Fastest WiFi in America to Come Standard at New Centex Community Sereno in Tampa, FL Area

Sean Strickler

Tampa, FL --- Sales are in full swing at Sereno, the newest Centex community in the Tampa area located on Bella Armonia Circle, just east of U.S. 301 and Sun City Center Blvd. in Wimauma.

Sereno, an ULTRAFi Community, is a first-of-its kind residential environment where every home is built to be a Smart Home and every resident will enjoy the fastest internet and WiFi speeds in North America.

Sean Strickler, division president for Centex and PulteGroup in the West Florida region, said homeowners at Sereno will enjoy up to an exclusive 1 Gigabit of internet and WiFi speeds (100 times faster than average broadband speeds) by the pool, on the trails, in the clubhouse and at the playground.

Strickler said homebuilder builds new one and two-story homes with two-car garages at the gated community where home buyers choose from four distinct floor plans.

New Centex homes with two to six bedrooms and two to three bathrooms are priced from the low $200s at Sereno, and range in size from 1,674 square feet of living area to 2,662 square feet.

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

Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142 lvershelco@aol.com

Bull Realty Brokers $2.8 Million Sugarloaf Walk Shopping Center Sale in Lawrenceville, GA

John Harrison

ATLANTA, GA — Bull Realty brokered the sale of Sugarloaf Walk Shopping Center, a 22,685 sq ft retail strip center in Lawrenceville, GA. The sale closed on July 17, 2015 for $2.825 million.

John Harrison and Frank Meyrath of Bull Realty’s National Retail Group represented the seller, Sugarloaf Walk Shopping Center, LLC, a private investment group based in Houston, TX with a satellite office near Athens, GA.

“Our marketing generated multiple offers,” said Meyrath. Adding, “What was amazing is that competition got quite heated as a New York area investor outbid a Chicagoan and a local Atlanta based investor.”

The property is well located in Gwinnett County with strong traffic counts and over 69,000 population within a 3 mile trade area.

The buyer was Sugarloaf Parkway, LLC.

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

Melissa Henry

Communications Associate

Bull Realty, Inc.

50 Glenlake Pkwy, Suite 600

Atlanta, GA  30328

404-876-1640 x 110

Bull Realty Brokers $4.9 Million CVS Sale in Cullman, AL

 

Michael Bull

 ATLANTA, GA —Bull Realty brokered the sale of a CVS in Cullman, AL, a 13,600 sq ft freestanding retail building. The sale closed on August 5, 2015 for $4.9 million.

Michael Bull, CCIM with Bull Realty, represented a local 1031 Exchange buyer, Guggie H, LLC, in the purchase of a triple net investment opportunity, with a corporate guaranteed lease to CVS with 25 years on primary term.

Strategic 1031 Exchange Advisors, LLC acted as a Qualified Intermediary. The seller, LL Cullman AL, LLC, was represented by John Glass with Marcus & Millichap.

“The purchaser utilized a 1031 to exchange from an older asset with a low cash flow in San Francisco into a newer safe income-stream property,” said Bull.

Bull Realty, Inc. (www.BullRealty.com) is a U.S. commercial real estate brokerage and advisory firm headquartered in Atlanta, licensed in nine states providing acquisition, disposition, leasing and advisory services. The firm also produces and hosts the nationally-syndicated Commercial Real Estate Show (www.CREshow.com). The popular weekly show is broadcast on 40 radio stations nationwide, iTunes, YouTube and CREshow.com.

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

Melissa Henry

Communications Associate

Bull Realty, Inc.

50 Glenlake Pkwy, Suite 600

Atlanta, GA  30328

404-876-1640 x 110

Michael Bull AL License #83872

HFF closes $35.5 million sale of mixed-use development site in Miami, FL

Manny De Zarraga

MIAMI, FL – Holliday Fenoglio Fowler, L.P. (HFF) announced it has closed the $35.5 million sale of Miami International Centre, a 20.89-acre former yacht manufacturing facility and existing 90-slip marina with access to the Miami River in Miami, Florida.

HFF marketed the asset on behalf of the seller, Alecta Real Estate Investment (Alecta).  Interterra Investments Group purchased the offering.

Miami International Centre is poised to be home to a world-class mixed-use development featuring retail, hotel, residential, office and/or marina uses. 

