Member News  

NAIOP Member News offers members the opportunity to promote important announcements from their company. These include personnel transactions (hirings, promotions), company news (awards, relocations, stock reports, mergers and acquisitions) and deals (purchases, sales, major financing, awarding of property management contracts, groundbreaking and topping off, leases and land sales).

Submit your news using the online form. NAIOP will review submissions for length, clarity and appropriateness. Press releases sent directly to NAIOP may not be included.

09/19/2019 Personnel News

CapRock Partners Promotes Nicholas Ilagan to Senior Vice President, Asset Management

CapRock Partners

CapRock Partners, a California-based industrial real estate investment and development firm celebrating its 10-year anniversary in 2019, today announced the promotion of Nicholas Ilagan, a seasoned real estate industry leader, to senior vice president, asset management. With his new designation, Ilagan continues his role of overseeing asset and property management for CapRock’s owned and third-party managed assets. He takes on more leadership responsibility as the firm grows its portfolio and expands into new markets. He also will oversee the firm’s corporate marketing initiatives. “Nicholas is a valued leader in our company and is directly responsible for all of our assets under management in California, Arizona, and Nevada. He often leads communications with CapRock’s capital partners, collaborating with our third-party brokerage teams on our leasing and sales efforts, and interacting with our tenants, all with excellence,” said Jon Pharris, co-founder and president of CapRock Partners. “Nicholas has worked hard to improve and expand CapRock’s portfolio of assets and this promotion is very well-deserved.” Ilagan’s promotion comes as CapRock pursues a strategic growth initiative, acquiring new assets for value-add investment and ground-up development, expanding its presence into new markets and increasing its employee base. Ilagan initially worked with CapRock as a strategic consultant to create the company’s internal property management platform and officially joined the company in 2016. He was recognized as one of “Tomorrow’s Leaders” by Real Estate Forum magazine. Ilagan earned his Bachelor of Science in Business Administration with an emphasis in finance from Chapman University, where he was named the Ralph Leatherby Center for Entrepreneurship and Ethics “Emerging Entrepreneur of the Year.” Ilagan holds his California Real Estate Salesperson license and is a member of the Institute of Real Estate (IREM) and Building Owner and Managers Association (BOMA).

Contact: Nicole Deermount, 714-263-8746

09/16/2019 Personnel News

SoundEarth Strategies Welcomes Rik Langendoen as Managing Principal

SoundEarth Strategies, Inc.

SEATTLE, September 16, 2019—SoundEarth Strategies, Inc. (SoundEarth) is pleased to announce that Rik Langendoen has joined the company as a Managing Principal. Langendoen has more than 30 years of experience managing client accounts and sophisticated projects in environmental consulting, bringing a vast background in guiding clients through challenges ranging in size and complexity. “Rik is an ideal fit with SoundEarth and our vision for the company’s growth and development,” said Al Davis, CEO at SoundEarth. “He offers us a diverse background that includes solving environmental challenges using the full spectrum of services provided by SoundEarth and will be a great asset to our clients. Our entire team is thrilled to welcome him.” Langendoen acts as a strategic partner for his clients, which have included relatively small clients to Fortune 500 companies in a variety of industries spanning architecture, engineering, site development and redevelopment, renewable energy, and resource extraction and mining. He also has extensive experience with troubleshooting and turnarounds of projects and programs. “I am really excited about joining SoundEarth because it provides our clients a unique blend of responsive, high quality and cost-effective solutions-oriented environmental services, and it has a culture of really listening to and understanding our client’s needs—it is a natural fit for me,” Langendoen said. Over the last year, SoundEarth has implemented a number of actions to carry out its strategic growth plan focused on expansion geographically and into new client industry markets. These actions have included the opening of the company’s Tacoma office in December 2018 and the company’s acquisition of EHS-International in April 2019.

