JLL closes $2.38 million sale of Kenosha, WI retail property

 Giordano’s restaurant, 7060 Green Bay Road, Kenosha, WI

CHICAGO, IL – JLL Capital Markets announced it has closed the $2.38 million sale of a 4,500-square-foot, single-tenant retail building triple net leased to a new Giordano’s restaurant in Kenosha, Wisconsin.

Alex Sharrin

JLL marketed the property on behalf of the seller, Speedwagon Properties, and procured the buyer, a private family out of Chicago.

Giordano’s first opened in Chicago in 1974, and the award-winning restaurant is known for its pizza.

 It currently operates nearly 70 locations across 10 states, and the subject property represents Giordano’s first entry into Wisconsin. 

Situated on .81 acres at 7060 Green Bay Rd., the building is near where Green Bay Road intersects with 75th Street, resulting in visibility to a combined 68,200 vehicles a day. 

Nicholas Kanich

The building was completed in late 2019 and is within a healthy retail and industrial market, and local demographic support includes nearly 70,000 residents within a three-mile radius of the building. 

Kenosha, which houses more than 100,000 residents, is approximately 60 miles north of Chicago and 40 miles south of Milwaukee.

The JLL Net Lease Capital Markets team representing the seller was led by Senior Directors Alex Sharrin and Nicholas Kanich along with Senior Vice President Larry Kilduff.

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. 

Larry Kilduff

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.

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

  

Contact:

 Kimberly Steele

 JLL Senior Associate

 Public Relations

Phone: +1 713 852 3420

Email:  Kimberly.Steele@am.jll.com

 jll.com.

Looming Hurricane Season on top of Coronavirus Threat Eased By Lake Mary Generator Dealership’s Unique System

James Dicks

LAKE MARY, FL and ORLANDO, FL   -- More Florida homeowners and businesses have been installing generators in recent years as hurricanes have repeatedly knocked out power to millions. But now the threat of the coronavirus has added additional urgency as the 2020 hurricane season approaches.

James Dicks, CEO of DIX Generators, a Generac brand dealer in central Florida , says his company’s web site has been busy providing automated price estimates for potential residential and commercial businesses.

“We’re getting probably 10 to 15 ‘quick quotes’ out per day right now,” Dicks said, adding that the surge is unusual in that “we haven’t even hit the selling season yet, because traditionally that doesn’t even hit until around the end of May.”

The official hurricane season runs from June 1 through Nov. 30.

The company’s automated online quote system enables homeowners or business owners to get accurate, customized pricing information without the need to have a person visit the home or office.

That’s a definite benefit during the statewide coronavirus stay-at-home-advisory, which calls for people to minimize personal contact as much as possible to avoid exposure to the virus.

“We do have to go to your house for the installation,” Dicks said, “but even then, you don’t need to sign anything, we’ll just do our thing outside your house. So our system speeds up the entire process by weeks or maybe even months, from what the traditional process takes.”

           

About 18 percent of single family homes nationwide have generators, according to a 2015 American Housing Survey, by the U.S. Census Department.

In Florida , almost 20 percent of homeowners surveyed had generators, in the 2017 survey. But most of those are smaller units from retailers such as hardware stores.

Generac, one of the leading international brands, has larger and more sophisticated units that can handle everything from homes and estates to commercial buildings, with built-in automated safety features.

Dicks said his company, for example, is currently installing emergency generator backup for a 10,000 square foot commercial building in Lake Mary .

 DIX Generators, a disabled veteran-owned small business, is bracing for a huge increase in orders before June 1, and Dicks said it typically takes about four to six weeks to install a system, from start to finish.

CONTACTS:

James Dicks, CEO,  DIX Generators, Jdicks@idefsys.com 

407-459-1188

Beth Payan, Larry Vershel Communications Inc. beth@larryvershel.com 407-644-4142

Marcus & Millichap's RPH Multifamily Group Named Top Broker Honoree by Connect Media

TAMPA, FL, April 6, 2020 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced that the RPH Multifamily Group of the company’s Tampa office, have been named as a Top Broker Honoree by Connect Media, according to Chris Travis, Regional Manager. 

The RPH team consists of Ned Robert CCIM, Adam Podbelski, Jason Hague, Sebastian Harris and Duane Anderson.

“The RPH Multifamily Group’s brand in the marketplace goes beyond a transactional relationship with their clients. The RPH Multifamily Group is the beacon for how agents should operate. This is a great team of agents, who do a wonderful job representing their client’s needs,” says Travis.

