16A — November 22 - December 5, 2013 — Mid Atlantic Real Estate Journal
www.marejournal.com
P eople on the M ove
To the position of project manager Liberty Environmental promotes Adukaitis
Dietrick welcomes Ryan Oldenhage as sales agent
ALLENTOWN, PA — Di- etrick Group, LLC , wel-
tion. The site represents the highest sale price per Floor Area Ratio (FAR) s/f in the Capitol Riverfront neighbor- hood since well before the economic downturn. The Washington Design Center is a 391,089 s/f building and the only design center in the region. Washington Design Center is 81% show- room/designer space with the balance dedicated for office use. Built in the 1920s, 55% of the property is oc- cupied by Design Concept showrooms which display manufacturers’ furniture, finishes, fixtures, and fabric. In addition to the showroom space, 19% of the building was leased as office space to government and government contractors. The Cassidy Turley team recognized for the repositioning and reuse of this project is Bill Col- lins , Paul Collins , James Cassidy , Jud Ryan and Drew Flood . Zeke Dod- son , Kerri Mulligan Salih and Jonathan Wellborn of Cassidy Turley were honored for their creative solutions in representing Al Jazeera International, Inc. in a lease with the landlords, AION Partners and The Carlyle Group, to occupy 47,000 s/f of class A office space at 1200 New Hampshire Avenue in Washington’s Central Business District (CBD) submarket. The transaction followed the 2012 renovation at the building which added a new two-story lobby, a 22-foot glass entrance, fully renovated elevator cabs and a new tenant-only fitness fa- cility with locker rooms. n Dietrick is a full-service real estate services firm with a focus on commercial sales and leasing, appraisal and property management. Dietrick Group’s business model is straight- forward and has not changed since the day it opened its doors: stay focused on our core strengths and the markets we know best. n with a focus on client acquisi- tion and catering management. Oldenhage is a member of the Lehigh Valley Wholesale Real Estate Investors Club and will be focusing on real estate sales and leasing for Dietrick Group, a full-service commercial real estate firm specializing in sales, appraisal and property man- agement.
comes Ryan Oldenhage as its newest real estate sales agent. O l d e nha g e brings nearly a decade of sales experi- ence to Diet- rick Group, as
R
EADING, PA — Mat- thew J. Adukaitis has been promoted to
our company,” said Liberty principal, David S. Coyne, QEP . Adukaitis joined Liberty in October 2012 and has more than fifteen years of profes- sional experience in environ- mental consulting, where he has managedmulti-phase en- vironmental investigations, remedial programs, andmon- itoring programs for various utility, industrial, and com- mercial clients throughout the Mid-Atlantic. n structural innovation in how the Virginia Beach Department of Economic Development mar- kets itself. By incorporating videos and other interactive features, the iBook presents information in a highly intui- tive new medium that is easily shared and updated. It is also part of the City’s branding strategy that uses new tech- nologies. The flexibility of the iBook format allows the eco- nomic development team to be more efficient and effective in preparing and making presen- tations. Presenters can easily move from chapter to chapter within one dynamic document, or, using tablet devices, switch between different digital docu- ments based on the audience’s interests. The Department of Economic Development also received a Silver Excellence in Economic Development Award for its 2011-2012 Annual Report. The report highlights the successes of the department to bring jobs and capital investment to the City. n The NJAA Awarded the following companies with Management Company of the Year Awards: 2013Management Company of the Year – Affordable: PRD Management, Inc. 2013 Market Rate Manage- ment Company of the Year –Under 2,000 Units: The Klein Company 2013 Market Rate Manage- ment Company of the Year –Over 2,000 Units: Morgan Properties For a complete list of 2013 Garden State Award winners, go to http://www.njaa.com/ news.html. n
includes projects such as Phase I environmental site assessments, Phase II site in- vestigations, and specialized due diligence environmental evaluations of commercial and industrial real estate for lenders, attorneys, develop- ers, and investment firms in Pennsylvania, Maryland, Delaware, New Jersey and New York. “Matt’s technical expertise and professionalismwill con- tinue to be a great asset to “The Excellence in Economic Development Awards recognize Virginia Beach Department of Economic Development as being one of the leading orga- nizations in the industry for innovation, creativity and suc- cessful strategies,” said IEDC chair, Paul Krutko. “These awards are meant to honor the organizations and individuals who are dedicated to making a positive change in their commu- nities. This organization uses creative solutions and inventive ideas, and offers other regions a wonderful example to learn and benefit from. The award represents an acknowledgment and appreciation for Virginia Beach Department of Economic Development’s dedication to continuous growth within it- self, as well as improving the industry overall.” The 2013 Virginia Beach Community Profile iBook is a mobile-friendly comprehensive presentation with key facts, demographics and statistics on the City of Virginia Beach, and represents a significant opportunity to showcase excel- lence in more than 40 catego- ries including new awards just added this year: Green Building New Con- struction and Retrofits - to acknowledge the increased importance of eco-friendly design and benefits; Industry Rookie of the Year - to recognize those who have excelled during the beginning of their multi-family careers and; New Construction Built after 2010 (in several prop- erty categories)- to celebrate expansion in the multi-family industry.
