Monday, October 1, 2018

Julie Martin Barfield Named General Manager of Dual-Brand Courtyard by Marriott/Residence Inn Syracuse Downtown at Armory Square


Julie Martin Barfield


 SHELTON, CT -— Brian Wismar, regional vice president of New Castle Hotels & Resorts, a leading third-party hotel management company, owner and developer, announced that Julie Martin Barfield has been named general manager of the 180-room, dual-brand Courtyard by Marriott/Residence Inn Syracuse Downtown at Armory Square.

A career hotelier, Barfield most recently was the director of operations for the Sheraton Syracuse University Hotel and Conference Center.  Previously, she was the hotel’s director of finance.  Earlier in her career, Barfield was the general manager for the Courtyard by Marriott in East Syracuse.

“Julie brings an exceptional set of skills to this job.  She is a seasoned hotel executive with direct brand experience and she is a lifelong Syracuse resident who is passionate about sharing her hometown with visitors,” said Wismar. 

Brian Wismar

“She understands the intersection of solid business fundamentals and the people skills that make a hotel come to life. She is going to be a terrific leader for these hotels.”

“The Armory Square area is blossoming, and that’s in no small part to these hotels, which are a cornerstone of this neighborhood,” said Barfield. 

“We play a vital role in rolling out the welcome mat for visitors, and I see it as my personal mission to make sure that everyone knows about all that upstate New York has to offer.  

”We have a terrific team in place and I’m looking forward to learning from them and sharing my expertise to ensure that the success of these hotels continues.”


Armory Square Syracuse
Armory Square is a six-block planned city center boasting office and residential buildings and a thriving commercial/entertainment scene with more than two dozen bars and restaurants, the Museum of Science and Technology, the historic Landmark Theater and 20-plus stores, salons and boutiques.

            Courtyard by Marriott/Residence Inn Syracuse Downtown at Armory Square offers valet parking, complimentary WiFi throughout the hotel and features a shared lobby, pool and 1,400 square feet of meeting space.

The Bistro, a casual dining concept featuring flexible seating, quick, freshly prepared breakfast, light bites and cocktails, is a signature feature of the Courtyard by Marriott brand, along with the popular Go Board, a 55-inch touch screen offering local news, weather, flight information and more. 

 Guests of the Residence Inn are treated to the brand’s complimentary, daily breakfast and mid-week social gatherings, all designed to provide a sense of community for guests away from home.  

CONTACT:

Lauralee Dobbins
Write Touch Public Relations
856-979-8929


B+E Hires Two New Professionals

Kane Morris-Webster
                      Kane Morris-Webster joins B+E as Senior Director

TAMPA, Florida, Oct. 1, 2018 – B+E, the first tech-driven brokerage and trading platform for net lease real estate, today announced the hiring of Kane Morris-Webster as Senior Director.

“We are pleased to welcome Kane to B+E,” said Camille Renshaw, B+E CEO.  “She is an incredibly hard worker and strategic thinker and has worked on transactions ranging from raw land development to shopping center sales to net lease investments.  

"She is a senior player in Florida's investment market and a great addition to the national team that B+E is building.” 

Prior to joining B+E, Morris-Webster was Senior Director of the Investments and Capital Markets division at LandQwest Commercial.  Previously, she worked at Colliers International for over 15 years. 

Camille Renshaw

Morris-Webster is the incoming Chair for Florida's International Council of Shopping Centers (ICSC) Florida Idea Exchange Conference.  She is a past State CCIM President for Florida and remains active in the organization.  She is also active in her community with many different charitable organizations.  

She holds a Bachelor of Arts degree in finance from the University of Florida --Warrington College of Business.



Hayden Salvas
Hayden Salvas joins B+E as an Analyst

SAN FRANCISCO,  CA, Oct. 1,  2018 – B+E, the first tech-driven brokerage and trading platform for net lease real estate, today announced the hiring of Hayden Salvas as an Analyst.

