Englewood Construction Completes Blain’s Farm & Fleet in Romeoville, IL

  

 

William Di Santo

                                                         
CHICAGO, IL (OCT. 19, 2016) – Englewood Construction, one of the country’s leading commercial construction firms, announced its retail group has completed the ground-up construction of a 120,690-square-foot Blain’s Farm & Fleet in Romeoville, Ill.

Located at 451 S. Weber Road, the store opened in October as the national retailer’s 37th location and its nearest to Chicago. Charlotte, N.C.-based Little Diversified Architectural Consulting was the project architect.

              

“As a national contractor, we pride ourselves on our ability to create a seamless experience for retailers as they expand their geographic footprint,” said William Di Santo, president of Lemont, Ill.-based Englewood Construction. “This project gives Farm & Fleet its first presence in Will County, enabling them to reach a new group of shoppers in Chicago’s popular southwest suburbs.”

Di Santo noted the Farm & Fleet project illustrates a trend in the retail sector of big box retailers opting for out-of-the-ground construction in new locations, allowing them to reimagine their physical space in order to enhance the brand experience for consumers.

 “This project is a prototype Farm & Fleet, so it’s an exciting opportunity for the brand to not only introduce a new store design, but also partner with Romeoville to develop this prime location into a vibrant retail corridor,” said Di Santo.

  

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

Sarah Lyons, slyons@taylorjohnson.com, (312) 267-4520

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

Select Management Resources Signs 54,958-Square-Foot Lease Renewal and Expansion in Alpharetta, GA

  

Hunter Henritze

ATLANTA, GA (Oct. 19, 2016) – Lincoln Property Company Southeast (Lincoln) has brokered the long-term extension and 7,771-square-foot expansion of Select Management Resources’ lease at Preston Ridge IV, a Class A office building located at 3440 Preston Ridge Road, Alpharetta, Georgia.

With the expansion, Select Management Resources now occupies a total of 54,958 square feet in the building, bringing the occupancy to 99 percent leased.

Hunter Henritze and Michael Howell represented the landlord, Equity Office Properties, in the transaction, and Brad Kuehn with Atlanta Office Realty represented the tenant.

“North Fulton is a highly desirable place to do business, which is reflected in the current strength of the office market,” Henritze said.

“Preston Ridge IV is a best-in-class asset and we’re excited Select Management Resources had decided to remain at the building for years to come,” added Howell.

The six-story, 150,320-square-foot Preston Ridge IV sits atop North Fulton’s highest point with unmatched views of the Atlanta skyline. The building provides easy access to Georgia 400, North Point Parkway, Old Milton Parkway, North Point Mall and is less than a mile from the Avalon shopping district, numerous restaurants, hotels and banks.

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

Robert W. Baird & Co. Signs 12,435-Square-Foot Lease at Capitol Towers in Charlotte, NC

  

Campbell Walker

CHARLOTTE, NC  (Oct. 19, 2016) — Robert W. Baird & Co. has signed a new 12,435-square-foot lease at Capitol Towers South Tower, located in Charlotte, North Carolina.

Campbell Walker of Lincoln Harris represented the landlord, Piedmont Row Drive LLC, in the transaction, and Brian White and Chase Monroe of JLL represented the tenant.

“Capitol Towers is an ideal property for tenants seeking office space in the heart of SouthPark,” Walker said. “We have experienced tremendous success with Phase I, and we anticipate Phase II will be equally in demand.” 

Capitol Towers, located at 4350 Congress St., offers Class A office space with easy access to Charlotte’s Central Business District, secured underground parking and a range of dining options, including outdoor seating and gathering areas, as well as access to a range of lifestyle amenities within a one-mile radius. The project is being built to LEED Gold standards.

In total, Capitol Towers will feature 480,000 square feet of office space and 35,000 square feet of retail space. Phase I was recently completed, and includes the 236,250-square-foot South Tower, a parking deck and approximately 25,000 square feet of retail space.

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

www.capitoltowers.com.

Emerson International Negotiates New Lease at its Class A Office Campus at Sanlando Center in Longwood, FL

Zac Starkey

Longwood, FL -- Emerson International recently closed on a new lease of 2,021 rentable square feet of class A office space at Sanlando Center I, its office development at 2170 W. State Road 434, West of Interstate 4 in Longwood.

