Thursday, May 19, 2022

Dream Finders Homes Now Selling at New Cordova Palms Development in St. Augustine, FL

 


ST. AUGUSTINE, FL – Dream Finders Homes has started sales at Cordova Palms, its newest single-family home community at 95 Chasewood Drive in St. Augustine. 
Prospective homebuyers are choosing from 13 of the homebuilders’ popular floorplans.

 

New homes in the centrally-located community – which start in the low $500,000s – will range from approximately 1,716- to more than 3,500-square feet and offer up to five bedrooms and three bathrooms, according to Division President Brad Muston. 


   Brad Muston 
We have a beautiful collection of flexible one- and two-story floor plans for the 43- and 53-foot homesites at Cordova Palms,” Muston said. 

“We’ve listened to our buyers and are delivering by offering numerous structural and design options, as well as beautiful preserve views.”

 

The community – which eventually will have 750 single-family homes at build out – is just minutes from outlet malls on Interstate 95, a mix of dining options in historic downtown St. Augustine, and it’s only a few miles from a relaxing day at the beach.

 

Muston said numerous planned amenities like a zero-entry lap pool, kids’ playground, a bark park, play lawn, splash pad, fitness center, covered pavilion and party room, provides many reasons to stay home in the community.



Tours of Cordova Palms currently are by appointment and sales are being handled onsite. The homebuilder plans to start a couple of models sometime this summer for opening by late September or early October.

 

Photos courtesy of Dream Finders Homes. 

 

CONTACTS:

 

 

Beth Payan, Larry Vershel Communications,

 407-461-3781 or beth@larryvershel.com 

 

Brad Muston, Division President Dream Finders Homes, brad.muston@dreamfindershomes.com

 

Ashlynn Wombolt, Marketing Manager, Dream FindersHomes, ashlynn.wombolt@dreamfindershomes.com or Lakewood Park Sales Consultant 888-208-7736   

 

www.dreamfindershomes.com or call 888-214-1164. 

 

After a Successful 2021 Launch, Seminole County, FL Couple Eyes Second Beauty Mall

 

Natasha Martinez and husband Carlos

CASSELBERRY, FL – With beauty in her blood and a desire to give clients what they want, Natasha Martinez is realizing her dream of being a salonplex entrepreneur.

Martinez and her husband, Carlos, opened Salon Empire – a 4,000 square-foot health and beauty mall with 19 furnished individual units in a retail plaza at 1750 Sunshadow Drive in Casselberry, FL in 2021 and are moving forward with plans for a second Seminole County endeavor later this year or early in 2023.

“This is the age of the entrepreneur, where everybody wants to be their own boss,” Natasha said, adding that salonplexes offer just that to tenants who provide a variety of health and beauty services including hair, nails, makeup, waxing, tanning, tattoo, yoga, massage, acupuncture and chiropractic,

 “And it’s really one-stop shopping for their clients.”

In the beauty industry for nearly 25 years, Martinez, 38, also owns Oh La La Brow Bar off of Michigan and Bumby Avenues in downtown Orlando.

Martinez, who began her career at the age of 14 by helping at her mother’s salon, received a degree in interior design while working in the brow and lash industry, and started her own company with a $2,000 tax return when she was a single mother.




Fast forward to 2022: Martinez – the epitome of perseverance – has a nine-year-old son and a three-year-old son, is married to a contractor, owns two companies and hopes to eventually franchise Salon Empire.


Martinez said they spent nearly $200,000 on the project, which had revenue of about $50,000 in less than six months.


“I’m projecting a return closer to $200k this year, since we will be operating at full capacity,” she said. Only three of the 19, 100-square-foot suites currently are available.




Salon Empire has a logo put on the door for tenants, provides a ribbon-cutting opening party, pays for all utilities and towel service, and many tenants don’t even need a license, Martinez said. 


They work off of Salon Empire’s beauty license unless they need a license for another specialty.  “Otherwise, just come with your box of stuff and set up.”