In his role, he will support the brokerage team in lead production, pricing, marketing and closing; conduct market research and tenant analysis; produce internal reports on different asset types and keep his team apprised on industry news and trends.

Hayden had previously worked at Sansome Pacific Properties where he was involved with abstracting purchase/sale agreements and single tenant leases; research; database management; property management and due diligence.

Salvas holds a Bachelor’s degree in Business Administration, with a concentration in finance, from Cal Poly San Luis Obispo.

 Contact:

John Vita
John Steven Vita Communications
847/853-8283

Sunday, September 30, 2018

Charles Wayne Properties Acquires Five-Building Industrial / Flex Property for $9.55 Million in Seminole County , FL


Monroe CommerCenter South, Sanford, FL
Daytona Beach, FL and Sanford , FL -- Charles Wayne Properties, Inc. recently completed the $9.55 Million purchase of Monroe CommerCenter South, a five-building industrial / flex campus on 8.49 acres located minutes from Interstate 4 in north Seminole County.

Ted Lightman
The five, single-story, industrial warehouse, showroom and flex buildings with a total of 116,500 rentable square feet, expands Charles Wayne Properties’ portfolio holdings in the Orlando market to more than 300,000 square feet. 

The five buildings are located at 627-655 Progress Way , 663-691 Progress Way , 703-739 Progress Way , 4141-4186 Incubator Court and 4140 Flex Court . 

Ted Lightman, Principal, said Monroe CommerCenter South is a natural addition to his firm’s other Orlando-area investments, which include Lake Mary’s Primera Court I & II Class A office buildings; Sanlando Commerce Center in Altamonte Springs; and the University Court office building near the University of Central Florida. 

Ron Rogg
“We saw an opportunity in Monroe CommerCenter South to leverage increased industrial demand fueled by increased new residential and retail development in the market, particularly in north Seminole and nearby DeBary in southwest Volusia County ,” said Lightman.  

CBRE’s Ron Rogg and Chip Wooten represented Monroe South RE LLC, the Miami-based seller.

“Selling Monroe CommerCenter South was a highly competitive process, which speaks to the strength of the industrial market and growing economy in central Florida ,” said Rogg, CBRE Executive Vice President.  “Charles Wayne was an ideal buyer, having a great track record in the market, and a reputation for closing on deals they target,” said Rogg.

Monroe CommerCenter South features office and warehouse space with grade-level rollup doors, appealing to a wide variety of tenants. The property is currently leased to a diverse and noteworthy tenant base in various industries, including services, suppliers, construction and technology, among others.

Chip Wooten
 Built in 2003, it was one of five similar “CommerCenters” developed by Small Bay Partners and NAI Realvest throughout Central Florida to meet the need by industrial users of 2,000 to 20,000 square feet. 

Charles Wayne Investment Management, LLC will handle asset and investment management functions for the property and its investors.  The NAI Realvest team headed by Principal Michael Heidrich will continue to handle leasing for the new ownership.  Charles Wayne and NAI Realvest are affiliated in this and certain other real estate ventures. 

Lightman added that Charles Wayne Properties continues to actively seek more expansion of its   commercial holdings in the Orlando market, which has led the country in job growth at 3.5% year-over-year.  Employment growth is projected to average 2.1% a year through 2023, according to Moody’s Analytics, almost 3 times faster than the national average projections of 0.8% annually.

Michael Heidrich

 CONTACTS:

Ted Lightman, Principal, Charles Wayne Properties, Inc.
386-506-0028 or 407-729-0813 tlightman@charleswayne.com

Michael Heidrich, Principal, NAI Realvest,
407-875-9989 Mheidrich@realvest.com

Patrick Mahoney, President, NAI Realvest,
407-949-0721 Pmahoney@realvest.com




Ron Rogg, CCIM, Executive Vice President, CBRE | Capital Markets,
407-404-5101 Ron.Rogg@cbre.com

Beth Payan, Larry Vershel Communications,
 407-644 4142 Beth@LarryVershel.com


HFF announces $8.3 million sale of mission-critical industrial facility near Columbus, OH


Robin Stolberg
CHICAGO, IL –– Holliday Fenoglio Fowler, L.P. (HFF) announces the $8.3 million sale of a recently expanded, long-term leased, single-tenant 157,810-square-foot mission-critical industrial facility in the Columbus-area community of Delaware, Ohio.

