NAI Realvest's Mary Frances West Brokers Three New Central Florida Commercial Deals

 Mary Frances West

 

ORLANDO, FL – Mary Frances West, CCIM, Vice President at NAI Realvest, recently represented two new Arthur Murray franchises in finding locations.

She also recently represented the owner, Casa Acacia, LLC, of a two-story, multi-use facility located at 1865 North Econlockhatchee Trail, Orlando, FL.

Arlene Martinez

 Casa Acacia sold the 16,597 SF building on 3.04 acres for $2,500,000.  The buyer, Spale Holdings, LLC, plans to use the property for a STEM school. 

Nicholas Alix

The buyer was represented by Nicholas Alix and Arlene Martinez with Grizzard Commercial Real Estate Group.

 West has represented Arthur Murray franchisees in finding locations in Winter Park, Lake Mary, Dr. Phillips, Waterford Lakes and Ormond Beach.

 In Sarasota, Jessica Benitez and Bryan Gaj leased 2,547 SF in Square South Plaza, 8383 Tamiami Trail, Ste 114. 

Susanne Arbagy

  Ms. Benitez and Mr. Gaj have been Arthur Murray instructors for 11 years, and are re-locating from New York City to open this new location, which just opened. 

 The landlord, Square South Plaza, LLLP was represented by Susanne Arbagy with ICORR Properties International.

 In Orange City, IMKC, Inc. dba Arthur Murray Dance Studio leased 3,167 SF in the West Volusia Retail Center, 855 Harley Strickland Blvd, Ste 855.  The studio plans to open by fall 2021.

 

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

Daum Commercial Secures Long-Term Lease for 202,400-SF Industrial Building in Moorpark, CA

 

Amazon is leasing this 202,400-SF
 Industrial Building at 6000 Condor Drive
  in Moorpark, CA, a deal arranged
by Daum Commercial

Bram White

MOORPARK, CA -- DAUM Commercial Real Estate Services has completed the long-term lease of a 202,421 square-foot industrial building in the Ventura County submarket of Moorpark, California on behalf of the lessor interest through Transwestern Development Company, who was the project developer.

The property, which is also managed by Transwestern, was leased to Amazon, according to Bram White, SIOR, an Executive Vice President at DAUM Commercial, who represented the lessor along with Don Thordarson of Donald J. Thordarson, Inc.

 “Don and I helped the lessor acquire this property in 2018 and had a comprehensive understanding of the goals for this investment,” explains White. 

 “Drawing upon this knowledge and our relationships in the market, and through a very active marketing campaign, this quality tenant was brought to the table by its agent, Tim Wallace of Cushman & Wakefield.”

Tim Wallace 

 White notes that he also represented the previous owner in the lease of the same building seven years ago, completing a hat trick with this latest transaction that demonstrates his deep expertise in this submarket and the unique offering this property brings.

“In our extensive marketing campaign we ‘left no stone unturned’ in our relentless efforts to secure a great tenant for this excellent facility,” says Thordarson.

 

The asset was recently refurbished, providing the tenant an ideal space for its last mile operations.

 Stephen Batcheller, Regional Partner at Transwestern, adds: “We are very pleased with the outcome of this project and greatly appreciate working with, and the contributions of, the talented people at DAUM Commercial Real Estate Services.”

 Stephen Batcheller

 The property features 16 dock-high positions, 24-foot ceiling clearance, and a secure fenced yard with parking for up to 405 cars.

 The location offers close proximity to California State Routes 118 and 23, providing ease-of-access throughout the Southern California region.

 The building is located at 6000 Condor Drive in Moorpark, California.

 

 

CONTACTS:

Arleeny Escarcega / Elisabeth Manville  
Brower Group  
(949) 438-6262 
aescarcega@brower-group.com 

www.daumcommercial.com.

 

Castell Project and She Has A Deal Announce Joint Venture to Build Fortuna’s Table

 

Peggy Berg

ATLANTA, GA,  Aug. 2, 2021—Officials of Castell Project, Inc., a 501(c)3 nonprofit organization dedicated to accelerating the careers of women professionals in the hospitality industry, and She Has A Deal (SHaD), a real estate investment platform that creates pathways to hotel ownership and development for women, today announced the launch of Fortuna’s Table, http://fortunastable.org. 

Named after the goddess of fortune and the personification of luck, the new endeavor provides an online community filled with resources to allow diverse potential hotel owners to make their hotel ownership dreams a reality. 

 

 Tyche is the Greek goddess
of fortune and the
personification of luck,

“With the completion of a very successful testing period with 30 participants, we are ready to launch Fortuna’s Table and welcome prospective hoteliers,” said Peggy Berg, chair, Castell Project, Inc. 

  “Both She Has a Deal and the Castell Project are dedicated to advancing women within the hospitality industry, and there is no more powerful vehicle to do so than through hotel ownership"

 

Tracy Prigmore 

 “Fortuna’s Table fosters hotel ownership within communities that traditionally have not had access to the investment side of the business by providing them with knowledge and resources that build confidence and accelerate their ability to take action” said Tracy Prigmore of TLTsolutions and She Has a Deal founder. 

  “The initial feedback we’ve received has been extremely encouraging.  Already, this site is being used by women with successful careers in hospitality and in other industries, who have dreamed of owning a hotel, but didn’t know where or how to begin.”

 To learn more and/or subscribe, please visit http://fortunastable.org.

 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

 

JLL Capital Markets closes sale of Parallax, a Class A multi-housing community in Portland, Oregon's Boise-Eliot neighborhood

Carrie Kahn

  

PORTLAND, OR, Aug. 2, 2021 – JLL Capital Markets announced today that it has closed the sale of Parallax, a 66-unit, Class A, luxury multi-housing community in the Boise-Eliot neighborhood of Portland, Oregon.

 JLL marketed the property on behalf of local sellers, VWR Development and Holt Group Inc. A California-based private investor acquired the property.

Parallax apartments, Portland, OR

 Completed in June 2020, Parallax comprises studio, one- and two-bedroom units ranging from 377 to 742 square feet.

Additionally, there are 3,444 square feet of retail space. Units feature nine- to 14-foot ceilings, floor-to-ceiling windows, stainless steel appliances, gas range, modern cabinetry, tile backsplash, luxury vinyl plank flooring, solar shades, a washer and dryer and air conditioning ports.

Community amenities include a rooftop terrace with fire pit and barbecue, paid gated parking, controlled access, 24/7 package lockers and a community lounge.

Ira Virden

           

Located in the Boise-Eliot neighborhood, the community benefits from immediate access to three of Portland’s most well-known retail, dining and entertainment corridors – North Williams Avenue, North Mississippi Avenue and Northeast Alberta Street.

In addition, Parallax is surrounded by the city’s largest employers, including expanding Adidas and Daimler North American Headquarters.

Frank Solorzano

Over the last 10 years, the area's resurgence has transformed it into a walkable, bikeable, mixed-use lifestyle and leisure activity hub that attracts highly paid and educated renters.

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

 “The quality of construction, strong urban location and improving market fundamentals, combined with a substantial decline in the multi-housing development pipeline over the next 18 months make Parallax an extremely attractive investment opportunity today,” Kahn said.

“Additionally, its strong performance during an extraordinarily challenging time in the market highlights the resilience of well-located, high-quality apartment properties.”   

 For more news, videos and research resources on JLL, please visit our newsroom

CONTACT:

 Cierra Lacasse

 JLL Associate

 Public Relations

Phone: +1 602 648 8701

Email:  Cierra.Lacasse@am.jll.com