ORION Investment Real Estate Sells Vacant Property to Charter School

first_imgORION Investment Real Estate announced the closing of 2100 W. Indian School Rd. for $1.024M ($42 PSF) to Pan-American Elementary Charter School.The property was constructed in 1975 and totals 24,436 SF. The facility includes 16 classrooms, a cafeteria, a theater room, and administrative offices and was operated by the previous owner as a school for nine years.The property has been vacant since 2010 and the new owner will inject some capital to modernize the facility.“We were pleased to have been able to bring a community-centered use that will resurrect the property and provide a desired and important service to the residents in the area,” said Brent Pearlstein, Senior Associate at ORION.Due to its location, vicinity to Interstate 17, excellent visibility, traffic counts and monument signage on Indian School, the property attracted many buyers with various uses. Ultimately, Pan-American emerged as the buyer.“Pan-American was the perfect fit for the property and they have a long history of serving the surrounding neighborhood community,” Pearlstein said. “We are excited about the possibilities at this location and the school plans on remodeling the facility to provide the best educational experience to its students.”Pan-American has served the Phoenix area for more than 10 years and provides K-6 education to their students.The seller, Academy of America, designs, develops, implements, and manages unique educational opportunities and programs for lifelong learning. It currently operates two charter schools in Michigan, the Academy of Southfield and the Academy of Waterford.last_img read more

Going places – 14 December 2007

first_imgChris Januaryhas joined Bidwells as a partner in its London office, where he will be responsible for leisure and retail agency. January’s previous roles include head of retail and leisure agency at Gerald Eve and associate director of retail agency at St Quintin. Hollins Murray Grouphas appointed Paul Mitchell as chairman. Mitchell joins from Rickitt Mitchell, where he was managing director. Young Grouphas recruited Fraser Matthews to its portfolio team. Matthews joins after four years with the Bank of Scotland Investment Service, where he was a private client manager.Atisrealhas taken on Julian Gaynor as an associate director in its Chancery Lane office in London. Gaynor joins from Turner Morum, where he spent four years in the development consultancy department. The company has also appointed Andrew Price as director, to head up the valuation department in its Birmingham office. Price was previously a partner at Donaldsons. Emma Noblehas joined Brodies as an assistant solicitor. Noble, who has worked in banking and financial regulations for five years, was previously with Dundas & Wilson. Brodies has also recruited Robin Priestley as an associate in the property department. He joins from Anderson Strathern.Jonathan Bucklehas been recruited by GVA Grimley to head its retail and leisure services team in Leeds. Buckle, who has worked in the industry for 11 years, will be based in Newcastle.David Jacksonhas been appointed as a partner in asset and property management in Drivers Jonas’s London office. Jackson has previously worked for Montagu Evans and LaSalle Investment Management and has more than 20 years’ experience in the asset management of commercial property.Hamptons Internationalhas recruited Kurt Fraser as international director. Fraser will work in the international residential agency’s London office, relocating from Lausanne, Switzerland, where he was European marketing director for Intrawest and Playground Real Estate.Philip Boothhas been recruited by Lambert Smith Hampton as a senior surveyor in its Maidenhead office. He joins from chartered surveyor Martin & Pole.Andrew Reedhas been appointed divisional director of NB Real Estate’s London retail agency team. Reed joins from Kitchen La Frenais Morgan, where he spent the last nine years letting shopping centres and undertaking retail agency across the UK.Savills Granitehas made three appointments at its New York office. Jennifer McKinnon and Marion Jones have been recruited as senior associates, and Marcella Grigg has been appointed as an associate. All three join from CB Richard Ellis: McKinnon was associate director for the financial consulting group at the Washington office; Jones was a senior associate in the New York office’s sales investment division; and Grigg was a business development analyst for CBRE’s Investment Properties Institutional Group. Storeys:ssphas appointed Adrian Gibbins as a surveyor in its corporate real estate team in Newcastle. He was previously director at Fairbairn Wild, and has also worked in the corporate real estate department at American Express. Damian Seddonhas been appointed managing director of Stewart Milne Homes. He will take charge of the housebuilder’s north-west of England division, based in Manchester. Seddon previously spent four years as Bovis Homes’ commercial director and six years as commercial manager at Redrow.Savillshas recruited Alistair Greenhalgh as associate director of its hotels team. Greenhalgh has spent more than eight years working with several hotel brands in the north-west.Brixtonhas appointed Stephen Armitage as asset management and customer service senior operations director at its B-Serv subsidiary. Armitage will take up his new role in February, after leaving his position as director of the public service division at Dunlop Haywards. Robin Goodchildhas been appointed honorary president of the Society of Property Researchers (SPR). Goodchild is head of European strategy and research at LaSalle Investment Management.Brigitte Bakerhas been recruited by business solutions provider Fasset as a sales executive to generate leads at its new Hersham Place Technology Park near Walton-on-Thames.Knight Frankhas unveiled a new senior management team to aid its expansion in the north-west. Partners David Porter and David Roper are based in the property consultancy’s Manchester office, and Charles Arden in Liverpool. Porter joined the north-west team in 2006 from Knight Frank’s national offices team in London. Roper, who has 28 years’ experience in the region, joined Knight Frank in 2000. Arden joined the company in 2005 and was made a partner this year.last_img read more

