Saturday, August 27, 2016

Baird & Warner To Open New Office in Chicago’s South Loop

. 
Laura Ellis

 CHICAGO, IL — Baird & Warner, Chicagoland’s largest, locally owned, independent residential real estate services company, announced it has signed a lease for a new office located in the Transportation Building at 620 S. Dearborn St., which will be focused on providing brokerage, mortgage and title services primarily to the South Loop and its surrounding neighborhoods.

The new office builds upon the company’s exponential growth, marking its 28th location in the Chicago area and following two record-breaking years in revenues, including $7.2 billion in sales and 27,500 transactions in 2015.

Jim Psyhogios
“Baird & Warner has always been active in the South Loop, but with major developments like RiverLine and a massive 62-acre development bringing thousands of new residential units to the community, we’ll be well-positioned to leverage opportunities in this flourishing neighborhood,” said Laura Ellis, president of residential sales and the executive vice president of Baird & Warner.

“Our company has experienced record-breaking revenues for the past two years, and our expansion in the South Loop will build upon that success.”

The South Loop office is slated for occupancy at the end of the year. Like all of Baird & Warner’s offices, it will reflect the company’s one-to-one ratio, having a dedicated, noncompeting manager overseeing a single office.

Managing broker for the new location will be Jim Psyhogios, a real estate veteran and South Loop resident who has spent the last 20 of his 25 years in the industry providing brokerage services exclusively to the South Loop neighborhood. In fact, Psyhogios joined Baird & Warner earlier this year specifically to launch and manage the South Loop office.

“To have someone of Jim’s caliber leading our South Loop team speaks volumes about the success we envision for this new office,” said Ellis. “His knowledge and understanding of the neighborhood will be beneficial to everyone who walks in our door — whether they are a buyer, seller or an agent looking to join our family.”

“I’ve always been a champion of the South Loop as being one of most dynamic neighborhoods in Chicago, so I’m beyond excited to bring the best marketing and technology tools available to Baird & Warner’s broker associates, enabling them to make it easier for sellers and buyers to tap the neighborhood’s full potential,” said Psyhogios. 
   
 For a complete copy of the company’s news release, please contact:

Julie Liedtke, jliedtke@taylorjohnson.com, (312) 267-4521
Kim Manning, kmanning@taylorjohnson.com, (312) 267-4527


Lincoln Brokers Five New Office Leases Totaling More Than 49,000 Square Feet at One Eleven in Orlando, FL

  
Andrei Savitski
 ORLANDO, FL – Lincoln Property Company Southeast (Lincoln) has brokered five new office leases totaling 49,200 square feet at 111 N. Magnolia Ave. in Orlando. Austin Stahley of Lincoln represented the landlord in the transactions.

Details of the transactions are below:

·      Envy Labs signed a new 4,722-square-foot lease. Andrei Savitski and Paul Kelly of Coughlin Commercial represented the tenant in the transaction.

·      Houston International Insurance Group signed a new 5,569-square-foot lease. Andrei Savitski and Paul Kelly of Coughlin Commercial represented the tenant in the transaction.

·      Huitt-Zollars signed a new 13,667-square-foot lease. Andrei Savitski and Paul Kelly of Coughlin Commercial represented the tenant in the transaction.

·      Avyd Inc. signed a new 15,954-square-foot lease. Stahley represented both the landlord and the tenant in the transaction.


Paul Kelly




·      Ciber Inc. signed a new 9,288-square-foot lease. Jeff Streep of JLL represented the tenant in the transaction.

 “We’re very excited about the growth we’ve seen in Orlando during the last couple of years,” Stahley said. “We have signed more than 52,000 square feet of leases in the last six months at One Eleven, bringing the building to 92 percent occupancy.

“This gives us a lot of confidence for our upcoming developments, like our Tremont Plaza project, which will be the first new tower in downtown Orlando since One Eleven was built in 2008.”

One Eleven is a revolutionary 30-story mixed-use building in downtown Orlando comprising of a dynamic mix of retail, office and residential with breathtaking views of the skyline and Lake Eola. The 162,240-square-foot tower includes 10,000 square feet of retail space, 150,000 square feet of office space and 160 apartment units.

