Sales Team includes Morris & Raper and new VP of Sales and Marketing
ATLANTA (August 20, 2007) – Daniel Corporation, Selig Enterprises, Inc. and the Canyon-Johnson Urban Fund (CJUF) today announce that Morris & Raper will manage the residential sales for 1010 Midtown – the first phase of the more than 3-million-square-foot 12th & Midtown mixed-use development. Additionally, Daniel Corp. announces the hiring of Jason Winburn as vice president of residential sales and marketing for the development.
“We’ve experienced an overwhelming response from homebuyers’ interested in 1010 Midtown,” said Steve Baile, senior vice president for Daniel Corp. “We are thrilled to have assembled such a strong sales team with a long-standing proven record of successfully managing projects of this caliber.”
Morris & Raper, who also handled sales for the development team’s The Plaza Midtown project, is Atlanta’s leading new home real estate firm, with more than three decades of experience in new homes sales in metro Atlanta and the Southeastern United States. “Our teams had incredible synergies at Plaza,” said Gail Raper, CEO of Morris & Raper. “That project was a success from the beginning and we are eager to now begin meeting with clients for 1010 Midtown. The team is off to a remarkable start.”
Jason Winburn is an MBA and CPA who has previously worked with PricewaterhouseCoopers, Wells Fargo and The Related Group. He has provided sales support to many condominium projects in Midtown and was the lead on-site mortgage banker for The Plaza Midtown. Most recently, Jason Winburn managed Related Financial for The Related Group in Miami.
The 1010 Midtown Sales Gallery, located at the corner of 12th Street and Crescent Avenue, will open to the public September 21, 2007. The gallery has been designed to accentuate the “Life on the curve” brand theme and is uniquely positioned to provide dramatic views of the tower under construction.
1010 Midtown will offer 443 signature residences towering 35 floors above a dynamic mix of flagship retail, restaurants and entertainment. Spacious floorplans are designed with expansive window walls that maximize dramatic panoramas of Downtown, Midtown, Piedmont Park and more. Luxurious features include a lush “Park in the Sky” with swimming pool, cabanas, manicured gardens, 24-hour concierge, state-of-the-art fitness center and club room.
Construction for 1010 Midtown is underway with the first homes available fall 2008. Spacious one-, two- and three bedroom residences will range from $200,000 to more than $1,000,000. For more information, or to register on the priority buyer list, visit www.1010midtown.com.
ABOUT 12th & MIDTOWN
Spanning approximately four city blocks, 12th & Midtown (www.12thandmidtown.com) will be a more than 3-million-square-foot mixed-use development featuring Class A office towers, luxury hotels, premium residences and flagship retail. With this development, the team (Daniel Corp., Selig Enterprises, MetLife and Canyon-Johnson Urban Funds) becomes the largest single contributor to Atlanta’s Midtown Mile. 12th & Midtown, located at the intersection of Peachtree and 12th streets, will deliver a robust masterplan in the heart of Midtown, featuring more than 1.2 million square feet of Class A office space, more than 600 hotel rooms, more than 1,000 residences and over 200,000 square feet of flagship retail space akin to the much heralded Magnificent Mile in Chicago.
ABOUT THE 12th & MIDTOWN DEVELOPMENT TEAM
Daniel Corporation
Founded in 1964, Daniel Corporation (www.danielcorp.com) is an innovative, full-service real estate organization engaged in the development, acquisition, and management of commercial office, multi-family, residential, urban mixed-use, and senior living properties. These activities have resulted in a substantial and diverse portfolio. Headquartered in Birmingham, Ala., with a regional office in Atlanta, Ga., Daniel Corp. currently focuses on markets in the Southeast and Mid-Atlantic states. Daniel Corp.’s broad range of real estate expertise and fiduciary tradition enables the company to respond with the flexibility and timeliness demanded by the real estate industry.
Selig Enterprises, Inc.
For nearly a century, Selig Enterprises (www.seligenterprises.com) has maintained a commitment to excellence, dedicated to meeting the needs of its tenants as well as the community. Founded in 1918 by Ben J. Massell, Selig Enterprises’ portfolio includes shopping centers, industrial complexes and office developments throughout the Southeast. The company provides leasing, development, acquisition, space design, construction, legal, property management, parking operation (owns AAA Parking), brokerage and accounting services for more than 250 properties in 37 cities across 5 states. Under the direction of S. Stephen Selig III, Selig Enterprises is one of the largest privately held real estate companies in the Southeast.
The Canyon-Johnson Urban Funds
The Canyon-Johnson Urban Funds (www.CJUF.com) are a joint venture between Canyon Capital Realty Advisors and Earvin “Magic” Johnson, formed to identify, enhance and capture value through the development and redevelopment of real estate in densely populated, ethnically diverse urban communities. The Funds’ objectives are to seek current income and capital appreciation and, in addition to meeting investment goals, the fund is committed to providing for and fostering economic opportunities for the residents of the urban neighborhoods in which CJUF invests. With nearly $1 billion in committed equity capital, the fund is positioned to facilitate more than $4 billion in development and revitalization in major U.S. metropolitan areas.
MetLife Real Estate Investments
MetLife, through its Real Estate Investments department (www.metlife.com/realestate), oversees one of the largest real estate investment portfolios in the nation. MetLife has a strong, stable, well-diversified real estate investment portfolio, which is valued at approximately $40 billion and consists primarily of real estate equities, commercial mortgages and agricultural mortgages. MetLife is a global leader in real estate investment and real estate asset management services, with a vast network of regional offices that keep in close contact with the major real estate markets. MetLife’s real estate investment focus includes office, multi-family, industrial and retail properties.
» Credits: Images Courtesy of Rule Joy Trammell + Rubio, Architects
