Wednesday, November 18, 2020

PulteGroup Virtual Fundraiser Raises Over $158,000 for Children’s Home Network in Tampa Bay

Irene Rickus
 

TAMPA, FL – PulteGroup’s West Florida Division held its annual fundraiser in support of the Children’s Home Network, but this year it was a little different. 

 In place of their annual golf tournament, the team hosted COVID-safe virtual events that included a “Golf Ball Drop” and online auction which raised $158,475, breaking last year’s record.

Southern Hills Plantation Club

Keeping with the golf theme of past years, Pulte sold numbered golf balls and arranged a helicopter to drop the balls onto the green at Feather Sound Country Club in Clearwater, Florida. The owners of the golf balls that made it into the hole shared the $1,000 prize.

“Despite the limitations of the pandemic, we are proud to have been able to have a highly-successful fundraiser for an organization that means so much to our team and our community,” said Sean Strickler, President of Pulte’s West Florida division.

 “Our relationship with the Children’s Home Network has grown every year with this amazing event, and this year, despite its challenges, was no different.”

 Sean Strickler

The event was a success with the help of trade-partners that stepped up and gifted their pledged donation despite the tournament being cancelled.

To show appreciation for the support, Pulte provided participants a certificate for a round of golf for up to four people at Southern Hills Plantation Club.

 Local PulteGroup employees also participated and, as with all charitable giving, PulteGroup matched employee donations.

“Once again the Pulte team exceeded our expectations,” said Irene Rickus, President & CEO of Children’s Home Network. “Given the situation with the pandemic, cancelling the tournament and still proceeding with fundraising—the results this year were unexpected and truly wonderful.”

Today, the Children’s Home Network serves nearly 25,000 underprivileged and at-risk children and adults each year with values that focus on respect, dignity, trust and compassion.

 

CONTACT:

Daniel Benjamin

Senior Account Executive,

 BoardroomPR

dbenjamin@boardroompr.com

O 954-370-8999

C 954-618-8287

Bank of America Plaza | 1776 N Pine Island Road

Suite 320 | Fort Lauderdale, FL 33322

Web | Facebook | LinkedIn | Twitter | Instagram

 

Tuesday, November 17, 2020

NAIOP South Florida Hosts 34th Annual Charity Golf Tournament; $21,000 raised to support early childhood education at Jack & Jill Children’s Center

Jules R. Morgan
  

FORT LAUDERDALE, FL – NAIOP South Florida, a Commercial Real Estate Development Association, recently hosted its 34th Annual Charity Golf Tournament at Grande Oaks Golf Club in Davie.

 

The golf tournament, which was the first in-person event hosted by the organization in nine months, generated more than $21,000 for Jack & Jill Children’s Center, the oldest non-profit provider of early childhood education in Broward County.  


 Allison Sherman (left) of Kastle Systems; 
Traci Miller, of Miller Construction Company

 

“We were so excited to be able to have our annual golf tournament this year, in light of everything happening, and at the same time be able to raise funds for such an incredible organization,” said NAIOP South Florida Executive Director Jules R. Morgan.

 

 “While the pandemic continues to create uncertainty, local non-profits depend on events like ours to keep their doors open and their programs operational.

 

"Thank you to our generous NAIOP South Florida members and sponsors whose donations and time made this event a success.” 


Ingrid Fulmer (left) of Coldwell Banker Commercial; 
and Kendra Erika 


 

Funds raised for Jack & Jill Children’s Center will help educate children of high-need working families while offering family strengthening programs so that parents and children can gain the necessary skills to succeed in life. 


Greg Martin
Over the past five years, NAIOP South Florida has raised more than $100,000 for the organization.  

The golf tournament planning committee was co-chaired by Ryan Nee, First Vice President / District Manager of Marcus & Millichap and next year’s 2021 President-elect of NAIOP South Florida and Greg Martin, Avison Young 


Tower Commercial Real Estate was the host sponsor. Other sponsors were Pest Pro Rid All, Bridge Investment Group, Avison Young, Marcus & Millichap, Duke Realty, Risk Strategies Company, Miller Construction Company, CIM Group;


Tewes Design Group, Cushman & Wakefield, Miramar Park of Commerce, Current Builders, Helms Development, Vanderbilt Office Properties, Gaedeke Group, Itasca Construction Associates, Knoll/CBI, Mainstreet Capital, MJ Simpson, RCL Architects, Sharpe Development Projects, State Street, The Graham Companies  and Workspace. 

 

Ryan Nee



Please visit NAIOP South Florida’s new website, www.naiopsfl.org, for more information on upcoming events, commercial real estate news, membership and more.  

