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Mauro Olivieri Headshot

Madison Marquette Appoints Mauro Olivieri as General Manager at City Place Doral

Headshot

Mauro Olivieri , General Manager, City Place Doral

DORAL, FL—August 25, 2020—Madison Marquette, a leading private full-service real estate provider, investment manager, developer

and operator, announced today the appointment of Mauro Olivieri as General Manager at City Place Doral a master-planned, mixed-use development nestled in the heart of Miami-Dade County. In this role, Olivieri will manage the center’s daily property operations, special events, marketing, short-term and specialty income events, as well as achieving revenue targets for the center.

Prior to joining Madison Marquette, Olivieri was General Manager for Starwood Retail Partners, where he was responsible for Westland Mall, a regional 1 million square foot mall in Hialeah, Fl. He also served as General Manager for Gumberg Asset Management Corp’s Southland Mall in Miami where he was responsible for the financial, operations, marketing, leasing and administration of the center. He has also held positions as Leasing Specialist and Business Development Manager at Jones Lange LaSalle and Ocean View International Reality in Miami.

“I am delighted to welcome Mauro to the team at City Place Doral,” said Patty Nooney, EVP/Director of Operations for Madison Marquette’s East region. “His 18 year career as a shopping center GM has positioned him to jump right into this new role and we look forward to seeing his exciting improvements at the property.”

Olivieri is a graduate of Florida International University where he received a B.S. in International Business. He is a member of the International Council of Shopping Center, Hialeah Chamber of Commerce, National Hispanic Chamber of Commerce, Greater Miami Chamber of Commerce, and the Cutler Bay Chamber of Commerce.

 

ABOUT MADISON MARQUETTE

Madison Marquette is a leading private full-service real estate provider, investment manager, developer and operator headquartered in Washington, D.C. The company delivers integrated investment, development, leasing and management services to a diverse portfolio of 330 assets in 20 states and manages an investment portfolio valued at over $6 billion. The company partners with global, institutional and private investors to provide industry-leading investment and advisory services across asset classes — including mixed-use, retail, office, medical, industrial, senior living and multi-family. Following its 2019 merger with the Boston-based Roseview Group, Madison Marquette added capital markets, investment banking and corporate advisory services to its integrated capabilities. Founded in 1992, the company built its reputation on the successful development, repositioning and redevelopment of landmark mixed-use assets, and now leverages that performance legacy to provide clients with exceptional asset services and investment advice. Madison Marquette has a strategic bench of professionals providing nationwide service from 14 regional markets and is a member of the Capital Guidance group of companies. For additional information, visit www.madisonmarquette.com.

Doral_FL_Asset_Management

Madison Marquette Selected as Property Manager for CityPlace Doral

Iconic Florida Center Appoints Industry-Leading Expert for Asset Services
WASHINGTON, DC—February 26, 2020–Madison Marquette, a leading private full-service real estate provider, investment manager, developer and operator, announced today it has been selected by CityPlace Doral to provide property management and marketing services for City Place Doral, the iconic 240,000 Sq. Ft. center located in Doral Florida. CityPlace Doral, developed by The Related Group in partnership with PGIM Real Estate, is a master-planned, mixed-use development nestled in the dynamic employment heart of Doral in Miami-Dade County (FL).

“We are delighted to have been awarded this important assignment at CityPlace Doral,” said Patty Nooney, EVP-Operations East, Madison Marquette.  “The Related Group and PGIM Real Estate have created a unique and exciting live-work-play destination at CityPlace Doral and we are excited to add our expertise to the appealing dining, entertainment and upscale shopping amenities.”
CityPlace Doral is a master-planned, mixed-use development combining the vision of world-renowned architects, designers and artists into a thriving destination in one of South Florida’s fastest growing cities.  The project offers 240,000 square feet of retail space including more than 40 dining, shopping and entertainment options, 700 multi-family units and 120 luxury small family homes.
“We are enthusiastic to join forces with Madison Marquette to bring City Place Doral to the next level as the most dynamic live-work-play environment in South Florida,” said William Shewalter, Senior Vice President of Development, Related Development.

Madison Marquette is nationally recognized for its successful development, and management of landmark mixed-use assets and now leverages that performance legacy to provide clients with exceptional asset services and investment advice.

