Stan Johnson Co. Brokers $8 Million Sale of Dental Office in Charleston, SC Suburb

Teresa Lovely 

 

 HANAHAN, SC -- Stan Johnson Company, one of commercial real estate’s leading investment sales brokerage firms, has completed the sale of a 15,030-square-foot healthcare facility leased to Coastal Kids Dental and Braces.

The property is located at 996 Tanner Ford Boulevard in Hanahan, South Carolina, a northern suburb of Charleston.

 

Jeff Enck

Stan Johnson Company’s Jeff Enck and Teresa Lovely represented the seller, a locally based private investor. The asset was purchased by a group of 1031 exchange investors from California.

 The property traded for approximately $8.2 million reflecting a 5.84 percent cap rate.

 “We were able to procure multiple offers on the property and ultimately closed with a West Coast 1031 exchange buyer who purchased the asset all-cash,” said Enck, Associate Director in Stan Johnson Company’s Atlanta, Georgia office.

15,030-square-foot healthcare facility

 leased to Coastal Kids Dental and Braces

 at 996 Tanner Ford Boulevard, Hanahan, SC

“Medical net lease properties, particularly those with rental increases, continue to be in favor with investors as inflation rises.”

 The two-story property was built in 2017 and is situated on 1.52 acres. The flagship location houses the tenant’s dental and orthodontic practice as well as its office support and executive staff.

 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.

 

Peachtree Hotel Group Promotes Brian Leaf to Vice President, Capital Markets, Head of Internal Sales

 

 Brian Leaf

ATLANTA, GA – Peachtree Hotel Group ("Peachtree") announced that Brian Leaf has been promoted to vice president and head of internal sales for its broker-dealer (“B/D”) affiliate.

 Since joining Peachtree in 2017, Leaf has been instrumental in establishing Peachtree's brand in the independent broker-dealer (“IBD”) and registered investment advisor (“RIA”) channels, having helped secure more than $500 million in equity funding.

Robert (Rob) Woomer

 In his expanded role, he will continue to identify opportunities and broaden funding sources with financial advisors with a keen focus on assuming a greater leadership role in guiding the strategy and direction of the internal sales team.

 

“Brian has been an invaluable resource in expanding Peachtree’s access to equity partners. He has quickly formulated programs that allow us to strategically build strategic relationships with the highest quality financial advisors in the industry” said Rob Woomer, Peachtree’s president of capital markets.

 

  

CONTACTS:

 

Charles Talbert

Corporate Communications Director

678-823-7683

ctalbert@peachtreehotelgroup.com

 

 

Chris Daly

President

DG Public Relations

(703) 864-5553

chris@dalygray.com

www.dalygray.com

 www.peachtreehotelgroup.com

Ware Malcomb Promotes Three Long-Time Staffers in Irvine, CA Office

Jinger Tapia 

 

 IRVINE, CA – Ware Malcomb, an award-winning international design firm, announced that Jinger Tapia has been promoted to Vice President, Design; Maureen Bissonnette has been promoted to Principal, Marketing; and Maria Rodgers has been promoted to PR & Communications Manager, all in the firm’s Irvine, California office. 

Jinger Tapia began her architectural career at Ware Malcomb in 1996 and re-joined in 2002.

During her 20+ year tenure, her vision has helped define Ware Malcomb’s standards of high quality, creativity and future proofing to ensure long-term real estate value for clients. 

With her leadership team, Tapia leads architectural design for Ware Malcomb and oversees the Branding Studio. She is a  licensed architect. 

Jay Todisco

“Jinger exemplifies the Ware Malcomb culture with her passion for design, excellence and people,” said Jay Todisco, President of Ware Malcomb.

“She has mentored numerous Ware Malcomb leaders and team members from different offices and disciplines, and her enthusiasm and talent for design is infectious. We wish her many more successful years at this firm.”

Maureen Bissonnette

Bissonnette joined Ware Malcomb 1998 as a marketing assistant.

 As Principal, Marketing she oversees all marketing-related functions for Ware Malcomb, including marketing strategy, media & public relations, communications, branding and marketing technologies. 

Over the past 24 years, she has built a talented, award-winning team which now includes over 20 marketing, communications and graphic design professionals.

Ruth Brajevich

“Maureen has been instrumental in the continued growth of this company over the years,” said Ruth Brajevich, Vice President, Strategic Initiatives for Ware Malcomb.

“She is a strategic, creative and people-focused leader who excels at organizational thinking and process development. We appreciate her contributions over the years and congratulate her on this well-deserved promotion.” 

Maria Rodgers

Rodgers, in her new role as PR & communications Manager, will focus on expanding the firm’s media and communications programs and increasing exposure for the firm across all Ware Malcomb markets.

