Wednesday, December 4, 2024

New Partner Marty Taylor Bolsters BCLP’s Real Estate Finance Practice in Irvine, CA

  

Martin W. (Marty) Taylor

Irvine, CA – International law firm BCLP has added Partner Marty Taylor to the firm’s Real Estate Finance group. He is set to join the firm’s Irvine office.

Marty brings over 30 years of experience representing financial institutions, companies, and other parties across a wide range of syndicated and single-bank financing transactions..

Vanessa A. Sunshine

Listed in The Best Lawyers in America for Real Estate Law from 2023 to 2025, Marty is widely recognized for his ability to structure, negotiate, and close sophisticated financing deals.

“Marty’s ability to manage complex real estate finance transactions also further enhances our capability to deliver creative and effective solutions, as we constantly look ahead to remain at the forefront of our client’s most sophisticated needs,” added Practice Group Leader - Real Estate Finance, Vanessa A. Sunshine.

Andy Auerbach

“We’re thrilled to welcome Marty to the team,” said Andy Auerbach, Regional Leader - Global Real Estate. “His breadth of knowledge across diverse real estate sectors comes at a pivotal time in our fast-evolving market, and his insight into both lender and borrower perspectives will be an invaluable resource for our clients.”

Marty joins BCLP from Greenberg Traurig, LLP, where he was a Shareholder.

CONTACTS:

 John Garger 516-405-3113 jgarger@rippmedia.com

Leslie Leader Brooks 312-602-5187 leslie.brooks@bclplaw.com

The Keyes Company Expands into Sarasota -- welcomes Signature Premier Properties Sarasota and Florida SunCoast Real Estate

 

Christina Pappas

SARASOTA, FL, Dec. 4, 2024 – The Keyes Company, Florida’s largest independent real estate firm, established a significant presence in the Sarasota market with the arrival of Signature Premier Properties Sarasota and Florida SunCoast Real Estate. Following these additions, Keyes will operate its first Sarasota office at 1433 Main St. – a prime location within the city.

Kathy Curd

 “We are thrilled to welcome these two best-in-class real estate firms to the Keyes family,” Keyes President Christina Pappas said. “Signature Premier Properties Sarasota and Florida SunCoast Real Estate enable us to make an impactful debut in a pivotal market that continues to experience incredible growth and demand. 

Signature Premier, from left:  Mike Pappas, Kathy Curd, Wendi Iglesias, Jackie Viard, Caitlyn Morris, Peter Morris (co-owner of Signature), Deidre Severine, Christina Pappas, Steve Reibel

"Both firms share our commitment to personal, hands-on service and the belief that connection and community is at the heart of real estate.”

Signature Premier Properties Sarasota is an affiliate of New York-based Signature Premier Properties, a Long Island market leader co-owned by Peter Morris and Kathleen Viard.


Suncoast, from left- Christina Pappas, Barry Grooms (co-owner),
 Sherry Grooms (co-owner), Shannon Cooley, Steve Reibel,
 Mike Pappas

The Sarasota firm has 60 agents, including a strong contingent of New York transplants who leverage their relationships in both markets for the benefit of their buyers and sellers.

 Signature’s Kathy Curd will serve as Sales Manager of the new Keyes Sarasota office.

Kathleen Viard
 

“Keyes is the perfect partner to allow us to build upon our momentum since launching the Sarasota brokerage a few years ago,” Viard said. “The Sarasota market continues to see the New York relocation activity that started during the pandemic. Our New York roots and relationships help our agents produce optimal results for their clients.”

    

                             Peter Morris

Founded in 2016, Florida SunCoast Real Estate prides itself on professionalism, flexibility and providing a holistic customer experience. It is co-owned by Barry and Sherry Grooms, who have a combined 50 years of industry experience.

 

Sherry Grooms

Barry Grooms is a past President of Florida Realtors and consistently reaches the top 2% of his market area as a residential and commercial real estate agent.

