Saturday, February 6, 2021

Lee & Associates of Illinois Announces Two Broker Promotions

 Nick Eboli

 Rosemont, IL — Lee & Associates, the largest broker-owned commercial real estate firm in North America, announces 2 brokers have been promoted. 

 Nick Eboli has been promoted to Principal. Nick is with Lee & Associates’ Industrial Services Group focusing on tenant and owner representation.

 He has more than 20 years of experience in acquisition, disposition, build-to-suit, sale and lease transactions. Nick’s geographic focus is primarily in the Fox Valley & I-88 markets.

 Rick Anesi 

 Rick Anesi has been promoted to Senior Vice President. Rick specializes in North DuPage, West and North Cook and Lake Counties.

 Rick’s primary focus is on tenant and owner representation with 20+ experience in acquisition, disposition, build-to-suit and sale and lease transactions.

 CONTACT:

 Jessica Madden

Lee & Associates of Illinois

 jmadden@lee-associates.com

PEBB Enterprises Promotes Eric Hochman to Chief Investment Officer

 Eric Hochman

BOCA RATON, FL  – PEBB Enterprises, the entrepreneurial private real estate investment firm based in South Florida, has promoted Eric Hochman to Chief Investment Officer. Hochman has been instrumental to the growth of PEBB’s national portfolio over the past five years.

Hochman was previously the firm’s Chief Development Officer, overseeing growth and development activities that included ground-up and value-add repositioning strategies throughout the nation.

 Ian Weiner 

He will continue to shape PEBB’s vision and identify development opportunities in addition to his new role incorporating acquisitions and investments.

“Eric brings a wealth of commercial real estate experience and knowledge to our team and is an integral part of our success and expansion,” PEBB Enterprises President and CEO Ian Weiner said. “He is involved in every aspect of what we do and truly invested in our future success.”

Hochman first joined PEBB as Director of Development in 2016, eventually earning a promotion to Chief Development Officer.

 CONTACTS:

 Eric Kalis

954-370-8999

ekalis@boardroompr.com

https://pebbenterprises.com/.  

 

Daniel Benjamin

Senior Account Executive

 BoardroomPR

dbenjamin@boardroompr.com

O 954-370-8999

C 954-618-8287

Bank of America Plaza | 1776 N Pine Island Road

Suite 320 | Fort Lauderdale, FL 33322

Web | Facebook | LinkedIn | Twitter | Instagram

 

Lee & Associates of Illinois Welcomes Johnny Joyce

Johnny Joyce
 

Rosemont, IL — Lee & Associates of Illinois is excited to welcome Johnny Joyce to our industrial team.

Kenneth Franzese

 Prior to joining Lee & Associates, Johnny worked as a Senior Advisor at SVN Chicago Industrial.

 His primary focus was to identify and develop opportunities for new business, including agency leasing, tenant representation, and acquisition & disposition services of industrial properties.

In his new position at Lee, he will work alongside Kenneth Franzese, John Cassidy and Mark Baumhart and focus his time in the Northwest Cook, North Cook and South Lake County submarkets.

John Cassidy
Johnny earned a BS in Finance from the Farmer School of Business at Miami University.

 About Lee & Associates

Lee & Associates is a commercial real estate brokerage, management and appraisal services firm.

Established in 1979, Lee & Associates has grown its service platform to include offices in the United States and Canada.

 Lee & Associates provides superior market intelligence in office, industrial, retail, investment and appraisal to meet the specialized needs of our clients. 

Mark Baumhart

For the latest news from Lee & Associates, please visit lee-associates.com or follow us on FacebookLinkedInTwitter and Link our company blog.

  CONTACT:

Lee & Associates of Illinois

Jessica Madden

jmadden@lee-associates.com

Ryan Companies US, Inc. Promotes Jim McDonald To President of Great Lakes Region

Jim McDonald 

CHICAGO, IL – Ryan Companies US, Inc. (Ryan), a national leader in commercial real estate services, today announced it has promoted Jim McDonald to president of the Great Lakes Region.

 He most recently served as senior vice president, market leader of the region. 


Tim Hennelly, past president of the Great Lakes Region, has elected to rejoin the development team to focus on new business and mentorship while McDonald will provide overall strategic vision and operational leadership for the region.


Tim Hennelly

 

“Jim has done an outstanding job for more than two decades at Ryan, building trusted relationships with our healthcare, industrial, senior living, office, multifamily and mixed-use clients, as well as with his colleagues and the teams he leads,” said Jeff Smith, president of Ryan Companies.

 

“Our revenues in the Great Lakes Region have more than tripled over the past five years, thanks in large part to the leadership of Tim and Jim.


Jeff Smith

 

"With Tim returning to his passion of pursing real estate development deals, and Jim leveraging his ability to foster a collaborative culture amongst our real estate development teams, Ryan is well-positioned for continued growth in the Great Lakes Region.”

 

McDonald joined Ryan Companies in 1999, shortly after receiving his bachelor’s degree in construction management from the University of Nebraska.

 

CONTACTS: 

 

 Paula Widholm, pwidholm@taylorjohnson.com,

(312) 267-4525

Gretchen Muller, gmuller@taylorjohnson.com,

(312) 267-4511

 

ryancompanies.com

 

EverWest Approaches $50 Million of Southern California Activity in First 30 Days of 2021

 

Kristen Bowman 

CARLSBAD, CA and REDONDO BEACH, CA – In the first 30 days of 2021, leading real estate investment company EverWest Real Estate Investors has completed almost $50 million in commercial real estate transactions in Southern California.

Erik Good.

 Representing two industrial and flex/office assets – one in Redondo Beach and one in Carlsbad – the activity underscores a steady demand for high-quality, West Coast investment opportunities.

