News
November 21, 2010
Date: November 18, 2010
Contact: Mary S. Williams
734-769-8520 ext. 244
FOR IMMEDIATE RELEASE
Ann Arbor, MI McKinley is pleased to announce the opening of FlatTop Grill, www.flattopgrill.com, at the Huron Village Shopping Center in Ann Arbor, MI. As Flat Out Crazy Restaurant Groups 15th restaurant, specializing in custom stir-fry, it held its grand opening as a part of a national expansion on November 15th, 2010 in the former American Fitness space.
We are thrilled that FlatTop Grill chose Ann Arbor for its newest location and extend our warmest welcome to the Huron Village Shopping Center.
November 20, 2010
November 18, 2010
Contact: Mary S. Williams
734-769-8520 ext. 244
FOR IMMEDIATE RELEASE
Ann Arbor, MI - McKinley is proud to announce the promotion of Kelly McLaughlin to Assistant to the Chief Executive Officer, Albert M. Berriz. Before joining McKinley, Kelly worked for several years for the City of Ann Arbor in the Parks and Recreation Department. Kelly earned her Bachelors Degree in Parks, Recreation and Tourism Resources from Michigan State University. She is currently pursuing an MPA from Eastern Michigan University.
In her short time with McKinley, Kelly has impressed me with her hard work, intelligence, positive attitude and common sense. She is a very solid addition to our team. states Albert M. Berriz, Chief Executive Officer, McKinley, Inc.
November 17, 2010
November 18, 2010
Contact: Mary S. Williams
734-769-8520 ext. 244
FOR IMMEDIATE RELEASE
McKinley is proud to announce the promotion of Greg Petee to Senior Maintenance Supervisor. Greg is currently responsible for the McKinley Towne Centre and has raised the level of building maintenance to new heights.
In his new role, Greg will be responsible for additional Michigan assets and supervising maintenance team members. His leadership and mentoring skills will be invaluable to those teammates.
Not only are Gregs maintenance abilities fantastic, his customer service skills are second to none. Im very proud of all that Greg has accomplished he is a tremendous asset to the Commercial Team, stated Jeff Holman, Vice President of Property Management-Midwest.
November 7, 2010
November 5, 2010
Contact: Mary S. Williams
734-769-8520 ext. 244
FOR IMMEDIATE RELEASE
McKinley has just signed leases for two tenants at the McKinley Technology Centre. Our newest tenants are: Vis--vis Skin Spa, a massage therapy and skin esthetician spa, Suite 170, with 711 Sq. Ft.; and Tranquil Being, a massage therapy clinic, Suite 185, with 723 Sq. Ft.
Tranquil Being, currently located in the A2 Yoga & Wellness Studio, will relocate November 12 and Sharon Lawlor, its owner, is excited about her new space at the McKinley Technology Centre. Vis--vis was formerly associated with Kikut Hair Studio in Ann Arbor, and owner Melissa Mueller found the Technology Centre to be the perfect solution to her space needs; near downtown, parking on-site, and a unique setting.
McKinley welcomes Sharon Lawlor and Melissa Mueller to the McKinley Technology Centre and wish them both success!
McKinley Technology Centre is located on 1st and Miller, and is filling up quickly there are only two vacant suits left!
November 3, 2010
November, 4, 2010
Contact: Mary S. Williams
734-769-8520 ext. 244
FOR IMMEDIATE RELEASE
McKinley is pleased to announce its appointment as Property Manager for a 31,000 Sq Ft commercial building in Pontiac, Michigan. I am confident that by applying our experience and expertise, our team will be able to create value for the stakeholders, states Matt Mason, Senior Vice President, Commercial Client Services.
The property is a 31,000 Sq Ft industrial and commercial building, and is currently occupied by the Detroit Free Press.
For more information on McKinleys Commercial Client Services and Property Management, please contact Matthew D. Mason at 734-769-8520 x267.
November 2, 2010
November 2, 2010
Contact: Mary S. Williams
734-769-8520 ext. 244
FOR IMMEDIATE RELEASE
McKinley, thanks to a strong partnership with Ernie Katai and his team at Berkadia, is pleased to announce the closing of a $30,580,000 loan with the Department of Housing and Urban Development on Glencoe Hills apartments, in Ann Arbor, Michigan.
Ken Polsinelli, Chief Real Estate Officer:
This important loan reflects the significant investment that McKinley continues to make in its communities. McKinley's long-term investment in our people and in our real estate, in combination withour passionate commitment to "WOWing" our customers, enabled our team to excel and to take advantage of this opportunity. We are thrilled with this display of confidence by the capital markets, particularly in these difficult times, and we are even more pleased that this result will allow us to provide for our team members and customers in Washtenaw County.
Jim Willett, Treasurer:
"The Glencoe Hills loan is a first step in a series of transactions that begins to position our owned assets with long term financing while lowering the overall cost of capital and debt service. The thirty-five year term is a perfect match for our long term investments in apartment communities and allows for flexibility in the future on refinancing. The effective execution by Berkadia and an internal team across disciplines within McKinley made the delivery flawless on this $30,588,000 loan."
Albert M. Berriz
"We cherish our long term partnership with Ernie and his team at Berkadia and our good friends at the Department of Housing and Urban Development. This transaction is an important element in our very favorable positioning of our balance sheet for the long term"
November 2, 2010
November 2, 2010
Contact: Mary S. Williams
734-769-8520 ext. 244
FOR IMMEDIATE RELEASE
Norfolk, VA DEALS, a bargain-hunter store acquired by Dollar Tree in 2006, opened its doors on Friday, October, 29thto a filled parking lot at the McKinley JANAF Shopping Yard in Norfolk, VA. The grand opening of their new flagship store is one of over 150 stores located in malls around the country. The new bargain store location will serve as a model for future DEALS locations.
McKinley renovated the existing Dollar Tree store, expanding the commercial space by 8,375 square feet to make the new DEALS store 19,599 square feet. McKinley also added a new faade to create a fresh new look.
The Dollar Tree executives were pleased with the final product and the grand opening of their new flagship store. In an email to Joel Evans, the Regional Director of Leasing for McKinley at the JANAF Shopping Yard, Doug Webb of Dollar Tree noted, I appreciate your hard work and results more than you know, Joel.
November 2, 2010
November 2, 2010
Contact: Mary S. Williams
734-769-8520 ext. 244
FOR IMMEDIATE RELEASE
McKinley is pleased to announce the successful disposition of Pine Circle townhomes on behalf of our client. Pine Circle is a 56 unit community located in Grand Rapids, MI. McKinley managed the property since September, 2009.
Albert M. Berriz, McKinley CEO:
I am once again excited to announce the successful Mckinley disposition of Pine Circle today for our client. We are extremely pleased with this outcome for our client.
October 26, 2010
For Immediate Release
McKinley CEO, Albert Berriz, announced on Sunday that Thomas Shanabruch, Joanna Dettling, Albert L. Berriz, Ping Dai, Tom Gritter and Matthew D. Mason have agreed to make a greater commitment to the long-term vision of McKinley by taking on major CEO report roles as well as new leadership positions with the organization.
Addressing the long-term vision, Berriz noted, We continue to march forward with our efforts to grow our Residential and Commercial Client Services groups. We also march forward with our Long Term Management and Joint Venture efforts that many of you have heard me speak about with regards to our McKinley 2020 vision. The CEO will be holding town hall meetings internally on the subject.
These promotions reflect McKinleys long-term outlook within the real estate market, the organizations dynamic approach, and (perhaps most importantly) McKinleys commitment to developing already talented adroit people into world-class leaders.
Giving a preview of the steps the CEO will be making over the next year, Berriz outlined how the new leadership positions will function in an email sent to the entire organization:
Thomas Shanabruch - Becomes Vice President & Managing Director - Residential Client Services Group. As a CEO report, Tom leads Residential Client Services and most immediately, Mel Zimmerman will be reporting to Tom. Garrett Hain will report to Tom at a later date once Tom transitions the responsibility of his asset management team. Tom has my complete confidence and he has done all the right things to earn this most important promotion. Expect to see great things from our Residential Client Services Group under Tom's leadership!
Joanna Dettling - Becomes Vice President & Managing Director - Real Estate Services. As a CEO report, Joanna becomes our primary contact to our most sophisticated relationships in our residential client services, residential long-term management, and joint venture worlds. I will be transitioning Joanna's current responsibilities, and that search is well underway. Once that transition is complete, those areas of the business will report to Thomas Shanabruch, and become part of his RCS team. Joanna will Partner with Thomas on client services, with Albert L. Berriz on Long Term Management and with Matt Mason on Joint Venture efforts. Thomas, Albert and Matt will lead the real estate efforts, and Joanna will lead the relationship management efforts with our clients. Joanna is uniquely qualified for this opportunity given her sophisticated financial background; she has my complete support and admiration, and has proven to be a skilled relationship manager. Watch for great things from Joanna!
Albert L Berriz - Vice President & Managing Director - Owned Residential Group will Partner with Joanna on Long Term Management efforts in Florida and leading our McKinley Owned Residential business. Florida is a huge part of our Long Term Management growth, and the Albert/Joanna partnership will be the engine for that growth. The Elements in Orlando and Bloomingdale Woods in Valrico, a suburb of Tampa, are excellent examples of that success. Kelly Schultz as AVP and Regional Director is reporting to Albert leading those efforts. Albert will also partner with Joanna, Thomas, Tom and Matt as we bring major initiatives underway in Owned Residential to the entire McKinley platform. This partnership is very exciting to me on many levels as the innovative work Albert and his team have accomplished goes viral throughout the enterprise!
Matt Mason - Becomes Senior Vice President & Managing Director - Real Estate. Matt has a very special role for our future. In addition to continuing his leadership of Commercial Client Services, Matt now leads our Joint Venture efforts, both commercial and residential. Matt will Partner with Joanna as Matt leads the real estate efforts and Joanna the relationship management efforts on Joint Ventures. Matt is one of my most trusted advisors and executives, and everyone should expect to see great things from Matt as our Joint Ventures become a solid part of our McKinley 2020 future!
We invest in People and Real Estate, and I will always say "People" in that sentence first! The most important part of this announcement is the opportunity it brings for ALL of YOU!
These opportunities, and our growth, are very exciting, but it is absolutely reliant upon the talented people we have as McKinley team members. I invite you to ask yourselves what you are interested in doing next - what could you be doing above and beyond your current responsibilities? These conversations you have with your supervisors and HRD partners are super critical to our growth. Take an active role in your personal development today - your future is only limited by your willingness to invest in yourself!
Please send me your questions and comments on my message, your feedback is very important to me.
Thanks everyone!
Albert
October 6, 2010
October 6, 2010
Contact: Mary S. Williams
734-769-8520 ext. 244
FOR IMMEDIATE RELEASE
McKinley Residential Client Services is pleased to announce that we have begun operations as Manager of Casa Los Pinos, a 386 unit property located in Norcross, Georgia.
We are excited to have the opportunity to apply our proven track record of success to assist with this asset. Im confident that by applying our teams passion and expertise, we will be able to enrich the quality of life and create value for all of the stakeholders, states Albert M. Berriz, Chief Executive Officer.
For more information on McKinleys Residential Client Services, please contact Kenneth P. Polsinelli at 734-769-8520 x230.
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