HFF represents The Klein Group in the sale of retail condo in Manhattan’s Upper West Side

200 West End Avenue, Upper West Side, Manhattan, NY

Andrew
Scandalios

NEW YORK, NY –HFF announced today the sale of 200 West End Avenue, a 25,452-square-foot retail condominium in Manhattan’s Upper West Side.

                HFF represented The Klein Group in the sale of the asset.  David Beare of CORE and Scott Heller of the Heller Organization represented the buyer.

Jose Cruz

200 West End Avenue is a ground-floor and lower-level retail condominium located at the southeast corner of West End Avenue and 70th Street on the Upper West Side.  Built in 2009, the property is fully leased to four tenants including CVS Pharmacy. 

Jeff Julien

                The HFF team representing the seller was led by senior managing directors Andrew Scandalios and Jose Cruz and managing directors Jeff Julien and Kevin O’Hearn.

The Klein Group is a leading real estate firm that specializes in the acquisition, development and management of prime retail properties in the Tri-State area with a large concentration in New Jersey. 

Known for creating exceptional shopping centers, The Klein Group continues to expand in desirable locations across the Northeast from its headquarters in Florham Park, New Jersey.

Kevin O'Hearn

CORE is the leading, full-service, boutique real estate brokerage specializing in the marketing of premiere residential properties. 

CORE offers comprehensive real estate solutions for buyers, sellers, landlords, investors and developers. 

Within the past six years, CORE has introduced more than 25 new development properties to the New York City real estate market, selling more than $1 billion in real estate.

For a complete copy of the company’s news release, please contact:

Kristen M. Murphy

Associate Director

HFF | One Post Office Square, Suite 3500 | Boston, MA 02109

Main: 617-338-0990 | Direct: 617-848-1572 | Cell: 617-543-4873 | www.hfflp.com

krmurphy@hfflp.com

www.twitter.com/hff.   

Loews Hotels & Resorts Names Mary Reid Executive Director of National Sales, Midwest

Mary Reid

NEW YORK, NY  – Loews Hotels & Resorts announced the appointment of Mary Reid as executive director of national accounts for the Midwestern region.  In her new role, she will focus on building long-term relationships with Midwest corporate and association accounts for the brand’s entire portfolio.

"Loews Hotels is strengthening our Midwestern presence with the addition of the Loews Chicago, scheduled for opening in the first quarter of 2015, and it is crucial we continue to have seasoned sales leadership in this pivotal marketplace,” said David Wiener, senior vice president of sales, Loews Hotels & Resorts. 

“With her exceptional hospitality sales background in the Midwest, Mary was the obvious choice to help Loews as it expands its footprint nationwide.”

David Wiener

 Prior to joining Loews Hotels, Reid was the director of regional sales, Midwest, for KSL Resorts. 

An experienced hospitality veteran, she has represented a number of notable properties and brands, including the Ritz-Carlton Company, Hyatt Hotels and Resorts, Sonesta and Swissotel Hotels & Resorts.

 She is an active member of such industry organizations as the Professional Conference Management Association, (PCMA), Meeting Planners International (MPI), and Financial & Insurance Conference Planners (FICP).

For a complete copy of the company’s news release, please contact:

Loews Hotels & Resorts                                                              

Sarah Murov                                                                           

(212) 521-2495                                                                                 

smurov@loewshotels.com

Daly Gray                                 

Chris Daly 

(703) 435-6293

chris@dalygray.com  

www.loewshotels.com

                                                

Like Loews Hotels & Resorts on Facebook: www.facebook.com/LoewsHotels

Follow Loews Hotels & Resorts on Twitter: www.twitter.com/loews_hotels

Watch Loews Hotels & Resorts on YouTube: www.youtube.com/LoewsHotels

Lodging Construction Pipeline Growth Continues at Modest Pace

PORTSMOUTH, NH – Lodging Econometrics’ current Real Estate Trends report shows growth in the pipeline remains sluggish and is likely to continue that way at least thru early 2014 as ongoing political and economic uncertainty continue to affect developer sentiment.

As of Q3 2013 the Total Construction Pipeline stands at 2,819 Projects/ 358,691 Rooms, a year-over-year (YOY) increase of just 2% by projects and 5% by rooms. Hotels Under Construction have uptrended for nine quarters and are now at 710 Projects/ 92,065 Rooms, a YOY increase of 27% for Projects and 30% for Rooms.