 Rodgers joined Ware Malcomb in 2014 as Marketing Coordinator and in 2018, she took on responsibility for the firm’s public relations program.

 “Maria is an invaluable leader on the Marketing team,” said Bissonnette. “Her drive, collaboration and commitment to the success of our team and this firm have brought us to new levels. We are appreciative of her dedication and congratulate her on this promotion.” 

 

CONTACTS:

 Rachel Devany

VP Public Relations

KCOMM for Ware Malcomb

rachel@kcomm.com

 

Maria Rodgers, PR & Communications Manager, 949.660.9128, mrodgers@waremalcomb.com

 Maureen Bissonnette, Principal, Marketing, 949.660.9128 mbissonnette@waremalcomb.com

waremalcomb.com

Two Stirling International Brokers Close Sale and Lease of Entire 19th Floor of The Plaza’s South Tower in Orlando, FL

 

The Plaza South Tower, Downtown Orlando, FL

ORLANDO, FL – Stirling International Real Estate negotiated the sale of two class A office suites on the 19^th Floor in The Plaza South Tower at 189 South Orange Ave. to an investment firm shortly after completing a long-term lease of the same two suites to an expanding gaming company with roots in Chicago.

Brokers Roger Soderstrom Jr. and John Kurtz closed the $1,275,000 sale of suites 1930 and 1950 totaling 6,883 square feet from RCS-Plaza Office Condos LLC to Tala Loop Longwood Investments LLC.

 It was the finale of a seamless set of transactions that took nearly two years, a method to lease and sell the entire floor, according to Kurtz.

In late 2020 when Chicago gaming company Iron Galaxy’s lease for the other four suites on the floor was nearing the end of its long term, Kurtz and Soderstrom presented the tenant’s rep Andrei Savitski of CBRE with an option to buy, but they renewed the lease instead.

Stirling International Realty Brokers 
Roger Soderstrom Jr. (right)) and John Kurtz

The “power duo” then located investor/buyer Tala Loop who purchased those four suites of leased space from Stirling’s client RCS-Plaza Office Condos LLC for $­­­­­­­2,544,000.   

In 2021 when most employees were still working from home, the tenant occupying suites 1930 and 1950 - another IT firm – declined to renew its lease expiring March 2022. 

“When we notified Savitski that the remaining two suites on the floor were available to Iron Galaxy, he came back quickly with their acceptance to lease the additional suites for expansion,” Soderstrom explained.

“When Tala Loop learned that their existing lessee was expanding into the remaining space, they decided to purchase those two units as well from RCS,” Soderstrom said.

 “With the added space, Tala Loop Longwood Investments – which has offices in Lake Mary – owns the entire 19^th floor, or nearly 20,000 square feet, and Iron Galaxy occupies all of it,” he said.

 Andrei Savitski 

“This took nearly two years during the pandemic,” Kurtz said. 

“It was a waiting game for the lease to run out on two suites that were occupied by another company. Iron Galaxy – which has more than 250 employees with nearly 100 in Orlando – planned to expand further here and wanted that space.”

In the past two years, the real estate team of Kurtz and Soderstrom has sold 22 office condos in the Plaza’s two towers or more than 140,000 square feet with a sales volume of $32,000,000 and has negotiated 23 office leases for close to 97,000 square feet.

 

CONTACTS:

Roger Soderstrom Jr., Stirling International Real Estate, 407-617-2830 or roger@stirlingint.com.

John Kurtz, Stirling International Real Estate or 

407-250-1000 or JKurtz@StirlingIRE.com.

Beth Payan, Larry Vershel Communications, 

407-461-3781 or beth@larryvershel.com.

 

 

Florida REO Managing Partner Ron Schwartz Named Owner’s Rep for New Davenport, FL Apartment Development

 Ron Schwartz

 

 DAVENPORT, FL and ORLANDO, FL --  Florida-REO Managing Partner Ron Schwartz, has been named owner’s representative for Nottinghill Davenport a 132-unit apartment project at 1401 Davenport Blvd. in booming East Polk County.

 

The property, (formerly known as Feltrim Heights) was acquired by Miami-based Flacks Group who hired Schwartz to act as a conduit between the owner/developer and all the professionals needed to get the apartment community up and running.

Dave Schmitt 

“I’m working with a solid team on behalf of Flacks Group, and we are all on board for a targeted completion of Nottinghill in time for the coming winter’s market,” said Schwartz.

 

The team consists of the general contractor, Miami-based Origin Construction, working with Orlando-based Dave Schmitt Engineering and Architect Ernesto Gonzales of AIP Design, and property managers Meadow Wood Property Company of Tampa led by Joseph Rosenwasser.

