Thursday, June 11, 2015

$18 Million Office Building Sale in Palm Beach Gardens, FL Brokered and Financed by Marcus & Millichap



TBC Corp.-Leased Building, Palm Beach Gardens, FL

Britt Raymond
PALM BEACH GARDENS, FL, June 11, 2015 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced the sale of a three-story office building in Palm Beach Gardens, Fla. triple-net leased by the TBC Corp.

The building serves as TBC’s corporate headquarters. The $18 million sales price equates to $405 per square foot. 

Marcus & Millichap Capital Corp. (MMCC) arranged $9.2 million in financing for the purchase.

Preet Sabharwal and Britt Raymond in Marcus & Millichap’s Manhattan office represented the seller.

Marco Lala and Steven Siegel, also in the firm’s Manhattan office, procured the buyer. 

Christopher Marks in MMCC’s Manhattan office arranged the debt placement, which was structured with a 10-year fixed term at 4.15 percent on a 25-year amortization schedule at 51 percent loan-to-value. The loan was nonrecourse with no prepayment penalty in event of a sale.

Preet Sabhaarwal
“The lease carries a corporate guarantee from TBC Corp., the wholly owned and largest subsidiary of Sumitomo Corp., one of Japan’s largest conglomerates,” says Raymond.

The building is located off Interstate 95 on PGA Boulevard in Palm Beach Gardens. The area is home to more than million square feet of office and headquarters space and tenants such as Merrill Lynch, Walgreens, Fidelity Investments, Huntington National Bank, and Allstate Corp. 

Neighboring retail tenants include Chanel, MAC, AT&T, Whole Foods, State Farm, Marriott International Inc., Petco, Toys R Us, and Best Buy.       

The 44,415-square-foot building was built in 2007 and renovated to become TBC Corp.’s headquarters in 2009.

Kirk Felici, first vice president and district manager in Marcus & Millichap’s Miami office is the firm’s Florida broker of record.

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

Gina Relva
Public Relations Manager

(925) 953-1716

$12 Million Net-Leased Nassau County Bank of America Sold by Marcus & Millichap


Bank of Aamerica Branch Office, Syosset, NY

SYOSSET, NY, June 11, 2015 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, has arranged the sale of a 4,467-square-foot, single-tenant, net-leased Bank of America branch near Long Island’s North Shore in Syosset, N.Y.

Scott Plasky
 The $12 million sales price equates to $2,686 per square foot.

            Scott Plasky in Marcus & Millichap’s Manhattan office represented the seller, a private investor.

“Net-leased assets of this quality in the affluent parts of Nassau County rarely trade hands,” says Plasky. 

“The offering’s combination of zero management, great location, ‘A’-rated-tenant, lease with 16 years remaining, and bank with huge deposits generated strong activity and a premium price.”

            The property is located on the corner of Jericho Turnpike and Oyster Bay Road at 378 Jericho Turnpike in Syosset. Both Jericho Turnpike and Oyster Bay Road are five-lane roads. 

The property shares cross easements with the Syosset Center, a high-end neighborhood shopping center anchored by Verizon and an urgent care facility. Nearby retailers include Starbucks, Dunkin Donuts, King Kullen, Chase Bank, Panera Bread, Chipotle, Marshalls, HomeGoods and Petco.

The building is on a 28,433-square-foot corner lot with a double drive-thru and parking for 48 cars.

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

Gina Relva
Public Relations Manager

(925) 953-1716

$21.05 Million New Haven County Multifamily Sale Arranged by IPA


Stony Brook Village Apartments, 140 Mill Street, East New Haven, CT


Victor Nolletti
EAST HAVEN, CT, June 11, 2015 – Institutional Property Advisors (IPA), a division of Marcus & Millichap specializing in serving institutional and major private real estate investors, is pleased to announce the sale of Stony Brook Village, a 165-unit luxury apartment community in suburban East Haven, Conn.

 The $21.05 million sales price equates to $127,500 per unit.


