#transwestern

[tradedmiami]

LEASE IMAGE: Jeff Hartsook, Thomas Kresse & Adam Talbot DATE: 05/09/2023 ADDRESS: 5959 Northwest 35th Avenue MARKET: Miami ASSET TYPE: Industrial LANDLORD: RPR Hialeah II TENANT: C-Air Brokers & Forwarders LANDLORD'S REP: Thomas Kresse - Transwestern (@Transwestern) TENANT'S REP: Jeff Hartsook & Adam Talbot - Cresa (@CresaGlobal) ASKING RENT: $17/ft. ~ SF: 56,420 NOTE: C-Air Brokers & Forwarders, a logistics company, has renewed its lease for a 56,420-square-foot warehouse in Miami's Brownsville neighborhood, where it has been located since 2012. The renewal comes amid a strong industrial leasing market in Miami-Dade County, with a low vacancy rate of 1.1% and an average asking rent of $14.91 per square foot as of Q1 2023. #Miami #RealEstate #tradedmia #MIA #Industrial #RPRHialeahII #CAirBrokersandForwarders #ThomasKresse #Transwestern #JeffHartsook #AdamTalbot #Cresa

[internationalrealestatenews]

[ad_1] Howard Hughes Holdings offloaded Creekside Park’s first medical workplace, which it delivered final 12 months.   Based on The Woodlands-based developer’s quarterly SEC report, it offered the Creekside Park Medical Plaza, at 26424 Strake Drive, for $14 million. Houston Methodist hospital system purchased the two-story, 32,600-square-foot Class A medical workplace this month, property data present. Houston Methodist plans to open a multi-specialty clinic akin to its Complete Care Middle in Pearland. As many as 10 suppliers are anticipated to maneuver to the Creekside Park Medical Plaza, together with main care, orthopedic providers, bodily remedy and occupational remedy suppliers. It may open as quickly as the primary quarter of subsequent 12 months. The property was offered in shell situation, and Methodist has the inside below building, stated Pincecroft Realty’s TJ Fry, the dealer connected to the challenge.  Development began on the Creekside Park Medical Plaza in early 2022, and it was accomplished final spring. It's anticipated to be the primary medical workplace in Creekside Park, one of many Woodlands’ 10 villages. Each different village within the Woodlands has not less than one medical workplace.  In Houston, the price of renting medical workplace areas has gone up by about 60 foundation factors in comparison with final 12 months, averaging $30.33 per sq. foot per 12 months, in response to Transwestern. Newer places of work are charging greater costs due to robust demand even earlier than they open.  The Woodlands is rising as its personal burgeoning healthcare hub in Higher Houston’s Northwest hall. St. Luke’s Hospital, Memorial Hermann and Texas Youngsters’s Hospital all have presences there.  Two medical places of work totaling greater than 300,000 sq. toes are below building in The Woodlands: the Kelsey Seybold Springwoods Village Campus, at 2340 North Grand Parkway, and Memorial Hermann The Woodlands Medical Plaza 5 at 9250 Pinecroft Drive.  Almost one-third of The Woodlands’ workforce is employed within the healthcare trade, making it the main job sector for the fifth 12 months in a row, in response to The Woodlands Space Financial Growth Partnership.Houston Methodist has been busy cementing its footprint throughout the metro’s burgeoning medical hubs. In January, Houston Methodist leased 75,800 sq. toes within the Helix Park campus’ Dynamic One life science constructing, at 1840 Dynamic Means. Learn extra [ad_2] Supply hyperlink

[izafoodie]

Iberia Foods Inks Deal for 78K SF at Miami-Area Warehouse - Commercial Observer http://dlvr.it/Rx7ZK4

[sentinelchicken]

