KAI Hires Kate Pertzsch as Senior Interior Designer in Dallas-Fort Worth, TX Office

 

 Kate Pertzsch

Dallas-Fort Worth, TX -- KAI is excited to announce the hiring of Kate Pertzsch, RID, NCIDQ as Senior Interior Designer at its Dallas-Fort Worth, Texas office.   Pertzsch is a designer, leader and facilitator with more than 26 years of diverse professional design experience.   “Kate has rapidly proven to be a valuable senior addition to our Design team. She is an interiors industry veteran with proven experience as a designer, manager, facilitator and business leader,” said KAI Managing Partner Brad Simmons, FAIA. Brad Simmons “Kate’s diverse project portfolio coupled with the depth and breadth of her background are well aligned with KAI’s growth trajectory. Kate brings a collaborative mentality and passion to create an outstanding journey for our clients – a cornerstone of our transforming communities mission at KAI.”   Prior to KAI, she was a Senior Project Manager for Entos Design and owner of Sogndal Design Studio, both in Dallas. Originally from Onalaska, Wisconsin, she has also held several interior design positions throughout Wisconsin. She is a Registered Interior Designer in Texas, NCIDQ certified through the Council for Interior Design, and has a Bachelor of Fine Art in Interior Design from the University of Wisconsin-Stout.

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CONTACT:

Jennifer Beidle
Jennifer Beidle Communications
St. Louis, MO 63129

www.kai-db.com.

JLL Capital Markets has arranged $11 million refinancing for the 56-unit Chateau Spring Terrace in La Mesa, CA, marking JLL’s 12th financing on behalf of Universe Holdings this year

 

Elle Miraglia

SAN FRANCISCO, CA – JLL Capital Markets has arranged the $10.75 million refinancing of Chateau Spring Terrace, a 56-unit multi-housing community located in La Mesa, California.

 

JLL worked on behalf of the borrower, Universe Holdings, to secure the ten-year, fixed rate loan through Mechanics Bank.

 

Jolie Zhou 

This closing marks JLL’s 12^th financing on behalf of Universe Holding bringing the total loan amounts to $142M YTD. This legacy portfolio of 727-units is spread across Southern-California from San Diego to Ventura.

 

“These refinances have added approximately $35 million of new equity, which Universe will strategically deploy across the country in the next four months.” said Henry Manoucheri, CEO and Chairman of Universe Holdings.

 Henry Manoucheri

“Our execution was perfect in terms of timing at below market 10-year rates, right before the sudden rise in treasuries. It is all about timing, and a well-known reputation in the market for the last 29 years.”

 

Built in 1969, Chateau Spring Terrace features one-, two- and three-bedroom units with patios and balconies, efficient appliances, large closets, hardwood floors and spacious floorplans.

 Chateau Spring Terrace apartments, La Mesa, CA

Community amenities include a fitness center, a laundry facility, on-site maintenance and management, and a pool.

 

Situated at 4242 Spring St., Chateau Spring Terrace is proximate to downtown La Mesa, San Diego State University (SDSU), the trolley station and the I-8, 125 and 94 freeways.

Charles Halladay

The property is located in the East San Diego submarket, which is the largest concentration of apartment inventory in San Diego and one of the most populated areas in the metro.

 

 Vacancy has remained below 3% in the past five years. Rent growth across the entirety of the submarket sits at 8.2%.

 

The JLL Capital Markets Debt Advisory team in these transactions includes Senior Managing Director Charles Halladay, Director Jonah Aelyon, Analyst Jolie Zhou and Analyst Elle Miraglia.

 

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers.

Jonah Aelyon

The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment and sales advisory, debt advisory, equity advisory or a recapitalization.

 

The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.

 

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

 

 

CONTACT:

 Jenna Sharp

JLL

M +1 214 394 3356

JLL.com

Atlanta Property Group Acquires Infill, Industrial Portfolio in Metro Atlanta for $49 Million

 

Smith Haverty

ATLANTA, GA  — Leading Atlanta real estate investment firm Atlanta Property Group (APG) has acquired three industrial properties and one office property in Kennesaw, Georgia for a combined purchase price of $48.7 million.