At almost 21 acres, it is the largest land parcel located immediately east of the Miami International Airport and is directly across from the Miami Intermodal Center, Florida’s most significant rail transportation hub.  

The site is part of the recently-created 220-acre Palmer Lake Metropolitan Urban Center zoning district established by Miami-Dade County to foster the creation of a modern urban center.

Maurice Habif

Miami International Centre consists of the Upland Parcel, which houses six warehouse buildings totaling 360,626 square feet, and the Marina Parcel, which has 37,982 square feet of existing buildings plus 90 covered boat slips.  The site has access to Biscayne Bay via its proximity to the Miami River.

The HFF capital markets team representing Alecta was led by executive managing director Manuel De Zárraga, associate director Maurice Habif, managing director Jaret Turkell and director Marty Busekrus.

“With its proximity to Miami International Airport, the Miami Intermodal Center, the Miami River and the Dolphin Expressway (SR 836), we feel that the Miami International Centre site is the most highly-connected development opportunity in Florida,” Habif said.  

“With the recent zoning changes to Palmer Lake, the site and the immediate area are ready to become the next great hub of development within South Florida.”

Speaking on the Miami International Centre, Interterra Investments Group head Jorge Hector Bernstein has voiced that he considers the property the epicenter of Palmer Lake, and the property’s proximity to an international airport ties into one of his personal mottoes: Look for today's busiest airports, and you will find the great urban centers of tomorrow.

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

Olivia Hennessey

Public Relations Coordinator

HFF | 9 Greenway Plaza Suite 700 | Houston, Texas 77046

tel 713.852.3403 | fax 713.527.8725 | www.hfflp.com

ohennessey@hfflp.com

Colliers wins leasing assignment for 302,825-SF, 100% occupied Aventura Industrial Center in Aventura, FL

  

 

Jonathan Kingley

MIAMI, FL (Aug.  27, 2015) – Colliers International South Florida has been retained for the leasing of the Aventura Industrial Center, one of the most well-situated industrial facilities in the Miami-Fort Lauderdale area.

The two buildings, located at 555 NE 185th Street and 320 NE 187th Street, are 100 percent leased and total 302,825 square feet.

Colliers International South Florida takes pride in its long-term relationships with building owners. The team has worked with Stockbridge Capital Group, Aventura Industrial Center’s owner and landlord, for several years on a wide variety of assignments, including Cypress Park West, a 230,000-square-foot Class A office park in Fort Lauderdale.

Stockbridge Capital is being represented by Jonathan Kingsley, Executive Vice President of Colliers International South Florida assisted by Ryan Goggins, Senior Associate.

Goggins recently joined Jonathan Kingsley and Stephen Rutchik’s team, which is responsible for 2.5 million square feet of leasing in South Florida, focusing on the Miami and Fort Lauderdale markets.

  

Ryan Goggins

Aventura Industrial Center is centrally located among Miami-Dade and Broward counties’ four core drivers of growth: Port of Miami, Port Everglades, Miami International Airport and Fort Lauderdale-Hollywood International Airport.

Major tenants at the facility include seafood wholesaler Kansas Marine Co. and DFASS Group, the world's largest in-flight Duty Free specialty retailer.

“Well-located, quality industrial space in Miami such as the Aventura Industrial Center is in high demand and the supply is increasingly limited,” said Kingsley. “This tight market is expected to continue, as vacancy rates are low and expected to go even lower.”

Stockbridge Capital is an independent real estate investment management firm with a portfolio of approximately $9.8 billion of assets throughout the United States spanning all major real estate property types.

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

Leah Saunders

B2 Communications

727-895-5030, ext. 104

Leah@B2communications.com

www.Colliers.com

Twitter (@ColliersIntl)

Private investor buys $2,1 Million Class A 18,645-SF warehouse in Naples, FL for fitness and training facility

 

Jim Tamblyn

NAPLES, FL (Aug. 27, 2015) – A private investor has purchased a Class A industrial warehouse with plans for a fitness and training facility. The 18,645-square-foot industrial space sold for $2.1 million.

The building is 100 percent air-conditioned, an unusual feature for a facility of this type, and features 20-foot ceilings, a truck well and grade level overhead doors.

Jim Tamblyn, CCIM, Senior Associate for Colliers International Southwest Florida, represented the buyer, RICDEN,  LLC. The seller is Baron Investment Corp. of Naples.

