Sunday, March 23, 2008

Terra Group Hosts Preview Event for Quantum on the Bay


MIAMI, FL -Terra Group hosted an exclusive preview celebration on March 12 for one of its latest condominium developments,Quantum on the Bay (photo at left), a two-tower residential development with views of Biscayne Bay, in the heart of the Miami Arts District.

Over 400 guests comprised of VIP's, top realtors and Quantum on the Bay homeowners attended the lavish event held on-site.
"We are very proud of this project," stated Pedro Martin, (photo at left) CEO of Terra Group. "Quantum on the Bay's unique features and amenities really make this property extraordinary and will provide its residents the ultimate in style and comfort."

The 698-unit tower was developed with extraordinary vision by a talented group of architects from Nichols, Brosch, Wurst and Wolf and designers from the Interiors Group, to combine retail, office and residential space with the appeal of urban living.

Founded in 2001, Miami-based Terra Group is a real estate development firm that focuses on creating environments that enhance people's lives.

MEDIA CONTACT:
Rosalynn Salinas /
Account Executive
repĂșblica / brand. advertise. communicate.
2801 sw 31 ave / second floor /
miami fl 33133
t 305 442 0977 /
f 305 443 1631 /

Marcus & Millichap Lists Two Apartment Properties in Lakeland, FL for $13.9M

LAKELAND, FL – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has retained the exclusive listing for Windover Apartments (photo at right) and Crosswinds Apartments, two multi-family properties totaling 240 units in Lakeland. The listing price is $13.9 million.


Elizabeth Calleja, an investment specialist in Marcus & Millichap’s Tampa office, and Robert Goldfinger, a vice president of investments and director of the firm’s National Multi Housing Group in Tampa, are representing the seller.

“The Windover and Crosswinds apartment properties represent an excellent opportunity for an investor to acquire two, all concrete block, garden-style multi-family communities with great rental upside potential in the greater Tampa Bay area,” says Calleja.

Windover Apartments, located at 1108 S. Bartow Road, features 10 two-story buildings, totaling 120 units, on a 6.66-acre lot. Amenities include a swimming pool, clubhouse, barbeque, fitness center, laundry facility and car wash station.

Crosswinds Apartments, located at 3215 Baird Ave., features 21 two-story buildings, totaling 120 units, on a 7.1-acre lot. Amenities include a clubhouse with a big-screen TV, on-site laundry center, a swimming pool with barbeque and lighted tennis and racquetball courts.

Both properties are just a short drive from one another and boast excellent access to Interstate 4 and State Route 98. Windover and Crosswinds apartments feature one- and two-bedroom units and have undergone recent renovations, including upgrades to the roof, windows, sliding doors and kitchens.

CONTACT:
Stacey Corso
Public Relations Manager
Marcus & Millichap
2999 Oak Road
Suite 210
Walnut Creek, CA 94597
Office: 925.953.1716
Mobile: 415.672.6460
Fax: 925.953.1710
http://www.marcusmillichap.com/

Marcus & Millichap Lists 47,149-SF Office Building in Palmdale, CA for $11M

PALMDALE, CA – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has retained the exclusive listing for a 47,149-square foot multi-tenant office building in Palmdale, CA. (photo top right)


The listing price of $11 million represents $233 per square foot.

Stephen D. Stein, a vice president of investments in the Los Angeles office of Marcus & Millichap, is representing the seller, Vertigo Real Estate Holdings LP.

“This Palmdale office building represents a tremendous opportunity for an investor to acquire a lucrative and attractive multi-tenant professional and medical office building with upside development potential,” says Stein.

Located at 1529 East Palmdale Blvd., the three-story office building is situated on a 4.09-acre lot along a major east/west commercial corridor. Tenants include Advanced Imaging Center, Antelope Valley Color, Antelope Valley Realty, County of Los Angeles and OTC Medical Management.



Antelope Valley College (photo at left) has requested to expand into an additional 4,700 square feet of the building. Also, plans are in place for a 6,895-square foot retail/restaurant pad on the hard corner as well as a potential 22,900-square foot additional office building towards the rear of the property.

CONTACT:
Stacey Corso
Public Relations Manager
Marcus & Millichap
2999 Oak Road
Suite 210
Walnut Creek, CA 94597
Office: 925.953.1716
Mobile: 415.672.6460
Fax: 925.953.1710
http://www.marcusmillichap.com/

International Hotel Conference Sets Oct. 15-17 for Sixth Annual Event



Expects Record Attendance at Cavalieri Hilton in Rome; Seeks Nominations for “International Hotelier Global Citizen” Award

CHICAGO, Ill., USA/ROME—Officials of the International Hotel Conference are anticipating a record turnout for the Sixth Annual International Hotel Conference, to be held 15-17 October, 2008 at the Cavalieri Hilton (top center photo) in Rome, Italy.
Approximately 550 hotel industry executives from more than 50 countries are expected to attend the event, which will feature 100 key hotel industry speakers.