Capital projects and contracts – Aug 1st 2014

first_imgOver the course of the past seven days we have seen a number of new capital project and contract awards. Saipem secured USD850 million of drilling contracts; Alstom inked a USD540 million deal for a power station in Mexico; while China is set to develop nuclear power stations in Argentina and Romania.UK ministers have given the go-ahead for the expansion of fracking operations in the country – which will allow drilling in protected areas and national parks in “exceptional circumstances”.The British government will invite firms to bid for onshore exploration licences for the first time in six years. Competition to explore the country’s newfound shale reserves is likely to be high, despite fierce protests from environmental campaigners. Italian oil and gas contractor Saipem has been awarded new drilling contracts in Indonesia, Nigeria, the Arabian Gulf and Latin America worth approximately USD850 million – USD540 million of which relate to offshore works. http://www.saipem.com/site/home/press/business/articolo6423.html Statoil awarded the Technip-DeepOcean PRS joint venture a new five-year frame agreement for pipeline repair system (PRS) pool services. http://investors-en.technip.com/phoenix.zhtml?c=110877&p=irol-news&nyo=0 Technip also secured a two subsea construction projects from Maersk Oil for the Valdemar & Roar Gas Lift project as well as the Rolf Replacement Pipeline project, located on the Danish Continental Shelf, approximately 250 km offshore Esbjerg. Technip’s operating centre in Oslo will execute the project and vessels from the group’s fleet will perform the offshore installation in summer 2015. http://investors-en.technip.com Leighton Contractors, as part of the Wellington Gateway Partnership (WGP), has closed a public private partnership agreement with the New Zealand Transport Agency (NZTA) for delivery of the USD850 million Transmission Gully Motorway. WGP will finance, design and construct the project, and then operate and maintain the 27 km motorway from 2020 for a period of 25 years. http://www.hochtief.com/hochtief_en/200.jhtml?pid=9617 Nordex has received a contract for the construction of a wind farm in Uruguay. Once fully operational, 20 turbines will generate 200,000 MWh of clean electricity a year in the north east of the country, around 60 km from the Brazilian border. The customer is a subsidiary of one of Italy’s largest utilities. http://www.nordex-online.com/en/news-press/news-detail.html?tx_ttnews Skanska has secured a two-year contract from integrated support services company, Carillion, to deliver the mechanical and electrical shell, core and fit-out works for 866 prime residential apartments, as part of Phase 1 of the Battersea Power Station redevelopment in London, UK. The contract is worth about USD151 million. http://news.cision.com/skanska/r/skanska-awarded-contract-for-phase-1-of-the-battersea-power-stations-redevelopment-in-the-uk–worth-,c9621410 A consortium of STRABAG and Heilit+Woerner has signed a EUR130 million contract for the construction of a stretch of the S7 Trasa Nwohucka expressway in eastern Kraków. Construction is scheduled to start in August/September 2014. http://www.strabag.com/databases/internet/_public/content.nsf/web/SE-PRESSE.COM-index_e.html Keadby Wind Farm Limited has notified the UK’s Planning Inspectorate to extend its existing wind farm by 10 turbines. http://infrastructure.planningportal.gov.uk/projects/yorkshire-and-the-humber/keadby-wind-farm-extension/ Alstom has been awarded contracts worth approximately USD450 million to supply a power island for Iberdrola’s Monterrey III combined-cycle power plant in Pesqueria, Nuevo Leon, Mexico. The new unit will consist of one GT24 gas turbine, a steam turbine and a heat recovery steam generator (HRSG). http://www.alstom.com/press-centre/2014/7/alstom-to-supply-major-equipment-and-maintenance-package-for-iberdrolas-monterrey-iii-power-plant/ A proposed uranium mine in the East Pilbara, Australia, has been given conditional approval by Western Australia’s environmental watchdog. https://consultation.epa.wa.gov.au/communications/environmental-review-and-management-programme-kint-1/consult_view World Nuclear News reports that an agreement has been signed by the governments of Argentina and China to build a third pressurized heavy water reactor at the Atucha nuclear power plant in Argentina. China Nuclear Power Engineering Co (CNPEC) has also signed a binding agreement with Candu