Saturday, January 16, 2021

Phyllis McGuire: America’s Sweetheart, Mafia Girlfriend and Her Las Vegas 'Eiffel Tower'--like Home Still Unsold at $6.5 Million, According to TopTenRealEstateDeals.com

Phyllis McGuire

LAS VEGAS, NV -- Phyllis McGuire of the popular 1950s-’60’s singing group the McGuire Sisters was the last of the three sisters to pass away when she died Dec. 29, 2020 in her Las Vegas mansion, with its 44-foot Eiffel Tower replica

 

 Previously for sale in 2017 at $6.5 million, Phyllis’s home and her collection of art, jewelry, fine furniture and the glamorous costumes used in the sisters’ performances were exceptional. 


McGuire Sisters--Dorothy, Phyllis, Christine

With the house not selling, she lived there until her death at age 89.

Arthur Godfrey 

 The McGuire Sisters were the most popular of the ubiquitous singing-sister groups of the 1950s, which also included the Andrews Sisters, Lennon Sisters and King Sisters.

 The McGuires, who were actual sisters, consisted of Ruby Christine, Dorothy McGuire and Phyllis McGuire. The star of the group and the entire genre was Phyllis. 

 

The Ohio-born-and-raised sisters started singing for weddings and funerals as children at the church where their mother was pastor, later expanding to local radio and military bases. 

 

Discovered by talk-show-host

Arthur Godfrey in 1952, they became an overnight sensation performing frequently on the most popular television shows of the 1950s and 60s. 


Mobster Sam Giancana and Phyllis McGuire

 

Phyllis, who was the youngest of the sisters, was also the wild child of the trio, often mentioned in the gossip magazines.


Judith Exner

 

 When her affair with mobster Sam Giancana, who in the 1960s allegedly shared girlfriend Judith Exner with President Kennedy, hit the news mags, it caused the breakup of the group.


                  President John F. Kennedy

 Phyllis continued her high-flying lifestyle while her sisters went home to marriages and raising their families, according to

 TopTenRealEstateDeals.com.


Edward 'Tiger Mike' 
 Davis

Their last public appearance of the group was in 1968 when they appeared once again on the Ed Sullivan Show.  Two of the best-known McGuire Sisters’ hits were Sugartime and Sincerely.   

 

Phyllis lived a life of glamour in a Las Vegas mansion which was built for her in 1967 by the boyfriend who succeeded Giancana: high-rolling-gambler and oil-man Edward “Tiger Mike” Davis.

 

  In addition to her wealthy boyfriends, Phyllis claimed to have made some good investments in the oil business and amassed a fortune in jewels, art, antiques, the mansion, valuable furnishings and an expensive lifestyle, which continued until her death. 


 

Married and divorced only once at a very young age, she had no children and never remarried.



Phyllis’s home is a 26,000-square-foot structure on two acres in the city’s upscale Rancho Circle neighborhood with a copy of the Eiffel Tower rising 44 feet in the center of the house.


 

  The home has bulletproof windows, a basement disco and electric shutters that close instantly at the touch of a button.



There is also a guest mansion, two swimming pools, a lagoon, tennis court, and Phyllis’s Place with grill, ice cream bar and soda fountain.

 

The public part of the interior is sectioned into the French Room, Oriental Room and downstairs Cabaret, all massive to hold hundreds of guests, which included the occasional sit-down dinner for 500 where Phyllis used her own china, crystal and silver. 


 

Many of the major stars of the 1960s partied there, a home away from home for them when in Las Vegas.  

 

Phyllis McGuire was the last living member of The McGuire Sisters trio popular in the 1950s and 1960s.  She died at her Las Vegas mansion at age 89 on December 29.

 

 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=UJtIPUzu9X4&feature=youtu.be 
Photo Credit:  Synergy Sotheby’s
YouTube Credit:  Sean Evans, @evvo1991 backtothemovies.com/
Source:  TopTenRealEstateDeals.com

CRG Expands Industrial Platform Into Phoenix With The Cubes at Glendale, AZ

Construction is slated to begin in March on this 1.2 million-square-foot
speculative warehouse in The Cubes at Glendale, a 335-acre industrial
park developed by CRG that will eventually bring 5.5 million square feet
 of industrial space to the market.

PHOENIX (Jan. 15 — CRG, the real estate development and investment arm of Chicago-based Clayco, announced today it is developing The Cubes at Glendale, a 335-acre industrial park featuring 5.5 million square feet at the intersection of Reems Road and Northern Avenue in Glendale, Arizona.

