Historic 14-Bedroom Bremner Biscuit Mansion Compound in Chicago's Hyde Park Area Attracted Celebrity Neighbors; Now Selling for $2.5 Million

  

Bremner Biscuit Co. Family Mansion in Hyde Park Neighborhood, Chicago, IL

Photo credit: Vis-home                     Source: www.koenigrubloff.com

CHICAGO, IL --The Bremner Biscuit Company has been making crackers, including its original wafer, since before the wafer was created by the founder’s sons in 1902.

David F. Bremner Sr.

Owned by David F. Bremner Sr., his business became well known when he moved his company from Cairo, Illinois to Chicago in order to supply his crackers to victims of the Great Chicago Fire, still on grocery shelves today.

The Bremner family’s three-story mansion, located just down the street from President Obama’s home, was recently placed on the market at $2.15 million, according to TopTenRealEstateDeals.com

President Barack Obama

Located only a few blocks from the park shoreline of Lake Michigan in the Hyde Park-South Kenwood neighborhood, the home was designed in 1899 by Benjamin Marshall who had created many of Chicago’s most palatial residences and the Drake and Blackstone Hotels.

Amelia Earhart

The classic-brick-Colonial mansion of 11,097 square feet has everything modern day houses have lost - huge rooms and even a ballroom with rooms able to serve multiple purposes.

Mary Todd Lincoln

The home has nine bedrooms and seven baths with all the original architectural details in place on a manicured corner lot, plus an updated five-bedroom coach house - 14 bedrooms in total.

Hugh Hefner

Family reunion comes to mind with so much space available to house guests overnight with large-group entertainment space in the third-floor ballroom.

Attractive elements of the past craftsmanship can be admired in the high, ornate plaster ceilings, mahogany moldings, paneling and wainscoting.

Mahalia Jackson 

The grand-circular entrance foyer repeats the configuration on the second-floor landing.

The first floor contains the formal rooms and large library with built-in bookcases and kitchen; the second floor has six bedrooms and four baths and the third floor has three bedrooms, two baths, the ballroom-recreation room and a den. There is also a full basement.

 Muhammad Ali

The Bremner Biscuit Company continued their baking operation in Chicago until 1984 when the family moved the company to Denver, Colorado where it still manufactures Bremner Wafers today.

Although they sold the company in 1999 to Dare Foods, David Bremner’s fifth-generation grandson, Neil, runs the company’s baking division.

Shirley Walker 

Chicago’s Hyde Park neighborhood is just a few miles south of Downtown Chicago with large homes and tree-lined streets attracting notable residents such as the Obama family, Amelia Earhart, Mary Todd Lincoln, Hugh Hefner, Mahalia Jackson and Muhammad Ali.

It was the site of the famous 1893 Chicago World’s Fair that included the world’s first Ferris wheel and first moving sidewalk. Still standing and used today from the fair is the popular Museum of Science and Industry building.

Bremner Mansion Dining Area

One of Chicago’s historic mansions steeped in nostalgia for fans of the classic Bremner Wafer, on the other end of the block from the Obama’s Chicago home, is now for sale, priced at $2.15 million.

The listing agent is Shirley Walker of Berkshire Hathaway’s Koenig Rubloff Realty Group, Chicago, Illinois.

CONTACT:

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

Taylor Morrison / Blackton Multi-Year Engagement Extended by Another 800 Homes at Bellalago in Kissimmee, FL

Micky Blackton

ORLANDO, FL and KISSIMMEE, FL  – Blackton, Inc., the Orlando-based supplier for the home building industry won another bid from Taylor Morrison for 800 homes they plan to build at Bellalago in Kissimmee.    

Micky Blackton, chief executive officer, said Blackton will provide all the flooring materials for Taylor Morrison’s Mediterranean-style homes at the upscale community with homes ranging from 2,117 square feet to over 5,200 square feet.   

Earlier this fall Blackton announced the family-owned firm had collected four other contracts this year from Taylor Morrison all to provide flooring at communities in Osceola County and budgeting over 300 homes per year by the homebuilder.

Besides Bellalago Taylor Morrison communities in Osceola County also include Hickory Grove in St. Cloud , Reedy Reserve, Solivita and Stepping Stone in Kissimmee .

“There’s been an uptick in home buying in Osceola County prompting more community homesites getting underway sooner than initially projected,” Blackton said. 

Photo provided by Blackton Inc.

Work will get underway on models as soon as permits are received and Blackton is already underway with flooring installations at the other four communities.  

Blackton, Inc. a family owned business located on Alden Road near downtown Orlando has been supplying the home building industry from Jacks onville to Tampa for over 60 years.

CONTACTS:

Michael “Micky” Blackton, Chairman, Blackton, Inc. 

407-898-2661 Micky@Blacktoninc.com

Beth Payan, Larry Vershel Communications 

407-644-4142 beth@larryvershel.com  

Native Realty Closes Two Sales in South Florida for More Than $4 Million

Sara Dorfman

FORT LAUDERDALE, FL,  Oct. 24, 2019 – Native Realty, the pioneering Fort Lauderdale-based real estate firm led by Founder and CEO Jaime Sturgis, continued a banner year with the closing of property sales in Fort Lauderdale and Pompano Beach for a combined $4.1 million.

