Encore Hospitality, LLC Purchases Embassy Suites Indianapolis North

Posted on: February 13, 2018 by encorebz

(Indianapolis, Indiana) February 13, 2018 – Encore Hospitality, LLC is pleased to announce that it has recently purchased Embassy Suites Indianapolis North. The 221-suite hotel originally opened in 1985 and underwent extensive renovations from 2016 through the spring of 2017, encompassing the atrium, lobby, business center, guest rooms, and meeting space.

“We are excited to add this Embassy Suites to our expanding portfolio of hotels,” said Dr. Bharat Sangani, Chairman of Encore Enterprises, Inc. “We feel very confident in its ability to perform, particularly as it is the only full-service service hotel in the Fortune Park Executive Center.”

Located less than 12 miles from both downtown Indianapolis and the Indianapolis Motor Speedway, the Embassy Suites is favorably situated in the Fortune Park business district, home to nearly 1.7 million square feet of office space. The hotel is also within three miles of St. Vincent Indianapolis Hospital, the flagship facility for Indianapolis’ largest private employer with 909 beds.

“With its recent $7 million upgrades, there is no room for doubt that the Embassy Suites is the preeminent hotel in this region,” stated Glenn Pedersen, President of Encore Hospitality.

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. For more information about Encore Hospitality, LLC, visit encorebz.wp.brainvire.dev, or call (214) 259-7000.

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 encorebz.wp.brainvire.dev, or call (214) 259-7000.

North Dallas Office to Undergo a $9M Upgrade

Posted on: January 30, 2018 by encorebz

DALLAS — GuideStone Financial Resources has owned its headquarters at 2401 Cedar Springs in Dallas since 1989. It is relocating those headquarters late this summer to Pinnacle Tower, located at 5005 LBJ Freeway in North Dallas near the Galleria.

$55 Million Panther Island Community Taking Shape in Fort Worth

Posted on: January 22, 2018 by encorebz

For years, it seemed as if the Panther Island project was going nowhere.

While land was being purchased and buildings demolished to make way for the $910 million flood control and economic development project, sometimes it was hard to imagine if it would ever be built — much less what it might look like. That won’t be a problem in 2018.

Local Restaurants Lead the Way

Posted on: December 15, 2017 by encorebz

(Plano, TX) November 29, 2017 – As Starwood Retail Partners continues to transform its shopping centers into community gathering and entertainment cores, one key has been a focus on dining, particularly locally based eateries. To that end a number of properties have seen an influx of fine and quick-service dining, much of it from area entrepreneurs and chefs.

The Shops at Willow Bend in Plano, Texas, will feature a Restaurant District dominated by up to seven chef-driven dining experiences as part of its $125 million redevelopment. Already announced are Knife, a steakhouse by celebrity chef John Tesar, Mexican Bar Company, Terra Mediterranean and Whistle Britches.

“This is the time to reach out to restaurants to differentiate our projects, and really make them appeal to and reflect our centers’ communities,” said Michael Powers, Senior Vice President of Leasing. “We are committed to finding the best use for each property, and going local for dining really helps our projects stand out.”

The focus is not just limited to major markets such as North Central Dallas; Rimrock Mall in Billings, Montana, recently opened local dining favorites Snackery’s and Burgers & Such, as well as Krispy Kreme. Moctezuma’s Mexican Restaurant & Tequila Bar has become a mainstay at Kitsap Mall in Silverdale, Washington, since its December 2016 debut. Cheesecake Dreamations from entrepreneur Melissa Yeater has been serving her bite-sized sweet treats at Northridge Mall in Salinas, California. Blue Back Square in West Hartford, Connecticut, saw the relocation of The Green Teahouse while opening The Cook and The Bear, the first restaurant collaboration between local James Beard award-nominee Tyler Anderson of Millwright’s, and pit-barbeque master Jamie McDonald of Bear’s Smokehouse.

About Encore Commercial LLC
Encore Commercial, LLC focuses on the acquisition, ownership, redevelopment and asset management of retail shopping centers, single tenant retailers, and class “A” commercial office buildings across the United States.

