Tuesday, September 28, 2021

Popular Pride Factory Signs Lease for New Store in Wilton Manors, FL

 Kaley Tuning 

  FORT LAUDERDALE, FL –  – Native Realty Founder and CEO Jaime Sturgis announces the completion of more than 25,000 square feet of new leases at the Shoppes of Wilton Manors, including a deal for popular LGBTQ retailer Pride Factory to relocate from Fort Lauderdale to the Wilton Manors retail center. 

The firm’s Sturgis and Kaley Tuning exclusively represent Shoppes of Wilton Manors owner Grass River Property in leasing the repositioned former big-box property.

Before leasing the nearly 5,000-square-foot space at Shoppes of Wilton Manors, Pride Factory operated out of Fort Lauderdale for more than 25 years. It plans to open the new location in late 2021 and is in negotiations to add another 2,000 square feet of adjacent space at the center.

 

Shoppes of Wilton Manors
is part of the city’s Arts
 and Entertainment District

Pride Factory markets itself as the largest LGBTQ store in the Southeast U.S., with an array of clothing, swimwear, gym wear and more. It is relocating from its longtime store on Fort Lauderdale’s 13th Street.

 “We have been able to consistently generate leasing activity at the center throughout the global pandemic,” Sturgis said. “Grass River has done a great job revitalizing the property, and we are thrilled to see the center grow with a complementary mix of tenants.”

 Native finalized several additional new leases at Shoppes of Wilton Manors, including:

 BRXV Fitness, a full-service gym that is occupying 13,989 square feet at the center

  • Immediate Care Clinic, LLC, a chiropractor that is leasing 3,421 square feet
  • Mix Menswear, a clothing store that renewed its 2,516-square-foot lease at the center
  • Doggy Style Pet Boutique, a high-end pet groomer that is leasing 1,370 square feet

Jaime Sturgis
Located at 2262 Wilton Drive, the Shoppes of Wilton Manors is part of the city’s Arts and Entertainment District. Grass River acquired the center in 2018 and completed substantial renovations and capital improvements at the 5.4-acre property.

 

Native Realty is headquartered at 1926 E. Sunrise Blvd. in Fort Lauderdale.

  

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

 

RKW RESIDENTIAL Hires Gerardo Gato as Executive Vice President of Finance

Gerardo Gato

 Miami, FL, Sept. 28, 2021 — As RKW Residential’s rapid ascension to the top of the multifamily industry continues, the premier property management company is making another significant addition to its executive team with the arrival of Gerardo Gato as RKW’s Executive Vice President of Finance.

 Gato, who is based in RKW’s Miami office, has more than two decades of business experience across multiple industries.

Prior to joining RKW, he was the Executive Vice President and Chief Financial Officer for Monument Capital Management – one of many companies operated under Alex Rodriguez’s A-Rod Corp. 

 Before that, he was the CFO and Controller for major real estate investor and developer Adler Group and its subsidiaries and real estate holdings.

 

Marcie Williams

“We are thrilled to welcome Gerardo Gato to our team,” RKW President Marcie Williams said. “His multifaceted experience in operations, finance and development makes him a great asset. We plan to utilize his vast knowledge in many ways.”

 Gato earned a master’s degree in International Real Estate and a bachelor's degree in Finance from Florida International University. 

He specializes in all areas of accounting and financial management with an emphasis in real estate, consolidations, cash flow projections, financial modeling and real estate software applications.

 

 Alex Rodriguez

“It’s exciting to join a company that has grown to where it is now in such a short time,” Gato said. “I look forward to working closely with my new colleagues to take our growth to even greater heights.”

  

  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.

 

Trez Capital Adds A.J. Hammond to Growing Atlanta Office as Vice President, Origination

A.J. Hammond
 

 ATLANTA, GA – Trez Capitala private real estate lender helping to build better communities across North America, is pleased to announce that A.J. Hammond has joined the company as Vice President, Origination in Atlanta.

 Hammond, who will operate out of the growing Atlanta office, brings extensive commercial real estate experience to the team. He is versed in real estate finance transactions, asset management and special servicing.


Caperton “Cap” Putt 
Hammond is Trez Capital’s third major hire in Atlanta in 2021. 

 In April, the firm added Managing Director Caperton “Cap” Putt to lead the office, followed by Ryan Hodgdon who joined in June as Vice President, Origination.

 

“We welcome A.J. Hammond to Trez Capital’s Atlanta office with great enthusiasm,” said Putt.  


“His arrival comes at an ideal time to help us build a better future for our team, Trez Capital, our borrowers, and most importantly for businesses, families and communities. Our growing team will allow us to support sustainable growth in the markets our office serves.”


 

Ryan Hodgdon 

Hammond will be responsible for originating potential investments and sourcing new business opportunities for Trez Capital’s Atlanta loan origination platform covering the Atlanta MSA and broader Southeastern market.

