Latest press releases in Investment Services

Stock Option Trading Up By 35%
The volume of stock option trading continues to increase as investors move funds from ever declining real estate market, into equities. Research has shown that stock option trading can provide returns that exceed market averages.

Highland Development Adds Two Seasoned Managers to Expand its Opportunities in the Western U.S.
Highland Development Company, a subsidiary of The Marcus & Millichap Company and a dynamic retail and retail-driven mixed-use development company, announced that the firm has hired Armando Enriquez as Acquisitions Manager and Vladimir Shlafman as Development Manager to expand acquisition and development opportunities throughout California, Arizona, Nevada and Utah. Enriquez will be located in the company’s headquarters in Pasadena. Shlafman will be located in the company’s new San Ramon office. Highland Development plans to spend $150 to $200 million on development projects in the next two years.

Hodgdon Miank Construction Begins Construction on $3.7 Million Multi-Tenant Industrial Park Development in Riverside, Calif.
Omni West Group Inc. of Laguna Hills has awarded Hodgdon Miank Construction, Inc. the contract to build Rivera Industrial Park, a new $3.7 million industrial park in north Riverside, Calif. The project is currently under construction and expected to be completed by August 2007. Located on approximately 2.45 acres on Garner Road, off of Main Street in Riverside, the Rivera Industrial Park consists of eight industrial buildings totaling approximately 50,126 square feet.

Highland Development Adds Thomas Cole as Director of Construction; Company Continues to Expand Executive Team Roster
Highland Development Company, a subsidiary of The Marcus & Millichap Company and a dynamic retail and retail-driven mixed-use development company based in Pasadena, Calif., announced that Thomas Cole has been hired as Director of Construction. He was formerly the Director of Development at LNR Property Corporation, where he spearheaded the planning, entitlement, financial underwriting and contract negotiation of multi-million dollar projects. Prior to his experience at LNR Property Corporation, Cole was the Senior Project Manager for Newhall Land’s Commercial and Industrial Valencia division and was responsible for over 15,000 acres of planning and development activity valued at nearly $1 billion.

Hanley Brown Group Represents Buyer and Seller in $12,425,000 Sale of Cypress Station Shopping Center in Houston, TX
Hanley Brown Group Real Estate Advisors, one of the most dominant retail investment groups in Southern California and a market leader in the sale of retail properties, announced today Edward B. Hanley and Kevin T. Fryman of Hanley Brown Group represented the buyer and seller in the $12,425,000 sale of Cypress Station, a multi-tenant community shopping center in Houston, TX at I-45 and FM 1960 Road West.

Hanley Brown Group Represents Buyer and Seller in $6,300,000 Sale of High Profile, Street-Front Retail Property in West Los Angeles
Eric P. Wohl of Hanley Brown Group Real Estate Advisors represented the buyer and seller in the sale of a rare multi-tenant, street-front retail property in West Los Angeles, Calif. The purchase price was $6,300,000, which represented one of the highest prices per square foot in the area at $644 per square foot. The 9,785-square-foot street-front retail property is the ground floor space of a 60-unit condominium development located at 12222 Wilshire Boulevard, a high profile location in the heart of the West Los Angeles business district, two blocks west of Bundy Drive. An all cash transaction, the buyer closed on the property in 17 days.

Phoenix “Dot Com” Company to Give Away 500 Premium Internet Domain Names to Promote their “Moguling” Brand.
Phoenix technology company- DotVentures announces that it is giving a free premium domain name to the first five hundred (500) clients to promote their Moguling brand of domain name optimization service.

Small Cap Network Releases Hot Spots & Top Stocks For Q2 Gains
The Small Cap Network site has publicly released their top trading ideas for the second calendar quarter. The free report, titled 'Three Hot Spots for Q2 Gains', offers a handful of specific stock and ETF trading suggestions. The company feels these particular ideas offer the highest potential returns during what is usually a mild period of the year for the stock market.