Contact: Christy Kobeski, 206-436-5929

09/12/2019 Personnel News

Walter Bronson Promoted in Dewberry’s Mount Laurel, New Jersey, Office

Dewberry

Dewberry, a privately held professional services firm, announced that Walter Bronson Jr., PE, CME, LEED AP, has been promoted to land development department manager in its Mount Laurel, New Jersey, office. Bronson has more than 30 years of experience as a design engineer and project manager in site/civil engineering and land development for commercial office, retail, residential, educational, municipal, solar, and industrial development and redevelopment projects including several LEED Certified projects Bronson earned his bachelor’s in civil engineering from Pennsylvania State University (1985). He is a professional engineer in New Jersey and Pennsylvania, a LEED Accredited Professional, and a certified municipal engineer in New Jersey. Bronson is a member of the National Association of Industrial and Office Properties (NAIOP) and the New Jersey Society of Municipal Engineers (NJSME). About Dewberry Dewberry is a leading, market-facing firm with a proven history of providing professional services to a wide variety of public- and private-sector clients. Recognized for combining unsurpassed commitment to client service with deep subject matter expertise, Dewberry is dedicated to solving clients’ most complex challenges and transforming their communities. Established in 1956, Dewberry is headquartered in Fairfax, Virginia, with more than 50 locations and 2,000+ professionals nationwide. To learn more, visit www.dewberry.com.

Contact: Sandra Ammar, 703-815-4971

09/11/2019 Company News

H. HENDY ASSOCIATES COMPLETES DYNAMIC INNOVATION CENTER, COLLABORATIVE WORKSPACE FOR LEADING BUSINESS SOFTWARE FIRM

H. Hendy Associates

H. Hendy Associates (Hendy), an award-winning interior architecture and planning firm, today announced the re-design completion of 3366 Via Lido, a historic landmark of Newport’s Marina Lido Village. Business software company SAP now occupies the space that is home to its new Southern California-based Innovation Center and HanaHaus. Designed to be a beacon for innovation and creativity, the workspace seamlessly blends two segments – a dynamic coworking environment open to the public, and a research and development center for the company – for the first time since inception. The 16,000-square-foot collaborative workspace will serve Orange County’s thinkers, makers and innovators and bring an unconventional and creative workspace experience to the region. SAP occupies a historic building on the Newport Beach Bayfront owned by Burnham-Ward Properties, one of the region’s leading developers known for creating community through property. The building, which includes an adjacent marina, is located at 3366 Via Lido, and was initially developed as Newport Balboa Savings Bank in the early 1950s, offering clients a yacht-in banking experience. Today, the property gives SAP access to local businesses and top research institutions and is comprised of two spaces. HanaHaus serves local entrepreneurs, idealists, capitalists, students and those with a passion for creativity. SAP Innovation Center is home to the company’s Southern California-based researchers, engineers, designers and developers. "We’re honored to have partnered with SAP to bring a new purpose-driven destination to Orange County that serves as a nucleus for the region’s pioneers and changemakers and fosters a community with a spirt for creativity and fire for discovering tomorrow’s solutions, today,” said Jennifer Walton, principal at Hendy. “Our overarching goal was to create an unparalleled R&D and collaborative workspace that breaks boundaries and becomes a best-in-class example of uniting public and private entities under one roof.”

Contact: Angelyssa Granillo, 714-263-8743

09/10/2019 Company News

Burke Special Projects is Excited to be Working on FlyOver Las Vegas

Burke Construction Group

LAS VEGAS, September 10, 2019 - Burke Special Projects is excited to be soaring over the Strip with the FlyOver Las Vegas flight simulator, which will open in the first quarter of 2021. FlyOver Las Vegas will be the third FlyOver attraction, following FlyOver Canada in Vancouver and FlyOver Iceland. FlyOver Las Vegas will be utilizing state of the art technology, which will give customers the feeling of flight. You will be suspended, feet dangling, before a 52-foot spherical screen and the film will whisk you away on a roller-coaster journey over and above Las Vegas and more local wonders. This ride includes special effects such as wind, mist and scents which create an unforgettable experience. This new attraction will be located on the Las Vegas Strip and will highlight iconic destinations in and around Nevada. Locations expected include the Grand Canyon, Zion and Arches National Park as well as the beautiful Lake Tahoe in California. Burke Special Projects is very excited about working with FlyOver Las Vegas and can’t wait to start working on this new state-of-the-art Las Vegas attraction. For more information, please contact Gitana Cafasso with Burke Special Projects at (702) 367-1040 or marketing@burkecgi.com.