            IPA executive directors Steve Witten and Victor Nolletti, and Marcus & Millichap associate Wes Klockner were the sole brokers in the transaction. The seller is HP Stony Brook LLC and the buyer is Par Stony Brook LLC.

            “Stony Brook Village is a transit-oriented multifamily asset in a suburban location that offers the new owner a value-add opportunity through the implementation of a modest renovation program,” says Witten.

            “Situated in a quiet, wooded, country setting at 140 Mill St. in East Haven, the property is on a Connecticut Transit bus line, two miles from interstates 91 and 95, and five miles from the New Haven Metro-North Railroad station and Tweed New Haven Regional Airport,” adds Nolletti.



Steve Witten
There are eight colleges and universities within 20 minutes of the community, including Yale University, Southern Connecticut State University, Gateway Community College and Quinnipiac University. 

The property borders the Foxon Road retail corridor, which includes a recently opened ShopRite supermarket that is within walking distance.

            Apartment Homes at Stony Brook Village average 980 square feet and 70 percent have two bathrooms. 

The open floor plans feature ‘euro-style’ kitchens, separate dining areas with natural light, wall-to-wall carpeting, full-size washer and dryer connections, private balcony area or patio, six-panel doors and large walk-in closets with organizers.

Community amenities include a fitness center and swimming pool with sundeck area; a resident clubhouse with community room, business area, and library; a leasing center with private offices, and a designated dog walk and exercise area.

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

Gina Relva
 Public Relations Manager
(925) 953-1716

IPA Arranges Sale of Tacara at Westover Hills in San Antonio, TX


Tacara at Westover Hills apartments, San Antonio, TX

Will Balthrope
SAN ANTONIO, TX, June 11, 2015 – Institutional Property Advisors (IPA), a division of Marcus & Millichap specializing in serving institutional and major private real estate investors, is pleased to announce the sale of Tacara at Westover Hills, a 312-unit apartment community in San Antonio. The terms of the sale were not released.

            IPA executive director Will Balthrope, IPA director Drew Kile and Marcus & Millichap associate Rowan Burch advised the seller, and procured the buyer, Fort Worth-based Olympus Property.

            “The property is a recently constructed, top-of-the-market multifamily asset located in Westover Hills, which is one of the nation’s premier master-planned developments and one of the fastest-growing submarkets in San Antonio,” says Balthrope.

            Constructed in 2014 on 13.4 acres, the community is located at 8543 State Highway 151 in San Antonio, less than one-half mile from the intersection of State Highway 151 and Loop 410. Westover Marketplace, a 600,000-square-foot shopping center, is within walking distance.

Nearby employment centers include the JPMorgan Chase operations center, the Microsoft San Antonio data center, QVC, Maxim Integrated, Northwest Vista College, SeaWorld, Petco, and the Texas Cryptology Center. The area is also home to the newly opened, 150-bed Christus Santa Rosa Hospital.

Drew Kile
            Tacara at Westover Hills’s apartment homes feature keyless home entry, stainless steel-finished GE appliances, granite countertops and under-mounted sinks in the kitchens and bathrooms, garden-style tubs and oversized patios and balconies.

Community amenities include limited-access entry gates, a 24-hour-access fitness center, a resort-style pool with sundeck, a gourmet-style “iron chef” presentation kitchen, outdoor lounge areas with fire pits and fireplaces, spa-style tanning booths, a dog park and an electric car charging station.

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

Gina Relva
 Public Relations Manager

(925) 953-1716

Stepp Commercial Completes $2,525,000 Sale of Apartment/Retail Property in Long Beach, CA


Orange & 10th Street Apartments, 1003 Orange Avenue, Long Beach, CA


Robert Stepp
LONG BEACH, CA, June 11, 2015 – Stepp Commercial, the leading multifamily brokerage firm in the Long Beach market, has completed the $2,525,000 sale of a 15,714-square-foot mixed-use property located at 1003 Orange Ave. adjacent to Downtown Long Beach.