Martinez said they spent nearly $200,000 on the project, which had revenue of about $50,000 in less than six months.


“I’m projecting a return closer to $200k this year, since we will be operating at full capacity,” she said. Only three of the 19, 100-square-foot suites currently are available.


The couple has been scouting Seminole County for their second Salon Empire and is negotiating to lease a 2,000- to 3,000-square foot facility west of Interstate 4 in Altamonte Springs. 


Photos courtesy of Salon Empire


  

CONTACTS:

 

Natasha Martinez or Carlos Martinez

Co-Owners Salon Empire 321-331 5846

 ohlalawaxstudio@icloud.com

 

Beth Payan, Larry Vershel Communications,

 407-461-3781 or beth@larryvershel.com 

 


Garden State Logistics Park in Pennsville, NJ slated for Fall 2023 completion

 

Garden State Logistics Park,
 a planned 1.7 million-square-foot,
 state-of-the-art center in Pennsville, NJ.

Pennsville, NJ and Dallas, TX – CT Realty, in joint venture with PGIM Real Estate, the real estate investment and financing business of PGIM, the $1.5 trillion global asset management business of Prudential Financial (NYSE: PRU), has acquired 282 acres of industrial land for the development of Garden State Logistics Park, a 1.7 million-square-foot, state-of-the-art logistics center in Pennsville, NJ.

 Development is already underway on the site, with delivery of the project slated for the third quarter of 2023.

 

Rob Huthnance

“This is an exceptionally rare opportunity to assemble a critical mass of land and create a top-flight logistics project in the second largest industrial market in the country,” said Rob Huthnance, who oversees CT’s development activity in the Eastern U.S.

 

“This project is at the gateway to Southern New Jersey and will serve as a distribution hub for the entire Northeast, able to serve 66 million consumers in a single day’s truck drive."


Brian Fuimara

The land sale was represented by Brian Fuimara at CBRE, though the terms of the transaction are undisclosed. CBRE will also represent the buildings for lease or sale through its New Jersey and Philadelphia offices.  

 

Garden State Logistics Park is located at the former Deepwater property next to the Delaware Memorial Bridge at I-295 in Pennsville, NJ, and is minutes from I-95 and access to the entire regional logistics transportation network.

 

 

NOTE: Prudential Financial, Inc. (PFI) of the United States is not affiliated in any manner with Prudential plc, incorporated in the United Kingdom, or with Prudential Assurance Company, a subsidiary of M&G plc, incorporated in the United Kingdom.

 

CONTACTS:

 

Stacey Hershauer | 480-600-0195

stacey@focusaz.com

 

Randy Hall | 714-263-8723

randy@ideahall.com

 

ctrinvestors.com.

pgim.com.

pgimrealestate.com.

 

THE HOWARD HUGHES CORP.® SIGNS TWO NEW LEASES AT 1700 PAVILION IN DOWNTOWN SUMMERLIN®Nevada


1700 Pavilion, 10-story office complex, Downtown Summerlin, NV


LAS VEGAS, NV — The Howard Hughes Corporation®, developer of the Summerlin® master planned community (MPC) and its 400-acre Downtown Summerlin®, announces two new leases at 1700 Pavilion, a 10-story, Class-A office building under development at Downtown Summerlin®. 

Clark Hill International Law firm will occupy Suite 500 spanning more than 13,000 square feet; and ER Injury Attorneys will occupy Suite 530 encompassing approximately 7,300 square feet.

1700 Pavilion, slated for completion in fourth quarter 2022 is now 39 percent leased and exhibiting incredibly strong leasing momentum for the remaining space

Spanning approximately 267,000 square feet on just under three acres directly south of the Las Vegas Ballpark; it features vantage points with one-of-a-kind views of the entire valley, from The Strip to Red Rock Canyon

 


Clark Hill and ER Injury Attorneys join companies like Wynn Design & Development that have recently signed leases at the newest office building in Downtown Summerlin, relocating to a walkable, amenity-rich environment.

