Press Releases

Ark / Press Releases

Press Releases

Madison Marquette Veteran Honored by ICSC

John-david Franklin Receives Trustees Distinguished Service Award

Washington, D.C. — June 19 2020 — Madison Marquette, a leading private full-service real estate provider, investment manager, developer and operator, announced today that John-david Franklin, Senior Vice President – Retail Solutions, has received the prestigious Trustees Distinguished Service Award from the International Conference of Shopping Centers (ICSC).

“I am pleased to have been named a recipient of this award by ICSC,” stated John-david Franklin. “At Madison Marquette, we have long been dedicated to the creation of special places and to the strengthening of neighborhoods – something that is important to ICSC and that is reflected in the work done by this year’s and past recipients of the Trustees Distinguished Service Award,” Mr. Franklin added.

The Trustees Distinguished Service Award recognizes ICSC members who have also made significant contributions to the industry and have established themselves as leaders within the organization. It is symbolically a lifetime achievement award bestowed only upon longtime ICSC members and volunteers. The award honors members for their important role in helping ICSC achieve key milestones.

John-david Franklin has been a member of ICSC since 1981 and has held a variety of leadership positions with the organizations. At Madison Marquette, Mr. Franklin has been associated with the success of such iconic projects as Asbury Park Boardwalk and Montgomery Promenade among many others. Mr. Franklin has been a senior leasing executive with Madison Marquette since 2004.

“We appreciate ICSC’s recognition of John-david’s significant contributions to ICSC leadership and to the innovative evolution of the retail environment in the United States,” said Tom Gilmore, Chief Strategy Officer – Retail Solutions. “Madison Marquette has long supported the critical work being done by ICSC to anticipate and meet the changing needs of American retail investors, stakeholders and consumers,” Vince Costantini, CEO, added.

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.

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.

Madison Marquette - February 26, 2020 - Retail & Mixed-Use - cityplace doral, patty nooney - No Comments

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
[email protected]

Madison Marquette - January 22, 2020 - Office - No Comments

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 - December 17, 2019 - Office - maitland concourse, patty nooney - No Comments

Madison Marquette Partners with Bee Downtown to Build America’s Largest ‘Honeybee Corridor’

Beehive installation at Crown Pointe office campus helps rebuild honeybee population

Beehives installed at Crown Pointe office campus

ATLANTA, GA, December 9, 2019 – Madison Marquette recently celebrated the grand opening of three newly installed honey bee hives at the Crown Pointe office campus. The firm provides leasing and property management services for the campus on behalf of owner Pacific Oak Capital.

“We are extremely excited to initiate our partnership with Bee Downtown as part of our ongoing commitment to sustainability,” says Madison Marquette’s Julie Motsinger, EVP, Strategic Accounts. “Pacific Oak’s investment in the Crown Pointe beehives as an amenity program offers tenants a point of engagement focused on environmental stewardship.”

The Bee Downtown Atlanta corridor is comprised of nearly 40 miles of healthy hives spanning from Fayetteville, Georgia to the program’s newest and most Northeastern partner located in Atlanta, Crown Pointe. In just two years, Bee Downtown has placed hives on more than 15 locations. The bees at each location forage in a radius of up to three miles on average, positively impacting more than 18,000 acres. As more and more companies join the Bee Downtown initiative, the three-mile radius the bees from each hive fly begin to overlap, creating a connected corridor throughout the city. Since the hives are all maintained through the same expert management process, they act as a valuable control group for assessing environmental health in the cities where they are found.

“I was very happy to welcome the new hives at Crown Pointe to the growing network of hives in Dunwoody and even happier to learn that they are close enough to interact with the bees at the Dunwoody Nature Center,” says Michael Cowan, Executive Director of Dunwoody Nature Center. “It is great to see a local business so supportive of our efforts to maintain a healthy pollinator population. While I know all office and corporate campuses don’t have the room to host bee hives, we hope they will all consider planting native pollinator-friendly plants and refrain from using harmful pesticides that end up killing so many helpful pollinators. I’m looking forward to a picnic in the Spring here in the beautiful garden at Crown Pointe!”

More about Bee Downtown.
Bee Downtown, a 2019 Forbes 30 Under 30 and 2018 Inc. Magazine 30 Under 30 company, installs and maintains beehives on corporate campuses across the South East to help rebuild healthy honeybee populations, while simultaneously providing year-round employee engagement and leadership development programs for their employees. The “buzzing” startup’s sustainable model paired with its one-of-a-kind corporate leadership development programming has landed them partnerships with companies like Cox Enterprises, AT&T, Chick-Fil-A, Delta Air Lines, Georgia Power, SAS, Burt’s Bees, ParmerRTP and more. In addition to its corporate hive program, Bee Downtown has just launched a biomimicry based corporate leadership development institute for forward-thinking companies as part of its BDT Leadership Institute. For more information about the BDT Institute, visit https://www.bdtinstitute.com/ . To join the Bee Team with Bee Downtown, visit https://www.bee-downtown.com/contact .

