Thursday, April 21, 2016

Englewood Construction Announces Five Restaurant Projects

  
 
William Di Santo
CHICAGO, IL — Englewood Construction, a leading national commercial construction firm, announced its restaurant group has completed two projects and has begun three more in markets across the country.

 Recent completions include a new ground-up Cooper’s Hawk Winery & Restaurant in Ashburn, Va., and a remodel of the famous Ruth’s Chris Steak House in Chicago. 

Ground-up construction projects currently underway by the Englewood team include a Matchbox in Arlington, Va.; a Fleming’s Prime Steakhouse & Wine Bar in Pasadena, Calif.; and Wisconsin’s first Portillo’s, located in Brookfield, Wisc.

“This latest group of projects, which spans both coasts as well as the nation’s heartland, showcases our capability as a national contractor equipped to manage projects wherever our client is doing business,” said William Di Santo, president of Lemont, Ill.-based Englewood Construction.

“We’re also proud to say that each of these projects is the continuation of a strong partnership, whether it’s a brand we’ve already worked with on multiple projects, or a contact who switched firms and brought their relationship with Englewood to their new position. It’s always gratifying and a real testament to our team to see successful client partnerships result in new opportunities.”


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

Sarah Lyons, slyons@taylorjohnson.com, (312) 267-4520

Kim Manning, kmanning@taylorjohnson.com, (312) 267-4527

Marcus & Millichap Handles $1.25 Million Sale of 14-Unit Croissant Park Apartments in Fort Lauderdale, FL


Croissant Park Apartments, 335 SW 20th Street, Fort Lauderdale, FL

 
Derek R. Gibbs
FORT LAUDERDALE, FL – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced the sale of Croissant Park Apartments, a 14-unit apartment property located in Fort Lauderdale, Fla, according to Ryan Nee, regional manager of the firm’s Fort Lauderdale office. The asset sold for $1,250,000 equating to $89,286 per unit.

“Croissant Park Apartments offered an investor the opportunity to purchase a stabilized, well-located asset in the heart of Fort Lauderdale, with the potential of adding value by increasing rents to current market rates,” says Evan Richardson, associate.

Richardson, along with Derek R. Gibbs and Daniel J. Cunningham, associate vice president investments, all in Marcus & Millichap’s Fort Lauderdale office, had the exclusive listing to market the property on behalf of the seller, a limited liability company from Parkland, Fla.  The buyer was a limited liability company from Sacramento, CA. 

Built in 1975 Croissant Park Apartments consists of two, two-story buildings that sit on two adjacent parcels totaling 0.49 acres.  The first building, located at 335 Southwest 20th Street, consists of six, one-bedroom/one-bathroom units, two, two-bedroom/one-bathroom units and two studio units. The second building, located at 1920 Southwest 4th Avenue, consists of four, one-bedroom/one-bathroom units.

Croissant Park Apartments is located at the northeast corner of Southwest 4th Avenue and Southwest 20th Street, a few blocks west of Federal Highway, a half-mile south of Davie Boulevard and a half-mile north of State Road 84, at 335 SW 20th Street.


For a complete copy of the company’s news release, please contact:
                
 Ryan Nee
Vice President / Regional Manager
 Fort Lauderdale, FL

(954) 245-3400

Washington Manor Apartments in Hollywood, FL Sold for $625,000 in Deal Brokered by Marcus & Millichap


Washington Manor Apartments, 1852 Washington Street, Hollywood, FL

 
Evan P. Kristol
HOLLYWOOD, FL  – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of Washington Manor, an 8-unit apartment property located in Hollywood, Fla., according to Ryan Nee, regional manager of the firm’s Fort Lauderdale office. The asset sold for $625,000 equating to $78,125 per unit.

            “Investors continue to target Class C properties in Hollywood where they see opportunity in value-add projects by filling the rent gap between Class A and Class C units,” says Evan P. Kristol, senior vice president investments in Marcus & Millichap’s Fort Lauderdale office. 

“Washington Manor offered an opportunity for an investor to take advantage of the property’s recent renovations and upgrades and stabilize rents to market levels.”

