CrossMarc Services Brokers Third Restaurant Lease for Fazoli’s

Brian K. Watson

 KISSIMMEE, FL --  CrossMarc Services, LLC,  based in Winter Park and one of the Southeast’s fastest growing commercial real estate firms, recently completed a long-term lease agreement at 5015 W Irlo Bronson Memorial Highway in Kissimmee for another Fazoli’s planned for opening in Q4 of this year.  

 Brian K. Watson, CCIM, Vice President of Sales and Leasing at CrossMarc Services, brokered the lease of the former Arby’s Restaurant, a  2,802 square foot free-standing building on a 0.69-acre site representing the tenant, Keys Restaurants, Inc.  The landlord, The Louis P. Thomas III Family Limited Partnership of Palmetto, FL, was not represented in the transaction.

Brady Keys, III

Keys Restaurants, a developer of Fazoli’s fast casual Italian restaurants was established in 2021 to bring the fast, fresh, Italian restaurants back into Central Florida.

 

The location – US 192 between SR 535 and SR 417 – is in close proximity or within minutes from Walt Disney World, Celebration, Star Island Resort, and big box stores like Wal-Mart Super Center. More than 13,000 households are within a 10 minute drive.

 

The Kissimmee location is the third one for Keys Restaurants owners Rodney and Brady Keys, III. Keys’ first location, in Plant City, 238 W. Alexander Street opened in early 2022.

 

Keys Restaurants opened their second location in Orlando’s Baldwin Park neighborhood at 4201 E Colonial Drive in late September 2023.

Rodney Keys

Brian Watson was the exclusive broker and tenant’s site selection representative for all three locations.

                                                              

CONTACTS:

 

Brian K. Watson, CCIM, MBA

Vice President of Sales and Leasing,

CrossMarc Services, LLC

 407-794-9393

 or bwatson@crossmarcservices.com

 

John Crossman, CCIM, CRX,

President

CrossMarc Services, LLC, 

1011 N. Wymore Rd. Winter Park, FL 32789 -

 407-794-9393

or jcrossman@crossmarcservices.com

 

Max Benjamin Partners secures $16.5 million loan for constructing a multifamily property in San Diego, CA

Rendering of planned 70-unit multifamily community
 located at in the Hillcrest neighborhood
of San Diego, CA

  

 SAN DIEGO, CA - Max Benjamin Partners (MBP), a boutique real estate advisory firm that provides innovative capital solutions to developers and investors, announced it has secured a $16.5 million loan for the construction of 10th & Robinson, a 70-unit multifamily community located at in the Hillcrest neighborhood of San Diego, California. 

Jason Moyal 

 Jason Moyal and Max B. Mellman of Max Benjamin Partners secured the loan for the investor.

 

“Despite the challenging lending climate, we were able to secure a non-recourse construction loan from a local Southern California lender and close in just 29 days,” said Moyal. 

 

10th and Robinson is nestled in a quiet residential area just minutes from retail and dining.  Combined with its sister building, it will have abundant amenities including a pool, co-working space, gym, and high-end finishes. 

Max B. Mellman

About Max Benjamin Partners

 

Based in Beverly Hills, California, Max Benjamin Partners provides commercial real estate financing, placing debt and equity nationwide across all asset classes including multifamily, office, retail, hospitality industrial and self-storage. 

 

 The firm incorporates extensive capital markets knowledge to complete any type of real estate transaction, regardless of complexity or size. 

 

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.”

 www.mbpartners.com

 

Warby Parker, J.Crew Factory, among the seven new tenants coming to The Orchard Town Center in Westminster, CO area

Kate Heckman

 Westminster, CO -- The Orchard Town Center (OTC), located off of I-25 and 144^th Ave in Westminster, leased and managed by Vestar, announced a new wave of upscale tenants are set to open in the coming months.

 Warby Parker, J.Crew Factory, PF Changs, Rally House, Cozy Coffee Co., Activate and ZAGG will add to the dynamic roster of existing retailers at The Orchard Town Center. With more than 52,000 square feet of new shopping and dining options, The Orchard Town Center is well over 90% leased, marking a significant milestone in its growth and development.

 

Already home to Target, Nordstrom Rack, Sephora, Lululemon and beloved local favorites like Whimsy Paint and Sip and Windfall Brewing Co., the addition of these new tenants not only enhances the center's diverse offerings but also underscores its commitment to providing an exceptional shopping experience for Westminster and its neighboring communities.

 

 Construction and preparations are underway at several of these new locations, including Colorado’s own Cozy Coffee Co. and the nationally recognized J.Crew Factory. More information about each business is below.

"We're delighted to see continued growth at The Orchard Town Center,” said Kate Heckman, Marketing Director of The Orchard Town Center.

 

“Outdoor lifestyle centers lead the retail asset class and we’re certainly seeing that with the increased foot traffic and leasing momentum. Our current tenants are thriving, demonstrating the center's reputation as the go-to lifestyle destination in the area.

 

"The impressive mix of local and national businesses that have chosen to call the Center home further highlights its appeal. We look forward to further supporting Westminster economy and community as more renowned businesses join our line-up.”

 

 

CONTACT:

 

Carli Richards

Communications Director

2415 E. Camelback Rd #100

Phoenix, AZ 85016
Phone1: (602) 866-0900

crichards@vestar.com

 

www.theorchardtowncenter.com.

www.vestar.com

JLL arranges $44.5 million sale of two California Bay Area industrial assets

 

Melinda Marino

SAN FRANCISCO, CA – JLL Capital Markets has successfully closed the sale of two industrial assets in the Bay Area, California for a total of $44.5 million. The properties, located at 75 & 89 South

Kelly Road in American Canyon, have a combined size of 266,729 square feet and are fully leased.

