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SRS Opens Office in Santa Monica to Serve Greater LA
News 16 hours ago
SRS Opens Office in Santa Monica to Serve Greater LA
Source Connect Media

By Dennis Kaiser SRS Real Estate Partners expanded its national footprint to Greater Los Angeles. The new office in Santa Monica, which houses SRS’...

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Drawbridge Claims Corporate HQ Assets in South County
News 16 hours ago
Drawbridge Claims Corporate HQ Assets in South County
Source Connect Media

San Francisco-based Drawbridge Realty purchased two corporate headquarters office buildings in Aliso Viejo, CA. The two Class-A office buildings,...

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VTS Acquires Software Platform for Retail Landlords
News 16 hours ago
VTS Acquires Software Platform for Retail Landlords
Source Connect Media

VTS entered into an agreement to acquire PropertyCapsule, the marketing automation and prospecting software used by more than 50% of the top 100...

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Arch Takes Over Stalled Williamsburg Resi Project
News 16 hours ago
Arch Takes Over Stalled Williamsburg Resi Project
Source Connect Media

Arch Companies acquired 550 Metropolitan Ave., the site of a future six-story residential building with ground floor retail in Brooklyn’s...

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San Francisco Bans Cars on Market Street
News 16 hours ago
San Francisco Bans Cars on Market Street
Source Connect Media

The San Francisco Municipal Transportation Agency board of directors unanimously approved $604-million Better Market Street Project. The move will...

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CBRE Duo Closes Two Middlesex County MF Deals
News 16 hours ago
CBRE Duo Closes Two Middlesex County MF Deals
Source Connect Media

CBRE’s Nat Gambuzza and Trevor Fiebel sold two multifamily properties in New Jersey’s Middlesex County totaling $11.3 million. The buyers and the...

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Q3 Manhattan Office Leasing: 3 Yardsticks, 3 Results
News 16 hours ago
Q3 Manhattan Office Leasing: 3 Yardsticks, 3 Results
Source Connect Media

Depending on the yardstick being used, Manhattan’s third-quarter office leasing volume was either down or basically flat on a year-over-year basis,...

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Savanna Inks New Lease, Renewal for Lee Building Retail
News 16 hours ago
Savanna Inks New Lease, Renewal for Lee Building Retail
Source Connect Media

Savanna leased more than 4,500 square feet of retail space at Harlem’s 1825 Park Ave., also known as the Lee Building. Zaro’s Bakery signed a new...

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Berkadia Arranges Sale of Davenport, IA Apartment Portfolio
News 16 hours ago
Berkadia Arranges Sale of Davenport, IA Apartment Portfolio
Source Connect Media

Berkadia arranged the sale of Candlelight Park, a portfolio of four multifamily properties in Davenport, IA, to Colorado-based Monarch Investment...

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High Street Wraps Up Work on Pittsburgh Luxury Multifamily
News 16 hours ago
High Street Wraps Up Work on Pittsburgh Luxury Multifamily
Source Connect Media

High Street Residential and its project partner, Northwestern Mutual, completed construction on Glasshouse, a new luxury residential building in...

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Wright Heerema Adds Business Development Director
News 16 hours ago
Wright Heerema Adds Business Development Director
Source Connect Media

Chicago-based Wright Heerema Architects, appointed Luke Heerema as the new director of business development. He’s charged with leading the firm’s...

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NAI Hiffman Arranges SLB for Algonquin-Based Manufacturer
News 16 hours ago
NAI Hiffman Arranges SLB for Algonquin-Based Manufacturer
Source Connect Media

NAI Hiffman completed a sale-leaseback transaction on behalf of Young Innovations Inc., a global manufacturer and distributor of consumable dental...

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Lightfoot Proposes Congestion Tax on Ride-Hailing
News 16 hours ago
Lightfoot Proposes Congestion Tax on Ride-Hailing
Source Connect Media

The Lightfoot administration is proposing what reportedly would be the nation’s highest ride-hailing fees, with the Ground Transportation Tax...

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Harbor Buys Five-Building Portfolio in San Bernardino for $42M
News 16 hours ago
Harbor Buys Five-Building Portfolio in San Bernardino for $42M
Source Connect Media

Long Beach-based Harbor Associates, LLC, in joint venture with Taconic Capital Advisors, closed on a $41.7 million off-market acquisition of a five...

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Report: Jacksonville Office Availability Rises Above 11%
News 16 hours ago
Report: Jacksonville Office Availability Rises Above 11%
Source Connect Media

The availability rate for office space in Jacksonville ticked up from 10.7% to approximately 11.1% in Q3 2019, according to a recent report from...

