Tricera Capital, 13th Floor Investments Secure Lease with Echelon Fitness to Anchor The Boulevard’s Retail Component in Miami, FL

 Jennifer Houston

 MIAMI, FL –– Tricera Capital, leading the retail efforts at The Boulevard, finalized a lease with high-profile on-demand exercise firm Echelon Fitness to anchor the ground-floor retail component.

The Boulevard, a 294-unit luxury apartment building, is being developed by 13th Floor Investments in partnership with both Wexford Capital and Tricera.

 Ben Mandell 

“We are thrilled at the opportunity to bring an elite tenant such as Echelon to The Boulevard,” Tricera Capital Co-Founder and Managing Principal Ben Mandell said.

“Echelon is truly disrupting the home fitness industry, they will fit in well with the pioneering technology firms that are increasingly moving to Miami.

"The in-person training component will be a major hit with The Boulevard residents and nearby residents and professionals.”

Mandell and Jennifer Houston, Tricera’s Executive Vice President – Head of Retail Leasing, oversee retail leasing at The Boulevard.

The Boulevard apartments, 294 units 
 5700 Biscayne Boulevard, Miami, FL

Tricera also completed a lease with the popular Crema Gourmet Espresso Bar, which will open a new location at The Boulevard.

Echelon is set to occupy 10,035 square feet at The Boulevard, which will have a total of approximately 27,000 square feet of retail.

 The 2.2-acre development site is located at 5700 Biscayne Boulevard – just 1.5 miles north of Miami’s Design District.

Crema Gourmet Espresso Bar within The Boulevard,
Miami, FL

The duo is finalizing leases with a fast-casual poke concept from Pinecrest, upscale salon and luxury clothing boutique.

The partnership expects to complete The Boulevard and commence resident move-ins during the first quarter of 2022.

“This is a very exciting time to be in Miami and work on a project like The Boulevard,” Houston said.

“We look forward to elevating the MiMo District with compelling new restaurants and high-end boutiques, creating an unparalleled experience for the project’s tenants and visitors.”

For leasing inquiries, please contact Houston at jennifer@triceracap.com.

CONTACT:

Daniel Benjamin

Senior Account Executive

 BoardroomPR

dbenjamin@boardroompr.com

O 954-370-8999

C 954-618-8287

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JLL’s EPC team brings on Property Condition Assessment specialist Javier Seda-Romero

 

Javier Seda-Romero 

ORLANDO, FL – JLL’s Valuation Advisory group announced Javier Seda-Romero has joined its growing Environmental and Property Condition (EPC) team as a Project Management Director specializing in property condition assessments.

 In his new role, Seda-Romero will expand the capabilities of the EPC team. He comes to JLL with more than 20 years of experience in architectural and real estate due diligence fields.

Seda-Romero holds certifications from LEED AP in Building Design + Construction and is a HUD Architectural Application Reviewer for the Multifamily Accelerated Process, along with having certification as an Asbestos Inspector and Project Handler.

Jeff Manas

He has also been a member of InterNACHI since 2013. Seda-Romero has a bachelor’s in architecture, with minors in value engineering and construction management, from Pratt Institute in Brooklyn, New York.

 Led by Managing Director Jeff Manas, the EPC service team offers Phase I ESA and Phase II Oversight Management, along with PCAs, zoning reports, seismic studies, ALTA surveys and green evaluations.

The new service line was announced in April 2021 as part of JLL Valuation Advisory’s ongoing growth strategy and expanded JLL’s capabilities to help clients manage real estate risk. 

CONTACT:

 Kimberly Steele

PR, Capital Markets, Agency Leasing and Valuation Advisory 

JLL

M +1 832 244 9994

JLL.com

 

Ryan Bleggi of John R. Wood Properties Inaugurated as NABOR President

Ryan Bleggi 

 Naples, FL, Dec. 7, 2021 — John R. Wood Properties is proud to announce that 5^th Ave, Isles of Capri, and Marco Island offices Managing Broker Ryan Bleggi has been named as the 2022 President of the Naples Area Board of Realtors (NABOR).

 “NABOR has played a significant role in my professional career,” Bleggi said. “Acting as a resource for agents is one of my passions, and I am excited to continue helping others in the industry grow as I take on this new role.”

Corey McCloskey

 

Bleggi began his real estate career in Southwest Florida in 2004. After being a partner in his own boutique real estate firm in Naples, he joined John R Wood Properties in 2016. 

Prior to taking on the presidential role, Bleggi held several leadership positions in the Naples Area Board of Realtors and other organizations.