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.

Madison Marquette - December 17, 2019 - Office - No Comments

Madison Marquette Appoints Patty Nooney to EVP, Operations, East

(As appears on PR Newswire)

ATLANTA, GA – November 18, 2019 – Madison Marquette is pleased to announce the appointment of Patty Nooney, CCIM, CPM, SIOR as EVP, Operations, East. Based in Fort Lauderdale, Patty will lead the property management team, provide oversight to the construction management team, and ensure operational consistency across the firm’s eastern region.

Prior to joining Madison Marquette, Patty served as Senior Managing Director/Asset Services, Florida for CBRE, where she led property management and agency leasing teams serving owners of office, retail and industrial properties throughout the state.

“We are pleased to welcome Patty Nooney to our asset services team,” said Bill Weghorst, President, Property Services for Madison Marquette’s eastern region. “Patty’s depth of industry experience across office, retail and industrial properties will be a key asset, and we look forward to the enhanced services she will provide our clients.”

Patty has extensive experience with institutional clients at CBRE, American Spectrum Realty, and Nooney Krombach Co. In addition to several professional designations, she is a licensed real estate broker and holds a LEED-AP accreditation from the U.S. Green Building Council.

“Patty is a respected industry veteran that brings leadership experience across the entire lifecycle of an asset, from acquisition through disposition,” said Drew Genova, Chief Asset Services Officer for Madison Marquette. “Her expertise will complement Madison Marquette’s leasing and investment sales service lines, elevating our ability to create value for our clients through strategic management of their assets.”

Patty received a Bachelor of Business Administration (BBA) in Accounting from the University of Miami.

About Madison Marquette

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.

Madison Marquette - November 18, 2019 - Leadership - patty nooney - No Comments

Jon Carrasco Appointed Associate Director, Research and Data Analytics for Madison Marquette

(As appears on PR Newswire)

WASHINGTON — Madison Marquette, a leading private real estate service provider, operator and developer, is pleased to announce Jon Carrasco as Associate Director, Research and Data Analytics for Madison Marquette. In this role, Mr. Carrasco will be responsible for supporting the company's national brokerage platform by providing market intelligence, strategic analytical tools, and insight interpretation that will position the company to deliver more effective, competitive, and successful intelligence and analytics to its clients. He will report to the National Director of Research and senior market leadership to develop and execute strategic research plans to align with Madison's goals for expanding and improving its Research & Data Analytics platform.

"We are delighted to welcome Jon Carrasco to our research team," said Ariel Guerrero, SVP/Director of Research and Market Analysis for Madison Marquette. "His expertise in the industry's leading research data processing tools, combined with his background in intelligence analytics will provide our team with the resources needed to curate custom datasets and industry analysis for our clients."

Prior to joining Madison Marquette, Jon was a Senior Data Intelligence Analyst for CBRE where he was frequently invited to teach advance Tableau training sessions to research peers across the company. His research presentation platforms have been featured by CBRE Research as a Global Best Practice, and under his leadership, the intelligence team re-developed the company's proprietary database of lease comps and property data.

"With this addition to our research platform, Madison Marquette continues to enhance its analytics support, offering our clients the insight to drive decisions that add value to their real estate," said Drew Genova, Chief Asset Services Officer, Madison Marquette.

Jon is currently an adjunct professor of micro- and macroeconomics at Lone Star College, and is a graduate of Rice University with a B.A. in Mathematical Economic Analysis. He obtained both an M.A. in Economics and an M.S. in Finance from the University of Houston, and recently served as Chairman of the Finance Subcommittee for CBRE Cares.

He will be based in the Houston office.

About Madison Marquette

Madison Marquette - November 6, 2019 - Talent - research - No Comments

700 Louisiana Street to be Named TC Energy Center

Houston’s most iconic landmark building is being renamed for its lead tenant

HOUSTON, October 15, 2019 – M-M Properties, a Houston-based privately held commercial real estate investment firm, today announced TC Energy Center as the new name for 700 Louisiana Street, formerly known as Bank of America Center. The 56-story Class A office building was originally designed by noted architect Philip Johnson and has defined the Downtown Houston skyline since its completion in 1983.

TC Energy, one of the continent's largest providers of energy infrastructure including natural gas and oil pipelines, power generation and gas storage facilities, first occupied space in the building in mid-2013, and with a recent expansion now leases just over 300,000 square feet. Bank of America, the building’s former namesake tenant, recently vacated approximately 168,000 square feet when they relocated to Bank of America Tower earlier this year.

