The Woodmont Co. Represents Firehouse Subs in Two Leases in Dallas/Fort Worth, TX Area

 

Kendall Graff 

DALLAS, TX– The Woodmont Company, a national real estate firm specializing in the development, management, leasing and sale of retail properties, announced that it has represented Firehouse Subs in the food chain’s continued expansion, securing two leases in the Dallas-Fort Worth area. 

 Firehouse Subs signed a 1,500-square-foot lease at Village at Cross Roads located at 11700 US Highway 380 in Cross Roads, Texas.  The landlord, Irish Tiger Investments LLC, was represented by Edge.

  The restaurant chain also signed a 1,200-square-foot lease at a retail center located at 106 East Ovilla Road in Red Oak, Texas. 

 

Grant Gary 

 The landlord, Annadon LLC, was represented by Gilbert Realty Group. Grant Gary and Kendall Graff of The Woodmont Company represented Firehouse Subs at both locations. 

 “Throughout the pandemic, we have seen continued expansion from new and existing restaurant and retail concepts,” said Graff.  “We are confident that the retail industry will continue to grow in 2022 as we see continued demand for retail space.”

 

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.woodmont.com.

Movie Set Estate in Sun Valley, Idaho Where Marilyn Monroe Starred In ‘Bus Stop’ Listed for Sale at $16 Million

Marilyn Monroe Starred in Hollywood
Prize-Winning 1956 'Bus Stop' Movie

 

SUN VALLLEY, IDAHO -- Blonde Bombshell Marilyn Monroe was one of Hollywood’s greatest sex symbols, still a beauty icon decades after her 1962 suicide.

 Her career as a top-billed star lasted just 10 years, but her films grossed over $200 million (equivalent to $2 billion today) and she took home the Golden Globe for Best Actress for her performance in Some Like it Hot.

Movie Set Estate in Sun Valley, Idaho
 Where Marilyn Monroe Starred
 In 1956 Prize-Winning
 ‘Bus Stop’ Movie 

She was known for playing “dumb blondes” for comedic effect, but the woman behind the character was a far more nuanced individual, according to TopTenRealEstateDeals.com.

 

In 1956’s Bus Stop, directed by Pulitzer Prize-winner Joshua Logan, Monroe got her first chance to step outside the stereotype with a dramatic role. She studied at The Actor’s Studio to prepare for the film, which became both a critical and commercial success. 

Joshua Logan

A sprawling Idaho estate that served as one of Bus Stop’s main locations has now been listed for sale at $15.99 Million.

  Located in Sun Valley, Idaho, the twelve-acre property includes the main house, a guest house, and a barn set up for entertaining.

Lucille Ball

It is the guesthouse that once played host to Marilyn Monroe, portrayed as “Grace’s Diner” as well as the location for several other films.

Ernest Hemmingway 

The 2000-square-foot guesthouse features two beds, two-and-a-half baths, and lots of old Hollywood history. 

The nearby “party barn” is a 3000-square-foot event space that features a magnificent dormitory, a fully fitted kitchen, a living area, one-and-a-half baths, a terrace, a conservatory, and several heated garages.

Gary Cooper

 

The main house is a beautifully designed 6000-square-foot modern craftsman with five bedrooms, five and a half bathrooms, a study, and a spacious open floor plan that connects the living and dining areas.

Clark Gable

The home’s two levels and prominent windows showcase the spectacular mountain views. The home features warm mahogany wood accents and multiple stone fireplaces, a three-car garage, an outdoor hot tub, a huge fire pit, and several terraces with water features.

Errol Flynn

Breathtaking views of Bald Mountain, as well as the Smokey and Boulder Mountains, are visible from all three of the estate’s units.

Demi Moore

An artificial lake complete’s the property’s serene look and feel. Private and secluded, the estate is located far from the hustle and bustle of the city but close to the famous ski slopes of Sun Valley. 

 Tom Hanks

Sun Valley, Idaho is a resort town best known for its alpine ski area at Bald Mountain. The challenging slopes, substantial vertical drop, and lack of wind make “Baldy” one of the world’s best ski mountains, while nearby Dollar Mountain provides gentler slopes for novices and was the site of the world’s first chair lift.

Arnold Schwarzenegger

The region has been a seasonal haven for celebrities since the days of Hollywood’s Golden Age, hosting Ernest Hemmingway (who wrote For Whom the Bells Tolls while staying at the Sun Valley Lodge), Gary Cooper, Clark Gable, Errol Flynn, Lucille Ball, and, of course, Marilyn Monroe.

