Sunday, May 31, 2020

Sylvester Stallone Selling His La Quinta Mansion for $3.5 Million


Actor Sylvester (Sly) Stallone's La Quinta, CA Mansion

Photo credit:  Doyle Terry courtesy of Douglas Elliman
Source: www.elliman.com
LA QUINTA, CA -- Sylvester “Sly” Stallone has not only smashed it as a leading actor, but also has an artistic side displayed in his paintings and his good taste in choosing stunning homes and input in their elegant decor, according to TopTenRealEstateDeals.com.
Sylvester “Sly” Stallone
  While retaining bi-coastal residences in Los Angeles and Coconut Grove in Miami, he has recently put his golf club home in La Quinta, California on the market for $3.35 million.


Frank Capra
La Quinta, in suburban Los Angeles, is famous for its abundance of golf courses and where Frank Capra wrote the screenplay for Lost Horizons in 1937 while lounging poolside at the La Quinta Resort & Club.


Kim Kardashian-West
Stallone’s four-bedroom, five-bath, 4,889-square-foot home choice was likely influenced by his Italian ancestry with its Old World Mediterranean style and Caribbean Island touches.

They include double-wooden front doors; walled patio entry; inside rooms that open to the outdoors; vaulted foyer; an arched entrance into a two-story, beamed-ceiling living room with fireplace; and multiple conversation areas. 

Kanye West
Dinners can be enjoyed in the more formal dining room that opens to the rear terrace or in a number of other locations from the large eat-in island kitchen to the outdoor dining spaces and courtyard. 

Attractive features include coved ceilings and arched entryways between rooms with floors of hardwood and tile.  A classic home for entertaining, there is a wine room and outdoor kitchen on private terraces. 


 Kylie Jenner
Upstairs, the master suite has a fireplace, a television that rises at the foot of the bed, large master bath, dressing room and another private terrace with long-distance views to the mountains. 

Outside past the firepit and just steps off the terrace across the grass is a lovely pool and spa, lush plantings, water features and a rock-strewn flowing stream that runs across the property.


Tom Brady

La Quinta has been the host city for a number of prestigious golf tournaments over the years including annually The American Express formerly known as the Bob Hope Desert Classic.

  La Quinta is a celebrity hot spot and has attracted residents such as Kanye and Kim Kardashian-West, Tom Brady and Kylie Jenner.

An actor, director and screenwriter, Stallone is also a prolific painter whose work has been displayed in art museums and galleries in the United States, France, Russia and Switzerland.



Bob Hope

His most recent movie, Rambo: Last Blood, in which he takes on a Mexican drug cartel, opened last fall with box office sales over $91 million so far.

Sylvester Stallone is selling the custom home that he built in 2008 in La Quinta’s golfing community of Madison Club.  Priced at $3.35 million, the listing agent is Josh Reef of Douglas Elliman, Beverly Hills.


CONTACT:

Genelle C. Brown
Content Manager, Media Division
TopTenRealEstateDeals.com
Phone:  434-480-4504

Twitter:  @toptenrealestat
facebook.com/toptenrealestat  

JLL closes $33.5 million sale of Atlanta distribution center

 


 Situated on 32 acres at 2110-2135 Lawrence Avenue East Point,
Creekside Distribution Center is in the geographic core of Atlanta.


ATLANTA, GA – JLL Capital Markets announced  it has closed the $33.5 million sale of Creekside Distribution Center, a 538,500-square-foot, Class A, award-winning urban infill distribution facility in the heart of Atlanta, Georgia.


Dennis Mitchell



JLL marketed the property on behalf of the seller, a joint venture between Solution Property Group and Singerman Real Estate. Summit Real Estate Group purchased the asset, their eighth industrial property in Atlanta since 2014

Creekside Distribution Center is in the geographic core of Atlanta and is five minutes from the intersection of Interstates 85 and 75, placing it with great access to Atlanta’s primary and most traveled interstate.

Britton Burdette

The center is proximate to Hartsfield-Jackson International airport, the world’s most traveled airport.

The JLL Capital Markets team representing the developer was led by Senior Managing Director Dennis Mitchell, Managing Directors Britton Burdette and Matt Wirth and Associate Brent Bono.

 “In conjunction with SPG’s visionary positioning and high-quality execution of this project, the asset’s irreplaceable in-town location near some of Atlanta’s largest value drivers provides the buyer with a great opportunity to add value that will perform excellently for them well into the future,” Mitchell said.