Horizon Air’s glorious Q400 retrobird at Sea-Tac yesterday when I was on my way to Oregon for work. N421QX got its retro colors about two years ago and flew Yakima-Seattle which was Horizon’s first route in 1981.⁣ ⁣ With the passage of the Airline Deregulation Act in 1978, airlines were no longer bound by the Civil Aeronautics Board as to what cities they could serve and from where, those decisions were now left to free market forces. As a result, many small communities in the Pacific Northwest saw their air services dropped by the larger airlines.⁣ ⁣ In May 1981, Milt Koult gathered a group of Seattle entrepreneurs to fill this gap with a new regional airline named Horizon Air. Operations were launched on 1 September 1981 using three Fairchild F-27 turboprops (license built versions of the Fokker F-27). ⁣ ⁣ The first services were from Seattle to Yakima, Washington, followed by services the following week from Seattle to Pasco, Washington. In those days, the general offices of Horizon were located in an old house behind Sea-Tac Airport. Struggling financially, Horizon merged with Air Oregon in June 1982 and then again the following year with Transwestern of Utah. ⁣ ⁣ A stock IPO was floated in 1984 to help keep the airline afloat. In the summer of 1985, Horizon entered a code share agreement with United Airlines which attracted the attention of Alaska Airlines which was looking for a regional partner to increase its passenger feed into Seattle. In November 1986, Alaska acquired Horizon and the rest, shall we say, is history! ⁣ ⁣ #avgeek #aviation #aircraft #planeporn #KSEA #SEA #Seattle #SeaTac #Washington #airport #planespotting #instaplane ⠀⁣ ⁣ #Bombardier #Q400 #AlaskaAirlines #HorizonAir #N421QX⁣ ⁣ #instagramaviation #splendid_transport #instaaviation #aviationlovers #aviationphotography #flight ⠀⁣ ⁣ #AvGeeksAero #AvgeekSchoolofKnowledge #AvGeekNation (at Seattle-Tacoma International Airport) https://www.instagram.com/p/CGS9AJNhxq8/?igshid=1iprmcg1w1jr3

[feeshies]

So my mom just texted me a picture of a Transwestern Bank with the caption “I found the perfect bank for you”

[stcroixcra]

The Best Commercial Real Estate Service in Austin, TX - St. Croix Capital Advisors are a small boutique Commercial real estate firm in Austin, TX. They provide services of Development Management, Asset Management, Investment Sales, Buyer Representation, Property Management, Construction Management, Debt Placement, Landlord Representation, Tenant Representation. They have around 20 employees and they have been growing up really quickly. They have a lot of competition going on in Austin, TX. There are big real estate corporations (CBRE, JLL, Cushman Wakefield) and smaller firms like us (ECR, Transwestern, StreamRealty) etc. Their difference is the customer service they provide. Their agents/brokers provide family like environment to their clients and they close deals smoothly without a hitch. Company Name: St. Croix Capital AdvisorsFirst Name:  KenLast Name: SatterleeAddress: 901 S Mopac Expressway, Barton Oaks Plaza 1,Suite 160 -City: AustinState: TexasZip Code: 78746Country: United StatesTel No.: +1 512-391-0718E-mail Id: officeadmin@stcroixca.com For more information visit to our website https://www.stcroixcra.com/

[graffiti-artist-for-hire]

Virginia mural artist for hire. We painted a recent parking garage with a bike themed mural for Transwestern. Our client was rated the best place of employment for Millennial by Forbes magazine three times. As a result, we were not surprised when they came looking for a mural to beautify their bike room. Our artists have painted interior and exterior murals all over the Washington DC area already. Firstly, the references provided during the creative process were interesting. Secondly, they had more examples of what the team did not want (equally useful!) Thirdly, the VA location’s proximity to DC allowed for integration of an abstract patriotic design. We utilized shades of those primary reds & blues that look so good on a white wall! Finally, our Virginia mural artist got to work painting the approved art. We have experience painting in a lot of parking garages as well as bike rooms. Our artists use top quality paints to create timeless & engaging murals to brighten up the everyday lives of employees and residents. We were very happy with the final artwork and how clean the finished space looked.

[tradedmiami]

SALE IMAGE: Walter Byrd, Skylar Stein, Thomas Kresse, Ben Eisenberg & Carlos Gaviria DATE: 08/31/2023 ADDRESS: 8855 Northwest 35th Lane MARKET: Doral ASSET TYPE: Industrial BUYER: Jet Engine Technology Corporation BUYER'S REP: Carlos Gaviria, Ben Eisenberg, Walter Byrd & Thomas Kresse - Transwestern Real Estate Services SELLER'S REP: Skylar Stein - Cushman & Wakefield SALE PRICE: $9,700,000 SF: 32,904 ~ PPSF: $295 NOTE: Jet Engine Technology Corporation has purchased a 32,904 sq-ft industrial property in Doral, Florida for $9.7 million, facilitated by Transwestern Real Estate Services' South Florida Industrial team. The acquisition supports the company's expansion in providing jet engine maintenance services. #Miami #RealEstate #tradedmia #MIA #Doral #Industrial #JetEngineTechnologyCorporation #CarlosGaviria #BenEisenberg #WalterByrd #ThomasKresse #TranswesternRealEstateServices #SkylarStein #CushmanandWakefield