Chris Travis

The RPH Multifamily Group of Marcus & Millichap is led by three co-founders, three junior agents, two staff members and a senior financial analyst. 

In 2019, the group collectively closed more than $157 million worth of multifamily deals across 30 transactions.

Notable transactions for the team included the $31 million sale of the 285-unit Whetstone Apartments in Pinellas Park and the $14,500,000 sale of the 72-unit Sand Cove Apartments in St. Pete Beach.

At $201,389 per unit, Sand Cover is the highest price paid for a 1970s-era multifamily community in either Pinellas or Hillsborough County since 2006.

CONTACT:

Chris Travis

Regional Manager, Tampa

(813) 387-4700

Vince Marotta of Illustrated Properties Closes Two Luxury Florida Sales Totaling $16.5 Million, Including Milestone Transaction in Seminole Landing, North Palm Beach

Vince Marotta

PALM BEACH, FL,  April 6, 2020 – Vince Marotta, the No. 1 producer at Illustrated Properties in 2019, closed the most expensive luxury residential sale in North Palm Beach’s Seminole Landing in seven years.

Wendy Cullen

The $8.65 million transaction comes a few weeks after Marotta completed a $7.8 million sale in Jupiter’s exclusive Bear’s Club. Both deals involve high-profile individuals.

Bob Martin

“I am thrilled to get these sales completed in the midst of everything going on in our state and country right now,” Marotta said. “I want to express my appreciation for my amazing assistant Wendy Cullen.

Dick Cheney 

"Many luxury agents in this market work with sizeable teams of Realtors – I am proud to consistently produce results like the Seminole Landing and Bear’s Club closings on my own, with Wendy providing incredible support.”

Jack Nicklaus

 The Seminole Landing sale closed on April 1. Marotta exclusively listed the waterfront estate at 12314 Plantation Lane on behalf of sellers Bob and Robin Martin. Bob Martin is the owner of The Decorators Unlimited, one of the top interior design firms in Florida.

Michael Jordan

Lance and Lynn Young are the buyers of the six-bedroom home. Lance Young is a California-based engineer who helped design one of the first artificial hearts. Former Vice President Dick Cheney was one of the beneficiaries of Young’s pioneering work.

Michael Grondahl

Located on 1.23 acres with 375 feet of deep water frontage and 80 feet of dock space, the 10,814-square-foot French Country Estate also includes six bathrooms and two half-bathrooms; a heated swimming pool and spa; elevator; whole house generator; 1,000-bottle air conditioned wine room; seven-car garage and private beach access.

Richard Rifkin

In The Bear’s Club – one of Florida’s top golf course communities designed by Jack Nicklaus, Marotta closed the sale a six-bedroom, six-bathroom, 9,865-square-foot residence on 1.1 acres at 162 Bear’s Club Drive on March 9.

Soula and Richard Rifkin, an investor in Michael Jordan’s 1000 North restaurant in Jupiter, sold the property to Lisa and Michael Grondahl, former CEO of Planet Fitness and one of the health club chain’s founders.

Kathleen Manfredi 

The Grondahls were particularly enticed by the home because their son is an aspiring professional golfer.

Marotta, a former college football and track athlete at Yale University who participated in several of the iconic Yale/Harvard rivalry games, applies the passion, tenacity and dedication cultivated on the gridiron to his longtime position as one of the most prolific luxury real estate agents in the Palm Beaches.

April Hodges Stevenson 

His latest transactions are two of the 12 most expensive sales in the northern Palm Beach market (bordering Palm Beach Inlet to the south, Sailfish Point to the north, the Atlantic Ocean to the east and the Everglades to the west) in the past 12 months. Illustrated has been involved in 4 of those 12 sales.

Over the past 14 months, Marotta has closed more than $63 million in sales. He has also achieved three of the top 37 sales, and six of the top 93 sales, out of more than 10,000 total sales within the northern Palm Beach market over the past 12 months, according to MLS data as of April 2. 

Mike Pappas 

Marotta is the only area Realtor who has sold the highest-priced condominium in a given year in every beachfront town from Singer Island to Jupiter Island.

Marotta is also set to close the most expensive condo sale in Juno Beach in the past 14 years.   

Illustrated Properties is a member of The Keyes Family of Companies, a Christie’s International Real Estate affiliate and a member of the Leading Real Estate Companies of the World^® network. 

