GLC Holds Groundbreaking Press Conference for Skyline Tower in Fort Wayne

GLC Holds Groundbreaking Press Conference for Skyline Tower in Fort Wayne

PRESS RELEASE

FOR IMMEDIATE RELEASE

Contact:
Casey Cupp
Marketing Director
Bradley Company
317.727.9014 c
ccupp@bradleyco.com

Great Lakes Capital Holds Groundbreaking Press Conference/Ceremony for Skyline Tower in Downtown Fort Wayne

Fort Wayne, IN (October 27, 2016) Great Lakes Capital (GLC) is proud to announce the official groundbreakingof Skyline Tower, a distinctive $40-million-dollar mixed-use development that is a key component in completing the overall Ash Skyline Plaza and Skyline Garage project in downtown Fort Wayne. Weigand Construction began their work last week.

This historical project is the first to be approved for state matching funds through the Regional Cities Initiative, made possible through support from three commercial lending partners; including lead financial partner Old National Bank with collaboration from Lake City Bank and Salin Bank. All three of these financial partners are Indiana owned and operated.

“The Regional Cities Initiative has given communities a blueprint to address critical economic development issues and make Indiana the best place to live, work, play and stay,” said Lt. Governor Eric Holcomb. “In northeast Indiana, 11 counties are working together by investing in nature, community, culture and ideas. Downtown amenities and housing are essential to building quality of place, and the Skyline Tower in Fort Wayne will be a driving force in creating vibrant communities that retain and attract talent, supporting northeast Indiana on its Road to One Million.”

“Skyline Tower is a tremendous addition to the heart of our City,” said Mayor Tom Henry. “I continue to be encouraged by the progress we’re seeing throughout Fort Wayne. We’re strengthening our position as a point of destination where individuals, families, and business want to invest. By working together, we’re attracting and retaining jobs as a community moving in the right direction.”

Skyline Tower will feature nationally recognized Ruth’s Chris Steakhouse on the ground floor and office space on the second floor, a combined 30,000 square feet of commercial space. Above that, the tower will house 124 high-end apartments which will address the strong demand for quality housing in the heart of Fort Wayne’s growing downtown neighborhood. Upon completion, Skyline Tower will be approximately 170,000 square feet and create as many as 60 new jobs. Delivery of the restaurant, office and half of the apartments will be in Q1, 2018 and the second half of the apartments will be delivered in Q2, 2018.

“Skyline Tower will offer a very unique living environment which will continue to make our city and our region ever more competitive in retaining and attracting talent,” said David Arnold, Director of GLC, “It’s a community asset which has been the result of hard work and perseverance by many people in both the private and public sectors.”

GLC will also be partnering with Bradley Company, a local and regional commercial real estate services leader with expertise in leasing and management of retail and office space, as well as multi-family housing. Bradley Company is a full-service commercial real estate firm that will not only provide exceptional on-site services to Skyline Tower’s residents and commercial tenants, but will also further its investment in the core of the city with the addition of staff and relocation of its offices to this new landmark property.

“Collectively, GLC and Bradley Company join forces to build and manage long term,” said Brad Toothaker, President and CEO of Bradley Company and Managing Partner of GLC, “This project has brought together businesses and the community to create a project that truly moves the needle for the region as it continues to elevate the landscape of downtown Fort Wayne.” Both companies, Great Lakes Capital and Bradley Company, will be relocating their offices into Skyline Tower, which guarantees nearly 70 professionals will occupy a substantial portion of the newly created office space.

Please visit Skyline Tower’s new website, www.skylinetowerfw.com, for more information regarding available space, property features and amenities.

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About Great Lakes Capital

Great Lakes Capital is a real estate private equity firm uniquely positioned to add value to real estate investments through development, redevelopment and opportunistically investing across the real estate spectrum and throughout the capital structure. We concentrate on several core asset classes, including office, industrial, retail, medical office, multifamily and other similar conforming product types as well as mixed use projects. As a market leader in new development we actively address the needs of our tenant partners in addition to speculative development meeting needs the market has not yet reacted to. For more information, please visit: www.greatlakescapital.com

About Bradley Company

With eight regional offices throughout Indiana and West Michigan, Bradley Company provides commercial brokerage services, commercial and multi-housing management, real estate tax consulting, maintenance services, project and facilities management, corporate services, research services and strategic planning. Bradley Company was founded in 1978 and employs over 250 professionals that manage nearly 2,500 multi-housing units, over 10 million square feet of office, medical, industrial, and retail space. For more information, please visit www.bradleyco.com

 

Great Lakes Capital Announces 10-Year Deal for 210,000 SF Distribution Center

Great Lakes Capital Announces 10-Year Deal for 210,000 SF Distribution Center

South Bend, IN – September 12, 2016 - Locally-owned Great Lakes Capital (GLC), a real estate
private equity firm, is pleased to announce they have signed a 10-year lease with AM General
for their South Bend Distribution Center I (SBDCI), a new distribution center located just off I-
90, at Dylan Drive and Chet Waggoner Drive in South Bend’s most active industrial area.

GLC partnered with the City of South Bend to develop SBDCI, as they both recognized the
largely unmet, but high-demand need for large shipping and distribution centers that are
centrally located within the Unites States. Their notion was vindicated when GLC signed AM
General to a 10-year lease, prior to the building even being fully constructed.

Bradley Company, a full-service commercial real estate company, facilitated in putting this deal
together. Senior Brokers, Greg Pink and Jeremy McClements, helped to lease the 210,000
square foot distribution center.

