Wednesday, October 24, 2012

Chicago’s Bradley Business Center Announces Leases; First phase 100% leased

Bradley Business Center, Chicago, IL
 CHICAGO, IL – Two new lease signings bring 2630 West Bradley Place, the first phase in the development of the Bradley Business Center, to 100 percent occupancy                                                                                                             .

Standfast, a harness company, leased 5,500 square feet, and Birmingham, Mich.-based Gold Fish Swim School signed for 10,800 square feet. Existing tenant ASI Signage moved to a 4,600-square-foot space, making room for the two new tenants.

Michael McLean
 “The quick lease-up of 2630 West Bradley confirms the desirability of Bradley Business Center and Chicago’s North Center neighborhood” said Rick Hansen, president of Hansen Realty. “Employers are tapping into the abundant supply of creative, tech-savvy talent living in the area. Employees also enjoy the convenience of working in a vibrant business center close to home.”

 The opportunity to secure Class A space in the center continues as 2500 West Bradley Place, a 350,000-square-foot office building adjacent to the 150,000-square-foot 2630 West Bradley Place, recently opened as a redeveloped hub for technology and creative firms. Occupants can buy or lease sleekly designed office space at the tech center starting at 5,000 square feet and up.

Located near the intersection of Addison Street and Western Avenue, “The Bradley Business Center is building momentum quickly,” said Michael McLean, senior vice president of Centrum Partners. “The excellent location near I-90/94 and the flexibility for future expansion are key features attracting growth-oriented companies.”

 Tenants at 2500 West Bradley Place enjoy a two-story glass atrium with benches and a lounge area, an audio/visual room for viscom meetings, a fitness room, an outdoor basketball court, locker rooms with shower facilities, a café, bike racks for bicycling commuters, a hospitality suite, an exceptional power supply and 435 parking spaces.

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

 Mark Thomton
 (312) 267-4523

Julie Grange 
Administrative Assistant
Public Relations :: Social Media :: Internet Marketing
d. 312.267.4518  p. 312.245.0202  f. 312.245.9205

Voit Real Estate Services Celebrates 10-Year Anniversary in Las Vegas

Robert D. Voit
 Las Vegas, NV (Oct. 24, 2012) –Voit Real Estate Services has just crossed the ten-year mark in the Las Vegas market, during which the full-service commercial real estate firm’s Las Vegas office has completed more than 900 transactions, encompassing nearly 19 million square feet for a total consideration of $1.8 billion, according to Robert D. Voit, CEO and Founder of Voit Real Estate Services. 

The office was started by two of the top brokers in the region, Kevin Higgins and Kit Graski, who, after meeting with Voit and understanding his vision to grow into a real estate company with boots on the ground throughout the western U.S., were confident to join the Voit team.

The pair broke away from a larger firm to start Voit’s Las Vegas brokerage office in 2002. According to Voit, both Graski and Higgins brought instant recognition to Voit Real Estate Services in the market, and the duo has successfully fueled ongoing growth for Voit in Las Vegas.

Kevin Higgins
“The Las Vegas commercial real estate market has undergone numerous changes over the past ten years, and Voit has proactively evolved our services in the market to accommodate our clients’ real estate needs,” explains Voit.

These changes include tripling the size of its brokerage team, while also adding an in-house real estate management and asset services division. 

          “While most companies were scaling back during the most recent financial crisis, we used our entrepreneurial foundation to reshape the company’s platform,” says Voit. “Rather than cutting back, we continue to expand our presence in the market, hiring top industry experts who continue to deliver real solutions to our clients.”

Kit Graski
Voit’s Las Vegas office, which opened in October of 2002, now includes seven brokers, as well as a team of real estate management specialists to assist institutional investors and financial institutions in developing accretive strategies for various properties in the Las Vegas market.

          The company recently expanded into a 7,667 square-foot regional office located at 6385 S. Rainbow Blvd., and continues to proactively seek new recruits for its growing team of real estate experts, according to Voit.

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

Jenn Quader/ Judith Brower
Brower, Miller & Cole
(949) 955-7940

Voit Real estate Services Directs New 263,000-SF Office-Industrial Lease in Ontario, CA

Joe Miller
 Inland Empire, CA – Joe Miller of Voit Real Estate Services has directed a new ten-year, 263,000 square-foot industrial lease in Ontario, Calif. on behalf of MK Associates LTD as the lessor. 