Shawn Clark
 The project, which is a strategic joint-venture partnership with Phoenix-based Bird Dog Industrial, will begin construction of a 1.2 million-square-foot speculative warehouse on March 1.

 The firm closed on the first 260-acre parcel of land for the development with a second expected to close in the second quarter.

 “We've watched Phoenix closely waiting for the right opportunity to expand our platform here,” said Shawn Clark, president of CRG. 

“This site gives us a unique competitive advantage in the market to offer next generation facilities at a quality and size that we expect will get the attention of several national users.”

 CRG currently has an active pipeline of over 25 projects valued at more than $3 billion in high barrier to entry logistics markets throughout the country.

 This project, which went from contract to close in 88 days, is the first of many opportunities slated for the firm in the Southwest, Clark said.

 “Phoenix’s West Valley is a dynamic industrial market,” said Mark Sonnenberg, founder and president of Bird Dog Industrial.

Mark Sonnenberg

 “In addition to logistics and e-commerce fulfillment centers, the West Valley is home to large-scale manufacturers, food and beverage processors, pharmaceutical and medical supply distributors and data centers.

 "The Cubes at Glendale was conceived with this user diversity in mind with multiple opportunities for speculative development, build-to-suits and shovel-ready lot sales.”

 JLL Vice President John Lydon represented CRG in the land acquisition and JLL Managing Director Tony Lydon represented the seller. Lydon and Bill Honsaker, managing director with JLL, will be handling the leasing at The Cubes at Glendale.

 “We’re excited to be marketing this unique project,” Honsaker said. “Phoenix attracted approximately 22 million square feet of industrial commitments in 2020, with around 75 percent of that activity happening in the West Valley.

 

John Lydon 
"The Cubes at Glendale will respond to that demand with site and building flexibility and scalability, along with robust utility infrastructure that will appeal to the most sophisticated users – including operations with heavy manufacturing requirements.”

 According to JLL research, Phoenix’s West Valley is an industrial hotspot that continues to surge due to strong labor, strategic location, business-friendly fundamentals and the accelerated demand the pandemic has placed on sectors such as e-commerce, medical supplies and food and beverage.

 The Cubes at Glendale is strategically located within the Loop 303 Corridor and near the newly-constructed Northern Parkway, providing multiple access points for trucks and employees.

Tony Lydon 

 The project’s first development is a 1.2 million-square-foot speculative warehouse featuring 40-foot clear heights, 213 dock doors, 50-foot by 56-foot column spacing and parking capable of handling 740 car parking spaces and 470 trailer parking spaces.

 “Parking for both cars and trucks has become one of the most important building specifications for modern users,” Sonnenberg said. 

“One of the main reasons we focused on this site over others was its size and lack of existing easements or interior roads, providing maximum development flexibility to meet users’ specific needs.”

 CRG’s parent company Clayco will serve as the builder, while enterprise partner Lamar Johnson Collaborative is the architect for the first warehouse.

Bill Honsaker

 “Our vertically integrated platform gives us a distinct advantage for projects like this,” Clark said. “Once we identify a good opportunity in a market, we can move quickly to understand the work involved and the pricing needed to make that project work. 

"The Cubes at Glendale is really the perfect example of our platform working, and we look forward to identifying future opportunities in Phoenix and across the Southwest.”

 CONTACTS:

Amanda Cienkus

 acienkus@taylorjohnson.com

(312) 267-4524

 Gretchen Muller, gmuller@taylorjohnson.com

 (312) 267-4511

 Glenn LaFollette, lafolletteg@realcrg.com

(312) 286-6494

www.realcrg.com.

www.birddogindustrial.com.

jll.com.


Easton & Associates Arranges Three Industrial Leases Totaling More than 128,000 Square Feet

Jim Armstrong

 Doral, FL —– Easton & Associates, the brokerage division of The Easton Group, recently completed three industrial lease transactions in Miami-Dade County totaling 128,732 square feet.

 Satellite Logistics Group- FL LLC extended a lease for 98,072 square feet of space at 12300 NW 32 Avenue in Miami.

Jim Armstrong and Mike Waite of Easton represented the landlord, Prologis-Exchange- 12300 NW 32nd Avenue LLC.  Wayne Ramoski of Cushman Wakefield represented the tenant.