“Spec buildings have become a critical economic development tool providing businesses with
the opportunity to meet their speed to market and risk mitigation needs. The forward thinking
partnership between the City of South Bend and Great Lakes Capital in constructing this
building mitigated the need for AM General to search outside of the South Bend-Elkhart region
for a building that would meet their evolving needs,” said Regina Emberton, President & CEO of the Michiana Partnership, “In addition to supporting the growth of existing companies, spec
buildings also drive traffic from businesses outside of the area who are searching across the
country for product that will facilitate their expansion or relocation needs.”

Logistically, South Bend is a convenient stop for many regional and national freight companies,
due to its proximity to the toll road, I-94 and multiple airports. As a result, shipping from South
Bend allows for minimal travel time to a significant portion of the country. “SBDCI is located in
an industrial area that has proven itself as a successful national logistics hub, as evidenced by
two Fortune 100 companies having chosen to locate there within the past eighteen months,”
says Jeff Smoke, Director of Development at Great Lakes Capital. “Not only is this an exciting
deal for our local area, that also indicates positive implications for our economy down the road, I think the successful outcome demonstrates the potential for well-executed public-private partnerships. This remarkable deal would not have been possible without the partnership of the City of South Bend.” Due to the success of the SBDCI project and the significant interest large corporations are showing for space in the same location, GLC is planning additional industrial development which is expected to be completed late Spring 2017.


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About Great Lakes Capital
Great Lakes Capital is a real estate private equity firm uniquely positioned to add value to real
estate investments through development, redevelopment and opportunistically investing across the real estate spectrum and throughout the capital structure. We concentrate on several core asset classes, including office, industrial, retail, medical office, multifamily and other similar conforming product types as well as mixed use projects. As a market leader in new development we actively address the needs of our tenant partners in addition to speculative development meeting needs the market has not yet reacted to. For more information, please visit: www.greatlakescapital.com
 

About Bradley Company
With eight regional offices throughout Indiana and West Michigan, Bradley Company provides
commercial brokerage services, commercial and multi-housing management, real estate tax
consulting, maintenance services, project and facilities management, corporate services, capital markets services, research services and strategic planning. Bradley Company was founded in 1978 and employs over 250 professionals who manage nearly 2,500 multi-housing units, and over 10 million square feet of office, medical, industrial, and retail space. For more information, please visit: www.bradleyco.com

Bradley Company Hires Jeff Tucker and Drew Nelson to its Grand Rapids Brokerage Team

Grand Rapids, MI – September 28, 2016 – Bradley Company is pleased to announce the addition of Jeff Tucker and Drew Nelson to our Grand Rapids brokerage team.

Jeff Tucker joins us as Vice President, Office Brokerage for the Grand Rapids market. Jeff, a seasoned sales and marketing professional with over 24 years of real estate experience, brings both client and market expertise to the Bradley platform. In his role, Jeff advises clients in strategic planning, transaction execution for both acquisition and dispositions, and portfolio management throughout the West Michigan region. His client relationships span the full spectrum of family owned businesses to Fortune 500 companies. Jeff added, "Bradley Company is a fast paced, dynamic and innovative team that focuses on exceeding its client's expectations throughout its Midwest office territory. I look forward to working with such a strong platform to service my client's real estate goals."

Drew Nelson has over 25 years of sales experience. As a brokerage associate, Drew specializes in office, retail and investment properties. Drew has many business relationships in the Grand Rapids marketplace and applies a ‘consultant’ style approach when matching his clients with the space that best suits their particular need. Many factors have contributed to Drew’s early industry success including honesty and a strong work ethic. His ability to put himself in his client’s shoes and advise them as if the investment were his own, has earned Drew great respect from the people he does business with . “I am very excited to be joining the Bradley Company team. Their core values such as collaboration, creativity and most importantly integrity align with my own. I also look forward to being an integral part of Bradley Company’s continued growth in West Michigan and beyond.”

“We are very pleased to be growing our West Michigan brokerage platform, especially with two brokers who will significantly add to our breadth and depth of services,” said Brad Toothaker, President & CEO of Bradley Company.

Rudy Yakym III, Sr. Vice President of Bradley Company, added, “At Bradley Company, we hire for culture. Both Jeff and Drew are great cultural additions and fit well within the context of where we are headed as an organization.”


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About Bradley Company
With eight regional offices throughout Indiana and Michigan, Bradley Company provides commercial brokerage services, commercial and multi-housing management, real estate tax consulting, maintenance services, project and facilities management, corporate services, research services and strategic planning. Bradley Company was founded in 1978 and employs over 250 professionals who manage nearly 2,500 multi-housing units and over 10 million square feet of office, medical, industrial, and retail space. For more information, please visit www.bradleyco.com

Great Lakes Capital Will Develop $40 Million Skyline Tower in Fort Wayne, Indiana

Great Lakes Capital Will Develop $40 Million Skyline Tower in Fort Wayne, Indiana

South Bend, IN (January 13, 2016) – Great Lakes Capital proudly announces the company has reached an agreement with the City of Fort Wayne to develop Skyline Tower, a distinctive $40 million dollar mixed-use development; the key project that will complete the Ash Skyline Plaza and Skyline Garage project.

2016 Corporate Wins Q1 & Q2

2016 Corporate Wins Q1 & Q2

Bradley Company was very busy across all eight of our regions in the first and second quarter of 2016. Please feel free to take a look at our team's wins for the first half of 2016. Enjoy!

Bradley Company 2015 Corporate Wins

Bradley Company 2015 Corporate Wins

The fourth quarter of 2015 was busy for Bradley company with several exciting projects occurring all across our service areas. We're thankful to work with so many great clients as well as having a fantastic team in place to serve them.

Take a look at our fourth quarter Corporate Wins Newsletter!