NAI Realvest's Mary Frances West Handles New Leasing Activity at Four Major Central Florida Commerce Parks

 

Mary Frances West

ORLANDO, FL  – Mary Frances West, CCIM, Vice President at NAI Realvest, recently completed a new lease as well as an expansion at   2460-2468 West SR 426, Oviedo, Florida.  West represents the owner, Oviedo Commerce Center, LLC, of the 4-building, 53,000 SF industrial center.

Oviedo Commerce Center, Oviedo, FL

 Complete Pest Management, LLC signed a new lease for 2464 West SR 426, suite 1030 with 3,200 SF.  Complete Pest Management offers landscape and irrigation services.

 Onsite Safety, Inc. expanded into an additional 6,400 SF in suites 1022-1024 at 2464 West SR 426, occupying a total of 22,705 SF. Onsite Safety specializes in workplace safety supplies and OSHA safety classes.

  CONTACTS:

 Mary Frances West, CCIM, Vice President,

NAI Realvest 407-875-9989, mfwest@realvest.com

 Patrick Mahoney, President/CEO, NAI Realvest,

407-875-9989 pmahoney@realvest.com

Yelena Gurtovenko 

ygurtovenko@realvest.com

*****************************************************************

Primera Court II in Lake Mary, FL Completes Renewal and Expansions for Long-Term Tenants

Primera Court II, Lake Mary, FL

ORLANDO – Mary Frances West, CCIM, Vice President at NAI Realvest, recently completed a renewal and expansion for long-term tenants at Primera Court II, 735 Primera Blvd, Lake Mary, Florida.  West represents the owner, Interchange Primera Court II, LLC.  The property is a two-story, 31,840 SF office building located in the Primera Office Park.

 Ajax Building Corporation specializes in commercial construction.  They expanded into an additional 1,408 SF in suite 210 for a total of 2,816 SF. 

 Alkan Mortgage Corporation dba Certified Mortgage Planners of Florida is a long-term tenant.  They renewed their lease of suite 110 with 2,670 SF. 

 CONTACTS:

Mary Frances West, CCIM, Vice President, NAI Realvest 

407-875-9989, mfwest@realvest.com

Patrick Mahoney, President/CEO, NAI Realvest, 

407-875-9989 pmahoney@realvest.com

 Yelena Gurtovenko 

ygurtovenko@realvest.com

*****************************************************************

Monroe Commerce Park in Sanford, FL Signs Three New Industrial Leases

Monroe Commerce Park, Sanford, FL

ORLANDO, FL – Mary Frances West, CCIM, Vice President at NAI Realvest, recently completed 3 industrial leases totaling 11,625 SF in Monroe Commerce Park in Sanford.  West represents the owners, CWP Monroe Investors, LLC and Ocala North Partnership, LLC.

 Monroe Commerce Park was recently re-branded (formerly known as Monroe CommerCenter South) and is located at Church Street & Monroe Road, Sanford.  The industrial park is 116,500 SF and is 90% leased. 

 Ligonier Ministries, Inc. signed a new lease for 4,000 SF at 655 Progress Way.  Ligonier Ministries is a multi-media Christian outreach organization.

Farah Novin 

Hemera Holdings, Inc. originally leased 3,750 SF at 4168 Flex Court in December 2020.  They are expanding into an additional 2,000 SF at 631 Progress Way for a total of 5,750 SF, as demand for their business is booming.

 Hemera Holdings is one of the largest suppliers of disposable medical supplies such as gloves, face masks, hand sanitizer, etc.  They were represented by Farah Novin  of Coldwell Banker Realty.

Sarah Castor 

Builder Services Group, Inc. renewed their lease of 5,625 SF at 4176 Flex Court. The company is based primarily in Daytona Beach – this is an adjunct location.  The tenant was represented by Sarah Castor with Cresa.

  CONTACTS:

Mary Frances West, CCIM, Vice President, NAI Realvest 

407-875-9989, mfwest@realvest.com

Patrick Mahoney, President/CEO, NAI Realvest, 

407-875-9989 pmahoney@realvest.com

 Yelena Gurtovenko 

ygurtovenko@realvest.com

**************************************************************

Primera Court I in Lake Mary, FL Welcomes Two New Tenants

Primera Court I, 725 Primera Boulevard, Lake Mary, FL

ORLANDO, FL – Mary Frances West, CCIM, Vice President at NAI Realvest, recently completed two leases for new tenants at Primera Court I, 725 Primera Blvd, Lake Mary, Florida.  West represents the owner, Interchange Primera Court I, LLC.

