Historic Windmill House in The Hamptons, Long Island, NY Going for $11.5 Million

Windmill House has only 1,300 square feet  of living space
with two bedrooms and one bath

 

Samuel Rubin

THE HAMPTONS, LONG ISLAND, NY -- Both a rare conversation piece and a charming small home, this former working windmill was converted into a home in the 1950s by Faberge cosmetics-founder, Samuel Rubin, now for sale priced at $11.5 million.

 The Windmill House is believed to have been built by the descendants of the first Dutch settlers in Amagansett: the brothers Abraham and Jacob Schellinger. 

When New Amsterdam, at the tip of what is now Manhattan, was taken over by the British, Abraham and Jacob’s father moved the family to Amagansett. 

The family built the windmill approximately 200 years later to provide power for the next door apple orchard, which still exists today.

Brooke Shields

When Rubin bought and converted the windmill into a home in the 1950s, he had tennis courts and used the property to entertain friends, according to TopTenRealEstateDeals.com.

 Beyoncé

Though only 1,300 square feet with two bedrooms and one bath, the house sits on 5.3 acres and is only a few minutes to both Napeague Bay and the Atlantic Ocean. 

Christie Brinkley

The ground floor opens to an 18’ by 18’ hexagonal living space with wide-plank hardwood floors and exposed-beam ceilings and a stairwell with a rope banister that leads to the upper levels. Also on the main level are the kitchen, a bedroom and bath. 

Kelly Ripa

The second floor of the windmill is the main bedroom, and above that is the unfinished tower room that housed the wooden mechanical workings of the sails, including a break that would stop them. 

Jerry Seinfeld

Many parts of the original hand-hewn works are still there, as well as a storage closet.

Alec Baldwin

On par with Beverly Hills and Miami Beach, numerous celebrities have made the Hamptons their vacation or permanent homes. 

It’s within commuting distance of Manhattan but offers a laid back, beachy environment that maintains a charming vibe. 

Jay Z

Some celebrities hop back and forth by helicopter to get their Hamptons fix, while others live there all or most of the year, including Jerry Seinfeld, Brooke Shields, Beyoncé and Jay Z, Alec Baldwin, Kelly Ripa, Robert Downey, Jr. and Christie Brinkley.

Robert Downey, Jr

The listing agent is Bobby Rosenbaum of Douglas Elliman, Bridgehampton, New York.

CONTACT:

 Genelle C. Brown

Content Manager

 Media Division

TopTenRealEstateDeals.com
Phone:  336-459-3728
Twitter:  @toptenrealestat
facebook.com/toptenrealestat  

 

Photo Credit:  Courtesy of Douglas Elliman
Sources:  TopTenRealEstateDeals.com and  www.elliman.com

Circle Industrial Credits Lee & Associates For Its Industrial Growth in Atlanta

Amy Martinez 

 ATLANTA, GA -- Lee & Associates Atlanta is pleased to announce the portfolio growth of their long-term client, Circle Industrial.

Lee & Associates’ Amy Martinez CCIM represents the LA-based industrial real estate investment group, Circle Industrial, in adding another four assets to their Atlanta portfolio to 1.1 million square feet overall.

Lindsay Merritt

 Circle Industrial CEO Patrick Maloney said, “Lee & Associates has been a great partner for Circle in Atlanta.

"Our portfolio has performed exceedingly well, which is a reflection of the great market, our internal associates and leasing brokers, and our hands-on property managers Amy and Lindsay (Merritt) at Lee & Associates, who work seamlessly with our Circle team as an extension of our company.

Patrick Maloney

"We look forward to continued growth in the market and expansion of our platform with Lee & Associates.”

CONTACT:

Bentley Logue
Graphic Designer
Lee & Associates | Atlanta
O: 404.442.2940
blogue@lee-associates.com

 

Lee & Associates of Illinois Welcomes Grant Bollman

 

 

 Grant Bollman

Rosemont, IL -- Lee & Associates of Illinois is excited to welcome Grant Bollman to our office team.

 

In his new position at Lee, Grant will work alongside Ryan Freed and Tony Russo and focus his time in the I-88 / ­­­­­­­­­­­­­­­­­­­East-West Corridor as well as I-90 Northwest suburbs.

 He will specialize in office space tenant representation and investment acquisition & disposition of office properties.