“Vince Marotta continues to amaze us with his consistent output in the Palm Beach luxury market,” Illustrated President and CEO Mike Pappas said. “He knows the ins and outs of every high-end community in the area and expertly packages that knowledge for the benefit of his clients. No one works harder than Vince.”

Kathleen Manfredi of the Kathy Courtney Realty Group represented the buyers in the Seminole Landing sale. April Hodges Stevenson of Weichert Realtors - Hallmark Properties represented the buyers of the Bear’s Club residence.

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

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Ware Malcomb Announces Jason Dooley Promoted to Principal in Atlanta, GA Office

  

Jason Dooley

 ATLANTA, GA (April 6, 2020) – Ware Malcomb, an award-winning international design firm, today announced Jason Dooley has been promoted to Principal in the firm’s Atlanta office.

In this role, Dooley is responsible for leading the overall growth and management of the firm’s offices in Atlanta and Miami, as well as other responsibilities encompassing the Southeast region.

Dooley brings nearly 22 years of design and construction experience to the Ware Malcomb team. He joined Ware Malcomb in early 2016 as Regional Manager to open and grow the firm’s new Atlanta office, and was promoted to Regional Director in 2018.

Kenneth Wink

“Ware Malcomb’s Atlanta office has experienced tremendous growth under Jason’s leadership, prompting the firm’s recent expansion into a new, larger office space in the Buckhead business district,” said Kenneth Wink, Chief Executive Officer of Ware Malcomb.

“With this promotion to Principal, Jason is now taking on responsibility for overseeing the growth of the firm’s Miami office as well. We look forward to Jason’s continued success in growing Ware Malcomb’s presence in the Southeast region.”    

Since his hire, Dooley has successfully connected with Ware Malcomb’s national clients in the Atlanta market, as well as made new connections throughout the region, with projects spanning beyond Georgia to include North Carolina, South Carolina, Tennessee, Alabama, Mississippi, Florida, Louisiana and Virginia. 

His architecture and interior design expertise includes build-to-suit, building expansion, building renovation, complex tenant improvements, industrial, healthcare, office, science & technology, multi-family and higher education projects. 

Mary Cheval

A registered architect, Dooley holds Bachelor of Science and Master of Architecture degrees from the Georgia Institute of Technology in Atlanta. He is an active member of industry organizations including the National Association of Industrial and Office Properties (NAIOP) and American Institute of Architects (AIA). 

Dooley was one of three people recently elevated to the position of Principal within Ware Malcomb’s offices across North America. Ware Malcomb also announced the promotion of Mary Cheval to Principal, Interior Architecture & Design in the firm’s Irvine, Calif. office and Edward Mayer to Principal, Architecture in the Newark, N.J. office.

 

CONTACTS:

Rachel Devany

VP Public Relations

 KCOMM for Ware Malcomb

Rachel@kcomm.com 

Maureen Bissonnette, Associate Principal, Marketing, 949.660.9128, mbissonnette@waremalcomb.com

waremalcomb.com/news 

 Ware Malcomb’s Brand Video at youtube.com/waremalcomb.

Hold-Thyssen Negotiates Five Year Lease of Class A Office Space in Lake Mary, FL With Minneapolis Financial Firm

 Darby Hold

LAKE MARY, FL --- Hold-Thyssen, Inc., a full service commercial property firm based in Winter Park , recently completed a five-year lease agreement for 2,591 rentable square feet at Suite 2001,1485 International Parkway in Lake Mary . 

Thrivent Financial for Lutherans, a not-for-profit organization based in Minneapolis offering Christians counsel on how to invest, be good stewards of their money and build a solid financial future, will continue to provide their expertise at their Lake Mary offices.

Emily Zinaich 

 Darby Hold, transaction specialist at Hold-Thyssen, negotiated the lease agreement on behalf of the landlord Christian Financial Resources, Inc.  Emily Zinaich with Avison Young represented the tenant.

 Hold-Thyssen, Inc. provides commercial property brokerage and leasing and management services to institutional and private investor clients nationwide.  The 40-year old firm’s current portfolio includes more that 100 commercial properties throughout the United States .

CONTACTS:

 Anthony Fisher, Vice President, Hold-Thyssen Real Estate Services,

407-691-0505, afisher@HoldThyssen.com

 Robert P. Hold, Principal, Hold-Thyssen, Inc.

407-691-0505, bhold@HoldThyssen.com

 Beth Payan, Larry Vershel Communications Inc.

407-644-4142 Lvershelco@aol.com.