Pollack Shores Finalizes Plans for The Everett in Suwanee, GA

The Everett, a new mixed-use apartment community
at 4255 Suwanee Buford Dam Road in Suwanee, GA

ATLANTA, GA  – Multifamily developer and investment firm Pollack Shores Real Estate Group announced it purchased the land for The Everett, a new mixed-use apartment community located at 4255 Suwanee Buford Dam Road in Suwanee, Georgia. 

The development is located within walking distance of Suwanee Town Center, Brushy Creek Greenway and numerous other walking and biking trails in one of metro Atlanta’s fastest-growing suburbs.

Steven Shores

Pollack Shores will break ground on The Everett this month, with first units scheduled to deliver in August 2020. 

The 276-unit community features a 2-acre greenspace and a mix of street-level retail and restaurants that complement the Town Center. 

The project addresses growing demand for walkable communities that blend urban-style amenities with suburban convenience.

According to a recent report by the Atlanta Regional Commission, Gwinnett County’s population continues to outpace the rest of metro Atlanta, with more than 400,000 people expected to move to the county in the next 20 years. 

Suwanee is a popular choice for many new residents, with the city making multiple appearances on CNN Money’s annual “Best Places to Live” national ranking.

“Pollack Shores focuses on building communities that join residents with vibrant neighborhoods like that of Suwanee,” said Steven Shores, President and CEO of Pollack Shores. 

“We believe these intentional connections to walkable retail, restaurants and greenspace offer a higher quality of life for our future residents.”

Brian Oates

“The ability for residents to enjoy immediate access to Brushy Creek Greenway and link up with more than 16 miles of Suwanee and Gwinnett County walking and biking trails is a differentiator,” said Brian Oates, Managing Director of Development at Pollack Shores. 

“We’re excited to become a part of the community, and anticipate great interest when pre-leasing commences next year.”

Less than a ten-minute walk away, the award-winning Suwanee Town Center and 10-acre green includes more than 100,000 square feet of retail space and 87,000 square feet of office space, along with large open areas, an interactive fountain and a performance stage with a 1,000-seat amphitheater.

CONTACTS:

Emma Lynch · Account Coordinator

1718 Peachtree St., Suite 1048 · Atlanta, GA 30309

M: 770-826-8155

www.thewilbertgroup.com

Media Contact:

Nick Banaszak

The Wilbert Group

256-457-5384 (C)

nbanaszak@thewilbertgroup.com

pollackshores.com/.

matrixresidential.com/.

Adam Lambert’s Hot Hollywood Hills Pad for Sale at $3.35 Million

Adam Lambert's 3,799-SF Hollywood Hill, CA House on market
for $3.35 million

     Photo credit: Compass                     Source: www.compass.com

HOLLYWOOD HILLS, CA -- Delivering a blend of contemporary sound and theatrics, Adam Lambert’s style has propelled him from an American Idol superstar singer-songwriter into an international celebrity, according to TopTenRealEstateDeals.com.

Adam Lambert

 The house he bought in 2009 that overlooks the Sunset Strip, the same year he appeared on American Idol, reflects his personality along with his penchant for drama.

Leonardo DiCaprio

Now traveling the world almost full-time performing in tours and major guest appearances, the Grammy-nominated vocalist has recently put his West Hollywood Hills home on the market for $3.35 million.

Keanu Reeves

Enjoying a view of Los Angeles city lights, the 3,799-square-foot house is surrounded by lush greenery, is very private and has a disappearing glass wall that opens to a large terrace that includes an outdoor living room, fire pit and contemporary free-form pool and spa with various depths for lounging, swimming or sharing a glass of wine in the spa with friends.

Halle Berry

 The master suite has two balconies, a sitting room, a huge dressing room and marble bath with steam shower and soaking tub.

Night lighting brings added drama to the pool deck and a party atmosphere. Built in 1947, the three-bedroom, four-bath house has undergone impressive updates over time.

 In addition to formal and family rooms, there is a chef’s kitchen with Viking appliances and large island, custom wine storage and a separate studio with private entrance.

Hollywood Hills has been a celebrity magnet for as long as the film industry has existed and Lambert chose his home location well.

Neighbors include Leonardo DiCaprio, who bought two extra lots and built a huge basketball court, Keanu Reeves, Halle Berry and many of the up-and-coming stars.

Though Lambert hit the big time when he appeared on American Idol in 2009, his career began in 2001 as a cruise ship entertainer.

From there he performed in musical theater in California and on a European tour of Hair. With his appearances on American Idol, he began generating international recognition and toured with Queen + Adam Lambert, from which he is taking a short break.

In May, the group announced the expansion of The Rhapsody Tour to include seven stadium dates in Australia and three in New Zealand.

Tomer Fridman

In 2020, Japan and South Korea will be included. Between writing and recording, cutting albums, world tours and guest appearances filling in all the time spaces, it’s not surprising that he has no time to kick back in his Hollywood Hills home.

Singer-songwriter Adam Lambert is best known for his appearance on the talent series American Idol and his Grammy-nominated song, Whataya Want From Me,

Jonathan Siegfried

Listing agents are Tomer Fridman and Jonathan Siegfried of Compass, Los Angeles.

