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PRESS RELEASE: Property Sales Cooled In 3Q 2013, Yet Office Building Sales Volume Was The Highest In A Year

2013-10-21 06:00:00| National Real Estate Investor

Melanie Keenan Although the commercial property sales market cooled in the third quarter compared to the brisk second, and sales volume fell to $7.5 billion from more than $9+ billion, a few distinguishing things happened in the last three months: 1) office property sales remain strong as evidenced by the sale of three buildings compared to only one in the past 12 months; and 2) hotel sales were lacklusteronly one hotel sold in the quarter compared to the more typical five or six transactions in a quarter. read more

Tags: in year office press

 

PRESS RELEASE: The Besen Group Sells 50,000 SF Office Building in Forty Five (45) Days

2013-10-16 16:30:00| National Real Estate Investor

Jennifer Peters The Besen Group announced the sale of 1 Main Street, Eatontown, N.J. by Monmouth County specialist Zachary Tuckman and Managing Partner Jonathan B. Horn. The subject property comprised of 74 units measuring 50,466 gross sq. ft. It sold for $1.5 million. read more

Tags: days group office press

 
 

PRESS RELEASE: ASB Real Estate Investments Acquires San Francisco Office Building for $110 Million

2013-10-10 22:20:00| National Real Estate Investor

Mary Beth Ryan ASB Real Estate Investments announced today the $110 million acquisition of a LEED Gold-certified Class A office building in the South of Market district. read more

Tags: real office estate press

 

PRESS RELEASE: Completion of Capital Improvements Transforms 300 Kimball into Class A, Multi-Tenant Office Facility: Modern, 400,000-Square-Foot Office Building in Parsippany, N.J. Introduces New Lobby, Fitness Center and Bistro

2013-10-09 20:04:00| National Real Estate Investor

Stefanie Lewis Transwestern today announced that it completed a capital improvement program for 300 Kimball Drive in Parsippany, Morris County, N.J. The significant renovations include a modern redesign of the main lobby and state-of-the-art fitness center, as well as extensive upgrades to modernize the building's full, eat-in bistro, transforming what was a single-tenant building into a full-service, multi-tenanted, Class A office facility. read more

Tags: office center press class

 

PRESS RELEASE: Two Iconic Brands Make Commercial Real Estate Moves in Concord, Calif.: Transwestern Brokers AAA Office Building Sale and a Separate Lease Bringing Viking Appliance Company to the City

2013-10-01 00:09:00| National Real Estate Investor

Stefanie Lewis Transwestern today announced that it brokered the sale of a 25,000-square-foot office building at 2055 Meridian Park Boulevard that was fully leased by AAA Northern California, Nevada and Utah. AAA sold the building to the Gumina Trust for an undisclosed amount. read more

Tags: to the make real

 

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