PEBB Enterprises Adds Two New Vice Presidents
Adam Starr is PEBB’s new Vice President of Leasing, Senior Director while Florence Motavali joins as Vice President, Operations Controller.
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Adam Starr is PEBB’s new Vice President of Leasing, Senior Director while Florence Motavali joins as Vice President, Operations Controller.
The 23-story building will comprise 378 luxury rental apartments, 6,919 square feet of retail space and 1,706 square feet of offices.
The site is expected to complete and obtain master permitting within four months.
The joint venture currently expects to obtain debt financing and commence site development and construction of the initial phase of the project in the first quarter of 2024.
He brings significant development management experience, having previously worked for top firms like Stiles Residential Group and The Morgan Group.
Matthew G. McAllister and Christopher Thomson are overseeing leasing efforts on behalf of the property’s new landlord.
The $11,150,000 price tag is one of the highest purchase prices that the area has seen, according to APEX Capital Realty.
Over the last nine months, the team at Wells Fargo Center has executed over 250,000 square feet of leasing transactions, bringing the building to 93% occupancy.
The project will rise on a 1.65-acre site at 6028 Johnson Street.
JLL’s Peter Sheridan, Yuri Quispe, and Peter Johnston represented the owner and developer in the lease negotiations.
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