Blue Sky Services has closed Leases of former Raleigh Crabtree Tavern and Burlington Mimi’s Cafe to San Marcos Mexican Restaurant

Raleigh, NC -- (SBWIRE) -- 02/04/2015 -- Blue Sky Services Real Estate has been busy lately, representing a diverse array of Clients seeking to buy, sell or lease commercial investment real estate. According to informed sources within the company, Blue Sky Services saw a spike in commercial activity in 2014, with a total of 52 transactions closed as compared to 42 transactions in 2013. The latest of these deals is a pair of 10 Year Leases by the San Marcos Mexican Restaurant chain for the former Crabtree Tavern in Raleigh NC and the former Mimi's Cafe in Burlington NC.

Both locations are adjacent to Regional Shopping Centers, situated on corner parcels and surrounded by retail and residential buildings. The new Raleigh property is a 6,538 sq ft building proximate to the Crabtree Valley Mall (1.4 MM SF of retail space) on Glenwood Avenue/US-70. The new Burlington property is a 6,261 sq ft building on an outparcel of Alamance Crossing (125K SF of CBL retail space). Nikita Zhitov of Blue Sky Services Real Estate was fundamental in assisting this young and rapidly growing restaurant company analyze 100+ sites, finally negotiating favourable terms for these excellent locations.

Headquartered in Danville, VA, San Marcos Restaurant was founded in 2007 and currently operates 6 locations throughout Virginia and North Carolina with 2015 expansion plans including 2 locations in the Triangle and Triad markets. They offer traditional Mexican foods and desserts in an upscale environment.

A spokesperson for Blue Sky Services commented on the transaction, "San Marcos Mexican Restaurant is a young, aggressively growing company and we are very pleased to contribute to their expansion. Our longstanding affiliation enabled us to facilitate the 2013 opening of their Smithfield NC location. Since then, we have diligently sought the most prime sites that align with their future growth plan of 2-3 new locations annually throughout VA and the Carolinas."

About Blue Sky Services
Blue Sky Services has been in business since 1996, succeeding in growing their company by working with thousands of satisfied customers. The company is committed to setting the highest standards for customer service, quality and professionalism, aiming to lead the field in real estate, development, construction, remodeling and more.

For more information please visit: http://www.blueskyservices.biz/

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Luihn Food Systems (LFS) acquires 3,206 sq ft building on Prime Garner Town Square Corner Outparcel; an excellent investment purchase facilitated by Blue Sky Services Real Estate as one of over 40 transactions closed by the firm this year.

Raleigh, NC -- (SBWIRE) -- 11/14/2014 -- Blue Sky Services has closed the purchase of another freestanding Restaurant, this time in Garner NC. This 3,206 sq ft building on 0.83 acre, situated as a prime outparcel of Garner Town Square, is poised as an excellent investment along US 70 Bypass. With over 210 feet of direct visibility on US 70 Bypass, over 66,000 vehicles pass this location every day, traveling to and from major Triangle employment centers. One of the largest Taco Bell franchisees in Carolinas market – Luihn Foods purchased the building. Originally constructed as a Schlotzky's Deli restaurant in 1997, it was most recently occupied by Locked and Loaded Grill. Nikita Zhitov of Blue Sky Services Real Estate facilitated the transaction.

Headquartered in Spartanburg, South Carolina, Luihn Food Systems is a franchisee of Yum Brands and Hurricane Grill and Wings, with over 75 restaurants in the Southeast, including restaurants in NC, VA and FL. From their beginnings in 1966, to their pioneering, co-branding leadership, their success is grounded by their commitment to family, the talent of their employees and clear vision of the future.

A spokesperson for Blue Sky Services commented on the transaction: "We think it's great investment thinking by the new owners to relocate its current Taco Bell location in Garner to this site. Garner Town Square has superior National anchors and strong co-tenants who can benefit Luihn Food Systems' Taco Bell business. As a former Scholtzky's Deli, the building features two drive-thru windows. Building conversion should be straightforward and cost efficient." According to informed sources at the company, Blue Sky Services has seen a spike in commercial real estate activity since the beginning of the year, with a total of 42 transactions closed year-to-date as compared to 26 transactions at the same time last year.

