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East Market Kicks Off Demolition and Construction with Lt. Governor Jim Cawley and Mayor Michael A. Nutter


Philadelphia, PA (PRWEB) October 03, 2014

Yesterday, Lieutenant Governor Jim Cawley and Mayor Michael A. Nutter joined together at 12th and Market Street in Philadelphia to officially launch demolition and construction for the first phase of East Market, a distinctive mixed-use development that will transform an entire block in the heart of the city. Joined by 1st District Councilman Mark Squilla, Jeffrey Kanne, president and CEO of National Real Estate Advisors and Dan Killinger, director of development for National Real Estate Development, the Administrations jointly announced their capital commitments.

The state recently designated an additional $ 2.5 million in an Economic Growth Initiative grant to the development, bringing the total state investment to $ 10 million. The city has committed $ 4 million in capital funding as part of the 2015-2016 capital budget which will be used for public improvements.

“Governor Corbett and I are both committed to taking steps that position Pennsylvania as a global destination and create a thriving economic environment that appeals to businesses, tourists and, most importantly, our residents,” said Lt. Governor Cawley. “This progressive urban development will build on the current transformation efforts already underway in the city and will only strengthen Philadelphia’s reputation as a world-class city. When completed, this project will add almost 300 permanent jobs and significantly add to the state’s tax revenue, while providing Philadelphians and those in the surrounding communities greater access to some of the world’s best stores and restaurants.”

“As part of the larger revitalization of Center City, and specifically Market Street, the impact of East Market will reach far beyond this development,” said Mayor Michael A. Nutter. “We are seeing tremendous growth in Philadelphia as people from all walks of life choose to move to the city; national and international events look to us as a host; and our rich history continues to attract tourists. Supporting developments like East Market, that will continue to foster this growth and enable us to provide all who visit or live here with the best experience possible, is a priority for my administration.”

In keeping with the East Market tagline, “Uniquely Urban. Classically Philly.”, the event was framed by 112 feet of artwork that depicts Market Street as it was in the early 1900’s, juxtaposed with a blend of renderings that illustrate what’s to come. Christian Cantiello, a native Philadelphia artist, provided art direction on the project, and created original typography artwork to blend the images and bring the story to life.

“Market Street was Philadelphia’s main street—the center of commerce and community,” said Killinger. “By having as many Philadelphians touch this project throughout each of the phases, we will stay true to that history and culture and create something special—a destination on Market Street that will connect the historic and business districts for the first time.”

“With the financing, retail and residential markets all strong, we are pleased to have partners in both Administrations right now, enabling us to take advantage of this positive real estate environment,” said Kanne. “This is an ambitious project that needs many partners to get it off the ground, and this grant money sends a clear message that these Administrations recognize the importance of East Market as it relates to the revitalization of Market Street. Not only will East Market have a short and long-term positive impact on the city economically, it also will create a truly unique urban community for residents and tourists, alike.”

Lieutenant Governor Cawley and Mayor Nutter kicked off the demolition by ceremonially breaking through concrete molds with sledgehammers. The first phase of the project encompasses the existing 1100 Market Street building and demolition is slated to begin in mid-October, with vertical construction set to begin in February 2015. East Market is jointly owned by National Real Estate Advisors, JOSS Realty Partners, Young Capital and SSH Real Estate.

Photo caption, L-R: Daniel Killinger, National Real Estate Development; Larry Botel, JOSS Realty LLC; Lt. Governor Jim Cawley; Mayor Michael A. Nutter; Jeffrey Kanne, National Real Estate Advisors; Michael Young, Young Capital; John Dougherty, IBEW Local 98; Councilman Mark Squilla. Not pictured: Peter Soens, SSH Real Estate.

About East Market

East Market, a pedestrian oriented development in the heart of Philadelphia, will revitalize an entire city block, from Market to Chestnut, 11th to 12th Streets. This multi-use location will blend urban and artisanal shopping and dining experiences into a new community with contemporary work and living spaces. The project is owned by National Real Estate Advisors,LLC, Joss Realty Partners LLC, Young Capital LLC and SSH Real Estate and developed by National Real Estate Development, LLC. For more information, please visit http://www.eastmarketphilly.com or email at eastmarket(at)natrealestatedevelopment(dot)com.

