HFF expands debt placement team in its Washington, D.C. office

Nicole Brickhouse

WASHINGTON, D.C. –– Holliday Fenoglio Fowler, L.P. (HFF) announced it has expanded its debt placement team in its Washington, D.C. office with the hiring of managing director Dan Martin, senior directors Christopher Hew and Jamie Leachman and the promotion of Nicole Brickhouse to director.

 The team will focus on debt and equity placement origination in the Mid-Atlantic with a specific focus of multi-housing and agency transactions by Mr. Leachman and Ms. Brickhouse.

Mr. Martin has more than 20 years of commercial real estate experience and joins HFF from Walker & Dunlop where he was a senior vice president in their mortgage banking group. 

Sue Carras

 Prior thereto, he spent 17 years with GE Capital Real Estate.  Mr. Martin is a member of the Mortgage Bankers Association and the National Association of Office & Industrial Properties.  He holds a Master in Business Administration from George Mason University and a Bachelor of Science from the University of Maryland.

Mr. Hew also joins HFF from Walker & Dunlop and prior to that, GE Capital Real Estate.  He brings with him more than 12 years of commercial real estate finance experience.  Mr. Hew graduated from Johns Hopkins with a Master of Science in Real Estate and from Southern Connecticut State University with a Bachelor of Science. 

Mr. Leachman has more than 13 years of commercial real estate experience and most recently worked with Newmark Knight Frank as a managing director.  Prior to that, he was a partner on the debt and structured finance team at CBRE.  Mr. Leachman holds a Master of Business Administration from Darden School of Business and a Bachelor of Science from the University of Virginia.

Ms. Brickhouse has been with HFF since 2013 and has more than seven years of commercial real estate finance experience.  Prior to joining the firm, she was a sustainability project manager at Cassidy Turley.  She is an active member of Commercial Real Estate Women (CREW), National Association of Industrial and Office Properties and she is a committee member for Real Estate Emerging Leaders.  Ms. Brickhouse has a Master of Real Estate from Georgetown University and a Bachelor of Arts from American University.

 “We are really excited to expand our team with Dan, Chris, Jamie and Nicole, four individuals who not only bring with them a wealth of experience across all property types and financing options, but who are also culturally a great fit for the firm and our office,” said Sue Carras, senior managing director and co-head of HFF’s Washington, D.C. office.

For more information on this press release, please contact:

Kristen M. Murphy

Director, Public Relations

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 announces $21.1M sale of community shopping center in Toms River, NJ

 

Commons at Hooper Shopping Center, Toms River, NJ

A. Mitchell Greene

 LORHAM PARK, NJ –– Holliday Fenoglio Fowler, L.P. (HFF) announces the $21.1 million sale of Commons at Hooper, a 120,349-square-foot community shopping center in the coastal community of Toms River, New Jersey.

The HFF team marketed the property in connection with bidding procedures approved by the United States Bankruptcy Court for the Southern District of New York in the Chapter 11 case of AC I Toms River LLC, which entity was represented by A. Mitchell Greene, Esq. of the law firm of Robinson Brog Leinwand Greene Genovese & Gluck P.C.  

Unison Realty Partners in partnership with ALTO Real Estate Funds purchased the asset free and clear of existing debt.

The 86-percent-leased Commons at Hooper is home to 21 tenants, including Michaels, DSW, Dollar Tree, Mattress Firm, Dress Barn, The UPS Store, Avenue, Sally Beauty, Jersey Mike’s and Citi Financial.  The center was built in 1987 and has a pad site for future development. 

Commons at Hooper is situated on 14.63 acres at 1350 Hooper Avenue, a major retail corridor in Ocean County with an average daily traffic volume of approximately 40,000 vehicles per day.  An estimated 61,377 residents earning an average annual income of more than $90,000 live within three miles of the center.

Jose Cruz

The HFF investment sales team that represented the seller included senior managing director Jose Cruz, managing director Kevin O’Hearn, senior directors Michael Oliver and Stephen Simonelli and director Marc Duval.

