Greetings!
The weather has been heating up lately and so has our development and operations activity! We've celebrated multiple groundbreakings and we are getting close to kicking off many other projects including an industrial facility, a medical office building, multifamily residential developments, and hotels. From an operations standpoint, the buildings we own and manage are at or near occupancy and we're doing our best to keep our tenants and owners happy. Continue reading below for details on all our latest news and events.
Remember, we are always happy to get feedback on our newsletter, so feel free to reach out to a Holladay team member you know or simply reply to this email with your comments and questions.
Thank you and enjoy!
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Development News
New Projects:
- Tru by Hilton - Manassas - Holladay Properties joined officials from the City of Manassas and the Virginia Tourism Corporation on Monday, July 8 for a groundbreaking ceremony for the Tru by Hilton Hotel Manassas. Continue reading...
- The Illiana - Holladay Properties hosted a groundbreaking ceremony for The Illiana, a 41,000 square foot mixed-use development on Monday, July 8. The ceremony was held at St. John the Baptist Catholic Church, across the street from the project site in Whiting, IN. Continue reading...
Coming Soon:
- 80/90 Distribution Center - Plans are ramping up for the 80/90 Distribution Center, a spec industrial building in South Bend, IN. The planned 225,000 square foot distribution center has been awarded tax abatement by the South Bend Common Council and is expected to break ground in August. Continue reading...
Project Complete:
- WoodSpring Suites Addison - Holladay Properties has completed development of its sixth WoodSpring Suites extended-stay hotel product. The brand new, four-story WoodSpring Suites Chicago Addison is located at 991 Lake Street in Addison, IL. The 122-room hotel has just opened and is now accepting online reservations.
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Management & Operations News
Events:
- On June 20, Holladay Properties Nashville hosted the 2019 Appreciation Celebration. The event recognizes vendors, service providers and others who represent Holladay on job sites, at managed facilities and in tenants' suites. Continue reading...
- The Burlington Station Property Management and Development teams recently celebrated the project with an Open House and Ribbon Cutting. Holladay associates were joined by representatives of the Village of Downers Grove and residents of the 89-unit luxury apartment community at 4 PM on July 18 for the special event. Continue reading...
Land Sale:
- Holladay Properties has closed on the sale of Lot 40 at AmeriPlex-Indianapolis. The 17.12-acre site is located at 5225 Exploration Drive, within the 80-acre Purdue Research Park of Indianapolis. Continue reading...
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Employee News
New Hires:
- Holladay Properties is pleased to announce that Vincent Barbaro has joined the South Bend office IT Department as System Administrator.
- Holladay Properties' Nashville would like to welcome the following people to the team:
- Eric Guess - Controller-Healthcare (Nashville, TN)
- Dexter Coleman - Building Maintenance Engineer (Nashville, TN)
- Chris Citchens - Accounting Manager (Nashville, TN)
- Louis Olivera - Building Maintenance Technician (Miami, FL)
Staff Shout Out:
- David Holt is the Senior VP of Development and Community Affairs working from Holladay's Indianapolis, IN office. David has been with Holladay for over a year, and recently became a board member of the Indiana Restaurant and Lodging Association. Learn more about David in the newest edition of our "Getting to Know Them" blog series. Continue reading...
Now Hiring:
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Holladay in the Community
- (South Bend, IN) - On a beautiful Saturday morning with temperatures in the low 80s, 14 members and extended members of the Holladay family gathered in the parking lot at 227 S. Main street before heading to the Sunburst starting line at Four Winds Field, the largest group we've ever had. Sunburst is a community event that Holladay has participated in for the last five years. Sponsored by Beacon Health System and KeyBank, runners/walkers can participate in a half marathon, a 10K run, a 5K run and a 5K fitness walk. The races are certified by the United States of America Track and Field governing body on all courses and all proceeds go to the Beacon Children’s Hospital. Continue reading...
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Holladay Health Corner
The subject of mental health has been an increasingly hot topic lately and is a key component of your overall health and well-being. At Holladay, Health is a core value and we strive to support the physical, financial and professional health and well-being of our team and those we serve. In that vein, we're bringing you today a simple list of 6 tips that can help you take control of improving and maintaining your mental health.
- Keep a positivity journal. There is scientific evidence that journaling provides many health benefits, including strengthening immune cells and easing asthma and rheumatoid arthritis symptoms, and even writing down negative experiences can help you get past them. Starting the day by writing down positive experiences will help you begin each day in a positive frame of mind, and when you're feeling down or overwhelmed, you can go back through your journal and remember all the good things you've done!
- Drink a cup of coffee (or tea). Coffee has long been considered the staple of starting the day, but did you know that there are health benefits of caffeine that support this trend? Caffeine has been linked to lower rates of depression and decreased risks of degenerative brain disease and diabetes, as well as improved heart health.
- Be creative. Engaging in creative activities like painting, writing or cooking can improve your overall health, including brain function and mental and physical health. The health benefits of creativity are numerous, such as releasing dopamine, which increases happiness, reducing symptoms of depression and dementia, easing anxiety and stress, boosting your immune system, and improving cognitive function.
- Laugh out loud. Laughter really is the best medicine and there are some powerful benefits of humor. Laughter helps you relax, gives your immune system a boost, releases endorphins that make you feel better, strengthens relationships, and even provides temporary pain relief. The best part is that even after you stop laughing, all those positive feelings stay with you and can help you keep a positive attitude through tough situations.
- Dance like no one is watching. Not only is dancing a fun way to keep physically fit, it can also improve your mental health. Dancing has been linked to improved cognitive function as well as decreased risks of disability and dementia. Dancing also decreases stress levels and releases endorphins.
- Go outside. Not only does regular exposure to sunlight augment your vitamin D levels, which is linked to mood elevation, studies show that spending time in nature has many additional health benefits. These benefits include lowering the risk of heart disease, type II diabetes, and high blood pressure. Since exposure to nature also reduces stress levels, get outside and take a walk, ride a bike, or just sit on a park bench and soak in the benefits of nature.
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Holladay Properties is a full-scale land development, design/build and fully-integrated commercial real estate company, as well as one of the largest property management firms in the country. With more than 230 employees in a range of specialties working from about 30 offices throughout the U.S., we have the knowledge and experience to complete any type of project for any kind of client.
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