Thompson Thrift Sells Two Fully Leased Multi-Tenant Retail Buildings in Southwest Florida

An additional multi-tenant building and a commercial pad are also available for sale

CAPE CORAL, Fla., Sept. 27, 2023 /PRNewswire/ — Thompson Thrift, a full-service nationally recognized real estate company, announced today the sale of two fully leased multi-tenant retail buildings at Cape Coral Commons in Cape Coral. An independent buyer from California purchased the buildings for an undisclosed amount.

“Cape Coral Commons sits at one of the key intersections in one of the country’s fastest growing cities,” said Ryan Menard, vice president of development for Thompson Thrift Commercial. “We are pleased to have completed a successful sale in such a high-traffic area.”

Located at the northwest corner of Del Prado Boulevard and Pine Island Road, Cape Coral Commons spans approximately 13 acres and consists of three 12,000-square-foot, multi-tenant buildings and four 1- to 2-acre outlot parcels. First Watch, Mission BBQ, Firehouse Subs, Tire Kingdom, Paragon Healthcare, Crumbl Cookies, PJ’s Coffee and Visionworks are all open. Encore Nails & Spa and Love Boat Ice Cream will be opening soon.

The remaining multi-tenant building is under construction and Thompson Thrift has commitments or leases for 75% of the shop space.  It is anticipated that tenants in that building will open during the second quarter of 2024.  Additionally, a 1.14-acre outlot parcel is available for sale or ground lease.  

The Pine Island Road corridor sits in the heart of Cape Coral and is a state highway that stretches more than 20 miles from Interstate 75 westward to Pine Island. On a daily average, more than 47,000 cars travel Pine Island Road, with a similar number of vehicles traveling along Del Prado Boulevard.

Stretching along the Gulf of Mexico immediately northwest of Fort Myers, Cape Coral has experienced explosive growth over the past five years, making notable gains in the 18-24 age group. Cape Coral is often referred to as a “Waterfront Wonderland,” because it has more miles of canals than anywhere else in the world. Additionally, residents enjoy a variety of beaches within close proximity as well as seven golf courses and more than 30 recreational parks.

The economy in Cape Coral is supported by health care, retail and real estate/construction services, with the city’s top five employers including Lee Memorial Hospital, Lee County School System, Publix Supermarkets, City of Cape Coral and Walmart.

David Hoppe with Atlantic Retail brokered the sale for Thompson Thrift.

Thompson Thrift is a full-service real estate development company focused on ground-up commercial and multifamily development across the Midwest, Southeast and Southwest. Since its founding more than 30 years ago, Thompson Thrift has invested more than $4 billion in real estate developments in 21 states. The company and its leaders are frequent recipients of distinctions and awards conferred by regional and national organizations that reflect the company’s ongoing commitment to creating environments of excellence in both the community and the workplace.

About Thompson Thrift Real Estate Company
Thompson Thrift is an integrated full-service real estate company with offices in Indianapolis and Terre Haute, Indiana; Denver; Houston and Phoenix. Three business units drive Thompson Thrift’s success—Thompson Thrift Residential which is focused on upscale Class A multifamily communities and luxury leased homes, Thompson Thrift Commercial which is focused on ground-up commercial development, and Thompson Thrift Construction, a full-service construction company. Through these business units, Thompson Thrift is engaged in all aspects of development, construction, leasing, and management of quality commercial real estate projects across the country. The company earned national recognition as a winner of a 2023 Top Workplaces USA award, the latest accolade that reflects the company’s ongoing commitment to excellence in the community and workplace. For more information, please visit www.thompsonthrift.com 

Contact:               
Jennifer Franklin
Spotlight Marketing Communications
949.427.1385
[email protected]

SOURCE Thompson Thrift

UnitX Raises $5M from SE Ventures to Elevate Manufacturing Quality with AI-powered Defect Detection

SAN JOSE, Calif., Sept. 27, 2023 /PRNewswire/ — UnitX, a robotics company building next-generation AI vision systems at the forefront of quality and yield management in manufacturing, is proud to announce a $5 million investment from SE Ventures, a Silicon Valley-based venture fund backed by global energy and automation giant Schneider Electric.