ABOUT MADISON MARQUETTE
Madison Marquette is a leading private full-service real estate provider, investment manager, developer and operator headquartered in Washington, D.C. The company delivers integrated investment, development, leasing and management services to a diverse portfolio of 330 assets in 20 states and manages an investment portfolio valued at over $6 billion. The company partners with global, institutional and private investors to provide industry-leading investment and advisory services across asset classes — including mixed-use, retail, office, medical, industrial, senior living and multi-family. Following its 2019 merger with the Boston-based Roseview Group, Madison Marquette added capital markets, investment banking and corporate advisory services to its integrated capabilities. Founded in 1992, the company built its reputation on the successful development, repositioning and redevelopment of landmark mixed-use assets, and now leverages that performance legacy to provide clients with exceptional asset services and investment advice. Madison Marquette has over 620 professionals providing nationwide service from 14 regional markets and is a member of the Capital Guidance group of companies. For additional information, visit www.madisonmarquette.com.

About PGIM Real Estate
PGIM, the global investment management business of Prudential Financial, Inc. (NYSE: PRU), is one of largest real estate investment managers in the world, with more than $175.9 billion1 in gross real estate assets under management and administration, as of September 30, 2019. Through its PGIM Real Estate and PGIM Real Estate Finance businesses, PGIM leverages a 140-year history of real estate lending on behalf of institutional and middle-market borrowers2, a 49-year legacy of investing in commercial real estate on behalf of institutional investors, and the deep local knowledge and expertise of professionals in 31 cities around the world.

PGIM Real Estate, the real estate investment management business of PGIM, has been redefining the real estate investing landscape since 1970. Combining insights into macroeconomic trends and global real estate markets with excellence of execution and risk management, PGIM Real Estate’s tenured team offers to its global clients a broad range of real estate equity, debt, and securities investment strategies that span the risk-return spectrum and geographies. For more information, visit www.pgimrealestate.com.
1 AUA equals $34.5 billion and the net AUM globally includes $49.8B for PGIM Real Estate.
2 Includes legacy lending through PGIM’s parent company, Prudential Financial, Inc.

daniel_meyers_biznow_conference

The 3 Must-Haves That Are Part Of The Placemaking Equation

By 2020 Shawna De La Rosa, Bisnow Seattle
Feb 5, 2020

What if we built communities around public spaces? What if we chiseled neighborhoods into the city? Each area would have its own soul, its own identity. That’s called placemaking and a panel at Bisnow’s Seattle 2020 Forecast discussed what it takes to transform a space into a place where people want to be.

The first component of placemaking is finding the right retail, because retail anchors these places, and the right mix of retailers is critical, Madison Marquette Senior Vice President Daniel Meyers said.

“Really good retail is the catalyst,” he said. “Spaces have to have good environments where people want to be.”
[Read more]

Developer Behind DC’s $2.5 Billion Wharf Aims to Build Something Bigger

Amer Hammour Talks About His Plans to Grow Madison Marquette

Madison Marquette acquires 135,000 square feet of office in Miami, FL

MIAMI, FL, January 21, 2020 – Madison Marquette, a leading private full-service real estate provider, investment manager, developer and operator has acquired two office buildings in Miami, FL on behalf of a discretionary institutional commercial real estate fund (the “Fund”) from a seasoned Spanish investor, represented in the United States by EXAN Capital. The buildings, Bayview Executive Plaza located at 3225 Aviation Avenue, and Continental Plaza located at 3250 Mary Street, herein referred to as the “Coconut Grove Portfolio”, represent over 135,000 square feet of premium office space in the supply-constrained Coconut Grove submarket. This is the first acquisition in Miami for the Fund, which was formed in 2012 to acquire and reposition office properties throughout the United States.

3225 Aviation Avenue. Source: Costar.

3250 Mary Street. Source: Costar.

Axiom Capital Advisors’ Founder Roberto Susi and Principal Jose Sasson represented Madison Marquette in the off-market transaction. Susi and Sasson said the deal was largely driven by the healthy office dynamics in Miami, which is seeing positive net absorption, falling vacancy rates and corresponding increases in rental rates. The sale of the assets on behalf of the Spanish investor was accomplished in connection with a global strategy of disposing office assets in order to expand said investor’s industrial portfolio. The two buildings were a combined 90% leased at the time of sale.

