Archive for August, 2010
Brock Commercial Joins NAI Harcourts Partnership to Expand in South Australia
Aug 12th
NAI Harcourts, a joint venture between NAI Global and Harcourts International Limited, is expanding its presence across South Australia with the signing of Brock Real Estate’s commercial division in New Zealand. More >
NAI Las Vegas Merges Operations with The Sauter Companies
Aug 12th
Partnership Expands NAI Las Vegas Service Offering in Multifamily
NAI Las Vegas has entered a partnership with The Sauter Companies to merge staff and services and operate as NAI Las Vegas. The Sauter Companies brings more than 40 years of commercial real estate experience in the Las Vegas market to the partnership, expanding NAI Las Vegas’ service offerings in multifamily brokerage. More >
NAI Bluestone Real Estate Capital Secures $32.1M in Financing for the Navona at the Piazza and Dickinson Square in Philadelphia, PA
Aug 12th
NAI Bluestone Real Estate Capital, as correspondent to Greystone Servicing Corp, provided $29 million in Fannie Mae permanent mortgage financing for the Navona, the flagship apartment property framing the Piazza at Schmidt’s in Philadelphia, PA. Bluestone also closed a $3.1 million permanent mortgage for Dickinson Square, a medical office complex also located in Philadelphia. Both properties are owned by affiliates of Tower Investments, Inc. and its president, Bart Blatstein. More >
eCommerce Still Needs Physical Space
Aug 11th
In my recent blog posts I’ve been exploring the question, “As retail evolves, do retailers still need warehouse/distribution space?” As noted previously, American retailers occupy more than 5 billion square feet of warehousing/distribution space. And while leasing volume declined dramatically during the recent economic downtown, retailers do continue to extend and/or renew their lease holdings while reviewing their long-term warehousing strategies. More >
What Attracts a New Business to a City or State
Aug 10th
Many municipalities put a great emphasis on economic development, often creating whole departments that do nothing but attract new businesses and keep old ones. A good industry can put a city or state on the map and any municipality will look at quality of life issues such as keeping its citizens gainfully employed. More >
