LAKE MARY - Kolter Homes will start construction of a new two-story townhome building in early March at Grande Oaks at Heathrow, the gated luxury community located on CR 46A and Orange Blvd. at Heathrow in Lake Mary.
Steve Bovio, senior project manager for Grande Oaks at Heathrow, said the new building will accommodate six townhome units.
New townhomes at Grande Oaks at Heathrow will offer 2,124 square feet of living space with three and four-bedroom floor plans priced from the mid-$200s.
Grande Oaks at Heathrow (www.KolterGrandeOaks.com) features its own private lakefront recreation center with fitness area, meeting rooms, kitchen, swimming pool and spa with deck area.
The sales and preview center is open from 10 a.m. to 6 p.m. daily and Sunday Noon to 6 at 1450 Lake George Drive. From I-4 go west on H.E. Thomas, Jr. Parkway (CR 46A) to the community entrance just past International Parkway. For information, call 407-829-8961.
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For more information contact: Steven V. Bovio, Senior Project Manager, Kolter Homes/Orlando 407-333-1733 sbovio@kolter.com
About Kolter Homes: Kolter Homes is part of the Kolter Group, a private investment firm focusing on real estate development, investment and construction. Kolter Homes brings more than a decade of experience in Florida homebuilding to each of its communities in Orlando, South Florida and the Treasure Coast. Visit www.KolterHomes.com for additional information.
Tuesday, February 23, 2010
NAI Realvest Negotiates Investment Sale of 7,000 Square Foot Industrial Building off S. Orange
ORLANDO – NAI Realvest recently completed the sale of a 7,000 square foot industrial building located at 189 Jamaica Ln. off South Orange Ave. in Orlando.
Michael Heidrich, principal at NAI Realvest, negotiated the transaction representing the buyer, The Jamaica Group, LLC a local firm who paid $525,000.00 for the property.
The seller is Ana T. Lopez-Giraldo of Orlando.
For more information, please contact: Michael Heidrich, Principal NAI Realvest, 407-875-9989 mheidrich@realvest.com; Patrick Mahoney, President, NAI Realvest 407-875-9989 pmahoney@realvest.com
About NAI Realvest: NAI 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 www.NAIRealvest.com.
Michael Heidrich, principal at NAI Realvest, negotiated the transaction representing the buyer, The Jamaica Group, LLC a local firm who paid $525,000.00 for the property.
The seller is Ana T. Lopez-Giraldo of Orlando.
For more information, please contact: Michael Heidrich, Principal NAI Realvest, 407-875-9989 mheidrich@realvest.com; Patrick Mahoney, President, NAI Realvest 407-875-9989 pmahoney@realvest.com
About NAI Realvest: NAI 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 www.NAIRealvest.com.
Data Transfer Solutions Awarded Contract Extension to Develop Transportation Planning Tools for North Central Texas Council of Governments
ORLANDO - Data Transfer Solutions LLC, based in downtown Avalon Park, was recently awarded a contract extension to continue development of web-based transportation planning tools for the North Central Texas Council of Governments (NCTCOG).
A.M. “Trey” Fragala III, AICP, PMP, chief operating officer at Data Transfer Solutions (DTS), said the contract, development of a transportation tracking application that includes database integration, financial reporting, public facing components and dashboard reporting capabilities, is in its third phase .
Data Transfer Solutions provides geographic information systems (GIS), transportation planning and engineering, asset management, web design, custom applications development and video and multimedia production services to local governments and regional and state agencies throughout the U.S. DTS has offices in six states.
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For more information, contact: A.M. “Trey” Fragala, III, AICP, PMP, Chief Operating Officer, Data Transfer Solutions, 3680 Avalon Park East Blvd., Suite 200, Orlando, 32828; 407-382-5222; tfragala@edats.com
A.M. “Trey” Fragala III, AICP, PMP, chief operating officer at Data Transfer Solutions (DTS), said the contract, development of a transportation tracking application that includes database integration, financial reporting, public facing components and dashboard reporting capabilities, is in its third phase .
Data Transfer Solutions provides geographic information systems (GIS), transportation planning and engineering, asset management, web design, custom applications development and video and multimedia production services to local governments and regional and state agencies throughout the U.S. DTS has offices in six states.
