John Testerman joins JLL’s Raleigh office as Senior Director

John Testerman

  

RALEIGH, NC –  JLL’s Hotels & Hospitality group announced

John Testerman has joined the Raleigh office as Senior Director. Testerman will work closely with Ketan Patel who leads hotel investment sales in the mid-Atlantic region, as well as Travis Anderson and Pete Pitroff who head the Carolinas office.

 

 In his role as Senior Director, Testerman will be responsible for overseeing key client accounts, providing strategic investment sales guidance and expanding JLL's hospitality presence in the Carolinas.

Ketan Patel 

“We are thrilled to welcome John to our team," said Kevin Davis, Americas CEO of JLL’s Hotels & Hospitality group. "His diverse skill set, combined with his deep understanding of the real estate landscape in the Carolinas, positions him as a key asset in helping our clients achieve their business goals. We look forward to working closely with him as we continue to grow and succeed in this region."

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

 

 

 

CONTACT:

 

Alli Stent

PR, Hotels & Hospitality

Capital Markets

Chicago | JLL
M +1 330 329 6750

 

Hospitality Ventures Management Group (HVMG) Names Linda Philp Senior Vice President and Chief Financial Officer

Linda Philp

ATLANTA, GA —Hospitality Ventures Management Group (HVMG), an Atlanta-based third-party hotel operator and investor, has named Linda Philp, CPA, senior vice president & chief financial officer. 

 

 In her role, she will be responsible for the company’s accounting, financial reporting, tax, systems optimization/ technology and risk management functions.

             

“Linda brings with her a wealth of finance and accounting expertise that will not only provide support for our property-level general managers and directors of finance/controllers but will also serve as a valued strategic partner for our owners and investors,” said Robert Cole, CEO. 

 

 Robert Cole

 “She is a big picture thinker and a hands-on leader, an ideal combination given our size to lead our finance and accounting functions.  Leveraging her experience across hotel, restaurant, service and distribution companies, Linda will further strengthen our finance and accounting infrastructure to support HVMG’s anticipated growth.”

Most recently, Philp was CFO of Universal Turbine Parts, LLC.  Prior service-industry CFO roles include Lodgian, Inc. and The Krystal Company. 

 

 

 

CONTACT:

 

Chris Daly

President

DG Public Relations

(703) 864-5553

chris@dalygray.com

www.dalygray.com

 www.hvmg.com 

 

JLL Capital Markets worked for Bixby Land Company and a global investment manager in the sale of 4982 Hallmark Parkway in San Bernardino, CA

  

4982 Hallmark Parkway, Inland Empire, Southern California

LOS ANGELES, CA–  JLL Capital Markets has arranged the sale of 4982 Hallmark Pkwy totaling 340,080 square feet in the Inland Empire. The price was not disclosed.

 Mark Detmer

JLL represented the seller, Bixby Land Company and a global investment manager, and procured the buyer, Dalfen Industrial.

 

The Class A property was built in 2018 and is fully leased to two tenants. Key features include 32-foot clear heights, ESFR sprinklers, 47 dock-high doors and two grade level doors.

 

The asset is located in the ultra-core Inland Empire, the most sought after institutional industrial market nationally. It has strategic access to major transportation corridors and critical distribution and logistics hubs.

 Patrick Nally

It boasts access to all points throughout the Inland Empire and greater southwestern U.S. via the I-215, I-15, CA-210, I-10 and other nearby freeways in Southern California’s extensive freeway system.

 

The Port of Los Angeles and Port of Long Beach are approximately 77 miles from the property in addition to multiple railway access points within 70 miles from the asset.

 

The JLL Capital Markets Investment Sales and Advisory team was led by Senior Managing Directors Mark Detmer and Patrick Nally, Managing Director Ryan Sitov and Senior Director Evan Moran.

Ryan Sitov

 The JLL Capital Markets Debt Advisory team was led by Executive Managing Director Kevin Mackenzie and Senior Managing Director Brian Torp.

