Wednesday, March 31, 2021

Hold-Thyssen Assists Label Manufacturer’s Florida Expansion with New Sales Office in Tampa’s Westchase Commons



Theresa Margaris 

 Tampa, FL and Clearwater, FL --- Hold-Thyssen, Inc. recently completed a long-term lease agreement with a Connecticut-based firm expanding in Florida with a sales office at Westchase Commons, 13051 W. Linebaugh Ave. just east of Race Track Road in the Westchase area of Tampa . 

 Transaction Specialist Theresa Margaris at Hold-Thyssen’s Clearwater office brokered the transaction representing JQ Properties, LLC, the Tampa-based landlord of the professional office park. 

 The new tenant Specialty Printing, LLC designs and manufactures custom labels for government, retail and medical uses. The company is headquartered in East Windsor , CT , with distribution centers and sales offices throughout the country 

 Contacts: 

Richard J. Fisher Vice President/Investor Services Hold-Thyssen, Inc. 
 813-880-7100 ext303 rfisher@HoldThyssen.com

 Robert P. Hold Principal Hold-Thyssen, Inc. 407-691-0505 bhold@HoldThyssen.com 

 Larry Vershel or Beth Payan, Larry Vershel Communications Inc. 
 407-644-4142 Lvershelco@aol.com


The Bee Gees Robin Gibb Mansion in Long Island, NY for Sale at $12.9 Million

 

Barry (top), Maurice (bottom)
 and Robin (center) Gibb.
 (Photo courtesy:
(Sean O’Meara/Getty Images and Billboard) 
Credit...


LONG ISLAND, NY -- In the 1960s and ‘70, the Bee Gees were rock ‘n’ roll royalty. Three brothers: Barry, Maurice and Robin Gibb even rivaled the Beatles for a few years for record sales and popularity.

The Long Island waterfront home where Robin lived in the 1970s and ‘80s is for sale with an asking price of $12.9 million.

Former Bee Gees Mansion in Long Island, NY,
built in 1926and named “Kenjockety,”which is
 Native American for “Far from Noise.”

On almost seven acres, it was built in 1926 and named “Kenjockety,” which is Native American for “Far from Noise.”

Arthur H. Fleming, 1920
(photo courtesy Wikipedia)
Originally built as a wedding gift from lumber-magnate Arthur H. Fleming to his daughter, Marjorie, the home was designed by Bertrum Grosvenor Goodhue, who designed over 30 prominent Gothic and Spanish Colonial-style buildings in the early 1900s.

They included St. Bartholomew’s Church in New York City, the Chapel at West Point, the Nebraska State Capitol and the Rockefeller Library at the University of Chicago.

Fleming spared no expense when it came to his daughter. From location to landscaping, not a detail was overlooked, according to TopTenRealEstateDeals.com.

Sited on a bluff on almost seven acres, Kenjockety has views of Oyster Bay and Cold Spring Harbor across Long Island Sound.

Christie Brinkley

Grounds contain a greenhouse, swimming pool, a one-bedroom cottage with a wood-burning fireplace, a large deep water dock designed for large yachts, and over 500-feet of beachfront. The beachfront is protected by a new seawall.

Angelina Jolie

Purchased last in 2011 by its current owner, Kenjockety has undergone nine years of refurbishment at a cost of over $7 million, though never lived in by the latest owner.

Billy Joel

The interior has ten fireplaces, seven bedrooms, seven full baths and three half baths. As expected of grand houses of the era, rooms are large but still warm and inviting.

Jerry Seinfeld

The impressive foyer has a solid mahogany-coffered ceiling, marble-tiled floor and large fireplace. Both the formal living and dining rooms have wood-burning fireplaces and there is a winter garden room that opens from the living room.

Bonnie Williamson

Loaded with character, two surprises are a hidden powder room in the bookcase of the library and a hidden built-in bar on the other side of the library with a sink and wine refrigerator.

Walls throughout the structure have Venetian plaster, and wood used in all the rooms is mahogany, including the custom-closet systems.

Lauryn Koke 

In addition to the public rooms, there is a third-floor home office, a game room, and a totally refurbished kitchen with a breakfast room. Like almost every room in the house, the kitchen breakfast room overlooks the gardens and water.