Bruce Willis

It continues to draw notables to this day, with Arnold Schwarzenegger, Bruce Willis, Ashton Kutcher, Clint Eastwood, Demi Moore, and Tom Hanks owning vacation homes in the area.

Clint Eastwood

The listing is held by Engel & Völkers Sun Valley in Ketchum, Idaho. 

Ashton Kutcher

 

 CONTACT:

Genelle C. Brown

Content Manager, Media Division
TopTenRealEstateDeals.com
Phone:  336-459-3725
Twitter:  @toptenrealestat
Facebook.com/toptenrealestat

 Source:  TopTenRealEstateDeals.com  

Video:  https://youtu.be/hDwl1pkXj90
Video Credit:  Sean Evans, @evvo1991 https://www.backtothemovies.com/ 

 Photo Credit: Engel & Völkers Sun Valley

Source: sunvalley.evrealestate.com

MCA Realty Acquires Three Assets in Las Vegas, NV and in Fife, WA Through $50 Million Fund

Fife Business Center,
 a 65,342 square-foot, two-building
 industrial park in the greater Puget Sound
metro submarket of Fife, WA

ORANGE COUNTY, CA – MCA Realty, a full-service real estate investment and management company based in Orange County, California, has announced the recent acquisitions of three assets: one in Fife, Washington and two in Las Vegas, Nevada for a total consideration of $16 million.

 The three assets were acquired through the firm’s fund, ‘MCA Realty Industrial Growth Fund, LP’ [MCA], which met its target of $50 million in equity commitments within just three months, according to Tyler Mattox, Principal at MCA Realty.

 MCA continues to be bullish in the industrial sector, targeting value-add industrial assets throughout the western U.S. and strengthening their portfolio with these sixth, seventh, and eighth additions to its fund. 

Tyler Mattox

 The acquisitions include two existing industrial properties and one parcel of vacant land where the firm plans to develop two single-tenant industrial buildings.

 Mattox notes that industrial net absorption nationally totaled more than 120 million square feet in Q3, a 135% increase over the same period last year.

 The three recent acquisitions include:

     MCA Realty has acquired Fife Business Center, a 65,342 square-foot, two-building industrial park in the greater Puget Sound metro submarket of Fife, Washington, for $10.4 million in an off-market transaction.

  This asset is the firm’s third acquisition in Washington and is located at 4624 and 4630 16^th Street in East Fife, Washington.  

 Joel Jones and Nick Ratzke with Neil Walter Company represented MCA Realty as the buyer in the transaction.

Windy Road Warehouses, Las Vegas, NV

MCA acquired Windy Road Warehouses, a 19,901 square-foot, seven-building industrial project in Las Vegas, for $3.45 million in an off-market transaction.

 The asset is located at 6460, 6466, 6472, 6478 Windy Road in Las Vegas, Nevada. Kevin Higgins and Sean Zaher at CBRE represented both parties in the transaction.

 MCA Realty has also acquired 3.68 acres of land in Las Vegas, Nevada for $2.24 million.

  Dan Doherty, Jerry Doty, Chris Lane and Paul Sweetland with Colliers International represented both parties in the transaction.

 Contacts:

 Tess Hezlep / Katie Haga

The Smart Agency, Inc.

(949) 438-6262

thezlep@thesmartagency.com

 

 www.mca-realty.com.

 

GreenRock Leads Record-Setting $103 million in C-PACE Funding for Chinese Hospital in San Francisco, CA

Dr. Jian Zhang

 SAN FRANCISCO, CA, Jan. 27, 2022 – Today, GreenRock Capital LLC (GreenRock) successfully led $103 million in Commercial Property Assessed Clean Energy (C-PACE) funding for Chinese Hospital in San Francisco. 

This is the largest single commercial PACE transaction in the PACE industry history and is the first to combine both taxable and tax-exempt financing in the same transaction.  

Joe Euphrat

This C-PACE financing reduced the cost of financing seismic and other building improvements associated with a new patient tower.

This transaction will refinance outstanding debt associated with the new tower and by doing so, Chinese Hospital will realize respective cashflow savings of over $40 million during the next 10 years.

