Simply Commercial Real Estate

Niles Plaza Sold, Lime Arts Building Under New Ownership, Morris County Warehouse Trades Hands, and Celebrating Female CRE Execs

Breaking news in Niles, Ohio! The Village Center shopping plaza has been sold to a Miami real estate firm. The Lime Arts building in Sarasota's Limelight District has been sold to local investors. A Morris County warehouse currently leased to Amazon trades hands. Plus, a celebration of female CRE executives. Join us on Simply C.R.E. for exclusive interviews and expert analysis on these commercial real estate developments.Sources:https://www.wkbn.com/news/local-news/niles-news/niles-plaza-sold-to-miami-real-estate-firm/https://www.sarasotamagazine.com/home-and-real-estate/2024/08/lime-arts-building-new-ownershttps://www.northjersey.com/story/news/business/2024/08/28/mount-olive-nj-amazon-warehouse-sale/74951835007/https://www.commercialsearch.com/news/celebrating-female-cre-execs/Outline:(00:00:00) Introduction(00:00:40) Niles plaza sold to Miami real estate firm(00:03:26) Morris County warehouse currently leased to Amazon trades hands for $29 million(00:06:13) Celebrating Female CRE Execs

Land Conservation Efforts and Reshaping the Commercial Real Estate Landscape

Builder planning 255 homes pays $6.5M for 265 acres in Pasco. Lee County Commissioners purchase land for conservation purposes. The COVID-19 pandemic reshapes the commercial real estate market. Experts highlight the potential of commercial real estate investments. Stay informed about the growing demand and trends in the commercial real estate appraisal services market.Sources:https://www.businessobserverfl.com/news/2024/aug/25/builder-planning-homes-pasco/https://www.clevelandjewishnews.com/columnists/andrew_zashin/a-reshaping-commercial-real-estate-landscape/article_be8af608-5fdf-11ef-8ebe-e361f7e55007.htmlhttps://www.ndtvprofit.com/personal-finance/commercial-spaces-your-best-bet-for-most-returns-in-real-estatehttps://www.openpr.com/news/3632866/growing-demand-and-trends-of-commercial-real-estate-appraisalOutline:(00:00:00) Introduction(00:00:45) A reshaping commercial real estate landscape(00:03:47) Commercial Spaces: Your Best Bet For Most Returns In Real Estate(00:06:46) Growing Demand and Trends of Commercial Real Estate Appraisal Services Market To Receive Overwhelming Hike In Revenue That Will Boost Overall Industry Growth, Forecast 2031 | Renken Consulting Group, Altus Group, Jasmine Saucedo Vanguard

Major Lease Deal in Mumbai, Office Downsizing Trend Reverses

Blackrock Services India Pvt Ltd leases 42,700 sq ft space in Worli for ₹1.28 crore per month. The peak of office downsizing might be over. Plus, Cypriot companies claim $32M from Serbia in real estate dispute. Also, the reshaping commercial real estate landscape amidst the COVID-19 pandemic.Sources:https://www.hindustantimes.com/real-estate/mumbai-real-estate-news-blackrock-services-india-pvt-ltd-leases-42-700-sq-ft-space-in-worli-for-rs-1-28-crore-per-month-101724416722853.htmlhttps://mynbc15.com/news/nation-world/peak-of-office-downsizing-might-be-over-hybrid-work-remote-work-companies-corporate-culture-employee-satisfaction-cbre-commercial-real-estatehttps://www.law360.com/real-estate-authority/articles/1872321/cypriot-cos-say-serbia-must-face-32m-real-estate-claimhttps://www.clevelandjewishnews.com/columnists/andrew_zashin/a-reshaping-commercial-real-estate-landscape/article_be8af608-5fdf-11ef-8ebe-e361f7e55007.htmlOutline:(00:00:00) Introduction(00:00:42) Mumbai real estate news: Blackrock Services India Pvt Ltd leases 42,700 sq ft space in Worli for ₹1.28 crore per month(00:03:29) Peak of office downsizing might be over(00:05:59) Cypriot Cos. Say Serbia Must Face $32M Real Estate Claim - Law360 Real Estate Authority(00:07:37) A reshaping commercial real estate landscape

