Wednesday, October 25, 2023

Rialto Village, NewMark Merrill’s Second Project in the City of Rialto, Grand Opens at 100% Pre-Leased

Hannah Curran

Rialto, CA, Oct. 25, 2023 – Newmark Merrill Companies, Inc., a Calabasas, California-based retail shopping center owner and development company, is pleased to announce the official opening of Rialto Village, a newly developed 96,011-square-foot grocery anchored center located off the San Bernardino Freeway, off the corner of Riverside Avenue and San Bernardino Boulevard in South Rialto, California.

Greg Giacopuzzi

The company hosted a ribbon cutting ceremony for the new center on Friday, October 13th.

 

Rialto Village is currently 100% percent leased. Sprouts, Burlington, In-N-Out, and Quick Quack Car Wash opened last month.

 

Other merchants scheduled to open in the coming months include Ulta, Five Below, Mochinut, Red Phoenix Nail Salon, West Coast Dental, Coffee Bean, Cold Stone, Nekter Juice Bar, Sharetea, The Joint Chiropractor, AhiPoki Bowl, Every Table, Arrowhead Credit Union, and Mattress Firm.

 

This is NewMark Merrill’s second development in the City of Rialto.  They build the adjoining Wal-Mart anchored Rialto Marketplace, partnering with Pacific Retail Partners, which adjoins this project, and is also 100% leased. 


Darren Bovard
Many of the tenants in Rialto Village are the second or third locations in the City of Rialto, which speaks to the quality of the community.

 

Greg Giacopuzzi and Darren Bovard of NewMark Merrill along with Brian McDonald, Walter Pagel, and Hannah Curran of CBRE secured the leases and are overseeing leasing at the center.

 

“Rialto Village is the product of a great working relationship with the City of Rialto, our long-term investment in the community, as well as exceptional merchants who want to build or extend their presence in the neighborhood” said Sandy Sigal, NewMark Merrill Chairman and Chief Executive Officer.

 Brian McDonald

“We are very excited that Sprouts decided to build their first location in the area at this site, adding a healthy grocery alternative to this part of the community.

 

"We are also excited to welcome so many first tier national, regional and local merchants.


 Have a center planned, 100% leased, and built from the period of COVID and in an uncertain economic environment serves as tribute to the strength of long-term planning and community relationships that are the center of our development philosophy.”

 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.”

Tuesday, October 24, 2023

Facilities operations expert Amy Nunziata joins JLL’s Healthcare Work Dynamics team

 

Amy Nunziata 

CHICAGO, IL – JLL has hired Amy Nunziata as an Executive Vice President leading operations nationally for its Healthcare Work Dynamics Division.

 

Nunziata’s impressive career spans more than 25 years of providing leadership, management, direction and oversight of healthcare, research and academic facilities.

 

Her experience includes engineering, design and construction; security; safety; and operations. Most recently, she served as the vice president of facilities operations and engineering at New York-Presbyterian, one of the nation’s most comprehensive, integrated academic healthcare delivery systems.

 

 In that role, she was responsible for the operations of seven hospitals and the environmental health and safety for the entire 10-hospital system.


Alison Flynn Gaffney

Based in New York, Nunziata is now responsible for driving the financial performance for JLL’s healthcare clients through real estate and integrated facilities management.

 

 She will work directly with clients and JLL teams to develop and deliver scalable solutions to improve customer and patient experiences.

 

She reports to and works in partnership with Alison Flynn Gaffney, FACHE, President, Healthcare Division, Work Dynamics, JLL, to drive operational performance and optimization across the business.

 

Amy’s extensive experience will strengthen the depths of JLL’s Work Dynamics Healthcare capabilities with her transformational mindset, vision for the future and track record of operational excellence,” Flynn Gaffney said. “We are thrilled for what she brings to the team and her passion to serve our clients.”

 

 Contact:

 Kimberly Steele

PR, Occupier
JLL
T +1 713 852 3420
M +1 832 244 9994
JLL.com

Monday, October 23, 2023

Native Realty Hires Leasing Experts Sarah and Jeremiah Adler

 

 Sarah Adler

FORT LAUDERDALE, FL –– Native Realty, the pioneering Fort Lauderdale-based commercial real estate firm led by Jaime Sturgis, bolstered its team of property enthusiasts with the additions of real estate associates Sarah and Jeremiah Adler.

 

At Native, the Adlers will focus on retail and restaurant leasing.


Jeremiah Adler


Hailing from California before relocating to South Florida, the Adlers are passionate entrepreneurs. Prior to joining Native Realty, the dynamic duo co-founded and led UP(st)ART Creative Living, a highly successful property management company that leased thousands of units in hundreds of buildings.



Jaime Sturgis

Building on their accomplishments at UP(st)ART Creative Living, the Adlers also co-founded Peach Apartment and Homes, a property management and apartment leasing company.

 

“The entrepreneurial mindset of Sarah and Jeremiah Adler aligns perfectly with Native Realty’s mission to provide innovative and personalized solutions for real estate clients,” Sturgis said.

 

“They are committed to excellence and have relentless dedication toward everything they do.”