 

Barry Grooms

Sherry Grooms has held numerous industry leadership positions, including as President of the Manatee Association of Realtors and Network President of the Women’s Council of Realtors. The couple is also deeply involved in community and civic organizations.

 

In conjunction with Florida SunCoast’s arrival, Barry Grooms will become the Southwest Florida Regional Manager of Keyes. He will help Keyes leadership identify additional firm merger opportunities and recruit top associates in the region.

 “Like Keyes, we are a family-owned brokerage that puts people first,” Grooms said. “We were attracted to Keyes due to its unmatched reputation earned over nearly a century of service, market-leading technology and support for agents, and community impact.”

 Keyes is in active negotiations with other brokerages in Southwest Florida and other target Florida markets.

 

Steven Reibel

“Our track record of successful partnerships is creating exciting new opportunities across Florida,” Keyes Senior Vice President Steven Reibel said. “We are actively engaging with broker/owners who recognize the advantages of collaboration, as the evolving industry landscape creates new opportunities for boutique brokerages to thrive by joining forces.”

 Contacts:

 Eric Kalis and Daniel Benjamin

 BoardroomPR

ekalis@boardroompr.com or

dbenjamin@boardroompr.com

954-370-8999

 

Monday, December 2, 2024

Native Realty Closes $15 Million in New South Florida Investment Sales

 

Kaley Tuning 
FORT LAUDERDALE, FL –– Native Realty, the pioneering Fort Lauderdale-based real estate firm led by Jaime Sturgis, was brokering investment sales transactions at a torrid pace during the fourth quarter of 2024. The firm just completed $15 million in commercial real estate closings – including three commercial property sales that closed on the same day.

Sarah Adler 

In Tamarac, Native brokered both sides of the $5.1 million off-market sale of a retail center. Sturgis, the CEO of Native, represented seller Judith Strachman Revocable Living Trust. Native Executive Director Dan Ross procured the buyer, 8186 University Plaza LLC. The 34,803-square-foot center is located on a prime corridor at 8106-8186 N. University Drive.

                                                         Dan Ross


In Fort Lauderdale, Native represented both sides in the $3.45 million sale of a freestanding retail building. Camp Canine Fort Lauderdale LLC sold the 9,150-square-foot building at 808 W. Broward Blvd. to Bee Capital LLC. Native COO Kaley Tuning marketed the property on behalf of the seller, while Sturgis represented the buyer.

 

Sturgis also collaborated with Native’s Jeremiah and Sarah Adler to represent the seller of a boutique office building at 412 SE 13th St. in Fort Lauderdale. Hub & Spoke LLC sold the 1,412-square-foot building to Azala Real Estate LLC for $985,000.

 

All three property sales closed on Nov. 15.

 

Elsewhere in Fort Lauderdale, Native recently closed the $5.36 million sale of a boutique multifamily property at 1350 and 1400 NE Fifth Terrace. The 28-unit building is located on 1.1 acres near the city’s emerging Studio City neighborhood.



Jaime Sturgis 

“These new closings demonstrate Native’s ability to successfully broker investment sales transactions of all sizes, property types and submarkets,” Sturgis said. “We are seeing investment sales activity pick up significantly, as commercial real estate sellers and buyers demonstrate renewed confidence in the direction of the broader market. We have additional big transactions scheduled to close in the coming weeks.”

 

CONTACT

 

Eric Kalis

Senior Vice President

ekalis@boardroompr.com

C 305-794-5123

O 954-370-8999

Web | Facebook | Instagram | LinkedIn

 

www.nativerealty.com.

 

 

Friday, November 29, 2024

JLL Capital Markets arranges sale of Jedburg Logistics Park – Building 2 in Charleston, SC

 

Ali Winrow

Summerville, SC – JLL Capital Markets handled the sale of Jedburg Logistics Park – Building 2, a 158,340-square-foot Class A last-mile distribution facility in Summerville, South Carolina. The price was not disclosed.

