Wednesday, August 12, 2015

Developer Jerome Karam Buying up the J.C. Penney building at Mall of Mainland

Details are scarce, but rumor has it that developer Jerome Karam plans to buy yet another vacant department store building at Mall of the Mainland — this time the space formerly occupied by J.C. Penney.

J.C. Penney closed its Texas City store in 2006 to operate a store at Baybrook Mall and later a standalone in League City.
No word yet on how Karam plans to develop the J.C. Penney site.
Karam earlier this summer acquired the former Macy’s building at the mall. Palais Royal plans to move its Mall of the Mainland store to the Macy’s building. World Gym and 11,000-square-foot Salon Cinque will join World Gym and Palais Royal.  
What are your thoughts about Karam's Texas City investments and the possibility of reviving some retail at the Mall of the Mainland site? 

Friday, August 23, 2013

Lloyd Schwed Attorney

Lloyd Schwed Florida Attorney

Lloyd Schwed, from Palm Beach Gardens, Florida, is the Founder, President and Managing Partner of the AV-rated litigation law firm, Schwed Kahle & Kress, P.A. He founded the firm almost eight years ago for the purpose of serving institutional clients and individuals through Florida. The firm currently has four offices located in Palm Beach, Orlando, Miami and Tampa.

Schwed, Kahle & Kress is privileged to have represented a wide range of respected insurance companies, corporations and individuals including Lincoln Financial Group, Wells Fargo, Zurich North America, AIG, ACE USA, The Hartford, Catlin, Hiscox, Alterra, Markel, Philadelphia Insurance Company, Northern Trust, American General Securities Inc., among others. Schwed earned his Bachelor of Arts from Loyola University in 1981 and then his Juris Doctorate from the Washington University School of Law in 1985.

Schwed is admitted to practice in the United States District Courts in the Southern, Middle and Northern Districts of Florida, and before the United States Court of Appeals for the Eleventh Circuit.

Lloyd Schwed also has many professional achievements on his record including the prestigious AV Peer

Review Rating by Martindale-Hubbell, which signifies his “very high” ethical standards, reliability and

diligence and a “very high to preeminent” legal ability, which he received in 2005. In 2011, he received

the AV Preeminent Rating representing the Highest Possible Rating in Both Legal Ability and Ethical

Standards. This reflects the confidential opinion of members of the Judiciary and the Bar. In 2012, he

was honorably selected as a 2012 Top Related Lawyer in the country by Martindale-Hubbell and was

featured in The American Lawyer magazine.

Mr. Schwed has written various books and articles and has published in the Journal of the National

Association of Criminal Defense Lawyers. He has also served as a speaker and conducted many seminars

in the state of Florida.

Wednesday, February 13, 2013

Jerome Karam Attorney Latest News

Latest news and press release about the newest building project: Jerome Karam and Dr. Alfred Mansour, announce the development of a new residential condominium development and adjacent retail center in the city of Alexandria. The project will open to great excitement of Alexandria's residents and business owners. 
Karam will utilize a unique blend of Louisianan-style architectural design. The development will boast professionally landscaped gardens surrounding a radiant pond. 

Wednesday, January 23, 2013

Jerome Karam Friendswood Texas

Jerome Karam is an attorney located in Friendswood, Texas.

Here at the Law Office of Jerome Karam we are dedicated to improving our community. Our primary focus is to help redevelop buildings and properties to make them modern usable spaces for a wide array of businesses. We specialize in shopping centers, mid-rise office buildings and condominiums; renovating, leasing, and eventually selling the new profitable space.

An example property can be seen here: 

Friendswood Shopping Center (115 W. Parkwood, Friendswood)

Entity: Clover Gate, Inc.
37,483 Square Foot Retail Building – Renovated HEB Grocery into Retail Suites
Acquired: April 5, 2002
Sold: December 7, 2004

Tuesday, December 25, 2012

Happy Holidays

on December 25th we are thankful and happy to be able to share the holidays with our family and friends. From the law offices of Jerome Karam we wish everybody from around the world a happy holiday.

Wednesday, December 12, 2012

Friendswood Texas

The Friendswood, Texas area is located in the lone star state of Texas and is part of the metropolitan statistical data area known as Houston-Sugarland-Baytown. The city lies in two different  counties. The first being Galveston to the east and Harris county.

As of 2010 the census has measured that the overall population of the city to be 35,805 from around 29,000 residents just 10 years before that. To make the town even better back in 2007 and just 5 years ago a CNN news article came out rating the area as one of the most desirable and best places to live in the United States of America.

Wednesday, November 28, 2012

Jerome Karam – Real Estate Ventures

Those living in the Galveston area have probably noticed some changes over the past
decade. Old, undesirable storefronts were replaced with modern retail centers, condos
were built and historical buildings re-imagined. But what they may not realize is that one
man, Jerome Karam of Friendswood, Texas, is solely responsible for breathing new life
into the historic, yet aging, city.

An esteemed Personal Injury and Business Litigation lawyer by day, Karam has built
quite a reputation for recognizing underutilized properties and either restoring them or
changing their purpose entirely. For instance, in 2005 he acquired an outdated lumber
yard and transformed it into a 39,000 square foot retail shopping center. Featuring stores
like Ace Hardware, the front, which was completed in 2009, has gone onto become one
of the most profitable areas of business in Friendswood.

Understanding the value of properties like few others, Karam recognized the need
for luxury condos in the Galveston area. In 2006, he acquired the dilapidated Moody
Plaza. Plans are already in place to convert it into an 80,000 square foot multi family
condominium and 8,000 square foot retail front. Moody Plaza will soon be viewed by the
community as one of the most prestigious places to live in all of Galveston.

Jerome Karam Attorney has recently expanded his real estate ventures into the city of Alexandria, LA. He
acts as the co-owner of Plaza 28. Formerly a CenturyTel, and located nearby a WalMart,
Plaza 28 will house multiple businesses in the main 43,000 square foot building, four to
five additional businesses in nearby pad sites, and 36 luxury condominiums. The state of
Louisiana has thrown their full support behind Plaza 28, as exhibited by a special ribbon
cutting ceremony thrown by the Central Louisiana Chamber of Commerce.

Thanks to Jerome Karam, once fledgling centers of commerce are teeming with life. In
addition, old worn down buildings have been converted into luxury living areas. As a
result, the economy of Galveston is booming.

Jerome Karam’s real estate ventures prove once again just how committed he is to
improving the quality of his surrounding communities.