 

Prior to joining the company, Hammond served as a credit officer with Voya Investment Management’s Real Estate Finance Group, where he was responsible for the review of third-party report diligence, lease/estoppel/SNDA (Subordination, Non-Disturbance and Attornment) procurement, and negotiated structured loan features of over $3 billion in commercial mortgages.

 

 

  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.trezcapital.com.

call 470-206-7007 or  email ajhammond@trezcapital.com.

 

The Castell Project Presents 2021 Castell Award to Gilda Perez-Alvarado, Global Chief Executive Officer of JLL Hotels & Hospitality

Gilda Perez-Alvarado

ATLANTA,GA, Sept. 28, 2021—Officials of Castell Project, Inc., a 501(c)3 nonprofit organization dedicated to accelerating the careers of women professionals in the hospitality industry, today named Global Chief Executive Officer of JLL Hotels & Hospitality Gilda Perez-Alvarado, as the recipient of its second annual Castell Award honoring a woman leader in the hospitality investment arena.

 The award was presented to Perez-Alvarado at the 2021 Lodging Conference held in Phoenix, Ariz., where she received a piece by artist Brad McCollum personally designed to evoke her heritage, her role as a trailblazer and her leadership as a champion of women in hospitality real estate.

 In her role with JLL, Perez-Alvarado is responsible for investment sales, debt and equity placement, strategic advisory and asset management across three global regions: Americas, EMEA and Asia Pacific.

Brad McCollum and friend

 She also serves on the Global Advisory Board of Qiddiya, a PIF-funded giga project in Saudi Arabia, serves in the Board of Directors of Sonder, is an active member of IREFAC, and a member of Cornell School of Hotel Administration Dean’s Advisory Board.

 Perez-Alvarado is also a two-time recipient of the Jack A. Shaffer Financial Advisor of the year at the Americas Lodging Investment Summit.

She remains the only woman to date to receive this award. As a mother, Perez-Alvarado exemplifies the truth that leadership and motherhood strengthen each other.

  “With women comprising 70% of the tourism and hospitality labor force worldwide, it is imperative that we set up an industry and a workplace that works for women. We have to invest in their education and ensure equal rights. It is not only the right thing to do, it is the smart thing to do,” Perez-Alvarado said.

 

 Peggy Berg

“It is a pleasure to showcase the fabulous powerful women like Gilda now leading the hospitality industry – particularly in real estate and finance,” said Peggy Berg, Castell Project president. “In a field notoriously resistant to change, Gilda’s success shows that companies which develop diverse talent win in the marketplace.”

  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

www.CastellProject.org.

 

Monday, September 27, 2021

Tech veteran Natasha Nelson joins Retailsphere in Lehi, UT

Natasha Nelson
 

 Lehi, UT, Sept. 27, 2021 -- Retailsphere, an innovative data and software provider to the retail industry, announced today it has hired 10-year technology industry veteran Natasha Nelson as Head of Telephone Research and Call Center Operations

Nelson is responsible for building a more robust research team, ensuring data quality, and streamlining research operational flow.

 Prior to joining Retailsphere, Nelson served as Director of Research at Knowland where she was responsible for management of their research analyst team and call center personnel.

Mike McKean

 “As the retail industry continues to evolve, our services continue to be crucial the success of companies,” said Mike McKean, Retailsphere Founder. 

“We are confident that the proven research techniques that Natasha brings to the team will lead to a substantial increase growth of the 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.”

JLL Capital Markets arranges sale of two-property portfolio leased in the Dallas-Fort Worth area community of Richland Hills, TX to the largest collision repair company in the U.S.

 Caroline Binning
 

DALLAS, TX, Sept. 27, 2021 – JLL Capital Markets has closed the sale of a two-property retail portfolio totaling 41,218 square feet and net leased to Caliber Bodyworks of Texas, Inc.

 

JLL marketed the portfolio on behalf of the seller, Carlen Enterprises.

 

The JLL Capital Markets Investment Sales Advisory team representing the seller was led by Senior Managing Director Mark West and Director Caroline Binning.

 

Mark West

The portfolio comprises neighboring properties at 3936 Flory St. in North Richland Hills and 6816 Boulevard 26 in Richland Hills.

 Caliber Bodyworks of Texas, Inc. (“Caliber Collision”) is the largest collision repair company in the country and has been operating at the locations on a double-net lease structure since 2001.

 

The Flory Street property is a traditional Caliber Collision service center that performs typical services such as car rentals, paintless dent repair and removal, auto glass repair and diagnostic scanning.

 

Caliber Bodyworks of Texas, Inc.
 
3936 Flory Street in North Richland Hills, TX
and 6816 Boulevard 26 in Richland Hills, TX


The 6816 Boulevard 26 property is a non-drive location that only services vehicles significantly damaged during accidents and mishaps and is one of only two locations in DFW.

 

Less than half a mile from each other, the properties are within a commercial node around Boulevard 26, which sees more than 19,000 vehicles per day on average.

The properties are in a dense, infill area that houses more than 269,000 residents with an average annual household income of $77,000 within a five-mile radius.

 

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

 

CONTACTS:

Kimberly Steele

 JLL Manager

 Public Relations

Phone: +1 713 852 3420

Email:  Kimberly.Steele@am.jll.com


Commercial Real Estate Business Networking Event Set for Oct. 7 in Orlando, FL

Cindy Campbell
 

ORLANDO, FL – Changemakers, dealmakers and innovators are the breeds of business-minded commercial real estate experts who will be featured at an Oct. 7 business networking roundtable at the Orlando Hilton at 6001 Destination Parkway .

The event, which begins with check-in at noon, is being presented by the FL ICSC [Innovating Commerce Serving Communities]. 

 Nearly two dozen executives from across the country will be situated at tables from 1 to 2:30 p.m.  Between 1,000 and 2,000 attendees who are expected to attend will rotate every 30 minutes, according to roundtable co-host John Crossman CCIM, founder and CEO of Crossmarc Services LLC.

Lyndon E. Carter

Crossman, well-known commercial real estate executive who often addresses industry events on diversity, founded Crossmarc Services offering high-level consulting services to companies, many that own large real estate portfolios, and has provided training on how to handle tenant relationships during Covid-19. 

“This type of roundtable gathering allows a wide variety of knowledgeable business people to mentor, share some of their insight and answer questions about their experiences,” said Crossman, author of Career Killers / Career Builders.

Cindy Campbell, Attorney with the Am Law 100 firm of Seyfarth, Shaw LLP and Attorney Lyndon E. Carter, Director / Sr. Associate at Darden Restaurants will be co-hosting with Crossman.  The topic of their discussion will be ICSC for Career Development: A Guide for Young Professionals and Students. “We’re going to emphasize how to use “ICSC to leverage your career,” he said.


John Crossman

According to the Florida ICSC [formerly the International Council of Shopping Centers], the event is designed to help bring Florida’s marketplace industry back together by reconnecting and building relationships with like-minded professionals.

The broad topics will range from market updates, medical marijuana and lead generation to retail financing, real estate and leasing trends.

Proof of full vaccination or negative Covid-19 test within 48 hours of entry will be required to attend. To register, please call 844-728-ICSC or email info@icsc.com by

CONTACTS:

John Crossman, CCIM, CRX, CEO, Crossmarc Services, LLC 407-341-3895 (direct) or jcrossman@crossmarcservices.com.

Beth Payan, Larry Vershel Communications, Inc. 407-644 4142 (office), 407-461 3781 (cell) or beth@larryvershel.com

JLL Capital Markets closes sale of 431,628-SF Logistics Center at McKinney, TX for Core5 Industrial Partners

 Pauli Kerr

DALLAS, TX,  Sept. 27, 2021 – JLL Capital Markets announced today it has closed the sale of Logistics Center at McKinney, a 431,628-square-foot logistics center in McKinney, Texas.

Dustin Volz

JLL worked on behalf of the seller, Core5 Industrial Partners, to complete the sale to the buyer, Thor Equities.

 Logistic Center at McKinney comprises two buildings totaling 431,710 square feet. Building A totals 129,914 square feet and Building B totals 301,796 square feet.



 

Both buildings could accommodate a single tenant use or demising into multi-tenant suites. The property features desirable Class A amenities and building designs.


Stephen Bailey
Building A features one bay at 40 feet, four bays at 50 feet and 10 bays at 54 feet. Building B offers five bays at 50 feet, one bay at 60 feet and 18 bays at 54 feet. 


Both buildings offer rear loading, ESFR sprinklers and a 130 foot concrete truck apron.

 

Situated at 3827 North McDonald St., Logistics Center at McKinney offers direct access to State Route-75, allowing connectivity to the greater Dallas Fort Worth area.

 

The JLL Industrial Capital Markets team representing the seller was led by Senior Managing Director Dustin Volz, Managing Director Stephen Bailey, Director Dom Espinosa and Analysts Zach Riebe and Pauli Kerr.


Dom Espinosa
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 and advisory, debt advisory, equity advisory or a recapitalization.

 

The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.

 

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

 

Zach Riebe
About Core5 Industrial Partners

Core5 Industrial Partners is an industrial real estate property company with expertise in development of Class-A properties featuring the latest innovations throughout the United States. 

Headquartered in Atlanta, Georgia, Core5 has development activity in Atlanta, Chicago, Cincinnati/Northern Kentucky, Columbus, Dallas, Houston, Indianapolis, Los Angeles/Inland Empire, Louisville, Memphis, Nashville, Pennsylvania and South New Jersey with expansion plans to additional key logistic hubs in the US. 

  CONTACT:


Cierra Lacasse

PR, Capital Markets

JLL

T +1 602 648 8701

M +1 408 318 8021

JLL.com

 

www.thorequities.com.