Zac Starkey, broker associate at Emerson International, negotiated the transaction on behalf of the landlord Emerson. 

The new tenant is General Conference Corporation of Seventh-Day Adventists, a worldwide organization.     

Emerson International is a wholly owned subsidiary of The Emerson Group, the global corporation that is one of the largest privately-owned property development companies in the U.K. 

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

HFF arranges $39.5 million refinancing for Pittsburgh power center

Village Square Retail Center, Bethel Park area, Pittsburgh, PA

 

Claudia Steeb

PITTSBURGH, PA, Oct. 19, 2016 – Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has arranged a $39.5 million refinancing for Village Square, a 392,497-square-foot, fully-leased retail power center in the Bethel Park area of Pittsburgh, Pennsylvania.

HFF worked on behalf of the borrower, Oxford Development Company, to place the 10-year, fixed-rate loan with Goldman Sachs & Co.  HFF will service the securitized loan, proceeds of which were used to primarily pay off a maturing loan.

Village Square was built in 1982 and renovated in both 1997 and 2003.  Anchored by Home Depot, Kohl’s, Burlington Coat Factory, Michael’s, Office Depot and Toys"R"Us, the two-story center is also home to a variety of national and regional tenants, including Half-Price Books, Sten’s Stride Rite Shoes, Famous Footwear and Avenues. 

Additionally, the center’s outparcel pads are leased to Olive Garden, TGI Friday’s, Pennzoil and PA Wine & Spirits.  Situated in Bethel Park on 31.4 acres at 4000 Oxford Drive, Village Square’s locale at the intersection of Fort Couch Road and U.S. Route 19 places it in the heart of Pittsburgh’s South Hills, one of the most densely populated and affluent areas in Pittsburgh.  The center is approximately 10 miles from downtown Pittsburgh.

John Pelusi

HFF’s debt placement team was led by managing director Claudia Steeb and executive managing director John Pelusi.

“HFF appreciates the opportunity to place this loan on behalf of Oxford Development with Goldman Sachs,” Steeb said. 

Oxford has been active in the South Hills area since 1962 when they broke ground with their inaugural project, South Hills Village Mall, and most recently with the renovation of the Crowne Plaza Hotel & Suites Pittsburgh South.  

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

Kristen M. Murphy

Director, Marketing

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.oxforddevelopment.com

HFF hires Brett Segal as a managing director in its Philadelphia office

  

 

Brett Segal

 PHILADELPHIA, PA, Oct. 19, 2016 – Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has hired Brett Segal as a managing director in its Philadelphia office.  Mr. Segal will focus on office investment sales in Greater Philadelphia and throughout the northeastern United States.

Mr. Segal has more than 10 years of commercial real estate experience and joins HFF from Newmark Grubb Knight Frank, where he was a director of capital markets in their Philadelphia office.

 In this role, he specialized in the sale of office, industrial, retail, multi-housing and development sites with more than $1.4 billion of closed transactions totaling more than 10 million square feet. 

Prior thereto, Mr. Segal was an asset manager for institutional clients at Grosvenor Fund Management, where he managed separate accounts for various domestic pension funds and international clients. 

His diverse real estate career began as an auditor at KPMG specializing in REITs and insurance companies.  Mr. Segal holds a Master of Business Administration degree from Villanova University and a Bachelor of Science degree from The Pennsylvania State University, Smeal College of Business. 

Doug Rodio

HFF’s Philadelphia office opened with five employees in 2013, and today has a total of 24 transaction professionals, analysts and support staff for an increase of roughly 420 percent.

“Brett is one of the most respected leaders in the Philadelphia commercial real estate industry and we are extremely excited to have him on the HFF team,” said Doug Rodio, senior managing director and co-head of HFF’s Philadelphia office.

 “We’ve quickly but methodically grown the Philadelphia office with best-in-class recruits that embody the HFF culture of teamwork and putting our clients first.  Brett is a perfect cultural fit and we are pleased to have him on board.”