John R. Wood

 

John R. Wood Properties has had strong ties to the Naples Area Board of Realtors for many years. Previous NABOR Presidents have included several John R. Wood figures such as President and CEO Phil Wood, Founder John Wood, and Vice President of Operations Corey McCloskey, who preceded Ryan Bleggi as NABOR President in 2021.

 

“It has been an honor and a pleasure to serve as the 2021 President of NABOR, and I am proud to pass the title on to Ryan,” McCloskey said of her successor.

 

About John R. Wood Properties

 

John R. Wood Properties, founded in 1958, is the oldest major real estate brokerage in southwest Florida. It is consistently the #1 firm in market share in the two-county SWFL area that includes Collier and Lee counties. 

Phil Wood

It is a nationally recognized company with more than 60 years of market experience and broad international exposure to buyers in various countries. 

The company has 19 offices throughout Collier and Lee counties, serving Marco Island, Isles of Capri, 10 locations in the Naples area, Ave Maria, Bonita Springs, Cape Coral, Ft. Myers Beach, Ft. Myers, Sanibel, and Captiva.

 John R. Wood Properties has 700 agents and staff, offering luxury real estate services throughout the area. For more information, please visit www.JohnRWood.com.

 

CONTACT:

Alexa O'Kane Account Executive c: 516-543-9736 | o: 954-379-2115 www.redbanyan.com New York City, NY

Alliant National Promotes Patrick Hagler to Regional Counsel - Southeast

 

 

Patrick Hagler    Longmont, CO – Alliant National Title Insurance Company, a unique title insurance underwriter that partners with independent agents to improve their competitive position, announces the promotion of Patrick Hagler to Regional Counsel - Southeast. “Patrick has been critical to our company and the growth of our business in Georgia,” said Jeff Stein, Chief Underwriting Counsel and Senior Vice President for Alliant National.  “He has also been an invaluable help to me in assisting our counsel and agents in the Southeast states in which we do business. I am thrilled for what lies ahead.   Jeff Stein "I know that with his leadership, our team of Southeast attorneys will do great things and provide extraordinary support to our independent title agents.” For the past five years, Hagler has served as State Counsel-Georgia and South Carolina.  Hagler received his J.D. from St. Mary’s University. He previously obtained his B.S. from Texas A&M University. He is a member of SLTA and ALTA, and lives in North Georgia.

 

 

CONTACT:

Cathie Beck

303.241.0805
cathie@capitalcitypr.com

 alliantnational.com

Stan Johnson Co.'s Husband and Wife Clyburn Team Brokers Sales of Two Georgia Shopping Centers

Julie Clyburn

 

DAWSONVILLE, GA -- Stan Johnson Company, one of commercial real estate’s leading investment sales brokerage firms, has completed the sale of Dawson Forest Shopping Center.

 The 10,100-square-foot unanchored shopping center is located at 802 Georgia Highway 400 South in Dawsonville, Georgia.

 The property features three suites and was 72 percent occupied at the time of sale. Stan Johnson Company’s Doug Clyburn and Julie Clyburn represented the private Atlanta, Georgia-based buyer.

 

 Dawson Forest Shopping Center. Dawsonville, GA

The locally based owner sold the asset for approximately $1.7 million reflecting a 6.16 percent cap rate.

 “We sourced this off-market property for our client, a dental group, looking for a multi-tenant center in Dawsonville to open another office,” said Doug Clyburn, Associate Director in Stan Johnson Company’s Alpharetta, Georgia office.

 “The center had one endcap vacancy which suited our client’s needs, and we were able to complete the transaction with the local owner.”

 The Clyburns Also Handled the $2.8 Million Sale of Rock Quarry Center in Stockbridge, GA

 STOCKBRIDGE, GA --  Rock Quarry Center located at 1445 Rock Quarry Road in Stockbridge, Georgia.

 The unanchored shopping center totals 21,600 square feet and was fully leased at the time of sale.

Doug Clyburn

The seller was an individual investor based in Fayetteville, Georgia. The buyer, a McDonough, Georgia-based private entity, was represented by Doug Clyburn and Julie Clyburn of Stan Johnson Company.

 The asset traded for approximately $2.8 million reflecting a 7.31 percent cap rate.

Rock Quarry Center, Stockbridge, GA

 “We represented the purchaser of this center which had received multiple offers as soon as it came to market,” said Doug Clyburn, Associate Director in Stan Johnson Company’s Alpharetta, Georgia office.

 “We were able to convey to the seller the interest and financial strength of our client, providing assurance of closing, which put our client in first position for the purchase.”