Kristol along with Robert S. Hunter, senior associate, Derek R. Gibbs and Daniel J. Cunningham, associate vice presidents investments, Brandon J. Rex, vice president investments and Evan Richardson, associate, all in Marcus & Millichap’s Fort Lauderdale office, had the exclusive listing to market the property on behalf of the seller, a limited liability company from Fort Lauderdale, Fla.  The buyer is a limited liability company from Fort Lauderdale, Fla.

            Built in 1932 on a 0.25 acre lot Washington Manor consists of two adjacent, two-story buildings with a fenced-in backyard.  The unit mix consists of all one-bedroom/one-bathroom apartments.

The property is situated west of South Federal Highway and south of Hollywood Boulevard at 1852 Washington Street.
  
For a complete copy of the company’s news release, please contact:
                
 Ryan Nee
Vice President / Regional Manager
 Fort Lauderdale, FL

(954) 245-3400

Marcus & Millichap Arranges Sale of Applebee’s in Delray Beach, FL for $2.52 million


Applebee's Restaurant, 15058 Jog Road, Delray Beach, FL

 
Douglas K. Mandel
DELRAY BEACH, FL – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of Applebee's, a 4,755-square foot net-leased restaurant located in Delray Beach, Fla., according to Ryan Nee, regional manager of the firm’s Fort Lauderdale office. The asset sold for $2,525,000 equating to $531 per square foot.

“This Applebee’s was completely remodeled in 2015 and is operated by an experienced franchisee who represents more than 140 restaurants in the United States,” says Douglas K. Mandel, a senior vice president investments in Marcus & Millichap’s Fort Lauderdale office. “We immediately identified potential buyers from across the country, went to contract just two weeks after bringing the property to market and ultimately closed for list price.”

Mandel along with Barry M. Wolfe, first vice president investments and Alan Lipsky, associate, also in Marcus & Millichap’s Fort Lauderdale office, had the exclusive listing to market the property on behalf of the seller, a limited liability company from Parkland, Fla. 

The buyer, a partnership from Clifton, NJ, was secured and represented by Alan Cafiero and Ben Sgambati, vice president investments in Marcus & Millichap’s New Jersey office. 

The 4,755-square foot Applebee’s is an outparcel to Atlantic Square Shopping Center and is surrounded by many national retailers including Home Depot, Dollar Tree, Bed Bath & Beyond and more.  Applebee’s is located at 15058 Jog Road.

For a complete copy of the company’s news release, please contact:
                
 Ryan Nee
Vice President / Regional Manager
 Fort Lauderdale, FL

(954) 245-3400

Lincoln Property Co. Secures SAP as First Tenant; Breaks Ground on The Grand at Papago Park Center in Tempe, AZ


David Krumwiede
TEMPE, AZ– Just as it breaks ground on the first building at The Grand at Papago Park Center in Tempe, Arizona, Lincoln Property Company (LPC) has secured a pre-lease commitment from a major first tenant: leading enterprise application software company SAP America (NYSE: SAP).

SAP is currently located in the Scottsdale Galleria, but will relocate to the first building at The Grand at Papago Park Center as it is completed in January 2017. SAP will occupy the top floor.

The first building totals four stories and 213,056 square feet. It is part of the larger The Grand at Papago Park Center, a major urban mixed-use project by master developer Papago Park Center, Inc.

At build-out, the development will total 60 acres and 3.2 million square feet of mixed-use office, multifamily, hotel, retail and restaurant space surrounding a substantial central water feature. 

It will also provide approximately one-half mile of freeway frontage to the Loop 202/Red Mountain Freeway between Priest Road and Center Parkway.

LPC, with Goldman Sachs, are developing the Phase I office component, which will include 1.8 million square feet of Class A office space in seven buildings. Construction on three parking garages will coincide with the buildings’ development.

“Signing a major tenant like SAP prior to start of construction proves what we already knew – that this is a premier project on a tremendously well-located site,” said Lincoln Property Company’s Executive Vice President David Krumwiede.

“Tenants are still showing a very clear demand for innovative, Class A office product in environments like Tempe. The Grand was designed with this unique mix in mind, and it’s ready to capture the next wave of requirements.”
  
