Sunday, March 22, 2009

Grubb & Ellis Named Exclusive Leasing Agent for Four LA County Shopping Centers

Portfolio totals approximately 400,000 square feet

NEWPORT BEACH, CA– Grubb & Ellis Company (NYSE: GBE), a leading real estate services and investment firmannounced that it has been named the exclusive leasing agent for three shopping centers in Long Beach and one in Cerritos totaling approximately 400,000 square feet.

Terrison Quinn, associate, Mark Baziak, senior vice president, and Peter Spragg, associate, all with Grubb & Ellis’ Newport Beach office will manage leasing for the four centers, which are owned by Bixby Land Company, a Newport Beach-based private REIT and real estate investment and development firm.

“These centers all offer the opportunity to secure shop space in a heavily trafficked market area with strong anchor tenants,” said Quinn.

The three Long Beach centers are located in the densely populated area near the Traffic Circle, a roundabout at the intersection of Lakewood Boulevard, Pacific Coast Highway and Los Coyotes Diagonal.

Vons Circle Center (top left photo) is a 150,000-square-foot center bounded by Ximeno Avenue, Atherton Street and Los Coyotes Diagonal. Anchors include Vons, Rite Aid and Ross Dress for Less. Available shop spaces range from 2,000 to 2,392 square feet.

Located across the street from Vons Circle Center is Circle Center West. (middle right photo) The 65,000-square-foot center is also bounded by Ximeno Avenue, Atherton Street and Los Coyotes Diagonal. Anchors include Marshalls and In-N-Out Burger. There is one 1,400-square-foot shop space available.

Circle Center, (bottom left photo) which encompasses 80,000 square feet, is located at the intersection of Lakewood Boulevard and Los Coyotes Diagonal. Anchors include Ralphs and CVS. Available shop spaces range from 780 to 2,880 square feet.

The fourth center is Lincoln Station, (top right photo) a 92,000-square-foot property located at 11900 South St. in Cerritos. Anchors include Sports Authority, Leslies Pools and Washington Mutual. Available shop spaces range from 1,090 to 2,392 square feet.

Julia McCartney, 714.975.2230,
Damon Elder, 714.975.2659,

Tri-City Electrical Completes $853,000 Job in Naples, FL

ORLANDO, FL – Altamonte Springs-based Tri-City Electrical Contractors, Inc. completed $853,000 of work at Ave Maria University’s new 3-story, 44,700-square-foot, 84-room Undergraduate Housing Building 8 in Naples, FL, under its contract with Suffolk/Kraft, Ave Maria, FL.

Contact: Kenneth H. Cristol 407-774-2515

Tilt-Con Starts Chauvet Lighting Warehouse Construction in Sunrise, FL

ORLANDO, FL – Altamonte Springs-based Tilt-Con Corporation is under way on the new 65,232-square-foot Chauvet Lighting warehouse at 5200 NW 105th Avenue in Sunrise, in Broward County, FL, under its contract with Butters Construction & Development, Coconut Creek, FL.

Ranked as the nation’s largest tilt-up concrete constructor by Engineering News-Record magazine, Tilt-Con utilizes its economical system for tilt-up concrete walls. Slated for completion in July 2009, Tilt-Con’s scope of work includes foundations, slab-on-grade, and tilt-up concrete wall panels. The project was designed by Greco Design & Construction, Fort Lauderdale, FL.

Contact: Kenneth H. Cristol, 407-774-2515

Two Specialists in Marcus & Millichap's Phoenix Office Ranked Among Company's Top 30 Nationwide

ENCINO, CA – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has announced its top investment specialists for 2008.

Two agents in Marcus & Millichap’s Phoenix office ranked in the Top 30 out of more than 1,300 investment specialists nationwide.

The agents are Jamie Medress (top right photo) (12) and Peter Katz (top left photo) (18).

