Wednesday, June 1, 2016

Oscar Expands Operations to Tempe, AZ

Sandra Watson
                                                               (photos courtesy EverWest Real Estate Partners)

PHOENIX, AZ – Oscar, a New York-based health insurance company, has announced an operational expansion to Tempe, Ariz. The company’s new facility will house the Oscar Concierge team and will be located at The Circuit, a new modern, adaptive re-use project near the Loop 101 and Loop 202 freeways.

Oscar is a new kind of health insurance company designed to put people first. Through a high-tech, data-driven approach, easy-to-understand language and a unique set of benefits, Oscar is drastically changing the way people think about and interact with their health insurance.

Founded in 2012, Oscar makes health insurance simple, transparent and human and now offers plans in New York, New Jersey, Texas and California.

“We’re excited to expand operations to Tempe, Arizona to continue to provide our members the highest quality of care,” said Oscar CEO Mario Schlosser.

“With this year’s growth from 40,000 to 135,000 members across four states, Oscar is continuing to hire talented professionals to provide the best experience to our members. The Oscar Concierge is a unique program which allows Oscar to deliver a more personal experience to educate and empower our members.”

The Circuit, Tempe, AZ

After a competitive process, Oscar selected Tempe for its newest location after working with economic development representatives from the Greater Phoenix region, including the Greater Phoenix Economic Council, the city of Tempe and Arizona Commerce Authority. 

The region’s large, skilled workforce, high quality of life and pro-business climate and creative office space options like The Circuit were attractive draws for the company.

"Oscar is a leading technology company whose innovative approach to health insurance delivery makes them a natural addition to Greater Phoenix’s growing entrepreneurial community,” said Chris Camacho, president & CEO of the Greater Phoenix Economic Council. 

“Their entrance into the market reinforces what more and more businesses are discovering—that Greater Phoenix is an ideal place to go to scale.”

“Over the past four years nearly 17,000 new jobs have been announced in Tempe,” said Tempe Mayor Mark Mitchell. “We are a city where businesses know they can start, grow and thrive. I am excited to welcome Oscar to our community, as a great addition to our growing tech and insurance industry clusters.”

Mario Schlosser

Sandra Watson, president & CEO of the Arizona Commerce Authority added, “We are thrilled that Oscar Insurance will expand its operations in Arizona, joining our dynamic business-services sector.

“Oscar is an excellent example of the type of innovative company – at the intersection of technology, business and health care – that is thriving here, supported by our pro-business environment and talented workforce. 

"We welcome Oscar to Arizona and thank them for their commitment to our state.”

“We continue to see robust activity in the technology sector and do not anticipate it slowing down in the near future,” said Ryan Bartos, Managing Director, Savills-Studley. “Access to outstanding labor, affordable housing, and competitive operating costs will continue to make it a top destination for expansion.”

Curt Kremer

The Circuit is EverWest Real Estate Partners’ newest adaptive re-use project. Built in 1982 as a semiconductor building, The Circuit is an ultra-modern, 185,000-square-foot high-density office project designed for large office users looking to attract active professionals to a creative environment. 

Building features include a collaborative indoor-outdoor layout enhanced with 17-foot ceilings, 14-foot floor-to-ceiling windows and more than 60 skylights to maximize natural light.

Said Curt Kremer, Managing Principal – Equity Ventures, EverWest Real Estate Partners, “This building offered a unique opportunity to build for a young, professional demographic and the employers who seek out and hire these employees.

“Oscar’s lease brings that vision full circle. It will be exciting to watch them use and grow in this space, and to continue the employment base that The Circuit is capable of providing for Arizona.”

 For more information on Oscar, visit

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

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

29th Street Capital Acquires Sixth Phoenix/East Valley Property

Park Tower Apartments Pool Area, Chandler, AZ

Dusty Eddy
Phoenix, AZ,  (June 1, 2016) – 29th Street Capital (29SC), a privately-held real estate investment and advisory firm, has acquired Park Tower Apartments, a 180-unit multifamily community in Chandler, Arizona.

 29SC’s strategy is to invest $883,000 into renovations to significantly upgrade the interiors and to enhance the exterior of the apartments. 

This is the sixth acquisition 29SC has made in the Phoenix/East Valley market in just over one year.

