Skyspace, Las Vegas Ultra Contemporary With Unique Light Art, on the Selling Block for $10.5 Million

Skyspace is composed almost entirely of glass, steel and concrete on 1.5 acres inside a guard-gated community at the base of Red Rock Canyon in Southern Nevada. 

Ron Radziner

Photo Credit:  The Ivan Sher Group
Source:  TopTenRealEstateDeals.com

     Leo Marmol

LAS VEGAS, NV -- Skyspace, an ultra-contemporary home with an immersive art-and-sensory experience, is for sale in Las Vegas at $10.5 million.

Located on the Bear’s Best Las Vegas golf course, an 18-hole collection chosen from the best of Jack Nicklaus’s 270 worldwide course designs, Skyspace was created by the owners in coordination with the architecture firm Marmol Radziner, builder Jack Raftery and artist James Turrell.

Composed almost entirely of glass, steel and concrete on 1.5 acres inside a guard-gated community at the base of Red Rock Canyon, Skyscape has unobstructed panoramic views of the Nicklaus golf course, city lights and surrounding mountains. 

Jack Raftery 

 At 13,000 square feet, the home is one of only two homes designed by Radziner in southern Nevada. 

The home includes four bedroom suites in the main house, a detached one-bedroom guest house, eight baths, and a multitude of amenities including a subterranean half-basketball court, fitness room, office space, movie theater and expansive wine cellar. 

The home’s indoor-outdoor design integrates the desert landscape with bamboo-and-pine trees into the main living spaces and floor-to-ceiling glass walls in nearly every room.

James Turrell

 The unique detached formal dining room appears as if it is suspended over the edge of the property and features three completely glass-enclosed walls.

A Scavolini Italian kitchen is surrounded by large windows and the master suite features a modern bathroom with a centered oversized tub.

The home’s outdoor amenities include a private terrace with a Zen garden, jacuzzi, cold plunge and a courtyard with an outdoor kitchen, surround-sound audio system and a pool that overlooks the golf course. 

Ivan Sher

 There is also a climate-controlled garage hidden from view and walking paths leading to the guest house, dining room, art installation and gardens.

Skyscape’s most unique feature is the home’s lighting display created by Turrell.  According to the listing agent, Ivan Sher of the Ivan Sher Group of Berkshire Hathaway, Las Vegas. “Skyspace is an immersive art-and-sensory experience.

 "It captures the natural light of the rising and setting sun, combines that with a sophisticated pattern of lights inside the structure and creates the illusion through its lighting that you are floating through space. It is a truly transformative experience.” 

Heather Murren

Skyspace’s advanced light-technology program is available for purchase outside of the home sale.

Murren, former Chairman and CEO of MGM Resorts International and his wife, Heather, have listed their Las Vegas estate, Skyspace, for $10.5 million.  

 CONTACT:

Genelle C. Brown
Content Manager, Media Division
TopTenRealEstateDeals.com
Phone:  434-480-4504
Twitter:  @toptenrealestat
facebook.com/toptenrealestat  

Justin Bieber, at 26, Keeps Rolling Along in his Multi-Million Dollar Vacation Bus

  

Rapper Justin Bieber performing in one of his many stage costumes

Photo credit:  Concierge Auctions

Source: www.toptenrealestatedeals.com

YouTube: https://www.youtube.com/watch?v=HCbyKuU6n34&feature=em-uploademail

Beverly Hills, Los Angeles, CA -- Justin Bieber has stayed busy during these coronavirus days releasing a tribute song with Ariana Grande for first responders, but mostly spending time with his wife, Hailey, baking cookies, sharing skin treatments and sightseeing the western U.S. in their multi-million-dollar tour bus.

Ariana Grande 

While driving a tour bus is not the 26-year-old Justin’s usual way to vacation, it worked out well for the newlyweds which included a weekend campout at a Utah National Park, a side trip to visit Kanye West at his Wyoming ranch, and rumors that they may also soon bus-it to Oregon. 

 Kanye West 

Justin is almost as famous for his extravagant vacations, now on hold except for the bus trips, as he is for his long list of hit songs and videos.

