Posts tagged MSU
Micro-brewery & Pizzeria to Open in Fall 2012
May 29th
Jason Leep of NAI Landmark recently represented Tuscany Trio, LLC in its subletting of a restaurant space located in the Town and Country Foods building at 1611 S 11th Ave in Bozeman, MT on the campus of Montana State University. The space is 4955 SF and will be converted into a local Micro-brewery and gourmet pizzeria. They expect the new operation to be open in the fall of 2012.
NAI Landmark Welcomes Three New Associates
Oct 3rd
Robyn Erlenbush, Broker/Owner of NAI Landmark is pleased to announce that sales associates Kasey Harte, Cam Holt and Ryan Springer have joined NAI Landmark.
Kasey Harte comes to NAI Landmark with over 10 years of commercial real estate experience representing buyers, seller, landlords and tenants as well as project developments. He has strong family business background in commercial leasing, hotels, restaurants, casinos, convenience stores, retail business as well as land and commercial development.
Originally from North Dakota, Cam Holt moved to Bozeman in 2004. He graduated Montana State University with a Business Finance degree in 2007 and has been working in the commercial real estate industry since 2008. Cam thoroughly enjoys working with Montana’s businesses and property owners to find solutions that are beneficial and rewarding to both.
Ryan Springer, another Bozeman native, brings over 15 years of experience spanning from the military, to corporate management to small business ownership and operation. Springer is involved in the Livingston business community as the Chair person for the Vision Livingston Downtown Partnership.
All three associates come to NAI Landmark from Grubb & Ellis. Their diverse backgrounds in commercial real estate and development make them a valuable addition to the NAI Landmark team.
NAI Landmark is a full-service commercial real estate brokerage and advisory firm serving Bozeman, Big Sky and southwestern Montana. The firm specializes in office and retail leasing, commercial property sales, 1031 Exchange properties, development assistance, site selection services, business valuation and buyer representation.
NAI Global is the premier network of independent commercial real estate firms and one of the largest commercial real estate service providers worldwide. NAI Global manages a network of 5,000 professionals and 350 offices in 55 countries throughout the world. NAI professionals work together with the global management team to help clients strategically optimize real estate assets.
Proposed Student Housing, Upgrades & Amenities at MSU Bozeman
Sep 26th
Do you hear that buzz? It’s at Montana State University and the talk is about the proposed student housing, upgrades and amenities. Here are a few stories for you to read while the developers await MSU’s approval.
Developers file preliminary application for student housing community south of MSU
“Developers have filed an informal application to build a modern student housing community and commercial district on 127 acres of farmland south of Montana State University.
RTR Holdings II is proposing to build the South University District south of Kagy Boulevard between South 19th and 11th avenues.
By filing an informal application, the developers are seeking direction and advice from Bozeman city officials prior to submitting a formal plan for final decision.
Phase one of the project – which makes up about one-fifth of the proposed development – calls for the construction of six three-story student apartment buildings and a community clubhouse west of MSU’s Bobcat Stadium.” Click here for full article by Amanda Ricker with the Bozeman Daily Chronicle.
MSU aims to build $7 million suite-style dorm to house more students
“Montana State University is proposing to build a new $7 million suite-style residence hall and spend another $8 million to fix up existing dormitories.
If approved by the state Board of Regents at its meeting this week in Billings, the new building would add about 70 more student beds to MSU’s housing stock, which already houses about 4,000 students.
A three-story, co-ed dorm, similar to the two North Hedges Suites near the SOB Barn, would be built west of the Hedges high-rise dorms.
To pay off the cost of building one new dorm and upgrading old ones, students’ room-and-board rates would be raised about 1 percent, or $40 per semester, starting in the fall of 2012.” Click here for full article by Gail Schontzler with the Bozeman Daily Chronicle.
Living and working in Bozeman, Montana
Aug 12th
Another reason why living and working in Bozeman, Montana is beyond great. “Not only did Outside magazine name Bozeman one of America’s best ski towns last year, now it’s also given one of the city’s employers the distinction of being among the nation’s best companies to work for.
MercuryCSC, a downtown communications company, is listed 16th on a list of 50 best companies to work for in the magazine’s September issue, slated to be out Tuesday.
MercuryCSC employees enjoy a relaxed workplace atmosphere with group yoga, mountain biking and snow sports excursions, a company kickball team called “Who Shot the Serif?” and a company cruiser bike for running errands downtown, according to the company’s website.”
Stay updated with ERA Landmark & NAI Landmark
Aug 5th
With the new Gallatin Field Airport expansion, Kohl’s building completion off College Street and hiring boom along with the new Safeway grocery store going in at 19th and Main Street not to mention Right Now Technologies local expansion, the buzz around town is that Bozeman’s still growing. But the buck doesn’t stop there, there’s a lot going on in Bozeman.