“The TC Energy Center, our U.S. headquarters, is a testament to the growth of our people and our operations in Houston and across the country. As our business grows, so do our resource needs. We are over 8,000 strong, with over 1,000 in Houston and continue to seek out bright, talented individuals to join our diverse and inclusive team – a team that is actively involved in giving back to this city and making a positive impact in society,” said Stan Chapman, Executive Vice-President and President, U.S. Natural Gas Pipelines.

Recognized by Business Insider as the state’s most beautiful building, 1.25 million square foot office tower is undergoing phase I of a $20 million renovation which will add an 8,000-square-foot white-tablecloth dining establishment on the Northwest corner of the lobby, and 10,000 square feet of creative office space featuring views onto Jones Plaza. Phase II of the project will include a new tenant lounge and conference center, a lobby coffee bar and new mezzanine level collaborative workspaces under the dramatic cathedral ceilings.

John Spafford and Madeline Gregory of Madison Marquette handle leasing for the property. “When we first put together a plan for TC Energy to relocate to the building we were able to demonstrate a path for growth that met the goals of both the tenant and ownership. It is extremely gratifying to see the plan come to its full realization” says Spafford.

About M-M Properties

M-M Properties is a privately held real estate investment firm that seeks to provide exceptional risk-adjusted returns to its investors through superior execution of carefully developed strategies. Its senior management team has worked together for tenures ranging from 7 to 17 years through several firms. Leadership has deep experience throughout real estate market cycles and multiple project phases including acquisition, disposition, recapitalization, development, investment and property management across a broad range of property types and within all major U.S. markets. The company or its principals have engaged in real estate investment activities on behalf of investors, partners or for its own account across a portfolio of assets that has included over 29 million square feet of office projects and almost 17,000 multifamily units with a cumulative transaction volume of approximately $8.5 billion. For additional information, visit: www.mmprop.com

About Madison Marquette

About TC Energy

TC Energy and its affiliates deliver the energy millions of people rely on every day to power their lives and fuel industry. Focused on what we do and how we do it, we are guided by core values of safety, responsibility, collaboration and integrity. Our more than 7,000 people are committed to sustainably developing and operating pipeline, power generation and energy storage facilities across Canada, the U.S. and Mexico. TC Energy’s common shares trade on the Toronto (TSX) and New York (NYSE) stock exchanges under the symbol TRP. Visit TCEnergy.com and connect with us on social media to learn more.

Media Contact:
Whitney Williams
713.209.5935
[email protected]

Madison Marquette - October 16, 2019 - Local News - No Comments

Madison Marquette acquires a 128,617-square-foot office building in Austin, TX

AUSTIN, TX, September 26, 2019 - Madison Marquette, on behalf of a discretionary institutional commercial real estate fund (the “Fund”), has acquired The Millennium, a five-story 128,617 square-foot office building located on Shepherd Mountain in Austin, Texas. This is the first acquisition in Austin for the Fund, which was formed in 2012 to acquire and reposition office properties throughout the United States. Additional acquisitions to date on behalf of the Fund include office properties in Houston, Boston, Atlanta, Philadelphia, Tampa, Sausalito and Scottsdale.

The Millennium | 6504 Bridge Point Parkway, Austin, TX

Cushman & Wakefield Capital Markets Group Vice Chairman, Mike McDonald, and Senior Directors, Celeste Fowden and Katy Jane Jenevein, represented the seller in the transaction. The property was purchased by National Instruments in 1991. A global engineering firm leased the space following National Instruments relocation in the 1990’s, then gradually gave back space starting in 2012, ultimately vacating the property in 2017. National Instruments then pursued a repositioning program for multi-tenant use by adding a fitness center, yoga studio, locker rooms, a first floor balcony and fifth floor terrace. Upon the close of escrow, The Millennium was 66% occupied by five tenants representing a range of industries.

Madison Marquette will provide investment, asset and project management services to complete an enhanced repositioning program. Strategic initiatives include the incorporation of a speculative suite program, adding a management and conference facility, and upgrading both interior and exterior common areas including the fifth floor terrace that features coveted Texas Hill Country views. The combination of modern amenities, revised space configurations to meet tenant demand and a desirable location will give the property an advantage within the Austin market.

"The Millennium presents a unique opportunity to own and operate a quality office building with significant upside potential in a tightening market benefitting from unprecedented economic growth,” said John Dailey, Executive Vice President of Madison Marquette. “The property features competitive amenities that support both the professional and wellness objectives of today’s tenants while remaining proximate to several of Austin’s key demand drivers.”

