Tuesday, September 22, 2020

Ware Malcomb Promotes Kate Lyle to Studio Manager Specializing in Industrial Cold and Food Sector

Kate Lyle

 IRVINE, CA, Sept. 22, 2020 – Ware Malcomb, an award-winning international design firm, today announced Kate Lyle has been promoted to Studio Manager, Industrial Cold and Food in the Irvine, Calif.-based headquarters office.

In this role, Lyle leads the growth of the Industrial Cold & Food Studio and manages select projects.

Lyle joined Ware Malcomb in 2019 as Senior Project Architect, specializing in complex project types including food processing, manufacturing, and cold storage. 

She is active in the Controlled Environments Building Association (CEBA) and excels in planning, interpreting, organizing and managing these specialized projects through all phases of development, including monitoring budgets and managing the project team.


Greg Spon


“Kate’s devotion to her work, financial astuteness, attention to detail, and skill with our clientele has quickly made her an integral part of the Ware Malcomb team,” said Greg Spon, Director, Architecture of Ware Malcomb’s Irvine office.

 “As the Industrial Cold and Food sector continues to grow across the country, we look forward to her continued contributions and success at Ware Malcomb.”

Ware Malcomb is an industry leader in Cold Building projects, a unique and highly specialized sector within the industrial real estate market that includes cold storage, food processing and production facilities, cold laboratories, and cold medical and pharmaceutical facilities. 

 CONTACT:

 Rachel Devany

VP Public Relations

KCOMM for Ware Malcomb

Rachel@kcomm.com


Maria Rodgers, Public Relations Manager, 949.660.9128, mrodgers@waremalcomb.com

 Maureen Bissonnette, Associate Principal, Marketing, 949.660.9128, mbissonnette@waremalcomb.com

 

Richmond, VA-area Valvoline retail store sold for $1.7 million

 

New Valvoline Express outlet, 2501 West Hundred Road, Chester, VA


Brad Peterson

WASHINGTON, DC,  Sept. 22, 2020 – JLL Capital Markets announced today that it has closed the $1.7 million sale of a newly constructed 1,668-square-foot retail property ground leased to Valvoline in the Richmond-area community of Chester, Virginia. 

 JLL marketed the properties on behalf of the seller, Tennessee-based GBT Realty Corporation. A private investor purchased the asset.

 The JLL Capital Markets team representing the seller was led by Senior Managing Director Brad Peterson, Director Michael Brewster and Senior Director Jordan Lex.

Michael Brewster

Valvoline (NYSE: VVV) is a leading, worldwide marketer and supplier of premium-branded lubricants and automotive services with sales in more than 140 countries.

 Additionally, the tenant is the second largest instant oil change chain by locations in the U.S. with more than 1,300 stores.

Constructed in 2020, the property is situated on 0.64 acres at 2501 West Hundred Rd., which is only 630 yards from Interstate 95, which has a traffic count of approximately 124,000 vehicles per day.

This location is the only Valvoline within five miles and the closet oil change location to I-95, which is a primary roadway into Richmond, which is 12.5 miles from the center, and into the rest of Virginia.

Lex Jordan

 “Instant oil changes fit well in today’s market, as customers opt for convenience and prefer to remain in their vehicles,” Brewster said.

 “This Valvoline proved to be an attractive offering due to the quality of the real estate and ideal tenant category.”

  For more news, videos and research resources on JLL, please visit our newsroom.

 Contact:

 Kimberly Steele

Senior Associate

 Public Relations

JLL Capital Markets

9 Greenway Plaza, Suite 700

Houston, TX  77046

T +1 713 852 3420

M +1 832 244 9994

Kimberly.Steele@am.jll.com

 

us.jll.com/capitalmarkets

 


 

Our Office:
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Arbor Funds $14.2 Million Freddie Mac SBL Loans in Brooklyn, NY

 

Vincent Chiodo

   UNIONDALE, NY, Sept. 22, 2020 – 

Arbor Realty Trust, Inc. (NYSE:ABR) a leading multifamily and commercial mortgage lender, recently funded two Freddie Mac Small Balance Loans in Brooklyn, NY.

 The multifamily properties received $14.2M in refinancing, with a 10-year fixed rate through the program.

 Vincent Chiodo of Arbor’s New York City office originated the loans.

“These transactions exemplify Arbor’s commitment to meeting all of our clients’ needs no matter the environment or unique circumstances,” Chiodo said. “We were able to execute these transactions successfully despite all the changes and challenges that occurred due to COVID-19.”

 480 Stratford Road in Brooklyn received $5.2M in refinancing. The 15-unit mixed-use property was built in 2013 and is conveniently located with restaurants and retail shopping nearby.

480 Stratford Road, Brooklyn, NY

 1608 Beverley Road in Brooklyn received $3.4M in refinance funding. Built in 2014, the six-story, 12-unit property features hardwood floors and stainless steel appliances. The complex, just blocks away from Prospect Park, is near dining and shopping areas and less than 30 minutes from Manhattan.

 1608 Beverley Road, Brooklyn, NY

 596 East 19th Street in Brooklyn received $5.5M in refinancing. The 20-unit property was built in 2015 and features stainless steel appliances and large living areas. It is located in the historic district of Ditmas Park, with public transportation and retail shopping minutes away.

 Contact:

 Bina Handa

Tel: 516.506.4229

bhanda@arbor.com