With roots in England and Australia, the Bee Gees hit it big in the late 1960s with songs such as “To Love Somebody,’ “Massachusetts” and “Holiday” but saw their popularity wane in the early 1970s.

 


In 1975, they moved to Miami and relaunched the group with their new disco sound, made forever famous with their soundtrack for the movie Saturday Night Fever.


One of the best-selling albums of all time, Saturday Night Fever won five Grammy Awards with songs including “Staying Alive” and “Night Fever.”

 

After Maurice died in 2003, Barry and Robin continued to perform occasionally, both individually and as a duo, until Robin became ill.

 

Robin was one of the many celebrities who have been drawn to the area, including Christie Brinkley, Billy Joel, Angelina Jolie and Jerry Seinfeld.

 

Listing agents for the Kenjockety estate are Bonnie Williamson and Lauryn Koke of Daniel Gale Sotheby’s International Realty, Cold Spring Harbor, New York.

 CONTACT:

 Genelle C. Brown
Content Manager, Media Division

TopTenRealEstateDeals.com
Phone:  336-459-3728

Twitter:  @toptenrealestat
facebook.com/toptenrealestat  

Photos:  https://www.dropbox.com/sh/ijyrm923x75ic38/AAA5XA-8iPZUvND36_Yzf8fua?dl=0   ;

 

Source: www.danielgale.com
YouTube:  https://www.youtube.com/watch?v=NKYQtNFh0Ck 

Photo Credit:  Tyler Sands, Sands Media House
YouTube Credit:  Sean Evans, @evvo1991 backtothemovies.com/
Source:  TopTenRealEstateDeals.com 

Comunidad Partners and Nuveen Acquire 603-Unit Affordable Multifamily Asset in "the most diverse square mile in America"

 

Pamela West

CLARKSTON, GA — Comunidad Partners, a minority and women-owned real estate investment firm that specializes in workforce / affordable housing communities in culturally diverse neighborhoods, in partnership with global investment manager Nuveen, has acquired Village at the Creek, a 603-unit affordable and workforce housing community in Clarkston, Georgia in an off-market transaction.

 This acquisition represents Comunidad’s continued mission of bringing institutional capital to underserved markets with diverse populations across the sunbelt region of the U.S., according to Antonio Marquez, Comunidad’s Managing Partner.

 “This particular location within the Atlanta submarket is dubbed ‘the most diverse square mile in America’ as it is a melting pot of immigrants, migrants and refugees who have come to the U.S. seeking a better life,” explains Marquez.

 

Antonio Marquez

“This acquisition is closely aligned with our investment mission of creating culturally-relevant, inclusive communities that are tailored to the various ethnicities that live within the communities we serve and in markets that are poised for long-term economic growth.”

 This represents Comunidad’s fifth acquisition in the Atlanta market bringing its total holdings in the area to more than 1,566 units.

“The Atlanta market, including Clarkston, has undergone tremendous growth over the last several years yet is experiencing an affordable housing crisis along with a gap in resources and services that are needed to support residents that are critical to the local workforce,” says Marquez.

Village at the Creek, a 603-unit affordable
 and workforce housing community
 
at 751 North Indian Creek Drive
 in Clarkston, GA

 According to Pamela West, Managing Director, Global Real Estate, Impact Investing at Nuveen, the firm’s focus on social and environmental impact was one of the major reasons they decided to partner with Comunidad.

 “We were extremely attracted to this community for several reasons,” says West. “First, it is located in an economically and culturally diverse neighborhood that is poised for continued growth.

 "Secondly, it is closely tied to our focus on impact from both a social programming standpoint and long-term preservation perspective. Comunidad has an exceptional track record and we are excited to be partnering with them in this shared mission.”

Contact:


Katie Haga

Brower Group

(949) 438-6262

khaga@brower-group.com

Home - Comunidad Partners.

www.nuveen.com.

 

IMG Brokers $41 Million Sale of Waterleaf Townhomes and Apartments in Port St. Lucie, FL

 

 Karlin Conklin

Port St. Lucie, FL — Investors Management Group, Inc. ("IMG")  announced it has sold Waterleaf Townhomes and Apartments, a 230-unit community located at 1900 SE Hillmoor Drive in Port St. Lucie to Covenant Capital Group for $41.55 million.

