Tuesday, April 19, 2016

David Rosato hired as Senior Vice President of JLL Phoenix Project & Development Services Team

David Rosato
PHOENIX, AZ, April 19, 2016 – The Phoenix office of JLL has hired David Rosato as Senior Vice President and new leader of its growing Phoenix Project & Development Services (PDS) group. The PDS group provides consultation, project management, design and construction management services for projects ranging from office to industrial to retail.

In his new position, Rosato manages the Phoenix PDS team and almost 70 active local jobs valued at approximately $125 million. His additional responsibilities include strategy implementation, designer and contractor evaluation and selection, budget analysis and contract review and negotiations.

“Phoenix is a hot spot for business expansion, and that keeps experts like Dave in high demand,” said Pat Williams, JLL Managing Director and head of its Phoenix Tenant Representation group. 

“Dave understands that a company’s physical space is critical to their success. He listens to their needs, then works with his team to turn that vision into executable design and construction. These are great skills that we are excited to bring to our Phoenix clients.”

Rosato began his career at JP Morgan Chase, advancing to the role of Market Director of Construction. He then spent ten years at the Phoenix office of CBRE, specializing in the occupier and tenant rep business. Notable project development experience includes the Pepsi Distribution Center in Phoenix, GM IT Innovation Center in Chandler, GAP Distribution Center in Phoenix, PNM Resources headquarters in Albuquerque and IASIS Healthcare headquarters in Phoenix.

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

Stacey Hershauer
Marketing & Public Relations
(480) 600-0195

MHA Brokers Sales of Two Triad Region Apartment Communities in North Carolina for a Total of $27.1 Million

Chesterfield Apartments
CHARLOTTE, N.C. (Apr. 19, 2015) - Multi Housing Advisors (MHA) has arranged, in separate transactions, the sales of two apartment communities located in the Triad Region of North Carolina. Marc Robinson, Jordan McCarley and Watson Bryant of MHA’s Charlotte office represented the sellers in the transactions.

“As the Triad continues to expand its economy, embracing industries as diverse as aerospace, bioscience and logistics, the multifamily market remains steady,” Robinson said. “Investment capital has taken notice as Triad job growth remains positive and rent growth healthy.”

Details of the deals are below:

Spring Forest at Deerfield Apartments
·        Cottonwood Residential sold Spring Forest at Deerfield to Peak Capital. The 192-unit property was built in 2002 and is strategically located along Interstate 85 in an area commonly referred to as the “Carolina Corridor”, which connects two of the fastest growing metro areas on the East Coast.

·        Brown Investments sold Chesterfield to an undisclosed buyer. The 294-unit property was built in 1980 and 1983. 

The property is conveniently located in Winston-Salem next to major employment opportunities and retail destinations such as the Forsyth Medical Center, Wake Forest University Baptist Medical Center, and Hanes Mall.

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

Deborah Rogers
Multi Housing Advisors

Hold-Thyssen Negotiates Leases totaling over 4,630 square feet of retail space at Hiawassee Plaza in Orlando, FL

N. Joelle Forster

ORLANDO, FL--- Hold-Thyssen, Inc. recently completed lease agreements for two current and one new tenant at Hiawassee Plaza, 6801 W. Colonial Drive, Orlando.  The combined leased space totals 4,634 rentable square feet.  

The Hold Thyssen leasing team of Martin Forster CCIM and N. Joelle Forster negotiated the transactions, representing the landlord at Hiawassee Plaza, a 58,624 square foot retail and office center.  The leases include:

Martin Forster
A new lease of 1,264 square feet to Scholars Prep Academy, Inc., a charter school; and

a lease renewal agreement with Gabriel Health Institute, where certified nurse assistants train for licensing, for 956 square feet of existing space as well as an expansion lease for an additional 963 square feet; 

The Forster team also completed a lease extension agreement with Dr. Theyyar Rangarajan, a dental practitioner, for the 1,133 square feet he currently leases, plus an expansion agreement for a further 318 adjacent square feet.   

Hold-Thyssen provides commercial property brokerage, leasing and management services to institutional and private investor clients nationwide.  The 40-year old firm’s current management portfolio includes more that 100 commercial properties throughout the United States.

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

Larry Vershel or Beth Payan, Larry Vershel Communications Inc. 407-644-4142 Lvershelco@aol.com

Hold-Thyssen Negotiates Sale of Medical Office Condo at Bayonet Point in Hudson, FL for Cardiology Practice

Carol Kinnard
CLEARWATER, FL --- Hold-Thyssen, Inc., a commercial property firm based in Winter Park with offices in Clearwater, recently completed the sale of a medical / professional office condo in the Bayonet Point Medical/Office Building at 14100 Fivay Rd. in Hudson. 

Carol Kinnard, medical office specialist in the firm’s Clearwater office brokered the transaction on behalf of the Seller Dr. Rodolfo Dy and Rosemarie Dy and the Buyer Dr. Vinod Raxwal, a cardiologist with Access Healthcare Physicians LLC. 

The buyer had occupied the 1,227 square foot suite for two years as a tenant upon establishing his practice with HCA-Bayonet Point Hospital in 2014, then ultimately ended up purchasing the unit. 

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

Larry Vershel or Beth Payan, Larry Vershel Communications Inc. 407-644-4142 Lvershelco@aol.com