Featured Distressed Commercial Real Estate & NNN Properties


Distressed Commercial Properties – Commercial Real Estate over $1.000,000
Great deals on Select Florida Distressed Commercial Properties.
Distressed Commercial Real Estate can be obtained at 20% of Original Sales Price.
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Sunday, May 31, 2009

Heron Pond II Apartments opens in Lehigh Acres

LEHIGH ACRES - Carlisle Development Group just announced the grand opening of its Heron Pond II Apartments.
These new development is a senior affordable community, at 8421 Heron Pond Drive, in Lehigh Acres.
The price tag was approximately $14 million. This development consists of 60 one-bedroom units and 40 two-bedroom units.
The monthly rent is estimated to be under $500.
Lehigh Acres is 48 miles to Naples, Florida.

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Wednesday, May 27, 2009

Sale of 4.8 acres in Fort Myers

FORT MYERS - 4.8 acres on Plantation Road in Fort Myers was purchased by Gulf Coast Medical Park LLC. Intermed II LLC sold the property for $2,725,000.
The land is located by the Gulf Coast Medical Center expansion on Daniels Parkway.
Jim Garinger, CCIM, SIOR, Andrew Falde, CCIM, and Karen Johnson-Crowther with Colliers Arnold represented the seller. Magnus Karlstedt of MK Construction and the late Robin Wright of Woodyard and Associates represented the buyer.
Gulf Coast Medical Park will be a 54,000 sf medical office park consisting of four buildings.
This project has been pre-leased or pre-sold to a combination of users and investors.
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Tuesday, May 26, 2009

Professional Centre at the Gardens Mall

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West Palm Beach, Florida - Our Net Lease Properties information today is from Palm Beach County, Florida. We would like to report that a net leased Office Building has signed up a new Tenant for a lease. One of South Florida's leading commercial real estate firms has found a viable net leased tenant for a space in Palm Beach Gardens, Florida. The Florida Commercial Real Estate firm is NAI/Merin Hunter Codman Incorporated. NAI/Merin Hunter Codman Inc. has offices in West Palm Beach, upscale Boca Raton, the prestigious town of Palm Beach and Palm Beach Gardens.

This Commercial Real Estate firm helped to land a Tenant for the Professional Centre at the Gardens Mall. Coastal Sotheby’s International Realty will be leasing office space at the Professional Centre. Coastal Sotheby’s International Realty is taking approximately 4,211 square feet. This net leased Office Building is located at 11601 Kew Gardens Avenue, in Palm Beach Gardens, Florida. The Professional Centre at the Gardens Mall has the zip code of 33410.

The Professional Centre at the Gardens is a gorgeous two-story Class B office building that has some NNN Leases. This NNN Commercial Real Estate development consists of four office buildings that are approximately 22,111 square feet. This NNN Commercial Real Estate development has an excellent location, in the Heart of the growing Palm Beach Gardens community. This are of Palm Beach Gardens is an ideal location for a 1031 Exchange replacement property also. The Professional Centre at the Gardens Mall benefits from very easy access to the upscale Gardens Mall.

The Gardens Mall in Palm Beach Gardens, is a very luxurious retail shopping center. This retail shopping center is approximately 1.5 million square feet. This Florida Retail Shopping Center keeps having updates to the outstanding designed space. This Florida Retail Shopping Center has 160 fine specialty shops, and is anchored by Nordstrom, Saks Fifth Avenue, Bloomingdale's, Macy's and Sears. The Retail Shopping Center sits on PGA Blvd. and has very easy access I-95.

The highly anticipated Gardens Mall was completed in 1988 This Florida Retail Shopping Center has maintained their spot on the list of world-class shopping destinations in the Country. As mentioned it was beautifully designed with a blending of award-winning architecture, fine art and lush landscaping with popular amenities. This Palm Beach Gardens Retail Shopping Center is host to many signature events. Also with their retail variety, The Gardens Mall is a premier shopping destination for Palm Beach County.

Other major Retail Shopping Centers nearby are Legacy Place, Downtown at the Gardens, Midtown and the well designed PGA Commons. These net leased Retail Shopping Centers are are conveniently located off of PGA Boulevard and near the I 95 freeway and the Florida Turnpike.

Contact Net Lease Properties to sell your net lease properties, or purchase NNN Property.

If you are ready to purchase Commercial Real Estate or a Triple Net Leased Property, you can apply for Commercial Loans at Loanrise.com.

