Commercial Real Estate Women Orange County, CA Announces Keynote and Emcee for 10th Annual Spire Awards

 

SuZanne Kennedy

ORANGE COUNTY, CA – After a year-long hiatus, Commercial Real Estate Women Orange County (CREW) looks forward to honoring superior performance in real estate at the 10^th Annual SPIRE Awards.

Leading the awards as Master of Ceremonies will be former CREW Orange County President, SuZanne Kennedy, National Title Coordinator at Chicago Title.  

With over 13 years of experience in commercial real estate, Kennedy’s main focus is to be sure her clients experience a smooth real estate transaction.

Dayna Neville

  If you know her, you know she loves to network and introduce those she meets in the industry to her “CREW.”

“Our event has been known to attract hundreds of commercial real estate professionals each year, and we’re anticipating an even larger turnout this year as COVID-19 restrictions have started to lift and people are gathering safely again,” said Dayna Neville, Corporate Marketing Manager at Passco Companies and Co-Chair of the CREW Orange County SPIRE Awards Committee.

Annette M. Walker

Annette M. Walker, President of City of Hope of Orange County, will headline this year’s ceremony as the Keynote Speaker.  

Walker is a visionary health care leader tapped to build City of Hope Orange County, a 21^st century approach to treating and curing cancer and other serious illness.

Twice recognized as one of the most influential leaders in U.S. health care, Walker has also held senior executive leadership positions at some of the nation’s largest health care systems.

Anita Chen

"I look forward to addressing Orange County women leaders in commercial real estate at this year’s SPIRE Awards,” Walker noted. 

 “Orange County is a place of vision and tremendous promise, which is why City of Hope chose to build a cancer center of the future right here. 

"Now, as we celebrate OC’s re-opening, it’s time for women to step up and guide our amazing region in becoming more prosperous, healthier, and stronger than ever before. 

AV Irvine convention hall, Irvine, CA

"I’m confident women can do this and hope to inspire more to take the lead.”

Anita Chen, Debt Originations Analyst at Nuveen Real Estate and Co-Chair of the CREW Orange County SPIRE Awards Committee, added, “We are thrilled to be moving forward with the 10^th Annual SPIRE Awards this fall, and know that our new speakers will bring big personality to the event.” 

This year’s award ceremony will take place on Friday, October 15, at AV Irvine, and nominations for SPIRE Awards are due by Friday, September 3, 2021.

 

 Further information on CREW ORANGE COUNTY is available at https://www.creworangecounty.org/#!event-list.

CONTACT:

 

Miki Akil  |  Kitchen Table Marketing + PR

832.260.4414  |  miki@kitchentablepr.com

Daum Commercial Completes Record-Setting Sale of Fully-Leased Industrial Facility in Huntington Beach, CA

SOLD:  Fully-Leased Industrial Facility
 at 18302 Gothard Street
 Huntington Beach, CA

 

HUNTINGTON BEACH, CA – DAUM Commercial Real Estate Services has completed the off-market sale of an industrial facility totaling nearly 12,000 square feet in the Orange County submarket of Huntington Beach, California.

The property, located at 18302 Gothard, sold for approximately $3.65 million.

Mike Barreiro

The asset is 100% triple-net leased to collision repair operator Service King, a national credit tenant, according to Mike Barreiro, Executive Vice President and Principal at DAUM, who represented the seller and procured the buyer alongside Devin Ray, Associate at DAUM. 

“Based on our depth of knowledge of the West Orange County industrial market and its limited inventory, we understood and were able to clearly communicate the value of this asset based on the quality of the location, tenant, and lease term to potential buyers,” explains Barreiro, who notes that his team is responsible for 46% of Huntington Beach industrial sales under 15,000 square feet over the last two years.

Devin Ray

“This was a win-win transaction in which we were able to secure a record-setting price for the seller and bring an increasingly rare investment opportunity to the buyer.”

