The following is a selection of media placements for Great Ink clients and a summary of each.
Standard Real Estate Investments
April 5, 2022
By Emily Fu
Commercial Observer’s Emily Fu reports on Standard Real Estate Investments’ close of a $30 million equity investment in a mixed-use development project at 1333 Broadway in Brooklyn’s Bushwick neighborhood, marking SREI’s first foray into New York City’s real estate market. SREI will work with Ekstein Tolbert Development to build a 107-unit, 20-story mixed-use building on the 30,766-square-foot site. “The acquisition of the site and development of a mixed-use property with an attainable residential component as a sizable portion of the project fits seamlessly with our investment philosophy,” said Jerome Nichols, co-founder and president of Standard REI.
EW Howell Construction Group
April 4, 2022
By David Winzelberg
EW Howell Construction Group announces executive leadership changes. Daniel Williams, previously EW Howell’s Vice President and Chief Financial Officer, will take over the day-to-day responsibilities as President while maintaining his role as CFO. Additionally, current President and Chief
Operating Officer Howard Rowland will become the firm’s new Chief Executive Officer. In addition, John K. Hagen, PE will be elevated to Interim Chief Operating Officer. Currently an Executive Vice-President with more than 40 years of senior construction leadership experience, Hagen will oversee all of EW Howell’s construction operations.
Simone Development Companies
April 4, 2022
By Lisa Hay
Simone Development Companies acquired Triangle Plaza Hub, a 50,000 square-foot grocery-anchored retail and medical office condominium in the Bronx’s Mott Haven neighborhood for $32 million from Triangle Equities. Triangle Plaza Hub features a healthcare and food-centric tenant-mix anchored by Fine Fare supermarket and Sun River Health. Other tenants at the property include DaVita, Dunkin’, Boston Market and Vistasite Eyecare. The LEED certified complex is 97% occupied.
April 1, 2022
by Julia Sanders
The RADCO Cos. acquired The American Hotel, a 315-room, full-service hotel in downtown Atlanta. Legacy Ventures sold the property for an undisclosed price but will stay on to manage the property. Opened in 1962 as the American Motor Hotel, the property was the first racially integrated hotel in downtown Atlanta. Legacy Ventures completed a $16 million renovation program in 2017, including rebranding the property as The American Hotel, to restore and revitalize the property. The Radco Cos. plans to build on these upgrades and rebrand the asset to Hilton’s new Tapestry Collection brand.
RAL Companies
April 1, 2022
By Liz Young
Software company Sigma Computing Inc. has leased 15,500 square feet of office space at Zero Irving, an office tower under development by RAL Companies in Manhattan’s Union Square neighborhood. Sigma will occupy the full ninth floor under a five-year deal.
Populous
March/April 2022
By Jason Carmello, Populous
Jason Carmello, a senior principal at Populous, was the project architect for UBS Arena. The new home to the Islanders NHL team in Elmont, NY, this 745,000-SF, 17,250-seat arena will be the destination for entertainment and sports for the New York area. Jason details the project’s elements in Venue Professional’s “Whats Going Up” column.
Hodges Ward Elliott
April 1, 2022
By Peter Benson
Dan Peek, chief operating officer of Hodges Ward Elliott, is quoted in a PERE article about investors returning to the hospitality sector.
Kimmerle Group
March 31, 2022
By Jessica Perry
Kimmerle Group has completed a full-building renovation and expansion at 650 From Road, Onyx Equities’ five-story office building in Paramus, NJ. The work brought a redesigned and upgraded suite of amenities, including a brand-new café with indoor and outdoor dining areas, recreation center with a putting green, pool table, lounge seating and arcade games.
Rubenstein Partners
March 31, 2022
By Candace Carlisle
Rubenstein Partners closed on the acquisition of a 250,000-square-foot office campus at 5600 Headquarters Drive in the Dallas, TX suburb of Plano. The property, which was owned by the soft drink maker, was last valued by the Collin County Appraisal District at more than $60 million. Rubenstein plans to upgrade the lobby and amenities at the headquarters-like designed campus, including a new fitness center, tenant lounge, conference center and dining area.