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For more information, contact: A.M. “Trey” Fragala, III, AICP, PMP, Chief Operating Officer, Data Transfer Solutions, 3680 Avalon Park East Blvd., Suite 200, Orlando, 32828; 407-382-5222; tfragala@edats.com
Winston-James Development negotiates lease agreements for commercial space in Winter Garden, Oviedo
SOUTH DAYTONA - Winston-James Development, LLC, which developed the West Orange Business Center in Winter Garden and the Aloma Commerce Center in Oviedo, recently negotiated new lease agreements at both centers.
Winston Schwartz, president of Winston-James Development, said J. Short Insurance leased 1,000 square feet of office space at the West Orange Business Center in Winter Garden.
Valet Waste, which provides services to multi-family properties in Central Florida, leased 1,870 square feet of office space at Aloma Commerce Center.
For more information, contact: Winston Schwartz, President, Winston-James Development, Inc 933 Beville Rd., South Daytona, Fla. 32119; 386-760-2555; James Adley, Principal, Winston-James Development, Inc. 386-760-2555; Charles N. Kasza, Vice President Winston-James Development, Inc. 386-760-2555
Winston Schwartz, president of Winston-James Development, said J. Short Insurance leased 1,000 square feet of office space at the West Orange Business Center in Winter Garden.
Valet Waste, which provides services to multi-family properties in Central Florida, leased 1,870 square feet of office space at Aloma Commerce Center.
For more information, contact: Winston Schwartz, President, Winston-James Development, Inc 933 Beville Rd., South Daytona, Fla. 32119; 386-760-2555; James Adley, Principal, Winston-James Development, Inc. 386-760-2555; Charles N. Kasza, Vice President Winston-James Development, Inc. 386-760-2555
NAI Realvest Negotiates New Lease Agreement for Rehab Center in Gainesville
MAITLAND – NAI Realvest recently negotiated a new lease for 1,400 square feet of professional office space at 620 SW 4th Ave. in Gainesville.
NAI Realvest broker associate Paul Vera negotiated the three-year agreement representing the tenant, Gainesville Injury Rehabilitation Center. The landlord is Fourth Avenue Investments, LLC. and was represented by Russ Hirshik of ERA Trend Realty.
For more information contact: Paul Vera, Broker/Associate NAI Realvest, 407-875-9989 Pvera@realvest.com; Patrick Mahoney, President, NAI Realvest 407-875-9989 pmahoney@realvest.com
About NAI Realvest: NAI Realvest, with offices serving 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 through NAI Global, an international commercial real estate network with over 325 offices spanning the globe. Since 1978, clients have built their 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 www.NAIRealvest.com.
NAI Realvest broker associate Paul Vera negotiated the three-year agreement representing the tenant, Gainesville Injury Rehabilitation Center. The landlord is Fourth Avenue Investments, LLC. and was represented by Russ Hirshik of ERA Trend Realty.
For more information contact: Paul Vera, Broker/Associate NAI Realvest, 407-875-9989 Pvera@realvest.com; Patrick Mahoney, President, NAI Realvest 407-875-9989 pmahoney@realvest.com
About NAI Realvest: NAI Realvest, with offices serving 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 through NAI Global, an international commercial real estate network with over 325 offices spanning the globe. Since 1978, clients have built their 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 www.NAIRealvest.com.
Stirling Sotheby’s International Realty Named Exclusive Sales, Marketing Agents for Joey Fatone’s $5.5 Million Orlando Home
ORLANDO - Stirling Sotheby’s International Realty has been named exclusive sales and marketing agents for the $5.5 million lakefront estate home of former ‘N Sync recording star Joey Fatone, Jr. in southwest Orlando.
Roger Soderstrom, founder and owner of Stirling Sotheby’s International Realty, said Stirling Sotheby’s associates Sally Andy and David Warren are principal contacts for the estate home.
Overlooking Lake Pocket, part of the Butler Chain of Lakes near Windermere, the 4.36- acre lakefront estate offers a private security entrance and state-of-the-art security and audio-visual systems throughout.
The 12,370 square foot luxury estate offers six bedrooms, six full baths, four half-baths, a magnificent resort-style pool and spa, game rooms, and in-home theater; separate air-conditioned six-car garage with full kitchen, bath and rotating floors; and a private dock with boathouse on Lake Pocket.
