Investment Sales Archives | Stream Realty Partners https://streamrealty.com/category/services/investment-sales/ Changing the Landscape of Commercial Real Estate Thu, 06 Jun 2024 20:56:44 +0000 en-US hourly 1 Stream Realty Partners Doubles Down on Commitment to Florida with Orlando Office Opening and Strategic Additions to Team https://streamrealty.com/stream-realty-partners-doubles-down-on-commitment-to-florida-with-orlando-office-opening-and-strategic-additions-to-team/ Mon, 03 Jun 2024 16:47:41 +0000 https://streamrealty.com/?p=27911 ORLANDO, FL – June 3, 2024 – Stream Realty Partners, a national commercial real estate firm offering an integrated platform of services, continues its aggressive growth in Florida with the opening of its Orlando office, following closely on the heels of the recent Tampa expansion. Accompanying this milestone are significant additions to the firm’s team, […]

The post Stream Realty Partners Doubles Down on Commitment to Florida with Orlando Office Opening and Strategic Additions to Team appeared first on Stream Realty Partners.

]]>
ORLANDO, FL – June 3, 2024 – Stream Realty Partners, a national commercial real estate firm offering an integrated platform of services, continues its aggressive growth in Florida with the opening of its Orlando office, following closely on the heels of the recent Tampa expansion. Accompanying this milestone are significant additions to the firm’s team, with three seasoned professionals joining from JLL to lead the company’s efforts in Central Florida.  

An industry veteran who specializes in landlord representation, Executive Managing Director John Gilbert joins Stream’s Orlando operations with a deep institutional and private entrepreneurial roster. Together with Executive Managing Directors Greg Katz and Gary Godsey, he will also lead Stream’s strategic initiatives in Central Florida, helping to elevate the firm’s footprint and service offerings.  

This dynamic team is further bolstered by Executive Vice President Darryl Hoffman and Senior Associate Jake Attaway, whose focus is on further developing the Capital Markets and Investment Sales practice statewide. Leveraging their creative strategies and collaborative approaches, the JLL recruits will enhance and broaden Stream’s innovative platform within the market. 

“Having worked in commercial real estate in Orlando for nearly three decades, I am excited to join Stream and contribute to its vision of leadership and excellence in every service line,” said Gilbert. “I look forward to expanding the platform in Central Florida and cultivating an environment where our team members can excel.” 

Hoffman added, “Stream’s commitment to fostering genuine relationships and delivering exceptional results aligns perfectly with our values. I look forward to collaborating with this outstanding team to drive innovation and client success in the Orlando market.”  

“Stream’s rapid growth in Florida underscores our commitment to providing best-in-class services to clients across the state,” said Katz. “The firm’s continued investment in top-tier talent and strategic market expansion reflects its dedication to delivering exceptional value and service excellence to clients.” 

Stream Florida has been rapidly bolstering its footprint in the market. It now has more than 25 employees, actively transacting more than 3 million square feet of office and industrial requirements, and offers the full spectrum of services, including Landlord and Tenant Representation, Capital Markets, and Investment Sales. 

About Stream Realty Partners 

Stream Realty Partners is a national commercial real estate firm offering an integrated platform of leasing, investment and development services. This includes tenant and landlord representation, Legendary CX property management, capital markets, investment management and sales, construction, construction management, national program management, workplace strategies, strategic marketing, and dedicated research. The company is headquartered in Dallas with operations in core markets coast to coast. Since 1996, Stream has grown to more than 1,400 professionals and now completes annual transactions valued at more than $8.8 billion in office, industrial, retail, healthcare, land, and data center properties. For information, visit www.streamrealty.com and follow Stream on LinkedIn, Instagram, X and Facebook. 

The post Stream Realty Partners Doubles Down on Commitment to Florida with Orlando Office Opening and Strategic Additions to Team appeared first on Stream Realty Partners.

