Ray Germain

View All Tags
  • Las Vegas 644 KSF Site Changes Hands

    Marcus & Millichap represented the seller in the transaction, which hit a record-high price of $18.5 million. The Las Vegas Strip is nearby, as is the planned future home of the NFL's Las Vegas Raiders.

    Las Vegas 09 October 2017 17:07
  • Walgreens on the Strip Hits the Market

    Marcus & Millichap recently announced that it has begun marketing for a Walgreens drugstore located on the famous Las Vegas Strip. The commercial real estate investment services firm has the exclusive right to offer the net-leased property up for sale. Although the price is currently set as open bid, the asset is set to fetch a purchase fee around the $40 million mark, industry specialists estimated. The selling entity is a joint venture that includes Harbor Group International

    Las Vegas 16 January 2015 03:47

You May Also Like

  • Full House at Boston Landing’s 20 Guest St.

    Global Atlantic Financial Group relocated its regional offices to mixed-use development Boston Landing, bringing one of its Class A office buildings to full occupancy.

    12 May 2017 20:01
  • NAR Promotes New CEO

    Current Senior Vice President Bob Goldberg succeeds Dale Stinton, who is retiring after having served as CEO for 12 years.

    27 June 2017 15:23
  • Walker & Dunlop Secures $15M Loan for Pittsburgh Hotel

    The company worked on behalf of the borrower, Reception Hotels and Resorts LLC, to provide the three-year, non-recourse construction loan. Reception Hotels and Resorts purchased the fifth and the sixth floors for the hotel.

    02 October 2017 17:11
  • Ohio State University Announces $1B Energy Management Project

    The 50-year contract was awarded to ENGIE North America and Axium Infrastructure and will include the construction of a new energy advancement and innovation center to improve the university's energy efficiency by 25 percent within ten years.

    11 April 2017 19:24
  • Clearwater Office Park Lands $6M Refi

    Grandbridge Real Estate Capital’s Vice President T.J. Ownby arranged the permanent, fixed-rate financing for the three-building complex, known as Belcher Commons.

    16 June 2017 14:16
  • Crawford & Co. to Relocate to Atlanta Suburb

    TPA Group negotiated $13.7 million refinance loan for Crawford & Co.’s new corporate headquarters in Peachtree Corners, Ga. The 109,172-square-foot facility will undergo a renovation process that includes rebuilding the lobby, updating the workspace layout and adding additional parking.

    16 May 2017 09:01
  • Leasing Starts at Clarion’s Suburban Philly Office Building

    The Class A asset is located at 1475 Dunwoody Drive in West Chester, Pa. and is now opening its doors to new tenants for the first time since its completion in 1999.

    08 June 2017 11:42
  • Piper Jaffray Renews Lease, Relocates to AZ Camelback Esplanade

    Lee & Associates brokered the 3,900-square-foot renewal, relocation and expansion for the lessee. CBRE worked on behalf of LBA Realty, the landlord.

    11 October 2017 15:52
  • Quantum Capital Secures $50M Retail Refi

    The loans will refinance a Walmart-anchored shopping center in Torrance, Calif. and four fully leased retail buildings in Beverly Hills, Calif.

    08 June 2017 17:15
  • Economy Watch: Hotel Development Still Strong

    Hotel planning and construction in the U.S. grew again in May, with more than half a million rooms under contract across nearly 5,000 projects, according to a recent STR report.

    16 June 2017 13:02