Thursday, September 28, 2017

Hold-Thyssen Negotiates 4 New Office/Flex leases for more than 10,771 Square feet at Kirkman Commerce Center in South Orlando, FL


 
Alex Rowlinson
WINTER PARK, FL --- Hold-Thyssen, Inc., a full service commercial property firm based in Winter Park, negotiated four new office/flex leases for a total of 10,771 rentable square feet at Kirkman Commerce Center, 701 S. Kirkman Rd. in South Orlando.

The Hold-Thyssen Associates Alex Rowlinson and Troy Stevens represented the south Florida-based landlord /owner of the commerce center in the lease agreements.  

Rowlinson negotiated the lease of 7,200 square feet with Top Build (NYSE) a leading distributor and installer of insulation products to the U.S. construction industry.  Rowlinson and Stevens negotiated lease agreements with the following additional new tenants at Kirkman Commerce Center:

 Rebel Corp Global, a leading provider of merchant services, retail inventory management systems, custom web design and software development, leased 1,672 square feet; Primerica Financial Services, Inc., which specializes in investments, a variety insurance products leased 891 square feet; and Ingenious Culinary Concepts, a company that supplies K-12 school cafeterias with healthy and alternative lunch options, leased l,008 square feet. 

Hold-Thyssen, Inc. provides commercial property brokerage and leasing and management services to institutional and private investor clients nationwide.  The 40-year old firm’s current portfolio includes more that 100 commercial properties throughout the United States.

For more information about this press release, please contact

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


Healthcare Executive Andrew Hoover Joins Meridian as Vice President of Business Development


Andrew Hoover
SAN RAMON, CA - Meridian, a full-service real estate developer specializing in acquiring and developing real estate facilities for the healthcare sector, announced  senior healthcare executive Andrew Hoover has been hired as Vice President of Business Development.

Hoover will play a leadership role in business development and facility acquisition for Meridian’s portfolio of major medical industry clients in the Southern California market. He will be based in the firm’s Irvine, California office.

"We’ve been building our Southern California team and Andy Hoover is the perfect addition to execute Meridian’s growth plans," said John Pollock, Chief Executive Officer of Meridian. 

"Hoover’s healthcare provider experience at Providence St. Joseph Health where he held various leadership roles within their real estate division brings a wide-ranging healthcare skillset to our organization that will be instrumental in further developing our Southern California presence.”

In his new position, Hoover will be assisting Meridian’s healthcare group in business development and asset management, using his experience in healthcare expansion, leasing and operations to bring a greater focus to the client services function at Meridian’s Southern California office.

John Pollock
 “With over 19 years of experience in healthcare real estate, Andy has profound insight into the various components that drive healthcare development today,” said Pollock. “His outstanding track record shows his commitment to excellence in client services and we’re looking forward to utilizing his expertise to further expand our out-patient portfolio in Southern California and beyond.”

"I am excited to be joining the Meridian team,” said Hoover. “Meridian is highly recognized as an industry leader in the healthcare sector and has the best people and the best resources to deliver prime real estate solutions to the industry. I’m looking forward to using my experience in and knowledge of the healthcare industry to add value to Meridian’s already stellar client services focus.”

A graduate of University of Southern California (USC), Hoover served in a number of roles at Providence St. Joseph Health in Torrance, California. Hoover’s start at Providence involved joining the team that organized the Southern California real estate department. Hoover played key roles in several large acquisitions, assisting and identifying the real estate obligation for the Facey Medical Foundation and Providence St. Joseph’s acquisitions. 

For more information on this press release, please contact:

Rivergate KW Residential Hires Eddie Yarmer as Senior VP of Operations


Eddie Yarmer

MIAMI, FL,Sept. 28, 2017 - RIVERGATE KW RESIDENTIAL, a leading multifamily property management company, has announced the hiring of Eddie Yarmer as Senior Vice President of Operations for the Florida, Georgia and Texas markets. In this role, he will be responsible for overall property operations, execution of corporate strategy and business development.

