Wednesday, May 29, 2019

Graycor Delivers Final Phase of 10 West Logistics Center in Phoenix, AZ


10 West Logistics Center, Phoenix, AZ

PHOENIX, AZ– Graycor Construction Company has completed the final phase of 10 West Logistics Center, a Class A master planned bulk distribution park developed by New York Life Real Estate Investors to meet record-high logistics and e-commerce demand in southwest Phoenix. 

Wentworth Property Company serves as the owner’s representative on the project.

Totaling 569,301 square feet, 10 West Logistics Center Phase II is the final building in the 1.3 million-square-foot, two-building 10 West Logistics Center. It will be fully occupied by Amazon, who has committed to the entire building for use as a fulfillment center.

Todd Ostransky
Graycor is managing all tenant improvement construction for Amazon, marking its final contribution to a project that the company began in 2014 with the construction of 10 West Logistics Center Phase I. 

Totaling 660,000 square feet, Phase I is a Class A building that, at completion, earned the Best of NAIOP 2016 Spec Industrial Project of the Year award.

“The first building at 10 West was recognized for its modern amenities and location, and Phase II offers these same advantages – in a market where demand for strategically developed, premier distribution space remains in incredibly high demand,” said Todd Ostransky, Graycor Construction Company Vice President of the Southwest Division. “We are honored to bring the balance of this key development to fruition.”

Located on the northwest corner of Van Buren Street and 59th Avenue (a future site of the Loop 202 freeway), 10 West building amenities include a 36-foot clear height, dock-high and grade-level loading, 200-foot minimum truck courts, ESFR fire sprinklers, energy efficient motion sensor lighting, a fenced and secured yard, and ample car and trailer parking. 

10 West Logistics Center, Phoenix, AZ

The building is divisible down to 100,000 square feet, offering A-1 equivalent zoning and is Foreign Trade Zone approved, creating the potential for significant tax savings.

The 10 West Phase I building is currently 43 percent occupied to Ozburn-Hessey Logistics (OHL), one of the world’s largest logistics firms. Phase II is 100 percent leased to Amazon.

The architect for 10 West Logistics Center is Butler Design Group. Andy Markham, Mike Haenel, Will Strong and Phil Haenel at Cushman & Wakefield serve as the exclusive leasing brokers.

Graycor represents 98 years of building experience and employs more than 1,500 construction experts. 

Totaling 569,301 square feet, 10 West Logistics Center Phase II is the final building in the 1.3 million-square-foot, two-building 10 West Logistics Center. It will be fully occupied by Amazon, who has committed to the entire building for use as a fulfillment center.

Tenant improvement and interior deliveries include Davis at Hayden Ferry Lakeside, StitchFix.com, InEight Hard Dollar and Southland Engineering at Papago Buttes, which was named among the Top 10 Offices in Arizona by AZRE Magazine.

CONTACT:

Stacey Hershauer
focusAZ 
P 480.600.0195


Top Industrial Broker Luis Almeida Joins Lee & Associates Toronto

Luis Almeida


Toronto, Ontario, CANADA, May 29, 2019 – Lee & Associates, the largest broker-owned commercial real estate firm in North America, is growing their Toronto, Ontario office. Luis Almeida, SIOR joins Lee & Associates Toronto as a Partner and Senior Vice President of commercial real estate sales and leasing. 


“Our focus is to grow by recruiting top talent and proven players in the industry,” said Lee & Associates Toronto President Mark Cascagnette.

“Luis will join us as a Partner and as a top industrial producer in the GTA, he is a significant addition to our new company – this is a home run for Lee Toronto.”

Mark Cascagnette

Almeida brings over 10 years of diversified commercial brokerage and real estate management experience, most recently as one of Cushman & Wakefield’s Top 10 Brokers in Toronto.

“The opportunity to join a firm with such a progressive brokerage model is incredibly exciting,” Almeida said. “Lee & Associates offers our employees the opportunity to participate in the company’s financial success.

"We are cultivating an environment and culture that motivates our team to work with everyone’s success in mind. A truly refreshing change compared to most other commission-based sales organizations. As the brokerage community becomes more familiar with our model it will be seen as a true game-changer.”

The Lee & Associates Toronto office opened in April 2019, and “the addition of incredible brokerage talent like Luis Almeida to our new Toronto presence allows us to build a very strong base and makes Lee & Associates a very competitive firm in the important GTA,” said Lee & Associates CEO, Jeff Rinkov, SIOR.

Jeffrey Rinkov
 “We expect to continue to grow our Toronto presence under the impressive leadership provided by Mark Cascagnette. We believe this local leadership and our unique model will be attractive to both clients and outstanding brokerage talent.”