Contact: Gitana Cafasso, 702-367-1040

08/29/2019 Company News

RBH GROUP, TOGETHER WITH THE BLAU & BERG COMPANY AND HUDSON, SECURE OVER 35,000 SF OF RETAIL LEASES IN SOCIAL IMPACT PROJECTS DEVELOPED BY RBH GROUP IN DOWNTOWN NEWARK

The Blau & Berg Company

NEWARK, NJ, August 26, 2019 – The Blau & Berg Company and Hudson recently signed multiple leases for three retail properties in Newark, NJ on behalf of RBH Group, a community-oriented developer headquartered in Newark and specializing in social impact developments. The deals were brokered by Christian Benedetto, Director of Business Development, The Blau & Berg Company, and Greg Levine, SVP at Hudson, and Founder of Synergy Realty Advisors. The mix of 14 retail tenants reflects 10 small businesses, 9 minority owned businesses and 8 women-owned businesses. The first property, Teachers Village, is a mixed-use community located on five blocks along Halsey Street in the heart of downtown Newark. Offering first-class amenities, the project features 60,000 SF of retail, 204 fully-occupied residential units, 3 charter schools and a daycare facility. New retail leases recently signed and totaling more than 20,000 SF include Inspira Performing Arts & Cultural Center; Dressed Up; Mangia Organica; Brick City Strength; Divino Tasting Room, Eatery & Lounge; The Chen School and Brilliant Smiles Pediatric Dentistry. Rutgers University-Newark’s Honors Living-Learning Community (HLLC), a 320,000 SF new development, is located on the block bounded by Washington, Halsey, New and Linden Streets in downtown Newark. It includes a 400-bed Rutgers University student housing component and 25,000 SF of retail. Recent tenants to sign leases and take advantage of this prime location with access to the built-in student population and proximity to a large daytime workforce include Serena Space Yoga, Mangia Organica, Xi’an Taste, Shawafel House and Jersey Mike’s Subs. Columbia Bank recently opened its 50th community branch on the ground floor of 905 Broad Street below the Great Oaks Charter School, which occupies the balance of the building located across from City Hall.

Contact: Whitney Driver-Crimmins, 973-379-6644

08/22/2019 Deal

Dermody Properties Acquires 29+ Acres in Bethel Township, Pa. For New LogistiCenter℠ At Midway South

Dermody Properties

Dermody Properties, a national private equity real estate investment, development and management company focused exclusively on the logistics real estate sector, has acquired more than 29 acres at 9024 Old Route 22 in Bethel Township, Pennsylvania. It will be the future home of LogistiCenter(SM) at Midway South. Construction is underway on a 304,000-square-foot facility, located at Interstate-78 Exits 15 & 16, with connections to Interstate-81, Interstate-476 and Interstate-76 (the Pennsylvania Turnpike). Construction is estimated to be complete by the end of the year. The property is suited for manufacturing, warehouse/distribution and ecommerce companies. Once construction is complete, the building will offer the full 304,000 square feet available for lease. It has a 36-foot clear height, 44 fully equipped dock doors, a 54-foot by 60-foot loading bay, 89 trailer stalls and 151 car park spaces, all attributes required for ecommerce. Corporate neighbors include Samsung, Dollar General and PetSmart. The property is conveniently located in Bethel Township, capturing more than 51 million households and allowing access to more than 36 percent of the U.S. & 60 percent of the Canadian population within a one-day truck drive. Representing the project for leasing are Gerry Blinebury, Executive Managing Director, Adam Campbell, Executive Managing Director, and Jeff Williams, Senior Director, all of Cushman & Wakefield.

