M/I Homes Opens Decorated Model at Rivington in DeBary, FL

Prices start at $439,990 at this decorated
Newport model at 832 Terrapin Drive
in the Rivington community, DeBary, FL

 

DeBary, FL --  M/I Homes’ ­­­Newport model is open and ready to welcome prospective homebuyers at Rivington, the unique new 296-acre master-planned community off of Fort Florida Road, west of U.S. 17-92 and a quarter mile from the DeBary SunRail station. 

The two-story Newport has over 3,600 square feet of living area, and the flexible floor plan can create an even greater sense of space, according to David Byrnes, M/I Homes’ area president.

Rivington, a 296-acre master-planned community
off Fort Florida Road, west of U.S. 17-92
and a quarter mile from the DeBary SunRail station

The standard plan offers four bedrooms, and three baths and a three-car garage.  Special features include dual owners' suites, pool and large loft and upstairs laundry room.  Pricing for this model starts at $439,990.

Byrnes said M/I Homes plans to build a minimum of 75 homes in Rivington, 40 of which will be in phase one.

Floor plans there will range from 1,857 to over 3,600 square feet for homes with up to six bedrooms and up to three-car garages. Prices start in the mid $300,000s.

DeBary SunRail station

M/I Homes offers a 15-year transferable structural warranty on its six distinct one- and two-story floor plans at Rivington.

They also offer personalization of each home with assistance from one of the company’s knowledgeable interior designers. 

Byrnes said the concept of neighborhoods within the community essentially provides more amenities for homeowners, including a pavilion with a clubhouse and resort-style pool that recently broke ground and is slated for completion this fall.

Lake Konomac 

 Rivington’s lots have been planned for shared green spaces, walkability, as well as back alleyways for rear garage entries, which is something rare in the DeBary area, he added. 

The Newport model is located at 832 Terrapin Drive, DeBary, FL 32713.

Buffered by the St. John’s River to the West and Konomac Lake to the north, the quiet community is only minutes to Interstate 4 and State Road 417 for easy access to Lake Mary and Sanford employment centers.

 

CONTACT:

David Byrnes, Area President, M/I Homes

407-531-5100

Beth Payan, Larry Vershel Communications

407-644-4142 or beth@larryvershel.com

 www.mihomes.com. 

 

Alliant National Hires Bob Grohol as Assistant Vice President and State Manager of Ohio, Pennsylvania and Michigan

 

Bob Grohol 

Longmont, CO– (May 27, 2021) – Alliant National Title Insurance Company, a unique title insurance underwriter that partners with independent agents to improve their competitive position, announces the hiring of Bob Grohol to the position of Assistant Vice President (AVP) and State Manager of Ohio, Pennsylvania and Michigan.

During this work, Grohol became involved with many land, title, legal, underwriter, county recorder and register of deed associations across 20 states, gaining a comprehensive understanding of the industry in the process. 

One such association is the Ohio Land Title Association (OLTA), where Grohol served as Chair of the OLTA’s Technology Committee for several years. He also authored several articles for OLTA’s Title Topics publication, as well as other association publications.

Grohol’s past experiences will serve him well at Alliant National, where he will be

responsible for signing, developing, marketing and managing Alliant National’s policy issuing agents, as well as helping them achieve strong business growth.

Manoj Purohit

“I’m very excited to join Alliant National and contribute my experience and knowledge to its mission,” said Grohol. “The team at Alliant National is second to none, and I am looking forward to working alongside every one of them.”

"Bob brings decades of experience to Alliant National, and he will be an incredible asset in supporting and growing our network of independent agents," said Manoj Purohit, Senior Vice President, Central-West Regional Manager.

 "I've personally known him for years, and I continue to be impressed with his passion and knowledge of our industry. Bob will undoubtedly serve as a valuable resource for our agents and our company as we navigate the unique landscape ahead."

 CONTACT:

Cathie Beck
303.241.0805
cathie@capitalcitypr.com

 alliantnational.com 

 

Seasoned Property Manager Alex Jones Joins Native Management

  

Alex Jones

FORT LAUDERDALE, FL –– Native Management, the property management company led by Native Realty Founder and CEO Jaime Sturgis, added industry veteran Alex Jones as Senior Property Manager. Jones has more than a decade of property management experience at prominent firms.