For a complete copy of the company’s news release, please contact:

Stacey Hershauer
focusAZ
Marketing & Public Relations
(480) 600-0195

29th Street Capital Sells 400-unit Property in Iowa City


Rose Oaks Apartments, Iowa City, IA

IOWA CITY, IA  – 29th Street Capital (29SC), a privately-held real estate investment and advisory firm, has sold Rose Oaks Apartments, a 400-unit apartment complex in Iowa City, Iowa. 29SC acquired the property in February of 2014 after purchasing the existing liens and procuring title to the property through foreclosure. The disposition occurred in March.

Rose Oaks is approximately three miles from the University of Iowa, and is situated just off Highway 6, a main thoroughfare. By executing a capital improvement plan, increasing occupancy, and eventually disposing of the property well above the projected sales price, 29th Street Capital successfully created significant value for its investors.

Stan Beraznik
“We are very pleased with the value created at Rose Oaks, it was a great outcome for investors and our company,” said Dan Howard, 29SC’s Vice President of Midwest Acquisitions.  “I am also excited to get back to work finding opportunities closer to our Chicago portfolio that fit well with our value-add strategy.”

29th Street Capital has acquired nine multifamily assets over the past 12 months in markets including Houston, Texas; Denver, Colorado; Durham, North Carolina; Hayward, California; and Phoenix, Arizona. 

The firm will continue to pursue value-add deals, which fall below the institutional radar, with the goal of offering investors above-market returns.

Formed in 2009, 29SC has acquired over 7,400 units across its nine offices in the United States, with the current portfolio consisting of over 6,000 units. Equity investments are typically of the order of $2 to $10 million, and involve the acquisition or recapitalization of real estate assets, portfolios or platforms. Learn more about the firm at www.29thstreetcapital.com.
  
For investment inquiries, contact:
Stan Beraznik, Founder and Managing Principal at 29th Street Capital

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

Terri Thornton
Partner, Thornton Communications
p:404-932-4347 | e:Terri@TerriThornton.com | w:www.TerriThornton.com

http://www.facebook.com/pages/Thornton-Communications/112101288827299 http://twitter.com/Ttho http://www.linkedin.com/in/TerriThornton

Seller of Hinesville, Ga. Tattersall Village Apartments, Donates $12,500 to Red Mountain Grace



From left:   Aaron Amick with BF/EBSCO Hinesville LuAnne Ross of JMG Realty, Leslie Yielding with BF/EBSCO, Jason Carroll of Red Mountain Grace, David Oakley and David Etchison with Berkadia


David Etchison
BIRMINGHAM, AL  --- Berkadia recently negotiated the sale of Tattersall Village, a 222-unit, upscale apartment community located in the city of Hinesville, Georgia, one hour southwest of Savannah.

David Oakley and David Etchison with the Alabama Office, Mark Boyce with the Carolinas Office, and Paul Vetter and Andrew Mays with the Georgia Office of Berkadia Real Estate Advisors, LLC represented the seller, BF/EBSCO Hinesville, LLC. The purchaser was Pillar Income Asset Management, Inc.

As part of their collaboration with Berkadia Real Estate Advisors, BF/EBSCO Hinesville LLC made a donation to Red Mountain Grace upon the sale of Tattersall Village.

 Red Mountain Grace is a Birmingham, Alabama based not-for-profit dedicated to helping out-of-town caregivers and patients that are receiving extended medical treatment in the area. 

Berkadia and BF/EBSCO Hinesville, LLC appreciate the opportunity to help the 27 families that will benefit from this contribution. 

David Oakley
Red Mountain Grace is a faith-based organization founded in 2013 and is available for families of patients, regardless of age and reason for hospitalization.

Berkadia, a joint venture of Berkshire Hathaway and Leucadia National Corporation, is an industry-leading commercial real estate company providing comprehensive capital solutions and investment sales advisory and research services for multifamily and commercial properties.



 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

Wednesday, April 20, 2016

Leading Manufacturer and Distributor of Survival Equipment Relocates from Miami-Dade to Broward County, FL


Lauren Pace
FORT LAUDERDALE, FL  – Survitec Survival Products, Inc. has relocated from Medley to the Miramar Park of Commerce, the largest locally owned and managed business park in South Florida.

