Monday, February 23, 2015

HFF closes sale of Hilton Clearwater Beach in Florida

Hilton Clearwater Beach Hotel, 400 Mandalay Avenue, Clearwater Beach, FL

Alexandra Lalos
TAMPA, FL – HFF announced today that it has closed the sale of the Hilton Clearwater Beach, a 416-key hotel overlooking the Gulf of Mexico in Clearwater Beach, Florida. 

HFF marketed the property on behalf of the seller, an affiliate of Blackstone.  An affiliate of Columbia Sussex Corporation purchased the offering free and clear of existing debt. 

  The purchaser is entering into a long-term franchise agreement with Hilton and will assume property management responsibilities.

                The full-service hotel is situated on 10 acres directly on the sand at 400 Mandalay Avenue in Clearwater Beach.  

The property is located immediately proximate to the terminus of Clearwater Memorial Causeway, affording the hotel visibility and access from downtown Clearwater, Tampa International Airport and Interstate 75.

Dan Peek
Renovated in 2006, the nine-story Hilton-branded hotel features 40,000 square feet of indoor and outdoor function space, two beach-side swimming pools, state-of-the-art fitness center, a kids club and water sports rentals and activities.

 The hotel has four dining options, including Reflection, a full-service restaurant offering gourmet cuisine and views of the beach and Gulf of Mexico; Coaster’s Lounge in the lobby; the poolside Sand Bar & Grill and the Tiki Bar.  

The Hilton Clearwater Beach is the only hotel outlet in Clearwater Beach providing service directly on the sand. 

                The HFF investment sales team representing the seller was led by senior managing director and head of HFF’s hotel group Dan Peek, director Max Comess and real estate analysts Alexandra Lalos, Zach Nolan and Preston Reid.

“This is a milestone transaction for Clearwater Beach and the Florida resort market in general,” Peek said.  

Zach Nolan
“Like many of its resort peers, the Hilton is enjoying a robust recovery and record-breaking performance, which attracted investors from around the globe.”

“To say that the Pinellas County lodging market is in the midst of a renaissance would be an understatement,” Comess added. 

 “We are seeing the continued transformation of Clearwater and St. Petersburg from a second-tier, regional vacation spot to one of the fastest growing resort destinations in the U.S. with impressive year-round performance.”

In the year ending 2014, HFF’s Hotel Group closed more than $3.5 billion in hotel transactions across all capital markets involving more than 100 hotels and resorts.  The firm is particularly active in Tampa Bay’s coastal region, where it has recently closed transactions on hotels such as the Sandpearl, Hyatt Clearwater Beach, Sheraton Sand Key and the Residence Inn Clearwater.

Max Comess
Blackstone is one of the world’s leading investment firms.  Further information is available at  Follow Blackstone on Twitter @Blackstone. 

Columbia Sussex is a private hotel company based in Crestview Hills, Kentucky.

 The company, owned by the Yung family, owns and operates hotels in various parts of the United States.

As of 2014, the company operates 41 hotels under 8 different brands. 

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

Olivia Hennessey
Public Relations Coordinator
HFF | 9 Greenway Plaza, Suite 700 | Houston, TX 77046
tel 713.852.3403 | fax 713.527.8725 |

HFF arranges acquisition financing for Class A multi-housing community in Austin, TX

Avendaro at Canyon Creek Apartments, 9807 Ranch Road 620 North, Austin, TX

Eric Tupler
DENVER, CO – HFF announced today that it has arranged financing for Avendaro at Canyon Creek, a 296-unit, Class A, garden-style multi-housing complex in northwest Austin, Texas.

HFF worked on behalf of the borrower, Griffis Residential, to secure the nine-year, 3.56 percent, fixed-rate loan through a correspondent life insurance company.  

Loan proceeds were used to acquire the property, and HFF will service the loan.

                Avendaro at Canyon Creek is situated on 23.767 acres at 9807 Ranch Road 620 North in Austin, which was named by Kiplinger as the “No. 1 Best City for the Decade.”

 Located along State Highway 620, the property is approximately 17 miles north of downtown Austin near State Highway 45 and Interstate 35.

 The 13 two- and three-story buildings are composed of 132 one-, 140 two- and 24 three-bedroom units averaging 965 square feet. 

