Crossman & Company Senior Associates Close 15 Deals in 30 Days

Kim Fitzgerald

 BOCA RATON, FL – Senior Associates Kim and Johnny Fitzgerald of Crossman & Company signed 15 leases in 30 days totaling 29, 337 square feet and close to $3 million in value.

 The shopping centers listed below welcome their new tenants, such as Chico’s, Wing Stop, Kumon Learning Center and Fat Papas Chicago Style Restaurant.

• Plaza Del Mar in Manalapan, FL
• Grove Market Shopping Center in Loxahatchee, FL
• Ramblewood Square in Coral Springs, FL
• Old Palm City in Palm City, FL
• Parkland Town Center in Parkland, FL
• Dansk Plaza Shopping Center in Pompano, FL
• The Shoppes at Jupiter in Jupiter, FL
• Galt Ocean Marketplace in Ft. Lauderdale, FL
• Polo Grounds Mall in West Palm Beach, FL
• Hampton Square in Boca Raton, FL
• Shoppes and Offices at PGA West in Palm Beach Gardens, FL

Johnny Fitzgerald

Crossman & Company President, John Crossman, states, “Kim and Johnny Fitzgerald continue to dominate in the South Florida market. They are making the Crossman team very proud.”

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

Sydnie Cobb

 Crossman & Company

 scobb@crossmanco.com

 407.581.6261

The Easton Group Adds Office Investment/Brokerage Division

Andrew Easton

Doral, FL — The Easton Group, an established commercial real estate company based in Doral, has launched a new office investment and brokerage division.

 The company recently purchased two office buildings in Miami-Dade County and hired real estate associate Andrew Easton to lead the new group. 

“While industrial real estate has been our bread and butter business for more than 40 years, this is a strategic move to further diversify and evolve our company to become more vertically integrated,” said Jose Hernandez-Solaun, president of The Easton Group.

“We will continue to be major players in industrial, but we see a lot of new opportunity with office and we have made the financial and human capital commitments to launch this new service.”

Jose Hernandez-Solaun

The Easton Group recently purchased an office building in Doral and another one in the Blue Lagoon area.

“We love both of these areas, especially Doral which is going through a renaissance right now,” said Andrew Easton, who joined the company from Jones Lang LaSalle where he specialized in office tenant representation.

“For the moment, there are still some good values on rents, but as the area continues growing, we expect to see solid rent appreciation.”

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

Todd Templin

Boardroom Communications

ttemplin@boardroompr.com

954-370-8999/954-290-0810

Kiser Institutional Group Retained to Sell 5200 N. Sheridan Road Apartment Building in Chicago’s Edgewater Neighborhood

Sheridan-Edgewater Apartments, 5200 North Sheridan Road,
Edgewater Neighborhood, Chicago, IL

Susan Tjarksen

CHICAGO, IL – Kiser Institutional Group, Chicago’s leading commercial real estate brokerage firm specializing in institutional multifamily properties throughout the Midwest, announces a new listing – the 223-unit Sheridan-Edgewater Apartments located at 5200 N. Sheridan Road in Chicago’s Edgewater neighborhood.

Originally built in the 1920s to serve as a luxury hotel, 5200 N. Sheridan Road offers a mix of efficiencies, studios, one- and two-bedroom apartments.

The first floor contains approximately 25,000 square feet of retail which has been strategically vacated so that new ownership can re-use the space for parking, amenities, or new specialty commercial tenancy. The building is being marketed without a price.

“An investor can significantly increase his or her presence in a stable rental market by purchasing this one building,” said Susan Tjarksen, principal, managing broker of KIG.

“We are seeing increased interest in the Chicago neighborhoods by national institutional investors and Edgewater is certainly one of those neighborhoods.  This asset will fit perfectly into an institutional portfolio.”

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

 Mark Thomton, mthomton@taylorjohnson.com

 312-267-4523

Berger Commercial Realty Honors Steve Hyatt as 2014 Broker of the Year

  

Steve Hyatt

                                                                 FORT LAUDERDALE, FL  – Berger Commercial Realty, a regional, full-service commercial real estate firm, is pleased to announce that Senior Vice President Steve Hyatt has been named the firm's Broker of the Year for 2014.

Hyatt closed more than $21.4 million worth of transactions last year, totaling more than 219,228 square feet across a range of commercial real estate sectors including office, retail, industrial and multi-family.

