JLL Capital Markets arranges sale of the two-building, 271,294-SF Class A industrial distribution center in Rex, GA

 

Britton Burdette

ATLANTA, GA –  JLL Capital Markets announced today that it arranged the sale of two recently completed, Class A industrial buildings totaling 271,294 square feet in Rex, Georgia. The price was not disclosed.

 JLL represented the seller, InLight Real Estate Partners, in the sale of the property to EverWest Real Estate Investors, LLC.

The JLL Capital Markets team representing the seller was led by Senior Managing Directors Britton Burdette, Dennis Mitchell and Matt Wirth, Directors Mitchell Townsend and Jim Freeman and the JLL Industrial Brokerage team of Executive Managing Director Stephen Bridges and Senior Associate Kimani Mustafa.

Dennis Mitchell 

The two newly constructed, Class A distribution facilities were built in 2023 and sold as a vacant forward opportunity at the time of sale.

 Key features include 32-foot clear heights, rear-load configuration, 72 dock-high doors, four drive-in doors and 316 parking spaces.

Located at 9485 Hgwy 42 North, the two state-of-the-art industrial buildings have frontage along Hgwy 42 and are just 18 miles from Atlanta.

Matt Wirth

The properties are situated on a 21.1-acre lot and are less than one mile from I-675, providing ideal access to I-75, I-285 and the Hartfield-Jackson International Airport.

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 and advisory, debt advisory, equity advisory or a recapitalization.

Mitchell Townsend 

The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.

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

 

 

CONTACT:

 

Alli Semans

Public Relations, Associate

Phone: +1 330 329 6750

Email: Alli.Semans@jll.com

 

JLL Capital Markets closes sale of the 221,054-square-foot Promenade at Carolina Reserve retail center in Indian Land, SC

 Rikky Goswami 

 ATLANTA, GA, June 26, 2023 – JLL Capital Markets announced today that it has closed the sale of Promenade at Carolina Reserve, a 221,054-square-foot, super-regional retail center located in the Charlotte, North Carolina MSA in Indian Land, South Carolina. The price was not disclosed.

 JLL worked on behalf of the seller, Bandera Ventures.

The JLL Capital Markets Investment Sales Advisory team that represented the seller is led by Senior Managing Director Jim Hamilton, Managing Director Brad Buchanan, Senior Director Tom Kolarczyk and Associate Andrew Kahn.

 

 

Jim Hamilton

The buyer was represented by Rikky Goswami with Insight Property Group. Insight Property Group is a privately owned commercial real estate firm based in Raleigh, North Carolina focused on assisting clients in the greater Triangle region.

 

Built in 2018, the 100-percent-occupied Promenade at Carolina Reserve is anchored by TJ Maxx, Burlington, Ross, Hobby Lobby, HomeGoods, Ulta, Petco and Dollar Tree and is shadow-anchored by ALDI.

 

Brad Buchanan

100% of GLA is represented by a national or regional tenant, and the property features a Weighted Average Term Remaining of 6.7 years. The property receives approximately 2.3 million annual visitors.

 Situated at U.S. 521 at Jim Wilson Rd., the center is located just 20 miles to downtown Charlotte. It benefits from proximity to the Ballantyne and Rock Hill employment hubs, which include four million square feet of Class A office space.

Tom Kolarczyk

Within a five-mile radius of the property is a population of almost 70,000 and an average household income of almost $150,000.

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 and sales advisory, debt advisory, equity advisory or a recapitalization. 

Andrew Kahn

The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.

 

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

 

 

CONTACT: 

 

Jenna Sharp

JLL, Public Relations

Dallas, TX

M +1 214 394 3356

Jenna.Sharp@jll.com    

Eastwind Development Bolsters Growing Team with Addition of New Vice President Omar del Rio

Omar del Rio

 PALM BEACH GARDENS, FL, June 26, 2023 – Eastwind Development, a premier multifamily development company with a proven track record across South and Central Florida, announces the arrival of Omar del Rio as Vice President of Acquisitions and Development.

He is based in Eastwind’s Palm Beach Gardens corporate headquarters and will contribute significantly to the company’s growth plans throughout South Florida.

 

“We are thrilled to welcome Omar del Rio to the Eastwind team,” Eastwind President Jack Weir said. “His extensive experience, outstanding achievements and deep understanding of the multifamily industry make him an invaluable asset to our company.

John (Jack) Weir

"Omar’s leadership and expertise undoubtedly will contribute to Eastwind’s continued growth and success as we pursue new multifamily and mixed-use developments throughout South Florida.”

 

Prior to joining Eastwind, del Rio was Senior Vice President at Quarterra – the former Lennar Multifamily Communities, where he developed notable multifamily communities in Wynwood, Doral and downtown Sarasota. He was integral in the entire life cycle of Quarterra’s developments.

 

Del Rio previously served in various roles with prominent multifamily developers Fairfield Residential, Gables Residential and Waypoint Residential.

 

Del Rio earned Bachelor’s and Master’s degrees in Architecture from Tulane University, a Master’s degree in Architecture and Urban Design from Harvard University and a Master’s degree in Real Estate Development from Massachusetts Institute of Technology (MIT).

  

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.eastwinddevelopment.com.