Sahara Ray

 Choosing over a decade of the most expensive vacation rentals, Bieber goes all the way with price no object.  His fan-favorite was likely the spectacular Waterfalling Estate in Hawaii where he arrived in 2016 with six bikini-clad models including then-girlfriend Sahara Ray.

Hailey Rhode Baldwin Bieber

Built at the edge of a waterfall dropping from a clifftop into the sea below, those with deep pockets can vacation there just like Bieber for up to $10,000 per night.
 

Taylor Swift

Special concierge services tacked on for helicopter sightseeing and extra pampering will add to the package.  

About the same time Justin was enjoying the Hawaii home, he spent a week at a  celebrity-favored, 17,422-square-foot house in Park City, Utah, that had also been the winter getaway for Taylor Swift, Larry King and Ashton Kutcher. 

Shortly after Justin’s visit, the Park City home went on the market at $15.9 million. 

Larry King 

With more vacations to the beach, mountains, Italy and France, there was Justin and Hailey’s honeymoon house at Toluca Lake in Los Angeles.

The newlyweds rented it for $100,000 a month; the home was later put on the market at $8.5 million. 

Ashton Kutcher

There was also the group vacation when Justin treated his father and family to an oceanfront compound in Barbados at $250,000 a week, and rumors that he just spent $375,000 to reserve a three-week beach home in the Hamptons for later this summer.  

Usher

Born March 1, 1994 in London, Ontario, Canada, the five-foot, nine-inch Bieber came to fame as a YouTube sensation for teenage girls at age 13 in 2007 when a talent scout found his channel by accident and signed him to RBMG Records the next year, according to TopTenRealEstateDeals.com.

The Biebers' newly purchased home in Beverly Hills, CA,
 a traditional-style home on a quiet and unassuming cul-de-sac
 just off of Benedict Canyon.

Rapper and businessman Usher became involved in the development of Justin’s career, which has taken him from Canadian government subsidized housing to a net worth of $285 million in just over 10 years. 

 Having sold more than 150 million records, Justin has won numerous awards including Grammy, American Music, Billboard Music, Latin Grammy, MTV European Music and MTV Video.  

Justin relaxin'

Since his marriage to model Hailey Rhode Baldwin, Justin appears to have found both a life partner and a vacation travel mate. 

Justin just announced the dates for his rescheduled 2020 concert tour which will kickoff on June 2, 2021 in San Diego. 

 In the meantime, Justin will likely be returning to their newly purchased home in Beverly Hills, a traditional-style home on a quiet and unassuming cul-de-sac just off of Benedict Canyon. 

And maybe find time for a few more vacation bus trips.

 CONTACT:

Genelle C. Brown
Content Manager, Media Division
TopTenRealEstateDeals.com
Phone:  434-480-4504
Twitter:  @toptenrealestat
facebook.com/toptenrealestat  

Southern Lodging Summit Conference Postpones Physical Event to Host Southern Lodging Summit Virtual Update

Wayne Tabor

MEMPHIS, TN —Officials of the Southern Lodging Summit (SLS), an annual hotel conference focusing on development and operations throughout the southern United States, announced it will postpone this year’s physical gathering due to the on-going coronavirus pandemic. 

 Instead, the organization will host a “virtual update,” providing pre-recorded sessions to interested parties.

“While there is nothing more we wanted than to host this year’s event in person, Memphis and Shelby County remain in Phase Two of its recovery, meaning we are limited in terms of the number of people who can gather,” said Wayne Tabor, president & CEO, Metropolitan Memphis Hotel & Lodging Association. 

Peabody Hotel, Orlando

 “Our goal is to provide an educational, personal event for hoteliers to come together to meet and share ideas.  That being said, we strongly believe in ‘safety first’ and will not expose anyone to a potential health risk. 

"As a result, we have decided to tape certain sessions and post the material for interested parties.  Even though we can’t bond over ribs at the Rendezvous and southern hospitality at the south’s grand hotel, The Peabody, we still can share knowledge and best practices with one another to help hoteliers find the ‘new normal.’”

