real estate professionals making the news
Retail Op p o r t u n i t i e s
to make your Mark in Bowie Median Household Income over $94,532 Average Household Income over $109,161 Bowie is one of the largest cities in Maryland. Bowie is also an excellent business location, easily accessed from Washington D.C., Annapolis and Baltimore. Bowie’s proximity to these major cities brings business and workforce into the area via Routes 3, 50 and 301. Bowie has more than 90 restaurants, 200 shops, and a dozen recreation opportunities. With this winning combination of location, access and amenities your business is certain to grow and succeed. For space available details call: Bowie Marketplace, Brian Berman, 301-816-1555 Bowie Plaza, Jack deVilliers, 703-442-4315 Bowie Town Center, Vincent Vettraino, 484-679-2388 Collington Plaza, Scott Faloni, 410-693-3248
Free State Shopping Center, Rich Abruscato, 301-998-8188 Hilltop Plaza – Newly Renovated! Bruce Levine, 410-486-0800 x116 Pointer Ridge Plaza, Jim Farrell, 571-382-1229 Shoppes at Bowie Town Center & Shoppes at Highbridge, Sean Weisbord, 410-771-1700
For more information on ALL of Bowie’s Opportunities, contact:
John Henry King,
Economic Development Director, City of Bowie, Maryland 15901 Excalibur Road, Bowie, MD 20716 301.809.3042 | fax 301.809.2315 | jhking@cityofbowie.org Page 10 | February 21, 2014
Sterling Organization (561-835-1810) recently promoted Adam Munder to principal and chief marketing officer from vice president of business development. In his new role, Munder will be involved in long term tactical direction of the firm, as well as overseeing the sourcing, aligning and servicing of equity partners for the company’s private equity funds and separate accounts. The company also hired Michael Romaniw as chief financial officer. In his new role, Romaniw will oversee all financial aspects of the company, including property, tax planning and compliance, as well as treasury operations. Prior to joining the firm, Romaniw served as senior vice president of finance for Parmenter Realty Partners. The company specializes in risk-adjusted returns to its partners. Cushman & Wakefield (212-841-7500) appointed Chandra Graham to the Capital Markets Group sector of the company’s Phoenix, AZ office. Graham was previously working as director in the firm’s valuation and advisory services group. The company specializes in leasing, sales, acquisition, equity, property management, consulting D M and appraisal services.
sources of financing Capstone Financial Solutions negotiated $6.55 million in financing for a two-store Walgreens portfolio in OK and TX. The 10-year loan featured a loan-to-value rate of 70%. For more information, contact Capstone Financial Solutions, Two CityPlace Drive, Suite 200, St. Louis, MO 63141; 877-3154289; Email: info@cfscapstone.com; Web site: www.cfscapstone.com. BB&T refinanced a $4.9 million loan for West Boca Square, a 350,000 sq.ft. shopping center located at the intersection of Palmetto Park Road and State Road 7 in Boca Raton, FL. Target, Babies “R” Us, Chuck E. Cheese and Dollar Tree anchor the center. For more information, contact BB&T; 800226-5228; Web site: www.bbt.com. Capital One Bank negotiated $22.7 million in financing to White Provision Redevelopment, LP for a mixed-use center located in Atlanta, GA. The project features a 95-unit condo component, a 49,000 sq.ft. office component and a 110,000 sq.ft. retail component. For more information, contact Capital One Bank; Web site: www.capitalone.com. DM Dealmakers Magazine | www.dealmakers.net