Yarmer is well-versed in all phases of development, management and dispositions through his extensive experience in multifamily markets.  He is a seasoned professional in luxury high- and mid-rise mixed-use developments in both core and urban areas, and also brings exceptional expertise in managing value-add projects.

Additionally, Yarmer has a proven track record in effectively working and consulting with developers throughout the design stage of assets, including floor plan, amenity review and pricing strategy. Recognized in the industry for his outstanding people skills, Yarmer is a Certified Apartment Manager (CAM) and is a Certified Property Manager (CPM) through the Institute of Real Estate Management (IREM).

“We are pleased to welcome Eddie to the RIVERGATE KW RESIDENTIAL family,” said Marcie Williams, president of RIVERGATE KW RESIDENTIAL. “His previous work has been outstanding, and I have no doubt that our partners and residents will greatly benefit from the experience he brings.”

Prior to joining RIVERGATE, Yarmer served as Managing Director for Greystar Real Estate Partners, overseeing approximately 16,000 units. He possesses a wealth of industry experience and knowledge, having also worked with firms such as Gables Residential, ING Clarion and Archstone-Smith.

Marcie Williams
In the past few months, RIVERGATE KW RESIDENTIAL has enjoyed substantial growth in the South Florida market, having taken over the management of Vue at 1400 in West Palm Beach, Circ Residences in Hollywood, 2500 Biscayne, ArtSquare in Hallandale Beach and Yoo in Atlanta.

“I am thrilled to begin working with the RIVERGATE KW RESIDENTIAL team,” said Yarmer. “The company is known for delivering top-quality management, and I look forward to being part of its continued growth and success.”

For more information on this press release, please contact:

Eric Kalis, BoardroomPR
954-370-8999

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Daum Commercial Directs Sale of 8.9 Acre Land Site in Los Angeles, CA Basin


Dennis Sandoval
IRWINDALE, CA – DAUM Commercial Real Estate Services has completed the sale of an 8.9-acre land site in Irwindale, California on behalf of the seller, Harrison Nichols Company. The parcel is one of just a few of its size in the Los Angeles Basin region, according to Dennis Sandoval, Executive Vice President at DAUM Commercial.

“With limited infill land sites in the supply-constrained region, the opportunity to acquire this property proved very appealing to several developers,” explains Sandoval, who directed the disposition with Tom Phelan, a Vice President at DAUM. “San Gabriel Valley’s industrial vacancies are holding in the low-2-percent range, so this is an investment that will prove highly valuable for the buyer.”

The buyer, privately-owned industrial real estate developer CenterPoint Properties, will benefit from the site’s existing lease with UPS, as well as its potential for future development, according to Sandoval.

“This property was well positioned for sale based on our team’s long history of work with the seller – a family-run, Southern California-based long-term truck hauling business,” he explains.

“DAUM established a deep relationship with Harrison Nichols Company and served as their corporate real estate consultants and a single point of contact on valuations, lease renewals, and personal investments for several years. Based on this tenure, we were uniquely positioned to understand our Client’s goals, and to identify a buyer and structure a transaction that maximized value for the site.”

The land, which housed the seller’s operations for more than 40 years, is currently leased to United Parcel Service (UPS) for vehicle storage. DAUM assisted in negotiating the lease with UPS in 2015.

Tom Phelan
“By securing this lease, we were able to offer buyers the opportunity to purchase one of the few available parcels of land in the highly-developed and desirable Los Angeles Basin with the added benefit of an in-place lease with a Fortune 100 company,” Sandoval notes.

In the long term, the buyer plans to utilize the land for an industrial development. Until then, the existing lease with UPS will help to supplement the cost of the parcel, according to Sandoval.

The property, located at 5265 4th Street in Irwindale, California, was acquired for $9.8 million. Mike Fowler of JLL represented the buyer in this transaction.

For more information on this press release, please contact:

Lauren Burgos ·
Junior Account Executive
O 949 955 7940
Brower, Miller & Cole
The Smart Agency™ for Smart Clients who want Smart Work
895 Dove Street, Third Floor · Newport Beach, CA 92660
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