Thursday, February 23, 2023

Fifield Companies Promotes Two Senior Leaders as Firm Expands Into New Markets

 

Lindsey Senn

CHICAGO, IL, Feb. 22, 2023 — Developer Fifield Companies today announced the promotion of Lindsey Senn to chief development officer, and Jim Clementi to senior vice president of construction, based on their contributions to the firm’s continued success and recent expansions to the greater Miami and Denver areas.

 

 Jim Clementi

“Lindsey and Jim have been invaluable to our growth at Fifield Companies, demonstrating exceptional leadership on several of our firm’s most high-profile projects,” said Steve Fifield, founder and CEO of Fifield Companies.


Steve Fifield

“Each has mastered the ability to integrate multiple aspects of development and construction, respectively, in turning our visions into realities. And they do it all while bringing out the best in our partners and internal teams.”


Erin Spears

Senn has led several highly complex Chicago development deals for the firm from the entitlement phase through to completion, including Logan Apartments, the 220-unit mid-rise, mixed-use building in Logan Square, and Westerly, the 188-unit, 11-story apartment building in River West, both of which opened and achieved stabilization during the pandemic.

 

 Logan Apartments, Chicago, IL

She was also instrumental in raising capital for the firm’s inaugural general partner fund. Named to Crain’s 40 Under 40 list and the recipient of several other industry honors, Senn has been a rising star in real estate since joining Fifield 10 years ago.


 Westerly apartments, Chicago, IL

During his 10-year tenure at Fifield, Clementi has overseen construction of some of Fifield’s most intricate buildings, such as Logan Apartments, a transit-oriented development (TOD) with a ground floor Target, and the 390-unit, mixed-use Gold Coast development, The Sinclair, which not only brought new rental units and an improved and expanded Jewel grocery store to the neighborhood, but also spurred the revamp of the nearby Clark and Division Red Line CTA station.


The Sinclair apartments, Chicago, IL

 Clementi is leading the construction of the firm’s first project in the greater Miami area, Avida Aventura, a 266-unit TOD near the new Aventura Brightline high-speed rail station.

 

“The last few years have been transformational for Fifield with the launch of our first general partner fund and our expansion into new markets, among other opportunities, in which Lindsay and Jim have played essential roles,” said Erin Spears, president of Fifield Companies.


Avida Aventura apartments, Miami, FL

“Their promotions are a reflection of the talent and passion they bring to the work we do, as well as the excitement they share for the future of our firm as we continue to grow.”


Arden Englewood apartments, Englewood, CO

In addition to topping off Avida Aventura in greater Miami, Fifield Companies is developing an eight-story, mixed-use residential building in Miami’s Wynwood neighborhood near the proposed Wynwood Brightline station, expected to begin construction later this year.

 

The firm also recently broke ground on the 302-unit Arden Englewood, a TOD in the Denver suburb of Englewood.

 

 


CONTACTS: 

 

 Traci Failla,

 tfailla@taylorjohnson.com

 (312) 267-4516

Kim Manning,

 kmanning@taylorjohnson.com

 (312) 267-4527

 www.fifieldco.com

Wednesday, February 22, 2023

JLL Capital Markets welcomes Leigh Poulton to its multi-housing investment sales and advisory team

 

Leigh Poulton
 

 Pittsburgh, PA, Feb. 22, 2022 JLL Capital Markets announced today that it has welcomed Director Leigh Poulton to its multi-housing investment sales and advisory team. 

 

Poulton sits in the Pittsburgh office and reports to Senior Managing Directors Mark Popovich and Nick Matt, who both serve as co-heads of the Pittsburgh office of JLL Capital Markets.


Mark Popovich

Poulton will primarily work alongside Nick Matt, Nick Unkovic and the rest of the Pittsburgh Investment Sales and Advisory team, and her focus will be on the greater Pittsburgh region as well as eastern Ohio.

 

“We are very excited that Leigh has decided to join our team in Pittsburgh and help us grow the multi-housing platform,” said Matt.


Nick Matt

Poulton joins JLL with almost eight years of commercial real estate experience. She most recently worked with Cushman & Wakefield as a Director, focusing on multi-housing and development opportunities throughout the Pittsburgh region.


Nick Unkovic
 

 Prior to her role with Cushman & Wakefield, Leigh graduated from the CBRE Capital Markets Associate Program, where she concentrated on growing Pittsburgh’s footprint in the small- to mid-Capital Market multi-housing space. 