 The property includes 18 apartment units on the second and third floors, six fully occupied retail spaces on the ground floor, and an adjacent 21-space parking lot.

Robert Stepp, principal with Stepp Commercial, represented the seller, Orange & 10th LLC. The buyer, Lunar Bear III LLC was represented by Matt Pernice of NR Real Estate Brokers. The property closed at a 6.74 percent cap rate and $161 per-square-foot.

Built in the early 1930s, 1003 Orange Ave. includes 10 studio units and eight one-bedroom units, and the retail portion includes five tenants and one vacant space.

“This asset offered solid in-place cash flow and sold to a buyer/broker who has had a good experience purchasing several properties from Stepp Commercial in the past,” said Stepp. 

“The buyer has plans for a possible billboard on the roof top of the property to take advantage of the signalized corner lot exposure and could potentially add value in the future by developing the parking lot.”

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

Darcie Giacchetto
949.278.6224

Chicago’s Morningside Group Wins 2015 Project Vision Award from Urban Land Institute

               
David Strosberg
CHICAGO, IL, June 11, 2015 – Chicago-based Morningside Equities Group, Inc. was the recipient of a Project Vision Award from the Chicago Urban Land Institute (ULI) at its fourth annual event on Tuesday, June 3rd.

The firm earned the award for its development of Wheaton 121, a 306-unit luxury rental community located in downtown Wheaton, Ill. The new-construction development was completed in 2014.

One of the Chicago real estate industry’s most respected awards, the Vision Awards recognize work that uses creative development practices, inventive partnerships, imaginative problem solving, and visionary ideas contributing to the growth of vibrant communities.

“This Vision Award is an incredible honor for us, and we are so proud to be recognized for the work our team and partners did in developing Wheaton 121,” said David Strosberg, president and managing principal of Chicago-based Morningside Group.

“It’s been our firm’s philosophy over the past 22 years that a collaborative approach is what garners the best results. That’s why we don’t say we’re in the real estate industry; rather we’re in the community-building industry.”

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

 Vanessa Irving, virving@taylorjohnson.com, 312-267-4525

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

BOMA’s Southern Region Building of the year, 355 Alhambra in Coral Gables, FL, Awarded USGBC Leed Recertification


355 Alhambra, Coral Gables, FL


Marlene Diaz
MIAMI, FL, June 11, 2015 –       Taylor & Mathis of Florida and AEW Capital Management, L.P. announced today that 355 Alhambra located in downtown Coral Gables received Leadership in Energy and Environmental Design (LEED) Silver Recertification, the U.S. Green Building Council’s (USGBC) leading-edge system for designing and constructing a sustainable, energy-efficient and high-performance building.

 Green building strategies offer tangible ways for companies to improve their work environment and minimize their environmental impact while strengthening the bottom line.

355 Alhambra is owned by AEW Capital Management (AEW) on behalf of one of its institutional clients and is managed by Taylor & Mathis of Florida.  

The property has been named Outstanding Office Building of the Year from 2005 to 2015 by the Building Owners and Managers Association (BOMA) of Miami-Dade, and in 2013/2015 by the BOMA Southern Region.

“355 Alhambra has very strong ownership in AEW, a firm that is committed to the community, the environment and to maintaining its properties at their optimum level of performance,” stated Taylor & Mathis Director of Operations, Marlene Diaz.

Lisa Mitchell
 “Lisa Mitchell, the property manager at 355 along with her staff, have been able to achieve with these goals and objectives and their commitment to excellence has surpassed expectations.

“Achieving the LEED Recertification was of no surprise to those that are familiar with the ownership, and staff of this location, as they are an amazing group of professionals and an example to the commercial real-estate sector.  

"This will be added to their long list of recognitions and achievements.”

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

Marlene Diaz, Taylor & Mathis
(305)267-8062

HFF closes sale of and arranges financing for A&P-anchored retail center in northern New Jersey


55-75 Mayhill Street, Saddle Brook, NJ

 
Jose Cruz
FLORHAM PARK, NJ, June 11, 2015 – Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has closed the sale of and arranged acquisition financing for a two-building neighborhood shopping center located at 55-75 Mayhill Street in Saddle Brook, New Jersey.