“Park Tower Apartments is perfectly positioned to take advantage of the positive momentum in the Chandler market,” said Dusty Eddy, 29SC’s Vice President of Acquisitions for Phoenix, Las Vegas and San Diego. “We are excited to add a quality asset, with plenty of value-add potential, to our growing Phoenix portfolio while expanding to such a sought-after submarket.”

Park Tower Apartments resides within the city of Chandler, a desirable suburb within the East Valley.

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

Terri Thornton
Partner, Thornton Communications
p:404-932-4347 | |

Blue Sushi Sake Grill is the Newest Addition to the Diverse Dining Collection at The Summit at Fritz Farm in Lexington, KY

Jeffrey A. Bayer
LEXINGTON, KY,  June 1 2016 — The Summit at Fritz Farm in Lexington, Kentucky, is adding the renowned Blue Sushi Sake Grill to its diverse restaurant line up. When the $156 million experiential mixed-use development opens in March 2017, it will offer unparalleled dining options that include a curated collection of nationally recognized restaurants and a chef-inspired food hall.

“Blue Sushi Sake Grill is one of the premier sushi concepts in the country, and adds another category to our eclectic group of restaurants at The Summit at Fritz Farm,” said Jeffrey A. Bayer, president and CEO of Bayer Properties.

 “Lexington is such a vibrant and diverse market with visitors from around the world, as well as local sophisticates who share our excitement in fostering an environment that creates a nucleus for innovative dining.”   

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

Gayle MacIntyre
The Wilbert Group
 Tel: 404.643.8222

Berger Commercial Realty Facilitates $27 Million Sale of Lauderdale Marketplace in Lauderdale Lakes, FL

Lloyd Berger
FORT LAUDERDALE, FL  - Berger Commercial Realty President Lloyd Berger and Senior Vice President Joe Byrnes represented Austin Forman and William Murphy of Lauderdale Marketplace Investments, LLC in the $27 million sale of Lauderdale Marketplace to Meir Benzaken of Exclusive Management and Properties, Inc. (EMPI). The transaction closed on May 26.

The 265,000-square-foot retail property sits on a 30-acre lot at the southeast corner of Oakland Park Boulevard and North State Road 7 in Lauderdale Lakes.

In addition to closing the sale, Berger Commercial Realty also was retained by EMPI to manage and lease the property. 

Current tenants include Broward Health, YouFit Health Club, Davita Dialysis, Papa John's, the Broward Sheriff's Office, the Department of Veteran Affairs, and the Department of Highway Safety and Motor Vehicles.

"Joe and I have represented Lauderdale Marketplace since the late 1990s," Lloyd Berger said. "The property is located at the center of the densest population in Broward County and receives some of the highest traffic counts in the region. EMPI plans to capitalize on the property's credit tenants and enhance the property over the coming months. This is a great long term opportunity for EMPI and we are excited to be retained for leasing and property management."

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

Lexi Robinson, ext. 255,

Marielle Sologuren, ext. 226,

C2 Education Expands Lease at 6465 East Johns Crossing in Johns Creek, GA

George Gwaltney
ATLANTA, GA  – Lincoln Property Company (Lincoln) recently completed a lease expansion with C2 Education consisting of 3,839 square feet at the recently renovated 6465 East Johns Crossing in Johns Creek, Georgia. C2 Education now occupies 10,568 square feet at the building.

George Gwaltney, Michael Howell and Hunter Henritze of Lincoln represented Onward Investors, the landlord, in the transaction, and John Thomas with O’Brien & Co. represented the tenant.

“Recent upgrades coupled with the building’s lakeside setting and proximity to an array of amenities make 6465 East Johns Crossing a highly sought-after location within the Johns Creek submarket,” Gwaltney said.

6465 East Johns Crossing is a 100,000-square-foot, Class A four-story office building located in the master-planned Johns Creek Technology Park. 

The building recently received a significant renovation of the lobbies on the first and second floors, including upgraded accent lighting and installation of a new digital tenant directory, as well as a landscaping overhaul.

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

Savannah Durban
The Wilbert Group

Bull Realty Launches New Logo, Signs and Colors

ATLANTA, GA — If you see new commercial real estate company signs plagiarizing long-term Atlanta firm’s name “Bull Realty,” it’s not an imposter, it’s actually Bull Realty’s new logo. Bull Realty is unveiling a new logo and updated sign design that is more illustrative of the firm’s style.

