12-9-16

4A — December 9 - 22, 2016 — M id A tlantic

Real Estate Journal

www.marejournal.com

M id A tlantic R eal E state J ournal

109 West Fortune St. in downtown Tampa sold to Crescent Communities Denholtz Associates sells 5.1 acre parcel for future residential development in Tampa, FL

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addition to the quickly growing Tampa Riverwalk area. The Eschenbach Land Company brokered the sale. Crescent Communities plans to build a five-story apartment building with upscale one, two and three bedroom options on this land with an attached park- ing structure. Tampa and its environs have seen exponential residential and commercial growth in re- cent years becoming one of Flor- ida’s most exciting destinations. Conveniently located off I-275 and less than 10 miles from Tampa International Airport, 109 West Fortune boasts an in-

credibly accessible location that is also within walking distance of all the Downtown Tampa en- tertainment, retail and dining options. Crescent Riverwalk is positioned to be an in-demand location for all current or future residents of the city. “Upon our acquisition of the Tampa Bay Times Building, we evaluated our options for the 5.1 acres of land for future devel- opment, build to suit or sale,” said Steven Denholtz , CEO of Denholtz Associates. “Cres- cent Communities emerged as a serious contender for the property and we were able to put together a deal that worked

for all parties involved while adding value to the surround- ing community which needs new housing options given St. Petersburg and Tampa’s surg- ing office market.” n PABC holds summit in New York City

AMPA, FL — Denholtz Associates , a privately held, fully integrated

rea l es tat e development, i nves tment and manage- me n t c om- pany, has an- nounced that t h e y h a v e sold 5.1 acres of land at 109

NAI Global announces honors for member orgs. NEW YORK, NY — NAI Global , the network of owner- operated commercial real estate brokerage firms, announced the winners of its annual awards program at its 2016 Global Con- vention. The awards recognize NAI Global Member firms and individuals for their leadership within the network and com- mitment to the organization’s strategic vision, as well as per- formance and tenure. NAI Capital, serving South- ern California, was named NAI Global Member of the Year Cap- ital in recognition of its growth, ability to positively promote the NAI Global network and drive business, demonstrated leader- ship within the organization and overall performance. The NAI Global Presidents Award is bestowed on an in- dividual or company that has demonstrated commitment to the organization through lead- ership, teamwork and business generation: Primary Market: NAI Robert Lynn (Dallas, TX) Major Market: NAI Rauch Weaver Norfleet Kurtz & Co. (Ft. Lauderdale, FL) Secondary Market: NAI Charter (Chattanooga, TN) Tertiary Market: NAI Sioux Falls (Sioux Falls, SD) International Market: NAI Bahamas Realty Commercial (Nassau, The Bahamas) NAI Partners, which serves the Houston, Austin and San Antonio markets, was recog- nized as the top business refer- ral firm in the organization for its success in driving business. n PABC director of the board and president of Arteco & Design Restoration , Witold Karwowski moderated the summit, which was hosted by Wojciech Jackowski , partner at Menaker & Her- rmann LLP and PABC vice president of membership. n Redwood Property Group ; Peter Wilk , President of Wilk Marketing Communica- tions ; Jaroslaw Filip , CEO of ICCS SA , Switzerland; and Sylwester Andrzej Oldak , Chairman of the Board of SAO Capital , Warsaw, Poland.

NEW YORK, NY – Pol- ish-American Business Club (PABC) held a “Trends in New York City and International Real Estate” summit. The event attracted real estate investors and professionals from the United States and Europe, and featured presen- tations by Julia Hoagland , licensed associate real estate broker at Compass ; Jeff Berman , associate broker at

Steven Denholtz

West Fortune St. in downtown Tampa to Crescent Commu- nities. Soon to be named the Crescent Riverwalk, the apart- ments slated for development on the lot will become a valuable

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