“The value-add opportunities in well-located retail markets in the Garden State are in very high demand these days,” Cruz said. “This deal has a significant amount of upside in the leasing and potential repositioning.”

Holliday Fenoglio Fowler, L.P. and Holliday GP Corp, are licensed New Jersey real estate brokers.

For more information on this press release, please contact:

Kristen M. Murphy

Director, Public Relations

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.alto-investments.com

www.unisonrealtypartners.com

HFF expands Phoenix investment sales team with hiring of director Ben Geelan

Ben Geelan

PHOENIX, AZ –– Holliday Fenoglio Fowler, L.P. (HFF) announced it has hired Ben Geelan as a director in its Phoenix office.  Mr. Geelan will focus on office and industrial sales in the Greater Phoenix and Southwest region.

Mr. Geelan joins HFF from Cushman and Wakefield where he was a member of a four-person investment sales team specializing in office and industrial dispositions throughout Arizona.  Prior to that, he was an analyst in the research department of Cassidy Turley BRE.

 Mr. Geelan is an active member of Urban Land Institute and the National Association of Industrial and Office Properties.  He holds a Juris Doctor degree from Valparaiso University School of Law and a Bachelor of Arts from University of Iowa. 

“As we continue to build out our Phoenix operation, we look for individuals who embody the culture of HFF and can provide a value add to the brand and our clients.  Ben does just that – he will provide our clients with dedicated office and industrial disposition expertise and is culturally, a perfect fit for the team,” said Jeremy Womack, senior managing director and co-head of HFF Phoenix.

Holliday Fenoglio Fowler, L.P. ("HFF") is a licensed Arizona real estate broker.

For more information on this press release, please contact:

Kristen M. Murphy

Director, Public Relations

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 hires Rebecca Van Reken as a managing director in its Orlando, FL office

Rebecca Van Reken

ORLANDO, FL – Holliday Fenoglio Fowler, L.P. (HFF) announced it has hired Rebecca Van Reken as a managing director in its Orlando office.  Ms. Van Reken will focus on originating debt and equity placement transactions in the southeastern United States.

Ms. Van Reken has more than 15 years of commercial real estate finance and capital markets experience and joins HFF from A10 Capital, where she was an executive vice president. 

Michael Weinberg

Prior to that, she spent nearly 10 years at CapitalSource, the commercial lending division of Pacific Western Bank, where she rose through the ranks from an associate in the real estate lending group to an investment officer. 

Ms. Van Reken began her career at CNL Financial Group as a research analyst.  She has a Master of Business Administration degree from Rollins College and a Bachelor of Arts from Calvin College in Michigan. 

“We are excited about the addition of Rebecca to the HFF Orlando structured finance team,” said Michael Weinberg, senior managing director and co-head of HFF’s Orlando office.  “She brings a lot of experience, along with an extensive nationwide network of institutional, regional and local real estate debt and equity contacts.”

For more information on this press release, please contact:

Kristen M. Murphy

Director, Public Relations

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

Nationally Distinguished Mortgage Originator Harinder “Indy” Johar Joins Draper and Kramer Mortgage Corp.

Harinder 'Indy' Johar

FRANKLIN, MA – Draper and Kramer Mortgage Corp. (DKMC), one of the Top 75 Mortgage Companies in America, announces that one of the nation’s top-producing mortgage originators, Harinder “Indy” Johar, has joined the company as director of residential lending, based in DKMC’s Franklin, Mass., branch.

A mortgage professional since 1998, Johar is highly distinguished in the industry. Scotsman Guide, a leading trade journal, has ranked him among the top 25 mortgage originators in the country by loan volume since 2010, and he was No. 1 in the publication’s national ranking for most loans closed in 2012. 

Johar, who originated more than $250 million in loans in 2016, is a member of Mortgage Professional America’s 100 Million Dollar Club and was named to its 2014 "Hot 100" list.