Josh Simon
  Community amenities include a clubroom with full kitchen and catering area, media room with theatre seating, DVD and gaming library, business center, 24-hour fitness center, resort-style swimming pool with spa, outdoor media lounge with fireplace, children’s play area, sand volleyball court and dog park.

                The HFF debt placement team was led by senior managing director Eric Tupler, managing director Josh Simon, associate director Casey Wenzel and real estate analysts Leon McBroom and Bryan Harvey.

Griffis Residential is a multifamily real estate investment company that owns and manages approximately 6,000 Class A apartment units in Colorado, Nevada and Texas. 

With a property portfolio valued at approximately $900 million, Griffis Residential is the second largest institutional quality Class A multifamily apartment owner in Colorado. 

Headed by Ian Griffis, David Birnbaum and Tom Barta, Griffis Residential focuses on balancing an aggressive expansion strategy with a superior guest experience for its residents.

Casey Wenzel
  For more information visit or contact Griffis Residential chairman, Ian Griffis (; CEO, David Birnbaum ( or COO, Tom Barta (

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

Olivia Hennessey
Public Relations Coordinator
HFF | 9 Greenway Plaza, Suite 700 | Houston, TX 77046
tel 713.852.3403 | fax 713.527.8725 |

HFF arranges $30 million financing for office tower in downtown San Diego, CA

101 Ash Street, Downtown San Diego, CA

Tim Wright
SAN DIEGO, CA  – HFF announced today that it has arranged $30 million in financing for 101 Ash, a 347,087-square-foot office tower with subterranean parking in downtown San Diego, California.

                HFF worked on behalf of the borrower, The Gas & Electric Headquarters Building – San Diego, LP, an entity controlled by Shapery Enterprises, to secure the loan.  

                101 Ash Street is located in the heart of downtown San Diego in the Broadway Corridor.  The property is adjacent to the Civic Center and is currently within walking distance to the bay front, Little Italy and the Gaslamp District.  It is approximately three blocks from the on and off ramps for Interstate 5.

 The asset offers views of the San Diego Bay, downtown, Coronado Island, Balboa Park and the Pacific Ocean.  

Currently one hundred percent leased to Sempra Energy, the 21-story building will be repositioned at the expiration of Sempra’s lease mid-year.

The HFF team representing the borrower was led by senior managing director Tim Wright and director Zack Holderman.

“Working with a forward-thinking sponsorship team and being able to market a well-maintained office asset such as the 101 building enabled us to successfully structure a loan that both addressed the looming lease expiration and the long-term strategic repositioning plan for the asset,” Holderman said. 

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

Olivia Hennessey
Public Relations Coordinator
HFF | 9 Greenway Plaza, Suite 700 | Houston, TX 77046
tel 713.852.3403 | fax 713.527.8725 |

HFF arranges $166.66 million combined financing for recently-constructed Class A residential buildings in Southern California

The Marke at South Coast Metro, 100 East MacArthur Boulevard, Santa Ana, CA

IRVINE, CA – HFF announced today that it has arranged $166.66 million in combined financing for two recently-constructed, Class A multi-housing communities totaling 670 units in Southern California.

Palomar Station, 1257 Armorlite Drive,  San Marcos, CA
                HFF worked on behalf of Lyon Communities to secure the $88 million, 10-year, 3.32 percent, fixed-rate loan for The Marke at South Coast Metro and the $78.66 million, 10-year, 3.32-percent, fixed-rate loan for Palomar Station.

 Both loans were financed through Freddie Mac’s premiere lease-up program.  The Marke and Palomar Station were 63 and 55 percent occupied at closing, respectively. 

The Marke at South Coast Metro is Lyon’s flagship lifestyle community.  Situated on 4.44 acres at 100 East MacArthur Blvd in Santa Ana, which is in Orange County’s South Coast Metro region, the property is near major arteries such as Interstate 405 and California 55. 

Ryan Capretta
Completed in 2014, the building’s 300 units are composed of 168 one-, 118 two- and 14 three-bedroom units averaging 917 square feet. 

  The resort-style property features a saltwater pool with an outdoor theater, private cabanas, outdoor fire pits and dining tables; a clubhouse with bowling lanes, billiards, Ping-Pong, arcades, a bar/restaurant and an elite training facility with NFL Combine trainer Ryan Capretta of Proactive Sports Performance. 

