Erik Powell Promoted to Vice President of Stevens-Leinweber Construction

 

Erik Powell

PHOENIX, AZ – Following several years of exponential growth, Phoenix-based Stevens-Leinweber Construction (SLC) has promoted Erik Powell to Vice President, establishing him as part of the company’s executive leadership team, with continued responsibility for SLC’s rapidly expanding ground-up construction division.

 

SLC hired Powell in 2017 as Director of Construction to establish and launch its ground-up construction arm.

 

 Since that time, the company has completed or is now under construction on more than 5.5 million square feet of ground-up speculative and build-to-suit office and industrial space, as well as industrial tenant improvement projects.

Jamie Godwin

“Our ground-up success is a direct result of Erik’s skill as a contractor, team leader and project executive who clients trust to deliver the best product, every time,” said SLC President and CEO Jamie Godwin.

 

“We’re grateful to have Erik on our team at a time when the Valley is booming with economic and development potential. We know he will help us to make the most of these opportunities and continue to strengthen our 40-year reputation as a trusted market leader.”

 

Across his 22-year career, Powell has completed more than $700 million of new construction, accounting for more than 10 million square feet of award-winning commercial space in Arizona.

 

CONTACT:

 

Stacey Hershauer

stacey@focusaz.com

480.600.0195

 

New Castle Names Nicolas Messian to Lead Algonquin Resort

 

Algonquin Resort in St. Andrews by the Sea, New Brunswick, Canada

RIDGEFIELD, CT, April 12, 2021—Guido Kerpel, COO of New Castle Hotels and Resorts, a leading hotel owner, operator and developer, announced that Nicolas Messian has been named general manager of the landmark Algonquin Resort in St. Andrews by the Sea, New Brunswick, Canada. 

Previously, Messian was the hotel manager at the renowned Emirates Palace operated by Mandarin Oriental in Abu Dhabi.

Nicolas Messian

Messian brings to the Algonquin more than 20 years’ experience operating luxury, destination hotels in Europe, the Middle East, Asia, the United States and the Caribbean, including the Ritz Carlton Toronto, London’s famed Dorchester Hotel and the One and Only Royal Mirage in Dubai.

“Nicolas has a tremendous ability to engage a staff and hone the finer points of a storied hotel to create unique and lasting experiences for visitors,” said Kerpel. 

Guido Kerpel

 “He’s worked his magic the world over and I am confident that The Algonquin, with its unique place in the hearts of visitors and the history of this region will benefit from his global perspective and hospitality know-how.”  

  "I’ve always been attracted to hotels with great DNA and a strong sense of place and the Algonquin is exactly that,” said Messian. 

 "It is a Canadian icon that everyone is extremely proud of.  Our job is to keep writing its story, to make its history relevant today and tomorrow by doing what is unexpected; surprising guests with extra touches that let them know they are appreciated.

Emirates Palace, operated by Mandarin Oriental in Abu Dhabi. 

"We have incredible tools; a beautiful hotel, good restaurants; indoor and outdoor pools and a freshly designed, award-winning golf course that’s been recognized by Golf Digest as one of Canada’s best.  Most importantly, we have the ingenuity and desire to help guests continue to make lasting memories here.”

                   Earlier in his career, Messian led hotel and food and beverage teams at Soneva Fushi by Six Senses in the Maldives, Four Seasons Resorts in Paris and Austin Texas, and others including Disneyworld and Disneyland, Paris. 

 

Messian earned a BS in Hospitality Management from Ecole Hoteliere de Lausanne in Switzerland and a Master of Revenue Management certificate from Cornell University. 

 

 

CONTACT:

Lauralee Dobbins

WriteTouchPR

856-979-8929

Aker, Baxter, and Pearlmark secure bridge financing for a Hudson Valley Apartment Portfolio in NY

Part of Hudson Valley, New York housing portfolio

Christopher Peck

NEW YORK, NY -- JLL Capital Markets has arranged acquisition and construction financing for a 540-unit multi-housing portfolio consisting of four properties located throughout Hudson Valley.

 JLL worked on behalf of Aker, Baxter, and Pearlmark to secure the acquisition and construction loan through Ready Capital.  

The initial loan funding was $65,675,000 plus an additional $12,975,000 of future funding.

 The JLL Capital Markets team representing the borrower was led by Senior Managing Director Christopher Peck; Managing Directors Scott Aiese and Rob Hinckley; Senior Director Marko Kazanjian; Vice Presidents Alex Staikos and Nicco Lupo and Analyst Andrew Cohen. 

 Scott Aiese

Located in the center of the Hudson Valley, the multi-housing portfolio comprises of four properties in and around Kingston, NY.  

“The sponsorship team is from the Hudson Valley and they are working directly with the community to bring back quality workforce housing to the area,” said Kazanjian.   

 “The portfolio provides housing for the expanding economy as a result of a multi-year migration to the Hudson Valley that is now being accelerated by COVID-19,” said Aiese. 