For a complete copy of the company’s news release, please contact:

Savannah Durban
The Wilbert Group

404-343-0870

NAI Realvest Brokers $610,000 Sale of Office-Retail Site In Orlando, FL


 
George Viele
 ORLANDO, FL – NAI Realvest recently negotiated the $610,000 sale of vacant development land at 4512 Old Goldenrod Rd. in Orlando.

NAI Realvest Associate George Viele negotiated the transaction on behalf of the local sellers, Edward W. and Elizabeth A. Carpenter.   

BRXW Holdings, LLC purchased the 1.23-acre tract which is zoned office-retail with 148 feet of frontage on South Goldenrod Rd. for a full service car wash.

For a complete copy of the company’s news release, please contact:

Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142 Lvershelco@aol.com


Emerson International Negotiates Two Expansion Leases at Centerpointe II in Altamonte Springs, FL totaling 17,500 Square Feet

  
Kenneth Koch
Altamonte Springs, FL-- Emerson International recently completed two expansion lease agreements for a total of 17,535 square feet of professional office space at Centerpointe II, Emerson’s Class A office development at 220 E. Central Parkway in Altamonte Springs.  

Kenneth Koch, director of leasing for Emerson International negotiated both transactions on behalf of Emerson. 

Nirvana Health Services, a home healthcare provider, expanded for a total of 9,035 square feet and Preferred Plastic Surgery of Orlando, specializing in cosmetic surgery, expanded for a total of 8,500 square feet leased.

For a complete copy of the company’s news release, please contact:


Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142 Lvershelco@aol.com

$7.5 million sale of 88-unit Lauderhill, FL apartment property arranged by marcus & Millichap


Viewmax Apartments, 2011 NW 55th Avenue, Lauderhill, FL

 
Daniel J. Cunningham
LAUDERHILL, FL – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced the sale of Viewmax Apartments, a 88-unit apartment property located in Lauderhill, Florida, according to Ryan Nee, regional manager of the firm’s Fort Lauderdale office. The asset sold for $7,500,000 equating to $85,227 per unit.

“The property has experienced high historical occupancy in large part because of Lauderhill’s infill location, high demographic density, and proximity to West Oakland Park Boulevard and Northwest 19th Street. 

The asset has averaged near 100 percent occupancy over the past several years,” says Daniel J. Cunningham, a vice president investments in Marcus & Millichap’s Fort Lauderdale office.

Cunningham along with Derek R. Gibbs, vice presidents investments, and Evan Richardson, associate, also in Marcus & Millichap’s Fort Lauderdale office, had the exclusive listing to market the property on behalf of the seller, a limited liability company from North Bay Village, Florida.  The buyer was a limited liability company from Plantation, Florida. 

Viewmax Apartments is a mid-rise, four-story, three-building, catwalk-style apartment complex. The property consists of 88 spacious, two-bedroom/two-bathroom units and has two elevators, on-site parking, laundry facilities on each floor and an on-site management office.

Located at 2011 NW 55th Avenue, the community sits on a 2.86-acre lot surrounded by condominiums of like age and composition and several entertainment venues. East of the community is the City of Lauderhill Aquatic Center, Mullin Park, and the Boys and Girls Club of Lauderhill. Immediately west is a Lauderhill Fire-Rescue substation and Royal Palm Elementary School.

For a complete copy of the company’s news release, please contact:

Ryan Nee
Vice President / Regional Manager, Fort Lauderdale
(954) 245-3400


HFF arranges refinancing for waterfront hotel in downtown Charleston, SC


Courtyard Charleston Waterfront Hotel, Downtown Charleston, SC

ORLANDO, FL –– Holliday Fenoglio Fowler, L.P. (HFF) announced it has arranged a refinancing for the Courtyard Charleston Waterfront, a 179-room, Marriott Courtyard-branded hotel located near the historic district in downtown Charleston, South Carolina.

Michael Weinberg
Working on behalf of the borrower, JMH Hotels, HFF placed the seven-year, fixed-rate loan with Prudential Mortgage Capital Company.  Loan proceeds will be used to pay off an existing loan.

Overlooking the Ashley River, the Courtyard Charleston Waterfront features a terrace with water and marina views, outdoor waterfront pool, fire pit, whirlpool, state-of-the-art fitness center, 1,428 square feet of meeting and event space, four wet boat slips and The Ashley River Café, a breakfast restaurant serving American cuisine.