The conference will maintain its annual online auction that is scheduled to run from August 10^, 2020 through Aug.28, 2020.  Auction items include travel and food & beverage packages from all over the country. 

 CONTACT:

CHRIS DALY

PRESIDENT

DALY GRAY PUBLIC RELATIONS, INC.

620 Herndon Parkway, Suite 115 | Herndon, VA 20170

Main: 703-435-6293

Mobile: 703-864-5553

chris@dalygray.com | www.dalygray.com

Ware Malcomb Announces Completion of First 5 Center in Vallejo, CA

The new 7,500 square foot Vallejo First 5 Center, located within the Vallejo Plaza Shopping Center, Vallejo, CA

PLEASANTON, CA – Ware Malcomb, an award-winning international design firm, announced construction is complete on the new Vallejo First 5 Center located at 3375 Sonoma Boulevard in Vallejo, Calif.

Ware Malcomb provided interior architecture and design services for the project. 

“The goal of the Vallejo First 5 Center was to create a safe and welcoming environment for the families they serve, while also making it fun and playful for kids,” said Gary Drew, Regional Vice President of Ware Malcomb’s Pleasanton office.

Gary Drew

“It was exciting to design a space that meets all of the First 5 Center’s diverse needs, so that they can in turn meet the needs of local families for many years to come.” 

The new 7,500 square foot Vallejo First 5 Center, located within the Vallejo Plaza Shopping Center, is an innovative hub created to engage low income families in the community and provide a space for children to play, learn and grow.

To find out more about the Vallejo First 5 Center, families can contact the center at (707) 784-1240 or

VallejoFirst5Center@gmail.com.

The General Contractor for the project was Underwood Construction.

For more information, visit waremalcomb.com/news and view Ware Malcomb’s Brand Video at youtube.com/waremalcomb.

CONTACTS:

Rachel Devany

VP Public Relations

 KCOMM for Ware Malcomb

Rachel@kcomm.com 

Maria Rodgers

 Public Relations Manager

 949.660.9128

 mrodgers@waremalcomb.com

Maureen Bissonnette

 Associate Principal Marketing

 949.660.9128

 mbissonnette@waremalcomb.com

waremalcomb.com

$26.6 million loan secured for suburban Minneapolis corporate campus

Optum Campus, a 473,325-square-foot fully leased office campus at 13625 & 13675 Technology Druve in Eden Prairie, MN

AUSTIN, TX – JLL Capital Markets announced it has arranged the $26.6 million acquisition loan for UnitedHealth Group’s Optum Campus, a 473,325-square-foot fully leased office campus at 13625 & 13675 Technology Dr. in Eden Prairie, Minnesota.

JLL worked on behalf of the borrower, Austin-based Virtus Real Estate Capital, to place the 10-year, full-term, fixed-rate loan from a CMBS lender.

Doug Opalka

Completed in 2001, the mid-rise office complex comprises three buildings that are NNN leased to Optum, a UnitedHealth Group family of businesses that is powering modern healthcare by connecting and serving the whole health system across 150 countries.

 The state-of-the-art office campus offers a comprehensive amenity package including a cafeteria, fitness center, covered parking, auditorium, and impressive glass lines.

 Situated less than 20 miles southwest of downtown Minneapolis, the suburban office property is strategically located near the intersection of Interstate 494 and U.S. Highway 212, allowing for ease of access throughout the metro area via multiple interstate and highway systems.

Also, in one of the Twin Cities’ largest suburbs, Optum’s campus is conveniently placed to offer centralized care for the community and is surrounded by an abundance of desirable neighborhoods and renowned education systems.

Chris McColpin 

The JLL Capital Markets team representing the borrower was led by Senior Managing Director Doug Opalka, Senior Director Chris McColpin and Analyst Alastair Barnes.

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

The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment advisory, debt placement, equity placement or a recapitalization. 

The firm has more than 3,700 Capital Markets specialists worldwide with offices in nearly 50 countries.

For more news, videos and research resources on JLL, please visit our newsroom.

