Thursday, April 16, 2015

Marshall Hotels & Resorts Names Randy Griffin Executive Vice-President of Sales & Marketing

Randy Griffin
SALISBURY, MD —Marshall Hotels & Resorts, a leading hotel management and services company that operates properties nationwide, announced it has named Randy Griffin executive vice-president of sales & marketing.  

In his new role, Griffin will oversee the company’s sales and marketing team and efforts.

“Randy is an award-winning, innovative, sales and marketing leader who brings more than 35 years of sales experience to our company,” said Mike Marshall, president and CEO.

 “Randy conceives high impact growth strategies and leads teams to implement them in highly competitive, rapidly evolving environments. We welcome his addition and his expertise as we continue to pursue our aggressive growth goals.”

                Prior to joining Marshall, Griffin was vice-president of sales at Marriott International Global Sales Organization where he developed Marriott’s Sales Certification Training programs for field sales executives.

 Over the course of his career, Griffin has held increasingly more responsible hospitality sales positions, including Midwest area director of sales for Marriott Renaissance Hotels and Resorts, and Florida region director of sales and marketing for the Marriott Eden Roc Renaissance Resort and Spa. 

Mike Marshall
He has received numerous industry accolades, including Sales and Marketing Activation Awards (Marriott International, 2011), Property Sales Leader of the Year (Marriott International, 2006), Executive of the Year (Continental Companies, 1996) and Director of Sales of the Year (Sheraton Design Center, 1994).  

Griffin graduated from the University of North Carolina with a BS in Business Administration.

                “Marshall Hotels is on a rapid growth trajectory, and I look forward to working with the talented sales and marketing team already in place to help them achieve their aggressive goals,"  noted Griffin. 

  “As the company on-boards new hotels, we have a great opportunity to elevate performance at the individual and property level, and I feel confident that  my background in sales training will  play a significant role in  raising an already high bar."

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

Chris Daly, media
Daly Gray Public Relations
(703) 435-6293

Crossman & Company’s Research Analyst Jennifer Jackson takes on new role

Jennifer Jackson
Orlando, FL . – Crossman & Company’s Research Analyst Jennifer Jackson has been promoted to Research Coordinator.

Jackson joined the Crossman & Company team in February 2014 and in this role she provides detailed research and data collection on some of the company’s high-profile projects.

Most recently, Jackson published a Q1 Update to the Southeast US Market Research Report that was posted on the Crossman & Company website early in 2015.

 The Research Report is a comprehensive look at the 29 top markets across the Southeast, and the Q1 Update analyzes trends that are shaping the retail market and the tenants who are thriving or surviving in it.

Jackson is a graduate of The Warrington College of Business Administration at the University of Florida.

 Her previous experience includes writing and publishing reports and newsletters for both the public and private sector.

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

Sydnie Cobb
 Crossman & Company

Shopoff Realty Investments Acquires Apple Valley Office Center Near Dayton, OH

William Shopoff
DAYTON, OH -- Shopoff Realty Investments announced the company has acquired Apple Valley Office Center, a three-building, 130,440-square-foot office campus in the Dayton suburb of Beavercreek, Ohio.

The acquisition was partially capitalized by Shopoff Strategic Income Fund, which closed to new investors on December 31, 2014.

Apple Valley Office Center is comprised of a three-story, 55,024-square-foot building, a two-story, 29,916-square-foot building, and a single-story, 45,500-square-foot building. 

The campus was constructed in 1985 on approximately six acres of land.

“Apple Valley Office Center is well-located in Dayton’s flourishing East Office Submarket, the main driver of regional office space demand,” said William Shopoff, chief executive officer of Shopoff Realty Investments.

“Adding to its appeal, the campus currently has an occupancy level of 95 percent, providing stable cash flow and an opportunity to create additional value through unleased space. Moreover, the diverse group of tenants with staggered lease expirations increases the stability of the property in the future.”

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

Brian Leary of Crescent Communities Joins Charlotte, NC Chamber of Commerce’s Board of Directors

Brian Leary
CHARLOTTE, NC -- Brian Leary, president of Crescent Communities, has been elected to the Charlotte Chamber of Commerce’s Board of Directors. 

His term begins immediately and will end in 2016.

“Brian was voted onto the Charlotte Chamber’s Board of Directors because of the positive impact that Crescent Communities is making on the city through the several developments the company has proposed or has under construction,” said Charlotte Chamber CEO Bob Morgan.

“We were impressed with Brian’s previous commitment and dedication as a member of the Atlanta Chamber of Commerce, and anticipate that he will bring the same level of enthusiasm to the Charlotte Chamber.”

