Wednesday, January 30, 2019

Daum Commercial Helps Manufacturer Double Presence in Metro Phoenix, AZ

Industrial Manufacturing Complex, 6615 West Boston Street
Chandler, AZ

CHANDLER, AZ  – DAUM Commercial Real Estate Services has completed the 10-year lease of 48,000 square feet of a 96,000 square-foot industrial manufacturing property in the Phoenix submarket of Chandler, Arizona, on behalf of the lessee, Advanced Circuits, one of the top-three largest printed circuit board manufacturers in North America.

Sebastian Sica
With this lease, the Aurora, Colorado-based firm is relocating from 24,000 square feet of space in nearby Tempe, Arizona – doubling its presence in the region and creating 150 new jobs, according to Sebastian Sica, an Associate at DAUM’s Phoenix office.

“Our Client was seeking to relocate from their previous Arizona location after 20 years, as part of a company expansion that will bring several jobs to the area, as well as a desire to modernize its manufacturing facilities,” explains Sebastian, who represented the tenant along with DAUM Executive Vice President Rich Sica.

According to Sebastian, DAUM began working with Advanced Circuits a year ago after the firm expressed interest in another property.

“After strategically determining that the initial space was not an ideal fit, we continued to work with Advanced Circuits to identify a property that could be tailored to its needs as the firm expands,” continues Sebastian.

“Through working closely with the tenant, landlord, and contractors, we were able secure a long-term lease for this recently-renovated property in a strong location, as well as negotiate tenant improvements that met the Client’s requests.”

Rich Sica
According to Sebastian, the property is well-positioned adjacent to the Interstate 10, providing ease-of-access throughout the Southwest region and to the Ports of Los Angeles and Long Beach in California.

The firm will also benefit from being a part of the growing tech industry in Chandler, which includes the headquarters of Microchip Technology and an Intel campus that recently received a $7 billion investment, he notes.

The lessor in this transaction is Montreal, Canada-based global real estate company IvanhoƩ Cambridge.

The building features 24’ clear height, high-end office space, and dock-high and grade-level loading.

Recent upgrades to the asset include a new roof, T-5 warehouse lighting, a fresh coat of exterior paint, and a new access ramp to the office space.


Micaela Fehrenbach / Elisabeth Manville
Brower Group
(949) 955-7940

Chesapeake Realty Partners’ Developments Rank in Top 1% for Online Reputation

2 East Wells, Baltimore, MD

Owings Mills, MD – Four multifamily communities that Chesapeake Realty Partners developed rank in the 2018 Elite 1% ORA™ Power Ranking for having the best online reputations in the U.S. 

J Turner Research releases the annual rankings, which are widely recognized as the industry benchmark. The Online Reputation Assessment (ORA™) score highlights the performance of properties, management companies and REITs across multiple review sites. 

“Earning the recognition from ORA helps solidify CRP's focus on building a truly great experience for our residents, and the reward is in knowing we are making good on that promise,” said Chesapeake Realty Partners Vice President Derek Olszanowski. “Of more than 100,000 communities across the country, only 1,234 scored highly enough to earn membership in the ORA™ Elite club.” 

Here are the luxury multifamily communities that Chesapeake developed that made the list:

The Overlook in Camp Hill, PA

* The Overlook in Camp Hill, Pennsylvania has an ORA™ score of 95 and is ranked at #35 in the nation. The garden-style community, which features a resort-like clubhouse with fitness center, business center and swimming pool, has 288 units located in the Harrisburg metro area.

* 2 East Wells in Baltimore, Maryland has a score of 92 ORA™ score and a ranking of #306. The apartments have a resident’s club and cafe, two rooftop decks, a fitness center, and one of Baltimore’s Top 50 restaurants, Minnow. The 152-unit community is in Baltimore’s historic Federal Hill area.

* Belvoir Square in Fairfax County, Virginia has an ORA™ score of 91, coming in at #503. The 282-unit wellness-focused community has indoor and outdoor fitness facilities and some of the most unique amenities available anywhere. It is located just outside the main gate of fast-growing Fort Belvoir.

* Riverside Apartments near Aberdeen Proving Ground in Belcamp, Maryland, has an ORA score of 89 and ranks at #958. The 400-unit garden style community features a five-star clubhouse, resort-style swimming pool, fitness center, resident’s club, walking and running trails, two dog parks and much more.

Derek Olszanowski
WPM Real Estate manages The Overlook, 2 East Wells and Riverside. Kettler Management manages Belvoir Square. 

J Turner says a property must earn a minimum ORA™ score of 89 and have at least 12 online reviews to be ranked. When communities have the same score, the property with more reviews ranks higher. Multifamily Executive recently published the results of the rankings.

Headquartered in Owings Mills, Maryland, Chesapeake Realty Partners builds on more than 70 years of success in the Mid-Atlantic real estate market.

 For additional information about CRP and its projects, please go to


Terri Thornton
Partner, Thornton Communications

Western Specialty Contractors Promotes Jessica Gitto to National Account Manager

Jessica Gitto

 St. Louis, MO, Jan. 30, 2019 -- Western Specialty Contractors has promoted Jessica Gitto to the position of National Account Manager. Gitto was previously the Marketing/Assistant National Account Manager at Western.

Western’s National Account Program is designed to offer national and regional property owners and managers a single source for the exterior repair and restoration of all their buildings and structures.

Each program is custom-designed to meet each customer’s needs, reflecting their policies, procedures and organizational structure.

Benjamin Bishop Jr.

As National Account Manager, Gitto will assist in the company's efforts to identify, establish and develop relationships with large, multi-location customers.

 Gitto has a Bachelor of Fine Arts in Communication from the University of Missouri – St. Louis and more than 12 years of marketing, management and sales experience.

Ben Many and George Bishop Sr. founded the company in 1915. Benjamin Bishop Jr. is Western's CEO.

Corporate headquarters: Western Specialty Contractors, 1637 North Warson Road, St. Louis, MO 63132.  PH: 314 427 1637.