With a limited supply of Class A industrial space in Southwest Florida, the buyer purchased space that’s twice as large as what was required for its use of the facility, while providing the opportunity to lease the other half of the building at an attractive rental rate.

3600 Westview Drive, Naples, FL

“It was key for the buyer to secure high-quality flex industrial space large enough to accommodate a significant amount of physical training equipment,” said Tamblyn.

 “The price reflected the high market demand for industrial space, with sales prices and lease rates approaching levels that could support speculative construction in the area.” 

Located at 3600 Westview Drive in Naples, the facility will be sectioned by a new firewall to split the floor plan. Herbeau Creations of America, Inc., a  distributor of crafted sanitary ware, sinks and faucets, will remain a tenant and will lease a portion of the space from the new owners.

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

Juliette Lauer

B2 Communications

727-895-5030, ext. 107

juliette@B2communications.com

Cohen Commercial Realty Completes Seven Lease Deals in South Florida

Bryan S. Cohen

JUPITER, FL — Bryan S. Cohen and Allan Carlisle of Cohen Commercial Realty, Inc. announced the signing of Park Avenue BBQ to lease a 5041-square-foot space at Jupiter West Plaza located at the northwest corner of Indiantown Road and Central Boulevard. They join Winn-Dixie Supermarket, Pet Supermarket, Tijuana Flats, and Panera Bread. Cohen Commercial represents the landlord in this transaction.

  

PORT ST. LUCIE, FL  – Bryan S. Cohen and Chris Haass of Cohen Commercial Realty, Inc., represented Pollo Tropical of Miami, Florida, in successfully procuring a new lease for an outparcel pad site located at Shoppes at St. Lucie West, Port Saint Lucie, Florida.

 WEST PALM BEACH, FL — Bryan S. Cohen and Allan Carlisle of Cohen Commercial Realty, Inc., announced the signing of Yip TV Inc., to lease a 3,236-square-foot-space at The Blackstone Building located on the corner of Clematis and Dixie. Cohen Commercial Realty, Inc., represents the landlord in this transaction.

 CORAL SPRINGS, FL — Bryan Cohen and Travis Langhorst of Cohen Commercial Realty, Inc., and John Breder of the Breder Companies, announced the signing of Painting with a Twist to lease a 2,270-square-foot space located at the Plaza at Coral Springs. Cohen Commercial represents the

landlord and John Breder represented the tenant in this transaction.

Allan Carlisle

 WEST PALM BEACH, FL  — Christopher Haass and Bryan Cohen of Cohen Commercial Realty, Inc., represented Dorrian's Red Hand Restaurant of New York City in successfully procuring a new lease term with options, for a 4,005-square-foot space located at 215 Clematis Street in West Palm Beach, Florida.

 PALM BEACH GARDENS, FL  — Bryan Cohen and Travis Langhorst of Cohen Commercial Realty, Inc., announced the signing of HEET Jewelry to lease a 1,320-square-foot space located at 4121 Burns Road in Palm Beach Gardens. Cohen Commercial represents the tenant in this transaction.

 NORTH MIAMI BEACH, FL — Christopher Haass and Bryan Cohen of Cohen Commercial Realty, Inc., represented Moe's Southwestern Grill of West Palm Beach, Florida, in successfully procuring a new lease term with options for a 2,100-square-foot space located at 12545 N. Biscayne Boulevard in North Miami Beach.

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

Kacy Martin

Cohen Commercial Realty, Inc.

5041 Okeechobee Boulevard

West Palm Beach, Florida 33417

Mailing Address:

P.O. Box 223244

West Palm Beach, Florida 33422

561.471.0212 Office

561.471.5905 Fax

kacymartin@cohencommercial.com

www.cohencommercial.com

KZF Development Reaches 80-Percent-Sold Milestone at Meadow Ridge in Northbrook, IL

CHICAGO, IL– Northbrook, Illinois-based KZF Development has announced that homes have been moving fast this summer at Meadow Ridge, its private gated community of 164 luxury townhomes and duplexes in Northbrook.

Currently, Meadow Ridge has one duplex available for immediate delivery and another scheduled for completion in early spring. Both duplexes offer three bedrooms and 2½ baths.

An early-delivery townhome is also under construction. Set for delivery in four months, the townhome has three bedrooms and 2½ baths.