About Blue Sky Services
Blue Sky Services has been in business since 1996, succeeding in growing their company by working with thousands of satisfied customers. The company is committed to setting the highest standards for customer service, quality and professionalism, aiming to lead the field in real estate, development, construction, remodeling and more. For more information please visit: http://www.blueskyservices.biz/

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Blue Sky Services has closed the 1031 exchange purchase and 20 Year Leaseback of Denny’s Restaurant in Spindale, NC.

Raleigh, NC -- (SBWIRE) -- 10/10/2014 -- Blue Sky Services Real Estate has been busy lately, representing a diverse array of Sellers and Buyers of commercial investment real estate. According to informed sources within the company, Blue Sky Services has seen a spike in commercial activity since the beginning of the year, with a total of 37 transactions closed year-to-date as compared to 24 transactions at the same time last year. The latest of these deals is the 1031 exchange purchase with a 20 year leaseback of a Denny's restaurant in Spindale, North Carolina.

Poised as an excellent investment along the US 74 Bypass, this 3,700 sq ft building on .69 acre is situated as an out-parcel in a former K-Mart shopping center. Nikita Zhitov of Blue Sky Services Real Estate facilitated the transaction, and views it as an excellent opportunity for the Investor, anticipating the full swing of the economic bounce back.

Headquartered in Spartanburg, South Carolina, Denny's was founded in 1953 and currently operates over 1,600 locations throughout the United States and overseas. They provide a stable corporate presence for the leaseback that will generate guaranteed income for the investor for a period of twenty years, in a location that is only going to get more popular as the economy recovers, thanks to its excellent location.

A spokesperson for Blue Sky Services commented on the transaction, "Although the shopping center behind the restaurant has been vacant since K-Mart left in 2007, we believe that this is still a strong investment. The market bottomed out, and it can only get better once the K-mart space is leased up. Until then, a 20-year lease from a strong national tenant such as Denny's Corporation provides the necessary security for our investors, who at the end of that lease may well see dividends on their initial outlay when economic recovery sees the location become a vibrant center of commerce."

About Blue Sky Services
Blue Sky Services has been in business since 1996, succeeding in growing their company by working with thousands of satisfied customers. The company is committed to setting the highest standards for customer service, quality and professionalism, aiming to lead the field in real estate, development, construction, remodeling and more.

For more information please visit: http://www.blueskyservices.biz/

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Blue Sky Services has signed a lease for 5,700 SF space in Creedmoor Strip Center, which will be converted and subdivided into new businesses.

Raleigh, NC -- (SBWIRE) -- 09/19/2014 -- Real Estate is often the first marker of economic changes. When the economy crashed, real estate shut down instantly. As a result, people have eagerly awaited the upswing in real estate development, which is now proceeding apace. Blue Sky Services is at the forefront of the recovery, making bold investments on new developments. Their successes have gone from strength to strength, and their latest marketing efforts of this Creedmoor Strip Center have yielded an exciting new tenant for the client's property.

Nikita Zhitov of Blue Sky Services Real Estate facilitated the leasing transaction, and Blue Sky Services Commercial Construction will complete the conversion and up-fit the space. The former daycare space will be subdivided and converted into the newest location of Snap Fitness, a modern fitness and exercise facility.

Headquartered in Chanhassen, Minnesota, Snap Fitness is a privately owned and operated health and fitness club, founded in 2003 with over 1,500 locations throughout the United States, Canada, Mexico, India, United Kingdom, New Zealand and Australia. This expansion of their services into Creedmoor marks an exciting development not just for Blue Sky but for the local area.

A spokesperson for Blue Sky Services explained, "We are uniquely positioned to handle not only acquisitions and leasing, but development and refurbishment. As such, our clients can expect a comprehensive service. We can manage everything from finance to buildings, with no part in between left out. The Snap Fitness franchise is an immensely popular one, because they provide outstanding services to their customers- a value we both share. By committing our values to helping promote theirs, both our businesses can find new levels of success, and that's an exciting prospect indeed, not least for the people of North Carolina, who will benefit from this new opportunity to get fit as never before."

About Blue Sky Services
Blue Sky Services has been in business since 1996, succeeding in growing their company by working with thousands of satisfied customers. The company is committed to setting the highest standards for customer service, quality and professionalism, aiming to lead the field in real estate, development, construction, remodeling and more. For more information please visit: http://www.blueskyservices.biz/

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Blue Sky Services has been leading the way in the mixed-use commercial and residential real estate development in key areas of Raleigh, and has just received approval to move forward.