 Rock Quarry Center is situated on 1.42 acres in a dense retail corridor with convenient access to Interstate 75. It was built in 2003 and features 10 tenants including restaurant and service retailers

 CONTACT:

 David Ebeling

 Ebeling Communications

 (949) 278-7851

 david@ebelingcomm.com

www.stanjohnsonco.com.

 

JLL Capital Markets closes sale of Crystal Cove Commons in North Palm Beach, FL

 Daniel O'Grady
and Monette Klein-O’Grady

 

  MIAMI, FL – JLL Capital Markets has closed the sale of a dynamic mixed-use property totaling 120,474 square feet of retail and office space in North Palm Beach, Florida.

 JLL marketed the property on behalf of the seller, Black Lion Investment Group. A joint venture between Investment Capital Markets and American Commercial Realty Corp acquired the asset.  

 Crystal Cove Commons consists of 75,406 square feet of upscale retail and 45,068 square feet of office space on three floors.

Crystal Cove Commons is leased to a diversified rent roll that includes Cod & Capers; Horizon Yachts, Honey Baked Ham; DSS, Inc.; Domino’s Pizza; STARK Carpet; Fuse Appliances; Chervò USA; Duca Del Cosma; USA Tile & Marble; Stormhouse Brewery; Viper Equity Partners and Cucina Cabana.

 Crystal Cove Commons was constructed in 1982 and was substantially renovated between 2017 and 2019.

Danny Finkle

Crystal Cove Commons is situated along US-1 just south of PGA Boulevard and is surrounded by the affluent South Florida residential communities of North Palm Beach and Palm Beach Gardens.

The property serves an expanded trade area that includes 137,745 residents earning an average annual household income of $102,783.

 The JLL Retail Capital Markets team representing the seller was led by Senior Managing Director and Co-Head of U.S. Retail Capital Markets Danny Finkle, Senior Director Eric Williams and Director Matthew McCormack. The buyer was represented by Monette Klein-O’Grady and Daniel O’Grady from Prime Sites Inc.

Eric Williams 

 “Palm Beach County is one of the most sought-after markets in the country for real estate investment across property types, and Crystal Cove Commons represented an attractive opportunity to acquire a well-located asset with strong in-place revenue and upside potential,” Williams said.

“Black Lion Investment Group did a tremendous job transforming Crystal Cove Commons into one of the premier mixed-use projects in northern Palm Beach and positioning the center for long-term success.”

 

 About Black Lion Investment Group

Black Lion Investment Group is a privately held commercial real estate investment firm led by President Robert Rivani.

Robert Rivani

The firm’s current projects include the development and redevelopment of retail, hospitality, and mixed-use assets in several high-growth markets.

 Black Lion’s distinctive portfolio includes such high-profile projects as a transformation of the Wynwood Jungle in the coveted Wynwood Arts District, the popular waterfront restaurant Amara at Paraiso, the complete reimagining of the Brickell Bay Boardwalk, and most recently, the introduction of a chic restaurant concept at SLS Lux Brickell. 

Matthew McCormack

Additionally, Black Lion recently renovated the Crystal Cove Commons luxury mixed-use retail and office center in North Palm Beach. 

The firm is aggressively pursuing additional real estate investments in South Florida that align with its strategy to deliver top-notch dining, retail and nightlife experiences to the booming South Florida market.

 For more information about the firm and its portfolio of properties please visit BlackLion.inc.

 CONTACT:

Kimberly Steele

JLL Manager

 Public Relations

Phone: +1 713 852 3420

Email:  Kimberly.Steele@am.jll.com

 jll.com.

 

JLL Capital Markets arranges $54 million loan for Beachwold Residential’s The Grove at South Shore in Riverview, FL

 Mona Carlton

 

 TAMPA, FL, Dec. 6, 2021 – JLL Capital Markets has arranged a $53.77 million refinancing for The Grove at South Shore, a 340-unit, garden-style apartment community in Riverview, Florida.

 JLL worked on behalf of the borrower, Beachwold Residential, LLC., to originate the seven-year, non-recourse loan through Freddie Mac.

The Grove at South Shore apartments, Riverview, FL

 The Grove at South Shore is comprised of one-, two-, three- and four-bedroom units averaging 1,142 square feet and featuring brushed nickel fixtures, energy-efficient appliances and oversized closets.

Elliott Throne

The community amenities offer tenants a fitness center, business center, grill area, laundry facilities, picnic area, playground and swimming pool.

 The Grove at South Shore is located just 18 miles southeast of downtown Tampa.