Located at Waukegan and Founders roads, Meadow Ridge is a maintenance-free community resting on 40 acres in a park-like setting with natural landscaping, water features and a mile-long walking/biking path around the perimeter of the development. Homeowners have a choice between two townhouse floor plans and four duplex designs that all feature two- to three-bedrooms, 2½ baths and attached two-car garages.

  

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

Kelly Shumaker kshumaker@taylorjohnson.com, (312) 267-4519

Emily Johnson, ejohnson@taylorjohnson.com, (312) 267-4522

The Habitat Company Awarded Management of New 1000 South Clark Development in South Loop of Chicago, IL

Sheila Byrne

CHICAGO, IL – Chicago-based The Habitat Company, a leading multifamily property developer and manager in the United States, announced it has been awarded the property management contract for 1000 South Clark, a new 469-unit luxury apartment tower in Chicago’s South Loop neighborhood.

The building, which broke ground in the summer of 2014, is slated for delivery in early 2016.

“We’re very proud to partner with JDL Development and iStar on their largest and most ambitious rental property to date,” said Sheila Byrne, executive vice president of The Habitat Company.

“Residents have high expectations when it comes to living in a Habitat-managed building, so the endless list of amenities and top-of-the-line finishes at 1000 South Clark perfectly complement the high level of service synonymous with the Habitat name.”

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

Cara Mooses, cmooses@taylorjohnson.com, 312.267.4523

Kim Manning, kmanning@taylorjohnson.com, 312.267.4527

Hold-Thyssen Negotiates Long Term Lease with Family Counseling Service at Counsel Square in New Port Richey, FL

Carol L. Kinnard

TAMPA, FL --- Carol L. Kinnard, transaction specialist at Hold-Thyssen, LLC, a commercial real estate services firm with offices in Tampa, recently negotiated a long-term lease renewal with a long-time tenant at Counsel Square I in New Port Richey.  

Suncoast Life Solutions, Inc., a tenant for over five years in Counsel Square I at 7612 Little Rd., renewed their lease of Suite 300C with 800 square feet. 

Suncoast President Denise McKenzie, who worked with Kinnard and the landlord said she is very pleased with the building enhancements since Hold-Thyssen Real Estate Services was awarded the property management at Counsel Square I.

Suncoast Life Solutions is a family counseling service that helps clients of all ages face emotional challenges in their daily lives.

Hold-Thyssen provides commercial property and leasing and management services to institutional and private investor clients nationwide.  The 40-year old firm’s current portfolio includes more than100 commercial properties throughout the United States.

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

Larry Vershel or Beth Payan, Larry Vershel Communications Inc. 407-644-4142 Lvershelco@aol.com

Passco Companies Acquires Recently Developed 304-Unit Class-A Multifamily Community in Austin, TX

Lone Oak Apartments, Round Rock, TX

Gary Goodman

AUSTIN, TX (August 26, 2015) – Passco Companies, LLC has acquired Lone Oak Apartments, a recently completed 304-unit, Class-A garden-style multifamily community located in Round Rock, Texas, a suburb of Austin, according to Gary Goodman, Senior Vice President Acquisitions of Passco Companies.

“This acquisition furthers our company strategy to strategically invest in markets that are on pace for significant growth over the next decade,” explained Goodman.

“Located only 23 miles from Downtown Austin in one of the most desired suburbs in the region, this recently completed property will provide Passco with a consistently high-quality asset for years to come.”

According to Goodman, Lone Oak Apartments was completed in 2014, and is currently 92 percent occupied.

Chris Black of KeyBank Real Estate Capital’s Commercial Mortgage Group arranged the financing through Fannie Mae for the acquisition of the property.

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

Corynne Randel/ Jenn Quader

Brower, Miller & Cole

(949) 955-7940

Crandel@browermillercole.com

www.passco.com.

George Smith Partners Secures $13.6 Million Non-Recourse Construction Financing for Hampton Inn & Suites in Buellton, CA

LOS ANGELES, CA – Commercial real estate investment banking firm George Smith Partners has successfully arranged a $13.6 million construction loan on behalf of its clients, Jim Flagg and Steve Hughes, for the development of the Hampton Inn and Suites in Buellton, California according to George Smith Partners’ Principal and Managing Director Steve Bram, Senior Vice President David Pascale and Assistant Vice President Paul Monsen.   

The Buellton Hampton Inn & Suites, set to open in summer 2016, will be a high quality select service hotel, uniquely situated in the heard of Coastal California’s scenic wine country right off highway 101 with direct visibility from the freeway.

