Wednesday, April 28, 2021

Ware Malcomb Announces Completion of LaunchDarkly Headquarters in Uptown, Oakland, CA

Rhea Butler
 

SAN FRANCISCO, CA – Ware Malcomb, an award-winning international design firm, announced construction is complete on LaunchDarkly’s headquarters in uptown Oakland, California.

  Ware Malcomb provided interior architecture and design and branding services for the project. 

 “Our focus was to bring the LaunchDarkly brand to life while weaving in the authenticity of Oakland culture,” said Rhea Butler, Director, Interior Architecture & Design of Ware Malcomb’s San Francisco office.

Lake Merritt Plaza
 Downtown, Oakland, CA
 “It was exciting to contribute to the growth of LaunchDarkly.”

The General Contractor for the project was WCI-General Contractors. 

 LaunchDarkly, a software company that produces the leading feature management platform, is located in the popular uptown neighborhood of downtown Oakland at the Lake Merritt Plaza.

 The highly sought-after plaza offers spectacular views of Lake Merritt, as well as quick access to the Oakland airport and the BART station.

 The 30,000 square foot remodel offers office upgrades across two floors.

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

InvenTrust Properties Corp. Hires Matt Hagan as VP of Leasing for the Southeast Region


Matt Hagan

ATLANTA, GA -- InvenTrust Properties Corp. ("IVT")  announced that it has hired leasing executive Matt Hagan as VP Leasing for the company's Southeast region. 

Hagan will oversee anchor and shop leasing at the 20 grocery-anchored shopping centers that InvenTrust Properties owns in the Atlanta, Orlando, Tampa and South Florida markets.

 "Matt's familiarity with the Georgia and Florida markets, his well-honed leasing skills and retail relationships are the perfect complement to our Southeast team," said Matt Hendy, InvenTrust SVP of Operations. "IVT also has a number of renovation projects in this region that will benefit from his deep experience in this region."

 

Matt Hendy

Hagan joins InvenTrust from Regency Centers, where he spent 13 years in a variety of leasing and management positions, most recently as Vice President - Market Officer. 


Throughout his career, he has been involved with approximately 700 real estate transactions, totaling over 1.9 million square feet in more than 65 operating properties and new developments in the Southeast. 


Hagan has a BS in Business Administration from the College of Charleston and obtained his MBA from the University of Florida. He is a member of ICSC and holds an active real estate license in Florida.


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.”

CHMWarnick and Pinnacle Advisory Group Form Strategic Alliance

 

Rachel Roginsky

BOSTON, MA, April 28, 2021—Officials of CHMWarnick, the leading hotel asset management and owner advisory services company, and Pinnacle Advisory Group, a premier national hospitality consulting firm and women-owned business, today announced the formation of a strategic alliance.

CHMWarnick and Pinnacle boast company track records spanning 25 and 30 years, respectively.

The move leverages vast industry experience and reputation, while broadening the business platform, depth of expertise and knowledge base of both companies to provide superior asset management and hospitality advisory services to their respective clientele. 

                “The new pandemic reality has resulted in a tremendous surge for assistance from an increasingly larger pool of hotel owners, investment groups and lenders,” said Chad Crandell, managing director and CEO, CHMWarnick.

 Chad Crandell

“Whether it is advice on how to deal with an existing hotel in an underperforming market, assessing acquisition or development opportunities or simply strategizing logical next steps, hoteliers need experienced, financially prudent guidance.

"This alliance strengthens both companies’ abilities to respond to an ever-changing landscape as the hospitality and travel industries continue to rebound from the COVID-19 pandemic, as well as support clients looking to take advantage of investment opportunities that this unique period presents.”

                “We saw this as an ideal match between the two companies - we fit like a hand in a glove,” said Rachel Roginsky, principal, Pinnacle Advisory Group. 

“Both of our groups are recognized as leaders within the industry with reputations for delivering sound, strategic advice based on decades of experience.

"By drawing on each company's distinct strengths, this alliance allows us to offer the most comprehensive services available and expanded benefits for our clients."