On the main level, two courtyards with gas barbecues, outdoor fire pits and seating offer residents another common area.  

Services include customized health and fitness programs, food and beverage service, event planning, housekeeping and pet services including walking, grooming and care. 

  The property consists of five levels of living area surrounding a six-story parking garage with one subterranean level.

Palomar Station, a 370-unit lifestyle community, is Lyon’s newest development.  Located at 1257 Armorlite Drive in San Marcos, it’s approximately 35 miles north of San Diego and is just one block from Palomar College and the Sprinter Commuter Rail, which connects services to and from downtown San Diego, in addition to Orange County and Los Angeles.

Charles Halladay
 The 16 buildings each have three stories and house 186 one-, 140 two- and 44 three-bedroom units averaging 931 square feet. 

  Completed in 2014, the property features two resort-style pools, a spa, two e-business centers, pet spa, conference center, outdoor TV wall, fitness center, Wi-Fi access in outdoor areas, game room, fire pits, bike storage, barbeques and an entertainment area.  

Additionally, Palomar Station includes in-line retail and private parking.

                The HFF team representing the borrower was led by managing director Charles Halladay and real estate analyst Sebastian Trujillo. 

                From beachfront towers to inviting garden-style neighborhoods, Lyon Communities provides award-winning rental living experiences tailored to evolving consumer lifestyles.  Its apartment communities comprising approximately 8,000 homes are located in many of California, Colorado, Georgia and Florida’s most desirable locations.  For more information, visit

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

Olivia Hennessey
Public Relations Coordinator
HFF | 9 Greenway Plaza, Suite 700 | Houston, TX 77046
tel 713.852.3403 | fax 713.527.8725 |

Winston James Development has new tenant at Beville Road Business Park in South Daytona Beach, FL

Winston Schwartz
SOUTH DAYTONA BEACH, FL -- Winston James Development, developers of the Beville Road Business Park at 933 Beville Rd. in South Daytona Beach, has a new tenant— Skip’s Catering Service.

Winston Schwartz, president of Winston-James Development, said Skip’s Catering has leased 1,050 square feet at the Beville Road Business Park. 

Skip’s Catering, according to Schwartz, will manufacture and distribute prepared food products at its Beville Road Business Park facility.

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

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

NAI Realvest brings LED lighting Franchise to the Florida One Shoppes in South Orlando, FL

Kimberly Manson

Jeffrey Tanner
ORLANDO, FL – NAI Realvest recently completed a new lease agreement for 3,729 square feet of retail space at 9350 S. Orange Blossom Trail in the Florida One Shoppes located just south of the Florida Mall in Orlando. 

Kim Manson, director of retail and investment sales at NAI Realvest and Jeffrey Tanner, senior vice president of investment sales and leasing brokered the transaction representing both the tenant and the landlord.

The Tenant, KCH Lights LLC, a Florida Limited Liability Company dba LED King, is a retailer of high quality LED lighting for homes, schools and commercial use.    

The Landlord of Florida One Shoppes is Florida One Family Limited Partnership headquartered in Altamonte Springs, Florida.  

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

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

NAI Realvest Negotiates Three Florida Retail Property Transactions in Sanford and Altamonte Springs

Kevin O'Connor
ORLANDO, FL  – NAI Realvest recently negotiated two leases and a sale involving retail properties in Sanford and Altamonte Springs. 

The NAI Realvest retail team of principals Kevin O'Connor, Matt Cichocki, and associate Mitch Heidrich represented the tenant Hertz Equipment Rental Corporation  of Park Ridge, N.J. in the lease of a 15,425 square foot retail building on a 1.49-acre site  at 1501 W. First St. (SR 46) in Sanford. 

The tenant will operate a heavy equipment rental business on the property.  The landlord is Nadooda Investments Corp.

Jinja Trading and Investments Inc. of Ft. Lauderdale purchased a 2,000 square foot retail building in Sanford at 3021 U.S. Hwy. 17-92 to open the second central Florida location of Pat’s Liquors, a full service store of fine wine and spirits. 

Juan Jimenez and Paul P. Partyka of The Partyka Group at NAI Realvest negotiated a $325,000 sale price for the property representing the seller, Boulder, Colo.-based Buffalo Land Company. 