Justin Walker

Schaffer Construction, LLC is a general contractor, development and development services firm.  They have been in business since 2012 and have offices in Lake Mary and Frisco, Texas.  They leased suite 150 with 1,122 SF. 

 Unity Prosthetics & Orthotics is a supplier of prosthetics and orthotics.  They leased 1,408 SF in suite 205 and were represented by Justin Walker with Harbert Realty.

 CONTACTS:

Mary Frances West, CCIM, Vice President, NAI Realvest 

407-875-9989, mfwest@realvest.com

Patrick Mahoney, President/CEO, NAI Realvest, 

407-875-9989 pmahoney@realvest.com

 Yelena Gurtovenko 

ygurtovenko@realvest.com

St. Regis Punta Mita beachfront hotel in Mexico sold

 

 St. Regis Punta Mita Resort, 
Punta de Mita, Nayarit, Mexico

MIAMI, FL – JLL Hotels & Hospitality announced it closed the sale of the luxurious, beachfront St. Regis Punta Mita Resort, located in Punta de Mita, Nayarit, Mexico.

 JLL represented the seller to complete the sale to a joint venture owned by Vertex Real Estate Investors, through its Fund II, and Grupo MRP, through its Fund V.

The JLL Hotels & Hospitality team representing the seller was led by Managing Director Gregory Rumpel and Senior Vice President Carolina Lacerda.

Carolina Lacerda

The St. Regis Punta Mita resort opened in 2008 and consists of a total of 120 keys, including 31 suites.

 The hotel also features six food and beverage outlets, 7,806 square feet of indoor and terrace meeting and conference space, an indoor/outdoor spa totaling 14,235 square feet, a 2,863-square-foot fitness center and three infinity pools with hot tubs.

Alslo: a children’s club, over 1,600 square feet of boutique and retail space, and offers access to a Championship 18-hole Jack Nicklaus Signature Golf Course, a private beach and tennis center, containing five courts.

Gregory Rumpel

 The hotel is located within the gated community of Punta Mita. Punta Mita is surrounded by pristine beaches, being positioned along the Pacific Ocean and Banderas Bay on Mexico’s West Coast, with world-class amenities, across 1,500 acres. 

The community is also proximate to Puerto Vallarta’s international airport, offering direct flights from major markets across the world.

 

For more news, videos and research resources on JLL, please visit our newsroom.

 CONTACT:

Natalie Passarelli
PR, Americas

JLL

M +1 224 477 7307

JLL.com

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Hold-Thyssen Completes Sale of Celebration, FL Office Building

 

Martin Forster

CELEBRATION, FL. --- Hold-Thyssen closed on the user sale of a 7,435 square foot free-standing office building on a half acre site in Celebration.  The property at 1216 Patrick Street, built in 1997 and refurbished in 2017, sold to the tenant for $1,768,850.00. 

 Hold-Thyssen Senior Director Martin Forster, CCIM brokered the transaction on behalf of the seller, 1216 Patrick Street, LLC. 

The buyer 1216 SCARF, LLC embodies principals of Serving Children and Reaching Families, LLC, a rapidly growing, minority woman-owned, behavioral health service provider. 

 Forster said SCARF had leased the one-story building since October 2017 and decided to take advantage of current low interest rates and an SBA loan. 

John Hanrahan

 Lender One Florida Bank was represented by Senior VP Shane McCutchen in collaboration with Florida First Capital Finance Corp.’s Vice President John Hanrahan who arranged the SBA portion of the loan.

 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 . 

 CONTACTS:

Richard J. Fisher, Vice President/Investor Services, Hold-Thyssen, Inc. 

727-238-3876 rfisher@HoldThyssen.com

 Robert P. Hold, Principal, Hold-Thyssen, Inc.

407-691-0505, bhold@HoldThyssen.com

 Beth Payan, Larry Vershel Communications Inc.

