LONGWOOD, FL, Feb. 1, 2010 — Longwood, Fla.-based D & A Building Services Inc. announced today a new contract for facility maintenance services at the new headquarters of International Speedway Corp (centered photo below). located in Daytona Beach, Fla.
Under the terms of its contract with property management company, Jones Lang LaSalle (NYSE:JLL), D & A is proving full-service janitorial and carpet cleaning services daily at the eight-story, 177,000-square-foot building.
Since the1990s, D & A has provided facility maintenance services to the property management division of Jones Lang LaSalle, and currently performs at six properties.
D & A Building Services Inc. is a privately owned facility maintenance provider founded in 1985. Headquartered in Longwood, Fla., full service offices are located in Jacksonville, Fla., Tampa, Fla., Kansas City, Mo., Madison, Wis., Dallas, Texas, and Detroit, Mich.
Services are provided by a staff of 650 to property managers, building owners, and local and state governments, Federal agents and the military. The veteran-owned company is an Hispanic-Owned Business Enterprise, and a graduate of the Small Business Administration’s 8(a) program. For additional information, please visit www.dabuildingservices.com.
PR Contact: Elaine Ingra, (407) 384-1344 elainei@pr-works.com
Monday, February 1, 2010
Stan Johnson Co. Completes Sale of Two Chicago Area Walgreens for $8.5M
CHICAGO, IL, Feb. 1, 2010 – Stan Johnson Company, one of the nation’s premier net lease brokerage firms, has completed the sale of two 14,490-square-foot retail stores 100% leased to Walgreens located in St. Charles and South Elgin, to an Arizona-based institutional investor for $8.5 million.
Gill Warner (top right photo) of Stan Johnson Company represented the seller, an Illinois-based retail developer as well as the buyer.
“Two long-term leased Walgreens located in the Chicago area near Walgreens headquarters are a great investment,” said Warner. “Both stores had great store sales.”
Stan Johnson Company is one of the nation’s leading commercial real estate brokerage and advisory firms.
Our net lease group is the largest team of professionals focused exclusively on the acquisition, disposition, and financing of net leased real estate.
Building on our 20 plus year foundation in the single tenant net lease industry, completing more than $8 Billion in transactions nationwide, Stan Johnson Company is aligned for continued growth.
A dynamic team approach, refined marketing processes and a foundation built on integrity, professionalism and relationships create a winning combination enabling the firm to consistently deliver quality service and superior results to each unique client.
Contact: David Ebeling, Ebeling Communications, (949) 278-7851, david@ebelingcomm.com
Gill Warner (top right photo) of Stan Johnson Company represented the seller, an Illinois-based retail developer as well as the buyer.
“Two long-term leased Walgreens located in the Chicago area near Walgreens headquarters are a great investment,” said Warner. “Both stores had great store sales.”
Stan Johnson Company is one of the nation’s leading commercial real estate brokerage and advisory firms.
Our net lease group is the largest team of professionals focused exclusively on the acquisition, disposition, and financing of net leased real estate.
Building on our 20 plus year foundation in the single tenant net lease industry, completing more than $8 Billion in transactions nationwide, Stan Johnson Company is aligned for continued growth.
A dynamic team approach, refined marketing processes and a foundation built on integrity, professionalism and relationships create a winning combination enabling the firm to consistently deliver quality service and superior results to each unique client.
Contact: David Ebeling, Ebeling Communications, (949) 278-7851, david@ebelingcomm.com
Wilson Commercial Real Estate Completes Acquisition of Bank of America Plaza in St. Louis, MO for $47.85M
ST. LOUIS, MO – FEBRUARY 1, 2010 – Wilson Commercial Real Estate, one of Southern California’s leading brokerage firms, has represented a Los Angeles-based private investor in the $47,850,000 acquisition of Bank of America Plaza, (centered photo below) a 30-story 749,857-square-foot Class A Trophy office building located in St. Louis, MO.
Geoff Tranchina (middle right photo) and Scott Tiano (middle left photo) of Wilson Commercial Real Estate’s Investment Sales Group represented the buyer in the transaction.
“Although the property was previously on the market, we were able to bring an unsolicited offer to the seller that was acceptable to their executive team,” said Tranchina.
