Wednesday, December 23, 2020

Dream Finders Homes Plans 2021 Opening for Meadow Ridge Amenity Center at Silverleaf in North Florida

Meadow Ridge Amenity Center 


ST JOHNS, FL –
 Residents of Meadow Ridge, an intimate Dream Finders Homes’ neighborhood, soon will have their own amenity center within the sprawling master-planned community of Silverleaf, just off St. Thomas Island Parkway and County Road 210.

When completed early next year, the Meadow Ridge center will feature a zero-entry lap pool, a fenced dog park, a secure playground and a cabana-style clubhouse with a separate gathering room for resident parties and other events, according to Division President Brad Muston.

Brad Muston
“This neighborhood – which is embedded in an 8,500-acre development along the St. Johns Parkway – is a nature-lover’s dream with more than 3,500 acres of conservation land,” he said. “And, with quick access to Interstate 95, it’s only a 25-minute drive to St. Augustine or Jacksonville .”

Muston said currently there are 88 homesites available in the single-family home neighborhood where homebuyers can choose from more than a dozen flexible one- and two-story floor plans ranging from 1,622 to 2,500 square feet of living area.

The three- to four-bedroom, two- to three-bath homes are priced from the low $200,000s.


For more information, please visit www.dreamfindershomes.com or call

 888-214-1164. 

CONTACTS:

Brad Muston, Division President, Dream Finders Homes,

888-214-1164 Brad.Muston@dreamfindershomes.com

Caroline Marchant, Marketing Assistant, Dream Finders Homes, 888-214-1164 Caroline.Marchant@dreamfindershomes.com

Beth Payan, Larry Vershel Communications

407-644-4142 or 407-461-3781; beth@larryvershel.com

 

Stevens-Leinweber expands ground-up vision with veteran industrial superintendent Curtis Holbrook

Curtis Holbrook
 

PHOENIX, AZ – Phoenix-based Stevens-Leinweber Construction (SLC) has hired industry veteran Curtis Holbrook, marking the latest expansion of the company’s rapidly growing ground-up construction division.

 Holbrook brings more than two decades of experience to his new role, where he will oversee key ground-up industrial projects for SLC and contribute to the overall growth of the company’s ground-up division with expertise in healthcare, office, retail and hospitality construction.

 

“Curtis is a well-rounded leader with a proven ability to manage and deliver the highest quality construction experience,” said SLC President and CEO Jamie Godwin.

 

“He is also greatly respected and trusted – attributes that we place a high value on, and that will pave the way for his seamless transition into our job pipeline. We are excited for the new opportunities that Curtis brings for the growth and diversity of our ground-up division.”



                                                 Jamie Godwin

 

Since its inception in 2017, SLC’s ground-up construction division has delivered more than 3.5 million square feet of space, most recently through buildings at PV303 and Tolleson Commerce Park, the new Chandler Corporate Center II office development and tenant improvements for Ball, Boeing, Georgia Pacific, HD Supply, MLILY, MiTek and XPO. This activity complements the company’s market-leading footprint in the office tenant improvement sector.


Montage Deer Valley Resort, Park City, UT

 

Holbrook joins SLC from more than 20 years at Layton Construction Co. Across his career, he has directed a range of landmark projects including the $250 million White Claw manufacturing center in Glendale, Arizona, the new 644,000-square-foot Ferrero USA warehouse project in Goodyear, Arizona, the Mesa Arts Center in Mesa, Arizona, the Las Tiendas Village retail development in Chandler, Arizona, and the luxury Montage Deer Valley resort in Park City, Utah.

 

Holbrook is OSHA 30 certified, a Certified Healthcare Constructor (CHC) with the American Hospital Association and member of the American Society for Healthcare Engineering (ASHE).

 CONTACT:

 

Stacey Hershauer

stacey@focusaz.com

480.600.0195

Growing life science market fuels sale of Rockville, MD buildings

Amanda Davis

WASHINGTON, DC – JLL Capital Markets announced it has completed an equity raise for the acquisition of 5640 Fishers Lane and 12441 Parklawn Drive, two lab buildings totaling 74,500 square feet in Rockville, Maryland.

Jim Meisel 

JLL arranged the joint venture equity partnership between GlenLine Investments and Singerman Real Estate for the acquisition, the first of a programmatic joint venture between the firms focusing on life science opportunities in the Suburban Maryland market.

GlenLine and Singerman intend to implement a significant capital improvement plan to reposition the buildings into Class A lab space, with an anticipated delivery starting in second quarter 2021.

