Tuesday, December 8, 2015

Bath Club Villa 6 on Miami Beach, FL Sold for $7.5 Million


Bath Club Villa 6, 5959 Collins Avenue, Unit 3006, Miami Beach, FL

MIAMI BEACH, FL – Broker Nelson Gonzalez announces the 5,685-square-foot  Bath Club Villa 6 at 5959 Collins Avenue, Unit 3006, in Miami Beach, FL has been sold for $7.5 Million. Seller and buyer were not disclosed.

Nelson Gonzalez
Gonzalez calls the property, “The only true "Oceanfront Home" on Miami Beach! The only detached home of the 6 villas at the Bath Club! Tri-level home with a private pool, large interior elevator & 2 car garage parking.

“Rare, professionally decorated 5 bed/5 bath unit. 3rd floor game room, unbelievable ocean views from most rooms, gourmet kitchen, huge master bed/bath and walk-in closets. Amenities include: pool, spa, gym, concierge, valet, tennis courts and beach service. Live the luxury lifestyle! 

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

Nelson Gonzalez P.A.,
Senior Vice President
305-674-4040


Renew Bath & Body Expands With Purchase of Downtown Rochester, MI Building


Joe DePonio
Troy, MI  – L. Mason Capitani CORFAC International is pleased to announce that Renew Bath & Body has purchased a 2,200 square foot free standing retail building in downtown Rochester.

 Located at 118 W. University, this building will mark the second location for the natural bath and body products store. Renew’s landmark store is located at 172 N. Old Woodward in downtown Birmingham.

Jason Capitani and Joe DePonio represented them in the sale transaction.

Founded in 1965, L. Mason Capitani CORFAC International is a privately held commercial real estate service firm specializing in the sales, leasing and management of industrial, office, medical and retail properties in Michigan.

The firm’s scope of services includes landlord and tenant representation, buyer and seller representation, site acquisition and build-to-suit facilitation. L. Mason Capitani, Inc. is an affiliate member of Corporate Facility Advisors – CORFAC International, which is one of the largest and most successful real estate service organizations in the world.


118 West University,  Downtown Rochester, MI
 CORFAC is comprised of privately held entrepreneurial real estate service firms serving more than 150 markets in the Americas and internationally.

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

Laura Marracco
Marketing Director
L. MASON CAPITANI, INC., CORFAC International
2301 W Big Beaver Rd, Suite 950, Troy, MI 48084
248.637.9700         

  

Metro Air Compressor Expands Roseville, MI Operations With Purchase of 39,000-SF Facility


15990 Sturgeon HQ of Metro Air Compressor,
Roseville, MI
Troy, MI – L. Mason Capitani CORFAC International is pleased to announce the sale of a 39,000 square foot industrial facility located at 15990 Sturgeon in Roseville, Michigan, to Metro Air Compressor.

Metro Air is nearly doubling the size of its Roseville operations with the purchase of its new building. 

With hundreds of years of combined staff experience, Metro provides service for rotary screw air compressors, reciprocating air compressors, centrifugal compressors, vacuum pumps, refrigerated dryers, desiccant dryers, filtration, flow controllers, storage and distribution systems.

 Jason Capitani represented the seller in the transaction

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

Laura Marracco
Marketing Director
L. MASON CAPITANI, INC., CORFAC International
2301 W Big Beaver Rd, Suite 950, Troy, MI 48084
248.637.9700         

  

Classic Design Expands with Purchase of Neighboring Building in Troy, MI


Jason Capitani
Troy, MI  – L. Mason Capitani CORFAC International is pleased to announce that Classic Design has purchased a 30,000 square foot industrial facility located at 2222 Stephenson Highway in Troy, Michigan.

Currently operating out of an 80,000 square foot facility in Troy, the new building will address their rapid growth and expansion. 

Classic Design specializes in the design, build, and integration of manufacturing systems for the automotive, defense, aerospace and heavy equipment industries.

Jason Capitani represented them in the transaction. Garry Rogers represented the seller.

Founded in 1965, L. Mason Capitani CORFAC International is a privately held commercial real estate service firm specializing in the sales, leasing and management of industrial, office, medical and retail properties in Michigan.


Garry Rogers
The firm’s scope of services includes landlord and tenant representation, buyer and seller representation, site acquisition and build-to-suit facilitation. L. Mason Capitani, Inc. is an affiliate member of Corporate Facility Advisors – CORFAC International, which is one of the largest and most successful real estate service organizations in the world. 

CORFAC is comprised of privately held entrepreneurial real estate service firms serving more than 150 markets in the Americas and internationally.


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

Laura Marracco
Marketing Director
L. MASON CAPITANI, INC., CORFAC International
2301 W Big Beaver Rd, Suite 950, Troy, MI 48084
248.637.9700         

  

Ackerman & Co. Completes Acquisition of 4.1MSF Industrial Portfolio in Stone Mountain, GA


Kris Miller
Atlanta, GA – Ackerman & Co. announced it has completed the acquisition of Stone Mountain Industrial Park, a 4.1-million-square-foot purchase encompassing 69 buildings in the Tucker/Stone Mountain submarket of Atlanta, for $135 million.

