Saturday, September 11, 2021

RMK Management Corp. Awarded Property Management of 10 N. Main Luxury Apartments in Downtown Mount Prospect, IL

Anthony Rossi Sr.
 

CHICAGO, IL — RMK Management Corp., one of the Midwest’s largest market-rate apartment management firms, has been selected by First Equity Group LLC to oversee property management for 10 N. Main, a new five-story, 97-unit luxury apartment building in downtown Mount Prospect, Ill..

 

Located at 10 N. Main St., the community welcomed its first residents earlier this year.

 

“We’ve been managing apartments across the Chicagoland area for more than 40 years, so we know exactly what matters to renters in this suburban market and are thrilled to add 10 N. Main to our management portfolio,” said Anthony Rossi Sr., chairman of Chicago-based RMK Management.


10 N. Main, a new five-story, 97-unit
luxury apartment building in
downtown Mount Prospect, IL


 “Over the past few years, there has been an increasing demand for luxury rental in the suburbs, which was only exacerbated by the pandemic.

 

"And until just this past year, Mount Prospect hadn’t seen a new, Class A rental option for decades.

 

“10 N. Main is the right building, at the right time and in the right location. It’s a great option for renters looking for more living space as well as access to the outdoors – whether it’s a private balcony or terrace or the building’s shared rooftop amenity space.”

 

Located in downtown Mount Prospect, 10 N. Main has a “walk score” of 72, and is a book-lovers dream, as residents are across the street from the Mount Prospect Public Library. 





10 N. Main offers studio, one-bedroom, two-bedroom, and three-bedroom apartments, with one to two baths, measuring 598 to 1,353 square feet, although only one-and two-bedroom apartments are currently available.

 

Rents for one-bedroom apartments range from $1,815 to $1,843 per month, and rents for two-bedroom apartments range from $2,320 to $2,396 per month, inclusive of all specials.

 

 

CONTACTS:

 

 Kathryn Kjarsgaard

 kkjarsgaard@taylorjohnson.com

 (312) 267-4514

 

Kim Manning

 kmanning@taylorjohnson.com

 (312) 267-4527

10northmainapartments.com.

JLL Capital Markets closes $30 million sale of TownCenter Park in Wilsonville, OR to Canadian REIT

Carrie Kahn 
 

 PORTLAND, OR – JLL Capital Markets has closed the $30 million sale of TownCenter Park, a 111-unit, 1990-built, garden-style multi-housing community in Wilsonville, Oregon.

 

JLL marketed the property on behalf of the seller, Curtis Capital Group, and completed the sale to RISE Properties Trust.


Ira Virden
TownCenter Park comprises one-, two- and three-bedroom units ranging from 802 to 1,350 square feet.

 

The seller completed significant exterior improvements during their five-year ownership including new siding, roofs and windows.

 

Interior renovations to 40 units included upgrading vinyl plank flooring and carpet, stainless steel appliances, laminate countertops, white shaker cabinetry and hardware, upgraded lighting, new decks and two-inch faux wood blinds.


The property is located at 29250 Southwest Parkway Ct. in Wilsonville, a suburban neighborhood along the banks of the Willamette River.


Frank Solorzano
TownCenter Park is situated along Interstate 5, offering a 30-minute commute to both Salem and downtown Portland, the state’s two largest economic hubs with over 350,000 jobs combined.

 

Additionally, the community is 1.5 miles from the WES Commuter light rail station, which runs north along Interstate 5, connecting Wilsonville with other public transit lines such as MAX light rail in Beaverton.

 

The JLL Capital Markets Investment Sales Advisory team representing the seller was led by Senior Managing Director Ira Virden, Senior Director Carrie Kahn and Associate Frank Solorzano.

 

“The combination of a proven value-add program, lack of new multi-housing development within Wilsonville and the extensive capital improvements completed by the seller make TownCenter Park a strong addition to RISE Properties Trust’s portfolio,” Kahn said.


TownCenter Park, 111 units, Wilsonville, OR


“Our team was thrilled to represent Curtis Capital Group on this transaction, which was one of the first value-add opportunities marketed in the Portland MSA in early 2021.”

