AnaBios signs 20,000-SF lease at the GENESIS-San Diego building in downtown San Diego, CA

The eight-story,  200,000-SF GENESIS-San Diego
 building in downtown San Diego, CA
 is 50 percent leased

  

 SAN DIEGO, CA – Confirming that Downtown San Diego is a growing life science cluster, Phase 3 Real Estate Partners, Inc. has proudly announced its newest lease with AnaBios within the highly coveted GENESIS-San Diego.

 

Andre Ghetti

This cutting-edge, eight-story, 200,000-square-foot Class A life science building, established itself as a premiere facility for some of the most forward-thinking life science companies in San Diego.

Chad Urie

The signing of AnaBios to a new 20,000-square-foot lease GENESIS-San Diego brings the property to 50 percent leased. 

AnaBios is joined by Novoron Bioscience, Excellos and Native Microbials in downtown's newest wet lab building.

 

AnaBios will use the space to continue offering their clients cutting-edge drug discovery and research translational services based on of high-quality human tissue and cells, including heart, lung, and dorsal root ganglia.

 

"We believe that being located in downtown San Diego near other life science firms, the Convention Center and the airport will provide a key catalyst for our growth," said Andre Ghetti, Founder and Chief Executive Officer at AnaBios.

Grant Schoneman

"The unmatched resources, inspiring environment, and unwavering commitment to innovation offered by Phase 3 Real Estate Partners align perfectly with our vision for the future.”

 

JLL’s Chad Urie, Grant Schoneman and Taylor DeBerry represented the landlord, Phase 3 Real Estate Partners, in the lease.  AnaBios was represented by Jon Engle and John Hundley of Newmark. GENESIS San Diego can accommodate users ranging from 7,500 square feet and larger.

 

"Downtown San Diego is emerging as a vibrant hub for innovative life science companies, and AnaBios' decision to join the impressive lineup at GENESIS reflects the area’s appeal,” said Jon Engle, Newmark Managing Director. 

Taylor DeBerry

 “The city's collaborative environment, coupled with the cutting-edge facilities provided by Phase 3 Real Estate Partners, is fostering an ecosystem where companies like AnaBios can thrive and advance groundbreaking discoveries and scientific research."

 

Phase 3 Real Estate Partners Inc., in partnership with Barings and Bain Capital Real Estate, completed the Genesis-San Diego life science conversion in mid-2022, delivering robust infrastructure, premier finishes and thoughtful designs that were curated allowing today’s top biotech companies space to grow, and succeed in their endeavours.

 

Learn more at www.GENESIS-SanDiego.com.

 

Jon Engle

About Phase 3 Real Estate Partners

 

Phase 3 Real Estate Partners, Inc., ("Phase 3") develops premier ready to occupy research and development facilities in the major innovation clusters of the United States.

 

Phase 3's focus on delivering the highest quality space with accelerated speed to occupancy within these key geographies allows companies to immediately pursue their scientific goals.

 

The Phase 3 team delivers a clean, modern design aesthetic, the right combination of amenities to create community and appropriate infrastructure to meet the needs of the companies who call our facilities home.

John Hundley

The firm's expertise in development, construction and management of life science facilities results in a strong partnership between our tenants and our team.

 

 Phase 3's current portfolio consists of nearly 4.5 million square feet and is growing in San Diego, San Francisco and Boston.

  

About Barings

 

Barings is a $362+ billion* global investment manager sourcing differentiated opportunities and building long-term portfolios across public and private fixed income, real estate, and specialist equity markets.

                                            Genesis-SD3

With investment professionals based in North America, Europe and Asia Pacific, the firm, a subsidiary of MassMutual, aims to serve its clients, communities and employees, and is committed to sustainable practices and responsible investment.

*As of March 31, 2023

  

 

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.”

 

jll.com.

www.P3RE.com.

 

 

The Easton Group Helps Dream Team Law acquire office building at 1120 Ponce de Leon Boulevard in Coral Gables, FL. for $5.1 million

 

Vanessa E. Dream

Coral Gables, FL and Doral, FL —The Easton Group assisted a Coral Gables law firm to find new headquarters in Coral Gables.

 

 Dream Team Law, led by U.S. Navy veteran Vanessa E. Dream, Esq., bought the 8,500-square-foot office building at 1120 Ponce De Leon Blvd. for $5.1 million.

 

Easton senior associate Jake Weiss represented the law firm in the transaction.  Jennifer Aragon of Pan American Realty Services represented the seller, Cantelop Properties LTD.

 

Jake Weiss 

“Our client’s leases were coming up, and they wanted one centralized headquarters in the Gables to accommodate the incredible growth they are experiencing, not just in South Florida, but around the country,” Weiss said.

 

 “When we evaluated all the options, buying an office building made the most sense. Obtaining insurance and financing in today’s market climate presented a few hurdles, but we overcame them and ultimately closed the deal.”

Jennifer Aragon

Dream Team Law, which primarily handles personal injury cases, currently works from two offices in Coral Gables and will consolidate all operations in the new building. 

 

The firm has approximately 30 attorneys and staff in South Florida and is rapidly expanding.

 

“We are very appreciative of the support and dedication by the Easton Group and our associate, Jake Weiss,” Dream said.  “We are looking forward to continuing to grow our firm from our new home in the Gables.”

The law firm recently merged with a litigation firm in Coral Gables and has offices in Illinois, Georgia, Texas and New Jersey. 

 

 

CONTACT: 

 

Todd Templin

BoardroomPR

ttemplin@boardroompr.com

954-370-8999 and 954-290-0810

 

www.dreamteamlawfl.com

www.theeastongroup.com.