Contact: Chrisie Yabu, 775-686-7437

08/15/2019 Company News

Dermody Properties Leases 475,800 SF in Pennsylvania to Radial

Dermody Properties

EASTON, Pa. – Dermody Properties, a national private equity real estate investment, development and management company focused exclusively on the logistics real estate sector, recently leased 475,800 square feet to Radial, Inc. at LogistiCenter℠ at 33 in Easton. A leader in integrated ecommerce technology and operations, Radial connects supply and demand through efficient fulfillment and transportation options, intelligent fraud prevention, payments, tax systems and personalized customer care services. Radial’s presence at LogistiCenter℠ at 33 marks the company’s first on-the-ground fulfillment presence in the state of Pennsylvania. Radial plans to provide nearly 100 management and hourly positions initially, as well as 700 hourly positions later this year to meet customer demand during the holidays. LogistiCenter℠ at 33 is a 475,800-square-foot building, now fully occupied by Radial, located in the Lehigh Valley just minutes from Interstate 78 and Route 33. The property’s attractive location near major cities makes it a perfect transportation and warehousing hub for a company like Radial. “The location of this property is ideal for Radial’s ecommerce, fulfillment and transportation operations, providing proximity to major East Coast markets and population centers,” said Eugene Preston, East Region Partner for Dermody Properties. LogistiCenter℠ at 33 is within minutes of several national companies including Amazon, UPS, FedEx, Porsche, Mondelēz International, Inc., BMW and Walgreens. With a surrounding population of 781,850 and a workforce of 412,000 within 25 miles of the property, LogistiCenter℠ at 33 is ideally suited for ecommerce and fulfillment. The facility features a 36-foot clear height, 226 car parking spaces and 85 trailer parking spaces. Larry Maister and Jeff Lockard of JLL represented Dermody Properties in the leasing transaction, with Radial represented by William Wolf of CBRE.

Contact: Chrisie Yabu, 775-686-7437

08/15/2019 Personnel News

Pogue Appointed to Westwood Vice President Role

Westwood Professional Services

Randy Pogue, PE has been promoted to a vice president position within the firm’s Land Division. Pogue’s promotion represents one of seven new vice presidents the firm announced this week. Leading operations and business development for the division’s southern region, Pogue is highly capable and respected among staff, clients, and peers. He focuses on mentorship, team culture, and client satisfaction to support long-lasting success for all project stakeholders. Pogue joined Westwood through an acquisition of his firm in 2015. He participates in countless professional organizations and has served as an elected official of the City of McKinney, Texas. On the seven recent promotions, President/CEO Paul Greenhagen, PS says, “Our new officers represent an exciting step forward in Westwood’s growth strategy. As newly appointed vice presidents, we recognize the importance and magnitude of each persons’ role, their contributions to the success of our business, and their strength as leaders going forward. I look forward to engaging each of them on Westwood’s long-term strategies.” About Westwood Professional Services, Inc. (Westwood) Westwood is a multi-disciplined national surveying and engineering services provider for private development, public infrastructure, wind energy, solar energy, energy storage, and electric transmission projects. Westwood was established in 1972 in Minneapolis, Minnesota and has grown to serve clients across the nation from multiple US offices. https://westwoodps.com/recent-blog-posts/pogue-appointed-westwood-vice-president-role

Contact: Marissa Arnquist, 952-697-5749

08/13/2019 Personnel News

Dermody Properties Hires Commercial Real Estate Veteran Matthew J. Mexia as Partner in Southern California

Dermody Properties

NEWPORT BEACH, Calif. — Dermody Properties, a national real estate investment, development and management company specializing in acquisitions and development of logistics properties, has hired Matthew J. Mexia as Partner, Southern California, to manage properties in the southern part of the state. He is based in Orange County. In this role, Mexia will source and execute acquisition and development opportunities in the southern California market, consistent with Dermody Properties’ strategy of acquiring and developing Class A logistics facilities in infill submarkets. Mexia will also work in asset management and customer relations for the region. Dermody Properties has been active in this market in the past two years, with current acquisitions and developments including LogistiCenter℠ at Rialto (Rialto, Calif.), LogistiCenter℠ at Park Meridian (Riverside, Calif.) and LogistiCenter℠ at Fontana (Fontana, Calif.). Before joining Dermody Properties, Mexia was Managing Partner at Industrial Capital Advisors, Inc., where he co-managed the firm in sourcing industrial acquisition opportunities for institutional clients and capital partners, with added responsibilities in marketing, business development and investor relationships, and where he closed more than 100 million dollars in industrial real estate transactions. Prior to that, he was Vice President of Capital Markets Services at DTZ, covering the entire Western United States, where he coordinated investment offerings and provided transaction services and strategic planning to investors and global corporate clients. Mexia has also served as the Director and Vice President of Investment Services at NorthMarq, for the Western United States. Mexia is a member of the Urban Land Institute (ULI) and the National Association for Industrial and Office Parks (NAIOP). He is a Certified Commercial Investment Member (CCIM) and has his California Real Estate Broker License.

