Tag Archives: commercial real estate

Aldy Damian the CEO of Accredas Investments announces the sale of its latest commercial transaction, Walgreens – Denver, CO MSA

ROLLING HILLS ESTATES, Calif. /ScoopCloud/ -- Aldy Damian, CEO of Accredas Investments, announces sale and close of its latest marketed commercial property. The sale of Walgreens in Denver, CO MSA adds to the previous twelve month running gross sales proceeds totaling $71 Million dollars for the last fiscal year attributed to Accredas Investments.

Marcus & Millichap agent Ryan Jaama represented the Buyer in the sale of Walgreens - Denver, CO MSA property.

In addition to the latest Walgreens in Denver, CO transaction. Aldy Damian having now secured the following transactions over the past twelve months. Earlier this year the disposition of Walgreens in Gilbert, AZ, the acquisition of Bridgestone, Tires Plus (Costco Out-lot) in WI, the acquisition of Firestone Complete Auto Care (strategically located off Interstate 35) in Lenexa, KS, (Multiple financial transactions supplied by Max Benjamin Partners) The disposition of Bank of The West, sale and lease to Blue Credit Union in Superior, CO (Target out-parcel) and the premier corner in Appleton, WI of Fleet Farm one of the most known and respected big box stores in the Mid-West, in association with CBRE and Walker & Dunlop.

Fleet Farm Group who is currently owned by the multi-billion dollar investment banking firm, KKR Investments, KKR.com (NYSE stock symbol - KKR) are undergoing a multi-expansion of stores including the recently opened Hastings, MN location.

Aldy Damian, directing Accredas investments, has stated he is very pleased with the Fleet Farm Group, Germantown, WI acquisition coming off the sale of Chandler Medical Plaza, (Chandler, AZ with buyer representation by Newmark) featuring Banner Health (largest employer in the state of Arizona) as the strategic anchor tenant. More strategic business to come, including the soon disposition of Dicks Sporting Goods, in Topeka KS.

The newly listed for sale Dicks Sporting Goods property is truly unique property as the location of this Dicks Sporting Goods is the only location represented in the Topeka KS, area with the other Dicks Sporting Goods locations in excess of 40 miles away ( https://chainstoreage.com/dicks-sporting-goods-posts-strong-q4-offers-confident-outlook ).

The property is also located directly off of Interstate 470 near the connection of Interstate 70 making it the absolute prime retail destination of Topeka, KS residents ( https://www.crexi.com/properties/1099940/kansas-dicks-sporting-goods ).

The Corporately owned Home Depot located directly adjacent to the Dicks Sporting Goods in Topeka, KS is a mainstay in the area and is ranked the highest trafficked in a 50 miles radius area according to Placer.id.

Accredas investments was founded by Aldy Damian who began as a music, video and distribution executive with record label imprints as Damian Music and D3 Entertainment with BMG / Sony internationally, releasing in excess of 178 Albums and DVDs). Aldy Damian also served as executive Vice President and Co-founder of Liberation Entertainment with acclaimed MCA Records president and veteran multimedia executive Jay Boberg (CEO), who was responsible for obtaining the financial backing of Clarity Partners ($1Billion dollar investments banking firm) to form Liberation Entertainment ( https://www.claritypartners.net/portfolio ).

Accredas Investments continues its media ventures along with commercial property investment and development in real estate specializing in Core and Core plus properties targeting Class A properties and value-add commercial properties to serve their clients.

CEO and head of operations, Aldy Damian is a 34-year multi-faceted executive transacting in excess of one million square feet of investment property. 310-717-6932 ph., Accredas@gmail.com

Aldy Damian, CEO of Accredas Investments, announces sale and close of its latest marketed commercial property. The sale of Walgreens in Denver, CO MSA adds to the previous twelve month running gross sales proceeds totaling $71 Million dollars for the last fiscal year attributed to Accredas Investments.

Full or Partial Floor Office for Sublease at 400 Atlantic Street in Stamford, CT Represented by Choyce Peterson

NORWALK, Conn. /ScoopCloud/ -- Choyce Peterson, Inc. (www.choycepeterson.com), a full-service commercial real estate brokerage and consulting firm, announced they are exclusively representing a full floor sublease measuring 36,782 square feet (SF) at 400 Atlantic Street in Stamford, CT. Choyce Peterson Vice President Adam Cognetta and Principal John Hannigan comprise the brokerage team.

