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| Carrie Bobb |
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CONTACT:
Good morning, Friends: This is your Free site to publish daily real estate-related news releases. The releases may be edited for length. Photos in JPEG or GIF format will also be considered. There is no charge. Please send all material, photos and queries to: alexfinkelstein@aol.com.
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| Carrie Bobb |
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| Alyssa Armesto |
CENTRAL VALLEY, CA –– Tangram, a curator of highly creative commercial interior environments and workspaces headquartered in Southern California, has announced Alyssa Armesto has been promoted to Vice President for Tangram Interiors, Central Valley.
Armesto first joined the Tangram team in 2013 as a Sales Executive in Newport Beach, CA. She went on to assume the role of General Manager for Fresno in 2019 and in 2021 expanded her role to encompass the entire Central Valley.
As a Fresno native, Armesto has deep ties within the community and surrounding areas, which has contributed to her success in foundational relationship building.
A Clovis, California native since the age of 10, Armesto earned a Bachelor of Science degree in Accounting and Business from Azusa Pacific University.
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| Joe Lozowski |
“As a Fresno native with a deep understanding of the community, her unique ability to foster relationships and build on existing ones at an impressive pace will be her greatest asset as she steps into the Vice President position. I am eager to watch her thrive in the Central Valley.”
CONTACT:
Media Contact
Rachel Devany
KCOMM
949-443-9300
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| Rachel Moniz |
SARANAC LAKE, NY – Officials of HEI Hotels & Resorts, a leading hospitality investment and management company, announced the addition of the 93-room Saranac Waterfront Lodge, bringing its portfolio of third-party managed hotels to 101.
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| 93-room Saranac Waterfront Lodge, Saranac Lake, NY |
“A beloved local destination, the Saranac Waterfront Lodge has a wonderful reputation we look forward to expanding upon with both locals and visitors,” said Rachel Moniz, Principal and Chief Operating Officer, HEI.
“With an incredible location in the heart of the Adirondacks, one surrounded by natural beauty and wonders, the lodge truly is the ‘base camp for area adventures.’
"Our goal is to ensure that
the Saranac Waterfront Lodge becomes the place to be, whether it’s enjoying a
special meal overlooking Lake Flower, hosting a business event in our LEED-certified
conference center or simply warming up with a hot cocoa in-between visits to
the famed Winter Carnival Ice Palace each February. We want to make The
Lodge a true destination for all.”
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| Winter Carnival Ice Palace, Saranac Lake, NY |
Centered in the Tri-Lakes region between Lake Placid & Tupper Lake, the Saranac Waterfront Lodge is located directly on the shores of Lake Flower's Pontiac Bay, the center of major area events and just a short stroll from the downtown arts district of the Village of Saranac Lake.
The hotel is minutes away from Lake Placid
and Tupper Lake, one hour from
Plattsburgh International Airport and two and a half hours from the Albany,
Burlington and Montreal International airports.
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| Pontiac Bay on Lake Flowers |
With direct lake access
the resort also provides third-party boat rentals, as well as
seasonal activities, amenities and packages. The resort hosts a locals’ night on Tuesdays and
Thursdays featuring live music and has begun working with local food and
beverage producers to create a more regionalized farm-to-table experience in
the Boathouse restaurant.
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| Village of Saranac Lake |
“The Saranac
Waterfront Lodge is one of the best kept secrets in Adirondacks,” Moniz
added. “As we work toward increasing occupancy, improving guest
satisfaction scores and upgrading our fine dining experience, we will also
create more career opportunities, a recipe we are confident will further
benefit the local economy.”
CONTACT:
Chris Daly, media
(703) 864-5553
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| Gerry Boeneman |
Hammock Reserve is just off Prado Grande Street near the
intersection of Old Haines City/Lake Alfred Road and U.S. Highway 27.
Gerry Boeneman,
President of Dream Finders Homes’ Central Florida division, said the open
floorplans can be upgraded with
a selection of options, including stone exteriors, tile flooring and numerous
kitchen enhancements.
“With the variety of plans we’re offering in phase two, everyone from first-time buyers to growing families to retirees should be able to find their perfect home,” he said.
Dream Finders’ new home plans at Hammock Reserve
– priced from the mid-$200,000s – are The Brahms, a three-bedroom,
two bath plan with 1,318 square feet; The Kassia, a
1,673-square-foor home with four bedrooms and two baths;
Also,
The Magellan, which offers three bedrooms and two-and-one-half baths in
2,031 square feet; and The Strauss, a 2,403-square-foot plan with
four or five bedrooms and three baths.
Boeneman said a bonus for buyers is that all closing costs will be paid when a Dream Finders Homes’ preferred lender is used.
For more information about homes at Hammock
Reserve, prospective buyers can call 888-223-8340 or visit Orlando.OnlineSales@DreamFindersHome.com.
CONTACTS:
Gerry Boeneman
Division President
Dream Finders Homes
888-214 1164 or
Gerry.Boeneman@dreamfindershomes.com
Beth Payan, Larry Vershel
Communications
407-461-3781 or
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| Richard Fisher |
Richard Fisher, Vice President of Investment Services at Hold-Thyssen, represented the seller Oconee Woodlands in the sale of the property to a US investment group.
The building is 100 percent triple net leased to
Sprint for its data/switch center and it was built in 1997 on a 3.81-acre site.
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Sprint Building, 360 South Lake Desiny Drive, Orlando, FL |
Hold-Thyssen 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 than 100 commercial properties throughout the United States.
CONTACTS:
Richard Fisher
Vice President/Investor
Services
Hold-Thyssen, Inc.
