Thursday, November 15, 2018

Astor Real Estate Group Announces Two Additional Retailers at Merrick Manor in Coral Gables, FL


Shops at Merrick Manor, Coral Gable, FL

CORAL GABLES, FL   A new wave of luxury stores, beauty and healthy lifestyle services is heading to luxury mixed-use development Merrick Manor.

Astor Real Estate Group has unveiled two additional retailers that will join Shops at Merrick Manor, the commercial component of Coral Gables’ newest and most anticipated development.

Roza H. Radkiewicz

Miami-based Anaïs Nails & Spa and Coral Gables-based Elegance Beauty Salon are set to open their new showrooms on the ground floor of the luxury project, which is scheduled to be completed during the first quarter of 2019.

Each will occupy more than 1,100-square-feet of aesthetically designed space at Shops at Merrick Manor. Anaïs Nails & Spa and Elegance Beauty Salon are already in the build-out process of their new state-of-the-art spaces. 

Anaïs Nails & Spa is a stylish and sophisticated salon filled with friendly staff and relaxed patrons.

Elegance Beauty Salon is known for its team of excellent stylists that can make even the most difficult hair feel great and look fashionable.

Roza H. Radkiewicz, Principal Broker of Astor Real Estate Group and Director of Sales at Astor Companies, arranged the transactions.

“I am very proud to have Anaïs Nails & Spa and Elegance Beauty Salon on board as part of our exclusive collection of high-end retailers and service providers,” said Ms. Radkiewicz. “Those outstanding brands will make an ideal addition to our graceful and iconic project.”

Astor previously announced that Miami-based jeweler Trésor will open a new store at Shops at Merrick Manor. The company plans to reveal additional tenants in the coming weeks.

Shops at Merrick Manor, a five-star luxury project, will consist of nearly 20,000 square feet of prime, Class A ground-floor retail and restaurant space conveniently located just steps away from the fashionable Merrick Park Shops.

Typical Elegance Beauty Salon Interior
For opportunities available at Merrick Manor, contact Roza H. Radkiewicz at (786) 218-8322 or (954) 993-8747 or email 
roza@astorcompanies.com.

CONTACT:

Eric Kalis
Account Director, BoardroomPR
O 954-370-8999
C 305-794-5123
Bank of America Plaza | 1776 N Pine Island Road


KW Property Management & Consulting Continues Luxury Portfolio Expansion with Addition of Brickell Heights in Miami, FL


Brickell Heights, Financial District, Miami, FL

Miami, FL – KW Property Management & Consulting’s (KWPMC) expansion within Miami’s Brickell neighborhood is surging with the addition of Brickell Heights residential and commercial associations to the company’s luxury portfolio.

Tim O'Keefe
The company was selected by all boards to manage all four Associations within this brand new luxury condominium and commercial community.

  A 35,000-square-foot Equinox Fitness Center and a new Capital One Café are also on site, with many other offerings underway.

 The complex also includes 35,000 square feet of Class A office space.

“It is thrilling to add a jewel like Brickell Heights to our luxury portfolio in the neighborhood,” said KWPMC Director Tim O’Keefe.

“The talent and dedication of our people help to position us as the go-to management company for luxury high-rise condominium buildings, especially within Brickell.  
Brickell City Centre, Financial District, Miami, FL
"Whether in support of brand new developments or established associations, KWPMC is by far the best suited overall property management solution to meet and exceed the needs and expectations within the evolving Brickell area community. ”

Developed by the Related Group and designed by Rockwell Group and Arquitectonica, Brickell Heights is adjacent to Brickell City Centre, where KWPMC manages the REACH and RISE high-rise condo towers for developer Swire Properties.


CONTACTS:

Eric Kalis
954-370-8999


Jasmin Curtiss
 Account Executive, BoardroomPR
 O 954-370-8999



HFF announces $9.94 million acquisition financing for Class A office property in Bergen County, NJ


3 Paragon Drive Office Property, Montvale, NJ

FLORHAM PARK, NJ – Holliday Fenoglio Fowler, L.P. (HFF) announces a $9.94 million acquisition financing for 3 Paragon Drive, a 93,916-square-foot, Class A office property in Montvale, New Jersey.

Michael Klein
The HFF team worked on behalf of the borrower, Ramapo, New York-based Northeast Capital Group, to secure the five-year, fixed-rate loan with Valley National Bank. 

3 Paragon Drive is situated on a 9.29-acre site in the Upper Parkway Office submarket of Montvale, a community bordering New York state in Northern New Jersey. 

 Montvale offers a plentiful amenity base, including a new Wegmans Food Market and Life Time Fitness, and connectivity to the entire region via Montvale Train Station, the Garden State Parkway and Interstates 287, 87 and 80. 

Additionally, Bergen County, where the property is located, is home to a significant number of corporate headquarters and operation headquarters for companies, including Sharp Corporation, Benjamin Moore and KPMG. 

 Renovated in 2016, 3 Paragon Drive is 96 percent leased to two tenants, Pentax of America and Turner Construction Company.

Porter Terry
The HFF debt placement team representing the borrower included managing director Michael Klein and senior director Porter Terry.

“The high-quality property features many attributes that lenders were attracted to including a prime location within Bergen County that provides access to the local highway infrastructure, as well as a long-term anchor tenant that has demonstrated its commitment to the building,” stated Klein. 

 “As a result, there was significant interest in this transaction from local and regional banks. Valley National Bank was able to provide a highly competitive deal that best met the borrower’s needs.”


CONTACTS:

MICHAEL KLEIN
HFF Managing Director
(973) 549-2000

PORTER TERRY
HFF Senior Director
(617) 338-0990

KRISTEN MURPHY
HFF Director, Public Relations
(617) 338-0990

necgre.com.