Poland-based Spyrosoft – a software development and implementation enterprise – selects Pittsburgh, PA for its U.S. headquarters

Piotr Anioła

 PITTSBURGH, PA – Spyrosoft, a global leader in software engineering and implementation, is advancing its international growth with the establishment of a U.S. headquarters in greater downtown Pittsburgh at North Shore Place II.

Based in Wrocław, Poland, Spyrosoft is a provider of robotics solutions computer vision, robot mobility, communication, operation, intelligence and human-robot interactions. The company has a diverse customer base that encompasses Fortune 500 companies including Pittsburgh-based PPG Industries.

Recognizing Pittsburgh’s leadership in robotics and autonomy, Spyrosoft chose Pittsburgh to be close to the local robotics companies that are shaping the market and expanding one of the world’s top autonomy ecosystems – one that is supported by the Pittsburgh Robotics Network, of which Spyrosoft has become a Silver Member.

"Pittsburgh is truly a city of innovation, and Spyrosoft is proud to add our U.S. headquarters to this ecosystem," said Piotr Anioła, Co-Founder and CEO, Spyrosoft Synergy S.A.

  "We believe that Pittsburgh is the best location to share our extensive robotics expertise. We look forward to collaborating with the tech and robotics community, including local companies, to drive robotics innovation and develop groundbreaking projects.

"We are sure that this synergy will enable us to achieve great things together.”

Founded in 2016, Spyrosoft brings to the worldwide robotics and autonomy industry expertise that spans professional service robotics, automotive software engineering, Internet of Things development and product enhancement with AI capabilities. It serves a variety of industry verticals including inspection, construction, mining, automotive, healthcare and agriculture. 

Spyrosoft operates on a global scale – employing more than 1,500 people in facilities in eight countries across four continents.  It has been recognized as one of the “fastest growing technology companies in Europe” by the Financial Times for three consecutive years since 2021.

“Our expertise is in delivering holistic robotics solutions," remarked Marieta Węglicka, Co-Founder and CTO, Spyrosoft Synergy S.A.

 "We know that demands combining various technological areas to achieve the desired business value. When we come together with our robotics and technology partners, we are shaping the future of this industry."

Marieta Węglicka

“We are thrilled to welcome Spyrosoft to Pittsburgh," said Matt Smith. He is Chief Growth Officer at the Allegheny Conference on Community Development and its economic development affiliate, the Pittsburgh Regional Alliance, which markets the Pittsburgh region for new business investment and the growth of existing businesses, as well as talent attraction and retention

 "This investment underscores a culture – here in the region and across the Commonwealth of Pennsylvania – that affirms we are open for business, domestic and international.” 

Smith added, “Spyrosoft’s presence adds to a growing number of foreign-owned firms – currently more than 400 – that have chosen to invest in the Pittsburgh region. 

Matt Smith

"With nonstop transatlantic air service, a competitive cost of doing business, innovation-driven industry clusters and supportive ecosystems, and a distinctive quality of place, Pittsburgh provides the ideal soft landing. 

"We’re a mid-sized U.S. market that’s right-sized and accessible for global companies seeking a North American outpost.”

Jenn Apicella, Interim Executive Director of the Pittsburgh Robotics Network, said "Pittsburgh's leadership in robotics and autonomy continues to attract global organizations such as Spyrosoft.

"By choosing Pittsburgh for its U.S. headquarters, Spyrosoft gains access to an extensive network of more than 140 robotics industry organizations along with talent and suppliers.

"The company’s presence here will accelerate the development of autonomy technology and contribute to the growth of our world-leading industry cluster."

Jennifer (Jenn) Apicella

 "Spyrosoft's decision to establish its U.S. headquarters in Pittsburgh is a testament to our reputation as a hub of innovation and connection.

"Our collaborative robotics community creates an environment where companies like Spyrosoft can thrive.

 "We welcome Spyrosoft to our vibrant ecosystem and look forward to supporting their growth in our region."

CONTACT:

Alexa Cangialosi

Violet PR

845.825.1271

 

 

EverWest Sells Junction 23 Creative Redevelopment in Denver’s RiNo District to Ivy Realty

 

Larry Lance

DENVER, CO – Leading real estate investment advisor EverWest Real Estate Investors (“EverWest”) has completed the 26.35 million sale of Junction 23, a creative redevelopment completed by the company in the heart of Denver’s River North (RiNo) District. 