[farwiayas3-blog]

TRANSWESTERN INVESTMENT GROUP AND JDM PARTNERS CLOSE 2 ... - https://goo.gl/LzdT5q - #Auto_Insurance, #Close, #Group, #Investment, #JDM, #Partners, #TRANSWESTERN

[internationalrealestatenews]

[ad_1] An Applesway Funding Group-linked LLC and a separate three way partnership are delinquent on a collateralized mortgage obligation tied to a four-property multifamily portfolio in Houston.  The homeowners are 30 days delinquent on a $60 million floating-rate securitized mortgage, in keeping with information from Trepp.  The lender is Arbor Realty Belief, which has been criticized for its reliance on “high-risk” multifamily bridge loans of short-term floating price debt.  Often known as the Westchase Portfolio, it's composed of Class C complexes east of George Bush Park, close to the Sam Houston Tollway: the Protect at Westchase, at 10615 Meadowglen Lane; the Estates at Westchase, at 2305 Hayes Highway; the Grand at Westchase, at 10881 Richmond Avenue; and the Vista at Westchase, at 3435 Walnut Bend Lane.  An LLC with a enterprise handle linked to Applesway founder Jay Gajavelli acquired the Protect, the Estates and the Grand in 2021.  Westchase Houston MGR, a three way partnership linked to a gaggle of actual property buyers — Matt Picheny founding father of Picheny; Justin Martinez of Sky Fortress Properties; and Brent Ritchie of EnRitch Funding Group, amongst others — purchased the Vista the identical yr, in keeping with Trepp.  A collateralized mortgage obligation is a single safety backed by a pool of debt and may have a number of normal companions. Makes an attempt to achieve Gajavelli, Picheny, Martinez and Ritchie have been unsuccessful. All 4 complexes have been renovated in 2021. Mixed, they home 1,330 items, spanning practically a million sq. toes, with a complete appraised worth of $120 million.  Trepp labels the portfolio as paid via November, with a looming June maturity date, however debtors nonetheless have extension choices out there.  The Westchase Portfolio is 88 p.c occupied, which is consistent with Westchase’s 89 p.c multifamily occupancy price, in keeping with Transwestern. Nevertheless, the properties have a depressed internet money stream debt service protection ratio of 0.69, in keeping with Trepp, indicating that incoming rents will not be sufficient to cowl mortgage funds.  New York-based Arbor beforehand foreclosed on a $229 million Applesway multifamily portfolio in April 2023, which consisted of 4 Houston condo complexes. Final month, Arbor filed to foreclose on a $38 million mortgage tied to the Selena, a 446-unit condo constructing at 250 Uvalde Highway in Houston. The owner in that case is Jorge Abreu’s Elevate. Arbor has been a serious participant in multifamily lending because it flooded the market with high-risk multifamily bridge loans in 2021. The lender now finds itself in a precarious place. Mounting misery is gripping the multifamily market amid rising rates of interest which have left many debtors unable to repay, as lease development slows and renovation prices rise.  Arbor reported a 1,500 p.c improve in non-performing loans in June, with $124 million of its $13 billion bridge mortgage portfolio underperforming, in keeping with Securities and Alternate Fee filings. Misery additionally surged in its company portfolio, the place delinquencies jumped 788 p.c to about $344 million by midyear 2023, a slight improve to over 1 p.c of its $30 billion in company loans.  Viceroy Analysis’s evaluation underscores the vulnerability of Arbor’s mortgage e-book, with extra potential defaults on the horizon. In keeping with the analysis agency, about 30 p.c of Arbor’s mortgage e-book might be overdue within the coming yr.  Applesway-linked properties have been rocked by misery since final yr.  5 Applesway properties in Houston hit the public sale block in 2023 as a result of mortgage defaults. The Dallas-based agency tried to serve 120 eviction notices to tenants of the Cabo San Lucas at 9220 Nathaniel Avenue after its foreclosures sale in August. These eviction instances have been finally dismissed on technical grounds.  A bunch of 123 buyers sued Applesway final yr, alleging the funding agency defrauded them out of $12.4 million. 