About The Shops at Willow Bend
The Shops at Willow Bend is located at 6121 W. Park Blvd in Plano, Texas; hours are Monday – Saturday: 10 a.m. – 9 p.m., Sunday: 12 p.m. – 6 p.m. Restaurants and department store hours may vary. Visit us online, like us on Facebook, and follow us on Twitter and Instagram.

About Starwood Retail Partners
Starwood Retail Partners is not your father’s – or grandfather’s – landlord. We’re acquiring, redeveloping, managing, leasing, and operating the next generation of shopping centers for a new generation of shoppers: active, exciting community cores for an increasingly interconnected consumer.

Owned by Starwood Capital Group, we have grown our portfolio to 30 centers in 16 states across the United States since our founding in 2012, working with top-tier investment firms to help finance our properties, and employing the talents and skills of the most creative professionals in the business to maximize their value. We build solid relationships and partner with our retailers, and invest in innovative technologies that help our properties become more productive, our stores more exciting, and our shoppers more engaged.

We understand that ultimately, as an owner, as an employer, and as a citizen of our communities, it’s not about property: it’s about people.

Marriott Hotel Upgrades Complete – Announcing Open House and Networking Event

Posted on: November 29, 2017 by encorebz

(Spanish Fort, AL) November 1, 2017 – Discover a blend of savvy style and functionality at the award-winning Courtyard Marriott Mobile Daphne/Eastern Shore and the Fairfield Inn & Suites Marriott Mobile Daphne/Eastern Shore hotels. Both hotels, owned by Encore Hospitality, LLC, have recently undergone some significant upgrades which encompassed all guest rooms and suites, lobby spaces, and fitness centers, as well as the meeting space and the Bistro.

At both the Courtyard and Fairfield Inn hotels, newly updated guest rooms feature an upgraded electronic key lock system, comfortable bedding, free high-speed wired and wireless internet access, in-room coffee service, premium bathroom amenities, a mini refrigerator, LCD televisions, alarm clock radios with pre-programmed music stations, numerous conveniently-placed outlets, and a comfortable seating area. In addition, both hotels have upgraded to an innovative in-room entertainment platform for guest room televisions which includes access to popular internet-based options including Netflix, YouTube, Hulu, Crackle, and Pandora. Courtyard Marriott’s newly enhanced lobby space features many flexible conversation seating areas for working or relaxing with cozy touches like a library, soft lighting, and a home theater area, while the Fairfield welcomes weekday travelers with freshly baked Otis Spunk Meyer cookies and an inviting lobby complete with comfy seating and a fireplace.

“We are confident that these upgrades will enhance our customers’ experience, whether they are staying with Marriott for business or pleasure,” stated Glenn Pedersen, President of Encore Hospitality.

To commemorate the occasion, Courtyard Marriott is inviting the local business community to see hotel renovations first hand at an open house on December 7, 2017 from 5p.m. – 7p.m. Guests will enjoy appetizers, beer and wine, networking, hotel tours, and a chance to win exciting prizes, such as a free stay at other Encore Hospitality hotels, including the Q&C Autograph hotel in New Orleans, Doubletree Suites near the new Atlanta Braves Stadium, Courtyard Marriott in Biloxi, and Courtyard Marriott in Spanish Fort. RSVP’s are not required but are requested and can be e-mailed to Shannon.Collins@Marriott.com.

About Marriott International, Inc. – Marriot International, Inc. was founded in 1927 and is a leading global lodging company with more than 6,000 properties in 122 countries and territories. Visit Marriott Mobile Daphne/Eastern Shore and Fairfield Inn & Suites Marriott Mobile Daphne/Eastern Shore online.

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. For more information, visit Encore Hospitality, LLC or call (214) 259-7000.