With the move, Survitec Survival Products expanded its space by 10,000 sq. ft., leasing 26,763 sq. ft. in MPC-28 at the Miramar Park of Commerce. 

From the new facility, the company will supply and maintain life-saving equipment including marine evacuation systems, life rafts and lifeboats for the cruise industry in South Florida.

“As a maritime survival and safety products supplier and service company, the new site is conveniently located between Port of Miami and Port Everglades,” said Survitec Group Americas Director of Operations Kris Kerr. “In addition, the Miramar Park of Commerce provides a convenient, cost-effective and beautiful setting to conduct business.”

Maridee Bell



For South Florida’s commercial and recreational markets in the marine industry, the facility will provide and service equipment including personal floatation devices, distress signals, immersion suits and electronic beacons. 

“Survitec Group plans to use this site as a launching pad for an increased portfolio of marine services,” said Kerr.

“Since moving to Miramar, Survitec Group has acquired Survitec Survival Craft (SSC), formerly Fort Lauderdale’s Survival Craft Inspectorate, and plans to begin the integration of SSC into the Miramar facility within the calendar year.”

Carlos Velasquez of Vivo Real Estate Group represented Survitec and Maridee Bell and Lauren Pace of Sunbeam Properties, developer of the Miramar Park of Commerce, represented the Park in the transaction.


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

Contact: 954-776-1999
Pierson Grant Public Relations
Lexi Robinson, ext. 255



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Marina at Keppel Bay and Bellingham Marine to be conferred the PIANC Marina Excellence Design Jack Nichol Award 2016 in Singapore


Trevor Fong

SINGAPORE  – Marina at Keppel Bay has become the first marina in Asia to be conferred the Marina Excellence Design Jack Nichol Award by The World Association for Waterborne Transport Infrastructure (PIANC), beating other international marinas from Turkey, Croatia and Italy to clinch the title. 

The award was presented  in a ceremony held at the Asia Boating Forum 2016.

Receiving the award on behalf of Marina at Keppel Bay was Mr. Trevor Fong, GM, Marina at Keppel Bay.

 He said, “Since our establishment in 2008, the team at Marina at Keppel Bay has been working hard to forge ahead to improve and upgrade our marina infrastructure. At the same time, in caring for the environment, we also benchmark ourselves against the highest standards of environmental stewardship.

“We are heartened that our efforts have garnered Marina at Keppel Bay international recognition. This award will spur us on in our journey towards achieving even higher standards in the Marina’s functionality and environmental sustainability for all our stakeholders, as well as the wider yachting community.”

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

Hwee Peng Yeo
Vice President, Asia Markets
Glodow Nead Communications
San Francisco • New York • Singapore • Shanghai
Level 21, Centennial Tower, 3 Temasek Avenue • Singapore 039190
Level 15, One Corporate Avenue, 222 Hubin Road, Shanghai China, 200021
1700 Montgomery Street, Suite 203 • San Francisco, CA • 94111
Asia: 65.9768.6087  US:415.394.6500 • E: hweepeng@glodownead.com


杨慧萍
副总裁
博德纳公关咨询公司
Centennial Tower 21层,Temasek Avenue 3号, 新加坡邮区039190
上海湖滨路222号企业天地一号15层,中国邮编20021
E: hweepeng@glodownead.com




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Core5 Industrial Partners Adds Industry Veterans to Employee Lineup; James Gaddy and Rodney Davidson join the Team


James Gaddy
ATLANTA, GA, April 20, 2016 – Two veteran industrial real estate professionals, announced today that they will be joining Core5 Industrial Partners, a real estate property company focused on development and acquisition of Class A industrial properties. 

James Gaddy joins Core5 as Senior Vice President and Managing Director after spending 20 years in the industrial real estate field. 

His chief focus will be business development and capital deployment for all major distribution markets outside the Southeastern United States, including land acquisition, entitlement and development, in addition to sourcing value-add acquisition opportunities.

“Core5 is looking to expand into all key logistics markets during the next three years, states Gaddy. They already have a nice foothold in the Southeast. They have tremendous growth opportunity in other markets where I have deep working relationships. I look forward to helping them enlarge their presence.”


Rodney Davidson
Also recent to Core5 is Rodney Davidson, a 25+ year real estate veteran who joins the team as Vice President Investments to lead marketing, leasing and property management efforts for speculative buildings and build-to-suit projects throughout the Southeastern US.

