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Sep 23, 2011
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Stan Johnson Company NYC Office Open for Business
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Stan Johnson Company is continuing to expand beyond its Oklahoma roots, with the opening of its latest office in New York City. The New York office, currently open for business, has been staffed up with two executives who will focus on single tenant net lease opportunities in the Northeast.
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Aug 05, 2011
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Stan Johnson Company Arranges $5.35M Sale of CVS Building
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Stan Johnson Co. has negotiated the $5.35 million sale of a 13,824-square-foot retail property fully leased to CVS/pharmacy, located at 6800 Collier Blvd. in Naples. Mike Parker and Jim Gibson of Stan Johnson Co.'s Houston office represented the seller, Phoenix-based S3G Holdiings, and Lincoln, Neb.-based RTG, the buyer, was self-represented.
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Aug 01, 2011
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Oklahoma!
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Oh, what a beautiful evening! Stan Johnson Co kicked off its new-ish LA presence at the sleek new Sonoma Wine Garden, overlooking the Pacific at Santa Monica Place. We chatted with CEO Stan Johnson about the Oklahoma-based net lease investment firm’s plans for additional expansion.
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Jul 19, 2011
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A Closer, and Skeptical, Look at Nontraded REITs
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Last year, Cole Real Estate Investments of Phoenix, a sponsor of nontraded real estate investment trusts, refunded $3 million to the West Warwick, R.I., pension board, which had bought shares in one of its REITs despite strenuous objections from its investment adviser, who resigned in protest.
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Jun 06, 2011
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Look Who We Found!
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And here’s a snapshot of Stan Johnson director Jim Gibson, Stan Johnson himself, and Jackie Baker at ICSC we just found under the sofa cushion, taken week before last out in Vegas. Jim tells us they’ve hired 10 people this year (including Jackie) and that Houston is the best market in the country. Here’s proof: In Houston alone this year, they’ve closed $70M and have another $200M under contract.
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Jun 01, 2011
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GOV Acquires UN Property For $114M
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United Nations Plaza, located nearby NEW YORK CITY- Newton, MA-based REIT Government Properties Income Trust (GOV) confirms to GlobeSt.com that they have acquired 305 East 46th Street, a 17-story building that is 100% leased to the United Nations, for $114 million from Extell Development Company. David Blackman, president and COO of GOV says the REIT acquired the 187,060 square foot building on Friday, but announced the deal yesterday. "We like this building," he tells GlobeSt.com. "Based upon our conversations with the UN, we feel like they will stay at this property for a long time. It's a good acquisition for the company."
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