Saturday, March 1, 2014

CBRE Global Investors Wins Multiple BOMA Georgia Awards

201 17th Street, Atlanta, GA

271 17th Street. Atlanta, GA
 ATLANTA – Feb. 27, 2014 – Two properties at Atlantic Station owned by CBRE Global Investors were each recently honored with The Outstanding Building of the Year® (TOBY) Awards from the Building Owners and Managers Association (BOMA) Georgia:
201 17th Street received the 2013 TOBY Award in the 250,000 to 499,999 square-foot category

271 17th Street received the 2013 TOBY Award in the 500,000 to one million-square-foot category

“I am very proud of our team and honored to win such prestigious awards,” said John Gilb, principal at CBRE Global Investors. “I think this just reinforces what a successful turnaround we’ve had at Atlantic Station in the past three years.”

 The TOBY awards are the most prestigious and comprehensive awards in the commercial real estate industry recognizing quality in buildings and rewarding excellence in building management.

Megan Montgolf
Members of the winning team include Jennifer Corbitt, Julie Hicks, Kristin Olson, Michael Gierscher, Mark Franklin, Chip Smith, Megan Montgolf  and Darnell Howard.

 Both buildings are LEED Gold certified and located in Atlantic Station, the nation’s largest brownfield redevelopment, which has been transformed from an abandoned steel mill to a thriving mixed-use community.

Buildings are judged on everything from community involvement and site management to environmental and green policies and procedures.

Winners of the BOMA Georgia Awards will advance to the BOMA Southern Region competition to be awarded in April in Birmingham, Ala.

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

Elizabeth Hagin • The Wilbert Group
1720 Peachtree St., Suite 350 • Atlanta, Ga. 30309
O: 404-748-1367  • M: 678-642-4301

HFF arranges $11.5 million financing for medical office building in Mint Hill, NC

Carolinas Health Care Systems, 10545 Blair Road, Mint Hill, NC

Stephen Skok
CHICAGO, IL - HFF announced it has arranged $11.5 million in financing for a 57,580-square-foot medical office building in Mint Hill, North Carolina.

HFF worked on behalf of Harrison Street Real Estate Capital, LLC to secure the four-year, non-recourse, floating-rate loan through a national bank.

The property is 100 percent master leased to Carolinas HealthCare System (“CHS”) and was built in 2006 to establish a CHS satellite location in the Mint Hill submarket. 

CHS is the largest healthcare system in Charlotte and operates more than 14 hospitals in the metropolitan area. The building is located at 10545 Blair Road just off Interstate 485, approximately 14 miles east of downtown Charlotte.

The HFF team representing the borrower was led by managing directors Stephen Skok and Timothy Joyce.

Timothy Joyce
Harrison Street Real Estate Capital was founded in 2005 and has approximately $5.8 billion in assets under management. The firm currently owns approximately $5 billion in real estate assets including more than 30,000 student housing beds, more than 6,800 senior housing/assisted living units, more than 3.6 million square feet of medical office space, and more than 36,000 self-storage units.
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 |

Charles Dunn Co. Completes $6 Million Sale of 20-Unit Multifamily Property in Santa Monica, CA

Kimberly Roberts Stepp

 LOS ANGELES, CA – Charles Dunn Company, one of the largest full-service regional real estate firms in the western United States, has completed the $6 million sale of a 20-unit multifamily property located at 1027-1033 20th Street in Santa Monica, Calif.

Kimberly Roberts Stepp, senior managing director with Charles Dunn Company, represented the seller, Santa Monica-based Eisen, LLC, as well as the buyer, Los Angeles-based 1027 ENA, LLC. The transaction closed at a 3.7 percent cap rate. 

Built in 1956, the property is located in a prime location north of Wilshire and just two blocks south of the prestigious Montana Ave.

 It includes two, three-bedroom/two-bathroom units; 12, two-bedroom/one-bathroom units; and six, one-bedroom/one-bathroom units.

“This property offered the buyer excellent upside potential as the rents were 67 percent below market rates,” said Stepp. 

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

Darcie Giacchetto
D.G. Communications, Inc.

The Original Brooklyn Water Bagel Company Purchases Downtown Fort Lauderdale, FL Site for $450,000

Rendering of the Original Brooklyn Waer Bagel shop, 601 Southeast 3rd Avenue
 Fort Lauderdale, FL

Steve Hyatt
FORT LAUDERDALE, FlL - Berger Commercial Realty brokers Steve Hyatt and Joseph Byrnes recently represented H20 Bagel LLC in the purchase of a free-standing building, located at 601 S.E. 3rd Ave. in Fort Lauderdale, for $450,000 from Michael Buckley and his family. 

