Category :

Marketplace at Craig Ranch Announces Walmart Neighborhood Market as Anchor

Posted on: October 5, 2015 by Auxo Innovations

Walmart Neighborhood Market Anchor

(Dallas, Texas) August 18, 2015 – Encore Retail, LLC, a subsidiary of Dallas-based Encore Enterprises, Inc., has announced that the anchor of their latest development, Marketplace at Craig Ranch, will be Walmart Neighborhood Market. The 20-acre Class A neighborhood retail center will offer grocery, medical services, and retail to residents of the master planned community of Craig Ranch. The development is be located at the city limit lines of McKinney and Frisco, Texas, at the northeast intersection of Custer and Stacy Roads.

“We are excited about the growth and progress of our project in the growing community of Craig Ranch,” said Nicholas Barber, President of Encore Retail. “There are several home builders that are underway building more than 1,434 additional homes and 3,000 apartment units to meet residential growth demands in the area. Marketplace at Craig Ranch is situated in this growing area and will serve as a cornerstone for the community.”

The city of McKinney has been ranked as the number one best place to live in America and has placed in the top five for the past five years, according to Money Magazine. The city has also been named one of the top ten places to move to by Forbes magazine.

“It gives us great pleasure to be working on an other project with such an internationally renowned retailer,” said Bharat Sangani, Chairman of Encore Enterprises. “The Walmart brand operates in five continents and is known for its commitment to providing quality products at affordable prices. Brining such a quality grocery operator will provide an excellent service to the residents of Craig Ranch.”

Brandon Harris, and Tey Tiner, of CBRE/UCR have the leasing assignment for this development and represented the landlord in this transaction.

About Encore Retail, LLC
Encore Retail, LLC is a privately held commercial real estate company focused on the acquisition, ownership, development, redevelopment and management of retail shopping centers throughout the United States. For more information, contact Encore Retail, LLC or call (214) 259-7000.

About Encore Enterprises, Inc.
Encore Enterprises, Inc. is a privately owned national real estate investment company founded in 1999 with corporate headquarters in Dallas, Texas. Encore develops, acquires, and manages hotels, multi-family communities, retail shopping centers, commercial offices, and restaurants. For more information visit encore.bz or call (214) 259-7000.

Dale Doerhoff Announced as President of Encore Restaurants

Posted on: September 1, 2015 by Auxo Innovations

Dale Doerhoff Announced President of Encore Restaurants

Dallas, Texas (August 31, 2015) – Dale Doerhoff has been named President of Encore Restaurants, LLC. Mr. Doerhoff oversees all operations, development and brand assessments of the Restaurants division including the company’s current portfolio of 12 properties including 4 International House of Pancakes restaurants and 8 Five Guys Burgers and Fries restaurants. Mr. Doerhoff’s duties include assessing new brand concepts, development and overall financial and operational performance.

“Dale brings a wealth of knowledge and experience to the Restaurants team,” said Patrick Barber, President and CEO of Encore Enterprises. “His extensive expertise in multi-unit F&B operations management, and focus on business growth aligns perfectly with the vision of Encore Restaurants, and to a larger extent that of Encore Enterprises.”

As the former Vice President of Operations and Development of Studio Movie Grill, Mr. Doerhoff led a team of over 3,500 employees and was responsible for the design, development, budgets, and contract negotiations of all new stores. Under his leadership, Mr. Doerhoff’s annual revenue and theater locations grew four fold.

About Encore Enterprises, Inc. – Encore Enterprises, Inc. is a privately owned national real estate company founded in 1999 with corporate headquarters in Dallas, Texas. Encore develops, acquires, and manages hotels, multi-family communities, retail shopping centers, commercial offices, and public-private mixed use developments.

About Encore Restaurants, LLC – Encore Restaurants, LLC. develops, owns and manages specific territories of various Full Dining, Fast Casual, and Quick Serve concepts across the United States. For information regarding future development locations, contact Stacey Barber at 228-547-0293.

Encore Restaurants Opens Newest IHOP Restaurant

Posted on: August 25, 2015 by Auxo Innovations

ihop diberville featured image

Laurel, MS – (August 25, 2015) – Encore Restaurants, LLC, a subsidiary of the Dallas-based Encore Enterprises, Inc., has announced the opening of their latest project, an International House of Pancakes in Laurel, Mississippi. America’s newest IHOP will celebrate their inaugural day with a grand opening on August 24, 2014, at its location at 310 South 16th Ave Laurel, Mississippi. This is the third IHOP restaurant to be owned and managed by Encore Restaurants.

