SRS Real Estate Partners March Transactions


Dallas, TX (PRWEB) March 29, 2013

SRS Real Estate Partners announces highlights of March transactions and new assignments.

Atlanta:

Carters, Inc. has leased a 4,200-square-foot space at The Mall of Georgia Crossing in Buford, Ga. It is located at 3385 Woodward Crossing Blvd. on the northeast corner of Woodward Crossing Boulevard and Buford Drive. Sarah Williams in the SRS Atlanta office represented the tenant, Carters in the transaction.

Chicago:

Tim Henry in the SRS Chicago office has been selected to handle the leasing of 1,000 to 4,000 square feet of divisible space available in the 8,100-square-foot freestanding building located at 5-19 Prairie Ave. in Highwood, Il. for Rock Prairie Partners, LLC.

Denver:

LOFT has leased a 4,463-square-foot space at The Streets at SouthGlenn in Centennial, Colo. and is expected to open this summer 2013. Lauren Bottonari in the SRS Denver office and Don Edrington represented the tenant, LOFT in the transaction.

Orlando:

Texas Roadhouse has leased a 2.62 acre pad site at River Club Plaza in Bradenton, Fla. The 235,000-square-foot retail development will be located at the intersection of Interstate Highway 75 and State Rd. 70. Garrett Williams in the SRS Orlando office represented the tenant, Texas Roadhouse in the transaction.

Black Lake Investors, LLC has leased space to Chuys at Black Lake Village in Kissimmee, Fla. The 7,500-square-foot Mexican restaurant with a 2,000-square-foot patio will be located at Black Lake Road and Irlo Bronson Memorial Highway. Jason Kaiser, CCIM in the SRS Orlando office represented the landlord, Black Lake Investors, LLC in the transaction.

John Artope and Adam Gerry in the SRS Orlando office have been selected to handle the retail leasing for SkyHouse?, the newest, luxury high rise in downtown Orlando. This 23-story, 320-unit multi-family project will feature an eight-level parking garage, pocket park and approximately 8,200-square-feet of ground-floor retail space.

Garrett Williams in the SRS Orlando office has been selected to oversee the site selection process for the Wisconsin-based Culvers restaurant chain in its expansion across the greater Tampa Bay area.

Newport Beach:

Planet Fitness has leased two new locations in Southern California. The first location is a 22,000-square-foot space at 570 South Mount Vernon Ave. in San Bernardino, Calif. The second location is a 16,475-square-foot space at 8610 Garfield Ave. in South Gate, Calif. Garett Colburn in the SRS Newport Beach office represented the tenant, Planet Fitness, in both transactions.

Phoenix:

E&Js Designer Shoe Outlet has leased a 9,052-square-foot space at Lincoln Plaza Shopping Center in Scottsdale, Ariz. It is located on the southwest corner of Lincoln Road and Scottsdale Road. Mike Polachek in the SRS Phoenix office represented the tenant, E&Js Designer Shoe Outlet in the transaction.

ACV Calzona, LLC has leased a 2,335-square-foot space to TitleMax at Plaza Seven in Phoenix, Ariz. It is located on the southwest corner of Union Hills and 7th Street. Ed Beeh, Chuck Gibson, and Brian Polachek in the SRS Phoenix office represented the landlord, ACV Calzona, LLC in the transaction.

San Francisco:

Vitamin Shoppe opened a 3,500-square-foot store on March 17 at the new Clovis Crossing Shopping Center in Clovis, Calif. It is located at 1205 Herndon Ave. and other tenants in the shopping center include Home Goods, Ulta Beauty, and Petco. Laura Tinetti in the SRS San Francisco office and Corey Bialow with Bialow Real Estate, LLC represented the tenant, Vitamin Shoppe in the transaction.

About SRS Real Estate Partners

SRS Real Estate Partners (SRS) is the largest national real estate company in the country exclusively dedicated to retail services. Headquartered in Dallas with multiple offices nationwide, SRS strong presence across the country provides the company with unparalleled local knowledge on a national platform. As a result, clients of SRS have a competitive edge through a full range of offerings including brokerage services, corporate services, development services, investment services and managed services. Since its inception in 1986, SRS has built a strong foundation in the retail real estate world and grown into one of the industrys most influential and respected leaders. For more information, please visit http://www.srsre.com.







Dream Town Partners with Coat Angels Charity


Chicago, IL (PRWEB) February 28, 2013

Since they were founded in 2006, Coat Angels has delivered more than 4,500 coats, hats and gloves to struggling Chicago children whose families could not afford to dress them properly.