Jeff Bloom
Jeff Bloom, CCIM, senior director at NAI Realvest negotiated a new lease of the 2,485 square foot retail/restaurant building at 895 S.R. 436 in Altamonte Springs. 

  Bloom represented the tenant Oviedo-based Huey Magoos a restaurant specializing in chicken tenders.  The landlord is MDS Altamonte City Centre, LLC of Orlando.

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

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

NAI Realvest Completes $600,000 sale of former BB&T Branch Bank on Corrine Drive in Orlando, FL

Mitch Heidrich
ORLANDO, FL -- Two NAI Realvest broker teams recently negotiated a $600,000 sale of the former BB&T branch bank building at 3101 Corrine Drive in Orlando.

Kevin O’Connor, Matt Cichocki and Mitch Heidrich represented Seller BB&T, as successor for Colonial Bank, based in Winston-Salem, N.C.

Paul P Partyka and Juan Jimenez represented NPJ Partners, LLC the local buyer of the 2,200 square foot facility.

Buyer plans to do renovations on the property and try to land a national company for a long-term lease, Partyka said.    

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

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

NAI Realvest Negotiates $3.71 Million Sale of Three Industrial Buildings at Airport Industrial Center in Southeast Orlando, FL

Christie Alexander
ORLANDO, FL– NAI Realvest recently negotiated the $3,710,000 sale price for three industrial buildings totaling 63,000 square feet plus outside storage land at the Airport Industrial Center, 7452-7466 Narcoossee Rd. in southeast Orlando.

The Boston-based seller BIEL, REO, LLC was represented in the transaction by the Livingston Group (broker associate Drew Saphos, CCIM, principal Christie Alexander, and chairman George Livingston), principal Michael Heidrich, and associate Kristen Kemp.

 IC BP III Holdings, XII, LLC of San Francisco was the buyer of the property, which was 100 percent leased by Heidrich and Kemp.

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

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

Marcus & Millichap Arranges $23.85 Million Manufactured Home Community Sale in Tempe, AZ

Chaparral Mobile Village, Tempe, AZ

Douglas Danny
TEMPE, AZ, Feb. 23, 2015 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced the sale of Chaparral Mobile Village, a fully improved, 359-site, all-age manufactured home community in Tempe, Ariz.

The investment real estate asset sold for $23,850,000, which equates to $66,435 per space at a 6.25 percent cap with a 43.75 percent expense load or $3,232 in expenses per site.

Douglas Danny, first vice president investments in Marcus & Millichap’s San Diego office, along with Octavian Paul, associate in the firm’s Phoenix office, represented the seller, Kort & Scott Financial Group. The buyer is a family trust.

“The property provides the new owner with location, demand, incubation upside and immediate cash flow in a scarce marketplace,” says Danny. “The offering generated multiple offers and was sold to one of the premier manufactured home community buyers in the marketplace.”

Octavian Paul
Chaparral Mobile Village features a clubhouse, a children’s game room, a laundry, two swimming pools, a spa, a children’s playground and sports facilities. Built as 360 sites, one of the spaces is dedicated to open space. 

All of the spaces are accessed via an interior asphalt paved roadway that has rolled cement and some cement sidewalks around the common area amenities. 

Electric service is provided to each individual space by individual meters that are master-metered by the utility companies and charged to the park. The park has all city services. 

Chaparral Mobile Village was built in 1971 on 45.1 acres and has a density of 7.69 sites per acre. 

The current site breakdown is 211 single-wide spaces and 148 double-wide spaces, of which 54 are small and 95 are large. 

There are four one-story buildings and the building area contains 5,316 square feet of clubhouse/office space, a 1,227-square-foot children’s playroom, a 1,042-square-foot laundry facility and a 1,042-square-foot maintenance shop. The total square footage for these buildings is 8,627 square feet.

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

Gina Relva
Public Relations Manager
(925) 953-1716

Passco Cos. Adds Industry Veteran Bob Peterson as Vice President of Investments

Bob Peterson
IRVINE, CA (Feb.  23, 2015) – Passco Companies, LLC has appointed industry expert and veteran Bob Peterson as Vice President, Investments for the company.

In his new role, Peterson will be responsible for identifying, negotiating to acquire, underwriting and completing due diligence for the company’s office, industrial and retail acquisitions throughout the nation, including both stabilized and value-add investments, according to Bill Passo, CEO of Passco Companies LLC.