“In this environment, the most difficult aspect of getting an investment deal done is confidence with both parties. Buyers are concerned that the asset will be worth less in a week, and sellers are concerned that the property is being sold for too little.”
Tranchina went on to say that until pricing stabilizes in the broader marketplace, buyers will have to be able to effectively underwrite with limited comparable sales data to draw from with the belief that their assumptions are correct.
Located in the heart of the St. Louis commercial business district, Bank of America Plaza is 90 percent occupied by several national tenants including Bank of America, Price Waterhouse Coopers, and Ralcorp Holdings.
The property features unobstructed panoramic views of the Gateway Arch, the Mississippi River and the City skyline and provides an unmatched amenity base inclusive of an on-site Bank of America retail branch, a full service cafeteria and covered access to the connected parking structure.
Geoff Tranchina and Scott Tiano, principals of Wilson Commercial Real Estate’s Investment Sales Group, closed more than $80 million in commercial investment sales in 2009. Tranchina and Tiano will focus in 2010 on conducting privately negotiated transactions between institutional sellers and professional, private investors.
Founded in 1990, Wilson Commercial Real Estate is has leased and sold over 6 million square feet of retail space with an aggregate consideration of more than $1 billion.
The company currently represents more than 8 million square feet of retail space in approximately 90 properties throughout West Coast. In 2008, Wilson Commercial Real Estate formed an Investment Sales Group that provides a complete range of investment sales services for their clients’ acquisition and disposition requirements.
For more information, please visit www.wcre.net / or call 800-630-4424.
Contact: David Ebeling, Ebeling Communications, (949) 278-7851, david@ebelingcomm.com
Geoff Tranchina (middle right photo) and Scott Tiano (middle left photo) of Wilson Commercial Real Estate’s Investment Sales Group represented the buyer in the transaction.
“Although the property was previously on the market, we were able to bring an unsolicited offer to the seller that was acceptable to their executive team,” said Tranchina.
“In this environment, the most difficult aspect of getting an investment deal done is confidence with both parties. Buyers are concerned that the asset will be worth less in a week, and sellers are concerned that the property is being sold for too little.”
Tranchina went on to say that until pricing stabilizes in the broader marketplace, buyers will have to be able to effectively underwrite with limited comparable sales data to draw from with the belief that their assumptions are correct.
Located in the heart of the St. Louis commercial business district, Bank of America Plaza is 90 percent occupied by several national tenants including Bank of America, Price Waterhouse Coopers, and Ralcorp Holdings.
The property features unobstructed panoramic views of the Gateway Arch, the Mississippi River and the City skyline and provides an unmatched amenity base inclusive of an on-site Bank of America retail branch, a full service cafeteria and covered access to the connected parking structure.
Geoff Tranchina and Scott Tiano, principals of Wilson Commercial Real Estate’s Investment Sales Group, closed more than $80 million in commercial investment sales in 2009. Tranchina and Tiano will focus in 2010 on conducting privately negotiated transactions between institutional sellers and professional, private investors.
Founded in 1990, Wilson Commercial Real Estate is has leased and sold over 6 million square feet of retail space with an aggregate consideration of more than $1 billion.
The company currently represents more than 8 million square feet of retail space in approximately 90 properties throughout West Coast. In 2008, Wilson Commercial Real Estate formed an Investment Sales Group that provides a complete range of investment sales services for their clients’ acquisition and disposition requirements.
For more information, please visit www.wcre.net / or call 800-630-4424.
Contact: David Ebeling, Ebeling Communications, (949) 278-7851, david@ebelingcomm.com
Marcus & Millichap Sells 1,425-SF Single-Tenant Net-Leased Building in Pinellas Park, FL

PINELLAS PARK, FL, February 1, 2010 – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has announced the sale of Church's Chicken Corporate Store (top left photo), a 1,425-square foot single-tenant net-leased property located in Pinellas Park, Florida, according to Bryn D. Merrey, Regional Manager of the firm’s Tampa office.
The asset commanded a sales price of $615,000.
Ron Schultz (middle right photo) investment specialist and John E. Brigel, (bottom left photo) senior investment specialist in Marcus & Millichap’s Tampa office, had the exclusive listing to market the property on behalf of the seller, a limited liability company.
