Stevens-Leinweber Construction Breaks Ground on Savage Universal HQ Expansion in Chandler, AZ

 Rendering of planned Savage Universal headquarters,
2060 South Douglas Drive, Chandler, AZ

PHOENIX, AZ – Phoenix-based Stevens-Leinweber Construction (SLC) has broken ground on a build-to-suit headquarters expansion for Savage Universal, a worldwide leader in background and photographic products, based in Chandler, Arizona.

 

The 45,117-square-foot expansion will sit directly adjacent to Savage’s existing headquarters, a 61,908-square-foot office/industrial flex building located at 2060 S. Douglas Dr. in Chandler, Arizona.

Richard Pressman

The site is located immediately adjacent to Chandler Municipal Airport, just west of Gilbert Road and approximately one mile south of the Loop 202/Santan Freeway.

 

Founded in 1937, Savage is a worldwide leader and manufacturer of paper backgrounds and photographic products for professionals and semi-professionals.

 

Products available through the family-owned company include photography backdrops, photo mats and mount boards, LED lighting and patented studio equipment.

 

The headquarters expansion will allow Savage to add new manufacturing, warehouse and distribution space, and create additional office space for current and future administrative needs.

 

“The scope of our company has grown exponentially since our start more than 80 years ago,” said Savage Universal Corporation Chairman of the Board Hayward Richard Pressman.

 

“During COVID we experienced another unique but notable year of growth, as companies were forced to retool the way they communicate with customers and as enthusiasts and semi-professionals found they had more time to pursue photography as a business or hobby.

 

"We expect many of these shifts will be permanent, and we look forward to using our expanded headquarters to fully support the needs of our increasingly diverse customer base.”

 Jamie Godwin

The Savage headquarters expansion will feature contemporary warehouse and manufacturing amenities with a 28’ clear height.

                     

“As a company celebrating its 40^th anniversary this year, we understand the commitment it takes to remain in business and thriving from decade to decade,” said Stevens-Leinweber Construction President Jamie Godwin.

 

 “We’re thrilled to be a part of this expansion for Savage and wish them many more years of success.”

 

The project architect for the Savage expansion is Winton Architects. Construction on the headquarters expansion is underway now. The project is scheduled for completion by January 2022.

 

 CONTACT:

 

Stacey Hershauer

stacey@focusaz.com

480.600.0195

 

Bridge Office Inks 115,358-Square-Foot Lease at Flagler Station in Miami, FL

 

Kelly Kuykendall

 

ATLANTA, GA – Bridge Office Fund Manager LLC (“Bridge Office”), a subsidiary of Bridge Investment Group LLC (“Bridge”) announced it has executed a 115,358-square-foot lease for Cano Health at Flagler Station in Miami.

 

 The deal is the largest of 21 lease agreements signed across Bridge’s South Florida portfolio since the start of Q1 2021, bringing total deal volume in the market to more than 295,000 square feet. 

“With office reentry gaining serious momentum across the country, we look forward to welcoming back our new and existing tenants at our properties across Florida,” said Kelly Kuykendall, managing director of acquisitions and asset management for Bridge.

  “Our assets in South Florida are seeing this growth due to Bridge’s ability to quickly pivot and meet evolving tenant needs.

 

"Our portfolio in South Florida has held steady throughout the pandemic and is now seeing increased, almost unprecedented activity due to their inimitable locations that offer the amenity-rich characteristics that many companies are now searching for.” 

Flagler Station, Miami, FL

The most notable transaction is an expansion for Cano Health, who previously occupied 29,834 square feet at the park.

 Cano Health is one of the country’s largest senior health providers and has cemented its headquarters at Flagler Station, where it will occupy the entire 1200 building by the end of 2022.

Cameron Tallon, senior vice president at JLL, represented Bridge in the transaction. 

 

Cameron Tallon

“Our team was thrilled to assist with Cano Health’s expansion at Flagler Station, which reflects a broader resurgence in the office market as the pandemic winds down,” said Tallon.

 

“Flagler Station’s unparalleled visibility and amenities were key factors in Cano’s decision to expand, and we look forward to fielding more leasing inquiries at one of Bridge’s premier properties in South Florida.” 

CONTACTS:

 Ashley Rutledge 

The Wilbert Group

www.thewilbertgroup.com

Nick Banaszak

The Wilbert Group

nbanaszak@thewilbertgroup.com

 https://bridgecre-office.com/.

 

Plaza Advisors Announces the Sale of Riverview Town Centre Located in the Tampa Bay MSA

Jim Michalak

 RIVERVIEW, FL -- Plaza Advisors is pleased to announce the sale of Riverview Town Centre. The 46,002 square foot retail plaza is located in Riverview, Florida. 