Serbia Faces $32M Real Estate Claim, Reshaping Commercial Real Estate Landscape

Cypriot companies make a bold claim against Serbia for expropriated real estate. The COVID-19 pandemic reshapes the commercial real estate market. Plus, Evansville real estate firms combine through acquisition. Also, Mumbai real estate news: Blackrock Services India leases 42,700 sq ft space in Worli.Sources:https://www.law360.com/real-estate-authority/articles/1872321/cypriot-cos-say-serbia-must-face-32m-real-estate-claimhttps://www.clevelandjewishnews.com/columnists/andrew_zashin/a-reshaping-commercial-real-estate-landscape/article_be8af608-5fdf-11ef-8ebe-e361f7e55007.htmlhttps://www.insideindianabusiness.com/articles/evansville-real-estate-firms-combine-through-acquisition-svn-the-martin-group-summit-real-estate-serviceshttps://www.hindustantimes.com/real-estate/mumbai-real-estate-news-blackrock-services-india-pvt-ltd-leases-42-700-sq-ft-space-in-worli-for-rs-1-28-crore-per-month-101724416722853.htmlOutline:(00:00:00) Introduction(00:00:39) Cypriot Cos. Say Serbia Must Face $32M Real Estate Claim - Law360 Real Estate Authority(00:01:57) A reshaping commercial real estate landscape(00:05:34) Evansville real estate firms combine through acquisition(00:07:32) Mumbai real estate news: Blackrock Services India Pvt Ltd leases 42,700 sq ft space in Worli for ₹1.28 crore per month

Commercial Real Estate Roundup: Top Sales and Leases, New Developments in Avon Lake and Sammamish

Simply C.R.E. presents the top sales and leases in the real estate market, including notable transactions in Richmond, Petersburg, and Hanover. Plus, a Glendale-based family builder plans a mixed-use project near a community center in Santa Clarita. The former Avon Lake power plant site is up for sale, offering a rare opportunity for redevelopment. Also, explore the latest updates on the Sammamish Town Center development project. Stay informed with Simply C.R.E. for the latest trends and insights in the commercial real estate industry.Sources:https://richmondbizsense.com/2024/08/23/the-pipeline-commercial-real-estate-roundup-for-8-23-24/https://signalscv.com/2024/08/builder-looking-to-put-apartments-retail-near-community-center/https://www.cleveland.com/realestate-news/2024/08/owner-of-avon-lake-power-plant-site-retains-commercial-real-estate-firm-for-redevelopment.htmlhttps://www.djc.com/news/re/12165496.htmlOutline:(00:00:00) Introduction(00:00:41) The Pipeline: Commercial real estate roundup for 8.23.24(00:03:18) Builder looking to put apartments, retail near community center(00:06:29) Owner of Avon Lake power plant site retains commercial real estate firm for redevelopment(00:09:06) More units proposed for Sammamish Town Center

Insurers Win Easement Battle, $8M Property Sale in Davenport

Insurers successfully escape a California easement row, while a multi-tenant retail property sells for $8 million in Davenport. Also, Charlotte Douglas International Airport chooses Crosland Southeast for a transformative development, and IDB Bank appoints Jeremy Cramer as Head of California Commercial Real Estate.Sources:https://www.law360.com/real-estate-authority/articles/1872224/insurers-escape-calif-starbucks-drive-thru-easement-rowhttps://tbbwmag.com/2024/08/21/svn-commercial-advisory-group-closes-on-8-million-commercial-property-in-davenport/https://www.bizjournals.com/charlotte/news/2024/08/21/clt-airport-crosland-southeast-real-estate-develop.htmlhttps://www.prnewswire.com/news-releases/idb-bank-announces-jeremy-cramer-as-head-of-california-commercial-real-estate-302227695.htmlOutline:(00:00:00) Introduction(00:00:43) Insurers Escape Calif. Starbucks Drive-Thru Easement Row - Law360 Real Estate Authority(00:01:07) SVN Commercial Advisory Group closes on $8 million commercial property in Davenport - Tampa Bay Business & Wealth(00:02:53) CLT chooses Crosland Southeast to develop site that could transform airport corridor(00:04:06) IDB BANK ANNOUNCES JEREMY CRAMER AS HEAD OF CALIFORNIA COMMERCIAL REAL ESTATE

