Sabal Development buys Miami Property to Build Two Luxury Homes on Biscayne Bay

 

Viola Watson

MIAMI, FL -- Sabal Development, an award-winning builder and developer, has closed on a home on Miami’s luxurious Belle Meade Island.

 The Miami-based company plans to demolish the structure and build two luxury residences on the divided lot. It comprises 38,000 square feet with stunning views of the Intracoastal Waterway and immediate boat access to Biscayne Bay.

Juliet Silver 

Viola Watson of Douglas Elliman represented the seller and Juliet Silver of One Sotheby’s represented Sabal Development and its chief executive officer, Pascal Nicolai. The $4.6 million sale closed April 27.

 

“We are excited about the potential of these two properties because of their unique location directly on Biscayne Bay,” said Nicolai, Founder and CEO of Sabal Development.

 

“Our plan is to provide two impressive, modern residences that fit in well in the highly sought-after Miami neighborhood.”

Pascal Nicolai

The two-story home on lot A will have 6,238 square feet of living space. The 5-bedroom, 5-bathroom house will feature extraordinary balcony views of the Intracoastal. It will have a 4-car garage, jacuzzi and pool overlooking a 107-foot seawall with boat dock.

 

The residence on Lot B will also be two stories and will have 6,067 square feet of living space with 5 bedrooms and 5 bathrooms. The home will feature a 2-car garage, balcony views overlooking a stunning pool, and 93 feet of seawall with a boat dock.

 

Aerial of Belle Meade Island, Miami, FL

Both residences will be meticulously planned, with state-of-the-art finishes and top-of-the-line appliances. They will have modern, open-concept living spaces and outdoor entertainment areas that feature a built-in barbecue and wet bar.

  

In the last two years, Sabal Development and Sabal Luxury Builder have built and sold custom-built homes with a total value of over $146 million.

 

 For more information, please visit https://sabalbuilder.com/, call (786) 870-4406 email info@sabalbuilder.com.

 

 CONTACT:

 

Daniel Benjamin

Senior Account Executive

 BoardroomPR

dbenjamin@boardroompr.com

O 954-370-8999

C 954-618-8287

The Keyes Company Adds Claudia Garrell to Lead Hutchinson Island, FL Office

Claudia Garrell

 Hutchinson Island, Fla. –– The Keyes Company made a significant addition to its growing Hutchinson Island office, with Claudia Garrell joining the premier real estate brokerage as the office’s District Sales Manager. Garrell brings more than 25 years of industry experience to Keyes.

Before Keyes, Garrell was a Broker-Associate with Polo Park Realty in Wellington. In her new role, Garrell will focus on maintaining a profitable and productive office by recruiting, developing and retaining strong sales associates.

Barbara (Barb) Kozlow

“Claudia Garrell is a prolific Realtor and industry leader,” Keyes General Manager Barb Kozlow said. “She is an ideal choice to oversee the growth of our Hutchinson Island office and position Keyes to expand across the Treasure Coast.”

Garrell is fluent in English, Spanish and Portuguese. Her professional affiliations include the National Association of Realtors, Florida Realtors, Broward, Palm Beaches & St. Lucie Realtors and Palm Beach Chamber of Commerce.

The firm’s Hutchinson Island office is located at 4417 NE Ocean Blvd. in Jensen Beach.

 

CONTACTS:

Eric Kalis and Daniel Benjamin,

 BoardroomPR

ekalis@boardroompr.com or 

dbenjamin@boardroompr.com

954-370-8999

 

Thornton Tomasetti to Relocate to Parkside Realty’s 600 West Fulton in Chicago’s Fulton Market District

 

Molly Carroll

CHICAGO, IL — Global scientific and engineering consulting firm Thornton Tomasetti has signed a new lease for 18,943 square feet on the seventh floor at 600 West Fulton, a nine-story, 214,000-square-foot loft office building in Chicago’s Fulton Market District that is owned by Parkside Realty, Inc.

Located at the corner of Fulton and Jefferson streets, near the gateway to the burgeoning mixed-use district that has attracted office users across industries, 600 West Fulton will house Thornton Tomasetti’s Chicago-based operations, which are being relocated from 330 N. Wabash in River North. 

Barbara (Barb) Schenberg 

Molly Carroll and Andy Strand of JLL represented Thornton Tomasetti in the lease, while Barb Schenberg of Parkside Realty represented ownership.

“Thornton Tomasetti’s roots in Chicago go back more than 50 years, and our work can be seen across the city’s skyline and at many of its landmarks,” said Thornton Tomasetti Associate Principal and Chicago Office Co-Leader Rachel Michelin.

Rachel Michelin

“We are committed to Chicago and look forward to our continued growth here. With our staff fully back in the office, we require modern space that fosters collaboration and creativity, not only between our employees but our clients as well, and attracts top talent. 600 West Fulton checked all the boxes.

 

 "We look forward to this next chapter and to making a positive contribution to our new neighborhood.”