“This is a big move for me, and I’m excited to be making it,” said Johar. “I work with hundreds of clients a year and am on the job seven days a week, so making a transition like this is not a casual decision. I’ve done my homework and am confident Draper and Kramer Mortgage Corp. is where I can find the best support for my business and the best financing options for my clients.”

Paul Lueken

Johar is accompanied at his new position by several other top-producing greater Boston area loan officers.

“We’re truly honored to have Indy as part of our team,” said Paul Lueken, CEO of Downers Grove, Ill.-based Draper and Kramer Mortgage Corp. “His incredible record and reputation speak for themselves. He could have chosen any mortgage company to work with, so it’s a huge endorsement of who we are and what our firm offers that he joined us.”

The addition of Johar is a notable development in DKMC’s ongoing recruitment and expansion efforts nationwide. With over 40 branches across the country currently, the lender is on pace to add over a dozen locations in 2017. In addition to entering the Boston market in late 2016, the company has recently established a presence in Washington, D.C.; Tennessee; Kentucky; Missouri; Texas; California; and Oregon.

For more information on this press release, please contact:

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

Abe Tekippe, atekippe@taylorjohnson.com (312) 267-4528

George Smith Partneers Continues Its Expansion With the Addition of Commercial Real Estate Veteran Alina Mardesich

  

Alina Mardesich

LOS ANGELES, CA – Commercial real estate investment banking firm George Smith Partners is growing rapidly. On the heels of announcing two new Co-Managing Directors, as well as two new VP appointments, the firm has announced the addition of industry veteran Alina Mardesich as Senior Vice President.

Shahin Yazdi

“We have assembled a team of talent that is enviable in the market,” says Shahin Yazdi, a Principal and Co-Managing Director of the firm alongside Principal Jonathan Lee.  

“Alina has more than 25 years of expertise in commercial real estate finance and a strong background in loan originations, deepening our firm’s capabilities in a sector where we already have a stronghold.”

According to Yazdi, “George Smith Partners is building from a place of strength, which translates to tremendous benefits to our clients and colleagues.  

"As we increase both our team size and our geographic reach, we are able to draw upon our track record of diverse structuring experience and vast lender relationships in order to both uphold and exceed expectations as we look to the future of the market.”

Mardesich, who will join George Smith Partners as a Senior Vice President this month, is key to this future growth, according to Lee.

“The capital markets sector requires deep knowledge and proficiency from each and every professional, which makes each individual who joins our firm crucially important,” Lee explains.

Jonathan Lee

With a tenured career spanning several key positions with firms such as Archon Group, Fremont Investment & Loan, and U.S. Bank, among others, Mardesich possesses a disciplined and proficient ability to understand and navigate complex opportunities in order to secure competitive financing for assets of all product types.

“With my experience in the industry, including an excellent relationship with GSP for more than 20 years, being an intermediary between capital sources and owners, operators and developers seeking financing strategies is a natural next step for me,” Mardesich says.  

“Having the ability to do that at George Smith Partners delivers a full range of solutions to my clients, while providing me with an entrepreneurial environment that is both supportive and motivating.”

Prior to joining George Smith Partners, Mardesich served as a Senior Advisor to Oaktree Capital Management, where she arranged financing for value-add and transitional assets throughout the West Coast.  During her career, she has arranged more than $2.5 billion in financing. 

Mardesich holds a Bachelor of Science degree in Real Estate and Finance from the University of Southern California.

For more information on this press release, please contact:

Katie Clendening / Miki Akil

Brower, Miller & Cole

(949) 955-7940

kclendening@browermillercole.com

Marcus & Millichap Arranges $1 Million Sale of Pizza Hut Site in Naples, FL

                                                   

James Medefind

NAPLES, 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 Pizza Hut, a 2,520-square foot net-leased property located in Naples, FL according to Ari Ravi, regional manager of the firm’s Tampa office. The asset sold for $1,009,000.