Totals for Hotels Scheduled to Start in the Next 12 Months have increased off the bottom established in Q2 2012 and stand at 1,008 Projects/ 122,905 Rooms, a YOY increase of 17% and 22% respectively.

Projects in Early Planning have been in steady decline since their peak in Q4 2010, and show a YOY decrease of 19% for Projects and 15% for Rooms.

For a complete copy of the company’s news release, please contact:

Jennifer McLynch

Marketing Communications Manager

Lodging Econometrics

jmclynch@lodgingeconometrics.com

P: +1 603.431.8740, ext. 16

F: +1 603.431.4418

www.lodgingeconometrics.com

HFF closes sale/leaseback transaction involving two grocery-anchored retail centers located in New Jersey and suburban Philadelphia

Pathmark grocery, 140 North MacDade Boulevard in Glenolden, Pennsylvania.

 

Jose Cruz

FLORHAM PARK, NJ – HFF announced today that it has closed the sale/leaseback transaction involving two grocery-anchored retail centers totaling 220,431 square feet in New Jersey and suburban Philadelphia.

                HFF marketed the properties as part of a nine-property portfolio owned by The Great Atlantic & Pacific Tea Company (A&P) and its affiliates. 

MCB Real Estate, LLC, in conjunction with Alex Brown Realty, Inc., purchased the two properties free and clear of existing debt. 

50 Race Track Road, East Brunswick, NJ

A&P continues to operate Pathmark grocery stores at each of the sites.  HFF closed the sale/leaseback of four freestanding Pathmark stores from this portfolio earlier this year and has sold more than 15 A&P/Pathmark-anchored supermarket centers in New Jersey and the surrounding markets for various owners during the last two years.

                This most recent portfolio is comprised of 50 Race Track Road in East Brunswick, New Jersey and 140 North MacDade Boulevard in Glenolden, Pennsylvania.

Andrew
Scandalios

                The HFF investment sales team representing the seller was led by senior managing directors Jose Cruz and Andrew Scandalios, managing directors Kevin O’Hearn and Jeffrey Julien as well as associate Marc Duval.

According to Cruz, “The buyer had a thorough understanding of the neighborhoods and performed exceptionally well in the transaction.”

MCB Real Estate is a privately-held, institutionally capitalized commercial real estate investment firm.

Kevin O'Hearn

 Through deep experience in all phases of the real estate cycle, MCB successfully employs multiple strategies to achieve strong risk-adjusted returns in retail, industrial and office assets.  More information on MCB is available at www.mcbrealestate.com.   

Jeffrey Julien

Alex Brown Realty, Inc. (ABR) is a privately-owned real estate investment manager organized in 1972 and headquartered in Baltimore, Maryland.  ABR co-invests with joint venture partners in a broad spectrum of property types located throughout the United States.  More information on ABR is available at www.abrealty.com

Founded in 1859, A&P is one of the nation's first supermarket chains. The company operates more than 300 stores in six states under the following banners: A&P, Best Cellars, Food Basics, The Food Emporium, Pathmark, Superfresh and Waldbaum's.

For a complete copy of the company’s news release, please contact:

Kristen M. Murphy

Associate Director

HFF | One Post Office Square, Suite 3500 | Boston, MA 02109

Main: 617-338-0990 | Direct: 617-848-1572 | Cell: 617-543-4873 | www.hfflp.com

krmurphy@hfflp.com

HFF arranges $54.2 million bridge loan for RiverCenter Mall redevelopment in San Antonio, TX

                        Former Joske's Department Store, 1910 painting, San Antonio, TX

RiverCenter Mall, Downtown San Antonio, TX

DALLAS, TX – HFF announced today that it has arranged a $54.2 million construction loan for the redevelopment of the historic Joske’s Building at the RiverCenter Mall, a tourist-oriented retail mall along San Antonio’s River Walk.

HFF worked exclusively on behalf of the borrower, Ashkenazy Acquisitions Corporation, to secure the bridge facility through Cornerstone Real Estate Advisers, on behalf of a Cornerstone managed fund.  

Loan proceeds will be used for the redevelopment of the historic building.

Trey Morsbach

Built in 1887 as the original location of Joske’s Department Store, the property is situated at the corner of Alamo and Commerce Streets overlooking the historic Alamo Plaza in San Antonio’s central business district. 

Joske’s occupied the space until 1987 at which time Dillard’s moved into the space until its departure in 2008.  The mall redevelopment will include a variety of retail, restaurant and entertainment tenancy.