New Retail Development Announced in McKinney, Texas

Posted on: October 10, 2017 by encorebz

(Dallas, TX) October 10, 2017 – Encore Commercial, LLC recently announced the development of Marketplace at Craig Ranch, a new multi-tenant retail center located in McKinney, Texas. Construction on the 20-acre site is projected to be completed in late 2018 and will include over 61,000-square-feet of restaurant and retail space, plus five pad sites and one medical office building. The development is situated on the northeast corner of Stacy and Custer, within a 2,200-acre master-planned, mixed-use development of Craig Ranch. The site is will be anchored by a Walmart Neighborhood Market, anticipated to open in late 2018.

Retail A, a 10,000-square-foot building, is estimated to open in February 2018. The center will include an Avenue Nails Salon, a Fantastic Sams Hair Salon, and a Thrive Affordable Care Vet, as well as a pediatric dental office. A Freddy’s Frozen Custard and Steak Burgers, a Kwik Kar, a car wash, and a MedExpress Urgent Care clinic have also purchased pad sites along Stacy and Custer, along with a climate-controlled, luxury storage facility, intended for high-end items such as furs, fine wines, and jewelry.

“All that we have been able to accomplish with this site in the past year has been very rewarding,” said Mike Nelson, Encore’s Senior Vice President of Commercial. “We purchased this land back in 2014 when it was just an empty field with a Walgreens on the corner. Today, all the initial site work has been completed and we are moving forward with the vertical construction of the buildings.”

Known for its excellent schools, its historic downtown square, and its beautiful city parks, McKinney was named the best place to live in America in 2014 by Money Magazine, a publication by Time Inc. A city with a population over 170,000, the average household income is $132,179.

“Our hope is that by establishing this new development, we will be able to foster continued growth in this unique area,” stated Nicholas Barber, President of Encore Commercial. “We are gratified to have this opportunity to create something in a city so beloved by its locals.”

About Encore Commercial, LLC.
Encore Commercial, LLC is a subsidiary of Dallas-based commercial real estate firm, Encore Enterprises Inc. Encore Commercial focuses on the acquisition, ownership, redevelopment and asset management of retail shopping centers, single tenant retailers, and class “A” commercial office buildings across the United States. For more information, visit encorebz.wp.brainvire.dev/commercial.

About Encore Enterprises, Inc.
Encore Enterprises, Inc. is a national real estate company 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 about Encore Enterprises, visit encorebz.wp.brainvire.dev.

Management of Encore Properties Opened Trading this Morning on the Occasion of its TASE Bonds Listing

Posted on: September 5, 2017 by encorebz

This morning (Monday, September 4), Encore Properties management marked the TASE listing of the company’s bonds by taking part in the Opening Bell ceremony.

Encore Properties operates 23 properties in the US – Multi-Family Housing, Rental apartments and offices, Hotels and Commercial Properties.

In the last 4 years, 23 American real estate companies joined TASE and issued 38 bond series with current market cap of over 17 Billion Shekels. As a result of the raising number of American bond issuers, TASE launched last month a new index, Tel-Bond Global index, which includes shekel bonds of American companies traded on the TASE. The index consist 25 bond series with a total market cap of 14.6 billion shekels.

Encore Commercial, LLC Announces New Multi-Tenant Center in Ardmore, Oklahoma

Posted on: September 5, 2017 by encorebz

(Dallas, TX) September 5, 2017 – Encore Commercial, LLC, a subsidiary of Dallas-based commercial real estate firm, Encore Enterprises Inc., has broken ground on a multi-tenant retail center, located in Ardmore, Oklahoma. Acquired in July 2017, the site is favorably located in close proximity to Interstate 35, and is anchored by Stage, Ross, and Petco. A space of 1,860 square feet with an option for a drive-thru is currently available, lending itself to many possibilities.

“Our goal is to usher in a new development that will be beneficial to the area,” stated Bharat Sangani, Chairman of Encore Enterprises.

Owned by Encore Restaurants, LLC, another division of Encore Enterprises, a Five Guys Burgers and Fries^® restaurant will adjoin the available space, occupying 2,400 SF. This location will be Encore Restaurants’ 12^th Five Guys in the state of Oklahoma and its 42^nd location in the U.S, with other locations existing in California and Colorado.