The HFF team marketed the property for the seller, Agracel.  Gladstone Commercial Corporation purchased the asset. 

The building serves as the company headquarters and primary manufacturing facility for Acoust-A-Fiber, which manufactures acoustic, thermal management lightweight solutions for the automotive industry.

  Situated on 14.7 acres at 759 Pittsburgh Drive, the building is 28 miles from downtown Columbus and 13 miles from Interstate 270, which provides easy access to Interstates 70 and 71 and the entire Midwest.

Kurt Sarbaugh
The HFF investment advisory team representing the seller included senior directors Robin Stolberg and Kurt Sarbaugh along with director Nick Foster, senior director Ken Martin and analyst Sam Berry.

Agracel, Inc is an industrial development company headquartered in Effingham, Illinois with offices in Jackson, Mississippi; Nashville, Tennessee; Columbus, Ohio; and Greenville, South Carolina.

  Over the past 32 years, the company has focused exclusively on partnering with non-urban communities to facilitate job creation and to be a value-added development partner. 

Agracel provides an array of development services such as site selection, build-to-suit turnkey, build-to-suit leasebacks and acquisition leasebacks. 

Nick Foster
Gladstone Commercial Corporation is a publicly traded REIT (NASDAQ: GOOD) that invests in single tenant and anchored multi-tenant net leased industrial and office properties.

 Gladstone invests in properties located in primary and secondary growth markets that possess favorable economic growth trends, diversified industries, growing populations, and strong employment that are leased to credit tenants. 

Gladstone also may invest alongside developers in build-to-suit transactions as well as expansion projects on owned assets.  Gladstone has a track record of success, as exhibited by a history of strong distribution yields, consistent occupancy greater than 96 percent and 10+ years of paying continuous monthly cash distributions. 

More information about Gladstone Commercial can be found at www.gladstonecommercial.com.


CONTACTS:

ROBIN STOLBERG
HFF Senior Director
(312) 528-3650

KURT SARBAUGH
HFF Senior Director
(312) 528-3650

KIMBERLY STEELE
HFF Digital Content/Public Relations Specialist
(713) 852-3420

RIVERGATE KW RESIDENTIAL Adds Major Talent to Support Aggressively Growing Portfolio



Marcie Williams

MIAMI, FL and CHARLOTTE, NC –- RIVERGATE KW RESIDENTIAL, a leading multifamily property management company, keeps recruiting top industry talent to strengthen its teams in Florida and the Carolinas.

Armando Vieira

As the company’s portfolio of units under management continues to expand rapidly, RKW has added two new regional managers and experienced marketing professionals in both regions.  

Michelle O'Brien

In Florida, Armando Vieira has joined RKW as Regional Manager. Michelle O’Brien is taking on the same role in the Carolinas.

 On the marketing side, Sarah Randolph is on board as Digital Marketing Manager, while Cynthia Blanco is the new Marketing Manager for Florida and Georgia.

Sarah Randolph

“These four individuals arrive with substantial experience and impeccable industry reputations,” said Marcie Williams, president of RIVERGATE KW RESIDENTIAL.

“We know they will add tremendous value to our operations and marketing teams. Our growth as a company is allowing us to strategically enhance our leadership with talented and dedicated professionals.”

RKW has enjoyed a banner year with numerous portfolio additions, including the Ashton Reserve at Northlake in Charlotte, new lease-up Arlo and the Eastover Ridge Apartments near Charlotte’s Uptown neighborhood and the brand-new CIRC Residences at Hollywood Circle in Hollywood, Fla.