 The five-story hotel’s planned renovations will, among other improvements, convert the existing restaurant to The Bistro, a full-service restaurant with a bar. 

 Situated on 3.8 acres at 35 Lockwood Drive, the hotel is adjacent to the medical campuses of the Medical University of South Carolina, Roper St. Francis Hospital and the VA Hospital. 

The property is also located proximate to the Charleston Historic District and is two blocks from both U.S. Highway 17 and the terminus of Interstate 26.

The HFF debt placement team representing the borrower was led by managing director Michael Weinberg.

For a complete copy of the company’s news release, please contact:

Olivia Hennessey
Public Relations Coordinator
HFF | 9 Greenway Plaza Suite 700 | Houston, Texas 77046
tel 713.852.3403 | fax 713.527.8725 | www.hfflp.com



HFF closes sale of Class A multi-housing community in suburban Houston, TX

  
Woodland Hills, 3918 Atascocita Road, Humble, TX

 
Chris Curry
HOUSTON, TX –– Holliday Fenoglio Fowler, L.P. (HFF) announced it has closed the sale of Woodland Hills, a 282-unit, Class A multi-housing community in the northeast Houston suburb of Humble, Texas.

HFF marketed the property exclusively on behalf of the seller, a joint venture between KKR and Crossbeam Concierge.  Interurban Corporation purchased the asset for an undisclosed amount.

Woodland Hills is located at 3918 Atascocita Road within a 15-minute drive of Generation Park, a deed-restricted, 4000-acre master-planned development that will include the FMC Technologies headquarters campus and the 52-acre Redemption Square corporate lifestyle district.

 Completed in 2009, the property has had an average occupancy above 92 percent during the past two years.  The gated, garden-style community has units averaging 880 square feet each and amenities, including a swimming pool with sundeck, fitness center, clubhouse, lounge and business center.

The HFF investment sales team representing the seller was led by managing director Chris Curry, senior managing directors Todd Stewart and Todd Marix and associate director JC Clemens.

Todd Stewart
“The Woodland Hills sale is indicative of the type of product that is finding success in the Houston market today – Class A and B assets in suburban locations with a low reproduction cost,” said Curry.  

“The interest in Woodland Hills began building immediately, and it went under contract before it was even formally launched to the market, a scenario that was mutually beneficial for all parties involved.”

For a complete copy of the company’s news release, please contact:


Olivia Hennessey
Public Relations Coordinator
HFF | 9 Greenway Plaza Suite 700 | Houston, Texas 77046
tel 713.852.3403 | fax 713.527.8725 | www.hfflp.com



Friday, August 26, 2016

Eric Retzlaff Joins Shopoff Realty Investments as Senior Vice President and National Sales Manager


 
Eric Retzlaff
IRVINE, Calif. –– Shopoff Realty Investments, a national manager of opportunistic and value-add real estate investments, announced Eric Retzlaff has joined the company as senior vice president and national sales manager.

“Eric is a seasoned professional with strong investment management experience that spans more than 30 years and includes a successful track record of sales growth and reputation for integrity,” said William Shopoff, chief executive officer of Shopoff Realty Investments.

 “We are pleased to welcome him to the team at Shopoff Realty Investments, where his extensive background in distribution, marketing, training and management will be a great fit with our efforts to consistently provide the highest level of service and support.”

Over the course of his career, Retzlaff has helped develop and manage direct and indirect investment offerings in real estate, energy, insurance and mutual funds. He has served in a variety of senior management functions, including as chief financial officer, chief compliance officer and chief marketing officer for FINRA member firms.

Prior to joining Shopoff, Retzlaff served as managing director of RightSource Distributors, where he managed and advised emerging sponsors with product design and capital formation.

William Shopoff
 Previously, he was executive vice president and head of securities, sales and distribution with Atel Capital Group, a private equity, real estate and finance group.

Beginning in 2010, Retzlaff was president of the broker-dealer for Lightstone Securities, managing sales, marketing and compliance activities, while representing both publicly offered non-traded real estate investment trusts and private placement real estate offerings.

During his career, Retzlaff has also been a leader with AXA Distributors, Aver Development Corporation, PIMCO Equities and Endeavor Management Company.