James Medefind and Jim Shiebler, investment specialists in Marcus & Millichap’s Tampa office, had the exclusive listing to market the property on behalf of the seller, a private investor.  Pizza Hut is located at 3010 Tamiami Trail East in Naples, FL.  James and Jim generated multiple offers for the property within just two weeks of being on the market. The property sold for 98 percent of list price.

Demonstrating Marcus & Millichap’s international reach, the buyer was sourced from the Netherlands. The investor has targeted the Naples submarket for commercial investment properties and is expanding their Southwest Florida portfolio. The investor selected the property for the irreplaceable Naples real estate with frontage on U.S. Route 41.  The buyer is also pleased with the large annual rent increases and the fact that it is operated by the nation’s largest franchisee.

For more information on this press release, please contact:

Ari Ravi

Regional Manager, Tampa

(813) 387-4700

NAI Realvest Negotiates 2 New Leases for Industrial Space totaling more than 15,125 square feet in Sanford, FL

Michael Heidrich

ORLANDO, FL – NAI Realvest recently completed two new lease agreements for industrial space totaling more than 15,125 rentable square feet at Sanford industrial centers.    

Michael Heidrich, a principal at NAI Realvest negotiated the transactions representing the landlords. 

Distributor Operations, Inc. leased 13,125 square feet at 4140 Flex Court in Monroe CommerCenter South.  The tenant, who was represented by Monica Wonus of CBRE, serves the U.S. providing batteries for cameras, laptops, phones and other devices.    

Real estate development firm Cardinal Enterprises LLC leased 2,000 square feet at 2340 W. Airport Blvd.   The landlord is Maitland based Commerce Way, Ltd.    The tenant was represented by Clark Brandt of The Bywater Company.

For more information on this press release, please contact:

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

NAI Realvest Negotiates Sale of Two Parcels Combining 198.89 Acres of Agricultural Land in East Orange County, FL for $2.2 Million

George Viele

Christmas, FL – NAI Realvest recently completed sales of two land parcels in Christmas, Fla. centrally located between Orlando and Titusville.  The sales included agricultural land totaling 198.89 acres at the total price of $2,199,996.00. 

NAI Realvest Associate George Viele negotiated the two transactions representing Seller Barber Farms, Inc. of Belle Isle, Fla. 

The buyer, Fort Christmas Acres, LLC of Orlando, purchased 135.47 acres at 23018 Fort Christmas Rd. for $1,498,456 and a contiguous 63.42 acres at 1664 N. Fort Christmas Rd. for $701,540.     The property has 4,700 feet of frontage on Fort Christmas Rd. 

For more information on this press release, please contact:

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

Passco Companies Acquires Class A Transit-Oriented Multifamily Community in Dense and Growing Job Region, Alexandria, VA for $112.75 Million

The Parker Apartments, Fairfax County, Alexandria, VA

 Alexandria, VA – Passco Companies, a privately-held California based real estate company that specializes in the investment, acquisition, development and management of commercial properties throughout the U.S., has acquired The Parker, a 360-unit multifamily community built in 2016 in Fairfax County, Alexandria, Virginia, a region experiencing exceptional job growth.

Gary Goodman

“Fairfax County, and the city of Alexandria, both provide ideal multifamily market fundamentals,” says Gary Goodman, Senior Vice President of Acquisitions at Passco. 

“The region features a combination of strong job growth, low vacancy rate, high-wage earning population, and a minimal supply of competing multifamily assets. These are the key demand drivers we look for with any new acquisition.”

Goodman explains that Forbes Magazine, recently ranked Fairfax County, as the third wealthiest county in the nation.

“These first-class demographics of the region indicate the future economic growth of the area and position The Parker to benefit for the long term,” says Goodman

The apartment community is located at 2550 Huntington Avenue, Alexandria, Virginia. David Nachison of Eastdil Secured represented the seller, a joint partnership between AEW Capital Management, on behalf of one of its closed-end funds, and MRP Realty, and Passco Companies as the buyer in this transaction.

