Friday, September 10, 2010
ARA Orlando-based principal, Kevin Judd (top right photo); ARA Boca Raton-based principal, Richard Donnellan (top left photo) , and ARA Tampa-based vice president, Patrick Dufour (lower right photo), represented an institutional seller. The property, located at 2333 Lake Debra Drive, was 94% occupied at the time of the sale.
Built in 1998 and extensively renovated in 2005-2006, the property boasts frontage on both the MetroWest golf course and Turkey Lake, a large recreational lake with an adjacent 300-acre park.
“Gates of Harbortown also offers its residents many high-end unit features, a variety of floor plans and extensive community amenities, placing the property among the most luxurious rental communities in the Greater Orlando market.”
Gates of Harbortown is located in the master-planned MetroWest community, an 1,800-acre, $960 million mixed-use development which today, 20 years after breaking ground, is approximately 95% built out.š MetroWest is home to thousands of single-family and multifamily dwellings, 750,000 square feet of retail space, 1.5 million square feet of office space and 590 acres set aside for golf courses, lakes and roads.š
Contact: Marti Zenor mzenor@ARAusa.com, 561.988.8800 x112 Direct 954.205.5207 Cell 561.988.8810 Fax
Michael McCormac Rejoins Grubb & Ellis as Vice President, Office Group in San Francisco Peninsula Office
SAN FRANCISCO, CA – Grubb & Ellis Company (NYSE: GBE), a leading real estate services and investment firm, today announced that Michael J. McCormac (top right photo) has rejoined the firm as vice president, Office Group.
Focusing primarily on landlord representation, McCormac will be based in the company’s San Francisco Peninsula office, which has grown by six professionals in the past 12 months.
“I am thrilled Mike has rejoined Grubb & Ellis. Since he began his career with the company 16 years ago, he has become an energetic, dedicated professional with a proven and successful track record,” said Mark Geisreiter, (lower left photo) executive vice president, regional managing director, Bay Area. “I look forward to having his expertise and experience on our team.”
While in this position he completed more than 800,000 square feet of lease transactions for the company’s regional portfolio, which totaled more than two million square feet from Denver to the San Francisco Bay Area.
Previously, McCormac was the leasing director for Hines Interests L.P. and Prometheus Real Estate Group, respectively. He began his career in commercial real estate with Grubb & Ellis in 1994.
McCormac, a native San Franciscan, holds a bachelor’s degree from the University of California, Berkeley.
Contact: Julia McCartney, Phone: 714.975.2230, Email: firstname.lastname@example.org