The buyer, a private investor, was secured and represented by Paul A. Bitonti, vice president investments and Brenton J. Baskin, investment specialist in the firm’s Newport Beach office.
“Using the Marcus & Millichap national platform, we were able to bring the highest price and best terms to the closing table for the seller” said Schultz.
“The seller originally built and operated this location which he transitioned into a corporate training store. Shortly before the expiration of the original 20-year lease term, we assisted the seller in negotiating a new lease structure with Church’s Chicken Corporation as a new guarantor.
“Because of Marcus & Millichap’s national, regional, and local cooperation, we attained the highest price, best terms and fastest closing for the seller, despite the current temperature of the economy and perceived reluctance in the market. The seller is now retired and enjoying the results of this transaction
Press Contact: Bryn D. Merrey, Regional Manager, Tampa, (813) 387-4700
Warnick + Company Named Asset Manager of Montelucia Resort in Paradise Valley, AZ
PHOENIX, AZ, Feb. 1, 2010—Warnick + Company today announced it has been appointed asset manager of the 293-room luxury Montelucia Resort (centered photo below) in Paradise Valley, Ariz., by the property’s lender, a bank consortia led by Eurohypo AG, one of the world’s preeminent commercial banks.
Operated by InterContinental Hotels Group, the luxury resort includes a 31,000-square foot spa, four restaurants, 27,000 square feet of meeting space, and 34 for-sale residential villas serviced by the resort. It opened in the fall of 2008 at a cost of approximately $330 million.
“Effective asset management is even more critical in these troubled times,” said Richard Warnick, (middle right photo) president of Warnick + Company. “Having worked successfully through many cyclical downturns, our team has the necessary experience and in-depth expertise to work with lenders, owners, and operators to optimize their return on investment.
“Germany-based Eurohypo has been one of the most active lenders in high-end real estate, including hotels," says Warnick.
" Our role will be to help stabilize the Montelucia and help position it as one of the preeminent resorts in the highly competitive Phoenix/Scottsdale market. We also will oversee the sale of the unsold villa units, and work with Eurohypo on the ultimate disposition of the resort through Eastdil Secured, its investment sale broker.
Warnick + Company currently asset manages over 20 hotels and resorts in the U.S. (including Hawaii), Japan, and South Korea, including such properties as the 350-room Hyatt Regency Tamaya Resort & Spa near Santa Fe, N.Mex., the 1,000-room Sheraton Phoenix in Phoenix, Ariz., and the 800-room Hilton Austin in Austin, Texas.
“Based on current market conditions, we expect to double our asset management portfolio in the next three years,” Warnick added. “We have more than 350 years of combined industry experience to assist lenders and owners, as well as real-world, hands-on experience and a perspective honed through every economic cycle dating back to the early 1970s.
“The next few years will be difficult, but there are solutions available,” Warnick noted. “We’ve been there before and know how to protect assets and optimize cash flow and value under any set of circumstances.”
Warnick + Company (www.warnickco.com) is a strategic advisory firm that creates opportunities and value-enhancing solutions in lodging and recreational real estate for clients worldwide. The firm is known for its ability to deliver high-impact results through its multi-disciplinary expertise, real-world perspective, and hands-on experience.
Contact: Jerry Daly, Chris Daly, Daly Gray, (703) 435-6293, jerry@dalygray.com, chris@dalygray.com
Operated by InterContinental Hotels Group, the luxury resort includes a 31,000-square foot spa, four restaurants, 27,000 square feet of meeting space, and 34 for-sale residential villas serviced by the resort. It opened in the fall of 2008 at a cost of approximately $330 million.
“Effective asset management is even more critical in these troubled times,” said Richard Warnick, (middle right photo) president of Warnick + Company. “Having worked successfully through many cyclical downturns, our team has the necessary experience and in-depth expertise to work with lenders, owners, and operators to optimize their return on investment.
“Germany-based Eurohypo has been one of the most active lenders in high-end real estate, including hotels," says Warnick.
" Our role will be to help stabilize the Montelucia and help position it as one of the preeminent resorts in the highly competitive Phoenix/Scottsdale market. We also will oversee the sale of the unsold villa units, and work with Eurohypo on the ultimate disposition of the resort through Eastdil Secured, its investment sale broker.