The buyer is Connecticut-based Ivy Realty.

Junction 23 is located at 2323 Delgany St., at the corner of Park Avenue and Delgany Street, and within walking distance to Denver’s central business district, Lower Downtown (LoDo) neighborhood, Union Station and dozens of restaurants and retailers. The building is 100% leased to a single tenant for 15 years.

Junction 23, a creative redevelopment
 completed by EverWest inDenver’s
 River North (RiNo) District.

The project represents a 12-month renovation by EverWest that in 2019 converted a 1975-built industrial building into 86,127 square feet of award-winning creative workspace.

 “Junction 23 underscores EverWest’s skill in acquiring, repositioning and leasing highly desirable projects that reflect the latest in modern workspace requirements,” said Larry Lance, EverWest Senior Managing Director, Head of Development.

 “It has been a pleasure to be a part of the creation of Junction 23, which offers such a dynamic downtown location and work environment for its long-term, full-building tenant.”

Junction 23 features an open interior, indoor-outdoor concept with a 73,915-square-foot ground floor and 12,212-square-foot second floor.

The project incorporates numerous flexible work areas including modern conference rooms, small group breakout spaces and roll-up garage doors that connect to a center atrium and outdoor meeting areas. It features 16-foot windows, 25-foot exposed ceilings, more than two dozen skylights and energy-efficient LED lighting. 

Additional on-site amenities include a fitness center with showers and locker rooms, and bike storage.

John Jugl of Newmark represented EverWest in the sale. The buyer was not represented.

Denver International Airport

The property is a short drive to I-25 and Denver International Airport. It is part of an emerging infill live-work-play environment spanning the downtown, RiNo and LoDo communities.

 EverWest currently has $5.2 billion in assets under management, invested through separately managed accounts and commingled funds. 

It provides investment management services including acquisitions, asset management, development and property management for assets throughout the U.S.

CONTACT:

Stacey Hershauer

focusAZ 

P 480.600.0195

www.focusaz.com

 

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JLL Capital Markets arranges joint venture equity for the 200-unit Axis @ Davis housing development in Davis, CA

 

 Teddy Leatherman

SAN FRANCISCO, CA – JLL Capital Markets has arranged joint venture equity on behalf of sponsor Anton DevCo for Axis @ Davis, a 200-unit housing development located near the University of California, Davis. Financial details were not disclosed.

 

Axis @ Davis, a 200-unit housing
development located near
the University of California
 Davis, CA

Axis @ Davis will provide needed housing in a supply-constrained Davis submarket.  The project supports Anton DevCo’s goal of providing high-quality housing within California.

Matt Kroger

The JLL Capital Markets Advisory Team was led by Senior Managing Directors Matt Kroger, Brandon Geraldo and Ryan Wagner and Directors Matt Benson and Kellan Liem.

 

“We continue to see investor interest for student development at Tier-1 Universities with Top-Tier sponsors. We loved working with the Anton DevCo team on this assignment and are excited to see the final product!” said Managing Director Teddy Leatherman, who co-leads the national student housing platform for JLL Capital Markets.

 Brandon Geraldo 

Located at 2555 Research Park Drive, Axis @ Davis will be located one mile from UC Davis’ campus, which can be accessed via a 20-minute walk, a nine-minute bike ride or through the Unitrans bus route with multiple stops directly across from the project.

 

 Residents will be within walking distance of everyday essentials, including Safeway, Rite Aid and Starbucks, and will have easy access to restaurants, coffee shops, boutique shopping and a farmer’s market clustered around the 32-block Downtown Davis shopping district.

Ryan Wagner

Axis @ Davis is designed as five three and four-story buildings with a mix of one-, two- and three-bedroom units; garage, tandem and surface parking totaling ±1.7 spaces/unit; 499 bicycle parking spaces; and ±1,500 square feet of ground floor retail.

 

Units will feature stainless steel appliances, quartz countertops smart thermostats, full-height tile backsplashes and central heat and air conditioning, while community amenities will include a top-floor lounge and resort-style swimming pool and spa, a pet park, a 24-hour mail locker/package room, a game room, an arcade and study rooms with a coffee bar and private offices.

Matt Benson

The project is designed as a 100% electric project with rooftop solar and EV charging spaces and will be a non-smoking community.