400 Atlantic Street is a stand-alone office building in the heart of downtown Stamford, conveniently located 0.3 miles from Exit 7 of I-95, and less than a 10-minute walk from the Stamford Train Station. This LEED GOLD and Energy Star certified building offers tenants covered parking, a fitness facility, and a full-service café. Additional features include on-site property management and full-time security.

This space can be easily subdivided to a half floor of approximately 18,391 SF, or it can be taken as an entire floor of 36,782 SF. The 11th floor location offers panoramic views of the city and Long Island Sound. This newly built-out, modern space has eight offices/conference rooms, as well as a large open area for workstations. In addition, there is an expansive private kitchen/breakroom. High-end furniture and fixtures can be made available upon request. The sublease term is through late 2026.

Cognetta commented, "We are pleased to represent an exceptional office space within a quality office building in the heart of downtown. This availability offers a flexible layout that can accommodate almost any type of office user. Given its convenient location to both I-95 and the Stamford Train Station, this suite represents the perfect turnkey solution for any company looking to relocate to a class A building in Stamford."

For further information, please visit our website: https://www.choycepeterson.com/property/400-atlantic-street-stamford-ct

About Choyce Peterson, Inc.

Choyce Peterson, Inc., a full service commercial real estate brokerage firm with offices in Norwalk, CT and Rye Brook, NY, was founded in 1997 and has negotiated millions of square feet of transactions in 42 states and Canada. The Choyce Peterson process delivers comprehensive and creative real estate solutions to ensure clients derive maximum value from their real estate decisions. http://www.choycepeterson.com/

Choyce Peterson, Inc., a full-service commercial real estate brokerage and consulting firm, announced they are exclusively representing a full floor sublease measuring 36,782 square feet (SF) at 400 Atlantic Street in Stamford, CT. Choyce Peterson Vice President Adam Cognetta and Principal John Hannigan comprise the brokerage team.

Related link: https://www.choycepeterson.com/

Argosy Real Estate Partners selects Pereview as its new asset management platform

PHILADELPHIA, Pa. /ScoopCloud/ -- Commercial real estate and private equity investment firm Argosy Real Estate Partners (https://argosyrep.com) has chosen Pereview Software (https://pereviewsoftware.com) to support its growing portfolio and data strategy.

Based in Philadelphia, Argosy Real Estate Partners is an institutional diversified real estate fund manager focused on the lower middle market. They invest with experienced operating partners across asset classes through opportunistic/value-add, core-plus, and opportunity zone investment vehicles.

Argosy Real Estate Partners regularly receives reporting from operating partners in the form of Excel, Word and PDF documents which have historically been manually aggregated for analysis and reporting purposes. Pereview will work with Argosy to automatically aggregate and manage that data across the asset lifecycle.

"With the continued growth of the portfolio, we recognized the need to scale our technology to stay nimble and enhance decision making" said Will McGinley, Principal of Argosy Real Estate Partners. "We intend to utilize the full capabilities of Pereview to increase internal efficiencies by automating the aggregation of our trusted data into a centralized database, integrate with our forecasting and valuation models, and enable expedited business intelligence and reporting across our real estate portfolios."

Daryl Pitts, Senior Vice President of Global Sales for Pereview, said that he is honored that McGinley and his team have chosen Pereview as their software and data partner.

"Argosy Real Estate Partners searched the market for a few years and found numerous software providers that could have successfully helped them collect and visualize their data - but Will and his team demanded more," Pitts said. "Only Pereview was able to bring to the table the ability to now take collected and governed data and go further with it - putting all of their data at their asset manager's fingertips."

Pereview's global implementation partner, Lionpoint Group (https://www.lionpointgroup.com), will play a major role in the relationship, providing Argosy Real Estate Partners deep real estate expertise and proven best practices.

Neil Elliott, Managing Director at Lionpoint, acknowledged the significance that Pereview's platform offers real estate clients.

