“Crank it Up” Party Ready to Generate Excitement and Support for 2012 Spin for Kids in Atlanta

ATLANTA, GA – Beer and bicycles. If that’s a duo that appeals to you, check out Crank It Up, a party on Tuesday, Aug. 7, at the SweetWater Brewery to generate excitement about the seventh annual Spin for Kids bicycling fundraiser for Camp Twin Lakes.

Hartman Simons, a commercial real estate law firm, is sponsoring Crank It Up and is spearheading an effort to sign up corporate cycling teams, particularly those from the commercial real estate sector, for Spin for Kids, which will be held the weekend of Oct. 20-21.

 For the past 20 years, Camp Twin Lakes, a nonprofit organization, has provided recreational, therapeutic and educational camp programs for children with serious illnesses, disabilities, and other life challenges.

The organization provides an 80 percent subsidy for every child who attends itscamps and works collaboratively with more than 50 nonprofit organizations toserve campers with a variety of diagnoses.

 Spin for Kids is an annual two-day event in Georgia that includes both a mountain-bike and a road-bike ride, a day camp for kids and a Family Fun Day celebration.

For a complete copy of the company’s news release, along with event  times and ticket information, please contact:

Stephen Ursery

Wilbert News Strategies

E-mail: sursery@wnspr.com

Office: (404) 965-5026

Cell: (404) 405-2354

www.wnspr.com

  

www.camptwinlakes.org

http://hartmansimons.typepad.com

Voit Real Estate Services Completes $3.8 Million Orange County, CA Acquistion for Global Emi Filter Manufacturer

Orange County, CA (Aug. 1, 2012) – Voit Real Estate Services’ Anaheim office has successfully directed the $3.8 million acquisition of a 34,972 square-foot industrial building (top left photo) in Yorba Linda, Calif. on behalf of the buyer, Radius Power.  

The buyer, a global designer and manufacturer of EMI filters currently based in Orange, Calif., plans to fully occupy the building as its new headquarters to accommodate its expanding manufacturing operations, according to Seth Davenport (middle right photo), a Senior Vice President in Voit’s Anaheim office.

Davenport worked with Mitch Zehner (lower left photo) of Voit’s Anaheim office to represent Radius Power as the buyer in the transaction.

“The challenge for buyers in the Orange County market is that mid-sized industrial inventory is in short supply.

“ We are advising buyers to evaluate their long-term needs, especially when considering square footage,” said Davenport. “In this transaction, we successfully identified a space that fit our client’s needs, while providing more square footage than the client was initially seeking, which will allow for future expansion.”

Davenport notes that Radius Power was initially hoping to expand its operations from 10,000 square feet to 25,000 square feet, and plans to utilize the additional space to accommodate its ongoing growth. 

The seller, Eastpark Drive, LLC, was represented by Zach Niles of 360 Commercial Partners.

The property is located at 22895 Eastpark Drive in Yorba Linda, Calif. 

Contact:

Jenn Quader/ Judith Brower

Brower, Miller & Cole

(949) 955-7940

JQuader@browermillercole.com

 

Contact:

Jenn Quader/ Judith Brower

Brower, Miller & Cole

(949) 955-7940

JQuader@browermillercole.com

New Office Leases Signed at 55 Miracle Mile in Coral Gables, FL

  

MIAMI, FL - Colliers International South Florida is pleased to announce success in negotiating new office leases at 55 Miracle Mile (top left photo), a mixed use building in Coral Gables, FL.

Colliers Chairman - Founding Partner, Donna Abood (middle right photo), and Office Leasing Consultant, Joe Abood (lower left photo), are the exclusive brokers representing landlord CF Miracle Mile LLC.

 

Over the first six months of leasing the property, Colliers has secured two long term office leases and additional LOIs for most of the available space. "We developed a new identity marketing plan that gave 55 Miracle Mile fresh market exposure," says Donna.

A 10-year new lease was signed by a hotel operator that has already moved into its 6,657-square-foot office space at the building.

 The tenant wanted to be in Coral Gables, and we were one of the only buildings that could satisfy their parking requirements, as the building has a 400 space commercial parking garage attached," says Joe. "They were also drawn to the office space's balconies, all of which overlook Miracle Mile," he adds.

A second lease for 1,428 square feet has been signed by maritime, travel and tourism law firm Maltzman & Partners, PA. "These professionals appreciate the class A professional environment of the office, along with the easy access to the character and charm of Miracle Mile," says Donna. 

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

  

Crystal Proenza

Vice President of Marketing

Colliers International South Florida

Commercial Real Estate Services

Tel: 305 476 7138

Email: crystal.proenza@colliers.com

www.colliers.com

Second Quarter Commercial/Multifamily Mortgage Originations Up 25 Percent from Q2 2011

 Washington, DC – Commercial/multifamily mortgage origination volumes during the second quarter of 2012 were up 25 percent from second quarter 2011 levels, and up 39 percent from the first quarter of 2012, according to the Mortgage Bankers Association’s (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations.

“Commercial and multifamily mortgage lending and borrowing continued to pick up in the second quarter,” said Jamie Woodwell (top right photo), MBA’s Vice President of Commercial Real Estate Research.

 “Low interest rates and continued stabilization and growth in the commercial real estate markets are helping support new loan originations, and every major investor group increased their lending over the quarter.”