 

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

 

CONTACT:

 

Kimberly Steele

JLL Manager

 Public Relations

Phone: +1 713 852 3420

Email:  Kimberly.Steele@am.jll.com

 

jll.com

KAI Build Hires Director of Project Management Gyasi Haynes

 

Gyasi Haynes

 St. Louis, MO -- KAI Build is excited to announce the hiring of Gyasi Haynes as its new Director of Project Management at its St. Louis office.  

 With more than 20 years working in the industry starting as a Journeyman, Haynes has become a client-focused and innovative leader with extensive experience in logistics, procurement and quality assurance.

 

As Project Director for KAI Build, Haynes will strategically prioritize, plan, coordinate and drive projects to ensure on-time, budget-compliant completion.


Michael Kennedy, Jr. 

“Gyasi is a problem solver with strong interpersonal skills. He is also extremely proficient at identifying cost-effective strategies to promote significant savings on a project, without compromising quality, schedule or safety," said KAI CEO Michael Kennedy, Jr.  "We are excited to have him as part of our team.”

 

Prior to KAI, Haynes was Principal Owner of Haynes Living Construction where he developed and grew his contracting consulting firm offering project consulting and design/construction management services to commercial and residential customers.

  CONTACT:

 Jennifer Beidle

314-607-9459

jennifer@jbeidlepr.com

www.kai-db.com.

 

Mariner Wealth Advisors Acquires The Pinnacle Group, adding over $600 million in assets under management

 Marty Bicknell
 

 Overland Park, KS -- Mariner Wealth Advisors, a national wealth advisory firm headquartered in Kansas City, has entered into a binding agreement to acquire Cincinnati-based RIA, The Pinnacle Group, in a deal that closes Sept. 24, 2021.

 This is Mariner Wealth Advisors’ fifth acquisition since the sale of a minority stake in the company to Leonard Green & Partners in April. The firm currently has 395 advisors across 53 offices, and this will be its second office in the Cincinnati metropolitan area.

“We’re thrilled to welcome such a talented group of individuals to the Mariner Wealth Advisors family while being able to expand our presence in Cincinnati,” said Marty Bicknell, CEO and president of Mariner Wealth Advisors.

 “The Pinnacle Group’s approach to financial planning, including their retirement planning solutions for businesses, fold into our services and firm goals seamlessly. I’m excited to see what we can accomplish together.”

J. Scott Sims

The Pinnacle Group, with more than $600 million in assets under management (AUM), has built a trusted reputation with its clients since its founding in 1994.

With a significant stake of its AUM in retirement plans, this deal will contribute to the further growth of Mariner Wealth Advisors’ own retirement plan solutions, a platform designed to aid businesses in managing their employer-sponsored retirement plans for employees.

“This is an incredible opportunity for The Pinnacle Group to continue our legacy of helping clients build a successful financial future and provide an attractive career path that offers new opportunities for growth and development to our team,” said J. Scott Sims, president and founder of The Pinnacle Group.

  CONTACT:

Christian DeFazio

mariner@hotpaperlantern.com

https://www.marinerwealthadvisors.com/

 

Friday, September 10, 2021

Project Management Advisors and Swinerton Celebrate Groundbreaking for Life Sciences Research and Lab Facility for Healthpeak Properties in San Diego, CA

Melissa Plaskonos
 

 SAN DIEGO, CA — Project Management Advisors, Inc. (PMA) and Swinerton recently celebrated the groundbreaking for Sorrento Gateway at 4930 Directors Place, a research and laboratory facility for Healthpeak Properties, a national healthcare REIT.

The project consists of a ground-up 163,000-square-foot, 5-story warm-shell building; a 14,000-square-foot tenant improvement of lobby, restrooms, storage and training; and 90,000 square feet of basement parking. It is anticipated to be delivered in December 2022.

 The facility will also be amenities rich, continuing a trend in the life sciences development space. The site will include separate buildings for a fully equipped fitness center and an indoor/outdoor café, as well as beautifully landscaped outdoor event and meeting spaces.

 Mike Berryhill

Amidst unprecedented demand for life sciences research and production facilities, Healthpeak has continued to turn to PMA and Swinerton for project management and general contractor services, respectively, for its projects throughout the San Diego area.