UnitX, through its software-defined vision system (“OptiX”) and its edge AI compute platform (“CorteX”), delivers unparalleled inspection and defect detection capabilities to manufacturing customers. This technology can drive step-change improvements in the detection of visual defects that often escape error-prone and overworked human inspectors or legacy machine vision systems. By partnering with UnitX, customers can significantly reduce scrap, improve yield, and maintain the highest quality standards.

“We have looked at every major startup in this category in the past two years and it is clear to us that UnitX has cracked the right product and go-to-market approach to quickly deliver significant ROI to large enterprise customers,” said Varun Jain, General Partner at SE Ventures. “Moreover, they are focused on large yet underserved market segments like electric vehicle and lithium-ion battery manufacturing that are going to see a significant capacity expansion in the near future.”

“UnitX is one of the fastest growing players in our category and our systems are running on the production lines of the world’s top manufacturers in Li battery and automotive. That said, the deep domain knowledge of the SE Ventures team coupled with the complementary offerings with Schneider Electric’s market leading automation and software solutions will enable UnitX to deliver value to manufacturers on a larger scale,” said Keven Wang, CEO & Co-Founder of UnitX.

The investment from SE Ventures will also help UnitX to expand its geographic reach and accelerate its mission to radically elevate quality, traceability, and profitability of manufacturing operations.

About SE Ventures:

SE Ventures is a €1B global venture capital fund backed by Schneider Electric. SE Ventures invests in big ideas and bold entrepreneurs who can benefit from Schneider’s deep domain expertise and global customer reach. Beyond providing capital, SE Ventures acts as a commercial accelerant for category-defining companies such as Augury, Claroty, AiDash, Aquant, AutoGrid, Poka, Scandit, Kojo, Enable and many other startups spanning climate tech, energy management, mobility, cybersecurity and industrial automation. To learn more, visit http://www.seventures.com

About UnitX:

UnitX is a robotics company pioneering next-gen AI vision systems that revolutionizes manufacturing by automating visual defect detection. Deployed across key manufacturing verticals, including lithium-ion batteries, electric vehicles, and automotive, UnitX enhances yields, reduces scrap, and elevates product quality. To learn more, visit https://www.unitxlabs.com

SOURCE UnitX

GuideWell Announces Appointment of Jeffrey Goddard as Chief Financial Officer

JACKSONVILLE, Fla., Sept. 27, 2023 /PRNewswire/ — GuideWell, a mutual insurance holding company serving more than 38 million people, announced the appointment of Jeffrey Goddard (Jeff) as Executive Vice President and Chief Financial Officer (CFO), effective Oct. 2, 2023. Goddard succeeds Thurman Justice who assumed leadership of the managed care business at GuideWell subsidiary Triple-S Management earlier this year as President Triple-S Salud and Triple-S Advantage.

“I am pleased to welcome Jeff Goddard to the GuideWell team,” said GuideWell President and CEO Pat Geraghty. “In addition to decades of health care, insurance and finance experience, he comes to us with a passion for improving people’s lives and a history of helping create business and service models that solve significant challenges and enable sustainable growth. I’m confident Jeff’s leadership and vision will accelerate our efforts to create a better health care system for the people and communities we serve and look forward to working with him to advance our strategy and achieve our long-term growth objectives.”

Goddard is a seasoned executive with over 30 years of experience and served most recently as Senior Vice President and CFO for CVS Caremark, the $160+ billion pharmacy benefit manager within CVS Health. Throughout his career, Goddard held various executive leadership roles, including interim CFO at Aetna, President, and Chief Operating Officer of Meritain Health a self-funded insurer under the Aetna umbrella. Prior to that, he was CFO for Aetna’s Commercial Businesses and Specialty Products. Earlier in his career, Goddard held various financial positions at Travelers Insurance Co. and PricewaterhouseCoopers LLP (PwC). He holds a bachelor’s in accounting from the University of Connecticut.