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Monday, May 25, 2009

$9.5 Million Financing for Galleria Mall

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Miami Beach, Florida - Our Net Lease Properties news is from the exciting Miami Beach area. The downtown area of Miami business district and the Coral Gables, Florida area are primed spots for triple net lease properties to invest in. Obviously, Investment Property financing is an important aspect of net lease properties. CTL Financing for net lease properties and retail shopping centers with quality Tenants is still available.

We want to report the Galleria International Mall received funds from Commercial Mortgage Lenders. The net leased retail shopping center was offered financing for the amount of $9.5 Million. This Commercial Loan has an mediocre rate of 6.75% and a has five-year term. This Investment Property financing is based on a 25-year amortization schedule. The attractive part for the Commercial Mortgage Lenders is that this is a 50$ LTV (Loan to Value). The Downtown Miami net leased property is a unique investment property. The net leased property is near the Wachovia Financial Center, BankAtlantic and Starbucks net lease properties.

This net leased property is anchored by an excellent Tenant, Marshall's. The Miami Investment Property, the Galleria International Mall features Tenants selling clothing and sporting goods, electronics, and specialty goods. The net leased property has approximately 79 stores in this downtown shopping center. Their are a range of discount retailers including The Dollar Depot, Computer Stop, Mina Clothing of New York, Benneton Factory Outlet, and Brahams Outlet to service Downtown Miami.

This net leased property also services plenty of visitors from South America, Europe, and other exotic locations. The net leased retail shopping center offers a wide variety of food retailers from around the World. The Miami NNN Commercial Real Estate for collateral of the commercial loan is three-levels. The Miami Investment Property is approximately 165,1128 square feet of retail and offices. The net leased property is located at 251 East Flagler Street. The Miami Investment Property is conveniently situated on the well traveled Flagler Avenue. This retail shopping center is about a couple of blocks from Biscayne Boulevard and close to South American Way. This well known retail district helps fuel the Galleria International Mall with retail traffic.

If you are prepared to purchase Commercial Real Estate, you can apply for Commercial Loans at Loanrise.com.

Contact Net Lease Properties to purchase NNN Property or for 1031 exchange replacement properties in these areas.

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Saturday, May 23, 2009

Wright, Fulford, Moorhead & Brown PA. find a new office

ALTAMONTE SPRINGS - The 21,234 sf office building at 505 Maitland Ave. in Altamonte Springs was bought by OFFICECO LLC for $2.375 million.
Chuck Mitchell & Trent Scott of First Capital Property Group Inc. represented the buyer, meanwhile Michael Calhoun of Maitland Realty Company represented the seller, Eula Scott LLC.
This building will be the new office of the law firm Wright, Fulford, Moorhead & Brown PA.
Wright, Fulford, Moorhead & Brown is a Florida law firm. They practice in the areas of construction law, construction litigation, lien foreclosures and breach of contract.

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Friday, May 22, 2009

Restoration Hardware Opens Retail Space in Florida

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Destin, Florida - We have Net Lease Properties news on an outlet, retail shopping center. The Company headquarters of Restoration Hardware Inc. has announced their celebrated and grand opening of its first Clearance Center. This retail net lease space is approximately 12,000 square-feet, in Destin, Florida. Restoration Hardware Inc. will be housed in the Southeast at Silver Sands Factory Stores. This specialty retailer looks like a high end hardware store. The area of Destin is a beautiful, peaceful community.

Destin, Florida has a nice blend of permanent residents and visitors who have very sophisticated tastes. These types of clients appreciate the quality and value of Restoration and help fuel local NNN Commercial Real Estate. The retail shopping center,Silver Sands Factory Stores, is located just east of Destin. This retail shopping center contains over 100 factory direct stores and approximately 465,079 square feet of retail space. This net-leased retail space is filled with designer merchandise at up to 75% off the retail price.

Restoration Hardware feature textiles, bath hardware, lighting, bedding and home decor with great gift ideas. The net-leased tenant, Restoration Hardware will have 40% to 90% off the original price at the Outlet. Restoration Hardware does offers upscale home supplies at an affordable price with fine quality. Restoration Hardware currently operates more than 100 retail stores and outlet store locations in the United States and Canada. Restoration Hardware was founded nearly 30 years ago and has become one of the leading purveyors of fine home furnishings and various materials that were found in old-time hardware stores.