 

About NAIOP South Florida 

 

NAIOP South Florida is the largest chapter of NAIOP in the state. With more than 350 members representing constituents in Miami-Dade, Broward, Palm Beach, Martin and St. Lucie counties, the chapter is the leading commercial real estate development organization in the region.

 

NAIOP supports commercial real estate professionals with advocacy, education and business opportunities and connects its members through a powerful North American network. 

 

CONTACT:


Samantha Van Nuys

O: 954.776.1999  ext. 115 |C: 954.648.9132

6451 North Federal Highway,

 Suite 1200 |Fort Lauderdale, Florida 33308


 naiop.org

 

Monday, November 16, 2020

Marcus & Millichap Promotes Tampa Agent James Garner to First Vice President Investments

James Garner

 Tampa, FL, Nov.16, 2020 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced James Garner, of the company’s Tampa office, has been promoted to First Vice President Investments, according to David Bradley, Regional Manager.

  “All Marcus & Millichap title promotions are merit based. James Garner has not only achieved tremendous accomplishment in his tenure with Marcus & Millichap, but he is also a great representation of the character we expect from our agents,” says Bradley

 Prior to joining Marcus & Millichap, Garner worked for Ingersoll Rand on commercial projects being developed in New York City, including high profile projects such as the new World Trade Towers.

 

 David Bradley
CONTACTS:

 David Bradley,

Regional Manager

(813) 387-4700

 

Daniella.Aragon@marcusmillichap.com

Sunday, November 15, 2020

Northern Virginia trophy office asset trades for $90 million

3150 Fairview Park Drive, a 257,489-square-foot
 trophy office building in Falls Church, VA

WASHINGTON, DC – JLL Capital Markets announced it has closed the $90 million sale of 3150 Fairview Park Drive, a 257,489-square-foot, trophy office building in Falls Church, Virginia.

 Bill Prutting

 JLL represented the seller, Clarion Partners, LLC, and procured the buyer, funds managed by U.S.-based Apollo Global Management.

 3150 Fairview Park Drive is 100% leased on a long-term basis and serves as the mission-critical global headquarters for General Dynamics Information Technology (GDIT), a wholly-owned subsidiary of General Dynamics (NYSE: GD).

Completed in 2001, the property recently underwent a complete asset repositioning which included building operating systems, the creation of an atrium lobby, constructing all new common areas, tenant spaces and enhancing building amenities.

 The JLL Capital Markets team representing the seller was led by Senior Managing Directors Bill Prutting and Jim Meisel and Managing Director Matt Nicholson.

Jim Meisel 



 “3150 Fairview was highly sought-after due to its rare combination of a long-term leased global headquarters of a strong credit tenant, a fully renovated trophy asset and a submarket (Fairview Park) in Northern Virginia, which has experienced one million square feet of leasing activity since 2017, with many tenants landing in Fairview Park from ‘on-Metro’ locations.” Prutting added. 

About Clarion Partners, LLC

Clarion Partners LLC, an SEC registered investment adviser with FCA-authorized and FINRA member affiliates, has been a leading U.S. real estate investment manager for more than 36 years.

Headquartered in New York, the firm maintains strategically located offices across the United States and Europe.

Matt Nicholson


With $50 billion in total assets under management as of March 2019, Clarion Partners offers a broad range of real estate strategies across the risk/return spectrum to its 350 domestic and international institutional investors.

More information about the firm is available at clarionpartners.com.

 About JLL

JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. 

JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities. 

CONTACT:

Kristen Murphy

Senior Manager

 Public Relations

 Investor Services JLL

One Post Office Square, Suite 3500

Boston, MA 02109

T +1 617 848 1572

M +1 617 543 4873

Kristen.Murphy@am.jll.com

  jll.com.

$84.3M in financing secured for six-property industrial portfolio in Sunbelt

Part of six-property industrial portfolio totaling
1.58 million square feet throughout the Sunbelt
 

Christopher (Chris) Drew

MIAMI, FL – JLL Capital Markets announced  it has arranged $84.3 million in post-acquisition financing for a six-property industrial portfolio totaling 1.58 million square feet throughout the Sunbelt with assets located in Miami, Florida; Atlanta, Georgia; Greensboro, North Carolina; Memphis, Tennessee; and Phoenix, Arizona, markets.

 JLL worked on behalf of the borrower, MDH Partners, to place the five-year, floating-rate loan with Wells Fargo Bank, N.A.

 

The borrower acquired the portfolio properties in separate transactions throughout the year. 


The portfolio comprises two Florida properties, 1350 NW 74th St. in Miami and 3115-3165 Lakewood Ranch Blvd. in Bradenton, along with 5300 Kennedy Rd. in Forest Park (Atlanta MSA); 404, 420 A&B N. Chimney Rd. in Greensboro; 4565 W. Watkins St. in Phoenix; and 3527-3539, 3543 Lamar Ave. in Memphis.