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

Kristen M. Murphy

Director, Marketing

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

The Keyes Company Names Kevin Leonard Vice President of Luxury in Palm Beach, FL

 

Kevin M. Leonard

PALM BEACH, FL,  Oct. 19, 2016 – The Keyes Company and its multiple brands, including Illustrated Properties, has named Kevin Leonard Vice President of its Luxury Division.

 Leonard will be instrumental in the growth of all of Keyes’ luxury platforms and its $1 million-plus luxury residential portfolio.  

Leonard has more than a decade of experience in the luxury sector. He was previously the Director of Luxury Real Estate for Keyes. Leonard is now moving into a newly created position that focuses exclusively on luxury.

Prior to working for Keyes, Leonard headed his own company called Valore Group Real Estate. He started the company in his mid-20s at the height of the recession.

“Kevin has done a tremendous job of executing and scaling our luxury division,” said Keyes CEO Mike Pappas. “It was a pivotal point in the company’s history when we brought him on, and he has continued to strengthen our position in the luxury market.”

Mike Pappas

“I’m very excited for the opportunity to be in charge of this division and focus on growing it even further,” said Leonard. “Keyes is committed to providing white-glove service for our luxury clients. The South Florida luxury market is in a healthy place right now, as the needs of both the deal-oriented and worth-oriented buyers are being met.”

In 2011, Leonard decided to join forces with Keyes. Serving Palm Beach since its launch a decade ago, Valore Group has seen consistent double-digit growth in luxury sales each year.

Independently-owned and operated since its founding in 1926, Keyes is extremely active in luxury residential real estate. In addition to Valore Group, Keyes has Platinum Properties, which is also a division of Keyes Luxury. The combined companies are a premier luxury leader.

Keyes annually sells $650 million in luxury homes priced at $1 million or more. The company expects to grow its annual sales velocity in that category to more than $1 billion.

Keyes is a Founding Member and Shareholder of Leading Real Estate Companies of the World®, a global network of more than 550 premier real estate firms encompassing 4,000 offices and more than 128,000 Sales Associates in 55 countries.

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

Ashley Fierman

Account Executive, BoardroomPR

afierman@boardroompr.com

O 954-370-8999

C 954-330-1554

Bank of America Plaza | 1776 N. Pine Island Road

Suite 320 | Plantation, FL 33322

EagleBridge Capital Arranges $9.5 Million Permanent Mortgage Financing For Boston Apartment Complex

8-12-16 Harvard Terrace, Allston Neighborhood, Boston, MA

Boston, MA -- EagleBridge Capital has arranged permanent mortgage financing in the amount of $9,500,000 for 8-12-16 Harvard Terrace located in the Allston neighborhood of Boston.

The mortgage financing was arranged by EagleBridge principals Brian D. Sheehan and Ted M. Sidel who stated that the loan was provided by a major commercial bank.

The apartment complex is composed of three attached luxury apartment buildings which were completely renovated with the renovation completed in 2016 and are 100% leased.

The buildings contain a total of 24 spacious apartments composed of 18 three bedroom/two bath units and 6 two bedroom/one bath units. 

The units feature luxury finishes with hardwood floors and fully equipped designer kitchens with stainless steel appliances, granite countertops, and contemporary cabinetry. Each unit has a private balcony or patio.

Brian D. Sheehan

Located on a quiet street in the heart of Allston Village, 8-12-16 Harvard Terrace is within easy walking distance of area shops, cafes, restaurants, and pubs and is within close proximity to downtown Boston, the Longwood Medical area, and Cambridge.    The location of the complex offers easy access to public transportation as well as the Massachusetts Turnpike which is less than five minutes away.

Ted M. Sidel

EagleBridge Capital is a Boston-based mortgage banking firm specializing in arranging debt and equity financing as well as joint ventures for apartment, industrial, office, and  r & d buildings, shopping centers,  hotels, condominiums and mixed use properties as well as special purpose buildings.

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

Stanley J. Sidel

Senior Advisor

EagleBridge Capital

33 Broad Street

Boston, MA 02109

Tel: 617-292-7177 Ext. 300

FAX: 617.292.7575

www.eaglebridgecapital.com