Contact: Chrisie Yabu, 775-686-7437

08/08/2019 Company News

David S. Brown Enterprises Signs 15,434 Square-Foot Office Lease at Metro Centre

David S. Brown Enterprises

Owings Mills, MD - (July 23, 2019) SB & Company, a certified public accounting and business advisory firm, has signed a lease with David S. Brown Enterprises, LTD. for 15,434 square-feet of space within Metro Centre in Owings Mills, MD. The company, which serves clients throughout the Mid-Atlantic and Southeast regions of the U.S., will occupy 10200 Grand Central Ave. within the transit-oriented mixed-use development. The company will move 75 employees to the building in August.

Contact: Ron Miller, 410-581-2426

08/07/2019 Company News

H. HENDY ASSOCIATES COMPLETES NEW CORPORATE OFFICE FOR LEADING SPORTS AND ENTERTAINMENT SOLUTION PROVIDER, PACIOLAN

H. Hendy Associates

Award-winning interior architecture and planning firm H. Hendy Associates (Hendy) today announced the completion of a new corporate office for Paciolan, a leader in ticketing, fundraising, marketing, and analytics solutions. Located in Irvine at 5291 California Ave, Hendy delivered a two-story branded and employee-centric office space designed to support business growth and inspire team interaction. To enhance business operations and create opportunities for cross-functional work – specifically among Paciolan’s growing technology teams – the first floor features an open office layout including 14-foot high ceilings and myriad work and meeting spaces. Key elements include sit-stand workstations; on-demand collaboration zones with white boards and HDTVs; huddle rooms, and small, glass enclosed conference rooms. A hallmark of the new space includes a state-of-the-art network operations and data center equipped with 20 large HDTVs. The environment enables Paciolan to monitor clients’ ticket sales, fundraising, marketing, website analytics, and customer behavior in real time and at any time of day. To bring the Paciolan brand to life, the Hendy team incorporated sports and entertainment memorabilia throughout the space including graphics of performers and athletes, framed football and basketball jerseys and large HDTVs showcasing live footage of clients’ events. The office design also features a clean and industrial look and feel including concrete floors, open ceilings, neutral tones, accent walls and pops of red to represent Paciolan’s brand aesthetic.

Contact: Angelyssa Granillo, 714-263-8743

08/05/2019 Company News

Driver SPG Promotes Aimee Siemianowski to Senior Vice President

C.W. Driver Companies

ANAHEIM, Calif. – Aug. 5, 2019 – Driver SPG, a special projects group of legacy builder C.W. Driver Companies, today announced the promotion of Aimee Siemianowski to senior vice president. In her new role, Siemianowski will leverage two decades of commercial real estate experience to oversee all Driver SPG projects while managing the company’s budget, operations, business development efforts and long-term business strategy. “Aimee’s strong work ethic, impressive leadership skills and financial savvy have been invaluable to our business since she joined the company,” said Karl Kreutziger, president of C.W. Driver Companies. “Her vision has enhanced the trajectory of Driver Special Projects Group and we are excited for the greater impact she will make in her elevated position as senior vice president.” Siemianowski will continue to work alongside C.W. Driver Companies’ executive management team and Driver SPG’s leadership team to deliver excellent work while continuing to grow the company. She will oversee all aspects of the construction process, including contract negotiations, safety, quality, scheduling, subcontractor support and project management. Previously, Siemianowski served as vice president of TynanGroup, Inc., a national real estate development services firm. She earned a bachelor’s degree in design from Florida State University and is based in the company’s Anaheim office.

Contact: Jade Terry, 714-263-8752

07/31/2019 Company News

Network Realty Partners Scores First Major Acquisition with Union Square in NoMa

Network Realty Partners

Network Realty Partners (NRP) and equity partner, USAA Real Estate, have acquired the 625,506 square foot Union Square office complex located at 899 and 999 North Capitol Street, NE, in the heart of DC’s rapidly evolving NoMa neighborhood. This is the company’s first major acquisition and is reported to be DC’s largest office sale of this year.