Warnick + Company currently asset manages over 20 hotels and resorts in the U.S. (including Hawaii), Japan, and South Korea, including such properties as the 350-room Hyatt Regency Tamaya Resort & Spa near Santa Fe, N.Mex., the 1,000-room Sheraton Phoenix in Phoenix, Ariz., and the 800-room Hilton Austin in Austin, Texas.
“Based on current market conditions, we expect to double our asset management portfolio in the next three years,” Warnick added. “We have more than 350 years of combined industry experience to assist lenders and owners, as well as real-world, hands-on experience and a perspective honed through every economic cycle dating back to the early 1970s.
“The next few years will be difficult, but there are solutions available,” Warnick noted. “We’ve been there before and know how to protect assets and optimize cash flow and value under any set of circumstances.”
Warnick + Company (www.warnickco.com) is a strategic advisory firm that creates opportunities and value-enhancing solutions in lodging and recreational real estate for clients worldwide. The firm is known for its ability to deliver high-impact results through its multi-disciplinary expertise, real-world perspective, and hands-on experience.
Contact: Jerry Daly, Chris Daly, Daly Gray, (703) 435-6293, jerry@dalygray.com, chris@dalygray.com
Grubb & Ellis Commercial Florida negotiates long-term renewal lease for 5,000 SF at Metric Plaza in Winter Park. FL
ORLANDO,.FL- - Grubb & Ellis Commercial Florida, associated with 130 offices worldwide, recently completed a long-term renewal agreement for 5,000 square feet at 4202-4208 Metric Drive in Metric Plaza, an office/flex development located off University Blvd. and S.R. 436 in Winter Park, FL.
Robert Kellogg, (top right photo) CCIM vice president in the Office Services Group at Grubb & Ellis Commercial Florida represented the tenant, Winter Park-based DMC Components International, LLC., who renewed the lease of suite 4202 for five years. The 16,000 square foot building which was built in 1985 is 100 percent leased.
The landlord, DA Metric LLC of Rahway, N.J., was represented by Tom McFadden of Southern Commercial Real Estate.
Contacts:
Grubb & Ellis Commercial Florida, 315 E. Robinson St. Suite 555, Orlando, FL 32801, http://www.commercialfl.com/;
Robert Kellogg, CCIM, 407-481-5408, rkellogg@commercialfl.com;
Jeff Sweeney, SIOR 407-481-5387
Larry Vershel 407-644-4142
Sunday, January 31, 2010
NAI Realvest to Launch Paid Intern Program

MAITLAND - NAI Realvest, which ranks as one of the most active developers of industrial facilities in Central Florida and a leading area commercial property leasing and brokerage firm, is now accepting applications for paid internship positions that will commence in January.
Patrick Mahoney, (top right photo) president and chief operating officer at NAI Realvest, said the program is open to students from area colleges and universities with an interest in commercial real estate.
Mahoney said NAI Realvest plans to develop a new generation of commercial real estate executives and hopes the most promising NAI Realvest interns will stay on as junior brokers after they earn their college degrees.
“We have designed a comprehensive experiential professional learning curriculum here at NAI Realvest and we expect to invest substantial energies in the development of a corps of promising young executives,” Mahoney explained.
“Our interns will get first-hand mentoring in landlord and tenant representation, property research, legal, sales and leasing contracts, negotiations, property valuations, property management and marketing,” said Mahoney.
For more information, please contact:
Patrick Mahoney, President and COO, NAI Realvest, 407-875-9989, pmahoney@realvest.com;
George Livingston, Chairman Emeritus, NAI Realvest, 407-875-9989; glivingston@realvest.com;
Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142, Lvershelco@aol.com
NAI Realvest and NAI Horizon in Phoenix Negotiate Office Lease for 10,000SF in Scottsdale, AZ

ORLANDO, Fla. - NAI Realvest in Maitland and NAI Horizon in Phoenix recently negotiated a lease agreement for more than 10,000 square feet of office space on behalf of Channel Intelligence at the SkySong mixed-use development in Scottsdale, Ariz.
George Livingston, (top right photo) chairman emeritus of the firm, and Christie Alexander, (bottom left photo) principal at NAI Realvest, along with Thomas Bean and Patricia Rogers of NAI Horizon represented Channel Intelligence in the lease of the Orlando-based company’s West Coast office.