813-880-7100 Ext 303
Beth Payan
Larry Vershel
Communications Inc.
407-461-3781
CONTACT:
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| Northland Center, a two-building, 492,514 square-foot, Class A office park in Bloomington, MN |
Minneapolis, MN– KBS, one of the largest owners and operators of premier commercial real estate buildings in the nation, announces a renewal at Northland Center, a two-building, 492,514 square-foot, Class A office park located in Bloomington, Minnesota, a submarket in Minneapolis.
The agreement was inked by SFM Mutual Insurance Company,
which has renewed its lease for 49,490 square feet of space. Northland Center
is located at 3500 & 3600 American Boulevard West, Bloomington, Minnesota.
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| Giovanni “Gio” Cordoves |
“KBS has seen a consistent pattern of companies
discovering that bringing teams together in easily commutable and
well-amenitized office space promotes collaboration and company culture that translates into
business success,” says Cordoves.
“This realization is driving long-term office
occupancy in markets nationwide by firms who are focused on being at the top of
their game.”
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| Ryan Pires |
The
desire to attract and retain high-level talent in a candidate’s market is
fueling a flight to quality there, says Ryan Pires, asset manager
for Northland Center and assistant vice president of KBS, who notes that the
asset recently underwent nearly $1 million in renovations.
“As KBS implemented significant improvements at
Northland Center, office users in the area have increasingly expressed interest
in this property,” says Pires.
“The
renovation plan included refreshing the lobbies of both buildings and the
addition of 25,000 square feet of innovative spec suite space—a turnkey
solution for start-ups and companies rebuilding their businesses after the
pandemic.
"These upgrades have established Northland Center as one of
the most desirable office properties in Minneapolis.”
Northland Center is a BOMA International
Award-winning office asset located along the border of the highly affluent
Edina, Minnesota, close to public transportation.
. The asset is LEED-Silver certified and has
achieved the UL Verified Healthy Building Mark for Indoor Air.
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| Bill Rothstein |
“KBS’ deep expertise in asset management ensures
this property provides the location, amenities and service tenants are seeking
in this market.”
CONTACT:
Arleeny Escarcega
aescarcega@thesmartagenc.com
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| Lisa Merage |
Located in a Qualified Opportunity Zone, the 4,300-acre project
will hold more than 25 million square feet of speculative and build-to-suit
logistics, distribution, manufacturing, and data center space upon buildout,
while delivering significant economic benefits to the region.
Revitate has invested from its Impact OZ Fund 2022, LP (Revitate
Impact) to support the project led by development and investment firm Mark IV
Capital. The project fits the investment strategy for the firm, according
to Alex Bhathal, Revitate’s Founder, Executive Chairman and
Managing Partner.
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| Alex Bhathal |
“Our partnership with Mark IV Capital on this project aligns with the mission and the purpose of our Revitate Impact strategy, which is to infuse new capital and opportunity into emerging secondary markets across the United States,” says Bhathal.
“This community is the perfect location for our investment, both as an important logistics hub for manufacturing and distribution companies, and as a region that is positioned for ongoing economic development.”
The continued high demand for quality
industrial product in this submarket means a project of Victory’s magnitude
makes sense, adds Revitate’s Managing Director of Commercial Real Estate, Robert
Lang.
“Northern Nevada is a highly strategic area,” says Lang. “The
region’s infrastructure and central location provides unparalleled
coast-to-coast access. Companies establishing their operations here will find
multiple options for manufacturing and transporting goods.
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| Robert Lang |
"In fact, since 2015, more than 200 companies have relocated, established, or expanded their operations in Northern Nevada. Polaris, Petco, eBay, Zulily, Intuit, Sherwin Williams are just a few of the corporations that have taken advantage of Northern Nevada’s business-friendly regulations, highly trained workforce, and outstanding tax incentives.”
Victory Logistics District will jumpstart multiple employment
opportunities, creating numerous jobs in construction and auxiliary services.
Additionally, companies that establish operations within the project will
create jobs for local residents, as well as economic benefits for the
surrounding region.
“An important element of our Opportunity Zone strategy is to
generate broader benefits to the community from the projects we support and
develop,” says Lisa Merage, Co-Founder, Chief Impact Officer, and
Managing Partner of Revitate.
“We’re proud and encouraged that Victory Logistics District will offer Northern Nevada significant potential for job creation and economic growth.”
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| Evan Slavik |
Located at the intersection of Interstate 80, U.S. Highway 50 and
the future Interstate 11, Victory Logistics District will also provide on-site
access to the Union Pacific and BNSF rail line, which will be aided by a planned
transload facility within the project.
The first phase of 815,000 SF was completed in 2022, and the
second phase is currently under construction, expected to be complete in
October of 2023.
This
second phase will consist of three, Class A industrial facilities totaling 1.2
million square feet. Future phases will offer build-to-suit developments and
additional speculative space.
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| Rendering of Victory Logistics District |
The developer’s President, Evan Slavik, says that “Mark IV Capital couldn’t be more pleased to have Revitate involved in the development of this exciting project.
"Their expertise in the Opportunity Zone
space cannot be matched, they understand the complexities of what makes this
project so unusual, and they have the ability to raise the type of equity that
will be needed to keep up with the demand for industrial space in this
region.
"We look forward to having Revitate as a
partner in this phase, and in future phases, of Victory Logistics District as
we continue to provide best-in-class industrial space for the region's incoming
and expanding industries.” )
Contact:
Lexi Astfalk
The
Smart Agency, Inc.
(949)
438-6262