 

The JLL Investment Sales and Advisory team worked on behalf of the seller, a partnership between Trinity Capital Advisors and Hartford Investment Management Company, in the sale to Clarion Partners.

The newly constructed facility located at 237 Jedburg Road features 32-foot clear heights, ESFR sprinklers and ample parking for both automobiles and trailers. The property is fully leased to a leading global e-commerce tenant.

Jedburg Logistics Center– Building 2, a 158,340-square-foot
 Class A last-mile distribution facility
in Summerville, SC.
 

Strategically positioned along I-26, one of South Carolina’s main distribution arteries, the property is situated between the Port of Charleston and I-95, allowing the building to service the entire East Coast within two days and providing critical access to the city’s population hubs. The property also enjoys direct access to Charleston International Airport (CHS) and major regional manufacturers, among many others.

As one of the fastest-growing industrial markets in the Southeast, Charleston offers outstanding supply chain positioning, a skilled workforce, low operating costs and a pro-business regulatory environment.

"Clarion Partners, the third largest owner of industrial real estate in the U.S., has been active in the industrial and logistics sector for more than two decades," said Ali Winrow, Vice President and Product Specialist at Clarion Partners.

"The addition of Jedburg Logistics Center to the Clarion Partners Real Estate Income Fund (CPREX) portfolio builds upon our conviction in this sector and we are excited to add this to CPREX's growing portfolio of industrial assets."

Contact:

Grace Lewis

PR, Capital Markets

2401 Cedar Springs Rd.

Dallas, TX 75201

M +1 903 520 3478

JLL.com

 

trinitycapitaladvisors.com.

www.clarionpartners.com.

 

 

 

 

APCOA wins German Sustainability Award in the Transport Infrastructure category

Frank van der Sant

  Stuttgart/Düsseldorf, Germany. November 29, 2024 – APCOA, the leading European car park operator, has won the German Sustainability Award (DNP) in the category Transport Infrastructure. APCOA was honoured for its Urban Hub concept.

 “We feel very honoured that APCOA and our Urban Hubs have been awarded the German Sustainability Award. This award emphasises that with smart concepts and the intelligent use of existing buildings we can transform our cities into a more sustainable environment for working and living, business and leisure,” says Frank van der Sant, Chief Commercial Officer of APCOA.

 

Niels Christ, Group Director Urban Hubs adds, “since the first idea of our Urban Hubs concept we have transformed over 500 car parks across 50 cities in 12 countries into mobility, logistics and charging hubs.

 

 "These serve as logistics centers for last mile delivery, provide charging points for electric vehicles and function as pick-up and drop-off points for cars, e-scooters and e-bikes of mobility service providers.”   


 

Niels Christ

 

Kim Challis, Group Director ESG and Regional MD for UK & Ireland. says “the launch of APCOA’s ‘Sustainability in Action initiative in 2021 marked a significant milestone in our commitment to sustainability.

 

 "By establishing multiple ESG initiatives within a structured framework, we have demonstrated a genuine integration of sustainability into our core business operations.

 

"This initiative reflects APCOA‘s dedication not only to our employees, customers, clients and investors but also to the wider communities and environments in which we operate.”

 


Contact:

APCOA PARKING Holdings GmbH,

Sebastian Merkle,

Flughafenstr. 34, 70624

Stuttgart-Airport, T: +49 711-94791-0

 

 

 

 

 

Thursday, November 28, 2024

JLL Capital Markets brokers sales of Cottages of Aspen located on a 28-acre site in Oakdale,MN

 

Josh Talberg

MINNEAPOLIS, MN – JLL Capital has secured the sale and financing of Cottages of Aspen, a 114-unit townhome community in Oakdale, Minnesota. The price was not disclosed.

 JLL represented the seller, Podawiltz Development Corporation.

 

Cottages of Aspen is strategically located at 1745 Granada Ave N., one of the Twin Cities' most desirable suburban communities. The property offers residents immediate access to major employers, shopping districts and recreational amenities, including the adjacent 40-acre Richard Walton Park.