“Bob has worked in real estate for more than three decades, with a primary focus on real estate investment management,” explained Passo. 

“His vast knowledge and expertise will bring tremendous value to our investment team at Passco Companies as we continue to identify and acquire commercial real estate investments nationwide that provide attractive returns for our investors.”

Over the duration of his career, Peterson has led the investment process for more than $6 billion in office, industrial, retail and multifamily transactions. This experience has allowed Peterson to develop a diverse background including capital formation, acquisitions, financing, leasing and management.

Bill Passo
Peterson noted, “I am thrilled to be joining such an experienced and successful company and team, and look forward to supporting Passco’s investment process, as the company continues its growth in the coming years.”

Prior to joining Passco Companies, Peterson was Managing Director at Buchanan Street Partners, Chief Investment Officer at Cornerstone Real Estate Funds and Executive Vice President of Acquisitions and Dispositions for KBS Realty Advisors.

Peterson has also served on Executive Management and Investment Committees for over 20 years, and has served on the Board of Directors of a public real estate company.

In addition to his professional positions, Peterson has earned several top industry certifications including Certified Public Accountant (CPA), Certified Commercial Investment Member (CCIM), and Certified Property Manager (CPM), and he is a licensed Real Estate Broker in the State of California. 

Peterson has also been involved with the National Association of Industrial and Office Properties (NAIOP) for 25 years, including serving on the Southern California Chapter’s Board.

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

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

HSA Commercial Completes 48,000-SF Lease with Forest Envelope in Bolingbrook, IL

309 East Crossroads Parkway, Bolingbrook, IL

Timothy Thompson
CHICAGO, IL (Feb. 23, 2015) — Timothy Thompson, executive vice president and managing director of the Industrial Brokerage division of HSA Commercial Real Estate, represented ownership of an industrial facility located at 309 East Crossroads Parkway, Bolingbrook, Ill. in a 48,024-square-foot long-term lease with Forest Envelope Company.

 Forest Envelope, a manufacturer and printer of specialty envelope products, is more than doubling the size of its operations as the firm relocates from its current 23,000-square-foot building in Lisle.

An entity affiliated with HSA Commercial, Inc. purchased the Crossroads Parkway building in December 2010. 

The fully air conditioned facility is located just minutes away from the interchange of Bolingbrook Drive and Interstate 55 just west of Interstate 355, two of Chicagoland’s most vital transportation corridors.

Mark Moran
Furthermore, the Crossroads Parkway building offered Forest Envelope a fully built-out, 7,794-square-foot office space for the company’s administrative and sales staff.

Forest Envelope Company was represented by Mark Moran, executive vice president and partner at NAI Hiffman.

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

Mark Thomton,, 312-267-4523

The Preiss Company Acquires Vista Student Housing Complex at the University of Denver in Joint Venture

The Vista student housing complex, 1920 South University Boulevard
across street from University of Denver campus, Denver, CO

Donna Preiss
DENVER, CO and RALEIGH, NC,  Feb. 23, 2015—Officials of The Preiss Company, the nation’s third largest, privately held student housing owner-operator, today announced that it continues to execute on its aggressive growth plan with the joint venture acquisition of The Vista, a student housing complex located directly across from the University of Denver. 

The 286-bed property was purchased for an undisclosed amount by a joint venture comprised of Preiss, Baltimore-based Criterion Holdings, LLC as the general partner, and a separate private investment group.  The Preiss Company will oversee the property’s operations, as well as an estimated $500,000 upgrade to the facilities.

“This is one of only two purpose-built student housing complexes serving the University of Denver and matches up well with our portfolio,” said Donna Preiss, founder and CEO of The Preiss Company. 

The Vista is located at 1920 South University Blvd., directly across from the University of Denver campus, several miles from downtown.  “Barriers to new development are extremely high in this location, which made this acquisition particularly attractive,” Preiss noted.  “When we complete our renovation and implement our proprietary operating programs, we expect to see high ratings from our student renters, as well as excellent returns.”

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

 Amy Barger, Vice President of Marketing
The Preiss Company
(919) 532-1114

X Team Partner Florida Retail Partners Brings Kingsway Plaza in Brandon, FL to 100 Percent Leased

Kingsway Plaza, Brandon, FL

TAMPA, FL   — Florida Retail Partners, an X Team partner has turned around the once struggling Kingsway Plaza, a 78,000 square foot retail center in Brandon, FL. 