 According to Paola Armeni, member-in-charge, Las Vegas office, Clark Hill, the opportunity to move to 1700 Pavilion was synchronous with the firm’s commitment to modernize its workspaces worldwide with a variety of office options to encourage greater collaboration, create a comfortable environment for both employees and clients, and reduce the company’s carbon footprint. 

 

Paola Armeni

“We are thrilled to put down roots in Downtown Summerlin for a variety of reasons,” said Armeni. “The destination is easily accessed from all over the valley; the building’s environmental features are a good fit for our firm’s pledge to enhance sustainability; 

",,,and Downtown Summerlin offers a vibrant location with restaurants at all price points—perfect for a quick lunch or post-work dinner meeting or date. 

"We are confident both employees and clients will appreciate this new location that offers so much more than just a beautiful office. We also believe the desirability of the Downtown Summerlin location will help with future recruitment of attorneys and employees.”

 


According to Corey Eschweiler, founder, ER Injury Attorneys, the unimpeded view of the Las Vegas Strip from the firm’s new corner office was its initial selling point, but employees are also eagerly anticipating the impending move to Downtown Summerlin to take advantage of reduced commutes.

 “Many of our attorneys and employees live in Summerlin or on the west side, so the opportunity to work close to home is a wonderful quality-of-life perk that gives everyone more time with their families,” said Eschweiler. 

“And thanks to Downtown Summerlin’s proximity to the 215 Beltway, it’s easily accessed no matter where you live in the valley. Our team can’t wait to move in!”

 

Corey Eschweiler

“Interest in 1700 Pavilion continues to be strong,” said Kevin T. Orrock, President, Las Vegas Region, The Howard Hughes Corporation. 

“Downtown Summerlin offers a highly desirable work environment via proximity and walkability to abundant retail, dining, entertainment and sports venues, and outdoor recreational opportunities, including parks, trails, golf courses, sports courts, and Red Rock Canyon National Conservation Area. 

"There is no other location valley-wide that offers such an impressive assemblage of features and amenities.”

 

Kevin T. Orrock

1700 Pavilion was designed by Hart Howerton, an interdisciplinary planning, architecture, and interior design firm. The building's design is targeted for LEED Silver certification, and it exemplifies Summerlin’s commitment to a healthy, active lifestyle, offering bike storage to encourage cycle-to-work options.

 Additionally, The Howard Hughes Corporation is developing a novel recycling program and implementing water conserving efforts through low flow water fixtures.  

1700 Pavilion will include touchless entry points and enhanced air filtration throughout, and The Living Room—a shared common area within the first-floor lobby with reservable conference room and gathering spaces—provides direct access to Pavilion Center Drive and retail and dining options across the street.

 KGA Architects, a full-service architecture firm with over 40 years of experience specializing in a broad range of product types, completed the production documentation for the 1700 Pavilion parking garage.

 Whiting Turner is providing construction management services. CBRE is the office broker of record. For additional information, please contact Randy Broadhead, randy.broadhead@cbre.com. Also, please visit Future.Summerlin.com.

 




About Summerlin®

Developed by The Howard Hughes Corporation®, Summerlin® began to take shape in 1990 and has ranked in the country’s top 10 best-selling master planned communities for nearly two decades.

 Located along the western rim of the Las Vegas valley, Summerlin® encompasses 22,500 acres with approximately 5,000 gross acres remaining to accommodate future growth, including infrastructure, open space and common areas, all within the master plan. 

The community is currently home to more than 115,000 residents who enjoy an unparalleled list of amenities. 

These include more than 300 neighborhood and village parks, more than 200 completed miles of trails, 26 public and private schools, 14 houses of worship, ten golf courses, Downtown Summerlin®, shopping centers, medical and cultural facilities, business parks and dozens of actively selling floor plans. 


Homes are available in a variety of styles— from single-family homes to townhomes—priced from the $400,000s to more than $2.5 million. Summerlin® is recognized as one of the country’s premier locations to raise a family and to operate a business, named MPC of the Year for 2020 by the National Home Builders Association. 