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

 Matt Wirth
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.



Contact:

 Kimberly Steele
 JLL Senior Associate
 Public Relations
Phone: +1 713 852 3420



Dale Earnhardt, Jr.’s Key West Pirate Home Selling for $3.7 Million


                  Dale Earnhardt Jr.

KEY WEST, FL -- Affectionately known by NASCAR fans as the Pied Piper of Daytona, Dale Earnhardt, Jr. is much more than an award-winning, race-car driver, but also oversees a myriad of businesses that would exhaust most top business-school grads, according to TopTenRealEstateDeals.com.
One of his most successful new ventures is restoring historical Key West houses, preserving their original charm, adding modern features that make the homes comfortable and even introducing whimsical features.
                                            Dale Earnhardt Sr.
His latest work, designed with a hat tip to the island’s pirate days, is in the Old Town neighborhood near the Mallory Square and Duval Street shops, trendy bars, cool restaurants, parades and street entertainers - priced at $3.7 million.
          Amy Earnhardt

Having semi-retired in 2017 after 21 years as a full-time, stock-car driver and amassing 26 victories, Earnhardt still races occasionally between overseeing his businesses and restoring homes in Key West.
Dale comes from a long line of NASCAR drivers from his grandfather, Ralph Earnhardt; his famous father, NASCAR Hall-of-Famer Dale Earnhardt, Sr. and other Earnhardt family relations also in the fast-cars business.


Ralph Earnhardt was father of Dale Earnhardt Sr.
and grandfather of Dale Earnhardt Jr.
He is owner of JR Motorsports, Hammerhead Entertainment, a signature line of eyeglass frames, Dale Earnhardt Jr. Chevrolet, and Dale Earnhardt Jr. Buick-GMC-Cadillac.
 He also owns two Whiskey River Beer and Wings restaurants in North Carolina and is co-owner of an auto and truck-filter mail-supply company.
Sloppy Joes Bar, Key West, FL made famous
by authors like Ernest Hemingway

In 2018, Dale and his interior-designer wife, Amy, really got into the creative spirit in Key West finding old conch houses to restore.

The first house they restored was recorded in a four-part reality TV series for DIY Network called Renovation Realities: Dale Jr. & Amy.

On completion, the house sold in just days. Their second house has been completed and has recently been put on the market.


                                           Harry S. Truman

Built in 1863 during the Civil War and full of old Key West charm that has seen its share of the country’s history - the most southern city in the contiguous U.S. and an extended vacation town for presidents including Franklin Roosevelt, Harry Truman and Dwight Eisenhower.


Dwight Eisenhower

 The Earnhardts’ latest project is quite large compared to most of the Key West homes at 3,306 square feet with five bedrooms and four baths.
Deceptive in size from the gingerbread front entrance, the rooms retain most of the original architecture along with added pirate and nautical themes.


Franklin D. Roosevelt

Rope-wrapped columns, lots of wood, a ship’s wheel on the side of the large wrap-around bar in the kitchen and parrots sitting up in the rafters watching the goings on.
 On the second floor there is even a secret floor hatch that can be lifted to spy on the mates below. The swimming pool is huge by Key West standards over two fathoms deep.

For non-pirates, that would be 14-feet, a perfect place to hone one’s scuba-diving skills. 

Across the cultivated-jungle garden is a guest house and above the pool on the second-story, wrap-around balcony is a gate where walking the plank into the water below is a real possibility.


Built in 1863 during the Civil War and full of old Key West charm, the Earnhardt home has seen its share of the country’s history.

(Photo credit: Andre van Rensburg.  Source: www.oceansir.com)
When the six-toed cat appears on the front porch, it can be easily returned to Ernest Hemmingway’s house down the street, and as a reward, stop by Sloppy Joes for a lazy-afternoon gin and tonic.
Dale, Jr. and Amy Earnhardt’s pirate-themed conch house whimsically speaks to Key West’s historical beginnings.
Now for sale at $3.7 million, the house is listed with Bob and Debbie Cardenas of Ocean Sotheby’s International Real Estate, Key West, Florida.

