The following is a selection of media placements for Great Ink clients and a summary of each.
Dottid
May 20, 2021
By Paul O'Donnell
Dottid, a Dallas tech firm building a software-as-a-service platform for the commercial real estate industry, is getting a $4.5 million cash infusion in a new investment round. The company’s software contains visual tools for tracking office, retail and industrial real estate transactions from vacancy to tours and deal signing to move-in. It has doubled square footage tracked in its platform to more than 20 million since the beginning of this year.
Populous
May 20, 2021
By Don Muret
The evolution of LED technology at sports venues has grown to become part of the stadium architecture, designed into exterior walls and roof structures. TQL Stadium, the new home of Major League Soccer’s FC Cincinnati, is the first stadium in North America to feature LED schemes on the outer portions of the stadium which have the ability to display motion sequences and messaging images. Saco Technology was the LED lighting provider for the project.The stadium was designed by Populous.
Castle Lanterra Properties
May 19, 2021
Dwight “Arne” Arnesen and Frank Small have joined Castle Lanterra Properties as senior managing directors to spearhead the firm’s national expansion into new markets and property types. The firm plans to acquire 15,000 units over the next three. years and branch out into the senior housing, industrial and medical office sectors. Arnesen joins as head of acquisitions and Small as portfolio manager.
Simone Development Companies
May 19, 2021
By Kevin Zimmerman
Advanced Therapy and Performance LLC has leased 12,060 square feet for a new facility at 316 Courtland Ave. in Stamford. The announcement was made by Simone Development Assistant Vice President of Leasing Josh Gopan, who noted that the lease brings the 116,500-square-foot property to 94% occupancy.
Fried, Frank
May 18, 2021
Fried Frank served as pro bono counsel to Luria Academy in connection with its $10.7 million financing for a planned conversion of the academy’s three-story, 34,000-SF former industrial facility in Prospect Heights to a school for 4-8th grade students.
Asland Capital Partners
May 7, 2021
By Gail Kalinoski
Development of the first phase of Northeast Heights, a 258,500-square-foot mixed-use office and retail building in Washington, D.C., will begin with a $105 million loan from J.P. Morgan for the Opportunity Zone redevelopment.Cedar Realty Trust, which has been planning the project for at least a year, also announced a new joint venture with Asland Capital Partners and the Goldman Sachs Urban Investment Group.The office space is leased to the Washington, D.C., Department of General Services and will be used as the agency’s headquarters.
May 11, 2021
By Joe Bousquin
An article in Multifamily Executive focuses on the rise of proptech in the institutional apartment space over the past year, when the COVID-19 pandemic drastically accelerated the adoption of technology at apartment communities to automate, or make remote, functions that were once handled face to face. Experts from The RADCO Companies, Waterton and Castle Lanterra Properties are quoted.
RFR Realty
May 11, 2021
By Lois Weiss
RFR is in contract to buy 522 Fifth Avenue’s retail space, after picking up the office portion last fall, and will start pitching the soon-to-be-vacant Midtown tower for a single tenant. Renovation plans include turning three, huge L-shaped setbacks into planted outdoor spaces; creating a new sleek lobby along West 44th Street; and, most important in Aby Rosen’s mind, having the office tenant control the retail storefront by using it as a showcase for its own products, or for restaurants and amenity spaces for its own employees.
Savanna
May 10, 2021
By Cathy Cunningham
Savanna wrapped $264 million in construction financing for its signature office-and-retail project at 141 Willoughby Street in Downtown Brooklyn. JLL’s Aaron Niedermayer and Kellogg Gaines negotiated the financing. When completed, the much-anticipated development will feature floor-to-ceiling windows, outdoor terraces and 360-degree views. Its design also encompasses numerous health and wellness features — more important than ever in a post-COVID world— such as specific space planning to minimize occupant congestion in common areas and amenity spaces; touchless entry on elevators, lobby turnstiles and the building entrance; increased percentages of outside air pumped throughout the building and a top-notch HVAC system to circulate clean and healthy air; and antiviral and antimicrobial materials in high-traffic areas.