prnewswire | October 20, 2020
Brennan Investment Group, a private real estate investment firm that acquires, develops, and operates industrial facilities throughout the United States, announced its acquisition of six surplus industrial buildings totaling 308,908 square feet in Plant City, Florida, in the Tampa MSA. The seller, Paradise Inc., is a producer and distributor of Candied Fruit brands throughout the country. The properties are a mile off the I-4 Corridor, running between Tampa and Orlando. The Tampa market has demonstrated strong fundamentals, with positive net absorption of over 1 million square feet year-to-date and a vacancy rate of 94.6%.
REAL ESTATE INVESTMENT
Welcome Group | February 15, 2022
Welcome Group, the Houston-based, single-tenant real estate developer specializing in manufacturing, lab, warehouse, and distribution facilities, has acquired its first South Carolina industrial property in Moncks Corner, part of the firm's expansion into the state and other high-growth markets throughout the southeast U.S.
Located on 31 acres at 2550 U.S. Highway 52, the 201,500 square-foot manufacturing and distribution center is home to Sea Fox Boats, third-generation boat builders specializing in the design and development of center-console recreational boats.
When it comes to the industrial market, the Charleston area is one of the hottest in the southeast, It checks all the boxes – great demographics, job growth, cost of doing business and one of the best ports in the country."
Ted Kakambouras, director of acquisitions, southeast region for Welcome Group.
South Carolina ranked sixth among all U.S. states in Site Selection Magazine's just-released 2021 list of the top states for business.
Kakambouras adds Welcome Group will continue to look for opportunities to acquire existing occupied properties in South Carolina in addition to North Carolina and Georgia.
Welcome Group now owns a diverse portfolio of more than 130 industrial properties spanning more than 6 million square feet. Tenants range from Fortune 500 companies to emerging entrepreneurial ventures in manufacturing, healthcare, energy, technology, warehouse and distribution, and other operations.
Financing for the acquisition was provided by City Bank. Brokerage services were provided by Matt Smith of CBRE.
About Welcome Group
Welcome Group is a leader in the development and ownership of single-tenant industrial facilities for some of the world's most respected names in business and currently owns over 6 million square-feet in Texas and the southeast U.S. The company also offers build-to-suit and design-build services for interested firms and is actively seeking direct purchase and sale-leaseback opportunities throughout Texas and the southeast United States.
REAL ESTATE TECHNOLOGY
Yardi | September 01, 2021
Yardi announced today the launch of REACH by RentCafe®, a comprehensive digital marketing agency for multifamily property management. The agency helps clients reach more renters, improve marketing success and reduce unproductive spend through expert creative, search marketing and strategy analysis.
REACH offers corporate and property website development as well as custom design assets ranging from logos to email templates. Search marketing services include SEO, PPC, social media management and reputation management. Marketing analytics provide instant campaign and website performance data.
"At REACH, marketing performance is our passion. From creating winning websites to delivering an unmissable search strategy, our digital marketing agency helps brands achieve their marketing potential," said Esther Bonardi, vice president of marketing and REACH at Yardi.
Several of these offerings were previously available to clients using RENTCafé Reach for search marketing. In response to the success of that program and ongoing demand, Yardi made the decision to rebrand and expand to provide a full-service marketing agency experience for its customers.
"We're excited to offer white-glove service to property management businesses that want to stand out in today's competitive online marketplace," said Catriona Orosco, director of REACH. "Enjoy premium, personalized attention from our team of creative designers, search marketing professionals and digital marketing consultants. As your marketing agency, we partner with you in ongoing conversations about your strategy including campaign analysis and performance auditing to drive the strongest results for your portfolio."
The agency is both a Google Premier Partner and Yext Certified Partner. REACH digital marketing services are available independently or packaged for a comprehensive approach.
About REACH by RentCafe
Reach your audience, goals and potential with a full-service digital marketing agency for property management businesses. REACH by RentCafe® certified experts are ready to help you create a winning web presence that drives conversions with complete transparency. Our services include website development, SEO, PPC, social media, reputation management and more.
Yardi® develops and supports industry-leading investment and property management software for all types and sizes of real estate companies. Established in 1984, Yardi is based in Santa Barbara, California, and serves clients worldwide.