JLL Capital Markets led the sales and financing efforts for the 352-unit, garden-style AMLI Doral multi-housing community in Doral, FL

AMLI Doral, a 352-unit, core-plus, garden-style
multi-housing community in Doral, FL

 

 MIAMI, FL– JLL Capital Markets has closed the sale of and arranged acquisition financing for AMLI Doral, a 352-unit, core-plus, garden-style multi-housing community in Doral, Florida.

Maurice Habif

JLL represented the seller, AMLI Residential, in the sale of the property to Pantzer Properties. Financial details were not disclosed.

 

Completed in 2013, AMLI Doral consists of nine four-story buildings housing one-, two- and three-bedroom units. Units average 1,058 square feet and feature stainless steel appliances, granite countertops, nine-foot ceilings, soaking tubs, walk-in closets, private patios or balconies and full-size washers and dryers in each unit.

 

The community offers amenities, including a two-story fitness center, swimming pool with lakeside grilling stations, business center, lounge with game tables, clubhouse with party room, tot lot and playground, electric car charging stations and bike parking.

Simon Banke

The property is positioned on a 16.4-acre campus at 11481 NW 41^st St. immediately adjacent to the Florida Turnpike. 

The property has easy access to the Miami International Airport, downtown Coral Gables and Downtown Miami and Brickell.

 

JLL Capital Market’s Investment Sales and Advisory team representing the seller was led by Managing Director Maurice Habif, Senior Director Simon Banke and Director Nick Lavin.

 

“AMLI Doral’s incredible quality, visibility and position within one of Miami’s most dynamic submarkets, Doral, led to outstanding property level performance,” said Habif.  “These factors truly resonated with the investment community, resulting in a tremendous amount of investor interest in AMLI Doral. 

 

Nick Lavin

"The appetite for assets like these in South Florida is voracious and we expect that to continue going forward.”

 

JLL’s Debt Advisory team representing Pantzer Properties was led by Senior Managing Director Jamie Leachman, Senior Director Amit Kakar, and Associate Sean O’Brien.

 

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.

Jamie Leachman

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.

 

 

 About AMLI Residential

 

Recently named a 2023 USGBC LEED Homes Awards Outstanding Developer and Power Builder, AMLI Residential focuses on the development, acquisition and management of environmentally responsible apartment communities throughout the U.S. Founded in 1980,

 

Amit Kakar

AMLI is owned by PRIME Property Fund, a core commingled institutional fund. AMLI owns and manages 78 apartment communities, including approximately 25,600 apartment homes, and has over 3,300 additional apartment homes under development at eight new communities.

AMLI is a leader in multifamily sustainability. Fifty AMLI communities are LEED®-certified and 47 communities are ENERGY STAR®-certified.

 

About Pantzer Properties

Sean O’Brien.

With over 10,000 apartment units, Pantzer Properties is one of the largest privately-owned multifamily owner/operators on the East Coast, focused on the affordable luxury segment of high barrier-to-entry submarkets within the Greater Boston, Philadelphia, South Florida, and Washington D.C. metro regions.

Pantzer Properties invests through a fully discretionary private equity fund series known as the Panco Strategic Real Estate Funds..

 

 

 

Contact: 

 

Kristen Murphy

 JLL Director, Public Relations

Phone: +1 617 543 4873

Email:  Kristen.Murphy@jll.com

 

 

  jll.com.

pantzerproperties.com

amli.com.

 

 

 

Lincoln Unveils Expanded Amenity Plan for Union, Further Elevating Class A Office Project in Mesa, AZ

 

Ann Lalicker

 MESA, AZ – Full-service commercial real estate firm Lincoln Property Company (Lincoln) unveiled plans for an expanded amenity package and move-in-ready speculative office space at Union Building One, the first of four Class A office buildings being developed by Lincoln and Harvard Investments in the heart of Mesa, Arizona’s Riverview District.

Union Building One, the first of four Class A office buildings
being developed by Lincoln and Harvard Investments
in the heart of Mesa, Arizona’s Riverview District.