Channel Intelligence helps retailers, manufacturers and other advertisers make their products and services easier for consumers to find and buy online and in local retail stores.
Higgins Development Partners and Plaza Companies are co-developers of the SkySong project in partnership with the Arizona State University Foundation and USAA Real Estate Company.
For more information, contact:
Christie Alexander, Principal, NAI Realvest, 407-949-0704, calexander@realvest.com;
George Livingston, Chairman Emeritus, NAI Realvest, 407-875-9989, glivingston@realvest.com
Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142, lvershelco@aol.com
EastGroup Properties Acquires Three-uilding Complex in San Diego, CA $17M

JACKSON, MS--EastGroup Properties (NYSE-EGP) announced the acquisition of the Ocean View Corporate Center in San Diego, California for a purchase price of $17,000,000.
Located in the Otay Mesa submarket, (bottom left map) Ocean View contains 274,000 square feet in three, multi-tenant business distribution industrial buildings.
Constructed in 2005, the complex is presently 87% leased to 14 customers. Ocean View is projected to generate an annualized yield of 9.6% at its current occupancy and rents.
David H. Hoster II, (top right photo) President and CEO, stated, "Ocean View is a recently developed, state-of-the-art industrial complex that closely fits our business distribution criteria. This acquisition, which is at a price 20-25% below replacement cost, increases our ownership in the south San Diego market to 465,000 square feet.
"Ocean View represents our fourth purchase in the last nine months and brings our total of newly invested capital to approximately $40 million over that period. We continue to seek additional investment opportunities."
Contact:
David H. Hoster II, President and Chief Executive Officer
N. Keith McKey, Chief Financial Officer, 601) 354-3555
Easton Lynd to Manage Distressed Properties for Warren Buffet-Owned Berkadia Commercial Mortgage
MIAMI, FL— Miami-based Easton Lynd Management, the commercial property management division of The Lynd Company, has been tapped by Berkadia Commercial Mortgage LLC to manage a portion of its distressed property portfolio throughout the United States.
Berkadia, based out of Horsham, Pennsylvania, is a top-rated, special servicer of commercial real estate loans owned jointly by Warren Buffet’s (top right photo) holding company, Berkshire Hathaway Inc. and Leucadia National Corp.
Berkadia has a portfolio of $240 million, making it the third largest servicer in the United States. Easton Lynd has more than 30 years managing commercial properties with 9.7 million square feet currently under assignment nationwide.
Easton Lynd’s first assignment with Berkadia is a 44,000 square foot stand-alone retail building in Clearwater, Florida, that the loan servicer took back in January 2010. Circuit City had occupied the space prior to its filing bankruptcy and going out of business.
Zac Gruber, (middle left photo) regional vice president in charge of Easton Lynd said a property manager plays a vital role for a loan servicer when it comes to maximizing a property’s value.
“Timing is very important in distressed situations,” said Gruber. “As a manager, you have to act quickly and be able to identify any issues that are causing the property to lose money. You then have to analyze, prioritize and execute what needs to be done to turn the asset around. It takes a well-trained staff to make this happen.”
Easton Lynd Management, a division of San Antonio, Texas-based The Lynd Company, is one of the country's fastest growing and most advanced commercial real estate management companies.
The firm represents a diverse investor base from small private investors to large institutional clients across multiple property types including industrial, office and retail. Its revolutionary property reporting and tenant interaction capabilities make Easton Lynd a preferred property management firm.
For more information log on to http://www.thelyndco.com/.
Media Contact: Todd Templin, Boardroom Communications, 954-370-8999 or 954-290-0810, ttemplin@boardroompr.com
Easton Lynd LLC, Zac Gruber, Regional VP, 305-591-9727, zgruber@eastonlynd.com
Thursday, January 28, 2010
Crossman & Co. Associate Courtney Kowalchuk Named Real Estate 'Woman of Influence'

ORLANDO - Courtney Kowalchuk, (top right photo) senior associate at Crossman & Company, the Orlando firm that ranks as one of the largest third-party retail leasing and management firms in the Southeast, was recently named a “Woman of Influence in Florida Real Estate” by Real Estate Florida, a magazine supplement to the national publication Real Estate Forum.
