Sunday, January 19, 2020

JLL Closes $16.6 Million Sale of Piedmont Healthcare Medical Office Campus in Statesville. NC


Mindy Berman
CHARLOTTE, NC – JLL Capital Markets announced it has closed the $16.6 million sale of The Piedmont Healthcare Medical Office Campus, a five-building, 91,844-square-foot medical office campus in Statesville, North Carolina.

Piedmont Healthcare Medical Office Campus, Statesville, NC
JLL represented the seller, SMG Leasing Associates, LLC, a real estate group comprising present and former Piedmont Healthcare physicians, and procured the buyer, a healthcare REIT.   

Daniel Turley
The Piedmont Healthcare Medical Office Campus is currently 93.6% leased and home to Piedmont HealthCare, one of the largest physician-owned and directed multi-specialty medical groups in North Carolina and the Southeast. 

The group has locations across the market and retains top market share in the region. 

The five-building medical office campus serves as Piedmont’s largest, all-in-one location, supporting numerous specialties, including pediatrics, dermatology, internal medicine, endocrinology, urology, pulmonology and more.


Zack Drozda
 The campus also includes a family-owned and operated retail pharmacy on site as well as parking for more than 500 vehicles. 

Located at 208 Old Mocksville Road and 129-152 Sherlock Drive, the 14.8-acre campus is adjacent to the Davis Regional Medical Center, a Community Health Systems affiliated hospital, and Interstate 40, providing connectivity to Charlotte and Winston-Salem, both of which are approximately a 40- to 45-minute drive from the property.

Ryan Gioffre 
The JLL Capital Markets team representing the seller was led by Director Zack Drozda and Managing Directors Mindy Berman and Daniel Turley. Ryan Gioffre and Bobby Finch from Triad Commercial also assisted the seller in the transaction.

“Piedmont Healthcare is the dominant physician-owned practice in Iredell County,” Drozda said. 

“The offering represented Piedmont’s flagship, multi-specialty location. As such, there was excellent interest across the spectrum, including private, institutional and REIT investors.”

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. 

Bobby Finch
The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment advisory, debt placement, equity placement or a recapitalization. 

The firm has more than 3,700 Capital Markets specialists worldwide with offices in nearly 50 countries.

For more news, videos and research resources on JLL, please visit the firm’s U.S. media center Web page: U.S. newsroom.

Deal secured by Holliday Fenoglio Fowler LP (“HFF”) prior to being acquired by JLL on July 1, 2019. Co-brokerage services provided by Jones Lang LaSalle Americas, Inc., a licensed real estate broker.

  
Contact:

 Kimberly Steele
 JLL Senior Associate
 Public Relations 
Phone: +1 713 852 3420
Email:  Kimberly.Steele@am.jll.com

jll.com.

Saturday, January 18, 2020

The Castell Project, Inc. Accepting 2020 Nominations for Expanded Leadership Programs


Peggy Berg

ATLANTA, GA —Officials of Castell Project, Inc., a 501(c)3 nonprofit organization dedicated to accelerating the careers of women professionals in the hospitality industry, announced that the organization is accepting nominations for its expanded 2020 Castell Leadership Programs. 

“Now celebrating our fourth year, we have expanded our educational offerings to respond to the changing needs of our participants,” said Peggy Berg, president, Castell Project, Inc.  

“We find that participant needs vary depending on where each woman is in her career arc.  With that in mind, we created ‘BUILD’ for emerging female hospitality industry leaders and ‘ELEVATE’ for established female leaders ready to refine their skillsets and prime themselves for top roles.”

 CONTACT:

CHRIS DALY
PRESIDENT
DALY GRAY PUBLIC RELATIONS, INC.
620 Herndon Parkway, Suite 115 | Herndon, VA 20170
Main: 703-435-6293
Mobile: 703-864-5553


Prominent Landscape Architects Relocate from Downtown Orlando


Jennifer Jones 

ORLANDO, Fl --- NAI Realvest completed a new long-term lease agreement with a prominent landscape architecture firm who will be relocating and opening operations this spring at the Lucerne Plaza, 100 W. Lucerne Circle just south of downtown Orlando.   

 Jeff Bloom
Jeff Bloom CCIM, Vice President at NAI Realvest negotiated the transaction on behalf of the local landlord, Global Motor Inns d/b/a Lucerne Plaza.
Foster Conant & Associates, award-winning Orlando landscape architects for more than 50 years, plans to be open in their new 3,970 square foot suite at Lucerne Plaza by April 1. 

Gabriel de Jesus 

Foster Conant & Associates was represented by Gabriel de Jesus and Jennifer Jones with Foundry Commercial.

Bloom also closed on a long-term lease late last year with Philadelphia-based Open Systems Healthcare who opened this month (January) at Lucerne Plaza .  The home health service firm with a network of caregivers has nearly 20 locations in a dozen US cities.   Open Systems Healthcare was represented by Amanda McClure with CBRE.
CONTACTS:

Jeff Bloom, CCIM, Vice President NAI Realvest,
 407-875-9989 jbloom@realvest.com

 Patrick Mahoney, President / CEO, NAI Realvest, 
407-875-9989 pmahoney@realvest.com

 Beth Payan, Larry Vershel Communications, 
407-644-4142 beth@larryvershel.com or 407-461-3781


Plaza Advisors Brokers Sale of 119,924 -SF Cortez Commons Shopping Center in Bradenton, FL


 
Jim Michalak 
 TAMPA, FL -- Plaza Advisors is pleased to announce the sale of the Cortez Commons Shopping Center, located in Bradenton, Florida. 

The 119,924 square foot plaza is directly across from the highest volume Walmart Supercenter in southwest Florida, from Bradenton to Naples.

 Cortez Commons features anchor tenants: Big Lots, Tuesday Morning and You Fit. The asset was 88% occupied at the time of sale.

The property tenant roster includes several medical related entities including; Davita Medical, Greenberg Dental, Hear USA, Quest Diagnostics and HMP Medical. Other notable tenants are Fantastic Sam’s, Peach’s Restaurant and Enterprise Car Rental.

 The seller was Wisconsin based MLG Capital Real Estate Investments. The Buyer was an affiliate of Clover Investment Properties, LLC a privately held real estate development and investment firm headquartered in Tampa, FL.  

Keith Nurre
Jim Michalak and Keith Nurre of Plaza Advisors represented the seller and were the sole brokers involved in the transaction.

 Plaza Advisors is a real estate brokerage firm that specializes in the disposition of retail properties throughout the Southeastern United States. Plaza Advisors’ clients include private equity investors, developers, and major institutions including fund advisors, life insurance companies, REITs, and money center banks. 





CONTACT:

Jim Michalak
Managing Partner
Plaza Advisors
 3412 Bay To Bay Boulevard
Tampa, FL 33629
813.837.1300 Ext. 1
Fax 831.2627
 

Hold-Thyssen Closes Two Long-Term Flex Leases for Businesses Expanding in Edgewater Commerce Center

 
Edgewater Commerce Center, 6250 Edgewater Drive,
College Park area, Orlando, FL

ORLANDO, FL and WINTER PARK, FL --- Hold-Thyssen, Inc., a full-service commercial property firm based in Winter Park, recently negotiated two new leases with businesses expanding services into the Orlando market.

 Associate Troy Stevens represented Landlord Z Asset Management, a So. Florida based private equity firm in both transactions for flex space at Edgewater Commerce Center , 6250 Edgewater Drive in the College Park area.

Troy Stevens
 The new tenants are Ocala-based Centurion Exteriors of Florida a windows installation business who leased 2,400 square feet and El Paso, Texas-based HQ Builders a custom homebuilder and remodeler who leased 900 square feet. 

 Edgewater Commerce Center ’s occupancy is up to 86 percent.   Centurion Interiors and HQ Builders join existing tenants such as Hotzy Pressure Washers and Castle Window.

 Hold-Thyssen, Inc. provides commercial property brokerage, 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 .

 CONTACTS:

Anthony Fisher, Vice President, Hold-Thyssen Inc., 
407-691-0505, afisher@HoldThyssen.com

 Robert P. Hold, Principal, Hold-Thyssen, Inc.,
 407-691-0505, bhold@HoldThyssen.com

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


Friday, January 17, 2020

JLL arranges financing for Katy, TX multi-housing community


Hilltop Residential is situated on 14.44 acres along Grand Parkway                      in the Houston, TX suburb of Katy, TX 

HOUSTON, TX – JLL Capital Markets announced it has arranged acquisition financing for a multi-housing community located in the Houston-area suburb of Katy, Texas.

JLL worked exclusively on behalf of Hilltop Residential to arrange the four-year, floating-rate acquisition loan through a national bank.

The community is situated on 14.44 acres along Grand Parkway. Completed in 2013, the community consists of a mix of one-, two- and three-bedroom homes averaging 933 square feet. 

Cortney Cole

Units feature stainless steel appliances, granite countertops, kitchen islands, nine-foot ceilings, wood-style flooring and private balconies. 

Community amenities include a resort-style pool, clubhouse, 24-hour fitness center, business center, resident long with TV and coffee bar, and lighted dog park with fountain. The community is zoned to top-rated Katy Independent School District campuses.

The JLL Capital Markets debt placement team representing the borrower was led by Managing Director Cortney Cole.

For more news, videos and research resources on JLL, please visit the firm’s U.S. media center Web page: U.S. newsroom.

Contact:

 Olivia Hennessey
 JLL Senior Associate
 Public Relations
Phone: +1 713 852 3403


EcoSystem Renewal in Final Permitting Stage for Texas Restoration Project Site Divided by Re-routed State Highway


 BATON ROUGE, LA. – EcoSystem Renewal LLC, a leader in wetland mitigation banking, restoration, and preservation of high priority ecological sites, is in the final permitting stage for a new project in Texas and in early stages of permitting for multiple projects in Louisiana .

The Texas site in Liberty County , Cedar Bayou Mitigation Bank, is a 605-acre complex restoration project requiring extensive engineering and design work. A draft mitigation banking instrument was submitted in October 2019 to the US Army Corps of Engineers – Galveston District.  