“Current market dynamics have deepened rental demand throughout the Hudson Valley, and these properties have enormous appeal to those seeking alternatives to New York City that offer high-end amenities and a dynamic community of restaurants and retail.”

Marko Kazanjian

 

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 sales 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.

Alex Staikos

About JLL

JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. 

JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities. 

 Nicco Lupo 

JLL is a Fortune 500 company with annual revenue of $16.6 billion, operations in over 80 countries and a global workforce of more than 91,000 as of December 31, 2020. 

JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.

 

About AKER

Aker is a collective of operators investing in cities that bridge urban living with the outdoors. Aker prioritizes responsible development and community involvement. 

Since 2020, the Aker team has invested over $150M across approximately 700 apartment homes and new development. For more information, please visit https://www.akercompanies.com

Contacts: 

Natalie Passarelli
Public Relations

Jones Lang LaSalle Americas, Inc.

200 E. Randolph St.
Chicago, IL 60601

M +1 224 477 7307

natalie.passarelli@am.jll.com

us.jll.com/investorservices

George Shea, Rachel Tate

Company: Shea Communications

Phone: +1 212 627 5766

Email: rachel@sheacommunications.com

George Oliver Secures Next Experiential Office Transformation: Hayden Station in Downtown Tempe, AZ

 

Hayden Station in Downtown Tempe, AZ
 spans 107,508 square feet, including one five-story
office building and four two-story mixed-use buildings
 that are home to office, retail and restaurant space.

 PHOENIX, AZ – Phoenix-based developer George Oliver has announced plans for its next Arizona experiential office transformation: the five-building Hayden Station mixed-use office campus, located on the southwest corner of Mill Avenue and Third Street in the heart of downtown Tempe.

 Built in 1986, Hayden Station has served as a downtown Tempe landmark for more than three decades. It spans 107,508 square feet, including one five-story office building and four two-story mixed-use buildings that are home to office, retail and restaurant space.

The five-story tower offers views of downtown Tempe, Tempe Town Lake and Hayden Butte.

Curt Kremer

 “From a live-work-play perspective, this location is our most exciting infill, campus-style repositioning strategy to date,” said George Oliver Founder and Managing Partner Curt Kremer.

 “It has everything in place – great existing structures, dynamic employee and tenant demographics, and a strong mixed-use character – to deliver one of the best George Oliver concepts in the country.”

 With an approximate $14 million capital improvement budget, George Oliver will upgrade Hayden Station to an unmatched experiential office class that incorporates retail and restaurant space, and establishes flexible, open concept interiors with the high-touch design that its users have grown accustomed to.

Steve Lindley

George Oliver purchased the Hayden Station property in an off market transaction. The acquisition totals all five Hayden Station buildings, with an attractive 4.2/1,000 parking ratio. 

Steve Lindley, Cushman & Wakefield Executive Director, represented the property seller in the transaction.

Scott Boardman

 “This is a notable transaction for the market – completed in one of the tightest, most sought-after office locations in the country, with office rents approaching $50 per-square-foot, continued tenant demand and a low 8.1 percent office vacancy,” said Lindley.

“This off-market deal is a testament to George Oliver’s reputation and their ability to add exponential new value and energy to one of downtown Tempe’s longstanding mixed-use destinations.”

The design and architecture for Hayden Station is being led by George Oliver Design. Scott Boardman and Dave Carder of Cushman & Wakefield will serve as the project’s exclusive leasing brokers.

 

Dave Carder

Hayden Station is part of a growing local portfolio of notable George Oliver projects including CASA in Phoenix’s Uptown neighborhood, The Alexander and The Johnathan in downtown Chandler, and Lofts at The District in North Scottsdale.

  CONTACT:

Stacey Hershauer

480.600.0195

stacey@focusaz.com

www.georgeoliver.com.

NAIOP South Florida Selects 2021 Awards of Excellence Finalists

 Jules R. Morgan

 

  FORT LAUDERDALE, FL –NAIOP South Florida, the Commercial Real Estate Development Association, has announced the Awards of Excellence finalists for 2021 and confirmed Thursday, May 20 for the 42nd Awards of Excellence reception and dinner at the Fort Lauderdale Marriott Harbor Beach Resort & Spa, 3030 Holiday Dr.  

 

The annual celebration, which acknowledges excellence throughout the South Florida commercial real estate (CRE) industry, will be held outdoors with limited capacity from 5:30 to 9 p.m.  

 

"The pandemic has presented many unanticipated challenges for our industry and beyond. The industry has also witnessed incredible business opportunities, and that commercial real estate can pivot here in South Florida," said NAIOP South Florida Executive Director Jules R. Morgan.

Stephanie Rodriguez

"We can't wait to unify our community in celebration this year as we look forward to honoring those accomplishments of our members."   

