Coral Gables Florida – Our reports today are centered on South Florida Commercial Real Estate projects. We still have a nice amount of Distressed Commercial Properties that are available.

A Net Lease Deal – Lucky Food Market signs lease in North Lauderdale Florida

Lucky Food Market has signed a 6,150-square-foot lease of a retail warehouse space at 5611 North State Road in North Lauderdale, Brenner Real Estate announced. The deal was handled by Mark Dreyer, commercial associate at Brenner, who represented landlord DT of Fort Lauderdale, a limited liability company. Lucky, which leased the space as an additional location for the company, represented itself. It has been in operation in Broward County for approximately 15 years

Coral Gables Florida Commercial Rea Estate News

The Metro 1 Company is set up to lease the 2103 Coral Way Property. Metro 1 Commercial has been named the exclusive leasing agent for 21/22 Center at 2103 Coral Way in Miami. The eight-story, 67,374-square-foot project includes a ground-floor retail space and a five-story parking garage. Metro 1 President and CEO Tony Cho and Tony Arellano, commercial sales director, will lead marketing efforts for the property.

This Florida Commercial Real Estate is not a Distressed Commercial Property. In fact it is located within Minutes from Miami International Airport, Brickell Avenue, Coconut Grove and Major Highways, Within Walking Distance to Local Shops & Restaurants. The property is conveniently located at the corner of Coral Way and 21st Avenue in the heart of beautiful Coral Gables.

- Built to suit Office Suites for Immediate Occupancy
- Ample parking ratio with direct access in the building’s garage
- On-site Property Management
- Xixon Cafe / Restaurant and Subway located on the ground floor
- Brand new common areas (over $1M in building upgrades)
- Centrally Located Office Building

The Shops at Sunset Place Rocks in South Florida

The Net Lease Property is in Miami-Dade County. Coral Gables is served directly by the Miami Metrorail at Douglas Road, University, and South Miami stations. Douglas Road, adjacent to the Village of Merrick Park, provides transit service into Downtown Coral Gables via the Coral Gables Trolley, to University of Miami at its namesake station, and to parts of Coral Gables and The Shops at Sunset Place at South Miami.

Commercial Real Estate Investment Property

The Shops at Sunset Place at South Miami is on an outdoor Mall. it had recently been refinanced. Reports as recent as a few months ago had the Shops at Sunset Place in South Miami getting on track to become a prime commercial real estate investment. It was approximately 90 percent leased, which covered the debt service on its $76.6 million mortgage and its last appraisal valued it significantly above its commercial loan amount. The Shops at Sunset Place has maintained this occupancy rate in the high 90′s even during the recession.

The Owners of the Mall have done a great job attracting young people, with tenants including clothing store Forever 21. Simon should try landing H&M, Zara or another clothing retailer. There are a few high-end Malls in the area so The Shops at Sunset offer a great mix to pull in all ages for retail traffic.

San Francisco, California – The NNN Lease properties updates for the day starts with the world class Fairmont Hotel. A consortium of investors led by an affiliate of Oaktree Capital Management L.P., as well as individual investor Michael Rosenfeld and his Woodridge Capital Partners LLC went through with the purchase. These Commercial Real estate Investors paid $200 million to purchase the iconic Fairmont San Francisco hotel. The property was acquired from a joint venture of Maritz, Wolff & Co. and Kingdom Holding, which has owned the location since 1998. Kingdom will be retaining its interest in the hotel. Those of us who have stayed at the Fairmont will be satisfied to hear that Fairmont Hotels & Resorts, based in Toronto, will continue day-to-day management.

San Francisco Commercial Real Estate Investments

The hotel was opened in 1907 after being damaged in the 1906 San Francisco earthquake. It served as a base for myriad meetings and conventions throughout its history, including a 1945 summit that served as the basis for the creation of the United Nations. In 2002, the Fairmont was placed on the National Register of Historic Places.

The hospitality industry is looking to gain steam in 2012. A May 2012 report by CBRE Group Inc. noted that, for full-service hotels, room revenue multipliers increased “fairly dramatically” from 3.42 to 4.46 between 2009 and 2011. The re-emergence of hotel REITs as active buyers, the resurgence of hotel lending, and a continued lack of supply growth fuel this sector of commercial real estate. While occupancy increases drove RevPAR growth over the last 18 months, gains have shifted to ADR and as this trend continues hotel profits will increase rapidly, resulting in strong profit growth for owners and increased opportunities to sell assets.”

