Acquisitions & Development History

Urbana both develops and redevelops strategically-located commercial properties in the United States and around the world.

As a developer, Urbana seeks out strategically-located commercial sites that show great promise and evaluates their development potential with an eye toward the proper risk-reward balance.

As a redeveloper, Urbana acquires underperforming commercial real estate properties with the goal of transforming them, via a host of value-enhancing repositioning and management strategies, into investment-caliber properties.

When Urbana has completed its development or redevelopment activities and has successfully created a stable, Class A commercial property, the firm typically sells the property to institutional investors (including pension funds, REITs, and insurance companies) interested in acquiring stable, outperforming properties.

Geographically, Urbana pursues acquisition opportunities in gateway cities and other select markets throughout the United States and is increasingly active outside of the Unites States.  Targeted property types include office, retail, multi-family, hotel and mixed-use projects, while targeted investment avenues include the acquisition of fee simple real estate as well as underperforming and non-performing mortgages.

Urbana and its equity partners constantly monitor the pulse of both the real estate and capital markets and stand ready to act when suitable opportunities arise.  Regardless of the property developed or acquired, our goal remains the same:  the creation of an outperforming institutional-quality asset.

Urbana Holdings has been involved in the acquisition, development, renovation, leasing, and/or management of the following properties:

Sheraton Arlington

Arlington, Texas
Acquisition of a 311 Key Full Service Hotel

TownePlace Suites Greenville Haywood Mall

Greenville, South Carolina
Acquisition of a 95 smoke-free hotel and meeting center.

The Beach Retreat & Lodge Tahoe

South Lake Tahoe, California
Acquisition 262-key hotel.

Mansell Forest

Alpharetta, Georgia
Acquisition of a 52,676 sq ft Class A Office Building

Pelican Grand Beach Resort

Ft. Lauderdale, Florida
Acquisition of a 156-key Luxury Oceanfront Hotel.

BB&T Tower

Jacksonville, Florida
The renovation of a 270,000 sq ft office building.

Suwanee Jubilee Shopping Center

Suwanee, Georgia
Acquisition of a 73,521 sq ft shopping center.

Peachtree Pavilion

6035 Peachtree Road, Doraville, Georgia
Acquisition of a 167,488 sq ft shopping center.

Pershing Park Plaza

1420 Peachtree Street, Atlanta, Georgia
Acquisition and conversion of a 160,000 sq ft of corporately owned office building to multi-tenant use.

Pershing Park Plaza

Phase II Development Site
1420 Peachtree Street, Atlanta, Georgia
Acquisition of a future development site zoned for up to 750,000 sq ft of office, retail, hotel or multi-family use.

The Artmore Hotel

Atlanta, Georgia
Acquisition and renovation of a 1926 vintage 102-key hotel.

28601 Lorna Avenue

Warren, Michigan
Acquisition and renovation of a vacant 50,514 sq ft. office building.

Hilton Greenville

Greenville, South Carolina
Acquisition of a 256 newly renovated hotel.

Kinzie Hotel

Chicago, Illinois

 

The following properties were acquired, developed, renovated, leased and/or managed by Allan Gutierrez as principal prior to the formation of Urbana Holdings:

1365 Peachtree Street

Atlanta, Georgia
Acquisition and conversion of a 125,000 sq ft government office building into a 160-key Residence Inn by Marriott.

Park Tower

Lafayette, Louisiana
Acquisition of a 230,000 sq ft office building.

Peachtree Palisades East

Atlanta, Georgia
Acquisition and renovation of a 128,000 sq ft office building.

First Union Plaza

Boca Raton, Florida
The development of a mixed-use project that includes 110,000 sq ft of office space and 235 luxury rental apartments.

Energy Plaza

Lafayette, Louisiana
Acquisition and renovation of an 80,000 sq ft office building.

777 Post Oak Boulevard

Houston, Texas
Acquisition and renovation of a vacant 175,000 sq ft office building.