This lease encompasses the majority of the 420,000 square-foot multi-tenant industrial building located at 2501 East Guasti Road, according to Miller, a Vice President in Voit’s Anaheim office.

The lessee, Cardenas Markets, a family-owned supermarket business, is one of the largest privately owned companies in the Inland Empire. Cardenas Markets is expanding its headquarters and distribution operations with this new lease, moving from a 126,000 square-foot property in Ontario, according to Miller.

2501 East Guasti Road, Ontario, CA
The new facility serves multiple uses, comprising abundant executive office space and parking for corporate use, distribution facilities, room for the installation of refrigerated warehouse storage, and plenty of truck and trailer parking, Miller notes.

“This transaction required a great deal of persistence, as it was necessary to effect a zoning amendment on the property to accommodate Cardenas Markets’ use,” explained Miller.  “My team coordinated efforts with the City, and worked successfully with all parties in order to finalize the zone change and complete the transaction.”

Miller worked with Mike Leifer of Palmieri, Tyler, Wiener, Wilhelm & Waldron on land use issues, as well as with Ruben Goodsell, Peter McWilliams and Michael McCrary of Jones Lang LaSalle on the marketing assignment.

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

Jenn Quader/ Judith Brower
Brower, Miller & Cole
(949) 955-7940

Marcus & Millichap Promotes Ray Giannini to First Vice President Investments

Ray Giannini
 MILWAUKEE, WI –Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has promoted Ray Giannini to first vice president investments.

This achievement is one of the highest levels of recognition the firm awards to its investment specialists. It represents excellence in the development and servicing of long-term client relationships, according to Matthew M. Fitzgerald, vice president and regional manager of the firm’s Milwaukee office.

Matthew Fitzgerald

Most recently, Giannini held the title of vice president investments.

Giannini began his career with Marcus & Millichap in November 1996 and was named vice president investments in January 2008. He has received 11 sales recognition awards from the firm.

In addition to his achievements with Marcus & Millichap, Giannini is a licensed Wisconsin certified public accountant.


Stacey Corso
Public Relations Manager
925) 953-1716

PCCP Provides $16.5 Million Senior Loan to Continental Properties

Aloft Chicago O'Hare, Rosemont, IL
New York, NY -- PCCP, LLC announced  it provided a $16.5 million senior loan to Continental Properties for the refinancing of the Aloft Chicago O’Hare, a 251-key, six-story, Starwood-flagged, select-service hotel located at 9700 Balmoral Ave. in Rosemont, Il, near the Chicago O’Hare Airport. Continental Properties completed development of the Hotel in July 2008.

“The area immediately surrounding the hotel is undergoing a positive transformation with new restaurants, entertainment venues, and a 530,000-square-foot outlet mall,” said John Prete, vice president with PCCP, LLC.

John Prete
“We were drawn to this financing opportunity by the attractive basis and cash flow metrics, rebounding submarket, and the strength of Continental Properties and its hotel manager, Aimbridge Hospitality.”

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

Darcie Giacchetto
Spaulding Thompson & Associates

NAI Realvest’s Michael Heidrich Negotiates 3 Industrial Leases in Orlando, FL

Michael Heidrich
ORLANDO, FL. – Michael Heidrich, principal at NAI Realvest, recently negotiated three industrial leases totaling nearly 6,400 square feet representing the landlords at industrial centers in Orlando and Kissimmee.

 Heidrich represented landlord Forsyth Central Commerce Park, LLC of Maitland in a lease agreement with tenant Orlando Recycles, Inc. for 3,000 square feet at 5032 Forsyth Commerce Rd.

At PoincianaCommerCenter East in Kissimmee, Heidrich represented the landlord Maitland-based Small Bay Partners, LLC in a lease agreement with the tenant, Jose Rodriguez of Kissimmee for 1,890 square feet at 1775 Business Center Lane.

Poinciana CommerCenter East
Heidrich also negotiated a lease renewal for Columbus, Ohio based Airport Investment Properties LLC for the 1,500 square feet of space occupied by the General Services Administration of the U.S. Government in Unit 100-F of the Airport Industrial Center, 7480 Narcoossee Rd. in Orlando.


