Pour Vida Latin Flavor to Open Second Orange County Location at Class A Office Property in Newport Beach, CA

Monica Enes

 NEWPORT BEACH, CA – JLL, the leasing manager at 5000 Birch, a two-building, 308,567 square foot, Class A office property in Newport Beach, California, announced Manulife Investment Management is underway with enhancements to amenities at the property and has recently leased space to Pour Vida Latin Flavor.

Joe Bevan

Pour Vida Latin Flavor (“Pour Vida”) signed a 2,940-squarefoot lease on the ground floor of the property. The restaurant focuses on fresh tacos and salads in a casual environment. It also features cocktails, beer, sangria and fresh-pressed juices. This will be the restaurant’s second location in Orange County, California.

Manulife Investment Management has also started construction on a new fitness center adjacent to Pour Vida and other capital improvements are underway including new common corridors and spec suites coming in 2021.  

Wade Clark

JLL’s Joe Bevan, Wade Clark and Monica Enes oversee office leasing at 5000 Birch.  The property can accommodate a wide range of requirements from 2,000 square feet to 86,000 square feet of contiguous space with signage available. 

“We continually look for ways to enhance our properties to support the business needs of our tenants,” said Erik Gustafson, Head of U.S. Real Estate Asset Management at Manulife Investment Management.

 “This includes 5000 Birch, which provides the perfect opportunity for a growing company to occupy and create an identity in a premier area of Southern California.”

5000 Birch is ideally located in Orange County’s Airport Submarket, just minutes from the I-405, CA-73 and SR-55 freeways, providing convenient access to neighboring communities. It features a modernized outdoor plaza and abundant parking in an amenity rich area.

CONTACT:

  David Ebeling

Ebeling Communications

949.861.8351

949.278.7851 (Cell)

david@ebelingcomm.com

Member of the National Association of Real Estate Editors (NAREE)

“PR Strategist for the Commercial Real Estate Industry:  I do what I love and love what I do.”

www.manulifeim.com/realestate. 

 jll.com.

JLL Capital Markets Brokers Sale of 99-Unit Harbour Court Apartmenets in Portland, OR

 

Carrie Kahn

PORTLAND, OR – JLL Capital Markets announced it handled the sale of Harbour Court, a 99-unit apartment community in Portland, Oregon.

Ira Virden

 JLL represented the seller, Harbour Court Owner LLC, an affiliate of the ConAm Group, in completing the sale to the buyer, a joint venture between Mountain Capital Partners (MCP) and New Earth Equities (NEE). 

MCP partnered with NEE as the LP and was instrumental in the closing and securing financing.

 Originally built in 1999, Harbour Court offers spacious floorplans, 9’ ceilings and community amenities that include an indoor pool and spa, fitness center and generous parking. 

Frank Solorzano

With an exceptional, transit-oriented location, high-quality construction and only minimal upgrades completed to date, the property offers a value-add opportunity for the buyer.

 Harbour Court is located at 910 N Harbour Dr. and is centrally located in Portland’s Bridgeton neighborhood proximate to employment and recreation centers in downtown Portland and Vancouver.

The property is served by Portland’s MAX light rail service, TriMet bus lines and Interstate 5, providing convenient multi-modal transportation throughout the Metro.

Daniel Terranova

 The JLL Capital Markets team representing the seller was led by Senior Managing Director Ira Virden, Senior Director Carrie Kahn and Associate Frank Solorzano.

 Founded in 1975 and based in San Diego, the ConAm Group of Companies is a full-service real estate investment, development and services firm specializing in multi-housing management.

 NEE is represented by Daniel Terranova, founder and principal, who brings a decade of experience in real estate with a specialty in acquisitions and asset management.

This is NEE’s first acquisition since inception in August of 2020. NEE is focused on value-add and core-plus multi-housing acquisitions in Portland, Oregon.

 MCP was founded in 2014 by Brian Shirken to provide equity for real estate development and opportunistic value add transactions.

Brian Shirken 

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.

  CONTACT:

Natalie Passarelli
Public Relations

Jones Lang LaSalle Americas, Inc.

200 E. Randolph St.
Chicago, IL 60601

M +1 224 477 7307

natalie.passarelli@am.jll.com

 us.jll.com/investorservices

 

EōS Fitness signs 43,130-square-foot lease in Hawaiian Garden, CA

 

                                            Shauna Mattis

LOS ANGELES, CA – JLL announced EōS Fitness has signed a lease for 43,130 feet of space at Hawaiian Gardens Town Center, a 128,445-square-foot retail center located at 12090-12144 East Carson Street in Hawaiian Gardens, California.  

