Tuesday, November 12, 2019

Suzanne Somers Has It All – Including Her Romantic Palm Springs Hideaway Now Reduced to $9.5 Million

Susan Somers' Mountainside Hideaway Home on 73 Acres in Palm Springs for Sale at $9.5 Million
Photo credit: Douglas Elliman           Source: www.elliman.com
PALM SPRINGS, CA -- TopTenRealEstateDeals.com reports that not just a blond bombshell with a great body still ... Suzanne Somers has just completed her latest book, A New Way to Age, that will be in bookstores in January.

A prolific author, she has close to 30 published books with 14 of them appearing on the New York Times Best Seller list.

 Suzanne Somers...then
Still an energetic spitfire at age 73, she shares her secrets of aging well in her writing.

Most recently she has been in the news for looking hot in her nude 73rd-birthday photo and titillating interviews about her and husband Alan Hamel’s sex life.

 Suzanne Somers...and now

The result of these well-timed interviews will have every middle-aged woman in the country lining up at their local bookstore in January for her latest book!

One secret in tasteful seduction that may or may not be in the new book is how to create a home like the couple’s Palm Springs hideaway where the lines of good design and creativity are artfully blended.

Alan Hamel and Suzanne

Suzanne has masterfully set the scene for social entertaining with a romantic vibe while at the same time creating separate, private venues.

Almost every square inch of the couple’s hillside oasis shows Somers’ thoughtful and artful touch. On their 73-acre mountainside there are five buildings to explore with 10,000 square feet of pavilions.

Albert Frey
(Wikipedia photo)
 French Provincial in style, one houses the master suite, another dining and living room, a separate two-room kitchen and wine cellar and a deeply romantic stone guest house designed in the 1920s by Albert Frey.

There is also an outdoor amphitheater carved into the mountain that seats 50 under the stars, has a dance floor, a pool, spa with hiking trails and a natural waterfall that spills down the hillside.
Set into the side of a craggy mountainside above the valley in Mesa Canyon, the couple has combined their love of nature and elegance by bringing out the best in both with their use of contrast.

Imagine crystal chandeliers twinkling against natural rock and reclaimed wood . . . rough against smooth, soft against hard . . . all in perfect balance. To add even more intrigue, access is via a private funicular, a golf cart or a hillside of stone steps - but no cars.

After 42 years of marriage with the romantic side still in high gear, Suzanne Somers and Alan Hamel created the ultimate love nest in their wonderfully quirky and glamorous abode.

Scott Lyle 

Back on the market after a long hiatus, it has been reduced to $9.5 million.

 Co-listing agents are Scott Lyle of Douglas Elliman, Palm Springs and Ronald Parks of Pacific Sotheby’s, Palm Springs.


Genelle C. Brown
Content Manager, Media Division
Phone:  434-480-4504

Twitter:  @toptenrealestat

JLL arranges sale, acquisition loan for Houston, TX retail center

Cortney Cole 

HOUSTON, TX,  Nov. 12, 2019 – JLL announced today that it has closed the sale of and arranged acquisition financing for Cypress Pointe, a 173,344-square-foot, Kroger-anchored shopping center in the Houston-area community of Cypress, Texas.

JLL marketed the property on behalf of the seller, Weingarten Realty InvestorsTarantino Properties purchased the asset and engaged JLL to place the 10-year, fixed-rate acquisition loan with Morgan Stanley Bank, N.A. JLL will service the securitized loan. 

Wendy Vandeventer

Additionally, in a separate transaction, JLL marketed a 4,517-square-foot, single-tenant retail building that is triple net leased to Chick-fil-A and adjacent to Cypress Pointe on behalf of the seller to the buyer.

Cypress Pointe is 99.1% leased and home to a diverse tenant roster of best-in-class grocery, discount department, food and beverage, professional services and health and beauty tenants. 

Meaghan Gallacher

Situated on 16.43 acres at 302-430 F.M. 1960 West, the property is along one of north Houston’s primary east-west roadways proximate to where it intersects at Interstate 45. 

The retail center is major employment centers, including Springwoods Village, Pinto Business Park, North Houston District and George Bush Intercontinental Airport. 

George Cushing

More than 106,000 residents earning an average annual household income of $75,409 live within a three-mile radius of Cypress Pointe.

The JLL Capital Markets investment advisory team representing the seller included Managing Director George Cushing, Senior Vice President Wendy Vandeventer and Vice President Meaghan Gallacher.

James Brolan
The JLL Capital Markets debt placement team representing the borrower was led by Managing Director Cortney Cole and Senior Vice President James Brolan.

“I am excited to add Cypress Pointe Shopping Center to our portfolio of income-producing assets,” said Anthony Tarantino, president of Tarantino Properties, Inc. “Cypress is a well-located and tenanted shopping center with Kroger as an anchor, and Ross Dress for Less and Five Below as new tenants.”

