Thursday, June 18, 2015

American Realty Advisors Acquires Class A Industrial Portfolio in Metro Washington, DC

CHANTILLY, VA and STERLING, VA – American Realty Advisors, an institutional real estate investment manager with nearly $7 billion in assets under management, has acquired a 100 percent-leased Class A industrial portfolio totaling 453,883 square feet in Virginia.

The portfolio consists of two industrial buildings located within master-planned business parks in close proximity to the Dulles International Airport and Washington D.C.’s major roadways, according to Eric Cannon, Senior Director, Investment Group at American Realty Advisors.

“This region is experiencing strong positive net absorption, low vacancy, and continued rent growth, which is consistent with American’s research-driven investment strategy to source and acquire functional in-fill, multi-tenant industrial in well-located supply-constrained markets,” says Cannon.

James Cassidy
American Realty Advisors plans to implement a series of improvements to the properties that will increase the portfolio’s overall physical condition and curb appeal to maintain a high level of occupancy.

“Through our strategic and aggressive asset management process, American will be able to realize increasing cash flow over time and deliver predictable current yields to its investors over a long-term hold period,” says Cannon.

The two-property industrial portfolio is located at 3900 Stonecroft Boulevard in Chantilly, VA, and 45110 Ocean Court, in Sterling, VA.

The seller, an institutional investment management firm, was represented by James Cassidy of DTZ’s Washington D.C. office.

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

Lexi Astfalk / Jenn Quader
Brower, Miller & Cole
(949) 955-7940

SVN AuctionWorks to Host Upcoming Real Estate Auctions with More Than 200 Commercial and Residential Properties located throughout Illinois and Wisconsin

Diana M. Peterson
CHICAGO, IL (June 18, 2015) – SVN AuctionWorks has announced the firm will host several upcoming online and sealed bid auctions featuring retail, mixed-use, industrial, office, income-producing residential, luxury residential, and vacant land properties located throughout Illinois and Wisconsin.

The auctions, slated for various dates throughout June, July and September, will feature more than 200 commercial and residential properties, including a 10,500-square-foot luxury estate; five separate portfolios comprising more than 150 income-producing, Section 8 residential rental properties; a former Fuddruckers restaurant; and many bank-owned properties. 

“These portfolios offer institutional investors a tremendous investment opportunity, especially for those looking to add Section 8 housing to their investment strategy,” said Diana Peterson, president of Chicago-based SVN AuctionWorks. “These single- and multi-family investments continue to produce strong returns, so auctions like this are a smart way to obtain these types of portfolios.”

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

Cara Mooses,, 312-267-4523

Kim Manning,, 312-267-4527

Senior Housing Portfolio in Texas Sold; DTZ Tampa’s Allen McMurtry Represents Seller

Allen McMurtry
TAMPA, June 18, 2015 – DTZ, a global leader in commercial real estate services, announced today that the team of Allen McMurtry, Megan Fetter and David Kliewer has arranged the sale of the leasehold interest in a five-property senior housing portfolio located in the Dallas metro area. 

The portfolio was sold on behalf of Steven Vick and Signature Senior Living.

The portfolio of 375 units was developed and operated by Signature Senior Living. It comprises 255 assisted living units and 120 memory care units and is over 90% occupied. Legend Senior Living of Wichita, KS, will be the operator.

Since 1988, the Tampa-based DTZ (formerly Cassidy Turley) Senior Housing team has sold 165 senior housing communities in 31 states with an aggregate sales volume over $2 billion. The team’s average transaction size over the past decade exceeds $35 million.

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

Nicole J. Grzywacz
Marketing Manager | DTZ
4301 Anchor Plaza Parkway, Suite 400 | Tampa, FL 33634 | USA
Direct: 813-349-8545

Stirling Sotheby’s International Realty Selected to Market 8+ Acre High Profile Commercial Property on West Colonial Drive in Winter Garden, FL

Barbara Ashley Jones

ORLANDO, Fla. --- Stirling Sotheby’s International Realty has been named exclusive sales and marketing agents for 8.39 acres of commercial property that includes a four-bedroom house with 3,202 air-conditioned/heated square feet and a five-car garage at a high profile location in Winter Garden.

The property, with convenient access to the Florida Turnpike and the 429, is located at 15401 W. Colonial Drive.   It has 400 feet of frontage on West Colonial (SR 50), and a traffic count in excess of 25,000 cars per day.

Zoned C2 for flexible use of retail or medical / professional offices, “The property is ideal for an investor,” said Stirling Sotheby’s International Realty founder and owner Roger Soderstrom. 

Stirling Sotheby’s Associates Beatrice Moxey and Barbara Ashley-Jones are representing the property, which has been listed at $915,000.  

The property is located minutes from a new Florida Hospital opening in the fall, Winter Garden Village Mall, historical downtown Winter Garden, the massive Horizon West residential development and some of Florida’s major attractions.

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

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