 PMA and Swinerton are collaborating with architect Delawie on this project. The groundbreaking ceremony, held on August 31, included leaders from Healthpeak, PMA, Swinerton and Delawie.

 “As project managers, our job starts well before the official groundbreaking, including early and ongoing collaboration with designers and contractors, navigation through the city entitlements and permitting process, and providing a host of advisory services to owners,” said Melissa Plaskonos, Vice President of PMA.

Sorrento Gateway at 4930 Directors Place,
a research and laboratory facility
 for Healthpeak Properties,
a national healthcare REIT.

“We are excited to publicly launch construction on Sorrento Gateway and to deepen our longstanding relationship with Healthpeak.”

 “We are very proud to team with PMA and Heathpeak Properties once again for another state-of-the-art development in the Bio-Life Science marketplace,” said Mike Berryhill, Division Manager, Swinerton.

“This project has a dynamic design by Delawie that will really benefit the overall success of the project. Our Swinerton team is excited to break ground and get started.”

 

 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.”

 pmainc.com.

 https://swinerton.com/


POP-UP GO Brings Experiential Retail Opportunities to 'The GLASS HOUSE' at Shape Properties' The Amazing Brentwood in Burnaby, Vancouver, Canada; Digital native and expanding brands now have access to this iconic location starting October 15

Helen Rego
 

 TORONTO, ONTARIO, CANADA and BURNABY, BRITISH COLUMBIA, CANADA  – pop-up go, a trusted turnkey solution for landlords and short-term space seekers, is pleased to announce its partnership with Shape Properties to secure unique retail concepts for their new pop-up program 'The Glass House' at the newly- redeveloped mixed-use project The Amazing Brentwood in Burnaby, Metro Vancouver.

 Available as of Friday, October 15, 2021, the project offers approximately 5,000 sq. ft. over two levels of dedicated pop-up space– ideal for brand activations, launches, events, and more.

 Pop-ups have been a critical factor in emulsifying this trend and show no sign of slowing down anytime soon.

The Vancouver market is full of opportunities,"
 says Helen Rego

“The Vancouver market is full of opportunities to showcase new and emerging brands, but there isn’t anything quite like The Amazing Brentwood,” said Helen Rego, Leasing Manager, Shape Properties.

 “Connected to the city’s SkyTrain via Brentwood Town Centre Station, the project combines living, entertainment and shopping in a 28-acre central destination; housing world-class retailers such as Nike, Sephora, H&M and more – offering the modern shopper a quintessential shopping experience.”

 Linda Farha


pop-up go’s Founder and Chief Connector, Linda Farha, said, “We stay dedicated to creating immersive moments by bringing digital-native brands and expanding brands to life in a brick-and-mortar setting.

 "Whether you want to host an art exhibition, showcase a new brand or launch a product or service into the Vancouver market, this is an ideal opportunity for experiential marketing and brand activation events.

 "With our focus on strategy and design, alongside the beautiful location of 'The Glass House' in The Amazing Brentwood, this opportunity is sure to help brands capitalize on the upcoming holiday season.”

 CONTACT:

pop-up go

1-866-440-4034

media@popupgo.com


Thursday, September 9, 2021

Global Risk and Compliance Executive Peter Reynolds Joins Treliant as Senior Advisor

 Peter Reynolds 

 Washington, DC -- Peter Reynolds has joined Treliant as Senior Advisor.

 He is a seasoned financial services executive with expertise across risk, compliance, and crisis management in global banking and FinTech operations.

 “Peter is a preeminent risk and compliance expert who has wide and deep experience as a regulator, senior compliance executive, and trusted advisor to financial services CEOs,” says Treliant Senior Managing Director Grace Brasington.

 

Grace Brasington

 “His extensive global accomplishments give him unparalleled insight into some of our clients’ most complex challenges.”

 

Peter’s 30-year career has included roles as bank regulator, C-suite executive at Fortune 100 financial services companies, and advisor at Big 4 accounting firms.

 

“Banks and FinTechs need to align business strategy with the range of risks they face today in a global environment of constant change and disruption,” says Peter. 