Last year Kowalchuk negotiated over 35 lease agreements valued at more than $15 million.
“Courtney Kowalchuk is one of the brightest young commercial real estate executives in Florida,” said John Crossman, (bottom left photo) president of Crossman & Company.
“She plays a major role at Crossman & Company and we expect her to play an even bigger role as we expand,” Crossman said.
Kowalchuk is also a new mother. The twin girls, Katie Rayne and Lilly, were born on December 8th, 2009.
Crossman & Company is one of the largest third-party retail leasing and management companies in Florida with over 16 million square feet under leasing and/or management.
Founded in Orlando, Fla. in 1990, Crossman & Company is a full service commercial real estate firm that advises its clients in leasing, management, development and investment sales of retail and office properties and serves clients including Publix Super Markets, Inc., Lake Nona, PREIT, and LaSalle Investment Management.
Please visit www.crossmanco.com, or call 407-423-5400 for more information.
Contacts:
John Crossman, CCIM, President, Crossman & Company, 407-581-6218, jcrossman@crossmanco.com;
Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142, lvershelco@aol.com
Myrtle Beach, SC multi-housing complex receives $9M financing arranged by HFF
DALLAS, TX – The Dallas and Miami offices of HFF (Holliday Fenoglio Fowler, L.P.) announced today that they have arranged $9 million in financing for Alta Surf Apartments, a 216-unit multi-housing complex in Myrtle Beach, South Carolina.
HFF directors Brian Carlton (top right photo) and Ike Ojala (middle left photo) worked on behalf of the Miami-based borrower, Tate Capital Real Estate Solutions, LLC, to secure the seven-year, fixed-rate loan through HFF’s Freddie Mac (Federal Home Loan Mortgage Corporation) Program Plus® Seller/Servicer relationship.
The loan was made under Freddie Mac’s Capital Markets Execution (CME) program and Freddie Mac intends to securitize the loan in the near future. One of Tate Capital’s entities acquired the property all-cash in late 2009.
Completed in 2007, Alta Surf Apartments is 88% occupied and community amenities include a resort-style swimming pool, clubhouse, fitness facility, billiards room, laundry facility, car wash, storage units and detached garages. The property is located at 101 Breakers Drive in Myrtle Beach.
Tate Capital focuses on distressed multi-housing and commercial real estate and has developed, contracted and managed more than $1 billion of commercial real estate assets primarily in Florida, Texas, North and South Carolina, the Northeast United States and the Caribbean.
Contacts:
Brian Carlton, HFF Director, (214) 265-0880, bcarlton@hfflp.com
Ike Ojala, HFF Director HFF, (305) 448-1333, iojala@hfflp.com
Kristen Murphy, Associate Director, Marketing, (713) 852-3500, krmurphy@hfflp.com
HFF arranges sale of historic Lincoln Theatre along Miami Beach’s famed Lincoln Road Mall
MIAMI, FL – The Miami office of HFF (Holliday Fenoglio Fowler, L.P.) announced today that it has arranged the sale of the historic Lincoln Theatre,(top left photo) a 38,000-square-foot mixed-use property located on Miami Beach’s famed Lincoln Road Mall.
This transaction is scheduled to close February 1, 2010.
HFF executive managing director Manuel de Zárraga, managing director Danny Finkle (middle left photo) and associate directors Luis Castillo and Jaret Turkell led the investment sales team on behalf of the seller, New World Symphony. A partnership led by Miami-based Savitar Realty Advisors purchased the property.
Originally built in the 1930’s as a movie house, the Lincoln Theatre is positioned in the protected art-deco architectural district of Miami Beach and is listed as a protected historic site under the National Register of Historic Places.
Located at 541 Lincoln Road, the property is situated on one of the “most unique and successful” pedestrian malls in the United States attracting millions of visitors each year with its art-deco architecture and world-renowned retailers, restaurants and hotels.
The property consists of administrative offices, practice rooms and a 704-seat performance theater that has been occupied by the New World Symphony as their headquarters for the past 20 years.
The New World Symphony will be vacating the entire building upon completion of their new $154 million campus (bottom right rendering), designed by the “world acclaimed” architect Frank Gehry, immediately behind the Lincoln Theatre.