Danny Moran, Managing Director of EcoSystem Renewal,
 says his company is preparing for a busy
and exciting year ahead on new projects
 in Texas and Louisiana

 Cedar Bayou Holdings LLC, the sponsor of the mitigation bank, anticipates final approval by the third quarter of 2020.

EcoSystem Renewal, based in Baton Rouge , has for the past decade provided design, permitting, construction, monitoring, marketing, and management for more than 15,000 acres of restoration work in Texas and Louisiana . 

Danny Moran, Managing Director of EcoSystem Renewal, said his company is preparing for a busy and exciting year ahead.

“This team is passionate about what they do and are very good at their respective jobs. We expect to add additional projects in 2020,” Moran said, “and look to add team members who are dedicated to wetland restoration.”


CONTACTS:

Danny Moran, Managing Director, EcoSystem Renewal, LLC,
 225-978-9401, 

Will Beaty, Director of Sales and Marketing, EcoSystem Renewal, LLC,
 888-294-8101 Ext 802, wbeaty@ecosystemrenewal.com

Beth Payan, Larry Vershel Communications, Inc. 
 407-644-4142 or 407-461-3781 Beth@LarryVershel.com

Berger Commercial Realty Leases 24,000 SF at Merrill Industrial Center in Dania Beach, FL


Judy Dolan
FORT LAUDERDALE, FL (Jan. 17, 2020) – Berger Commercial Realty/CORFAC International Senior Vice President Judy Dolan recently represented Merrill Industrial Center, Inc. in leasing 24,426 sq. ft. of warehouse space to Just Brands, LLC at Merrill Industrial Center, located at 3406 S.W. 26th Terrace in Dania Beach.

Merrill Industrial Center, Dania Beach, FL
The deal is the result of Just Brands’ consolidation of its three warehouses in South Florida.

“Just Brands chose Merrill Industrial Center due to its ease of access and proximity to major roadways,” Dolan said. “With retail locations in Miami and eastern and western Broward County, accessibility was key.”

Merrill Industrial Center, a 134,132-square-foot, three-building warehouse park, offers convenient access to I-95, I-595, Florida’s Turnpike and State Road 84.

Matt Jones
In the transaction, Just Brands was represented by Matt Jones of Levy Realty.

For more information about Berger Commercial Realty’s leasing services, please call 954-358-0900.

Media Contact:

Lexi Robinson
954-776-1999, ext. 255
  



Seefried Industrial Properties and Clarion Partners to Develop Three-Building Spec Industrial Project in East Tracy, CA (San Joaquin County)


Jason Quintel
ATLANTA, GA  -- Seefried Industrial Properties, as development partner for Clarion Partners, LLC have recently purchased a 76-acre land site that paves the way for a new multi-warehouse spec development situated within the Northeast Area Specific Plan in Tracy, CA. 

Located at the northeast corner of Grant Line Road and Chrisman Road, New Project will total 1,130,000 square feet of office and warehouse space in three buildings consisting of 260,000 square feet, 517,000 square feet and 353,000 square feet, respectively.

Together, the project will offer tenants the opportunity to occupy space ranging from 18,000 to 1,130,000 square feet. 

Buildings will feature tilt-up construction, have clear heights ranging from 32 to 36 feet, 185’ truck courts, 339 trailer spaces combined, an ESFR sprinkler system and ample parking.


Mike Goldstein
“Finding quality development property in the Central Valley has become more and more difficult over the years," said Jason Quintel, Senior Vice President of Seefried Industrial Properties.

"Finding a site this well located was very exciting. We would not have gotten to this point if it had not been for the combined efforts of our consultants, the land seller, and the City of Tracy.

"We now look forward to bringing this quality project out of the ground and hope we can help fill the tenant demand that continues to grow in Tracy,” said

Construction is set to begin this June and anticipated for completion the following June of 2021.

HPA has been engaged as architect; K&W is the civil engineer. 

The Colliers International team, led by Mike Goldstein and John Steinbuch, will lead the leasing/marketing efforts for the new project. 

John Steinbuch

About Seefried Properties:

Seefried Properties was founded in 1984 by Ferdinand Seefried and is still 100 percent privately owned today.  The firm focuses on industrial development in core markets and build-to-suits with corporate tenants and users in first and second-tier markets. 

 Seefried's development, construction, leasing, property management and accounting teams firmly believe that client relationships are solidly built on trust and further developed by each individual experience. 

 Seefried is based in Atlanta, with regional offices in Los Angeles, Dallas/Fort Worth, Chicago and Phoenix.  Seefried Properties has built over $6 billion in development volume in 25+ markets across the U.S. 

Ferdinand Seefried 



CONTACTS:

Jason Quintel
Senior Vice President
Seefried Industrial Properties
JasonQuintel@SeefriedProperties.com           +1 (602) 300-3648

Barb Bennett
Marketing Coordinator
Seefried Industrial Properties
3333 Riverwood Parkway SE, Suite 200
Atlanta, Georgia 30339
Office:    (770) 702-8207
Mobile:  (520) 661-9641