 

Construction is expected to commence in summer 2023 with a planned delivery ahead of the Fall 2025 school year.

 

 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 sales and advisory, debt advisory, equity advisory or a recapitalization. 

Kellan Liem

The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.

 

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

 

 About Anton DevCo.

 

Since 1995, Anton has been a leading vertically integrated real estate group. With divisions in place to acquire, develop, build, and manage multifamily housing, Anton has become one of the West Coast’s leading experts on market rate and affordable rental housing.

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

 CONTACT:

 Jenna Sharp

JLL, Public Relations

Dallas, Texas

M +1 214 394 3356

Jenna.Sharp@jll.com    

 

JLL Capital Markets arranges $39 million sale of the 123,917-square-foot, Publix-anchored Bluffs Square Shoppes in Jupiter, FL

 

Kim Flores

MIAMI, FL – JLL Capital Markets has closed the $39.05 million sale of Bluffs Square Shoppes, a 123,917-square-foot, Publix-anchored shopping center located in Jupiter, Palm Beach County, Florida.

Bluffs Square Shoppes, Jupiter, FL

Danny Finkle

JLL represented the seller, Sterling Organization, and BPS Partners FL LLC acquired the asset. Sterling originally acquired this asset utilizing one of its fully discretionary investment funds in October 2019 for $25.78 million.

The JLL Retail Capital Markets team that represented the seller was led by Senior Managing Director and co-lead of JLL’s Retail Capital Markets Group Danny Finkle, Senior Directors Jorge Portela and Eric Williams and Vice President Kim Flores.

 Jorge Portela

 “Grocery-anchored and necessity retail centers continue to be in high demand from the full spectrum of investors,” said Finkle.  “The lack of new development and tenant expansion demand are placing notable upward pressure on rental rates and property values.”

Built in 1986, Bluffs Square Shoppes is currently 98% leased to a high-quality tenant roster led by Publix and Walgreens.

Additional national and local tenants include Uncle Eddie’s, Anthony’s Women Apparel, Goodwill, UPS, Toojay’s Deli and Café Sole.

The property receives over one million annual visits, and its tenants feature a weighted average tenure of nearly 22 years.

Eric Williams 

Situated at 4050 US Highway 1, the property sits on a prime 14.53-acre infill site in a high-barrier-to-entry coastal location.

 The center enjoys high visibility location along the trade area’s primary thoroughfare, U.S. Highway 1, and is immediately across from Juno Beach Park, a major access point for the area’s beaches and Juno Beach Pier.

The property serves a captive and affluent customer base home to 108,175 residents within five miles with an average household income of $147,677.

 “Bluffs Square Shoppes offered the rare opportunity to acquire a Publix-anchored shopping center in a core Palm Beach County submarket with a stable cash flow coupled with redevelopment potential.  The asset was an ideal fit for BPS,” Portela said.

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

 CONTACT:

 Jenna Sharp

JLL, Public Relations

Dallas, Texas

M +1 214 394 3356

Jenna.Sharp@jll.com    

Lee & Associates of Illinois Negotiates $2.7 Million Sale of 21,627-SF Truck Maintenance Facility in South Elgin, IL

SOLD: 21,627-SF truck maintenance facility
 1790 Gilpen Avenue, South Elgin, IL

 Rosemont, IL. — Lee & Associates, one of the largest national commercial real estate providers, negotiated the $2.7M sale of 21,627-SF truck maintenance facility located at 1790 Gilpen Avenue, South Elgin. The transaction closed on June 21, 2023.

Kenneth Franzese

 Lee & Associates represented both the buyer and the seller. Kenneth Franzese and John Cassidy, Principals, represented the seller, Rock Investment Group, LLC. John M. Joyce, Senior Associate, represented the buyer, Nomad Investment Group, LLC.

 

The building, featuring 20 drive-in doors and 1,904 square feet of office space, is an active terminal being used by the buyer.

John Cassidy

“The transportation industry remains active in Chicago’s Northwest suburbs with Industrial Outside Storage (IOS) facilities in high demand,” said Cassidy. 

“The Gilpen property has the added benefit of well-located, most notably with immediate access to I-90.”

 

CONTACT:

David Ebeling

Ebeling Communications

949.861.8351

949.278.7851 (Cell)

david@ebelingcomm.com

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