Native Realty Obtains 357,000-Square Foot Industrial Portfolio Assignment in Florida's Central Broward County

FORT LAUDERDALE, FL –– Native Realty, the pioneering Fort Lauderdale-based real estate firm led by Jaime Sturgis, was hired to exclusively lease a large-scale industrial portfolio in Central Broward County. The firm’s

Adam Docktor 

Adam Docktor is overseeing leasing at Elevate Broward, an 11-building business park with 357,000 square feet across 20 acres.

 

Located at 3451 NW 19th St. in Lauderdale Lakes, Elevate Broward is an ideal last-mile option for logistics, transportation, construction firms, e-commerce, distribution tenants and more. The business park is near I-95, Florida’s Turnpike and U.S. 441. Existing tenants run the gamut from small to mid-sized and national companies.

 

Elevate Broward underwent a seven-figure exterior beautification program earlier this year. Individual small-bay spaces range from 1,870 to 20,000 square feet to accommodate different user requirements. Interior features include 18-foot ceiling heights, 12x14 grade level doors, on-site property management and maintenance, three-phase power in select units and natural light from Northwest 19th Street frontage.

 

“Native Realty is uniquely suited to successfully lease an industrial portfolio like Elevate Broward,” Sturgis said. “We are tapping into our relationships with business owners of all sizes and from all walks of life to generate interest in the available warehouses. Elevate Broward offers a diverse range of small-bay warehouses in a large business park setting, which is uncommon in the South Florida market.”

 

Contact:

 

Eric Kalis

Senior Vice President

ekalis@boardroompr.com

C 305-794-5123

O 954-370-8999

Web | Facebook | Instagram | LinkedIn

 

elevatebroward.co.

www.nativerealty.com.

 

 

Hospitality Industry Marketing & Sales Veteran Wendy Hoekwater Launches Net Growth Marketing Firm

 

Wendy Hoekwater

OUTER BANKS, NC—Hospitality industry veteran Wendy Hoekwater has formed Net Growth Marketing, LLC, a marketing and sales consulting firm specializing in scaling small- to mid-sized companies in hospitality, travel and tourism.

               

 “Having led sales and marketing initiatives for some of the most respected brands in the hospitality industry, including Marriott International, Choice Hotels International and Great Wolf Resorts, Inc., I’ve gained a deep understanding of what drives success in this competitive market," said Hoekwater.

“At Net Growth Marketing, our mission is to empower our clients in the hospitality and tourism industry who may not have internal resources with proven, customized sales and marketing strategies.

 

"These are solutions I’ve personally developed and implemented, resulting in measurable improvements to the bottom line. We don’t believe in one-size-fits-all; we collaborate with owners to craft strategies tailored specifically to their company’s unique needs.”

Net Growth Marketing offers a full spectrum of sales and marketing services for small- to mid-sized companies in the hospitality and tourism industry, including strategic market planning, brand positioning, digital marketing solutions and sales operations optimization.  The company also assists with brand storytelling and marketing team leadership coaching.

                A 20-year hospitality veteran, Hoekwater most recently served as vice president of marketing and sales with Surf or Sound Realty, a premier vacation rental property management company with more than 600 vacation rental homes in the Outer Banks.

 

Contact:

 

Chris Daly

(703) 864-5553

chris@dalygray.com

RKW RESIDENTIAL Recognized Nationally for Resident Satisfaction and Operational Excellence

  

Joya Pavesi 

 Charlotte, NC - RKW Residential, one of the nation’s fastest-growing multifamily management firms, landed in the top 5 of a pivotal ranking for resident satisfaction and operational excellence for the second consecutive year. The firm secured the No. 5 spot in the 2024 J Turner Research Division I ORA® (Online Reputation Assessment) Power Ranking.

 

The annual rankings are based on ORA scores, an aggregate compilation of a property’s ratings across various review sites and Internet Listing Services (ILSs). To be eligible for Division I, a management company must have ranked in the top 10 of the National Multifamily Housing Council’s (NMHC) annual 50 Largest Apartment Managers list.

 

“We are proud to maintain a top position in the Division I ORA Power Ranking, as it reflects how RKW prioritizes people above all,” RKW EVP, Marketing & Strategy Joya Pavesi said. “In the past year, our team implemented numerous exciting initiatives at our communities to further enhance the experiences of our residents. This ranking validates those efforts and our overall operating mission.” 

 

Contact:

 Angelic Bringas

Account Executive
abringas@boardroompr.com
C 786-202-5773
O 954-370-8999
Web | Facebook | Instagram | LinkedIn

 

JLL Capital Markets arranges $53 million acquisition financing for the 877-unit vintage-built, seven-property multi-housing portfolio located in Spartanburg, SC and Mauldin, SC.

 

Part of an 877-unit, seven-property
 multi-housing portfolio located
 in Spartanburg and Mauldin, SC

 

Jamie Leachman

 WASHINGTON DC–  JLL Capital Markets has secured a $53.4 million bridge financing for an 877-unit, seven-property multi-housing portfolio located in

 Spartanburg, SC and Mauldin, SC

 

JLL represented the borrowers, Machine Investment Group and Prospect Lane in securing  the three-year, floating-rate loan.