Designed by award-winning interior architect McCarthy Nordburg and slated for delivery this fall, the elevated amenities center around “The Clubhouse,” which will add a main lounge, state-of-the-art conference center, bar and kitchen areas, as well as a golf simulator. Two move-in-ready speculative office suites are also being added to the already amenity-heavy project.

 John Orsak

“Union was delivered in the middle of the pandemic. It was pre-leased to a national credit tenant, but that entity was bought out and its team went fully remote, negating their need for this space,” said Lincoln Senior Vice President John Orsak.

“It’s a common COVID story that was challenging at the time but has become nothing but opportunity. It allowed us to magnify our vision, creating a rare full-building opportunity that perfectly aligns with today’s tenant demands.”

“Union’s expanded amenity package includes everything modern occupiers are asking for – plus an on-site golf simulator,” said Lincoln Director of Real Estate Nick Nudo.

Nick Nudo

“We joke that if you lease space at Union it will take five strokes off of your handicap, but the approach of mixing premier workspaces with opportunities to relax and recharge is the future of the corporate office landscape.

"Our goal is always to develop office projects that rank among the Valley’s best and brightest, and Union meets that benchmark.”

Totaling 238,348 and four stories, Building One was designed to attract and retain Fortune 500-level companies with institutional-quality advantages such as large floorplates, high ceilings, outdoor balconies and 10-foot vision glass providing sweeping views of the surrounding city and mountains.

 Building One is also peppered with custom artwork including commissioned wooden furniture and glass art pieces in the lobby.

“The Clubhouse takes Union to the next level, providing areas to work, eat and play in a space that perceptively mixes hospitality and residential design elements,” said McCarthy Nordburg Associate Partner and Project Manager Ann Lalicker. “Companies have recognized that these types of spaces attract and retain tenants, and are gravitating toward that benefit.”

Design features of The Clubhouse include paneled walls, wood floors, bold fabrics and gold accents reminiscent of a golf club. It features lounge, kitchen and bar areas, a golf simulator and a conference center that continues the clubhouse experience alongside state-of-the-art technology and flexibility.

Two move-in-ready speculative office suites offer equally modern features, with plug-and-play options, high-end finishes and design details providing a custom feel for potential tenants. Scottsdale-based Team Icon is the general contractor for both The Clubhouse and the spec suites.

Building One is part of the 28.2-acre Union master plan by Lincoln and Scottsdale-based Harvard Investments. It features indoor-outdoor areas, water features, adjacency to the Riverview Park and Lake, and a direct link to the Rio Salado Pathway.

 At buildout, the development will total 1.35 million square feet and four Class A office buildings bounded by Cubs Way and Riverview Auto Drive.

Contact:

 Stacey Hershauer

focusAZ 

P 480.600.0195

www.focusaz.com

 www.harvardinvestments.com.

 

 

Two Jacksonville, FL industrial buildings trade hands

Taylor Osborne
.

 MIAMI, FL –  JLL

Luis Castillo

 Capital Markets has completed the sale of Crossroads Distribution Center Buildings 100 and 200, two, fully leased, Class A industrial buildings totaling 423,056 square feet in Jacksonville, Florida.

 The price was not disclosed.  JLL worked on behalf of the seller to complete the sale to Bixby Land Company.

 The JLL Capital Markets Investment Sales and Advisory team was led by Luis Castillo, Cody Brais, Britton Burdette, Luke Pope and Taylor Osborne.

 “We continue to see strong demand from investors for opportunities in Jacksonville as the leasing fundamentals for the port market continue to outperform,” said Castillo

Cody Brais

 The distribution center is situated immediately adjacent to the interchange of I-295, which serves as Jacksonville’s beltway and offers exceptional connectivity to the port, airport and downtown.

 Crossroad’s strategic location also provides tenants rapid access to dense population centers in Florida and the entire Southeast U.S.

 Additionally, Crossroads is located within the Westside submarket, the most sought-distribution node in Jacksonville, featuring dense institutional ownership and credit tenancy. According to JLL’s research, the submarket accounted for 24% of total inventory with 38 million square feet.

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

Britton Burdette

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:

  Grace Lewis,

JLL PR

Phone: +1 903 520 3478

Email: grace.lewis@jll.com

 

www.bixbyland.com.

jll.com