He earned a bachelor’s degree from Principia College, and a master’s degree from Claremont Graduate University.

For a complete copy of the company’s news release, please contact:

Jill Swartz
Spotlight Marketing Communications
949.427.5172, ext. 701

NAI Realvest Negotiates $1.3 Million Sale of 132 acres of Lakefront Development Land in St. Cloud, FL

  
George Viele
ORLANDO, Fla. – NAI Realvest recently negotiated the sale of 132.25 acres of   residential development land with frontage on Lake Coon at 6400 Bass Highway in St. Cloud. 

NAI Realvest Associate George Viele negotiated the $1,300,000 sale on behalf of the Orlando-based sellers Margaret B. Vickery Family Limited Partnership.     

Scott Gentry, Inc. of Orlando purchased the land and was represented by Darrell Carter of Maury L. Carter & Associates.

For a complete copy of the company’s news release, please contact:

Beth Payan or Larry Vershel, Larry Vershel Communications, 407-644-4142 or 407-461-3781 Lvershelco@aol.com


NAI Realvest Negotiates Professional Office Leases at Gardens of Ravaudage and Gateway Plaza in Winter Park, FL


Mary Frances West
ORLANDO, FL -- NAI Realvest recently completed two new lease agreements and one renewal totaling more than 7,000 rentable square feet of professional office space in Winter Park.

Mary Frances West, CCIM Vice President at NAI Realvest, negotiated a new lease of 1,240 square feet at The Gardens of Ravaudage, 1035 N. Orlando Ave. representing the landlord. 

  Ear, Nose & Throat Associates of Orlando, PLLC and Principal Dr. Kapil Saigal, who specializes in facial plastic and reconstructive surgery, leased the second-floor office suite.   The tenant was represented by Rick Saigal of La Rosa Realty. 

West along with Tom Kelley, II, CCIM a Principal at NAI Realvest and Associate Chris Adams negotiated a new lease for 3,950 square feet at Gateway Plaza representing the landlord of the building located at 1201 S. Orlando Ave.  

The tenant is Sirote & Permutt PC a Birmingham, AL-based law firm who leased 3,950 square feet for its central Florida offices.  Robert Kellogg of Colliers International represented the tenant.

Also at Gateway Plaza, Kelley and West negotiated a lease renewal agreement with Jones Lang LaSalle Americas, Inc. for the 1,905 rentable square feet they have occupied there for several years. 

For a complete copy of the company’s news release, please contact:

Beth Payan or Larry Vershel, Larry Vershel Communications, 407-644-4142 or 407-461-3781 Lvershelco@aol.com


BLT Enterprises Launches Ground-Up Development of 500-Unit Multifamily Community in Supply-Constrained Napa, CA


Rob Solomon
NAPA, CA (Aug. 26, 2016) –  BLT Enterprises, a multi-faceted real estate investment company, has announced the planned development of Phase I of Vista Tulocay, a 500-unit multifamily community that will fill a deep void in the Napa, California housing market, according to Rob Solomon, Chief Development and Legal Officer for BLT Enterprises.

“Napa is in dire need of new housing options,” says Solomon “The city attracts more than 1,000 new residents each year, while only 200 building permits are approved annually. 

“Based on the growing need for quality housing in the region, we were able to demonstrate the strength of our planned project, as well as the benefits this development will deliver to the City of Napa.”

Vista Tulocay will be situated on a currently vacant 20-acre parcel adjacent to the Napa River and within biking distance to Napa’s vibrant downtown core. The development will occur in two phases: 
 Phase I, which was recently approved by the Napa City Council, will include 282 apartment units on approximately 12.5 acres. BLT Enterprises plans to begin development on this phase immediately.

Rendering of Planned Phase I, Vista Tulocay Residential Development, Napa, CA

Phase II, which is currently being designed and will be presented to the City for approval in the near future, is planned to include between 98 and 218 additional residential units on eight-acres.

            “The entitlement of Phase I is a tremendous milestone that marks the culmination of many years of collaboration between our firm, the Gasser Foundation and the City of Napa,” explains Shawn Guttersen, a Partner at BLT Enterprises who was integral in securing the entitlements for the project. 

“This is a historically strong market that has recently been defined by high rents and extremely low, sub-2 percent vacancy rates,” Guttersen explains.  “Our planned development marks the largest influx of housing in the city in the past five years.