The HFF team representing Ashkenazy Acquisitions Corporation was led by senior managing director Trey Morsbach, executive managing director John Pelusi and associate director Cullen Aderhold.

John Pelusi

Headquartered in New York City, Ashkenazy Acquisition Corporation is a private real estate investment firm focusing on retail and office assets. Ashkenazy Acquisition has acquired over 13 million square feet of retail, office and residential properties, located throughout the United States and Canada.

With a portfolio containing more than 100 buildings valued at approximately $5 billion, Ashkenazy Acquisition has a superior performance history in purchasing and managing premier assets.

For a complete copy of the company’s news release, please contact:

Kristen M. Murphy

Associate Director

HFF | One Post Office Square, Suite 3500 | Boston, MA 02109

Main: 617-338-0990 | Direct: 617-848-1572 | Cell: 617-543-4873 | www.hfflp.com

krmurphy@hfflp.com

www.cornerstoneadvisers.com

HFF closes $38.1 million sale of Pinnacle Corporate Park I and II in Fort Lauderdale, FL

Hermen Rodriguez

MIAMI, FL – HFF announced it has closed the sale of Pinnacle Corporate Park I and II, two Class A suburban office buildings totaling 262,434 square feet in Fort Lauderdale, Florida.

HFF marketed the property on behalf of Northwestern Mutual.  A joint venture between Banyan Street Capital and DRA Advisors purchased the offering for $38.1 million free and clear of existing debt.

Pinnacle Corporate Park is situated just off Interstate 95 at 500 and 550 West Cypress Creek Road adjacent to the Cypress Creek Tri-Rail station.

  

Ike Ojala

The properties are 85 percent leased overall to a diverse tenant roster including University of Phoenix, CastlePoint Insurance, Oracle and Fannie Mae.  

The HFF team representing the seller was led by managing director Hermen Rodriguez, director Ike Ojala and senior real estate analyst Jorge Portela.

“Pinnacle Corporate Park has an exceptional office location thanks to its proximity to Fort Lauderdale’s central business district, Interstate 95 and the Tri-Rail, and the property is in exceptional physical condition,” said Rodriguez.

“The offering received strong interest from a wide variety of investors, driven by the property’s physical attributes and strong rent-roll,” added Ojala.

                HFF’s investment sales team closed more than $2.8 billion in office building sales nationally in the first half of 2013.  HFF closed more than $48 million in office transactions across all capital markets platforms in the state of Florida during this time.

For a complete copy of the company’s news release, please contact:

Kristen M. Murphy

Associate Director

HFF | One Post Office Square, Suite 3500 | Boston, MA 02109

Main: 617-338-0990 | Direct: 617-848-1572 | Cell: 617-543-4873 | www.hfflp.com

krmurphy@hfflp.com

Cohen Commercial Realty Brokers Two New Leases in South Florida

Flagler Square, Forest Hill Boulevard and Florida Mango, West Palm Beach, FL

Bryan S. Cohen

Palm Beach Gardens, FL — Bryan S. Cohen and Allan Carlisle of Cohen Commercial Realty, Inc., announced the signing of Orangetheory Fitness, to lease a 2,880-square-foot unit at Mirasol Walk Shopping Center located on the northeast corner of PGA Boulevard and Mirasol Drive, just west of the Florida Turnpike.

Cohen Commercial Realty, Inc., represents the landlord, Sansone Group, in this transaction. They join Publix Supermarket, Walgreens Pharmacy, Bank of America and Starbucks.

Allan Carlisle

West Palm Beach, FL — Bryan S. Cohen and Jason Guralnick of Cohen Commercial Realty, Inc., announced the signing of Repairs On Us, to lease a 865-square-foot office at Flagler Square located on the southeast corner of Forest Hill Boulevard and Florida Mango.

 Cohen Commercial Realty, Inc., represents the landlord Storm Abramson Properties in this transaction.

For a complete copy of the company’s news release, please contact:

Jamie Crocker

jamiecrocker@cohencommercial.com

561.471.0212 phone

561.471.5905 fax

Lincoln Brokers Lonza America’s 93,963-Square-Foot Renewal and Expansion in Alpharetta, GA

  

1200 Bluegrass Lakes Parkway, Alpharetta, GA

Michael Howell

 ATLANTA, GA– Lincoln Property Company Southeast (Lincoln) has brokered Lonza America’s 93,963-square-foot lease renewal and expansion at 1200 Bluegrass Lakes Parkway in the Atlanta suburb of Alpharetta, Ga. The firm now occupies the entire building.

