Lincoln Property Company Strengthens Nevada Presence with First In-State Office

 

From left: Haley Novak, Assistant Property Manager / Jessica Saldana, Senior Property Manager / Aurora Murtey, Property Manager

 

LAS VEGAS, NV – Lincoln Property Company’s Southwest division, LPC Desert West, has established an office in Nevada, hiring a locally based team to oversee the company’s rapidly growing commercial real estate footprint in Las Vegas and Reno.

LPC’s development, investment, management activity in the state exceeds 6.1 million square feet.

David Krumwiede

Based in Phoenix, LPC Desert West since 2001 has developed over 15 million square feet, acquired more than 6 million square feet and currently manages almost 21 million square feet of institutional-grade commercial space in a region spanning Arizona, Utah, Nevada and New Mexico.

Jessica Saldana

Nevada represents 6.1 million square feet of that activity, including a 769,572-square-foot investment portfolio and a 1.5 million-square-foot new development that is currently under construction.

Aurora Murtey

It also includes 3.7 million square feet of property management activity through a mix of owned and third-party assets.

“Las Vegas and Reno have experienced incredible industrial growth, much like we’ve seen in Phoenix,” said LPC Senior Executive Vice President David Krumwiede.

Haley Novak 

“It is exciting to have our Nevada office officially open and our boots-on-the-ground experts in place so that we can bring our full set of investment, development and management skills to bear in Nevada as we’ve done in Phoenix for more than two decades.”

Julie Cornelius

The new LPC Nevada office team includes Senior Property Manager Jessica Saldana, Property Manager Aurora Murtey, Assistant Property Manager Haley Novak and Senior Building Engineer Jeff Robins.

Together, the office manages almost 770,000 square feet of LPC-owned space at West Craig Industrial Center in North Las Vegas and six buildings within Hughes Airport Center, near Harry Reid International Airport.

 It also manages an institutional-grade industrial portfolio totaling 30 buildings and 3.7 million square feet in Las Vegas and Reno.

West Craig Industrial Center, North Las Vegas, NV

That space is part of a larger, 8.1 million-square-foot regional industrial portfolio that LPC manages for the institutional owner across Arizona, Nevada and New Mexico.

“Our property management presence in Nevada has grown from assisting with acquisition and due diligence services into a full management, leasing and construction management scope of work,” said LPC Desert West Managing Director Julie Cornelius.

 “We have put our market knowledge to work, and continue to grow the value of our owned and third-party properties through strategic management and leasing.”

On the development front, LPC is building the Class A, 1,585,440-square-foot Windsor Commerce Park. The project is LPC’s first ground-up industrial development in Nevada and one of the largest underway in the Las Vegas market.

Slated for completion during the third quarter of 2024, Windsor Commerce Park will total eight buildings and 86 acres located directly across the street from North Las Vegas Airport, on the northeast corner of Carey Avenue and Simmons Street, and visible from U.S. Route 95.

John Orsak

“We were drawn to Nevada by its strong fundamentals and those factors continue to drive our growth plan in the state,” said Lincoln Property Company Senior Vice President John Orsak.

“We are actively operating in both Las Vegas and Reno, and looking to increase that activity in the years ahead.”

LPC is actively seeking new investment, development and management opportunities in Las Vegas and Reno, including opportunities currently under negotiation.

For more on leasing, investment or property management opportunities with Lincoln Property Company in the Desert West region, please call David Krumwiede or John Orsak at (602) 912-8888.

 

CONTACT:

 

Stacey Hershauer

480.600.0195

stacey@focusaz.com

 

www.lpc.com or

 www.lpcdesertwest.com.

 

CrossMarc Services Names Genessy Jaramillo Sales and Leasing Associate

 

Genessy Jaramillo

 WINTER PARK, FL – CrossMarc Services, LLC, a real estate investment and advisory firm based in Winter Park, has named Genessy Jaramillo Sales and Leasing Associate.

 

Jaramillo’s experience in the brokerage industry began with investment sales and various real estate sectors at Marcus & Millichap in Nashville, TN.

 

 She is licensed in both Florida and Tennessee, a member of the International Council of Shopping Centers (ICSC) and is fluent in both Spanish and English. 

John Crossman

A Central Florida native who graduated from the University of Central Florida with a degree in Business Management, Jaramillo has a broad understanding of the local market and its current trends.