 In Fort Lauderdale’s popular Victoria Park, Sturgis and Native’s Sara Dorfman arranged the $2.11 million sale of the mixed-use “Acque Celesti” site at 900-910 NE 20th Ave.

Dan Ross 

The site includes three retail shops, the Hummus House restaurant, three apartment units and two deep-water slips that can accommodate mega-yachts.

 F&B Waterfront, LLC, which is managed by an Austrian investor, is the buyer. The transaction closed on Oct. 16.

 In Pompano Beach, which has been experiencing significant growth and development in recent years, Sturgis and Native’s Dan Ross brokered the $1.95 million sale of a 9,422-square-foot retail and restaurant building at 2715 E. Atlantic Blvd – just west of the Intracoastal Waterway.

Jaime Sturgis

HIP Atlantic 2715 LLC sold the property to 2715 East Atlantic LLC, a local investor.

 Elsewhere in Pompano Beach, Sturgis is marketing for sale 7,358 square feet of office space on the ground floor of the Plaza at Oceanside at 1 N. Ocean Blvd.

 “These successful transactions are a testament to our team of dedicated Investment Sales specialists,” Sturgis said. “Sellers of commercial real estate in core Broward County markets are increasingly turning to Native to help them maximize their returns.”

 CONTACT:

Eric Kalis

Vice President

 BoardroomPR

ekalis@boardroompr.com

O 954-370-8999

C 305-794-5123

Bank of America Plaza | 1776 N Pine Island Road

Suite 320 | Fort Lauderdale, FL 33322

Web | Facebook | LinkedIn | Twitter | Instagram

www.nativere.com

JLL closes sale of suburban Chicago retail center

Janice Sellis

CHICAGO, IL – JLL announced it has closed the sale of Mallard Crossing, an 80,708-square-foot, ALDI-anchored retail center in the northwestern Chicago suburb of Elk Grove Village, Illinois.

JLL represented the seller, IRC Retail Centers LLC, and procured the buyer, a vehicle sponsored by AmCap Management LLC.

Mallard Crossing Shopping Center, Elk Grove, IL

Mallard Crossing features market-leading anchor tenants Aldi, Ross Dress for Less and Dollar Tree, all of which signed long-term leases within the past year. Non-owned tenants at the property include Walmart and McDonald’s. 

The property was recently renovated to include improvements such as a new roof, parking lot and façade modernization.

 Located at 851-933 Meacham Road, the property is at the northeast corner of Meacham and Nerge Roads, which is visible to more than 38,000 vehicles per day.

 The town of Elk Grove Village is immediately adjacent to O’Hare International Airport and near the nation’s largest industrial park consisting of 62 million square feet of space and more than 5,600 businesses. 

The center is in an affluent neighborhood with more than 80,000 residents earning an average annual household income of more than $100,000 within a three-mile radius.

The JLL Capital Markets team that represented the seller was led by Executive Vice President Janice Sellis.

For more news, videos and research resources on JLL, please visit the firm’s U.S. media center Web page: U.S. newsroom.

Contact:

 Olivia Hennessey, JLL Public Relations Specialist 

Phone: +1 713 852 3403

Email: Olivia.Hennessey@am.jll.com

 ircretailcenters.com
jll.com
amcap.com.

Two Time-Honored Businesses Sign on at Monroe CommerCenter in Sanford, FL to Expand and Relocate

Mary Frances West

SANFORD, FL -- NAI Realvest | Charles Wayne Commercial completed new lease agreements for flex space at Monroe CommerCenter South in Sanford with two established enterprises who have each been operating more than 30 years. 

 Melbourne-based Keller, Schleicher & MacWilliam Engineering and Testing, Inc. leased 2,000 square feet at 723 Progress Way at Monroe CommerCenter to expand into Central Florida due to growth of its client base.

Monroe CommerCenter South, Sanford, FL

 American Radio, Inc. leased 2,500 square feet at 4170 Incubator Court at Monroe CommerCenter.  

The firm that provides car dealerships with radios, accessories and professional installation is headquartered in the Atlanta-area and is relocating its central Florida operation from Longwood to Sanford.

 Mary Frances West, CCIM, Vice President at NAI Realvest brokered both leases on behalf of the Daytona Beach-based landlord, CWP Monroe Investors, LLC and Ocala North Partnership LLC as TIC. 

CONTACTS:

Mary Frances West, CCIM, Vice President, NAI Realvest ,

 407-875-9989 mwest@realvest.com

Patrick Mahoney, President / CEO, NAI Realvest,

407-875-9989 pmahoney@realvest.com

Beth Payan, Larry Vershel Communications

407-644-4142 beth@larryvershel.com

www.NAIRealvest.com.