HFF marketed the property on behalf of the seller.  Vision Real Estate Partners purchased the asset. 

Additionally, HFF worked on behalf of the new owner to secure the acquisition financing through Oritani Bank.

The 119,000-square-foot center is anchored by a 62,000-square-foot A&P supermarket and is approved for an additional 12,000 square feet of retail space.  

The 12-acre site also has 45,000 square feet of near-term availability, which can be leased as a single unit or divided into multiple units. 

Constructed between 1998 and 2000, the site offers almost 800 parking spaces. It is situated between I-80 and the Garden State Parkway with visibility from Market Street in Saddle Brook and is less than 10 miles from the George Washington Bridge.  

Kevin O'Hearn
The population within a three-mile radius totals more than 252,000 with an average household income exceeding $75,000.

The HFF investment sales team representing the seller was led by senior managing director Jose Cruz, managing director Kevin O’Hearn and real estate analyst Robert Borny.

The HFF debt placement team representing the new owner was led by senior managing directors Jon Mikula and Jim Cadranell.

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

HFF closes sale of and arranges acquisition financing for 100% leased office building in growing west Houston suburb

  
Mason Creek I, 21420 Merchants Way, Katy, TX


Robert Williamson
HOUSTON, TX, June 11, 2015 – Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has closed the sale of and arranged acquisition financing for Mason Creek I, a two-story, LEED-certified, 135,716-square-foot office building in the west Houston suburb of Katy, Texas.

HFF marketed the property on behalf of the seller, a Boston-based institutional real estate advisor. Nicola Crosby Real Estate, a Canadian investor, purchased the asset for an undisclosed amount.  

HFF also worked on behalf of the buyer to secure the five-year, fixed-rate acquisition loan through Principal Real Estate Investors.  

Developed by Myers Crow & Saviers, Ltd., in 2013, Mason Creek I was the first office building to be developed within the 110-acre Mason Creek Corporate business park in Katy, about 30 miles west of Houston’s central business district.

The property is situated on a 10.8-acre site at 21420 Merchants Way and is fully leased on a net basis to GEICO, who selected Katy over other Texas cities and other areas in Houston as the location for its new regional claims processing center.

Jeffrey Hollinden
Mason Creek Corporate business park fronts Interstate 10 and is one exit from Texas 99 (The Grand Parkway), Houston’s new outer beltway providing access to numerous large master-planned residential areas.  

Myers Crow & Saviers just completed the development of Mason Creek II, a three-story, 127,000-square-foot office building and has plans for a third office building that will largely build-out the park.

The HFF investment sales team representing the seller was led by senior managing directors Robert Williamson, Jeff Hollinden, Dan Miller and Rusty Tamlyn.

HFF’s debt placement team led by director Cortney Cole represented the buyer/borrower.

“Mason Creek has benefited from the tremendous growth in the Katy area, not only in terms of population but office, retail, residential and commercial development as well,” said Williamson.  “Large national tenants such as GEICO are drawn to the area due to its unrivaled access to a highly educated labor pool and attractive residential communities with award winning school systems.”

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

HFF closes $12.1 million sale of The Lodge at Gainesville in Central Florida


The Lodge at Gainesville, 3726 SW 40th Boulevard, Gainesville, FL


ORLANDO, FL – June 11, 2015 – Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has closed the $12.1 million sale of The Lodge at Gainesville, a 208-room, select-service, independent hotel near the University of Florida in Gainesville.

Daniel C. Peek
HFF marketed the property on behalf of the seller.  CrossHarbor Capital Partners LLC purchased the offering free and clear of debt. 

 GF Management will continue to manage the hotel.  
Known for its nightly two-hour cocktail reception in its atrium, The Lodge at Gainesville caters to both business and leisure travelers. 

In 2014, the hotel received TripAdvisor’s Certificate of Excellence Award given to establishments that received outstanding traveler reviews on TripAdvisor, one of the world’s largest travel sites. 