Cynthia Blanco

The company now manages more than 13,000 multifamily units and was recognized in the Charlotte Business Journal’s annual list of the largest property management companies in the area for the first time in its four-year history.

Based in Miami, Vieira brings nearly two decades of multifamily experience to RKW. Before joining the company, he spent 14 years at Gables Residential – most recently serving as Regional Manager.

O’Brien is based in Charlotte and has a decade of industry experience. She previously held the Regional Director position at WRH Realty Services.

Randolph and Blanco bring a combined 15 years of marketing experience to RKW. Randolph is versed in all aspects of digital marketing, while Blanco specializes in high-impact marketing campaigns and communications strategy.

 For more information, visit www.rkwresidential.com.

 CONTACT:

Eric Kalis
Account Director, BoardroomPR
O 954-370-8999
C 305-794-5123
Bank of America Plaza | 1776 N Pine Island Road


HFF announces sale of grocery-anchored retail center in Davenport, Iowa

Kimberly West Shopping Center, Davenport, IA

CHICAGO, IL – – Holliday Fenoglio Fowler, L.P. (HFF) announces the sale of Kimberly West Shopping Center, a 113,713-square-foot shopping center anchored by Hy-Vee in the Quad City of Davenport, Iowa.

The HFF team marketed the property on behalf of the seller, Brixmor Property Group.  Equity Investment Group purchased the asset.

Amy Sands
Kimberly West Shopping Center is anchored by Hy-Vee, the No. 1 market-share grocer in Iowa.  The 87.8-percent-leased center is also home to an internet-resistant tenant lineup, including Great Clips, Tony’s Chicago Style Pizzeria, Rent-A-Center, Citizens Finance Co., Amana Medical Care and Lily Massage. 

Situated on 15.6 acres at 2142 West Kimberly Road in Davenport the hub of the metropolitan Quad Cities and located halfway between Chicago and Des Moines.

Clinton Mitchell
 Kimberly West Shopping Center is along the Kimberly Road Corridor, Davenport’s dominant retail corridor, and is visible to approximately 22,400 vehicles per day. 

 About 75,000 residents live within a three-mile radius of the center, which is 2.5 miles from Macerich NorthPark Mall, the third largest mall in Iowa.

The HFF investment advisory team representing the seller included senior directors Amy Sands and Clinton Mitchell along with managing director Jules Sherwood, a licensed Iowa real estate broker.

About Brixmor Property Group
Brixmor (NYSE: BRX) is a real estate investment trust (REIT) that owns and operates a high-quality, national portfolio of open-air shopping centers.  

Its 471 retail centers comprise approximately 80 million square feet of prime retail space in established trade areas.  

The company strives to own and operate shopping centers that reflect Brixmor's vision "to be the center of the communities we serve" and are home to a diverse mix of thriving national, regional and local retailers.  

Jules Sherwood
Equity Investment Group, Inc., with its affiliates, is a diversified, private investment and holding company with three decades of successfully investing in and managing commercial real estate and operating businesses. 

EIG was founded by its President and CEO, George Huber.  

Visit http://www.equityinvestmentgroup.com for more information.


CONTACTS:

AMY SANDS
IL Lic. #475.138622
HFF Senior Director
(312) 528-3650

CLINTON MITCHELL
HFF Senior Director
(312) 528-3650

JULES SHERWOOD
IA Lic. #B64080000
HFF Managing Director
(303) 515-8000

KIMBERLY STEELE
HFF Digital Content/Public Relations Specialist
(713) 852-3420

HFF announces sale of suburban New York and Philadelphia medical office buildings totaling $34.4 million on behalf of a global investment advisor


Crozer-Keystone Medical Office and Surgery Center,
 2010 and 2050 West Chester Pike, Havertown, PA

Ben Appel
NEW YORK, NY and PHILADELPHIA, PA Holliday Fenoglio Fowler, L.P. (HFF) announces the $34.4 million sale of two hospital and surgery center-anchored medical office buildings (MOBs) in New York and Philadelphia totaling 107,536 square feet on behalf of a global investment advisor. 