 

Prior to joining Lee & Associates, Grant worked as a Senior Associate at Cawley Chicago. His primary focus was to start and grow the office space tenant representation practice by procuring and executing tenant advisory transactions in the East-West Corridor. Previously, Grant worked as an Associate at Savills.

 

Grant earned a BA in Business & Economics from Wheaton College (IL).

    CONTACT:   

 Lee & Associates of Illinois        

Jessica Madden

 jmadden@lee-associates.com

                                     

 

 

 

 

Alliant National Announces Hiring of Mara Alyson, Underwriting Counsel Florida

 

Mara Alyson

Longmont, Colo. – (February 25, 2021) Alliant National Title Insurance Company, a unique title insurance underwriter that partners with independent agents to improve their competitive position, announces the hiring of Mara Alyson, Underwriting Counsel Florida. “Mara is a seasoned legal professional who has an incredible grasp of all aspects of the title industry - from abstracting and examining to closings and underwriting," said Brenda J. Cannon, Regional Counsel Florida and Senior Vice President.  Brenda J. Cannon "There is no doubt that she will be an exceptional addition to our team and operations, or that her diverse expertise will allow Alliant National to be an even more powerful force in the title insurance field.”  Alyson graduated with honors from Florida Atlantic University. She earned her JD from Nova South Eastern University, Shepard Broad Law Center.  She is a member of the Florida Bar and the U.S. District Court for the Southern District of Florida. CONTACT: Cathie Beck 303.241.0805 cathie@capitalcitypr.com alliantnational.com

Meta Housing and LA Family Housing Break Ground on 56-Unit Affordable Housing and Special Needs Community in Sylmar, CA

 

Stephanie Klasky-Gamer

Sylmar, CA – Meta Housing Corporation, a Los Angeles-based developer, in a joint venture partnership with LA Family Housing, a Los Angeles-based affordable housing developer and homeless service provider, have announced the groundbreaking of Silva Crossing, a 56-unit, permanent supportive housing community located in the Sylmar neighborhood of Los Angeles, California.

 The $30.5 million development is designed to be an investment in the community by helping to address the ongoing need for permanent supportive housing that serves the most vulnerable populations in our community, according to Kasey Burke, President of Meta Housing.

Kasey Burke

“There is a demonstrated shortage of housing for persons who are experiencing homelessness in Los Angeles,” says Burke.

 “Silva Crossing will provide these individuals with a safe and stable living environment while offering case management and other supportive services that are so greatly needed in this region.”

 Meta Housing partnered with LA Family Housing, Los Angeles Housing + Community Investment Department, Los Angeles County Development Authority, California Department of Housing and Community Development, California Debt Limit Allocation Committee, California Tax Credit Allocation Committee, Los Angeles County Proposition HHH, No Place Like Home, Los Angeles County Measure H, RBC Capital Markets, and Pacific Western Bank to finance the project. 

Emilio Salas

 “LA Family Housing is proud of the investment in Silva Crossing and all that this property will bring to its future tenants and the surrounding community,” says Stephanie Klasky-Gamer, President and CEO of LA Family Housing.

 “In partnership with Meta Housing, we realize our vision to create homes that provide dignity, affordability, and a sense of belonging throughout Los Angeles.”

 Emilio Salas, LACDA Executive Director, adds: “As we know, the current crisis threatens to reinforce inequalities and deepens the struggles of our disadvantaged populations, including individuals with limited means and those experiencing homelessness.

   Silva Crossing groundbreaking, Sylmar neighborhood
   of Los Angeles, CA. From left: Stephanie Klasky Gamer, President and CEO of LA Family Housing; Mayor Eric Garcetti; Lynn Katano, Director at LACDA; Councilwoman Monica Rodriguez; Kasey Burke, President of Meta Housing.

 "The groundbreaking of Silva Crossing is an effort to improve the quality of life for residents and an investment in a more sustainable future for affordable housing.”

 The site was acquired in July of 2018 and construction began in October of 2020.

 Meta Housing Corporation and LA Family Housing will serve as co-developers on the project. Y&M Architects will serve as the project’s architect, while KPRS will serve as contractor.

 Silva Crossing is located at 12667 San Fernando Road in Los Angeles, California. The project is expected to be completed in July of 2022.

CONTACTS:

Micaela Fehrenbach / Lexi Astfalk

Brower Group

mfehrenbach@brower-group.com

(949) 438-6262

www.lafh.org

 www.metahousing.com.

