Naval Hospital at Camp Pendleton Earns Two AGC Alliant Build America Awards for construction and partneringNa

  

Naval Hospital at Marine Corps Base Camp Pendleton, Nevada

LAS VEGAS, NV -- The Naval Hospital at Marine Corps Base Camp Pendleton received two Alliant Build America awards from the Associated General Contractors of America, including Best New Building Project and the Marvin M. Black Excellence in Partnering award. 

A joint venture of Clark Construction Group - California, LP, and McCarthy Building Companies, Inc., delivered the design-build project six months ahead of schedule and more than $100 million below the Navy's original budget.  HDR Architecture and HKS, Inc., led the design team.

Situated on a 70-acre site near the south entrance to Marine Corps Base Camp Pendleton, the hospital provides emergency, primary, intensive, and specialty care. The facility has 96 outpatient procedure rooms, 205 exam rooms, ancillary departments, support spaces and 54 patient rooms accommodating up to 60 beds for non-ambulatory patients who require stays in excess of 24 hours.

In addition to leading the project's design and construction efforts, Clark/McCarthy took on responsibility for planning, procuring, and installing all medical equipment, furniture, and artwork, in addition to training hospital staff.

This was the first time the Naval Facilities Engineering Command (NAVFAC) Southwest had relied on this contracting method. 

  In collaboration with NAVFAC and Navy Medicine, Clark/McCarthy developed a medical equipment package to select more than 20,000 pieces of equipment and coordinate the building infrastructure.

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

             

Bonnie Kutch,

bkutch@kutchco.com   

McCarthy San Diego Media Representative

Kutch & Company    

Phone: (619) 299-1010

Eric Fulton,

eric.fulton@clarkconstruction.com

Corporate Communications                       

Clark Construction Group LLC

Phone: (301) 272-8437

Cousins Properties Announces Public Offering of 8.7 Million Shares of Common Stock

ATLANTA, GA -- Cousins Properties Incorporated (the "Company") (NYSE: CUZ) announced it has commenced an underwritten public offering of 8.7 million shares of its common stock.

The Company intends to use the net proceeds of the offering to redeem in full the Company's outstanding 7.50% Series B Cumulative Redeemable Preferred Stock.

 Any remaining proceeds will be used for general corporate purposes, including the acquisition and development of office properties, other opportunistic investments and the repayment of debt.

Wells Fargo Securities will serve as the underwriter of the offering.

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

Cousins Properties Incorporated

Marli Quesinberry, 404-407-1898

Director of Investor Relations and Corporate Communications

marliquesinberry@cousinsproperties.com

John Geisen Joins Colliers South Florida's West Palm Beach Office

  

John Geisen

WEST PALM BEACH, FL -- Colliers International South Florida is pleased to announce that John Geisen has joined the company as Executive Vice President based out of the Colliers International Palm Beach office at 224 Datura Street in West Palm Beach.

 Geisen is a past president of both the South Florida and Florida statewide chapters of the National Association of Industrial and Office Properties (NAIOP), and served on NAIOP's national board.

"John is a respected leader and deal maker," says Stephen Nostrand, CEO of Colliers International South Florida.

 "His depth of knowledge and the relationships that he has nurtured say so much about his reputation. When John and I worked together at Flagler, he was my mentor and now we have the incredible opportunity to have him as part of our growing Palm Beach, Martin and St. Lucie county business.

“We sincerely welcome one of the giants in our business." 

Previously, Geisen was president of the brokerage division of Flagler Development Group, responsible for the leasing and management of 23 million square feet of office, industrial and retail space throughout Florida.

Stephen Nostrand

Previously he was Senior Vice President/Senior Managing Director with CBRE. During his 20 years with that firm, he expanded their offices in Palm Beach, Broward, and Miami-Dade counties and was responsible for overseeing activities in the tri-county market.

"Colliers has all the right ingredients, from its national and international platform, as well as its entrepreneurial spirit; an international company with a strong local presence," says Geisen.

"I've watched as Colliers has grown from an excellent network to an international powerhouse. 

"While the firm's growth has been incredible, there are still tremendous opportunities in the northern South Florida markets that I look forward to capitalizing on."

A member of the Business Development Board of Palm Beach County, Geisen is also active with the Broward Alliance and the International Council of Shopping Centers (ICSC). He is a past president of the Executive Association of Palm Beach County.

  

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

Crystal Proenza

Vice President of Marketing and Culture

Colliers International South Florida

Commercial Real Estate Services

Tel: 305 476 7138

Email: crystal.proenza@colliers.com

www.colliers.com

Industry Leader Donna Abood Partners with the Town of Cutler Bay, FL to Market and Lease Cutler Bay Town Center

Cutler Bay Town Center, Cutler Bay, FL

Donna Abood

MIAMI, FL - Donna Abood, Founding Partner and Chairman of Colliers International South Florida, has been retained by the Town of Cutler Bay to market and lease the 75,000-square-foot Class B office building it owns at 10720 Caribbean Boulevard in Cutler Bay, Florida.

 During her 30-year career, Abood has represented well over 50 million square feet of office buildings on behalf of local and institutional ownerships and is one of the most highly trusted and recognized leaders in South Florida's commercial real estate industry.

 Ericka Witkowski and Teresa Jarp, Office Leasing Consultants at Colliers International South Florida, are working alongside Abood to bring quality tenants to the asset.

  

"The growth taking place in the Town of Cutler Bay is one of South Florida's greatest secrets," says Abood.

"Quality retail and housing developments are well underway, creating more of a need for quality office space to support the growing local marketplace.

“Additionally, based on recent changes in legislation, educational facilities are now permitted at this property.

Ericka Witkowski

“ As a result of this change and the location of the building directly on Florida's Turnpike, we are speaking with possible higher education facility users."