]]>
Recap of Stream ICM & Westcore Video Series, featuring Hack Adams https://streamrealty.com/recap-of-stream-icm-westcore-video-series-featuring-hack-adams/ Wed, 27 Mar 2024 04:00:12 +0000 https://streamrealty.com/?p=27608 Stream Industrial Capital Markets (ICM) leaders, Matteson Hamilton and Seth Koschak, interviewed Westcore Senior Managing Director Hack Adams, in a 3-part video series that focused on Westcore’s growth trajectory, their appetite for industrial acquisitions in DFW and beyond, building trusted relationships with the brokerage community, and trends they’re seeing across the industrial sector.   With a […]

The post Recap of Stream ICM & Westcore Video Series, featuring Hack Adams appeared first on Stream Realty Partners.

]]>
Stream Industrial Capital Markets (ICM) leaders, Matteson Hamilton and Seth Koschak, interviewed Westcore Senior Managing Director Hack Adams, in a 3-part video series that focused on Westcore’s growth trajectory, their appetite for industrial acquisitions in DFW and beyond, building trusted relationships with the brokerage community, and trends they’re seeing across the industrial sector.  

With a 25 MSF industrial portfolio and around $4B of assets under management, Westcore has been growing in size and scale over the last few years, but their entrepreneurial spirit is rooted in all that they do, and we’re excited to continue to partner together for success in Texas and beyond. 

CONVERSATION 1: Westcore’s company growth—specifically their recent expansion into Texas—and the reason why having a presence in DFW was so important to them


CONVERSATION 2: Westcore’s appetite for projects in DFW, their team dynamic and transaction process, as well as the importance of transparency, honesty, and relationships when partnering with the brokerage community.


CONVERSATION 3: Continued appetite for industrial in specific markets, where they’re seeing the most interest, and cautious optimism on behalf of industrial investors.


 

The post Recap of Stream ICM & Westcore Video Series, featuring Hack Adams appeared first on Stream Realty Partners.

]]>
Stream Realty Partners Facilitates Sale of an Industrial Condo within Crescent Corporate Center in Orange County  https://streamrealty.com/stream-realty-partners-facilitates-sale-of-an-industrial-condo-within-crescent-corporate-center-in-orange-county/ Fri, 15 Mar 2024 16:12:00 +0000 https://streamrealty.com/?p=27529 ANAHEIM, CA – March 14, 2024 – Stream Realty Partners, a national commercial real estate firm offering an integrated platform of services, announces the sale of a premier industrial property located at 1940 W. Corporate Way in Anaheim, California.    The property, spanning 15,885 square feet, boasts prime industrial condo space in a strategic Orange County location. Featuring essential […]

The post Stream Realty Partners Facilitates Sale of an Industrial Condo within Crescent Corporate Center in Orange County  appeared first on Stream Realty Partners.

]]>
ANAHEIM, CA – March 14, 2024 – Stream Realty Partners, a national commercial real estate firm offering an integrated platform of services, announces the sale of a premier industrial property located at 1940 W. Corporate Way in Anaheim, California.  

The property, spanning 15,885 square feet, boasts prime industrial condo space in a strategic Orange County location. Featuring essential amenities, including 100% HVAC coverage, 18-foot clear heights, two grade-level loading doors, fire sprinklers, and a robust power supply, 1940 W. Corporate Way offers a highly functional and adaptable workspace for tenants.  

One notable aspect of the property is its commitment to sustainability, exemplified by the presence of solar panels on the roof. Not only do these panels promote environmental responsibility, but they also offer potential cost savings for occupants, aligning with modern business priorities. 

Stream Vice Presidents Chad Dixon, Geoff Foley, and Peter Joyce facilitated the transaction on behalf of a private seller.  

The sale process was highly efficient, with Stream procuring for competitive offers within a remarkably short marketing period of less than 60 days. The transaction was swiftly executed with a private all-cash investor and closed within 21 days. Despite the challenges posed by current capital market conditions and the property’s short-term remaining lease, the sale resulted in a positive outcome for the seller.  