 University Baptist Church of Coral Gables renewed a lease for 12, 232 square feet at 14260-14266 SW 119 Avenue in Miami.  Easton’s Jim Armstrong and Mike Waite represented the landlord, Seagis Deerwood LLC.  Maddox and Company represented University Baptist.

 Mike Waite

 Bluegate Inc. signed a new lease for 18,500 square feet of industrial space at 1175 NW 159 Drive in Miami.  Jim Armstrong and Waite represented the landlord, 1175 NW 159th LLC.

 “The industrial leasing activity remains solid as we enter 2021,” said Waite. “Now that we’ve rolled out a COVID vaccine in South Florida, I suspect business and consumer confidence will only get stronger providing lots of new opportunity in the commercial real estate market.”

 CONTACT:

Todd Templin

Executive Vice President

BoardroomPR

 Wayne Ramoski
ttemplin@boardroompr.com               

O 954-370-8999

C 954-290-0810

Web | Facebook | LinkedIn | Twitter | 

Instagram

 www.theeastongroup.com.

Westport Properties Merges With Vertex Investments to Create Residential Platform

Scott McCormick
  NEWPORT BEACH, CA -- Westport Properties, a premier owner/operator of self storage facilities nationally under the brand US Storage Centers, announced it has merged with Vertex Investments, a privately held real estate investment company primarily focused on multifamily and mobile home parks, throughout the United States.

 The company currently owns and manages seven multifamily properties totaling 638 units.

 The merger will allow Westport to expand and diversify its portfolio with multifamily being a big growth area for the company.  Vertex Investments’ co-founders David Grissom and Scott McCormick will now serve as Managing Partners of Westport Properties’ residential vertical, Westport Residential.

 “David and I have had a close working relationship for over a decade when I realized his values and culture aligned with Westport’s,” said Drew Hoeven, Chairman and CIO of Westport Properties. 

Drew Hoeven
 “This merger was the perfect opportunity and partner for us to launch a residential platform that we have envisioned for some time.  

"We now have the resources and expertise to acquire multifamily properties and manage them in-house while continuing our growth within the self storage and industrial verticals.”

Grissom and McCormick launched Vertex Investments in 2017.  With more than 16 years in commercial real estate Grissom previously worked with multiple high profile companies on acquisition and development projects valued at over $1.1 billion.

    McCormick has over 16 years of experience in commercial real estate and has managed over 4.5 million square feet valued at over $400 million.

 “We are excited to join the Westport Properties family of companies.  Having known and worked with Drew for many years, I know we share the same values and vision. 

               David Grissom

 "Westport has a well-established team of professionals that will be instrumental in growing the residential platform,” Grissom said. 

 McCormick continued by saying, “We have enjoyed working with the Westport team over the years.  

"Sharing the same goals and culture, it made sense to merge with Westport.  We are thrilled to join a premier organization that will enable us to continue to grow and provide a high level of service to our clients.”

 CONTACT:

 David Ebeling

Ebeling Communications

949.861.8351

949.278.7851 (Cell)

david@ebelingcomm.com

 

Friday, January 15, 2021

NorthMarq continues expansion with Investment Sales Leaders Parker Stewart, Dominic Martinez and Alex Malzone in St. Louis

  

Parker Stewart

ST. LOUIS, MO --NorthMarq’s multifamily investment sales platform, which grew into 15 offices through year end 2020, adds new market-leading investment sales experts in the company’s St. Louis debt & equity office.

Parker Stewart joins the company as managing director – Investment Sales to cover St. Louis and Midwest secondary and tertiary markets.

  Dominic Martinez, associate vice president, and Alex Malzone, senior associate, also come to NorthMarq to focus on multifamily investment sales across the Midwest.

 Dominic
Martinez
  They will partner with NorthMarq’s existing debt and equity team led by Jeff Chaney and David Garfinkel, managing directors – debt and equity, in St. Louis, along with the company’s other Midwest debt and equity experts in Chicago, Kansas City, Omaha, and Minneapolis.

Both Stewart and Martinez are graduates of the University of Missouri-Columbia and natives of the St. Louis area.

 Stewart brings his previous experience with Berkadia, where he completed the sale of over 7,500 units and $750,000,000 in total consideration, within seven states across the region.

Alex Malzone

 Martinez, a CPA with prior experience at PricewaterhouseCoopers, brings extensive knowledge and an attention to detail to each transaction. 

