Wednesday, May 9, 2012

NAI Realvest Negotiates New Long-Term Lease at Boardwalk Plaza in University of Central Florida area for new Pizzeria


 ORLANDO, FL – NAI Realvest recently negotiated a new long-term lease agreement for 1,450 in the Boardwalk Plaza at 3100 Alafaya Trail in Oviedo. 

 NAI Realvest principals Matt Cichocki (top right photo) and Kevin O’Connor (lower left photo) negotiated the transaction representing both the landlord, Boardwalk Plaza LLC of Gardena, Calif. and the new tenant Palm Bay, Fla. based Paaram Enterprises. 

The tenant will open a Bizzaro Pizza providing take out and delivery services plus seating for 15.  The regional franchise currently operates 12 restaurants in Brevard County and this will its first location outside of Brevard.

For more information, contact:

Matt Cichocki and Kevin O’Connor, NAI Realvest 407-875-9989; mcichocki@realvest.com;
koconnor@realvest.com;
Patrick Mahoney, President, NAI Realvest, 407-875-9989 pmahoney@realvest.com
Beth Payan, Larry Vershel Communications, 407-644-4142 lvershelco@aol.com



Posted by Alex at 11:39 AM 0 comments
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Voit Helps Orange County, CA Flooring Company Move To Brea, CA With New 62,650 SF Industrial Lease




Orange County, CA, (May 9, 2012) – Mitch Zehner and Seth Davenport of Voit Real Estate Services’ Anaheim office have completed the new, 60-month, $1.6 million lease of a 62,650 square-foot industrial warehouse at 450 Delta Ave (top left photo). in Brea, Calif. on behalf of the lessor.

The free-standing building will be fully occupied by Kelly-Wright Hardwoods, Inc., which is relocating to Brea from East Anaheim, according to Mitch Zehner (middle right photo), Executive Vice President in Voit’s Anaheim office.

Zehner worked with Seth Davenport (lower left photo), a Senior Vice President with Voit, to represent Adler Investment Company as the lessor.  Based in Santa Monica, Adler Investment Co. is a private real estate investment firm.

“This transaction speaks to the quality of Adler Investment’s building, as well as the Voit team’s ability to identify and secure a strong tenant in a short amount of time," said Zehner. 

“The building was fully occupied when Voit took on the assignment, but the current tenant had recently acquired a new facility in Brea and was planning to move.  The Voit team drew upon our strong relationships here in Orange County to identify Kelly-Wright as the new tenant for the space, and we worked quickly to close the deal in order to ensure consistent cash flow for our client.”

The lessee, Kelly-Wright Hardwoods, Inc., has been a provider of plywood, lumber and mouldings since 1982.  Garrett McClelland and Zach Niles of 360 Commercial Partners represented Kelly-Wright Hardwoods, Inc. in the transaction.

Contact:

Jenn Quader/ Judith Brower
Brower, Miller & Cole
(949) 955-7940
Jquader@browermillercole.com


Posted by Alex at 11:27 AM 1 comments
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Marcus & Millichap Names Evan A. Fetters Assistant General Counsel in Minneapolis Office


 CALABASAS, CA – The board of directors of Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has named Evan A. Fetters (top right photo) assistant general counsel, according to John J. Kerin (lower left photo), president and chief executive officer. Fetters will be based in the firm’s Minneapolis office.

Most recently, Fetters served as a member of the litigation section for the national law firm Faegre Baker Daniels, with a practice focused on general civil and commercial real estate litigation. Fetter’s practice involved a wide range of clients including private parties, corporations and public entities involved in real estate, banking, securities, leasing, tax, mortgage and lien litigation.       

“Evan is a very capable counselor and trial attorney who brings immediate value to our investment professionals in the Midwest and on the East Coast,” explains Paul Mudrich, managing director and chief legal officer of Marcus & Millichap. “Evan will be an asset to our trial team and he will greatly enhance our service to our investment professionals nationwide.”

Fetters graduated magna cum laude from Washington and Lee University School of Law and Utah State University. 

 Contact:  Stacey Corso, Public Relations Manager, (925) 953-1716

Posted by Alex at 10:46 AM 0 comments
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HFF hires Kyle Prawdzik as director in its Pittsburgh office



 PITTSBURGH, PA – HFF announced Kyle Prawdzik (top right photo) has joined the firm as a director in its Pittsburgh office.  Mr. Prawdzik will specialize exclusively in investment sales with expertise in all product types.

Prior to joining HFF, Mr. Prawdzik worked for CBRE’s Investment Property Group in Pittsburgh where he participated in more than $2 billion of commercial property transactions.  He was recently recognized as one of the top ten investment sales brokers in Pittsburgh by CoStar Group.  Mr. Prawdzik holds a bachelor’s degree from Florida State University and is currently pursuing a Master of Business Administration from the University of Pittsburgh. 

Contacts:                                                  

MARK POPOVICH                                               
HFF Senior Managing Director                        
(412) 281-8714                                             
mpopovich@hfflp.com                                      

KRISTEN MURPHY
HFF Associate Director, Marketing
(713) 852-3500
krmurphy@hfflp.com

HFF hires Mark Katz as director in its Chicago office

CHICAGO, IL – HFF announced t Mark Katz has joined the firm as a director in its Chicago office.  Mr. Katz will work with senior managing directors Jeff Bramson (middle right photo) and Jaime Fink (lower left photo) on the investment sales team and will be responsible for office investment sales transactions in the Midwest, with a focus on suburban Chicago. 

Prior to joining HFF, Mr. Katz was a partner at Gemstone Real Estate Partners where he was involved in the acquisition and sale of more than 1.5 million square feet of property since co-founding the firm in 2007.

  Prior to that, he was with the Suburban Office Advisory Group at Colliers Bennett & Kahnweiler.  Mr. Katz also previously worked with Jones Lang LaSalle and began his career at CB Richard Ellis, where he was a member of one of the top suburban leasing teams in Chicago.

  
Contacts:                      

MATTHEW D. LAWTON                      
HFF Executive Managing Director   
(312) 528-3650                                     
mlawton@hfflp.com                           

MICHAEL A. KAVANAU                       
HFF Senior Managing Director        
(312) 528-3650                                     
mkavanau@hfflp.com                       


KRISTEN M. MURPHY
HFF Associate Director, Marketing
(713) 852-3500
krmurphy@hfflp.com

Posted by Alex at 10:38 AM 0 comments
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