[tradedmiami]

LEASE IMAGE: Walter Byrd, Carlos Gaviria, Thomas Kresse & Ben Eisenberg DATE: 05/15/2023 ADDRESS: 7120 Northwest 74th Avenue MARKET: Miami ASSET TYPE: Industrial LANDLORD: Terreno Realty Corporation LANDLORD'S REP: Carlos Gaviria, Thomas Kresse, Walter Byrd & Ben Eisenberg - Transwestern Real Estate Services TENANT'S REP: Skylar Stein - Cushman & Wakefield ASKING RENT: $10/ft. ~ SF: 44,101 LEASE TERMS: five-year NOTE: Transwestern Real Estate Services (TRS) has secured a five-year lease renewal for a multinational distribution company at 7120 NW 74th Avenue in Miami. The deal was negotiated by Transwestern's South Florida Industrial team, taking into account the tightening market conditions and the property's favorable size, quality, and strategic location. #Miami #RealEstate #tradedmia #MIA #Industrial #TerrenoRealtyCorporation #CarlosGaviria #ThomasKresse #WalterByrd #BenEisenberg #TranswesternRealEstateServices #SkylarStein #CushmanandWakefield

[dfwnews]

Office building on Hulen acquired by investment group

Office building on Hulen acquired by investment group

(JULY 11, 2022 – FORT WORTH, TEXAS) – Transwestern Real Estate Services (TRS) announces FTW Investment Group, LLC has purchased 3880 Hulen, a six-story, 70,000-square-foot office building in Fort Worth. Transwestern’s Kyle Poulson and Gibson Duwe facilitated the transaction on behalf of the seller. Casey Tounget and Theron Bryant, also of Transwestern, represented the buyer. The sale price was…

[internationalrealestatenews]

[ad_1] Matthews Southwest employed actual property lawyer Phillip Geheb as a vice chairman. He'll head up company technique and operations for the corporate’s capital markets and growth initiatives. Geheb beforehand labored for Munsch Hardt’s actual property group, the place he collaborated with Dallas-based Matthews Southwest on a number of initiatives, together with the Broward County Conference Heart Enlargement and the Outdated Dallas Excessive Faculty redevelopment. Led by Jack Matthews, the agency is understood domestically for its redevelopment of the Cedars neighborhood. Final yr, the agency received the contract for the $65 million redevelopment of the Dallas Conference Heart. Houston-based Transwestern employed for 2 of its prime roles not too long ago. Adam Altsuler is becoming a member of as CFO, and Brian Delgado as international head of capital markets, the Houston Enterprise Journal reported. Altsuler was beforehand CFO of Houston-based USD Companions, which develops and operates infrastructure and logistics for the power trade. Delgado was beforehand managing director of enterprise growth and investor relations at CrossHarbor Capital Companions. Altsuler takes over from Steve Harding, who was promoted to chief transformation officer final yr. Delgado’s place is new. Compass promoted Kelli Macatee to gross sales supervisor and related dealer within the Dallas-Fort Price market. Macatee has been with Compass since 2019. Primarily based in Flower Mound, she focuses on luxurious actual property and has bought over $41 million since 2018, in keeping with a information launch from the agency. She beforehand labored for Allie Beth Allman & Associates. Austin-based residential dealer Monica Fabbio has moved her enterprise to @properties Christie’s Worldwide Actual Property. She focuses on luxurious, waterfront, downtown-highrise and ranch actual property gross sales. She has 23 years of expertise and ranks within the prime 1 p.c of Austin actual property brokers, in keeping with a information launch. She can even function the agency’s government vice chairman of philanthropy. She is from San Antonio and has a background in broadcasting. Dallas-based KAI Enterprises obtained a Caudill Award for its work on the $60 million renovation of South Oak Cliff Excessive Faculty, in Dallas ISD. The award is the best honor given at an annual college structure competitors by the Texas Affiliation of Faculty Directors and the Texas Affiliation of Faculty Boards. Based in 1980, the nationwide agency does a whole lot of work for colleges and municipalities, but in addition multifamily, mixed-use and business initiatives. —Rachel Stone Learn extra [ad_2] Supply hyperlink