Some NNN Commercial Real Estate investors wonder what to do with vacant retail space. In Destin there as an empty shopping center and an Investor had a vision. This NNN Commercial Real Estate investor wanted this property to become the nation's largest designer outlet center. Visionary commercial real estate developer Keith Howard began this project and took it to five phases for retail net leases. Keith Howard saw long before Silver Sands Factory Stores 1992 opening that there was a tremendous potential to capture an exploding market of shoppers, along Florida's soon to be discovered and loved Gulf Coast. We congratulate the Commercial Mortgage Lenders for seeing the potential of this area.

The Florida Gulf Coast Retail Shopping Center has nearly seven million visitors a year shopping there. Retail foot traffic can browse such distinguished designer stores as Coach Factory, Polo Ralph Lauren Factory Store, Banana Republic Factory Store, Ann Taylor Factory Store, Sony, Brooks Brothers Factory Store, Bose, Tommy Hilfiger, Nike and Reebok. There are plenty more to shop at and some exciting restaurants. This impressive collection of true designer names makes Silver Sands a very popular and favorite shopping destination for many People.

Now the Howard Group is a leader in emerging retail trends and mixed-use Town Centers. The commercial real estate company, Howard Group continues to set the industry bar for exceptional commercial real estate developments on Northwest Florida's Gulf Coast. In all of Howard's development projects, ranging from upscale residential communities to commercial parks and retail ventures, he sees that aesthetics and community appeal are maintained. This strategy is particularly noticeable at the retail shopping center, Silver Sands Factory Stores. This Retail Shopping Center offers a particularly inviting shopping atmosphere with the conveniences. This Retail Shopping Center has plenty of parking and covered walkways that allow shoppers to leisurely tour the commercial property.

We have NNN Commercial Real Estate Buyers for retail properties, and need 1031 Exchange property replacements. Contact Net Lease Properties to sell your net lease properties or purchase NNN Investment Property.

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Wednesday, May 20, 2009

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Tuesday, May 19, 2009

Avalon Park Expands its Orlando Commercial Development

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Orlando, Florida - The NNN Commercial Real Estate news is from the exciting area near Orlando. There is a Commercial Real estate Development which is approximately 1,860 acres. The fine Commercial Real Estate development is known as Avalon Park and located in east Orlando. This Florida Commercial Real Estate Development consists of a 100 acre Town Center, around 4,023 single family homes and townhomes, five schools and five churches for worshiping.

Orlando NNN Commercial Real Estate Development

The Florida Commercial Real Estate developers were very decisive with their land portions. The NNN Commercial Real Estate team discovered that aside from the commercial real estate space which is being built, Avalon Park has roughly 243 acres of wetlands, 416 acres of upland preserve and 257 acres of man made lakes. This area of Florida has some beautiful lakes however many NNN Commercial Real estate Developers build man made lakes as well.

Avalon Park Net Leased Properties

Recent reports saw the director of leasing and business development for Avalon Park Group, has negotiated three new net leased properties agreements. The excellent Director of business development negotiated a retail net lease agreement with In Style hair salon for about 3,843 square feet of space. In addition three is a new net leased property for the Davis Bakery for about 1,525 square feet.

Orlando Net Leased Properties

These Orlando Net Leased Properties are both situated in the Downtown Avalon Park commercial real estate development. This Florida Commercial Real estate development has the net leased properties sitting on Avalon Lake Drive. This is a fantastic illustration of bringing in some income with NNN Commercial Real Estate in Orlando and Florida overall. The Florida Car Insurance Company is looking at retail space in the area.

Avalon Park History in Orlando

The Commercial Real Estate Development in downtown Avalon Park happened from the ideas of Beat Kahli. The genius is the, President and CEO of Avalon Park Group (APG). The Orlando Commercial Property was developed as a key piece to the 1,840 acre master-planned development which started in 1996.

This Downtown Avalon Park all started with the initial developed construction of Clock Tower at Avalon Park back in the year of 2000. The NNN Commercial Real Estate team saw that two story commercial mixed-use building as the anchor Tenant for the new downtown area. This initial Orlando Net Leased Property functioned like a gathering place for the initial owners of Avalon Park properties.

Avalon Park Commercial Property Growth

The Net Leased Properties of Florida saw an increase at the Downtown I development at Avalon Park. That portion of net leased properties started construction around 2003. That portion of Avalon Park was seen to be the first phase of the community’s town center. This section of the Florida Commercial Real estate Development was comprised of a four story mixed-use net leased retail building coinciding with residential units.

Florida Mixed-Use Developments

These were unique commercial property floor plans which were capable to allow for a wide range of retail businesses, from eclectic shops to various types of restaurants. This Florida Net Leased Property Development offered beautiful architectural styles and a design to promote walking and along with improved forms of socializing with neighbors.