Fatone, star of stage, screen and television, has appeared on Broadway, hosted NBC’s international hit show, “The Singing Bee,” and was a celebrity finalist in ABC’s popular TV series, “Dancing with the Stars.” He is currently involved in several projects, including a record album, a new TV series, and proposed Broadway show.
For more information contact: Sally Andy, Stirling Sotheby’s International Realty 407-687-7295 sally@sallyandy.com; David Warren, Stirling Sotheby’s International Realty 407-928-3760 david@sallyandy.com; Roger Soderstrom, Founder/Owner Stirling Sotheby’s International Realty 407-581-7890
About Stirling Sotheby’s International Realty: Stirling Sotheby’s International Realty is affiliated with Sotheby’s International Realty, the largest luxury real estate brand in the world. Stirling Sotheby’s exclusive services include luxury residential, new homes, commercial, property management, in addition to supporting builders, developers, lenders, and asset managers. The company operates three performance zones which serve all of Central Florida. Visit www.StirlingSIR.com.
Roger Soderstrom, founder and owner of Stirling Sotheby’s International Realty, said Stirling Sotheby’s associates Sally Andy and David Warren are principal contacts for the estate home.
Overlooking Lake Pocket, part of the Butler Chain of Lakes near Windermere, the 4.36- acre lakefront estate offers a private security entrance and state-of-the-art security and audio-visual systems throughout.
The 12,370 square foot luxury estate offers six bedrooms, six full baths, four half-baths, a magnificent resort-style pool and spa, game rooms, and in-home theater; separate air-conditioned six-car garage with full kitchen, bath and rotating floors; and a private dock with boathouse on Lake Pocket.
Fatone, star of stage, screen and television, has appeared on Broadway, hosted NBC’s international hit show, “The Singing Bee,” and was a celebrity finalist in ABC’s popular TV series, “Dancing with the Stars.” He is currently involved in several projects, including a record album, a new TV series, and proposed Broadway show.
For more information contact: Sally Andy, Stirling Sotheby’s International Realty 407-687-7295 sally@sallyandy.com; David Warren, Stirling Sotheby’s International Realty 407-928-3760 david@sallyandy.com; Roger Soderstrom, Founder/Owner Stirling Sotheby’s International Realty 407-581-7890
About Stirling Sotheby’s International Realty: Stirling Sotheby’s International Realty is affiliated with Sotheby’s International Realty, the largest luxury real estate brand in the world. Stirling Sotheby’s exclusive services include luxury residential, new homes, commercial, property management, in addition to supporting builders, developers, lenders, and asset managers. The company operates three performance zones which serve all of Central Florida. Visit www.StirlingSIR.com.
Only five ready-to-move-in ready homes remain for sale at The Villages of Royal Palm in Port Orange
SOUTH DAYTONA - Only five ready-to-move-in luxury homes priced from the mid $100s remain for sale at Villages of Royal Palm, located on Villages of Royal Palm Blvd. off Williamson Blvd. in Port Orange.
Villages of Royal Palm Developer Winston Schwartz, said the homes priced from $165,000, range in size from 1,300 square feet of living space to 2,200 square feet.
All five homes qualify for federal tax credit incentives that range from $6,500 for existing home owners to $8,000 for first time home buyers, Schwartz said.
The deadline to qualify for the tax credit incentives is April 30 for closing in June.
For more information about this press release, contact: Winston Schwartz, President, Winston-James Development, Inc. Beville Rd., South Daytona, Fla. 32119; 386-760-2555; James Adley, Principal, Winston-James Development, Inc. 386-760-2555
Villages of Royal Palm Developer Winston Schwartz, said the homes priced from $165,000, range in size from 1,300 square feet of living space to 2,200 square feet.
All five homes qualify for federal tax credit incentives that range from $6,500 for existing home owners to $8,000 for first time home buyers, Schwartz said.
The deadline to qualify for the tax credit incentives is April 30 for closing in June.
For more information about this press release, contact: Winston Schwartz, President, Winston-James Development, Inc. Beville Rd., South Daytona, Fla. 32119; 386-760-2555; James Adley, Principal, Winston-James Development, Inc. 386-760-2555
Grubb & Ellis|Commercial Florida Negotiates new long-term Lease of 21,456 Square Feet for Orlando division office of United Safety Council
ORLANDO - Grubb & Ellis Commercial Florida recently negotiated a 10-year lease agreement for 21,456 square feet of office space at 1505 E. Colonial Drive in Orlando.
