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TH Real Estate Picks Up 228-Unit FL Community

TH Real Estate, a subsidiary of TIAA, purchased The Atlantic at East Delray, a 228- unit community in Delray Beach, Fla. PS Vinings Owner LLC , a partnership between Pollack Shores and an affiliate of Heitman LLC, sold the property. According to the Daily Business Review , the asset traded for $54.3 million. Executive Managing Directors Avery Klann and Hampton Beebe, Director Jonathan Senn , Transaction Manager Matthew Scarola and Vice Chairmen Dick Donnellan and Marc deBaptiste, all from ARA Newmark, represented the sellers in the transaction. Located at 650 Lavers Circle, the Southeast Florida community is just east of Interstate 95 and close to retail options, the beach and the primary entertainment strip in Delray Beach, Atlantic Avenue. The property’s location provides access to major employment centers in both West Palm Beach and Boca Raton. Featuring luxury one-, two- and three- bedroom apartments , the 1996- built property includes various amenities, such as: A sand vo...

Dealmakers: August 2017 - Upstate Business Journal

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Joyner Commercial announces the following transactions: Steve Greer and Matt Carter were the agents in the lease of 1,600 SF at 24 Vardry St., Suite 203, in Greenville to Jordan Construction. Ted Arnold was the agent in the sale 2,400 SF of warehouse space at 102 S. Moore St., Duncan. Wayne Smith and Hope Tz Schmalzl were the agents in the sale of the business at 2829 Gentry Memorial Highway , Pickens. Hays Reynolds was the agent in the sale of a restaurant at 110 W. Butler Road in Mauldin to White Horn LLC . Matt Carter was the agent in the lease of 1,281 SF of office space at 221 Cooper Lane, Easley, by Karick Development to Technoflex Inc. Cushman & Wakefield | Thalhimer announces the following transactions: Brian J. Young and Lyn Norton were the agents in the sale of two industrial buildings totaling 342 ,838 SF on 39.25 acres at 3001 N. Blackstock Road , Buildings 1 and 2, in Spartanburg, by RT Blackstock Complex LLC to Crimson Palmetto Holdings LLC . Charlie Whitmire was t...

Sutter Hill Acquisition Corp. Buys The District at Vinings Apartments

VININGS, GA --(Marketwired - June 17, 2016) - Toronto- based Sutter Hill Acquisition Corporation has acquired The District at Vinings Apartments in Metro Atlanta for $68.75 million. Sutter Hill intends to spend up to $7 million renovating the 464- unit multifamily community , which is located on almost 38 acres in the heart of the Vinings area. The transaction closed June 16 , 2016. The District at Vinings Apartments is located at 2800 Paces Ferry Rd S.E., Atlanta, 30339, less than three miles from SunTrust Park -- the new stadium for Atlanta's Major League Baseball team , the Braves -- and The Battery Atlanta, which is expected to be one of the nation's top sports, shopping and entertainment venues. The apartments are also near Home Depot headquarters , the Cobb Energy Performing Arts Center , the Cobb Galleria and quaint Vinings Village . "This is a dominant asset in a dominant location," said Sutter Hill Acquisition President and CEO Karim Kanji . "It also ...

BusinessDen Property manager moves out of Cherry Creek

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Wheelhouse offices fill about 12,000 square feet at 574 Santa Fe Drive . (Burl Rolett)" /> Wheelhouse offices fill about 12,000 square feet at 574 Santa Fe Drive . (Burl Rolett) A company charged with leasing nearly 100 apartment buildings around Denver is ready to buy a place of its own. Property manager Wheelhouse Apartments , along with its construction and commercial management wings , has moved to the former BillTrust building at Sixth Avenue and Santa Fe Drive with plans of buying a share of the office property in the next month. Wheelhouse owner Zvi Rudawsky said he was looking for a change from the firm’s previous space in a midrise office building at 90 Madison St. “We were in Cherry Creek before, and it was a good building and a good space, but it was much more corporate,” he said. “It worked well for us, but this really is just such a unique space and it fits our culture a lot better.” Wheelhouse Apartments , Wheelhouse Management and Wheelhouse Construction ...

Protests Fail To Halt Rezoning For Apartments

October 13, 1988 | By David White of The Sentinel Staff KISSIMMEE — About 20 angry people who live in the Oak Run subdivision predicted their property values would drop and crime rates would rise if a new subdivision is built east of their homes. They also said traffic would worsen on Mill Slough Road and Woodcrest Boulevard if Palm State Development in Lakeland goes through with its plans to build about 180 houses and 200 apartments over three to five years. The city commission Tuesday night gave a big boost to those plans, voting 3 to 2 to annex the developer's 98 acres and approve zoning that could allow houses, stores and apartments on the land, which hugs Florida's Turnpike to the west. Oak Run residents blasted the decision. ''I think we just went through the motions,'' said George Selah of 2409 Fulton Road . ''They had their minds made up all the time,'' agreed Virginia Cook , 2413 Fulton Road . ''I'm worried about seeing ...