Chris Black and Caleb Marten of KeyBank Real Estate Capital’s Commercial Mortgage Group arranged acquisition financing for Passco Companies through Fannie Mae.

According to Goodman, Alexandria’s unemployment rate of 3.5 percent, coupled with new workplace facilities under construction for expanding companies, translates to an increasing population for the submarket, which will increase demand for multifamily product.

David Nachison

The Parker is strategically located at the Huntington Metro Station, offering direct connectivity to employment centers throughout North Virginia and Washington, D.C. Downtown Washington D.C., encompassing 152 million square feet of office space, is eight metro stops north of the asset.

The Parker is also a 10-minute walk from the Patent & Trademark Office (PTO), which employs 12,600 people. In addition, the National Science Foundation (NSF) recently moved to the neighborhood, bringing an estimated 2,400 new employees to the area.

 “The asset’s proximity to transportation and major employment hubs makes it easy for residents to commute to and from work and ensures the community’s long-term demand,” adds Goodman.

“Based on its unparalleled location and the lack of competition, The Parker is ideally positioned to increase in value based on the growing demand for multifamily residences in the area,” adds Goodman.

According to Goodman, at the time The Parker was purchased, the asset was 92-percent occupied.

The Parker features luxury multifamily amenities including two landscaped courtyards complete with gas grills and outdoor TVs, a resort style swimming pool and sundeck, a virtual sport simulation room, a 24-hour fitness center, a bike trail and outdoor fitness station, and a dog park and washing station, among others.

Chris Black

The acquisition of The Parker is Passco’s second acquisition in the Washington D.C. metro. In 2016, the firm acquired The Shelby, a Class A, 240-unit multifamily community.

“The Washington D.C. metro is a region that is well-aligned with our ongoing strategy to acquire quality assets in strong growth markets,” says Goodman. “We continue to find significant value here and plan to acquire more properties throughout the region in the coming months.”

For more information on this press release, please contact:

Lauren Burgos or Lexi Astfalk

Brower, Miller & Cole

(949) 955-7940

makil@browermillercole.com

www.mrprealty.com

www.aew.com

www.passco.com

Rendering One of Planned Westin Anaheim Resort, Anaheim, CA 

ANAHEIM, CA  – Orange County-based Lifescapes International has been selected to design the landscape environment for the recently announced $245 million development of the Westin Anaheim Resort, a four-diamond resort by local developer Wincome Group.

“This is a monumental project for the City of Anaheim, which drew a record 23 million visitors last year,” says Dan Trust, Executive Vice President and COO of Lifescapes International. “The city is investing substantially in its resort corridor, and we are pleased to bring our seasoned experience in creating iconic destinations to this new project.”

Rendering Two of Planned Westin Anahaim Resort

Lifescapes is known for designing the landscapes of some of the world’s most iconic hotels, including the Bellagio Resort & Casino, Margaritaville Hollywood Beach Resort, Fontainebleau Miami Beach (remodel in 2008), and the Wynn Las Vegas, among many others.

“We understand that today’s consumers expect luxury amenities that integrate seamlessly into a destination’s overall look and feel,” Trust explains.  “For that reason, we will create a design that is both luxurious and functional, delivering an inviting environment that guests will enjoy for years to come.”

Rendering Three of Planned Westin Anaheim Resort

According to Paul Sanford, CEO of Wincome Group, “We knew that working with such a high caliber company as Lifescapes International would bring value to this project.  Their designs bring a sense of luxury and sophistication that is required for a 4-diamond hotel.”

The Westin Anaheim Resort will offer more than 600 rooms situated within a 630,000 square-foot environment, rich with lavish landscaping and elegantly-designed, social gathering spaces.

Al Amador, Senior Principal/Project Designer for Lifescapes and the lead designer on this project, explains, “We are building on the developer’s vision, which is to create a haven of luxury and a hub of excitement for tourists and staycationers alike.” 

