Stream Realty Partners Expands Florida Footprint with the Hiring of Industry Veterans Steve Medwin and Nick Wigoda

Blake Kendrick

MIAMI, FL – Jan. 15, 2024 – Stream Realty Partners, a national commercial real estate firm offering an integrated platform of services, announces the addition of Steve Medwin, SIOR, CCIM, and Nick Wigoda, SIOR, as Managing Directors & Executive Vice Presidents in South Florida.

 Bringing over five decades of combined experience, Medwin and Wigoda have a proven track record of representing institutional owners, investors, and occupiers in the industrial real estate sector. 

Having worked together since 2008, they have completed over two billion dollars in transactions, earning a reputation for delivering innovative and strategic solutions that address the complex needs of industrial real estate clients.

 Steve Medwin

“Adding Steve and Nick to the Stream team represents our commitment to Florida and our ambition to be a dominant force in the region,” said Blake Kendrick, Chief Operating Officer at Stream. 

“Their expertise and entrepreneurial approach align perfectly with our vision to bring exceptional value to our clients. We look forward to having them drive Stream’s industrial platform in South Florida and beyond.”

 

With over 30 years of experience in industrial real estate, Medwin is a leading specialist in representing owners, investors, and occupiers of commercial real estate. Medwin has completed over 1,000 transactions across 25 states, covering millions of square feet and totaling more than $2 billion in value. His expertise includes landlord and tenant representation, land sales, investment sales, and ground-up development.

Nick Wigoda

“Our clients are Stream’s clients,” said Medwin. “The transition to Stream allows us to enhance the value we bring to institutional owners and investors, leveraging Stream’s robust platform and entrepreneurial mindset to identify and source opportunities, particularly off-market acquisitions and development. We are proud to join a company that was born as an industrial platform and shares our commitment to creating lasting relationships.” 

 Wigoda brings 22 years of experience representing top REITs, private equity firms, and corporate occupiers in South Florida and nationally.

 He specializes in commercial sales and leasing transactions, including industrial investment and development strategies, and has advised clients across industries such as food products, logistics, aviation, and manufacturing.

 

“Stream’s agility and innovative approach make it the ideal environment for us to better serve our clients,” said Wigoda. “Florida is experiencing incredible momentum, and we are thrilled to contribute to Stream’s growth in the region. The value Stream creates for its clients through its nimble and collaborative strategies is unmatched, and we are honored to be a part of it.”

 

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.”

 

SkyREM refinances 2.5-million SF industrial portfolio with $170 million loan; JLL Capital Markets arranges financing

 

SkyREM industrial portfolio in Northeast, Southeast and Midwest regions of the United States.

Peter Rotchford

NEW YORK CITY, NY – JLL Capital Markets has arranged $170 million in financing for the SkyREM Industrial Portfolio, a 10-building collection of primarily industrial and warehouse distribution assets located across the Northeast, Southeast and Midwest regions of the United States.

 JLL represented the borrower, SkyREM, to secure the fixed-rate, five-year loan from affiliates of Apoll

Totaling approximately 2.5 million square feet, the portfolio is spread across highly sought-after markets located throughout seven states. The properties benefit from strong labor markets, low unemployment rates and positive population growth trends.

 

Steven Binswanger

At closing, the properties were 99% leased to 15 diverse tenants across a variety of industries, including technology, manufacturing, warehousing, logistics, aerospace and government.

 

Many tenants have long histories at the properties, ranging from one to 20+ years, with an average tenure of approximately eight years.

 

The JLL Debt Advisory team included Senior Managing Directors Peter Rotchford and Steven Binswanger, Executive Managing Director Riaz Cassum and Senior Director Lucas Borges.

Despite a national pullback in industrial leasing since the pandemic highs, the Logistics & Parcel Delivery industry was a top performer in the sector this year, driven in large part by increased Asian 3PL demand.

Riaz Cassum 

In New Jersey, leasing volume in Q3 2024 came in at the second greatest level of all time, tallying 14 million square feet.

 

About SkyREM, LLC

SkyREM, with offices in Philadelphia and in New York City, is a privately funded and managed real estate company which owns and operates a large, diversified portfolio of properties in the United States. 

As a principal for its own account, Sky is actively acquiring throughout the United States. To learn more about SkyREM please contact Marc Civitillo or James Pancetti at 212-888-6920, or visit www.skyrem.com.

 

For more news, videos and research resources, visit JLL’s newsroom. (JLL.com)

 

 Lucas Borges

CONTACT:

Grace Lewis

PR, Capital Markets

2401 Cedar Springs Rd.

Dallas, Texas 75201

M +1 903 520 3478