The properties were originally developed and master-planned by the seller, Pattillo Industrial Real Estate. Ackerman and Pattillo have been two of the leading Atlanta commercial real estate companies for the last 50 years.

Ackerman & Co. partnered with Investcorp – an alternative investment manager and active real estate investor in Atlanta and the Southeast – to complete the transaction, which closed 75 days from award of deal.

"Both Ackerman and Pattillo have long and successful histories in Atlanta real estate,” said Kris Miller, President of Ackerman & Co. “Investcorp and Ackerman are fortunate to now own these well-built and strategically located properties," he added.

Stewart Calhoun
Stone Mountain Industrial Park has been maintained and managed by Pattillo since its original development. 

The diverse portfolio of shallow-bay industrial warehouses includes single-and multi-tenant configurations of front, rear and side-load designs ranging from 5,000 to 200,000 square feet. Most spaces offer outside storage.  

Cushman & Wakefield’s Stewart Calhoun, David Meline, Samir Idris and Casey Masters brokered the sale on behalf of Pattillo. “The Cushman team contributed significantly to the success of this complicated transaction and kept us on schedule,” said Miller.

“We congratulate Ackerman and Investcorp on their bold new investment. They are committed to an area that has a Community Improvement District, a newly incorporated City of Tucker and a sterling location that has served a strong business community for many years. Ackerman and Investcorp take leadership in this market at a moment that holds great potential,” said Larry Callahan, CEO of Pattillo Industrial Real Estate.

Twenty-five-year veteran and Ackerman & Co. Senior Vice President Brett Buckner, CCIM, SIOR, will manage the leasing and user-sales at Stone Mountain Industrial Park. Professional and on-site management will be provided by the Ackerman & Co. Property Management division.

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

Fara Wilson
Vice President, Marketing
P: 770.913.3904    C: 678.358.2060    F: 770.913.3965

Griffin-American Healthcare REIT III Joint Venture Completes Acquisition of Trilogy Health Services in $1.125 Billion Transaction


 
Randy Bufford
IRVINE, CA - Griffin-American Healthcare REIT III, Inc. (“Griffin-American”) nnounced that, pursuant to a joint venture with NorthStar Healthcare Income, Inc. (“NorthStar Healthcare”), it has completed the acquisition of approximately 96 percent of Trilogy Investors, LLC (“Trilogy”), the parent company of Trilogy Health Services LLC, for a purchase price that is based on a total company valuation of approximately $1.125 billion.

Griffin-American owns 70 percent of the joint venture and acts as its manager. NorthStar Healthcare owns 30 percent of the joint venture.  As part of the transaction, Randy Bufford, Trilogy’s founder and chief executive officer, and other members of Trilogy’s management have retained an approximately 4 percent equity interest in Trilogy.

 Bufford and his executive team will continue to manage the Trilogy assets on behalf of the joint venture.

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

Damon Elder
(949) 270-9207


HC Real Estate Capital Arranges $23 Million Financing for Office Park In Boca Raton, FL

 
Amtec Center, Boca Raton, FL

Chris Caveglia
Boca Raton, FL – Chris Caveglia and Kurt Hoffmann of HC Real Estate Capital have arranged $23,000,000 in financings for Amtec Center located at 6401-6421 Congress Avenue Boca Raton, FL and 751 Park of Commerce Drive Boca Raton, FL. 

Financing was arranged through a regional lender with a 7-year term at a competitive fixed interest rate, which replaced a maturing facility on the property.  

Amtec Center is an office park comprised of (7), one (1) and two (2) story multi-tenant office buildings totaling 289,000 SF of rentable area and is currently 90% leased.

 The tenant mix is made up of both national and local tenants including:  J-Tech Communications, Revelex Corp, Inc., Nightingale Nurses, ENT Associates and Paro Services Corp. 

Chris Caveglia, Principal at HC Real Estate Capital states, “The borrower took advantage of today’s historical low interest rates and we were able to refinance the existing loan in to much better terms and conditions while significantly improving the properties cash flow."

Kurt Hoffmann
HC Real Estate Capital, LLC is a privately owned mortgage-banking firm founded by Kurt Hoffmann and Chris Caveglia with a history of reliability, flexibility and quality customer service. 

Based in Delray Beach, Florida, HC Real Estate Capital arranges permanent commercial and multifamily real estate loans.

 The company has a broad capital provider base that includes insurance companies, CMBS lenders, pension fund advisors, and commercial banks as well as a proprietary lending platform.

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

Chris Caveglia
HC Real Estate Capital, LLC
660 Linton Blvd. Ste 200 EX5
Delray Beach, FL 33444
Direct: 561-266-3273
Mobile: 561-376-3176

Have You Herd? Anantara’s Elephant Parade Has Arrived in Bangkok!




