Lake Nona area commercial development will play leading role in Central Florida’s economic recovery, says John Crossman, retail property expert

Lake Nona area commercial development will play leading role in Central Florida’s economic recovery, says John Crossman, retail property expert

ORLANDO, Fla. - Commercial development in the Lake Nona area will play a leading role in Central Florida’s economic recovery, says a prominent retail property broker who is a frequent lecturer in college and university real estate programs.

“Central Florida has long relied on its thriving tourism and services industries as our hedge against downturns in economic cycles,” said John Crossman, CCIM, president of Crossman & Company commercial real estate and one of the leading retail property brokers in the region.

“Commercial development in the Lake Nona area, which centers on medical research, health care and medical facilities, will change the face of Central Florida and add an enormous engine to our local economy,” Crossman said.

The University of Central Florida College of Medicine and the Burnham Institute for Medical Research facilities that are under development now provide a tremendous incentive for new and innovative development in the region that will include retail, restaurants, and a wide range of services, Crossman said.

“A decade ago the Central Florida job base was centered on the tourism corridor from International Drive to Disney and the U.S. 192 area,” said Crossman.

“Ten years from now we will have another job center that will be just as prominent, and it will focus on the Lake Nona area. The advantages in East Orlando will be that much of this new development is upscale, with higher technology and higher paying jobs,” Crossman said.

“Whether you are a Starbucks barista or a medical student about to launch your professional career, east Orlando in general and the Lake Nona area in particular are where you want to look,” Crossman said.

For more information please contact:

John Crossman, CCIM, President, Crossman & Company, 407-581-6218

Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142

About Crossman & Company

Crossman & Company is one of the largest third-party retail leasing and management companies in Central Florida, based upon the total number of retail square footage. Founded in Orlando, Fla. in 1990, Crossman & Company is a full service commercial real estate firm that advises its clients in leasing, management, development and investment sales of retail and office properties. Please visit http://www.crossmanco.com/, or call 407.423.5400 for more information.

NAI Realvest Negotiates New Industrial Lease for Arizona Iced Tea at Airport Commerce Center in Orlando

NAI Realvest Negotiates New Industrial Lease for Arizona Iced Tea at Airport Commerce Center in Orlando

MAITLAND, Fla. – NAI Realvest recently negotiated a new industrial lease of 4,000 square feet at 8350 Parkline Blvd. in the Airport Commerce Center off South Orange Ave. in Orlando.

Michael Heidrich, a principal in the firm, negotiated the lease representing the landlord, Columbus, Ohio-based Parkline Properties, LLC. The tenant, Arizona Beverage Company LLC of Lake Success, NY leased unit 14 at the industrial center for office, storage and distribution of its Arizona Iced Tea products.

Lee Zerivitz of Bishop Realty & Development represented the tenant.

For more information, contact:

Michael Heidrich, Principal, NAI Realvest 407-875-9989 mheidrich@realvest.com

Janice Paiano, Director of Marketing, NAI Realvest 407-875-9989 jpaiano@realvest.com

Beth Payan or Larry Vershel, Larry Vershel Communications 407-644-4142

About NAI

RealvestNAI Realvest in Orlando, covering all of Central Florida, is a fully integrated commercial real estate operating company specializing in brokerage, development, investment, leasing and management, consulting and research services in the U.S. and worldwide. NAI Global is an international commercial real estate network with over 325 offices spanning the globe. Since 1978, clients have built businesses on the power of NAI Global’s expanding network. Extensive services include multi-site acquisitions and dispositions, sublease, tenant representation, lease administration and audit, investment services, due diligence and related consulting and advisory services. To learn more, visit http://www.nairealvest.com/.

Beazer Homes to offer free home buyer counseling seminars at two Tampa area communities in March

Beazer Homes to offer free home buyer counseling seminars at two Tampa area communities on March 7, March 14

TAMPA, Fla. - Beazer Homes will offer free home buyer seminars from 11:30 a.m. to 1 p.m. on March 7 at Dupree Lakes* in Land O’Lakes and on March 14 at Sawgrass* in Pinellas Park. *(Locations below)

Alan Beulah, sales manager for Beazer Homes in the Tampa region, said both seminars are free to the public.

Experts in housing credit, mortgage loans and financing will be on hand to explain today’s mortgage and credit requirements and state and federal mortgage assistance programs and to answer any questions.

“Mortgage financing is available today at historically low rates and we want everyone to know about it,” said Beulah. “Both seminars are open from 11:30 a.m. to 1 p.m. and are free to the public,” he said.

*Dupree Lakes is located on Tigerflower Court off of Ehren’s Cutoff and U.S. 41. *Sawgrass is located on 68th Terrace off Park Blvd. and U.S. 19.

For more information about this press release, contact

Alan Beulah, Sales Manager Beazer Homes-Florida Division 813-663-9002

Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142

UCF Incubation Program's Seminole County/Winter Springs Incubator Graduates First Company

WINTER SPRINGS, Fla. - Spectrum Bridge, Inc., which provides new internet marketplace and mapping technologies to help the wireless industry identify, lease and make use of underutilized and available radio spectrum, has become the first client company to graduate from the UCF Incubation Program’s Seminole County/Winter Springs Incubator.

Esther Vargas-Davis, site manager at the Seminole County/Winter Springs Incubator, said Spectrum Bridge has started generating revenue and just successfully completed an $8.1 million round of venture capital funding.

The firm joined the Incubation Program in February 2008, and is currently headquartered in Lake Mary.

Seminole County/Winter Springs Incubator currently serves 10 client companies, eight of which are headquartered at the Seminole County/Winter Springs Incubator facility in the Vistawilla Office Center building on East S.R. 434 and the 417.

The Seminole County/Winter Springs Incubator opened its doors in 2008 to serve high growth startup firms in Seminole County and is a partnership of UCF, Seminole County Government, the City of Winter Springs and the Florida High Tech Corridor Council.

For more information contact:

Esther Vargas-Davis, Site Manager, UCF Incubator–Seminole County, 407-278-4881; evargasd@mail.ucf.edu;

Dr. Tom O’Neal, Executive Director, UCF Incubation Program, 407-882-1120;

Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142

About the UCF Incubation Program Since its founding in 1999, the UCF Incubation Program has helped more than 100 emerging companies (including nearly 70 current clients) create over $500 million in annual revenue and more than 900 new jobs with an average salary of $59,000. With five facilities across the Greater Orlando community, the Incubation Program is a collaboration in economic development between the University of Central Florida, Orange County, the City of Orlando, Seminole County, the City of Winter Springs, and the Florida High Tech Corridor Council. For more information, please visit http://www.incubator.ucf.edu/.