 

JLL Capital Market’s Debt Advisory team representing the borrower was spearheaded by Senior Managing Director Jamie Leachman and Directors Jonah Aelyon and Carter Wroblewski.

 

Jonah Aelyon

The portfolio comprises five properties in Spartanburg and two in Mauldin, all strategically located in South Carolina’s bustling Upstate region. 

The attractive demographics of the region, with a population growth of over 500,000 in the past decade and a net migration of 94,000+ residents in 2022 alone make it a compelling destination for businesses.

Greenville's economic growth has been strongly influenced by key drivers such as BMW's expansive Plant Spartanburg, Michelin’s North American Headquarters and Inland Port Greer.

    Carter Wroblewski

 

The 70%-occupied, 1971-1986 vintage apartment portfolio, has 139 newly renovated units The Sponsor plans to remodel an additional 300.

The restorations will include updates to in-unit features like new cabinet faces, stainless steel appliances, quartz countertops, light fixtures and non-carpet flooring. Additionally, the exterior of the complexes will get updated roofs, parking lots, sidewalks, exterior painting, HVAC systems and security camera installations.

 

For more news, videos and research resources, please visit JLL’s newsroom. 

 

Contact:

 

Gréta Kieras​​​​ Senior Associate, Public Relations JLL Capital Markets 1980 Festival Plaza Drive Suite 250 Las Vegas,  NV  89135 T  +1 949 930 8498 Greta.Kieras@jll.com CA  RE license # 02111877

us.jll.com/capitalmarkets

 

Jones Lang LaSalle Americas, Inc.
a licensed real estate brokerage company.
​CA RE license #01223413

DXD Capital completes development of new 103,964-SF self storage facility in Kapolei, Hawaii

 

                       New, Class A self storage facility 

                          at  91551 Kapolei Kai Street 

                                    in Kapolei, HI 

KAPOLEI, HI, Aug. 30, 2024—DXD Capital, a private equity investor and self storage developer, announced the opening of a brand new, Class A storage facility in Kapolei, HI in partnership with InSite Self Storage. Financial details were not disclosed.

 

The facility, located at 91551 Kapolei Kai Street, offers 1,079 individual storage units totaling 103,964 net rentable square feet. This multi-story, 100% climate-controlled facility is a rare offering in this market.

 

SecureSpace will manage this facility. PB Brown was the general contractor and delivered the project ahead of schedule.

The property was acquired in November 2021. To date, DXD has invested in nineteen self storage developments and one seven-facility portfolio acquisition across the United States.

Drew Dolan

“Kapolei was one of the first sites we identified for DXDs first closed-end fund, but fast forward, it is one of three ground-up self storage developments we have in Hawaii," said Drew Dolan, Principal and Fund Manager. "InSite has been a great partner, and we are excited to see them nail the lease-up with SecureSpace management.”

DXD Capital is a data-driven real estate private equity company focused solely on the self storage sector. DXD utilizes proprietary tools to access data and source compelling investments for its investors.

 

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.dxd.capital.

 

JLL Capital Markets leads sales efforts for the newly delivered Dove Valley Logistics Center II warehouse in Englewood, C0

  

f Dove Valley Logistics Centre II, 
a 304,620-SF Class Awarehouse
in Englewood, CO

 DENVER, CO –  JLL Capital Markets brokered the sale of Dove Valley Logistics Centre II, a 304,620-square-foot Class A warehouse in Englewood, Colorado. The price was not disclosed.

Sean Devaney 

JLL worked on behalf of the seller, BlueScope Properties Group, in the sale to LBA Realty.

The JLL Investment Sales and Advisory team was led by Senior Managing Director Sean Devaney and Director Rob Key.

 

“The sale of Dove Valley Logistics Center II underscores the strong investor demand for industrial product in Denver's Southeast submarket,” said Key. “With its strategic location providing connectivity to the entire Denver metropolitan area, particularly South Denver and the growing population along the I-25 corridor, it comes as no surprise that this submarket continues to attract institutional capital.”

 

        Matt Roth

The cross-dock warehouse built in 2023 boasts best-in-class features, including 89 dock high doors, 36-foot clear height, 60-foot column spacing, and ESFR sprinklers.

 

Additionally, the property has 6,700 square feet of office space, complete with an employee break area, wellness room, conference room and security station. The property is 100% leased to a leading e-commerce giant.

 

Located at 7800 S Fairplay St. in Denver’s Southeast submarket, the property provides excellent access to both I-25 and E-470 and resides within close proximity of the highest concentration of executive housing in the entire Denver metro area.

 Rob Key

“This was our second development and sale in the Southeast Denver market, and JLL came through again with delivering a fantastic tenant and running a first-in-class sales process,” said Matt Roth, President of BlueScope Properties Group. 

“LBA’s approach to due diligence and purchase process was completely professional and seamless, and I congratulate LBA on acquiring this Class A facility.”

Contact:

 Grace Lewis

PR, Capital Markets

JLL

2401 Cedar Springs Rd.

Dallas, Texas 75201

M +1 903 520 3478

JLL.com

 

BlueScopePropertiesGroup.com