Anne Deason vice president in the Office Group at Grubb & EllisCommercial Florida, negotiated the transaction on behalf of the new tenant, United Safety Council.
Grubb & EllisCommercial Florida Office Group vice presidents Jay Dixon and Robert Kellogg and associate Jerry Thornbury represented the landlord Orlando-based West Eden Partnership, LLP.
About Grubb & EllisCommercial Florida: Grubb & EllisCommercial Florida is an affiliated commercial real estate services firm specializing in the leasing and sale of office, industrial, retail, land and investment properties. Currently Grubb & EllisCommercial Florida has 45 brokers divided among its Orlando, Melbourne and Tampa offices to serve the entire mid-Florida marketplace.
About Grubb & Ellis Company: Named to The Global Outsourcing 100™ in 2009 by the International Association of Outsourcing Professionals™, Grubb & Ellis Company (NYSE: GBE) is one of the largest and most respected commercial real estate services and investment companies in the world. Our 6,000 professionals in more than 130 company-owned and affiliate offices draw from a unique platform of real estate services, practice groups and investment products to deliver comprehensive, integrated solutions to real estate owners, tenants and investors. The firm’s transaction, management, consulting and investment services are supported by highly regarded proprietary market research and extensive local expertise. Through its investment subsidiaries, the company is a leading sponsor of real estate investment programs that provide individuals and institutions the opportunity to invest in a broad range of real estate investment vehicles, including public non-traded real estate investment trusts (REITs), mutual funds and other real estate investment funds. For more information, visit www.grubb-ellis.com.
Anne Deason vice president in the Office Group at Grubb & EllisCommercial Florida, negotiated the transaction on behalf of the new tenant, United Safety Council.
Grubb & EllisCommercial Florida Office Group vice presidents Jay Dixon and Robert Kellogg and associate Jerry Thornbury represented the landlord Orlando-based West Eden Partnership, LLP.
About Grubb & EllisCommercial Florida: Grubb & EllisCommercial Florida is an affiliated commercial real estate services firm specializing in the leasing and sale of office, industrial, retail, land and investment properties. Currently Grubb & EllisCommercial Florida has 45 brokers divided among its Orlando, Melbourne and Tampa offices to serve the entire mid-Florida marketplace.
About Grubb & Ellis Company: Named to The Global Outsourcing 100™ in 2009 by the International Association of Outsourcing Professionals™, Grubb & Ellis Company (NYSE: GBE) is one of the largest and most respected commercial real estate services and investment companies in the world. Our 6,000 professionals in more than 130 company-owned and affiliate offices draw from a unique platform of real estate services, practice groups and investment products to deliver comprehensive, integrated solutions to real estate owners, tenants and investors. The firm’s transaction, management, consulting and investment services are supported by highly regarded proprietary market research and extensive local expertise. Through its investment subsidiaries, the company is a leading sponsor of real estate investment programs that provide individuals and institutions the opportunity to invest in a broad range of real estate investment vehicles, including public non-traded real estate investment trusts (REITs), mutual funds and other real estate investment funds. For more information, visit www.grubb-ellis.com.
Mia Bella Scalini Family Italian Restaurant Expands, Adds New Menu Entrees
ORLANDO - Mia Bella Scalini Family Restaurant in the Grand Oaks Village Shopping Center at 5106 Dr. Phillips Blvd. near Windermere has added several new menu entrees and 30 new seats and tables.
“A family Italian restaurant was perfect for this area,” said Ron Schwartz, one of the principals of the restaurant along with famous chef and entrepreneur Donato Mastontoni. “Our customer base has been growing fast and during dinner hours we’ve had to turn customers away,” Schwartz said.
Schwartz expanded the restaurant seating to some 80 seats and tables.
The new menu entrees feature delectable pastas, chicken and veal dishes and Italian subs.
“We’re the perfect restaurant for lunch and dinner,” Schwartz said. Mia Bella Scalini Family Restaurant also features traditional classic NY style and gluten-free pizzas.