 

In her new role at CrossMarc Services Genessy specializes in tenant representation, landlord representation and investment sales, according to CrossMarc Services CEO John Crossman, CCIM. CRX.

 

“Genessy’s skills and experience are an asset to our team and we look forward to seeing the positive impact she will have on our mutual growth,” said Crossman.

­­­­­

 

 

CONTACTS

 

John Crossman,

President

 CrossMarc Services, LLC, 

1011 N. Wymore Rd.

 Winter Park, FL 32789

 407-794-9393

 jcrossman@crossmarcservices.com

 

Beth Payan, Larry Vershel Communications, 2433 Lee Rd., Winter Park, FL 32789; 

407-461-3781 

beth@larryvershel.com

 

www.crossmarcservices.com

 

 

JLL Capital Markets closes sale of the 211,971-square-foot Rockwall Market Center to Dunhill Partners in Rockwall, TX

  

Megan Babovec

 DALLAS, TX – JLL Capital Markets has closed the sale of Rockwall Market Center, a 211,971-square-foot retail center located in the DFW suburb of Rockwall, Texas.

 

 Bill Hutchinson

JLL marketed the property and assisted in the sale to Dunhill Partners, led by its CEO Bill Hutchinson. The price was not disclosed.

 

The JLL Retail Capital Markets team was led by Senior Managing Directors Adam Howells and Ryan Shore and Analyst Megan Babovec.

Adam Howells

Built in 1999, Rockwall Market Center is 100% leased to a robust, high-performing, national tenant roster, which includes Ross, Burkes Outlet, Michaels, Old Navy and Petco.

 

The property features an average tenant tenure of 18.2 years, and 82% of the property’s income stream is generated from its national tenancy. The property draws over 1.5 million annual visitors.

 

 Ryan Shore

Located at 2663-2885 Market Center Dr. within a dominant retail corridor, the property sits directly off of Interstate 30, offering visibility to over 103,000 vehicles per day.

 

Rockwall Market Center benefits from proximity to both Lake Ray Hubbard and Highland Meadows neighborhood and is less than a 20-minute drive to downtown Dallas.

 

Additionally, within a 10-mile radius is a daytime population of 317,271 and $17 billion in consumer spending power.

 

 

 

CONTACT

           

 Jenna Sharp

JLL, Public Relations

Dallas, Texas

M +1 214 394 3356

Jenna.Sharp@jll.com

Tapville Social Brings Innovative Dining Experience to Pittsburgh's Strip District

  

Rachel Forslund 

PITTSBURGH, PA, Aug. 30, 2023 – Tapville Social, a data-driven restaurant concept known for its craft cocktail flights, self-pour tap wall and New American eats, is excited to announce its newest location in Pittsburgh, PA.

  Anticipated to open in 2024, this new restaurant will be located at 1500 Smallman Street, joining The Vision on Fifteenth development, which is positioned in the heart of the vibrant Strip District.

Joseph Williams

The Pittsburgh deal, finalized in mid-August, was facilitated by Joseph Williams and Rachel Forslund from The Woodmont Company, representing Tapville Social, while Tommy McCafferty of CBRE represented landlord Burns Scalo Real Estate.

 

Tapville Social utilizes progressive technology through the self-pour tap wall, which features wine, beers and ciders, and through its seamless customer ordering experience.

 

The company enjoys boasting its brunch menu, which includes creative brunch cocktail flights and New American-inspired brunch dishes.

Tommy McCafferty

Tapville has 22 locations open with 52 in development and currently has five locations “coming soon” across Texas, California, Nevada, and Pennsylvania.

The Woodmont Company collaborates with Tapville Social for its nationwide expansion, focusing on site selection in Orlando, Tampa, Denver, Dallas-Fort Worth, Chicago, and more.

About Tapville Social: Tapville Social is a technology-driven restaurant concept offering a dynamic dining experience that combines craft cocktails, a self-pour tap wall, and a diverse New-American menu. 

With locations across multiple states, Tapville Social aims to redefine social dining through innovation and exceptional hospitality.

About The Woodmont Company: The Woodmont Company is a full-service real estate development, brokerage, investment, and management firm that has been delivering exceptional results for over 43 years. With an extensive portfolio of successful projects across the country, the company specializes in retail, mixed-use, office, and residential developments.

 

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.”