About National Real Estate Advisors, LLC

National Real Estate Advisors has $ 2 billion+ in assets under management for pension plan sponsors, investing in major U.S. urban markets using a build-to-core strategy. The company undertakes large-scale development and redevelopment projects in its open-end fund and separate account, building investment portfolios of stabilized modern property assets—apartment, office, mixed-use, industrial, data centers and hotels—with design features, technological enhancements, and amenities that can drive high tenant demand and create value over time. An SEC registered advisor, the firm is a subsidiary of the National Electrical Benefit Fund, a $ 12 billion pension plan sponsor. For more information visit, http://www.natadvisors.com.

About Joss Realty Partners LLC

Joss Realty Parters is a private real estate investment management firm headquartered in New York City. Since inception in 2005, JOSS has acquired 17 office assets totaling over 2.75 million square feet in New York, Washington DC, Philadelphia and Southeast Florida. JOSS owns BMS Real Estate Services LLC, an affiliated property management company with over 1,500,000 square feet of office under management. For more information visit, http://www.jrpllc.com.

About Young Capital LLC

Young Capital LLC is a Philadelphia-based real estate investment firm affiliated with Classic Management, Inc., a property management and development company founded by Michael Young in 1982. The firm owns and manages over 1,000 apartments in the Philadelphia area along with ownership interests in 2.1 million square feet of office and commercial buildings in Philadelphia and Washington, D.C.

About SSH Real Estate

SSH Real Estate is one of the largest privately held commercial real estate companies in the Greater Philadelphia Region. The firm is unique in that it is the only commercial real estate company in the area with the size and scope of experience in brokerage, property management and investments. SSH Real Estate’s experience in each line of service provides a better knowledge base and “big picture view”, which enables the firm to produce superior results for its clients. SSH Real Estate’s Investment Division with its equity partners currently owns and operates 9 office buildings totaling approximately 2.1 million square feet with a market value of over $ 300 million. For more information visit, sshrealestate.com.

About National Real Estate Development, LLC

National Development has successfully managed and consulted on the development of complex projects in selected cities across the U.S. including office, multi-family residential, retail, hotel and mixed-use properties. These projects generally consist of high-density, high-rise developments located in primary urban areas where experience is the key to successful outcomes. National Development senior staff members average more than 25 years of experience in various aspects of real estate development and construction, including architecture, engineering, construction and finance. National Development has been engaged by Girard Square A NY, LP under a Development Services Agreement to provide comprehensive development management and construction management services from pre-development through completion of construction. For more information visit, natrealestatedevelopment.com.







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Chicago Area Caring Transitions Franchise Owner Recognized by NSBAR


Evanston, IL (PRWEB) October 03, 2014

Caring Transitions of Chicago and North Suburbs owner Erin Marcus was just recognized by The North Shore-Barrington Association of REALTORS as the organization’s Affiliate Member of the Year.

Marcus joined the association two years ago when she launched her local Caring Transitions franchise. Marcus’ business specializes in managing senior moves, downsizing, and estate liquidation. Full service projects include everything from helping to choose what is going to the new home, to liquidating items no longer desired and getting a house ready for market and for closing.

“I was completely surprised by the award. I sponsored the luncheon and was running around beforehand trying to get organized and talking to people and I wasn’t really even thinking about the actual awards. Being recognized hadn’t even crossed my mind. It was a nice surprise,” Marcus said.

“Being part of the organization isn’t just about building my business – it’s about being part of a community. I’ve become very active in the group since I joined two years ago. I’m on the board of the Women Council of Realtors in charge of membership and I head up the NSBAR workshop revitalizing the affiliate program. I also met my two primary “go-to” vendors through the group,” she said.

Marlene Rubenstein, Chair of NSBAR’s Awards & Recognition Committee, said she & others work with Marcus, recommend Marcus to their own real estate clients, especially if they are working with elderly clients or families that need an estate sale.

