real Estate Investors. - May 21, 2011 - Cornish & Carey Commercial Newmark Knight Frank
Cornish & Carey Commercial Newmark Knight Frank Team Selected to Market Sobrato's First San Francisco Property for Lease
Renowned Silicon Valley landlord, The Sobrato Organization, selected Cornish & Carey Commercial Newmark Knight Frank to market the firm’s first San Francisco property for lease. The 291,000 square foot (sf) Class A waterfront building is located at 500 Terry Francois Boulevard in the Mission Bay neighborhood of San Francisco. Sobrato closed escrow on the $91 Million property Tuesday, May 17, 2011. - May 19, 2011 - Cornish & Carey Commercial Newmark Knight Frank
Newmark Knight Frank Cornish & Carey Commercial Capital Group Closes Over $142,000,000 in Exclusive Debt Assignments on West Coast During the First Months of 2011
Brad Zampa and Ben Bullock of Newmark Knight Frank Cornish & Carey Commercial’s Capital Group placed over $142,000,000 in permanent and bridge debt on Bay Area office product in the first months of 2011. The Capital Group is looking to grow its team, as both investment sales and financing opportunities are increasing significantly on the west coast, and the team’s current pipeline includes over $1 Billion of exclusive debt and equity assignments. - May 19, 2011 - Cornish & Carey Commercial Newmark Knight Frank
Gerardo Sanchez Joins Abreu Realty
Experienced Broker Will Focus on Residential and Bank-Owned Properties in the Central Connecticut Area - April 28, 2011 - Abreu Realty, LLC
GRR Real Estate Management Appoints New Commercial Director
GRR Real Estate Management GmnH, the German retail asset and property manager, has appointed Oliver Groß as commercial director based in Erlangen, Germany. - April 28, 2011 - GRR Real Estate Management
Chesterton Humberts & cebr Suggest Secondary Property Values Could Rise 5-10% Further Than Prime
Prime commercial property values could rise by 20% over the next five years and secondary property values could rise by a further 5-10%, according to the latest Commercial Property Values report published by Chesterton Humberts and cebr. With a focus on London, the report considers the many... - April 28, 2011 - Chesterton Humberts
Penn Center East Signs Three New Major Retail Tenants
LG Realty Advisors announces today that their Penn Center East office and retail complex in Wilkins Township, PA has signed leases with three new retail tenants. The new tenants, HHGregg, Tuesday Morning, and Yamato’s Hibachi Grill, complement the current retail tenants on campus. With these three signings, the retail space for the complex is almost fully leased. - April 27, 2011 - LG Realty Advisors
New York City Foreclosures Down 47 Percent from Q4 2010; Queens Foreclosures Decreased by 61 Percent While Manhattan Foreclosures Increased 46%
The number of new scheduled NYC foreclosure auctions was down 67% in Q1 2011 compared to Q1 2010, and was down 47% from Q4 2010. - April 15, 2011 - PropertyShark.com
The New Pegasus Residential Brand Revealed– Recipient of a "$100k Extreme Corporate Makeover"
Discover True North and Pegasus Residential announce completion of the $100k Extreme Corporate Makeover. The contest was created to recognize and reward a company within the multifamily industry, that had created or sustained a positive work culture in tough economic times. - April 04, 2011 - Pegasus Residential