Industry insights, market outlook reports and commercial real estate
news, and trends from the Coldwell
Banker Commercial brand.
Daniel Spiegel was joined by Founding Partner of Mr. Cannabis Law, Dustin Robinson Esq. CPA, and Coldwell Banker Commercial NRT’s Rick Locchead to share insights, intel, and best practices when approaching a deal in the cannabis space. Jackie Bryant, San Diego based cannabis journalist, moderated the conversation.
While the Western states mature from the early green rush, cannabis legalization is surging on the Eastern part of the country as states look for economic recovery in the wake of the pandemic. While local laws vary, medical marijuana is legal in 36 states and recreationally allowed in 17 states.
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.
While the pandemic accelerated trends in retail, it upended the strong momentum in the office and hospitality sectors and urban markets. These trends will likely continue in 2021 and reshape what buyers, owners, tenants, and residents may ultimately want to occupy.
On this call, we discuss accelerated marketing with David Lowry. This will allow brokers to leverage technology partners, like Ten-X, to create a broader marketing campaign to reach more buyers and achieve higher prices for their clients.
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.
This month we highlight a few learning programs that took place in the month of May for Coldwell Banker Commercial as well as new events happening in the coming weeks. We also share some news on upcoming Marketing releases and product adjustments.
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.