Energy for the construction of two more reactors at the Cernavoda nuclear power plant in Romania. http://www.world-nuclear-news.org/NN-China-signs-Candu-deals-with-Romania-and-Argentina-2507145.html Costain has been appointed by oil and gas contractor Perenco for EPC services for the environmental upgrade of the Dimlington gas terminal on Humberside. http://www.costain.com/news/news-releases/2014/7/29/costain-wins-epc-contract-extension-with-perenco.aspx DC Hidro Enerji Üretim has awarded Pöyry with the feasibility studies and final design services assignments for Doganli 1, Doganli 2, Doganli 3 and Çukurca dams and hydroelectric power plants in Turkey. The hydro projects located on the Zap River in the eastern part of Turkey, and developed by private investors in Turkey. The combined installed capacity of all four projects is around 735 MW with an annual generation of 2.246 GWH. http://www.poyry.com/news-events/news/poyry-awarded-feasibility-and-final-design-assignments-hydropower-projects-turkey KBR has received a letter of award from Hyundai Heavy Industries to perform engineering design services for the Abu Dhabi Marine Operating Company Al-Nasr Full Field Development project, located offshore Abu Dhabi. The Al-Nasr Package 2 facilities consist of a multi-platform super complex that includes central processing facilities, accommodation, utilities, flares, bridges and power distribution. The Al-Nasr offshore oil field is located approximately 80 miles northwest of Abu Dhabi in the Arabian Gulf. http://www.kbr.com/Newsroom/Press-Releases/2014/07/25/KBR-Awarded-Major-Engineering-Design-Contract-by-Hyundai-Heavy-Industries-Co-Limited-for-the-Al-Nasr-Full-Field-Development-Project/ AME Info reports that major global energy players have placed bids for stakes in Abu Dhabi’s onshore oil fields, capable of producing 1.6 million barrels per day. http://ameinfo.com/blog/energy-oil-and-gas/bidding-abu-dhabis-onshore-oil-fields-starts/ OAO Gazprom reported that Turkey has approved the environmental impact assessment (EIA) for the South Stream gas pipeline in the Black Sea. The first pipe-laying vessel is slated to enter the Turkish exclusive economic zone in first-quarter 2015. The pipeline’s offshore section will have four strings, each more than 930 km long. http://www.ogj.com/articles/2014/07/turkey-approves-environmental-assessment-for-south-stream.html Maritime Executive reports that Northern Petroleum has been awarded two permits in Italy. One permit, Cascina Alberto, is onshore in the Po Valley and the other, C.R149.NP, is offshore in the Sicily Channel adjacent to the Northern Petroleum operated permit C.R146.NP. http://www.maritime-executive.com/pressrelease/Northern-Petroleum-Awarded-Italian-permits-2014-07-25 Engineering design firm AECOM Technology Corporation has acquired Hunt Construction Group, significantly adding to AECOM’s construction services business.http://investors.aecom.com/phoenix.zhtml?c=131318&p=RssLanding&cat=news&id=1952279 Rio Tinto will divest Rio Tinto Coal Mozambique, which comprises the Benga coal mine and other projects in the Tete province of Mozambique, to International Coal Ventures Private Limited (ICVL) for USD50 million.http://riotinto.msgfocus.com/files/amf_rio_tinto/project_37/140730_Rio_Tinto_agrees_sale_of_coal_assets_in_Mozambique.pdf ConocoPhillips has completed the sale of its Nigerian upstream business to Oando Energy Resources for a price of USD1.5 billion. http://www.businesswire.com/news/home/20140730005364/en/ConocoPhillips-Completes-Sale-Nigeria-Business#.U9jsuKiqO3Ulast_img read more

Three things to know about Leonys Martin, Cleveland’s newest outfielder

first_img Ashley is a former basketball player who covers the Cleveland Cavaliers, Indians and high school sports for NEO Sports Insiders. She also covers the Cavs for SB Nation’s Fear The Sword. Ashley is a 2015 graduate of John Carroll University and previously worked in political journalism. You can follow her on Twitter @AshleyBastock42 Ashley Bastock CLEVELAND– With the MLB trade deadline less 90 minutes away, the deal of the day (so far) for the Cleveland Indians was trading for Tigers center fielder Leonys Martin in exchange for shortstop prospect Willi Castro.So what does this move mean for the Indians as they inch closer to another postseason run? Here are three things to know about their newest addition in the outfield. Pages: 1 2 3 4 Related TopicsClevelandCleveland IndiansDetroit TigersIndiansleonys martinMLBlast_img read more