“We are extremely pleased with the outcome of the sale of 1940 W. Corporate Way,” said Dixon. “Our team’s dedication to excellence, combined with the property’s compelling attributes and prime location, led to a successful transaction that surpassed expectations. Through a competitive bidding process with multiple offers, we navigated a lockstep sale journey with our client. This win underscores our dedicated pursuit of delivering unparalleled outcomes for our clients.”  

About Stream Realty Partners 

Stream Realty Partners is a national commercial real estate firm offering an integrated platform of services including leasing, Legendary CX property management, tenant and landlord representation, capital markets, investment management and sales, development, construction management, national program management, workplace strategies, strategic marketing, and dedicated research. The company is headquartered in Dallas and operates 15 core offices in markets that cover areas including Alexandria, VA; Arlington, VA; Atlanta; Austin; Boca Raton; Charleston; Charlotte; Chicago; Colorado Springs; Dallas; Denver; Fort Lauderdale; Fort Worth; Greenville, SC; Houston; the Inland Empire; Irvine; Los Angeles; Miami; Nashville; Orange County; Phoenix; Raleigh-Durham; Reston, VA; San Antonio; Tysons; Washington, D.C.; and West Palm Beach. Since 1996, Stream has grown to more than 1,350 professionals and now completes more than $6.9 billion annually in office, industrial, retail, healthcare, land, and data center transactions. For information, visit www.streamrealty.com and follow Stream on LinkedIn, Instagram, Twitter, and Facebook. 

The post Stream Realty Partners Facilitates Sale of an Industrial Condo within Crescent Corporate Center in Orange County  appeared first on Stream Realty Partners.

]]>
Ledo Capital Group, St. Clair Commercial Real Estate Acquire 45.76 Acres For Industrial Development In San Marcos https://streamrealty.com/ledo-capital-group-st-clair-commercial-real-estate-acquire-45-76-acres-for-industrial-development-in-san-marcos/ Thu, 13 Apr 2023 14:42:33 +0000 http://streamrealty.com/?p=25218 Ledo Capital Group and St. Clair Commercial Real Estate announce plans for three industrial buildings in San Marcos, breaking ground in the fourth quarter of 2023. The San Marcos Business Park will consist of 663,460 square feet of buildings on 45.67 acres of industrial-zoned land along Interstate 35 in the Whisper South master-planned area of […]

The post Ledo Capital Group, St. Clair Commercial Real Estate Acquire 45.76 Acres For Industrial Development In San Marcos appeared first on Stream Realty Partners.

]]>
Ledo Capital Group and St. Clair Commercial Real Estate announce plans for three industrial buildings in San Marcos, breaking ground in the fourth quarter of 2023.

The San Marcos Business Park will consist of 663,460 square feet of buildings on 45.67 acres of industrial-zoned land along Interstate 35 in the Whisper South master-planned area of San Marcos.

Building A will accommodate single or multi-tenant uses totaling 204,460 square feet with freeway frontage. Building B is a free-standing, 84,000-square-foot facility. Building C is a 375,000-square-foot building allowing for single or multi-tenant divisibility. All buildings will have rear-load capabilities with 32-inch to 36-inch clear heights and ESFR fire sprinklers. The site also has a large, secured truck court to accommodate heavy parking, trailer storage, and/or outside storage.

The site has direct visibility to I-35 and is accessible from the I-35 frontage road between Yarrington Road and River Ridge Parkway.

Stream Realty Partners Senior Vice Presidents Kevin Cosgrove and Payton Rion brokered the sale of the 45.67-acre plot. Cosgrove and Senior Vice President Adam Green will market the buildings for lease, own, or build-to-suit.

The development team is headed by Paul Wagner with Arco Murray Design Build in Austin, with civil engineering by Kimley-Horn.

The post Ledo Capital Group, St. Clair Commercial Real Estate Acquire 45.76 Acres For Industrial Development In San Marcos appeared first on Stream Realty Partners.

