Newmark Texas’ Post

Why are people moving to Lockhart? Reason #1 - Rich history and small town vibes Lockhart has a significant place in Texas history, preserving many well maintained buildings and landmarks that add a unique charm to the city. Since 2018, many young people have moved to Lockhart, renovating century old houses into boutique hotels or new restaurants. This is just one of the reasons why Lockhart is commanding average rents of $1.3 per square foot, higher than other Austin suburbs! Watch this video for more about investment opportunities in this growing town: https://bit.ly/3tQU1Wt Make sure you’re following us to keep up with the best residential real estate investment deals in Central Texas! #RealEstate #RealEstateInvestment #AustinTX #SanAntonioTX

Offers Due this Friday, July 28th for Oakbrook Village | 384 Units in Indianapolis, IN Watch the Video: https://lnkd.in/gn4f_Def Website: https://lnkd.in/gXmgiNcD Contact Hannah Ott, CCIM or Cameron Benz to discuss the deal. #multifamilyinvesting #midwestmultifamily #multifamily #cre #capitalmarkets #indianapolismultifamily #indianapolisrealestate #indianamultifamily

AMARCO acquires its second industrial property in the Midland-Odessa market located at 2230 E Murphy St, Odessa, Texas 79761. Spanning 4,980 square feet and built in 1981 on a 0.43-acre lot, this facility is proximate to Interstate 20, making it an ideal choice for businesses requiring access to the main arteries within the Midland-Odessa market. The property features two dock-high doors, one grade-level door, and a 16-foot clear height, enhancing operational flexibility and efficiency. This acquisition aligns with AMARCO's strategic vision of growth across the Midland-Odessa market. The property’s strategic location, combined with its functional features, positions it as an attractive prospect for businesses seeking a strategic operational base in Odessa’s dynamic market. AMARCO continues to leverage opportunities for growth and investment, navigating the evolving real estate landscape to maximize returns and drive success in key markets. #odessatexas #industrialrealestate #investmentgrowth

Seattle's industrial market remains attractive to investors, as a self-storage facility in Greenwood district was recently sold for $30 million ($199 per sq. ft.). InSite Property Group, an entity affiliated with the buyer, acquired the property from an entity linked to Thomas Nickerson, the managing member of Nickerson Properties LLC. The facility at 9309 Aurora Ave. N spans over one acre and comprises a 150,138 sq. ft. building, including warehouse, office, and basement storage space, built in 2019. InSite Property Group specializes in self-storage development, operations, acquisitions, and management across the U.S., with offices in several cities. Last year, they acquired Lake City Mini-Storage in Seattle for $18.5 million, further establishing their presence in the Puget Sound region. The Seattle industrial market witnessed robust growth in Q3 2023, with 37 property deals closing for a total of $172 million, averaging $232.40 per sq. ft. and a 6.07 percent capitalization rate, reflecting a 7.2 percent increase over the previous quarter, as reported in the Seattle Industrial Market Report by Kidder Mathews. #smartcap #redmond #kirkland #bellevue #seattle #industrial #warehouse #storage #sale #industrialrealestate #commercialrealestate

Kicking off the Holiday Weekend with a successful closing! We've just closed on a remarkable 103,795 SF STNL Industrial Warehouse with the potential for a 40,000 SF expansion. This property is located in the Virginia Beach-Norfolk-Newport News MSA. Our team is actively working with investors who are on the lookout for similar inventory in both the Midwest and the Mid-Atlantic regions. We're here to create a thriving market for your valuable assets, no matter where you are. Contact Julia Evinger for a complimentary Broker Opinion of Value and let us create a market for you. #cre #commercialrealestate #marcusmillichap #marcusmillichapevingergroup #marcusmillichapindianapolis #commercialrealestateinvesting #closeddeal #closed #justclosed #realestate #opportunity #industrialrealestate #building #industrialcre #virginiarealestate #investmentsales #investinrealestate

Seemless execution on the sale of an asset held for nearly 50 years into a simultaneous 1031 Exchange property meeting the sellers timing and investment objectives! Teamwork gets it done! #retailrealestate #industrialdevelopment #ripcorealestate #brooklynrealestate #nycrealestate #nycrealestate #propertyinvestment #cre #netlease #rebny #icsc

Congratulations to our investment sales team on the sale of 2350 E 69th Street in #MillBasin, Brooklyn! Stephen R. Preuss Sr., Gene Spiegelman, Kevin Schmitz and team successfully executed the sale of a waterfront industrial covered land opportunity along the Mill Basin waterfront. Details of the transaction are below:   Sale Price $8,850,000 Capitalization Rate 1.75% Price Per SF $184 “This is yet another covered-land execution continuing to show the appetite for investors to find not only quality opportunities with current shorter-term cash-flow but an ultimate value-add and redevelopment business plan for next cycle." – Vice Chairman, Stephen R. Preuss Sr. Contact our team for more information or for a Broker Opinion of Value for your property: Stephen R. Preuss Sr. (srp@ripcony.com) Kevin Schmitz (kschmitz@ripcony.com) Gene Spiegelman (gspiegelman@ripcony.com) #byripco #soldny #coveredland #brooklyn #soldbrooklyn #waterfront #commercialpropertiesforsale #streetsmartandmarketwise RIPCO

This week’s #OpportuntyZone Outlook: StarPoint Properties sold a 179,000 square-foot warehouse in Southern California’s Inland Empire for $49.5 million, after a three-year hold and forgoing the OZ benefits for this project. They will use the proceeds to invest in future projects.   Capstone Development Partners and Boaz Ventures announced they secured funding for their joint-venture project within a Huntsville, Alabama Opportunity Zone. OPAL Investments, a for-profit subsidiary of Opportunity Alabama, is the lead equity investor for this $60 million housing development.    Finally, Canyon Partners Real Estate and The NRP Group LLC announced a joint-venture partnership to develop a transit-oriented multifamily development in a Charlotte, North Carolina Opportunity Zone. To read: https://lnkd.in/etwPsuRV To subscribe: https://bit.ly/JillOZNews #OpportunityZones #taxcredit #OpportunityFund #taxincentive #economicdevelopment #finance #OpportunityFunds #familyoffice #RIA

The Cromwell Commercial Group might seem like a new name around town, but the people that make up our team are anything but new to commercial real estate. Learn more about who Cromwell Commercial Group is, and the services we provide - https://lnkd.in/gZR77_H2 #alegacyofresults #commercialrealestate

Always rewarding for Lisa Earnhardt and I to help our clients with site selection and purchase. Industrial land? We can help you with that. Real Estate on a Mission #changinglives #expcommercial #rocketcitycommercial #industrialland