 

Poulton earned both her bachelor and master’s degree from Duquesne University.

 

CONTACT:

Jenna Sharp

JLL, Public Relations

Dallas, Texas

M +1 214 394 3356

Jenna.Sharp@jll.com

Twenty Four Seven Hotels Promotes Amanda Hawkins-Vogel to Chief Operating Officer


 

Amanda Hawkins-Vogel 

NEWPORT BEACH, CA, Feb. 22, 2023—Twenty Four Seven Hotels, a third-party hospitality management company for premium-branded, select-service and lifestyle hotel segments in the western U.S., today announced that it has promoted Amanda Hawkins-Vogel to the company’s newly created role of chief operating officer. 

 With a focus on a culture of excellence, Hawkins-Vogel will provide strategic guidance to all departments supporting the daily operations and help navigate the company through the ever-changing hospitality industry.

We truly have a best-in-class team, and with the inception of the COO role, we are going into 2023 the strongest we have ever been,” said David Wani, CEO, Twenty Four Seven Hotels. 

 Amanda has been an invaluable member of our team for the last year, and she creates tremendous value for our hotel owners with her extensive knowledge of the hotel industry.  Her experience will continue translating into successful operations for our leaders and partners."

David Wani

With three decades of international hospitality experience across Asia, Australia and the U.S., Hawkins-Vogel most recently served as executive vice-president of operations of Twenty Four Seven Hotels. 

Previously, she served as senior vice president of operations with Crescent Hotels & Resorts and vice president of operations with Sage Hospitality. 

Additionally, she held hotel-level leadership positions with Hilton Worldwide, Shangri-La Hotels, Waldorf Astoria Naples and several luxury independent properties.

“It’s a part of our culture to focus on internal growth and development” said Wani.

 “Amanda has a deep understanding of this and has clearly demonstrated her ability to grow highly collaborative teams, build strong relationships and deliver results.”

 

CONTACT:

  Chris Daly

President

DG Public Relations

(703) 864-5553

chris@dalygray.com

www.dalygray.com

www.247hotels.com.

. 

Tuesday, February 21, 2023

SkyBridge Expands at Phoenix-Mesa Gateway Airport with 250,000 SF “Building 109”

 


Groundbreaking special guests: From left: Apache Junction Mayor and PMGAA Secretary Chip Wilson, Gilbert Mayor and PMGAA Board Chair Brigette Peterson, Mesa Director of Economic Development Bill Jabjiniak, SkyBridge Arizona President Ariel Picker, PMGAA Executive Director and CEO Brian O'Neill, Queen Creek Mayor and PMGAA Board Director Julia Wheatley

MESA, AZ, Feb. 21, 2023 – SkyBridge Arizona today broke ground on SkyBridge Building 109, the developer’s latest addition to its 435-acre mixed-use project immediately adjacent to the runway at Phoenix-Mesa Gateway Airport in Mesa, Arizona.

Jackie Orcutt

The event brought together project team members Graycor Construction Company and CBRE - Phoenix, as well as local dignitaries including Brian O’Neill, Executive Director and CEO of Phoenix-Mesa Gateway Airport Authority (PMGAA); Bridget Peterson, Town of Gilbert Mayor and current PMGAA Board Chair; and Bill Jabjiniak, Director of Economic Development, City of Mesa.

Bridget Peterson

The architect for SkyBridge Building 109 is ADM Group. The general contractor is Graycor Construction Company.

Jackie Orcutt, Pete Wentis, Kevin Cosca, Jonathan Teeter and Alex Wentis of CBRE are the exclusive leasing brokers.

Ariel Picker
Building 109 is the first of two 250,000-square-foot, Class A manufacturing/warehouse/logistics buildings that SkyBridge plans to break ground on at Gateway Airport during the first half of this year.

This will bring their new building deliverables at the development to one-half-million square feet, with space targeting air cargo, e-commerce, manufacturing and aviation and defense specialists.

“The East Valley is metro Phoenix’s new frontier for aerospace, advanced manufacturing and logistics growth, which makes it a very exciting time to build here,” said Ariel Picker, President of SkyBridge Arizona and SkyBridge Plus Development.

J. Brian O’Neill

 “We appreciate the collective effort it takes to bring a Class A mixed-use project like this to life, and look forward to all that SkyBridge will do to serve its future tenants and streamline the U.S.-Mexico logistics chain.”