“We are proud to recognize Jamie Medress and Peter Katz as top-ranking investment specialists,” says Harvey E. Green, (middle right photo) president and chief executive officer of Marcus & Millichap. “Their accomplishments and track record reflect their superior transaction expertise and commitment to client service.”

Medress, a first vice president investments and a senior director of the firm’s National Retail Group and Net Leased Properties Group in Phoenix, facilitated transactions valued at approximately $145 million last year.

Medress joined Marcus & Millichap in May 1996 and was promoted to first vice president investments in July 2008. His notable transactions last year included an $18.74 million shopping community in Mesa, Ariz., an $8.4 million net-leased department store in Southaven, Miss., and a $7.7 million net-leased childcare center in Phoenix.

Katz, senior vice president investments and a senior director of Marcus & Millichap’s National Multi Housing Group, facilitated transactions totaling several hundred million dollars in nine states last year.

Katz joined Marcus & Millichap in January 1991. He was promoted to senior investment associate in 1997, to vice president investments in 2000, and to senior vice president investments in 2008.

His transactions last year included a $65.7 million multi-family community portfolio in Newark, Del., a $42.5 million student housing community in Tampa, Fla., a $34.9 million apartment community near Seattle, and a $35.8 million student-housing portfolio near Chicago.


FORT LAUDERDALE, FL – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has hired Larry Emmons, (middle left photo) a leading industrial investment specialist in its Fort Lauderdale office, according to Alan Pontius, (bottom right photo) senior vice president and managing director of the firm’s National Office and Industrial Properties Group (NOIPG).

Emmons, who joins Marcus & Millichap as a director of the NOIPG and a senior associate of the firm, will focus on the sale of industrial and sale/leaseback properties throughout the eastern United States.

“We are excited to welcome Larry to our firm,” says Gregory Matus, regional manager of Marcus & Millichap’s Fort Lauderdale office. “Larry combines his real estate transaction skills, legal education and business development expertise to assist his clients with acquisitions and dispositions. He brings more than 20 years of industrial and investment sales experience to his new position,” adds Matus.

“Marcus & Millichap’s national brokerage and marketing platform will allow me to more effectively serve my nationwide client base,” says Emmons.

Prior to joining Marcus & Millichap, Emmons served as a senior investment officer for First Industrial Realty Trust, where he was responsible for the sourcing and acquisition of industrial real estate projects throughout the state of Florida.

Emmons is a graduate of the University of Michigan and holds a J.D. from the University of Detroit Mercy School of Law.

Press Contact: Stacey Corso, Communications Department, (925) 953-1716

Cuhaci & Peterson Architects wrap up design work on Retail Center in Sarasota, FL

Orlando, FL Firm Awarded new contracts for redevelopment, remodel of projects in Hillsborough and Brevard Counties

ORLANDO, Fla. --- Cuhaci & Peterson Architects, LLC based in Orlando’s Baldwin Park, recently completed design of a 50,000 square foot Publix-anchored retail center on Bee Ridge and Beneva Roads in Sarasota.

Lonnie Peterson, (top right photo) chairman of Cuhaci & Peterson Architects, LLC, said construction recently got underway on the center which incorporates new design and technology parameters that will substantially reduce energy requirements and improve environmental safety and comfort.

Cuhaci & Peterson was recently awarded the contract to design major redevelopment of the 150,000 square foot Valrico Square retail center located at Brandon and Valrico Roads in Hillsborough County.
The work includes development of a new out parcel building and new buildings for Valrico Square anchors Bealls’s and Publix. Retail Assets Management, Inc. of Clearwater is the developer of the center

In Melbourne, Peterson said the firm was recently awarded the contract for interior remodeling of the 11,000 square foot Hudson Furniture Store on New Haven Ave.
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For more information, contact:

Lonnie Peterson, Chairman Cuhaci & Peterson Architects, LLC 407-661-9100
Jed Downs, President Cuhaci & Peterson Architects, LLC 407-661-9100
Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142