HFF Wins Listings for Two Trophy Office Assets in Texas

One BriarLake Plaza (top right photo) is a Class A Tower in West Houston

HOUSTON, TX – The Houston office of HFF (Holliday Fenoglio Fowler, L.P.) has been named to market for sale One BriarLake Plaza, a trophy Class A office tower in west Houston.

HFF senior managing directors Jeff Hollinden, (middle right photo), Robert Williamson (middle left photo below Barbara Guffey photo)) and Glenn Whitmore, (bottom left photo), associate director Barbara Guffey (top left photo) and executive managing director Scott Galloway will lead the investment sales team on behalf of the seller, Crescent Real Estate Equities, LP. The property is being offered without a formal asking price.

Completed in 2000, One BriarLake Plaza is a 502,410-square-foot, 20-story tower and a connected 2,068-space structured parking garage. The 94.7% leased property is located on a 9.4-acre site along the West Sam Houston Parkway in Houston’s Westchase submarket.

“One BriarLake Plaza is widely recognized as one of the highest quality suburban buildings in the Houston marketplace,” said Hollinden. “Plus, the Westchase submarket is in high demand by tenants and investors due to its proximity to energy industry employers and the neighborhoods of their employees.”

“The property has outstanding visibility along the West Sam Houston Tollway and is in close proximity to almost every major artery in Houston,” added Williamson.

CONTACTS:

Laurie Fish McDowell, HFF Associate Director, Marketing, 617 338 0990, lmcdowell@hfflp.com

Robert E. Williamson, HFF Senior Managing Director, 713 852 3500, rwilliamson@hfflp.com

Jeffrey A. Hollinden, HFF Senior Managing Director, 713 852 3500, jhollinden@hfflp.com

Sale of Post Oak Central in Houston's Galleria Area to be Marketed by HFF

HOUSTON, TX – The Houston office of HFF (Holliday Fenoglio Fowler, L.P.) has been named to market for sale Post Oak Central, (photo at left) a 1.28 million-square-foot office and retail complex in Houston’s Galleria area.

The HFF investment sales team, led by senior managing directors Jeff Hollinden, Dan Miller (middle right photo) and Glenn Whitmore, (bottom left photo) associate director Barbara Guffey (top left photo) and executive managing director Scott Galloway, (bottom right photo) has been retained by the seller, Crescent Real Estate Equities, LP. The complex will be marketed without an asking price.

Post Oak Central consists of three Class A office and retail buildings that are 91.5% occupied by tenants including Apache Oil Company, Stewart Title and Suez.

“Post Oak Central is positioned for significant upside potential due to in-place rents that are well below market,” said Hollinden. “Three Post Oak Central has 80,600 square feet available, one of the largest contiguous blocks of space remaining in The Galleria submarket.”

“Situated on 17 acres, the complex enjoys a prime location along Post Oak Boulevard in the heart of The Galleria submarket, Houston’s most popular and amenity-rich office location,” said Miller.

“With more than 86,500 square feet of on-site retail amenities including fitness, salon, spa, dining, day care and banking, the complex competes favorably among Class A office buildings within this submarket.”

CONTACTS:

Laurie Fish McDowell, HFF Associate Director, Marketing, 617 338 0990, lmcdowell@hfflp.com

H. Dan Miller, HFF Senior Managing Director, 713 852 3500, dmiller@hfflp.com

Jeffrey A. Hollinden, HFF Senior Managing Director, 713 852 3500, jhollinden@hfflp.com

Marshall Management Signs Fifth Contract of 2008

Company To Manage Hampton Inn Little Rock (top right photo)


SALISBURY, MD and LITTLE ROCK, AR—Marshall Management, Inc., a leading mid-sized hotel management company, has signed a long-term contract to manage the Hampton Inn Little Rock in Arkansas.

The property marks the company’s fifth new contract for 2008 and its fourth in Arkansas, bringing the company’s total portfolio to 46 hotels in 10 states.

“This is our 8th Hampton Inn and we have three additional properties under construction, making us one of the largest independent managers of this legendary select-service brand,” said Michael Marshall, (middle left photo) president of Marshall Management, Inc.

“Our in-depth experience and expertise with mid-sized properties, and a proven ability to optimize a hotel’s performance, made us an ideal choice for this hotel. We were brought on specifically to help reestablish the hotel within its market and within the Hampton Inn system.

"As a mid-sized manager, we are better able to pay focused, individualized attention to our properties, an approach that clearly sets us apart within the industry.”

Located just off I-30 at 6100 Mitchell Drive, the 120-room Hampton Inn features a fitness room, outdoor pool and Hampton’s signature On the House hot breakfast® and On the Run breakfast bags™.

Each guest room features Cloud Nine, Hampton’s signature Bed Experience, and complimentary high-speed Internet access. The property also has 300 square feet of available meeting space for groups of up to 25 people.