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For more information, please contact: Scalini’s Pizza and Pasta, 407-291-9349, info@scalinispizza.com; Ron Schwartz, Owner, Scalini’s Pizza and Pasta, 407-342-3648
“A family Italian restaurant was perfect for this area,” said Ron Schwartz, one of the principals of the restaurant along with famous chef and entrepreneur Donato Mastontoni. “Our customer base has been growing fast and during dinner hours we’ve had to turn customers away,” Schwartz said.
Schwartz expanded the restaurant seating to some 80 seats and tables.
The new menu entrees feature delectable pastas, chicken and veal dishes and Italian subs.
“We’re the perfect restaurant for lunch and dinner,” Schwartz said. Mia Bella Scalini Family Restaurant also features traditional classic NY style and gluten-free pizzas.
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For more information, please contact: Scalini’s Pizza and Pasta, 407-291-9349, info@scalinispizza.com; Ron Schwartz, Owner, Scalini’s Pizza and Pasta, 407-342-3648
Cuhaci & Peterson Architects Awarded Contract to Design Interior Buildout for YogoBerry Frozen Yogurt Store in South Orlando
ORLANDO - Cuhaci & Peterson Architects, LLC based in Orlando’s Baldwin Park was recently awarded a contract to design the interior buildout of a 1,370 square foot YogoBerry frozen yogurt store on S. Orange Avenue at Michigan in south Orlando.
Lonnie Peterson, chairman of Cuhaci & Peterson Architects, said the three-year old YogoBerry retail franchise has opened locations in Austin, Tex., and Scarsdale, N.Y.
Developer Kimco Realty awarded the contract.
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For more information contact: Lonnie Peterson, Chairman Cuhaci & Peterson Architects, LLC, 407-661-9100; Jed Downs, President Cuhaci & Peterson Architects, LLC, 407-661-9100
Lonnie Peterson, chairman of Cuhaci & Peterson Architects, said the three-year old YogoBerry retail franchise has opened locations in Austin, Tex., and Scarsdale, N.Y.
Developer Kimco Realty awarded the contract.
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For more information contact: Lonnie Peterson, Chairman Cuhaci & Peterson Architects, LLC, 407-661-9100; Jed Downs, President Cuhaci & Peterson Architects, LLC, 407-661-9100
Pulte’s Centex Homes to Showcase Two New Model Homes Priced From The $140s in Grand Opening at Sullivan Ranch in Mount Dora
MOUNT DORA - Pulte Homes said its Centex Homes brand will host a grand opening on Saturday and Sunday, March 6 and 7, to showcase two new model homes at Sullivan Ranch, the gated community located on Round Lake Road east of U.S. 441 in Mount Dora.
Sean Strickler, vice president of sales and marketing for Pulte’s Central Florida Division, said both new model homes are fully furnished. Centex Homes will also showcase its new Sullivan Ranch sales and information center, Strickler said.
New three, four and five-bedroom single-family homes priced from the $140s at Sullivan Ranch range in size from 1,335 square feet of living space to 3,514 square feet.
Centex Homes plans to build 692 new homes at Sullivan Ranch.
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For more information contact: Lyndsey Clarke, Marketing Manager, Pulte Group, 407-661-2150 ext 1416 2301 Lucien Way, Suite 400, Maitland, FL 32751; lyndsey.clarke@pulte.com; Sean C. Strickler, Vice President Sales & Marketing, Pulte Group 407-661-1461 sstrickler@pulte.com
About Pulte: Pulte Homes, Inc., based in Bloomfield Hills, Mich., is one of America’s largest home building companies with operations in 69 markets, 29 states and the District of Columbia. The Company has an unmatched capacity to meet the needs of all buyer segments through its brand portfolio that includes Pulte Homes, Centex and Del Webb, as well as its regional brands of DiVosta Homes (Florida) and Fox & Jacobs (Texas). In 2009, Pulte Homes brands received more top rankings than any other homebuilder in the annual J.D. Power and Associates 2009 New-Home Builder Customer Satisfaction Studysm. Pulte Mortgage LLC is a nationwide lender offering Pulte customers a variety of loan products and superior service.
Sean Strickler, vice president of sales and marketing for Pulte’s Central Florida Division, said both new model homes are fully furnished. Centex Homes will also showcase its new Sullivan Ranch sales and information center, Strickler said.