Ryan Sitov

 

JLL represented the confidential seller and procured the buyer, Pac West Equities and affiliate of Buzz Oates.

The JLL Industrial Capital Markets team was led by Managing Director Ryan Sitov and Director Melinda Marino. Additionally, the transaction was executed in collaboration with JLL’s North Bay leasing team, including Senior Managing Directors Glen Dowling, Matt Bracco and Chris Neeb.

 

“75 & 89 South Kelly Road presented an attractive mark-to-market opportunity to acquire assets in one of the top-performing industrial markets in the country,” said Sitov. “This transaction highlights the continued strength and attractiveness of the Bay Area industrial market."

 

Glen Dowling

These two high-quality triple net leased (NNN) industrial warehouses are situated on 12.85 acres, spanning across two parcels. The building features include 25 to 30-foot clear heights, concrete tilt-up construction, ESFR sprinklers, ample auto parking and a combined 24 dock-high doors and four grade-level doors. 

89 S Kelly Road is 100% master leased to Dynacraft, BSC Inc – the largest privately held distributer of wheeled goods. 75 S. Kelly Road is subleased to Valley Wine Warehouse, a local Napa third-party logistics provider.

 

Matt Bracco 

75 & 89 S Kelly Road are situated along the CA-29 in Napa County, located in one of the top performing industrial markets in the country. The property is within 75 miles of the four major population centers in Northern California, which contain nearly 12 million residents collectively and yield the highest GDP per capita in the country.

 

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. 

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

Chris Neeb

For more news, videos, and research resources, please visit JLL’s newsroom.

 

Jones Lang LaSalle Americas, Inc. ("JLL") is a real estate broker licensed with the California Department of Real Estate, license #01223413.

 

CONTACT:

 

Grace Lewis

PR, Capital Markets

JLL

2401 Cedar Springs Rd.

Dallas, Texas 75201

M +1 903 520 3478

JLL.com

 

Native Realty Obtains 357,000-Square Foot Industrial Portfolio Assignment in Florida's Central Broward County

FORT LAUDERDALE, FL –– Native Realty, the pioneering Fort Lauderdale-based real estate firm led by Jaime Sturgis, was hired to exclusively lease a large-scale industrial portfolio in Central Broward County. The firm’s

Adam Docktor 

Adam Docktor is overseeing leasing at Elevate Broward, an 11-building business park with 357,000 square feet across 20 acres.

 

Located at 3451 NW 19th St. in Lauderdale Lakes, Elevate Broward is an ideal last-mile option for logistics, transportation, construction firms, e-commerce, distribution tenants and more. The business park is near I-95, Florida’s Turnpike and U.S. 441. Existing tenants run the gamut from small to mid-sized and national companies.

 

Elevate Broward underwent a seven-figure exterior beautification program earlier this year. Individual small-bay spaces range from 1,870 to 20,000 square feet to accommodate different user requirements. Interior features include 18-foot ceiling heights, 12x14 grade level doors, on-site property management and maintenance, three-phase power in select units and natural light from Northwest 19th Street frontage.

 

“Native Realty is uniquely suited to successfully lease an industrial portfolio like Elevate Broward,” Sturgis said. “We are tapping into our relationships with business owners of all sizes and from all walks of life to generate interest in the available warehouses. Elevate Broward offers a diverse range of small-bay warehouses in a large business park setting, which is uncommon in the South Florida market.”

 

Contact:

 

Eric Kalis

Senior Vice President

ekalis@boardroompr.com

C 305-794-5123

O 954-370-8999

Web | Facebook | Instagram | LinkedIn

 

elevatebroward.co.

www.nativerealty.com.

 

 

Hospitality Industry Marketing & Sales Veteran Wendy Hoekwater Launches Net Growth Marketing Firm

 

Wendy Hoekwater

OUTER BANKS, NC—Hospitality industry veteran Wendy Hoekwater has formed Net Growth Marketing, LLC, a marketing and sales consulting firm specializing in scaling small- to mid-sized companies in hospitality, travel and tourism.

               

 “Having led sales and marketing initiatives for some of the most respected brands in the hospitality industry, including Marriott International, Choice Hotels International and Great Wolf Resorts, Inc., I’ve gained a deep understanding of what drives success in this competitive market," said Hoekwater.

“At Net Growth Marketing, our mission is to empower our clients in the hospitality and tourism industry who may not have internal resources with proven, customized sales and marketing strategies.

 

"These are solutions I’ve personally developed and implemented, resulting in measurable improvements to the bottom line. We don’t believe in one-size-fits-all; we collaborate with owners to craft strategies tailored specifically to their company’s unique needs.”

Net Growth Marketing offers a full spectrum of sales and marketing services for small- to mid-sized companies in the hospitality and tourism industry, including strategic market planning, brand positioning, digital marketing solutions and sales operations optimization.  The company also assists with brand storytelling and marketing team leadership coaching.

                A 20-year hospitality veteran, Hoekwater most recently served as vice president of marketing and sales with Surf or Sound Realty, a premier vacation rental property management company with more than 600 vacation rental homes in the Outer Banks.

 

Contact:

 

Chris Daly

(703) 864-5553

chris@dalygray.com