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PRESS RELEASE: Marcus & Millichap Arranges The Sale Of A 6,000 Square-Foot Industrial Building

2013-08-28 21:55:00| National Real Estate Investor

Iris Padron Marcus & Millichap Real Estate Investment Services, the nations largest real estate investment services firm, has announced the sale of 818 Humboldt Street, a 6,000 square-foot industrial property located in Brooklyn, NY, according to John Horowitz, Regional Manager of the firms Brooklyn office. The asset sold for $1,520,000 which represented approximately $253 per square foot. read more

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PRESS RELEASE: Pembrook Capital Management Closes $20 Million Bridge Loan For Refinancing of Clarendon Gardens Apartment Complex in Brooklyn

2013-08-28 21:53:00| National Real Estate Investor

Tom Nolan Pembrook Capital Management LLC (Pembrook), a commercial real estate investment manager that provides financing throughout the capital structure including first mortgages, mezzanine, bridge loans, note financings, and preferred equity for most property types, announced the closing of a $20 million bridge loan for the refinancing of the Clarendon Gardens apartment complex in Brooklyn, NY. read more

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PRESS RELEASE: Jones Lang LaSalle Closes $22 Million, Tempe, Ariz. Industrial Portfolio Sale

2013-08-28 21:50:00| National Real Estate Investor

Stacey Hershauer Capital Markets experts in the Phoenix office of Jones Lang LaSalle (JLL) have completed a $22.1 million sale of Broadway Industrial Portfolio, totalling three Class A buildings and 308,038 square feet in Tempe, Ariz. The deal is JLL's second investment sale in the area this quarter, accentuating the strength and draw of the submarket's commercial real estate inventory. read more

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PRESS RELEASE: Cushman & Wakefield Arranges $18.8 Million in Acquisition Financing for Gwinnett Commerce Center

2013-08-28 21:44:00| National Real Estate Investor

Steve Webb Cushman & Wakefields Equity, Debt & Structured Finance Group arranged $18.8 million in financing on behalf of Biscayne Atlantic to fund the acquisition of Gwinnett Commerce Center, a 10-story, 213,563-square-foot office building located in Duluth, Ga., in Atlantas Northeast submarket. Biscayne Atlantic purchased the property in a joint venture with Red Starr Investments and PointOne Holdings. read more

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PRESS RELEASE: New Great Clips Location Coming to Sugar Grove

2013-08-28 21:41:00| National Real Estate Investor

CBRE Chicago- John Dobroski CBRE announced Vice President Marcy Wood assisted a Great Clips franchisee in the lease of 1,282 SF at 427 Illinois Route 47 in Sugar Grove, IL from Mutual Development Company. read more

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