Contact: Rod Lawrence, 202-369-5076

07/31/2019 Deal

Caprock Partners Sells Value-Add Industrial Property in Northern San Diego County

CapRock Partners

CapRock Partners, a California-based industrial real estate investment and development firm celebrating its 10-year anniversary in 2019, today announced the sale of 1395 Park Center Drive, a 155,069-square-foot freestanding industrial business center in Vista, Calif., to an institutional investor. CapRock Partners acquired the property in January 2018 from owner-user Vista Industrial Products as a strategic addition to its value-add portfolio. Upon acquiring 1395 Park Center Drive, CapRock initiated a comprehensive improvement plan to enhance the property’s aesthetic and functionality, and promptly leased 100% of the asset to ShipCalm, a third-party logistics and fulfillment service company. “San Diego is one of the most sought-after industrial markets in the nation with vacancies at 4 to 5%,” said Nicholas Ilagan, vice president of asset management at CapRock Partners. “Surrounded by a strong employment base, we created a facility that provides a pleasing work environment and reflects the high quality of life in San Diego, making it a magnet for local and out-of-state tenants.” CapRock Partners reimagined 1395 Park Center Drive to include a multi-tenant demising floor plan to appeal to a variety of users. The renovations began with the warehouse demolition of the prior user’s manufacturing operations and removing demising walls throughout the warehouse, which opened up the building’s interior. CapRock then brought the building to a move-in ready condition for a new distribution, manufacturing or flex user by making improvements that included the removal of full height walls, several rooms and offices, electrical panels and other miscellaneous structures, and topped off the project with an overhaul of the property’s surrounding landscape. 1395 Park Center Drive is within minutes to key transportation routes I-15 and I-5, making it accessible to Orange County, Downtown San Diego and the U.S.-Mexico border. The property also is within a five-minute drive to the McClellan-Palomar Airport.

Contact: Nicole Deermount, 714-263-8746

07/29/2019 Deal

CapRock Partners Acquires Class A Industrial Asset in Phoenix

CapRock Partners

CapRock Partners, one of the fastest growing private industrial investment and development firms focused solely on the Western U.S., announced today it closed escrow on a 226,436-square-foot, Class A industrial property – known as Papago Distribution Center – in Phoenix, Arizona. CapRock, along with an institutional client advised by CenterSquare Investment Management, purchased the property from a global asset manager for an undisclosed amount. Papago Distribution Center is CapRock’s second acquisition in the Phoenix submarket and represents the company’s continued strategic expansion into key markets beyond California. “As the one of the fastest growing cities in the U.S., the dynamics of the Phoenix market align with CapRock’s growth strategy,” said Bob O’Neill, senior vice president of acquisitions at CapRock Partners. “With the region boasting a strong employment base and a flourishing economy, our team sees tremendous opportunity to invest and establish a foothold in greater Phoenix, especially as many corporations seek out alternative locations from the more expensive coastal markets.” Papago Distribution Center is 100% occupied by Updike Distribution Logistics. The modern facility features approximately 5,000 square feet of office space, 30-foot clear heights, 60 dock high doors and 3 drive-in ramps. As Arizona continues to outpace national growth rates, CapRock is seeking out additional opportunities in Greater Phoenix. The company currently owns approximately 340,000 SF of industrial space in the submarket and is in escrow on multiple buildings totaling an additional 450,000 SF, which is on track to close by yearend. Pursuing a strategic growth initiative throughout the Western U.S., CapRock is actively acquiring land for development and value-add industrial buildings in California, Nevada and Phoenix. CapRock, with its partners, is currently under development on nearly four million square feet of development in California.

Contact: Nicole Deermount, 714-263-8746

07/17/2019 Personnel News

Dermody Properties Hires Tyler Scheppmann as Vice President, Investor Relations

Dermody Properties

Chicago, Ill. – Dermody Properties has announced that Tyler Scheppmann is the firm’s new Vice President of Investor Relations. He is responsible for all aspects of the company’s business concerning investor relations, fund strategy and capital execution and he will work closely with Kathleen Briscoe, Partner and Chief Capital Officer. Dermody Properties is a privately-owned real estate investment, development and management firm, which specializes in investing in acquisitions and development of logistics real estate in strategic locations for ecommerce fulfillment centers, third party logistics and distribution customers. Prior to joining Dermody Properties in 2019, Scheppmann was Vice President of GLP where he was responsible for fund management across the U.S. industrial platform, including strategy, syndication and communication with 14 global institutional fund partners across three funds, totaling $7 billion in equity commitments. Prior to his role at GLP, Scheppmann served as Manager of Corporate Finance at Brookfield Properties’ Retail Group (formerly GGP) with responsibilities covering finance, investments and capital markets. He also worked in mergers and acquisitions investment banking with Lincoln International and BMO Capital Markets. Scheppmann holds a Bachelor of Science degree in Finance from the University of Iowa - Tippie College of Business, where he was an active member of the Hawkinson Scholars Program and Delta Sigma Pi business fraternity. He has previously held Series 7 & 63 accreditations. Scheppmann is active in various industry groups including PREA, NAREIM, ULI, NAREIT, and NAIOP. He will be based in the Chicago/Midwest Regional office of Dermody Properties. To read more about Scheppmann, visit his bio here: https://dermody.com/team/tyler-scheppmann/

