Posts Tagged ‘Purchase’

John Lupypciw, of the Continental Group, Release Information on the Purchase of Land in Avondale, Arizona

Friday, February 8th, 2013


Phoenix, Arizona (PRWEB) February 06, 2013

John Lupypciw is the head developer and also president of the Continental Group, and is eager to announce that the purchase of 20 acres of land in Avondale, Arizona has been approved. This is great news for the Continental Group as this will now become one of their biggest developments in all of 2013.

The Continental Group is a top multi-unit residential real estate company that prides itself in building fantastic pieces of property for a specific upscale target market. With this new purchase of land, Lupypciw has expressed that it will become many residential buildings. He has offered few other details about what is to come for this new 20 acre development. People can expect to see a luxury condominium that displays the beauty and elegant architecture that is typical of projects developed by the Continental Group.

John Lupypciw, president of the Continental Group, has also shown off some of the schematics for the area but nothing specific has been publicly shown yet. If previous developments are to be an indication, this new condominium will flaunt the newest in beautiful and quality designs.

John Lupypciw has, as president and lead developer of the Continental Group, over 35 years of experience in the field of establishing multi-family real estate developments, rezoning parcels of land and receiving entitlements. The group is located within Scottsdale, Arizona, but features offices in Phoenix, Miami, and also Calgary. John Lupypciw, with the Continental Group, is one of the top development organizations in Arizona and prides itself on efficiently and within a tight budget making high rise developments. Currently there are a great amount of projects that the Continental Group is involved in and 2013 looks to be yet another successful year for John Lupypciw and the Continental Group. Some residents of Avondale are already looking forward to what is soon to be built for some new options for living in luxury.

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John Lupypciw, President of Continental Group, Contact Information:

480.596.3454 Office

info(at)ContGroup(dot)com

http://www.continentalgrp.com







Unico Closes $26.5MM Deal to Purchase Harlequin Plaza in Denver

Thursday, November 8th, 2012

Independence, MO (PRWEB) November 02, 2012

Xceligent, Inc., a commercial real estate information services provider, has learned that the Metro Denver sale of Harlequin Plaza and 18 additional acres closed on October 18, 2012 for $ 26,550,000, according to Arapahoe County Records. The buyer, Unico Real Estate Investments, based in Seattle, executed a $ 25,000,000 note, with a due date in 2016. Mike Winn and Tim Richie of Cushman & Wakefield represented the seller.

Harlequin Plaza is located at 7600 East Orchard Avenue. The Greenwood Village property consists of two buildings totaling 327,907 square feet; Harlequin Plaza North contains 187,243 square feet while Harlequin Plaza South has 140,664 square feet, and was developed by the John Madden Company in 1981.

The sales price of $ 80.97 per square foot is way below replacement cost, said John V. Winslow, CRE and Xceligent Senior Sales Comp Manager.

According to Xceligent CDX records, Harlequin Plaza was 40% occupied at the time of sale. The site is adorned with first class office landscaping and amenities. According to a recent Unico written statement, this acquisition brings Unicos Denver portfolio to over 1.2 million square feet of owned and managed properties.

We are very pleased to continue to build our portfolio within the Denver market. With it comprising over 50 percent of Colorados total population, 62 percent of all jobs, and a burgeoning number of companies headquartering here, this continues to be an appealing market for us from an investment strategy, Jonas Sylvester, Unicos senior vice president of Investment and Development, also said in the statement.

Unico Properties LLC is a real estate investor and full-service operator, focused on office and multifamily assets in the Western United States. For nearly 60 years its investors and partners have relied on Unico for its local knowledge, institutional rigor, and boutique service, which consistently deliver results. Founded in 1953, Unico is headquartered in Seattle, Wash. Unico is a proven operating partner. The company is a leader in sustainable practices, reducing energy consumption by 18 percent per year across its 13 million-square-foot portfolio. Unico has earned LEED and LEED