Bangkok, THAILAND, Dec. 8,  2015--Anantara Hotels, Resorts & Spas along with Elephant Parade® launched the world’s largest open air art exhibition - Elephant Parade Bangkok 2015 - in the heart of the Thai capital.

H.M. King Bhumibol Adulyadej
The exhibition, featuring 88 brightly decorated elephant statues has been staged to honour the 88th birthday of H.M. King Bhumibol Adulyadej, the world’s longest reigning monarch.

The first Elephant Parade was held in Rotterdam, Netherlands, in 2007 and has since exhibited in many cities around the world including London, Singapore, Amsterdam, Milan and Hong Kong. Bangkok Elephant Parade 2015 is a first for Thailand and will be the only one for the capital.

The event was originally created after founder Marc Spits and his son Mike visited the Friends of the Asian Elephant hospital in Lampang northern Thailand, which treats sick and injured elephants.

There they saw Mosha, a baby elephant who lost her leg after stepping on a landmine when she was only seven months old. She is fitted with a new prosthetic leg every year and must then learn to walk all over again. Mosha always features in each Elephant Parade exposition and will have a specially Thai themed painted prosthetic leg for the Bangkok Parade.

Sirinya Bishop
All 88 elephants showcased in Elephant Parade Bangkok are available for the public to bid for and own in an online auction and in February 2016 a final selection of elephants will be auctioned off by Christies at a gala dinner to be held at Anantara Siam Bangkok.

 Proceeds from both auctions will be donated to the Golden Triangle Asian Elephant Foundation who in turn will select strategic partners to drive forward key projects including building the first elephant clinic in Chiang Mai’s Mae Teang Valley, expanding their Positive Reinforcement Target Training Project to even more elephants and helping protect the wild elephants in Thailand’s National Parks.

“The more awareness that is raised on the plight of domestic and wild elephants in Thailand, the better the chances we have for their survival,” William E. Heinecke, Chairman and CEO of Minor International, the parent company of Anantara, Hotels Resorts & Spas, commented. “I can’t think of a better way to raise awareness and money than bringing the largest open air art exhibition in support of Asian Elephants to Bangkok.”

Elizabeth Romhild
Famous supporters of Elephant Parade Bangkok include: Hangover 2 star Nirut Sirichanya; Fast and Furious 7 star Tony Jaa; Designer Paul Smith; World Number One DJ, Hardwell; Miss Thailand World, Sirinya Bishop; Artists Elizabeth Romhild, Elsie Evans; Sculptor Gavin Fifield and a wide range of Thai celebrities and artists.

 “In my life I have spent a lot of quality time with elephants. I grew up in a mahout family and started my movie career with an elephant as a co-star,” said Fast and Furious 7 star and Elephant Parade Ambassador Tony Jaa. “I want to thank all the people and organisations who take the time and resources to ensure the safety of these intelligent creatures in Thailand and around the world.”

“I am so excited and honoured to be chosen to be one of the artists for the Elephant Parade. What a wonderful way to get people talking and taking action in elephant conservation,” actress and Elephant Parade Bangkok ambassador, Sirinya Bishop said.

Elsie Evans
“The elephant is our country’s national animal and symbol, but somehow this once-revered and noble creature is now forced to beg for food on the busy and dangerous streets of the capital. I truly hope that this magnificent colorful pachyderm parade will raise the awareness and inspire us all to take more concrete steps to ensure their survival and well-being.”

To help raise more awareness and funds for elephant welfare and conservation projects, Anantara Hotels Resorts & Spas are giving Elephant Parade visitors the chance to win a seven day trip to Anantara's resorts in the Maldives and other exceptional prizes through an Instagram competition.

The grand prize winner will enjoy the authentic luxuries of Anantara Dhigu Maldives Resort and Anantara Veli Maldives Resort, other prizes include a four day stay at Anantara Golden Triangle Elephant Camp & Resort in Thailand and a 75-cm Elephant Parade statue of the winner’s choice from a selected range of designs.

Mosha Gets a Treat
For more information on Elephant Parade Bangkok 2015, plus the online auction and Instagram competition please visit www.elephantparadebangkok.com

The 1.5 metre elephants are on show from 1st – 18th December 2015 at the world-class luxury shopping centre, Siam Paragon; the herd will then move to Asiatique on the banks of the Chao Phraya River from 20th December 2015 – 11th January 2016 and finally Lumpini Park, in the heart of the city, from 18th – 29th January 2016. 

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

Hwee Peng Yeo
Vice President, Asia Markets
Glodow Nead Communications
San Francisco • New York • Singapore • Shanghai
Level 21, Centennial Tower, 3 Temasek Avenue • Singapore 039190
Level 15, One Corporate Avenue, 222 Hubin Road, Shanghai China, 200021
1700 Montgomery Street, Suite 203 • San Francisco, CA • 94111
Asia: 65.9768.6087  US:415.394.6500 • E: hweepeng@glodownead.com


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Centennial Tower 21层,Temasek Avenue 3号, 新加坡邮区039190
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