Anthony Tarantino
According to a recent JLL Retail Outlook report, second-quarter 2019 net absorption in U.S. shopping centers (i.e., community, neighborhood and strip centers) remained positive at 1.9 million square feet, with the majority coming from neighborhood center demand. Additionally, neighborhood centers – like Cypress Pointe – are sought after among small retail locales.

Cypress Pointe Retail Center, Cypress, TX
JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. 

The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment advisory, debt placement, equity placement or a recapitalization. 

Cypress Pointe Retail Center, Cypress, TX

The firm has more than 3,700 Capital Markets specialists worldwide with offices in nearly 50 countries.

For more news, videos and research resources on JLL, please visit the firm’s U.S. media center Web page: U.S. newsroom.


Kimberly Steele
Digital Content/PR Specialist
Phone: +1 713 852 3420
Email: Kimberly.Steele@am.jll.com

NAI Realvest | Charles Wayne Commercial Brokers Multi-Year Lease for Cleaners’ Expansion and Drive-Through Access in Port Orange, FL

Brian Adair
PORT ORANGE --- NAI Realvest | Charles Wayne Commercial recently closed on a multi-year lease at Unit 1, 1633 Taylor Road in Port Orange. 

 Taylor Cleaners leased 2,000 square feet at the Elmnic Plaza (formerly Space Coast Plaza ) to expand and relocate its operations from a smaller unit in the center because the Unit 1 end-cap space has drive-through access.   

 Principal Brian Adair and Associate Brad Gifford at NAI Realvest | Charles Wayne Commercial, brokered the transaction representing the tenant and the Space Coast Plaza    landlord, Elmnic, LLC based in Westchester County , NY .

About Charles Wayne Properties:

Charles Wayne Properties is an industry leader with a 40-year track record as an investor and developer throughout the Southeast having developed and managed grocery anchored shopping centers, freestanding retail facilities, and office and industrial parks. 

Brad Gifford 
Since 1978 the firm has worked with local and national brands in various capacities including brokerage, development, investment sales, tenant representation, property management and receivership. 

Brad Gifford, NAI Realvest | Charles Wayne Commercial 
386-238-3600 bgifford@realvest.com   

or Brian Adair, Principal,  386-238-3600 ext 202 badair@realvest.com
Patrick Mahoney, NAI Realvest | Charles Wayne Commercial 
407-875-9989 pmahoney@realvest.com

Beth Payan, Larry Vershel Communications Inc. 
407-644-4142 or 407-461-3781 beth@larryvershel.com


Space Coast Credit Union Relocates from Melbourne, FL to Miramar, FL

Maridee Bell

MIRAMAR, FL – Space Coast Credit Union (SCCU), the third largest credit union in Florida, is relocating its existing South Florida operations center to the Miramar Park of Commerce, the largest locally owned and managed business park in South Florida. 

The employer of approximately 850 total team members is leasing the entire 48,604-sq.-ft. MPC-25B, located at 10600 Marks Way, providing for future staffing expansion in its southern markets.

Lauren Pace
“We chose the Miramar Park of Commerce due to its proximity and convenient access to major nearby thoroughfares,” said SCCU Chief Operating Officer Alan Lewis. “We weren’t necessarily looking at new construction, but we found that this building meets both our short-term and long-term needs.”

J. Alan Lewis
Headquartered in Melbourne, Fla., Space Coast Credit Union, with more than $4.5 billion in assets, serves more than 400,000 members in 29 counties and operates 59 branch locations that span Florida’s east coast from Flagler to Miami-Dade counties. Move-in is slated for February 2020.

Ryan Goggins

“Space Coast Credit Union is one of several major companies that have recently relocated operations to the Park,” said Sunbeam Properties Vice President Maridee Bell, who along with Leasing Associate Lauren Pace and Colliers International South Florida Director of Industrial Services Ryan Goggins, represented the Park in the transaction. 

“In 2019 alone, we’ve leased more than 200,000 sq. ft. to such new tenants. At Sunbeam and the Miramar Park of Commerce, we’re continuing to attract high-caliber tenants with offerings and services that outperform our competitors.”

Brian Lightle

Space Coast Credit Union was represented by Brian Lightle of Lightle Beckner Robison, Inc. in the transaction.

MPC-25 consists of two spec office buildings, the 48,604-sq.-ft. MPC-25B and the 56,494-sq.-ft. MPC-25A.

About Space Coast Credit Union:

Space Coast Credit Union was chartered in 1951 and is headquartered in Melbourne, Florida. The credit union serves more than 437,000 members with assets of over $4.5 billion through a network of 59 branches and over 100 ATMs located throughout Florida and through its website, SCCU.com

Space Coast Credit Union, Miramar Park of Commerce, Miramar, FL
Space Coast Credit Union is open for membership to anyone who lives or works in the 29 Florida counties it serves. Locations can be found at SCCU.com/Locations.

For more information, contact Lauren Pace (lpace@wsvn.com) or Maridee Bell (mbell@wsvn.com) at 10212 USA Today Way, Miramar, FL 33025 or call 954-450-7900.

Space Coast Credit Union locations may be found at SCCU.com/Locations.