California Properties and Luxury Hotel Market

The Fairmont features 591 rooms and more than 55,000 square feet of conference space. The Fairmont San Francisco hotel has a rich history, elegance and beauty which make it a one-of-a-kind property. This type of Commercial Real Estate whether NNN or not cannot be replicated today. .

Ascena Retail Group to Acquire Charming Shoppes for $890 Million

In what can only be described as a plus-size deal, Ascena Retail Group Inc. and Charming Shoppes Inc. have entered into a definitive agreement under which Ascena will acquire Charming Shoppes, the companies jointly announced Wednesday. The cash transaction, described by the parties as involving a “highly compelling strategic fit,” is valued at about $890 million.

Ascena will make a cash tender offer of $7.35 per share for all outstanding shares of Charming Shoppes common stock, which represents a 25 percent premium to the closing market price of Charming Shoppes common stock on May 1. The offer is expected to begin within 10 business days, and subject to the usual conditions and approvals, the acquisition is expected to close in the second quarter.

Retail Properties and Distressed Commercial Real Estate

BofA Merrill Lynch is acting as financial advisor and Proskauer Rose L.L.P. as legal advisors for Ascena. Barclays is acting as financial advisor and Drinker Biddle & Reath L.L.P. and Schulte Roth & Zabel L.L.P. as legal advisors to Charming Shoppes.

Founded in 1940, Charming Shoppes, of Bensalem, Pa., specializes in women’s plus-size apparel through its Lane Bryant, Catherines and Fashion Bug chains, totaling 1,832 retail stores nationwide. In addition to store-branded e-commerce websites, the company also operates Figi’s, a direct-marketing business. For its part, Ascena focuses on value-priced apparel for women and tween girls through more than 2,500 stores in the United States, Puerto Rico and Canada: Dressbarn (836 stores), Maurices (810 stores) and Justice (920 stores).

Slow Economy and Distressed Commercial Properties

It isn’t just the overall economy that’s been putting the squeeze on Charming Shoppes, there are other factors. More specifically, the company made some less-than-optimal site decisions before the recession, putting, for example, substantial numbers of Fashion Bug and Lane Bryant stores into power centers, which have since been plagued by “go-dark anchors.”

Distressed Real Estate in Florida and Beyond

With Mervyn’s 2008 bankruptcy, Circuit City’s 2009 liquidation and the bankruptcy last year of Borders, it has been difficult years for NNN retail power centers. Although power centers are a cheaper option than malls, sales were too low at many Charming Shoppes stores as anchor locations went vacant and power center traffic dropped. The company’s mall stores, especially Lane Bryant, seem to be doing better with recent reports.

A 40-unit apartment complex on the north side of Miami International Airport Miami International Airport Latest from The Business Journals Follow this company is targeted for foreclosure by Florida Community Bank Florida Community Bank Latest from The Business Journals Follow this company .

The Weston-based bank filed a foreclosure lawsuit on March 22 against Virginia Gardens Group, along with managing member Hector J. Hernandez. It concerns a $2.9 million issued in 2007 by Premier American Bank, which later failed.

Florida Apartments and Distressed Properties

That is the same year Virginia Gardens Group purchased the 26,383-square-foot complex at 6045 N.W. 37th Street for $3.9 million. The two-story property was built in 1967. This is an excellent are for growth and commercial real estate.

Distressed Property Opportunities in Florida

Miami attorney Paul D. Friedman, who represents Florida Community Bank in the lawsuit, provided a copy of the complaint that showed $2.7 million was outstanding on the loan. The complaint also noted that Hernandez lost a $20.6 million judgment to the bank over a guarantee on the Water Place Group concerning an apartment building in Kendall. Water Place Group filed for Chapter 11 reorganization in U.S. Bankruptcy Court to stay the foreclosure action. Hernandez appealed that judgment.

BankAtlantic wins $8M foreclosure on office park

BankAtlantic won an $8.3 million foreclosure lawsuit over the Las Flores Center office condo park in Miami.