 Andy Strand 

“Fulton Market is a place where global firms like Thornton Tomasetti can thrive, and 600 West Fulton stands out to today’s office tenants that are gravitating toward modern, functional environments that people enjoy spending time in and that offer a dynamic mix of private workspaces and communal areas,” said Schenberg, executive vice president of leasing for Parkside Realty.

 

 “This is the latest in a series of recent leases at 600 West Fulton – some with companies that are relocating to Chicago from other cities – that demonstrate why Fulton Market is one of the hottest office submarkets in the country.”

 

Originally built in 1895 to house Sears & Roebuck’s original warehouse and converted to a loft-style office building in 1982, 600 West Fulton pioneered the loft office movement in Fulton Market as one of the area’s first redeveloped industrial spaces.

 

CONTACTS:

 

Amanda Cienkus,

 acienkus@taylorjohnson.com,

 (312) 267-4524

Abe Tekippe, atekippe@taylorjohnson.com,

 (312) 267-4528

 

Realtors Specializing in Multi-Family Properties Find Assurance in KCMA-Certified Cabinets for Severe Use Applications

 

 

Betsy Natz

 

 RESTON, VA. – Originally developed by the U.S. Department of Housing and Urban Development (HUD) in 1993, the Severe Use Specifications for cabinets were designed to address realtor concerns about the longevity of cabinets installed in situations where the opportunity for abuse can be high.

Although HUD later dropped the specifications, KCMA had already established a viable Severe Use certification program and, with HUD approval, also assumed ownership of the specifications.

The specifications have since undergone four revisions with updates to the current 2017 version slated for release in 2023.

“Severe use cabinets are made with specific materials and construction techniques that make them very durable,” says KCMA CEO Betsy Natz. “Cabinets that achieve KCMA-certification for severe use have already satisfied the ANSI/KCMA A161.1-2022 Performance & Construction Standard for Kitchen and Vanity Cabinets.

 "Severe use certification takes the performance requirements a step further.”

Typically used in multifamily and/or subsidized housing units subject to high occupant turnover, college dorms, and wherever higher level of abuse might be expected, cabinets certified for severe use must comply with a set of very specific requirements

CONTACTS:

 

Mike Metz (703) 264-1690
OR
Jim Nowakowski (847) 358-4848

Lincoln Property Co. Arranges Long-Term Retail Leases at High Profile Daytona Beach, FL Entertainment Sites

 

Kathy Bonini

DAYTONA BEACH, FL  – Lincoln Property Company Southeast, (LPC) which ranks as one of the largest property leasing and management companies in the Southeast, recently closed on multiple new restaurant/bar leases -  one on North Atlantic Avenue with an ocean view and four in the heart of Daytona Beach’s Main Street Entertainment District.

Aaron Dan 

Kathy Bonini, Brokerage Services Sr. Associate and Sr. Vice President Aaron Dan – both with the Orlando office of LPC – brokered the lease of the 3,300 square foot freestanding restaurant building on a quarter-acre lot at 37 N. Atlantic Ave. representing the Landlord CTO Realty Growth to procure the tenant, Stroud’s BBQ & Grill d/b/a Hog Heaven BBQ.

The long-standing Hog Heaven BBQ property (above photo) is across the street from Oceanfront Park and the Hilton Daytona Beach Oceanfront Resort, where Dan and Bonini also handle beachfront retail leasing.

 Main Streeet's Full Moon Saloon

“Owners Ashley and Jeromy Stroud were searching for a new home for their mouth-watering BBQ since their prior location at 2516 N. Atlantic was heavily damaged by hurricane Ian, and we couldn’t be more pleased to welcome this excellent operator,” Dan said. 

 Main Street Bank

Bonini and Dan also secured the lease for the operators of Port Orange’s Doghouse Bar & Grill to take over operations of four properties in the core of Daytona’s Main Street Entertainment District – some of the high-profile retail properties in Landlord CTO Realty Growth’s portfolio. 

Theresa Doan

The properties totaling ±40,475 square feet are now 100 percent leased and plans are to seamlessly transition operations upon the retirement from former long-time owner, Theresa Doan.  The new tenant plans to keep  the legendary names (Biker’s Den; Dirty Harry’s; Bank & Blues Club and Full Moon Saloon) while revamping existing operations of these properties.

 

Ashley and Jeromy Stroud 

About Lincoln Property Southeast

Lincoln Property Southeast is a commercial real estate firm offering a comprehensive suite of value-added services for its clients.  With a substantial local presence, a history in the Southeast region and a track record of success, the company is ideally situated to provide superior service, which comes from knowing the goals and challenges faced by clientele: tenants, investors, lenders and owners of commercial real estate.    

 

 

CONTACTS:

 

Aaron Dan, Sr. Vice President, Brokerage Services, Lincoln Property Company Southeast,

407-872-3539;

 Adan@lpc.com

 

Kathy Bonini, Sr. Associate, Brokerage Services, Lincoln Property Company Southeast

407-872-3527 or

 Kbonini@lpc.com 

 

Beth Payan, Larry Vershel Communications, Inc.

407-461-3781 or

 beth@larryvershel.com