16A — December 14 - 27, 2018 — M id A tlantic
Real Estate Journal
www.marejournal.com
M id A tlantic R eal E state J ournal By Dante Nania, Planned Companies 100-year-old Planned Companies expands growth into college campuses
T
op Real Estate Service Provider Brings Four Generations of Experi-
has been dominating the east- ern seaboard and most recently entered into the United States capital region, with an agree- ment with Howard University. With nearly 1,150 properties, Planned Companies is proudly the official cleaning service pro- vider for the principal private college institution in Washing- ton, D.C. Effective March 1st, Planned will be responsible for all of their front desk needs. "With our generational expe- rience and track record servic- ing large scale corporate and residential complexes, we are proud and excited to extend and expand our service offer-
ings - janitorial, maintenance, concierge and security – to col- lege campuses and universities throughout the Northeast, mid- Atlantic and San Francisco mar- kets," explained Robert Francis, CEO of Planned Companies. Providing the highest quality cleaning, Planned Companies' janitorial and maintenance programs incorporate compre- hensive, cost-effective building solutions and powerful man- agement tools. From general maintenance to carpet clean- ing to athletic arena clean-up, Planned covers all collegiate services a campus may require. “Planned Companies associ- TDKCA also represented the owner of 1 Chelsea Parkway, Boothwyn in the completion of leasing its vacant space. Chrome Institute Of Cosmetol- ogy leased 8,900 s/f in a long term commitment and Giant Dream leased over 13,000 sf as an Escape Room/Ax Throwing facility. Both of these transac- tions were valued at over $2 million and bring the site to 100% occupancy. Kramer re- marked that “We were proud to have represented this landlord in developing a marketing and leasing strategy that proved very successful. We took the site from 45% occupied to 100% occupied in a short period of time, dramatically increasing investor returns”. Finally, HIIPA laws and other Federal and State regu- latory compliance require- ments create hurdles that do not burden most other types of tenants. Landlords must fore- go their right to inspect certain areas of the leased premises, and sometimes have to provide additional security services to urgent care tenants. Policies must also be put in place to ensure proper medical waste handling and disposal. Notwi ths tanding some unique obstacles in having an urgent care tenant, landlords seem to be more than willing to invite the use into their shopping centers. Jessica T. Zolotorofe, Esq. is an associate with An- sell Grimm & Aaron, PC in Woodland Park, NJ. pleased to continue our multi- market, long term relationship with this client”.
ates go above and beyond their expected performance. The concierges continuously leave a positive impact with all of our guests, students and are always a delight to talk to.” Stated Evan Allen, CommunityManagement Director of Corvias Howard University. With a variety of commercial and residential real estate of- ferings, Planned now supplies all of the same industry leading janitorial, maintenance and security services to a new aca- demia market, available from coast to coast. About Planned Companies With more than 100 years
and four generations of experi- ence, Planned Companies has become one of the fastest grow- ing and most respected real estate service providers within the industry. Planned provides industry leading janitorial, maintenance, concierge/front desk and security services to a wide array of clients across the Northeast, Mid-Atlantic, San Francisco and Southern region, to over 1,000+ residential, cor- porate, commercial and retail properties. Dante Nania is director for business development for Maryland and Delaware for Planned Companies.
ence to Educa- tional Institu- tions P l a n n e d Compani es , t he f a s t e s t growing real estate service provider, is rap i d l y i n -
Dante Nania
creasing its portfolio as they continue expansion into cam- puses and universities across America. With headquarters in the Northeast, Planned Companies
TDKCA announces over $6million in new transactions
Lee & Associates expands into NC
PHILADELPHIA, PA — Thomas Kramer , president of TDK Commercial Advisors
2016 Realtor of the Year; the TCREW 2017 Powerhouse award; two NAI Global Top
RALEIGH, NC — Lee & Associates has announced the opening of its first office in the
( TDKCA ) , announced a series of new- ly completed office leases on behalf of several cli- ents in Penn- sylvania. T D K C A
P r o d u c e r recognitions in 2016 and 2017 for per- formance in- ternational- ly; TCREW’s Best Profes- sional Com- mercial Real
state of North Carolina. Lee & Associates Raleigh Dur- ham will be h e a d e d b y Moss With- ers, SIOR, MB A a n d Karah Jen-
nings , veterans of the South- east and North Carolina com- mercial real estate markets. “As we remain focused on our expansion efforts in the Southeast, we are extremely excited to add this office to our outreach in this region and North America,” said Lee & As- sociates CEO Jeffrey Rinkov , noting that this office opening is part of the company’s greater expansion plans for the South- east, East Coast and Midwest. “Moss and Karah have set the standard in this area and are well respected within the brokerage community. I am looking forward to assisting in the growth of this office and its interaction with our offices throughout North America.” Withers, who began his brokerage career at NAI Car- olantic in 2009, quickly es- tablished himself as a leader in the Triangle’s commercial real estate market. In just nine years, he completed over 650 transactions ranging from large, land assemblages, to office sales and leasing, to investment properties. During his commercial real estate career, Withers earned numerous commercial bro- kerage awards including the prestigious Triangle Commer- cial Association of Realtors Moss Withers
Karah Jennings
Thomas Kramer
represented the law firm of Kel- ley Jasons McGowan Spinelli Hanna and Reber in leasing 11,700 s/f for its headquar- ters office at 1818 Market St., Philadelphia, 32nd floor. The long-term lease will have the firm relocating from 2 Liberty Place in June 2019. Kramer re- marked that “This transaction will save the firm over $1mm in total rent moving forward over
Estate Service Award in 2016, and the Triangle Business Journal’s Top 40 under 40 award in 2014. A graduate of Appalachian State University, where he received a Bachelor’s degree, triple majoring in Economics, Finance, and Risk and Insur- ance, he went on to earn his Masters of Business Adminis- tration from the Jenkins Busi- ness School at North Carolina State University. A SIOR member, Withers has dedicated his time to many local community orga- nizations including board in- volvement and chairmanship in the YMCA of the Triangle, Miracle League of the Trian- gle, VIII Oaks, as well as sev- eral of the region’s Chambers of Commerce. He currently resides in Cary, NC with his wife and four children. Jennings joined NAI Caro- lantic Realty in 2013 after working with JP Morgan on the Institutional Equity Sales team covering the Southeast and Texas regions. Her corpo- rate and research experience are the foundation for her business development that conveys to effective manage- ment of transactions. She primarily focuses on land and office properties.
1818 Market St.
Landlord may be limited as to what types of tenants they can put into a center where there is an urgent care facility. The tenant mix is very important to urgent care companies. “We want to be sure the center remains a first class center with retail and services ten- ants that serve our customer patients,” said Corey. Urgent care centers typically prefer strong grocery or pharmacy tenants, but also appreciate first class food and coffee uses, especially those with quick counter service. “It is also important to keep an eye on changes in the healthcare and health insur- ance industries along with advances in medicine and how they can affect medical ten- ants”, said Ambrosi. the next 10 years. It is an op- portunity for KJMSHR to incor- porate more current workspace designs into a modern-day law firm office space. We were
of significant concern to the urgent care tenant. Many even require reserved park- ing within a shopping center to ensure their patients have the ability to park near their entrances. In an existing cen- ter with other tenants in place, this can be a difficult demand to meet. Another landlord concern may be that medical facilities typically finance their equip- ment, which puts any landlord lien behind the lender, if the lender allows a subordinate lien at all. As a result, in the event of a default by the ten- ant, the landlord has limited recourse, and may want to require a personal or parent company guaranty. For further consideration, a continued from page 9A Urgent Care Use . . .
Made with FlippingBook - Online catalogs