Madison Marquette will provide investmers’ Founder Robent, asset and project management services to complete an enhanced repositioning of both office properties. Madison has also retained Exan Management Services, LLC, to oversee the daily property management of the buildings, and Jones Lang LaSalle as leasing agents for the building.

The combination of modernized amenities and historic charm of the properties, speculative suite leasing, walkable retail amenities and executive and workforce housing gives the properties a competitive advantage in the greater Miami market.

Strategic initiatives include upgrading interior and exterior common areas at both properties, incorporating a speculative suite program for the remaining vacancy, and adding a management and conference facility to Continental Plaza.

“The acquisition of the Coconut Grove Portfolio presents Madison Marquette with a unique opportunity to own and operate two quality office buildings with significant upside potential in a market with single digit vacancy,” said Mike Falvey, Director at Madison Marquette. “The influx of capital and development of both residential and retail in Coconut Grove was a large factor in Madison trying to acquire these boutique office assets. That said, the off-market nature of this acquisition was only made possible by the tireless effort of Axiom Capital Advisors and the EXAN Capital team, and we look forward to working with both groups in the New Year.”

 

ABOUT MADISON MARQUETTE

Madison Marquette is a leading private real estate investment manager, service provider, developer and operator headquartered in Washington, D.C. As a full-service real estate provider, the company delivers integrated investment, development, leasing and management services to a diverse portfolio of 330 assets in 20 states and manages an investment portfolio valued at over $6 billion. The company partners with global, institutional and private investors to provide industry-leading investment and advisory services across asset classes — including mixed-use, retail, office, medical, industrial, senior living and multi-family. Following its 2019 merger with the Boston-based Roseview Group, Madison Marquette added capital markets, investment banking and corporate advisory services to its integrated capabilities. Founded in 1992, the company built its reputation on the successful development, repositioning and redevelopment of landmark mixed-use assets, and now leverages that performance legacy to provide clients with exceptional asset services and investment advice. Madison Marquette has over 620 professionals providing nationwide service from 14 regional markets and is a member of the Capital Guidance group of companies. For additional information, visit www.madisonmarquette.com.

ABOUT EXAN CAPITAL

EXAN Capital is a Real Estate Investment Firm with an exclusive focus on commercial properties. Its multiple capital sources stem from private and institutional relations throughout Latin America and Europe. Since 2014 EXAN has invested over $2.4 billion, through different capital sources, in New York, Florida, Texas, Massachusetts, Illinois, Washington D.C, and Virginia. Furthermore, EXAN currently has $1.7 billion in Assets under Management (AUM) with over 3.9 million square feet of net rentable area. For additional information, visit www.exancapital.com

ABOUT AXIOM CAPITAL ADVISORS

Axiom Capital Advisors is a full service commercial real estate brokerage firm providing advisory services such as landlord and tenant representation as well as acquisition and consulting services. The focus of the firm is centered on maximizing the value of a real estate asset.  Whether serving in the capacity of broker, advisor, manager, owner or developer, the firm’s over forty five years of combined experience help leverage and combine knowledge, expertise and relationships for the benefit of the firm’s clients and projects. Axiom has carved a niche in creating “off-market” opportunities which have proven invaluable in multiple real estate cycles.

 

CONTACT:  Whitney Williams
Madison Marquette
713.209.5935
whitney.williams@madisonmarquette.com

Westside Stories: January 2020

There’s more than enough to explore on the Eastside, but you might consider crossing Lake Washington

By  | January 2, 2020 (as appearing in 425 Magazine)

PACIFIC PLACE UNVEILS MAJOR MILESTONE IN MULTI-MILLION-DOLLAR REDEVELOPMENT

Pacific Place has announced the opening of its new South Lake Union-facing grand entrance at Seventh Avenue and Olive Way. The Gensler-designed grand entrance will connect to the atrium and the existing Pine Street entry, which will become a two-story, street-level entrance with a new glass façade.  