 "There were so many exceptional nominations to review this year, even in a global pandemic. It has been wonderful to witness so many of our industry peers continuing to thrive in their professional endeavors despite the many challenges we have all faced," noted Stephanie Rodriguez, 2020 NAIOP South Florida Immediate Past President and this year's Awards of Excellence chair, and regional senior vice president, Duke Realty.

Michael Oretsky

 
"This year was about resilience and perseverance, and the CRE industry has done a tremendous job exemplifying these values. Congratulations to all of our distinguished finalists on a job well done."  

 The 2021 Awards of Excellence categories and finalists are: 

 

Sale of the Year 

 

Institutional 

·         Bayview Corporate Tower, Cushman & Wakefield 

·         Easton & Associates’ $15.5M Sale of Palm Beach County Warehouse, Cushman & Wakefield 

·         Elion Partners Acquisition of Former Rexall Sundown Warehouse, Cushman & Wakefield 

 

Private 

Industrial 

×        19th Avenue Business Park, Marcus & Millichap 

×        Bang Energy Portfolio Sale, CBRE, Inc., Helms Development & Core5 

×        DemeTech USA, State Street Realty 

×        Invincible Boats, CBRE, Inc. 

Alex VanDresser 

 Office 

o        3700 Lakeside Drive, Butters Realty & Management 

o        Golden Bear Plaza, MHCommercial Real Estate Fund 

o        Miramar Tech Center, Cushman & Wakefield 

 

Industrial Lease Transaction of the Year 

·         First Cypress Commerce Park, Colliers International 

·         Lowe's Home Centers, LLC, CBRE 

·         Miami 27 lease to Intcomex, Colliers International 

 

Office Lease Transaction of the Year 

·         Morgan Stanley, JLL 

·         Starboard Cruise Services, Cushman & Wakefield 

·         TradeStation Lease extension at Crossroads Office Park, Avison Young 

 

Rookie of the Year 

×        Michael Oretsky (CBRE) 

×        Alex VanDresser of Cushman & Wakefield 

 

Broker of the Year 

×        Douglas Mandel of Marcus & Millichap 

×        Jaime Sturgis of Native Realty 

×        George Pino of State Street Realty 

 

Broker Team of the Year 

 

Industrial 

×        CBRE team of L. L. Dinner, L. Genet, T. O'Loughlin, M. Oretsky, J. Zebede 

×        Cushman & Wakefield team of M. Etner, R. Etner, U. Kauhi, M. McAllister, C. Metzger,
J. Miller, C. Thomson, A. VanDresser  

×        State Street Realty team of C. Cabielles, J. Gonzalez, E. Lyden, G. Pino, F. Trelles 

  River Landing Shops & Residences, Miami, FL

 

Investment 

×        CBRE’s South Florida Institutional Capital Markets Team of A. Chilgren, A. Julian, C. Lee, J. Lobon, M. Minaya, T. Rappa, R. Rose 

×        Cushman & Wakefield Capital Markets Team of M. Alcivar, M. Ciadella, J. Hochman,
G. Miller, D. Montazemi, S. O’Donnell  

 

Office 

×        Avison Young’s Landlord Agency Team, Ft. Lauderdale of L. Blumer, J. Cope, G. Martin 

×        Blanca Commercial Real Estate Tenant Rep Team of R. Carballo, C. Harak, D. Linares,
J. Martin 

×        The Dream Team at Butters Realty & Management of S. Butters, C. Fleischer,
D. Lunsford, M. McDonough 

 

Costex Corporation Headquarters, Miami, FL

Retail 

×        JLL Miami Retail Team of K. Fernandez-Espinosa, A. Kaye, L. Koniver, R. Romero,
Z. Winkler 

 

Economic Impact Deal of the Year 

×        Miami Central Commons, Foundry Commercial 

×        Pursuit Boats, Economic Development Council of St. Lucie County 

×        River Landing Shops & Residences, Urban-X Group 

 

Project of the Year 

×        Costex Corporation Headquarters, Link Construction Group 

×        Port Everglades International Logistics Center, Avison Young & CenterPoint Properties 

×        River Landing Shops & Residences, Urban-X Group 

×        The Main Las Olas, Stiles 

Fort Lauderdale Marriott Harbor Beach Resort & Spa,

Developer of the Year 

·         Bridge Development Partners 

·         Butters Construction & Development 

·         Stiles 

·         Urban-X Group 

 

Tickets for the Awards of Excellence are $175 for NAIOP members and $225 for non-members. Sponsorship opportunities are also available.

 

 To attend, visit naiopsfl.org/events. For more information, please visit naiopsfl.org, email naiop.info@naiopsfl.org or call 

954-990-5116. 

 

 CONTACT:

 Samantha Van Nuys

O: 954.776.1999  ext. 115 |C: 954.648.9132

6451 North Federal Highway, Suite 1200 |Fort Lauderdale, Florida 33308
More than 100 partner agencies in markets worldwide

naiop.org. 

  naiopsfl.org.