The plaza is at the intersection of US 301 and Gibsonton Drive.

 This intersection has a combined daily traffic count exceeding 66,000 vehicles. Riverview Town Centre is shadow anchored by a Lowes home improvement store.

 The property was 93% occupied, at the time of sale, with a tenant roster including:  Amscot, Sport Clips, Dickey’s BBQ, Rent King and Mattress Firm.

 The plaza was newly constructed in 2006 and was sold by the original developer. The Buyer was Riverview Town Centre, LLC a private investor. 

Keith Nurre

 Jim Michalak and Keith Nurre of Plaza Advisors represented the seller. David Spezza of Equity Partners Real Estate, LLC represented the buyer in the transaction.

 “Riverview, a suburb within Southeast Hillsborough County, is one of the fastest growing areas in the Tampa Bay MSA. The five year population growth is projected to exceed 13%” noted Michalak.

 “In 2021 a large portion of US 301 was improved and expanded. Numerous recent developments including; residential planned unit communities, medical facilities and retail assets have been constructed in the Riverview area over the past seven years” Michalak added.

 CONTACT:

 Jim Michalak

Managing Partner

Plaza Advisors

 

3412 Bay To Bay Boulevard

Tampa, FL 33629

813.837.1300 Ext. 1

Fax 831.2627

jim.michalak@plazadvisors.com

 

 www.plazadvisors.com

Stan Johnson Co. Facilitates Sale of Bank of America Center in Winder, GA

Julie Clyburn

 WINDER, GA -- Stan Johnson Company, one of commercial real estate’s leading investment sales brokerage firms, has announced the sale of a 10,947-square-foot retail center located at 102 North Broad Street in Winder, Georgia.

At the time of sale, Bank of America Center was more than half occupied by Bank of America and featured two vacant suites.

Stan Johnson Company’s Doug Clyburn and Julie Clyburn represented the seller, a private investor from Watkinsville, Georgia.

The buyer, a developer from Atlanta, Georgia, was represented by Jeff Enck of Stan Johnson Company. The asset traded for more than $1.0 million reflecting a 5.60 percent cap rate.

Doug Clyburn

“Bank of America had three years remaining on its triple net lease, and together with the two vacant suites, provided a value-add component to the property,” said Doug Clyburn, Associate Director in Stan Johnson Company’s Alpharetta, Georgia office.

“The center is located in the heart of Winder, Georgia, which is a prosperous and growing community in Barrow County – the 24^th fastest growing county in the nation.”

Originally built in 1970, Bank of America has operated at this site for more than 38 years. 

The property is located on a 1.8-acre corner lot with direct access to three roadways and visibility to one of the town’s busiest thoroughfares. 

Jeff Enck 

The city of Winder is located 50 miles northeast of downtown Atlanta and approximately 20 minutes west of the University of Georgia’s main campus in Athens.

“The buyer was pleased to acquire a well-located property with the rare combination of credit and upside,” added Enck, Associate Director in Stan Johnson Company’s Atlanta, Georgia office.

 

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.stanjohnsonco.com.

 

Hold-Thyssen Negotiates $7 Million Sale of High-Profile Winter Springs, FL Office Building

 

Vistawilla Office Center, Winter Springs, FL

 

WINTER SPRINGS  --- Hold-Thyssen, Inc., a full service commercial property firm based in Winter Park, recently closed on the sale of Vistawilla Office Center at 1511 E. SR 434 at the intersection of State Road 417.   

 Hold-Thyssen’s Transaction Specialist Nicholas B. O’Shea negotiated the sale representing the seller Vistawilla Office Center , LLC. 

 The buyer, an Orlando-based investor, paid $7,000,000 for the 39,877 square foot, fully-leased building on a five-acre site. 

Nicholas B. O’Shea

Noteworthy long-term tenants include The Seminole County-University of Central Florida Business Incubator, leasing 10,000 square feet, Alpha EMC, leasing 9,428 square feet and Snap-On Tools Company, with 3,140 square feet.

 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:           

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

 

Beth Payan, Larry Vershel Communications Inc.

 407-644-4142 Beth@larryvershel.com.

 

The Woodmont Co. Begins Construction of New Kiddie Academy of New Braunfels, TX

 

Dr. Michelle Meza

 

NEW BRAUNFELS, TX -- The Woodmont Company, a national real estate firm specializing in the development, management, leasing and sale of retail properties, has started construction on a new 10,011 square-foot Kiddie Academy of New Braunfels, located at the Southwest corner of FM 1101 and Kowald Lane.
 
Kiddie Academy of New Braunfels is scheduled to open in late Fall 2021 and will be owned and operated by  Dr. Michelle Meza. It will offer full time care for children between 6 weeks and 5 years old.
 

