Colliers International Tampa Bay hires Bill Reeves as Managing Director – Office Services

Bill Reeves

TAMPA, FL (July 1, 2015) – Bill Reeves, one of Florida’s top office brokers, has joined Colliers International Tampa Bay as Managing Director – Office Services, based in its Tampa office.

Reeves focuses on representing office tenants and corporate real estate users, and has completed over 250 real estate transactions totaling over 1 million square feet in his career, which began in 1998.

Reeves joins Colliers after an extremely successful 15-year tenure at Cushman & Wakefield, where he was a top producer, winning NAIOP “Office Deal of the Year” and “Best of the Best” awards for handling some of the Tampa Bay area’s most notable corporate relocations and transactions.

He also won FGCAR’s (Florida Gulfcoast Commercial Association of Realtors) “Pinnacle Award” for Deal of the Year, for Draper Labs’ purchase of a St. Petersburg building for research and development.

“We are thrilled to have Bill join our team,” said Lee Arnold, CEO of Colliers International Tampa Bay, Central & Southwest Florida. “He has a deep understanding of how to help offices clients with their unique needs, and his experience will be a valuable asset for our office tenants and landlords.”

Bill joins Colliers’ sizable office team consisting of 17 office and medical office leasing and investment sales brokers covering the Tampa Bay region.

Reeves is a graduate of the University of Florida’s Warrington College of Business.

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

Leah Saunders   

B2 Communications

(727) 895-5030, ext. 104

Leah@B2communications.com

EWM Realty International Brokers $7.9 Million Sale of Waterfront Home in Miami Beach, FL

1374A South Venetian Way, Miami Beach, FL

MIAMI BEACH, FL – EWM Realty International broker Nelson Gonzalez announces the $7.9 million sale of 1374A South Venetion Way in Miami Beach, FL.

The 7,990-square-foot waterfront home sits on a 10,500-square-foot lot in an exclusive neighborhood.

The home features a massive rooftop terrace that offers incredible views. Terrace includes summer kitchen. 

This home has light filled rooms with soaring ceilings, Elevator, smart house systems and full house generator.

 Kitchen features blue Bahia Brazilian granite counters, cooking island and Viking appliances. Large Master Suite has its own private terrace and his/her closets. This house is ideal for entertaining with its media room with wet bar, pool and dock. 

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

Nelson Gonzalez P.A.,

Senior Vice President

305-674-4040

Nelson@NelsonGonzalez.com

www.NelsonGonzalez.com

EWM Realty International |419 Arthur Godfrey Road Miami Beach, Fl|33140

Crossman & Co. welcomes Eric Parrs to their Investment Sales team

Eric Parrs

Orlando, FL – Crossman & Company is pleased to announce the addition of Eric Parrs as analyst to the Investment Sales team.

Eric will play an integral role in the underwriting and escrow coordination for a team that did more than $200 million in grocery-anchored transactions throughout the Southeast United States in 2014.

In addition to previous investment sales experience, Eric brings a distinguished appraisal background where he gained extensive knowledge in valuation and forensic modeling of retail real estate using Argus software.

 Eric holds the distinction of having multiple master’s degrees from two of Florida’s finest universities – a Masters of Real Estate from the University of Florida and a MBA from the Crummer Graduate School of Business at Rollins College. He also has nearly completed his CCIM designation.

“Eric was our first choice for the position as he brings experience, work ethic and a service mentality that will greatly benefit our clients,” said Managing Director Mark Thompson. “We are thrilled to get someone of his caliber and character for the role.”

Originally from upstate New York, Eric’s family relocated to Hilton Head, S.C., where his father practices real estate law. Eric currently resides in Winter Park, Fla.

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

Sydnie Cobb

Crossman & Company

scobb@crossmanco.com

 407.581.6261

HFF closes sale of Publix-anchored retail center near Orlando, FL

Alafaya Square, 19 Alafaya Woods Boulevard, Oviedo, FL

ORLANDO, FL – Holliday Fenoglio Fowler, L.P. (HFF) announced it has closed the sale of Alafaya Square, a 175,977-square-foot, Publix-anchored neighborhood shopping center in the Orlando suburb of Oviedo, Florida.

Brad Peterson

HFF arranged the sale of the property on behalf of the seller, a partnership between Weingarten Realty Investors and an institutional partner.  Epic Real Estate Partners purchased the asset free and clear of existing debt.

Renovated in 2005, Alafaya Square comprises one main building and two outparcels that are home to a variety of regional and national tenants including Publix Supermarkets, Planet Fitness and International House of Pancakes.

The property spans more than 21 acres at 19 Alafaya Woods Boulevard where it terminates at Alafaya Trail in Oviedo, a community 12 miles from Orlando that helps serve more than 60,000 students who attend the University of Central Florida, which is three miles from the center.  

The HFF investment sales team representing the seller was led senior managing director Brad Peterson, associate director Whitaker Leonhardt and real estate analysts Michael Brewster and Anthony Frogameni.

“Alafaya Square is located in one of the faster-growing suburban communities in Orlando, driven by the tremendous growth of the University of Central Florida,” Peterson said. 

“The property is the largest shopping center in the area and draws a large customer base because of its’ great mix of grocery, fitness, dining and service-based tenants.