“We are proud to be bringing the very first IHOP to the Laurel area,” said Dr. Bharat Sangani, chairman of Encore Enterprises and developer of Lakeview Village shopping center in D’Iberville, Mississippi where Encore’s first IHOP is located. “The restaurant will be open from 6am to 12am seven days a week, so it will provide residents of Laurel a new dining option that is open for breakfast, lunch, and dinner.”

The restaurant features breakfast favorites such as large varieties of pancakes and omelets, as well as a wide selection of popular lunch and dinner items. The restaurant is famed for offering an affordable, everyday dining experience with warm and friendly service.

“The IHOP brand has continued to grow rapidly both nationally and overseas” said Dale Doerhoff President of Encore Restaurants. “We look forward to growing the portfolio of IHOP restaurants as we continue to expand into the Brookhaven, MS market later this month.

About Encore Enterprises, Inc. – Encore Enterprises, Inc. is a privately owned national real estate company founded in 1999 with corporate headquarters in Dallas, Texas. Encore develops, acquires, and manages hotels, multi-family communities, retail shopping centers, commercial offices, and public-private mixed use developments. For more information about Encore Enterprises, Inc., visit encore.bz, or call (214) 259-7000.

About IHOP – For over 55 years, International House of Pancakes, LLC has been a leader and expert in all things breakfast and a leader in family dining. IHOP restaurants offer guests an affordable, everyday dining experience with warm and friendly service. IHOP restaurants are franchised and operated by Glendale, Calif.-based International House of Pancakes, LLC and its affiliates. International House of Pancakes, LLC is a wholly-owned subsidiary of DineEquity, Inc. (NYSE: DIN). For more information or to find an IHOP restaurant near you, please visit www.IHOP.com.

New York, Florida, Texas,
Commercial Restaurant Investments, Restaurant Investment Opportunities

Encore Retail, LLC Closes on Bedford Development

Posted on: August 20, 2015 by Auxo Innovations

Commercial Real Estate Opportunities

Mixed-Use Class A Development in the Heart of New Hampshire’s Retail and Business Hub

(Dallas, Texas) August 17, 2015 – Encore Retail, LLC, a subsidiary of Dallas-based Encore Enterprises, Inc., has acquired land to develop a 16+ acre high-density Class A mixed-use development in the affluent Town of Bedford, New Hampshire. The development will consist of fashion, recreation, fitness, dining and office space conveniently located on South River Road, in the heart of New Hampshire’s retail and business hub. The new Whole Foods is currently under construction contiguous to this site, and is scheduled to open in the spring of 2016.

“The property is strategically positioned along South River Road at the high-traffic intersection of Route 101 and Everett Turnpike,” said Nicholas Barber, President of Encore Retail. “Its close proximity and direct access to Whole Foods will really create a regional destination for area residents.”

The development is planned to be in excess of 200,000 square feet. The development is already experiencing strong interest from regional and national retailers.

Commercial Real Estate Opportunities

“This project is part of our continued strategy of deploying funds from our newly raised acquisition fund. We have a large interest in continuing to find other attractive commercial real estate opportunities in New England,” said Bharat Sangani, Chairman of Encore Enterprises.

Prellwitz Chilinski Associates (PCA), known for their upscale, mixed-use design with a signature creation of memorable retail and public space destinations, has been selected as the architect for the project. Theodore Chryssicas, of Newmark Grubb Knight Frank brokered the deal, and will handle retail leasing. Robert Rohrer, of Colliers International will handle office leasing. Construction on the project is expected to commence as early as the 4thQuarter of 2016.

“We firmly believe that the redevelopment of this property will improve the economic development, investment and revitalization rate, and public welfare for the South River Road area, as well as for the community at large.” said Rick Sawyer, Acting Town Manager and Planning Director of the Town of Bedford.”

About Encore Retail, LLC  
Encore Retail, LLC is a privately held commercial real estate company focused on the acquisition, ownership, development, redevelopment and management of retail shopping centers throughout the United States. For more information on Commercial Real Estate Opportunities contact Encore Retail, LLC., or call (214) 259-7000.