Maxx Carney

The well diversified portfolio is home to more than 30 local, regional and national tenants and located within high-performing industrial markets with robust tenant demand, demonstrated by limited vacancy rates and substantial 12-month net absorption.

 

The JLL Capital Markets Debt Placement team representing the borrower was led by Senior Managing Director Christopher Drew, Director Maxx Carney and Associate Reid Carleton, along with Senior Managing Director Ed Coco and Director Carl Beardsley.

 

“The portfolio received significant lender interest, which is a testament to exceptional strength of the sponsorship and the markets’ demand for industrial financing opportunities,” Drew said. “We are honored to have advised MDH Partners on this transaction.”

 

Reid Carleton


“The capitalization of this portfolio is a prime example of how industrial assets and exceptional borrowers continue to command superior interest from debt capital providers in a fragmented capital markets environment,” Carney added.

 

MDH Partner’s CFO, Arun Singh said, “This new portfolio enhances MDH’s platform with great tenant diversity, long leases and expanding MDH’s reach to Central Florida.

 

"We are delighted with JLL’s financing execution, especially given uncertain market conditions. We wanted to evaluate multiple loan structures and were impressed with the final outcome.”

 

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


Ed Coco 
The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment sale 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 our newsroom.

 

 

About MDH Partners

 

Founded in 2005 as the successor to a 50-year-old real estate development company, MDH Partners has participated in over $4 billion of acquisitions, developments and asset management.


Arun Singh

 

 In 2019, MDH launched a $350 million closed-end fund targeting industrial and logistics properties in the Southeast and Southwest for its institutional investors.


Carl Beardsley

About JLL

JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management.

 JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities.

 JLL is a Fortune 500 company with annual revenue of $18.0 billion in 2019, operations in over 80 countries and a global workforce of over 92,000 as of September 30, 2020.

JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.

 Contact:

 Kimberly Steele

 JLL Senior Associate

 Public Relations

Phone: +1 713 852 3420

Email:  Kimberly.Steele@am.jll.com

 

Friday, November 13, 2020

Leonard Bernstein’s 'Radical-Chic' New York Penthouse on the Market for $29.5 Million

 Leonard Bernstein 
 

  NEW YORK, NY -- Fifty years ago Leonard Bernstein and his wife, Felicia Montealegre, were the owners of one of Park Avenue's very best apartments.

 

Felicia Cohn Montealegre Bernstein

The former Park Avenue penthouse of famed composer and cultural icon Bernstein who hosted some of the world’s most illustrious celebrities and politicians of the 1970s, is now on the market. 

 

Priced at $29.5 million. 


Jason Robards

 According to TopTenRealEstateDeals.com, the Bernsteins' home was also the site of one of the famous and controversial social-political happenings of the 1970s when some of New York's wealthiest citizens met with top leaders of the anti-police Black Panther Party.

Barbara Walters
 

Or as Tom Wolfe described it in his January 1970 New York magazine article, “Radical Chic: That Party at Lenny's.” Big names from the entertainment world including Jason Robards, Jerome Robbins, Otto Preminger, Barbara Walters and Mike Nichols were there.


Lillian Hellman

So were Harold Taylor, Lillian Hellman, Cynthia Phipps and several dozen other members of New York City's cultural and intellectual elite. 


Tania Isacoff Friedland

 

Wolfe described it as a “a penthouse duplex full of stars, a Manhattan tower full of stars, with marvelous people drifting through the heavens.”

 

Allison Chiaramonte


The 14-room penthouse sits atop one of the most elegant prewar Art Deco full-service cooperative buildings on the Upper East Side, built in1930. 

 

 Spread across two floors of the 21-story building, the duplex measures approximately 6,300 square feet with an additional 700 square feet of outdoor space between two private landings.

 

A private elevator landing opens to a 34-foot grand gallery that continues to the formal living room, dining room and library.


                     Bonnie Chajet

There are six bedrooms, seven bathrooms, multiple wood-burning fireplaces, wood plank floors and a sunny enclosed solarium. 

 

 There are good views across Midtown Manhattan and the cityscape surrounding Central Park.  The building amenities include doormen, health club, squash court, basketball court and even an elevator attendant.

 

The penthouse is listed with Bonnie Chajet, Allison Chiaramonte and Tania Isacoff Friedland of Warburg Realty, Manhattan.

 

 CONTACT:

Genelle C. Brown
Content Manager, Media Division
TopTenRealEstateDeals.com
Phone:  434-480-4504

Twitter:  @toptenrealestat
facebook.com/toptenrealestat  

Photo credit:  Warburg Realty

Sources: www.warburgrealty.com and TopTenRealEstateDeals.com