GREYSTAR SECURES FIRST INDUSTRIAL LEASE AT CALIBER IN PEORIA, AZ

  

Kelly Royle

PEORIA, AZ– Greystar, a global leader in the investment, development and management of institutional-quality commercial real estate, has signed a lease with Gateway Classic Cars, representing its first tenant commitment at the three-building, Class A Caliber by Greystar industrial development in Peoria, Arizona.

Anthony
 Lydon

Under the lease, Gateway Classic Cars of Scottsdale will occupy 43,809 square feet in Greystar’s 122,863-square-foot Caliber Building B. Building B is part of the larger 411,918-square-foot Caliber industrial campus that also includes a 114,446-square-foot Building A and 174,609-square-foot Building C.

Anthony Lydon, John Lydon, Hagen Hyatt and Kelly Royle of JLL represent Greystar as the exclusive leasing brokers for Caliber. Hyatt and Sam Wetherby, also of JLL, represented Gateway Classic Cars in their lease negotiations.

John Lydon

“With divisibility down to 30,000 square feet, Caliber gives Gateway Classic Cars a very desirable space in the Peoria market, which has limited Class A industrial options,” said Hyatt. “We continue to field strong leasing interest in this project, and look forward to filling the remainder of its buildings.”

Caliber is part of Greystar’s $500 million, 88-acre Peoria Place master plan, which at build-out will include luxury apartments, build-for-rent homes and ground-floor retail in the heart of Peoria’s historic downtown.

Hagen Hyatt

As the world’s largest classic car sales company, Gateway Classic Cars operates 20 U.S. sales showrooms and an extensive online for-sale platform specializing in classic, exotic, muscle, vintage and antique cars.

“We strive to be active members within each of our showroom communities, including hosting a monthly, family-friendly collectible car showcase called Caffeine and Chrome at our locations across the nation,” said Ken Dusman, Director of Marketing at Gateway Classic Cars.

 “The Caliber development, and Greystar’s larger Peoria Place master plan, align perfectly with that effort. Access to the Loop 101 and Caliber’s modern building features were also critical in making this the ideal location for our sustained metro Phoenix presence.”

Ken Dusman

 “Greystar is a long-term developer and investor focused on building long-term tenant relationships. Our lease with Gateway Classic Cars exemplifies that process,” said Wil Hogue, Director – Industrial Development at Greystar. 

“Caliber gives Gateway flexible, well-priced, first-generation commercial-industrial space that will help maximize its operational success. We are thrilled to welcome Gateway Classic Cars to Caliber and to officially kick off our first lease at this stand-out project.”

 

Contact:

 Stacey Hershauer

focusAZ 

 P 480.600.0195

www.focusaz.com

 

Five Star Group Names Kimberly Rowell Executive Vice President of Five Star Hospitality; Affiliate Dream Capital Names Justin Patel Senior Associate, Investments and Asset Management

 

Kimberly Rowell 

 

ATLANTA, GA, Nov. 25, 2024—Officials of Five Star Group, a private commercial real estate investment, development and management firm focused on Southeastern hospitality projects, announced Kimberly Rowell has been named executive vice president of Five Star Hospitality Management. Rowell joined Five Star Group  in February 2023

 

Additionally, Dream Capital, Five Star’s affiliated full-service commercial real estate investment firm that sponsors and co-invests in projects across multiple states and segments, announced Justin Patel has been named senior associate, investments and asset management.

 

Kimberly Rowell, Vice President, Five Star Hospitality

 

Rowell has over 35 years of hospitality leadership. She is a Certified Hotel Administrator (CHA) and Certified Hotel Owner (CHO), Rowell also is a founding board member of the Extended Stay Lodging Association and an active advocate for Women Leading Hospitality.

Justin Patel

Justin Patel, Senior Associate, Investments and Asset Management, Dream Capital

 

                “Justin takes an insightful approach to project management, making him an invaluable member of the Dream Capital team as we continue to provide our investors with the opportunity to invest in both credit and equity investments in various asset classes in commercial real estate,” said Ankit Govan, managing principal and co-founder, Dream Capital. 

Ankit Govan,

 “We remain committed to pursuing acquisition and development opportunities with well-branded hotels such as Hilton and Marriott in markets with high barriers to entry.  With a wealth of asset management and investment experience, Justin is the ideal candidate to help us along the path.”

 

                Patel most recently was senior asset management analyst with Peachtree Group, where he asset managed more than 20 limited-, select- and full-service hotels across the nation and successfully assisted in 12 dispositions. Patel received his bachelor’s degree in finance from the University of Tennessee, Knoxville.

Contact:

  Chris Daly,

 chris@dalygray.com

 (703) 864-5553

Judge Realty Promotes Mandy Henderson to Sales Director

 

Mandy Henderson

 SAVANNAH, GA – Judge Realty – a leading commercial, residential and property management firm headquartered in Savannah, Ga. –promoted Mandy Henderson to Sales Director. In her new position, Henderson oversees residential and commercial real estate transactions at Judge Realty.

 

A licensed Realtor, Henderson originally joined Judge Realty in 2021 and excels at residential and commercial real estate. During her tenure at the firm, she has closed nearly 100 deals in areas including residential sales, commercial sales, landlord representation and tenant representation. Her commercial focus includes retail and office space throughout the greater Savannah area.

 Lori Judge

 

“Mandy is hard-working, loyal and passionate about Savannah’s real estate market,” said Lori Judge, founder and CEO of Judge Realty. “She serves as a valuable resource for Judge Realty’s commercial and residential clients.”

 

A Colorado native, Henderson attended Colorado Mesa University before transferring to the University of Georgia in 2017 to pursue a degree in Sport Management and a minor in Business. After moving to Savannah in 2021, she worked as a leasing agent. 

 

 

Contact:

 Allison Hersh

Capricorn Communications

912.441.1285

 pr@capricorncomm.com

 judgerealty.com