“The Lincoln Theatre is an internationally significant landmark that will start a new chapter in the illustrious history of Lincoln Road, while complementing the new world-class home of the New World Symphony,” stated Finkle.
“We’ve seen the emergence of numerous retailers opening flagship stores on Lincoln Road that have never before had a presence in Florida” added Castillo. “Lincoln Road is in the midst of a renaissance of sorts and this space is positioned at the epicenter.”
Contacts:
Daniel Finkle, HFF Managing Director, (305) 448-1333, dfinkle@hfflp.com
Luis Castillo, HFF Associate Director, (305) 448-1333, lcastillo@hfflp.com
Kristen Murphy, HFF Associate Director, Marketing, (713) 852-3500, krmurphy@hfflp.com
Wyndham Hotel Group to Introduce Two Hotel Brands to Singapore
PARSIPPANY, NJ – Wyndham Hotel Group, the world’s largest hotel company with more than 7,000 hotels and 11 brands, today announced that its Ramada® and Days Inn® brands will enter Singapore with the development of two hotels: the 391-room Ramada Singapore at Zhongshan Park and the 405-room Days Hotel Singapore at Zhongshan Park.
Both new-build properties will be developed by HH Properties Pte. Ltd., a joint venture between niche property development group, Hiap Hoe Limited, and SuperBowl Holdings Limited, an owner and manager of leisure and commercial properties.
Construction will begin early this year and the hotels are expected to open in 2014.
To be managed by Wyndham Hotel Group, the properties will be built at Balestier Road, just opposite Sun Yat Sen Nanyang Memorial Hall, a national monument that pays tribute to the father of the 1911 Chinese Revolution.
The Balestier Road area, rich in history, is home to countless shophouses dating back to the 1840s. With a land area of approximately 17,600 square meters, the hotels will flank Zhongshan Park, creating a unique integrated development with a strong heritage connection and old world charm.
“Singapore is one of the most important business and leisure destinations in the Asia Pacific region and we are thrilled to introduce our Ramada and Days Inn brands to the market,” said Tom Monahan, (middle right photo) Wyndham Hotel Group executive vice president of international development. “We are excited to work with HH Properties as we expand our global footprint.”
The 17-story Ramada Singapore at Zhongshan Park will include a full service restaurant, fitness center, swimming pool, business center and more than 600 square-meters of meeting space.
The 14-story Days Hotel Singapore at Zhongshan Park will feature amenities including a full service restaurant and fitness center. This will be the first Days Inn property to be managed by Wyndham Hotel Group. The company has a managed portfolio of nearly 30 hotels.
“We have spent a considerable amount of time planning the project and are now looking forward to seeing it take shape,” said Teo Ho Beng, managing director of the Hiap Hoe Group. “We selected Wyndham Hotel Group to manage the hotels based on the company’s strong brands and track record and are really excited about the opportunity to work with the Hotel Group.”
CONTACT:
Rob Myers, Communications Coordinator, Wyndham Hotel Group, 22 Sylvan Way, Parsippany, NJ 07054
973-753-6590, rob.myers@wyndhamworldwide.com
Both new-build properties will be developed by HH Properties Pte. Ltd., a joint venture between niche property development group, Hiap Hoe Limited, and SuperBowl Holdings Limited, an owner and manager of leisure and commercial properties.
Construction will begin early this year and the hotels are expected to open in 2014.
To be managed by Wyndham Hotel Group, the properties will be built at Balestier Road, just opposite Sun Yat Sen Nanyang Memorial Hall, a national monument that pays tribute to the father of the 1911 Chinese Revolution.
The Balestier Road area, rich in history, is home to countless shophouses dating back to the 1840s. With a land area of approximately 17,600 square meters, the hotels will flank Zhongshan Park, creating a unique integrated development with a strong heritage connection and old world charm.
“Singapore is one of the most important business and leisure destinations in the Asia Pacific region and we are thrilled to introduce our Ramada and Days Inn brands to the market,” said Tom Monahan, (middle right photo) Wyndham Hotel Group executive vice president of international development. “We are excited to work with HH Properties as we expand our global footprint.”
The 17-story Ramada Singapore at Zhongshan Park will include a full service restaurant, fitness center, swimming pool, business center and more than 600 square-meters of meeting space.