“I look forward to helping our clients achieve those alignments and drive organizational behavior toward stellar outcomes.”

  

CONTACT:

Treliant, LLC

Melissa Pazornik

+1 202-249-7932

mpazornik@treliant.com

Company Website

https://www.treliant.com

 

Wednesday, September 8, 2021

T-Mobile Bucks Short-Term Lease Trend on 78,336-SF Denver Office Commitment

Krystal Arceneaux

 DENVER, CO – Marking one of the larger long-term Denver office market leases completed during the pandemic, EverWest Real Estate Investors and Independencia Asset Management have signed a 78,336-square-foot, 10-year lease with T-Mobile at its Broadway Station office asset, located just south of downtown Denver.

Doug Wulf 

Under the lease, T-Mobile will expand into two full floors at The Offices at Broadway Station. The company previously occupied approximately 30,000 square feet at the building.

“We have been working throughout the pandemic to complete this expansion,” said EverWest Executive Vice President and Head of Asset Management, Krystal Arceneaux. 

“T-Mobile’s commitment provides a clear path to long-term stabilization for Broadway Station and is an exceptional location for T-Mobile to consolidate and create efficiency at a single address.”

Dan Miller

The Offices Broadway Station totals 318,053 square feet in two buildings. T-Mobile will lease two full floors at the 990 S. Broadway building, situated along I-25 in Denver’s Washington Park West neighborhood. 

Features at the office project include interstate visibility and signage, remodeled lobbies, an exterior plaza, a four-level parking structure, unobstructed mountain and Washington Park views, and immediate proximity to light rail.

Doug Wulf and Dan Miller of Cushman and Wakefield represented EverWest in the lease negotiations. Steve Billigmeier, also of Cushman and Wakefield, represented T-Mobile.

Steve Billigmeier




The Offices at Broadway Station is part of EverWest’s larger Colorado portfolio, which totals more than 2.3 million square feet of office and industrial space, and 304 multifamily units.

The Broadway Station asset is currently 86 percent leased to tenants including T-Mobile, Intellishift US, OrthoFi Inc. and the National Multiple Sclerosis Society. It has approximately 45,600 square feet available for lease in a range of suite sizes and configurations.





CONTACT:

Stacey Hershauer

focusAZ 

P 480.600.0195

www.focusaz.com

http://www.everwest.com/

or http://www.gwlra.com/



Hold-Thyssen Brokers $1.35 Million Sale of Two Acres in Altamonte Spring’s Cranes Roost Development

Martin Forster
 

 ORLANDO, FL --- Hold-Thyssen, Inc., a full service commercial real estate firm based in Winter Park , recently arranged the $1,350,000 sale of 1.96 acres at 291 E. Altamonte Drive within the Crane’s Roost planned development in Altamonte Springs .

 Hold-Thyssen’s Martin Forster, CCIM, brokered the transaction representing the Los Angeles-based seller, RP Altamonte III, LLC and the buyer, Cranes Roost, LLC of Orlando . 

 The property, described as Lot 2 of the Altamonte East Unit One Replat, PB 74 P 38,  is contiguous to a parcel the buyer already owned, according to Forster.  

 

       Lot 2, Craine's Roost development Altamonte Springs, FL

  “This was an excellent opportunity for the owner of Lot 5 of Crane’s Roost to acquire the adjoining Lot 2, resulting in an assemblage that provides a broader range of development opportunities and a higher value for the conjoined properties,” Forster said.

 Hold-Thyssen provides commercial property brokerage and leasing and management services to institutional and private investor clients nationwide. 

 The 40-year old firm’s current management portfolio includes more than 100 commercial properties throughout the United States.

 

CONTACTS:

 

Martin Forster, Senior Broker Associate, Hold Thyssen, Inc.,

321-299-4164, mforster@HoldThyssen.com

 

Anthony Fisher, Vice President, Hold-Thyssen Real Estate Services,

 407-691-0505, afisher@HoldThyssen.com

 

Beth Payan, Larry Vershel Communications Inc.

 407-644-4142 or 407-461-3781 

beth@larryvershel.com