HSA Commercial Finishes Lease-Up at Gateway Industrial III in Indianapolis; Announces New 150,000 SF Spec Development at Gateway Business Park

Robert Smietana

CHICAGO, IL  (Jan. 19, 2016) — HSA Commercial Real Estate today announced it has leased the remaining available space at Gateway Industrial III, its 220,000-square-foot spec distribution center at 1025 S. Columbia Road in Plainfield, Ind., with plans to develop a new 150,000-square-foot warehouse adjacent to the facility in the Gateway Business Park.

Kuehne + Nagel, a Switzerland-based global logistics service provider with more than 1,000 offices and distribution centers around the world, executed a 100,335-square-foot lease at Gateway Industrial III, adding to the 59,895 square feet it already occupies.

 Developed by HSA Commercial in partnership with Great Point Investors LLC, the building was completed in 2014 and is now fully leased. 

This summer, HSA Commercial expects to break ground on a new 150,000-square-foot distribution center – also built on spec – in the Gateway Business Park, immediately southwest of Indianapolis International Airport.

“As evidenced by the rapid lease-up of Gateway Industrial III, there is still plenty of demand for Class A industrial space in the Indianapolis market,” said Robert Smietana, vice chairman and CEO of HSA Commercial Real Estate.

 “Gateway Business Park’s proximity to the airport and Interstate 70, which easily connects to the entire regional interstate system, makes it a highly attractive option for industrial users looking around Indianapolis.”

  

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

Abe Tekippe, atekippe@taylorjohnson.com, (312) 267-4528

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

The Altman Companies Sells Mixed-Use Community in Tampa, FL for $46 Million

Joel Altman

TAMPA, FL –– The Altman Companies, a nationally recognized developer of luxury apartment communities, announced the sale of its Altís Highland Park for $46 million to Utah-based Cottonwood Residential.

The luxury, mixed-use apartment community, located in Westchase at 11571 Fountainhead Drive, consists of 239 apartments and 5,000 square feet of retail space.

“The Altman Companies is proud to have delivered a first-class community for the highly desirable Westchase neighborhood,” said Joel Altman, chairman of The Altman Companies. “This sale shows the strong demand for luxury rental product in the area.”

Headquartered in Boca Raton, Fla., The Altman Companies delivered the first residences for Altís Highland Park in November 2014 and completed the lease-up in just one year. Altís Highland Park offers studio, one-, two- and three-bedroom floorplans with resort lifestyle amenities. Average monthly rents range from $1,193 to $2,028.

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

BoardroomPR

Ashley Fierman,

afierman@boardroompr.com

Todd Templin,

ttemplin@boardroompr.com

(954) 370-8999

www.AltmanCos.com.

Lincoln Brokers 27,556-Square-Foot Lease for VXI Global Solutions, LLC, at Royal Phoenix Business Center in Metro Atlanta, GA

  

 

Stephanie Marino

ATLANTA, GA (Jan. 19, 2016) – Lincoln Property Company Southeast (Lincoln) has brokered a 27,556-square-foot office lease for VXI Global Solutions, LLC, at Royal Phoenix Business Center, located in Metro Atlanta.

Jeff Henson, Michael Howell and George Gwaltney of Lincoln represented the landlord, OA Development, in the transaction, and Jackson Myers, Steve Morgan and Stephanie Marino of Avison Young represented the tenant.

Royal Phoenix Business Center is located at 1688 Phoenix Parkway in College Park, Georgia,  directly adjacent to Hartsfield-Jackson International Airport with immediate access to interstates I-85, I-75 and I-285. 

The property includes six single-story office/flex buildings totaling 157,416 square feet.

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

Savannah Durban

The Wilbert Group

404-343-0870 (O) 404-901-4433 (C)

sdurban@thewilbertgroup.com

Lincoln Harris Brokers Five Leases Totaling More Than 18,000 Square Feet Throughout North Carolina

  

Kaler Walker

RALEIGH, NC (Jan. 19, 2016) — Lincoln Harris’ Raleigh office has brokered five leases in the North Carolina area totaling 18,477 square feet. The details of the transactions are below:

·      Splurge of Raleigh, a first class gift and home décor shop, signed a new 1,200-square-foot lease at Creedmoor Village Shopping Center, located at 1428 Brogden Woods Drive in Wake Forest. John Mikels represented the landlord, Harris Teeter, in the transaction. 