Contact: Chrisie Yabu, 775-686-7437

07/17/2019 Company News

LANCARTE COMMERCIAL ANNOUNCES LAUNCH OF REAL ESTATE SERVICES

LanCarte Commercial

LanCarte Commercial – a premiere real estate firm offering commercial investments and brokerage services – announces its company launch, offering tenant representation, leasing, investments, as well as sales and acquisition support. Founded by Sarah LanCarte, a prominent figure in the commercial real estate industry, she created the company with the vision of doing things differently. “After working for large companies in this industry, I often saw agents operating individually rather than as a team,” said LanCarte. “I wanted to change that standard and offer a combined mindshare approach. I’ve brought together a team of talented individuals who all have an entrepreneurial spirit and value cross-team collaboration. Our team comes to the table with energy and enthusiasm, sharing ideas and industry trends, so we may be at the forefront of finding the best solutions for our clients.” Prior to establishing LanCarte Commercial, LanCarte successfully spearheaded the creation and growth of Fort Capital’s commercial division and, as principal at Transwestern, she closed more than 200 transactions totaling more than 7.5 million square feet. She was also the youngest person nationally to make partner at Transwestern. Additionally, LanCarte served as President of Commercial Real Estate Women Fort Worth (CREW) in 2018 and has been awarded several industry honors, including: “Top Commercial Brokers” by Fort Worth Magazine; “Top 20 In Their 20s” by Fort Worth Business Press; “35 Under 35: Dallas’ Rising Stars of Commercial Real Estate by Bisnow; “Power Broker” by D CEO; and “Heavy Hitters” by Dallas Business Journal. LanCarte’s team also includes: David De Carion as Vice President; David Corley as Industrial Brokerage Associate; and Lori Loftis as Client & Transaction Manager. The company recently purchased a 6,000 square-foot office building in Downtown Fort Worth’s Uptown District, located at 209 North Hampton Street across from Cowtown Brewing Co., where it will occupy space for operations.

Contact: Sohana Kutub, 214-693-4501

07/15/2019 Company News

C.W. Driver Companies Breaks Ground on New TK-8 Facility for One of The Nation’s Largest Charter Schools

C.W. Driver Companies

C.W. Driver Companies, a premier builder celebrating its centennial this year, broke ground on Granada Hills Charter’s new $34 million facility. The new space will allow the school to expand its curriculum to offer transitional kindergarten (TK) through eighth grade programs and will enable the school to increase its capacity to more than 6,000 students. Recognized as one of the largest charter schools in the U.S., construction of the new facility is expected to complete in August 2021. The project includes the demolition of pre-existing buildings, installation of interim portable classrooms and construction of the more than 90,000-square-foot TK-8 campus. The new structure will include a three-story, 48-classroom building; full-service kitchen and eating area; multi-purpose room; lighted sports field; locker rooms; basketball courts and an administrative office as well as additional parking and pick up/drop off areas. “This expansion is a major accomplishment that is many years in the making for Granada Hills Charter,” said John Kately, project executive at C.W. Driver Companies. “We are confident that our extensive experience in building K-8 facilities will allow us to deliver a high-quality educational environment that is tailored to Granada Hills Charter’s diverse educational, athletic and extracurricular offerings.” First year enrollment will begin in fall 2019 with 384 spots available for transitional kindergarten, kindergarten, as well as first and sixth grades. Over the next five years the remaining grades’ programs will open, with a total TK-8 capacity of 1,425 students. Interested students are admitted via a lottery and will transition into Granada Hills Charter’s ninth through 12th grade program upon completion of eighth grade.

Contact: Nicole Deermount, 714-263-8746

Trammell Crow Company CenterPoint Properties