New York, Florida, California,
Commercial Real Estate, Retail Investment Opportunities

Encore Multi-Family, LLC Closes on New Apartment Community Encore Evans Station

Posted on: August 20, 2015 by Auxo Innovations

New York Commercial Investments Opportunities

(Denver, Colorado) August 17, 2015 – Encore Multi-Family, LLC, a subsidiary of the Dallas-based Encore Enterprises, Inc., closed on the 5.83 acres of land that will set the stage for the future Encore Evans Station apartment community located in Denver, CO. The apartment community will be a 3-story, Class A, high density, garden-style, multi-family development consisting of 224 units with an attached club house.

The project is located just south of Denver’s central business district in the South Broadway submarket. It is well-located, with walkable access to nearby shopping, restaurants, and nightlife. The Evans light rail station is within a half mile (7-minute walk) from the site and provides public transportation to downtown Denver and the DTC business corridor. Construction is expected to commence in early first quarter, 2016, pre-leasing during the fourth quarter, and completion in mid 2017.

“This is Encore’s second of several planned multi-family communities in the Denver metro area,” said Brad Miller, president of Encore Multi-Family. “We are naming the community Encore Evans Station due to the site’s proximity to the Evans light rail station. The lower-density urban/suburban design will differentiate the community from other high density properties in the submarket and will include many interesting amenities including the largest pet park in the sub-market.”

Denver’s effective rent growth has topped 6% in each of the last 17 quarters including 10% annual growth in the last year, ranking it 3rd among the top markets nationally. Axiometrics reports that the annual rent growth average for the US was 4.31%.

“With Denver’s booming economy, the development of a new apartment community will fit the growing needs leisure and work commuters,” explained Bharat Sangani, chairman of Encore Enterprises. “Denver’s apartment occupancy has remained over 94% since 2011. It has increased in each of the last 20 quarters and is currently at 96%.”

ARA Newmark Managing Directors Chris Cowan and Steve O’Dell represented an undisclosed seller in the transaction.

About Encore Multi-Family, LLC
Encore Multi-Family, LLC is a subsidiary of Encore Enterprises, Inc. And was founded in 2008 as a fully integrated multi-family developer, owner and operator. The company is involved in all aspects of multifamily development projects and acquisitions including ground-up developments, joint ventures and mixed-use turnkey developments. For more information about Encore Multi-Family, LLC, visit encorebz.wp.brainvire.dev, or call (214) 259-7000.

New York, California, Florida,
Commercial Real Estate ,Multi-Family Investing

Sangani Gets a Sit-Down with Warren Buffett

Posted on: August 20, 2015 by Auxo Innovations
Sangani and Buffett Sit-Down

Cardiologist Bharat Sangani, who developed the commercial area along Sangani Boulevard in D’Iberville, can cross “do dinner with Warren Buffett” off his bucket list.

Sangani talks about what it was like to have dinner with Buffett, chairman of Berkshire Hathaway and one of the world’s wealthiest people, in the latest newsletter for Encore Enterprises, the real estate development company Sangani founded.

Read More

Texas, New York, Florida, California,
Commercial Real Estate, Retail Investment Opportunities

Encore Multi-Family Announces Sale of Dallas Apartment Community

Posted on: August 20, 2015 by Auxo Innovations

Dallas Apartments Sale, Encore Multi-Family

(Dallas, Texas) July 15, 2015 – Encore Multi-Family, LLC (EMF), a division of the Dallas-based Encore Enterprises, Inc., has announced the sale of Encore 6162, one of their newest Dallas apartment communities located in the Parkland/UT Southwestern Medical District. The 288-unit urban infill property was purchased by an Atlanta-based investment group.

“This sale was an integral part of our strategy to redeploy sale proceeds into our development pipeline and fund pre-development expenditures for future projects. This is an important part of Encore’s business strategy, and will enable the company to continue working towards its operational and financial goals and towards enhancing long-term value,” said Dr. Bharat Sangani, Chairman of Encore Enterprises, Inc. “The sleek, modern architecture combined with extraordinary amenities and well-designed floor plans promoted superior operating results and maximized value for the company and our investors,” added Brad Miller, EMF’s President.

About Encore Multi-Family, LLC Encore Multi-Family, LLC is a subsidiary of Encore Enterprises, Inc. and was founded in 2008 as a fully integrated multi-family developer, owner and operator. The company is involved in all aspects of multifamily development projects and acquisitions including ground-up developments, joint ventures and mixed-use turnkey developments.

About Encore Enterprises, Inc. Encore Enterprises, Inc. is a privately owned national real estate company founded in 1999 with corporate headquarters in Dallas, Texas. Encore develops, acquires, and manages hotels, multifamily communities, retail shopping centers, commercial offices, and public-private mixed use developments. For more information, contact Encore Enterprises, Inc., or call (214) 259-7000.