Formerly branded as a Cabot Lodge, the three-story hotel features a fitness center, business center, 810 square feet of meeting space with audio and visual equipment, outdoor swimming pool and hot tub, barbeque grills and a complimentary continental breakfast buffet.

 Located at 3726 SW 40th Boulevard just off Interstate 75 in the heart of Gainesville’s largest retail corridor, the hotel provides guests access to the University of Florida, which is two miles east of the hotel; Shands Hospital and two new retail developments, Celebration Pointe and Butler Plaza North/Butler Plaza Towne Center, both within one mile of the hotel.


Michael Weinberg
The HFF investment sales team representing the seller was led by senior managing director and head of HFF’s hotel group Daniel C. Peek, director Michael Weinberg and real estate analysts Anthony Frogameni and Preston Reid.

”This asset had what many buyers are looking for from an investment profile perspective, considering it was a lender-owned asset, in a strong location and had brand-conversion potential,” Weinberg said.  “The sales process became extremely competitive prior to buyer selection.  Both buyer and seller were very professional and great to work with.”

“The Lodge represents a great opportunity for value-add hotel investors in the Gainesville market, one of the strongest university-centered markets in the U.S.,” Peek added.  “Investors were clearly attracted to the investment given the variety of execution alternatives and the underlying quality of the location.”

HFF’s Hotel Group has had particular success in closing hotel transactions in Florida including the recent sales of the Waldorf Astoria Naples (now Naples Grande Resort) and the Hilton Clearwater Beach Resort.  The firm also closed the sale of the La Playa Beach Resort in May.

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

HFF arranges $25 million refinancing for 99 Madison Avenue in Manhattan’s Midtown South office market


99 Madison Avenue, Manhattan,NY
NEW YORK, NY, June 11, 2015 – Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has arranged a $25 million refinancing for 99 Madison Avenue, a 124,382-square-foot office building in Manhattan.

Working on behalf of the borrower, Windsor Management, HFF placed the 15-year, fixed-rate loan with Voya Investment Management. 

99 Madison Avenue is located on the corner of East 29th and Madison Streets in Manhattan’s Midtown South office market.  

Originally built in 1915, the property features ground floor retail space with offices situated on the floors above.  99 Madison is fully leased to 12 tenants, the largest of which is HAB Bank, who leases all of the retail space and two floors of office space.

The HFF debt placement team representing the borrower was led by managing directors Steven Klein and Jonathan Rosner.  

 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

HFF Washington, D.C. appoints Walter Coker and Brian Crivella to lead its Washington, D.C. Metro/Baltimore/Richmond multi-housing investment sales team


Walter Coker
 WASHINGTON, D.C. – Holliday Fenoglio Fowler, L.P. (HFF) announced  that veteran multi-housing transaction professionals, Walter Coker and Brian Crivella, will lead the Washington, D.C. Metro/Baltimore/Richmond multi-housing investment sales team for the firm. 

Coker and Crivella who have worked together for nearly a decade bring a significant level of multi-housing experience to the roles. 

 Since joining HFF in 2012, they have been involved in nearly $1 billion in equity joint ventures and capitalized close to $3 billion spread across 10,000 units. 

Their significant experience capitalizing projects throughout the region uniquely enables them to speak to the marketplace, clients and to all levels of the capital stack.  

“We are excited to promote Walter and Brian from within the organization as the two have demonstrated significant leadership and multi-housing equity experience since joining the firm.  We are excited to hit the ground running with what we believe is a seamless transition within the organization, a natural progression for these two talented individuals,” said Matthew Lawton, co-head of HFF’s national multi-housing team.

Brian Crivella
“We are honored to have the opportunity to take leadership roles within the organization and look forward to bringing the same level of service we have provided over the years to this platform within HFF,” Coker said.

“We are fortunate to have great clients and this new opportunity will allow us to expand the advisory services we offer them.  We feel this is a logical progression from our current business and appreciate the full support and trust the HFF platform has placed in us,” Crivella added.

