Archive for the ‘Real Estate’ Category

SRS Real Estate Partners’ June Transactions

Wednesday, July 16th, 2014


Dallas, TX (PRWEB) July 14, 2014

SRS Real Estate Partners (SRS) announces highlights of June transactions and new assignments.

Atlanta:

SRS Real Estate Partners announced that the project leasing team in Atlanta has secured three new leases at Krog Street Market (KSM), a 30,000-square-foot mixed-use redevelopment project owned by Paces Properties. Yalla, a contemporary middle-eastern food stall, has leased a 400-square-foot space and will offer a menu featuring shawarma, kebabs, falafel, fresh-baked pita and laffa, and a variety of salads from Executive Chef Todd Ginsberg. Mama Bath + Body has leased a 400-square-foot market stall and will feature an all-natural line of handmade olive oil soaps, body care products, and soy candles as well as gifts and cards. Another 400-square-foot market stall was leased by Xocolatl, a chocolate micro-factory. Xocolatl will produce handcrafted and hand wrapped artisanal chocolate bars. Krog Street Market continues to grow the unique mix of restaurant and retailers offerings and these new tenants are a direct reflection of the developments concept.

Krog Street Market is scheduled to open for business in late summer 2014. The entire project will consist of chef-driven restaurants with extensive covered patios, with a 6,000-square-foot indoor market with local retailers as the focal point. The project is located along Krog Street at the southeast corner of the intersection of Krog Street and Irwin Street in Inman Park and is situated along the Atlanta Beltline, adjacent to the proposed light rail station and within walking distance to the MARTA.

Lily H. Heimburger of the SRS Atlanta office represents the landlord, Paces Properties, LLC. The new tenants did not have broker representation in these transactions.

Austin:

SRS Real Estate Partners announced the relocation of the Austin office to 901 S. Mopac Expy, Building II, Suite 500, Austin, Texas where the team will continue to serve clients in the Austin, Cedar Park, and Round Rock areas.

The Austin office has welcomed many new faces to the team in the past four months. In February, Will Majors joined as senior vice president and market leader, followed by T.J. Powell as first vice president and Carson Hawley as associate. They also recently welcomed Lindsay Civitarese as marketing coordinator, who will provide office and marketing support for the team.

The new SRS Austin office is located in West Austin adjacent to the Barton Creek Greenbelt and Zilker Park. It offers a view of the Austin skyline and convenient access to downtown. The office relocation was completed on June 30.

Birmingham:

The SRS Birmingham office has announced four new store openings, a relocation and expansion and a renewal and expansion in Midtown Village Shopping Center, a retail hub of Tuscaloosa.

Dickeys Barbecue Pit opened in a 2,132-square-foot space directly next door to Ulta. Dickeys offers a wide variety of pit smoked meats and home-style sides and also offers local catering.

Adding to the dining choices available at Midtown Village, Brothers Pizza Express opened a 2,823-square-foot restaurant. Their menu includes specialty pizzas, pastas, subs, calzones and salads.

Also opening in Midtown Village Shopping Center is Lavish. With 1,801 square feet, the boutique will carry clothing and accessories and is located between Tuscaloosa Nails and Francescas.

Total Nutrition opened in a 1,757-square-foot space and will offer a wide variety of health food alternatives and vitamins and supplements.

SRS also announces the relocation and expansion of Midtown Nails. The new location is a 3,063-square-foot space which increases their space by over 1,500 square feet. They offer a wide variety of nail and waxing services.

Wagners RunWalk, a source for running, walking and fitness shoes and apparel at Midtown Village renewed and expanded their lease space to 3,596 square feet.

The H&R Block franchise opened in a 2,183-square-foot retail space at Midtown Village. They will offer a variety of tax services and welcome walk-in customers.

Cornerstone Management opened in at 1,870-square-foot retail space. They specialize in condominium management, sales and leasing in the Tuscaloosa area.

Martin Smith of the SRS Birmingham office represented the landlord, Carlyle-Cypress Tuscaloosa I, LLC in all of the transactions.

The SRS Real Estate Partners Birmingham office also announced new store openings in three shopping centers in the Birmingham area.

Campus Spirit is opening a 2,028-square-foot space directly next to Bath and Body Works in the Fultondale Promenade Shopping Center. They will offer a variety of sporting apparel for any sport fan. They are set to open in July.

Martin Smith represented the landlord, Inland American Real Estate Management, LLC in the transaction.

At Chelsea Crossroads Shopping Center, $ 5 Teen Trends is opening a 1,400-square-foot shop that will offer a variety of items for teens including accessories, toys and apparel.

Martin Smith represented the landlord, Chelsea-Selig, LLC in the transaction.