Since being assigned leasing responsibilities for the retail center in 2011 Florida Retail Partners has brokered 10 deals totaling 65,000 square feet bringing the center to 100% occupancy.  The deals were brokered by Pattie DeWitt of Florida Retail Partners representing the Landlord.

  “This is great news for the community,” according to DeWitt. “The center now has an anchor tenant, Dollar Tree, and is a vibrant part of the community.  

"When we assumed the leasing the center had no anchor tenant and was at best 65% occupied.”

A 1,270 square foot lease this month with Margaret’s Bath & Bark Boutique brings the center to 100% occupancy.  Among the tenants Florida Retail Partners has brought to the retail center located at the corner of Kingsway Rd and Windhorst Avenue are Dollar Tree, Brickhouse Cardio Club, The Children’s Board Family Resource Center, Purdy’s Frozen Yogurt, Ace Pest Control, Dani’s Hair Salon, Hayes Martial Arts and Westshore Pizza.

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

Kalyn Brandewie

Capital Square Realty Advisors Completes DST Investment Offering of Chicago Parking Portfolio

Buddy's Parking, Chicago, IL
 CHICAGO, IL (Feb. 23, 2015) – Capital Square Realty Advisors, LLC announced today that its Delaware Statutory Trust investment offering, CSRA Chicago Parking I, DST, comprised of two parking garages in downtown Chicago, has been fully subscribed by investors. 

The portfolio was acquired in partnership with Century Parking Group.

“This DST portfolio provides investors the opportunity to participate in the ownership of a unique real estate sector that can provide steady income and inflation protection, as parking rates can be readily adjusted, unlike other commercial real estate asset classes,” said Louis Rogers, founder and chief executive officer of Capital Square Realty Advisors.

Louis Rogers
“The parking garages are 100 percent leased to Buddy’s Parking, a local parking operator, and are located in heavily trafficked districts of downtown Chicago with high barriers to entry. 

"They also benefit from their proximity to numerous retailers, restaurants, office buildings and residential towers either on site or within walking distance.”

The first parking facility, 100 E. Walton St., is a seven-story valet parking garage that is part of a mixed-use development containing retail and office space, and 31 floors of individually owned condominiums. 

Centrally located adjacent to Michigan Avenue in Chicago’s Gold Coast historic shopping and dining district, the property is directly across from Bloomingdale’s and in walking distance to many fashion retailers and restaurants. 

The Illinois Department of Transportation reported an average daily count of 37,900 passenger vehicles along North Michigan Avenue.

Also included in the portfolio is 1 N. Halsted St., which is part of a 38-story mixed-use development known as Skybridge. 

The property is located in Chicago’s West Loop neighborhood, near multiple condo, hotel and office development projects. 

Whole Foods currently leases the ground floor of the property, and is expected to open its doors in 2015. 

The Illinois Department of Transportation reported an average daily count of 21,000 passenger vehicles along North Halsted Street.

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

Julie Leber
Spotlight Marketing Communications
949.427.5172, ext. 703
509-338-5676 - cell

Sales Soar at The Atlantic as Buyer Demand Increases

The Atlantic, 270  17th Street NW, Atlanta, GA

Atlanta, GA (Feb. 23, 2015)— Since releasing Phase One of for sale homes last spring, condominiums at The Atlantic are moving quickly with nearly 75 percent of this phase of homes sold.

Midtown’s tremendous economic growth – including the booming West Midtown area – has increased demand for condominiums, and with limited inventory available citywide, 

The Atlantic anticipates that it will soon release the second phase of inventory.

The Atlantic, a striking 47-story residential tower with ornate Art Deco design, is a fixture in Atlanta’s skyline. One-bedrooms begin at $302,900 and two- and three-bedroom homes range from $379,900 to $613,900.

The Atlantic is located at 270 17th Street NW, Atlanta, GA, 30363 and is a Crescent Heights ® Inspired Community. For more information call (404) 961-7111 or visit

Exclusive sales and marketing is by The Marketing Directors, LLC

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

 Liz Lapidus/Andi Hill
Liz Lapidus PR 404-688-1466 or