 The Inland Empire Markets Team was led by Executive Managing Directors Mike McCrary, Patrick Wood and Senior Managing Directors Ruben Goodsell and Jeff Bellitti. 

 

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

 

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

 Evan Moran

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

 

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

 

Jones Lang LaSalle Americas, Inc. ("JLL") is a real estate broker licensed with the California Department of Real Estate, license #01223413.   

 

 

Contact;

 

Alli Stent

PR, Hotels & Hospitality,

Capital Markets

Chicago | JLL
M +1 330 329 6750

 

 

JLL arranges the sale of Class A CBI Distribution Center in Southwest Charlotte, NC

                SOLD: CBI Distribution Center, a 60,000-SF

                       mission-critical logistics facility 

l                             located in Charlotte, NC   .

 

 Charlotte, NC –  JLL Capital Markets has arranged the sale of CBI Distribution Center, a 60,000-square-foot, mission-critical logistics facility located in Charlotte, North Carolina. The price was not disclosed.

Dave Andrews

JLL represented the seller, an affiliate of Zurich Alternative Asset Management, in the sale to a private investor, a family investment company based in Charlottesville, Virginia.

 The property is located at 2817 Westinghouse Blvd. and is fully leased to ONECBI, LLC, d/b/a CBI Workplace Solutions ("CBI") with 6.5 years of lease term remaining.

 

It was built in 2017 and features front-load configuration, 24-foot clear heights, nine dock-high doors, one drive-in door, 10 knock-out panels and 44 parking spaces spanning 9.880 acres.

 

CBI Distribution Center is located just two miles from the I-485/I-77 interchange, offering prime connectivity to the Charlotte MSA. 

Pete Pittroff

The property is located within ten miles of I-85, the logistics super corridor offering seamless connectivity to all the major markets throughout the Southeast including Richmond, Raleigh-Durham, Greensboro-Winston-Salem, Greenville-Spartanburg and Atlanta.

 

The JLL Capital Markets team was led by Senior Director Dave Andrews, Senior Managing Director Pete Pittroff, Director Josh McArdle and Analyst Michael Lewis. 

 

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

Josh McArdle 

The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment sales and 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, please visit JLL’s newsroom. 

 

CONTACT

 

Alli Stent

PR, Hotels & Hospitality

 Capital Markets

Chicago | JLL
M +1 330 329 6750

Ware Malcomb announces San Diego, CA leadership news;Angela Ryan named Principal; Robert Park returns as Director, Architecture; Karla Middleton promoted to Studio Manager, Architecture in San Diego Office

 

Angela Ryan

SAN DIEGO, CA -- Ware Malcomb, an award-winning international design firm, announced Angela Ryan has been promoted to Principal, Robert Park has rejoined the firm as Director, Architecture and Karla Middleton has been promoted to Studio Manager, Architecture in the firm’s San Diego office. 

As Principal, Ryan is responsible for the growth and management of the San Diego Interior Architecture & Design, Retail and Healthcare studios.

Karla Middleton

She joined Ware Malcomb in 2016 and brings more than 18 years of experience to her role. Ryan is a well-rounded leader and a flexible designer with expertise in various project types, including retail, healthcare, office, education and hospitality.

 She actively participates in several industry and nonprofit organizations, including serving as Past President of the International Design Associations (IIDA) Southern California Chapter for 2020-2021.

 

Robert Park

 Ryan holds certifications from the California Council for Interior Design (CID), the Evidence-Based Design Accreditation and Certification (EDAC), and the National Council for Interior Design Qualification (NCIDQ). 

“Angela's exceptional leadership skills and dedication have made an incredible impact on our San Diego team,” said Matt Brady, Executive Vice President, Ware Malcomb. “We congratulate her on the promotion to Principal and are excited to see her contributions in continuing to grow our presence in the region.” 

 

Matt Brady

With his return to the firm as Director, Architecture, Robert Park assumes responsibility for the overall growth and management of the San Diego Architecture Studio, along with oversight of all San Diego architecture projects. He rejoins Ware Malcomb after four years as Director of Architecture for Ryan Companies, a U.S.-based industrial developer with projects nationwide. 