Here’s a few of the stories that might interest you:
- Gallatin Field Airport expansion opens to praise, but a few miss flights
- Kohl’s bringing more than 100 jobs to Bozeman, holding job fair next week
- RightNow Technologies gets national attention, plans to expand locally
- RightNow announces quarterly earnings are higher than expected
- Bozeman to consider new Safeway grocery
- Safeway webcam tracks sntore under construction
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C-III Capital Partners to Acquire NAI Global
Jun 29th
NEW YORK, NY, June 22, 2011 — C-III Capital Partners LLC (C-III) announced today that it has entered into a definitive agreement to acquire NAI Global, the largest and premier network of independent commercial real estate firms worldwide. C-III is led by Andrew L. Farkas, who founded and was Chairman and CEO of Insignia Financial Group, Inc. (NYSE:IFS). NAI Global will continue to operate as a separate company under its current management following the acquisition.
NAI manages a network of commercial real estate firms comprising 5,000 professionals and 350 offices in the US and 55 countries throughout the world. NAI’s network members provide a full spectrum of corporate, financial, technology and project management services.
“C-III plans to use its asset base, along with strategic acquisitions such as NAI, to create a fully diversified commercial real estate services company,” said Mr. Farkas. “This is the strategy that was successful for Insignia. C-III is led by the same team that built Insignia, and with C-III’s significantly larger asset base, I believe C-III can substantially exceed Insignia’s success,” concluded Mr. Farkas. At its height, Insignia managed $12.5 billion in assets, while today C-III’s portfolio approximates $150 billion in assets. Insignia was one of the largest commercial real estate services companies in the world when it merged with CB Richard Ellis in 2003.
C-III commenced operations with the purchase of Centerline Capital Group’s institutional real estate debt fund management and commercial mortgage loan servicing businesses in March 2010. Since that time, C-III has successfully launched mortgage origination, investment sales and title insurance businesses from scratch, and expanded its principal investment, loan origination fund management and primary and special loan servicing businesses.
“Today’s agreement represents a tremendous opportunity for NAI and our members,” said Gerald C. Finn, Chairman of NAI Global. “By teaming up with Andrew Farkas, one of the world’s leading real estate businessmen, we expect NAI will be able to significantly grow its service offerings and present new opportunities to our members.”
“We have built the world’s leading commercial real estate network, but we now believe it is time to take the enterprise to a new level and add even greater value to our members and our collective corporate and investment clients. The combination with C-III will provide a depth of resources, talent and tools from which we can draw upon to accelerate our growth,” noted Jeffrey M. Finn, President and CEO of NAI Global. “Rarely do you find partners so perfectly strategically aligned as NAI Global and C-III. This is a natural fit and extremely exciting news for the industry.”
“We are supportive of this transition and excited for opportunities that will come with our NAI affiliation,” said Robyn Erlenbush, Broker/Owner of NAI Landmark. “In Montana, NAI has offices in Bozeman, Billings and Missoula.” NAI Landmark is a full-service commercial real estate brokerage and advisory firm serving Bozeman, Big Sky and southwestern Montana. The firm specializes in office and retail leasing, commercial property sales, 1031 Exchange properties, development assistance, site selection services, business valuation and buyer representation.
The transaction is expected to close in the third quarter of 2011. Financial terms of the transaction were not disclosed.
About C-III Capital Partners
C-III Capital Partners LLC is a leading commercial real estate services company engaged in a broad range of activities, including primary and special loan servicing, loan origination, fund management and principal investment. The company’s principal place of business is located in Irving, TX, and it has additional offices in New York, NY, Greenville, SC and Nashville, TN.
C-III Asset Management LLC, a wholly-owned subsidiary of C-III Capital Partners, is a highly rated servicer (primary and special) of commercial real estate loans. Its clients include issuers of commercial mortgage-backed securities (CMBS) and collateralized debt obligations (CDOs), institutional lenders and other investors. C-III Asset Management is the primary servicer for approximately $20 billion and the named special servicer for approximately $127 billion of commercial real estate loans. C-III Asset Management is rated CPS 2- by Fitch and Above Average by Standard and Poor’s as a primary servicer, and is one of the highest rated special servicers in the industry with ratings of CSS 1- by Fitch and Strong by Standard and Poor’s.
About NAI Global
NAI Global is the premier network of independent commercial real estate firms and one of the largest commercial real estate service providers worldwide. NAI Global manages a network of 5,000 professionals and 350 offices in 55 countries throughout the world. NAI professionals work together with the global management team to help clients strategically optimize real estate assets. NAI offices around the world completed over $45 billion in transactions annually. NAI also manages over 200 million square feet of commercial space.
January 2011 Deals & Deal Makers
Feb 1st
• McKinstry is a smart building consultant firm that has received the $9 Million contract to upgrade and retrofit MSU in efforts to reduce greenhouse gas emissions. NAI Landmark represented McKinstry in the lease of office space at 1982 Stadium Drive. Read more about the MSU project at http://www.mckinstry.com/projects/173/Montana-State-University
• Jimmy John’s Gourmet Sandwiches has leased space at the Bridger Peaks Towne Center for a new locally-owned franchise facility. NAI Landmark represented the tenant and NAI Business Properties out of Billings, MT represented the landlord. Jimmy John’s can already be found in Great Falls, Helena, Missoula and Billings. For more information visit www.jimmyjohns.com


