Monday, October 31, 2011

Mike Rinner, MAI Joins Grubb & Ellis Landauer as Vice President in Denver Office

 DENVER, CO (Oct. 31, 2011) – Grubb & Ellis Landauer Valuation Advisory Services today announced that Mike Rinner, MAI (top right photo), has joined the company’s Denver office as vice president. 

 In this position he will help expand services offered locally as well as oversee a group of appraisers.  Rinner will report to Jaimee Keene, managing director, Rocky Mountain Region.  

 “With his background in litigation and consulting services, as well as appraisal and the economic analysis of complex and development properties, Mike is an excellent addition to our growing practice in Colorado,” said Keene, who leads Landauer’s Denver office. 

 Rinner joins Grubb & Ellis Landauer from The Genesis Group, a market research and analysis firm where he spent 15 years as executive vice president, economist and senior analyst. 

He spent the majority of his appraisal career with David Craig & Company, where from 1973 to 1993 he was a senior appraiser focusing on properties in the Midwest, south-central and mountain-west regions of the U.S. 

Throughout his 38-year career he has specialized in the consulting, valuation and litigation support services for residential and commercial properties, including retail, office, industrial, multi housing, land, mixed-use and transit-oriented facilities, as well as developments.  He began his career in 1973 with Timber Mortgage Company. 

 Rinner holds a bachelor’s degree from the University of Kansas and is a member of the Appraisal Institute.  During his membership he has served as president of the Kansas Chapter and as director and regional representative for the Kansas and Colorado chapters, as well as on the regional ethics committee. 

Contact: Julia McCartney, Phone: 714.975.2230

Colliers International Completes Two Property Sales Totaling $1.9 Million in Hollywood, CA.

HOLLYWOOD, CA, Oct. 31, 2011. – Colliers International, the third largest global real estate services organization, has completed the sale of a 3,950-square-feet property located at 801 Seward St  (top left photo). and the sale of 7,405-square-feet parking lot located at 758 Seward St (lower right aerial map). in Hollywood, Calif. The total transaction is valued at $1.92 million.

 Kathleen A. Silver, CCIM, Senior Vice President, and Kay Thorpe, Associate, both based in Colliers International’s West Los Angeles office represented the Buyer,D’ziner Sign Company. The Sellers, private investors, were represented by Nicole Mihalka of Cushman & Wakefield.

The property boasts a corner location and is a freestanding, creative office building with a large open space in the heart of Hollywood Media District providing an ideal fit for D’ziner Sign Company to design and fabricate signs.

 “With very little product available of its kind, to find a commercial building in prime Hollywood, with a large parking lot nearby for sale as well, is a rare and unique find," said Silver. 

 “We were able to successfully locate these two properties to complete a needed 1031 exchange requirement for D’ziner Sign Company, a premier sign company serving the entertainment industry,” added  Thorpe.

Angela S. Hwang
Regional Marketing Coordinator | Greater Los Angeles
Dir +1 213 532 3258 | Mob +1 310 867 4105
Main +1 213 627 1214 | Fax +1 213 327 3258

Colliers International
865 S Figueroa St., Suite 3500 | Los Angeles, CA 90017 | USA

St. Regis Hotels & Resorts Adds a New Prestigious Address in China with the opening of The St. Regis Tianjin

Tianjin, China,  Oct. 3, 2011) – Today St. Regis Hotels & Resorts is pleased to announce the opening of The St. Regis Tianjin (top left photo) an iconic new landmark on a rapidly evolving city skyline that is destined to become Northern China’s most prestigious gateway for business leaders, society tastemakers and discerning travelers.

The St. Regis Tianjin will introduce visitors to a new level of bespoke service, luxury and amenities at the city’s premier address.

 “We look forward to offering our discerning guests access to the distinguished St. Regis legacy with the highest expression of personalization, refined elegance and uncompromised guest experiences.” said Mr. Qian Jin, Senior Vice President of Operations, Greater China, Starwood Hotels & Resorts,

“The St. Regis Tianjin is destined to introduce a new & unparalleled standard of flawless service, classic sophistication and modern luxury into this rapidly growing city.”