CONTACT:

Genelle C. Brown
Content Manager, Media Division
TopTenRealEstateDeals.com
Phone:  434-480-4504
Twitter:  @toptenrealestat
facebook.com/toptenrealestat  

Arbor Funds $2.5 Million Freddie Mac Small Business Loan (SBL) in Brooklyn, NY

Geoffrey Platt

                                     

UNIONDALE, NY (– Arbor Realty Trust, Inc. (NYSE:ABR), a leading multifamily and commercial mortgage lender, recently funded a Freddie Mac Small Business Loan (SBL) in New York City. The property received $2.5M in cash-out refinancing through the program. 

18A Bleecker Street 
 Bushwick neighborhood
Brooklyn, NY

Geoffrey Platt of Arbor’s New York City office originated the loan.

“18A Bleecker Street is an impressive apartment building in a desirable New York City neighborhood and is yet another example of Arbor’s skill in meeting our borrowers’ needs and satisfying clients in some of the most thriving neighborhoods in the country,” Platt said.

Built in 2017, 18A Bleecker Street is a four-story, eight-unit property located in the heart of the Bushwick neighborhood in Brooklyn, New York. It is a newly constructed building on a quiet block with modern amenities and terraces.

Contact:

Bina Handa

Tel: 516.506.4229

bhanda@arbor.com

NAI Realvest Negotiates $4 Million Acquisition of High Profile Building In South Orlando, FL Attractions Area for HQ of Disney Gifts Outlet

Paul P. Partyka

ORLANDO, FL – NAI Realvest recently closed on purchase of the 10,600 square foot former World of Denim Designer Outlet, which has been used as the Disney Gifts Outlet store for the past eight years at 13400 S. Apopka Vineland Rd. directly off of Interstate 4 in South Orlando.   

 Paul P. Partyka, CCIM, MICP, partner, negotiated the sale representing the local buyer Lake Buena Vista Supermarket, Inc. who paid $4,000,000 for the retail building built in 1999. 

Disney Gifts Outlet store 

The building will continue to be used as the flagship Disney Outlet and Gift Store. The growing enterprise with five outlet locations in Central Florida , will renovate this store to have more hi-tech displays to drive more retail sales.     

The seller was Steinfeld Properties, LLC. 

CONTACTS:

Paul P. Partyka, CCIM, MICP, Partner, NAI Realvest,

407-875-9989 ppartyka@realvest.com

Patrick Mahoney, President / CEO, NAI Realvest,

407-875-9989 pmahoney@realvest.com

Beth Payan, Larry Vershel Communications, 407-644-4142

or 407-461-3781 Beth@LarryVershel.com   

www.NAIRealvest.com.

NAI Realvest Closes on $2.7 Million Sale of Tavares, FL Warehousing Facility with Cold Storage

  

Matt Cichocki 

TAVARES, Fla.  -- NAI Realvest recently closed on the $2,725,000 sale of 42,515 square feet of warehousing in two separate buildings including a 7,000 square foot free-standing freezer building at 200 County Road 448 in Tavares. 

Tavares Property Holdings, LLC, of Windermere , Fla. , purchased the facility for a future business. 

 Situated on a gated 9.46 acre tract, the buildings were constructed in 1982 and 1990, and renovated in 2016.  

 The main building with 35,459± square feet also includes a 10,000 square foot freezer/cooler. 

The NAI Realvest Retail Team of Matt Cichocki and Kevin O’Connor, principals, negotiated the transaction representing the seller, L.D. Plante, Inc. an Altamonte Springs-based business owner.  

 Scott Bell of Tavistock Realty, LLC represented the buyer.

CONTACTS:

Kevin O’Connor

Matt Cichocki or Kevin O’Connor, Principals NAI Realvest,

407-875-9989 mcichocki@realvest.com orkoconnor@realvest.com

Patrick Mahoney, President / CEO, NAI Realvest,

407-875-9989 pmahoney@realvest.com

  

Beth Payan, Larry Vershel Communications, 407-644-4142

or 407-461-3781 Beth@LarryVershel.com   

www.NAIRealvest.com.

JLL arranges $140 million financing for life science development in Somerville, MA's Boynton Yards

Rendering of planned 101 South Street development
in Boynton Yards area of Somerville, MA

BOSTON, MA  – JLL announced it has arranged $140 million in financing for 101 South Street, a 289,000-square-foot, Class A office and lab development in the Boynton Yards area of Somerville, Massachusetts.  

The project is under construction and will represent the largest state-of-the-art lab development in Somerville’s growing life science market.

Jennifer Keller

JLL worked on behalf of the borrower, a joint venture between DLJ Real Estate Capital Partners and Leggat McCall Properties, to secure first mortgage construction financing through Bank OZK. 

 Located one mile from Kendall Square/MIT, the epicenter of the biotech/life science industry, 101 South Street will consist of nine stories of life science space and approximately 13,500 square feet of ground floor retail. 

Brett Paulsrud

The building is scheduled to deliver simultaneously with the planned 2021 opening of the new MBTA Green Line station at Union Square, which is less than a five-minute walk from the project and provides direct access to downtown Boston. 

101 South Street is the first phase of the borrower’s planned mixed-use development for the Union Square/Boynton Yards area of Somerville. 

Deal secured by Holliday Fenoglio Fowler LP (“HFF”) prior to being acquired by JLL on July 1, 2019.

Contact:

 Kristen Murphy, 

JLL Director, Public Relations

Phone: +617 848 1572

Email: Kristen.Murphy@am.jll.com

 jll.com.

 U.S. newsroom.