Thursday, July 19, 2018

Graycor Chosen to Build Prologis I-17 Logistics Center – Phase I in Phoenix, AZ

Rendering of planned Prologis 1-17 Logistics Center, Phoenix, AZ

 PHOENIX, AZ – Logistics real estate leader Prologis, Inc. has selected Graycor Construction Company as the general contractor for its new Prologis I-17 Logistics Center – Phase I, a Class A flex industrial development that sits on 25 acres of prime infill space within Phoenix’s 7th Street corridor.

When complete, Phase I will total four buildings and 558,712 square feet, divisible from 25,000 to 211,000 square feet. The project is located at 2111 - 2145 S. 7th St. in Phoenix, at the highly visible southeast corner of 7th Street and Interstate 17, and with 1,100 feet of I-17 frontage. 

Rusty Martin
The site was previously occupied by Ameron, a major concrete cylinder pipe manufacturer.

“Prologis 1-17 Logistics Center will replace 20 outmoded buildings, which were demolished over the last three months, with modern Class A construction and an extremely rare industrial infill site that sits in the heart of the 7th Street corridor,” said Graycor Construction Company Project Executive Rusty Martin.

“It is a wonderfully unique project, and we appreciate the trust that Prologis has placed in Graycor to make the development a reality.”

“This development will offer state-of-the-art features to meet the needs of today’s logistics users – e-commerce, freight forwarding and Last TouchTM distributors – who need and value proximity to Phoenix’s prime central submarket,” said Prologis Investment Officer and Managing Director Fritz Wyler. 

“Prologis is pleased to work with the Graycor team again, having successfully completed a 475,000 square foot project with them that was leased to Amazon last year.”

Graycor will begin construction at Prologis 1-17 Logistics Center this month, with completion slated for first quarter 2019. When finished, Phase I will total four buildings ranging in size from 82,284 to 211,208 square feet.

Fritz Wyler
Each will offer 32-foot clear height, 52- x 50-foot column spacing, 135- to 210-foot truck courts and the flexibility to accommodate multiple mid-size users. 

The property is three minutes from downtown Phoenix and seven minutes from Sky Harbor International Airport.

As general contractor, Graycor represents 97 years of building experience and more than 1,500 construction experts across the U.S.

 Locally, the Graycor legacy extends over more than three decades, with a portfolio that includes landmark industrial projects such as Prologis Park Riverside, Liberty Logistics Center II, Buckeye Logistics Center, FedEx Chandler Sorting and Distribution Center, and Home Depot Distribution Center.

For more information, please contact:

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

HFF announces $250 million financing for office and hotel mixed-use development in the San Francisco Bay Area

Rendering of planned Ameswell Mountain View mixed-use development, Mountain View, CA

 SAN FRANCISCO, CA –– HFF announces the $250 million capitalization for the development of Ameswell Mountain View, a fully entitled, mixed-use project comprising a 255-room upscale, independent hotel and a 216,700-square-foot Class A, LEED-Platinum office building in Mountain View, California.

Bruce Ganong
The HFF team worked on behalf of the developer, Broadreach Capital Partners, LLC, to arrange a joint venture equity partnership with Rockwood Capital, LLC.  Additionally, the HFF team worked on behalf of the parties to secure the $140 million construction financing with Wells Fargo Bank.

Ameswell is ideally positioned directly off Highway 101 and Moffett Boulevard in Mountain View and has access to Highways 85 and 237 and Interstate 280, which provide direct access to the entire Bay Area. 

The development is at the epicenter of Silicon Valley, surrounded by the largest technology companies in the world, venture capital and a highly educated workforce. 

Google, Amazon, Microsoft, Apple and Intuit are within a 2.5-mile radius of the project, and the Mountain View Baby Bullet Caltrain station is less than one mile from the property.

Michael Leggett
 The Ameswell Hotel will be one of Silicon Valley’s most prominently located, newly constructed independent lodging properties with modern luxury amenities and experiences. 

The hotel will feature creative, local design with a strong emphasis on art and technology; 6,258 square feet of premier meeting and event space; 

imaginative food and beverage offerings, which include a destination bar and restaurant and curated grab-and-go market; spacious guestrooms; abundant outdoor gathering spaces with a swimming pool, fire pits, bocce ball court and a large lawn; and sustainable operating practices. 

Ben Bullock
The steel-frame, five-story LEED-Platinum creative office building will have best-in-class construction featuring floor-to-ceiling glass lines that provide abundant natural light, 14-foot ceilings and 47,000-square-foot floorplates.  

Amenities include a 2.5-acre park, terraces and break-out areas to merge workspace and nature, dedicated bike and pedestrian trails and electric vehicle charging stations.  A six-tier parking structure will support the development.