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Chicago Investor Exits 10-Year Hold on Wisconsin Retail
News 16 hours ago
Chicago Investor Exits 10-Year Hold on Wisconsin Retail
Source Connect Media

Quantum Real Estate Advisors brokered the sale of a multi-tenant shopping center in Pleasant Prairie, WI for an undisclosed sum. Built in 2007, the...

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Six-Building Flex Portfolio Trades for $47M in Oldsmar
News 16 hours ago
Six-Building Flex Portfolio Trades for $47M in Oldsmar
Source Connect Media

JLL arranged the $47.1-million sale of 580 Corporate Center, a six-building, multi-tenant industrial and office portfolio totaling 376,551 square...

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Freedom Solar Signs Deal to Install Panels at Sames Automotive Group
News 16 hours ago
Freedom Solar Signs Deal to Install Panels at Sames Automotive Group
Source Connect Media

Sames Automotive Group — one of the oldest automotive dealerships in Texas — signed a deal with Freedom Solar. As a result, the dealership will be...

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StorQuest Opens Pair of Portland Metro Facilities
News 16 hours ago
StorQuest Opens Pair of Portland Metro Facilities
Source Connect Media

StorQuest Self Storage opened up two facilities in the Portland area, one in Tigard and another in Hillsboro. The Tigard property is located at...

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QuikTrip Sells NNN-Leased Convenience Stores in Sale-Leaseback Deal
News 16 hours ago
QuikTrip Sells NNN-Leased Convenience Stores in Sale-Leaseback Deal
Source Connect Media

QuikTrip Corp. struck a deal with a private Midwest buyer to sell two of its NNN-leased Central Texas convenience stores, one in San Antonio and...

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Q3 Houston Office Numbers Marked by Flight to Quality
News 16 hours ago
Q3 Houston Office Numbers Marked by Flight to Quality
Source Connect Media

Absorption figures were somewhat confusing when it came to Houston’s Q3 2019 office reports. While CBRE pointed to “continued job growth and a...

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Carter Breaks Ground on 306-Unit Summerhill MF Project
News 16 hours ago
Carter Breaks Ground on 306-Unit Summerhill MF Project
Source Connect Media

Developer Carter, in partnership with King & Company and Healey Weatherholtz Properties, has broken ground on a 306-unit multifamily project in...

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Partners Launch Construction on 900-Acre M3 Ranch
News 16 hours ago
Partners Launch Construction on 900-Acre M3 Ranch
Source Connect Media

Hanover Property Co. and the McCaslin family/M.R. Development officially broke ground on M3 Ranch, a 900-acre master-planned community in Mansfield...

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Hunt Secures $22M Acquisition Loan for Pawleys Island MF Property
News 16 hours ago
Hunt Secures $22M Acquisition Loan for Pawleys Island MF Property

Hunt Real Estate Capital secured a $21.7-million Freddie Mac conventional multifamily loan for the acquisition of a property in Pawleys Island, SC....

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San Diego Office Market Headed for 10th Straight Growth Year
News 16 hours ago
San Diego Office Market Headed for 10th Straight Growth Year
Source Connect Media

Cushman & Wakefield’s 3Q 2019 report reflects ongoing stability in San Diego’s office sector. Overall office vacancy came in at 14% for the quarter...

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$102M Loan Secured for 253-Unit “X Phoenix”
News 16 hours ago
$102M Loan Secured for 253-Unit “X Phoenix”
Source Connect Media

PMG and Raven Capital Management obtained a $102.1 million loan to build “X Phoenix,” a 253-unit, mixed-use apartment development in downtown...

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Kennedy Wilson Secures $300M Equity Investment from Eldridge Industries
News 16 hours ago
Kennedy Wilson Secures $300M Equity Investment from Eldridge Industries
Source Connect Media

Beverly Hills-based Kennedy Wilson received a $300-million strategic investment from affiliates of Greenwich, CT-based Eldridge Industries. Kennedy...

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General Contractor Selected for 500-Key Omni PGA Frisco Resort
News 16 hours ago
General Contractor Selected for 500-Key Omni PGA Frisco Resort
Source Connect Media

Omni Hotels & Resorts selected Brasfield & Gorrie as general contractor for the Omni PGA Frisco Resort in Frisco, TX. The 500-room development will...

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Marcus & Millichap’s West LA Office Raises Funds for Breast Cancer Awareness
News 16 hours ago
Marcus & Millichap’s West LA Office Raises Funds for Breast Cancer Awareness
Source Connect Media

The commercial real estate industry has long adopted initiatives to support the community or causes that help others. The most recent example of...

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Zoning Changes Approved for Controversial 97-Acre 4700 E. Riverside
News 16 hours ago
Zoning Changes Approved for Controversial 97-Acre 4700 E. Riverside
Source Connect Media

The Austin City Council approved zoning changes for 4700 E. Riverside, a 97-acre, mixed-use redevelopment at East Riverside Drive and South...

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