 “This transaction is of great benefit to Chinese Hospital. We thank GreenRock for structuring, leading and successfully closing this exciting and important transaction,” says Jian Zhang, Chief Executive Officer of Chinese Hospital.

“This transaction not only helped to finance efficient building improvements but also helped Chinese Hospital to improve its cashflow significantly, which of course is important to any hospital during this period of time.” 

 “Efficient building improvements and lower costs – a great win/win,” says Joe Euphrat, Managing Principal of GreenRock.

James Hamill

“GreenRock is both excited and proud that we were able to provide valuable assistance to Chinese Hospital, an important member of the San Francisco healthcare community.

 "I also want to thank Poppy Bank, Jones Hall, and the rest of the transaction team who all contributed to a successful closing.”

 “We are very happy that CSCDA’s OpenPACE program allowed Chinese Hospital to realize the structural and economic benefits associated with this transaction,” says James Hamill, Managing Director of the California Statewide Communities Development Authority (CSCDA).

 “This is the largest C-PACE transaction that we have ever done, and we are grateful to GreenRock for their support and expertise to marshall this complex transaction to a successful closing.”

 C-PACE is a financing mechanism that allows owners and developers of commercial and healthcare properties to access low-cost, long-term financing for efficient building improvements, including seismic and other resiliency measures. The financing is repaid through a property assessment payment paid through the term of financing.

 Contacts:

 

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.”

For GreenRock, please contact either Joe Euphrat, jeuphrat@greenrockhc.com, or Chris Robbins, crobbins@greenrockhc.com, for more information.

Stream Realty Partners Locks In $10.5 Million Office Building Sale In Aliso Viejo, CA

 

 Morgan Adams

ALISO VIEJO, CA, Jan. 27, 2022 – Stream Realty Partners has just completed the largest office building sale in Aliso Viejo in the past 24 months.

 The national real estate services, development, and investment company represented Lone Cypress Realty, a Fort Worth, Texas-based real estate investment company, in the $10.5 million sale of VIEW at 101 Columbia adjacent to the San Joaquin Hills Corridor.

VIEW at 101 Columbia office building, Aliso Viejo, CA

Holt Integrated Circuits, an integrated circuits supplier for the aerospace industry, acquired the Class B, 38,154-square-foot building.

 

 It plans to use the ground floor for warehousing and the second floor for corporate offices.

 

 The property was renovated in 2020 with modern entry finishes and light fixtures as well as updated two-tone exterior paint.

 

The amenity-rich area boasts 721 restaurants, 531 retailers, and 6 gyms within a 5-mile radius.

Mike Adams

“Given the limited number of large lease transactions in the area, we suggested that Lone Cypress Realty put the building on the market for sale or lease to catch a wide net of prospects,”said Mike Adams, Managing Director of Stream Greater Los Angeles.

 

“During the marketing process, we dug into the market and presented three strong options either in the form of single user/long-term leases or purchase options. Lone Cypress ultimately chose the purchase option because it best fit their investment criteria.”

Steven Rawls

 

Adams and Morgan Adams, an Associate at Stream Greater L.A., represented Lone Cypress Realty in the transaction.

 

“We selected Stream because of their aggressive marketing approach and tenacity,” said Steven Rawls, founder of Lone Cypress Realty.

 

 “They have a solid reputation in Southern California and the South County submarket, and I knew they would make sure that 101 Columbia would get a look from every potential tenant. Stream surpassed all of our expectations.”

 

 

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.streamrealty.com.

Daytona Beach, FL Area Welcomes Third Location for Homebuilding Industry Supplier Blackton Inc.

Michael “Micky” Blackton

 HOLLY HILL, FL  --- The 2021 boom in Central Florida’s construction activity set off significant growth for Blackton, Inc., one of Central Florida ’s largest and most active suppliers of roofing and flooring materials to the homebuilding industry.

With a 30 percent increase in 2021 business volume over last year, CEO Michael “Micky” Blackton said his company will open a third distribution location in the Daytona Beach area at 1550 Pine Ave., Holly Hill, by the end of this month.

Blackton signed a long-term lease for a 12,000 square foot industrial building with a large outdoor paved yard for staging and loading material.  “We just completed fresh exterior paving and painting and remodeled the two-story interior office,” he said.

Less than three years ago Blackton opened a 15,000 square foot location near downtown Leesburg to serve The Villages and Gainesville area that required adding another 10,000 square feet last year as business flourished into adjacent counties.