 Michael Heidrich, Principal, NAI Realvest 407-875-9989 or
Patrick Mahoney, President, NAI Realvest 407-875-9989
Beth Payan, Larry Vershel Communications 407-644-4142

March 20-22, 2013 Set for 25th Annual Hunter Hotel Conference in Atlanta, GA

Bob Hunter
 ATLANTA, GA—Officials of the Hunter Hotel Conference, one of the nation’s top four hotel investment conferences, today announced that it will host its 25th annual gathering March 20 – 22, 2013 at the Atlanta Marriott Marquis in Atlanta, Ga.

The 2013 conference theme, “Moving Forward with Confidence,” reflects the continued strengthening of the hotel industry, according to event organizers.   Conference topics and speakers currently are being finalized and will be announced at a later date.

 “When we began the conference in 1989, the hotel industry was on the verge of one of the greatest devaluations of hotel real estate in modern history due to the meltdown of the savings and loan industry,” said Bob Hunter, CEO of Hunter Realty and co-chair of the Hunter Conference.  “The industry is now in its fourth cycle since the conference began and is in the midst of a solid rebound.”  

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

Patrick Daly
Account Supervisor
Daly Gray, Inc.
Office:  (703) 435-6293
Cell:  (703) 300-8289

Jerry Daly, 
Daly Gray Public Relations,

HFF’s Jose Cruz to speak at Real Estate Outlook 2013 on Nov. 16 in Newark, NJ

Jose Cruz
FLORHAM PARK, NJ – HFF announced today that Jose Cruz, a senior managing director in HFF’s New Jersey office, will speak at Real Estate Outlook 2013 presented by Urban Land Institute Northern New Jersey (ULI) and PWC on Friday, November 16th  in Newark, New Jersey.

                The event will take place from 9:00 a.m. to 11:30 a.m. at The Newark Museum at 49 Washington Street in Newark.  The program is an annual real estate trends and forecast meeting, featuring insights from national and local experts.

 The event will also feature a presentation on the Emerging Trends in Real Estate 2013 report, a publication from PWC and ULI, including a response panel of leading area real estate investors and experts.  Additional information can be found at

Kristen M. Murphy
Associate Director
HFF | 9 Greenway Plaza, Suite 700 | Houston, TX 77046
tel 713.852.3500 | cel 617.543.4873 | fax 713.527.8725 |

HFF marketing sale of 19.15-acre development site in downtown Naples, FL

Matt Mitchell
MIAMI, FL – HFF announced today that it has been exclusively engaged to market the sale of a 19.15-acre landmark development site in downtown Naples, Florida.

                HFF’s investment sales group is marketing the $46.7 million foreclosure judgment on behalf of the lender group.

                The site is located one block off Fifth Avenue South between Tamiami Trial and Goodlette-Frank Road in downtown Naples.  The property is currently approved for the development of up to 300 residential units and up to 155,000 square feet of commercial space.

Immediately west of the property, the flagship store for luxury furniture retailer Robb & Stucky is currently under construction on land that was sold earlier this year for approximately $1.65 million per acre. 

                The HFF team representing the seller is led by executive managing director Manny de Zárraga and directors Jaret Turkell and Matt Mitchell, and is supported by analysts Scott Wadler and Maurice Habif.

                “This site is the largest undeveloped parcel in downtown Naples and represents a unique opportunity to extend the exclusive Fifth Avenue South corridor further east,” said de Zárraga.  “It’s a main-and-main location in one of the most affluent neighborhoods in the State of Florida making it a prime location for a combination of retail and residential, as well as other potential uses.”

HFF’s six-member Florida multi-housing group has closed more than $808 million of multi-housing transactions for the 12 months ending October 24, 2012. 


Kristen M. Murphy
Associate Director
HFF | 9 Greenway Plaza, Suite 700 | Houston, TX 77046
tel 713.852.3500 | cel 617.543.4873 | fax 713.527.8725 |

HFF named to market sale of two development sites on Biscayne Bay in Miami

Biscayne Bay Skyline, Miami, FL
MIAMI, FL – HFF announced today that it has been named to market for sale two development sites totaling 4.53 acres along Biscayne Bay in Miami, Florida.

                The sites are located between NE 31st and NE 32nd Street in the Biscayne Corridor close to the American Airlines Center, Arsht Center and downtown Miami. 

The 3.12-acre south parcel has 180 linear feet of waterfront along Biscayne Bay.  Dorsky + Yue, a renowned architectural firm, has completed working drawings for the construction of a 36-story, 389-unit residential tower on 2.12 acres of the site. 

