Tuesday, October 3, 2017

Marcus & Millichap Arrange Sale of 59,680-SF Self Storage Facility in Hartland, WI

Michael A. Mele

HARTLAND, WI  – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of Hartland Self Storage, a 59,680-square foot self-storage located in Hartland, Wisconsin, according to Ari Ravi, regional manager of the firm’s Tampa office.

Michael A. Mele and Sean M. Delaney, investment specialists in Marcus & Millichap’s Tampa and Chicago offices, had the exclusive listing to market the property on behalf of the seller, a private investor. 

The buyer, a private investor, was secured and represented by Michael A. Mele and Sean M. Delaney. Todd Lindblom, Broker and Regional Manager, assisted in closing this transaction.

Hartland Self Storage is located at 470 E Industrial Drive in Hartland, Wisconsin.  Situated on 4.3 acres, 337-unit facility has excellent access to numerous major thoroughfares in the area, including State Road 83, State Road 16 and County Road E and many single-family residential communities in the close vicinity. Hartland is a suburb of Milwaukee and a component of the Greater Milwaukee Metro Area, the state’s largest metropolitan area.

For more information on this press release, please contact:

 Ari Ravi
Regional Manager
 Tampa, FL

(813) 387-4700

Waterton Acquires 356-Room Hotel in Downtown Washington, DC

Waterton Madison Hotel, formerly Loews Madison, Downtown Washington, DC

WASHINGTON, DC (Oct. 3, 2017) – Waterton, a U.S. real estate investor and operator, today along with an affiliate of private equity partner Walton Street Capital, L.L.C., announced the acquisition of the 356-room hotel formerly known as the Loews Madison in downtown Washington, D.C.

Located at the intersection of M and 15th streets – just a half mile north of the White House – the property has been rebranded as The Madison, a Hilton Hotel. It will be managed by Hilton Hotels & Resorts.

Nir Liebling
Built in 1963, the hotel originally opened as the Madison Hotel at a ceremony attended by President John F. Kennedy and has since hosted every U.S. president as an honored guest. 

Over the past 15 years, the property has received more than $75 million in capital improvements, last undergoing a full renovation in 2012. As a result, guest rooms, meeting space and public areas have been completely refreshed.

“We’re excited that our first hotel investment in the D.C. market is a property with such a rich history in a prime location,” said Nir Liebling, chief investment officer of hospitality at Waterton. “There’s a tremendous opportunity here to reposition a premier destination for corporate and leisure travelers alike.”

For more information on The Madison, call (202) 862-1600

For more information on this press release, please contact:

Allen Johnson, ajohnson@taylorjohnson.com (312) 267-4513
Abe Tekippe, atekippe@taylorjohnson.com, (312) 267-4528

Edward R. James Companies Debuts Luxury Single-Family Home Model at Anets Woods in Northbrook, IL

Jerry S. James
CHICAGO, IL (Oct. 3, 2017) – Glenview, Ill.-based Edward R. James Companies, an award-winning homebuilder with a 60-year history of delivering exceptional communities in Chicago’s North Shore, has announced the grand opening of a decorated model at Anets Woods, a maintenance-free community of 32 single-family homes in Northbrook, Ill. First deliveries at the community are expected in early 2018.

Located at 1573 Woodview Lane (near the intersection of Voltz and Waukegan roads), Anets Woods offers five distinct floor plans, each featuring a first-floor master suite, 2 to 2½ baths and an attached side- or front-loading two-car garage. 

Each floor plan, except the ranch design, offers a second level with two secondary bedrooms, a loft and a bonus room over the garage. Several of the homes include a look-out or walk-out basement, with partial look- or walk-out basements for the remaining homes. Plans measure from 2,318 to 3,578 square feet, and homes are priced from $1,059,900 to $1,159,900.
“We are very proud to announce the opening of our New Haven model and delighted with the reception we have received from our current and prospective buyers and the broker community,” said Jerry S. James, president of Edward R. James Companies. “Our team has worked very hard to assure the homes we are creating complement the natural beauty of the site and the extensive landscaping and hardscape that has been put in place.”

For more information on Anets Woods, visit www.anetswoods.com
 The on-site sales center is open Thursday through Monday from 10 am to 5 pm. Please call (847) 955-1213 to schedule an appointment.

 For more information on this press release, please contact:

 Kathryn Kjarsgaard, kkjarsgaard@taylorjohnson.com, (312) 267-4514
Kim Manning, kmanning@taylorjohnson.com (312) 267-4527

Rivergate KW Residential Continues South Florida Growth with Edgewater Community

Marcie Williams

MIAMI, FL (Oct. 3, 2017) — RIVERGATE KW RESIDENTIAL, a leading multifamily property management company, has expanded its South Florida portfolio as exclusive property manager and leasing agents for 2500 Biscayne in Miami’s Edgewater neighborhood. The brand new apartment tower will begin leasing in later this month.

One- and two-bedroom units at 2500 Biscayne are designed with open floor layouts that include chef-inspired kitchens with European cabinets, quartz countertops, walk-in closets, private patios and balconies, in-unit washer and dryers, porcelain tile floors, energy-efficient stainless steel appliances and oversized windows to maximize natural light.

Jeff Simpson
Residents of the sleek, pet-friendly, 19-story apartment tower can enjoy a rooftop lounge, views of Biscayne Bay, a saltwater pool, private cabanas, lounge with coffee bar, and fitness center.

“2500 Biscayne is a premier property in one of Miami’s most desirable neighborhoods that offers a mix of amenities, retail and culture, and we are excited to contribute to its success,” said Marcie Williams, president of RIVERGATE KW RESIDENTIAL. “We look forward to the opportunity to work with Greystone Development on this stunning community.”

Surrounding neighborhoods include Wynwood, Brickell and Downtown, making local attractions such as the Wynwood Farmers’ Market, Margaret Pace Park, the Design District and other shopping, dining, theaters and bars easily accessible.

“With the opening of 2500 Biscayne, we are thrilled to bring on RIVERGATE KW Residential to bring the property to market with a rapid lease-up,” said Jeff Simpson of Greystone Development.

Tours for 2500 Biscayne began on July 24. For more information, visit http://www.2500biscaynemiami.com/

 For more information on this press release, please contact:

Eric Kalis, BoardroomPR