Al Amador

Leveraging the resort’s close proximity to Disneyland and Disney’s California Adventure, Lifescapes will design a luxurious rooftop deck where guests can enjoy park views and nightly fireworks shows, according to Amador.

“Urban rooftop decks have emerged as one of the hottest design trends of this decade, and our expertise in creating entertainment-driven, immersive rooftop environments is unmatched,” Amador says.

The new deck will feature ample banquette seating nestled around modern fire pits, with portable shade structures and furniture that can accommodate public gatherings as well as private parties, weddings, or corporate events. 

“On the roof, we plan to integrate a long, linear raised water feature with floating planters, bringing a visual texture to the deck’s comfortable elegance,” Amador says.

Lifescapes will also design the four-diamond luxury resort’s new pool area, including two expansive pools and a luxurious spa surrounded by lush greenery and lounge furniture.

“Anaheim attracts both families and individuals seeking fun and relaxation, and our design will offer both,” notes Amador.  “The main pool will focus on luxury, complete with private cabanas and an elite look and feel, while the secondary pool focuses on family fun, complete with an overhead structure for shade and a nearby restaurant with seating areas overlooking the pool.”

Dan Trust

Lifescapes will also design a unique motor court for the new resort, featuring specialty paving in a custom design with ample lanes for traffic. 

“Smooth, comfortable arrivals are essential to the luxury experience, and this upscale and thoughtful motor court will deliver efficiency combined with style,” explains Amador.

The motor court will feature an on-grade fountain with a stunning water feature which, according to Amador, can be turned off to allow cars to park or drive over it when needed.

The Westin Anaheim Resort is located at 1030 W. Katella Avenue in Anaheim, California, just south of the Disneyland Resort and west of the Anaheim Convention Center, which recently underwent a $190 million expansion project.

In addition to Landscape Architect, Al Amador, Lifescapes’ design team on the project includes Roger Voettiner, Vice President of Design; Mike Meyers, Sr. Project Director; Fernando Ortiz, Project Manager; and Berj Behesnilian, Field Art Director.

Michael Hong Architects will serve as the architect on the project, with HED serving as Architect of Record.  Interiors will be designed by Dianna Wong Architecture & Interior Design, while GLUMAC will oversee engineering/MEP and Englekirk handles structural engineering.

Lifescapes International is an internationally recognized landscape architectural firm that has become an influential force in the industry through its design of innovative, creative, and trendsetting landscape environments.  For nearly 60 years, the company has remained true to its mantra: “We Create Gardens People Love.” SM

For more information on this press release, please contact:

Miki Akil or Lexi Astfalk

Brower, Miller & Cole

(949) 955-7940

makil@browermillercole.com

www.lifescapesintl.com.

Strategic Student & Senior Housing Trust Acquires The Domain at Tallahassee Near Florida State University

H. Michael Schwartz

Tallahassee, FL, Sept. 29, 2017) – Strategic Student & Senior Housing Trust, Inc., a private real estate investment trust sponsored by SmartStop Asset Management, LLC (SmartStop), announced today its acquisition of The Domain At Tallahassee, a 125-unit, 434-bed student housing property located one block from the campus of Florida State University in Tallahassee, Florida.

The acquisition is the second for Strategic Student & Senior Housing Trust, raising its portfolio value to approximately $104.5 million, based on aggregate purchase price.

“The Domain at Tallahassee is a purpose-built, newly constructed and 100 percent leased student housing community located just a short walk away from Florida State University, which has more than 41,000 students,” said H. Michael Schwartz, chief executive officer of Strategic Student & Senior Housing Trust.

“The amenities-rich, Class A property features a modern suburban-wrap design, and fits well with our acquisition strategy of acquiring core, stabilized student housing assets adjacent to Tier 1 universities.”