the position o f p r o j e c t manager at Liberty En- vironmen- tal, Inc. Adukaitis is now charged with daily m a n a g e -
Ryan Oldenhage
WASHINGTON, DC — Cassidy Turley , a com- mercial real estate services provider in the U.S., an- nounced that it was hon- ored by NAIOP Maryland/ DC Chapter with three “Awards of Excellence” at their annual event held on Thursday, October 3 at the Willard InterContinental. The firm won awards in the following categories that were given based on the significance of size, risk or difficulty of the deal: Best Sale Under $20 million • 50 M St., SE Best Sale $20-$50 million • Washington Des i gn Center Best Tenant Lease 15,001-75,000 s/f • Al Jazeera at 1200 New Hampshire Ave. 50 M St. is a 15,567 s/f land site located at the inter- section of M and Half St., in the dynamic Capitol River- front neighborhood. The site is located directly across the street from the Navy Yard- Ballpark Metro Station, allowing it to benefit from multimodal transportation options and proximity to Nationals Park, Barracks Row, the Southwest Water- front and the U.S. Capitol. Additionally, a number of highly anticipated amenities are planned to deliver over the next year, including a host of restaurant offerings in The Yards, Harris Teeter Grocery Store, VIDAFitness and Aura Spa. The Cassidy Turley team, consisting of James Cassidy , Jayne Shister and Chris Do- err , was recognized for the complexity of this transac- well as several years as a real estate investor and property manager. After completing a de- gree in Foodservice Entrepre- neurship at Johnson & Wales University in Providence, RI, he returned to the Valley to help build his family’s catering company, Corporate Cuisine,
Matt Adukaitis
ment of the real estate due diligence practice area, which
Virginia Beach Department of Economic Development receives excellence awards
VIRGINIA BEACH, VA — Virginia Beach Depart- ment of Economic Develop- ment received the Gold Excel- lence in Economic Development Award for its 2013 Community Profile iBook in the new me- dia category for communities with populations of 200,000 – 500,000 from the Interna- tional Economic Develop- ment Council (IEDC) . The honor was presented at an awards ceremony during the IEDC Annual Conference in Philadelphia, PA. “These awards are very meaningful to us because it’s an international competition,” said Warren D. Harris , director of Virginia Beach Economic De- velopment. “This is our second year to receive the Excellence Award, and we are honored that other economic development organizations now look to us as innovators in our field. We believe these tools and market- ing strategies help us compete on a global level to bring busi- ness and capital investment to Virginia Beach.” MONROE TOWNSHIP, NJ — On Thursday, Octo- ber 24th, The New Jersey Apartment Association (NJAA) celebrated its 20th Annual Garden State Awards by presenting 165 awards to members, member properties and associate members at a black and white-themed gala. At the event, which took place at the Hilton East Bruns- wick, the NJAA recognized excellence amongst leaders in the multi-family rental hous- ing, one of the state’s most valuable industries. Nominations were open to all NJAA members with the
NAIOP MD/DC honors Cassidy Turley with three awards
NJAA presented 165 awards at its 20th annual Garden State Awards of Excellence event
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