Tuesday, October 17, 2017

Altis Bonterra Celebrates Grand Opening Oct. 19: Upscale Hialeah rental community will offer one, two and three bedroom units starting at $1,530







Altis Bonterra Celebrates Grand Opening Oct. 19: Upscale Hialeah rental community will offer one, two and three bedroom units starting at $1,530


Rendering of Altis Bonterra luxury rental community, Hialeah, FL 

 
Joel Altman
MIAMI, FL,  Oct. 17, 2017 – Altman Companies and BBX Capital Corporation, industry leaders in developing upscale multi-family communities, are pleased to announce the grand opening of their latest luxury rental community, Altis Bonterra.

An oasis of modern apartment living in the beautiful and thriving Hialeah, Altis Bonterra is comprised of 16 3-story buildings offering one, two and three bedroom high-end apartment homes complete with fantastic amenities, trendy d├ęcor and designer finishes.

The Havana Nights-themed grand opening will include a private event at the resort-style pool area on Thursday, Oct. 19 from 4 p.m. to 7 p.m.

“Our team is excited to bring Altis Bonterra to life and to better able an exceptional living experience to our new residents,” said Mr. Joel Altman, President and CEO of The Altman Companies. “We are a company that takes great pride in creating and developing outstanding communities for our residents and add valuable assets to the communities in which we develop.”

For more information on this press release, please contact:

Todd Templin
BoardroomPR
954-290-0810

HFF announces Sale of Pacific Center in Los Angeles’ South Bay area


 
Pacific Center, Torrance, CA


Ryan Gallagher
NEWPORT BEACH, CA, Oct. 16, 2017 – Holliday Fenoglio Fowler, L.P. (HFF) announces the sale of Pacific Center, a 306,765-square-foot, state-of-the-art office building in the Los Angeles/South Bay-community of Torrance, California.

The HFF team represented the seller, Stream Realty Partners, L.P., and procured the buyer, Related Fund Management. 

Pacific Center is located at 21250 Hawthorne Boulevard at the heavily trafficked intersection of Hawthorne and Torrance Boulevards across from the Del Amo Fashion Center, which recently underwent a $500 million renovation.

 The property is strategically located within close proximity of many of the areas affluent neighborhoods, including Palos Verdes, Rancho Palos Verdes, Rolling Hills Estates, Hermosa Beach and Manhattan Beach.  Renovated in 2017, the eight-story Pacific Center is 91 percent leased to tenants, including Bank of America, Morgan Stanley, ANA, Wells Fargo and Barrister Executive Suites. 

The HFF investment sales team representing the seller included senior managing director Ryan Gallagher and managing director Andrew Harper. 

Holliday Fenoglio Fowler, L.P., acting by and through Holliday GP Corp., a real estate broker licensed with the California Department of Real Estate, License Number 01385740.

  For more information on this press release, please contact:

Kristen Murphy
 Director, Public Relations
 One Post Office Square Suite 3500
 Boston, Massachusetts 02109
 T: 617-848-1572
 |  M: 617-543-4873


HFF announces sale of 26-building office/flex portfolio in Southern New Jersey


Jose Cruz

FLORHAM PARK, NJ, Oct.16,  2017 – Holliday Fenoglio Fowler, L.P. (HFF) announces the sale of a 2-6-building, 1.2 million-square-foot office/flex portfolio in Moorestown and Burlington Townships, New Jersey. 

The HFF team marketed the portfolio on behalf of the seller, Mack-Cali Realty Corporation.  Brennan Investment Group purchased the portfolio free and clear of any mortgage financing.

The portfolio comprises 24 buildings in Moorestown and two buildings in Burlington Township that are 91 percent leased overall.  Tenants include businesses in health care services, pharmaceutical/clinical packaging and medical supplies.

 The properties are situated within two of the area’s top business parks near the Pennsylvania/New Jersey border.  This location has easy access to the area’s primary thoroughfares, including Interstates 295, 195, 95 and 276 and Routes 130, 206, 70 and 38. 

Additionally, the portfolio is located within 20 miles of the Philadelphia International Airport and within 10 miles of the Philadelphia Regional Port.

Doug Rodio
The HFF investment sales team representing the seller included senior managing directors Jose Cruz and Doug Rodio and managing directors Brett Segal and Kevin O’Hearn.

 “This portfolio had a significant amount of interest give its size and the potential upside,” Cruz said.
   
HFF and Holliday GP Corp. are licensed New Jersey real estate brokers.

  For more information on Mack-Cali Realty Corporation and its properties, visit www.mack-cali.com.