Contacts: Rick Day, Senior Vice President – Sales and Marketing, Marshall Management, Inc., (410) 749-8464, rday@marshallhotels.com

Melanie Boyer, media, Daly Gray Public Relations, (703) 435-6293,
melanie@dalygray.com

CampusMBA Announces Level II of Commercial CMS Designation

CHICAGO, IL --CampusMBA, the award winning education division of the Mortgage Bankers Association (MBA), has launched Level II of its Commercial Certified Mortgage Servicer (CMS) designation during MBA's Commercial/Multifamily Servicing and Technology Conference in Chicago.

Level I of the designation, as well as the designation itself, was launched one year ago at the same conference.

"The Commercial CMS signifies the superior knowledge, experience and professionalism of industry professionals within the commercial servicing sector," said MBA's Chairman Kieran P. Quinn, (top right photo) CMB. "All commercial servicers should take advantage of the comprehensive CMS program that CampusMBA has to offer."

Courses for both Level I, the achievement certificate, and Level II, the professional certificate, are Web-based, consist of five courses and can be taken at the professional's own pace. Courses for the newly launched Level II consist of the following:

Asset Management in Commercial Real Estate andMultifamily Lending (Available 5/16)
Insurance Compliance for Commercial Real Estate andMultifamily Servicers (Available 6/30)
Navigating Commercial Loan Documents (Available 5/30)
Servicing Agreements: Understanding Critical Responsibilities for the Commercial Servicer (Available 7/31)
Servicing Operations in Commercial Real Estate andMultifamily Lending (Available 6/30)

"This progressive CMS curriculum is designed to provide the most specialized and comprehensive training available to professionals within the commercial servicing sector," said John Golden, (middle left photo) MBA's Senior Vice President of Education. "Since the designation's initial launch one year ago, we've received tremendous response from both individual professionals and commercial servicing companies focused on training staff with the help of CampusMBA, the industry's premier education solution."

For more information about the Commercial CMS program, or to enroll, call (800) 348-8653 or go to www.campusmba.org/commercialcms.

If your company is interested in providing the designation to commercial servicing staff on a corporate enterprise training level please call (202) 557-2826. If you are a member of the media, please contact Aleis Stokes at (202) 557-2741. astokes@mortgagebankers.org

Marcus & Millichap Names Mark Hellwig Senior Director of National Office and Industrial Properties Group in Chicago

The industry veteran has left CB Richard Ellis for Marcus & Millichap.

CHICAGO, IL-– Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has hired Mark Hellwig (top right photo) as a senior director of the firm’s National Office and Industrial Properties Group in Chicago, according to Greg A. Moyer, (middle left photo) group managing director of Marcus & Millichap, overseeing offices in the Midwest.

Prior to joining Marcus & Millichap, Hellwig served for seven years in the investment properties division at CB Richard Ellis, rising to the level of senior vice president. He was also an investment broker at Cushman & Wakefield. At both firms, he was focused primarily on the sale of office investment properties.

“Mark has an impressive 19-year track record of arranging commercial real estate transactions in suburban Chicago and across the Midwest,” says Moyer. “He brings a wealth of market knowledge to his new post, along with a list of private and institutional clients who have relied on his brokerage and advisory expertise for many years.

"Furthermore, his experience as an office investment specialist and advisor will only enhance Marcus & Millichap’s national marketing platform, which allows the firm to draw upon investment capital from across the United States.”

Hellwig has represented many influential clients, including Kennedy Associates, BIT/Legg Mason, Invesco, GMAC Commercial Mortgage, Principal Global Investors and MetLife Real Estate. During the past four years, he has arranged 42 office investment sales transactions totaling 12 million square feet, valued at $1.6 billion.

Hellwig earned a bachelor’s degree in finance from the University of Missouri, St. Louis. He also earned a law degree and an MBA in finance from the University of Missouri, Columbia.

Press Contact: Stacey Corso, Communications Department, (925) 953-1716

Marcus & Millichap Names Doug McCauley Regional Manager of Ontario, CA Office

ENCINO, CA– Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has named Doug McCauley (top right photo) regional manager of the Ontario office, according to Harvey E. Green, president and chief executive officer of Marcus & Millichap.

“Doug has extensive experience in commercial real estate as an agent and manager,” comments Harvey E. Green, (middle left photo) president and chief executive officer of Marcus & Millichap. “Doug’s management skills combined with his transaction experience as an investment specialist will make him a strong resource for our agents and clients throughout the Inland Empire.”

McCauley has been serving as the sales manager in Ontario since July of 2007. He joined the firm as an investment specialist in Ontario in June of 1992. As a multi-family specialist, he was named a director in the firm’s National Multi Housing Group in June 2003. McCauley was named a senior investment associate in 2002. He has received numerous sales awards from the company.

McCauley earned a bachelor’s degree in business administration from California Polytechnic University.

Press Contact: Stacey Corso, Communications Department, (925) 953-1716.