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PRESS RELEASE: Palm Bay Commons retail center in Melbourne sells for $1.35 million 27 Aug 2013 | 08:27 pm
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 PWRE...
Nordstrom Coming to New York 27 Aug 2013 | 08:15 pm
The department store chain will occupy the seven first floors of a planned 88-story condo tower at West 57th Street. TrafficCourt read more
Ackman Out at J.C. Penney 27 Aug 2013 | 07:54 pm
The hedge fund investor took a $473 million loss to sell his entire stake in the department store retailer. TrafficCourt read more
PRESS RELEASE: Thorofare Capital Funds $8,222,000 Loan for Multifamily Portfolio in Atlanta 27 Aug 2013 | 07:18 pm
Felix Gutnikov Thorofare Capital has recently funded a non-recourse, $8,222,000 recapitalization loan for a 420-unit multifamily portfolio owned by an Arizona-based distressed real estate investment ...
PRESS RELEASE: HFF Secures $11 Million Financing for Old Palm Golf Club in Palm Beach Gardens, Florida 27 Aug 2013 | 07:17 pm
Olivia Hennessey HFF announced today that it has secured $11 million in financing for the unsold single-family home lots and club memberships at Old Palm Golf Club in Palm Beach Gardens, Florida. re...
PRESS RELEASE: Transwestern Hires Amber Strang to Lead Fast-growing Tenant Advisory Practice in U.S.: Award-Winning Leader Will Execute Innovative Str... 27 Aug 2013 | 07:14 pm
Stefanie Lewis Transwestern’s Houston headquarters today announced Amber Strang has joined the firm as executive managing director of tenant advisory services (TAS), effective immediately. read more
PRESS RELEASE: Robust Leasing At Greenwich's 55 Railroad And Pickwick Plaza 27 Aug 2013 | 07:13 pm
Linda Alexander (linda@alexandermktg.com) As a testament to the desirability of well-located Class-A office space in Greenwich, two of the city’s commercial trophies, Pickwick Plaza and 55 Railroad A...
PRESS RELEASE: Capital Square Realty Advisors Acquires Retail Facility Occupied by 24 Hour Fitness in Fort Worth, Texas Suburb 27 Aug 2013 | 07:09 pm
Julie Leber Capital Square Realty Advisors LLC announced today that the company has acquired a 43,801-square-foot retail facility occupied by 24 Hour Fitness Super Sport in Keller, a suburb of Fort W...
PRESS RELEASE: Washington Property Company Leases 80,489 SF 27 Aug 2013 | 07:07 pm
Leslie Braunstein Washington Property Company (WPC) leased a total of 80,489 square feet in its suburban Washington, DC office portfolio during the first half of 2013. This total included over 47,000...
PRESS RELEASE: WNC Closes $150.5 Million Institutional Tax Credit Fund 27 Aug 2013 | 07:03 pm
Julie Leber WNC, a national investor in real estate and community development initiatives, announced today it has closed WNC Institutional Tax Credit Fund 38, L.P., a $150.5 million institutional low...