For a complete copy of the company’s news release, please contact:

Hwee Peng Yeo
Director of Asian Markets
Glodow Nead Communications
Level 21, Centennial Tower
3 Temasek Avenue
Singapore 039190

Glodow Nead Communications • San Francisco • New York • Singapore
O: 65.9768.6087 or 1.415.394.6500 • E• FB: GlodowNead

Crossman & Co. VP Justin Greider negotiates 10 Long-Term Lease Transactions in Third QuarterTotaling More Than 20,000 SF

ORLANDO, FL. --- Crossman & Company vice president Justin Greider (top right photo) closed on nine lease agreements at six Publix anchored retail centers in Florida and South Carolina during the third quarter.  He also teamed up with associate Craig Katterfield (middle left photo) in negotiating a 10th lease for a total of more than 20,000 square feet of retail space.

Greider’s lease transactions, which were all long-term – three to five years and one 20-year lease – include:

At 3,322 square feet the largest single lease agreement, a new five-year deal that will bring a new Five Guys Burgers & Fries restaurant to Island Crossing (lower left photo), a Publix anchored retail center located at 11 Palmetto Bay Rd. on Hilton Head, S.C.

Three new five-year leases at Stadium Corners at Viera, a Publix anchored retail center currently under development on Viera Blvd. at Stadium Parkway in Rockledge.  Kim Bo Chinese Restaurant will open a new 1,400 square foot dining room there; Fantastic Sam’s will open a 1,200 square foot styling salon, and Island Animal Clinic a 1,200 square foot facility.  The center and these Tenants should open in the first quarter of 2012.

At Lake Miriam Square, a Publix anchored retail center located at 4730 S. Florida Ave. in Lakeland -- Jynelle’s Salon & Spa leased 1,950 square feet for three years, and a Healthy Habits health food store leased 1,300 square feet for five years.

A new 20-year lease of 1.1 acres that will bring a new PNC Bank branch to the Publix anchored Cooper City Commons, located at 9359 Sheridan St. in Cooper City. A new three-year lease of 1,200 square feet of retail space to MetroPCS at Publix in the Highlands, located at 2125 E. CR 540a in Lakeland.

A new five-year lease of 7,318 square feet to Office Depot at Northeast Park, a Publix anchored retail center at 200 37th Ave. N. in St. Petersburg.

Greider and Katterfield teamed up at Rockledge Crossings, a Publix anchored retail center located at Murrell Rd. in Rockledge, to negotiate a new five-year lease agreement that will bring a new 1,225 square foot MetroPCS store to the center

And for the largest transaction of the year for Greider, he negotiated the lease termination of a 47,955 square foot closed Publix location at Horizon Village, located at 2855 Lawrenceville Suwanee Road in Suwanee, Ga., just outside of Atlanta.  The former Publix space will be converted into a movie theater concept which includes full-menu food offerings for patrons along with first-run movies.

John Crossman, president of Crossman & Company said Greider ranks as one of the firm’s most productive leasing specialists.

“Justin has a broad network of contacts, he is thoroughly committed to our industry and he is very good at what he does,” Crossman said.

“Altogether, it has been a busy quarter,” Crossman added. “and we are seeing many positive signs of economic recovery,” he added.

For more information,  contact:

 Justin M Greider, Vice President, Crossman & Company, 407-581-6225;
John Crossman, CCIM, President, Crossman & Company, 407-581-6218,
Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142,

ARA Executes Sale of Seagrass Development Site in Tony Beaches Submarket of Jacksonville, FL

Jacksonville, FL (Oct.  31, 2011) — The Jacksonville office of Atlanta-headquartered ARA, the largest privately held, full-service investment advisory brokerage firm in the nation focusing exclusively on the multihousing industry, brokered the sale of the 23 acre Seagrass Development Site (top left aerial photo) on behalf of Atlanta-headquartered TriBridge Residential, a multi-family investment, acquisitions, property management, development and construction firm.š

 ARA Jacksonville-based vice president, Matt Wilcox, served as lead broker on the deal, working together with ARA Orlando-based principal, Kevin Judd (middle right photo) and ARA Tampa-based vice president, Patrick Dufour (lower left photo).

