June 15, 2015

HYDE PARK, FL. - McKinley is pleased to announce the Grand Re-Opening of Hyde Park Flats, its first fully re-developed community in Hyde Park, Florida.

During its Grand Re-Opening this past weekend, the boutique community received rave reviews from customers and the many folks in the North Hyde Park community, including those visiting the University of Tampa in advance of the fall 2015 academic year.

The newly renovated boutique community includes upgraded spacious one bedroom flats with stainless steel appliances, granite counter tops, and wine coolers, as well as secluded patios surrounded by Malibu fencing which affords each apartment home its own unique outdoor living space.

The renovation allowed for the addition of superb amenities including a beautifully landscaped courtyard with outdoor kitchen and dining area surrounded by Italian Café lights, a fire pit and covered bike parking.

Hyde Park Flats enjoys a superb trendy location just minutes from downtown Tampa, blocks from the University of Tampa, close to airports, a short drive to beautiful Tampa Bay beaches, as well as everything the highly desirable historic Hyde Park has to offer including a plethora of award winning dining establishments many of which are the best reviewed in the city, world class shopping, and the world’s longest sidewalk which winds along the bay on beautiful Bayshore Boulevard.

A special thanks goes to Ken Polsinelli, Chief Real Estate Officer, for exceptional overall team and strategic implementation, Harry Collison for Acquisitions and Strategy, Andrew Berriz for designing, planning, redeveloping and constructing the various communities now underway in Hyde Park, Mary Williams for Team Leadership and Customer Engagement & Experience, Jason Schaller for partnering with Andrew and Mary, and for Property Management Leadership, Mark Rozny for Asset Management support, Jim Willett for Finance Strategy, Betsy Berriz for interior and exterior design input, brand strategy, website strategy, customer experience and marketing strategy, and to our construction and development partners West Coast Landscape and Randazzo Builders.

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Tags:   Renovations

June 10, 2015

HUNTSVILLE, AL. - McKinley Institutional Commercial Real Estate (ICRE) is pleased to announce the successful disposition of 9020 Baily Cove Road in Huntsville, Alabama.  McKinley was appointed as Manager of this 58,000 square foot freestanding retail building on October 3, 2012, as part of the original 2,100,000 square foot Albertsons Portfolio.   During its time as Manager, McKinley successfully assisted its valued stakeholder and its counsel in resolving a long, contentious ground lease dispute with the ground owner.

“This was an amazing opportunity for my team to demonstrate our value creation expertise,” stated Lauren Leach, Director, Commercial Portfolio Management – Institutional Commercial Real Estate.  “We were thrilled to have had the opportunity to work out this asset on behalf of our important stakeholder, and are very pleased to announce this successful disposition on their behalf,” added Leach.

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Tags:   ICRE

June 10, 2015

BRIGHTON, MI. - McKinley Institutional Commercial Real Estate (ICRE) is pleased to announce the successful workout of Green Oak Village Place in Brighton, Michigan.  McKinley was appointed Receiver for this 314,896 square foot lifestyle center on January 25, 2013.   Green Oak Village Place is home to several national tenants including Dick’s Sporting Goods, Ulta, DSW, and Barnes and Noble.  During its time as Receiver and Manager, McKinley executed over 50,000 square feet of new leases and renewals and completed numerous capital projects and enhancements to the landscaping, asphalt, concrete, and brick pavers. 

“I am very proud of our team and all that they accomplished managing this asset,” stated Lauren Leach, Director, Commercial Portfolio Management – Institutional Commercial Real Estate.  “With our experience in Michigan, our team was able to deploy all of its expertise during lease negotiations and much needed capital improvements,” stated Leach.

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Tags:   ICRE

June 3, 2015

McKinley is proud to announce its own Elisabeth Alonso has been awarded "TOP WALK COMMUTER 2015" and logged the most "walk commutes" in the 2015 Ann Arbor Commuter Challenge.  

The Commuter Challenge is an online commuting competition that happens during the month of May.  Organizations compete against others to see if they can get the most people to do an alternative commute.

Congratulations Elisabeth!

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Tags:   Commuter

May 26, 2015

Downtown Ann Arbor is facing an emerging crisis: There's little office space left for new companies.CLICK HERE

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May 21, 2015

Company Affirms Commitment to City it has Called Home for Over 100 Years...CLICK HERE

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May 11, 2015

Check out Mlive's article about the creators and leaders of Ann Arbor SPARK reflecting on 10 years of development featuring McKinley's CEO, Albert M. Berriz.  CLICK HERE

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Tags:   Spark

May 9, 2015

Read MFE's article about "3 Things That Have Changed the Industry Over the Last 20 Years" featuring McKinley's CEO, Albert M. Berriz.  Click Here

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Tags:   MFE

April 29, 2015

Read Mlive's article about McKinley's newest Ann Arbor-area luxury apartments.  CLICK HERE

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Tags:   Glencoe Oaks

April 27, 2015

ANN ARBOR, MI. – Betsy Berriz, Vice President, Owned Residential Real Estate, and Tom Gritter, Managing Director, Michigan Residential Development, jointly announced today that the Glencoe Oaks project located in Pittsfield Township, Michigan is nearing final completion now expected by early May. Glencoe Oaks is a 35 unit luxury apartment community featuring two, three and four bedroom custom-designed apartments. Each of these newly constructed apartments feature granite countertops, breakfast bars, slate kitchen energystar appliances, high efficiency washers/dryers, oversized walk-in closets, double bathroom sinks, beautiful vinyl wood flooring in main living areas, covered parking and so much more. Glencoe Oaks also will be a "McKinley Smoke Free Community" as part of a companywide effort to offer smoke free living environments.

Glencoe Oaks is part of the larger Glencoe Hills Apartment community, and represents the latest phase of the planned development on rolling hills and lakes which has over 635 apartment homes.

"The lease up has exceeded our expectations in terms of rental rates and speed of absorption," offered Berriz, and she went on to say "and we are thrilled to be able to offer large townhome units in the Ann Arbor School District which are very much in demand and impossible to find. We have also focused on energy efficiency in our unit designs and offering a smoke free living environment which has been a customer driven outcome."

The development is part of a larger effort McKinley now has underway developing several similar projects in the Ann Arbor and Fenton markets where it has a dominant footprint.

"We see a real opportunity to bring to market certain in-fill projects in several key strategic locations that will offer a product and living experience much required in Fenton and Ann Arbor," added Gritter, and he further added "our early results prove out that what we saw in terms of a need is certainly there." Gritter expects to deliver several other projects now in the pipeline between 2015 and 2016 throughout the region.

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Tags:   Glencoe Oaks