In partnering with Dream Town Realty, the organization is aiming to provide for twice as many children during this winter, which would mean outfitting some 2,200 children with new winter wear. Already, Dream Town agents and staff have helped Coat Angels volunteers purchase and deliver more than 1,800 items, compared to the 1,100 items the organization managed to collect last winter.

The enthusiasm and support with which the Dream Town team has responded to this partnership is simply extraordinary, said Micki LeSeur, founder of Coat Angels. They have generously put every resource behind this partnership. We are incredibly fortunate and it is incredible the number of children we will be able to help this year.

In the initial stages of their partnership, Dream Town implemented a program that allows their team of Chicago real estate agents to automatically donate $ 25 of every commission to Coat Angels; the company then matches each of these donations, dollar for dollar. Dream Town has also worked to provide Coat Angels with select marketing materials, including website updates, HTML mailers, postcards, posters, newsletter design and a corporate sponsors page.

Dream Town is now extending its fundraising capabilities by providing every agent with a custom Coat Angels donations page, which allows the agents to spearhead independent fundraising efforts. The individual agent fundraising pages were launched in January of this year, each with an initial goal of raising $ 1,000 for the organization, and lets visitors give donations, post encouragement and learn more about the Coal Angels mission and structure.

Our goal is to generate funds as well as awareness, LeSueur explained of the event, not only for Coat Angels, but also awareness for the incredible need in the communities we serve.

To learn more about Coat Angels and their need for donors, sponsors and volunteers, visit the Dream Town Coat Angels page. For more information regarding their partnership with Dream Town Realty, contact Mary Scalzitti at mscalzitti(at)dreamtown(dot)com.

About Dream Town Realty

Dream Town is recognized as a leader in online Chicago real estate. Its top-ranked website, which assists users in browsing hundreds of Chicago condos, single-family homes and townhomes, receives thousands of unique visitors weekly. The company has developed proprietary technology and applications to improve online house hunting and offer the most advanced Internet home search currently available to Chicago buyers. Dream Town Realty provides residential buyer and seller services, as well as commercial and international divisions and REO sales.







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SRS Real Estate Partners January Transactions


Dallas, Texas (PRWEB) January 31, 2013

SRS Real Estate Partners announces highlights of January transactions and new assignments.

Atlanta:

Washington Square, a 63,361-square-foot neighborhood center in Gainesville, Ga. has sold for $ 4.5 million. It is located on the southeast corner of the intersection of John W Morrow Jr. Parkway and Pearl Nix Parkway adjacent to Lakeshore Mall. Kyle Stonis and Pierce Mayson in the SRS Atlanta office represented the seller, Mimms Enterprises, Inc. in the transaction.

Shoppers World has leased its third location in Georgia at the Plaza Fiesta shopping center in Atlanta, Ga. and plans to build out a 50,000-square-foot space for their new full-line value driven department store. It is located on the northeast corner of Buford Highway and Clairmont Road and is expected to open in spring 2013. Sarah Williams and Steve Gunning in the SRS Atlanta represented the tenant, Shoppers World in the transaction.

Shoe Carnival has leased a 9,056-square-foot space at Lawrenceville Market shopping center in Lawrenceville, Ga. It is located near the intersection of Duluth Highway 120 and University Parkway at 875 Lawrenceville Suwanee Road. Steve Gunning in the SRS Atlanta represented the tenant, Shoe Carnival in the transaction.

Austin:

Lago Vista Village, which is located at 20900 FM 1431 in Lago Vista, Texas has sold. The property is a mixed-use commercial development comprised of approximately 55,085-square-feet of retail and 11,145-square-feet of second story office space. Jason Middlebrook in the SRS Austin office represented the seller in the transaction.

A Chick-fil-A ground lease has sold at 18310 Blanco Road in San Antonio, Texas and a Whataburger ground lease has sold at 18330 Blanco Road in San Antonio, Texas. The properties are located directly across from Whole Foods and Super Target and serve the surrounding affluent communities that include Stone Oak, Sonterra, The Vineyard, Elm Creek, and Rodgers Ranch. Jason Middlebrook in the SRS Austin office represented the seller in both transactions.

Dallas:

Americas Best Contacts & Eyeglasses has leased its first Texas location in Lubbock, Texas. The 4,000-square-foot space is located on the northeast corner of 82nd Street and Quaker Avenue at Kingsgate North shopping center. Dawn Greiner and Ryan Johnson with SRS Real Estate Partners represented the tenant, Americas Best Contacts & Eyeglasses in the transaction.

Rusty Taco has leased a 1,828-square-foot space in Denton, Texas. It is located at 210 E. Hickory St. and will be Rusty Tacos tenth Texas location. Jason Puig and Lee Loftis represented the tenant, Rusty Taco, in the transaction.