Also opening at Bessemers Promenade Tannehill Shopping Center is a 1,006-square-foot space, home to Dru, a salon specializing in hair braiding.

Martin Smith represented the landlord, Cypress Equities, LLC in the transaction.

In addition, Martin Smith represented the landlord, BFW Liquidations in the sale of a 39,204-square-foot building on Lorna Road in Hoover. The building was sold to Magnum Properties, LLC and plans have not been made public as to what type of business will be opening and when.

About SRS Real Estate Partners

SRS Real Estate Partners is the largest real estate company in the U.S. exclusively dedicated to retail services. Headquartered in Dallas with more than 20 offices worldwide, SRS strong reach and international presence provide the company with unparalleled knowledge both globally and domestically. As a result, clients of SRS have a competitive edge through a full range of offerings including brokerage services, corporate services, development services, investment services and management services. Since its inception in 1986, SRS has built a strong foundation in the retail real estate world and grown into one of the industrys most influential and respected leaders. Our success is measured in the achievement of our clients objectives, satisfaction and trust. For more information, please visit http://www.srsre.com.







Jay-Mr Real Estate & Renowned Architect David Brown Present: “Chateau Grand Chenes” Alpine, NJ Pt. 1

Wednesday, July 16th, 2014

Renowned architect, builder, and designer David Lawrence Brown takes us through details of his latest creation. This 12000 sq ft transformation is a masterp…

Hot Celebrity Home News: Al Pacino’s Scarface Mansion For Sale at $35 Million

Tuesday, July 15th, 2014


Pompano Beach, FL (PRWEB) June 03, 2014

The Scarface Mansion

In May 1980, Fidel Castro opened the harbor at Mariel, Cuba with what was supposed to be his intention of letting some of the Cuban people join their relatives in the United States. Within seventy-two hours, 3,000 U.S. boats were headed for Cuba to collect the refugees. To the surprise of all, it soon became evident that Castro was perpetuating a scam on the United States by requiring the boat owners to carry back with them not only their relatives, but the worst criminals from his jails. Of the 125,000 refugees that landed in Florida an estimated 25,000 were documented criminals. In Miami, they were referred to as the Marielitos. Drugs became prevalent as did local drug wars in South Florida. It was not unusual to sail by bales of marijuana floating in the waters of Biscayne Bay awaiting pickup on any Sunday afternoon outing. In time, and under law enforcement pressure, drug lords found it easier to move their drop off locations to the deep woods of the mid Atlantic states and Miami was mostly bypassed and eventually returned to normal.

In 1983, Oliver Stone wrote the script for Scarface. For those viewing the film in the majority of the country, it was just entertainment, but for those who lived in Miami in those years, it was a frightening reality. Tony Montana, Al Pacinos character, was unfortunately as realistic as they came and was clearly a Marielito. This was also the first major film for actress Michelle Pfeiffer, who played Elvira, Tonys trophy wife, which propelled her to stardom.

Tonys palatial trophy home was a big part of the movie, especially the scenes in the Roman sunken tub. But though most of the film was shot in Miami, the Miami Tourist Board was afraid of a negative reputation that would drive tourists away. That prompted many scenes to be shot in California, such as the actual house, known as the El Fureidis Estate, which is in Montecito, California.

Now for sale, the 10-acre estate was designed as a Roman villa in the early 1900s by architect Bertram Goodhue. He and the owner, James Waldron Gillespie, a wealthy New Yorker, traveled to the Middle East and Europe for a year looking for inspiration. That resulted in adding Persian touches such as the gardens and fountains and accents like a Byzantine-style sitting room with an 18-foot domed ceiling decorated with a floral hand-painted, gold and blue design in 24k gold-leaf modeled after the church of St. John Lateran in Rome. The barreled dining room ceiling is also finished in gold leaf, and according to the listing agent, depicts a scene of Alexander the Great conquering Persepolis.

At 10,000 square feet, the mansion has four bedrooms, nine bathrooms, a library, sitting room and a lounge. A large rooftop terrace provides 360-degree views of the Pacific Ocean, mountains and Channel Islands and makes an excellent venue for large scale entertaining. Due to the mild climate, the multiple terraces of the estate can be used year round.

Montecito estate used as Tony Montanos lavish mansion in the film Scarface is now priced at $ 35 million. The listing agent is Emily McBride Kellenberger of Village Properties, Christies International Real Estate.

Real estate is never boring at TopTenRealEstateDeals.com.







APR Attends LPS Property Showcase in Beijing

Monday, July 14th, 2014

Saratoga, California (PRWEB) June 19, 2014

Alain Pinel Realtors (APR) had a network of agents accompany Michi Olson, APR Vice President, Global Business Development and Relocation, to the LPS Property Showcase, held May 16-18 in Beijing. Olson spoke at the event, presenting on Bay Area lifestyle, the state of the local market, and living in the area.