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Monday, May 18, 2009

Stonebrook Apartment Homes $14 Mil financing

ORLANDO - CB Richard Ellis just announced that Dennis Jimenez, V.P. with CB Richard Ellis Capital Markets Group, has arranged financing. The amount of $14,050,000 on behalf of a venture between Canadian and Florida-based investors for the acquisition of Stonebrook Apartment Homes, in Sanford. Sanford is just north of Orlando.
Great terms for the financing included a 10-year loan with 30-year amortization, a fixed-rate of 5.62% and a loan to purchase price of 78%.
Stonebrook Apartment Homes is a 356-unit garden-style apartment community constructed in two phases in 1991 and 2001, with a net rentable area of 352,200sf.
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Sunday, May 17, 2009

Palms at Town & Country to include Loehmann's

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Miami Beach, Florida - Our Net Lease Properties information is from the exciting, vibrant Miami Beach area. A Miami Net Leased Property is having a major renovation. The Net Leased Property is owned by TIAA-CREF. The Miami Net Leased Property is called the Palms at Town & Country. Initially the redevelopment is an addition of a Nordstrom Rack, which will net lease possibly 33,799 square feet. Previous reports on this Nordstrom Rack was that they would lease 26,757 square feet of this net leased property. The redevelopment stage with Nordstrom Rack should open sometime in October of 2009.

The Miami Net leased Property, Palms at Town & Country, is a 400,123-square-foot, open-air retail shopping center. This NNN Commercial Real Estate development is currently under construction. The Miami Net leased Property is located at 8268 Mills Drive in Kendall, a growing suburb in Miami Dade County.

Nordstrom Rack will sell apparel and accessories for men, women and children at this open-air Mediterranean-themed retail shopping center. Nordstrom Rack is normally in business, selling apparel and accessories at 30% to 70% off the standard retail price. Nordstrom Rack has been in net lease properties in the Seattle, Washington and California area for over a decade.

The Miami Net leased Property, the Palms at Town & Country is being redeveloped by Flagler Development Group. The commercial real estate developer, Flagler Development Group, is very experienced. The Coral Gables-based Flagler Development Group owns, develops, leases and holds in joint ventures over 9.1 million square-feet of Class-A office and industrial property space. The commercial real estate developer also is involved with an additional 1.2 million square-feet of property that is currently under construction.

Coral Gables-based Flagler Development Group space consists of Class-A office and industrial properties, primarily in Jacksonville, Orlando, Ft. Lauderdale and Miami. Flagler Development Group also owns 921 acres of entitled Florida Commercial Real Estate land. This Florida Land is held directly and through joint ventures (JV), which is available for development of up to an additional 16.5 million square-feet.

The Miami Net Leased Property will have an excellent list of Tenants when completed. The new Florida lifestyle center will house fine restaurants and specialty stores. This retail district is referred to as the new “Downtown Kendall”. The Palms at Town & Country began leasing to retailers such as New York & Company, Marshalls, Men’s Wearhouse, Kohl's, Nine West Outlet, Publix, Kirkland’s, Outback Steakhouse, Toys “R” Us, CVS Pharmacy and 24 Hour Fitness.

This Miami Net Leased Property features a Professional - Medical Arts Center and a cozy boutique hotel overlooking one of Miami-Dade County’s most pristine lakes. The Miami retail shopping center is situated on a 75 acre Florida parcel. The Miami Net Leased Property is ideally positioned at the junction of the high traffic area with the Florida Turnpike and Kendall Drive. We are not aware of the Net Lease Funding for the current construction phase on the Miami net leased property.

The net leased property owner, TIAA-CREF is one of the largest institutional commercial real estate investors in America. These commercial real estate investors manage a global investment property portfolio totaling over $65 billion. TIAA-CREF originated its first commercial loan in the year of 1934 and then started to invest in NNN commercial real estate in 1947. Today, TIAA-CREF Global Real Estate invests in and actively manages commercial real estate on behalf of individual clients and institutional clients across the globe. TIAA-CREF's Global Investment property portfolio consists of over $22 billion in equity investments in office buildings, retail net lease properties, and industrial properties situated across the United States, Canada and Western Europe.

Contact Net Lease Properties to purchase NNN Property.