For information on custom homesites in The Ridges®, please call 702.255.2500. Luxury apartment homes offer monthly rents starting from the $1,200s.

 

CONTACT:

Melissa Warren, The Warren Group

702-528-6016; melissa@twgpr.com

 www.summerlin.com

 

Stonehill Announces Four Strategic Leadership Additions to Expand Its Commercial Lending Business

 

 Mat Crosswy

 ATLANTA, GA – Stonehill, a direct lender on commercial real estate, announced the expansion of its leadership team with four senior executive hires.

Joining the organization are Daniel Siegel, Greg Koenig, Nisu Mehta and Taylor Pike. The addition of these leaders represents a strategic step in Stonehill's vision of expanding its commercial lending business across all real estate sectors.

 "We are fortunate to have these four highly accomplished industry executives join Stonehill at a time of strong growth and momentum for our business," said Mat Crosswy, Stonehill's president and a principal.

 "Their backgrounds closely align with Stonehill's deep industry experience, ingenuity and work ethic. We look forward to working closely with them on key strategic initiatives to grow our commercial real estate lending business."

 Founded in 2013, Stonehill provides creative financial solutions for middle-market companies. The principals of Stonehill have originated and structured roughly $5.0 billion in debt.

Daniel Siegel

Siegel serves as the president of Stonehill’s commercial real estate lending group overseeing the group's expansion into commercial real estate lending. Before joining Stonehill, he was managing director at a large private equity firm and the head of high-yield investments.

Greg Koenig

Koenig is a senior vice president at Stonehill. Before joining Stonehill, he was an executive director at a large private equity company. Prior to that, Koenig was a senior vice president at Newport RE, a German-based real estate investment company.

Nisu Mehta

Mehta is a senior vice president at Stonehill. Prior to joining Stonehill, he was an executive director at a large private equity company, where he was a senior originator and underwriter focusing on both debt and equity investments in the Southeast U.S. Prior to that, Mehta was the director of investment management at Rialto Capital. 

Taylor Pike

Pike is a senior vice president at Stonehill. Before joining Stonehill, he was an executive director at a large private equity company, where he originated debt investments. Prior to that, Pike worked as an analyst at Rialto Capital, where his primary responsibilities included loan asset management and underwriting.

  

CONTACTS:

 

Charles Talbert

678827683                                                         

ctalbert@peachtreehotelgroup.com

 

 

Chris Daly

President

DG Public Relations

(703) 864-5553

chris@dalygray.com

www.dalygray.com

www.stonehillsc.com

 

 

 

ShopCore Properties Selected as 2022 Green Lease Leader by the Department of Energy's Better Buildings Alliance and the Institute for Market Transformation

 

Corinne Rico

CHICAGO, IL, May 18, 2022 — The Institute for Market Transformation (IMT) and the U.S. Department of Energy’s (DOE) Better Buildings Alliance announced ShopCore Properties as a 2022 Green Lease Leader during the Better Buildings, Better Plants Summit.

  Launched in 2014, Green Lease Leaders sets national standards for what constitutes a green lease, while recognizing landlords and tenants who modernize their leases to spur collaborative action on energy efficiency, cost-savings, air quality and sustainability in buildings.


This is the second consecutive year that ShopCore has been honored by the Better Buildings Alliance. In 2021, the company, which owns more than 65 assets comprising 20 million square feet of retail properties in densely populated sub-markets in 16 states, anchored by best-in-class retailers, received Silver recognition for its efforts.

 “We are thrilled to once again be honored by the Better Buildings Alliance,” said Corinne Rico, ShopCore’s director of sustainability.

 “Earning Gold this year is a recognition of our growing commitment to our efforts to preserve the health and sustainability of our communities and planet. And we’re looking forward to doing even more this year and in years to come.”

 

 CONTACT:

Maria Macali

ShopCore Properties

mamacali@shopcore.com