Passco Cos. Continues to Grow Texas Portfolio with Acquisition of 313-Unit Luxury Community in New Braunfels, TX

Lakeview Villas, a 313-unit luxury community in New Braunfels, TX

Jake Niles

New Braunfels, TX — Passco Companies, a privately held California-based commercial real estate company that specializes in acquisition, development, and property and asset management throughout the U.S., has acquired its fourth multifamily asset in the state of Texas within six months: Lakeview Villas, a 313-unit luxury community in New Braunfels.

Jordan Featherston

The community benefits from a prime location in New Braunsfels, which has been recognized as the second fastest-growing city in the nation for the past two years, according to Jake Niles, Director of Acquisitions – West at Passco Companies.

“This opportunity to acquire this asset in a rapidly expanding city is perfectly aligned with our investment strategy of purchasing top-class multifamily properties in locations with strong long-term outlooks,” explains Niles, noting that the population of New Braunfels has increased by 58% since 2000 and at a rate of 7.2% between July 2017 and July 2018 alone. 

Drew Garza

“With an average of 15newpeople moving to town each day last year, the city has become a hub of growth in the heart of the Texas Hill Country.”

Will Balthrope, executive managing director, Jordan Featherston, senior associate, and Drew Garza, senior associate, all with Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), represented the seller, Koontz Corporation, in the transaction.

Niles notes that many residents are drawn to the submarket because it features tranquil surroundings of rivers, lakes, and extensive areas of greenery, while still offering close proximity to Interstate 35 and under-40-minute commutes to the two major metropolitan areas of San Antonio and Austin.

Will Balthrope

“New Braunfels is becoming a key location for those who work in San Antonio or Austin but enjoy quieter and spacious living options,” confirms Niles. “Additionally, recent and upcoming deliveries of retail, office, and mixed-use product are bringing more jobs and convenience to the immediate area, further increasing interest in the city.”

Despite the influx of commercial development, the pipeline for multifamily remains low, driving up the value of quality assets like Lakeview Villas. The community’s location within the award-winning Comal Independent School District and close proximity to the Gruene Historic District are also attractive to potential residents, notes Niles.

“The offering process was extremely competitive for this asset, with several potential buyers involved,” continues Niles. “Based on our diligence, strong industry relationships, and experience in investments with similar profiles, we were ultimately able to bolster our portfolio with this excellent addition.”

Poolside, Lakeview Villas, Braunfels, TX

Lakeview Villas offers an impressive array of community amenities including a resort-inspired pool with tanning ledge and outdoor kitchen, poolside lounge and fire pit, state-of-the-art fitness center, tanning beds, and a resident clubhouse. It also features a lake on the grounds, surrounded by a walking trail, which can be seen from most units.

The community’s one and two-bedroom units feature stainless steel appliances, hardwood-style flooring, granite countertops, brushed nickel hardware, gooseneck faucets in the kitchen, and private detached garages.

The property is located at 2090 Sundance Parkway in New Braunfels, Texas.

Contacts:

Micaela Fehrenbach / Elisabeth Manville

Brower Group

(949) 438-6262

mfehrenbach@brower-group.com

JLL advises on sale of Carolina Springs, NC master-planned community

Sarah Godwin

CHARLOTTE, NC – JLL announced  it has advised on the sale of the approximately 400-acre Carolina Springs, a fully entitled, master-planned development site zoned for residential and commercial in the Raleigh-area community of Holly Springs, North Carolina.

Capital Properties of Raleigh, Shenandoah Homes and Lennar Corporation partnered to purchase the property.

Justin Good

Carolina Springs is a fully entitled master-planned community totaling approximately 400 acres, which is being developed by Capital Properties of Raleigh, Shenandoah Homes, and Lennar Corporation. 

The site is zoned for up to 1,700 residential units and 1.02 million square feet of commercial space, and is located within the top-rated Wake County Public School System. 

The site is also proximate to other successful communities, including 12Oaks, Stillwater and Woodcreek, all of which have contributed to the Wake County/Holly Springs area’s rapid economic expansion and population growth. 

Carolina Springs will provide excellent connectivity to employers in Research Triangle Park and Downtown Raleigh via the nearby US-1/Interstate 540 interchange.

John Mikels

The JLL Capital Markets team of Managing Director Justin Good, Director Sarah Godwin and Senior Associate John Mikels amassed the purchase team and advised on the deal structure between the parties.

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. 

The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment advisory, debt placement, equity placement or a recapitalization. 

The firm has more than 3,700 Capital Markets specialists worldwide with offices in nearly 50 countries.

For more news, videos and research resources on JLL, please visit the firm’s U.S. media center Web page: U.S. newsroom.

Deal secured by Holliday Fenoglio Fowler LP (“HFF”) prior to being acquired by JLL on July 1, 2019. Co-brokerage services provided by Jones Lang LaSalle Americas, Inc.

Contact:

Olivia Hennessey, JLL Public Relations Specialist 

Phone: +1 713 852 3403

Email: Olivia.Hennessey@am.jll.com

 www.lennar.com.

jll.com.