This invitation-only expo welcomed an audience of Chinese luxury property buyers, high-end investors, and wealthy individuals. Now in its seventh year, the event held at the Legendale Hotel featured over 80 exhibitioners from over 20 countries and focused on international high-end properties, with 5,000 targeted visitors in attendance. Firmly established as Beijings leading luxury property show, the event allows Chinese luxury home owners to interact with well-known property developers from China and leading overseas luxury real estate professionals, like Alain Pinel Realtors.

APRs participation in the conference coincides with the launch of their International Marketing Strategy last month, targeting the rapidly growing number of international real estate homebuyers investing in the San Francisco Bay Area. As well as launching China.APR.com, the firms Chinese language website, APR announced expanded international listing syndication, affiliate offices in China, image ads in international publications, relationships with service providers and financial institutions, and personalized international client assistance.

The conference served as a unique opportunity for APR agents to network and build international relationships in China and with other global luxury real estate professionals, said Olson. The LPS conference is yet another example of how the business world is getting smaller.

The experience gained from the event helps APR agents to better guide international buyers, as well as gain more exposure for their listings. According to Bob Brushwyler, APR Saratoga, the quality and interest of the contacts was of a higher caliber, and agents came away with more new contacts than from any past LPS conference.

Mark Wong and Daphne Chou, APR Saratoga, visited a well-established Beijing real estate brokerage firm which shares a similar philosophy as APR. The founder and CEO invited them to speak to all their agents and staff regarding the current housing market in the San Francisco Bay Area. They were invited back to Beijing next month to speak at a widely-publicized real estate and investment seminar.

APR agents explored future partnership possibilities with other brokerage firms, wealth management companies, investment consultants, and individual entrepreneurs, said Wong. We gained first-hand experience about Chinese culture, business practices, and real estate opportunities, and also visited Central Government financial institutions to learn more about their monetary policies.

According to the California Association of Realtors (C.A.R.) Annual Housing Market Survey, the share of international buyers is growing in California, with 30% of international buyers coming from China. In a recent interview with Forbes, Wong said international investors look to buy in the US to diversify their portfolio. C.A.R.s 2013 International Real Estate Consumer Survey shows 16% of international buyers as interested in investment/tax advantages in the US, and 38% of buyers intending to use their property as an investment or rental. With its weather, business opportunities, and public education system, the Silicon Valley is a natural target for these buyers.

Chinese clients look for brand-new, furnished single-family homes built with high-quality materials. Important home amenities among international buyers according to the international survey are designer kitchens, outdoor pools, and hot tubs.

According to the international survey, 69% of international buyers are bringing in all cash offers, have a median income of $ 260k, and are highly educated, with 82% being college educated. As this increase in investment buyers translates to an increase in rentals and fewer owner occupied homes, there is a transition in local neighborhoods, with communities becoming increasingly diversified.

About Alain Pinel Realtors

Alain Pinel Realtors (APR) is the largest privately-owned and independent residential real estate company in California. APR is the fifth largest residential real estate firm in the United States based on its closed sales volume. The firm has 1,400 agents in 32 offices throughout Northern California. Celebrating almost a quarter century in Bay Area real estate, APR was founded in 1990 by CEO and President Paul L. Hulme, and is based in Saratoga, California. Visit us at apr.com, China.APR.com and connect with us on facebook.com/AlainPinelRealtors, @AlainPinel.

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Related Hot Real Estate Markets Press Releases

Valle Makoff Partner Jeffrey Makoff Selected to 2014 Northern California Super Lawyers List

Sunday, July 13th, 2014

San Francisco, California (PRWEB) July 08, 2014

Jeffrey T. Makoff, a Partner in 14-attorney Valle Makoff LLP, has been named to the Northern California Super Lawyers list as one of the top business litigation attorneys in California for 2014. Mr. Makoff handles plaintiff and defense work, federal and state jury trials, bench trials and appeals and business management/control disputes. Mr. Makoff also acts as a dispute mediator.

Valle Makoff provides business litigation and related transactional advice to corporate, fiduciary and individual clients in federal and state courts, arbitrations and in S.E.C. proceedings. The firm’s clients include technology companies and investors, domestic and international private equity firms, media companies, venture capitalists, live event promoters, creative artists, real estate developers, business executives, law firms and other professional firms, and stakeholders in private trusts, estates, partnerships and other commercial enterprises

No more than 5 percent of the lawyers in the state are selected by Super Lawyers. Super Lawyers, a Thomson Reuters business, is a rating service of outstanding lawyers from more than 70 practice areas who have attained a high degree of peer recognition and professional achievement. The annual selections are made using a rigorous multi