ST. PETERSBURG, Fla. --- WeinPlus Real Estate Advisory Services in St. Petersburg has been awarded a contract to provide risk mitigation services for Equity One’s Gallery at Westbury Plaza currently under development in Long Island.
Rachel Elias Wein, AIA, founder and principal of WeinPlus Real Estate Advisory Services in St. Petersburg, said the 300,000 square foot Gallery at Westbury Plaza is located between Westbury Plaza, which is also owned by Equity One, and the Roosevelt Mall, one of the highest grossing malls in the country.
Developers of the Gallery at Westbury Plaza are currently negotiating leases with high-end retailers. The mall is designed to meet LEED certification standards, Wein said.
The team at WeinPlus will be working with executive leadership on construction and development risk management.
Showing posts with label WeinPlus Real Estate Advisory Services. Show all posts
Showing posts with label WeinPlus Real Estate Advisory Services. Show all posts
Wednesday, June 29, 2011
Friday, June 24, 2011
Cloudy Commercial Real Estate Market Starting to Show Silver Lining, More Investors Seeking Deals, Says Real Estate Expert Rachel Wein of WeinPlus
ST. PETERSBURG, Fla. --- Commercial real estate — typically a lagging indicator of economic vitality — is starting to show signs of recovery, says one expert.
Rachel Elias Wein, AIA, founder and principal of WeinPlus Real Estate Advisory Services in St. Petersburg, recently returned from the International Council of Shopping Centers’ annual Re-Con Convention, which drew an estimated 30,000 real estate brokers, developers and retailers to Las Vegas.
Billed as the nation’s annual gathering of commercial real estate dealmakers, Re-Con was just that, Wein said.
“I’ve never seen so many principals and top executives looking for deals,” Wein said.
“Development deals, anchor tenant deals, power broker deals, retailers shopping market demographics, and the bread and butter of retailers, it was very encouraging,” Wein said.
Wein said commercial real estate developers and retailers are showing signs of improved confidence that improved economic conditions are eminent.
“I think the industry is seeing pent up demand from all sides,” Wein said. “The convention was an energetic, exhausting and entirely optimistic experience,” she said.
Rachel Elias Wein, AIA, founder and principal of WeinPlus Real Estate Advisory Services in St. Petersburg, recently returned from the International Council of Shopping Centers’ annual Re-Con Convention, which drew an estimated 30,000 real estate brokers, developers and retailers to Las Vegas.
Billed as the nation’s annual gathering of commercial real estate dealmakers, Re-Con was just that, Wein said.
“I’ve never seen so many principals and top executives looking for deals,” Wein said.
“Development deals, anchor tenant deals, power broker deals, retailers shopping market demographics, and the bread and butter of retailers, it was very encouraging,” Wein said.
Wein said commercial real estate developers and retailers are showing signs of improved confidence that improved economic conditions are eminent.
“I think the industry is seeing pent up demand from all sides,” Wein said. “The convention was an energetic, exhausting and entirely optimistic experience,” she said.
Tuesday, February 8, 2011
WeinPlus Real Estate Advisory Services Launches Web Site to Assist Commercial Property Owners, Managers Maximize Revenues
ST. PETERSBURG, Fla. --- WeinPlus Real Estate Advisory Services, the St. Petersburg firm that works with commercial property owners, developers and management firms to maximize revenues and streamline development and construction practices, has launched a new web site at www.weinplusassociates.com to teach real estate professionals how to prosper in a recessionary economy.
Rachel Elias Wein, AIA, principal of WeinPlus Real Estate Advisory Services, said she designed the web site as an introduction to her professional services and a lesson plan for forward-thinking real estate professionals.
“The commercial real estate industry is recovering from the worst recession since the Great Depression,” Wein explained. “A new generation of real estate professionals---owners, developers and property managers---is emerging that recognize the need to adapt their business model to create opportunities in a new economy,” she said. “We expect to play a large role in this evolution.”
Wein, former development manager with The Sembler Company in St. Petersburg and a Senior Associate with Ernst & Young’s Construction and Real Estate Advisory Services practice in Philadelphia, earned degrees from the University of Florida: Master’s degrees in Architecture and Real Estate and a Bachelor’s degree of Design.
Her experience providing advisory services to numerous Fortune 500 companies includes more than $40 billion in real estate transactions and $2 billion in construction projects.
* * *
For more information, contact: Rachel Elias Wein, AIA, Founder / Principal, WeinPlus, 727-386-9346, www.weinplusassociates.com; Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142 Lvershelco@aol.com
Rachel Elias Wein, AIA, principal of WeinPlus Real Estate Advisory Services, said she designed the web site as an introduction to her professional services and a lesson plan for forward-thinking real estate professionals.
“The commercial real estate industry is recovering from the worst recession since the Great Depression,” Wein explained. “A new generation of real estate professionals---owners, developers and property managers---is emerging that recognize the need to adapt their business model to create opportunities in a new economy,” she said. “We expect to play a large role in this evolution.”
Wein, former development manager with The Sembler Company in St. Petersburg and a Senior Associate with Ernst & Young’s Construction and Real Estate Advisory Services practice in Philadelphia, earned degrees from the University of Florida: Master’s degrees in Architecture and Real Estate and a Bachelor’s degree of Design.
Her experience providing advisory services to numerous Fortune 500 companies includes more than $40 billion in real estate transactions and $2 billion in construction projects.
* * *
For more information, contact: Rachel Elias Wein, AIA, Founder / Principal, WeinPlus, 727-386-9346, www.weinplusassociates.com; Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142 Lvershelco@aol.com
Friday, February 4, 2011
WeinPlus Associates Awarded Consulting Contract
ST. PETERSBURG, Fla. --- WeinPlus Real Estate Advisory Services in St. Petersburg was recently awarded a major consulting contract to optimize tenant improvement and ground-up construction processes for Equity One, Inc., the Miami-based real estate investment trust that specializes in the acquisition, asset management, development and redevelopment of quality retail properties throughout the U.S.
Rachel Elias Wein, AIA, principal of WeinPlus Real Estate Advisory Services, said her work will include development of strategies to accelerate retail tenant openings, providing increased revenue for Equity One.
Equity One properties include 174 retail centers that total more than 19 million square feet, four projects that are currently under development, six non-retail properties, and five parcels of land. Additionally, Equity One has joint venture interests in twelve retail centers and one office building totaling approximately 1.9 million square feet.
Wein, whose professional specialties combine project analysis, management, finance, accounting and construction, is widely recognized as an expert in development process improvement and cost control.
Wein formerly served as development manager with the Sembler Company in St. Petersburg and senior associate with Ernst & Young’s Real Estate and Construction Advisory Services in Philadelphia, and holds Master of Architecture and Master of Science in Real Estate degrees from the University of Florida.
“We’re excited to continue our relationship with Equity One. With an operation as large as theirs, we have an opportunity to make a significant positive impact.” Wein said.
* * *
For more information, contact: Rachel Elias Wein, AIA, Founder/Principal, WeinPlus, 727-386-9346, www.weinplusassociates.com; Larry Vershel, Beth Payan, Larry Vershel Communications 407-644-4142
Rachel Elias Wein, AIA, principal of WeinPlus Real Estate Advisory Services, said her work will include development of strategies to accelerate retail tenant openings, providing increased revenue for Equity One.
Equity One properties include 174 retail centers that total more than 19 million square feet, four projects that are currently under development, six non-retail properties, and five parcels of land. Additionally, Equity One has joint venture interests in twelve retail centers and one office building totaling approximately 1.9 million square feet.
Wein, whose professional specialties combine project analysis, management, finance, accounting and construction, is widely recognized as an expert in development process improvement and cost control.
Wein formerly served as development manager with the Sembler Company in St. Petersburg and senior associate with Ernst & Young’s Real Estate and Construction Advisory Services in Philadelphia, and holds Master of Architecture and Master of Science in Real Estate degrees from the University of Florida.
“We’re excited to continue our relationship with Equity One. With an operation as large as theirs, we have an opportunity to make a significant positive impact.” Wein said.
* * *
For more information, contact: Rachel Elias Wein, AIA, Founder/Principal, WeinPlus, 727-386-9346, www.weinplusassociates.com; Larry Vershel, Beth Payan, Larry Vershel Communications 407-644-4142
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