Wednesday, May 23, 2012

HFF closes sale of The St. Anthony Hotel in San Antonio, TX

DALLAS, TX – HFF announced today that it has closed the sale of The St. Anthony Hotel (top left photo) a 352-room, historic hotel in San Antonio, Texas.

HFF marketed the property on behalf of the seller.  San Antonio-based BC Lynd purchased the property for an undisclosed amount.

The St. Anthony Hotel is located at 300 East Travis Street at the intersection of Navarro Street in downtown San Antonio. 

The 10-story property offers 22 meeting rooms totaling more than 33,000 square feet and amenities include a full-service restaurant, two bar/lounge areas, 24-hour fitness center, business center and outdoor heated pool. 

Built in 1909, the property is set to undergo a significant renovation and will be re-branded as a Starwood Luxury Collection property.

The HFF team representing the seller was led by senior managing director Bill Stadler (middle right photo) and managing director John Bourret (lower left photo).


BILL STADLER                             
 HFF Senior Managing Director      
 (949) 253-8800                                                  

JOHN BOURRET                          
HFF Managing Director                 
(214) 265-0880                                             

HFF Director, Marketing
(713) 852-3500

Three-Property Self-Storage Portfolio Trades in Central Florida

TAMPA, FL – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has brokered the sale of the Storage Center Inc. Portfolio, a three-property, 1,958-unit, 218,200-square foot self-storage portfolio located in Lakeland, Fla. and Auburndale, Fla. The terms of the sale were not disclosed.
Michael A. Mele (middle right photo), a first vice president investments and senior director of Marcus & Millichap’s National Self-Storage Group, represented the seller, a privately held firm located in Lakeland, Fla. The buyer was Extra Space Storage, a public real estate investment trust (REIT) based in Salt Lake City. 

“This is an exciting transaction for self-storage property owners and investors in Central Florida and a positive sign that REITs are once again interested in Florida,” says Mele. “The sale allowed the buyer to secure a substantial footprint in the Lakeland self-storage market with just one purchase.”

The properties’ locations are:

  • 1012 U.S. Highway 92 W. Auburndale, Fla. (top left photo)
  • 2190 Harden Boulevard, Lakeland, Fla.
  • 6445 S. Florida Avenue, Lakeland, Fla.
  Each property is situated on approximately18.8 acres and all are located within 12 miles of each other.

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

NAI Realvest Negotiates New Industrial Lease in Winter Springs, FL for AXEP Inc.

MAITLAND, FL. – NAI Realvest recently negotiated a new industrial lease for 3,150 square feet at 255-A Old Sanford Oviedo Rd. in Winter Springs.

 Michael Heidrich (top right photo), a principal in the firm, brokered the transaction representing the landlord, Winter Springs-based Facts Venture #255, LLC and the tenant, AXEP, Inc., a local general contractor.

For more information, contact:
Michael Heidrich, Principal, NAI Realvest 407-875-9989 Patrick Mahoney, President, NAI Realvest 407-875-9989
Beth Payan  Larry Vershel Communications 407-644-4142

Keraton at The Plaza Marks the First of Four New Luxury Collection Hotels & Resorts Opening in Asia Pacific in the Next Six Months

 JAKARTA, Indonesia  (May 23, 2012) – The Luxury Collection Hotels & Resorts, part of Starwood Hotels & Resorts Worldwide Inc. (NYSE: HOT), announced the opening of its 80th hotel with the debut of Keraton at The Plaza (top left photo), a Luxury Collection Hotel, the brand’s first hotel in Jakarta.

The hotel opening also marks the first of four new Luxury Collection Hotels & Resorts which will debut in Asia within the next six months, including The Royal Begonia in Sanya, China, Twelve at Hengshan in Shanghai, China and ITC Grand Chola in Chennai, India.

For a complete copy of the company’s news release and photos, please contact:

Hwee Peng Yeo
Director of Asian Markets
Glodow Nead Communications
Level 21, Centennial Tower
3 Temasek Avenue
Singapore 039190

Glodow Nead Communications • San Francisco • New York • Singapore
O: 65.9768.6087 or 1.415.394.6500 • E • FB: GlodowNead

Evolution Ventures Continues to Expand in the Retail Real Estate Market with their Recently Released iPad Application

 MIAMI, FL – Evolution Ventures (Evolution), a Miami Beach-based software development company, announced that Cole Real Estate ( and Urban Retail Properties ( were the latest shopping center landlords to select Retail Sage to be their iPad-based leasing tool for their retail leasing teams.

 Both of the companies will be launching their application at the International Council of Shopping Centers RECon convention in Las Vegas being held this week.  Cole will be leasing upwards of 125 properties with the Sage tool and Urban Retail will be using it for 40 properties nationwide.

 For a complete copy of the company’s news release, please contact:

Jessica Wade Pfeffer
Jessica Wade Inc.