JLL arranges financing for Katy, TX multi-housing community

Hilltop Residential is situated on 14.44 acres along Grand Parkway                      in the Houston, TX suburb of Katy, TX 

HOUSTON, TX – JLL Capital Markets announced it has arranged acquisition financing for a multi-housing community located in the Houston-area suburb of Katy, Texas.

JLL worked exclusively on behalf of Hilltop Residential to arrange the four-year, floating-rate acquisition loan through a national bank.

The community is situated on 14.44 acres along Grand Parkway. Completed in 2013, the community consists of a mix of one-, two- and three-bedroom homes averaging 933 square feet. 

Cortney Cole

Units feature stainless steel appliances, granite countertops, kitchen islands, nine-foot ceilings, wood-style flooring and private balconies. 

Community amenities include a resort-style pool, clubhouse, 24-hour fitness center, business center, resident long with TV and coffee bar, and lighted dog park with fountain. The community is zoned to top-rated Katy Independent School District campuses.

The JLL Capital Markets debt placement team representing the borrower was led by Managing Director Cortney Cole.

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 Senior Associate

 Public Relations

Phone: +1 713 852 3403

Email: Olivia.Hennessey@am.jll.com

jll.com.

livehilltop.com.

EcoSystem Renewal in Final Permitting Stage for Texas Restoration Project Site Divided by Re-routed State Highway

 BATON ROUGE, LA. – EcoSystem Renewal LLC, a leader in wetland mitigation banking, restoration, and preservation of high priority ecological sites, is in the final permitting stage for a new project in Texas and in early stages of permitting for multiple projects in Louisiana .

The Texas site in Liberty County , Cedar Bayou Mitigation Bank, is a 605-acre complex restoration project requiring extensive engineering and design work. A draft mitigation banking instrument was submitted in October 2019 to the US Army Corps of Engineers – Galveston District.  

Danny Moran, Managing Director of EcoSystem Renewal,
 says his company is preparing for a busy
and exciting year ahead on new projects
 in Texas and Louisiana

 Cedar Bayou Holdings LLC, the sponsor of the mitigation bank, anticipates final approval by the third quarter of 2020.

EcoSystem Renewal, based in Baton Rouge , has for the past decade provided design, permitting, construction, monitoring, marketing, and management for more than 15,000 acres of restoration work in Texas and Louisiana . 

Danny Moran, Managing Director of EcoSystem Renewal, said his company is preparing for a busy and exciting year ahead.

“This team is passionate about what they do and are very good at their respective jobs. We expect to add additional projects in 2020,” Moran said, “and look to add team members who are dedicated to wetland restoration.”

CONTACTS:

Danny Moran, Managing Director, EcoSystem Renewal, LLC,

 225-978-9401, 

dmoran@ecosystemrenewal.com  

 ecosystemrenewal.com

Will Beaty, Director of Sales and Marketing, EcoSystem Renewal, LLC,

 888-294-8101 Ext 802, wbeaty@ecosystemrenewal.com

Beth Payan, Larry Vershel Communications, Inc. 
 407-644-4142 or 407-461-3781 Beth@LarryVershel.com

Berger Commercial Realty Leases 24,000 SF at Merrill Industrial Center in Dania Beach, FL

Judy Dolan

FORT LAUDERDALE, FL (Jan. 17, 2020) – Berger Commercial Realty/CORFAC International Senior Vice President Judy Dolan recently represented Merrill Industrial Center, Inc. in leasing 24,426 sq. ft. of warehouse space to Just Brands, LLC at Merrill Industrial Center, located at 3406 S.W. 26th Terrace in Dania Beach.

Merrill Industrial Center, Dania Beach, FL

The deal is the result of Just Brands’ consolidation of its three warehouses in South Florida.

“Just Brands chose Merrill Industrial Center due to its ease of access and proximity to major roadways,” Dolan said. “With retail locations in Miami and eastern and western Broward County, accessibility was key.”

Merrill Industrial Center, a 134,132-square-foot, three-building warehouse park, offers convenient access to I-95, I-595, Florida’s Turnpike and State Road 84.

Matt Jones

In the transaction, Just Brands was represented by Matt Jones of Levy Realty.

For more information about Berger Commercial Realty’s leasing services, please call 954-358-0900.

Media Contact:

Lexi Robinson

954-776-1999, ext. 255

lrobinson@piersongrant.com

  

www.bergercommercial.com.

www.corfac.com.

Seefried Industrial Properties and Clarion Partners to Develop Three-Building Spec Industrial Project in East Tracy, CA (San Joaquin County)

Jason Quintel

ATLANTA, GA  -- Seefried Industrial Properties, as development partner for Clarion Partners, LLC have recently purchased a 76-acre land site that paves the way for a new multi-warehouse spec development situated within the Northeast Area Specific Plan in Tracy, CA. 

Located at the northeast corner of Grant Line Road and Chrisman Road, New Project will total 1,130,000 square feet of office and warehouse space in three buildings consisting of 260,000 square feet, 517,000 square feet and 353,000 square feet, respectively.

Together, the project will offer tenants the opportunity to occupy space ranging from 18,000 to 1,130,000 square feet. 

Buildings will feature tilt-up construction, have clear heights ranging from 32 to 36 feet, 185’ truck courts, 339 trailer spaces combined, an ESFR sprinkler system and ample parking.

Mike Goldstein

“Finding quality development property in the Central Valley has become more and more difficult over the years," said Jason Quintel, Senior Vice President of Seefried Industrial Properties.

"Finding a site this well located was very exciting. We would not have gotten to this point if it had not been for the combined efforts of our consultants, the land seller, and the City of Tracy.

"We now look forward to bringing this quality project out of the ground and hope we can help fill the tenant demand that continues to grow in Tracy,” said

Construction is set to begin this June and anticipated for completion the following June of 2021.

HPA has been engaged as architect; K&W is the civil engineer. 

The Colliers International team, led by Mike Goldstein and John Steinbuch, will lead the leasing/marketing efforts for the new project. 

John Steinbuch

About Seefried Properties:

Seefried Properties was founded in 1984 by Ferdinand Seefried and is still 100 percent privately owned today.  The firm focuses on industrial development in core markets and build-to-suits with corporate tenants and users in first and second-tier markets. 

 Seefried's development, construction, leasing, property management and accounting teams firmly believe that client relationships are solidly built on trust and further developed by each individual experience. 

 Seefried is based in Atlanta, with regional offices in Los Angeles, Dallas/Fort Worth, Chicago and Phoenix.  Seefried Properties has built over $6 billion in development volume in 25+ markets across the U.S. 

Ferdinand Seefried 

CONTACTS:

Jason Quintel

Senior Vice President

Seefried Industrial Properties

JasonQuintel@SeefriedProperties.com           +1 (602) 300-3648

Barb Bennett

Marketing Coordinator

Seefried Industrial Properties

3333 Riverwood Parkway SE, Suite 200

Atlanta, Georgia 30339

Office:    (770) 702-8207

Mobile:  (520) 661-9641

bbennett@seefriedproperties.com

www.clarionpartners.com

www.seefriedproperties.com