Eos Fitness is scheduled to open the new facility in April of 2021.

"We are seeing renewed interest from retail occupiers in making real estate decisions," said Shauna Mattis, JLL Executive Vice President. "As the COVID pandemic continues to evolve, we expect to see shopping center leasing normalize.”

Hawaiian Gardens Town Center,
 a 128,445-square-foot retail center,
  12090-12144 East Carson Street,
  Hawaiian Gardens, CA

Currently, EōS Fitness boasts 75+ locations open or on the way in Arizona, Southern California, Nevada, Utah, and Florida.

The brand has rapidly become the accessible and affordable choice among gym-goers looking for a high value fitness experience. The new 43,000 sq ft gym will feature the EōS Fitness signature amenities.

Hawaiian Gardens Town Center is ideally located at the corner of Carson Street and Norwalk Boulevard, just east of the Interstate 605 freeway. 

 The center is leased to several well-known tenants including O’Reilly Auto Parts, Kickin Crab, Sally Beauty and El Pollo Inka.

The community can already enroll at EōS Fitness with the low pre-opening rates on their website at www.eosfitness.com.

 

  CONTACT:

David Ebeling

Ebeling Communications

949.861.8351

949.278.7851 (Cell)

david@ebelingcomm.com

Member of the National Association of Real Estate Editors (NAREE)

“PR Strategist for the Commercial Real Estate Industry:  I do what I love and love what I do.”

  jll.com.

 

                                         

Mary Frances West

ORLANDO, FL – Mary Frances West, CCIM, Vice President at NAI Realvest, recently completed 2 office renewals at Primera Court I, 725 Primera Blvd, Lake Mary, Florida.  West represents the owner, Interchange Primera Court I, LLC.

 NCS Pearson, Inc. dba Pearson VUE Test Center offers professional licensing certifications and exams across the globe.  They renewed their lease of suite 210 with 1,408 SF. 

 

Primera Court I, 725 Primera Boulevard, Lake Mary, FL

MasTec North America, Inc. dba Mastec Network Solutions renewed their lease for suite 235 with 2,670 SF. Mastec is a specialty contractor for communications, utilities and governments.

 

 CONTACTS:

 Mary Frances West, CCIM, Vice President, NAI Realvest

407-875-9989, mfwest@realvest.com

 Patrick Mahoney, President/CEO, NAI Realvest,

407-875-9989 pmahoney@realvest.com

 Yelena Gurtovenko 

ygurtovenko@realvest.com

   www.nairealvest.com.

 

 

Student housing dormitory near University of Kansas sells

  

Teddy Leatherman 

CHICAGO, IL – JLL Capital Markets announced it handled the sale of Naismith Hall, a student housing dorm-style community totaling 504 beds, located on campus at the University of Kansas in Lawrence, Kansas.

 JLL represented the seller, Bromley Companies LLC, in completing the sale to an undisclosed buyer. 

Scott Clifton

 Naismith Hall sits on 2.84 acres, totaling 120,000 square feet and was originally built in 1965, with the most recent renovations completed in 2013.

The student housing also features community amenities, including a 24-hour fitness center, swimming pool with sun deck, renovated lounge with games, 24-hour computer lab with printing available, free on-site tutoring, community kitchen, on-site laundry, on-site parking and food service at Naismith Hall Café. 

New ownership also plans to execute a significant renovation program and modernize the student housing asset to premium standards.

 Located at 1800 Naismith Dr., the property is adjacent to the university, providing unparalleled housing opportunities for students wanting to be just steps away from campus.

Stewart Hayes

Students have accessibility across all of campus with a dedicated bus stop directly in front of Naismith Hall.

Expected growth plans are sparking the demand for student housing near the campus, with enrollment over 27,500 students.

 Additionally, the university is recognized as an R-1 Doctoral Research University, with a strong public research authority, and its NCAA Division I athletics within the Big 12 Conference is prominently known, providing ample investment opportunity with a tier one asset for the buyer.

 The JLL Capital Markets team representing the seller was led by Senior Directors Scott Clifton, Stewart Hayes, Teddy Leatherman and Executive Vice President Jim Gates.

 “Naismith Hall provides great investment opportunity for the buyer, being prominently positioned within steps from the renowned University of Kansas,” says Clifton.

Jim Gates

 “Additionally, the property has various paths to outsized returns for new ownership, given the promising increased demand for on-campus student housing in the near future.”

 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.

 CONTACT:

Natalie Passarelli
Public Relations

Jones Lang LaSalle Americas, Inc.

200 E. Randolph St.
Chicago, IL 60601

M +1 224 477 7307

natalie.passarelli@am.jll.com

 us.jll.com/investorservices