The 14-story Days Hotel Singapore at Zhongshan Park will feature amenities including a full service restaurant and fitness center. This will be the first Days Inn property to be managed by Wyndham Hotel Group. The company has a managed portfolio of nearly 30 hotels.
“We have spent a considerable amount of time planning the project and are now looking forward to seeing it take shape,” said Teo Ho Beng, managing director of the Hiap Hoe Group. “We selected Wyndham Hotel Group to manage the hotels based on the company’s strong brands and track record and are really excited about the opportunity to work with the Hotel Group.”
CONTACT:
Rob Myers, Communications Coordinator, Wyndham Hotel Group, 22 Sylvan Way, Parsippany, NJ 07054
973-753-6590, rob.myers@wyndhamworldwide.com
The Hampton Inn Morgantown in West Virginia Completes Extensive Hotel Renovations
MORGANTOWN, WV– The Hampton Inn Morgantown hotel (www.morgantown.hamptoninn.com) has unveiled a new look after completing an extensive renovation this past October. The 107-room hotel is surrounded by the area’s natural beauty, ideally situated near West Virginia University, Cheat Lake, and Coopers Rock State Forest.
The multimillion dollar hotel renovation touched all areas of the property including guestrooms, lobby, reception, breakfast area, business center, and fitness center. In addition, the exterior, entrance and landscaping received a facelift.
The brand new “Perfect Mix” lobby offers plenty of seating options for relaxing, dining or working in a comfortable atmosphere with a contemporary design accented in wood tones. The lobby features soft seating, library shelves, two flat-screen TVs, a new communal table with granite countertop, secure high-speed internet access, signature décor and feature lighting.
“We are delighted to share all these new amenities and upgrades with our guests,” said General Manager Carla Smith. “We continue to provide great service, and these renovations demonstrate our ongoing commitment to our guests’ satisfaction.”
Accented in pear green tones and cherry woods, all 107-guestrooms have been revamped with new built-in wall units and furniture, carpeting, artwork, larger bathrooms, functional workspace, generous lighting, and 32” flat-screen TVs, in addition to Hampton’s Cloud Nine bedding with Serta® dream mattress, feather pillows, soft duvet cover and fresh sheeting.
The newly renovated Hampton Inn Morgantown (www.morgantown.hamptoninn.com) is nestled in the mountains of West Virginia right near West Virginia University and Mountaineer Field at Mylan Puskar Stadium.
The Hampton Inn Morgantown is operated by Interstate Hotels & Resorts (www.ihrco.com), the nation’s largest independent hotel management company.
Contact: Bekah Gillespie, Director of Sales, Hampton Inn Morgantown, Phone: (304) 599-1200
Email: bekah.gillespie@ihrco.com
The multimillion dollar hotel renovation touched all areas of the property including guestrooms, lobby, reception, breakfast area, business center, and fitness center. In addition, the exterior, entrance and landscaping received a facelift.
The brand new “Perfect Mix” lobby offers plenty of seating options for relaxing, dining or working in a comfortable atmosphere with a contemporary design accented in wood tones. The lobby features soft seating, library shelves, two flat-screen TVs, a new communal table with granite countertop, secure high-speed internet access, signature décor and feature lighting.
“We are delighted to share all these new amenities and upgrades with our guests,” said General Manager Carla Smith. “We continue to provide great service, and these renovations demonstrate our ongoing commitment to our guests’ satisfaction.”
Accented in pear green tones and cherry woods, all 107-guestrooms have been revamped with new built-in wall units and furniture, carpeting, artwork, larger bathrooms, functional workspace, generous lighting, and 32” flat-screen TVs, in addition to Hampton’s Cloud Nine bedding with Serta® dream mattress, feather pillows, soft duvet cover and fresh sheeting.
The newly renovated Hampton Inn Morgantown (www.morgantown.hamptoninn.com) is nestled in the mountains of West Virginia right near West Virginia University and Mountaineer Field at Mylan Puskar Stadium.
The Hampton Inn Morgantown is operated by Interstate Hotels & Resorts (www.ihrco.com), the nation’s largest independent hotel management company.
Contact: Bekah Gillespie, Director of Sales, Hampton Inn Morgantown, Phone: (304) 599-1200
Email: bekah.gillespie@ihrco.com
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