“I am excited to join GuideWell and have the opportunity to help further their mission to help people and communities achieve better health,” said Goddard. “Pat and the GuideWell team have cultivated a remarkable culture dedicated to partnering across the health care ecosystem to bring accessible, affordable solutions to market that improve whole person health for the people they serve. I am energized by the opportunity to contribute to create sustainable stakeholder value while enhancing people’s lives.”

Since its creation in 2011, GuideWell has grown into a $30 billion health solutions enterprise committed to shaping the future of health by growing the scope of its insurance and integrated care delivery services and curating simplified health solutions to increase access, quality, and affordability for those it serves.

About GuideWell
GuideWell comprises Florida’s Blue Cross Blue Shield plan, Florida Blue, which is the leading health insurer in Florida; Triple-S Management, Puerto Rico’s Blue Cross Blue Shield plan and a leading health care services company on the island; GuideWell Health, a portfolio of clinical delivery organizations; PopHealthCare and its value-based national medical group Emcara Health; GuideWell Source, which provides administrative services to federal health care programs; and WebTPA, a market leading administrator of self-funded employer health plans. The company holds majority or significant interests in a range of health solutions companies including Lucet, a behavioral health care company that provides technology-enabled support to payers, providers, and health plan members. Through a joint venture with Keralty, a multinational health business group with more than 40 years of global experience, GuideWell is expanding care delivery across Florida through more than 40 Sanitas direct care delivery locations.

GuideWell serves 38.5 million people across 50 states, Puerto Rico and the U.S. Virgin Islands, including more than 6 million individuals in Florida.

SOURCE GuideWell

FLIX BREWHOUSE TO OPEN SECOND ALBUQUERQUE DINE-IN CINEMA  

Company Growth Trajectory Continues  

ALBUQUERQUE, N.M., Sept. 27, 2023 /PRNewswire/ — Flix Brewhouse, the world’s only first-run dine-in cinema brewpub, announced today it will open a seven-screen luxury theater on Albuquerque’s east side in early 2024. Located at the corner of Tramway Blvd. and Indian School Rd., the 28,000 square-foot cinema will be completely overhauled to current Flix Brewhouse standards, including 100% luxury electric recliners, crystal-clear all-laser projection and Dolby immersive sound. Leased from Hinkle Income Properties, the new 720-seat Flix Brewhouse dine-in cinema brewery replaces the former Regal/UA arthouse.  

“Flix Brewhouse has become synonymous with excellence in cinema on the west side of Albuquerque, and we are excited to bring our brand of experiential cinema, award-winning craft beer, and delicious food to the east side right next to the Hinkle Fun Center,” said Allan Reagan, Flix founder.   

“We’re thrilled to bring a world-class concept like Flix Brewhouse to our High Ridge Center,” said Bryan Hinkle, principal of the family-owned Albuquerque developer. “Flix is consistently voted Albuquerque’s best movie theater, and when we had the opportunity to retenant the theater, getting Flix to come to the east side was our top choice. It’s a superb complement to our Fun Center next door, and will create a destination location for quality entertainment in the Northeast Heights.” Hinkle said. 

“As a native New Mexican, I could not be more excited to bring our eleventh Flix Brewhouse to the east side of Albuquerque,” said Flix CEO Chance Robertson. “We love the Land of Enchantment, and cannot wait to showcase the best of Hollywood, our Fan, Fam, and BeerFest offerings, and best-in-class digital technology and hospitality.”   

In addition to state-of-the-industry projection, sound and luxury recliner seating, the Albuquerque East Flix Brewhouse will feature proprietary “Easy Glider 2” sliding and pivoting tabletops from which moviegoers will enjoy unobtrusive, in-theater service from a complete cooked-to-order menu. Flix plans to offer a broad selection of drinks including signature cocktails and craft beers brewed on premises, which guests can enjoy with or without a movie.   