Denver Sidewalk Fee Proposal, New Office Tower in Allen

Denver considers a new fee for sidewalk construction and repair. Allen announces plans for a nine-story office tower. Plus, updates on M&A activity in the commercial real estate market and a historic brewery development site for sale.Sources:https://www.denver7.com/news/local-news/denver-sidewalk-program-changes-includes-150-annual-flat-fee-for-most-residential-commercial-property-ownershttps://www.dallasnews.com/business/real-estate/2024/08/20/new-nine-story-office-tower-planned-for-allen/https://www.openpr.com/news/3629122/m-a-activity-in-commercial-real-estate-market-to-set-new-growthhttps://www.bizjournals.com/philadelphia/news/2024/08/20/gretz-brewer-developer-200-apartments.htmlOutline:(00:00:00) Introduction(00:00:44) Denver sidewalk program changes includes $150 annual flat fee for most residential, commercial property owners(00:03:19) New nine-story office tower planned for Allen(00:05:54) M&A Activity in Commercial Real Estate Market to Set New Growth Cycle(00:08:10) Developer lists Gretz Brewery development site for $6.6M, submits revised plan for 200 apartments

Montana Tax Board Restores Property Value, OC Investors Make Silicon Valley Deal

Montana tax appeals board restores $1M value to commercial property. OC investors pay $81.5M for San Jose office. Plus, Lynbrook mixed-use property sells for $1.375M and Jackson's premier office building is sold for $3M+. Stay updated on the latest commercial real estate transactions and their impact on the local markets.Sources:https://www.law360.com/real-estate-authority/articles/1871433/mont-tax-board-restores-1m-value-to-commercial-propertyhttps://www.ocbj.com/real-estate/oc-investors-pay-81-5m-for-san-jose-office/https://libn.com/2024/08/19/lynbrook-mixed-use-property-fetches-1-375m/https://wnws.com/the-building-not-the-business-commercial-property-at-37-sandstone-circle-sells-for-3-million-plus/Outline:(00:00:00) Introduction(00:00:42) Mont. Tax Board Restores $1M Value To Commercial Property - Law360 Real Estate Authority(00:02:49) OC Investors Pay $81.5M for San Jose Office - Orange County Business Journal(00:05:36) Lynbrook mixed-use property fetches $1.375M | Long Island Business News(00:07:20) The building, not the business - commercial property at 37 Sandstone Circle sells for $3 million plus - WNWS Radio

Northwind Group Issues Loan for 100 Wall St., Program Reduces Runoff for Commercial Property Owners

Northwind Group issues a $95 million loan for the acquisition of 100 Wall St. in Manhattan's Financial District. A new green infrastructure program helps commercial property owners in Wilmington reduce stormwater runoff. Plus, DFW real estate market highlights notable transactions and collaborations. Also, the UK's commercial real estate market rebounds faster than Europe.Sources:https://www.commercialcafe.com/blog/northwind-group-issues-acquisition-loan-for-100-wall-st/https://coastalreview.org/2024/08/program-helps-commercial-property-owners-reduce-runoff/https://www.dmagazine.com/commercial-real-estate/2024/08/dfw-real-estate-briefs-dicks-sporting-goods-announces-a-fort-worth-distrubtion-center/https://uk.investing.com/news/stock-market-news/uks-commercial-real-estate-market-rebounds-faster-than-europe-with-a-14-rise-in-2024-3656179Outline:(00:00:00) Introduction(00:00:41) Northwind Group Issues Acquisition Loan for 100 Wall St.(00:02:50) Program helps commercial property owners reduce runoff(00:06:00) DFW Real Estate Briefs: Dicks Sporting Goods announces a Fort Worth distrubtion center(00:09:10) UK’s commercial real estate market rebounds faster than Europe, with a 1.4% rise in 2024 By Invezz

Major Real Estate Transactions in Centreville and Huntington

Four office buildings in Centreville sell for $39M, while a prime office property in Huntington trades for $5.15M. These transactions highlight the strong demand and quick turnaround in the commercial real estate market. Our viewers will be intrigued to learn more about these sales and their implications for the local real estate landscape.Sources:https://www.virginiabusiness.com/article/four-office-buildings-in-centreville-sell-for-39m/https://www.bizjournals.com/southflorida/potmsearch/detail/submission/6549156/Brad_Hartzhttps://libn.com/2024/08/14/huntington-office-property-trades-for-5-15m/https://www.bizjournals.com/southflorida/potmsearch/detail/submission/6549156/Brad_HartzOutline:(00:00:00) Introduction(00:00:40) Four office buildings in Centreville sell for $39M(00:03:07) Brad Hartz | People on The Move - South Florida Business Journal(00:05:49) Huntington office property trades for $5.15M | Long Island Business News(00:08:00) Brad Hartz | People on The Move - South Florida Business Journal