 Michael Howell and Hunter Henritze, vice presidents of office leasing for Lincoln, and Jeff Henson, a senior associate in the firm’s Office Leasing Group, represented the landlord, OA Development, in the transaction.

Christopher Olsen, Bert Sanders and Dave Kilborn of Newmark Grubb Knight Frank represented Lonza America, which is a direct subsidiary of Lonza Group AG, a $4 billion global biochemical company.

Hunter Henritze

 Lonza America’s renewed and expanded lease runs for more than 11 years. 1200 Bluegrass Lakes Parkway serves as an Innovation Center for Lonza and houses the R&D, production and distribution divisions for specific product lines.

For a complete copy of the company’s news release, please contact:

Stephen Ursery

The Wilbert Group

404-405-2354

sursery@thewilbertgroup.com

Essex Realty Group Brokers Sale Of Walk-Up Apartment Building in Chicago, IL

  

2702 - 08 West Ainslie Street, Lincoln Square neighborhood, Chicago, IL

CHICAGO, IL -- Essex Realty Group, Inc. is pleased to announce the sale of 2702-08 W. Ainslie St. a 21-unit gut-rehabbed walk-up apartment building located in Chicago’s Lincoln Square neighborhood.

Matt Welke

 The property is situated on the northwest corner of Ainslie Street and Washtenaw Avenue, two blocks from the CTA bus stop at Lawrence and Washtenaw, and within walking distance of the Rockwell CTA Brown Line Station.  In addition, the building is in close proximity to the restaurants and shops located in the heart of Lincoln Square.

 The building was gut renovated between 2008 and 2009 with interior apartment finishes including granite countertops, stainless steel appliances, and new cabinets in kitchens/pedestal sinks, wall-mounted medicine cabinets, mosaic tile floors, and ceramic tile tub surrounds in bathrooms; hardwood floors and crown molding throughout bedrooms and living rooms. 

The mechanical systems have also been updated, including new electric, new copper plumbing, new in-unit HVAC and hot water tanks, and new windows.

Jason Fishleder

The Subject Property consists of a unit mix of 1 Bd/1 Ba up to 2 Bd/2 Ba + Den, with square footage starting at 846 SF per unit up to 1,390 SF.

 Matt Welke and Jason Fishleder represented the seller and Doug Fisher of Essex represented the purchaser.  The price was approximately $3,900,000.

 Essex Realty Group, Inc. specializes in the sale of investment real estate throughout the Chicago metropolitan area.

  

For a complete copy of the company’s news release, please contact:

Douglas Fisher

Essex Realty Group, Inc.

773.305.4910

dougfisher@essexrealtygroup.com

www.essexrealtygroup.com

Construction Underway for HSA Commercial’s 220,000 SF Industrial Spec Project near Indianapolis, IN

  

Rendering of planned spec 220,000-SF industrial building in Gateway Business Park
1025 Columbia Road, Plainfield, IN

Jack Shaffer

CHICAGO, IL and INDIANAPOLIS, IN— Jack Shaffer, chairman and founder of HSA Commercial Real Estate, announced that construction has commenced on a 220,000-square-foot speculative industrial building the firm is developing in partnership with Great Point Investors LLC in the Gateway Business Park at 1025 Columbia Road, Plainfield, Ind.

Crews from the project’s general contractor, Fishers, Ind.-based Meyer Najem, are in the process of completing the mass earthwork and site utilities and will be erecting the wall panels next month.

 “Since Meyer Najem built the other two buildings at the Gateway Business Park, as well as the build-to-suit for the FAA (Federal Aviation Administration) just south of our site, they are familiar with Plainfield requirements and have moved very quickly so far,” said Craig Phillips, executive vice president of development with HSA Commercial.

Craig Phillips

“As long as we maintain this pace, we should have all of the walls up for the building shell by the end of the year.”

 Located on 13 acres immediately southwest of the Indianapolis International Airport, the freeway-visible industrial building at Gateway Business Park will feature 32’ clear heights, 24 truck docks, four drive-in doors, 155 parking spaces and quick access to Interstate 70 with convenient connectivity to the rest of the regional interstate system.

Delivery of the project is scheduled for spring 2014.