Hanley Brown Group Closes Three Riverside County Commercial Property Sales Totaling $5,800,000
Hanley Brown Group Real Estate Advisors, one of the most dominant retail investment groups in Southern California and a market leader in the sale of retail properties, announced today the sales of three Riverside County commercial properties for a total consideration of $5,800,000: Jiffy Lube plus self-service car wash in Moreno Valley for $1,900,000; Wienerschnitzel/Tastee Freez/Hungry Howie’s Pizza combo restaurant in Lake Elsinore for $2,700,000 (one of the highest prices per square foot in this area at $846 psf); and a 10,401-square-foot office/retail building in downtown Lake Elsinore for $1,200,000.

Coreland Companies Opens New Office in Salt Lake City, UT & Hires Renee Pugh as Regional Real Estate Manager
Coreland Companies of Tustin, one of the largest real estate service companies based in California, announced today it has opened a new regional office in Salt Lake City, the firm’s first out of state office, and named local real estate management expert Renee Pugh as Regional Real Estate Manager. Coreland’s new office is located at 675 East 2100 South, Suite #100, Salt Lake City, UT 84106; Phone: (801) 466-0177.

Hanley Brown Group and Lee & Associates Represent Buyer and Seller in $9,800,000 Sale of Hemet Neighborhood Shopping Center
Hanley Brown Group Real Estate Advisors, one of the most dominant retail investment groups in Southern California and a market leader in the sale of retail properties, announced today Eric L. Werner of Hanley Brown Group and Brian Bielatowicz of Lee & Associates in Murrieta, Calif., represented the buyer and seller in the sale of a grocery/drug anchored neighborhood shopping center in Hemet, Calif. for $9,800,000. The cap rate was 5.82% and the buyer paid all cash and in 25 days. The sale included four vacant pads providing the buyer the opportunity for future commercial development.

Hanley Brown Group Represents Seller in $1,825,000 Sale of Multi-Tenant Auto Center in Reseda, CA
Hanley Brown Group Real Estate Advisors, one of the most dominant retail investment groups in Southern California and a market leader in the sale of retail properties, announced today Edward B. Hanley and Kevin T. Fryman of Hanley Brown Group represented the seller in the $1,825,000 sale of a 19,986-square-foot auto center, multi-tenant auto center at 7444-7448 Reseda Boulevard in Reseda, Calif. Built in 1986, the center is 100% occupied and features 13 local tenants including a prominent billboard sign. The buyer acquired the leasehold interest in the property with 35 years remaining on the ground lease.

Hanley Brown Group Represents Buyer and Seller in $3,600,000 Sale of Office/Medical Building at 5.6% Cap Rate in San Fernando Valley, Calif. with All Cash, 25-Day Close
Kevin T. Fryman and Eric L. Werner of Hanley Brown Group represented the buyer and seller in the sale of a 29,088-square-foot, multi-tenant office/medical building at 8215 Van Nuys Boulevard in Panorama City, Calif. The purchase price was $3,600,000 representing a 5.6% cap rate. Built in 1958, the subject property is a three-story freestanding building. The property was 61% occupied at the close of escrow.

Eric Wohl of Hanley Brown Group Promoted to Vice President and Featured in Real Estate Southern California Magazine’s "30 Under 30"
Hanley Brown Group Real Estate Advisors, one of the most dominant retail investment groups in Southern California and a market leader in the sale of retail properties, announced that Eric P. Wohl has been promoted from Senior Associate to Vice President at Hanley Brown Group and was named one of the “30 Under 30” leading players in Southern California’s Commercial Real Estate Industry by Real Estate Southern California magazine.

Hanley Brown Group Closes 4 Orange County Retail Centers at Record Prices Totaling $25,395,000
Hanley Brown Group Real Estate Advisors, one of the most dominant retail investment groups in Southern California and a market leader in the exclusive representation of buyers and sellers in the sale of retail properties, closes escrow on four prominent Orange County shopping centers for a total of $25,395,000. Two properties were located in Huntington Beach; the others were located in Newport Beach and Garden Grove.