The Bull Realty logo and all signage and collateral that goes along with it have undergone a significant transformation.

 It was important that the new identity satisfied the existing reputation of what the original mark stood for and what the company is known for - integrity, strength, and ingenuity - while simultaneously illustrating the company’s service lines which include all types of asset and occupancy solutions.

"Striving to maintain the iconic and recognizable mark was a primary goal, and we believe that we have accomplished that. We look forward to growing along with our clients and continuing to provide world-class service," said founder and CEO Michael Bull.

Michael Bull
As the company closes in on 20 years of success in Atlanta, there was a need for the logo to match the firm’s progressive practices. The new signs are quite striking, featuring accent colors like gold and teal.

Bull Realty is licensed in nine Southeast states and currently has 187 properties in metro Atlanta for sale according to CoStar. The firm provides acquisition and disposition sales services, as well as leasing services. 

The company is also known in Atlanta and around the country for production of the nationally-syndicated Commercial Real Estate Show.

The new logo, signs and colors are just a preview of the exciting announcements on the horizon from Bull Realty this year.

Bull Realty FL License # CQ1026029

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

Melissa Henry
Communications Manager
Bull Realty, Inc. 
50 Glenlake Pkwy, Suite 600
Atlanta, GA  30328

404-876-1640 x 110

Bull Realty Brokers $8.4 Million Anchored Retail Center, Stone Walk at Northpoint in Alpharetta, GA

Stone Walk at Northpoint, Alpharetta, GA

John Harrison
ATLANTA, GA— Bull Realty brokered the sale of Stone Walk at Northpoint, a 36,105 SF retail development anchored by Guitar Center, Sola Salon and Scottrade, in Alpharetta, GA. The sale closed on May 13, 2016 for $8,350,000.

The retail center is positioned near the Haynes Bridge Road entrance to North Point Mall, a 1 million SF enclosed regional mall. John Harrison and Austen Wiley of Bull Realty were the only brokers involved on the deal.

"The property is well-located on the perimeter of Northpoint Mall and has a strong mix of national and regional credit tenants," said Harrison. At the time of sale, the center was approximately 70% leased.

The buyer was CH Retail Fund, a private equity fund based in Dallas, TX. “The buyer saw enormous upside potential in the property because of the attractive location and future leasing potential,” said Wiley.
The seller was Shops at Stonewalk, LLC.

Bull Realty FL License # CQ1026029

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

Melissa Henry
Communications Manager
Bull Realty, Inc. 
50 Glenlake Pkwy, Suite 600
Atlanta, GA  30328

404-876-1640 x 110

Bull Realty Brokers $10.6 Million Medical Office Building in The Villages, FL

Paul Zeman

ATLANTA, GA — Healthcare Real Estate Services at Bull Realty brokered the sale of the TLC Medical Arts building, a 32,000  SF Medical Office Building located in The Villages, FL. The sale closed on May 19, 2016 for $10.6 million.

The anchor tenant is TLC ASC, a surgical center joint venture between National Surgery Center Holdings, Inc., a subsidiary of Tenet Healthcare and a group of regional physicians. TLC ASC currently occupies 17,698 SF (61.6%) of subject property. Other tenants include The Orthopedic Institute, Olcott Spine Institute and Spine Intervention Specialists.

The team of Michael Bull and Paul Zeman with Bull Realty represented the seller, Stanmore Development, LLC, as the brokers on the deal. The buyer was Stage Acquisitions, an affiliate of Skokie, IL based Stage Equity Partners.

“This asset is situated in The Villages – the world’s largest retirement community and will prove to be an outstanding long-term investment for Stage,” Zeman said.

Healthcare Real Estate Services ( are specialty brokers with Bull Realty, Inc. (, a U.S. commercial real estate brokerage and advisory firm headquartered in Atlanta, licensed in nine states providing acquisition, disposition, leasing and advisory services.

TLC Medical Arts Building, The Villages, FL

The firm also produces and hosts the nationally-syndicated Commercial Real Estate Show ( The popular weekly show is broadcast on radio stations nationwide, iTunes, YouTube and

Bull Realty FL License # CQ1026029

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

Melissa Henry
Communications Manager
Bull Realty, Inc. 
50 Glenlake Pkwy, Suite 600
Atlanta, GA  30328

404-876-1640 x 110