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

Tony Wilbert, The Wilbert Group

Tony Terrell Joins C&W's Medical and Office Leasing Corps

Tony Terrell
JACKSONVILLE, FL – Cushman & Wakefield announced that Tony Terrell has joined the firm’s Jacksonville office as an Associate in the Office and Medical leasing service lines.

Terrell comes to Cushman & Wakefield from KW Commercial. There, he represented tenants and owners in the acquisition and disposition of commercial properties.

Prior to joining KW Commercial, Terrell served as an Associate for Sperry Van Ness and TRI Commercial representing clients such as Birtcher-Anderson Properties, Murphy Austin, the U.S. Armed Forces, Campbell’s Carpets, McGee-Thielen, and Diebold, Inc.

Terrell built an extensive sales and marketing résumé with Coors Brewing Company and Anheuser-Busch, where he managed a $5 million marketing budget for the Northwest region and a $20 million regional promotional budget for the Midwest.

Larry Richey

Terrell earned a Bachelors of Science in Marketing from Alabama State University. He also served in the United States Air National Guard in both Georgia and Alabama.

“Tony’s significant sales and marketing background, combined with his commercial real estate experience, will be a tremendous asset for our Jacksonville team,” said Senior Managing Director and Florida Market Leader Larry Richey

“And, as a founding member of the 100,000 Jobs Mission, Cushman & Wakefield remains committed to hiring U.S. military veterans and their spouses when the opportunity arises.”

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

Tony Terrell

Three-Property Manhattan Multifamily Portfolio Sale Arranged by Marcus & Millichap

The properties are: 104 West 144th Street; 106 West 144th Street
108 West 144th Street and 110 West 144th Street

Shlomo Manne
NEW YORK, NY  – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced the sale of a four-property, 60-unit multifamily portfolio in Manhattan’s West Harlem neighborhood.

The properties are: 104 West 144th St., 106 West 144th St., 108 West 144th St. and 110 West 144th St. The $13.3 million sales price equates to $221,667 per unit.

            Peter Von Der Ahe, Shlomo Manne, Scott Edelstein, Marco Lala, Seth Glasser and Rafi Moskowitz, all in Marcus & Millichap’s Manhattan office, arranged the transaction on behalf of the seller, 144 St. Johanna Associates and the buyer, Treetop Development.

            “This is the first time these properties have been sold in more than 40 years,” says Von Der Ahe.

“They were all connected under a Section 8 Homeowners Assistance Program (HAP) contract that expired in October 2014,” adds Glasser.

Rafi Moskowitz
Built in 1920, the buildings span 152 feet along 144th Street between Lenox Avenue and Adam Clayton Powell Boulevard near the 145th Street retail corridor.

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

Gina Relva, Public Relations Manager

(925) 953-1716

Marcus & Millichap Arranges Sale of 17,104-SF Net-Leased Property in Port Charlotte, FL

Krone Weidler
PORT CHARLOTTE, FL – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada,  announced the sale of Advanced Imaging of Port Charlotte, a 17,104-square foot net-leased property located at 2625 Tamiami Trail in Port Charlotte, FL, according to Richard D. Matricaria, regional manager of the firm’s Tampa office. The asset sold for $4,200,000.

Krone Weidler, Associate Vice President Investments, and L.J. Tsunis, Associate, healthcare real estate investment specialists in Marcus & Millichap’s Tampa office, had the exclusive listing to market the property on behalf of the seller, a national imaging company. 

The buyer, a national private equity firm, was secured and represented by Weidler and Tsunis. “We were able to secure multiple offers from investors nationwide for this asset.” Said Tsunis. “The demand for healthcare real estate continues to grow and we are seeing more and more capital being brought to this segment.”

L.J. Tsunis
“We are very pleased to have completed another acquisition involving the professionals at Marcus & Millichap.  Krone Weidler, Associate VP, and L.J. Tsunis, Associate, did a great job of managing an efficient sale process for their client,” stated Luis F. Medina, Managing Partner of Acquisitions at AIC Ventures.

“Over the last two quarters, AIC has entered into real estate agreements or closed real estate transactions with middle market companies totaling over $80 million.  

"We are noticing an upward trend in sale leaseback activity as companies are pursuing creative financing solutions in lieu of traditional mortgage financing.  

"Companies like Advanced Imaging are taking advantage of the equity tied up in their real estate to put themselves in a more flexible financial position that will allow them to grow their business.  

"With fewer restrictions when compared to more traditional financing options, sale leasebacks offer sellers flexible capital that can be used by companies to strengthen their corporate balance sheets, fuel growth initiatives, make strategic acquisitions and pay down debt, all at the sellers’ discretion,” added Medina.

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

Richard D. Matricaria
Vice President/Regional Manager, Tampa

(813) 387-4700