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ONTARIO, CA-Landmark Equity Partners LLC of Irvine grabs the Palmetto Village Apartments from a San Fernando Valley seller. The acquisition closed with about $9.1 million in debt financing and $3 million from a JV partner.
PORTLAND, OR-The operator of local restaurants, bars and nightclubs takes on the largest public assembly space in Old Town with plans for a restaurant, bar and nightclub that will have an island theme similar to that of its most recent tenant, Banana Joe's.
NEW YORK CITY-Jones Hirsch Connors & Bull P.C. is packing up its Midtown offices and moving Downtown to an entire floor at One Battery Park Plaza. The space, leased for 10 years, will serve as the firm's corporate headquarters.
ATLANTA-Parker Hudson's 30 years of industry experience is expected to benefit locally based Wells Real Estate Funds, where he becomes vice president of dispositions. Hudson's arrival comes as Wells forms two new teams within its acquisitions group.
LONDON-The driving licence agency DVLA has bought 43,000 sf of space next to its existing Swansea Vale building in South Wales. It now occupies 113,000 sf in the area
DETROIT-A number of recent deals have livened up the central Michigan and Downriver area of Detroit, including the sale and lease of multifamily and retail properties, handled by different companies.
LONDON-St Modwen has helped Australian mining company MIM Holdings exit Europe with dignity. It has bought the site of a former zinc smelting works at Avonmouth near Bristol
MIAMI-Gordon M. Messinger was previously with Codina Realty Services. As associate director for Alliance, based here, he is focusing on sales and leasing in the Airport West area and throughout South Florida.
FLORHAM PARK, NJ-Kushner Properties, as the new entity is known, will be in charge of managing and leasing commercial holdings that have grown to 7.5 million sf in the last 18 months.
ENCINO, CA-Richard H. Peltz, the chief information officer, is accorded the new title after having overseen design of its information technology since 2001. A 20-year professional, he joined the firm in 1997.