According to Andy Carey, Vice President of Madison Marquette, "We plan to uplift The Millennium immediately in coordination with AQUILA Commercial (www.aquilacommercial.com), who will lease and manage the property as well as reintroduce it to the market as a creative multi-tenant project with compelling availability that can accommodate single, full floor requirements up to 24,000 square feet.”

Madison Marquette - September 26, 2019 - Office - evergreen, john dailey, office - No Comments

Madison Marquette's Retail Solutions Team Expands Expertise With Three Industry Veterans

Retail Solutions Group Focuses on Next-Generation Retail and Merchandising Strategies

NEWS PROVIDED BY Madison Marquette Sep 24, 2019, 11:28 ET (appearing on Cision PR Newswire)

WASHINGTON, Sept. 24, 2019 /PRNewswire/ -- Madison Marquette, a national private fully-integrated real estate services provider and investment manager, announced today the expansion of its Retail Solutions Group with the appointment of three new team members. These new positions will lead the leasing efforts at several of the company's transformative projects in the Washington DC metro region and Seattle, Washington.

"I am pleased to announce these three new appointments to our Retail Solutions group," said Tom Gilmore, Chief Strategy Officer, Retail Solutions for Madison Marquette. "Their combination of retail and merchandising expertise will be instrumental in moving our leasing efforts forward in some of our most exciting projects, including the Wharf D.C. and Pacific Place in Seattle."

The new Retail Solutions members include:

Daniela Hughes, Vice President/Retail Solutions

Daniela will be responsible for managing the retail leasing process and leading the merchandising strategy for The Wharf DC in Washington. She will work with the property's existing tenants identifying strategies to maximize sales performance, ensuring the full integration of activation, leasing and operations at the property.

Daniela brings over 20 years of real estate experience, including roles at both suburban and high street retail properties. Most recently, she oversaw leasing for Emmes Asset Management/Vanbarton Group, and managed leasing for a 40 million SF portfolio for a large REIT. She has completed over $1 billion in new deals in over 43 states. Previously based in Chicago, she has worked with buyers, landlords and tenants throughout the country and worked on the sale of several shopping centers in the Chicago area.

Daniela will be based in the Washington DC office.

Gary Block, Senior Director of Leasing/Retail Solutions

Gary will be responsible for leading the leasing at The Shops at Waldorf Center, a 497,000 SF neighborhood/community open-air retail development in Waldorf, MD. His focus will be on the lease up of existing spaces, while concurrently developing plans for several large box spaces in Phase 1 as well as for alternative schemes for the development of Phase 2 of the project.

Gary's 30 years of retail real estate experience includes leasing, strategic planning, development, management and financial analysis. Prior to joining Madison Marquette, he served as Senior VP of Leasing East Coast at Combined Properties, a Washington, DC-based retail investor, developer and operator. He also served as Principal at Block Development Group, where he provided consulting services for developers on leasing, development and redevelopment strategies. Previous to those positions, he was Vice President of Leasing (Canada) for Tanger Outlets, Vice President at The Cordish Company and Senior Vice President of Leasing at Prime Retail.

Gary will be based in the Washington DC office.

Ross Peyton, Vice President/Retail Solutions

Ross will be responsible for the day-to-day management and execution of the leasing plan for Pacific Place, a 339,000 SF landmark urban/specialty retail redevelopment in downtown Seattle. Ross will work with the Pacific Place Project Team to recruit and secure a more contemporary mix of better priced emerging and established lifestyle retail and services brands, as well as destination dining and entertainment tenants. The re-leasing effort will result in a new mix of tenants in over 50% of the project's gross leasable area.

Ross has over 20 years of leasing, marketing, asset management and strategic planning experience, working on behalf of institutional clients including JP Morgan, Laird Norton, INVESCO, Spaulding & Slye Investments, Federal Aviation Association, New York Life, Broadreach Capital, LaSalle Investment Management and the University of Washington. Most recently, he served as an Associate Director with CBRE, managing multiple client portfolios totaling over 5 million SF in Seattle and Bellevue for clients including SECO Development, INVESCO, Pembroke, Ivanhoe Cambridge, Vulcan Real Estate, RFR Realty and Abu Dhabi Investment Authority (ADIA). Ross previously held senior leasing positions with Hudson Pacific Properties and Unico Properties.

Ross will be based in the Seattle, WA office.

The Retail Solutions Group addresses the challenges facing the brick and mortar retail environment, on behalf of its clients and partners. The group ensures that each client and owned project in the company's portfolio has the merchandising, activation, marketing and leasing strategies required to meet current and evolving marketplace demands.

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 retail and 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.

Madison Marquette - September 24, 2019 - Talent - retail - No Comments

Investment
News
Leadership
Careers
Contact

Stay informed.
Sign up for company news: