Thursday, June 2, 2022

Ware Malcomb promotes Andrès Galvis to Principal in Mexico City office

 

Andrès Galvis 

 MEXICO CITY, MEXICO – Ware Malcomb, an award-winning international design firm, announced that Andrès Galvis has been promoted to Principal in the firm’s Mexico City office.

In his new role, he is responsible for overall growth and management of the Mexico City and São Paulo offices, and all projects across Latin America.

Galvis joined Ware Malcomb in 2008, was promoted to Regional Manager in 2010, Director, Latin America in 2013 and Regional Director in 2021.

 Galvis has been vital for the international expansion of Ware Malcomb. In addition to offices in Mexico City and Sáo Paulo, his business development efforts have secured work for Ware Malcomb in numerous Latin America countries including Panama, Colombia, Peru, Ecuador, Guatemala and Costa Rica.

 The company has completed projects in over 20 countries, and recently opened its first office in South America located in São Paulo, Brazil 

Matt Brady

“Since joining Ware Malcomb in 2008, Andrès has proven himself a trailblazer,” said Matt Brady, Executive Vice President for Ware Malcomb.

“He’s worked hard to expand Ware Malcomb in Latin America and has developed an excellent reputation in the region. In addition, he’s created a strong culture within his team and long-standing relationships with clients and industry partners.

"We appreciate his invaluable contributions and congratulate him on his promotion to Principal.”

Galvis holds a Bachelor of Science, Architecture from the University of Michigan.

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

 

 

 

Darren Tackett, Founder of The Tackett Team with RE/MAX Fine Properties, Closes Largest Home Sale of 2022 in Arizona for $28 Million

Darren Tackett
   

SCOTTSDALE, AZ– On June 1, 2022, Darren Tackett, founder of The Tackett Team with RE/MAX Fine Properties, closed the largest home sale of 2022 within the state of Arizona for $28.1 million. The buyer's name was not disclosed.

21264 North 113th Place, Scottsdale, AZ 85255 


The 21,000+ square foot Scottsdale estate – aptly named Altitude – is located on the most prominent peak in the prestigious Silverleaf community, sitting on nearly five acres with city and desert views from every room in the house. 


“There was no shortage of attention for this gorgeous property,” said  Tackett. “The property was only on the market for 28 days, which is not uncommon for non-luxury listings but unheard of for a property in this price range. 

"The demand for luxury living continues to be much higher than what is available so one-of-a-kind properties like these are selling quicker than ever.” 

Located at 21264 N 113th PL, Scottsdale, AZ 85255 and constructed by Mast Luxury Homes and designed by Dale Gardon in 2021, modern elegance meets raw desert beauty in this unique space. 

The privately gated, circular driveway provides a resort-style welcome that leads to a stunning mountain backdrop, complete w/an elevated, covered viewing tower to fully take in the McDowell Sonoran Preserve's majesty. 

Dale Gardon

Once inside, incredibly high ceilings  give way to three levels of living featuring imported natural stone, marble and quartzite. A custom entryway wine bar shines as a unique welcoming point into the eight ensuite bedrooms, 12 full baths and six half-baths, all of which have easy elevator access between floors.


 Fit for hosting the grandest of gatherings, with an open floor plan meant for mingling, natural light pours into the spacious kitchen, which features Subzero/Wolf appliances, including a Wolf Convection Steam Oven and 60" Wolf Range with two ovens. 

The double islands are topped with the finest Cristallo Natural Quartz imported from Italy and equipped with warm under-lighting to enhance the inviting environment. 

Remarkable modern lighting fixtures float above the breakfast and coffee bar and serve as stylish art pieces of their own throughout this Control4 smart home.


Opulent comfort is the theme in every room, including the family room, which boasts accordion folding windows overlooking the palatial pool deck; an exercise room with its steam shower and the yoga/art room with panoramic views;

Also: a cards and game room with two Subzero wine columns waiting for a collection fit to age and share throughout the years; and a theater with 4K projector and professional sound system. 

Tom Weiskopf-designed golf course

The Primary Suite features his and hers walk-in closets, an ensuite bathroom with Italian-imported Calcutta gold marble, double-sinks, a bidet, and his and hers water closets. 

While the guest casita ensures true privacy, with its own full kitchen and two ensuite bedrooms. There are also separate "in law" quarters with a full kitchen and ensuite bedroom, so the entire extended family can gather on a vacation of their own. 

Scottsdale, AZ condominiums file foto

Outside, three outdoor fire pits overlook the city of Scottsdale, even as far as the iconic Camelback Mountain in Phoenix. Two built-in grills befitted for large gatherings, an infinity-edge pool and spa. And the temperature-controlled 12-car garage is a car lover’s paradise. 

The Silverleaf community also boasts several astonishing amenities, including a Tom Weiskopf-designed golf course, expansive clubhouse and spa, and extensive walking and biking paths. 

 More information can be found about the home on the Multiple Listing Service Link:  https://www.flexmls.com/cgi-bin/mainmenu.cgi?cmd=url+other/run_public_link.html&public_link_tech_id=1oc4lu14nsxa&s=12&id=1&san=30109&cid=1. 

For more information or to receive listings from Darren Tackett and The Tackett Team, please visit www.TackettTeam.com or call 480.500.7678.

CONTACT: 

Kendra Riley

Dawning PR

kendra@dawningpr.com | 480.220.6051

Photos of the home taken by Jessica Peterson

Plaza Advisors brokers sale of Murdock Carrousel shopping center in Southwest Florida

Murdock Carrousel, a 139,478 square foot retail plaza
 in Port Charlotte, FL,  is shadow-anchored by Lowes
 

 PORT CHARLOTTE, FL -- Plaza Advisors is pleased to announce the sale of the Murdock Carrousel shopping center for an undisclosed price.

 The 139,478 square foot retail plaza is shadow anchored by Lowes and features Havertys Furniture and Office Depot. Strategic inline tenants include Five Guys, Aaron’s, Leslie’s Swimming Pool Supplies, Subway, Comcast Xfinity and Hear USA.

 Murdock Carrousel was 83.4% occupied and is situated on US 41 (Tamiami Trail) with a traffic count exceeding 51,000 AADTC. 

Jim Michalak
AGRE Murdock Owner, LLC was the seller of the asset. Murdock Owner, LLC, LLC acquired the center. 

Plaza Advisors represented the seller and was the only broker involved in the transaction.

 Plaza Advisors is a real estate brokerage firm that specializes in the disposition of retail properties throughout Florida. 

Plaza Advisors’ clients include private equity investors, developers, and major institutions including fund advisors, servicing agents, life insurance companies, REITs, and money center banks. 

 CONTACT:

  Jim Michalak

Managing Partner

Plaza Advisors

www.plazadvisors.com

 

3412 Bay To Bay Boulevard

Tampa, FL 33629

813.837.1300 Ext. 1

Fax 831.2627

jim.michalak@plazadvisors.com

 

Tuesday, May 31, 2022

Kroger-anchored shopping center in Crawfordsville, IN sells for $18.55 million

Amy Sands
 

 CHICAGO, IL, May 31, 2022 JLL Capital Markets has closed the $18.55 million sale of Crawfordsville Square, a 273,249-square-foot shopping center anchored by a high-volume Kroger in the Indianapolis suburb of Crawfordsville, Indiana.

 JLL represented the seller, Lamar Companies. Essential Growth Properties acquired the asset.

Clinton Mitchell

The JLL Retail Capital Markets Investment Sales Advisory team representing the seller was led by Managing Directors Amy Sands and Clinton Mitchell and Director Michael Nieder.

 Crawfordsville Square is anchored by a strong-performing Kroger, which is the No. 1 grocery chain in the U.S. and recently invested significant capital into the location by adding additional grocery components, enlarging the pharmacy, adding a drive-thru and updating technology.


Michael Nieder

The 95-percent-leased center is also home to a synergistic and pandemic-proof lineup of tenants, including Dunham’s Sports, Burke’s Outlet, H&R Block, Shoe Sensation, Pet Supplies Plus and Burger King.

The center is further complemented by non-owned outparcel pads leased to Starbucks, Jiffy Lube, Applebee’s and more.

 Positioned on nearly 36 acres at 1684 Crawfordsville Square, the shopping center is the dominant retail center within, Crawfordsville, a college town 40 miles northwest of Indianapolis.

Crawfordsville Square, a 273,249-square-foot
shopping center anchored by a high-volume Kroger
in the Indianapolis suburb of Crawfordsville, IN.

Wabash College is five miles from the center, and both DePauw and Purdue University are 30 miles away.

Crawfordsville Square is located along Highway 231, the primary north-south arterial roadway, and surrounded by robust neighborhoods with an average annual household income of $70,000 within a five-mile radius.

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

 

CONTACT:

 

Kimberly Steele

PR, Capital Markets

 Agency Leasing and

 Valuation Advisory 

JLL

T +1 713 852 3420

M +1 832 244 9994

JLL.com

 

JLL Capital Markets affordable housing production team hires Leif Olsen

 

Leif Olsen

DENVER, CO, May 31, 2022 JLL Capital Markets has welcomed Director Leif Olsen to its affordable housing production team. 

Olsen is based in the Denver office and reports to Senior Managing Director Angela Kelcher, who is leading the national affordable housing platform.

Olsen will focus on originating debt and providing capital markets solutions to sponsors both locally and nationally in order to further support growing JLL’s affordable housing business.

Angela Kelcher

 Olsen joins JLL after almost six years as Assistant Vice President of Affordable Originations with Lument Capital, formerly known as Hunt Real Estate Capital.

In this role, he originated multi-housing loans securitized by Fannie Mae, Freddie Mac and HUD and successfully managed over 100 affordable transactions from prescreen through closing.

 “Adding value to our clients starts with attracting top talent and expanding the deep expertise of the JLL affordable housing team,” said Kelcher. “JLL excels in strategic partnerships, innovative structures and leveraging technology to serve the affordable housing industry.”  

 CONTACT:

Jenna Sharp

JLL Associate

 Public Relations

Phone: +1 214 394 3356

Email:  Jenna.Sharp@am.jll.com


Next Wave Acquires Two Multifamily Communities Totaling 110 Units in Beaverton, OR for $30.5 Million

 

The Huntley, a 62-unit community
at 12310 SW Center Street, Beaverton, OR 


 Beaverton, OR Next Wave Investors, LLC (“Next Wave”), a private equity firm focused on value-add multifamily investments, has acquired two multifamily assets in the Portland metro submarket of Beaverton, Oregon for a total of $30.5 million:

 The Huntley, a 62-unit community at 12310 SW Center Street and Parker Apartments, a 48-unit community at 17135 SW Heritage Court.

 

Parker Apartments, a 48-unit community
at 17135 SW Heritage Court, Beaverton, OR

The Huntley was purchased for $18 million and has nine remaining unrenovated units offering the opportunity to create value through premium-level finishes.

 Parker Apartments, which is located approximately three miles from The Huntley, was acquired for $12.5 million and features 12 classic units that Next Wave will modernize.

 The assets are aligned with the firm’s strategy of acquiring multifamily communities in secondary markets poised to benefit from strong area fundamentals and property-level improvements, according to Jordan Fisher, Principal at Next Wave.

 

Jordan Fisher

“The Huntley and Parker are well positioned to capitalize on the growing population and robust employment opportunities provided by the greater Portland metro area,” says Fisher.

 “The Beaverton submarket, in particular, is expected to see average annual rent growth of 7.39% through 2024, as it offers attractive suburban living in close proximity to the urban core.

 "Beaverton is also home to the Nike World Headquarters, which recently opened additional facilities, and will provide opportunistic job prospects for many young professionals.

 "Additionally, Intel is set out to build a $700 million data center, or ‘mega lab,’ in neighboring Hillsboro.”

 

David Sloan

 David Sloan, Principal at Next Wave, adds: “These acquisitions come on the heels of the addition of 492 multifamily units to our Pacific Northwest portfolio last year, exemplifying our expansion into high-growth submarkets in areas like the Portland Metro, where a booming culinary and active outdoor culture continues to attract renters drawn to a high quality of life at lower costs than other West Coast markets.”

 

 CONTACTS:

Tess Hezlep / Anthea Davis

The Smart Agency  

(949) 438-6262

thezlep@thesmartagency.com  

www.nextwaveinvestors.com. 

 

 

Peachtree Promotes Joe Palmer to Vice President, Risk Management

 

Joe Palmer
 

 ATLANTA, GA, May 31, 2022 – Peachtree Hospitality Management ("PHM") announced that the director of people and culture, Joe Palmer, has been promoted to vice president, risk management.