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

 

 

Regal signs 87,046 SF lease at Douglas Emmett’s legendary Sherman Oaks Galleria in California's San Fernando Valley

                                            Shauna Mattis  

 LOS ANGELES, CA – Legendary open-air business and lifestyle center Sherman Oaks Galleria announced it has secured an 87,046-square-foot lease with Regal to occupy the former ArcLight Cinemas space which closed in April 2021.

 The new Regal theatre is scheduled to open soon, with a full remodel planned shortly after opening.

Moshe "Mooky" Joseph Greidinger

Regal Sherman Oaks Galleria will eventually feature 3 premium format auditoriums including IMAX, 4DX and ScreenX and will also include a VIP section with upgraded auditoriums featuring luxury recliners, reserved seating, an enhanced menu and lounge.

                   Scott Burns  

“We are happy to add the great location of Sherman Oaks Galleria to our circuit,” said Mooky Greidinger, CEO of Cineworld, parent company of Regal.

 “We plan to open the theatre as soon as possible and start refurbishing the location to be in line with our strategy of bringing our customers ‘The Best Place to Watch a Movie.’”

JLL’s Shauna Mattis, Scott Burns, Greg Briest and Alex Otto represented the landlord, Douglas Emmett. 

“Since the beginning of the year, we have seen increased retail leasing activity from new concepts, growing existing brands and tenants well-positioned for long-term growth,” said Mattis, JLL Executive Vice President. 

 Greg Briest

 John Khamneipur, the General Manager of the Sherman Oaks Galleria continues, “We look forward to welcoming Regal to The Galleria and continuing our tradition of bringing world-class lifestyle and entertainment destinations to the San Fernando Valley.”

The lease with Regal reflects the continued strength of the Sherman Oaks Galleria over the past few years. In 2020 alone, Starbucks, 24 Hour Fitness, and Paul Mitchell School all signed long-term lease renewals for a combined total of over 58,000 square feet.

Even with the COVID-19 pandemic, these name-brand tenants demonstrated their commitment to the Sherman Oaks Galleria.

Alex Otto 

Sherman Oaks Galleria is a centrally located, open-air business and lifestyle center that includes Class-A office space overlooking a retail and entertainment complex.

 In addition to hosting a vibrant daytime business community, in the evenings and weekends “The Galleria” transforms into a lively family shopping, dining and entertainment destination.

John Khamneipur

The Galleria boasts its own “Restaurant Row” including The Cheesecake Factory, Buffalo Wild Wings, P.F. Chang’s China Bistro and Frida Mexican Cuisine.

Sherman Oaks Galleria is also a lifestyle destination featuring 24 Hour Fitness, Burke Williams Day Spa, DSW Shoe Warehouse, European Wax Center, DeVry University and Paul Mitchell the School.

 

  

CONTACT: 

 David Ebeling

Ebeling Communications

949.861.8351

949.278.7851 (Cell)

david@ebelingcomm.com

Member of the National Association of Real Estate Editors (NAREE)

“PR Strategist for the Commercial Real Estate Industry:  I do what I love and love what I do.”

www.douglasemmett.com.

REGmovies.com.

 

Pyramid Hotel Group Promotes John Hamilton to Executive Vice President of Business Development

 John Hamilton

 BOSTON, MA — Pyramid Hotel Group, a leading, worldwide hotel management company, announced the promotion of John Hamilton to executive vice president of business development. 

In his new position, he will play an increased role overseeing the company’s new management assignments, acquisitions and business developments as it seeks to double its portfolio within the next three to five years.

                “For nearly the past two decades, John has played an integral role shaping and growing Pyramid Hotel Group into the hotel management institution it has become,” said Warren Fields, president & CEO, Pyramid Hotel Group. 

Warren Fields

“With a professional career spanning nearly 40 years, he has provided instrumental experience sourcing, evaluating, underwriting and executing hospitality real estate and management transactions on Pyramid’s behalf. 

"John deserves this recognition for everything he’s done for us in the past, and we look forward to all he will accomplish in the years to come.”

Previously a licensed CPA, Hamilton has been associated with such prominent firms as Destination Hotels and Resorts, Promus Hotels, Carnival Hotels & Resorts, Doubletree Hotels and Laventhol & Horwath.