·      Allied Electronics, a distributor of industrial automation and control products, renewed their 2,063-square-foot lease at Interchange II, located at 801 Jones Franklin Road in Raleigh. Kaler Walker and Mikels represented the landlord, TNREF III West Raleigh, LLC, in the transaction. 

·      Crossroads Business Center, offering executive suites and rentals, signed an 8,614-square-foot lease renewal at 5540 Centerview Drive, located in Raleigh. Walker and Mikels represented the landlord, TNREF III West Raleigh, LLC, in the transaction.

·      Burn Boot Camp, a new rapidly growing, fitness facility for mothers and women, signed a 3,600-square-foot lease at Village Center Shoppes, located at 130 W. Holly Springs Road in Holly Springs. 



Mikels represented the landlord, Sun Life Assurance Company of Canada, in the transaction, and Jon Bradley and Beverly Keith of Avison Young represented the tenant.

·      Educational Data Systems, Inc. (EDSI), a national workforce development, customized training, and consulting company, signed a 3,000-square-foot lease at Tillery Place, located at 1639 Old Louisburg Road in Raleigh. 

Beverly Keith

Jake Plotkin of NAI Carolantic represented the landlord, Paul Tillery Commercial Rentals, in the transaction and Walker represented the tenant

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

Savannah Durban

The Wilbert Group

404-343-0870 (O) 404-901-4433 (C)

sdurban@thewilbertgroup.com

NAI Realvest completes two industrial lease agreements at Carter CommerCenter in Winter Garden, FL

Patty Nolff

WINTER GARDEN, FL. – NAI Realvest recently completed two lease agreements for industrial space totaling 5,625 rentable square feet in Carter Commerce Center at 890 and 902 Carter Rd. in Winter Garden.

Michael Heidrich, a principal at NAI Realvest and Associate Patty Nolff represented local landlord Carter Commerce Center LLC, in an expansion lease of 1,875 square feet to Rena Investments, LLC d/d/a Low Ball Louies for suite 290.  

The tenant already occupies Suite 300 with 1,875 square feet and business growth required the company to double its space to 3,750 square feet. 

Heidrich and Nolff also negotiated a lease renewal at Carter Commerce Center with the tenant, Backyard Xscapes, Inc. who occupies 3,750 square feet

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

Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142 lvershelco@aol.com

Jennifer Jackson Promoted to Research Manager at Crossman & Co.

Jennifer Jackson

ORLANDO, FL --- Crossman & Company, one of the largest retail leasing, management and investment sales firms in the Southeast, recently promoted Jennifer Jackson to Research Manager.

John Crossman, President of Crossman & Company, said Jackson is a University of Florida graduate who joined the firm two years ago as a research coordinator. 

“Jennifer has brought a high level of skill and provides deep research and analysis for various departments within the company,” said Crossman. 

As research manager Jackson will plan, coordinate and execute research projects.

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

Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142 lvershelco@aol.com

NAI Realvest Promotes Jeff Bloom to Vice President

Jeffrey W. Bloom

ORLANDO, FL -- NAI Realvest one of central Florida’s largest commercial real estate services companies and developers of industrial facilities,  recently promoted Jeffrey W. Bloom, CCIM  to Vice President.

Robin L. Webb, CCIM, managing director at NAI Realvest, said Bloom joined NAI Realvest two years ago and was formerly a senior director.   He has 27 years of experience in all facets of commercial real estate in Central Florida, including tenant representation, brokerage, investment sales and leasing.   

Bloom is a graduate of Florida Institute of Technology and is a Certified Commercial Investment Member of the CCIM Institute recognizing expertise in commercial investment real estate.   

At NAI Realvest Bloom focuses on sale and leasing of office property and land.

“Jeff’s contribution to NAI Realvest has yielded exceptional results,” Webb said.  “He will play a significant role in our growth.”

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

Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142 lvershelco@aol.com