]]>
Stream Realty Partners Hires Seasoned Professional To Continue Expanding Land Brokerage Business in Dallas, Fort Worth  https://streamrealty.com/stream-realty-partners-hires-seasoned-professional-to-continue-expanding-land-brokerage-business-in-dallas-fort-worth/ Wed, 03 May 2023 07:30:46 +0000 http://streamrealty.com/?p=25268 Stream Realty Partners has recruited a seasoned land professional to help owners, developers, and investors maximize the value of their real estate holdings in today’s changing economic and regulatory landscape. Shawn M. Street will serve as a Vice President of Dallas’ land division, working alongside Senior Vice President Demian Salmon to expand the firm’s land […]

The post Stream Realty Partners Hires Seasoned Professional To Continue Expanding Land Brokerage Business in Dallas, Fort Worth  appeared first on Stream Realty Partners.

]]>
Stream Realty Partners has recruited a seasoned land professional to help owners, developers, and investors maximize the value of their real estate holdings in today’s changing economic and regulatory landscape.

Shawn M. Street will serve as a Vice President of Dallas’ land division, working alongside Senior Vice President Demian Salmon to expand the firm’s land brokerage business across the Metroplex. He will be responsible for identifying, sourcing, and closing land transactions. Stream land experts leverage industry-leading technology to provide market analysis, feasibility studies, strategic site selection, residual valuations, highest and best uses, mapping, and demographic research.

Street was a Senior Vice President with Younger Partners and founded Street & Associates prior to joining Stream, a national commercial real estate firm headquartered in Dallas and offering an integrated platform of services.

“I chose Stream for its culture and reputation as a best-in-class business,” Street said. “The firm lives up to its values of putting relationships first, adapting to a constantly changing market, and continuously growing its culture. The best organizations are built on great people, and I wanted to be a part of that at Stream.”

Street brings prior commercial real estate experience to his new role, working as a Consultant at Landry Commercial Inc. He also spent more than nine years as an Independent Petroleum Landman for Tidewater Development.

“Shawn brings a passion for finding off-market transactions and maximizing their value for landowners,” Salmon said. “I have no doubt he will hit the ground running thanks to his extensive knowledge of the DFW market.”

Stream’s land division has brokered more than 150 transactions of more than 3,170 acres in the Dallas-Fort Worth area in the last several years. The total value of those deals was $359 million.

The post Stream Realty Partners Hires Seasoned Professional To Continue Expanding Land Brokerage Business in Dallas, Fort Worth  appeared first on Stream Realty Partners.

]]>
Stream Realty Partners Assists Northridge Capital In $19.15 Million Sale Of Grinnell Water Works https://streamrealty.com/stream-realty-partners-assists-northridge-capital-in-19-15-million-sale-of-grinnell-water-works/ Fri, 26 May 2023 07:00:48 +0000 http://streamrealty.com/?p=25478 A historic creative office building in the FreeMoreWest submarket has sold for $19.15 million. A Charlotte-based real estate investment firm has purchased Grinnell Water Works at 1435 W. Morehead St. from Washington, D.C.-based Northridge Capital, an independent real estate asset management firm. The property was 70% leased at the time of the sale. Stream Realty […]

The post Stream Realty Partners Assists Northridge Capital In $19.15 Million Sale Of Grinnell Water Works appeared first on Stream Realty Partners.

]]>
A historic creative office building in the FreeMoreWest submarket has sold for $19.15 million.

A Charlotte-based real estate investment firm has purchased Grinnell Water Works at 1435 W. Morehead St. from Washington, D.C.-based Northridge Capital, an independent real estate asset management firm. The property was 70% leased at the time of the sale.

Stream Realty Partners Senior Associate Alex Olofson and Jared Londry of PointBlank Ventures represented the seller in the transaction. Stream, a national commercial real estate firm offering an integrated platform of services, has a growing office in Charlotte that operates in North and South Carolina.

“We at Northridge Capital have tried to be good stewards of a truly iconic asset in Grinnell Water Works for the past seven years and wish the new owner the best of luck going forward,” said David Etemadi, Managing Director with Northridge Capital. “We would also like to thank Alex, Insite Properties, Jared, and everyone involved for an incredibly smooth transaction during a very difficult time in the market.”