Grant Gary

“We are very excited to open the First Kiddie Academy location in the area," said Dr. Meza.
 
"This childcare and learning center will give us the  opportunity to give back to the place we call home by providing a solid educational foundation choice for the children of New Braunfels and the surrounding area."
 

 

"We are honored to have the opportunity to partner in the development of this multiple phase retail project in New Braunfels,     driven by a new ground up Kiddie Academy Educational Childcare facility," said Grant Gary, president of brokerage for The Woodmont Company.

 

 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.”
 

 NewMarkMerrill.com.

 

RKW Residential Expands in Atlanta with Artesia and The Mill at Westside Heights Communities

 

Teresa DeVos

  

Charlotte, NC and Atlanta, GA, June 28, 2021 — In just a short time since expanding into Georgia, RKW Residential has established a significant presence.

The premier multifamily management firm obtained two prime community assignments in the Atlanta market from existing client Starlight U.S. Multifamily.

 RKW is now overseeing leasing and management of Starlight’s The Mill at Westside in Atlanta and Artesia Big Creek in Alpharetta. The upscale communities have a combined 551 apartments.

The Mill at Westside apartments, Atlanta, GA

Additionally, RKW is providing consulting services for Georgia multifamily developments totaling a combined 2,000 units.

 “We are growing quickly in Georgia thanks to our incredible people, industry reputation and strong relationships,” said Teresa DeVos, RKW’s Senior Vice President for the Georgia market.

 “It is exciting to partner again with Starlight on two beautiful communities that are well-positioned to accommodate the pent-up demand for Class A apartments in the area.”

  CONTACT:

Eric Kalis

Vice President

 BoardroomPR

ekalis@boardroompr.com

O 954-370-8999 

C 305-794-5123

Bank of America Plaza | 1776 N Pine Island Road

Suite 320 | Fort Lauderdale, FL 33322

Web | Facebook | LinkedIn | Twitter | Instagram

www.rkwresidential.com.

NewMark Merrill Companies Team Continues to Grow

 

Sanford D. (Sandy) Sigal

 Woodland Hills, CA – NewMark Merrill Companies, Inc., a Woodland Hills, California-based retail shopping center owner, continues to grow its team of shopping center professionals.

Throughout the pandemic, the Company continued to make investments and improvements in their properties, as well as invest in their team.

As the re-opening of the company’s markets continue, additional team members have been brought on to support NewMark Merrill’s growth.

 Recently, the company has added six new team members ranging from property management to human resources to accounting.

Please meet our newest team members:

 

• Liliana Palacios, our new Assistant Property Manager, will oversee Anaheim Town Square in Anaheim, CA, among other properties.  She comes to us with varied property management experience, most recently with a large real estate investment trust.

Larissa Yllescas 

Larissa Yllescas is our new HR Coordinator in our Woodland Hills headquarters. Previously she served as HR coordinator at a national accounting and advisory services firm.  She works with our People Support and Recruiting Operations teams.

Isak Sabzanov

Isak Sabzanov, our new Senior Property Accountant in Woodland Hills, previously worked for NewMark Merrill for four years. Most recently he worked as a Senior Property Accountant for a large real estate investment firm.

 

• Earl Gratuito, our new Assistant Property Manager in Sacramento, has been added to support our properties in the Sacramento area including Southgate Plaza, Marketplace 99, Valley Mack Plaza, and Madison Marketplace among others. Earl previously worked at a global commercial real estate services firm.

 

• Edwin Morgan, our new CAM Accountant based in Woodland Hills, comes to us with over 20+ years of real estate industry experience, most recently serving as Senior Property Accountant at a national shopping center owner and operator.

 

• Max Kinsbruner, our new Operations Assistant, recently graduated from The University of Alabama with a degree in Business Finance with a specialization in Real Estate and a Masters in Management with a concentration in Real Estate.

Barret Bradley

•   Barret Bradley hired as Vice President of Acquisitions & Development for the company’s San Diego Division. In his role, Mr. Bradley is responsible for sourcing and overseeing acquisitions of existing retail properties in addition to identifying and managing new development projects within San Diego County, South Orange County, and South Riverside County.

 "NewMark Merrill Companies continues to hire the most passionate, creative and committed team members in each area of our business,” commented Sanford D. (Sandy) Sigal, President and CEO of NewMark Merrill Companies.

“I am so happy to see so many great and talented individuals joining our company and we look forward to our journey with them as we continue to serve and care for our merchants, our communities, and grow a work environment that is rewarding and challenging, and where each member helps us discovery new ways to contribute and add value to our centers.”

 NewMark Merrill Companies continues to hire for multiple positions currently open across the portfolio. If you are interested in learning more about joining our team, please visit NewMarkMerrill.com/careers.

  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.”
 

 NewMarkMerrill.com.