 5640 Fishers Lane and 12441 Parklawn Drive are positioned at the epicenter of the United States’ response to the COVID-19 pandemic, immediately adjacent to the National Institute of Allergies and Infectious Disease (NIAID) headquarters and located within a cluster of public and private sector life science and pharmaceutical institutions.

Andrew Weir

The project has tremendous vehicular and transit connectivity to the greater Washington, D.C. metro area via Interstate 270 and the Capital Beltway and is located one block from the Twinbrook Metro station (Red Line) and numerous walkable amenities.

 Recently vacated by NIAID, who had occupied the properties since delivery and invested significantly in reusable infrastructure, the buildings will be reimagined into state-of-the art, Class A lab buildings well-positioned within the 4th largest life science market in the US.

 The JLL Capital Markets team was led by Senior Managing Directors Jim Meisel and Andrew Weir, Managing Director Matt Nicholson and Director David Baker.

 JLL Senior Vice President Danny Sheridan and Managing Director Amanda Davis have been retained by GlenLine and Singerman to provide agency leasing advisory services.


Matt Nicholson 

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


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

David Baker

 About GlenLine

GlenLine Investments is a privately held real estate investment firm headquartered in Bethesda, Maryland, formed in 2019 by Scott Nudelman and backed by two 3rd generation Washington real estate family companies (Minkoff Development and Fred Schnider Investment Group).

GlenLine’s primary focus is the acquisition and active asset management of infill industrial, flex, life science and office properties with long-term value and optionality for repositioning or redevelopment. 

The team is currently focused on the Washington/Baltimore metropolitan area, with Atlanta, GA, and Boston, MA as additional target markets.

 Danny Sheridan

 Since inception, GlenLine has acquired over 600,000 square feet across five projects with aggregate redevelopment potential in excess of 1 million square feet. 

 For more information, please email nudelman@glenlineinv.com.

 About Singerman Real Estate

Singerman Real Estate, LLC (“SRE”) is a value-driven real estate investment firm that has deep experience executing complex transactions and unlocking embedded value through the ownership of properties, real estate loans and operating companies.

SRE focuses on maximizing risk-adjusted returns through investments in both debt and equity across all major asset classes including industrial, life science, office, hospitality, retail and multifamily, in addition to secondary real estate asset classes.

Scott Nudelman

Since 2010, SRE has sourced and executed, with partners, over $3.2 billion of investments across the major property types, including over $400 million of investments (over 1 million SF) of life science properties.

 For more information, please email: kcarter@singermanre.com.


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

 www.jll.com


New York City Real Estate Executive Blames Mayor and Governor for Population Exodus and Business Decline

Evi Angelakis
 

NEW YORK, NY -- Evi Angelakis, founder of New York City-based Golden Key Realty Group, notes the new US Census Bureau report shows more residents escaped from New York over the last year than from any other state.

New York City Mayor William De Blasio 

Angelakis says New York is leading the nation in population decline that it could even result in the loss of two House Seats

She says some 126,355 people hightailed it out of the Empire State between July 2019 and July 2020, a dip of 0.65 percent, the preliminary Census figures show.

 In contrast, Florida gained 241,256 people since July 2019, bringing its population to 21.7 million.

Angelakis argues, "We're being negatively impacted here in NYC due to the disastrous policies of Mayor William De Blasio and ultimately also Gov. Andrew Cuomo. 

"Restrictions due to COVID-19 as well as a drop in foot traffic due to un-policed violence in our neighborhoods is causing extreme economic damage to our small businesses and retail buildings." 

New York Gov. Andrew Cuomo 

She says, "Businesses all over are being shut down for the wrong reasons, and we're seeing more surveillance and policing of small business owners than we are of the protests in the streets.  

"They're shutting down businesses while letting crime run rampant in New York City.

"Ultimately, we have seen some stimulation from the PPP loans given out by the government.  However, if it weren't for the uptick in crime, our businesses would likely be back on their feet, but small businesses in Manhattan can't seem to catch a break."

Angelakis is a member of the Real Estate Board of New York and ICSC. She is also a member of REBNY’s Queens Commercial Committee.


Elvis Presley's 'House of Tomorrow' Listed at $2.5 Million

Looking much like our concept of the interior of a flying saucer,  
it was chosen by Look magazine in 1962
as the ‘House of Tomorrow.’  

Photo credit:  Rodeo Realty

Source: www.bdhomes.com

 

                                       Elvis Presley

PALM SPRINGS, CA --When Elvis picked Look magazine’s ‘House of Tomorrow’ for his and Priscilla’s blissful 1967 honeymoon, Elvis was already at his peak of popularity and could afford any honeymoon location in the world, according to TopTenRealEstateDeals.com.