“I think Erin is absolutely terrific – personally as well as professionally. She genuinely loves what she does and it shows. As a service provider she does an outstanding job. She always goes over and above the call of duty … If the client has special needs or is particularly fuzzy, she is resourceful and creative and will offer an online sale as an alternative. She simplifies the process and makes it seamless from start to finish,” Rubenstein said. “Not only does she always get the most value for furniture, furnishings and personal possessions, she gets them picked up, delivered and cleans up when the sale is completed. My clients love her and she develops a beautiful relationship. As a professional, it is a pleasure to recommend Erin from introduction to exit she makes the caring transition with love, passion, commitment, ease, respect and success.”

In addition to the work Marcus does with the association and with her own business, Marcus also works with new Caring Transitions franchise owners, she has opened her business as a training center and she’s built a network of franchise owners who work together on projects throughout the year. Marcus also was recognized as the 2014 Caring Transitions Trailblazer of the Year.

Before launching her own business, Marcus worked in corporate America in long-term care insurance, most recently as the Senior Vice President of Business Development for LTCI Partners.

For more information on how Caring Transitions can serve you and your family, call (224)374-1996, email emarcus(at)CaringTransitions(dot)net or visit http://www.CaringTransitionsEvanston.com.

About Caring Transitions

Caring Transitions, founded in 2006, is the first national franchising concept specializing in Senior Relocation and Transition Services. With locations throughout North America, Caring Transitions provides clients with expert advice plus a well-executed transition plan beginning with the initial sorting of personal belongings through packing, shipping and selling of items to the final clearing and cleaning of the property. For more information, visit http://www.caringtransitions.com.







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Real Estate Marketing

Commercial real estate marketing is the most important thing you can do if you are the owner of commercial real estate thing. To do things for your rental market of the property:

marketing materials

Prepare a professional brochure Room for rent. A traveler goodwill of images of the construction of a shopping center or office space, information space, such as the size and the size and location of the property, a map Property, demographic information of the market area, traffic is adjacent roads have an antenna, the area that the other traffic generators is represented and contact information.

signal lease

you have a sign on the main entrance and corners of the house points and a signal to a property available that has your contact information . They always have this character in a professional manner.

preparation vacancy

room is in a positive light, if the equivalent of marketing displays. Ask for room thoroughly cleaned or dyed eliminate no-shows and, repaired and painted the walls and ceiling tiles and repaired and cleaned with old carpet lights. You can use the camera in the lease helps stage. If it is unlikely that the next tenant can benefit from improvements in space to take off and living in a “vanilla shell.” Remember also ensure that outside the room is clean and fresh.

Internet Marketing A good business program announces the sale of the property, the Internet, setting LoopNet, Costar, catalyst eProperty, Craigslist or other sites, including many of their own. Moreover, sending mass e-mail to the community and potential tenants broker is a must in order to publicize the vacancy.

advertising

other forms of advertising are distributing the brochure to potential renters by leaflets in a folder on the front of the unit available and an ad in a publication or local and regional newspapers door .

measure

Always attend regional and national trade shows for the industry where there is always someone to tell, with the potential tenant.

potential customers

If you’re on the phone with prospective eligible always ask questions before an appointment with them. Evaluate questions, acquisition of information belongs to their experiences, the type of business you want to open type how to finance the business, and if you open the business. Always together, can write a check and cheap credit as a potential customer, as part of their qualification to rent the room.

treatment against tenants

As fast as possible getting your calls returned. Arrive on time for appointments and qualifying questions to you. Tour of the area regarding the benefits of the space and discuss the marketplace and strengthening Put a safe place for samples of ease and convenience.

rental Make sure you are sure to have a lease that is acceptable to the community and the type of property you are renting. Also note the number of issues to be negotiated in the contract or a professional to handle this for you.

Another key to the market for commercial real estate, the right things to say and the chance to answer questions.

If you think you do not, a local commercial real estate agent for the offer.


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