Contact Us for:
Triple Net Lease Properties
New Development for National Tenants
Investment Property For Sale
Net Leased Properties
1031 Exchange Property Solutions
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Friday, May 15, 2009

Lakeland's Palm Center is sold

TAMPA - RMC Property Group announced the sale of Palm Center, a 132,000sf retail shopping center anchored by Beall’s Department Store, Beall’s Outlet and Tuesday Morning.
Odyssey (IX) Commercial DP IV LLC acquired the property, at the northwest corner of Highlands Drive and South Florida Avenue in Lakeland.
The seller, Lakepalm Shopping Center LTD, is an affiliate of RMC and was represented by RMC Property Group. Century Retail represented the buyer.
This would be the ideal property if it sat on a "Signalized Corner".

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Thursday, May 14, 2009

State Capital Catches Multifamily Break

Written By Carl Cronan
TALLAHASSEE, FL-Long-term prospects for economic growth and a strong government employment component bode well for the state capital’s multifamily market, according to a report by CB Richard Ellis. The jobless rate for Leon County measured 6.8% in March, well below the 9.7% statewide average.
More than 18,000 rental apartments are available in the Tallahassee market, with a current vacancy rate of 12%, CBRE reports. Units average 1,025 square feet with an average rent of $950 per month.
“Tallahassee’s housing market depression has been relatively mild compared to other cities in Florida,” says Dan Allen, vice chairman of CBRE’s Jacksonville office. “State government, health care and defense sectors are providing a degree of job stability for Leon County.”
Government employs the highest percentage of workers in Tallahassee at 36%, with professional and business services and education employing around 11% each. The city’s largest employers are Florida State University, Tallahassee Memorial Health Care and Florida A&M University.
Nearly 177,000 people worked in the Tallahassee metropolitan area--consisting of Leon, Gadsden, Jefferson and Wakulla Counties--in March, according to the Florida Agency for Workforce Innovation. The average local salary is $31,180.
The city’s living and business costs are lower than the state average, softening the blow for smaller businesses, Allen says. Local companies in growth mode include General Dynamics Land Systems, which has hired at least 200 workers since last summer, and Tai Yang Research Co., which was awarded a US Navy contract to develop high-temperature superconducting equipment.
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Monday, May 11, 2009

Bimini Capital Posts Operating Profit

Written By Carl Cronan
VERO BEACH, FL-Locally based Bimini Capital Management Inc. on Monday posted first-quarter earnings from continuing operations of $1.9 million, compared with an $800,000 loss for the same period last year. On a consolidated basis, the OTC-traded REIT reported net income of $2.2 million, up from a net loss of $5.1 million a year ago.The income gain included net interest income of $1.3 million, along with a $1.1-million realized gain on the sale of mortgage-backed securities. The company says it sold $105.5 million worth of MBS during the first three months of 2009.

Also in the first quarter, Bimini Capital estimates it incurred a loss for REIT tax purposes of $1.4 million, resulting in a cumulative tax net operating loss carryforward of $22.5 million. As of March 31, the company says, it has approximately $69.6 million of REIT tax capital loss carryforwards.

“We believe we are making significant strides to position the company for recovery,” Robert Cauley, chairman and CEO of Bimini Capital, stated in a release. He noted that the first-quarter operating profit is its first since the end of 2007.
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Thursday, May 7, 2009

Atlantic Retail Properties has Net Lease with Solantic

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Jupiter, Florida - Our Net Lease Properties news today comes from Jupiter. The Jupiter which is in the beautiful Palm Beach County Florida. We wanted to report that Solantic Walk-In Urgent Care Center have a net lease in Jupiter, Florida. Jupiter is a gorgeous town, with many valuable triple net lease properties, Retail Shopping Centers and Office Buildings. Recently there is a growing demand for Medical Office Buildings (MOB).

Solantic is situated in many net lease properties that have state-of-the-art clinics. Solantic strives to make it easier for Florida patients seeking immediate healthcare services like a pre-op physical, an immunization for travel abroad or sutures for a workers' comp injury. Solantic has many walk-in urgent care centers in the greater Jacksonville area. Many patients have come to believe that Solantic has affordable and convenient healthcare services operating out of Florida net lease properties.

Solantic began in June of 2001, and opened their initial Solantic urgent care center in February of 2002. Solantic is Florida’s fastest growing, physician staffed, with their convenient Medical Office Buildings and health care clinics. Solantic recently received a $100 million investment from a private equity firm. With this private equity firm's investment, Solantic does plan to net lease more than 36 clinics by the end of 2009. Solantic Walk-In Urgent Care Center reports that you do not have to wait days, or weeks for a quality doctor's appointment. Just walk-in to any Florida Solantic urgent care center and they will take good care the patient.