 Rodney will focus on marketing, leasing and property management oversight, including procurement and management of third party broker and property management relationships.

“The Core5 team is comprised of well-respected, sharp individuals who have made a name for themselves in commercial real estate. I feel honored to join their ranks and to assist the team as the company grows.”


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

Rita Skaggs
RED DART Real Estate Consulting
404.788.3231



America’s Top Business Women Promote Conversation on Women’s Advancement in Atlanta, GA


Sharon Byers
ATLANTA, GA (April 20, 2016) – With all the challenges women at work face still today – how can a woman create her best career and live her best life?

The women’s business advocate LittlePINKBook.com brings together top leaders, including Sandy Douglas, the EVP and President of Coca-Cola, North America to answer such questions via a male perspective during the annual spring networking luncheon on May 24, 2016 from 10:30 a.m. - 2:00 p.m. at Atlanta Sheraton Hotel downtown.

Additional Panelists Include:

Sharon Byers, CDO, American Cancer Society
Jill Campbell, COO, Cox Communications
Shan Cooper, Chief Supply Chain and Technology Officer, WestRock
Opening remarks by Susan Johnson, CMO, SunTrust
Moderated by Daryn Kagan, Author, TV Anchor

Jill Campbell
Sponsors Include: The Coca-Cola Company, Sheraton Atlanta Hotel, SunTrust, Dunkin’ Brands, Inc., and Atlanta Homes & Lifestyles.





To learn more and register for Spring Event, please visit: https://www.eventbrite.com/e/pinks-annual-spring-womens-business-lunch-tickets-22499417363.

 In addition to the luncheon, guests will be able to network thanks to Pathbuilders and shop as W by Worth will show off stylish clothing for working women.

Now in its seventh year, PINK Spring into Success will address significant issues facing today’s working women and provide attendees opportunities to mingle and build connections. Guests will have the chance to network with other like-minded women, meet valuable contacts and contribute to the dialogue.

Shan Cooper





The event will cover topics such as negotiating pay, leaving the “comfort zone,” and working toward equality in the workplace – and in life. 

The presenters and panelists come from leadership positions at some of the country’s most respected companies and are ready to share ideas for balancing a successful career with a meaningful, beautiful, and full life.

Little PINK Book is the top events and digital platform for America’s 72 million motivated, bright working women who are eager to advance their careers and improve their lives.

Events, social media, videos, blogs, monthly newsletters and more, provide the guidance of a mentor, career coach, financial advisor, entrepreneurial expert and office style maven. See littlepinkbook.com for more.

 There has never been a more important time to address such issues and spark change. Consider this:

* The pay gap, at 79 cents on the dollar, narrowed by only a penny since 2012. (DOL)

* While 85 percent of American women believe in gender equality, only 18 percent consider themselves feminists. (Vox)

* Just 31 percent of female millennials aspire to the C-Suite compared to 68 percent of older women. (Saba)

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

ANDI
HILL
ACCOUNT DIRECTOR
LIZ LAPIDUS PR
O | 404-688-1466
C | 404-457-7368
FOLLOW US @lizlapiduspr
FOLLOW ME @andihill51979
772 Edgewood Ave, NE

Atlanta, Georgia 30307

Tuesday, April 19, 2016

David Rosato hired as Senior Vice President of JLL Phoenix Project & Development Services Team


 
David Rosato
PHOENIX, AZ, April 19, 2016 – The Phoenix office of JLL has hired David Rosato as Senior Vice President and new leader of its growing Phoenix Project & Development Services (PDS) group. The PDS group provides consultation, project management, design and construction management services for projects ranging from office to industrial to retail.

In his new position, Rosato manages the Phoenix PDS team and almost 70 active local jobs valued at approximately $125 million. His additional responsibilities include strategy implementation, designer and contractor evaluation and selection, budget analysis and contract review and negotiations.

“Phoenix is a hot spot for business expansion, and that keeps experts like Dave in high demand,” said Pat Williams, JLL Managing Director and head of its Phoenix Tenant Representation group. 