"We're delighted to have confirmed our strategic partnership with Pereview," Elliott said. "As an implementation partner, we're able to help deliver Pereview's value to real estate clients and help solve their data aggregation and reporting challenges. Lionpoint has been working with Argosy as part of their technology journey, and the outcome of the Pereview implementation will be efficiency throughout the asset lifecycle, and superior time-savings."

Pereview is the only all-in-one asset management platform that manages all of a client's data across the entire asset lifecycle from acquisition to disposition. By aggregating, integrating, and interpreting internal and external disparate data into a single source of truth, Pereview reduces time spent on tedious report creation by 90 percent and provides actionable insights while delivering unparalleled analytic capabilities with consistent data governance for the overall increased value of your investments.

MEDIA CONTACT:
Matt Hooper
Pereview Software
matt.hooper@saxonypartners.com
205-200-9087

Commercial real estate and private equity investment firm Argosy Real Estate Partners has chosen Pereview Software to support its growing portfolio and data strategy.

Related link: https://pereviewsoftware.com/

Choyce Peterson Negotiates New 6,500 SF Westport, CT Office for Keller Williams Prestige Properties

NORWALK, Conn. /ScoopCloud/ -- Choyce Peterson, Inc. (www.choycepeterson.com), a full-service commercial real estate brokerage and consulting firm, recently announced the successful conclusion of lease negotiations on behalf of Keller Williams Prestige Properties ('KWPP') (www.kellerwilliamsprestigeprop.com) for a new 6,500 SF office at 276 Post Road West in Westport, CT. Choyce Peterson Vice Presidents Adam Cognetta and Charlene O'Connell represented KWPP in this transaction.

When Stephen Scott, CEO of KWPP, was ready to expand his Stamford-based residential real estate business into the Westport area, he called Cognetta, with whom he and his brokerage team had an existing professional relationship. Scott explained that he was seeking a building with excellent visibility that could offer a flexible working space. In addition, KWPP required abundant parking to accommodate a transient agent team and increased employee count during on-site training days.

After touring buildings throughout the Westport area, and soliciting proposals from numerous landlords, Scott and his team decided on 276 Post Road West. This building had existing conditions which were modified to allow the right mix of training, office, break-out and open space. In addition to negotiating a landlord-funded buildout, Cognetta and O'Connell successfully made a case for the Landlord to expedite renovations of the common bathrooms, building entry and facade which together with an enhanced landscaping program, will give the building a much more contemporary look.

Cognetta commented, "It's been a pleasure representing Steve, Rick and the KWPP team. This project was geared towards optimizing the way their agents work - today and in the future. By working collaboratively and creatively with KWPP we achieved an excellent outcome. Keller Williams is a terrific, long-term fit for the building and the Westport market. They will be at home in this bespoke, functional and modern office."

Scott concluded, "We were thrilled to work with Adam and Charlene on this exciting project. They turned the market upside down and exceeded expectations in every respect to help us achieve our vision. Parking and modernization of the building were critical along the path to success. We are excited to expand our business in Fairfield County and to meet with clients in a terrific new space."

The landlord, GA Family 276 Westport LLC, was represented by Senior Director Adam Klimek and Director William Montague of Cushman & Wakefield.

About Keller Williams Prestige Properties (KWPP)

KWPP is a multifaceted full-service residential real estate brokerage. KWPP's market center in Stamford, comprised of 340 agents, is the #1 brokerage in Stamford and Norwalk and the #2 real estate office in the state of Connecticut both in units and volume sold.

About Choyce Peterson

Choyce Peterson, Inc., a full service commercial real estate brokerage and consulting firm with offices in Norwalk, CT and Rye Brook, NY, was founded in 1997 and has negotiated millions of square feet of transactions in 42 states and Canada. The Choyce Peterson process delivers comprehensive and creative real estate solutions to ensure clients derive maximum value from their real estate decisions. Learn more: https://www.choycepeterson.com/.

Choyce Peterson, Inc., a full-service commercial real estate brokerage and consulting firm, recently announced the successful conclusion of lease negotiations on behalf of Keller Williams Prestige Properties ('KWPP') for a new 6,500 SF office at 276 Post Road West in Westport, CT.

Related link: https://www.choycepeterson.com/