 

Nottinghill will be moderately priced one- and two-bedroom apartments with amenities typically found at much more expensive apartment communities. 

 

The location is very convenient to all the work centers of the major attractions and hospitality industry. 

 

For further information regarding Flacks Group apartment projects, or Florida-REO management or assistance, please e-mail:  ron2632@aol.com.

Joseph Rosenwasser

Florida REO, based in Orlando, provides the tools and strategies necessary for successful property development. 

 

From land acquisition, entitlement and construction through sales or lease up, the firm acts as the liaison with owners/developers by interfacing with planners, engineers, attorneys, lenders and other contractors and professionals needed to accomplish a project.

 

FREO can also provide asset management and brokerage services to the homebuilding industry.

 

Contacts:

 

Ron Schwartz, Principal, Florida REO Manager, LLC. 407-342-3648

 

Beth Payan, Larry Vershel Communications, Inc. 

 407-461-3781 Beth@larryvershel.com

  

KBS Names Apaulo Malloy as Manager to Oversee the Firm's ESG Commitments

 Apaulo Malloy

 

 NEWPORT BEACH, CA, April 26, 2022 -- KBS, one of the largest investors in commercial real estate, has strengthened its focus on environmental, social and governance by establishing a dedicated Green Team and appointing a new ESG manager.

 

 Apaulo Malloy, will direct KBS’ ESG efforts as a proactive strategy to drive the firm toward a sustainable future.

 

Malloy, who has been with the company for more than four years, will work to identify and track key performance indicators for the company’s ESG goals. This work will help to guide these initiatives as part of the company’s overall mission to better serve its tenants and partners.

 Marc DeLuca

“The position of ESG manager reflects our company’s commitment to acquiring and operating assets that contribute to a better social environment,” says Marc DeLuca, CEO and Eastern regional president of KBS.

 

“Apaulo’s extensive background in human resources and company operations make her the ideal individual to take on this new role within KBS.”

 

Contact:

 

Arleeny Escarcega

 aescarcega@thesmartagency.com

JLL Capital Markets leads sales efforts for 10500 NE Walker Road, a fully leased, single-story asset in Hillsboro, OR

  

Carrie Kahn

PORTLAND, OR, April 25, 2022 – JLL Capital Markets announced today that it has closed the sale of 10500 NE Walker Rd., a single-story call center building totaling 211,863 square feet in the Portland-area community of Hillsboro, Oregon.

Buzz Ellis

JLL represented the seller, a public REIT, and procured the buyer, Hines Global Income Trust.

 

10500 NE Walker Rd. occupies an 18.92-acre site in the Sunset Corridor / Silicon Forest submarket of the Portland MSA.

 

This area has become a prime suburban location for many large corporate tenants due to the proximity of desirable residential neighborhoods; easy access to the Portland central business district via the MAX Light Rail Red Line – Willow Creek / NW 185^th Station, which is within walking distance of the property; and access to a deep talent pool of employees.

Adam Lasoff 

In addition, the property has excellent access to a plentiful amenity base and Highway 26 for direct access to downtown Portland.

 

Renovated in 2009, 10500 NE Walker Rd. holds a LEED Silver certification and is fully leased to a long-term, financial services tenant.

 

 

The property provides 938 parking spaces and features 16’7” ceiling heights along with three dock high doors and two grade-level doors.

Adam Taylor

JLL’s Capital Markets team representing the seller was led by Managing Directors Buzz Ellis and Adam Lasoff and Director Adam Taylor, along with Senior Managing Director Ira Virden, Managing Director Carrie Kahn, Director Frank Solorzano and Senior Managing Director Conan Lee.

 

“The Sunset Corridor has been the submarket of choice for investors given the deep, tech-oriented talent pool,” Ellis said.

 

“Considering the scale of the infill suburban site, and the underlying zoning, it will be exciting to see how Hines stewards the property during their ownership.”

 

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers.

 Ira Virden

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.

 

About Hines Global Income Trust

 

HGIT is a public, non-listed real estate investment trust sponsored by Hines.

Frank Solorzano 

It commenced operations in 2014 and invests in commercial real estate investments located in the United States and internationally.

 

For additional information about HGIT, please visit hinesglobalincometrust.com.

 

About JLL

 

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

 

 Conan Lee

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 $19.4 billion in 2021, operations in over 80 countries and a global workforce more than 98,000 as of December 31, 2021.

 

For further information, please visit jll.com.

Contact:

Kristen Murphy

Director

Public Relations, Americas

JLL

One Post Office Square, Suite 3500

Boston, MA 02109

T +1 617 848 1572

M +1 617 543 4873

Kristen.Murphy@am.jll.com