Sports Grill of Miami Buys First Location in Broward County, FL

Ron Osborne

FORT LAUDERDALE, FL - Colliers International South Florida is pleased to announce the purchase of 220 NW 180th Avenue in Pembroke Pines, FL by Sports Grill of Miami. 

The local, privately owned sports restaurant plans to open its first location in Broward County.

Ron Osborne, Vice President, represented the buyer in the purchase of the 5,834-square-foot retail building. The buyer selected this location due to its proximity to both a large residential population and commercial area.

Sports Grill of Miami will open this fall in time for the start of football season and will continue looking for new locations to help grow the chain throughout Florida over the next few years. Osborne will continue to look for prime locations to expand the chain in Broward County, as well as Gainesville and Tallahassee in the next year.

 The seller, Rickey's Restaurant, was represented by Berkshire Hathaway HomeServices Florida Realty.

To find out more about the restaurant chain visit: www.sportsgrillmiami.com

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

Sale of iconic Class A Dallas, TX office tower closed by HFF

Fountain Place, Dallas, TX

DALLAS, TX – HFF announced it has closed the sale of Fountain Place, a 1.2 million-square-foot, Class A office tower in Dallas, Texas. 

               HFF marketed the property on behalf of the seller, J.P. Morgan Asset Management, acting on behalf of institutional investors it advises.  Goddard Investment Group purchased the asset for an undisclosed amount free and clear of existing debt.

               Fountain Place is located at 1445 Ross Avenue close to Klyde Warren Park and the Dallas Arts District.  The 58-story tower was designed by architect I.M. Pei and features a dancing water garden called “The Fountain Plaza” at its base. 

  It is one of only three LEED Gold Certified Class A buildings in downtown Dallas and also includes an adjacent 1.5-acre development site that can be developed into above grade parking.  

Fountain Place is 88 percent leased to tenants including the Tenet Healthcare, Hunton & Williams and Wells Fargo Bank, N.A. 

According to HFF, Fountain Place is one of the most iconic buildings in the southwestern United States and the most recognizable building on the Dallas skyline. 

Dallas, TX skyline

J.P. Morgan Asset Management is a global asset management leader providing world-class investment solutions to clients. 

With $1.6 trillion in assets under management (as of March 31, 2014)  and offices in 35 countries around the world, J.P. Morgan Asset Management offers global coverage with a strong local market presence, and leadership positions in most asset classes.

Goddard Investment Group was founded in 2000 and is headquartered in Atlanta, with a regional office in Dallas. The company has acquired and managed approximately 12 million square feet of commercial property, and currently has investments in Atlanta, Dallas, Houston, Miami and Tampa. Goddard Value-Add Office Fund I, L.P. is a discretionary, commingled, institutional fund sponsored by Goddard Investment Group.  

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

Kristen M. Murphy

Associate Director

HFF | One Post Office Square, Suite 3500 | Boston, MA 02109

Main: 617-338-0990 | Direct: 617-848-1572 | Cell: 617-543-4873 | www.hfflp.com

krmurphy@hfflp.com