Lee & Associates, which is celebrating its 40thanniversary this year, has put a renewed emphasis on expansion. New office locations over the last five years include Cincinnati, OH; Raleigh, NC; Miami, FL; Seattle, WA; Walnut Creek, CA; Vancouver, BC; Minneapolis, MN; Pasadena, CA; Lehigh Valley, PA; Columbus, OH; Houston, TX; Denver, CO; and Cleveland, OH. 


CONTACT:

Pamela Murphy
Lee & Associates
(832) 315-0219
pmurphy@lee-associates.com

Iranian American Women Foundation (IAWF) is Proud to Announce Anna V. Eskamani as the Keynote Speaker for Women’s Leadership Conference in San Francisco on Sunday, June 2, 2019


AnnaFindingOut2-EmilyWray.jpg
Anna V. Eskamani 

San Francisco, CA —The Iranian American Women Foundation, dedicated to providing a platform for empowerment and connecting Iranian American women locally and globally, is proud to announce history-making State Representative Anna V. Eskamani as a keynote speaker and panelists for Women’s Leadership Conference in San Francisco on Sunday, June 2, 2019, at the San Francisco Airport Marriott Waterfront.  

The theme of the conference is  "Your Action Matters."

Eskamani is an Orlando native and daughter of Iranian immigrants who has worked relentlessly to protect all members of her community through effective advocacy, bold leadership, and smart management. 


Mariam Khosravani

She has been a lifelong community builder, and was elected to serve the great people of Florida State House District 47 on November 6, 2018.

The panel is entitled, "THE IMPORTANCE OF PUBLIC SERVICE & CIVIC ENGAGEMENT IN A DEMOCRACY." 

It is widely acknowledged that citizens, as well as institutions, have a role to play in delivering governance that works and enhances democracy.  

The panel will share feedback from four advocates of Civic Engagement on how best to get our voices heard and to have an effective voice. 



Niaz Kasravi
Panelists include: Anna Eskamani, Niaz Kasravi, Sepi Shyne, and moderator, Maryam Zar.

The conference, which is held internationally from Los Angeles to London, celebrates the diverse achievements of women in the community and also serves as an invaluable networking and learning opportunity to help women advance their careers and enrich their lives in positive ways.

“Iranian American women from all walks of life all have unique gifts that can help empower others to move forward,” says IAWF founder Mariam Khosravani

“Since IAWF was founded in 2012, we have continued to develop and tailor conferences and programs that promote inclusivity and allow women to build bridges to transform their lives and those of the next generations.”

Sepi Shyne

Sharing their expertise and insight through talks and panel discussions, there will be a total of 35 influential, accomplished women. 

Event: Iranian American Women Foundation (IAWF) Women’s Leadership Conference
Date: Sunday, June 2, 2019; 9 a.m.–5 p.m.
Location: San Francisco Airport Marriott Waterfront
Cost: $175; available HERE.

ABOUT IAWF 

Founded in 2012 by philanthropist and development executive Mariam Khosravani, the Iranian American Women Foundation is dedicated to empowering and inspiring Iranian American women of all ages and career paths through its nationally recognized annual Women’s Leadership Conferences.

Maryam Zar

 Thanks to the efforts of the community, the IAWF has expanded its philanthropic efforts by initiating programs to benefit the community it is serving. The goal is to provide a platform for IAWF members to expand on their professional and personal growth.

 For more information, please visit www.iawfoundation.org

CONTACTS:

Roxie Sarhangi
p: 310.663.5229 


HFF secures financing for two apartment communities in suburban Houston, TX


Cortney Cole

HOUSTON, TX,  May 28, 2019 – Holliday Fenoglio Fowler, L.P. (HFF) announces it has secured financing for Shadowbrooke and Silverbrooke, two multi-housing communities totaling 552 units in the southwest Houston suburb of Stafford, Texas.

HFF worked exclusively on behalf of the borrower, Venterra Realty, to arrange two 10-year, fixed-rate loans with interest-only payments throughout the term.  Loan proceeds were used to refinance existing financing that HFF arranged in 2014.

Shadowbrooke and Silverbrooke are located at 1025 Dulles Avenue and 1020 Brand Lane approximately 18 miles southwest of downtown Houston. 

Shadowbrooke Apartments, 1025 Dulles Avenue, Stafford, TX

Shadowbrooke was completed in 2003 and features 240 units that are 92 percent leased.  Completed in 2007, Silverbrooke has 312 units and is 93 percent occupied. 

The properties are adjoined by a private park, including shared amenities such as a jogging trail, sand volleyball court, playground and putting green.  Each community houses its own resort-style swimming pool, hot tubs, clubhouses and fitness centers.

The HFF debt placement team representing Venterra was led by managing director Cortney Cole and analyst John Williamson.

Silverbrooke Apartments, 1020 Brand Lane, Stafford, TX

CONTACTS:

CORTNEY COLE
HFF Managing Director
(713) 852-3500

OLIVIA HENNESSEY
HFF Public Relations Specialist
(713) 852-3403