 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

www.weingarten.com.

HFF secures $33.75 million refinancing for suburban Washington, D.C. neighborhood shopping center

Davis Ford Crossing, 9890 Liberia Avenue, Manassas, VA

WASHINGTON, DC – Holliday Fenoglio Fowler, L.P. (HFF) announced it has secured $33.75 million in refinancing for Davis Ford Crossing, a 152,391-square-foot neighborhood shopping center with multiple national anchors in Manassas, Virginia.

Mark Remington

HFF worked on behalf of the borrower, Rappaport, to secure the 10-year, 4.34-percent, fixed-rate loan with Principal Real Estate Investors.  HFF will service the securitized loan.

Between 2013 and 2014, Rappaport completed almost $2 million in renovations and enhancements to Davis Ford Crossing, securing LA Fitness as a new anchor tenant in the process.

 The 97.5-pecent-leased shopping center is home to three other anchors, Staples, Petco and CVS, and in-line tenants including Sleepy’s and GNC.  

McDonald’s, United Bank, Arby’s and Exxon occupy outparcel pads, and an additional 2,670-square-foot pad site is available for future development.

 The center is situated on 20.7 acres at 9890 Liberia Avenue in Manassas, a suburb 33 miles west of Washington, D.C.  Located at the intersection of Liberia Avenue and Prince William Parkway, the center is in the heart of the southern Manassas retail corridor and near multiple grocers and residential neighborhoods.

Robert Carey

The HFF debt placement team representing the borrower was led by managing director Mark Remington and senior real estate analyst Robert Carey.

“Congratulations to Rappaport and Principal,” Remington said.  “This transaction created a win for both parties, allowing Rappaport to buy out its capital partner while creating a valuable loan asset for Principal.”

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

www.rappaportco.com

HFF closes $81.4 million sale of Parsippany, NJ Class A office building

14 Sylvan Way, Parsippany, NJ

FLORHAM PARK, NJ -- Holliday Fenoglio Fowler, L.P. (HFF) announced it has closed the sale of 14 Sylvan Way, a 203,506-square-foot, Class A trophy office building in Parsippany, New Jersey.

HFF represented the seller, Mack-Cali Realty Corporation, in the transaction. 

Jose Cruz

The buyer, Griffin Capital Essential Asset REIT II, Inc. (“GCEAR II”), a non-traded REIT sponsored by Griffin Capital Corporation (“Griffin Capital”) purchased 14 Sylvan Way for $81.4 million.

In addition to the sales price, GCEAR II is assuming responsibility for additional tenant improvement allowance obligations. 

14 Sylvan Way was completed in 2013 as a build-to-suit for the corporate headquarters of Wyndham Worldwide Operations, a subsidiary of Wyndham Worldwide Corporation, which leases the entire facility. 

The three-story property has received LEED ® Gold designation in Commercial Interiors. 

The common areas were designed to match those of a five-star Wyndham resort and tenants have access to amenities including a cafe, training center, employee lounge and a resort-style courtyard. 

14 Sylvan Way is situated on a 23.15-acre site within the Mack-Cali Business Campus adjacent to 22 Sylvan Way, which is the second half of the tenant’s headquarters campus purchased by another non-traded REIT sponsored by Griffin Capital in 2014.  This location provides easy access to Interstate 287 and Route 10 in northern New Jersey.

Kevin O'Hearn

The HFF investment sales team representing the seller was led by senior managing director Jose Cruz, managing director Kevin O’Hearn, senior analyst Marc Duval and supported by senior managing director Andrew Scandalios and associate director Stephen Simonelli.

“The property is an absolute Class A and was highly sought after in a competitive process.  With GCEAR II buying the building, Griffin Capital-sponsored REITs now own two of the best buildings in Parsippany - 22 and 14 Sylvan,” stated Cruz.

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

www.griffincapital.com.

C.T. Hsu Honored with AACC Lifetime Achievement Award

C.T. Hsu

ORLANDO, FL -- The Asian American Chamber of Commerce of Central Florida honored C.T. Hsu, FAIA as the recipient of the 2014 Lifetime Achievement Award at the Golden Dragon Awards event in the fall of 2014. C.T. is a past president of the Asian American Chamber.

“C.T. is a role model for rising entrepreneurs, especially young Asian professionals who, like him, approach their work and service to community with passion,” said Coco Johnston, 2014 Asian American Chamber of Commerce President.

 “In our fifth anniversary year for the Golden Dragon Awards, his enduring contributions to the Greater Orlando area embody our celebration of Commerce, Community and Culture.”

The award was given to C.T. due to his legacy in architectural and design excellence includes municipal government buildings, entertainment complexes, transportation projects, educational facilities, community centers and recreational facilities locally and internationally.

 He is probably best known for his contributions to three Central Florida icons – the Amway Center, the Universal Transportation Center, and the Orange County Convention Center.

Coco Johnston

His projects span the globe including China, Singapore, the Philippines, Saudi Arabia, and South Korea. Over the years, C.T. has been honored many times over as a leader in business, service, and philanthropy in Central Florida.

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

C.T. Hsu + Associates, P.A.

820 Irma Avenue • Orlando, FL 32803 • 407 423 0098 •

Fax 407 423 4793

www.CTHSU.com