Grinnell Water Works was built in 1930 and offers approximately 52,000 square feet of rentable office space across two floors. The building features a standout sawtooth roof design with high-character industrial skylights, loft ceilings, and exposed brick.

Tenants of Grinnell Water Works are afforded easy access to Interstates 77 and 277 and are surrounded by an expanding restaurant and brewery scene. FreeMoreWest is within minutes of Charlotte’s South End, Bank of America Stadium, a proposed LYNX Silver Line, and Charlotte Pipe and Foundry, a 55.5-acre master-planned, multi-phase development.

“Our team is proud to announce the sale of Grinnell Water Works on behalf of Northridge Capital,” Olofson said. “The transactions market is facing ongoing headwinds, and this sale is a testament to investors’ steadfast demand for innovative office buildings in vibrant neighborhoods that deliver workspaces where talent can collaborate and thrive. This building provides substantial upside and value creation through mark-to-market rent growth and near-term rollover in a burgeoning micro market. We are excited to see the buyer’s transformation in this growing corridor.”

Stream Carolinas, under the direction of Executive Managing Director and Partner Daniel Farrar, continues to expand its footprint across North and South Carolina. The firm recently announced its move into the Greenville-Spartanburg industrial market as it looks to tap into that region’s growth. Leaders are also focused on expanding the office’s capital markets and advisory practices.

The post Stream Realty Partners Assists Northridge Capital In $19.15 Million Sale Of Grinnell Water Works appeared first on Stream Realty Partners.

]]>
Charlotte’s Chadbourn Mill Sells For $12.5 Million; Stream Realty Partners Represents Sellers https://streamrealty.com/charlottes-chadbourn-mill-sells-for-12-5-million-stream-realty-partners-represents-sellers/ Thu, 08 Jun 2023 16:40:22 +0000 http://streamrealty.com/?p=25499 Northpond Partners announces the expansion of its footprint in Charlotte with the purchase of Chadbourn, an adaptive reuse development in a historic 1930s textile mill located in Charlotte‘s booming Mill District. Northpond Partners closed on the $12.5 million property on June 5, 2023, purchasing the North Brevard Street property from FCP. White Point remains a […]

The post Charlotte’s Chadbourn Mill Sells For $12.5 Million; Stream Realty Partners Represents Sellers appeared first on Stream Realty Partners.

]]>
Northpond Partners announces the expansion of its footprint in Charlotte with the purchase of Chadbourn, an adaptive reuse development in a historic 1930s textile mill located in Charlotte‘s booming Mill District. Northpond Partners closed on the $12.5 million property on June 5, 2023, purchasing the North Brevard Street property from FCP. White Point remains a partner on the development.

Stream Realty Partners Senior Associate Alex Olofson of Stream Realty Partners and Jared Londry of Point Blank Ventures served as brokers. 

“Similar to our other projects in Charlotte, The Alley at Latta Arcade and The Stuward,   Chadbourn is an opportunity to be a part of the revitalization of a historic property in a dynamic area,” says Sam Ankin, co-founder and managing principal of Northpond. “The Mill District is growing rapidly and we’re proud to add to the area’s resurgence by creating a lively atmosphere for the community to shop, dine and work.”

Northpond Partners hired Southwick architecture + interiors to maintain the historical integrity and character of the property while creating modern and inviting retail and dining spaces. They plan to reinvigorate Chadbourn with the addition of 7,000 square feet of patio space on either side of the building and a woonerf, a “living street” with room for pedestrians, cyclists, and cars. They also plan to install garage doors on the 18,000 square feet of ground-level retail spaces to create an indoor-outdoor flow, and add a lawn adjacent to the 2,100-square-foot retail structure that sits beneath the iconic Chadbourn smokestack.