The property is adjacent to the Firestone Walker Brewing Company and just north of a 24 acre site designated for Crossroads Village, a major retail development.

 There are 60 wineries in the area, along with the Chumash Casino, and the cities of Los Olivos, Solvang, and Santa Ynez. Santa Barbara’s North Coast draws over 6 million visitors a year, over 25 percent of which stay in area hotels during their visits.

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

Corynne Randel/ Jenn Quader

Brower, Miller & Cole

(949) 955-7940

Crandel@browermillercole.com

 www.GSPartners.com.

The Altman Companies Breaks Ground on Altís Lakeline Apartments in Austin, TX

  

Altis Lakeline Apartments, 12700 Ridgeline Boulevard, Austin, TX

AUSTIN, TX –The Altman Companies, a nationally recognized developer of luxury apartment communities, has broken ground on its first development in Austin, Texas.  

Located at 12700 Ridgeline Blvd., the 354-unit Altís Lakeline is rich with features and amenities.

Altís Lakeline consists of 19 two- and three-story residential buildings. The spacious floorplans include one-, two- and three-bedroom units. The gated community has private entries and attached garages, as well as private balconies and patios.  Residents have on-the-spot luxurious perks designed just for them including valet door-to-door trash service, package delivery and virtual concierge services.

Joel Altman

 “Multifamily construction has shown continued strength in the Austin market and we’re excited to establish a presence in this desirable, central location,” said Joel Altman, chairman of The Altman Companies.

 “Today’s apartment residents want more from their communities. Altís Lakeline combines the latest residential amenities with a host of elevated services and perks to create an exceptional living experience.”

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

BoardroomPR

Ashley Fierman, afierman@boardroompr.com

Todd Templin, ttemplin@boardroompr.com

(954) 370-8999

www.AltmanCos.com.

Arbor Funds $200 Million in Multifamily Deals Across South and Midwest

Matt Norman

UNIONDALE, NY - Arbor Commercial Mortgage, LLC (“Arbor”), a national, direct commercial real estate lender, announced the recent funding of 21 loans totaling $200,315,900 across Texas, Arkansas, Tennessee, Alabama and Ohio under the Fannie Mae Delegated Underwriting & Servicing (DUS®) Loan, Fannie Mae DUS® Multifamily Affordable Housing, Fannie Mae DUS® Small Loan, CMBS and Arbor Reality Trust's Bridge and Mezzanine programs.

Matt Norman, Vice President in Arbor’s Dallas, TX, office, originated all of the loans.

 “As demonstrated by this collection of loans, Arbor is providing investors the personal service and customized loan products they need to take advantage of today’s strong multifamily market conditions,” Norman said.

“Arbor has the nationwide expertise that’s required to meet borrower demands no matter where they do business, including the thriving multifamily markets found across the South and Midwest.”

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

Christopher Ostrowski

costrowski@arbor.com

Urgo Hotels & Resorts and Triumph Development Partner to Build Residence Inn by Marriott in Breckenridge, CO

Rendering of planned Residence Inn by Marriott, Breckenridge, CO

Mathew Jalazo

BRECKENRIDGE, CO and BETHESDA, MD -- A joint venture partnership between Urgo Hotels & Resorts and Triumph Development, LLC has announced it broke ground on a 129-suite, custom-designed Residence Inn by Marriott in the heart of Breckenridge, Colo. 

Set to open in the fall of 2016, it will be the first new hotel built in Breckenridge in more than 20 years and is the first Marriott-branded hotel in the market.  

Urgo and Triumph will oversee the development of the hotel and Urgo will operate the hotel.

“Both Triumph and Urgo have a strong history of developing and repositioning hotels in mountain ski markets,” said Mathew Jalazo, director of development at Urgo Hotels.

 “We are patient developers, seeking unique sites with high upside potential.  Urgo and Triumph have been working on this project for over two years, acquiring the shuttered Breckenridge Mountain Lodge, arguably one of the best sites in the market, and then shepherding the project through the extensive permitting process.

“The Residence Inn will be only the second branded hotel in the market and we expect the Marriott flag and exceptional location to give us a compelling competitive advantage,” he added. 

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

Chris Daly, media

chris@dalygray.com

(703) 435-6293

www.triumphdev.com

www.urgohotels.com.