 “The Indianapolis market has been active for spec development, but our project is unique because it targets smaller users between 40,000 and 100,000 square feet,” said Robert Smietana, vice chairman and CEO of HSA Commercial.

Robert Smietana

 “We have been encouraged by the amount of interest in our development so far from that category of tenants, especially at such an early stage in construction.”

Terry Busch and John Hanley of CBRE have been selected to represent HSA Commercial and its joint venture partner, Great Point Investors LLC, in the project leasing.

  

For a complete copy of the company’s news release, please contact:

Mark Thomton

mthomton@taylorjohnson.com

312-267-4523

Multi Housing Advisors Brokers $20.2 Million Sale of 324-Unit Apartment Community in Metro Atlanta

  

Aslan on the River, Jonesboro, GA

Joshua Goldfarb

ATLANTA, GA— Multi Housing Advisors (MHA) has brokered the $20.2 million sale of Aslan on the River, a 324-unit apartment community in the Atlanta suburb of Jonesboro, Ga.

 Josh Goldfarb, co-founder and co-managing partner of MHA, represented the seller and was the only broker involved in the deal. Hamilton Point Investments, based in Old Lyme, Conn., purchased the community, which was built in 2001.

 “As 2013 nears completion, investor interest in the metro Atlanta and southeastern U.S. apartment markets remains very strong,” Goldfarb said.

“With interest rates in check, the economy improving and job growth picking up, household formations are increasing and that means this sector, which has performed so well over the past several years, will continue to thrive. We expect to see investment sales continue at a brisk pace for multifamily assets of all types.”

Concepts 21-Roswell, GA community

With the Aslan on the River transaction, MHA’s Atlanta office has completed $160 million in investment sales this year. MHA, which also has offices in Birmingham, Ala., and Charlotte, N.C., and completes transactions throughout the South, is aiming to close 100 transactions in 2013.

 Earlier this fall in metro Atlanta, MHA brokered the $15.6 million sale of Concepts 21-Roswell, a 304-unit community in Roswell, Ga., and the $5.8 million, off-market sale of Wynscape, a 272-unit community in Chamblee, Ga.

 AH Capital, a Los Angeles-based investor, bought Concepts 21-Roswell from Atlanta-based ECI Capital, while New York-based Varden Capital purchased Wynscape from Atlanta-based J.C. Gay. MHA represented the sellers in both transactions and was the only broker involved in the deals.

Wynscape Apartments, Atlanta, GA

MHA recently expanded its Charlotte office and intends to open additional offices in the South. The firm has made a number of significant new hires over the past year as well, adding experienced brokers to expand its geographic reach and to take advantage of the increasing volume of multifamily investment sales.

 MHA enjoys a total sales transaction volume that has surpassed $2.4 billion, representing more than 76,000 units and more than 450 individual transactions.

MHA serves local, regional and national clients and has become known for its effective multi-office platform, excellent transaction history and rapid growth

For a complete copy of the company’s news release, please contact:

 Stephen Ursery

The Wilbert Group

404-549-7150 (O)

 404-405-2354 (C)

sursery@thewilbertgroup.com

www.usmha.com.

CHM Granted Three-Year Asset Management Extension with Hilton Baltimore Convention Center Hotel

  

Hilton Baltimore Convention Center Hotel

BALTIMORE, MD and BEVERLY, MA—Capital Hotel Management (CHM), a leading hotel asset management and investment advisory firm, today announced that it has been awarded a second contract extension for the asset management of the 757-room Hilton Baltimore Convention Center Hotel. 

Michael Doyle

CHM was originally retained in 2006 by the Baltimore Development Corporation, following a competitive bid process.

“We have worked closely with the hotel’s operators to optimize revenues while minimizing overhead during a very difficult period that has been impacted by a slow economic recovery, a sluggish meeting market and the effects of increased rooms supply,” noted Michael Doyle, executive vice president and head of asset management for CHM. 

“This three-year contract extension will mark over a decade of service to the City of Baltimore, and we look forward to building upon that foundation.”

In addition to the Hilton Baltimore, CHM has provided asset management services for more than 100 hotels over the past decade.

For a complete copy of the company’s news release, please contact:

 Jerry Daly, Chris Daly

 (703) 435-6293

 jerry@dalygray.com

 www.chmhotel.com

(978) 522-7000.