The Fort Lauderdale-based bank (NYSE: BBX) won the judgment against Las Flores Land Investment over a $6.2 million mortgage, plus interest and fees. The 88 office condos in the complex at 2600 N.W. 21st Terrace are set for online auction April 25. Some of those units are being leased.

Office Parks and NNN Commercial Real Estate Developments

The managing members of Las Flores Land Investment are Robert Roskamp, David Howell, Phil Kaltenbacher and Reinier Padron. They completed the project in 2010, but sold only three units.

Bruce Kassman, an executive VP with Colliers International South Florida, was recently appointed the receiver of the property. Office Parks and commercial real estate distressed properties are coming onto the Florida market. Now is the time to pounce with low interest rates for Commercial Real Estate.

BB&T targets three Miami apartment properties

BB&T wants to seize three apartment buildings in Miami that are owned by the same investors.

The bank filed three separate foreclosure lawsuits on March 26 against Cedars Apartments Investment, Chase Holdings and Flagler Apartment Holdings. The managing members named in all three lawsuits were Javier Sanchez and Filiberto Sanchez.

South Florida Distressed Real Estate Projects

The largest property is Cedars Apartments’ 45-unit building in 47,964 square feet at 1471 N.W. 17th Street. It was secured by a Colonial Bank mortgage last modified at $4.2 million in 2008. BB&T acquired the loan after Colonial Bank failed.

The same bank modified the $3 million mortgage for Chase Holdings in 2008 as well. That lawsuit targets the 36-unit building in 22,870 square feet at 2170 N.W. 11th Street.

Banks and Triple Net Real Estate

Finally, BB&T’s lawsuit against Flagler Apartment concerns the mortgage last modified at $2 million in 2008 on the 24-unit building in 18,547 square feet at 1942 Northwest Flagler Terrace.

Fort Lauderdale attorney Richard Storfer, who represents BB&T in the lawsuits, couldn’t immediately be reached for comment.

Distressed Commercial Properties Coming Available

Best Buy Closings 2012: Electronics Giant to Close 50 Stores

Electronic retail giant Best Buy announced Thursday that it will close 50 big box stores in the United States and cut as many as 400 jobs at its corporate headquarters in an effort to improve its bottom line.

According to The Christian Science Monitor, Best Buy, once recognized as the discount king of consumer electronics, is caught between high-end brand stores like Apple Stores and low-cost Internet retailers like Amazon.

“Customers have been increasingly migrating online where they often find better deals, forcing Best Buy to figure out a reason why shoppers would need to visit an actual store,” the CSM report stated.

Last year, Best Buy lost a staggering $1.2 billion as it deeply discounted merchandise to keep pace with rivals Amazon and Wal-Mart.

Sue Busch Nehring, a spokeswoman for Best Buy, said the company has not revealed any detail about the locations of the 50 stores it plans to shutter, adding that the retailer will announce the specific store locations and timing for closings “once they are finalized.”

“We are quite deliberate and thoughtful when we make such decisions,” she said in an e-mail message. “We are working to ensure the impact to our employees will be as minimal as possible, while serving all customers in a convenient and satisfying

In light of the job cuts and store closings, Best Buy plans to use the savings — $250 million this year and another $550 million by 2015, according to company projections — to convert its big boxes to smaller “connected stores” which will sell more connections and services with more focus on mobile phones, tablet computers and e-readers.

The company will experiment with the new store models in San Antonio, Texas and St. Paul, Minnesota.

Forbes writes:

“The renovation would reduce store square footage by 20%, and should be finished by next Christmas. These new so-called ‘Connected Stores’ will focus on selling cell phones, tablet computers and e-readers, as well as service plans not offered by Amazon and Wal-Mart. Best Buy employees in these new stores are expected to show customers how to connect electronics in the home.”

According to the IBTimes, Best Buy shares dropped 14.8 percent in the past year, wiping out about $4 billion in market cap. In that same span of time, the S&P 500 index was up 6.4 percent.

With news of the Best Buy store closings, the company’s stock fell nearly 7 percent, or $1.85, to close Thursday at $24.77.