Barreiro notes that the tight West Orange County market saw a direct vacancy rate of 2.34% in Q2, according to a recent DAUM report.

 The sale price broke a previous Huntington Beach industrial record set by Barreiro’s team for buildings in the 7,000-to-13,000 square-foot size range by 11%.

Ray adds: “We were able to take this acquisition opportunity to our network of buyers with whom we’ve formed long-standing, trusting relationships, procuring several offers off market and ultimately closing with an all-cash buyer within 35 days.”

The asset is in a prime South Huntington Beach location with convenient access to State Route 39, State Route 1, and Interstate 405.

Situated on 0.57 acres, it features street frontage, 18’ warehouse clear height, two ground-level loading doors, a fenced yard, an AQMD-approved spray booth, warehouse skylights, and 200 amps of power.

 

CONTACTS:

 Arleeny Escarcega / Elisabeth Manville  

Brower Group  
(949) 438-6262 
aescarcega@brower-group.com 

 http://www.daumcommercial.com/

 

D&M Renews Lease for Nearly 70,000 SF at Providence Towers in Dallas, TX

 

Kim Brooks

DALLAS, TX – Transwestern Real Estate Services (TRS) and KBS, one of the largest investors in commercial real estate, announce that DeGolyer and MacNaughton (D&M), a long-standing international petroleum consulting company, has signed a long-term lease extension for 65,543 square feet at Providence Towers at 5001 Spring Valley Road.

Providence Towers, 5001 Spring Valley Road. Dallas, TX

The company will continue to occupy floors seven through nine in the East Tower, with the space also serving as the company’s headquarters.

Justin Miller

Transwestern’s Kim Brooks, Justin Miller and Scott Walker represented KBS in the negotiations. CBRE’s Jeff Ellerman and John Ellerman represented D&M.

 “We are proud to have retained such a high-profile tenant in this beautifully designed building,” said Brooks. 

“With best-in-class amenities and proximity to the tollway, D&M will continue to enjoy all the benefits of the space for years to come.”

 

This transaction highlights the ongoing demand for upscale office space in strong desirable locations throughout the Dallas market, according to Gio Cordoves, Western regional president for KBS.

Gio Cordoves

“KBS has a successful track record of identifying opportunities in growth markets. Using our active asset management strategy, we are able to target the very best properties in those markets,” says Cordoves.

“Dallas has demonstrated remarkable economic resiliency during the pandemic and is expected to grow exponentially in the coming years.

"Providence Towers, a premier asset located at one of the most prestigious business addresses in this market, continues to draw in and retain top-quality tenants.”

Brett Merz

The lease renewal agreement speaks to the property’s prime location, in-demand amenities and easy access to the Dallas area, according to Brett Merz, asset manager for Providence Towers and senior vice president of KBS.

 “Known as the jewel of the platinum corridor, Providence Towers is one of the most recognizable buildings in the area with its iconic structure and grand archway,” says Merz.

 “The property offers an upscale business environment and an envious suite of amenities to satisfy the most discerning of companies. It is not surprising that a prominent global firm like D&M would opt to stay for the long term.”

               Scott Walker

The Class A office property’s amenities include a wine lounge, putting green, full-service car detail service, concierge and fitness center. In 2021, the property underwent a multi-million-dollar renovation to upgrade the on-site café and deli. The renovated space includes a lounge with a fireplace, collaborative working space, pool tables, shuffleboard, a private dining room and outdoor seating.

 Established in Dallas in 1936, D&M operates offices around the globe providing a wide range of petroleum consulting services to clients worldwide. 

 

                John Ellerman

KBS also owns several other Class A properties in the Dallas market, including office assets 3811 Turtle Creek, Highland Park Place, Preston Commons and Sterling Plaza and residential asset Novē at Knox.

 

CONTACT:

 

Micaela Fehrenbach 

mfehrenbach@brower-group.com

 

www.kbs.com.

transwestern.com