Pat McMullen

Oakdale has transformed into a thriving suburban hub, attracting a diverse mix of residents with its strong job market, excellent schools and high quality of life. With a median household income of $103,623 within the city, the area continues to draw families, young professionals and empty-nesters alike.


\

Joseph Peris

 

The Cottages of Aspen, a 55+ townhome community built in 1991 and renovated in 2008, offers a desirable living experience with its high 95% occupancy rate. Spanning 99,600 rentable square feet, the community features one- and two-bedroom units averaging 874 square feet, each boasting modern finishes, appliances, a front porch and a private garage.

 

JLL Capital Market’s Investment and Sales Advisory team was led by Managing Director Josh Talberg. JLL’s Debt Advisory team was spearheaded by Senior Director Pat McMullen and Director Joseph Peris.



Cottages of Aspen, Oakdale, MN

"The Cottages of Aspen transaction exemplifies the strong demand for high-quality, age-restricted communities in prime suburban locations," said Talberg. "With its strategic positioning near Richard Walton Park in Oakdale, robust occupancy and attractive amenities, the property garnered multiple bids from across the Midwest region.”

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

 

 

James Michael Podawiltz,

About Podawiltz Development Corporation

 

Podawiltz Development Corporation, led by Key Principal James Michael Podawiltz, is a Saint Cloud, Minnesota-based company specializing in land subdivision, heavy and civil engineering construction and residential land development.

 

 

 

Contact:

 

 Gréta Kieras Senior Associate

 Public Relations

Phone: +1 949 930 8498  

Email: greta.kieras@jll.com

 

 

 

Wednesday, November 27, 2024

Construction take-out financing arranged by JLL Capital Markets for Northshore Commerce Center in Saratoga Springs, UT

 

Northshore Commerce Center, Saratoga Springs, UT

SALT LAKE CITY, UT–  JLL Capital Markets has secured the construction take-out financing for Northshore Commerce Center, a 339,009-square-foot, 2023 vintage, Class A industrial portfolio in Saratoga Springs, Utah. Funding details were not disclosed.

 

JLL worked on behalf of the borrowers, a partnership between Bow River Capital and Wadsworth Development Group, to secure the loan.

Leon McBroom

Completed in 2023, Northshore Commerce Center consists of three state-of-the-art buildings featuring 28- and 32-foot clear heights, 76 dock-high doors, 10 grade-level doors and ample parking with 479 spaces. Currently, the portfolio is leased to a diverse range of global, national and regional tenants.

Strategically located at 593-659 N Saratoga Rd., the complex enjoys a prime position in North Utah County, which is known for its lack of industrial-zoned land, while offering convenient access to both Downtown Provo and Downtown Salt Lake City within a 30-minute drive.

Chris Gandy

Situated along UT-145 and just 3.5 miles from I-15 — Utah's busiest thoroughfare with 184,000 vehicles per day — Northshore Commerce Center provides excellent connectivity throughout the Wasatch Front.

Additionally, Texas Instruments recently announced that the company has selected Lehi for its next $11 billion 300-millimeter semiconductor plant, which continues to be a consistent demand driver for North Utah County.

The JLL Debt Advisory team was led by Senior Managing Directors Leon McBroom and Chris Gandy and Director Rob Bova.


Rob Bova.

“The Salt Lake City and Utah County region continues to experience robust demand for last-mile industrial space, fueled by its thriving economy and rapidly growing population,” said Gandy. “These factors, combined with the portfolio’s strategic location and the strength of its sponsorship, made Northshore Commerce Center a highly attractive financing opportunity.”

“This financing underscores the continued strength and appeal of the industrial sector in the Greater Salt Lake Valley, reflecting investors' confidence in the region's economic prospects and growth potential,” added Gandy.

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

  

Contact:

 Grace Lewis

PR, Capital Markets

2401 Cedar Springs Rd.

Dallas, Texas 75201

M +1 903 520 3478

JLL.com