“We are truly committed to serving the housing needs of the Napa community as a whole, and we are eager to begin development of this exceptional project.”

For a complete copy of the company’s news release, please contact:

Devin Ugland/ Lexi Astfalk
Brower, Miller & Cole
(949) 955-7940


Thursday, August 25, 2016

IEC Acquires Value-Add Multifamily Asset in Silicon Valley, CA for $46 Million

  
555 Apartments, formerly Meritage Apartments, Milpitas, CA

Marshall Boyd
Los Altos, CA – Institutional fund manager Interstate Equities Corporation (IEC) has acquired a 137-unit, value-add multifamily property in Milpitas for $46 million.

The property, formerly called Meritage Apartments, will be rebranded to “555 Apartments.” The asset was acquired through IEC Institutional Fund III, L.P., a fully discretionary, $200 million commingled fund that closed earlier this year.

“Despite being net sellers, we have been actively acquiring assets that meet our investment criteria over the past few months, and this acquisition brings our total equity committed to roughly fifteen percent,” says Marshall Boyd, Co-President of IEC, who notes that this translates to an additional $600m of buying power in this fund which will be deployed over the next several years.

“While we continue to expand our multifamily portfolio, we are also taking a selective approach to new acquisitions,” says Boyd. “Our investment strategy is to target unrenovated or partially renovated apartment communities consisting of 20 to 400 units, located in coastal infill markets that are demonstrating steady growth and are resilient to economic pressures.

“By adhering to this thesis, we are able to deliver attractive returns to our limited partners.”

Boyd notes that Milpitas is a prime example of a market in Santa Clara County that is poised for economic growth, adding that technology sector job growth and a new BART station make this a fundamentally durable location for multifamily investments.

Julia Boyd Corso
“Milpitas is a dynamic submarket that is gaining ascendancy in the Bay Area,” explains Boyd. 

“Situated between the East Bay and Silicon Valley, Milpitas is uniquely positioned to cater to the increasing demand for quality housing near major tech employers in both regions.

“The rising employment growth in this market, coupled with the availability of mass transit options linking both Fremont and San Jose will drive resident demand for this asset.”

Julia Boyd Corso, Co-President of IEC, notes that the strength of the market and the asset’s value-add potential resulted in strong competition for this acquisition.

“There were a number of bidders for this asset,” explains Boyd Corso. “As the only discretionary capital, we were able to differentiate ourselves through surety of close. 

"In addition, our familiarity with this market and product type enabled us to emerge as the right buyer.”

Built in 1973, “555 Apartments” will undergo a series of capital improvements as part of IEC’s value-add investment strategy. 

“We can substantially increase rents through operational improvements, rebranding, and management efficiencies,” says Boyd Corso.  “By revitalizing the property, we are improving quality of life for current residents and delivering a product that will attract renters throughout the Bay Area.”


Salvatore Saglimbeni



Salvatore Saglimbeni, Stanford Jones, and Philip Saglimbeni of Institutional Property Advisors, as well as Carlos Azucena of Marcus and Millichap brokered the transaction. 

In addition to the Milpitas asset, IEC has acquired four value-add multifamily properties throughout Northern and Southern California through IEC Institutional Fund III, L.P., bringing the total number of units acquired for this fund to date to 240.


For a complete copy of the company’s news release, please contact:

Katie Kea or Jenn Quader
 Brower, Miller & Cole
 (949) 955-7940


Wednesday, August 24, 2016

HFF closes $24.5 million sale of retail building in Manhattan’s Upper East Side

  
123 East 86th Street, Upper East Side, Manhattan, NY
 NEW YORK, NY –– Holliday Fenoglio Fowler, L.P. (HFF) announced it has closed the $24.5 million sale of 123 East 86th Street, a 7,018-square-foot, single-tenant retail property triple net leased to Citibank in Manhattan’s Upper East Side neighborhood. 

HFF marketed the property on behalf of the seller, a partnership between Madison Capital and a global real estate investment management firm.  

The asset was purchased by a private investor for $24.5 million, representing $3,492 per total square foot.

Completed in 1927 and renovated in 1998, 123 East 86th Street is fully leased to Citibank on a triple-net-lease basis through 2022 at rents significantly below market. 

