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San Antonio RE News

Commercial Real Estate Industry News Headlines | Bizjournals.com

Commercial Real Estate news
  • New Jersey Gov. Chris Christie officially began his campaign for the Republican nomination for president Tuesday with deep pockets in his corner. Atlanta-based The Home Depot Inc. (NYSE: HD) co-founder Kenneth Langone is at the center of a group bankrolling his run, Bloomberg is reporting. Langone has declined to say how much he's donated or might spend in the crowded race, but the 79-year-old financier sits atop a pack of boosters who remain loyal to the governor even as he hovers in the middle…

  • The mannequins aren’t dressed, the shelves aren’t fully stocked and the espresso machines at the in-store Starbucks aren’t steaming, but the new CityTarget in Boston’s Fenway neighborhood is gearing up for a July 22 opening. Click through the slideshow on the right to get a sneak peek at the new CityTarget, a concept which Target Corp. (NYSE: TGT) introduced in 2012 as a way to break into urban markets. The three-level, 160,000-square-foot store at 1341 Boylston St. is the first CityTarget…

  • The 47 office condo units in the Security Building in downtown Miami were sold for $23.5 million. Metro 1 Commercial’s Tony Arellano represented seller Capital Loft Miami, managed by Guy Sharon in Aventura. Whitehall Realty’s Devlin Marinoff represented the buyer, a partnership between Daniel Gohari, Rory Greenberg, Andrew Joblon, and Ricky Whitefish. The 16-story building at 117 N.E. 1st Ave. was built in 1926 and was designated a on the National Register of Historic Places. The seller in…

  • An affiliate of AutoNation sold a former dealership site in Fort Lauderdale to a developer who plans to build a Rooms To Go furniture store. Maroone Ford, an affiliate of Fort Lauderdale-based AutoNation (NYSE: AN), sold the 3.6-acre site for $6 million to SC 1413/RTG Ft Lauderdale. It’s located at 1413 N. Federal Highway. The buyer is a partnership between Stiles Corp. and RTG Furniture, the owner of Rooms To Go. It obtained a $6.15 million mortgage from Kettle Construction. The loan document…

  • Two of San Mateo’s biggest employers signed lease expansions this month to grow by nearly 50,000 square feet each to stay in the city. Software giant NetSuite (NYSE:N) and wearable camera maker GoPro (NASDAQ: GPRO) will each expand by about 49,000 square feet in buildings next door to each other – 2955 Campus Drive and 2855 Campus Drive, respectively. Both companies were represented by brokerage DTZ, which confirmed the agreements. For NetSuite, the deal gives the software company 165,000 square…