National Retail Properties Inc. Announces Third-Quarter Operating Results

  

Orlando, FL  – National Retail Properties, Inc. (NYSE: NNN), a real estate investment trust, announced its operating results for the quarter and nine months ended September 30, 2013.

For a complete copy of the company’s news release, please contact:

Kevin B. Habicht

Chief Financial Officer

(407) 265-7348

Chatham Lodging Trust Announces Strong 2013 Third Quarter Results

PALM BEACH, FL—Chatham Lodging Trust (NYSE: CLDT), a hotel real estate investment trust (REIT) that owns wholly or through its joint ventures 76 premium-branded, upscale, extended-stay and select-service hotels

announced results for the third quarter ended September 30, 2013.

Third Quarter 2013 Highlights

·         Comparable Hotel RevPAR – Grew hotel RevPAR 6.7 percent, excluding the Washington, D.C. hotel which was being renovated/rebranded throughout the entire quarter.

·         Portfolio RevPAR - Rose 3.9 percent to $119 for the 21 hotels owned for the entire quarter.   

·         Adjusted EBITDA – Increased 30.2 percent to $15.6 million.

·         Adjusted FFO – Improved 70.6 percent to $10.8 million.  Adjusted FFO per diluted share rose 4.3 percent to $0.48 from $0.46, exceeding consensus estimates.

·         Equity Offerings Completed – Raised a total of $142.7 million in June and September to fund the acquisitions of four, high-quality hotels comprising 700 rooms for $156 million and enhanced capacity to make incremental, value-add acquisitions.

·         Innkeepers Refinancing –Completed $950 million refinancing for JV portfolio.  90.2 percent of original invested capital returned via distributions. 

 For a complete copy of the company’s news release, please contact:

Dennis Craven (Company)                                                    

Chief Financial Officer                                                       

(561) 227-1386                                                                      

 Jerry Daly

Daly Gray, Inc.

(Media)

(703) 435-6293

McCraney Property Company Plans to Construct 700,000 SF of Class A Warehouse/Distribution Space at its New Bent Oak Industrial Park in Metro Orlando

Rendering of planned Bent Oak Industrial Park, Taft-Vineland Road, Orlando, FL

Steven E. McCraney

ORLANDO, FL and WEST PALM BEACH, FL (Nov 6, 2013) – McCraney Property Company (MPC), an integrated developer and manager of warehouse distribution and commercial/industrial flex properties located throughout Florida, signed a contract to purchase a fully entitled 39-acre industrial development site with more than 1,200 feet of Turnpike frontage south of and adjacent to Taft-Vineland Road in metro Orlando.

McCraney plans to develop Bent Oak Industrial Park, which will total 700,000 square feet of warehouse/distribution product.

 “There is no question that this is one of the finest industrial development sites in Central Florida,” said Steven E. McCraney, SIOR, CCIM, CEO of McCraney Property Company, which is currently developing 243,000 square feet of Class A spec industrial in its John Young Business Park, located in Orlando.

Matthew Sullivan

 “This is an excellent opportunity for build to suits for larger users looking to modernize and expand in Orlando’s attractive southwest market; that’s what we intend to deliver.”

The property fronts the Florida Turnpike and is located minutes away from the highly desired Beachline Expressway-Florida Turnpike interchange, which provides excellent access to Interstate 4 and the Central Florida Greeneway, as well as major distribution thoroughfares in Central Florida.

Wilson McDowell

 Even with new industrial developments on the horizon in the Orange County market, McCraney believes   the pent up demand is there resulting from delays in tenant expansions that occurred during the recession.

In addition, the project has several other characteristics that users are looking for today: 32’ clear height, ESFR sprinklers, tremendous trailer storage and Turnpike visibility. Bent Oak has an expected completion in Q3 of 2014.

 Bent Oak is being marketed by Matthew Sullivan, SIOR, CCIM, Wilson McDowell, CCIM and Bobby Isola of Colliers International-Central Florida. For more information, call (407) 843-1723.

Robert Isola

Late last spring, MPC completed one of the only build to suits in the Orlando market during the last five years, the 150,000-square-foot Dade Paper distribution center located in John Young Business Park.   MPC is in the process of constructing two spec industrial buildings totaling 243,000 square feet, also in John Young Business Park.

For a complete copy of the company’s news release, please contact:

 Don Silver

 (donsil@boardroompr.com) or

Ashley Fierman

 (afierman@boardroompr.com)

Boardroom Communications

954-370-8999/954-629-7523.