Industry insights, market outlook reports and commercial real estate
news, and trends from the Coldwell Banker Commercial brand.
Media Inquiries:Gary MarquisPhone: 949.683.1502Email: email@example.com
Media Inquiries:Nicole EppsColdwell Banker Commercial Affiliatesnepps@cbcworldwide.com973-407-7251
Fred Schmidt, CBC President & COO, recently commented on brick-and-mortar retail for a feature story in Racked. The story, titled “The Internet Isn’t Killing Malls – Better Malls Are”, explores how retailers and malls that offer amenities, high-end stores and experiences are beating out traditional shopping malls.
Daniel Tyner and Scott Hook, of Coldwell Banker Commercial Advisors, have announced the sale of a Rite Aid property in the City of Murrieta, CA. The property which consists of a 16,708 square foot building sold for $4,700,000 at an approximate cap rate of 5.85%. Daniel Tyner and Scott Hook, represented the sellers in this transaction. The property is located along the major retail corridor of California Oaks Road, right off the 15 Freeway in Murrieta.
The consumers evolving behavior with regard to mobile technology and online shopping has retailers seeing the value in tying together their physical shops with their online offerings, creating a seamless customer experience that’s the best of both. This is omni-channel retail, and it is shaking things up for retailers and the logistics industry.
Beverly Hills-based investment firm Unilev Management has acquired a 15,800-square-foot Hollywood strip center for $13.6 million in an off-market deal.
We’re excited to announce that the 2017 Top 2 / Commercial Elite incentive event will take place June 11-15, 2017 at the Ritz Carlton in Amelia Island, FL.
John True and Brent Case of Coldwell Banker Commercial Atlantic International brokered a $50 million deal for five seperate multi-family communities in the Charleston area.
Brandon Fugal, Chairman of Coldwell Banker Commercial Advisors (CBC Advisors) received the EY Entrepreneur Of The Year® 2016 Award in the Commercial and Residential Services category.
T.C. Macker, CCIM of Coldwell Banker Commercial WESTMAC represented the Buyer in the sale of a Santa Monica unentitled redevelopment property.