Thursday, May 10, 2018

Mallory & Evans Plans First Florida Project -- 96-Unit Student Housing in Daytona Beach, FL.

Brantley Basinger
Daytona Beach, FL  (May 10, 2018) – Student housing developer Mallory & Evans is planning its first Florida project – Bellamy Daytona. The $26 million community is the firm’s seventh student housing development and its first in the Florida market. 

“This will fill a big need while offering the most private, upscale and high-tech amenities in the area,” said Mallory & Evans Principal Brantley Basinger. “Only two of at least six colleges and universities in Daytona Beach offer student housing at all. Plus, Bellamy Daytona features amenities no other local student-centered apartments will offer.”

The gated, four-story resort-style community will have 96 fully-furnished apartments with 376 private bedrooms. Unlike other apartments in the market, each bedroom will have its own private bath and study area. 

It will also be the only student community to have five-bedroom apartments, which will be two-story penthouses overlooking the community’s lake and fountain. Three- and four-bedroom apartments with lake views will also be available. 

Construction and leasing are expected to begin this summer with the apartments ready for the 2019 fall semester. Caliber Living is managing and leasing the Bellamy student housing brand. 

For more information, please contact:

Terri Thornton

Partner, Thornton Communications

NAI Realvest Negotiates Five New Professional Office Leases in University Submarket in East Orlando, FL

Mary Frances West

ORLANDO, FL --- NAI Realvest recently closed on five new office leases totaling 11,552 rentable square feet of professional office space in the University Drive corridor of east Orlando.    

Micah Strader
Mary Frances West, CCIM, Vice President at NAI Realvest represented the tenant Newyu, Inc., a subscription based software development firm, in a lease agreement for 5,000 square feet in The Quadrangle’s University Park Building 100 located at 3452 Lake Lynda Drive.

 Landlord Crocker Partners V UCC, LLC was represented by Micah Strader of CBRE. 

At University Court, 3361 Rouse Rd. West negotiated four new leases on behalf of Landlord Interchange-FL Rouse, LLC of Daytona Beach.   

The Roderick Group, Inc. dba Ardmore Roderick a Chicago engineering firm leased 1,380 square feet to open an Orlando office; Solve Technology and Research, Inc. also leased 1,380 square feet;   

Nick Poole
 Astera Law Group PLLCan immigration law firm relocating from downtown, leased 1,122 square feet; and software developer Veristream leased 2,670 square feet.   Nick Poole of Jones, Lang, LaSalle Americas, Inc. represented Veristream
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For more information, please contact:

Larry Vershel or Beth Payan, Larry Vershel Communications, 



HFF Orlando expands with addition of senior director Brett Moss

Brett  Moss

ORLANDO, FL –– HFF announced it has expanded its multi-housing investment advisory team with the addition of senior director Brett Moss (above) in its Orlando office.  

Mr. Moss has more than 12 years of commercial real estate experience and rejoins HFF after a brief period at CBRE.  Mr. Moss worked at HFF as an associate director from March 2015 to June 2017. 

Prior to HFF, he headed BMO Harris Bank’s commercial real estate lending efforts across the southeastern United States.  Mr. Moss is a member of National Multifamily Housing Council, NAIOP Orlando and Urban Land Institute and holds a Bachelor of Science degree from Southern Methodist University.    

Michael Weinberg
“HFF Orlando if pleased to welcome Brett back to the team and to be able to expand our client offerings to include investment advisory expertise for our multi-housing clients in Central and North Florida,” said Michael Weinberg, senior managing director and co-head of HFF’s Orlando office.

For more information, please contact:

HFF Director, Public Relations
(617) 848-1572

HFF announces sale and financing of Three Sugar Creek in Sugar Land, TX

H. Dan Miller
HOUSTON, TX –– HFF announces the sale and financing of Three Sugar Creek, a six-story, 154,263-square-foot Class A office building in Sugar Land, Texas.

The HFF team represented the seller, Radler Enterprises, Inc., and procured the buyer, WEDGE Properties Management L.L.C.  Additionally, the HFF team arranged a 10-year, fixed-rate acquisition loan on behalf of the buyer.

Three Sugar Creek is situated on a 3.07-acre site at 3 Sugar Creek Center Boulevard close to the intersection of Highway 69 and U.S. 90. 

This location along Highway 69 provides visibility to more than 224,000 vehicles per day and provides easy access to Houston’s vast transportation network, including Beltway 8, Westpark Tollway and the Grand Parkway. 

Susan Hill
 Sugar Land is an amenity-rich community and Three Sugar Creek benefits from its proximity to more than 10 hotels, 70 restaurants and numerous retail offerings at centers such as Sugar Land Town Square and First Colony Mall, among others.  

Completed in 2008, the Class A asset offers 26,000-square-foot floor plates and floor-to-ceiling glass with 10.5’ and 9.5’ finished ceiling heights throughout.  Three Sugar Creek was approximately 95 percent leased at the time of sale. 

The HFF investment advisory team representing the seller included senior managing director H. Dan Miller and senior director Marty Hogan.  Radler Enterprises was represented by Tom Radom.

Wally Reid
HFF’s debt placement team representing the borrower consisted of senior managing directors Susan Hill and Wally Reid.

According to Miller, Three Sugar Creek is one of the finest quality suburban buildings for its size in Houston.

Holliday GP Corp. ("HFF") is a Texas licensed real estate broker.

HFF Director, Public Relations
(617) 338-0990