The HFF equity and debt placement team consisted of senior managing directors Bruce Ganong and Michael Leggett, co-head of HFF’s West Coast team; senior director Ben Bullock; director Thomas Foley and analysts Austin White and Bercut Smith.

Thomas Foley
“Ameswell is one of the last fully entitled mixed-use development sites in Mountain View with prominent visibility from Highways 101 and 85,” Bullock said. 

 “With a submarket vacancy rate of less than five percent for Class A office in Mountain View, Ameswell is poised to capitalize on the abundant tenant demand for new product.”

Holliday GP Corp. ("HFF") is a real estate broker licensed with the California Bureau of Real Estate, License Number 01385740.

For more information, please contact:

HFF Digital Content/Public Relations Specialist
(713) 852-3420

D'milikah Swimwear x Bella Fashion Designs Creates Super Chic Miami Swim Week July 22

Emily Gonzaga

WHO: D'milikah Swimwear x Bella Fashion Designs
WHAT: Super Chic Miami Swim Week
WHEN: Sunday, July 22nd
WHERE: posh Pullman Hotel, 5800 Blue Lagoon Drive, Miami, FL

MIAMI, FL -- Brazilian-born fashion designer Emily Gonzaga Introducies "a fashion experience you don't want to miss out on."
She states,  "The best styles from local boutiques and designers in South Florida and nationally; just in time for summer. Reserve your tickets today!"
​More about D'milikah and Emily Gonzaga:
​Founded by Emily Gonzaga, Brazilian born designer raised in Sa​n​ Pa​o​lo, D’Milikah​ is a fashion brand offering an array of swimwear to make any woman feel and look her absolute best. 

 Her label is one of​ ​Brazil’s most recognizable contributions to swimwear​. ​ ​F​ew designers have attempted to integrate Brazilian influence​ and​ designs cater to “real women” with “real bodies.” 
D’Milikah brings awareness to the ​idea that women of every shape and form can embrace Brazilian beauty​.
 ​While magazines portray Brazilian women as having beach​ ​ready figures, the reality is​ ​that like women from all around the world, Brazilian women come in all sizes. ​ 

​"Therefore," Gonzaga states, "Brazilian swimwear does not have to be synonymous with so called “perfect” bodies. ​ ​Beauty comes in different shapes and sizes. ​
"D’Milikah​ designs​ ​are diverse and individual. Most importantly, they are​ ​stylish – whether you plan a great tan or hitting the waves​. ​
"Whether it is the perfect​ ​bikini​ ​or one​ ​piece swimsuit​, ​a woman searching for style, comfort​ ​and fit should never compromise. 
"As every woman knows, a good swimsuit is not only one that looks incredible on the rack, but one that can also sustain its shape and fit​ ​throughout many wears.
"Every piece of swimwear from D’Milikah is made from the highest quality Lycra that fits a women’s body to a ‘t’, in or out of the water. ​

"The ​design’s no longer end with swimsuits and beachwear; check out our new accessories pages to find the perfect​ ​finishing touch to any outfit in the sand or out for a night on the town.
"D’Milikah designs, distribution and manufacturing process have been customized to achieve high quality standards; these continuous efforts are now recognized in the international arena.
 For more information, please contact:

Arbor Hires David Galst as Vice President Operations for California Office

David Gaist

UNIONDALE, NY (July 19, 2018) – Arbor Realty Trust, Inc.(NYSE:ABR), a real estate investment trust and national direct lender specializing in loan origination and servicing for multifamily, seniors housing, healthcare, and other diverse commercial real estate assets, is pleased to announce that David Galst has joined Arbor as Vice President, Originations.

Mr. Galst will be responsible for originating Fannie Mae, Freddie Mac, FHA, CMBS, Bridge, Mezzanine, and Preferred Equity loan transactions nationwide.

 He is based out of Arbor’s Century City, CA office and reports directly to Frank Lutz, Executive Vice President, Chief Production Officer.

With over 25 years of industry experience, Mr. Galst has extensive expertise delivering client-specific financing across all agency platforms.

Frank Lutz
 “We are pleased to have David join the Arbor team,” said Mr. Lutz. “David brings deep, industry-leading experience and we look forward to his contributions in helping Arbor expand our product offerings to our growing client base.”

Prior to joining the company, Mr. Galst spent the last eight years with Wells Fargo in its Business Banking Group. 

In his most recent role as Principle Real Estate Industry Specialist, he originated and underwrote commercial real estate investor loans for various property types, while managing a sizeable portfolio.

 Previously, he held several positions as Vice President with Preferred Bank, Union Bank of California, and Commercial Bank.

Mr. Galst holds a Bachelor of Business Administration in Finance from The George Washington University.

For more information, please contact:

 Bina Handa
Tel: 516.506.4229

Arbor Realty Trust, Inc.
333 Earle Ovington Blvd, Suite 900
Uniondale, NY 11553