IMG and its investors will exchange the proceeds as part of a long-term multifamily investment strategy.

 IMG acquired the property in 2017 for $26.75 million. The Company invested $3.1 million on renovations in the townhome interiors plus the fitness center, pools, sports park, and other common-area amenities.

Darron Kattan 
IMG’s renovations attracted renters who paid an average $200 premium for the upgrades.

“Identifying communities with attractive fundamentals in emerging markets is IMG’s competitive advantage. 

"We're always operating ahead of the mainstream," said IMG Principal and Executive Vice President Karlin Conklin.

 Conklin also notes that “With the heightened competition in secondary and tertiary markets, investors are paying premium prices for the best multifamily assets.

"It’s a good sign of investor confidence in multifamily as a reliable investment vehicle. We’ll continue following our value-add business model in Southeast markets as we grow our portfolio.”

 IMG currently owns an apartment community in Tampa, the 276-unit Solis at Ballast Point which it acquired in 2018. IMG has transacted over 1,000 units across the Miami and Tampa metros over the last decade.

 Darron Kattan of Franklin Street represented IMG in the transaction.

Neil Schimmel

Founded by Neil Schimmel, Investors Management Group (“IMG”) is a real estate sponsor focused on multifamily assets across a national platform.

 For over a decade, IMG has grown investor capital by increasing rental housing value and enhancing the resident living experience.

 IMG has acquired 9,500 multifamily units representing 40 properties nationally since 2010. Of the properties sold, the average return was 27%.


 IMG currently owns and operates 3,600 apartment units across the U.S. Total investor capital in IMG-sponsored multifamily real estate exceeds $360 million.

 

 CONTACT:


David Ebeling

Ebeling Communications

949.861.8351

949.278.7851 (Cell)

david@ebelingcomm.com

 

Lincoln Property Co. Promotes Three in Desert West Region

 

David Krumwiede

PHOENIX, AZ, March 31, 2021 – Leading developer and property manager Lincoln Property Company (LPC) has promoted three within its Desert West development and leadership team: David Krumwiede, Nick Nudo and Justin Arnitz.


In his new role as Senior Executive Vice President, Krumwiede will continue to direct LPC’s award-winning metro Phoenix presence while also advancing a strategic multi-market expansion of LPC Desert West across its region of Arizona, Nevada, Utah and New Mexico.

Nudo has been promoted to Director of Real Estate, focusing on leasing for the firm’s Class A office and industrial space in the Desert West region.

 Arnitz, who advances from Real Estate Associate to Associate Director of Real Estate, focuses on LPC Desert West development and acquisitions, and collaborates with Nudo on property leasing efforts.

Nick Nudo 

“This year marks the 20th anniversary of the LPC Phoenix office,” said Krumwiede. “It has been an honor to serve Lincoln over the past two decades and to establish – and continue to grow – our talented team and our high-quality, highly creative market presence.

Across his career, Krumwiede has managed the development and acquisition of more than 22 million square feet of space, including the development of almost 15 million square feet of Class A office, industrial, retail and mixed-use product.

Nudo previously served LPC as a Senior Real Estate Associate, and held Senior Associate and Associate broker positions at Cushman & Wakefield and Lee & Associates. Arnitz previously served LPC as Real Estate Associate.

 Cumulative activity by LPC Desert West has earned the team numerous awards, including back-to-back 2018 and 2019 NAIOP Arizona Owner/Developer of the Year.

Justin Arnitz

Recent landmark projects by LPC Desert West include development of the first two (of eight) Class A office buildings at The Grand at Papago Park Center in Tempe, Arizona; the Class A Lincoln Logistics 40 and Park303 industrial employment centers in Phoenix’s West Valley; and the Class A Waypoint and Union office projects at the confluence of Scottsdale, Tempe and Mesa, Arizona.

Upon their disposition, Waypoint, Grand1, Grand2 and Lincoln Logistics 40 earned record-breaking sale prices.

The Desert West team continues to pursue acquisition and development opportunities across the region. To learn more contact Krumwiede or John Orsak at 602.912.8888.




CONTACT:

Stacey Hershauer

focusAZ 


P 480.600.0195

www.focusaz.com