Saturday, September 12, 2015

HFF closes sale of grocery-anchored retail center in Plano, TX

Plano Market Street 1901--1941 Preston Road, Plano, TX

Doug Hazelbaker

DALLAS, TX – – Holliday Fenoglio Fowler, L.P. (HFF) announced it has closed the sale of Plano Market Street, a 169,624-square-foot grocery-anchored shopping center in the Dallas-Fort Worth community of Plano, Texas.

HFF marketed the property on behalf of Lionstone Investments.  Phillips Edison Grocery Center REIT II, Inc. purchased the offering for an undisclosed amount.  In 2013, HFF brokered the sale of this property to the seller.

The 94.2-percent-leased Plano Market Street is anchored by Market Street.  The center is home to a mix of national, regional and local tenants including Zoë’s Kitchen, World of Beer, Toni & Guy Academy, Café Izmir and Hyena’s Comedy Club.  Plano

Market Street is situated on 17.74 acres at 1901-1941 Preston Road in Plano, the fourth largest city in the Dallas-Fort Worth metropolitan area.  Located at the southwest corner of Preston Road and Park Boulevard, the property is proximate to residential and community developments and seen from more than 676,000 vehicles per week.

The HFF team representing the seller was led by senior managing director Doug Hazelbaker and managing director Ryan Shore.

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 |

Chatham Lodging Announces Monthly Dividend


 PALM BEACH, FL —Chatham Lodging Trust (NYSE: CLDT), a hotel real estate investment trust (REIT) focused on investing in upscale extended-stay hotels and premium branded select-service hotels, announced that its board of trustees has declared a monthly common share dividend of $0.10 for September 2015.  

The common dividend is payable October 30, 2015, to shareholders of record on September 30, 2015.

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

Chris Daly    
Daly Gray Public Relations                                                   

(703) 435-6293                                                                                                                                      

NAI Realvest negotiates Two New Office Leases at One South Orange Avenue in Downtown Orlando, FL

Jeffrey W. Bloom
ORLANDO, FL – NAI Realvest recently negotiated two new leases totaling 2,976  square feet of office space at One South Orange Avenue in downtown Orlando.

Senior Director Jeffrey W. Bloom, CCIM negotiated both transactions on behalf of the landlord, One South Orange Ltd.

Professional Litigation Support leased Suite 406 with 1,689 square feet, and Evanios LLC, an IT management firm leased 1,287 square feet. 

Professional Litigation was represented by John Gay and Sarah Castor of CRESA Partners, and Evanios was represented by Mitch Heidrich of NAI Realvest.

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

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