 As the firm’s first industrial transaction in Atlanta’s northwest submarket— which has seen substantial industrial activity in recent years —the acquisition highlights the firm’s efforts to expand its portfolio since reentering the industrial market in 2021. 

 “We are very pleased to plant our flag in this established industrial hub that has seen exceptional absorption and record-low vacancy rates over the last two years,” said Smith Haverty, partner at APG.

 “Kennesaw is a strategic, infill submarket with an attractive growth profile. As we continue to bulk up our portfolio, this latest acquisition reinforces our desire to secure properties in well-located, fast-growing regions across the southeast.” 

 The newly acquired portfolio comprises three warehouse facilities totaling 305,000 square feet located near Chastain Road with direct access to I-75 and I-85 — two major transportation arteries. Constructed in the mid-90s, the rear-load buildings feature 24-foot clear heights to meet a variety of tenant needs. The properties are 100% leased to 6 tenants. 

 Built in 2000, the office property is a single-story building spanning 72,000 square feet with a parking ratio of 5/1,000.

 Currently 73% leased with one vacancy totaling approximately 20,000 square feet, the property is in close proximity to Kennesaw State University, as well as the I-75 and I-575 interchanges.

Austin Chase

 Austin Chase and Grace Thompson of APG are handling leasing of the office building. 

 “We have ample capital available to continue to invest in high-quality, infill industrial properties located in submarkets across the southeast where we are confident demand will outpace supply,” said Shep Dinos, managing partner at APG.

 “In 2023, we plan to build upon our momentum with the goal of doubling our industrial portfolio and expanding into new markets.” 

 Since reentering the industrial sector last year, APG has acquired 11 buildings totaling nearly 1 million square feet across the Atlanta, Charlotte and Nashville MSAs.

 

Shep Dinos

The firm is targeting investment opportunities in key logistics hubs across the southeast, with plans to deploy $100 million of committed equity into existing industrial properties in markets including Atlanta, Charlotte, Nashville, Raleigh, and Central Florida by the end of 2023.   

 CONTACT:

The Wilbert Group

Aliya Seymour, Account Executive

www.thewilbertgroup.com

m: 678.477.3630

IndiCap and AECOM-Canyon Partners break ground on 113-acre Mesa, AZ industrial park

In the groundbreaking photo from left are: Geo Villalta, Senior Development Manager - IndiCap; Jason Kuckler, Principal - IndiCap; Todd Ostransky, Vice President of Development - IndiCap; Steve Larsen, Senior Managing Director - JLL; Carl Beardsley, Senior Director Capital Markets - JLL; Bill Jabjiniak, Economic Development Director - City of Mesa; Mike Chernine, Partner - IndiCap; Jason Moore, Senior Vice President - JLL

 

PHOENIX, AZ, Nov. 15, 2022 – IndiCap and AECOM-Canyon Partners today joined JLL and the City of Mesa to break ground on Eastmark Center of Industry, a 113-acre industrial park located in the heart of the Gateway Airport submarket in Mesa, Arizona.

Mesa Mayor John Giles

 At completion, the park will total 10 buildings and more than 1.6 million square feet of mid-bay and cross-dock Class A industrial buildings.

 IndiCap purchased the project site in April 2022 for $48 million, marking its entry into metro Phoenix and the start of a bullish expansion in the market.

IndiCap now has a total of 10 projects with over 13 million square feet of Class A industrial space planned or under development in sought-after industrial corridors including the Loop 303, Central Phoenix, Mesa, Gilbert and Casa Grande.

 “The Gateway area is drawing business of all sizes, and the Eastmark Center of Industry is an exciting addition that will serve the needs of those eager to locate in Mesa,” said Mayor John Giles. “The City of Mesa is pleased to start this new relationship with IndiCap and AECOM.”

Mike Chernine

“This groundbreaking kicks off the first in a string of metro Phoenix IndiCap projects being designed and developed for the specific needs of their unique submarkets,” said Mike Chernine, one of the principals at IndiCap.

“The Valley boasts many amazing industrial sites and Eastmark Center of Industry is one of them, with immediate access to the robust local freeway system and Gateway Airport.