Raleigh, NC -- (SBWIRE) -- 07/07/2014 -- Blue Sky Services has been instrumental in several developments throughout Raleigh in recent years, and has recently proposed a new project that will add another mid-rise building to Raleigh's urban streetscape. Rezoning of the parcel where Blue Sky is proposing its latest project was recently put up for approval for the creation of mixed commercial and residential development at the southeast intersection of Friendly Drive and Hillsborough Street.

After a 30 day grace period, allowing the Citizens Advisory Council (CAC) an opportunity to comment on the case, the Wade CAC voted overwhelmingly in favor of the request. After a presentation by chief planner Travis Crane, the consistency of the plan with future land use and urban form was unquestionable. After addition of some conditions regarding building design, unit mix and building materials used in construction, the Motion passed with the approval of all members in attendance (See Ordinance 313 ZC 699 for details).

This is fantastic news for Blue Sky, a Leader in Raleigh Commercial Infill Real Estate Development. Since the approval, they finalized the purchase of this property and now they can proceed with work to bring their unique vision, sustainable practices and three decades of experience to bear on this exciting new development.

A spokesperson for Blue Sky Services, Nikita Zhitov, explained, "We are pleased to proceed with the support of the local council and members of the Wade CAC who have been overwhelmingly supportive of the project. By providing an increased awareness of how our project can best serve the community it is being designed to support, Wade CAC has been an important participant in this process. Their endorsement allows us to progress full steam ahead with the development, infusing our commitment to service, quality and professionalism to this cutting edge development, thereby broadening prospects in the entire area."

About Blue Sky Services
Blue Sky Services is a developer of distinctive and diversified real estate projects in select North Carolina core markets. They create value for customers, and use sustainable practices, taking a long-term investment perspective into each project. The collective skill, creativity and experience of their associates forge unique capabilities as a company in the development, remodeling, ownership and management of distinctive real estate. For more information please visit: http://www.blueskyservices.com

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Blue Sky Service is a general contractor in Raleigh that is leading the way in the rezoning of Hillsborough Street, contracted by the developers to provide a broad range of services.

Raleigh, NC -- (SBWIRE) -- 04/11/2014 -- In 2009, Raleigh adopted a new and exciting plan for urban development that concentrated development into key areas supported by funneling road networks to prevent much criticized urban sprawl. This high-density development requires a great many construction services to create a high density mixed residential and commercial area. Leading the way in these developments is Hillsborough Street, which is streets ahead of the rest thanks to the proactive approach of the primary contractor, Blue Sky Services.

The long-neglected thoroughfare that runs along the edge of N.C. State University has already been furnished with apartments for students and the general public, and has three more residential projects at the proposition stage, to be considered by Wade Citizens Advisory Council.

The larger project involves rezoning a 2.18-acre site between Montgomery and Furches streets, just east of where Hillsborough intersects with Faircloth Street, which must balance the interests of Cedar Fork Investments with those of the existing inhabitants.

Blue Sky's new commercial development in Raleigh comprises a five-story building with ground floor retail, no parking, and housing for up to 56 students, limited to 75 feet in accordance with the neighborhood Mixed Use guidelines. Blue Sky has led the development so far because they have experience in large scale and mixed use projects, public-private partnerships, urban infill, adaptive reuse, and innovative finance, and can handle everything from new build to interior remodeling.

A spokesperson for Blue Sky explained, "The Hillsborough Street rezoning led by Blue Sky Services represents an exciting opportunity for the citizens of Raleigh to reinvigorate their city in their own way, and we want to continue pushing forward the growth of the city to put the recession firmly behind us, creating futures for students, professionals and of course, building contractors like ourselves. More information on our proposals can be found on our website, and we are confident the Wade Citizens Advisory Council will see the advantages of what we have planned, and the care we have taken to preserve and augment the region they, and we, call home."

About Blue Sky Services
Blue Sky Services is a developer of distinctive and diversified real estate projects in select North Carolina core markets. They create value for customers, and use sustainable practices, taking a long-term investment perspective into each project. The collective skill, creativity and experience of their associates forge unique capabilities as a company in the development, remodeling, ownership and management of distinctive real estate. For more information please visit: http://www.blueskyservices.com/

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm