Recent News

  • Feb
    6

Ram Realty Services Purchases Home Depot Landscape Supply Portfolio in Atlanta and Dallas for $22 Million

February 6, 2008

Ram Realty Services Purchases Home Depot Landscape Supply Portfolio in Atlanta and Dallas for $22 Million
February 6, 2008
FOR IMMEDIATE RELEASE

CONTACT:
Marichelli Heredia
Thorp & Company
(305) 446-2700
mheredia@thorpco.com

Palm Beach Gardens, Fla., Feb. 6, 2008 – Ram Realty Services, a leader in real estate development and acquisitions, today announced that it has purchased 11 Home Depot Landscape Supply stores totaling 74.4 acres in Atlanta and Dallas from Home Depot.

Home Depot closed all their landscape supply stores in November of last year. Ram Realty Services is evaluating the portfolio to determine which sites will be sold to strategic users in the two markets and which will be redeveloped. The sites range in size from 4.5 to 9 acres and contain a former Landscape Supply store building of approximately 12,000 square feet.

Five properties are located in Atlanta at the following locations:
• 475 Parkway 575 in Woodstock, Georgia
• 1582 Janmar Road in Snellville, Georgia
• 4600 South Cobb Drive in Smyrna, Georgia
• 16840 Old Highway 41 in Kennesaw, Georgia
• 25460 Satellite Blvd. in Duluth, Georgia

Six properties are located in Dallas at the following locations:
• 2460 Highway 121 in Plano, Texas
• 5721 Bryant Irvin Road in Ft. Worth, Texas
• 5301 South Cooper in Arlington, Texas
• 2945 Frankford Road in N. Dallas, Texas
• 4120 William D. Tate Ave. in Grapevine, Texas
• 2620 MacArthur Blvd. in Lewisville, Texas

“This opportunity enabled us to move quickly to purchase an entire portfolio in two strong metropolitan areas at one time, which fits in nicely with our overall strategy,” said Ken Baye, senior vice president of development with Ram Realty Services. “With our Southeastern focus, we will likely sell the Dallas assets; however, certain of the Atlanta locations lend themselves well to our strategy of adding value to infill locations and will likely be redeveloped.”

Ken Baye managed the transaction for Ram Realty Services. Mike Folio, principal with Corporate Property Dispositions, handled the deal for Home Depot.
About Ram Realty Services

Founded 30 years ago, Florida-based Ram Realty Services pursues the acquisition, development, and redevelopment of commercial, multifamily and mixed-use real estate throughout the Southeast, with a focus on the major markets in Florida, Georgia and the Carolinas. Ram Realty Services’ development pipeline now exceeds $750 million, to be funded through the recently launched Ram Realty Partners II. In addition to its development activity, Ram Realty Services acquires existing assets and portfolios where it can add value. Ram Realty Services has offices in Fort Lauderdale and Tampa, FL, Raleigh, NC, and Atlanta, GA, with its corporate office in Palm Beach Gardens, FL. For more information, visit www.ramrealestate.com.
-30-

  • Feb
    1

Atkin Joins Ram as Retail Leasing Manager

February 1, 2008

Florida Investor / BIG NEWS
Palm Beach Gardens — Ram, a leader in real estate development and acquisitions, announced that Megan Atkin has joined the company as a retail leasing manager in the Tampa office. In her new role, Atkin will be responsible for all leasing activities for Ram’s west coast portfolio consisting of 54,000 square feet. Atkin has more than four years of experience in commercial real estate. Prior to joining Ram, Atkin was a retail associate with CB Richard Ellis in Tampa, Fla., where she was responsible for identifying and qualifying prospective clients to lease and occupy available space at existing centers and negotiating new leases and renewals. Additionally, she created marketing plans for existing properties with a focus on the retail market. Atkin began her career as an office and retail specialist with Grubb & Ellis Phoenix Realty Group Inc. in Jacksonville. “Megan’s experience and depth of knowledge about the real estate industry, especially the retail segment, will greatly benefit our growing presence in the Tampa market,” said Ivy Greaner, managing parter with Ram.

  • Feb
    1

Ram / Midtown

February 1, 2008

Florida Real Estate Journal

Florida RE Journal
February 1-15, 2008

Palm Beach Gardens – Ram recently announced that Glen Trotta has joined the company as sales manager for the Residences at Midtown, a village-like, mixed-use community.

In his new role, Trotta will oversee sales initiatives for the 225 luxury condominium residences at Midtown. With more than 20 years of experience, Trotta has managed and administered more than $3 billion in real estate transactions in more than 300 communities. He has sold more than 20,000 homes during his career.

Before joining Ram, Trotta served as principal and COO with Worldwide Realty Network, Inc. in Delray Beach, where he provided consulting services to the real estate industry. Before this, Trotta was division president with M/I Homes in West Palm Beach from 2005 until 2007.

Trotta began his career with DiVosta Homes and Pulte Homes.

  • Feb
    1

Dedication of “Reliance” Sculpture Brings Art to Palm Beach Gardens

February 1, 2008

Around Wellington Magazine

This dedication was made by Midtown and the Church to bring culture and the arts back into the community. As part of the Borland Center for Cultural Enrichment, which is located at Midtown, Reliance measures 63 feet from one end to the other and is 15 feet high. The sculpture symbolizes a gateway and bridge – connecting people within the community, as the arches “reach out” for each other.

Sculptor Terry Thommes was contracted to design, fabricate and install this monumental public work of art for the Borland Center for Community Enrichment in Midtown, an upscale mixed-use development. Approximately 47 acres, Borland Center / Midtown is located on the north side of PGA Blvd, West of I-95 and East of Florida Turnpike. Reliance will be located at the center point of the project along PBG Blvd.
About the Borland Center For Community Enrichment

The Borland Center is named in honor of golf course designer Bruce Borland, who died tragically in a 1999 plane accident along with professional golfer Payne Stewart. He was a loving and caring man of genuine character who dedicated his life to his family, to his God and to the community he so dearly loved. Along with the founding pastor of PBCC, Dr. Ray Underwood, Bruce Borland championed the vision of creating a community-gathering place where the church facilities could be shared with the surrounding community for cultural, arts and educational family programs and events.

  • Feb
    1

3 New Retailers Open At Midtown

February 1, 2008

3 New Retailers Open At Midtown
February 1, 2008
FOR IMMEDIATE RELEASE:

Contact:
Marichelli Heredia
Thorp & Company
305.446.2700
mheredia@thorpco.com

Palm Beach Gardens, Fla., Feb. 1, 2008 – Ram, a leader in real estate development and acquisitions, today announced that three new retailers have opened at Midtown in Palm Beach Gardens, Fla.

The retailers are located along Main Street and include:
• Leibowitz Realty – A 3,400-square-foot real estate agency
• Love Garden – A 1,460-square-foot silk plant and home accessories store
• Scoop! Pilates – A 2,485-square-foot pilates and yoga fitness center

“These retailers fit nicely into the mix of tenants that we are trying to attract to our Midtown development,” said Casey Cummings, president of Ram. “They are great additions to the five onsite restaurants that have opened during the past six months, and we have additional tenants lined up that will contribute to the walkable lifestyle that more and more Florida residents are seeking.”

Midtown is a village-like, mixed-use community with all the convenience and style of urban living. The project consists of 225 luxury condominiums, 97,000 square feet of high-end retail, restaurant and office space, a 500-seat cultural center and a 300-seat banquet hall. It is located on PGA Boulevard between I-95 and the Florida Turnpike, offering easy access to the Palm Beach International Airport, downtown West Palm Beach and the beaches. For more information, visit www.midtownpga.com.

Cammi Goldberg, commercial leasing manager with Ram, handled the transactions.
About Ram

Founded 30 years ago, Florida-based Ram pursues the acquisition, development, and redevelopment of commercial, multifamily and mixed-use real estate throughout the Southeast, with a focus on the major markets in Florida, Georgia and the Carolinas. Ram’s development pipeline now exceeds $750 million, to be funded through the recently launched Ram Realty Partners II. In addition to its development activity, Ram acquires existing assets and portfolios where it can add value. Ram has offices in Fort Lauderdale and Tampa, FL, Raleigh, NC, and Atlanta, GA, with its corporate office in Palm Beach Gardens, FL. For more information, visit www.ramrealestate.com.
-30-

  • Jan
    31

Ram arranges new St. Pete retail release

January 31, 2008

Florida Real Estate Journal
St. Petersburg – Ram recently signed a lease with Goodwill at its Central Plaza shopping center. The discount retailer will serve as an anchor tenant and will occupy 29,440 sf of space at Central Plaza, which is at the northeast corner of 34th Street North and Central Avenue. The store is expected to open in May. Central Plaza is a 74,600 sf shopping center that also features Payless Shoes and Family Dollar stores. Other notable tenants at the 100% occupied center include Foot Locker, CitiTrends and LA Fashions. The center underwent a major architectural renovation in 2006. Tom Meredith, vice president of retail leasing with Ram, and Dennis Kleier handled the transaction.

  • Jan
    25

Lynette Green

January 25, 2008

Daily Business Review
People

Lynette Green has joined Ram, a real estate development and acquisition firm in Palm Beach Gardens, as senior retail leasing manager. She was a senior associate with CB Richard Ellis. Exribimermi .

  • Jan
    15

Megan Atkin Joins Ram as Retail Leasing Manager in Tampa, Fla.

January 15, 2008

Megan Atkin Joins Ram as Retail Leasing Manager in Tampa, Fla.
January 15, 2008
FOR IMMEDIATE RELEASE

Contact:
Marichelli Heredia
Thorp & Company
305.446.2700
mheredia@thorpco.com

Palm Beach Gardens, Fla., Jan. 15, 2008 – Ram, a leader in real estate development and acquisitions, today announced that Megan Atkin has joined the company as a retail leasing manager in the Tampa, Fla., office.

In her new role, Atkin will be responsible for all leasing activities for Ram’s west coast portfolio consisting of 854,000 square feet. Atkin has more than four years of experience in commercial real estate.

Prior to joining Ram, Atkin was a retail associate with CB Richard Ellis in Tampa, Fla., where she was responsible for identifying and qualifying prospective clients to lease and occupy available space at existing centers and negotiating new leases and renewals. Additionally, she created marketing plans for existing properties with a focus on the retail market. Atkin began her career as an office and retail specialist with Grubb & Ellis Phoenix Realty Group Inc. in Jacksonville, Fla.

“Megan’s experience and depth of knowledge about the real estate industry, especially the retail segment, will greatly benefit our growing presence in the Tampa market,” said Ivy Greaner, managing partner with Ram.
About Ram

Founded 30 years ago, Florida-based Ram pursues the acquisition, development, and redevelopment of commercial, multifamily and mixed-use real estate throughout the Southeast, with a focus on the major markets in Florida, Georgia and the Carolinas. Ram’s development pipeline now exceeds $750 million, to be funded through the recently launched Ram Realty Partners II. In addition to its development activity, Ram acquires existing assets and portfolios where it can add value. Ram has offices in Fort Lauderdale and Tampa, FL, Raleigh, NC, and Atlanta, GA, with its corporate office in Palm Beach Gardens, FL. For more information, visit www.ramrealestate.com.
-30-

  • Jan
    15

Lynette Green Joins Ram as Senior Retail Leasing Manager

January 15, 2008

Lynette Green Joins Ram as Senior Retail Leasing Manager
January 15, 2008
FOR IMMEDIATE RELEASE Contact:
Marichelli Heredia
Thorp & Company
305.446.2700
mheredia@thorpco.com

Palm Beach Gardens, Fla., Jan. 15, 2008 – Ram, a leader in real estate development and acquisitions, today announced that Lynette Green has joined the company as a senior retail leasing manager in the Palm Beach Gardens, Fla., office.

In her new role, Green will handle all leasing responsibilities for a mix of Ram’s existing portfolio, which includes Main Street at Midtown as well as new developments in Florida and Chapel Hill, N.C. She has more than 18 years of experience in retail leasing, property management and business development.

Prior to joining Ram, Green was a senior associate with CB Richard Ellis. While at CB Richard Ellis, Green completed more than 79,635 square feet of retail transactions in 2006 with a value of more than $13.4 million.

“Having Lynette on our team allows us to better serve the retail community as we continue to provide expertise in our local markets,” said Ivy Greaner, managing partner with Ram. “As we continue to grow and expand, she will be an asset to us on current and future projects.”
About Ram Founded 30 years ago, Florida-based Ram pursues the acquisition, development, and redevelopment of commercial, multifamily and mixed-use real estate throughout the Southeast, with a focus on the major markets in Florida, Georgia and the Carolinas. Ram’s development pipeline now exceeds $750 million, to be funded through the recently launched Ram Realty Partners II. In addition to its development activity, Ram acquires existing assets and portfolios where it can add value. Ram has offices in Fort Lauderdale and Tampa, FL, Raleigh, NC, and Atlanta, GA, with its corporate office in Palm Beach Gardens, FL. For more information, visit www.ramrealestate.com.

-30-