Among the highlights of the conference will be the presentation of the second annual “International Hotelier Global Citizen” Award. The award honors an international hotelier for his/her leadership in the hospitality industry, as well as humanitarian contributions to society, who is selected by an industry-wide vote of hoteliers.


Last year’s inaugural award went to Hans W.R. Kennedie, president and CEO of the Golden Tulip Hospitality Group.


“The global hotel industry has enjoyed a strong, multi-year period of positive returns,” said Mary Lou Koys and Morris E. Lasky, (photo at left) conference co-chairpersons.


“The challenge in 2008 is to find ways to continue that robust uptrend in the face of more turbulent financial markets and a more uncertain economic outlook," says Lasky. "Growing numbers of hoteliers are looking at multiple global markets to capitalize on opportunities there.
" One of the keys to successful international expansion is establishing strong ties to local business communities. This conference gives participants an opportunity to tap into new resources, expand their contacts and network on a global basis.”


Lasky noted that the “International Hotelier Global Citizen” Award will be presented during the first general session on October 16. The honoree will be selected by an industry-wide vote. The award includes a grant of €5,000, which will be donated to the charity of the honoree’s choice.


Anyone involved in the hotel industry worldwide may submit a nomination of any hotelier of their choice by sending an e-mail to mlasky@aol.com. The nomination must include the person’s basic information and a brief statement about the reason he or she should be selected, based on his/her leadership in the international hotel industry and humanitarian contributions to society. Nominations will be open until June 15, 2008.


The International Hotel Conference is the premier annual gathering of senior level hospitality executives, including owners, operators, brands, leading institutions, bankers, architects/designers, attorneys, brokers and other members of the hotel and related communities.


Additional information about the event, registration, sponsorships and related activities can be found at the event’s Web site http://www.internationalhotelconference.com/, or by contacting the conference organizer, Morris Lasky at mlasky@aol.com.


Media Contact:


Julie Tullbane
Daly Gray Public Relations
T 703-435-6293
F 703-435-6297
julie@dalygray.com

Marcus & Millichap Promotes Bennett to Associate Vice President of Chicago Downtown Office

CHICAGO, IL– Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, today announced the promotion of W. Michael Bennett (top right photo) to associate vice president of investments in the Chicago Downtown office, according to regional manager John Przybyla.

“Michael has extensive experience as an investment sales specialist in the Chicago office, with a focus on multi-tenant retail transactions,” explains Przybyla. “Throughout his career with Marcus & Millichap, Michael has matched numerous private and institutional investors with investment real estate in the Chicago metropolitan area and throughout the Midwest. Michael has been instrumental in driving our business forward and developing new business leads.”

Bennett joined the firm in April 2003 and was quickly promoted less than a year later to associate. In 2006, he was promoted to senior associate. Last year, Bennett was named the top multi-tenant retail sales agent in the Chicago Downtown office, earning a spot as one of the top 35 multi-tenant agents in the nation.


CONTACT:

Stacey Corso
Public Relations Manager
Marcus & Millichap
2999 Oak Road
Suite 210
Walnut Creek, CA 94597
Office: 925.953.1716
Mobile: 415.672.6460
Fax: 925.953.1710

Marcus & Millichap Names Payton Banks Sales Manager of Washington, DC Office

WASHINGTON, D.C. – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has named Payton Banks (top right photo) sales manager of the Washington, D.C., office, according to Harvey E. Green, president and chief executive officer of Marcus & Millichap.

“Payton’s background and success as an investment sales agent have prepared him to lead the Washington, D.C. office as its new sales manager,” says Ramon Kochavi, regional manager of the firm’s Washington, D.C., office. “His strong management skills, combined with an in-depth knowledge of the local and Mid-Atlantic commercial real estate markets, make Payton an indispensable asset to our clients and Washington, D.C. agents.”

Banks joined the Washington, D.C., office in August 2002 and reached associate status in June 2004. He specialized in multi-family investment sales and was a member of the firm’s National Multi Housing Group. Banks was promoted to senior associate in 2005. Banks attended George Mason University, majoring in economics.

CONTACT:

Stacey Corso
Public Relations Manager
Marcus & Millichap
2999 Oak Road
Suite 210
Walnut Creek, CA 94597
Office: 925.953.1716
Mobile: 415.672.6460
Fax: 925.953.1710
http://www.marcusmillichap.com/

Hillsborough County Tax Collector Leases 12,330SF at Pinebrook Commerce Center III


TAMPA, FL-- The Dikman Company, Inc announces that Hillsborough County Tax Collector, Doug Belden has leased 12,330 SF at the Pinebrooke Commerce Center III, located at 2211 North Falkenburg Road, Tampa, Florida. The Dikman Company represented the Lessor.

Contact:

Bob Dikman
1315 S. Howard Ave., Suite 202
Tampa, FL 33606
813-251-5288
813-251-2093 (fax)
http://www.dikman.com/