Priscilla Presley  
 

 His favorite was a futuristic house in Palm Springs, which he leased for several years, within commuting distance of Los Angeles and his career movie and recording demands. 


Thomas Andrew "Colonel TomParker

 Still looking much like it did when hosting the happy couple, the ‘House of Tomorrow’ is priced at $2.5 million.


Cyd Charisse

 Recommended to Elvis by his manager, Colonel Tom Parker, near Parker’s own home in Palm Springs, the mid-century-modern abode is an interesting example of the contemporary style for which the city is famous. 

  

William Krisel


Unlike the many boxy-shaped homes of the era, its curvilinear floor plan boosts it up a notch from its competitors.  Looking much like our concept of the interior of a flying saucer back in the day, it was chosen by Look magazine in 1962 as their ‘House of Tomorrow.’  


Peter Lawford

 

Built in 1960 with 5,000 square feet of living space, the house is built on a grade and is cantilevered, offering excellent privacy for the main living areas. 


Jackie Cooper 
 

 The design by modernist-architect William Krisel was built for the owner of the home’s Vistas Las Palmas neighborhood construction company, created out of four circular living areas on three levels with a curved wall of stonework. 


George Hamilton
 

Deceivingly large, the home has five bedrooms and five baths along with a spacious interior in the round, which gives it its space age vibe. 

 

A favorite mid-century feature is the center-of-the-room fireplace with chimney suspended from the ceiling and walls of glass overlooking its 1.16 acres.

 

 Outside are a private garden, tennis court, orchard and a partly shaded terraced swimming pool for lounging and outdoor barbecues.


President John F. Kennedy 

 

The Palm Springs neighborhood of Vistas Las Palmas has been chosen by many celebrities over the years such as the Rat Pack who partied hard at Peter Lawford’s home. 

 


Scott Histed 


 Jackie Cooper and Cyd Charisse lived there as did George Hamilton. President John F. Kennedy was a frequent visitor to his brother-in-law Lawford’s home.

 

Priced at $2.5 million, the property is listed by Scott Histed of Bennion Deville Homes, Rancho Mirage office.

  

CONTACT:

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

Twitter:  @toptenrealestat
facebook.com/toptenrealestat  

 

YouTube: 

 https://www.youtube.com/watch?v=S8WssxrvZK4
YouTube Credit:  Sean Evans, @evvo1991 backtothemovies.com/ 
Source:  TopTenRealEstateDeals.com  

Tuesday, December 22, 2020

Atlanta light industrial business park trades for $38.5 million

 

The Battery, one of Atlanta’s premier mixed-use projects
of the last decade
.

Dennis Mitchell

 ATLANTA, GA   JLL Capital Markets announced it has closed the $38.5 million sale of a four-building light industrial business park totaling 281,677 square feet in an infill location in Atlanta’s Cumberland Galleria submarket.

JLL worked on behalf of the seller, a joint venture between The Ardent Companies, Taconic Capital Advisors and Axonic Capital.

Albany Road Real Estate Partners purchased the asset through Albany Road Fund III, a closed-end vehicle with $225 million committed to date.

 Situated on 22.7 acres at 120 Interstate Northwest, the portfolio is in the heart of the $3.5-billlion Cumberland Community Improvement District corridor, which is at the interchange of interstate 75 and 285.

Matt Wirth

The location allows easy access to Atlanta’s most affluent demographics and schools along with the densest population centers.

The Cumberland-Galleria area is highly amenitized and hosts an institutional business community that includes The Battery: one of Atlanta’s premier mixed-use projects of the last decade.
 
The property is 87 percent leased to 36 tenants and consists of 43 suites with an average size of 6,545 square feet. 

 Britton Burdette



Since 2016, the park has undergone a multi-million-dollar renovation and features 14- to 18-foot clear heights, new roofs, 34 dock-high doors, 39 grade-level roll ups and ample parking.

The JLL Capital Markets team representing the seller was led by Dennis Mitchell, Matt Wirth, Britton Burdette and Crosby Taylor.

Crosby Taylor

“120 Interstate Northwest is a survivor that has escaped redevelopment,” Mitchell said. “The property is a high-quality institutionally owned and managed asset providing excellent value to the infill light industrial tenant.

"The tenants require industrial function but also demand a high-end location that offers employees excellent access and a wide variety of amenities.”

 



Contact:

Kimberly Steele

Senior Associate,  

Public Relations

JLL Capital Markets

9 Greenway Plaza, Suite 700

Houston, TX  77046

T +1 713 852 3420

M +1 832 244 9994

Kimberly.Steele@am.jll.com

 us.jll.com/capitalmarkets

.