Atlantic Retail Properties did execute the net lease for Solantic Urgent Care. Atlantic Retail Properties exclusively represents Solantic throughout the state of Florida except for in Orlando. Atlantic Retail Properties continues to search for new freestanding net leased properties on behalf of their client, Solantic. Atlantic Retail Properties is searching for NNN Commercial Real Estate in new and existing commercial real estate markets.

Atlantic Retail Properties represents many fine Tenants for triple net lease properties available in Florida and the southeast. Some of the clients include BJ's, Burlington Coat Factory, Barnes & Noble, HH gregg, JoAnn Stores, Ethan Allen, Off Broadway Shoe, ACE Hardware, Petco, Dollar General, Pep Boys, Bike America, Family Christian Stores, Mattress Firm, TD Bank, Solantic, Leslies Swimming Pool Supplies, Energy Kitchen, and Vitamin World. Atlantic Retail Properties has great Tenants that net lease property for restaurant use that include Maggiano's, Romano's Macaroni Grill, Chili's, JuiceBlendz and Tijuana Flats.

We have investors who seek high-quality retail shopping centers, grocery-anchored centers, and triple net lease properties. Our investors are prepared to purchase your net lease properties with long-term net leases.

Contact Net Lease Properties to sell your net lease properties, purchase NNN Property or 1031 exchange opportunities.

If you are ready to purchase Commercial Real Estate or a Triple Net Leased Property, you can apply for Commercial Loans at Loanrise.com.


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New York Life Signs a Net Lease at Class A Office Building

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Fort Lauderdale, Florida - The Net Lease Properties news is regarding a significant net lease offered up in the Fort Lauderdale area of sunny South Florida. The Net Lease properties news staff wants to report of one of Broward County’s largest office net lease agreements of this present year. The Net Lease Properties agreement was properly put together with the help of Stiles Realty. This NNN Commercial Real Estate Group had a short while ago proclaimed that the New York Life Insurance Company had agreed upon a 28,230 square foot net lease.

Broward County's First Silver LEED Certified Net Leased Office Building

The newly signed net lease is in the western are of Broward County. This is a beautiful Multi-Tenant Office Building with plenty of nearby dining and shopping. The New York Life was prepared for instantaneous occupancy at the Lake Shore Plaza II in Florida. New York Life has been announced to be the signature net leased property tenant at this gorgeous Class A office building. This prime NNN Commercial Real Estate development is Sunrise's.(Broward County, Florida) First Silver LEED Certified Multi-Tenant Office Building. This location is nearby the Florida Car Insurance Company who also has Estate Planning and Florida Life Insurance quotes.

Florida NNN Commercial Real Estate Developments

The agent for Stiles Realty leasing Group represented the owner in this premier net lease property transaction. The NNN Commercial Real Estate Broker mentioned that New York Life will be able to make the move its South Florida general office from their previous net lease property location in the Cypress Creek area. The Sunrise area is being set up for Business, retail net lease properties and residential single family and condominium developments. There is not much in the way of Distressed Commercial Properties For Sale in this area.

Sawgrass Mills Outlet Mall and The Colonnade Outlets

The Sunrise Florida area has one of the largest outlet malls in the Country, the Sawgrass Mills. Sawgrass Mills Mall has premium stores such as TJ Maxx, Saks 5th Avenue, Legal Seafood, PF Chang’s and Cheesecake Factory. Now there is The Colonnade Outlets at Sawgrass which offers an completely unique collection of style defining stores such as David Yurman, Burberry’s, Coach, Movado, Neiman Marcus, and Crate & Barrel, The Net Lease Properties tenants can dine in a very sophisticated foliaged, open-air promenade.

Net Lease Properties Tenants and Agreements

The Broward County area net lease in Sunrise is a ten year net lease. This net lease agreement has a move in date that New York Life can start coming in for the month of August. This net lease property agreement allows New York life to take the entire floor, with an agreement for plus additional space, using their 130,000 square feet in the fantastic Sunrise Commercial Property. It appears that Cushman & Wakefield’s Commercial Real Estate Broker represented New York Life in this net lease property business deal.