John Strockis

Located at 700 W. Virginia St. on 3.71 acres of land, The Domain at Tallahassee is one block from campus, offering students easy access to the Student Union, Business School and North Campus Library and Learning Commons. Floor plans range from one to four bedrooms and each fully furnished unit includes one bathroom per bedroom parity for enhanced privacy.

 Community amenities include secure access, a 24-hour fitness facility, resort style pool, computer center, private study rooms, coffee bar and more. Incorporated throughout the property is a fiber optic cable with broadband speeds of one gigabit per second, which supports connectivity to multiple devices at a time.

“This pedestrian-to-campus student housing property is built to help each of its Florida State University residents become more productive by providing secure housing that features onsite, round-the-clock fitness, high-speed internet, study rooms and close proximity to campus” said John Strockis, senior vice president of acquisitions. “The Domain at Tallahassee is the premier, amenities-rich, off campus student housing community at Florida State University.”

For more information on this press release, please contact:

Julie Leber

Spotlight Marketing Communications

949.427.5172, ext. 703

julie@spotlightmarcom.com

or

Damon Elder

Spotlight Marketing Communications 

949.427.5162, ext. 702

damon@spotlightmarcom.com

www.SAM.com

www.SmartStop.com.

Morgan & Morgan Chooses 444 Seabreeze for Volusia County, FL Headquarters

John Morgan

DAYTONA BEACH, FL – Morgan & Morgan, the largest personal injury law firm in Florida, is expanding its presence in the Daytona Beach market with the opening of a new Volusia County headquarters office at 444 Seabreeze Boulevard.

In addition to their new 5,500 square foot office on the first floor, Morgan & Morgan’s name will be atop the building’s west side.  444 Seabreeze is highly visible in Daytona’s beachside skyline to motorists crossing the Intracoastal Waterway.

“The 444 Seabreeze building has long been home to some of the top law firms in the area,” said Ted Lightman of NAI Realvest / Charles Wayne Commercial.  “We are excited to welcome Morgan & Morgan to their prominent new location in Daytona Beach.”

Lightman represented the landlord in the transaction with Brian Adair and James O’Connor.  Jeff Sweeney of Cushman & Wakefield represented the tenant.

Jeff Sweeney

At 10 stories tall, 444 Seabreeze is the highest office building in Volusia County, complemented with unique views of the ocean and intracoastal waterway seen from the majority of its office suites.

Founded in 1988, Morgan & Morgan has grown to become one of the best-known law firms in the southeast.  Today the firm has over 350 lawyers and more than 2,200 support staff. 

The new Daytona Beach office will be one of 23 offices in Florida and one of 40 nationwide.  Morgan & Morgan has recovered more than $4 billion for more than 200,000 clients. 

The firm’s attorneys represent clients in a wide range of practice areas from personal injury, workers’ compensation, and medical malpractice cases to labor and employment, mesothelioma, and product liability lawsuits to national mass torts and class actions.

The “444 Seabreeze” office tower is very pleased to have Morgan & Morgan complement the building, along with other prestigious tenants including Raymond James, whose name proudly adorns the south side of the building.

444 Seabreeze is owned by Seabreeze Office Associates, LLC, an entity of local businessmen Charles Lichtigman and Sanford Miller.

It is operated by Charles Wayne Properties, Inc. one of Central Florida’s largest commercial brokerage, management and development firms with approximately 1,000,000 square feet of property, which it owns, manages and/or leases.

For more information on this press release, please contact:

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

The Keyes Company Acquires Realty Elite The Palm Beaches; Wellington-based real estate firm’s 64 agents join Keyes during aggressive expansion

Mike Pappas

Wellington, FL – The Keyes Company has announced the acquisition of the Wellington-based real estate firm Reality Elite The Palm Beaches. This marks the third acquisition for the firm since August, proving Keyes and its Family of Companies are committed to growth throughout South Florida and the Treasure Coast.