Foreign investor acquires Baltimore industrial facility

 

Jay Wellschlager

BALTIMORE, MD, Feb. 26, 2021 – JLL Capital Markets announced today that it has closed the sale of and secured acquisition financing for a fully leased, 313,000-square-foot infill warehouse at 2209 Sulphur Spring Rd. near Interstates 95 and 695 in Baltimore, Maryland. 

 JLL marketed the property on behalf of the seller, The O’Donnell Group. Aminim Group purchased the asset. Additionally, working on behalf of the new owner, JLL arranged the acquisition loan.

Bruce Strasburg

Located in an Enterprise Zone at the northern end of the Baltimore-Washington Corridor, the property features approximately one acre of fenced storage, heavy power, security, 35 loading docks and the potential for 56 trailer drops.

Tenants include Liberty Tire Recycling and Indusco Wire Rope and Fittings. 

Since 2013, the property received approximately $6.5 million of capital improvements invested into the property, including a new roof, T5 and LED lighting, dock seals, 35,000-pound levers, façade accents and two new bridges to traverse and improve access over a stream on the property along with additional loading positions, asphalt and storefronts. 

Craig Childs 

 The JLL Capital Markets team representing the seller included Managing Director Jay Wellschlager, Senior Managing Director Bruce Strasburg, Director Craig Childs and Analyst Elizabeth Runge, with local market expertise provided by the building’s leasing team, Dave Dannenfelser and Tyler Boykin. Senior Director Paul Spellman secured the loan on behalf of the new owner.

 

In 2018, the seller engaged Managing Director Dave Dannenfelser and Vice President Tyler Boykin of JLL Agency Leasing to lease the property, which they purchased in December of 2017 with a pending full building vacancy.

Dave Dannenfelser 

Within just 12 months, the team successfully brought the vacant warehouse to full occupancy with an average lease term of more than seven years. 

 

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 sales 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 our newsroom.

Tyler Boykin

About The O’Donnell Group

The first O’Donnell development partnership was created in 1972. 

Since then, The O’Donnell Group has developed or acquired over 23,000,000 square feet of industrial and office business parks in California, Washington, and Alaska.

 Over the years, The O’Donnell Group has consistently been ranked among the top developers in the state of California.

 

About Aminim Group

Aminim Group is a privately held, boutique commercial real estate investment company led by industry veterans.

Paul Spellman

Aminim has purchased more than 10,000 apartment units in the United States, and around 900,000 square feet of industrial and other commercial space.

 

 Aminim focuses on acquiring and investing in multifamily, residential, industrial and logistics commercial real estate in growth markets.

 

 

CONTACT:

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

Kimberly.Steele@am.jll.com

 us.jll.com/capitalmarkets

 

EverWest Acquires Two-Building Industrial Portfolio in Aurora, CO for $66.45 Million

Phil Larger

 AURORA, CO – EverWest Real Estate Investors has acquired Tower Business Center, a new, two-building industrial portfolio in Aurora, Colorado, for $66.45 million.

Jessica Ostermick

 Located in the Denver airport submarket, the portfolio totals 422,961 square feet and is fully occupied by two national credit tenants under full-building, long-term leases.

Jim Bolt

“This was a rare opportunity to capture Class A product located in the largest and most dynamic industrial corridor in the city, and with more than 12 years of stable, contractual cash flow,” said EverWest Director of Acquisitions Phil Larger.

Delivered in 2019 by United Properties, Tower Business Center is located at 18701 and 18901 E. 38th Ave. Its buildings total 289,113 square feet and 133,848 square feet, respectively.

Jeremy Ballenger

They feature 32’ clear height, a combined 73 dock-high and five drive-in doors, 130’ truck courts with secured yards, LED lighting and ESFR sprinkler systems. Collectively the buildings can park 417 cars and 73 trailers.

The 18701 cross-dock building is fully leased to Tempur Sealy, the world’s largest bedding provider. The 18901 building is fully leased to Sprouts Farmers Market, with cooler, dry storage and ripening capabilities.

Tyler Carner

Jim Bolt, Jeremy Ballenger, Tyler Carner and Jessica Ostermick represented the seller, a joint venture between United Properties and Artis REIT.

Tower Business Center is the latest in EverWest’s active industrial acquisition strategy. The firm is seeking additional attractive real estate opportunities.

For more information on EverWest, 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