The building consists of three above-grade levels with an additional 2,234 square feet of lower-level space not included in the rentable square feet.  

Situated on a 3,021-square-foot lot between Lexington and Park Avenues, 123 East 86th Street is in the heart of Manhattan’s Upper East Side.

 The property is located in the 86th Street retail corridor, a prominent upper Manhattan area drawing urban retailers, including Whole Foods, H&M, SoulCycle and Sephora, and adjacent to the 86th Street subway station with its more than 20 million riders annually. 

Rob Rizzi
The HFF investment sales team representing the seller was led by managing directors Rob Rizzi and Jeff Julien, senior managing director Eric Anton and associate director Steven Rutman.  Elad Dror and Tony Park of PD Properties represented the buyer.

“We received a tremendous response from a wide range of private and institutional investors, highlighting New York City’s appeal for high-street properties, as well as the continuing demand for cash flowing retail,” Rizzi said.

For a complete copy of the company’s news release, please contact:

Kristen M. Murphy
Director, Marketing
HFF | One Post Office Square, Suite 3500 | Boston, MA 02109
Main: 617-338-0990 | Direct: 617-848-1572 | Cell: 617-543-4873 | www.hfflp.com


Shopoff Realty Investments Acquires Unique Coastal Huntington Beach, CA Redevelopment Project

  
William Shopoff
 Huntington Beach, CA – Shopoff Realty Investments, a national manager of opportunistic and value-add real estate investments, announced the company has acquired 28.6 acres of land in Huntington Beach, Calif. for redevelopment for $26.5 million. The site is currently home to a former oil storage tank farm and pumping facility.

The property is located at the intersection of Magnolia Street and Banning Avenue and is situated 400 yards from the entrance to the Huntington State Beach on Pacific Coast Highway.

Additionally, the property has coastal and ocean views across the Huntington Beach Channel and the beautifully restored Magnolia and Brookhurst Marshes of the Huntington Beach Wetlands Conservancy.

“We intend to employ our expertise and creative planning to transform this now former oil terminal consisting of three 500,000 barrel tanks (approximately 63 million gallons) into a thriving new mixed-use development featuring a visitor-serving resort and commercial and residential components,” said William Shopoff, chief executive officer of Shopoff Realty Investments.

“The land parcel is in a phenomenal location with close proximity to the Pacific Ocean. Redevelopment of a site like this is a challenge on many fronts, but creates incredible opportunities, making it an ideal project for our unique team of value-add experts.”

John Santry
“We intend to have the oil tanks removed and take additional efforts, if needed, to clean up the site, and provide a development that really enhances the local community,” added John Santry, executive vice president of Shopoff Realty Investments Land Division.“

We believe that the replacement of this large industrial facility with a beautifully designed mixed use development will better serve the community by providing improved aesthetics and services.”


For a complete copy of the company’s news release, please contact:


Jill Swartz
Spotlight Marketing Communications
949.427.5172, ext. 701


Berger Commercial Realty Secures Fort Lauderdale Location for New York Law Firm's First Out-of-State Branch


Judy Dolan
FORT LAUDERDALE, FL  - Berger Commercial Realty Senior Vice President Judy Dolan recently represented Ultimate Fitness, LLC in subleasing 12,990 square-feet of office space to Gacovino, Lake & Associates, PC at Harbor Shops, located at 1815 Cordova Road in Fort Lauderdale.

The space previously served as the headquarters for Orangetheory Fitness, which purchased a new 77,000-square-foot facility in Boca Raton for $14 million. 

Gacovino Lake then leased an additional 4,667 square-feet at Harbor Shops, bringing its total space to 17,657 square-feet. Headquartered in Sayville, N.Y., Gacovino Lake has litigated 20,000 personal injury cases over the last 20 years. Serving clients across the United States, the firm will operate its location at Harbor Shops as its first out-of-state branch.

A 250,000-square-foot regional shopping center, Harbor Shops' tenants include national chains such as Publix, Total Wine, TJ Maxx, LA Fitness, Chase Bank, Massage Envy, Ross, and more.

For a complete copy of the company’s news release, please contact:

954-776-1999
Lexi Robinson, ext. 255, lrobinson@piersongrant.com

Marielle Sologuren, ext. 226, msologuren@piersongrant.com