Wednesday, December 11, 2013

NAI Realvest negotiates new lease at SODO Shopping Center off South Orange Ave. for Cupcakes Café, and Cake Decorating Classes in Orlando, FL

SODO Shopping Center, 25 West Crystal Lake Street, Orlando, FL

Jeff Bloom
ORLANDO, FL – NAI Realvest recently negotiated a new agreement for 1,370 square feet of retail space in the SODO Shopping Center at 25 W. Crystal Lake St. in Orlando.

 Senior Director Jeff Bloom brokered the transaction representing the local tenant Sugar Divas Cakery LLC who leased the suite for sales of cupcakes, cake decorating classes and a café.

 The landlord of the SODO Shopping Center – off South Orange Ave. south of Michigan St. – is Kimzay of Florida, Inc. (KIMCO) based in New Hyde Park, NY.

 The tenant plans a January opening of the facility.    

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

Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142

NAI Realvest Names Veteran Real Estate Broker Jeff Bloom Senior Director

Jeffrey W. Bloom
ORLANDO, FL -- NAI Realvest one of central Florida’s largest commercial real estate services companies and developers of industrial facilities,  recently named Jeffrey W. Bloom, CCIM  as Senior Director.

Robin L. Webb, CCIM, managing director at NAI Realvest said Bloom has 25 years of experience in all facets of commercial real estate in Central Florida, including tenant representation, brokerage, investment sales and leasing.   

Bloom is a graduate of Florida Institute of Technology and is a Certified Commercial Investment Member of the CCIM Institute recognizing expertise in commercial investment real estate.   

In his new role at NAI Realvest, Webb said Bloom will focus on sale and leasing of office property.

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

Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142

McCarthy Completes Construction of New $110 Million Math+Science Complex at San Diego Mesa College in San Diego, CA

Math+Science Complex at San Diego Mesa College
7250 Mesa College Drive, Clairemont Area
San Diego, CA

SAN DIEGO, CA– McCarthy Building Companies, Inc. (, one of the nation’s leading education facility builders, has completed construction for the new 206,000-gross-square-foot, four-story Math+Science Complex in the heart of San Diego Mesa College, located at 7250 Mesa College Drive in the Clairemont area of San Diego, Calif.

Representing the largest new project to be built on the San Diego Mesa College campus with Propositions S and N construction bond funds, the $109 million project is the first in the San Diego Community College District to use a combination design build, design assist and CM multiprime delivery method.

“The Math+Science Complex was more technically involved than other construction projects we’ve undertaken, which drove the decision to use this delivery method,” said Lance Lareau, District Architect for the San Diego Community College District. “We’re pleased McCarthy was able to deliver the project on budget and well ahead of the planned opening date.”

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

Best regards,
Bonnie Kutch, Director
Kutch & Company for
McCarthy Building Companies, Inc. - San Diego

Frank Lloyd Wright’s Winslow House in River Forest IL Listed for $2.4 million

Frank Lloyd Wright-designed William H. Winslow House, River Forest, IL

Pamela Tilton

CHICAGO, IL  (Dec. 11, 2013) – Premier real estate brokerage firm Jameson Sotheby's International Realty (JSIR) has announced that the firm is representing the Walker family in the sale of the historic William H. Winslow House in River Forest, Ill.

The Winslow House, which represents architect Frank Lloyd Wright’s first independent commission, will be listed for $2.4 million on December 16.

 "The Winslow House exemplifies a truly exceptional living experience, and is so special because it is the type of landmark home that rarely comes on the market,” said Chris Feurer, chief executive officer at JSIR.

“We’re honored to be entrusted with the sale of this important piece of architectural history, which is as cherished today as it has been for generations.”

 Built in 1893, most of the home’s features are original, including the quarter-sawn white oak floors and hand-carved front door, columns and archways.

Some of the home’s features were fabricated by its original owner, William H. Winslow, including bronze sconces and other ironwork details that still adorn the home’s interiors and exterior.

Chris Feurer
The Winslow Brothers Company, makers of ornamental ironworks, fabricated the façade of the Carson Pirie Scott building and much of the copper-plated, cast-iron ornamental designs in the former Chicago Stock Exchange.

Winslow met Wright while the young architect was working for the architectural firm Adler and Sullivan.