“Phoenix-Mesa Gateway Airport applauds the start of this exciting project,” said O’Neill. “Every groundbreaking and every ribbon cutting within SkyBridge Arizona represents new jobs and a positive impact on our regional economy.”

In addition to providing immediate access to Gateway Airport, Building 109 will feature 32’ clear height, a 7” reinforced slab on 4” AMC, 30 dock-high and 6 ground-level doors, and generous power and parking.

Bill Jabjiniak

The building is divisible to approximately 80,000 square feet, allowing it to serve a wide range of tenant types and sizes.

“The Southeast Valley is courting over 13 million square feet of active users in the market. This next phase of SkyBridge Arizona welcomes tenants from aerospace and tech-related manufacturing to cargo and logistics companies catering to the local market or looking to take advantage of the unified cargo process,” said CBRE Senior Vice President Jackie Orcutt.

 Pete Wentis
“We are excited to be working with SkyBridge on another Class A industrial development for the Phoenix-Mesa Gateway submarket!”

When complete, SkyBridge will be the nation’s first cargo hub with a joint U.S.-Mexico Customs inspection facility on site.

The project is slated for 1.3 million square feet of aeronautical development, almost 2.2 million square feet of non-aeronautical development and 270,000 square feet of commercial retail and office development.

On behalf of SkyBridge, Graycor has already completed 134,500 square feet of space in two buildings at the Gateway Airport site.

 Kevin Cosca
The first is an 82,500-square-foot, Class A hangar building with office space and four bays to accommodate aircraft as large as a G650 business jet.

 The second is a 52,000-square-foot flex industrial building with 24’ clear height, storefront entries, administrative offices, conference and break areas, and a warehouse component with up to four docks. Both buildings are fully leased.

“It was our pleasure to deliver the very first buildings at SkyBridge and we’re honored and excited to build the next,” said Rusty Martin, Graycor Construction Company’s Southwest Division General Manager. 

Jonathan Teeter
“SkyBridge has a clear vision and true commitment to deliver high-quality product that is uniquely airport accessible and in line with what aerospace and logistics-related tenants are seeking as they locate and expand in Arizona.”

The SkyBridge master-planned development is located along the southwest portion of the runway at Gateway Airport.

 It is slated to become a first-of-its-kind Unified Cargo Processing (UCP) facility, allowing users to complete on-site cargo inspections and processing so that shipments between the U.S. and Mexico can be expedited directly to their destinations in Mexico.


 Alex Wentis
SkyBridge continues to pursue end-users with a focus on aeronautical and industrial requirements, in conjunction with economic development teams from the City of Mesa and State of Arizona.

.





CONTACTS:

 Stacey Hershauer

focusAZ 

 P 480.600.0195

www.focusaz.com

 

www.skybridgeaz.com.

www.graycor.com.

www.cbre.com.

 

 

 

 

Illustrated Properties Closes Two Commercial Deals Totaling $5 Million in Broward and Palm Beach counties

 

Lorin Romeo Romay

Fort Lauderdale, FL and Atlantis, FL. Feb. 21, 2023 – Illustrated Properties and Hanlon Realty Group just completed two commercial real estate sales totaling nearly $5 million in Broward and Palm Beach counties. 

Lorin Romeo Romay of Illustrated represented the buyers, in collaboration with Sherri Hanlon of Hanlon Realty Group, of a flex building in Fort Lauderdale and a medical office building in Atlantis.

Romay and Hanlon completed the $2.34 million sale of the 5149 NW Ninth Ave. flex building. Rabtown Inc. purchased the 9,937-square-foot building from Coconut Fields Forever, LLC.

The buyer plans to operate a doggie daycare and boarding service in a 7,000-square-foot space at the building. Romay and Hanlon are marketing the remaining 3,000 square feet, which will soon be available for lease.

 Sherri Hanlon

In Atlantis, the agents represented Kidney and Hypertension of the Palm Beaches, PLLC in its purchase of a 6,718-square-foot medical office building at 101 John F. Kennedy Drive.

Strategic Realty Services represented sellers Da Vinci Diagnostic Facility LLC and Da Vinci Diagnostics Facility II LLC.

Perseverance, strong negotiating skills and follow-up were key components when the agents were faced with multiple challenges throughout both transactions.


5149 NW Ninth Ave. flex building, Fort Lauderdale, FL

The medical office deal was two years in the making, with Romay initiating the opportunity through a cold call to the seller.

The buyer is a nephrologist and will operate out of the facility alongside his wife, who is also a physician of internal medicine and owner of Mohr Medical, LLC.

