Edward R. James Companies Receives Unanimous Approval for Westgate at The Glen in Glenview, IL

  

CHICAGO, IL (March 21, 2014) – Glenview, Ill.-based Edward R. James Companies, a premier developer and homebuilder in Chicago’s northern suburbs and the Midwest, announced the firm received unanimous approval from the Village of Glenview’s Board of Directors for Westgate at The Glen, a 29-acre new-construction residential community in Glenview, Ill.

Westgate at The Glen will be built on the final parcel of land to be developed at The Glen, a 1,100-acre master-planned community on the site of the former Glenview Naval Air Station.

 “Edward R. James Companies is thrilled to be back building at The Glen, having been a part of the initial development with our Southgate community, and now working on what is the final piece of this award-winning master-planned community,” said Jerry S. James, president at Edward R. James Companies.

For more information on Westgate at The Glen, please contact Edward R. James Homes at (847) 724-0200 extensions 221 or 260.

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

Julie Liedtke, jliedtke@taylorjohnson.com, (312) 267-4521

Kim Manning, kmanning@taylorjohnson.com, (312) 267-4527

Charles Dunn Company Names Lou Zonta as Senior Director/Brokerage and Business Development

  

Lou Zonta

LOS ANGELES, CA, March 21, 2014 – Charles Dunn Company, one of the largest full-service regional real estate firms in the western United States, has named industry veteran, Lou Zonta, as senior director/brokerage and business development.

 In his new role, Zonta will specialize in active brokerage and related business development activities for the firm throughout the western region.

Zonta brings more than 30 years of experience in commercial real estate and business development to Charles Dunn with a breadth of expertise that encompasses commercial asset, leasing and brokerage management, as well as senior business development roles in commercial construction. 

He has handled hundreds of commercial real estate assignments for a variety of private and public sector clients including developers, owners and users of office, retail, mixed-use residential and commercial buildings, hospitality projects and high-tech facilities.

“I believe that Charles Dunn Company has the ability to handle its clients’ needs using a vertical marketing strategy for its full-service platform,” said Zonta. “This strategy helps create a brand that establishes the firm as an expert in multiple disciplines.”

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

Darcie Giacchetto

D.G. Communications, Inc.

949.278.6224

McCraney Property Co. Inks 200,000-SF Build-to-Suit Lease in its Bent Oak Industrial Park Project in Central Florida

Rendering of planned Bent Oak Industrial Park project in Central Florida

Steve McCraney

ORLANDO, FL and WEST PALM BEACH (March 21, 2014) – McCraney Property Company (MPC) has signed a 10-year lease for a 200,000-square-foot build-to-suit in its Bent Oak Industrial Park project.

The tenant, Bodek and Rhodes, a national apparel distributor headquartered in Philadelphia, will be relocating its current Orlando warehouse and expanding from 140,000 to 200,000 square feet. The deal is valued at $10,000,000.

“We are very encouraged by the demand for Class A warehouse-distribution product in Orlando,” said Steven E. McCraney, SIOR, CCIM, President and CEO of McCraney Property Company, which is currently developing almost one million square feet of spec industrial in Central Florida. 

“We are also encouraged with the activity from smaller and medium-size users in the 15,000 to 75,000 square foot range.”

James Marvel

 Bent Oak Industrial Park will consist of 700,000 square feet of Class A warehouse-distribution product and includes two state-of-the-art industrial buildings.

Building I will be a 225,000-square-foot, 32’ clear, front-load distribution facility. Building II will be a 475,000-square-foot, 32’ clear, cross-dock distribution facility. Bodek and Rhodes will occupy 200,000 square feet of Building II. 

Construction on both buildings is expected to commence within the next 45 days with occupancy in December of 2014. The site plan has been submitted to the county for approval.

 Bent Oak Industrial Park provides excellent access to major distribution thoroughfares in Central Florida and includes more than 1,200 feet of Florida Turnpike frontage. The prime, fully entitled 39-acre industrial site is adjacent to the Florida Turnpike and Taft-Vineland Road in metro Orlando.

  

MPC’s team, led by Steven McCraney, consisted of James Marvel, Senior Vice President and Chief Financial Officer, and Andrew Jacobson, Vice President of Legal Affairs. They handled all negotiations.

Andrew Jacobson

 The owner’s representatives from Colliers International Central Florida included Matthew Sullivan, Wilson McDowell and Bobby Isola. The Colliers team is the exclusive leasing agent for the project.

 The tenant representatives were Scott Williamson and Rick Schuhwerk of Jones Lang LaSalle. Rich Weisbrod, Vice President of Operations for Bodek and Rhodes, also worked on the deal.

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

Don Silver (donsil@boardroompr.com) or

Ashley Fierman (afierman@boardroompr.com)

Boardroom Communications,

954-370-8999/954-629-7523.