 A native of St. Louis who relocated to South Florida 10 years ago, Jones excels at providing superior customer service and implementing and developing new management strategies for employees and property management firms. He is versed in redevelopments, lease-ups, property takeovers and renovations.

Jaime Sturgis

Prior to joining Native Management, Jones held various positions with Equity Residential, Mill Creek Residential Trust and RKW Residential.

 “Alex is a dynamic and dedicated property management professional,” Sturgis said. “His vast experience and knowledge are pivotal to the continued growth of our management company. We are thrilled to welcome Alex to the Native family.”

Native Realty is headquartered at 719 NE Second Ave. in Flagler Village.

 

CONTACT:

Eric Kalis

Vice President

 BoardroomPR

ekalis@boardroompr.com

O 954-370-8999 

C 305-794-5123

Bank of America Plaza | 1776 N Pine Island Road

Suite 320 | Fort Lauderdale, FL 33322

Web | Facebook | LinkedIn | Twitter | Instagram

www.nativerealty.com. 

nativerealty.com/manage.

 

Philadelphia investor acquires light industrial park in Dallas, TX

Pauli Kerr

DALLAS, TX,  May 27, 2021 – JLL Capital Markets announced today that it has closed the sale of Stoneridge Business Park, a three-building light industrial park totaling 171,025 square feet in Dallas, Texas. 

 JLL marketed the property on behalf of the seller, MoxieBridge. Arden Group acquired the asset.

Stephen Bailey

Stoneridge Business Park comprises the buildings at 2550 Beckleymeade Ave., and 9050 and 9110 Autobahn Dr. within the thriving, infill South Dallas Industrial submarket.

The park is located just off of Interstate 20 with immediate access to Interstate 35E, State Highway 67 and Interstate 45, providing direct connectivity to the metro’s primary transportation arteries and excellent access to a large highly skilled labor pool.

 Constructed in 1987, Stoneridge Business Park features clear heights ranging from 18 to 20 feet, 24 dock-high doors, seven drive-in doors, 58% office finish and ample parking. The park is 83.3% leased to 15 tenants.

Dustin Volz

The JLL Industrial Capital Markets team that represented the seller was led by Managing Director Stephen Bailey, Senior Managing Director Dustin Volz, Associate Adam Roossien and Analyst Pauli Kerr.

 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. 

Adam Roossien
 

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 MoxieBridge

MoxieBridge invests primarily through the acquisition of industrial and other commercial real estate assets. The company’s disciplined and efficient process of sourcing, evaluating and executing each investment both drives investor returns and creates better places for the communities it serves.

 Stoneridge Business Park, a three-building,
light industrial facility in Dallas, TX

CONTACT:

Kimberly Steele

PR, Capital Markets,

 Agency Leasing and Valuation Advisory 

JLL

T +1 713 852 3420

M +1 832 244 9994

JLL.com

ardengroup.com.

Ware Malcomb Promotes Kim Von Der Ahe-Arial to Director of Building Measurement Services

Kim Von Der Ahe-Arial 

LOS ANGELES, CA – Ware Malcomb, an award-winning international design firm, today announced that Kim Von Der Ahe-Arial has been promoted to Director, Building Measurement Services.

 In this new role she will be responsible for the national growth of Ware Malcomb’s building measurement services throughout the company.

Since joining the firm in 2018, Arial has focused on expanding the firm’s building measurement services across North America.

 She has secured numerous regional and national clients to expand these services into new markets. Her team works with landlords, asset management firms, property managers and brokers to deliver accurate floor plans with quick turnaround times. 

Radwan Madani

“Kim has incredible dedication and is highly admired by her team, Ware Malcomb peers and industry partners,” said Radwan Madani, Vice President, Operations for Ware Malcomb.

“Her tenacity and commitment to client service has enabled her to secure key clients in several of our company’s regions.” 

She is an active member of the International Council of Shopping Centers (ICSC) and holds a Bachelor of Arts degree in Communications from University of Southern California. 