By Michael Söze

West Palm Beach, Florida – Our news for the day is regarding Distressed Commercial Real Estate and NNN Lease Properties in Palm Beach County. We rarely find suitable Distressed Commercial Real Estate in Palm Beach County that makes sense financially. The area is in the western portion of West Palm Beach, Florida where we see much room for NNN Development in the future. However given the current economic downturn, we anticipate more Distressed Commercial Real Estate becoming available in 2012. Our neighboring City of West Palm Beach is in the beautiful southeastern portion of Florida. West Palm Beach was essentially the most populous city in Palm Beach County in the last reporting period. Also we enjoy Palm Beach County as it is your third most populous county in Sunny Florida.

Florida Distressed Commercial Real Estate For Sale

There was a recent sale of two Commercial Properties with one being a NNN Lease Property. One of the primary NNN Investments which our Net Lease Properties Investors are interested in are McDonald’s. One of the two Commercial properties in this transaction did have McDonalds as the primary tenant in the Net Leased Property. The freestanding Distressed Commercial Real Estate at 9847 Okeechobee Boulevard, in West Palm Beach, was being marketed recently for $1,000,000.

That Distressed Commercial Property has the Florida Zip Code of 33411. This property was a former retail net leased property and is now vacant. Given the neighboring Super Target and local net leased property tenants including McDonald’s, Wachovia Bank (now becoming Wells Fargo bank at most locations), Walgreens, SunTrust Bank as well as National City Bank. Also nearby is the Florida Insurance Company which gives free car insurance quotes as well as life insurance with estate planning solutions.

Net Leased Properties with quality Tenants

The second property is this transaction is a NNN Lease Property with McDonald’s as the tenant. The second Commercial Property is located at 9835 Okeechobee. The NNN Lease Property is approximately 4,009 square feet. This NNN Lease Property is attractive being that McDonalds has a long-term ground lease. Our research shows this NNN Leased Property was built in 2008 while the vacant distressed Commercial Real Estate was manufactured in 2007.

Selling Distressed Commercial Real Estate

The Seller was IBERIABANK (Iberia Bank) as they had to foreclose on these Commercial Properties. The former owner was a California Commercial Real Estate Developer. These two Commercial Properties were purchased together for $2.6 million. The Distressed Commercial Property has potential and the buyer should prosper. The Distressed Commercial Property buyer was recorded as Okeechobee 9847 LLC.

West Palm Beach Distressed Commercial Properties

Florida has had its share of Distressed Commercial Real Estate. Now we see the Distressed Commercial Property in West Palm Beach. The recent Commercial Property sale in this article is situated out near State road 7 off of Okeechobee Boulevard. For any investors not familiar with this area, you can drive east of this property and over the Bridge to arrive in Palm Beach, Florida. We also want to mention that many of the large banks had reported that they would postpone foreclosures during holiday season. Therefore you should be ready to contact us soon for Distressed Commercial Property for sale.

Distressed Commercial Real Estate For Sale in Palm Beach County

West Palm Beach’s first indoor Retail Shopping Mall was air conditioned yet could not succumb to local problems and then the slumping economy. Many NNN Commercial Real Estate Investors showed interest in the Distressed Commercial Property. However the Distressed Commercial Properties ended up being obtained by New England Development, Eastern Real Estate and Lubert-Adler. These Distressed Commercial Properties Owners have reported that they will transform the Palm Beach Mall into a fantastic Outlet Mall.

Redevelopment of Distressed Commercial Properties For Sale in Florida

This West Palm Beach Retail Shopping Mall which is approximately 44 years old consists of about 80 acres. This Distressed Commercial Property will become the Palm Beach County Retail Outlet Center with nearly one million square feet of net lease properties options. Currently it is disappointing to see such a once prosperous Retail Net Lease Property with only a few cars in the huge parking lot. The majority of Net Lease Properties Tenants moved out and we see JC Penney and a Music store remaining.

Palm Beach Fashion Outlets Mall from Distressed Commercial Real Estate

This Distressed Commercial Real Estate is situated at 1801 Palm Beach Lakes Boulevard, in beautiful West Palm Beach, Florida. The Distressed Commercial Property has the 33409 Zip Code and sits right off of the exit of Highway I-95. The Distressed Commercial Real Estate will become full of Net Lease properties Tenants who are the top line of fashion. This Retail Net Lease properties Mall turns into the single Retail Outlet Mall to being situated in the middle of The Sawgrass Outlet Mall and the Vero Beach Retail Outlet Mall.

