Thursday, November 12, 2020

Joe Springsteen Joins Expanding RKW Residental Team as Senior Vice President

Marcie Williams 

Orlando, FL, Nov. 13, 2020 — Rapidly growing multifamily management firm RKW Residential bolstered its team serving the Orlando market with the addition of new Senior Vice President Joe Springsteen.

The industry veteran will oversee RKW’s portfolio and future expansion in Orlando and other key Florida markets, including Tampa. 

 Springsteen has nearly two decades of multifamily experience, including operations and portfolio management roles on new construction lease-ups and major renovation projects in the Orlando, Tampa, Jacksonville and South Florida markets.

Joe Springsteen

For RKW, he is responsible for oversight and strategy of the company’s market expansion and property operations, with a focus on asset profitability for each client.

 “Joe Springsteen is a significant addition both for our existing community assignments in Central Florida and future opportunities,” RKW President Marcie Williams said. “He has a dynamic personality and vast experience that our team and clients will benefit from.”

 Prior to RKW, Springsteen served as Vice President for Pinnacle, where he was responsible for 17,000 units across Florida. Before that, he was Director of Operations with Cortland. Springsteen also has a background in law as a corporate mergers and acquisitions attorney for General Mills in Minneapolis and the Sutherland firm in Atlanta.

 “I am excited to have the opportunity to play a role in RKW’s expansion plan for Orlando, Tampa and other Florida markets,” Springsteen said. “These areas have been booming with new construction and population growth. With an incredible team that delivers superior customer service and unparalleled industry relationships, we are well-positioned to grow in lockstep with these markets.”

 

 CONTACT:

 Eric Kalis

Vice President

 BoardroomPR

ekalis@boardroompr.com

O 954-370-8999 

C 305-794-5123

www.rkwresidential.com.

Bridge Investment Group LLC Acquires Tampa Commons Office Tower in Metro Tampa Bay

Kelly Kuykendall
 

ATLANTA, GA, Nov. 12, 2020 – Bridge Investment Group LLC’s (Bridge) subsidiary Bridge Office Fund Manager (Bridge Office) announced today the acquisition of Tampa Commons, a 13-story, 253,922 square-foot Class A office building at 1 North Dale Mabry in Tampa, Florida.

 

The acquisition marks Bridge Office’s return to the metro Tampa Bay market, and further bolsters the company’s Florida portfolio with nearly 2.4 million total square feet across nine properties.


Ryan Reynolds

Located at the intersection of Dale Mabry and Kennedy Boulevard in the Westshore submarket, the property conveniently lies just minutes from downtown Tampa, Tampa International Airport and Midtown Tampa, a $500-million mixed use project set to open in early 2021 that will enhance the area’s already strong amenity base.    

Originally built in 1985, Tampa Commons received more than $3 million in improvements in 2018, including a new covered mezzanine as the primary entrance from the renovated parking garage, upgrades to first-floor lighting, floors and furniture as well as the addition of a tenant conference room, concierge desk and management office.

John Heald

In line with Bridge’s proven strategy for creating next-generation workplaces, the firm plans additional investment to revamp and reintroduce the property to the market as 1 North Dale Mabry, a nod to its physical address and connection to the surrounding community.


 Improving the tenant experience is the focus, with planned improvements and amenities including a new fitness center, lawn games, upgraded outdoor seating area, move-in-ready suites and state of the art building systems.

 

“Historically Bridge has owned several properties in Tampa. After successfully disposing of our last asset in 2019, 1 North Dale Mabry signaled the right opportunity for us to break back into the market,” said Kelly Kuykendall, Director of Asset Management for Bridge Investment Group.


Jackson Kilcoyne

“At Bridge, we believe in the enduring value of the office for companies to foster necessary culture, collaboration and creativity.

 

"With the exciting momentum in Tampa’s hottest submarket, we see an incredible opportunity to deliver a refreshed option for businesses looking for a compelling office destination  -- whether to occupy right now or in the near future -- where their teams will want to come to work, connect and grow together.”

 

With an 83% occupancy rate, the property has traditionally outperformed the submarket with rental rates comparable to Tampa’s Central Business District.

 

Notable tenants include American insurance company Travelers, Ideal Image’s corporate headquarters and med spa, and law firm Rissman, Barrett, Hurt, Donahue, McLain & Mangan.

 

Available office spaces at Tampa Commons range from 4,944 to 19,900 square feet. Bridge has hired Ryan Reynolds, John Heald and Jackson Kilcoyne of CBRE to oversee leasing of the property.

 

“This is an iconic building at the intersection of the two most well-known thoroughfares in Tampa,” said John Heald, Senior Vice President at CBRE. “With the redevelopment taking place along the Dale Mabry corridor, this asset will be among the most desirable suburban office options.”

 

“We are incredibly excited to welcome Bridge back into Tampa,” said Reynolds. “Their investment in this asset is a testament to the strength and trajectory of the market.”

 

Eastdil Secured represented the seller in the transaction.


CONTACT:

 

Nick Banaszak · Account Supervisor

1718 Peachtree St., Suite 1048 

Atlanta, GA 30309

M: 256-457-5384

www.thewilbertgroup.com

 www.bridgeig.com.

www.bcre-atl.com

bridgecre-office.com.

Ware Malcomb announces Jamie Salvo has joined firm as director, Interior Architecture & Design in Pleasanton, CA office

 

Jamie Salvo

 PLEASANTON, CA, Nov. 12, 2020 – Ware Malcomb, an award-winning international design firm, today announced Jamie Salvo has joined Ware Malcomb as Director, Interior Architecture & Design in the Pleasanton office.

In this role, Salvo is responsible for the growth and management of the Interior Architecture & Design Studio and oversees all interiors projects for the Pleasanton office.  

Salvo, who relocated from Southern California to join Ware Malcomb’s Pleasanton leadership team, brings over 20 years of industry experience to her new position.

 Jim Terry
Her project experience spans a wide variety of sectors including corporate headquarters, commercial office, restaurant and hospitality. She is also a frequent speaker and thought leader in the industry, recently serving as a panelist at Bisnow’s “Workplace of the Future” conference. 

“Jamie’s strong project management, business development, mentoring and communication skills have earned her the respect of clients and peers alike,” said Jim Terry, Principal of Ware Malcomb’s Pleasanton office.


“She brings a wealth of knowledge and design talent to our Interior Architecture & Design Studio, and we look forward to her contribution to the continued growth and leadership of Ware Malcomb in the Northwest region.”

Salvo received a Bachelor of Arts degree in Human Environmental Sciences and Design from Point Loma Nazarene University in San Diego, Calif. and completed a Summer Studies Program at the Rhode Island School of Design.

She is an active member of Commercial Real Estate Women (CREW) and holds a Leadership in Energy and Environmental Design (LEED) Accredited Professional credential from the U.S. Green Building Council. 


CONTACTS:

 

Rachel Devany

VP Public Relations, KCOMM

 for Ware Malcomb

Rachel@kcomm.com 

 

Maria Rodgers, Public Relations Manager, 949.660.9128, mrodgers@waremalcomb.com

 

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

 

waremalcomb.com

http://www.waremalcomb.com/news and view Ware Malcomb’s Brand Video at youtube.com/waremalcomb.