Saturday, August 16, 2008

Real Estate Illinois

Real Estate Illinois

The text is a bit hard to read because of the formatting. But you can view what seems to be an original from:

Article from bizjournals.com: 1st United closes on Citrus Bank purchase

Hello from bizjournals.com! richard.schuchts@am.jll.com (richard.schuchts@am.jll.com) thought you might like the following article from the South Florida Business Journal:

1st United closes on Citrus Bank purchase

Published: August 15, 2008

1st United Bancorp said it has closed on the purchase of the branch network, substantially all of the deposits and much of the loan portfolio of Vero Beach-based Citrus Bank.

To continue reading, go to: http://southflorida.bizjournals.com/southflorida/stories/2008/08/11/daily48.html?b=1218772800^1686173&surround=etf


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Tuesday, August 12, 2008

Tenant Broker Transformation

Before last month's merger, Richard Schuchts and the Office Services Group at The Staubach Company were just scaring the other tenant rep brokers in the market. Not only was the Tenant only commercial real estate firm getting the lion's share of new tenant representations. Yahoo!, Apple, Verizon, AT&T, Hunton & Williams, Mercantile, International Bank of Miami, AutoNation, Caterpillar and Bacardi.

Now, post merger, Richard Schuchts and Mike Crissy are back in the landlord representation business. Jones Lang LaSalle was just honored with the representation of the long awaited redevelopment of the old Plantation Fashion Mall. But the project is not just the same building in a new dress. It is a complete redevelopment that will transform the site into a destination oriented retail center with a large Muvico Theater, many restaurants, and beautiful finishes throughout. Alice Lucia and Sandra Andersen round out the JLL team.

For Richard, it was the second listing assignment that he had taken on in a matter of days. He joined with Jorge Morales and Catarina Jimenez to begin representation of a 52,000 sf technology building in the Doral submarket.

Look out market. Expect to lose some business to these guys.