 "These connections open the door to a huge range of tenants and uses. We are excited to work in partnership with AECOM-Canyon to watch this park evolve to meet this dynamic demand and we appreciate the support we’ve received from the City of Mesa throughout the process.”

Kevin Thompson

“I could not be more proud of the growth and economic activity we have seen in District 6, and especially in the Elliot Road Technology Corridor.

"This industrial development will help serve the region’s needs and will be home to advanced manufacturing companies that will bring high wage jobs to our community,” said District 6 Councilmember Kevin Thompson. “It is exciting to see this project break ground and get the first phase of Eastmark Center of Industry going.”

 Steve Larsen

 

IndiCap specializes in industrial investment and development and works to create synergistic investment opportunities bringing together all the needed elements for each project.

 It will build Eastmark Center of Industry in joint venture with AECOM-Canyon Partners, a joint venture partnership between AECOM Capital, the real estate investment arm of global infrastructure firm AECOM, and Canyon Partners Real Estate, the real estate direct investing arm of Canyon Partners LLC, a global alternative asset management firm.

Pat Harlan

AECOM-Canyon Partners was established to develop large-scale, institutional-quality commercial real estate projects in top U.S. markets.

 Upon completion, Eastmark Center of Industry will offer buildings from 83,200 square feet to 426,400 square feet, with 30’ to 36’ clear height and 160’ to 500’ building depths. Future phases may include the opportunity for build-to-suit.

 “The Southeast Valley has become a go-to industrial location, recording 1.5 million square feet of positive industrial absorption in the third quarter alone,” said JLL Senior Managing Director Steve Larsen, who serves as the exclusive leasing broker for Eastmark Center of Industry along with JLL Senior Managing Director Pat Harlan and Senior Vice President Jason Moore.

Jason Moore

“Tenants in the Gateway Airport market run the gamut of sizes and requirements, making the flexibility and modern features of this IndiCap project extremely applicable to a growing submarket.”

 Eastmark Center of Industry is located in the Elliot Road Technology corridor, minutes from a full-diamond interchange at Santan Loop 202 and Elliot Road, as well as the State Route 24 extension.

 It is also minutes from Phoenix Mesa Gateway Airport, which recently announced a $25 million expansion.

Todd Ostransky

Layton serves as the project’s general contractor. Kimley Horn is the civil engineer and Deutsch Architecture is the project architect.

 Formed by real estate industry leaders Mike Chernine and Jason Kuckler, the IndiCap development team brings over 100 years of collective experience to the Arizona and Nevada real estate markets. 

Todd Ostransky, IndiCap’s Vice President of Development (AZ), and Geovanni Villalta, IndiCap’s Senior Development Manager (AZ), lead all Arizona development projects. 

Jason Kuckler

Through their strong local relationships, IndiCap continues their pursuit of prime industrial land in the Phoenix metroplex.

About IndiCap

IndiCap, founded in 2021, specializes in industrial investment, development, consulting, and management services in Arizona and Nevada, with growth and expansion plans across other Western States.

 IndiCap's scope consists of site selection, design, site plans and construction, finance and budgets, and full development services.

Geovanni Villalta

About AECOM-Canyon Partners

AECOM-Canyon Partners is a joint venture between AECOM Capital, the real estate investment management arm of global infrastructure firm AECOM, and Canyon Partners, LLC, a global alternative asset management firm with $24.5 billion in assets under management.

 AECOM-Canyon Partners was established to develop large-scale, institutional quality commercial real estate projects in top U.S. markets.

 In addition to capital, AECOM-Canyon Partners provides best-in-class design, construction management and engineering expertise as well as credit support for its development partners.

 CONTACT:

Stacey Hershauer

Phone: +1 480 600 0195

Email: stacey@focusaz.com

 

IndiCap Media Contact: Stephanie Ceccarelli

Phone: +1 702-433-4331

Email: sceccarelli@massmediacc.com

 

AECOM-Canyon Partners Media Contact: Kris Cole

Phone: +1 310-652-1411

Email: Pro-canyon@prosek.com

indicapinc.com.

www.jll.com.

https://www.aecomcanyon.com/.