Net Lease Properties Transforming from Distressed Commercial Real Estate Sites

The Palm Beach County Residents will be thrilled to be able to shop at a Nordstrom Rack, Saks Fifth Avenue Outlet Store, Bloomingdale’s Outlet Store, Old Navy and many others. The Distressed Commercial Property has superb exposure on Palm Beach Lakes Boulevard. The NNN Commercial Real Estate staff would like to see a Nike Factory store and the Grand Lux Restaurant make debuts into West Palm Beach. The Palm Beach Fashion Outlets net lease properties will strive to draw traffic from Jupiter Island Florida and from as far as Boca Raton, Boca Del Mar and Boca Pointe areas. Our contacts are very capable to find Distressed Commercial Properties For Sale to fill your Investment Portfolio. Also Cheaper Term Life Insurance specialist can help with your Estate Planning involving all forms of Life Insurance.

Los Angeles, California – The NNN Commercial Real Estate staff has been asked frequently over the past few years, where are the Distressed Commercial Properties? So, to answer that excellent question relating to the whereabouts with all the different distressed commercial properties; is that they are here. The distressed commercial property influx continues to be coming also so it can be a great time to increase your Commercial Real Estate Portfolio.

Distressed Commercial Real Estate For Sale Is Not Just Tear Downs

The NNN Commercial Property Investor normally wants that comfortable Cap Rate and no headaches. The Distressed Commercial Properties market does have opportunity to gain some Real Estate and be diversified on your Investment Property Portfolio. The distressed commercial real estate market is not just a bunch of dilapidated Commercial Properties. The NNN Commercial Real Estate staff has seen Distresses Commercial Properties that had good maintenance and are easily prepared to get some net lease Tenants. Remember many of the Distressed Commercial Properties had net leased tenants. Many of the Net Lease Properties Tenants kept the commercial real estate up with a decent appearance and all things in working order.

Distressed Commercial Properties and Commercial Financing

The financial experts keep mentioning this issue of an unresolved recession which makes some Investors worried. In the meantime many NNN Commercial Property Investors want to build their Commercial Property Portfolio and see the economic downturn as a great opportunity. The NNN Commercial Real Estate staff likes the idea of combining a number of distressed commercial properties into the Investment Property Portfolio. The Distressed Commercial Properties should not be overlooked if you believe you can get some Net Lease Properties Tenants for that location.

Joint Ventures with Distressed Commercial Properties

There are Commercial Property Investors who do not want to work with the Contractors and get the Property ready for Net Lease Properties Tenants. These NNN Commercial properties Investors have the cash but not enough time. We have numerous Investors looking at distressed commercial properties but fall short on getting the Commercial Loans. Therefore Investors seeking Joint Ventures with distressed commercial real estate acquisitions and development are a way to go. One Investor with cash can Joint Venture with one who will prepare the commercial real estate and start getting some net lease cash flow.

Distressed Commercial Properties Can Be Profitable

Our NNN Commercial Real Estate staff has various connections for financing options on a variety of Distressed Commercial Properties. That is why it is not hard to believe in taking the plunge into converting Distressed Commercial Properties into Profitable Investments. We see NNN Property Investors with their own funding who can perform a few minimal improvements to turn Distressed Commercial Properties Investments into become producing profits. Furthermore communicate with Professionals at Cheaper Term Life Insurance to help with your estate planning connected with your Commercial Properties Investments.

Miami Beach, Florida – Our NNN Commercial Real Estate news for the week is on an enormous Net Lease Properties Portfolio transaction. We saw that Equity One, Inc. (EQY symbol) has entered into a Net Lease Properties deal to sell Retail Shopping Centers for $473.1 Million. The Seller, Equity One, Inc. is a commercial real estate owner, net lease properties developer and operator of retail shopping centers. The NNN Commercial Real Estate staff read that Equity One, Inc. will dispose of 36 retail shopping centers consisting of somewhere around 3.9 million square feet. Equity One, Inc.is based out of sunny North Miami Beach, Florida.

Net Lease Properties and Retail Shopping Centers

The purchaser of the Net Leased Retail Shopping Centers happens to be Blackstone Real Estate Partners VII. The NNN Property Buyers, Blackstone Real Estate Partners VII will acquire the retail Shopping Centers that happen to be predominantly located in the Southeast. The NNN Commercial Properties portfolio appeared to be about 91% net leased as of recent reports. The Seller is blessed to sell the entire Net Lease Properties portfolio.