 “While other Frank Lloyd Wright homes have endured decades of remodeling, the Winslow House is one of the best-preserved Wright homes,” said Pamela Tilton, the JSIR broker representing the Walker family. “The seller has owned the home for more than 55 years, and there have only been five owners in its entire 120-year history.”

A grand reception hall with a private inglenook, featuring built-in seating and a fireplace, greets visitors upon entry into the home.

Tilton said some of the stand-out features include a living room with a polygonal bay window with built-in seating, and a dining room with a stunning solarium with built-in seating and art-glass windows.

Frank Lloyd Wright
“Tangible evidence of Wright’s emerging design philosophy is visible throughout the house,” said Tilton. “It’s hard to imagine that at the young age of 26, Wright created such architecturally significant buildings and interior designs.”

The 5,036-square-foot home also includes very generously sized rooms, such as a library, four bedrooms, a family room with a fireplace and 3½ baths, in addition to a servant’s quarters on the third floor.

 The Winslow home exhibits early features of Wright's Prairie style, including wide eaves, a hipped roof and Roman brick. A large stable, also reflective of early Prairie style design, sits behind the home.

The stable had originally been built for carriages and horses, but was subsequently modified to accommodate cars. It also has living space that includes one bedroom and 1½ baths.

 Among the few renovations made over the last century, are the enclosure of the back porch, a remodeled kitchen and the addition of a powder room on the first floor.

Colleen Vihtelic
“The enclosed porch is an ideal spot for entertaining or just relaxing with family,” said Tilton. 

“But the floor plan throughout the home has lots of private nooks, which are perfect for curling up with a book, or catching up with friends.

" The Winslow House embodies the quaint time period of a century ago, along with a contemporary lifestyle. It is truly ideal for both entertaining and daily living.”     

 Very few tours of the Winslow House have been granted over the past 55 years, although the Walker family routinely welcomed architects from all over the world arriving unannounced at their doorstep.

“My family has cared for this home for more than 55 years, and it holds a special place for us and for all who admire Wright’s work,” said Peter Walker, of the Walker family. “My brothers and I grew up in this home and we hope that the next family will be good stewards and enjoy the home as much as we did for decades to come.”

 A note signed by Wright is in the Walker family library, simply stating to Bill Walker, Peter’s father, "Take good care of it." 

Walker added, “My mother kept the home in pristine condition up until her death earlier this year, and preserving its history and character has been a great source of pride for our family.”

 After Wright’s death in 1959, the American Institute of Architects Board passed a resolution stating that seventeen of his most significant works “be forever preserved.” The Winslow House was toward the top of that list, and was later added to the National Register of Historic Places in 1970. 

Feurer added, “Jameson Sotheby’s mantra has long been to ‘Expect the Exceptional.’

 And representing the owners of a home this rare, and this rich in international history and elegance, is both humbling and rewarding.”

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

Julie Liedtke,

Kim Manning,

For more information on the Winslow House, contact Pamela Tilton at 312.446.7714 / or Colleen Vihtelic at 773.255.5837 /


FrontDoor Communities Continues to Expand Presence in Georgia

ATLANTA, GA (Dec. 11, 2013) – FrontDoor Communities is continuing to expand its presence in the Georgia market, this time with a new community in Atlanta’s popular Cobb County.

Eric White
CopperLeaf,” will consist of 24 single-family homes with as many as five different floor plans ranging in size from 2,800 to 4,000 square feet.

Located off Stilesboro Road in West Cobb County with close proximity to Barrett Parkway, CopperLeaf will provide residents with convenient access to the top-rated Kennesaw Mountain High School, Pine Mountain Middle School and Hayes Elementary School, as well as access to recreation and shopping destinations.

“Our priority at FrontDoor communities is to build better homes through quality design, and we are very excited to be in a position to bring the FrontDoor lifestyle to another area in Georgia,” said Eric White, division vice president of FrontDoor Communities.

“We recognize the importance of education in a family’s decision to purchase a home. The proximity to and quality of schools nearby only adds to the value of the homes and enriches the community as a whole.”

Homes in CopperLeaf will reflect the company’s signature architectural style and feature amenities such as spacious lots with 20,000 square feet or more, three-car garages with side entries and basements. Prices for completed homes will start in the low $400,000’s.

 Construction is expected to begin in early 2014 and homes will be move-in ready by late summer.

