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Onicx Group and Aries Capital Purchase/Close on 40 Acres of Fully-Entitled Land for Planned 240,000-Square-Foot Industrial Park in DeLand, Florida

By December 23, 2022No Comments

Onicx Group, a Tampa-based private real estate firm, is pleased to announce that it and Aries Capital recently purchased and closed on 40 acres of fully-entitled land for a planned 240,000-square-foot industrial park at 2901 E. New York Ave., DeLand, FL 32724. The deal closed for $3.8 million. The purchase marks Onicx Group’s and Aries Capital’s second industrial park development in Volusia County.

In July 2022, through a joint venture, Onicx Group and Aries Capital acquired 83 acres of industrial land for $4.15 million in Edgewater, Florida, where they will develop the 1 million-square-foot Class A industrial park, Space Coast Industrial Park at Parktowne.

For the DeLand industrial park transaction, Bob Rand, CCIM, SIOR of Coldwell Banker Commercial Benchmark in Ormond Beach, Florida represented Onicx Group and Aries Capital. The seller was HY-EM USA Properties. Pilot Bank of Tampa, Florida provided financing for the purchase.

Onicx Group Director of Development Scott Claiborne led the site identification and development approval process in the transaction. Aries Capital’s Chairman & CEO Neil Freeman, Director of Acquisitions Matt Carney and Director of Capital Markets Brandon Perdeck spearheaded the land acquisition and continue to leverage their industrial private equity practice to optimize transaction structure and financing.

Onicx Group VP of Investments Arjun Choudhary said, “We are pleased to continue to expand in the industrial park/warehouse facility market in Volusia County, to cater to the area’s underserved demand for industrial facilities. This demand is driven by the strong population and business growth in Central Florida.

“The industrial facility in DeLand will serve the needs of distribution, warehousing and logistics tenants in one of Florida’s fastest growing submarkets along the I-4 corridor,” said Aries Capital Director of Acquisitions Matt Carney.

About Onicx Group

Onicx Group (“Onicx”), headquartered in Tampa, is an established multi-asset developer with focus in healthcare, multi-family, industrial, and mixed-use commercial real estate. With a long-standing focus in healthcare real estate and an unparalleled sector knowledge, Onicx is a prominent healthcare real estate developer and a trusted real estate partner for health systems and physician practices and other healthcare providers. To learn more, visit www.Onicx.com.

About Aries Capital

Aries Capital is a diversified commercial real estate banking and investment firm headquartered in Chicago with offices in Miami and Los Angeles. Since the firm’s inception in 1991, the Aries team, led by Founder, Chairman and CEO Neil Freeman, has completed over $350mm of principal investment transactions and over $8.5bn of capital markets transactions nationally.

Aries Capital Private Equity is a principal investment division of Aries Capital focused on the acquisition, operation and development of middle-market industrial and logistics assets nationally. Our private equity group leverages the firm’s position as both capital markets bankers and principal investors to source a wide funnel of unique and proprietary deal flow and capital solutions. Aries’ institutional approach and longstanding capital markets relationships create a competitive advantage with respect to sourcing, diligence, structuring and financing of middle-market transactions. To learn more, visit www.AriesCapital.com.

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Five Things That Need to be in Your Resume or Cover Letter

To paraphrase Jerry Maguire, help us help you. As we sift through the paperwork, here’s what we are looking for:

1. What you love to do and why.

In PR, you may love writing, editing, interviewing, pitching the media, researching, coordinating events, networking, posting to social media … whew! While we would love it if you had a passion for it all, we’d never believe you if you said as much.

What part of this zany, crazy, whirlwind, yet meticulous, tedious, detail-oriented, profession calls to you and why? Help us make the connection as to how PR is really for you, and call it your Professional Summary.

2. Something you did that changed something or someone else.

If you never showed up to your last job, what wouldn’t have happened? That’s right. Erase yourself. Now which clients disappeared with you? Which articles just fade away? What press releases cease to exist? How much social media did NOT get liked?

We are just meeting you. So take a moment to spell out your impact, and it will be easier for us to see what you can do for the clients of Durée & Company. Share this under your Job Responsibilities.

3. Anything you created.

Feeling humble? Well, stop it. This is the part where you brag. If you craft a delightful blog, master a mind-blowing website, shoot crazy video or direct wonderful events, show us.

Then tell us a bit of how you did it, so we trust that it was your brilliance and not the intern’s. Let’s dub this Your Portfolio.

4. An indication of why you belong here.

At PR firm Durée & Company, we have a culture. Really, all companies do. To learn about ours, do some legwork. At this point, if you’re on our blog, you are in the right spot to begin learning. Hate pink? Not good with women? Live in Kansas? Low energy? Then you might want to reconsider applying. However, if we resemble a group that you’d like to hang out with, share why. You can do that in the Cover Letter.

5. Correctly spelled words – all of them.

Do more than hit spell check. Know how to spell or ask someone to proofread. Correctly spelled words work everywhere, all the time. Consider them the Little Black Dresses of resumes.

So consider these five tips – we’ve just given you a “cheat sheet” about what we’re watching out for. Even if our position may not be for you, feel free to use our advice for another – it may just get you the job!