Founded by David Lopez in 2007, Realty Elite’s agents specialize in a variety of properties, including residential, commercial and marine. The firm also embraces technology, and offers turnkey marketing, with an importance placed on graphics and artwork to help clients experience the full beauty their properties have to offer. In 2016, Realty Elite’s 64 agents generated sales of $92 million.

“We are pleased to welcome Realty Elite’s team,” said Keyes CEO Mike Pappas. “Their experienced associates are exceptional and will, without a doubt, help deliver strong service and results to clients.”

Realty Elite’s agents will now relocate to the Keyes Wellington office, located at 13920 Wellington Trace. Here, they can take advantage of the leadership, marketing, resources and technology of Keyes as they continue to promote their properties and enjoy increased sales and listing opportunities.

Joan Richardson

“We are delighted to welcome the Realty Elite team to the Keyes family,” said Joan Richardson, manager of the Keyes Wellington office. “They are dedicated to every client who walks through the door, which makes all the difference in providing outstanding service.”

“We plan to continue growing through strategic acquisitions over the rest of 2017 and beyond,” said Steve Reibel, SVP of Keyes.

 “Profit margins are tightening in the brokerage industry, so we’re seeing more and more consolidation of firms that do not have the size and scale to withstand the new reality. We are fortunate to have the infrastructure, technology and diversity of services to help our brokers thrive.”

Independently-owned and operated since its founding in 1926, Keyes is extremely active in luxury residential real estate. In 2016, Keyes listed more than $1 billion in luxury homes priced at $1 million or more.

The Keyes Family of Companies is the largest independently-owned real estate firm in Florida and a Top 25-ranked firm in the entire United States. In Palm Beach County alone, Keyes has in excess of 1,100 Sales Associates and produces double the volume of its closest competitor.

Independently-owned and operated since 1926, The Keyes Company is a leader in the real estate industry. Keyes completed a merger with Illustrated Properties in July 2016. Keyes has 58 offices, more than 3,000 associates and nearly $6 billion in annual real estate sales and services.

Steve Reibel

Keyes’ offices are distributed throughout six counties – Miami-Dade, Broward, Palm Beach, Martin, St. Lucie, and Volusia. Keyes expands our Associates’ reach globally as a Founding Member and Shareholder of Leading Real Estate Companies of the World®.  

In addition to our Associates’ expertise, The Keyes Company offers a suite of resources to cover whatever needs arise while buying or selling your home. Your mortgage, title, insurance, and property management needs can all be managed in-house, allowing us to close your deal with speed and efficiency while giving you the opportunity to talk to a real person whenever you have a question.

For more information on this press release, please contact:

Jasmin Curtiss

 PR Coordinator, BoardroomPR

jcurtiss@boardroompr.com

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Hold-Thyssen Negotiates 4 New Office/Flex leases for more than 10,771 Square feet at Kirkman Commerce Center in South Orlando, FL

 

Alex Rowlinson

WINTER PARK, FL --- Hold-Thyssen, Inc., a full service commercial property firm based in Winter Park, negotiated four new office/flex leases for a total of 10,771 rentable square feet at Kirkman Commerce Center, 701 S. Kirkman Rd. in South Orlando.

The Hold-Thyssen Associates Alex Rowlinson and Troy Stevens represented the south Florida-based landlord /owner of the commerce center in the lease agreements.  

Rowlinson negotiated the lease of 7,200 square feet with Top Build (NYSE) a leading distributor and installer of insulation products to the U.S. construction industry.  Rowlinson and Stevens negotiated lease agreements with the following additional new tenants at Kirkman Commerce Center:

 Rebel Corp Global, a leading provider of merchant services, retail inventory management systems, custom web design and software development, leased 1,672 square feet; Primerica Financial Services, Inc., which specializes in investments, a variety insurance products leased 891 square feet; and Ingenious Culinary Concepts, a company that supplies K-12 school cafeterias with healthy and alternative lunch options, leased l,008 square feet. 

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

For more information about this press release, please contact

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