Notable deals that Hyatt closed in 2014 include the $4.5 million sale of a highly sought-after South Beach retail property and the $2 million sale of a 24,000-square-foot office building in Fort Lauderdale for the AIDS Healthcare Foundation; 

the $3.65 million purchase of a Fort Lauderdale site that will house the sales department of a MINI Cooper car dealership for Holman Automotive Group; and the 47,000-square-foot lease of flex space at 1700 Eller Drive in Hollywood for Enterprise Rent-A-Car, which is utilizing the property for administrative offices, supplementary off-airport parking and as a maintenance facility.

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

Marielle Sologuren

Pierson Grant Public Relations

msologuren@piersongrant.com

954-776-1999, ext. 226 

Berger Commercial Realty Brokers Close Four Leases for More Than 12,000 Square Feet of Space in Broward County, FL

Roxanna Collins

FORT LAUDERDALE, FL -- Berger Commercial Realty, a full service commercial real estate firm based in Fort Lauderdale and serving clients around the state, closed four leases in Broward County totaling 12,134 square-feet of space.

Brokers Joseph Byrnes and Jonathan Thiel represented Atrium 93, LLC in leasing 2,052 square-feet of space to New Life Chiropractic Center, LLC and 2,182 square-feet of space to Soring, Inc. at the newly renovated Atrium West office building.

 Located at 7771 W. Oakland Park Blvd. in Sunrise, within minutes of Florida's Turnpike, the Sawgrass Expressway, and I-95, the property features a modern interior, lush exterior landscaping, and ample parking.

  

Joseph Byrnes

Byrnes also represented Lauderdale Marketplace Investments, LLC in leasing 1,900 square-feet of space, located at 3738 W. Oakland Park Blvd., to tenant Nakhle and Khanlian, LLC, represented by Thiel.

Additionally, Roxanna Collins represented Mancini and Sons Florida in renewing a lease to Gannett Fleming, Inc. for 6,000 square-feet of space at 1900 N.W. 40th Court in Pompano Beach.

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

Marielle Sologuren

Pierson Grant Public Relations

msologuren@piersongrant.com

954-776-1999, ext. 226 

Koreatown Apartment Building in Los Angeles, CA Sells for $3 Million

851 South Kenmore Avenue, Koreatown Neighborhood, Los Angeles, CA

Ronald Harris

LOS ANGELES, CA  – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced the sale of 851 South Kenmore Ave., a 33-unit apartment community located in Los Angeles’s Koreatown neighborhood.

The $3,025,000 sales price equates to $91,667 per unit.

            Ron Harris, executive vice president investments, Michael DiSimone, senior associate, and Paul Darrow, associate vice president investments, all in Marcus & Millichap’s Los Angeles office, represented the seller, a private investor, and the buyer, Winstar Properties.

“The property is a well-maintained building with distinctive 1930s-style architectural touches,” says Harris.

Michael DiSimone

“This multifamily investment real estate asset possesses a stable operating history and provides the new owner with potential upside in rental income,” adds DiSimone.

Built in 1939 on a 13,343-square-foot lot, the property is proximate to the Los Angeles Metro’s Wilshire/Vermont subway station and interstates 10 and 110 and U.S. Highway 101.

The apartment community consists of one two-story wood-frame building with 29 studio apartments, three one-bedroom/one-bath units and one two-bedroom/two-bath apartment. 

Unit interiors feature wood-laminate flooring, mirrored wardrobes and window-mounted air conditioning units.

Shared amenities include controlled-access entry, on-site laundry, five on-site parking spaces, and a central courtyard.

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

Gina Relva

 Public Relations Manager

(925) 953-1716

Six/Ten signs BBB Transport & Logistics to Suites on Central office lease in Winter Haven, FL

Angela Harwell

Winter Haven, FL — Six/Ten LLC has leased office space in its Suites on Central office center to BBB Transport & Logistics, which offers shipping solutions for businesses of all sizes. The company expanded its operations to an executive office space at 347 W. Central Ave.

“We are pleased to have BBB Transport & Logistics on board with us at Suites on Central,” said Angela Harwell, CCIM and broker for Open Door Commercial Real Estate LLC.

Suites on Central, 347 West Central Avenue
Winter Have, FL

“We continue to see steady demand for downtown office environments with amenities such as a shared conference room, security features, a downtown address and professional finishes,”

Harwell represented the landlord, Six/Ten, LLC in the transaction.

Based in Winter Haven, BBB Transport & Logistics out grew the company’s existing space which prompted the move downtown. Proximity and walkability to other restaurants, service providers and retailers in the area also led to the decision to lease space in Suites on Central.

For leasing information about the retail and office space opportunities, please contact Angela Harwell, CCIM and broker for Open Door Commercial Real Estate LLC at (863)528-6107 or aharwell@opendoorcre.com.

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

Michelle Friedman

BoardroomPR

407-973-8555

mfriedman@boardroompr.com