Manny de Zarraga
The north parcel has 1.4 acres and can be developed with a maximum of 219 residential units.  Once developed, the units will feature direct views of Biscayne Bay, Miami Beach, downtown Miami and Brickell and the Atlantic Ocean.

                The HFF investment sales team representing the seller is led by executive managing director Manny de Zárraga and director Jaret Turkell, and supported by real estate analysts Scott Wadler and Maurice Habif.

Jaret Turkell
“The Biscayne Corridor is undergoing a cultural and commercial renaissance that is attracting the attention of retailers, developers and the artistic community worldwide.  More than $1.5 billion of area projects have been announced over the past 24 months including Brickell Citicentre and Design District, along with nearby residential developments such as Icon Bay,” said de Zárraga. 

“The Miami condominium market represents one of the strongest recovery stories in the United States with average pricing now back at the peak levels seen in 2006 and 2007,” added Turkell.

HFF’s six-member Florida multi-housing group has closed more than $808 million of multi-housing transactions for the 12 months ending October 24, 2012. 


Kristen M. Murphy
Associate Director
HFF | 9 Greenway Plaza, Suite 700 | Houston, TX 77046
tel 713.852.3500 | cel 617.543.4873 | fax 713.527.8725 |

NAI Realvest negotiates sale of office condo at Lake Mary Professional Campus

Jack W. Lynch
MAITLAND, FL-- NAI Realvest recently negotiated the sale of a 1,300 square foot office condo at 1331 S. International Parkway in the Lake Mary Professional Campus for $269,000.

 Jack W. Lynch, broker associate in the Investment Services Group at NAI Realvest, negotiated the transaction representing the seller, Marathon Realty, LLC of Lake Mary.

 Il Luna, LLC purchased Unit 1251, which has a long term tenant in place. The buyer, an investment firm, was represented in the transaction by of Louis Joachim of Dover International Realty.  


 Jack W. Lynch, Investment Services Group, NAI Realvest 407-875-9989;
Patrick Mahoney, President, NAI Realvest 407-875-9989
Beth Payan, Larry Vershel Communications 407-644-4142

DoubleTree by Hilton Introduces Seventh London Hotel

 LONDON, UK - (24 Oct. 2012) – DoubleTree by Hilton has announced the opening of the seventh London property to join one of the UK’s fastest-growing, upscale, full-service hotel brands.

DoubleTree by Hilton London – Marble Arch, which was officially unveiled today by Ufi Ibrahim, chief executive of the British Hospitality Association, is superbly located in the heart of London, close to Marble Arch station, Oxford Street, Edgware Road, Selfridges, Bond Street and Hyde Park.

Rob Palleschi
The hotel offers easy access to fantastic shopping and all the main attractions and business districts of London.

 Rob Palleschi, global head, DoubleTree by Hilton, said, “DoubleTree by Hilton is delighted to welcome this historic and beautifully renovated property to our exciting portfolio of UK hotels.

“With the introduction of hotels like DoubleTree by Hilton London – Marble Arch, the DoubleTree by Hilton brand is becoming synonymous within the UK and around the world with upscale hotel accommodation, and a personalized and welcoming level of service, style and hospitality.”

The distinguished building was originally a private residence for Lady Black, Lady in Waiting to King George, and is renowned for its magnificent ornate ceilings, crafted by John Adams in 1800.

Formerly known as the Best Western Premier Mostyn Hotel, the interiors of the 121-bedroom hotel underwent a full renovation in 2011, and the hotel now welcomes guests to stylish and carefully designed guestrooms, public areas and restaurants.

 Ufi Ibrahim, chief executive of the British Hospitality Association (BHA) was on hand to officially open the hotel during a ribbon cutting ceremony today.  

The DoubleTree by Hilton London – Marble Arch is located at 4 Bryanston Street Marble Arch, London W1H 7BY. For more information about the hotel or to make reservations, please visit, call 0870 590 9090 or contact your travel agent.

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

Maggie Giddens / Cat Hamilton / Anita Clements
DoubleTree by Hilton Global Brand Public Relations
+1 703 883 5346 / +44 (0)7879 440663 / +44 (0) 7557 908454

 Jules Kerby / Dan Corfield
Hilton Worldwide Communications – Europe
+44 (0) 20 7856 8471