Industry insights, market outlook reports and commercial real estate
news, and trends from the Coldwell
Banker Commercial brand.
Coldwell Banker Commercial NRT sales associates MJ Ridenour and Robert Wainland recently sold 3 single tenant net leased properties totaling $18,796,873.
George Chao of Coldwell Banker Commercial NRT has been named to Asian Real Estate Association of America’s 2016 A-List Top Producers. Congratulations, George!
David Hunter, commercial director for the Central Florida office of Coldwell Banker Commercial NRT, will join a list of expert speakers at RealShare Central Florida on Sept. 7. He’s a panelist on the Active Areas: What’s Driving Commercial Real Estate session. GlobeSt.com caught up with Hunter to find out more about what he’s seeing ahead of the conference.
Media Inquiries:Gary MarquisPhone: 949.683.1502Email: gmarquis@cbcsocalgroup.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.