CONTACT:

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

 http://www.waremalcomb.com/news and view Ware

Malcomb’s Brand Video at youtube.com/waremalcomb.

 

Law firm and wealth management firm sign leases at Class A office property in Newport Beach, CA

 

Monica Enes 

 

 NEWPORT BEACH, CA – JLL, the leasing manager at 5000 Birch, a two-building, 308,567 square foot, Class A office property in Newport Beach, California, announced it has secured a new lease with law firm North & Nash LLP for 2,332 square feet of office space. 

Joe Bevan

The new lease represents the relocation of the firm’s headquarters in Irvine, California. Additionally, JLL signed Clarity Capital Partners to a lease renewal for 4,610 square feet of space for its headquarters. 

The two lease signings come just weeks after Pour Vida Latin Flavor restaurant signed a 2,940-square-foot lease on the ground floor of the property.

Landlord, Manulife Investment Management recently announced construction has begun on a new fitness center and other capital improvements including new common corridors and spec suites coming in 2021.  

Wade Clark

JLL’s Joe Bevan, Wade Clark and Monica Enes oversee office leasing at 5000 Birch.  North & Nash LLP was represented by David Marino of Hughes Marino with Clarity Capital Partners being represented by Brad Schmitt of Savills.

5000 Birch can accommodate a wide range of requirements from 2,000 square feet to 86,000 square feet of contiguous space with signage available. 

“As we begin to return to normal, we are seeing companies being ready to make real estate decisions,” said Enes, JLL Managing Director.

David Marino

“5000 Birch provides the perfect opportunity for a growing company to occupy and create an identity in a premier area of Southern California.”

5000 Birch is ideally located in Orange County’s Airport Submarket, just minutes from the I-405, CA-73 and SR-55 freeways, providing convenient access to neighboring communities.

 It features a modernized outdoor plaza and abundant parking in an amenity rich area.

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.”

Houston, TX seniors housing community sold; $21.3 million financing arranged

  

Allison Holland

HOUSTON, TX – JLL Capital Markets announced it closed the sale and arranged a $21.3 million financing for The Shores at Clear Lake, a 100-unit senior living community in Houston, Texas.

 JLL worked on behalf of the seller, Meridian Realty Advisors, to complete the sale to the buyer, Chicago Pacific Founders.

JLL also represented the buyer to secure the 10-year, floating-rate loan through Freddie Mac. The loan will be serviced by JLL Real Estate Capital, LLC, a Freddie Mac Optigo℠ lender.

Charles (Charley) Bissell

The JLL Capital Markets team representing the seller was led by Managing Director Charley Bissell and Senior Managing Director Brian Carlton. Financing was led by Managing Director Allison Holland.

“The Shores at Clear Lake garnered significant interest from investors due to the quality of the location and physical plant, and the strong performance of the property even during the COVID-19 pandemic,” said Bissell.

 Holland adds, “This transaction is a prime example of the power of the JLL platform as our debt team worked alongside the investment advisory team to deliver highly favorable outcomes to the seller and buyer.”

 Sitting on almost eight acres and totaling nearly 90,000 square feet, The Shores at Clear Lake offers 66 assisted living and 34 memory care units.

Brian Carlton

The assisted living units feature studio, one- and two-bedroom units with kitchenettes; and the memory care units include a mix of shared and private units.

The Shores at Clear Lake also features community amenities, including a lounge, outdoor patio, courtyard, multiple dining areas and a movie theater; and memory care services, such as music, art and pet therapy, support groups, and family education.

The community opened in late 2018 and had reached 92% occupancy by September of 2020.

 Located in southeast Houston, the property is expected to continue benefiting from the growing 75+ population within the primary market area.

The Shores at Clear Lake offers 66 assisted living
 and 34 memory care units.

  

The property is situated adjacent to Clear Lake, a waterfront community, and NASA’s 1,700-acre Johnson Space Center.

The Shores at Clear Lake is also near key healthcare facilities, including the Houston Methodist Clear Lake Hospital, Houston Physicians Hospital and HCA Houston HealthCare Clear Lake.