The properties are: Crozer-Keystone Medical Office and Surgery Center in Havertown, Pennsylvania; and Caremount Medical Imaging and Surgery Center in Mount Kisco, Westchester County, New York


The HFF team marketed the property on behalf of the seller in a process that yielded nine offers, and sold the assets to two separate buyers, Anchor Health Properties and Hammes Partners. 


Jose Cruz


The Crozer-Keystone Medical Office and Surgery Center comprises two buildings totaling 68,737 square feet located on a larger healthcare campus.  The 92.5-percent-leased facility is anchored by Crozer-Keystone Health System. 

 The 2.28-acre site is situated at 2010 and 2050 West Chester Pike in the suburban Philadelphia community of Havertown.  This campus has excellent visibility on Route 3, immediate access to 476, and is proximate to Interstates 76 and 95, the Pennsylvania Turnpike and U.S. Route 1, making the property highly accessible by patients throughout the region. 

The CareMount MOB is located at 34 South Bedford Road in Westchester County, New York.  The property is adjacent to and has affiliations with Northwell Health’s 174-bed Northern Westchester Hospital.  CareMount Medical occupies the entire 38,799-square-foot facility under a recently extended long-term lease.


Evan Kovac
The HFF investment advisory team representing the seller consisted of senior director Ben Appel, senior managing director Jose Cruz, managing director Evan Kovac and associate Matt DiCesare along with senior managing director Andrew Scandalios.

“CareMount is the largest private multi-specialty physician group in the state of New York,” Appel states.  

“Extremely well capitalized and highly profitable, CareMount is a stable anchor tenant,” Cruz added. “The property sits within CareMount’s largest geographic concentration of outpatient facilities, which help to drive high patient volumes at the MOB.”  

“The wide array of medical services offered at the Crozer-Keystone Medical Office and Surgery Center provide a strong and consistent back and forth referral pattern leading to high patient volume,” Appel said.

 “Services include general surgery, radiation oncology, anesthesiology, ENT, gynecology, pain management, orthodontics, orthopedics, plastic surgery, podiatry, urology, ophthalmology, lab and gastroenterology.” 
  

Anchor Health Properties (“Anchor”) is a national, full-service healthcare real estate development, management and acquisitions company focused exclusively on medical facilities.  


Anchor takes a strategic approach to navigating the extremely competitive healthcare marketplace, considering multiple angles, such as retail drivers, customer experience, branding and efficiency of the project.  

Matt DiCesare
The company develops and manages projects across the United States that respond to the new landscape of employed physicians, team-based care, the need to optimize assets and reduce duplication, and the integration of care and technology.  Healthcare today calls not only for new and more efficient ways of delivering outpatient services, but also a different kind of healthcare development and management company.  

For more information, please visit: www.anchorhealthproperties.com.


Hammes Partners is a private equity platform that invests on behalf of institutional investors, with an exclusive focus on the U.S. healthcare real estate market.  Hammes Partners leverages deep industry experience and relationships built over 20 years advising healthcare provider clients as well as developing and managing healthcare facilities.  


Andrew Scandalios
Since 2001, Hammes Partners and affiliates have utilized their position in the healthcare industry to source and deliver attractive investment opportunities throughout economic cycles.


CONTACTS:

BEN APPEL
PA Lic. #RS312185
HFF Senior Director
(412) 281-8714

JOSE CRUZ
HFF Senior Managing Director
(973) 549-2000

ANDREW SCANDALIOS
NY Lic. #10331200140
HFF Senior Managing Director
(212) 245-2425

KRISTEN MURPHY
HFF Director, Public Relations
(617) 848-1572