Romay and Hanlon have longstanding relationships with both buyers and have plans to help both clients expand locations further in the future.

 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

  ipre.com.

 

 

 

Groupe Mercure Forbes Properties - The castle market remains particularly attractive with a return of foreign customers

 

Olivier de Chabot-Tramecourt

PARIS, FRANCE -- Prestige and character property: a positive balance sheet for 2022 and an encouraging outlook for 2023 despite an uncertain context. The castle market remains particularly attractive with a return of foreign customers.


Mercure Forbes Global Properties, which has been specialising in prestige and character properties for 87 years, has posted a 22% increase in results despite a complicated macro-economic and geopolitical context in the second half of 2022.

 For 2023, some uncertainties weigh on the property market, mainly linked to the rise of interest rates, energy costs and the increase in raw materials.

 


Nevertheless, after the opening of two new agencies in 2021, the group confirms its ambitions for 2023 by continuing its development in France.

 "2022 has been an excellent year for the group, with sustained and increasing growth, a rebalancing of our business between urban and rural areas while accelerating our structuring plan," said Olivier de Chabot-Tramecourt, Managing Director of Mercure Forbes Global Properties.

 


The group began 2022 with the same momentum as at the end of 2021, recording 332 transactions for a volume of just over 290 million euro. 

 The presidential elections did not interrupt the good start to the first half of 2022, which accounted for 60% of the year's transactions.

 The first signs of a slowdown came in July with a drop in visits and signatures. The property market contracted in the second half of the year as a result of the economic and geopolitical context.

The rise in energy prices and new environmental standards led to a return to negotiation in favor of buyers of around 3 to 6%.

 The declining demand in major cities such as Bordeaux, Lyon or Toulouse has led to a further downturn in this market, contributing to a rebalancing of prices, except in Paris, which has maintained its dynamic as the capital city and attraction to foreigners looking for top-of-the-range property in the City of Light.

Another remarkable fact of 2022: the return of foreign customers. While Asian buyers have not yet returned and British customers are still few in number to request visiting properties, American customers have benefited from the euro/dollar parity with a gain in purchasing power of up to 20%.

 The group's foreign investors accounted for 14% of turnover compared to 11% in 2021 when European neighbors were predominant.

 

The castle market

The group's leadership in the castle market has seen a 14% increase in the segment's share of sales for the year, with castles accounting for 34% of Mercure Forbes Global Properties' transactions in 2022. 

 The group still holds 50% of the castles for sale in France and maintains its market share of one in three castles sold in France with a cumulative number of over 5,100 castles sold.

 


Mercure Forbes Global Properties, a real estate group committed to the conservation and preservation of built heritage, is also becoming a leader of the Demeure Historique and strengthening its ties with Vieilles Maisons Françaises and Dartagnans. 

 2022 or the rebalancing between rural and urban areas

 Since 2020, the sanitory crisis, the remote working new tendency and people who are seeking for an authentic lifestyle, have intensified the demand in rural market.

 This phenomenon resulted in a 30% contraction in the stock of character houses, manor houses and castles, especially in the attractive areas of the major cities and along the main communication routes (transport, internet, services, etc.). 


New customers in town centres contributed to a more balanced negotiation environment with sellers for well-situated flats and town houses which have small exterior, and, endowed with the characteristics of the beautiful french heritage.

  This period contrasts with 2020 and 2021 where negotiations were difficult and properties were lacking.

 


We notice that the demand for properties which aims to develop tourist activity is currently increasing. It is however difficult to find an appropriate property for such commercial activities. 

 For Mercure, the second home market is dynamic with an increase of 6% in 2022. This is motivated by the changes in the ways that the customers make use of the properties, for whom these second, vacation homes become their main address.

 About Mercure Forbes Global Properties Group

 Mercure Forbes Global Properties is a specialist and a true expert, and since 1936 has been offering the most comprehensive selection of French real estate.

 From charming houses to castles, from rural estates to urban and contemporary properties, the Mercure Forbes Global Properties group offers more than 1,000 character properties for sale and rent throughout France.

 With 20 locations throughout France and an international team, the group is committed to Propriétés d’Excellence by meeting the demands of a high-end French and foreign clientele.

 CONTACTS:

  

Marion LEBEL

06.31.09.03.83

marion@aplusconseils.com   

Christelle ALAMICHEL

06.31.09.03.83

christelle@aplusconseils.com

 http://www.groupe-mercure.fr/