Friday, June 5, 2009

Marcus & Millichap Sells 4,152-SF Single-Tenant Net-Leased Building in Sarasota, FL

SARASOTA, FL, June 5, 2009 – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has announced the sale of Valley National Gas, (bottom left photo) a 4,152 square-foot single-tenant net-leased property located in Sarasota, Florida, according to Bryn D. Merrey, (top right photo) Regional Manager of the firm’s Tampa office.

The asset commanded a sales price of $330,000.

Michael Jaworski, (middle right photo) an investment specialist in Marcus & Millichap’s Tampa office, had the exclusive listing to market the property on behalf of the seller, a private investor.

The tenant was recently purchased by Matheson Tri-Gas, a subsidiary of Japan-based Taiyo Nippon Sanso Group.

“This greatly improved the credit of the existing tenant and made the deal extremely attractive to the buyer”, states Jaworski.
This free-standing, single-tenant, triple-net leased industrial property was built in 1982 and is located at 6671 15th Street East in Sarasota, Florida. Valley National Gas has been in business for over 50 years and operates in 18 states with 90 locations.

Press Contact: Bryn D. MerreyRegional Manager, Tampa(813) 387-4700

Liberty Property Trust Receives Leed Gold Core and Shell Certification for Tampa Building

TAMPA, FL-- Liberty Property Trust (NYSE:LRY), the real estate investment trust that owns and manages nearly 2.8 million square feet of office and industrial properties in Tampa, announced that its 4631 Woodland Boulevard (top right photo) building has earned LEED Gold-CS (Core and Shell) certification from the U.S. Green Building Council (USGBC).

This project marks the first speculative office building in Tampa to receive LEED-CS Gold certification.

“Our team was very diligent from the onset of this project, initially with its design to meet LEED-CS certification and through the development process,” said Jody Johnston, (middle left photo) vice president and city manager, Liberty Property Trust.

“During construction we recycled 96% of all building materials, diverting waste to overcrowded landfills. Our team also paid very close attention to energy and resource conservation, indoor air quality and tenant exposure to natural light.
"We project an estimated 20% savings in energy costs by using high energy-efficient HVAC equipment and a 50% reduction in water usage using water reducing fixtures - these are significant savings.”

“This building represents a new era in office space options within the Tampa market,” said Liberty’s LEED consultant Joanna Switzer, (botom right photo) senior consultant at Green Building Services.

"Liberty has demonstrated a commitment to their tenants by offering a building with ample access to views, daylight, and optimal air quality.

"Liberty has also incorporated sustainable principles into their own office suite within the building and provided educational information to tenants regarding the importance of using low-VOC products and energy efficient systems designs to further contribute to the long-term health and performance of the building.”

General Inquiries: Jody Johnston, Liberty Property Trust, 813/881-1776
Media Contact: Margo Hunt Winans, a.s.a.p.r., 757/404-8653

Junior Achievement and Gensler Announce Groundbreaking of “Junior Achievement Finance Park” in Fairfax County, VA

FAIRFAX COUNTY, VA--Junior Achievement and Gensler announce the groundbreaking of the Junior Achievement Finance Park (top left rendering) on June 11, 2009, from 10:30 – 11:30 a.m.

On-site camera and interview opportunities will be available with state and local officials, Fairfax County middle school students, and officials from Junior Achievement, Fairfax County Public Schools, Gensler and Capital One Financial Corporation.

Finance Park represents Junior Achievement’s major commitment to financial literacy education to Greater Washington and underscores the importance of its vision to inspire and prepare young people to succeed in a global economy.

Junior Achievement (JA) is a non-profit organization dedicated to teaching workforce readiness, entrepreneurship and financial literacy to students through experience-rich, hands-on programs. Their student programs have been so successful that Fairfax County Public Schools has made the Junior Achievement curriculum mandatory for all Fairfax County students.

Junior Achievement Finance Park will be located on the campus of Frost Middle School in the heart of Fairfax County and is scheduled to open in early 2010. Finance Park will teach students the important guidelines of personal budgeting and real-life adult responsibilities through an experience similar to a “mini-city”.

Gensler designed a gracious, modern facility that will house a marketplace of branded storefronts. The city atmosphere will allow students the opportunity to apply financial and economical decision-making skills in a real world, but safe “city” setting.

Contact: Julia Chappell, Gensler, 202-721-5341,

CBRE's Shelton Granade Name to 40 Under 40 List

ORLANDO, FL– The Orlando office of CB Richard Ellis is pleased to announce that Shelton Granade, (top right photo) First Vice President and head of the Central Florida Multi-Housing Group, has been named to Real Estate Florida Magazine's "40 Under 40" list.

The "40 under 40" list honors select men and women under the age of 40 who are helping to shape the future through their business and community involvement.

Granade and the CBRE Central Florida Multi-Housing Group have been recognized as the top apartment sales team in Orlando over the last several years. The Group has closed more than $3 billion in local apartment sales over the last five years, and Granade was CBRE's top apartment broker in Florida in 2008.


RealtyTrac and Keller Williams Realty Launch New Strategic Partnership

IRVINE, CA – RealtyTrac™ (, the leading online marketplace for foreclosure properties, and Keller Williams Realty Inc., the third-largest residential real estate franchise in the United States, announced today a new strategic partnership where RealtyTrac will provide comprehensive national foreclosure data on, the company’s national Website.

“This is an exciting new partnership with one of the nation’s leading real estate franchises and we are thrilled to be providing Keller Williams Realty with foreclosure data,” said Rick Sharga, (top left photo) senior vice president of RealtyTrac.

“We plan to grow our partnership with Keller Williams Realty by adding educational content on foreclosures and other valuable resources to help the company’s associates and customers.”

As part of the new partnership, RealtyTrac will provide real-time foreclosure search capabilities to, so that visitors to the Website can access pre-foreclosure, auction and bank-owned foreclosure properties.

“We are excited to add foreclosure data to,” said Cary Sylvester, (middle right photo) executive director of technology at Keller Williams Realty International. “By adding foreclosure data to our website, we are adding a valuable tool to enable home sellers, home buyers and our associates to get a great snapshot of the current foreclosure landscape.”

Contact: Tammy Chan Atomic PR. Direct: 212-699-3646. Mobile: 408-802-8682,

Stan Johnson Co. launches new website focused on providing real time information

TULSA, OK – Stan Johnson Company, one of the nation’s premier net lease brokerage firms, has launched a new website – – that focuses providing real time information to investors, brokers and those interested in the net lease and commercial real estate industry.

“We’ve designed our new website to be resourceful to the commercial real estate investment savvy, and provide answers to questions relating to the what's happening in the commercial real estate market today and tomorrow,” said Tamra Davis, (top right photo) marketing manager, Stan Johnson Company.

Some of the new features include:

· Net Lease Perspectives Blog: Updated weekly by Stan Johnson Company CEO, Stan Johnson to address what its net lease specialists are experiencing in today’s market in terms of cap rates, property valuation, credit trends and more. Join other commercial real estate professionals and investors in our discussion on the hot topics of today.

· Cap Rate Forecast: A forecast of what Stan Johnson Company predicts where cap rates will be in 90 days and what are the major drivers.

· Opinion Polls – An opportunity to vote and view the results to polls related to where you think the net lease sector is heading.

Additionally, the new website contains an enhanced property search feature as well as a cleaner, simpler layout that allows you to quickly locate information with fewer steps.

Contact: David Ebeling, Ebeling Communications, (949) 278-7851.