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

George Smith Partners Secures $30.7 Million in Construction Financing for Three Koreatown Multifamily Developments in Los Angeles, CA


833 Harvard Boulevard, Koreatown Neighborhood
Los Angeles, CA
LOS ANGELES, CA (June 11, 2015) – Commercial real estate investment banking firm George Smith Partners has successfully arranged $30.7 million in construction financing for three separate multifamily developments, all within the Koreatown neighborhood of Los Angeles, according to Principal Jonathan Lee.

 Lee was assisted by George Smith Partners Assistant Vice President, Adam Candler.

“Koreatown has proven to be one of the most active markets in terms of new product within the City of Los Angeles,” explained Lee. 


“Because of its central location to Downtown, Hollywood and the Westside, the absence of anti-development neighborhood groups – common in other neighborhoods, and the Metro and Metro subway extension currently underway, Koreatown is re-establishing itself in the market as a neighborhood where development can be done.”

1101 South Harvard Boulevard, Koreatown Neighborhood
Los Angeles, CA
He continued, “Demonstrating to lenders both the strength of the for-rent and for-sale segments of this market, as well as the strength of each individual sponsor, allowed us to secure financing for the three multifamily developments. Ultimately we were able to secure impressive terms for each of our clients, including financings that were 75, 80 and 82 percent loan-to-cost.”

The properties are located at:

833 South Harvard Boulevard
1101 South Harvard Boulevard
305 South Ardmore Avenue

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

Corynne Randel/ Jenn Quader
Brower, Miller & Cole
(949) 955-7940

Lexington Homes Opens New Decorated Model Home at Woodleaf at The Sanctuary Club in Kildeer, IL


Jeff  Benach
CHICAGO, IL (June 11, 2015) – Chicago-based Lexington Homes announces it has opened its new decorated model home at Woodleaf at The Sanctuary Club, a community of 26 luxury homes in north suburban Kildeer. 

Located along the north side of Half Day Road (Route 22), within the award-winning Stevenson High School district, Woodleaf at The Sanctuary Club offers buyers the opportunity to build their dream home on scenic home sites that either back up to mature trees or overlook a lake.

“We are excited to have a beautifully decorated model home at Woodleaf at The Sanctuary Club that showcases one of our seven newly designed floor plans,” said Jeff Benach, co-principal of Lexington Homes. “Homebuyers will be able to walk through the model and experience firsthand the thoughtful design, functional features and high-end finishes that come standard in every home.”

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

Kelly Shumaker, kshumaker@taylorjohnson.com, 312-267-4519

Emily Johnson, ejohnson@taylorjohnson.com, 312-267-4522

Ricky Bole Joins KIG as Marketing Officer


Ricky Bole
CHICAGO, IL (June 11, 2015) – KIG, Chicago’s leading commercial real estate brokerage firm specializing in institutional multifamily properties throughout the Midwest, has announced Ricky Bole, 33, has joined the firm as marketing officer.

 “Ricky is a key addition to our team. His ability to turn complex technical data into compelling, fun, easy-to-digest graphics for KIG Analytics, our proprietary industry analysis, is second to none,” said Susan Tjarksen, principal and managing broker at KIG.

 “By providing institutional real estate investors with forward-thinking, insightful, real-world market intelligence, we continue to further set ourselves apart from our competition.”

Most recently, Bole served as a creator and mixologist for SoHo House-Chicago. His graphic design background includes various roles with Playboy Enterprises, Inc., Ascension Health, and local branding or design work for many entrepreneurial ventures like The Cabaret Project, as well as pro bono work for non-profit organizations.

“I am pleased to join a firm where I can make a meaningful impact on the multi-family market by leveraging the power of design to communicate valuable analytics to real estate owners and investors,” said Bole.        

Bole holds a bachelor of fine arts in visual communications from the International Academy of Design & Technology.

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

Cara Mooses, cmooses@taylorjohnson.com, 312-267-4523

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