At Berkadia, he competed the sale of over 3,500 units and $300,000,000 in consideration.

The St. Louis office will offer investment sales coverage in conjunction with the other NorthMarq offices across the country to market multifamily assets and help clients identify the best financing structure.

David
Garfinkel
 Jeff Chaney
  The NorthMarq platform now includes teams in 16 states, with more 60 investment sales professionals.

 




CONTACT:

 NorthMarq 

aaminov@northmarq.com

Side Firm's Annual (Virtual) Two-Day Real Estate Conference Starts Jan. 26 in San Francisco, CA

Merritt Hummer
 

SAN FRANCISCO, CA – On Tuesday, Jan 26 and Wednesday, Jan 27, San Francisco-based technology brokerage platform, Side, will be hosting its annual (virtual) real estate conference bringing the biggest experts in real estate to discuss the industry’s hottest topics. .

Shannon McGahn



Daymond John

Rick Sharga

 The two-day event will cover: 

  • 2021 market productions, post-election outlook, the future of real estate in a post-pandemic world, the great COVID migration and preparing for a market reshuffle;

  • selling to foreign buyers, how to scale as an indie broker, effective strategies to compete with iBuyer/iBroker product offering, data-driven marketing strategies; 

  • insight from VC partners on identifying the next great startup, breaking into the luxury market, and more! Full Agenda Here
Paul Levine

 Speakers include: Daymond John, Branding Guru/Shark Tank, Shannon McGahn, Chief Advocacy Officer and former SVP of Government Affairs, NAR, Rick Sharga, EVP at RealtyTrac, Merritt Hummer, Brain Capital Ventures, Paul Levine, Sapphire Ventures, Guy Gal, Side CEO.  Full list of speakers here

 

Side X Side – Annual Virtual Conference

January 26, 2021 – 9AM PST – 4:30PM PST

January 27, 2021 – 9AM PST – 1:30PM PST

Register For Free Here

 

Guy Gal

"The event comes at a crucial time as we embark on yet another uncertain pandemic year," says Gal, CEO of Side.

  CONTACT:


Brandon Muratalla  

Senior Account Executive

Murphy O'Brien    

m: 951.264.8179

Phelan Development Acquires 25 Acres of Industrial Land in San Diego, CA for $11.5 Million

Mike DeArmey 
 SAN DIEGO, CA – JLL announced that Phelan Development has paid $11.5 million for a 25-acre parcel of land in San Diego, California. 

 The land is expected to receive full entitlements in the first quarter of 2021 with construction slated to commence in the second quarter of 2021.

 Phelan Development will begin development on a six building, 400,000-square-foot industrial park.  Buildings will range in size from 35,000 square feet to 135,000-square feet and will be available for lease or sale.

Andy Irwin
 The buildings offer state of the art features including ESFR sprinklers, 32-foot to 36-foot warehouse clearance, high dock door counts and energy efficient designs. Development is scheduled to be completed in the first quarter of 2021. 

 “Phelan Development Company is excited to enter the Otay Mesa market with this purchase,” said Mike DeArmey of Phelan Development.

  “Otay Mesa has become one of the most dynamic markets in San Diego County and we look forward to bringing Class A industrial product to the market for lease and sale.“

Joe Anderson

 JLL’s Andy Irwin, Joe Anderson, Ryan Spradling and Greg Lewis represented the seller, Sunwood in the transaction.  

They have also been retained to market the buildings for lease or sale.  Phelan Development represented themselves in the transaction. 

 "With COVID and the continued growth of ecommerce, we have seen a surge in demand for industrial space in San Diego County," said Andy Irwin, JLL Vice President. "Unfortunately, we have limited supply with vacancy at 4.6 percent as of the third quarter of this year.”

Ryan Spradling
 The site is located at the northwest corner of the SR-125 and SR 905 interchange on Otay Mesa Road providing excellent access to the rest of the San Diego with close proximity to the I-805 and I-5 freeways.

  Sitting just 2.5 miles from the international commercial border crossing with over $45 billion in annual flow of goods, businesses will be able to leverage the location to accommodate the growing cross border activity.

  It is also home to the highest concentration of Fortune 500 companies in San Diego, offering both the lowest occupancy costs and the best access to labor in the region.

Greg Lewis 

CONTACT:

David Ebeling

Ebeling Communications

949.861.8351

949.278.7851 (Cell)

david@ebelingcomm.com