Downtown, The Villages, FL

The new expansion will facilitate more prompt service to the firm’s current builder-customers with subdivisions in the Daytona, Palm Coast and Jacksonville areas, such as D.R. Horton and Maronda, Blackton explained.

“We’ll be taking on new builders and serving them along with our current builders with a faster turnaround time," he adds.”

The company currently employs 110 companywide, including a retail location in South Orlando and will initially operate the Holly Hill facility with a staff of 18.  

 

Headquartered at 1714 Alden Rd. near Ivanhoe Row north of downtown Orlando the family-owned operation has been supplying the homebuilding industry from Jacksonville to Tampa for more than six decades.

 

Contacts:

 

Michael “Micky” Blackton, Chairman, Blackton Inc. 

407-898-2661 Micky@Blacktoninc.com

 

Beth Payan, Larry Vershel Communications

 407-644-4142 or 407-461-3781

 beth@larryvershel.com

 

JLL arranges $265 million refinancing for master-planned beach resort in Southern California

 

Olga Walsh

SAN DIEGO, CA – JLL’s Capital Markets group has arranged a $265 million refinancing for a 387-key, master-planned beach resort in Oceanside in North County San Diego, California.

 

The resort includes the 161-key Mission Pacific boutique hotel and The Seabird Resort, a 226-key full-service resort.

Timothy Wright

JLL represented the borrower, S.D. Malkin Properties, to secure the floating-rate, interest-only loan through ACORE Capital.

The new loan will provide cost savings, term and flexibility for the sponsor.

 

“The financing is a great validation of the bespoke hotels that have been created and Oceanside’s rising ‘cool factor’,” said Jeremy Cohen, Senior Vice President of S.D. Malkin Properties.

 

“The Mission Pacific and The Seabird hotels are very high-quality assets in an up-and-coming market in Oceanside, California,” added Kyle Jeffers, Senior Managing Director and Co-Head of Originations at ACORE Capital.

 

“The S.D. Malkin Properties team is a world class sponsor, and we are honored to work with them and JLL on the financing.”

Jeremy D. Cohen

The JLL Capital Markets team representing the borrower was led by Senior Managing Director Timothy Wright and Director Olga Walsh in coordination with the JLL Hotels & Hospitality team.

 

“We are very excited to have been a part of the capitalization on this iconic waterfront property, which is transforming North San Diego County and providing a valuable complement to the SoCal hospitality offering,” said Wright.

 

“The capital markets responded well to the opportunity to finance this prime asset for a strong sponsorship group, which resulted in a competitive marketing process and ultimately favorable terms for our client,” added Walsh.

 

Completed in May 2021, the adjacent world-class design-oriented hotels are located on a premier 2.75-acre, two-block site spanning 700 feet of beachfront real estate.

Kyle Jeffers

Operated by Hyatt, both hotels offer ocean views, direct beach access, an entire ecosystem of food and beverage experiences, interior meeting and function space, two pools with views of the Pacific, and access to some of the best surfing on the California coast.

 

The site also features the historic 1887 beach cottage featured in the Top Gun movie, which will open soon as a nostalgic dessert bar.

 

Mission Pacific and Seabird have easy access to the historic Oceanside Pier and downtown cultural attractions, such as the Oceanside Museum of Art and the California Surf Museum.

 

 They play an important role in continuing the transformation of downtown Oceanside into the iconic destination that it once was in the early 20^th century.

161 key Mission Pacific boutique hotel, Oceanside, CA 

The hotels are located four minutes from Interstate 5, connecting the properties with local and regional guests throughout San Diego, Orange, Riverside and Los Angeles counties.

 

Amtrak’s Surfliner and Metrolink with links to Los Angeles and Orange County are less than two blocks away.

The Seabird Resort, 226 key hotel, Oceanside, CA

The properties’ beach front location is a significant barrier-to-entry given strict zoning constraints and the lack of entitled and developable oceanfront land in Southern California.

 

The hotels are further bolstered by the strong lodging market fundamentals in San Diego.

 

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

 

Jones Lang LaSalle Americas, Inc. ("JLL") is a real estate broker licensed with the California Department of Real Estate, license #01223413.

 

Contact:

 

Cierra Lacasse

JLL Associate

Public Relations

Phone: +1 602 648 8701

Email:  Cierra.Lacasse@am.jll.com

 

www.acorecapital.com.

 jll.com.