Monday, April 1, 2013

Lincoln Property Company Southeast Brokers Sale of Printpack’s 195,000-SFFormer Headquarters in Atlanta, GA



  
4335 Wendell Drive, Atlanta, GA
ATLANTA, GA (April 1, 2013) – Lincoln Property Company Southeast (Lincoln) has brokered the sale of Printpack’s 195,000-square-foot former headquarters at 4335 Wendell Drive in west Atlanta. Denton Shamburger, vice president of industrial leasing at Lincoln, represented Printpack in the transaction, the terms of which were not disclosed.

 Central Pipe & Supply purchased the two-story building and will relocate its Doraville, Ga., headquarters to the facility. Ed Riggins of Cresa Atlanta represented the buyer.

 Sitting on nearly 16 acres, the building features more than 140,000 square feet of warehouse space and approximately 55,000 square feet of office space. Printpack replaced the roof in 2011.

 Lincoln provides a variety of services for Printpack, which develops packaging for a wide range of products. Lincoln provides facilities management, lease administration and property transaction services for the firm.

Tony Bartlett
 “Printpack is a firm that we have a longstanding and comprehensive relationship with, and brokering the sale of its former headquarters to a high-quality buyer is just another way we’ve created tremendous value for the company,” said Tony Bartlett, senior vice president for Lincoln. “Denton did a great job finding the right buyer for this asset.”

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

Stephen Ursery
The Wilbert Group
404-965-5026


Florida’s Largest Privately-Held Residential Mortgage Company Appoints Two Veterans to Head Jacksonville Office



Matt Malloy
Lake Mary, FL -- Integrity Home Loan, Florida’s largest and most active residential mortgage provider, recently appointed two veteran mortgage specialists to its Northeast Florida Regional Office at 8130 Baymeadows Way in Jacksonville.

Matt Malloy, president of Integrity Home Loan of Central Florida, Inc., said he appointed Jim O’Neal and Keith C. Evans loan officers in Jacksonville.

O’Neal, appointed Senior Loan Originator for Northeast Florida, is a veteran loan officer with more than 25 years of experience. A lifelong Jacksonville-area resident, O’Neal graduated from Orange Park High School in 1988.

His mortgage experience includes positions with Jacksonville-based Vystar Credit Union and PHH Mortgage in Jacksonville, where he originated and processed loans for Charles Schwab and Merrill Lynch.

Evans, appointed Loan Originator in the Jacksonville office, has more than 15 years of experience as a lender. Evans founded EQ Financial, Inc., in Jacksonville in 1999 and grew the company to include five locations with 76 employees.

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

Matt Malloy, President, Integrity Home Loan of Central Florida, 407-688-8268 matt.malloy@inthomeloan.com NMLS #- 161433
Larry Vershel, Larry Vershel Communications, 407-644-4142, lvershelco@aol.com

Gvest to Build Apartments in Charlotte, NC Arts District; NoDa Development to Capture Spirit of Eclectic Community



The Yards at No Da rendering
Charlotte, NC
CHARLOTTE, NC -- Gvest Partners plans to build a brand new 340-unit apartment community in the heart of Charlotte N.C.’s historic arts district. Construction is expected to start soon on The Yards at NoDa, a $37 million development in the NoDa district – home to the city’s most unique galleries, restaurants, bars and performing spaces.

John Bell
“We’re designing it to blend in with the spirit of the neighborhood,” said John Bell, Managing Director of Gvest’s Multifamily Group. “Noda is such a wonderful, walkable area – we’re working hard to make sure The Yards reflects its personality and vitality.”

The new multifamily residences will be adjacent to the 36th Street stop on the planned extension of the LYNX Blue Line.

The new leg of the light rail system, set for completion in 2017, will provide easy access between Uptown, Downtown and the nearby University of North Carolina.

University of North Carolina campus
Charlotte, NC
The development will have studio, one, two and three bedroom apartments. Amenities will include a resort-style pool, fitness center with the latest equipment, business center, clubhouse, landscaped gardens and more. The pet-friendly community will also have a dog park.

Gvest is providing the equity investment for the new development. The firm acquired the land for the apartments in an all-cash purchase last year. Wells Fargo bank provided construction financing.

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

Terri Thornton

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