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Wednesday, May 6, 2009

Unsecured $372M Federal Realty Loan

By: Tonie Auer, Contributing Correspondent/CPN Online
Despite credit still playing hard-to-get, several REITs have recently managed to get their hands on sizable financing deals. The latest firm to add its name to the list of firms receiving funding is Federal Realty Investment Trust, which just closed a new $372 million unsecured term loan facility.
Less than two weeks ago, CPN reported that H&R Real Estate Investment Trust secured C$425 million in financing to complete construction of a 58-story office tower in Downtown Calgary, Canada. The 42-month financing was provided by a syndicate of lenders led by RBC Capital Markets and TD Securities.
Wachovia Securities and PNC Bank N.A. acted as lead arrangers for the loan. J.P. Morgan Chase Bank N.A., Regions Bank and SunTrust Bank acted as co-documentation agents. Bank of America N.A., Royal Bank of Canada, Chevy Chase Bank, F.S.B., Citicorp North America Inc., Comerica Bank and Raymond James Bank F.S.B. are all lenders for the transaction.
What makes the Federal Realty deal unique is the unsecured terms. For many real estate companies these days, secured financing is the most--if not only--viable route for obtaining loans. "The market for senior unsecured debt financing has been generally unavailable to REITs during 2008," Liberty noted in its annual report.
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Monday, May 4, 2009

NHL Florida Panthers Owners propose development project

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Sunrise, Florida - Our Net Lease Properties news jumps into the west Broward County of Florida. A large Commercial Real Estate Development project is being planned. Residential, Retail, Hotel and Office Space is proposed for the surrounding area of the BankAtlantic Center in Sunrise. The start of the Commercial Real Estate Development would be 4,800 residential units. To service the residential owners, the plan calls for 950,000 square feet of retail space for triple net lease properties. Also the City of OZ would be able to accommodate plenty of Tourists with 1,450 hotel rooms to built in this Commercial Real Estate Development. The Commercial Real Estate Development is projected to allow 1.85 million square feet of office space to be leased and a Broadway-style theater. The Broadway-style theater would be more than three times the size of the Broward Center for Performing Arts.

This commercial real estate development, that owners of the Florida Panthers hockey franchise are now proposing, will be named “Oz“. The plan is use the 139 acres that surround the BankAtlantic Center in Sunrise.

The Hockey Teams' parent company, Sunrise Sports & Entertainment (SSE), are talking about details of the Commercial Real Estate Development plan. Team owners have been meeting with local Florida government officials to view their level of acceptance for the entertainment and the much anticipated commercial district.

The City of Oz with it’s dynamic stature will be a great place to lure new Fortune 500 companies. According to the City of Oz Web site, the project would create an estimated 13,478 total new jobs in South Florida with a $226 million annual payroll at the job site.

The nearby Sawgrass International Corporate Park houses about 4 million square feet of commercial space on 612 acres. An example of available net lease properties is a building that is a tilt wall concrete construction. The net leased property has a steel bar joist roof system with 3,213 square feet of NEW office space that was just completed. These types of Mixed-use commercial properties accommodate Tenants who need clear height in a warehouse that is 24'. There are 9 dock doors available and full fire sprinkler protection in many of the mixed-use net lease properties in the Sawgrass International Corporate Park. The Sawgrass International Corporate Park has excellent access to I-595, the Sawgrass Expressway, and I-75 for Ft. Lauderdale and Hollywood Florida traffic. A NNN Commercial Real Estate Development benefits greatly with this type of daily retail traffic.

NNN commercial real estate investing can be extremely rewarding, financially and personally, so if you are searching for your triple net lease properties, Search Net Lease Properties now.

Here are some net lease properties that may be available:

Aaron Rents Net Lease Properties
Bimbo Bakery Distribution Centers
FedEx Freight Distribution Centers
Flowers Foods Net Lease Properties
Best Buy Net Lease Properties
Big 5 Sporting Goods Net Lease Properties
Burger King Net Lease Properties
CVS Pharmacy Net Lease Properties
Dollar General Net Lease Properties
Haverty's Net Lease Properties
Ingle's Net Lease Properties
Jack in the Box Net Lease Properties
PetSmart Inc. Net Lease Properties
Tractor Supply Co. Net Lease Properties
U.S. Bank Net Lease Properties

If you need financing for Commercial Real Estate or Investment Property financing, you can apply for Commercial Loans at Loanrise.com.


Submitted by: K. Kilwin for "NNN Commercial Real Estate"

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Friday, May 1, 2009

Florida Atlantic University’s MacArthur Campus in Jupiter

Denver, Colorado - Our Triple Net Lease Properties news is from Jupiter, Florida and the complete opposite, Denver, Colorado. We found that a joint partnership (JV) of Weitz and DPR was responsible for building the 350,000 square-foot Scripps Florida campus. This commercial real estate development is adjacent to the Max Planck Florida site. Construction of this commercial real estate project is expected to begin next spring, and is scheduled for completion by fall 2011.

