Industry insights, market outlook reports and commercial real estate
news, and trends from the Coldwell
Banker Commercial brand.
Coldwell Banker Commercial represented the seller in selling a Parkway Pointe retail property in Springfield, Ill—the property sold for $2.25 million. Blake Pryor, a commercial real estate professional with Coldwell Banker Commercial Devonshire Realty, represented the seller.
The first half of the year was uncertain as the U.S. began emerging from the cloud of a global pandemic. Not only did the economy need to get re-started, but businesses across the country also sought new ways to energize their brand.
Coldwell Banker Commercial announced five brokerages joined the brand in the first half of 2021. Nationwide growth in the first half of 2021 also includes additional leadership roles in expanding markets.
Coldwell Banker Commercial announced today that three of the brand’s brokerage professionals, Michael Salik, Virginia “Ginny” Squire and Rob Thomas, were awarded the Certified Commercial Investment Member (CCIM) designation by the CCIM Institute, one of the leading commercial real estate associations in the world.
Coldwell Banker Commercial is pleased to announce that David Lowry has joined Coldwell Banker Commercial NRT in the Mid-Atlantic region and partnered with Coldwell Banker Commercial NRT agent Roman Tsimberg.
Coldwell Banker Commercial NRT represented the buyer of a 16-unit multifamily property at 150 — 154 Monterey Rd. in South Pasadena, Calif—the property sold for $6.1 million. Robert Ip, a commercial real estate professional with Coldwell Banker Commercial NRT, was the broker on the transaction.
Coldwell Banker Commercial represented both the seller, Cedar Island LP, and the buyer, MBM Developments, LLC of a development site in a transaction valued at $1.4 million. The property is located at 7922 East Dr. in North Bay Village, Fla.
Coldwell Banker Commercial is pleased to have represented the buyer in acquiring an office building located at 280 Lincoln St. in Allston, Mass. The transaction was valued at $2.5 million. Todd Glaskin, a commercial real estate professional with Coldwell Banker Commercial NRT, represented the buyer in the transaction.
Coldwell Banker Commercial (CBC) announces the sale of two separate industrial properties in Chicago for a combined sale price of $1.6 million. James Hodur, Coldwell Banker Commercial NRT senior commercial executive, and Coldwell Banker Commercial NRT associate Benjamin Miotti both represented the seller.
Coldwell Banker Commercial represented both the buyer and the seller of a warehouse/distribution building located at 1000 W. Main St in Manchester, GA. The sale price was undisclosed. Ernie Smallman IV, CCIM, with Coldwell Banker Commercial Kennon, Parker, Duncan & Davis, represented FW Logistics and Global Track Warehouse.