NAIOP Names Emerson International’s University Research Park I Central Florida’s Educational Development of the Year

ORLANDO, FL--- The Central Florida Chapter of NAIOP, the leading national association of commercial development professionals, recently named Emerson International’s University Research Park I in east Orlando Central Florida’s Educational Development of the Year.

Eric Emerson (top right photo), vice president and general manager of Emerson International, accepted the award recently with Kenneth Koch (lower left photo), Emerson International’s commercial portfolio director

“My goal at Emerson International is to elevate the firm to the level of the premier leading commercial development groups in the region.  At this point, I believe we are well on our way,” Emerson said.

Emerson International is a wholly owned subsidiary of The Emerson Group, the global corporation that is one of the largest privately-owned property development companies.

For more information, contact

 Eric J. Emerson, Vice President and General Manager Emerson International, 407-834-9560; ejemerson@emerson-us.com;

 Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142 lvershelco@aol.com.

Newmark Knight Frank's Southeast Capital Group Named Exclusive Sales, Marketing Broker for Southpark Village Retail Center in Raleigh, NC Suburb

ATLANTA, GA--- The Southeast Capital Group at Newmark Knight Frank in Atlanta has been named exclusive sales and marketing agents for Southpark Village, located at 324 Village Walk Drive in the Raleigh suburb of Holly Springs, North Carolina.

The 82,662 square foot neighborhood retail center, built in 2008, is anchored by a Harris Teeter supermarket, the leading credit grocer in North Carolina and the 25th largest supermarket in the U.S. with sales of $4.1 billion in 2010. Currently, the center is 98 percent occupied.

Supermarket News magazine recently ranked Harris Teeter No. 34 in the 2010 “Top 75 North American Food Retailers” based on 2009 fiscal year sales of $2.92 billion.

Whitney Knoll (middle right photo), who heads the Southeast Capital Group at Newmark Knight Frank, said he along with Group members Fred Victor and Mark Hillis are undertaking the assignment.

Knoll said 3.5 acres of undeveloped land which fronts US-55 Bypass is available for sale along with the retail center. The undeveloped land is ideally situated for more retail development or for a medical office development to complement the future 50-bed Rex Hospital development directly across US-55 Bypass from SouthPark Village.

As a separate offering, 18.36 acres are available as prime multi-family development land located adjacent to SouthPark Village. The multi-family development will benefit from the new Hospital, job growth, population growth, and excellent public schools.

For more information about this press release,  contact:

C. Whitney Knoll, Principal/Managing Director of Southeast Capital Markets Group, Newmark Knight Frank, 201 17th Street, Suite 900, Atlanta, GA 30363; wknoll@newmarkkf.com; 404-926-1139

Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142 lvershelco@aol.com.

Jake S. Roberts Named Top Financing Professional by Marcus & Millichap Capital Corp.

NEWPORT BEACH, CA – Marcus & Millichap Capital Corporation (MMCC) has named its top financing professional of 2011, according to William E. Hughes (middle left photo), senior vice president and managing director of MMCC. Jake S. Roberts (top right photo), a vice president capital markets in the firm’s West Los Angeles office, has earned the distinction.

 “It gives me great pleasure to recognize Jake as the firm’s top financing professional of 2011,” says Hughes. “Jake has raised the bar and earned an outstanding reputation as one of the industry leaders in commercial real estate financing.”

 Roberts works on the origination and placement of senior debt, mezzanine financing, preferred equity financing and joint-venture equity financing for clients nationwide. His clients cover a broad spectrum of investors, including high net-worth individuals, boutique real estate firms and institutional real estate investors.

Roberts joined MMCC in April 2004 as a regional loan officer in the firm’s West Los Angeles office. He was promoted to senior director of MMCC in July 2007 and to vice president capital markets in 2010. While with MMCC, Roberts has earned five National Achievement Awards and eight sales recognition awards. Last year, he closed a total of 20 loans valued at more than $242 million.

 Prior to joining MMCC, Roberts was with Holliday Fenoglio Fowler LP (HFF), where he was involved in more than $500 million in real estate transactions. He was primarily responsible for the underwriting, marketing and the placement of debt and equity transactions throughout the country.

Roberts graduated from Texas A&M University with a bachelor’s degree in business administration with a focus on finance.          

 Press Contact:  Stacey Corso, Marcus & Millichap Capital Corporation

(925) 953-1716

Grubb & Ellis Selected to Lease and Sell 197,000 SF Office Property in Clearwater, FL

TAMPA, FL– Grubb & Ellis Company today announced that it has been selected as the leasing and sales agent for Centerpointe (top left photo), a 197,000-square-foot office property located at 16120 U.S. 19 North in Clearwater, Fla.

 Tom Kennedy (middle right photo), CCIM, vice president with Grubb & Ellis’ Office Group, will handle the marketing of the property.

The two-story, Class B property is strategically located on U.S. 19 in the heart of Pinellas County, providing easy access to both downtown Tampa and St. Petersburg as well as area airports.

 The property features 100,000-square-foot floor plates, fiber-optic capabilities and a 5.7 parking ratio, making it ideal for contact centers, shared services, business-process outsourcing, financial management, transaction processing or educational uses.

Amenities within walking distance of the building include restaurants, hotels and retail shopping. 

 Centerpointe is offering competitive lease rates of $10 per square foot, full service gross, and is being marketed for sale at a price of $6.5 million.

 For more information, please contact Tom Kennedy at 813.830.7892, tom.kennedy@grubb-ellis.com.

 Contacts:

       

 Monica Sparreo                     

312.698.6709             

monica.sparreo@grubb-ellis.com                  

 Karla Berkelhammer

407.481.5404

 karla.berkelhammer@grubb-ellis.com