This Commercial Property will be situated in a growing area of Florida. Research at the Max Planck Florida Institute will focus on bioimaging. The institute plans to collaborate with Scripps Florida on health-oriented research applications.

The nonprofit German research group signed a deal to receive $188 million from the state and also Palm Beach County. They hope that it will boost Florida’s biotechnology industry and create jobs to stimulate the economy. The institute conducted a national search for firms to lead the construction of its facility.

Weitz is a national general contractor, design-builder and construction manager with 25 offices in the U.S. and Guam. Weitz also has South Florida offices in West Palm Beach (Palm Beach County) and Hollywood (Broward County). Also these areas can be options if you are looking for a 1031 Exchange replacement property.

DPR Construction is a national commercial general contractor with 15 offices around the country, including one that opened last year in West Palm Beach.

Now we go to Denver for their latest NNN Commercial Real Estate news. This is recent news regarding The Weitz Company is a commercial real estate development in Denver, Colorado. They are involved with the construction of the 385 Interlocken Office Building. This commercial property will be known as Central Park Tower. Central Park Tower owners are Franklin Street Properties (FSP) which is a commercial real estate investment trust. Also involved in this prominent commercial real estate property are project partners Prime West, a Denver based commercial real estate development company; Gensler, a global architecture, design, planning and consulting firm. The Weitz Company's involvement is as a national general contractor.

These commercial real estate developers broke ground on the newest addition to the Interlocken Business Park. Central Park Tower will be a highly desired address within this most prestigious business park in Colorado. This Investment Property, Central Park Tower will be the fourth building for the design, development and construction trio in the Broomfield area. This commercial real estate project will be 11 stories when completed and contain 305,000 square feet. One of the aspects that makes this new development standout is it will be the first to offer a gold LEED status. This Investment Property will also offer covered parking for Tenants, unparalleled on-site amenities, with spectacular mountain and golf course views.

NNN commercial real estate investing can be extremely rewarding, financially and personally, so if you are searching for your triple net lease properties, Search Net Lease Properties now.

If you need financing for Commercial Real Estate or Investment Property financing, you can apply for Commercial Loans at Loanrise.com.



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Two Commercial Real Estate Firms Merge

nnn-commercial-real-estate-Golden-Bear-Plaza

West Palm Beach, Florida - Our Triple Net Lease Properties information today is on a merger. We noticed that Walters Gottlieb/Partners and Compass Realty Cos. have said that they will combine their commercial real estate businesses to create WGCompass Realty Cos.. This newly formed commercial real estate merger will commence in May of 2009.

The two commercial real estate Companies are based in West Palm Beach, which is in the center of Palm Beach County, Florida. The two commercial real estate Companies will consolidate their headquarters into a single business office location. The two commercial real estate Companies will keep commercial real estate offices in Delray Beach, Palm Beach Gardens, Naples and Stuart. These are hot areas for Triple Net Lease Investments.

Walters Gottlieb/Partners is known for its long term relationships with Phillips Point, Waterfront Clematis, One Clearlake Centre, and Golden Bear Plaza. The Golden Bear Plaza is one of Palm Beach County's most recognized and prestigious slice of NNN Commercial Real Estate. This prominent Class A Office building has beautiful Intracoastal and ocean views. The Class A Office building has plenty of parking, some covered parking also. This Commercial Real Estate Trophy Investment Property has an on-site dining club and on-site management. This Class A Office building is located just north of PGA Boulevard with easy access from Palm Beach Gardens and North Palm Beach. The Commercial Real Estate Trophy Investment Property is only minutes to I-95 and the Palm Beach County area's finest residential communities.

Compass Realty Cos. has a fantastic client list which includes Starbucks, Panera Bread and Northern Trust. The exciting, new commercial real estate company will handle tenant and agency leasing, investment sales, financial and capital services, and asset management.

Contact Net Lease Properties Site for:

Triple Net Lease Properties
Investment Property For Sale
Sale-Leaseback Transactions
NNN Ground Lease
1031 Exchange Solutions
NNN Properties
Triple Net Lease Investments

When you are purchasing Commercial Real Estate or a "NNN" Triple Net Leased Property, you can apply for CTL Financing, and Commercial Loans at Loanrise.com.


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