NNN Commercial Real Estate Investments

This NNN Commercial Real Estate Investment Portfolio should close soon, in the fourth quarter. This is not surprising as we have many Net Lease Properties Investors and Investment Groups seeking Retail Shopping Centers. The net leased Retail Shopping Centers with grocery stores are particularly attractive. The NNN Commercial Properties with supermarkets and Grocery Stores as Anchor tenants are being observed as a safe investment. Given that the economy is still slumping, many NNN Lease Property Investors think that People are eating at home more often now, thus shopping at Publix, Kroger or Whole Foods Markets and others.

Exit Strategy for NNN Leased Properties

The seller had these NNN Leased Properties with Grocery Anchor tenants encumbered by Commercial Loans and the combination or aggregate principal balance of these Commercial Loans is around $176.9 million from recent reports. The Seller of the NNN Investment Properties plans to make usage of the cash from this sale to payoff financial obligations. The NNN Leased Properties Seller can also use the remaining money to help finance their redevelopment pipeline, and for potential acquisitions.

NNN Commercial Real Estate and REITs

The real estate investment trust known as Equity One specializes in the acquisition, asset management, development and redevelopment of quality retail net leased properties. The retail shopping centers being sold sit Atlanta, Tampa and the Orlando Commercial real estate markets. They do have some NNN Commercial Properties situated in North Carolina, South Carolina, Alabama, Tennessee and Maryland. The Chief Executive of Equity Ones has mentioned that the REIT has decided to concentrate its portfolio in the urban retail markets of Miami Beach near the Florida Life Insurance Company. The Life Insurance polices go hand in hand with Commercial Real Estate Investments. Equity One, Inc. is going after the Northeast Commercial Real Estate market including New York, and Boston. The NNN Commercial Real estate markets in San Francisco and Los Angeles could see action from the REIT.

Below is a short list of a few of the NNN Commercial Property Developments:

Retail Shopping Center  -  Property Area   -  Net Lease Properties Tenant

The Shops at Lake Tuscaloosa  in Tuscaloosa, AL  – Publix
Winchester Plaza in Huntsville, AL  –  Publix
Bay Point Plaza in St. Petersburg, FL   -  Publix
Carrollwood Center in Tampa Bay, FL  -   Publix
Sunrise Town Center in Sunrise, FL   -  LA Fitness – Office Depot – Wal-Mart
Keith Bridge Commons in Cumming, GA   -  Kroger
Belfair II in Bluffton, SC   -  Steinmart

Orange County NNN Commercial Property Developments

There happens to be a Target anchor there although it was not involved in the Commercial Real estate Loans. This Orange County property is a neighborhood retail shopping center positioned on the southwest corner of West Alton Ave and South Bristol Street. The NNN Commercial Real Estate is sitting in Santa Ana, California. This area of Orange County benefits from an extremely high traffic count. The NNN Leased Property has very solid encompassing demographics. The Bristol Place net leased properties are a short distance to one of the top retail shopping malls in the country, South Coast Plaza.

CTL Financing and NNN Commercial Real Estate Mortgages

The NNN Commercial Real Estate staff sees there are excellent loan terms in existence and we still see low interest rates, The NNN Commercial Real Estate staff believes it is an excellent time to refinance or get new Commercial Mortgages. When we talk about CTL Financing and Commercial Loans we want to bring up Life Insurance. NNN Commercial properties obtaining financing and cheaper term life insurance policies go great together.

Commercial Mortgages Refinanced with Exciting Loan Terms

The Orange County NNN Commercial Properties received a $15.5 Million Commercial Loan. This new Commercial Mortgage took out an existing commercial loan which had the senior position. The Orange County NNN Commercial Properties were approximately 76% net leased at the time of financing. These Santa Ana Net Leased properties are situated inside of the South Coast Business Trade Area. Commercial Mortgage Lenders had to work diligently to get this refinance complete. The Orange County NNN Commercial Real estate Development has some issues with a few of the net leased property Tenants. There were some late payers and some NNN Commercial Lenders were shy because some of the net leases were due before five years.