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

 

CONTACT:

Natalie Passarelli
PR, Americas

JLL

M +1 224 477 7307

JLL.com

www.cpfounders.com

KBS Sells 629,189-SFClass A Office Complex in Iselin, NJ for $88 Million

 ISELIN, NJ – KBS, one of the largest investors in premier commercial real estate in the nation, announced the sale of Woodbridge Corporate Plaza, a six-building Class A office complex in Iselin, New Jersey.

Maria Betancourt

The property was sold to Ramapo, New York based Northeast Capital Group for $88 million.  Newmark, a global commercial real estate services firm, directed the sale on behalf of KBS.

Newmark’s Executive Managing Director Kevin Welsh, Managing Director Brian Schulz, Associate Jason Emrani, and Transaction Manager Maria Betancourt, along with support from Jamie Drummond, served as KBS’ exclusive advisors and representatives for the sale of Woodbridge Corporate Plaza.

Kevin P. Welsh

 

Attorneys Bruce Fischer, Howard Chu and paralegal, Amanda Kennedy, of global law firm Greenberg Traurig, LLP’s Orange County office, together with attorney Steven Fleissig in Greenberg’s New Jersey office,  represented KBS as legal counsel in the disposition.

 “Woodbridge Corporate Plaza has seen close to a half million square feet of leasing velocity since January 2017,” says Welsh.

 “The property is 90% leased to a diverse base of 64 tenants with investment-grade anchors, providing stable cash flow and staggered rollover.

Brian Schulz

"Moreover, this asset offers Northeast Capital Group a secure income stream with strong cash-on-cash returns at an attractive basis.

 "The property’s dynamic location and market-leading leasing velocity make it a rare investment opportunity in the area.”

  “The New Jersey office market is home to a diverse roster of Fortune 500 companies and tenants who are drawn to a highly accessible, regional location,” says Marc DeLuca, Eastern regional president for KBS.

Jason Emrani

“Woodbridge Corporate Plaza is defined by its proximity to the intersections of I-95, I-278 and Route 1 with exceptional mass transit connectivity via Amtrak, New Jersey Transit and the Metropark Station.”

 The property provides a host of sought-after amenities, including a new 6,000 square-foot fitness center, a full-service café and caterer, on-site management office and shuttle service to the Metropark transit hub, according Stephen Close, asset manager for Woodbridge Corporate Plaza and senior vice president of KBS.

 

Jamie Drummond

“Northeast Capital Group recognized an extraordinary opportunity to acquire one of Metropark’s most desirable office parks,” says Close.

 “The renovations KBS completed at this property make this well-located asset even more attractive to existing and prospective tenants. This business park is an excellent addition to the buyer’s portfolio.”

 The sale represents investors’ robust appetite for top-quality office properties in prime locations throughout the country despite the COVID-19 pandemic, DeLuca notes.

 

Marc DeLuca

“The office market is poised for recovery as we move out of this health and economic crisis,” says DeLuca. 

“We’ve heard from numerous tenants that they are eager to return to the workplace after many months of working remotely. 

"During the shutdown, productivity has begun to dip as people have grown weary of working from home. 

"Companies and their teams are looking forward to coming back to the office safely where they can do their best collaborative and creative work. 

Stephen Close

"Properties like Woodbridge Corporate Plaza represent the type of superior-quality, well-amenitized space these firms are seeking as they navigate their way back to the office.”

KBS originally purchased the 629,189 square-foot business park in 2005, completing a multimillion-dollar renovation that included construction of all new corridors and restrooms, upgrading of flooring and lighting, installation of new entrance doors and new signage opportunities for tenants.

Amanda Kennedy

 “We enjoyed representing KBS in the successful disposition of Woodbridge Corporate Plaza,” said Fischer, Greenberg Traurig’s Chair of the West Coast Real Estate Practice and Co-Managing Shareholder of the Orange County Office, who led the Greenberg Traurig team.

 Woodbridge Corporate Plaza is located at 485 US-1, Iselin, NJ 08830.

 CONTACT:

Katie Haga 

khaga@brower-group.com

www.kbs.com.

 nmrk.com or follow @newmark.