About Virtus Real Estate Capital

Virtus Real Estate Capital, founded in 2003, is a hands-on, data-driven, curious investor that delivers compelling outcomes from cycle-resilient investments for all stakeholders.

 Alastair Barnes

Through thoughtful evolution and resilience in challenging times, Virtus has purposefully worked to foster thriving communities that empower people to live better lives.

Over the last 17 years, it has ac­quired 242 properties for a combined acquisition value of over $4.2 billion and has fully realized 179 property investments.

With a strong and established track record, Virtus has proven successful in all phases of the market cycle. For more information, please visit virtusre.com.

CONTACTS:

Natalie Passarelli

 JLL Senior Associate

 Public Relations

Phone: +1 (224) 477-7307

Email: Natalie.passarelli@am.jll.com

 jll.com.

Lincoln Property Co. Names Thomas B. Grandoff New Director of Brokerage Services In Tampa Bay, FL

Thomas B. Grandoff 

TAMPA BAY, FL -- Lincoln Property Company Southeast, (LPC) a full service commercial real estate firm based in Orlando , which recently re-opened to start expansion again in Tampa Bay has hired Thomas B. Grandoff as Director of Brokerage Services at their downtown St. Petersburg office.  

Jon Slater, Senior Vice President of Brokerage Services in the Tampa Bay region said Grandoff has more than seven years of industry experience as a Broker-Associate with both JLL and KW Commercial.    

Jon Slater

“He will focus on occupier and landlord representation and will broaden Lincoln Property’s footprint here by bringing in new third-party landlord leasing and management assignments,” Slater said.  

Grandoff, who holds a Bachelor of Science degree from Auburn University ’s College of Business , also has more than four years of experience in logistics and supply chain management in Tampa .  

“Thomas has a well-rounded background with exposure to a wide range of businesses and he will play a significant role in our growth in Tampa Bay ,” said Scott Stahley Executive Vice President of LPC.

Scott Stahley 

About Lincoln PropertySoutheast

Lincoln Property Southeast is a commercial real estate firm offering a comprehensive suite of value-added services for clients.  

With a substantial local presence and history in the Southeast region, the company is ideally situated to provide superior service, which comes from striving to understand the goals and challenges of tenants, investors, lenders and owners of commercial real estate.  

 

CONTACTS:

Jon Slater, Senior VP, Brokerage Services, LPC, jslater@lpc.com 

813-505-3612

Scott Stahley, Executive Vice President, LPC,

407-872-3500 sstahley@lpc.com

Beth Payan, Larry Vershel Communications Inc. Beth@LarryVershel.com 

407-644-4142

Lee & Associates' Peter Braus Honored for Retail Deal of the Year in New York

  

 Peter Braus

NEW YORK, NY – Lee & Associates, a leader in commercial real estate services throughout North America, announces that Peter Braus, Managing Principal of Lee & Associates NYC and member of the Board of Directors, was named the Real Estate Board of New York's Most Significant Retail Deal of the Year award winner for his work with City Winery Pier 57 earlier this evening.  

City Winery Pier 57

“This was the most complex project of my twenty-plus years as a broker; manifold negotiations and a visionary entrepreneur resulted in this unique deal," said Braus. 

 "Businesses like City Winery will be vital to New York’s recovery and return to its pre-COVID status as the world’s greatest city. To receive the Retail Deal of the Year is a tremendous honor and I'm very grateful,”

The Retail Deal of the Year award recognizes those who demonstrate exceptional ingenuity and creativity throughout New York, as well as those deals whose overall characteristics exemplified its importance to the NYC Retail Market.

 Michael Dorf

City Winery executed a 25-year lease to relocate its flagship location from Hudson Square, where the company began, to a 31,229-square-foot space at Pier 57. 

“Peter really did what a good broker is supposed to do,"  said Michael Dorf, City Winery Founder and CEO.

"He represented me, fought for what was important, and was in my corner, every step of the way. I don’t think there’s another broker who could have done this," 

CONTACT:

Pamela Murphy
Lee & Associates
(832) 315-0219
pmurphy@lee-associates.com