 

Central Florida Real Estate Entrepreneur John Crossman Recognized for Volunteer Efforts at CFCAR’s Annual Hallmark Awards

 

John Crossman

ORLANDO, FL ---   The Central Florida Commercial Association of Realtors® (CFCAR)  held its annual Hallmark Awards event recently at The Monroe in downtown Orlando’s Creative Village to recognize the best of the best for 2022 in the Commercial Real Estate industry. 

CrossMarc Services CEO John Crossman, CCIM, CRX, received the Volunteer of the Year Award  presented by CFCAR President Dan Lyonnais.  

 The award – one of only two CFCAR “Special Recognition awards,” – was presented to Crossman for his tireless efforts to educate, mentor and promote commercial real estate careers to students and young professionals, and for championing talent diversity in the industry.

“Some of the Central Florida’s most dedicated and productive commercial real estate pros were recognized for their achievements and I am honored to be among the honorees especially because this award is due to my lifelong passion,” Crossman said.

Dan Lyonnais

Throughout his commercial real estate career, Crossman has been passionate about inspiring the next generation and providing exposure and opportunities for diverse students to pursue careers in commercial real estate.

CFCAR, which represents the ten-county area of Alachua, Brevard, Flagler, Lake, Marion, Osceola, Orange, Seminole, Sumter and Volusia, is the premier organization focused on all commercial real estate.

CONTACTS:

John Crossman, 

 President

 CrossMarc Services and Crossman Career Builders,

407-794-9393

 jcrossman@crossmarcservices.com.

Beth Payan

 Larry Vershel Communications Inc.,

 407-461-3781

 beth@larryvershel.com.

 

 

 

PEBB Enterprises Announces Three New Hires

Amanda Warner

 BOCA RATON, FL -- PEBB Enterprises, the South Florida-based full-service private real estate investment company, bolstered its team with the addition of Chief Accounting Officer Thomas Chan, Director of Operations Amanda Warner and Director of Asset Management Bret Fischer. The trio brings extensive experience and a strong track record to the company.

Thomas Chan

Chan becomes the company’s first Chief Accounting Officer. In this new role at PEBB, he reports directly to Chief Financial Officer, Daniel Haines. They previously worked together at real estate investment trust Equity One.

Prior to joining PEBB, Chan was Senior Director of Real Estate Finance and Accounting at Icahn Enterprises. Chan earned his bachelor’s and master’s degrees from Florida Atlantic University.

Warner has more than 15 years of real estate experience. At PEBB, she oversees all aspects of the company’s operations and property management processes.

Bret Fischer

Before arriving at PEBB, Warner was Director of Operations at Janoura Realty & Management, Inc. She also had property management responsibilities at Stiles and Detroit-based RSM Development & Management and REDICO.

She earned a bachelor's degree from the University of Michigan and a master's degree from Boston University.

Fischer most recently served as Vice President of Asset Management at Rialto Capital Management.  

Prior to that, Fischer was with Ram Realty Advisors as Regional Director of Asset Management, Westport Capital Partners as Assistant Vice President of Investments, and Clarion Partners as Senior Associate of Asset Management.

Daniel Haines

A graduate of the University of California Los Angeles, Fischer also earned a master’s degree (MBA) from the University of Southern California’s Marshall School of Business.

“Thomas, Amanda and Bret are tremendous additions to the PEBB family,” PEBB Enterprises President and CEO Ian Weiner said.

“Each will enhance critical departments for our company and help us execute our plan for continued growth.”

Over the last year, PEBB has shown remarkable growth, adding valuable team members across all company departments.

New additions include Bradley Burgeson as an Analyst, Misti Gray as Senior Property Manager, Jeanine Schwager as Senior Property Accountant, Laura Giardi as Senior Property Manager and Louis Traficante as AP & Operations Specialist.

###

 

 

CONTACTS:

 

Eric Kalis or

Daniel Benjamin

954-370-8999

ekalis@boardroompr.com

dbenjamin@boardroompr.com

 

 https://pebbenterprises.com/ 

 

Tobacco & Vape Store Opens in Southwest Volusia, Florida – Hold-Thyssen closes five-year lease at Enterprise Plaza in Orange City

 

Darby Hold

ORANGE CITY, FL  --- Hold-Thyssen, Inc., a full-service commercial property firm based in Winter Park, recently negotiated a new five-year retail lease at Enterprise Plaza, 2499 Enterprise Rd. in Orange City. 

 Hold-Thyssen Senior Director Darby Hold negotiated the lease of the 1,054 square foot retail space on behalf of the landlord Florida Premier-Enterprise, LLC, based in Fraser, Michigan. The new tenant, Deltona Tobacco & Vape, Inc., was not represented in the transaction.

Deltona Tobacco & Vape, Enterprise Plaza, 
2499 Enterprise Road, Orange City, FL

Hold said Deltona Tobacco & Vape offers the full range of tobacco, e-cig and vape products.    Other major tenants at the Enterprise Plaza include Sherwin Williams, Firehouse Subs and Arby’s.     The retail center is currently 100 percent leased.

 

Hold-Thyssen, Inc. provides commercial property brokerage and leasing and management services to institutional and private investor clients nationwide.  The 40-year old firm’s current portfolio includes more than 100 commercial properties throughout the United States.

  

CONTACTS:

           

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

407-691-0505

 afisher@HoldThyssen.com

 

Robert P. Hold, Principal, Hold-Thyssen, Inc.

 407-691-0505

bhold@HoldThyssen.com

 

Beth Payan, Larry Vershel Communications Inc.

407-644-4142

 Lvershelco@aol.com.