Flix Brewhouse prides itself on crafting memorable moviegoing. In addition to showing the latest Hollywood blockbusters, the cinema brewery celebrates throwback favorites through one-of-a-kind experiences including fan events, family movie parties, and all-inclusive beer dinners showcasing their award-winning brews. FanFests are highly popular interactive events where guests enjoy a special themed menu, in-theater contests, and movie-themed merchandise giveaways. Even the youngest of guests are catered to by the Flix Junior series, featuring coloring activities, increased lighting, and reduced volume levels for sensitive ears.   

About Flix Brewhouse  

Flix Brewhouse was founded in Round Rock, Texas in 2011 and is the world’s only first-run cinema brewery. Flix combines the latest Hollywood productions, award-winning, brewed on-premises craft beer and delicious food – all served “in theater,” to guests in their luxury dining recliners. The genesis of the Flix concept stems directly from consumer demand for a better, more value-oriented way to watch a movie. Designed from the inside out to deliver a premium viewing and dining experience at an affordable price, Flix Brewhouse addresses the primary concern of moviegoers everywhere – the rising cost of admissions and concessions and the typically poor value realized at the conventional multiplex. The company has nine successful operating locations in six states and plans to open its 10th location in suburban Fort Worth, Texas in September.  http://flixbrewhouse.com 

About Hinkle Income Properties 

Founded by the late Gene Hinkle in 1958, Hinkle Income Properties has developed, owned, managed, and sold quality commercial and residential real estate properties throughout the Albuquerque Metropolitan Area for 65 years.   Hinkle Income Properties is a third generation family owned and operated business. “We operate under the mantra of ‘A Tradition of Excellence,'” said Bryan Hinkle.  

For More Information Contact:  

Summer Hasan, Director of Marketing & Brand 
[email protected]    Tel: 512-643-4673  

For Hinkle Income Properties Leasing Inquities:

Bryan Hinkle, Hinkle Income Properties
[email protected], Tel: 505-292-6094 

SOURCE Flix Brewhouse

HiredScore Selected for the Exclusive Workday AI Marketplace to Bring Safe, Compliant & Ethical AI to Customers

The acceleration of your AI-enabled HR transformation journey starts now.

NEW YORK, Sept. 27, 2023 /PRNewswire/ — Today, Workday announced a first of its kind AI marketplace featuring a curated group of trusted AI applications from select Workday partners – including HiredScore.

HiredScore brings over a decade of building and deploying ethical and trustworthy AI to the largest, most complex organizations in the world, and the addition to the Workday AI Marketplace facilitates the ability for Workday customers to more readily realize impact and value from HiredScore.

The Workday AI Marketplace is a curated online marketplace of proven, trustworthy, responsible AI and ML apps within the Workday ecosystem. It brings together the best of Workday AI and solutions from third-party partners, like HiredScore, together in one place. It is now easier than ever for companies to find trustworthy AI solutions that have been thoroughly vetted to meet Workday’s AI standards and values, while also complementing the Workday platform to deliver greater value to the customer.

“HiredScore being part of Workday’s AI Marketplace validates our relentless commitment to providing best-in-class ethical and trustworthy AI. Our AI can now more efficiently and effectively deliver iconic outcomes and unprecedented value for our customers and their employees. We are excited to help lead this new era of AI-enabled HR transformation.” – Athena Karp, Founder & CEO – HiredScore 

“We are incredibly excited to introduce the Workday AI Marketplace as a centralized place where Workday customers can find cutting edge AI and ML apps that they know they can trust,” said Sayan Chakraborty, co-President, Workday. “Our early adopter partners are building some of the most innovative solutions on the market today – and they’re doing it in a way that is aligned with Workday’s Responsible AI principles. Together with these partners, and many more partners to come, we’re making it easy for our joint customers to future-proof their businesses.”

