Tuesday, March 17, 2015

Royal Institute of British Architects Presents Great by Design: British Architecture – Asian Vision in Hong Kong

The Peak_Architectural Model_
 Hong Kong
_by TFP Farrells:
 Architectural models,
like this one
of TFP Farrell’s Peak Tower,
 will be display during the exhibition

HONG KONG  – Great by Design: British Architecture – Asian Vision, an exhibition organised by The Royal Institute of British Architects (RIBA) in partnership with the GREAT Britain campaign , will open from 31 March to 11 April 2015 in Hong Kong, celebrating the international and collaborative nature of British architecture in Asia.

 Recognised for its audacity, innovation and creativity, British architecture has formed a natural and intuitive relationship with Asian vision, foresight and entrepreneurial flair to produce some of the world’s most creative and innovative projects.

Hysan Place_Interior View_Hong Kong_
by Benoy: Interior view of Hysan Place
 in Causeway Bay,
 designed by British architecture practice Benoy

Alongside the exhibition, there will also be a public forum and Asia’s first airing of ‘The Brits who Built the Modern World’, three short films by BBC TV.

Jockey Club Innovation Tower_
Louver Study_Hong Kong_by Zaha Hadid Architects: 
The exhibition showcases behind-the-scenes design materials
, like this Louver study showing airflows aroun
 the Jockey Club Innovation Tower
 at PolyU, designed by Zaha Hadid Architects

To showcase how the contemporary architectural landscape is shaped, Great by Design will offer the public rare insight into the creative background of some of the world’s most recognised buildings and outstanding recent projects. 

Great by Design will also highlight key moments in the development of various architectural landmarks, reflecting their impact not just for the people who use them, but also for the evolution of architecture itself.

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

Jessica Ching
T +852 2533 9949              

10/F, Oxford House, Taikoo Place, 979 King’s Road, Quarry Bay, Hong Kong

C&W Brokers Sale of former Riviera Southshore Site in Bradenton, FL

Margery Johnson
BRADENTON, FL – Cushman & Wakefield announced today that a team of its land brokerage professionals has completed the sale of the former Riviera Southshore development site.

The transaction, valued at $4,000,000, was brokered by Senior Director Margery Johnson, Executive Director Bruce Erhardt, and Associate Andy Slowik. Cushman & Wakefield represented ATC Realty Sixteen, Inc. The buyer was Bradenton Land Group.

The ±19.95-acre site is a 62-parcel assemblage with more than 1,000 feet of frontage on the Manatee River’s south bank. It is zoned Planned Development Project (PDP).

“Multifamily development at the riverfront should be highly successful,“ said Johnson. ”Not only because there are beautiful views, but also because there are good demand drivers in the area, such as Manatee Memorial Hospital."

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

Margery Johnson
Senior Director
(407) 541-4395

Jim Darrow and Jordan Gottlieb of Essex Realty Group, Inc. Presented Multiple Sales Awards

Jim Darrow

CHICAGO, IL – March 17, 2015 - Essex Realty Group, Inc. is pleased to announce that Jim Darrow and Jordan Gottlieb have been awarded Commercial Top Producers in 2014 by The Chicago Association of Realtors CommercialForum.

 Jim and Jordan were presented with the Platinum Multi-Family 5+ Sales Volume and the Platinum Multi-Family 5 + Units at an awards event that took place at The Drake Hotel on Thursday March 12, 2015.

Jordan Gottlieb

 Jim Darrow has more than 20 years of investment real estate experience. He has closed in excess of $600,000,000 worth of real estate transactions to date.

 Jordan Gottlieb is a licensed attorney and real estate practitioner. He has facilitated over $200,000,000 in real estate transactions.

 Essex Realty Group, Inc. specializes in the sale of investment real estate throughout the Chicago metropolitan area.

 If you would like more information, please call Jim Darrow at 773.305.4920 or e-mail him at jimdarrow@essexrealtygroup.com

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

Jim Darrow
Essex Realty Group, Inc.

C&W Brokers Sale of Powerline Business Center Flex Space in Pompano Beach, FL

2939--2999 North Powerline Road
in Powerline Business Center
Pompano Beach, FL

Rick Etner

 POMPANO BEACH, FL – Cushman & Wakefield today announced that it has completed the sale of a 55,576-square-foot flex facility located at 2939–2999 North Powerline Road in Powerline Business Center.

Executive Director Rick Etner, Executive Director Chris Metzger, and Senior Director Christopher Thomson represented Bigfoot Properties, Inc. in the sale of the building to Friedkin-Medley, KKC. OREXCO served as Qualified Intermediary (QI) in the Section 1031 exchange, which was valued at $3,350,000.

Christoopher Metzger
2939–2999 North Powerline Road was built in 1993 and renovated in 2013. It sits on 3.28 acres and is zoned B–4 (Heavy Business).

 The building features 24’ clear ceiling heights, 124 parking spaces and excellent visibility on North Powerline Road. At the time of sale, the facility was 93 percent occupied.

“This transaction is further evidence that the North Broward submarket remains strong,” said Etner.

Cushman & Wakefield’s own research confirms this sentiment.

“The demand for Broward industrial product continues to outpace supply, compressing cap rates and pushing pricing on what little product becomes available,” reads Cushman & Wakefield’s Q4 2014 Broward County Industrial Marketbeat.

Christopher Thomson
“The region has all of the right assets economically to meet the growing needs of industrial users emerging in the U.S. As a result, demand, positive market fundaments and new developments are only expected to continue.”

“Investors in this market don’t just have an appetite for Class A, institutional, distribution buildings,” explained Etner.

“They also want flex space. Flex space can accommodate thriving retail industries – such as carpet, tile, and cabinet shops – which desire a warehouse component, good central distribution characteristics, and retail walk-up frontage to help boost their business.”

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

Richard. F. Etner, Jr., SIOR
Executive Director
(954) 771-0800