“Chadbourn Mill is a high-profile, value-add redevelopment that offers the opportunity to yield a lasting impact on the community and this emerging area of Charlotte,” Olofson said. “We are grateful to have played a part in this transaction and look forward to seeing Northpond and White Point build on the momentum.”

The second floor of the main building will remain as the corporate headquarters for Ekos, the leading business management software developer for the beer, wine, and cider industries.

“We are glad to have found a like-minded partner in Northpond to continue refining our initial vision with Chadbourn and bring it into an exciting new phase,” says Erik Johnson, co-founder of White Point.

Construction is expected to be complete in 2024.

 

 

 

 

 

 

 

The post Charlotte’s Chadbourn Mill Sells For $12.5 Million; Stream Realty Partners Represents Sellers appeared first on Stream Realty Partners.

]]>
Stream Realty Partners And Cresa Represent Air & Space Forces Association In $16.25 Million Office Building Sale https://streamrealty.com/stream-realty-partners-and-cresa-represent-air-space-forces-association-in-16-25-million-office-building-sale/ Wed, 21 Jun 2023 22:51:29 +0000 http://streamrealty.com/?p=25636 Cresa’s Mindy Saffer and Natalie Gosnell, along with Stream Realty Partners’ Matt Pacinelli and Charlie Smiroldo, represented the Air & Space Forces Association in the $16.25 million sale of its national headquarters building to Taicoon 1501 Langston LLC. AFA, which has owned the property at 1501 Langston Blvd. in Arlington, Virginia, since 1984, signed a […]

The post Stream Realty Partners And Cresa Represent Air & Space Forces Association In $16.25 Million Office Building Sale appeared first on Stream Realty Partners.

]]>
Cresa’s Mindy Saffer and Natalie Gosnell, along with Stream Realty PartnersMatt Pacinelli and Charlie Smiroldo, represented the Air & Space Forces Association in the $16.25 million sale of its national headquarters building to Taicoon 1501 Langston LLC.

AFA, which has owned the property at 1501 Langston Blvd. in Arlington, Virginia, since 1984, signed a short-term leaseback prior to relocating. AFA’s Board of Directors approved the sale in April.

“The building has served our association very well for many years,” said AFA President and CEO Lt. Gen. Bruce Wright, USAF (Ret.). “But as we have evolved it, it has become clear that the AFA of today, and especially tomorrow, has different needs than those of 40 years ago. A more modern and flexible facility will enhance our operational capability and open new doors to growth in the future. That, in turn, will enable us to be ever more effective advocates for the Airmen and Guardians of our U.S. Air Force and Space Force.”

The 85,422-square-foot, Class B office building sits on 1.3 acres in the prominent and much sought-after Rosslyn neighborhood in Arlington’s Rosslyn-Ballston Corridor. AFA occupies 28,715 rentable square feet, while the rest of the property is leased to 10 other tenants.

“AFA is on a mission to modernize and that includes creating new, technology-driven space in a location that puts it closer to its business partners and government agencies,” Saffer said. “We look forward to continuing our partnership with the entire AFA team and helping advance its mission well into the future.”

1501 Langston Blvd. was 79% leased at the time of sale.

The post Stream Realty Partners And Cresa Represent Air & Space Forces Association In $16.25 Million Office Building Sale appeared first on Stream Realty Partners.

]]>
Stream Realty Partners Selected As Exclusive Brokerage Firm To Market, Sell 311 Acres Near Atlanta Airport https://streamrealty.com/stream-realty-partners-selected-as-exclusive-brokerage-firm-to-market-sell-311-acres-near-atlanta-airport/ Tue, 08 Aug 2023 06:00:19 +0000 https://streamrealty.com/?p=26594 The City of College Park’s Business and Industrial Development Authority has chosen Stream Realty Partners to provide exclusive real estate brokerage services for the sale of Six West, composed of 311 acres close to the world’s busiest airport. Stream, a national commercial real estate firm offering an integrated platform of services, was tapped to market […]

The post Stream Realty Partners Selected As Exclusive Brokerage Firm To Market, Sell 311 Acres Near Atlanta Airport appeared first on Stream Realty Partners.