Newport Beach:

Planet Fitness has leased a 15,000-square-foot space in the former Discount Citi building in Huntington Park, Calif. It is located on Alameda Street at East Florence Avenue. Garrett Colburn in the SRS Newport Beach office represented the tenant, Planet Fitness in the transaction.

The former Nissan building located at 20710 Hawthorne Boulevard in Torrance, Calif. sold to Sam Lim. The property is an 8,888-square-foot pad site situated on Hawthorne Boulevard between Emerald Street and Game Street. Garrett Colburn in the SRS Newport Beach office represented the seller, Torrance Nissan in the transaction.

Sleep Number has leased three new locations in Southern California in Glendale, Calif., Santa Barbara, Calif. and Santa Maria, Calif. The 3,380-square-foot Glendale, Calif. store is located on North Glendale Avenue and East Lexington Drive, just south of Highway 134. The 3,000-square-foot Santa Barbara, Calif. store is located on State Street and South La Cumbre Road, alongside Highway 101. The 2,728-square-foot Santa Maria, Calif. store is located on East Betteravia Road & Bradley Road, alongside Highway 101. Scott Landgraf in the SRS Newport Beach office represented the tenant, Sleep Number, in all three transactions.

Orlando:

TITLE Boxing Club has leased a 7,500-square-foot space at Winter Park Corners in Winter Park, Fla. adjacent to Whole Foods. It will open in the first quarter of 2013 and is expected to be the first of three initial Central Fla. locations for the expanding 50-store chain. Blake Hunter in the SRS Orlando office and Mike Leonard of Catalyst Commercial Group represented the tenant, EZ Fitness of Jacksonville Corporation, in the transaction.

Phoenix:

AutoNation has sold a 9.87 acre disposition parcel to Nuevo Comienzo, LLC in Phoenix, Ariz. It is located at the northeast corner of Camelback Road and 27th Avenue. Ed Beeh and Mike Polachek in the SRS Phoenix office along with Jacqui Blake with Cypress Equities represented the seller, AN Tucson Imports, LLC in the transaction.

CVS Pharmacy has purchased the El Mercado Shopping Center, a four-acre property located at the southeast corner of Broadway Road and Wilmot Road in Tucson, Ariz. Ed Beeh and Chuck Gibson in the SRS Phoenix office represented the buyer, CVS Corporation in the transaction.

Centerpoint Holdings, LLC has leased a 6,163-square-foot space to Zipps Sports Grill at Centerpoint on Mill in downtown Tempe, Ariz. It is located at the northwest corner of University Drive and Mill Avenue and will open this spring 2013. Brian Polachek and Mike Polachek in the SRS Phoenix office represented the landlord, Centerpoint Holdings, LLC in the transaction.

San Francisco:

Sleep Number has leased two new sites in Northern California, one in Pinole, Calif. and the other in Seaside, Calif. The 3,260-square-foot Pinole, Calif. store opened on Oct. 26, 2012 and is located at 1471 Fitzgerald Dr. The 3,454-square-foot Seaside, Calif. store opened on Nov. 7, 2012 and is located at 1957 Fremont St. Laura Tinetti in the SRS San Francisco office, Dawn Greiner and Carey Shagets in the SRS Dallas office, and Scott Landgraf in the SRS Newport Beach office represented the tenant, Sleep Number, in both transactions.

About SRS Real Estate Partners

SRS Real Estate Partners (SRS) is the largest national real estate company in the country exclusively dedicated to retail services. Headquartered in Dallas with multiple offices nationwide, SRS strong presence across the country provides the company with unparalleled local knowledge on a national platform. As a result, clients of SRS have a competitive edge through a full range of offerings including brokerage services, corporate services, development services, investment services and managed services. Since its inception in 1986, SRS has built a strong foundation in the retail real estate world and grown into one of the industrys most influential and respected leaders. For more information, please visit http://www.srsre.com.







Global Tower Partners Launches First Geothermal Cooled Cell Site in the U.S.

Boca Raton, FL (PRWEB) January 11, 2013

Global Tower Partners (GTP) today announced that it has deployed the first geothermal cooled wireless site in the United States in partnership with REHAU, a Leesburg, VA systems and service provider for polymer-based solutions. The stealth, alternative energy site resembles the color and texture of the original concrete Bluemont Grain Elevator built in 1900.

To create a much-needed cellular site that maintains the historical look and feel of this Virginia village was a huge undertaking, stated Tim Dennis, GTPs Site Development Director on the Bluemont project. After spending eight years to see this project through to fruition, weve created an infrastructure to serve thousands of wireless customers while preserving the significance of Bluemonts history and providing an environmentally-friendly energy solution at the same time, added Dennis.

Verizon Wireless has signed a Master Lease Agreement to add service to this tower located at 18293 Railroad Street, joining AT&T and Roadstar.

This solution provides an environmentally-sound cooling and heating system by utilizing the sub-surface conductive heat transfer where naturally-renewable temperatures of the earths crust are used as a heat sink in the summer months and a heat source in the winter, stated Bernard Borghei, GTPs Sr. VP of Operations. The solution is suitable for controlling the climate of a large structure such as the Bluemont site to provide an efficiently-produced and stable climate environment for our tenants equipment inside this historic building, added Borghei.

GTP previously deployed its first alternative energy solution in 2011, in partnership with Design Energy Alliance, at one of its fully generator-powered cell sites located in Sleeping Beauty, CA.

About Global Tower Partners

Global Tower Partners (http://www.gtpsites.com), based in Boca Raton, Florida, is one of the leading providers of outsourced antenna site facilities to the wireless communications industry in the United States. GTP’s business includes the ownership, development, leasing and management of antenna sites on towers and commercial real estate rooftops. GTP owns, manages, or master leases more than 15,000 wireless sites. GTP’s customers are leading wireless communications providers including AT&T, Sprint-Nextel, Verizon Wireless, T-Mobile USA, Leap Wireless, Clearwire, US Cellular, Metro PCS, Claro and Telefonica.

About REHAU

REHAU delivers Unlimited Polymer Solutions, and is the premium worldwide brand for polymer-based innovations and systems in construction, automotive and industry. The independent, privately held company generates continuous growth through its expertise and innovative capabilities in materials development, systems design and surface technology. Approximately 17,000 employees at more than 170 locations around the world contribute to the success of high-profile construction projects and globally respected brands such as Steelcase, Mercedes-Benz and Airbus.

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Artio Partners Reminds Low-Risk Delinquent American Expats Living Abroad to Participate in the Streamlined IRS Program


Chicago, Illinois (PRWEB) December 13, 2012

A new streamlined IRS program for delinquent American expatriates has been introduced on September 1, 2012. American expatriates living abroad who are considered low-risk taxpayers are encouraged to participate in this program. American expats have to file only 3 years of past due expatriate tax returns and 6 years of FBARs (Reports of Foreign Bank and Financial Accounts) to become compliant if they participate in this program.

Per the original IRS statement back in August 2012, US expats who dont have any high risk factors and owe less than $ 1,500 in tax due will be processed in a streamlined way. Although, many delinquent American expats dont owe any tax after applying a combination of foreign earned income exclusion, foreign housing exclusion and foreign tax credit, several of our clients have decided not to participate in this streamlined program because they didnt meet all risk factors, says ZM Ishmurzina, the principal at Artio Partners.

On December 6, 2012 the IRS issued a further clarification about low-risk taxpayers.

Just because a taxpayer fails to qualify under the criteria as being low risk is not a reason to avoid applying to the program. Missing one of the factors only means that a revenue agent will review the taxpayer’s application. That does not mean there’s going to be an audit. It means it’s going to be reviewed and could be subject to examination, said David Horton, director of the IRS Large Business and International Division’s international individual compliance function, at the American Bar Association Section of Taxation’s annual National Institute on Criminal Tax Fraud in Las Vegas.

Moreover, the IRS “will not necessarily beat up on a taxpayer just because he’s a little bit over or doesn’t meet one of the criteria,” said Christopher Sterner, IRS deputy chief counsel (operations). “It’s just we’re not guaranteeing that the returns will just be processed without any further inquiry from the Service. I don’t think people should be afraid to use this process if they really are a low-risk taxpayer.”

This clarification is good news for delinquent American expats living abroad who were not sure about participating in this streamlined program.

Should you hire an expat CPA to help with this process?

The IRS will carefully review expatriate tax returns submitted under this program. If you decide to proceed with an expatriate tax professional, make sure to choose a CPA who provides international tax services and specializes in US expat tax preparation and planning for Americans living abroad.

International tax experts at Artio Partners will help you participate in this program and become compliant. We offer a transparent flat-fee package for American expats. To learn more about our services, please visit http://www.artiopartners.com/

About Artio Partners

Artio Partners provides US expat tax services to American expatriates living abroad and dual citizens from over 75 countries.

We specialize in US expatriate tax preparation, past due expat tax returns and complex international tax issues like FBAR, FATCA, foreign tax credit, foreign real estate, PFIC, foreign adoption and controlled foreign corporations. For more information please visit Artio Partners.