 

 Contacts:

 

 Eric Kalis

954-370-8999

ekalis@boardroompr.com

 

Max Brodsky

Account Coordinator,

 BoardroomPR

mbrodsky@boardroompr.com

O 954-370-8999

C 954-279-7574

Bank of America Plaza | 1776 N Pine Island Road

Suite 320 | Fort Lauderdale, FL 33322

Web | Facebook | LinkedIn | Twitter | Instagram

 

www.nativerealty.com.

 

Sunday, October 22, 2023

JLL Capital Markets arranged the sale and the acquisition financing for the 314-unit AMLI Design District in Dallas, TX

 

Melissa Quinn

DALLAS, TX – JLL Capital Markets has closed the sale and arranged the acquisition financing for AMLI Design District, a 314-unit, Class A, mixed-use, high-rise multi-housing asset located in Dallas, Texas. Terms of the deal were not disclosed.

 

JLL represented the seller, AMLI Residential, and procured an international real estate investor as buyer, HASTA Capital.


Lauren Dow


JLL worked on behalf of the new owner to secure acquisition financing through Freddie Mac Multifamily. The loan will be serviced by JLL Real Estate Capital, LLC., a Freddie Mac Optigo lender.

 

The JLL Capital Markets Investment Sales and Advisory team was led by Senior Managing Director Roberto Casas. The JLL Capital Markets Debt Advisory team was led by Senior Managing Directors Melissa Quinn and Lee Weaver, Vice President Rob Rothaug and Analyst Cristian Sieman, with an assist from the local Dallas Debt Advisory team, including Director Lauren Dow and Associate Chris Grievous.


Lee Weaver
“We are thrilled to have closed this transaction for HASTA that exemplifies the perfect blend of a great asset, a fast execution and incredible teamwork,” said Quinn.

 

 “Thanks to the collaborative efforts of our respective teams, the deal was swiftly executed, ensuring that our client's objectives were met with the Freddie Mac loan.”

 

Originally built in 2013, AMLI Design District consists of 312,806 square feet of residential space, 26,830 square feet of ground-floor retail and an expansive covered parking garage with 664 spaces.

 

Rob Rothaug 
 The property features studio, one- and two-bedroom units with gourmet kitchens, stainless-steel appliances, spa-style bathrooms, walk-in closets, full-size washers and dryers, quartz countertops, floor-to-ceiling windows and hardwood-style vinyl floors.


Community amenities include an infinity-edge pool, a pool deck with private cabanas, premium outdoor grilling stations, a coffee bar and skyline lounge, complimentary bike rentals and personal bike storage, a pet spa, indoor and outdoor pet parks, a state-of-the-art fitness center, an executive conference room and more.

 

Situated at 1400 Hi Line Dr., the property sits within the Dallas’s popular Design District, which is a part of the greater Intown submarket and is best known for high-end retail shops, luxury showrooms and eclectic dining experiences.


Chris Grievous
AMLI Design District is conveniently located directly off of I-35E, allowing visibility to approximately 250,000 vehicles per day and providing residents an eight-minute drive to the employment hub of downtown Dallas.


Additional proximate demand drivers include Victory Park, Uptown, the Dallas Medical District and Downtown Dallas, Harwood district, the Northend redevelopment, Klyde Warren Park and Deep Ellum. 


The property also is just a 20-minute drive to Dallas Fort Worth International Airport.

 

JLL delivers multi-housing investors a full range of solutions through one diverse, integrated platform.


Roberto Casas.
The division employs approximately 400 professionals who provide comprehensive investment sales and disposition services with access to thousands of domestic and foreign investors.

 

JLL is also one of the nation’s largest affordable and conventional multi-housing and seniors housing lenders with comprehensive loan underwriting, asset management and loan servicing capabilities.

 

Agency/GSE lending and loan servicing are performed by JLL Real Estate Capital, LLC, a wholly owned indirect subsidiary of Jones Lang LaSalle Incorporated. Loans made or arranged in California are pursuant to a California Financing Law license.

 

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


Cristian Sieman
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.

 

 


CONTACT:

 

Jenna Sharp

JLL, Public Relations

Dallas, Texas

M +1 214 394 3356

Jenna.Sharp@jll.com    

JLL Capital Markets arranges financing for two newly built, adjacent retail properties within the Kyle Crossing mixed-use development in Kyle, TX

 

Kaitlin Kane

AUSTIN, TX – JLL Capital Markets has arranged the acquisition financing for two, newly built, adjacent retail properties located in the Kyle Crossing mixed-use development within the Austin suburb of Kyle, Texas. Terms of the deal were not disclosed.

 

CW Sheehan
JLL worked on behalf of the borrower, Door Capital Partners.

 

The JLL Capital Markets Debt Advisory team representing the borrower was led by Senior Director CW Sheehan and Analysts Kaitlin Kane and Hunt Wood.

 

“This is another great acquisition for the Door Capital team,” said Sheehan. “Kyle is the third fastest growing city in the county, and this is an outstanding retail corridor.”

 

The Austin JLL Retail Brokerage team represented the seller.

 

The Kyle Crossing mixed-use development provides space for a variety of businesses, including retail, health and wellness, restaurants and entertainment.

 

 Hunt Wood
The two retail buildings are a part of the Kyle Crossing Phase II development and are 100-percent-occupied on a triple-net-lease basis.


 

CONTACT:

 

Jenna Sharp

JLL, Public Relations

Dallas, Texas

M +1 214 394 3356

Jenna.Sharp@jll.com