Thursday, February 27, 2020

Berger Commercial Realty Represents Sample Executive Center in 23,010-SF Lease to Full Circle Education, LLC



Johnathan Thiel 

FORT LAUDERDALE, FL – Berger Commercial Realty/CORFAC Senior Sales Associate Johnathan Thiel and Senior Vice President Keith R. Graves, CCIM, recently represented Sample Executive Center, LLC, the landlord, in the lease of 23,010 square feet to Full Circle Education, LLC.

The property is located at 2001 W. Sample Road, on the northeast corner of Powerline Road in Deerfield Beach, Florida.

“With proximity to major roadways, including I-95 and Florida’s Turnpike, the strategic location of this office property, coupled with building signage, made it ideal for Full Circle Education and its students,” said Thiel. 

For more information about Berger Commercial Realty’s leasing services, Please call (954) 358-0900.

  
 CONTACT:

Jennifer J.H. Pierce
Account Director
Pierson Grant Public Relations
6451 N. Federal Highway   Suite 1200
Fort Lauderdale, FL   33308
 T:  (954) 776-1999, ext. 232
E:  jpierce@piersongrant.com



Billy Nash of Illustrated Properties Wins “Best Real Estate Agent in Palm Beach County” Award



Billy Nash

PALM BEACH, FL – Billy Nash of Illustrated Properties, a member of The Keyes Family of Companies, was selected by Palm Beach Post readers as the Best Real Estate Agent in Palm Beach County during the publication’s annual “Best of Palm Beach County” awards reception on Feb. 24 at the Palm Beach Convention Center.

 More than 270,000 votes were cast for the 2020 edition, and the red-carpet gala attracted 700 attendees. 

 Nash is the powerhouse agent behind Nash Luxury, based at Illustrated’s corporate headquarters in Palm Beach Gardens.
Nash Luxury specializes in ultra-luxury homes and condominiums throughout South Florida. He has become one of most recognized and sought-after luxury real estate advisors in South Florida. 

 CONTACT:

Eric Kalis
Vice President, BoardroomPR
O 954-370-8999 
C 305-794-5123


Levin Johnston Completes Two Multifamily Transactions Totaling $24.45 Million in San Mateo, CA



600 Mariners Island, a 24-unit apartment community in San Mateo, CA sold for $13 Million

SAN MATEO, CA – Levin Johnston of Marcus and Millichap, one of the top multifamily brokerage teams in the U.S. specializing in wealth management through commercial real estate investments, successfully completed the sale of two multifamily communities in San Mateo, California, with a total transaction volume of $24.45 million.
 “Investor demand in San Mateo is at an all-time high as employment opportunities and superb quality-of-life are driving down vacancy rates and placing upward pressure on rents,” explains Adam Levin, executive managing director for Levin Johnston.

 Adam Levin
 While job growth remains strong throughout the entire Bay Area, the San Francisco/Peninsula submarket, which encompasses San Francisco and San Mateo County, experienced 3.5 percent employment growth last year, outpacing the East Bay at 2.2 percent.”

 Levin Johnston’s recent San Mateo transactions include:
Levin Johnston Directs Acquisition of 24-Unit Trophy Apartment Community
            Levin Johnston of Marcus & Millichap directed the acquisition of 600 Mariners Island, a 24-unit apartment community in San Mateo, California, to a foreign investor for $12.95 million. The seller, a private owner, was also represented by Levin Johnston.
“This acquisition presented a rare opportunity to purchase a trophy asset in a strong and highly robust multifamily market,” explains Robert Johnston, senior managing director for Levin Johnston.
 “Drawing upon our deep market knowledge and strong investor relationships, we were able to quickly identify a buyer and close the deal within 14 days.”
According to Johnston, the appeal of this asset to both local and international investors is driven by San Mateo’s reputation as one of the most affluent and prosperous counties in the nation, with strong employment fundamentals and low vacancy levels.
Robert Johnston
The property is in close proximity to many of the nation’s top tech employers including Facebook, Oracle, GoPro, and Sony. 
The greater San Mateo County market is also experiencing an influx of office expansions and new development including the Gilead Sciences campus, Illumina campus, Franklin Templeton headquarters, and Facebook’s Oculus offices. Residents also benefit from convenient access to retail destinations and local parks.
Originally constructed in 1976, 600 Mariners Island offers waterfront views and consists of six two-bedroom/one-bathroom units and eighteen one-bedroom/one-bathroom units.
Community amenities include a full-sized swimming pool, a children’s swimming pool, clubhouse, boat launch, private storage, modern fitness center, dog park and playground.
The property is located at 600 Mariners Island in San Mateo, California.
Levin Johnston Completes $11.5 Million Sale of 31-Unit Multifamily Community
            Levin Johnston directed the sale of Station 401 @ Poplar, a 31-unit multifamily community in San Mateo, California, for $11.5 million. The firm represented the seller and the buyer, both private investors, in the transaction.
            “Station 401 @ Poplar is situated in a world-class location in close proximity to major employers and transportation corridors,” says Johnston. “The asset was previously listed unsuccessfully by other local brokers. Keeping our finger on the pulse of the market, we were able to bring in a buyer and ultimately negotiate an attractive price that made sense for both our clients.”

Station 401 @ Poplar, a 31-unit multifamily community
at 
401 East Poplar Avenue in San Mateo, CA
 sold for $11.5 million 

CONTACTS:

Alex Caswell / Elisabeth Manville 
Brower Group
(949) 438-6262