“We are pleased to welcome Robert back to the firm in his new role. His recent experience working on the client side provides a unique perspective that will help us grow and further develop the San Diego Architecture Studio,” said Brady. “Additionally, his project resume includes numerous industrial cold & food projects, which has emerged as one of our key nationwide specialty practices.”

  Park has more than two decades of background in master planning, entitlement, conceptual design, schematic design, design development, contract documents, and on-site project management. He earned his Bachelor of Architecture degree from Kent State University in Ohio.

 Karla Middleton brings more than 12 years of experience with ground-up construction in all types of development to her new role as Studio Manager, Architecture. She will help facilitate the growth of the multifamily sector in the West Region, while also overseeing the staffing and management of the Architecture Studio in San Diego.  

 Middleton joined the Ware Malcomb San Diego in 2019 and was immediately assigned to one of the firm’s first major senior living projects in the San Diego market. Her diverse project resume shows a range of experience in multifamily, commercial architecture, tilt-up industrial, retail, and senior living.

“Multifamily is another key practice area for Ware Malcomb, and we look forward to Karla’s continued contributions and leadership in this sector,” Brady said. “She demonstrates a keen eye for detail, tremendous versatility, and has built strong relationships with several of our key clients.”

 With a strong understanding of business operations, Middleton maximizes team efficiency while balancing the Architecture Studio workload. She earned a bachelor’s degree in interior design from the Design Institute of San Diego, and a Master of Architecture degree from the NewSchool of Architecture & Design in San Diego.

Ware Malcomb has deep roots in the San Diego region. In 2024, the firm is celebrating their 40^th anniversary in the market.

 

CONTACTS:

 

Rachel Devany

VP Public Relations,

 KCOMM for Ware Malcomb

rachel@kcomm.com

Maria Rodgers, Director, PR & Communications, 949.660.9128, mrodgers@waremalcomb.com

 

Sean Boswell, PR Specialist, 949.660.9128, sboswell@waremalcomb.com

 

JLL Capital Markets secures development capital for the 440-unit multi-housing project located at 200 Quannapowitt Parkway along Lake Quannapowitt in Wakefield, MA

200 Quannapowitt, a 440-unit, transit-oriented
multi-housing community planned
 in Wakefield, MA

BOSTON, MA – JLL Capital Markets has arranged a capitalization for 200 Quannapowitt, a 440-unit, transit-oriented multi-housing community to be built in Wakefield, Massachusetts, on Lake Quannapowitt. Financial details were not disclosed.

Brett Paulsrud, 

 

JLL worked on behalf of the developer Cabot, Cabot & Forbes, to secure the joint venture equity with Equity Residential (NYSE: EQR).

 

The JLL Capital Markets Advisory team was led by Senior Managing Director Brett Paulsrud, Managing Director Andrew Gray and Director Mike Shepard.

 

 Upon completion, the property will feature one-, two- and three-bedroom floorplans with 18% of the units designated as affordable.

Andrew Gray

200 Quannapowitt will feature market-leading amenity options, including coworking spaces, an outdoor pool, an expansive fitness center, grilling areas on the lake, a skydeck clubhouse, commuter rail shuttle and multiple courtyards.

 Residents will benefit from the natural lake setting with walking and biking trails, as well as sailing and windsurfing opportunities.

 

Ideally located along I-95 in Boston’s thriving 128 North corridor, residents will enjoy convenient access to suburban Boston’s leading employers and amenity options while also enjoying tranquil and relaxing outdoor activities right at one’s doorstep.

 

 Mike Shepard.

“Greater Boston multi-housing fundamentals remain strong and leading institutional investors continue to focus on quality investment opportunities in the space,” said Paulsrud.

 

 “The Cabot, Cabot & Forbes team worked tirelessly with the community to prepare a project that incorporates the feedback from a wide array of stakeholders and will offer much needed rental housing to Boston’s suburbs.”

 

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

 The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment sales and 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:

 Kristen Murphy

Director, Public Relations

JLLkristen.murphy@jll.com