Press Release brought to you by NAI Hallmark

NAI Hallmark Partners Named Exclusive Leasing Agent for 905,000 Square Foot Office Portfolio and Announces Joe Scavetto as Vice President

03/29/2017

NAI Hallmark Partners Named Exclusive Leasing Agent for 905,000 Square Foot Office Portfolio and Announces Joe Scavetto as Vice President

 

Jacksonville, Florida – March 29, 2017 – Acorn Property Holdings has awarded the exclusive leasing assignment of their Northeast Florida portfolio to NAI Hallmark Partners. The 12 building portfolio totals over 900,000 square feet and is comprised of office buildings primarily in the Southside submarket of Jacksonville along with 2 buildings at World Golf Village in St. Augustine.

 

NAI Hallmark Partners would like to announce the addition of Joe Scavetto to lead the office leasing team on this portfolio.

 

Keith Goldfaden, Principal of NAI Hallmark Partners stated of the opportunity: “We are excited to add one of the largest privately owned office portfolios in northeast Florida to the NAI Hallmark Partners platform.  We have long admired Acorn’s ability to acquire value-add office properties in highly attractive submarkets.  They are adept at identifying underutilized assets and increasing their performance with innovative ideas and intense focus on customer service.”

 

David Gonzales, President of Acorn Property Holdings added, “The combination of NAI’s proven marketing abilities and principal level involvement combined with Joe’s experience and knowledge of the properties is the best platform for supporting and promoting our portfolio in Northeast Florida.”

 

Joe Scavetto is a great addition to our team of passionate, knowledgeable and high integrity real estate professionals,” said Christian Harden, Principal of NAI Hallmark Partners. “The addition of the Acorn portfolio is a testament to our track record of creating value and generating results for our clients.”

 

Here’s a closer look at the properties:

Bankers Life Building, 65,765 square-foot office building

Baywood Center I - 23,871 square-foot office building

Baywood Center II - 24,457 square-foot office building

Baywood Center III - 114,496 square-foot office building

Butler Pointe - 157,040 square-foot office building

Centurion Plaza - 51,974 square-foot office building

Enterprise Center at WGV - 31,641 square-foot office building

First Atlantic Bank Building - 60,176 square-foot office building

Gateway Commons at WGV - 50,188 square-foot office building

Lakeside Plaza - 44,572 square-foot office building

Park Lake Plaza - 53,142 square-foot office building

Southpoint Self Storage - 227,960 square-foot office and self-storage facility

 

About Joe Scavetto

 

Joe Scavetto has been working in commercial brokerage for over ten years, and during that time he has completed over $80 million in sales and leasing transactions.  Prior to working in commercial brokerage, Joe worked in corporate real estate for a Fortune 1000 company, managing a national portfolio of nearly two hundred leased and owned properties. He oversaw acquisitions, facility consolidations, dispositions, sale/leasebacks, and other matters related to managing the portfolio.

 

Joe holds an MBA and earned a bachelor’s degree, summa cum laude at Jacksonville University.  He has earned the CoStar Powerbroker Office Award every year since 2012.

 

About NAI Hallmark Partners

 

NAI Hallmark Partners was formed in 1993 as a full service commercial real estate company offering sales/leasing brokerage, property management and turnkey development services. NAI Hallmark Partners is currently involved in the leasing and/or management of a portfolio in excess of 4 million square feet in the Jacksonville market.  In addition, the company has developed more than $400 million in commercial projects throughout northeast Florida.

 

About NAI Global

 

NAI Global is the single largest, most powerful global network of owner-operated commercial real estate brokerage firms. NAI Global provides a full-range of corporate real estate services, including brokerage and leasing, property and facilities management, real estate investment and capital market services, due diligence, global supply chain consulting and related advisory services.  NAI Global member firms, leaders in their local markets, are actively managed to work in unison and provide clients with exceptional solutions to their commercial real estate needs. Founded in 1978, today NAI Global member firms span the US and 54 other countries, with 375 offices and more than 6,700 local market experts on the ground, completing $55 billion of transactions annually. Supported by the central resources of the NAI Global organization, member firms deliver market-leading services locally and combine their in-market strengths to form a powerful bond of insights and execution for clients with multi-market challenges.

 

NAI Global was acquired in 2012 by C-III Capital Partners, a commercial real estate services company engaged in a broad range of activities, including primary and special loan servicing, loan origination, fund management, CDO management, principal investment, title services and multifamily property management.

 

To learn more, visit www.naiglobal.com.

 

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NAI Hallmark

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