 

R.M. Woodworth & Associates and Core Hospitality Advisors to Merge

 

Adam Cowart 

ATLANTA, GA AND BIRMINGHAM, AL, MARCH 15, 2024---Officials of R.M. Woodworth & Associates (RMWA), a leading provider of customized lodging research and advisory services, and Core Hospitality Advisors, a firm specializing in hospitality real estate appraisals, today announced the merger of their two firms.

 

Adam Cowart and John Ritger will be joining Mark Woodworth, Henry B. “Hank” Staley, Jr. and Jill L. Bidwell as principals in the new firm, Woodworth Core Group (WCG).

 

With the merger, WCG will have offices in Atlanta, Jacksonville, Washington, D.C., Birmingham, Baton Rouge and Boise, Idaho.

 

 John Ritger

“We are fortunate to have assembled a strong team and achieved significant growth since forming RMWA three years ago.” said Mark Woodworth, founding principal.

 

“Our initial vision was to establish a strong advisory foundation focused on an expert understanding of lodging industry fundamentals, asset management capabilities and solid research practices and methods.

 

"In merging with Core Hospitality Advisors, we are taking our valuation expertise and database coverage to a new level.

 

'We believe that the collective understanding of the drivers of change in hotel real estate profitability and value is critically important as all lodging industry participants work their way - willingly and unwillingly - through the protracted period of recovery following the Great Pandemic of 2020.”

Mark Woodworth

Over the last two decades, Core Hospitality Advisors has grown from a small family business into a national hospitality-focused appraisal and consulting firm. 

The company has completed over 4,000 assignments across all 50 states, ranging from small independent properties to large full-service resorts. 

Core’s appraisers are among the most experienced in the industry, with diverse backgrounds in hotel brokerage, development, ownership and property management. The firm’s research team oversees an extensive database with over 70,000 hotels.

 

Henry B. “Hank” Staley, Jr.

“We have been friends with the principals of RMWA for many years and have had the opportunity to collaborate with them on numerous occasions since they formed their firm in early 2021” noted Cowart and Ritger, co-owners of Core Hospitality Advisors. 

"We were fortunate to work with the RMWA team on a number of diverse projects in recent years including large portfolio valuation assignments, single asset appraisals, large resort lodging and residential developments as well as real-estate property tax appeal litigation.”

 

Prior to establishing his own firm, Woodworth, along with Cornell University’s Jack Corgel, founded PKF Hospitality Research in 1999. 

Like his new colleagues, Woodworth has managed and conducted consulting assignments, involving both public and private sector clients, throughout the U.S. 

Jill L. Bidwell 

The relationships and experience of the team at Woodworth Core Group extends to many of the industry’s leading lenders, developers, chains, and management companies. 

 Jack Corgel

The firm’s principals have dealt with all aspects of management contract negotiation, operations, development, valuation, bankruptcy and expert witness advisory as well as financing.

 

CONTACT: 

 

Chris Daly

President

DG Public Relations

(703) 864-5553

chris@dalygray.com

www.dalygray.com

 

 

 

 

 

 

 

 

  

 

 

CONTACT: 

 

Chris Daly

President

DG Public Relations

(703) 864-5553

chris@dalygray.com

www.dalygray.com

 

 

 

 

 

 

 

 

 

California Lodging Investment Conference [CLIC] Hosts Seventh Annual Event in Costa Mesa, CA

From left: Chris Tychsen, President, Green Innvestor; Henry Wong, Principal, AO Architects; Nikki Fox, VP, GLR, Inc.; Jessica Janis, Director Corning Optical Communications; Jenny Redlin, Principal Partner, ESI and Emmy Hise, Sr. Director CoStar

 

NEWPORT BEACH, CA —Officials of the California Lodging Investment Conference [CLIC], the only hospitality conference focused on the California hotel market, has completed its seventh annual event held at the Westin South Coast Plaza in Costa Mesa, Calif. 

 Craig Sullivan

With nearly 300 attendees, the conference included an opening reception for all attendees and a series of networking events and expert panels discussing the state of the California hotel industry followed by the post-conference networking mixer. 

 

“As we continue to build attendance, I was pleased to see so many new faces joining our stalwart returning friends who wanted to learn about the latest and greatest happenings with hotels in the Golden State," said,” Craig Sullivan, founder and president, [CLIC]. 

 

“From a market by-market overview of major California cities by Bruce Ford of Lodging Econometrics to probing discussions about labor solutions, there was something for virtually anyone with hotel interests in the California hotel market. 

Bruce Ford

 "And with the strong prognostications that arose during this year’s event, it looks like 2024 is going to be another strong year for the hospitality industry.”

 

Starting with an opening night mixer highlighted by the presentation of the California Hotel Development Deals of the Year to the joint AC/Moxy DTLA and The Pendry Newport Beach, the conference provided multiple networking opportunities and educational sessions. 

 

 This year’s panels included, “Hotel Labor, Economy & Inflation,” “Hotel PIPs, Construction & Tech” and “Hotel Revenue Enhancement & Strategies.”  Jason Riederer of AHLA also gave a California policy update. 

 Jason Riederer

The event concluded with Jim Butler, founding partner of Jeffer Mangels Butler & Mitchell LLP, and founder and chairman of the Firm's Global Hospitality Group®, receiving CLIC’s prestigious lifetime achievement award.

 

About [CLIC]

 

The California Lodging Investment Conference is the nation’s only hospitality conference focused exclusively on the California hotel market. 

 Jim Butler

Now celebrating its 7th year, the day-long event draws some of the industry’s largest and most well-known owners, operators, brands and hospitality-related experts in the world. 

 

 

CONTACT: 

 

Chris Daly

President

DG Public Relations

(703) 864-5553

chris@dalygray.com

www.dalygray.com