New York, California, Mississippi, Texas,
Commercial Real Estate, Multi-Family Investment Opportunities

Mark Avis Announced as Senior Vice President of Corporate Affairs at Encore Enterprises

Posted on: May 19, 2015 by Auxo Innovations

Dallas, TX (May 19, 2015) – Mark Avis has been named Senior Vice President of Corporate Affairs at Encore Enterprises, Inc. Mr. Avis is a vetted real estate professional with over 25 years of experience in finance, acquisition, development, and repositioning of assets. His responsibilities include equities, transactions, development, construction, special projects and working with Encore’s Board and providing operational support to the Division Presidents.

“Mark will bring a whole extra element to Encore that will further improve our capital relationships and help insure that each decision at Encore maintains the mission and objectives of the company,” said Patrick Barber, President and CEO of Encore Enterprises. “Mark brings an abundance of real estate knowledge and experience to the organization and we look forward to his involvement as part of the Encore team.”

Prior to joining Encore, Mr. Avis successfully sourced, closed, and developed more than $750 million in transactions, in leadership roles for both public and private real estate investment firms. He specializes in asset types including land, multi-family, residential and hospitality on a nationwide basis. He is known for his creative yet straight-forward approach to dealing with complex transactions and structuring partnerships.

About Encore Enterprises, Inc.
Encore Enterprises, Inc. is a privately owned national real estate investment company founded in 1999 with corporate headquarters in Dallas, Texas. Encore develops, acquires, and manages hotels, multi-family communities, retail shopping centers, and commercial offices. For more information visit encorebz.wp.brainvire.dev, or call (214) 259-7000.

D CEO’s 2015 Commercial Real Estate Awards

Posted on: April 9, 2015 by Auxo Innovations

Fifty-one finalists in 15 categories were honored at D CEO’s third annual Commercial Real Estate Awards program. The  sold-out event attracted industry all stars and was held at the Frontiers of Flight Museum. Associates from Encore Enterprises including Pat Barber, CEO, Mark Cypert, President of Encore Office, Paul Marin, Director of Acquisitions of Encore Office, as well as Rebecca Bowman of Encore Office. Encore Office’s Tower at Frisco Square was a finalist in the New Office Development of the Year category. To read more about the event please click here. To learn more about the Tower at Frisco Square please click here.

New York, California, Texas,
Commercial Real Estate, Retail Investment Opportunities

Encore Hospitality Hotels Win Guest Satisfaction Awards

Posted on: March 12, 2015 by Auxo Innovations

2014_silverCourtyard_mobileDaphne_editedEncore Hospitality Commercial Investment

Dallas, Texas, March 12, 2015 – Encore Hospitality, LLC, a subsidiary of Dallas-based Encore Enterprises received three awards at the Marriott General Manager Meeting held in late February for its properties in Alabama and Mississippi.

Encore’s Spanish Fort Courtyard and Spanish Fort Fairfield Inn and Suites both located in Spanish Fort, Alabama received silver awards for their Guest Satisfaction scores for 2014. To achieve this prestigious honor the hotels had to rank in the top 20% of their brand with regards to the GSS Overall Satisfaction Report.

Encore’s D’Iberville Courtyard, located in D’Iberville, Mississippi received the gold award for ranking in the top 10% of all Courtyard hotels in the nation. The hotel has been highly praised across the country for its customer service, and was a recipient of the 2014 Trip Advisor Certificate of Excellence. The award celebrates hospitality excellence and is given only to establishments that consistently achieve outstanding traveler reviews on TripAdvisor.

About Encore Hospitality, LLC
Encore Hospitality, LLC is a subsidiary of Encore Enterprises, Inc., and was founded in 1999 as a fully integrated, hospitality acquisition, development and asset management company focusing on the upper mid-priced, nationally branded select-service and full-service hotel sector.

 About Encore Enterprises, Inc.
Encore Enterprises, Inc. is a privately owned national real estate investment company founded in 1999 with corporate headquarters in Dallas, Texas. Encore develops, acquires, and manages hotels, multi-family communities, retail shopping centers, and commercial offices. For more information visit encorebz.wp.brainvire.dev, or call (214) 259-7000.

New York, California, Texas,
Commercial Real Estate, Hospitality Investment Opportunities

Load More