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PRESS RELEASE: Hines/PCCP Venture Acquires Kierland One in Phoenix
2013-08-27 18:21:00| National Real Estate Investor
Kim Jagger Hines, the international real estate firm, announced today that along with joint venture equity partner PCCP, LLC, it has acquired Kierland One, a Class A, 175,441-square-foot office building located in the North Scottsdale Airpark submarket of Phoenix. read more
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PRESS RELEASE: HFF Secures $21.4 Million Construction/Permanent Loan for Anticipated LEED Platinum Multi-Housing Community in North Portland
2013-08-27 17:52:00| National Real Estate Investor
Kristen Murphy HFF announced today that it has secured $21.4 million in construction/permanent financing for Cathedral Apartments, a to-be-built, 165-unit multi-housing development in North Portland, Oregon. HFF worked on behalf of the borrower, St. Johns Ivanhoe LLC, in arranging the 42-year, 4.76 percent, fixed-rate loan through Greystone, the leading FHA multifamily lender in the country. read more
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PRESS RELEASE: Watkins Research Group Ranks Cresa Number One In Client Advocacy
2013-08-27 17:48:00| National Real Estate Investor
Neil Adler Cresa, North America's leading tenant representation firm, ranked first in client advocacy among 23 firms evaluated, according to the Watkins Research Group in its bi-annual survey of commercial real estate firms.More than 200 senior corporate real estate executives responded to the survey, which measured perception, brand awareness, service-delivery models and customer satisfaction. read more
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PRESS RELEASE: Advanced Auto Parts Sells for $970K
2013-08-27 17:41:00| National Real Estate Investor
Savannah Duncan Franklin Street Real Estate Services announces the sale of a 7,050-square-foot Advanced Auto Parts for $970,000 at $137.58 per square foot. read more
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PRESS RELEASE: Palm Bay Commons retail center in Melbourne sells for $1.35 million
2013-08-27 17:27:00| National Real Estate Investor
Julia Pappacoda In a sign of the continued improvement of the Central Florida retail market, Caerus Capital Partners, LLC, has purchased the Palm Bay Commons retail center for $1.35 million from PWREO Palm Bay Commons, LLC. The 9,000-square-foot multi-tenant strip center sits on .91 acres of land at 1105 Palm Bay Road in Melbourne. The center is 100-percent leased by tenants Mattress One, L.A. Tan and a local sushi restaurant. read more
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