“We project the Ardmore Five Guys will open in mid-December 2017 and will create approximately 40 to 50 new jobs in the area, something we are quite excited about.” said Dale Doerhoff, President of Encore Restaurants.

Located in south-central Oklahoma, Ardmore is considered to be a gateway city, greeting numerous vacationers and traveling businesspeople alike with its textbook small-town charm. Ardmore is a lively community of about 25,000 people and is also one of the primary centers for business and trade in the region.

“We are pleased with this new development,” said Nicholas Barber, President of Encore Commercial, LLC. “We expect that Ardmore Commons will be a valuable addition for both nearby residents and travelers passing through.”

About Encore Commercial, LLC.
Encore Commercial, LLC focuses on the acquisition, ownership, redevelopment and asset management of retail shopping centers, single tenant retailers, and Class A commercial office buildings across the United States. For more information visit encorebz.wp.brainvire.dev/commercial.

Encore Hospitality Adds Braintree Hotel to Portfolio

Posted on: July 14, 2017 by encorebz

(Braintree, MA) July 13, 2017 – Encore Hospitality, LLC, a subsidiary of Encore Enterprises, Inc., is pleased to announce it has purchased a Hampton Inn hotel in Braintree, Massachusetts. The 4-story, 103-room hotel currently operates as a Hampton Inn, but will be extensively renovated to achieve Hilton brand standards.

“We are excited to acquire this new hotel for our growing portfolio,” said Chairman of Encore Enterprises, Inc. Dr. Bharat Sangani. “By renovating the hotel, we will strengthen our relationship with the Hilton franchise and increase satisfaction for the hotel’s customers.”

Encore plans to invest around $25,000 per room to completely renovate all aspects of the hotel including guest rooms, meeting rooms, lobby, lounge, exterior of the building, landscaping, and the pool area.

Located in Braintree, MA, the Hampton Inn is positioned off of a major intersection that provides convenient access to Downtown Boston as well as Cape Cod.

“Since this property is only one of two Hilton-branded hotels in the entire tri-city of Braintree, Canton, and Quincy, we are creating a better option for customers by renovating,” said Glenn Pedersen, President of Encore Hospitality. “We look forward to investing in the renovation of the hotel so it can add to the amenities offered by Hilton’s incredibly high distribution of units that makes it such a sought-after brand.”

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, visit Encore Enterprises, Inc., or call (214) 259-7000.

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. For more information, visit Encore Hospitality, LLC, or call (214) 259-7000.

Encore Restaurants, LLC Acquires Denver Area Five Guys Restaurants

Posted on: June 26, 2017 by encorebz

Denver, Colorado (June 26, 2017) — Encore Restaurants, LLC, a subsidiary of Encore Enterprises, Inc. is pleased to announce it has purchased a portfolio of Five Guys Burgers and Fries restaurants in Denver, Colorado. The group has purchased a total of 10 existing stores as well as the development rights to the area.

“We are pleased to be expanding our portfolio into Colorado,” said Dale Doerhoff, President of Encore Restaurants. “The acquisition of the Denver portfolio is part of a larger franchise development strategy and we look forward to expanding into new markets across the country soon.”

Open every day from 11 a.m. to 10 p.m., Five Guys serves award-winning burgers, hot dogs, and fries that are fresh, never frozen, and customizable for any taste with over 250,000 burger options to be ordered. In 2012, Forbes Magazine named Five Guys the fastest-growing restaurant chain in the U.S. Five Guys and has been ZAGAT survey rated every year since 2001. The restaurant beat out two-time leader, In-N-Out Burger for the 2017 Harris Poll EquiTrend Restaurant Brand of the Year award and was also included in PEOPLE’s “100 Reasons to Love America”.

“Since opening the brand to franchising in 2003, the Five Guys brand has grown exponentially” said Bharat Sangani, Chairman of Encore Enterprises. “We hope to grow our portfolio alongside the Five Guys brand and become one of the leading Five Guys franchisees in the nation”

Encore Restaurant now holds a portfolio of 35 stores across California, Oklahoma, and Colorado and development rights to 45 additional stores, for a total portfolio of 80 stores across the three states.

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 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.

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