]]>
The City of College Park’s Business and Industrial Development Authority has chosen Stream Realty Partners to provide exclusive real estate brokerage services for the sale of Six West, composed of 311 acres close to the world’s busiest airport.

Stream, a national commercial real estate firm offering an integrated platform of services, was tapped to market the master-planned development sitting directly west of Hartsfield-Jackson Atlanta International Airport and downtown College Park. The property, which College Park assembled and completed entitlements for, is bound by Herschel Road to the west, Camp Creek Parkway to the south, College Park Historic District to the east, and Redwine Avenue to the north.

Stream Atlanta Managing Director Bryan Heller, Senior Vice President Christopher Dean, Senior Vice President of Construction Virginia Crabtree, and Senior Associate Malik Leaphart will serve as brokers. Stream, which has operated a core office in Atlanta since 2009, will be authorized to promote and market the interests of the city, seek an acceptable price for the property, and counsel city officials on market comparisons for similar properties. The property may be purchased in total, as neighborhood districts, or as separate parcels.

“We know Stream Realty Partners delivers vibrant, mixed-use projects in urban areas,” said College Park Mayor Bianca Motley Broom. “The iconic developments they’ve created across Metro Atlanta reflect the vision we have for our community. We are thrilled they have partnered with us to help activate Six West and build on the exciting growth underway all around the airport.”

Six West has been divided into five distinct districts that include multiple hotels, local and national restaurants, luxury and casual retail stores, new and improved amenities at the Historic College Park Golf Course, a host of entertainment options, a Cultural Center, and plenty of green space. Class A office space for international headquarters, medical offices, local university satellite campuses, research centers, and technology incubators also is expected.

“We are excited to partner with Stream to advance the vision for Six West,” said Selissa Jefferson, Chair of College Park’s Business and Industrial Development Authority. “Six West is poised to positively transform College Park and the south metro region to benefit residents, employees, and visitors alike. Stream has the track record, the experience, and the expert team in place to deliver for our community.”

According to the city’s district plan for Six West, the project “aims to encourage strategic and sustainable community-centered development to create a publicly accessible, live, work, and play community and global destination.”

“We are thrilled to have been chosen as the exclusive real estate broker for Six West by the City of College Park,” Dean said. “We look forward to working closely with the City to secure a partner to create a vibrant, sustainable community and a global destination.”

College Park is home to the Georgia International Convention Center and new Gateway Center, a multipurpose sports and entertainment arena venue, home to the WNBA Atlanta Dream and the Hawks NBA G League team (College Park Skyhawks). Nearly 14,000 residents live in the city’s 11 square miles, but employers tap into the Atlanta metropolitan’s more than 3 million labor force. Two MARTA stations (College Park and Airport), the world’s busiest airport, and highways including Interstate 85 and U.S. Route 29 provide access to Atlanta and surrounding suburbs.

For information about land at Six West, contact Stream Atlanta at 404.962.8600.

The post Stream Realty Partners Selected As Exclusive Brokerage Firm To Market, Sell 311 Acres Near Atlanta Airport appeared first on Stream Realty Partners.

]]>
Trumark Hires Stream Realty Partners To Sell Historic Landmark Bowling Alley In Covina, CA https://streamrealty.com/trumark-hires-stream-realty-partners-to-sell-historic-landmark-bowling-alley-in-covina-ca/ Tue, 17 Oct 2023 15:24:21 +0000 https://streamrealty.com/?p=26838 IRVINE, CA – October 17, 2023 – Stream Realty Partners has been named sales agent for Covina Bowl, a historic property that recently underwent a major restoration.  Owned by The Trumark Group and located in the San Gabriel Valley submarket, the 10,110-square-foot, one-story former bowling alley at 1060 W. Bernardino Road in Covina is currently […]

The post Trumark Hires Stream Realty Partners To Sell Historic Landmark Bowling Alley In Covina, CA appeared first on Stream Realty Partners.

