Envy Apartment

Among the residential brokers who take a whack at commercial, there is a steep learning curve . The businesses, everyone will tell you, are extremely different. Success in one rarely translates to success in another, and very few manage the transition. But Sonia Stock, an associate broker at Douglas Elliman, is good at taking a whack at things—be it a tennis ball or a client from out of nowhere. Like this one time… In the summer of 2004, Stock (then focused solely on residential) had a dental appointment in Union, N.J. Coming from New York and being a runner, she figured she’d take the train from Penn Station to Rahway (the station closest to her appointment) and sprint the eight miles to her dentist. But when the train arrived late , she knew running wouldn ’t get her there in time. So the experienced world traveler hit the side of the road and stuck out her thumb and was picked up by a woman in a Mercedes. “We got along very well,” Stock said, recalling what would turn out to be one...

BANDON — Ten years ago this month, Eugene residents Rex and Carla Smith opened Bandon Crossings Golf Course just south of here on the site of a cattle and sheep ranch a mile from the Pacific Ocean. Nothing in their backgrounds prepared them for the venture. He is a podiatrist, a golf lover who walks the course and plays to a 16 handicap. “As it turns out you don’t have to be a good golfer to own a golf course,” said Carla, a former computer programmer who is at most a social golfer. They thought they would make money, and they haven’t, but they say the course breaks even, not counting their initial investment, which they don’t disclose. They dramatically overestimated the spillover traffic they would get from world- famous Bandon Dunes Golf Resort north of town. “We really thought it was going to be a good economic venture ,” Rex Smith said. “We were wrong about that part.” The plan had been for Rex to retire relatively soon after the opening and run the golf course. “Then once we ...

Restaurant goers at Zinque, a food and wine bar at Lido Marina Village in Newport Beach, on Thursday, August 10, 2017. (Photo by Nick Agro, Orange County Register /SCNG)" src="src" /> Restaurant goers at Zinque, a food and wine bar at Lido Marina Village in Newport Beach, on Thursday, August 10, 2017. (Photo by Nick Agro, Orange County Register /SCNG) Shoppers gather to listen to a musician play at Lido Marina Village in Newport Beach, on Thursday, August 10, 2017. (Photo by Nick Agro, Orange County Register /SCNG)" src="src" /> Shoppers gather to listen to a musician play at Lido Marina Village in Newport Beach, on Thursday, August 10, 2017. (Photo by Nick Agro, Orange County Register /SCNG) street sign inside Lido Marina Books guides customers to the genre they are looking for in Newport Beach, on Thursday, August 10, 2017. (Photo by Nick Agro, Orange County Register /SCNG)" src="src" /> A street sign inside Lido Marina B...

Wilmington, MA Horvath & Tremblay has completed the sale of two Walgreens properties located in Wilmington, and Cherry Hill, N.J. for $14.07 million. Bob Horvath and Todd Tremblay exclusively represented the seller and procured the buyer in the sale of Walgreens in Wilmington, for $5.17 million. Walgreens formerly occupied the 15,466 s/f property located at 277 Main St. The absolute triple net lease commenced in 2006 and has over ten years remaining on the original term. The property is located at a lighted intersection along the primary retail corridor , Main St. (Rte. 38), which provides quick access to I-93 and I-95. Additional national retailers in the area include: Market Basket, TJ Maxx, Panera Bread, Dunkin’ Donuts, Rite Aid, McDonald’s, TLE, Sonic, CVS Health, Cumberland Farms, Chili’s, Advance Auto Parts , People’s United Bank, Starbucks, Savers, Dollar Tree, Speedway, Santander Bank, Supercuts, Bank of America, Firestone, Jiffy Lube, and Shell. Walgreens in Cherry H...