CONTACT:

Genelle C. Brown
Content Manager, Media Division
TopTenRealEstateDeals.com
Phone:  434-480-4504

Twitter:  @toptenrealestat
facebook.com/toptenrealestat  

Friday, May 29, 2020

JLL closes sale of 470 Kent Ave. development site for Abraham Rosenberg; Naftali Group acquires property on Williamsburg waterfront in Brooklyn, NY


Proposed development site at 470 Kent Avenue on the Williamsburg waterfront in Brooklyn, NY 

NEW YORK, NY, May 29, 2020 — JLL Capital Markets announced today that it has closed on the sale of a development site at 470 Kent Ave. on the Williamsburg waterfront in Brooklyn, N.Y., for Abraham Rosenberg.

Brendan Maddigan
Naftali Group LLC, a leading privately held, global real estate development and investment firm run by CEO and Chairman Miki Naftali, acquired the property.

The development opportunity at 470 Kent Ave. comprises a 94,500-square-foot lot between Division Avenue and South 11th Street on the waterfront overlooking the East River.

Certified Lumber occupies an existing building on the site and will announce a relocation to a nearby address as soon as appropriate. The lumber storage building will be demolished after a lease-back period.

Stephen Palmese
The property is located in a Qualified Opportunity Zone and has a versatile R7-3/C2-4 zoning designation that permits a wide array of uses and is perfect for a one-of-a-kind luxury residential or mixed-use complex.

The land at 470 Kent Ave. is on the edge of the thriving Brooklyn Navy Yard and is situated among several iconic waterfront developments like The Oosten, Eliot Spitzer’s Four Twenty Kent trio of towers, and the $1.5-billion Domino Refinery mega-development.

The property abuts the East River Ferry terminal and the Marcy Avenue J M Z train station, providing direct connections to DUMBO and Manhattan, both one stop away.

Ethan Stanton
Furthermore, the assemblage sits along the proposed path of the anticipated Brooklyn Queens Connector (BQX), adding to the attractiveness of the offering.

The JLL Capital Markets team representing the seller includes Vice Chairmen Brendan Maddigan and Stephen Palmese and Managing Directors Ethan Stanton, Winfield Clifford and Michael Mazzara, along with Senior Managing Director Robert Burton with Cushman & Wakefield Inc.

“This transaction speaks volumes to the resilience of New York City and the developer’s confidence to build a large-scale, Opportunity Zone project in an excellent, waterfront Williamsburg location,” Maddigan said.

Winfield Clifford 
“It’s been a pleasure working with the professionals at Naftali Group and seeing their commitment to the progress of this site.”

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.

Michael Mazzara
About JLL

JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management.

JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities.

JLL is a Fortune 500 company with annual revenue of $18.0 billion, operations in over 80 countries and a global workforce of more than 94,000 as of March 31, 2020.

JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated.


Contacts: 

George Shea, Mark Faris
Company: Shea Communications
Phone: +1 212 627 5766
Email: mfaris@sheacommunications.com

Ki     Kimberly Steele 
ki      Kimberly.steele@am.jll.com

jll.com.

Arizona-Grown Headwear Company Branded Bills Expands in Phoenix AZ to Broadway 101Commerce Park


 
 Keith Lammersen 
MESA, AZ – The Phoenix office of JLL has completed a lease that relocates and expands custom headwear and apparel company Branded Bills to the Broadway 101 Commerce Park in Mesa, Arizona.

The Arizona-grown company has expanded five times in five years, evolving it from its original operations out of a local garage into its new 13,102-square-foot headquarters at 2340 W. Broadway Rd., less than one mile from the Loop 101 Freeway in Mesa, Arizona.

JLL Managing Director Keith Lammersen represented Branded Bills in the lease transaction.

“Branded Bills was started in Arizona by a group of friends who place community connection among their highest priorities,” said Lammersen. 

Dave Dickert.
“The new space at Broadway 101 gives them the operational efficiencies and professional environment they need to continue to grow the company and its vision.”

“Our products are designed to reflect a customer’s unique story – whether it’s where they are from or the interests and passions that are most important to them,” said Branded Bills Co-Founder Dave Dickert. “That experience-centric mindset has never failed us. It has only opened new doors"

He established the company with partners Sam Coil, Josh Tabaj and Tim Welch.

Sam Coil
Underscoring that commitment, the company in March launched a “Give-A-Hat” campaign, in which Branded Bills matches every customer hat purchase with a free hat that they deliver to a front-lines medical professional caring for COVID-19 patients.

“It’s just one thing we can do to spread positivity and encouragement to our medical heroes during this uncertain time,” said Dickert.