More information on HiredScore’s AI solutions for Workday can be found on the Workday AI marketplace. Schedule your demo now

About HiredScore

HiredScore is the leading provider of Talent Orchestration technology. HiredScore’s artificial intelligence, automation, and deep integrations empower the largest and most innovative companies in the world to safely and transparently drive critical business outcomes in recruitment productivity, diversity hiring, internal mobility, and total talent management. HiredScore’s proprietary technology provides compliant-by-design AI that seamlessly connects to data and systems to power the shift to proactive and fair HR decisions. HiredScore is live in 150 countries and available in 70 languages. Learn more at HiredScore.com.

SOURCE HiredScore

Global Autopilot Systems Market Soars to $4.4 Billion in 2022, Poised to Reach $6.0 Billion by 2028 with a 4.9% CAGR

DUBLIN, Sept. 27, 2023 /PRNewswire/ — The “Autopilot Systems Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” report has been added to  ResearchAndMarkets.com’s offering.

The global autopilot systems market reached a size of US$ 4.4 billion in 2022 and is expected to grow to US$ 6.0 billion by 2028, with a compound annual growth rate (CAGR) of 4.9% during the forecast period from 2023 to 2028.

Autopilot systems are electrical, mechanical, or hydraulic systems designed for use in aerial, marine, and unmanned aerial vehicles (UAVs) to operate without human intervention. These systems consist of computer systems, actuators, global positioning service (GPS), flight director control, and avionic systems.

They are used to reduce the workload of pilots during long journeys and improve vessel performance by intercepting the course, checking for route deviations, controlling the steering, and maintaining the assigned altitude. Autopilot systems have applications across various industries, including automotive, agriculture, commercial aviation, military, and aerospace.

Market Growth Drivers

Several factors are driving the growth of the autopilot systems market:

  1. Expanding Aerospace and Defense Industries: The growth of the aerospace and defense sectors is a significant driver of the market. Autopilot systems enhance situational awareness, navigational accuracy, and operational efficiency in these industries.
  2. Increased Air and Water Transportation: Rising air travel and water transportation activities, particularly in emerging economies, are boosting the demand for autopilot systems. These systems improve navigational accuracy and fuel efficiency.
  3. Adoption in UAVs and Drones: Autopilot systems are widely adopted in UAVs and drones, where they manage various systems and control algorithms. They are used for route monitoring, waypoint tracking, and capturing high-definition aerial photos and videos.
  4. Technological Advancements: Ongoing technological advancements in autopilot systems contribute to their adoption across industries. These advancements improve the performance and capabilities of these systems.
  5. Automation Needs: The growing need for automation in various industries is driving the adoption of autopilot systems. These systems can operate autonomously, reducing the need for human intervention.
  6. Research and Development (R&D) Activities: Extensive R&D activities are focused on enhancing autopilot system capabilities and expanding their applications.

Market Segmentation

The market is segmented based on various factors:

  • Product Type: Rotary Wing Aircraft and Fixed Wing Aircraft.
  • Component: GPS (Global Positioning System), Gyroscope, Software, and Actuators.
  • Platform: Airborne Platform, Land-Based, Sea, and Subsea.
  • System: Attitude and Heading Reference System, Flight Director System, Flight Control System, Avionics System, and Others.
  • Application: Commercial, Civil, and Military.
  • Region: North America, Asia Pacific, Europe, Latin America, Middle East, and Africa.

Key Players

Key players in the global autopilot systems market include Bae Systems PLC, Cloud Cap Technology Inc., Furuno Electric Co. Ltd., Garmin International Inc., Genesys Aerosystems Group Inc., Honeywell International Inc., Lockheed Martin Corporation, Micropilot Inc., Rockwell Collins Inc., Trimble Inc., and others.

Key Questions Answered

The report answers various key questions, including:

  • How has the global autopilot systems market performed so far and what is its growth outlook?
  • What are the key regional markets for autopilot systems?
  • What is the impact of COVID-19 on the market?
  • What are the key product types, components, platforms, systems, and applications in the market?
  • What are the driving factors and challenges in the industry?
  • Who are the major players in the market, and what is the degree of competition?

For more information about this report visit https://www.researchandmarkets.com/r/g8lduw

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SOURCE Research and Markets