Miami Realty Executive Austin Hollo named to the Greater Miami Chamber of Commerce Executive Committee and to the United Way Miami Board of Directors

Austin Hollo

MIAMI, FL – Florida East Coast Realty (FECR) Chief Operating Officer, Austin Hollo, has been newly appointed to the Greater Miami Chamber of Commerce (GMCC) Executive Committee, as well as to the United Way Miami Board of Directors.

 The Chamber represents more than 400,000 member company employees. Hollo serves on the GMCC Board of Directors and New World Center Committee, as well.

 “Since joining the Chamber, I have seen tremendous progress in promoting Miami’s vibrant business community,” said Hollo. “It is truly an honor to be selected, and I am excited to continue working together with GMCC’s President & CEO, Alfred Sanchez, to fuel the advancement of our great city.”

 Alfred Sanchez

Hollo is also a long-standing member of the Young Leaders Executive Committee for United Way Miami.

 Austin Hollo joined FECR in 2009, as the third generation of the Hollo family to be welcomed into the company.

 He focuses on the development of upcoming projects, the marketing and positioning of existing properties, and the coordination of property management and leasing activities, as well as the company’s strategic vision, day-to-day administration and operations, and business development.

 Further, he is integrally involved in all financing efforts, oversees the company’s risk management and insurance portfolio, and is responsible for underwriting and evaluating any real estate acquisitions and investments.

Tibor and Sheila Hollo

Additionally, Hollo serves on the Advisory Boards for Florida International University’s Tibor and Sheila Hollo School of Real Estate and Center for Leadership, as well as on the Board of Directors, Funding Development Committee, and New Leaders Taskforce (Past Chair) for the Miami-Dade Beacon Council.

.About Florida East Coast Realty

 Founded over 60 years ago by Tibor Hollo, Florida East Coast Realty (FECR) has built more than 60 million square feet of construction, consisting of landmark residential and commercial high-rises, single-family homes, government buildings, marinas, high-end retail centers, warehouse complexes, and telecommunications centers.

 

 Contacts:

Don Silver / Max Brodsky

BoardroomPR

 954.370.8999  

donsil@boardroompr.com 

 mbrodsky@boardroompr.com, 

both for Florida East Coast Realty

 

 

Daniel Benjamin

Senior Account Executive

 BoardroomPR

dbenjamin@boardroompr.com

O 954-370-8999

C 954-618-8287

Bank of America Plaza

 1776 N Pine Island Road

Suite 320 | Fort Lauderdale, FL 33322

Web | Facebook | LinkedIn | 

 

www.fecr.com

 

 

 

Northmarq’s Houston office brokers 1031 exchange of The Shoppes at Town Square in Deer Park, TX

Shoppes at Town Square, Deer Park, TX

HOUSTON, TX — Northmarq’s vice president Riley Sharman  arranged the sale of a 11,692 sq. ft. shopping center located at 3709 Center St in Deer Park, Texas.

Riley Sharman 

 At the time of sale, the strip center was leased to five tenants. Sharman represented the seller, a Florida-based private investor. A local investor purchased the property in a 1031 exchange.

 Northmarq’s Houston debt and equity team of Larry Peters and Michael Borden secured financing for the buyer.

 “The seller was able to beneficially exercise a tax-deferred exchange and diversify his portfolio by acquiring assets in the Southeastern U.S.,” said Sharman. “One interesting factor was the limited inventory of retail strips for sale in this submarket, and my team was able to produce multiple offers for the seller.”

Larry Peters

The Shoppes at Town Square is situated southeast of downtown Houston and off the highly trafficked intersection of Center Street and East Pasadena Boulevard, which sees over 24,000 cars per day.

 The property is 75 percent occupied by a restaurant and other service-oriented tenants and adjacent to a 264-unit multifamily community.

 The Shoppes at Town Square benefits from the surrounding five-mile retail trade area with neighboring national tenants such as Starbucks, CVS Pharmacy and Planet Fitness.

Michael Borden 

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.Northmarq.com.