Hold-Thyssen Completes Six-Year Expansion Lease Agreement for Worldwide Luxury Resort Developer’s HQ in Winter Park, FL

 

Darby Hold

WINTER PARK, FL --- Hold-Thyssen, Inc., a full-service real estate services firm recently completed a six-year expansion lease agreement at 1031 West Morse Boulevard with a world-wide developer and operator of luxury resorts.

 

Timbers Holdings, LLC, which has been offering spectacular one-of-a-kind resort destinations around the world for two decades, has expanded and now occupies 11,279 rentable square feet in the Class A Winter Park office building. 

Darryl Hoffman

Senior Director Darby Hold negotiated the agreement on behalf of Morse Boulevard Development Associates, LLC, landlord at the 47,852 square foot three-story office building that is also home to Seacoast Bank; Carr, Riggs & Ingram, CPA and Sasso & Sasso, P.A.

 

Darryl Hoffman with JLL represented Timbers Holdings in the transaction. 

1031 West Morse Boulevard, Winter Park, FL

Hold-Thyssen, Inc. 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

           

 

Robert P. Hold, Principal, Hold-Thyssen, Inc. 407-691-0505, 

bhold@HoldThyssen.com

 

Beth Payan, Managing Director, Larry Vershel Communications Inc.

407-461-3781

 beth@larryvershel.com

 

 

PEBB Enterprises and Falcone Group Add Starbucks, Fancy Sushi and Playa Bowls to Dynamic Tenant Mix at Beachwalk in Jacksonville, FL

Jenny Schuemann 

 JACKSONVILLE, FL, Aug. 24, 2023 – Beachwalk Retail Center LLC, a partnership between PEBB Enterprises and Falcone Group, continues to generate leasing momentum at its highly anticipated Beachwalk project near Jacksonville.

 Starbucks, Fancy Sushi and Playa Bowls are the latest tenants to sign leases at the development, which includes 170,000 square feet of new retail and restaurants.

Starbucks is set to occupy 2,500 square feet at Beachwalk, while Fancy Sushi leased 1,500 square feet and Playa Bowls leased 1,200 square feet.

The retail and restaurant tenants will be located on the 47-acre northern portion of the project surrounding the 14-acre Crystal Lagoon.

These leases bring Beachwalk’s retail and restaurant component to over 55% leased.

“Beachwalk continues to attract tremendous interest from top-tier retailers and food-and-beverage operators,” PEBB Vice President of Leasing Jenny Schuemann said.

“The multi-faceted nature of Beachwalk is extremely appealing to prospective tenants. Our venture looks forward to announcing additional new leases in the coming weeks.”

Other Beachwalk tenants include Fysh Bar & Grill, Noire Nail Bar, F45 Fitness, BurgerFi, Supercuts, Kilwins, Fancy Sushi, Bagels R Us, Island Fin Poke, The Covery and a Union 76 Daybreak Market.

The venture is developing a 130-key COMPASS by Margaritaville select-service hotel fronting the Crystal Lagoon. Beachwalk also includes The Elysian, a 348-unit luxury apartment complex.

“As the different components of Beachwalk are delivered, the community will benefit from a critical mass of residents, hotel guests and other visitors,” PEBB Chief Investment Officer Eric Hochman said. “That makes our project ideal for restaurants and service-oriented retail tenants.”

Chris Stewart 

PEBB also developed the Shoppes at Beachwalk retail center across the street from Beachwalk. The company sold the center to Publix Super Markets in February 2022. Publix anchors the 48,400-square-foot center with a grocery and Publix Liquor location.

Beachwalk outparcels fronting State Road 210 range from one to five acres. Prominent pylon signage along the highway is also available.

For leasing inquiries, contact PEBB’s Chris Stewart or Jenny Schuemann at (561) 613-4020.

 

Art Falcone

About Falcone Group: 

Based in Boca Raton, FL and led by veteran developer Art Falcone, the Falcone Group has reshaped skylines and redefined the way Americans live, work and play for more than 40 years.

Their expertise in hospitality and real estate includes large-scale mixed-use developments, residential communities, and entertainment venues from Miami to San Francisco.  

CONTACTS

 

 Eric Kalis

954-370-8999

ekalis@boardroompr.com

 

 

Daniel Benjamin

Senior Account Executive,

BoardroomPR

dbenjamin@boardroompr.com

O 954-370-8999

C 954-618-8287

https://pebbenterprises.com/.

falconegroup.info