 Located in the highly affluent area of Atlantic Boulevard and San Pablo Road, this high barrier-to-entry site represents an incredible opportunity for the buyer to develop a unique multifamily property in the affluent Beaches Submarket of Jacksonville,

Florida.š Seagrass is ideally situated across the street from high end retail, including a recently opened Fresh Market and less than three miles from the world renowned hospital, The Mayo Clinic, and the average household income within a one mile radius of the site is $101,093, nearly double the average household income for the city of Jacksonville.

The site is currently entitled for 399 units and available for immediate development upon site plan approval from the city of Jacksonville.š It is currently cleared, pad ready and all utilities have been delivered to the site.š

 According to Matt Wilcox, “Seagrass is an irreplaceable, truly infill site located in the strongest submarket in the Jacksonville MSA.š With high local occupancy rates, rising effective rents and no units slated for delivery in the foreseeable future, Seagrass presents its buyer with an excellent opportunity to take advantage of the tightening market in Jacksonville and be the newest product available to potential residents.”

 To schedule an interview with an ARA executive regarding this transaction or for more information about ARA, nationally please contact Lisa Robinson at, 678.553.9360 or Amy Morris at, 678.553.9366; locally, Marti Zenor at or 561.988.8800.šš

  For detailed information on ARA’s extensive multihousing investment services, visit

Colliers International Sells 15, 978-SF Retail Property in Los Angeles

LOS ANGELES, CA, Oct. 31, 2011 – Colliers International, the third largest global real estate services organization, has completed the sale of a 15, 978-square-feet retail property located at 7500 Melrose Ave., (top left photo) Los Angeles. The transaction value remains confidential.

 Fred Córdova, Senior Vice President/CART Western Regional Director, Tom Lagos, Director of Retail Services Group, Morgan McEvoy, Vice President, Frank Magana, Associate, and Ryan Eddy, Associate, all based in Colliers’ Downtown Los Angeles office along with Mike Fay, President of Colliers’ Miami office, represented the Seller. The Buyer, Fresh & Easy, was represented by Mike Grannis and Brent Cunningham of Highland Partners.

Built in 1997, this Fresh & Easy location offers street-front retail and restaurant space and 6:1 on-site parking, and is well-located in the heart of the Hollywood / Melrose retail corridor.

 “This was a sale to an owner/user, Fresh & Easy, who saw the terrific opportunity to gain a position in the Hollywood and Melrose community,” said Córdova.

Angela S. Hwang
Regional Marketing Coordinator | Greater Los Angeles
Dir +1 213 532 3258 | Mob +1 310 867 4105
Main +1 213 627 1214 | Fax +1 213 327 3258

Colliers International
865 S Figueroa St., Suite 3500 | Los Angeles, CA 90017 | USA

Robert Plouffe Appointed Executive Chef for the Bourbon Orleans Hotel in New Orleans

 NEW ORLEANS, LA, Oct. 31, 2011 -- The Bourbon Orleans Hotel (middle left  photo) announced today the appointment of Chef Robert Plouffe (top right photo) as executive chef for the 218-room boutique property in the French Quarter of New Orleans.  Plouffe will be responsible for kitchen staff leadership and banquet and restaurant food production at the property.

 “We are delighted to welcome Chef Robert to the hotel,” said General Manager Mark Wilson. “With 20 years of international kitchen and food preparation experience, Chef Robert is a creative, diligent and quality focused individual and will be a great asset to the Bourbon Orleans team, guests and clients.”

Most recently Plouffe was Sous-Chef de Cuisine with Aramark Corp, providing his management and culinary skills in directing the food preparation operations for the 3 million square foot New Orleans Convention Center.

Chef Robert’s experience includes Pastry Chef Responsibilities at the new Roosevelt Hotel in New Orleans, and five years with executive positions within kitchens of the Hilton Luxury Collection in New Orleans Jamaica, & Fort Lauderdale.   

Although Chef Robert’s passion is as a pastry chef, his early career began in Montreal, Canada as chef and owner of a group of restaurants.  He gained extensive international experience in St Thomas and St Croix, Virgin Islands before joining Hilton in Jamaica.

 Plouffe received a Diploma in Culinary and Pastry at the Institute de Tourisme et d’Hoteliere du Quebec, and has completed internships in Tours, Laval and Paris, France.

 For more information, visit the web site:

Mark Wilson
General Manager
504 523 2222