3209 Lionshead Ave. Carlsbad, CA

In Carlsbad, EverWest has completed the $25.25 million acquisition of 3209 Lionshead Ave. The 74,774-square-foot industrial headquarters is fully occupied under a long-term lease by prAna Living, a subsidiary of Columbia Sportswear.

In Redondo Beach, EverWest has completed the $24 million sale of LINQ, a 50,000-square-foot creative office project located at 2400 Marine Ave., just south of El Segundo and adjacent to Manhattan Beach, I-405 and the Redondo Beach MetroLink.

Steve Solomon
“The prAna headquarters gives us a long-term credit investment in a high-demand Southern California location,” said EverWest Managing Director of Acquisitions Erik Good.

“In spite of an uncertain economy, this region continues to experience notable deal volume and stability. San Diego County, in particular, achieved more than 2.3 million square feet of net absorption in 2020 and sustained steady rent growth, driven by life sciences and distribution companies.”

Built in 2009, the parAna headquarters includes a 24’ clear height warehouse and modern creative offices, 130’ truck court, three dock high and four drive-in doors, and proximity to I-5 and I-15.

EverWest acquired LINQ in 2017 in a joint venture purchase with Chilean-based Frontal Trust, an alternative asset management firm with a focus on real estate, private equity in financial services, private debt and infrastructure investments.

Andrew Harper

The property has a single-story, bungalow-style design with private tenant entrances, glass roll-up doors, a modern lobby, indoor/outdoor workspaces, tenant common area with a furnished deck, and a wrap-around boardwalk.

Following acquisition, EverWest built out and leased approximately 10,000 square feet of available space at LINQ as two move-in-ready office suites. The building is now 100 percent occupied, including two national credit tenant anchors.

“LINQ achieved our value-add objectives and secured a sale that exceeds pro forma returns, even during the height of COVID,” said EverWest Managing Director of Asset Management Amr Ceran.

Rick Reeder
Steve Solomon, Kristen Bowman and Andrew Harper represented EverWest in the LINQ transaction. The buyer was a high-net-worth investor.

EverWest represented itself in the Lionshead Avenue acquisition. Rick Reeder, Brad Tecca and Aric Starck of Cushman and Wakefield represented the property sellers, Graymark Capital and Blue Vista.

EverWest continues to seek out value-add acquisition opportunities in U.S. growth markets.

About EverWest Real Estate Investors LLC

EverWest Real Estate Investors LLC, a wholly owned subsidiary of GWL Realty Advisors, is a real estate investment and operating company based in Denver, Colorado.

Brad Tecca

The company’s goal is to create significant value for investors through a combination of capital appreciation, strategic acquisition, development, capitalization, repositioning and management of commercial real estate assets.

For more information on EverWest, please visit www.everwest.com. For more information on GWL Realty Advisors, visit www.gwlra.com.

 



Contact: 

 

Stacey Hershauer

focusAZ 

 P 480.600.0195

www.focusaz.com

 

Nationally ranked Investment Sales team joins NorthMarq to cover the Carolinas

Andrea Howard

 MINNEAPOLIS, MN – One of the top nationally ranked multifamily investment sales teams has joined NorthMarq’s Charlotte and Raleigh offices, bringing the company’s investment sales locations to 18.

Andrea Howard, Jeff Glenn, John Currin, Allan Lynch, and Caylor Mark, previously with JLL, will market multifamily investment properties primarily in the Carolinas.

 Jeff Glenn

“We are incredibly excited to welcome Andrea, Jeff, Allan, John, and Caylor to NorthMarq, as they are well-known and highly regarded in institutional capital markets,” said Trevor Koskovich, president-NorthMarq’s Investment Sales business.

“From inception, our business model was to find innovative brokers who fit our culture and could leverage our debt & equity business. We are confident the Carolina team will be an excellent addition to our platform, rounding out our coverage throughout the southern half of the U.S.”

Allan Lynch

The teammates were previously competitors, but in 2019 came together as one team, creating a market-leading powerhouse with more than $20 billion in combined transaction volume.

 Their experience encompasses investment sales of class A and B multifamily assets, land sales, and development advisory, where their experience in pre-stabilized space has dominated the Carolinas recently. 

Caylor Mark

“What’s unique about us is the level of trust we’ve developed so quickly," said Howard, managing director – investment sales.

 That trust translates into great teamwork to support our clients. By aligning with NorthMarq’s growth, we can leverage that platform to benefit clients even more.”

She brings her 20-plus years and more than $5.5 billion of multifamily investment transaction experience to the growing NorthMarq Investment Sales platform. 

Howard spent the first half of her career on the acquisition side of the business working for three different institutional investors.

Trevor Koskovich

Glenn will be managing director in Raleigh, where he will continue his more than 20-year career advising private, public and institutional investors in the disposition, acquisition and structuring of over $5.5 billion of large scale investment property.

Lynch, also managing director, has nearly 20 years of experience and a diverse transaction history totaling more than $15 billion, which includes more than $7 billion in multifamily..

Currin spent over five years at JLL and was previously with two southeast development and acquisitions firms, having nearly $5 billion in transaction volume.

NorthMarq corporate building, Atlanta, GA

Mark has eight years of multifamily investment sales experience with more than $5.4B of multi-housing transactions across the southeast, along with four years working in office and retail leasing.

They join NorthMarq as senior vice president-investment sales.

 In business since 1960, NorthMarq has grown to more than 650 employees through more than 20 acquisitions, nearly $65 billion loan servicing portfolio and access to hundreds of capital sources, including Fannie Mae DUS, Freddie Mac, and FHA/HUD platforms and nearly 100 life company relationships.

 Contact: 

 

NorthMarq 

aaminov@northmarq.com