CONTACT: 

CHRIS DALY

PRESIDENT

DG Public Relations, LLC

42806 Oatyer Court

Broadlands, Va. 20148

Main: 703-435-6293

Mobile: 703-864-5553

 chris@dalygray.com | www.dalygray.com

 

Melissa Trubatisky hired as Underwriting and Escrow Training Coordinator for the Southwest Region at Alliant National

Melissa Trubatisky

 

Longmont, CO – Alliant National Title Insurance Company, a unique title insurance underwriter that partners with independent agents to improve their competitive position, announces the hiring of Melissa Trubatisky to the position of Underwriting and Escrow Training Coordinator for the Southwest Region. Trubatisky’s past experiences will serve her well at Alliant National, where she will be responsible for providing agency support and working closely with underwriting counsel to answer agents’ escrow questions. She will also be heavily involved in agent training and continuing education initiatives. KC West “Alliant National’s strength has always been its people, and Melissa is no exception,” said KC West, SVP and Southwest Regional Manager at Alliant National. “She brings an incredible array of experiences, talents and skills to our team, and I have no doubt she will add major value to our underwriting, training and continuing education efforts.  "In short, she will be a huge asset to our company.”

 

 CONTACT: 

Cathie Beck 
303.241.0805
cathie@capitalcitypr.com

alliantnational.com

marketing@alliantnational.com

 

JLL closes the largest single-asset apartment transaction in Colorado history at $435 million

 

Pamela Koster

DENVER, CO – JLL’s Capital Markets team announced  it closed the $435 million sale and $282.75 million financing for the Palomino Park Apartments, a 1,184-unit, upscale apartment community in the Highlands Ranch submarket of southeast Denver.

Matthew Lawton

JLL represented the seller, Nuveen Real Estate, to complete the sale. JLL also represented an undisclosed buyer to secure the financing.

 The purchase price makes the sale the largest single-asset apartment trade in Colorado's history.

 The 1,184 apartments are part of a 106-acre master planned community. The apartments are arranged in three separate "villages," Blue Ridge, Green River and Red Canyon, each with its own identity and individual 4,000-square-foot clubhouse. 

The purchase also includes access to a 26,000-square-foot recreation center, the Colorado Club, that sits on a 30-acre central park within the community and serves as an amenity for the three apartment villages as well as the two, for-sale owner-occupied villages. 

 Jordan Robbins 

 To date, approximately 50% of all the apartment units have undergone varying scopes of interior updates.  

In addition, the opportunity exists to upgrade the Colorado Club, offering an ample value-add opportunity for the buyer to continue renovating the property to enhance the unique setting and characteristics of this legacy community.  

 Located at 6700 Palomino Pkwy., the property is positioned in an extremely sought-after suburban location with strong demographics and a large demand for high-quality rental housing. 

Palomino Park also benefits from its close proximity to Colorado’s largest employment concentration, the Southeast Business Corridor, which is comprised of the Denver Tech Center, Greenwood Plaza Business Park, Meridian International Business Park and Ridgegate and collectively contains over 33 million square feet of office space and employs more than 240,000 people. 

Andy Scott 

Palomino Park is also located near one of the area’s most premiere shopping destinations, Park Meadows Mall, which comprises 4.7 million square feet of retail.

 The JLL Capital Markets team representing the seller was led by Executive Managing Director Matthew Lawton, Senior Managing Director Jordan Robbins and Managing Director Pamela Koster. Financing was led by Senior Managing Directors Andy Scott and Whitaker Johnson and Director Robert Bova.

 “With its low-density environment, unique floor plans and unmatched amenities, Palomino Park is truly irreplaceable and represents one of the premier and unique multi-housing assets on the entire west coast,” said Robbins.

Whitaker Johnson

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 deliver 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.

 About JLL

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

 Robert Bova

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 $16.6 billion, operations in over 80 countries and a global workforce of more than 91,000 as of March 31, 2021. 

JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. 

 

CONTACT: 

 Natalie Passarelli

 JLL Senior Associate

 Public Relations

Phone: +1 224 477 7307

Email:  Natalie.Passarelli@am.jll.com\

hamiltonzanze.com.

jll.com.