 It is directly across from St. Joseph’s Hospital, a major BayCare Health System hospital, and it is within two miles of 1.1 million square feet of retail, including Walmart, Sam’s Club, Aldi and Publix-anchored shopping centers.

Other nearby employment drivers include South Bay Hospital and Tampa Regional Industrial Park. 

Kenny Cutler 

The community is two miles from an on-ramp for Interstate 75, one of the nation’s major north-south interstates, connecting Miami and the west coast of Florida all the way to Michigan. I-75 also provides access to I-4, central Florida’s primary east-west artery.

 The Capital Markets Debt Advisory team representing the borrower included Senior Managing Directors Elliott Throne and Mona Carlton, Associate Kenny Cutler and Analyst Karim Khaiboullin.

 “Since their acquisition in 2014, Beachwold has done an amazing job of renovating/repositioning the asset while the market has continued to experience major macroeconomic growth,” stated Throne.

Karim Khaiboullin

 “This interest-only loan refinance provides a great return of capital for their successful efforts along with years of durable cash flow that will only further enhance their future returns.”

 JLL delivers multi-housing investors a full range of solutions through one diverse, integrated platform. 

The division employs approximately 400 professionals who provide comprehensive investment sales advisory and disposition services with access to thousands of domestic and foreign investors.

 CONTACT:

Jenna Sharp

 JLL Associate

 Public Relations

Phone: +1 214 394 3356

Email:  Jenna.Sharp@am.jll.com

 

Dresdner Robin Completes Work on 21,700-Square-Foot Veterans’ Housing Complex in Jersey City, NJ

 

Debra Tantleff

JERSEY CITY, NJ – New Jersey-based land-use consultancy Dresdner Robin announced the firm has completed civil engineering, landscape and lighting design services for a veterans’ housing complex at 526 Ocean Avenue in Jersey City, which officially opened on November 30.

 The 21,700-square-foot low- and moderate-income housing facility includes 20 units reserved for veterans, with some earmarked for homeless individuals who served. 

The four-story building also includes 1,500-square-feet of ground-floor commercial space for social support services.

Mark Vizzini

The project was approved by the Jersey City Planning Board in 2017 following Dresdner Robin’s engineering design analysis and expert testimony regarding site planning and design.

 Dresdner Robin secured municipal entitlements and necessary regulatory land-use permits, and provided plan construction drawings and construction administration services.

"It's been a pleasure to work with Dresdner Robin throughout the development of this project," says Debra Tantleff, founder Tantum Real Estate.

Attending recent groundbreaking were, from left: Assemblywoman Angela V. McKnight; Sandra Garcia, development associate, Tantum; Debra Tantleff, founding principal, Tantum; Jersey City Mayor Fulop; State Senator Sandra Cunningham; Congressman Donald M. Payne, Jr.; Assemblyman Raj Mukerjhi; Jersey City Council President Joyce Watterman. Photo courtesy Antenna.

 "It's very gratifying to work with companies like theirs, who not only care about their craft but also the communities that they work in."

“This is an excellent addition to the city, and it’s fulfilling to have the opportunity to provide our services on a project like this,” said Dresdner Robin’s Mark Vizzini, the associated director of land development, who also served as project manager.

“The facility’s amenities will go far beyond just housing. It will provide counseling and support to our local veterans, and strengthen the Jersey City community as a whole.”

 

 CONTACT:

Alexa Cangialosi

alexa@violetpr.com)

www.dresdnerrobin.com

 

KAI Design Hires Charles Keefer as Senior Project Manager in St. Louis, MO

Charles Keefer

 

St. Louis, MO, Dec. 6, 2021 -- KAI Design is pleased to announce the hiring of Charles Keefer, AIA, NCARB as a Senior Project Manager at its St. Louis office.   With more than 20 years of experience in both architecture and project management, Keefer has been exposed throughout his career to a wide range of projects, clients, environments and challenges. Brad Simmons Charles has quickly proven to be a wonderful addition to our KAI Architecture and Engineering practice,” said KAI Managing Partner Brad Simmons, FAIA.  “He is an experienced business leader with a passion for design excellence. Charles’s past experience brings a diverse design portfolio, geographic knowledge and skilled project management. His cultural fit is outstanding and we are enthusiastic about his impact at KAI.”   Keefer has a Master of Business Administration from the University of Charleston in West Virginia and a Bachelor of Architecture from Virginia Tech.  Contact: Jennifer Beidle 314-607-9459 jennifer@jbeidlepr.com www.kai-db.com.