Branded Bills started its operations in an Arizona garage in 2015. It later moved to a location in Tempe, expanding there multiple times before making a larger move to Broadway 101.

Today, Branded Bills employs 40 and produces a range of hat and apparel products. All feature a hand-forged leather patch and span collections for all 50 states, custom options and a hat-of-the-month club.

For more about Branded Bills, please visit www.BrandedBills.com.

Contact: 

Stacey Hershauer
Phone: +1 480 600 0195

Studio Other Introduces Privacy Panels To Help Organizations Quickly Adapt Existing Workstations During and After COVID Pandemic



Charlotte Wiederholt

SANTA FE SPRINGS, CA, May 29, 2020 – Studio Other (formerly Tangram Studio), a creator of custom solutions for commercial interior environments and workspaces, has introduced a new family of attachable privacy panels designed to offer a high level of flexibility for existing workstations.

Quick and easy adaptability, while protecting employee health, will be a key factor as organizations reopen their facilities, most likely in a phased approach. Furnishings for interior spaces must accommodate dynamic shifts in space layouts and capacity over time for efficiency as well as cost savings.


“Many organizations are already anticipating how we will return to work and the adjustments that will need to be made along that road to ensure employee safety,” noted Charlotte Wiederholt, President and Creative Director of Studio Other.

 “Because making drastic changes to a current work environment can be costly and time consuming, we have developed these easily attachable privacy screens as an innovative way to facilitate changes in configurations.”


CONTACTS:

Rachel Devany
VP Public Relations
 KCOMM for Studio Other
949-443-9300


JLL closes sale of Dallas, TX Class A industrial park


Stephen Bailey
DALLAS, TX – JLL Capital Markets announced it has closed the sale of Valwood Crossroads, a brand new, Class A, state-of-the-art, fully leased, two-building industrial park totaling 618,052 square feet in the Dallas-Fort Worth community of Carrollton, Texas.

JLL marketed the property on behalf of the seller, Core5 Industrial Partners, which developed the property in 2019. Denver-based Black Creek Group purchased the asset.

Valwood Crossroads features both cross-dock and rear-load buildings, clear heights ranging from 32 to 36 feet, 138 dock-high doors, six drive-in doors, deep truck courts, ESFR sprinkler systems and low office finish.

 Both buildings are fully leased to Smith System Manufacturing Company, a Texas-based furniture manufacturer that serves the K-12 school furniture market across the country. 

Situated on 34.26 acres at 1050 and 1150 Luna Rd., Valwood Crossroads is positioned at the northeast intersection of Belt Line Road and President George Bush Turnpike, which is a coveted last-mile location within the Valwood Industrial submarket, one of the tightest industrial submarkets in the DFW region.

 Dustin Volz
The JLL Capital Markets team representing the developer was led by Director Stephen Bailey and Managing Director Dustin Volz.

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.


CONTACT:

Kimberly Steele
 JLL Senior Associate
 Public Relations
Phone: +1 713 852 3420



Regency Centers to Present at Nareit’s REITweek: 2020 Virtual Investor Conference June 3 in Jacksonville, FL


 
Lisa Palmer
JACKSONVILLE, FL, May 29, 2020 (GLOBE NEWSWIRE) -- Regency Centers Corporation (“Regency” or the “Company”) (NASDAQ:REG) today announced that Lisa Palmer, President and Chief Executive Officer, is scheduled to make a presentation at Nareit’s REITweek: 2020 Virtual Investor Conference on Wednesday, June 3, 2020, at 9:35 am ET.
 To access the Company’s live presentation, attendees are required to register for Nareit’s REITweek, using the registration link below. Registration is complimentary until Tuesday, June 2, 2020.
A link to the webcast will be available for replay for 90 days on the Investor Relations page of the Company’s website at investors.regencycenters.com.
About Regency Centers Corporation (NASDAQ: REG)
Regency Centers is the preeminent national owner, operator, and developer of shopping centers located in affluent and densely populated trade areas. 

Laura Clark
Our portfolio includes thriving properties merchandised with highly productive grocers, restaurants, service providers, and best-in-class retailers that connect to their neighborhoods, communities, and customers. 
Operating as a fully integrated real estate company, Regency Centers is a qualified real estate investment trust (REIT) that is self-administered, self-managed, and an S&P 500 Index member. For more information, please visit RegencyCenters.com.
CONTACT:
Laura Clark
904 598 7831
LauraClark@RegencyCenters.com