Showing posts with label Clearwater. Show all posts
Showing posts with label Clearwater. Show all posts

Monday, June 4, 2012

EmCare, Fast-Growing Provider of Physician Services for Hospitals, Doubles Office Space in Clearwater, FL



 CLEARWATER, FL (June 4, 2012) –EmCare, a fast-growing provider of hospital-based physician services, is doubling its Clearwater office space. Currently at 128 employees in its Clearwater office, EmCare is expanding its 18,000± square-foot space to 37,796 square feet.

Alan Feldshue (top left photo), Managing Director of Office Services, and Melanie Jackson (top right photo), Senior Associate of Office Services for Colliers International Tampa Bay represented the landlord, AHC Metro Harbourside, in the lease expansion.

 Mike Sharapata, John Ruskin and Chris Butler of Jones Lang LaSalle represented EmCare.

“This was a great opportunity for EmCare to grow at its current Class A location,” said Feldshue. “With the building’s new common area improvements underway, the recently added on-site cafĂ© and the well-capitalized position of the building’s ownership, EmCare made the decision to simply expand the current space instead of moving to another building.”  

EmCare contracts with more than 500 hospitals across the U.S. that outsource clinical department staffing and related services, and provides the hospitals with physicians and other clinicians for emergency rooms, inpatient services, operating rooms, and radiology.

Clinicians affiliated with EmCare have the opportunity to work in a mix of assignments in more than 40 states and are provided with administrative support to allow them to focus on their patients. The Clearwater offices provide support services to those facilities and practices.

“When our current Clearwater building presented an opportunity to expand on two floors, we decided to take advantage because of the location of the building and available parking,” said Terry Meadows (lower right photo), M.D., CEO of EmCare’s South Division. “Our need to expand is due to growth we are experiencing both organically and through acquisition.”

Harbourside is owned by The AHC Private Equity Real Estate Funds, a unit of Arthur Hill & Co., LLC, based out of Chicago, IL. “All AHC Fund buildings are managed to deliver a preferred environment for our valued tenants and we believe this mission was realized by EmCare’s expansion,” said Rob Gilbert, Director of Asset Management for AHC.

Located at 18167 U.S. 19 in Clearwater, the 153,586-square-foot Harbourside building is now 82 percent occupied.

Contact:      

 Kyle Parks
Bayview Public Relations
(727) 895-5030, ext. 101 (office)
(813) 352-1325 (cell)



Monday, April 30, 2012

Marcus & Millichap Announces Sale of Westbridge Apts. in Clearwater, FL

                                             
               
CLEARWATER, FL,  April 30, 2012 – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has announced the sale of Westbridge Apartments (top left photo), a 12- unit apartment property located in Clearwater, Florida, according to Bryn D. Merrey, vice president and regional manager of the firm’s Tampa office. The asset commanded a sales price of $370,500.

Michael Donaldson (middle right photo), a multifamily associate in Marcus & Millichap’s Tampa office had the exclusive listing to market the property on behalf of the seller, a financial institution.  The buyer, a local private investor, was also secured and represented by Donaldson.

“This transaction represents another example of the improving market conditions for the multifamily industry, as Westbridge fetched a higher price point than similar foreclosed apartments that have recently sold” comments Donaldson.

“The asset is situated in a desirable location close to downtown Clearwater and the beaches and was close to being fully stabilized.  The property also featured unique amenities and was parceled separately for condominiums.  These are all qualities that attracted substantial interest from buyers” adds Donaldson.

Westbridge Apartments was built in 1966 and is located at 700 South Betty Lane.

Press Contact:  Bryn D. Merrey, Vice President/Regional Manager, Tampa
(813) 387-4700

Thursday, April 26, 2012

Marcus & Millichap Announces Sale of Oak Creek Apartments in Clearwater, FL for $8.8 Million



CLEARWATER, FL– Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has announced the sale of Oak Creek (top left photo), a 165,600-square foot multifamily property located in Clearwater, Fla., according to Bryn D. Merrey, vice president and regional manager of the firm’s Tampa office.

The asset commanded a sales price of $8,800,000.

Michael P. Regan (middle right photo), a vice president investments and Francesco P. Carriera (middle left photo), associate vice president investments in Marcus & Millichap’s Tampa office, had the exclusive listing to market the property on behalf of the seller, a private investor.

 The buyer, a private investor, was also exclusively secured and represented by Michael P. Regan and Francesco P. Carriera.

Oak Creek was built in 1984 and is located at 2175 62nd Street North.  The property consists of seventeen, two-story buildings and is comprised of 184 two-bedroom/two-bath units with 900 rentable square feet. Amenities include three on-site laundry facilities, ample on-site parking, a playground and a swimming pool.

“This transaction represents why we are back to some level of normalcy in multifamily commercial real estate” says Carriera.  “This property underwent a significant renovation over the last couple of years and was stabilized at 96 percent occupancy at the time of sale.  The buyer was a private entity and this was their first multifamily acquisition.  They were able to receive financing in the amount of 80 percent LTV with favorable rate and terms.”

“This sale proves that the investor pool for stabilized “B” class product remains strong” adds Regan.

 Press Contact:  Bryn D. Merrey, Vice President/Regional Manager, Tampa, FL, (813) 387-4700

Sunday, March 18, 2012

Grubb & Ellis Selected to Lease and Sell 197,000 SF Office Property in Clearwater, FL



TAMPA, FL– Grubb & Ellis Company today announced that it has been selected as the leasing and sales agent for Centerpointe (top left photo), a 197,000-square-foot office property located at 16120 U.S. 19 North in Clearwater, Fla.

 Tom Kennedy (middle right photo), CCIM, vice president with Grubb & Ellis’ Office Group, will handle the marketing of the property.

The two-story, Class B property is strategically located on U.S. 19 in the heart of Pinellas County, providing easy access to both downtown Tampa and St. Petersburg as well as area airports.

 The property features 100,000-square-foot floor plates, fiber-optic capabilities and a 5.7 parking ratio, making it ideal for contact centers, shared services, business-process outsourcing, financial management, transaction processing or educational uses.

Amenities within walking distance of the building include restaurants, hotels and retail shopping. 

 Centerpointe is offering competitive lease rates of $10 per square foot, full service gross, and is being marketed for sale at a price of $6.5 million.

 For more information, please contact Tom Kennedy at 813.830.7892, tom.kennedy@grubb-ellis.com.

 Contacts:
       
 Monica Sparreo                     
312.698.6709             
monica.sparreo@grubb-ellis.com                  

 Karla Berkelhammer
407.481.5404