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

Matt Robinson

(202) 557-2727

White Lodging and Host Hotels hold groundbreaking ceremony for new Hyatt Place Nashville Downtown

MERRILLVILLE, IN /PRNewswire/ -- White Lodging and Host Hotels & Resorts, Inc. celebrated the groundbreaking ceremony July 31 of the new 255-room Hyatt Place (top left rendering)  hotel in downtown Nashville, slated to open in late 2013.

The hotel will be owned by affiliates of Host Hotels & Resorts, Inc. and White Lodging and is the first new construction, select service venture for Host.

"The City leaders continue to do an outstanding job in positioning downtown Nashville for future success, and we are thrilled today to celebrate the groundbreaking of the Hyatt Place hotel," said Deno Yiankes, White Lodging president and CEO, investments and developments.

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

Kathleen Quilligan

Phone: 219.472.2861

Fax:219.472.2273

www.whitelodging.com.

TRYP by Wyndham Opens First Hotel in Panama

PARSIPPANY, NJ – Wyndham Hotel Group, the world’s largest hotel company with over 7,170 hotels and part of Wyndham Worldwide Corporation (NYSE: WYN), announced the debut of its select-service TRYP by Wyndham™ hotel brand in Panama with the opening of its first hotel in the country, the newly constructed 92-room TRYP by Wyndham Panama Centro (top left photo) located in the heart of Panama City.

 The city-center hotel expands TRYP by Wyndham’s existing portfolio in Latin America, with 14 hotels located in major markets throughout Costa Rica, Argentina, Brazil, Colombia and Uruguay.

It also adds to Wyndham Hotel Group’s growing presence in the region, which currently consists of over 90 properties and more than 10,300 rooms in 13 countries under the Wyndham® Hotels and Resorts, Ramada®, Days Inn®, Howard Johnson®, Wingate by Wyndham®, Microtel Inn & Suites® by Wyndham, and TRYP by Wyndham brands.

Additional information is available at www.wyndhamworldwide.com.

 For more information about hotel franchising opportunities visit www.whgdevelopment.com or www.desarrollo.grupowyndham.com.

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

Kathryn Zambito
Public Relations Manager
Wyndham Hotel Group
22 Sylvan Way
Parsippany, NJ 07054
+1 (973) 753-6590
kathryn.zambito@wyn.com

Marcus & Millichap Names John S. Sebree Vice President

CHICAGO, July 31, 2012 – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has elected John S. Sebree (top right photo) vice president, according to John J. Kerin (lower left photo), president and chief executive officer.

Sebree will continue in his role as the national director of the firm’s National Multi Housing Group (NMHG), a position he has held since November 2011.

“John’s knowledge of all aspects of multifamily analysis, underwriting and brokerage has been of great value to our multifamily investment clients and a great resource for the firm’s NMHG agents and clients,” says Kerin.

“In his new role as vice president, he will continue to lead and expand the industry’s most dynamic and effective national marketplace for the acquisition and disposition of multifamily assets.”

Prior to rejoining Marcus & Millichap in 2011, Sebree was a managing director with HFF. Before HFF, Sebree was a successful Marcus & Millichap investment specialist for 17 years. He developed a strong brokerage practice in Chicago and opened the firm’s Indianapolis office in 1996.

Sebree graduated from Indiana University with a major in business.

Contact:

Stacey Corso

Public Relations Manager

(925) 953-1716

Danny Abergel, Rick Padilla and Sharone Sabar Promoted to Vice President Capital Markets at Marcus & Millichap Capital Corp.

 LOS ANGELES, CA – The board of directors of Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has named Danny Abergel (lower right photo), Rick Padilla (top right  photo) and Sharone Sabar (middle left photo) vice presidents capital markets.

The achievement of vice president capital markets is one of the highest levels of recognition the firm awards its finance professionals.

 It represents an unwavering commitment to providing clients with superior commercial real estate financing services, according to William E. Hughes, senior vice president and managing director of Marcus & Millichap Capital Corporation (MMCC).

 

Most recently, Abergel and Sabar both held the position of director in MMCC’s Encino office. Padilla previously served as senior director in the firm’s Long Beach office.

Abergel and Sabar began their careers with MMCC in 2006. Padilla began his career with MMCC in 2009.

Marcus & Millichap Capital Corporation is a subsidiary of Marcus & Millichap Real Estate Investment Services, the nation’s largest brokerage firm focused exclusively on real estate investment services. Through its network of national and regional lenders, MMCC provides capital markets products for a wide variety of

Contact:

Stacey Corso

Public Relations Manager

(925) 953-1716

Cousins Properties Reports Results for Second Quarter of 2012

 ATLANTA, GA -- Cousins Properties Incorporated (NYSE:CUZ) today reported its results of operations for the quarter ended June 30, 2012

• ·Funds From Operations was $0.13 per share.
• ·Same property net operating income increased 4.6% from the first six months of 2011.
• Sold three properties generating $68.8 million in net proceeds to the Company.

“It was another solid quarter, with the disposition of three non-core assets and positive leasing progress for the operating portfolio,” said Larry Gellerstedt (top right photo), CEO of Cousins. “Consistent with our strategy, we’ll continue to simplify the platform and focus on recycling capital into attractive, targeted investment opportunities.”

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

Cousins Properties Incorporated

Gregg D. Adzema, 404-407-1116

Executive Vice President and Chief Financial Officer

greggadzema@cousinsproperties.com

or

Cameron Golden, 404-407-1984

Vice President, Investor Relations and Corporate Communications

camerongolden@cousinsproperties.com