Texas | Adler Realty

Nerium Signs a 75,915 Square Foot Lease In Addison, Texas

Ruth Adler — Tue, 05 Aug 2014 15:41:31 +0000

Addison, TX (July 31, 2014) Adler Realty Investments, Inc. (Adler) reports a 75,915 square foot lease with Nerium International, Inc., a skin care product company.

Since their launch in 2011, which started at Adler’s Forum at Beltline property, Nerium International has grown exponentially and continues to surpass all projections. Their rate of expansion is unprecedented in the relationship marketing industry and has garnered attention from many.

Sharon Friedberg and Melanie Hughes of Bradford Commercial Real Estate Services represented the landlord and Robbie Baty of Cushman and Wakefield represented the tenant on this deal.

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Adler Realty Investments Sells Plano Office Campus

Ruth Adler — Fri, 01 Mar 2013 19:03:57 +0000

FOR IMMEDIATE RELEASE

DALLAS (March 1, 2013) – Adler Realty Investments Inc., a real estate investment and development firm, today sold Tennyson Office Center in the Legacy area of Plano, Texas to Greenfield Partners. The 250,000 square foot is located at 6100 & 6200 in the City of Plano. Infosys, Retalix, & Auction.com are the major tenants.

“We are very pleased with the outcome of this investment and with our success in the Dallas market,” said Michael Adler, president of Adler Realty Investments. “We are aggressively looking for other opportunities throughout Dallas and the South Western U.S.”

Brokers on the deal were Gary Carr and Eric Mackey of CBRE in Dallas who represented both seller and buyer.

ABOUT ADLER REALTY INVESTMENTS

Adler Realty Investments, Inc. is a full-service real estate investment and development firm with over $600 million in acquisitions since inception. ADLER’s real estate portfolio consists of more than 2.7 million square feet of office, industrial, retail and multi-family residential properties in Texas, California, Colorado, and Arizona, as well as vacant land for future development. ADLER’s trademark is its unparalleled ability to identify, analyze, negotiate and close transactions involving many different types of real estate. ADLER has the experience and expertise required to execute management and development strategies to maximize a property’s value in the market.

For more information, please contact Michael Adler at (818) 884-2200 or visit www.adler-realty.com. Adler Realty Investments, Inc. is located at 20951 Burbank Boulevard Suite B, Woodland Hills, California, 91367.

CONTACT:

Jo Hunt/Melisa Glasberg
DeLyon-Hunt & Associates
1444 Aviation Boulevard Suite 101
Redondo Beach, CA90278
Ph 310.541-2800 Fax 310.798.1173
melisa@delyon-hunt.com

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Adler Realty Investments forms joint venture with LLJ Ventures to acquire 400,000 Square-Foot Office Tower in Dallas, Texas

Ruth Adler — Tue, 05 Jun 2012 06:00:22 +0000

Dallas (June 5, 2012) – Adler Realty Investments, Inc. (Adler) has partnered with LLJ Ventures to acquire the Four Forest Office Tower in Dallas, Texas. The 400,000 sq. ft. building was acquired for $23 million from Younan Properties. The project is currently 50 percent occupied, and Adler plans to renovate the common areas, upgrade the building systems, and aggressively market the remaining available space for lease.

The building is located at 12222 Merit Drive and is strategically located off of the Central Expressway, south of the recently improved Lyndon B Johnson Freeway (LBJ) interchange. Situated on a 4.39 acre site, the project is improved with an attached six story parking structure, and amenities including a restaurant, fitness center, and a scenic park setting.

“We have been very successful in acquiring value-added properties such as this and executing our business plans, resulting in higher values and above market returns for our investors,” said Michael Adler, president of Adler. “Chris Engel, our director of acquisitions, is aggressively looking throughout the western United States for other value-add opportunities.”

About Adler Realty Investments, Inc.

For more information, please contact Michael Adler at (818) 884-2200 or Chris Engel at (818) 480-5501, or visit www.adler-realty.com. Adler Realty Investments, Inc. is located at 20951 Burbank Blvd. Suite B, Woodland Hills, Calif. 91367.

LLJ Ventures, LLC

LLJ Ventures is the private equity arm of the LM Group which manages more than $6 billion in public markets and commercial real estate from institutional and high net worth investors. LLJ Ventures specializes in complicated value add and opportunistic commercial real estate opportunities. In the last 12 months it has acquired office, hotels, multifamily, notes, c-stores, retail and land throughout the U.S.

For more information about LLJ Ventures, please contact Leonardo Simpser (lsimpser@lmcapital.com) or Tommy J. Nordgaard at (619) 814-1400. LLJ Ventures and LM Capital are located at 401 B Street, Suite 920, San Diego.

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Adler Realty Sells 11880 Greenville Avenue and Refinanced the Remaining Property Located at Forest Green Office Park

Ruth Adler — Fri, 08 Jul 2011 06:25:27 +0000

Dallas, TX (July 8, 2011) Building C, comprising of 24,278 square feet was sold to its largest tenant, TESS. The sales price was $2,525,000 ($104 per square foot). The loan on the remainder of the property was set to mature in January 2012.

On July 12th we closed a new loan with Citigroup in the amount of $6,650,000 and paid off the balance of the previous loan. The new loan is fully amortized over thirty years, payable in ten years and bears interest at 5.64% per annum.

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Adler Realty Refinances Preston Belt Line Office Park

Ruth Adler — Sat, 11 Jun 2011 06:30:38 +0000

Dallas, TX (June 2011) The loan on the property was refinanced with a long term fixed rate loan on June 16, 2011 with Citigroup.

The 10 year loan bears an interest rate of 5.54% per annum, fully amortized over 30 years. The loan with Wells Fargo, which was due to mature in November 2011, was paid off in full.

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