6A — October 28 - November 10, 2016 — M id A tlantic
Real Estate Journal
www.marejournal.com
M id A tlantic R eal E state J ournal
Markward Group welcomes Capobianco & Miers to team
Campus includes 11 buildings totaling 260,000 s/f Cushman & Wakefield sells 170-acre campus for $22.4m
plans, feasibility studies, sales strategies and project budgets for new buildings. “Mike is a
ALLENTOWN, PA —One of the most successful com- mercial real estate firms in the
Lehigh Val- ley has grown its team once again to in- clude Mike Capobian- co , SIOR , a n d C h i p Miers . The inclusion of
well-known rea l es tate professional and br i ngs with him a deep knowl- edge of the business and especially the
Mike Capobianco
Chip Miers
Eastern PA commercial real es- tate market. Mike has been in- volved in some of the market’s largest and most interesting deals over his career.” Mark- ward said. “With his depth of knowledge and his superior credentials, including his SIOR designation, he will help our company climb to new heights.” Chip Miers has over 15 years of commercial real estate ex- perience. He worked for Mark- ward Group from 2001 to 2005, and then joined two other com- mercial real estate companies. “Chip’s a seasoned veteran in sales and commercial real estate sales. It’s a coup for our company to have such a person- able, hard-working professional join our team.” Markward said. “We expect big things for our firm through Chip’s contacts and business acumen.” n “The success of our business is a result of our employee’s dedication and continued growth,” said Jason Crim- mins , president of The Blau & Berg Company. “These team members exemplify our com- pany’s highest standards of integrity. They are an impor- tant asset to the company and their promotions reflect our commitment to excellence.” n Another major factor in reducing the barriers is educa- tion. People and organizations involved in commercial devel- opment must work together to educate state and local of- ficials on better practices and be committed to be leaders in setting the example of what smart, strategic commercial development can be. Glenn Ebersole is the market development man- ager at High Concrete Group, LLC. n choices and are more respect- ful of community character and natural resources. Assistant director / retail specialist Brad P. Jacobs – Assistant director
their expertise and focus will help Markward Group con- tinue to deliver outstanding service to businesses and cli- ents within the Greater Lehigh Valley, as well as throughout Eastern Pennsylvania. Previously Mike Capobianco was senior vice president of brokerage for Colliers Inter- national and vice president of Real Estate Advisory Services with Grubb and Ellis (now NGKF ), both being global real estate services companies. Mike got his start in com- mercial real estate with Lib- erty Property Trust where he was a marketing specialist responsible for the leasing of industrial, flex, warehouse and office space. He worked with development specialists and construction managers to complete project marketing SHORT HILLS, NJ — The Blau&Berg Company , a leading commercial real estate brokerage firm in the New Jersey and Tri-State area, announced several re- cent promotions within the sales team. ChristianWalsifer, CCIM – senior director David A. Thomas – Senior director Brian DiPinto – Director Michael F. Schipper – Senior associate Laura L. Crimmins – vacant or underutilized land. Barriers must be overcome to attain a positive and more effi- cient commercial development process. The tearing down of barriers can only occur with regional cooperation, including by adjoining municipalities. That cooperation taking place on a community-by-com- munity and project-by-project basis will help elected officials, builders and bankers recognize there is a market for projects that make more efficient use of land, reduce infrastructure costs, increase transportation
St. John’s University’s Oakdale campus merly of Cushman & Wake- field, and members of the firm’s Metropolitan Area Capital Markets Group – An- drew Merin, David Bern- haut , Gary Gabriel , Brian Whitmer , Ryan Dowd and David Pennetta – headed the assignment. “St. John’s was pleased to sell this historic and spec- tacular property to another academic institution, and we are excited to welcome this new international university to the area,” BrianWhitmer said. “We are proud to have been able to assist St. John’s with another assignment and hap- py that the deal included that St. John’s will be able to continue on site as they explore relocation options,”
AKDALE, NY — Cushman & Wake- field announced it has sold St. John’s Univer- sity’s 170-acre Oakdale cam- pus to Amity University, a non-profit International Educational Organization for $22.4 million. The Cam- pus, located on Long Island’s Great South Bay in Suffolk County, includes 11 build- ings totaling 260,000 s/f. The deal enables St. John’s to continue offering its existing academic programs under a lease agreement through June 2017 as Amity Univer- sity assumes control of the property immediately. A capital markets team including Helen Hwang and Karen Wiedenmann , for- O SOUTH WHITEHALL, PA — Feinberg Real Estate Advisors, LLC represented the landlord, Ridgeview Lim- ited Partners in the lease of 1320 Hausman Rd., a 42,000 s/f office building located in South Whitehall Twp. Over a twelve month period, seven new tenants moved into the property resulting in 100% oc- cupancy of the property. The architect for the building is Silvia Hoffman from MKSD . The construction of all tenant spaces was managed by Ed Flowerdew of Boyle Con- struction . The property was built in 2007 and was partially oc- cupied by Computer Aid, Inc. One and one-half floors re- mained vacant until the land- lord invested in finishing the shell space. This investment allowed prospects to see a more finished view of the prop- erty and allowed construction of the tenant space to proceed
said Helen Hwang. Located directly on the Great South Bay at 500 Mon- tauk Hwy., the property has a rich history. It was origi- nally the waterfront estate for Frederick Bourne, presi- dent of the Singer Sewing Machine Company. It also previously served for many years as the site of LaSalle Military Academy, which ultimately became a kinder- garten-through-high school global learning community. St. John’s purchased the property in 1998 and invested more than $10 million in renovating classrooms, labo- ratories and other buildings there. The campus is high- lighted by the original Geor- gian mansion built in 1897. n Rego, Schippell & Associates, and CodeMaster Inspection Services were all represented by Feinberg Real Estate Advi- sors, LLC. “It was a pleasure working with Feinberg Real Estate Ad- visors.” said Tom Salvaggio , general partner for Ridgeview Limited Partners. “We are extremely pleased with their professionalism and how they filled our building with quality tenants.” “Tenants were attracted to the design of the property, the great natural light in the suites and the availability of green space for walks and leisurely activities.” said Cin- dy McDonnell Feinberg, CCIM , principal with Fein- berg Real Estate Advisors. The location on the western end of the Lehigh Valley with great access to Rte. 309, I-78 and the Pennsylvania Turn- pike was also a significant benefits to tenants. n
The Blau & Berg Company announces multiple employee promotions
Feinberg Real Estate Advisors, LLC represents Ridgeview Limited Partners in the lease of 1320 Hausman Road
1320 Hausman Rd.
quickly. Feinberg Real Estate Advi- sors negotiated leases for the following tenants over the past twelve months; Altek Business Systems, MAM Software, Inc., Integrity Personnel, Inova Technologies, Rego, Schip- pell & Associates, CodeMas- ter Inspection Services and Greenman-Pederson, Inc. MAM Software was rep- resented by Brad Spiegel with Skyline Commercial . Integrity Personnel was repre- sented by Tom Skeans with Sperry Van Ness Imperial Realty . Greenman-Pederson, Inc, was represented by Phil Schenkel with JLL . Altex,
continued from page 4A Governments and developers need. . .
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