Grocery Anchored Net Leased Properties in Nevada

The second NNN Commercial Real estate Development had some issues also. Considering that this second NNN Commercial Property is in Nevada, need we say more? Quickly, Nevada was one of the hardest States hit with job losses and foreclosures. The one bright spot has been the retail sector of NNN Commercial Real Estate. Commercial Mortgage Lenders are still very interested in financing and refinancing Triple Net Lease Properties even if they have to jump through hoops. ,

Henderson Nevada NNN Commercial Property Loans

The Nevada Triple net Leased Property development was an Albertson’s Grocery Anchored Retail Shopping Center. This NNN Commercial Real Estate Developments is positioned at a highly desirable signalized Intersection. The Nevada NNN Property Grocery Anchor is situated within the Master Planned Community of Anthem. This is a Clark County Triple Net Leased Property.

NNN Properties for Investment Portfolios

The Commercial Mortgage Lenders were able to arrange a Commercial Loan for $18.5 on this net leased property. Apparently the difficulties for this Commercial Mortgage refinance were due to the NNN Property location. This Commercial Property is situated approximately sixteen miles from Las Vegas. The NNN Commercial Real Estate staff believes that since this was a Grocery Anchored Net leased property, the refinance was finally completed.

NNN Commercial Real Estate Investors seek Properties

We still have a very large database of Net Leased Property Investors seeking deals. NNN Properties with a decent cap rate and occupancy rate are extremely preferred. Feel free to contact us if you are attempting to sell your Net Leased Properties. Our NNN Commercial Real Estate Investors are looking for net leased properties from $800,000 and up.

Atlanta, Georgia – The NNN Commercial Real Estate news for the afternoon is on a fantastic Retail District which recently sold. When you have anchors such as Target, Lowe’s, Best Buy, Bed Bath & Beyond, Barnes & Noble, Kroger, Ross Dress for Less, and Office Depot, well let us say that is a major Net Lease Property development. This was a transaction which will certainly strengthen the Atlanta retail net lease properties market.

The NNN Commercial Real Estate team discovered that an cooperate cousin of North American Development Group bought the Atlanta net lease properties site. This Net Lease Property Investment group disbursed $81.7 million for this net lease property development known as the Edgewood Retail District. This is a well constructed anchored center with net lease properties able to grow with tenant expansion.

This premier retail shopping center is positioned at the intersection of Moreland Avenue and Caroline Street. This location is centered in Atlanta’s Edgewood neighborhood which is about two miles east of busy downtown Atlanta. This location was a prime property that the Cheap Car Insurance Quotes group looked at to grow their business.

This area of Atlanta as well as the Buckhead area and Sandy Springs have seen some significant NNN commercial real estate development even in this economic downturn. The NNN Commercial Property development was planned and developed by one of the best, the Sembler Company. The Sembler Company has developed some of the most impressive Net Lease Properties in Florida and Georgia. This Atlanta NNN Commercial Property had finishing touches the multi-anchored retail shopping center and the Property has been a favorite of the City ever since.

The NNN Commercial property cutting edge shopping center sits in the East Atlanta – Edgewood submarket of Atlanta. This exciting “in-town” site has an easy access to the highly traveled Interstate 20, Freedom Parkway and also DeKalb Avenue. This NNN Commercial Property development is stationed amongst the Inman Park and Candler Park MARTA train stations to offer access for shoppers who do not want to pay the high gas prices
.
We recently visited this net lease properties development and found it easy to get to with shoppers coming from the East Atlanta area, the Edgewood neighborhood, Candler Park and also the Inman Park neighborhoods. These Atlanta neighborhoods are all densely populated to further help the cause of the new Net Lease properties owners. A population of somewhere around 132,943 people with a normal household income of $58,000 resides within three miles of this NNN Commercial Real Estate creation.

This unique NNN Commercial Real Estate development has an old look with modern day conveniences. The brick buildings give it that comfortable appearance and welcomes shoppers to fuel the Net Lease properties. Even with the premier anchor tenants there is plenty of room for small box net lease properties tenants at the same time. Caribou Coffee and Chase Bank seem to prosper at this Atlanta NNN Commercial Property development.

Contact Net Lease Properties to purchase Commercial Real  Estate all across the Country.

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