Located across the street from the new Broward County Courthouse, the existing building will be demolished. A new free-standing Original Brooklyn Water Bagel prototype restaurant, featuring an iconic water tower, will be built on the site.

"After a thorough search of both retail lease and sale opportunities in downtown Fort Lauderdale, the Original  Brooklyn Water Bagel Company selected this site due to its highly visible corner location directly across the street from the new 741,000-square-foot Broward County Courthouse Complex, the existing Broward County School Board headquarters, and the 110 Tower," said Berger Commercial Realty Senior Vice President Steve Hyatt.

Hyatt added that in addition to the appeal of the surrounding commercial and government office properties, the Original  Brooklyn  Water Bagel Company selected the site due to its proximity to more than 2,000 new residential units under development on the south side of the New River between Federal Highway and the SEC railroad tracks.

Joseph Byrnes
 "This is a very convenient location for these new residents, as well as a central hub and stopping point for the new Wave Streetcar line scheduled to start service in 2016," he said.
The Original Brooklyn Water Bagel purchase marks the eighth sales transaction Berger Commercial Realty has handled in the downtown Fort Lauderdale market in the past 16 months. 

The firm's brokers have noted an uptick in area sales of small infill retail, multifamily residential, and well-located office buildings since early 2010.

 "Businesses recognize that the momentum in downtown Fort Lauderdale is real, as evidenced by various new construction projects and cranes once again dotting the skyline. 

"Smaller players see the opportunity to provide goods and services to a new wave of workers and residents, thus driving the demand for commercial real estate space," Hyatt said.

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

Marielle Sologuren
Pierson Grant Public Relations
 (954) 776-1999, ext. 226

Thailand’s Sireeampan Boutique Resort & Spa Appoints Scott Flaxman as Executive Chef

Thailand Sireeampan Boutique Resort & Spa Chef Scott Flaxman
Chiang Mai, Thailand – Sireeampan Boutique Resort & Spa, the recently opened intimate 11-suite luxury resort in the heart of Chiang Mai, is pleased to announce the appointment of Scott Flaxman as executive chef.  A culinary veteran with over 22 years of experience worldwide, Flaxman brings a breadth of knowledge, expertise, and innovations to the boutique resort’s bespoke dining experience.

 “We are delighted to welcome Chef Scott Flaxman as executive chef of Sireeampan Boutique Resort & Spa,” said Jitsak Lim-Pakornkul, General Manager of Sireeampan.

 “We are fond of his vast knowledge of global cuisine, expert technique, and eagerness to further delve into Thai cuisine and culture.  His background as a caterer and private chef aligns perfectly with the intimacy and exceptional individualized service we offer our guests.”

Jitsak Lim-Pakornkul,
 Chef Flaxman has worked closely with the resort team to create a food and beverage program that is extremely personalized, accommodating, and simply exquisite.

 Each morning, setting the tone for a lavish, bespoke experience, Sireeampan offers its signature Anytime, Anywhere Breakfast.  Guests can select from fresh bread and pastries, seasonal fruits, savory delights and the finest selection of teas and coffees.  Delivered in a luxury wicker hamper basket, breakfast can be brought to them at anytime, anywhere they’d like in the resort. 

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

Mercatus Solar Investment Evaluations Double in 2013 to 11GW as Investors Target Emerging Asset Class

New York. NY--Investor interest in commercial solar projects has more than doubled in the last 12 months according to a report by Mercatus, Inc., the leading enterprise level investment analysis and decision making platform serving as the core "operating system" for solar energy investors.

Mercatus’ year-end analysis of commercial solar project investment and development trends revealed that exploration – and investment dollars – for solar projects is skyrocketing.

 Among the report’s findings, Mercatus reports growth by more than 200% in the number of projects evaluated for investors and developers from 2012 to 2013 using their industry leading platform, and over 150% in Q4 2013 vs Q4 2012 alone.

 The Mercatus Year-End Solar Investment Analysis ( is based on data from over 1,400 actual solar projects from over 50 financiers and 300 developers over the last two years, estimated to cover greater than 40% of the US market.

For a  full report and summary, please contact:

Eric R. Gerard
Senior Vice President
Great Ink Communications
27 Union Square West, Suite 205
New York, NY 10001
(212) 741-2977