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

Michael Phillips                                                                                                                

HFF closes $16.1 million sale of The Gateway at Sawgrass in Sunrise, FL

The 40,136-square-foot  Gateway at Sawgrass retail center, Sunrise, FL

Karen Reiter
MIAMI, FL – HFF announced today that it has closed the sale of The Gateway at Sawgrass, a 40,136-square-foot retail center in Sunrise, Florida.

               HFF marketed the properties on behalf South Florida-based Stiles.   The buyer, Gateway at Sawgrass Investments LLC, purchased the property for $16.1 million free and clear of existing debt. 

Affiliates of Gateway at Sawgrass Investments LLC, continue to actively pursue national retail portfolio acquisitions in the South Florida market.

               The Gateway at Sawgrass is located near the Interstate 595 and Interstate 75 interchange, adjacent to Sawgrass International Corporate Park and less than three miles from Sawgrass Mills Mall and BB&T Center in east-central Broward County. 

Danny Finkle
Completed in 2008, the center includes tenants such as Starbucks, Chipotle, GameStop, Mattress Firm and Subway.  The center is shadow-anchored by South Florida’s only IKEA. 

               The HFF team representing the seller was led by senior managing director Danny Finkle, director Luis Castillo and senior real estate analyst Rob Saracco. 

The buyer was represented by Karen Reiter, Michael Matluck and Adam Freeman with ICS Realty and its legal counsel Alex D. Sirulnik Esq.

Luis Castillo
“Gateway at Sawgrass benefits from an extremely high-traffic location fronting IKEA and is surrounded by strong demand drivers,” said Castillo.

 “The quality of the property and its long-term potential made it a highly coveted investment opportunity.”

HFF has capitalized more than $4.3 billion in retail assets nationally through third quarter 2013.

 The HFF Florida team has capitalized more than $476 million in retail transactions during this time.

Michael Matluck

Stiles is a private full-service commercial real estate company responsible for the development of more than 40 million square feet of quality office, industrial, retail, mixed-use and residential property throughout the southeast United States.

 In addition to investment, financial and development services, the company also specializes in construction, architecture, realty and property management.

HFF (Holliday Fenoglio Fowler, L.P.) and HFFS (HFF Securities L.P.) are owned by HFF, Inc. (NYSE: HF).

Adam Freeman
 HFF operates out of 22 offices nationwide and is a leading provider of commercial real estate and capital markets services to the U.S. commercial real estate industry.

HFF together with its affiliate HFFS offer clients a fully integrated national capital markets platform including debt placement, investment sales, equity placement, advisory services, loan sales and commercial loan servicing.

 For more information please visit or follow HFF on Twitter at  

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

Kristen M. Murphy
Associate Director
HFF | One Post Office Square, Suite 3500 | Boston, MA 02109
Main: 617-338-0990 | Direct: 617-848-1572 | Cell: 617-543-4873 |

HFF sources $105 million secured credit facility for N3 Real Estate

DALLAS, TX – HFF announced today that it has sourced a $105 million secured credit facility for N3 Real Estate backed by a portfolio of  more than 50 net-leased  retail assets.

 The properties are predominantly single-tenant, triple net lease assets in various cities across the United States.

               HFF worked on behalf of N3 Real Estate to secure the $105 million financing through a bank syndicate including KeyBank Real Estate Capital, Regions Bank and Comerica Bank. 

Key Bank served as the administrative agent and lead arranger with Regions serving as syndication agent.  The transaction included a $60 million term loan and a $45 million revolver.  The facility will allow N3 to grow its portfolio significantly in the future.  

Travis Anderson
               The initial portfolio is 100 percent occupied with an average remaining lease term of more than 11 years.  Furthermore, the portfolio’s tenant profile is approximately 35 percent investment grade. 

               The HFF team representing the borrower was led by managing director Travis Anderson and De’On Collins.

N3 Real Estate (Southlake, TX) owns, manages and develops net-leased retail assets across the United States. 

 Founded in 2004, N3 has developed more than 200 single and multi-tenant retail projects for national and local retailers across the United States.   Today, N3 owns and manages more than $200 million of retail assets with an additional $250 million available for investment.

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

Kristen M. Murphy
Associate Director
HFF | One Post Office Square, Suite 3500 | Boston, MA 02109
Main: 617-338-0990 | Direct: 617-848-1572 | Cell: 617-543-4873 |