 CONTACT:

 CHRIS DALY

PRESIDENT

DG Public Relations, LLC

42806 Oatyer Court

Broadlands, Va. 20148

Main: 703-435-6293

Mobile: 703-864-5553

 chris@dalygray.com 

 www.dalygray.com

 https://pinnacle-advisory.com/.

Twitter @CHMWarnick and LinkedIn.

www.CHMWarnick.com

 

D.C. office market starting to see return of foreign investment

 

Miyeon Lee 

WASHINGTON, DC – JLL Capital Markets announced it has arranged the recapitalization of Midtown Center, a 868,834-square-foot, trophy office property in the heart of Washington, D.C. Midtown Center is the headquarters location for Fannie Mae.

 JLL worked on behalf of the developer and owner, Carr Properties, to source equity through a consortium of Korean investors led by IGIS Asset Management. The Korean consortium will own a minority interest in the REIT that owns the property.

Jim Meisel 

Midtown Center has a prominent location at 1100 15th St. NW in the heart of Washington, D.C.’s central business district.

Boasting a Walk Score® of 98, the property is just three blocks from the White House and is surrounded by more than 3,500 hotel rooms, numerous cultural attractions and high-end restaurants and retail offerings.

Additionally, Midtown Center offers tenants access to multiple transportation nodes for regional and national connectivity, including Reagan National Airport, Union Station, Metro access and bikes lines on L, M and 15th St.

 Recently completed in 2018, Midtown Center is a LEED Gold-certified, trophy office property comprising two 14-story towers that are interconnected through three skybridges.

Midtown Center, a 868,834-square-foot,
trophy office property in the heart

of Washington, D.C.is the
 headquarters location
for Fannie Mae.

The property was built with today’s tenants in mind, offering flexible floorplates, sustainable design and state-of-the-art building systems.

In addition, Midtown Center offers best-in-class tenant amenities, including an 8,000-square-foot, spa-like fitness center; a 5,000-square-foot rooftop terrace; 1,000 square feet of shared rooftop conference space;

Andrew Weir
Also:  a 1,300-square-foot bike room; a landscaped, European-style public plaza and ground floor retail, including Shoto Akedo, Philotimo, Dauphines, Grazie Grazie and Blue Bottle Coffee.

Midtown Center is fully leased to two tenants and serves as Fannie Mae’s new Washington, D.C. headquarters.

JLL’s Capital Markets team representing Carr Properties was led by Senior Managing Directors Jim Meisel and Andrew Weir, Managing Director Matt Nicholson and Director Dave Baker.

Executive Managing Director Riaz Cassum and Managing Director Miyeon Lee were also involved from JLL’s International Capital team.

“JLL is quite pleased to be able to source a long-term partner for Carr Properties in the midst of the pandemic,” Meisel said.

“The iconic nature of the asset and the stellar tenancy was very appealing to investors and we believe the transaction provides a great boost to the investment sales market in Washington, D.C. overall.”

 

Matt Nicholson


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.

 About Carr Properties

Carr Properties is a privately held real estate investment trust that owns, manages, acquires, and develops high-quality properties in Washington, D.C. and Boston, Massachusetts.

Dave Baker

The company currently owns a portfolio of 13 commercial office properties totaling approximately 4.2 million square feet and maintains a pipeline of three development projects that will add a further 2 million square feet of trophy-quality office space to the company’s portfolio.

Carr Properties continues to expand through strategic investments in the Washington, D.C. and Boston, Massachusetts areas.

 About IGIS Asset Management

Headquartered in Seoul, Korea, IGIS Asset Management is an independent global real estate investment company with more than $33.5 billion of assets under management as of year end 2020.

Riaz Cassum


 About JLL

JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management.

JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities.

JLL is a Fortune 500 company with annual revenue of $16.6 billion, operations in over 80 countries and a global workforce of more than 91,000 as of December 31, 2020.

JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. 

 

CONTACT:

Kristen Murphy

Senior Manager

Public Relations

 Investor Services

JLL

One Post Office Square, Suite 3500

Boston, MA 02109

T +1 617 848 1572

M +1 617 543 4873

Kristen.Murphy@am.jll.com

 jll.com

carrprop.com.

igisam.com.