“Dave understands that a company’s physical space is critical to their success. He listens to their needs, then works with his team to turn that vision into executable design and construction. These are great skills that we are excited to bring to our Phoenix clients.”

Rosato began his career at JP Morgan Chase, advancing to the role of Market Director of Construction. He then spent ten years at the Phoenix office of CBRE, specializing in the occupier and tenant rep business. Notable project development experience includes the Pepsi Distribution Center in Phoenix, GM IT Innovation Center in Chandler, GAP Distribution Center in Phoenix, PNM Resources headquarters in Albuquerque and IASIS Healthcare headquarters in Phoenix.

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

Stacey Hershauer
focusAZ
Marketing & Public Relations
(480) 600-0195

MHA Brokers Sales of Two Triad Region Apartment Communities in North Carolina for a Total of $27.1 Million

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Chesterfield Apartments
CHARLOTTE, N.C. (Apr. 19, 2015) - Multi Housing Advisors (MHA) has arranged, in separate transactions, the sales of two apartment communities located in the Triad Region of North Carolina. Marc Robinson, Jordan McCarley and Watson Bryant of MHA’s Charlotte office represented the sellers in the transactions.

“As the Triad continues to expand its economy, embracing industries as diverse as aerospace, bioscience and logistics, the multifamily market remains steady,” Robinson said. “Investment capital has taken notice as Triad job growth remains positive and rent growth healthy.”

Details of the deals are below:





Spring Forest at Deerfield Apartments
·        Cottonwood Residential sold Spring Forest at Deerfield to Peak Capital. The 192-unit property was built in 2002 and is strategically located along Interstate 85 in an area commonly referred to as the “Carolina Corridor”, which connects two of the fastest growing metro areas on the East Coast.

·        Brown Investments sold Chesterfield to an undisclosed buyer. The 294-unit property was built in 1980 and 1983. 

The property is conveniently located in Winston-Salem next to major employment opportunities and retail destinations such as the Forsyth Medical Center, Wake Forest University Baptist Medical Center, and Hanes Mall.

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

Deborah Rogers
Multi Housing Advisors
404.645.7275


Hold-Thyssen Negotiates Leases totaling over 4,630 square feet of retail space at Hiawassee Plaza in Orlando, FL


N. Joelle Forster

ORLANDO, FL--- Hold-Thyssen, Inc. recently completed lease agreements for two current and one new tenant at Hiawassee Plaza, 6801 W. Colonial Drive, Orlando.  The combined leased space totals 4,634 rentable square feet.  

The Hold Thyssen leasing team of Martin Forster CCIM and N. Joelle Forster negotiated the transactions, representing the landlord at Hiawassee Plaza, a 58,624 square foot retail and office center.  The leases include:

Martin Forster
A new lease of 1,264 square feet to Scholars Prep Academy, Inc., a charter school; and

a lease renewal agreement with Gabriel Health Institute, where certified nurse assistants train for licensing, for 956 square feet of existing space as well as an expansion lease for an additional 963 square feet; 

The Forster team also completed a lease extension agreement with Dr. Theyyar Rangarajan, a dental practitioner, for the 1,133 square feet he currently leases, plus an expansion agreement for a further 318 adjacent square feet.   

Hold-Thyssen provides commercial property brokerage, leasing and management services to institutional and private investor clients nationwide.  The 40-year old firm’s current management portfolio includes more that 100 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


Hold-Thyssen Negotiates Sale of Medical Office Condo at Bayonet Point in Hudson, FL for Cardiology Practice

  
Carol Kinnard
CLEARWATER, FL --- Hold-Thyssen, Inc., a commercial property firm based in Winter Park with offices in Clearwater, recently completed the sale of a medical / professional office condo in the Bayonet Point Medical/Office Building at 14100 Fivay Rd. in Hudson. 

Carol Kinnard, medical office specialist in the firm’s Clearwater office brokered the transaction on behalf of the Seller Dr. Rodolfo Dy and Rosemarie Dy and the Buyer Dr. Vinod Raxwal, a cardiologist with Access Healthcare Physicians LLC. 

The buyer had occupied the 1,227 square foot suite for two years as a tenant upon establishing his practice with HCA-Bayonet Point Hospital in 2014, then ultimately ended up purchasing the unit. 

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