In this newly created role, he will take responsibility for providing the strategic vision for the company's insurance, safety and risk controls. He will also coordinate with other organizational functions to enhance the risk management culture.

Palmer will report to Patrick Short, PHM's president. 

“His leadership and vision will be essential in developing and delivering our risk management programs and further reinforces our commitment to our team members and guests who entrust their health and safety with us,” Short said.

Patrick Short

A graduate of the University of South Florida, Palmer has spent 20 years in human resources for the hospitality industry.

He held leadership positions with Hilton Clearwater Beach Resort, South Seas Island Resort and the Inns of Sanibel, and Streamsong Resort. Before joining PHM in 2019, Palmer provided corporate support for a portfolio of 77 full-service and select-service properties.

For more information, please visit www.peachtreehotelgroup.com and follow them on LinkedIn.

 

 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

 

Northmarq Beefs Up Los Angeles, CA Office

 

LOS ANGELES, CA -- Northmarq’s Investment Sales platform continues to grow, with two experienced brokers joining five multifamily brokers in the Los Angeles office. Senior Vice President Mike Hanassab and Senior Vice President Elliot Hassan come to Northmarq from James Capital Advisors along with Associate Broker Sam Krutonog. 

Hanassab and Hassan, who both started in the industry in 2004, advise clients in the disposition and acquisition of multifamily properties in Southern California and have extensive knowledge of mid-market and institutional-quality multifamily assets. Having closed over $3 billion in multifamily sales, the team has represented many different investors ranging from private parties to publicly traded REITs.

Northmarq now has five offices in the Southern California area: Los Angeles, Westlake, El Segundo, Newport, and San Diego.

Ware Malcomb promotes Matt Chaiken to vice president


 Matt Chaiken 
 

 DENVER, CO, May 31, 2022  Ware Malcomb, an award-winning international design firm, announced that Matt Chaiken has been promoted to Vice President in the firm’s Denver office.


Chaiken joins the firm’s executive team, oversees the leadership of the Denver office and leads Ware Malcomb’s largest corporate accounts.

“We are appreciative of Matt’s leadership, which has helped us build a strong, connected culture,” said Matt Brady, Executive Vice President of Ware Malcomb.


Matt Brady

“He was an early champion of our civil engineering practice and has an important leadership role with some of our largest corporate accounts.

"We look forward to his contributions for many years to come.” 

Chaiken joined Ware Malcomb as Project Architect in the firm’s Architecture Studio in 2004 and helped build and grow the firm’s architecture and interior design practice in the Denver market.

 

 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

youtube.com/waremalcomb

 

CBRE Predicts Lodging Market Should Recover Fully by 2023: Drive-to and Leisure Hotels Continue to Perform Best

 

Rachael Rothman


 
Dallas, TX, May 31, 2022 – CBRE is raising its forecasts of hotel performance for 2022 and beyond, based on Q1 2022 strength, continued slowing of construction activity, higher inflation and continued optimism about employment and economic growth.

 CBRE’s forecasts call for a full recovery in average daily rate (ADR) in 2022 and in demand and revenue per available room (RevPAR) in 2023.  

 


Despite headwinds from the Omicron variant, Q1 RevPAR reached $72.20, up 61 percent from year earlier. RevPAR growth was driven by a 39 percent increase in ADR)and a 16 percent increase in occupancy.

 “To date, there has been no sign that the more than 50 percent increase in gas prices and the stock market’s hovering near bear-market territory are dampening hotel demand,” said Rachael Rothman, CBRE’s Head of Hotel Research & Data Analytics.

 “However, in the past, a steep decline in the S&P 500 and high gas prices have often caused RevPAR growth to decline, which raises the specter of a pullback in RevPAR later this year.

 


 “Despite this possibility, our outlook remains that the market will continue to recover.”

 The May 2022 edition of Hotel Horizons for the U.S. lodging industry, 65 major markets, the six hotel chain scales and six location types can be purchased by visiting: https://pip.cbrehotels.com.

  

 Contacts:

 Chris Daly

President

DG Public Relations

(703) 864-5553

chris@dalygray.com

www.dalygray.com

 

Kris Hudson

Kris.Hudson@cbre.com

 www.cbre.com.