Monday, April 27, 2020

Ware Malcomb Announces Construction Completed on New Professional Beauty Association Offices in Scottsdale, AZ

 Kevin Evernham
PHOENIX, AZ, April 27, 2020 – Ware Malcomb, an award-winning international design firm, today announced construction is complete on the new offices of the Professional Beauty Association located at 7755 East Gray Road in Scottsdale, Arizona. 

Ware Malcomb provided interior architecture and design services for the 17,000-SF project.

“It is always exciting to have the opportunity to completely demo and reimagine a space through the lens of our client,” said Kevin Evernham, Principal of Ware Malcomb’s Phoenix office.

“In addition to providing more space to accommodate current and future growth, the new offices of the Professional Beauty Association are a perfect reflection of the organization’s energy, brand and culture.”
For more information, please visit and view Ware Malcomb’s Brand Video at


Rachel Devany
VP Public Relations
 KCOMM for Ware Malcomb

Maureen Bissonnette
Associate Principal, Marketing
Ware Malcomb Phoenix

2777 E. Camelback Rd, Suite 325
Phoenix, AZ 85016
p. 480.767.1001

JLL arranges $19.35 million sale and $13.32 million financing for Greater Boston-area industrial warehouse building

Matt Sherry
BOSTON, MA – JLL announced it has closed the $19.35 million sale of and arranged $13.32 million in acquisition financing for 45 Holton St., a 180,000-square-foot, fully leased industrial warehouse building in the Boston-area community of Winchester, Massachusetts.

JLL represented the seller, JG Holt Limited Partnership, and procured the buyer, a partnership between Boston-based firms Bain Capital Real Estate (BCRE) and Oliver Street Capital, in an off-market transaction.

Additionally, working on behalf of the new ownership partners, JLL facilitated debt financing for the transaction with Harbor One Bank.

Christopher Decembrele
Situated on 9.7 acres, 45 Holton St. is located on the Winchester-Woburn line less than 10 miles from Boston and nine miles from Cambridge.

The property has convenient access to multiple major suburban Boston highways, including Interstates 95 and 93 and Route 3.

 45 Holton St. is in the established Wilmington/Winchester Industrial submarket, which has experienced diminishing supply and growing demand in recent years. 45 Holton St. is fully leased to two tenants, Tighe Logistics Group and Archive America.

The building features a clear height of 26 feet, 33 loading docks, two drive-in doors and 10% office finish.

Jamey Lipscomb
“We’re excited to add 45 Holton to our portfolio, and it’s a great fit for our partnership with BCRE,” said Oliver Street Capital Managing Principal Jon O’Donnell.

“45 Holton is a highly functional industrial building with scale, which is difficult to find this close to Boston,” added Jon Hyde, managing principal at Oliver Street. “The JLL team did a great job helping us execute.”

The Sales and Leasing team representing the seller included Senior Director Matt Sherry; Managing Directors Jamey Lipscomb, Chris Decembrele and Chris Lawrence; and Assistant Vice President Zach Gramlich.

Chris Lawrence

The Capital Markets debt placement team representing the borrower was led by Senior Director Brett Paulsrud and Associate Sam Campbell.

“With an in-depth knowledge of the required thresholds of each party, the team was able to structure an off-market sale, which resulted in a great outcome for both buyer and seller,” Lipscomb said.

“It was even more satisfying to execute the sale and financing through challenging macro-economic conditions. The seller’s legal team at Nutter McClennen & Fish and the buyer’s team at Seyfarth Shaw are also to be commended for their facilitation of the sale.”

Zach Gramlich
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.
About JLL:

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

Brett Paulsrud 
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 93,000 as of December 31, 2019.

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

About Oliver Street Capital:

Oliver Street Capital is a Boston-based commercial real estate investment firm focused on acquiring industrial properties throughout Greater Boston.

Sam Campbell
 Oliver Street’s principals have over 30 years of institutional commercial real estate experience representing over $2 billion in total transactions.

 The Oliver Street team currently owns and operates more than one million square feet of properties in Greater Boston and is led by its Co-Founders Jonathan Hyde and Jonathan O’Donnell.


Kimberly Steele
Senior Associate, Public Relations
JLL Capital Markets
9 Greenway Plaza, Suite 700
Houston, TX  77046
T +1 713 852 3420
M +1 832 244 9994