]]>
IRVINE, CA – October 17, 2023 – Stream Realty Partners has been named sales agent for Covina Bowl, a historic property that recently underwent a major restoration. 

Owned by The Trumark Group and located in the San Gabriel Valley submarket, the 10,110-square-foot, one-story former bowling alley at 1060 W. Bernardino Road in Covina is currently the only stand-alone building for sale in the city. It is well-known for its distinctive Googie architectural style, characterized by futuristic designs, upswept roofs, bold angles, and generous use of glass and steel.  

Managing Director Mike Adams, Vice President Geoff Foley, and Senior Associate Morgan Adams will serve as sales agents for Stream, a national commercial real estate firm offering an integrated platform of services. Stream has a core office in Irvine and satellite location in the Inland Empire. 

The one-of-a-kind property presents a unique opportunity for an owner/user to acquire a building that boasts both historical significance and architectural appeal. Versatile usage options for diverse user and tenant needs include food halls, restaurants, fitness, shared workspaces, specialty grocers, healthcare, breweries, and coffee shops.  

Mike McGinn, Vice President of Land Acquisition at The Trumark Companies, said, “Preserving and restoring historical aspects of Covina Bowl’s original structure was a crucial element of this redevelopment project. It was important to ensure its legacy lived on within the local community. We believe that with the help of Stream, we’ll build upon the current momentum and drive interest within their extensive network to find the right buyer.”  

Built in 1956 and designed by Powers, Daly, and DeRosa, the building’s unique architecture was influenced by car culture, jets, the Atomic Age, and the Space Age. The Googie style originated in Southern California from the Streamline Moderne architecture of the 1930s and was prevalent in the U.S. from around 1945 to the early 1970s. Covina Bowl’s trademark A-frame entrance and large neon sign have helped establish its iconic status, differentiating it from other buildings in the neighborhood. 

 “We’re excited to market this historic landmark on behalf of Trumark and identify an owner or user that truly appreciates the vintage attributes of Covina Bowl,” said Mike Adams. “It has a storied past that makes it special in the eyes of the local community, and we’re confident that with the property’s prime location, distinct style, and wide range of potential uses, that demand will be strong from a multitude of users/owners.” 

The property underwent a restoration program in 2023, which included repairing and cleaning the folded plate canopies and stonework on the exterior of the building, and restoring the original colors of turquoise, gold, and coral. The adaptive reuse development also includes The Flats & Townhomes at Covina Bowl, a residential community that offers uniquely designed and customizable floor plans, modern amenities, and nostalgic accoutrements that pay homage to the original landmark structure. With a mix of restaurants, shops, and recreation, the entire Covina Bowl project offers an indoor and outdoor lifestyle environment that brings community and culture together. 

For more information about Covina Bowl, contact Stream Southern California at 949.203.3030.  

About Stream Realty Partners
Stream Realty Partners is a national commercial real estate firm offering an integrated platform of services including leasing, Legendary CX property management, tenant and landlord representation, capital markets, investment management and sales, development, construction management, national program management, workplace strategies, strategic marketing, and dedicated research. The company is headquartered in Dallas and operates 15 core offices in markets that cover areas including Alexandria, VA; Arlington, VA; Atlanta; Austin; Boca Raton; Charleston; Charlotte; Chicago; Colorado Springs; Dallas; Denver; Fort Lauderdale; Fort Worth; Greenville, SC; Houston; the Inland Empire; Irvine; Los Angeles; Miami; Nashville; Orange County; Phoenix; Raleigh-Durham; Reston, VA; San Antonio; Tysons; Washington, D.C.; and West Palm Beach. Since 1996, Stream has grown to more than 1,350 professionals and now completes more than $6.9 billion annually in office, industrial, retail, healthcare, land, and data center transactions. For information, visit www.streamrealty.com and follow Stream on LinkedIn, Instagram, Twitter, and Facebook.   

The post Trumark Hires Stream Realty Partners To Sell Historic Landmark Bowling Alley In Covina, CA appeared first on Stream Realty Partners.

]]>