Available spaces at Cutler Bay Town Center range from approximately 600 square feet to more than 18,000 contiguous square feet.

  

Cutler Bay Town Center is currently undergoing renovations which include a recently installed new back-up emergency generator and new elevator cabs scheduled to be completed in the coming months.

In addition, tenants enjoy 24-hour security with the Town of Cutler Bay's Police Department located on-site, 24-hour air conditioning without incurring overtime HVAC fees, electric car charging outlets and an ample lit parking lot.

Cutler Bay Town Center is centrally located within walking distance to Southland Mall, South Miami-Dade Cultural Arts Center and within close proximity to various area amenities including hotels, banking and retail.

The Town's building and zoning, administrative and other departments are located on-site, making the location ideal for professional service industries and training/educational facilities.

Teresa Jarp

The building offers direct access to US 1, Florida's Turnpike Northbound and Southbound ramps and the South Miami-Dade Busway.

For more information, please contact Donna Abood, Ericka Witkowski and Teresa Jarp at 305-446-0011.

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

Crystal Proenza

Vice President of Marketing and Culture

Colliers International South Florida

Commercial Real Estate Services

Tel: 305 476 7138

Email: crystal.proenza@colliers.com

www.colliers.com

Castlewood Townhome Apartments Sale in Coral Springs, FL Arranged by Marcus & Millichap

Castlewood Townhome Apartments, 11550 NW 39th Street, Coral Springs, FL

Evan P. Kristol

CORAL SPRINGS, FL – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has announced the sale of Castlewood Townhome Apartments, a 24-unit apartment property located in Coral Springs, FL. The asset sold for $2,450,000.

Senior Vice President Investments Evan P. Kristol in Marcus & Millichap’s Ft. Lauderdale office, had the exclusive listing to market the property on behalf of the seller, a limited liability company from Washington, DC.  The buyer, a limited liability company from Coral Springs, FL was also secured and represented by Kristol.

“This was an opportunity for an investor to acquire a well-located multifamily asset with outstanding curb appeal, an oversized unit mix and excellent future potential.

“As the ‘for sale’ condominium market continues to recover, Castlewood will make an excellent candidate for conversion to condominiums due to its unique unit mix of all two- and three-bedroom floor plans,” says Kristol.

Castlewood Townhome Apartments is a garden-style apartment community that consists of 24 apartments in three two-story buildings surrounding a swimming pool and sundeck.

 More than 50 percent of the two and three bedroom/two bathroom apartments are townhome style and offer an extra half-bathroom. 

Additionally, one-half of all townhome units feature a private direct access garage and semi-private landscaped entry with front patio.

Castlewood Townhome Apartments is located at 11550 NW 39th Street in Coral Springs, FL.

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

Ryan Nee

Regional Manager, Ft. Lauderdale

(954) 245-3400

Marcus & Millichap Brokers $3.68 Million Sale of 60-unit Biscayne Gardens Apartments in Miami, FL

Biscayne Gardens Apartments, 15390 NE 6th Avenue, Miami, FL

Evan P. Kristol

MIAMI, FL – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has announced the sale of Biscayne Gardens Apartments, a 60-unit apartment property located in Miami, FL. The asset sold for $3,684,000.

Evan P. Kristol, a Senior Vice President Investments, and Felipe J. Echarte, a Vice President Investments, in Marcus & Millichap’s Ft. Lauderdale office, had the exclusive listing to market the property on behalf of the seller, a limited liability company from Boynton Beach, FL. 

The buyer, a private investor from Coral Gables, FL, was also secured and represented by Kristol and Echarte.

“This was an opportunity for an established, local investor to acquire a well-maintained building with an attractive unit mix at a favorable interest rate,” says Echarte.

“Through strong management, the buyer can increase cash flow with the potential for long term appreciation.

Felipe J. Echarte

“The North Miami/North Miami Beach submarkets have experienced a tremendous recovery over the last two years. The vacancy rates have improved from 15 percent to less than 5 percent today and rental rates continue to increase.”

The Biscayne Garden Apartments is a 60-unit apartment building located in Unincorporated Miami-Dade County between North Miami and North Miami Beach.

The property consists of 21 one-bedroom/one-bathroom units and 39 two-bedroom/ one and a half bathroom units. The building has undergone many recent capital improvements including renovations to some of the units, elevators and parking lot.

Biscayne Gardens Apartments is located at 15390 NE 6th Avenue in Miami, FL.

  

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

Ryan Nee

Regional Manager, Ft. Lauderdale

(954) 245-3400

Marcus & Millichap Arranges Sale of 11,113-SF CVS Pharmacy in Miami, FL for $4.15 Million

  

MIAMI, FL – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has announced the sale of an 11,113 square-foot CVS Pharmacy located on SW 8th Street in Miami, FL. The asset sold for $4,152,000.

Drew A. Kristol

Kirk D. Olson and Drew A. Kristol, Vice President Investments in Marcus & Millichap’s Miami office, had the exclusive listing to market the property on behalf of the seller, a limited liability company located in Coral Gables, FL.

 The buyer, a private investor from Miami, was secured and represented by Paul D. Nudelman, a Senior Associate in Marcus & Millichap’s Miami office. 

“This was a rare opportunity for an investor to purchase an absolute-net leased CVS Pharmacy backed by a corporate guaranteed lease in the very dense West Miami submarket.

“The store benefits from its location on the corner of busy SW 8th Street where it has operated for more than 25 years and has reported historically high sales,” says Kristol.

CVS Pharmacy is located at 6320 SW 8th Street in Miami, FL. 

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

Kirk A. Felici

First Vice President/Regional Manager, Miami

(786) 522-7000