Heywood Chan, Ye-H Photography

“The vision throughout the development has been to open up the center to the street,” stated Daniel Meyers, senior vice president, project management at Madison Marquette, who is spearheading the project for the developer. “The opening of the new entrance, which will ultimately allow for a full intersection of the city block and welcome Seattle to linger, dine, and shop, is a major milestone in actualizing this mission.”

The Northwest contemporary design weaves the quintessential natural elements of the Pacific Northwest in an abstract manner. Elements such as the Cascade Mountains were an inspiration for the design of the glass corner entrances. Modern lighting and interior design, including a grand curved wood wall, take influence from the rain, forest, and the Puget Sound. The new entrance also welcomes guests with a 24-foot-tall LED screen depicting images of the Northwest and representations from local artists.   

As the redevelopment tracks toward a completion in early 2020, the leasing team has been busy filling the new spaces with a dynamic mix of tenants. Lululemon Athletica will open a new retail store in January, located on level one, leading to the new entrance at Seventh Avenue and Olive Way. The shopping center will also continue its pop-up store program, including Bezel & Kiln, Simply Seattle, and Wishes Toys & Games. And Seattle’s 8,408-square-foot HaiDiLao location will open early spring 2020 on the third floor of Pacific Place, adjacent to the skybridge to the Nordstrom flagship store. New tenants are anticipated to be announced once leases are signed.

[Read more.]

Luminary at One Light cited among Baltimore’s luxury living residences

Year in Review 2019: Luxury apartment expansion keeps rolling on

Baltimore’s luxury residential boom continued last year as large, multi-family projects continued to open up downtown.

Photo: Carley Milligan

Nearly 800 new units started leasing this year in high-profile, luxury developments at The Luminary at One Light, Liberty Harbor East and Bainbridge Federal Hill in Locust Point. Eleven luxury penthouse apartments opened in the spring at 414 Light St., months after 383 apartment units there opened for leasing.

The units lease at rates between $1,200 a month for a one-bedroom to over $8,000 a month for a penthouse.

[Read more.]

Madison Marquette Appointed Management of Maitland Concourse in Orlando

The Three-Building Class A Office Portfolio Is Owned by Warmack Investments

ORLANDO, FL—December 9, 2019—Madison Marquette, a leading national real estate investment manager, service provider, developer and operator, announced today it has been appointed to provide property management, engineering, and accounting services at Maitland Concourse, a three-building Class A office portfolio in Orlando, Florida. Located in the dynamic Maitland submarket, the project totals 136,683 Sq. Ft. and features a park-like atmosphere for its tenants, and convenient access to major thoroughfares.

Madison’s eastern region team will oversee management of all three buildings, which are currently at 90% occupancy, with notable tenants including Sonny’s BBQ, BB&T, and Westcor Land Title Insurance Company.

“Madison Marquette’s appointment to manage Maitland Concourse will ensure that tenants continue to enjoy the highest level of building operations and services,” said Patty Nooney, EVP, Director of Operations, East. “We are thrilled to expand our relationship with Warmack Investments in this capacity, and look forward to our continued commitment to providing our management services to their projects.”

Melissa Edgin will serve as the Property Manager for Maitland Concourse. Madison Marquette also manages Millenia Park One, a 157,291 square foot Class-A office building in Orlando.

 

About Madison Marquette

Madison Marquette is a leading private real estate investment manager, service provider, developer and operator headquartered in Washington, D.C.  As a full-service real estate provider, the company delivers integrated investment, development, leasing and management services to a diverse portfolio of 330 assets in 20 states and manages an investment portfolio valued at over $6 billion.  The company partners with global, institutional and private investors to provide industry-leading investment and advisory services across asset classes — including mixed-use, retail, office, medical, industrial, senior living and multi-family. Following its 2019 merger with the Boston-based Roseview Group, Madison Marquette added capital markets, investment banking and corporate advisory services to its integrated capabilities. Founded in 1992, the company built its reputation on the successful development, repositioning and redevelopment of landmark mixed-use assets, and now leverages that performance legacy to provide clients with exceptional asset services and investment advice. Madison Marquette has over 620 professionals providing nationwide service from 14 regional markets and is a member of the Capital Guidance group of companies.

 

©2020 Madison Marquette, A Capital Guidance Company. All rights reserved.

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