New three, four and five-bedroom single-family homes priced from the $140s at Sullivan Ranch range in size from 1,335 square feet of living space to 3,514 square feet.
Centex Homes plans to build 692 new homes at Sullivan Ranch.
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For more information contact: Lyndsey Clarke, Marketing Manager, Pulte Group, 407-661-2150 ext 1416 2301 Lucien Way, Suite 400, Maitland, FL 32751; lyndsey.clarke@pulte.com; Sean C. Strickler, Vice President Sales & Marketing, Pulte Group 407-661-1461 sstrickler@pulte.com
About Pulte: Pulte Homes, Inc., based in Bloomfield Hills, Mich., is one of America’s largest home building companies with operations in 69 markets, 29 states and the District of Columbia. The Company has an unmatched capacity to meet the needs of all buyer segments through its brand portfolio that includes Pulte Homes, Centex and Del Webb, as well as its regional brands of DiVosta Homes (Florida) and Fox & Jacobs (Texas). In 2009, Pulte Homes brands received more top rankings than any other homebuilder in the annual J.D. Power and Associates 2009 New-Home Builder Customer Satisfaction Studysm. Pulte Mortgage LLC is a nationwide lender offering Pulte customers a variety of loan products and superior service.
Hands-On Management, Custom Solutions and Quick Response Are Winning Strategies for Melrose-Sovereign
ORLANDO - With vacancies at rental apartment communities in Florida at an all-time high, Melrose-Sovereign, based in Orlando, is establishing itself as one of the state’s fastest-growing community management firms with a strategy that includes hands-on property management, custom solutions and quick response to fast-changing issues. The result–higher occupancies.
Rebecca Shaffrey, recently named Vice President of Property Management at Melrose- Sovereign’s Multi-Family Division, said the firm values its standing as a boutique management company.
“Boutique management companies have less overhead, so we can charge less for our services,” Shaffrey said. “We have fewer management layers, so we can respond quickly to market conditions and design custom solutions that produce results,” she added.
Shaffrey said record vacancies are a result of a non-traditional housing market.
“In the past, condominiums competed with new single-family homes for buyers,” Shaffrey said.
“The huge wave of condo conversions five years ago resulted in thousands of investor-owned condominiums in the market that are now competing with rental communities for the same renters,” Shaffrey explained.
“Traditional apartment management companies are having trouble keeping up with current market conditions,” Shaffrey said. “Companies that rely on their traditional business models can’t compete in this fast-evolving, non-linear environment. No two communities are alike and therefore, each needs a specific strategy if rents and occupancies are to remain high. We are able to respond quickly, identifying and implementing unique strategies for finding new renters and keeping the ones we have. This requires your most talented, well-trained and highly motivated management people on the ground, and in the rental office every day,” Shaffrey said.
For more information, contact: Rebecca Shaffrey, Vice President of Property Management, Melrose-Sovereign, 407-228-4181; rshaffrey@melrose-sovereign.com; Jack B. Hanson, LCAM, Partner/Co-founder, Melrose-Sovereign, 407-228-4181, jhanson@melrose-sovereign.com or Ellen G. Lumpkin, LCAM, Partner/Co-founder, Melrose-Sovereign, 407-228-4181, elumpkin@melrose-sovereign.com
Rebecca Shaffrey, recently named Vice President of Property Management at Melrose- Sovereign’s Multi-Family Division, said the firm values its standing as a boutique management company.
“Boutique management companies have less overhead, so we can charge less for our services,” Shaffrey said. “We have fewer management layers, so we can respond quickly to market conditions and design custom solutions that produce results,” she added.
Shaffrey said record vacancies are a result of a non-traditional housing market.
“In the past, condominiums competed with new single-family homes for buyers,” Shaffrey said.
“The huge wave of condo conversions five years ago resulted in thousands of investor-owned condominiums in the market that are now competing with rental communities for the same renters,” Shaffrey explained.
“Traditional apartment management companies are having trouble keeping up with current market conditions,” Shaffrey said. “Companies that rely on their traditional business models can’t compete in this fast-evolving, non-linear environment. No two communities are alike and therefore, each needs a specific strategy if rents and occupancies are to remain high. We are able to respond quickly, identifying and implementing unique strategies for finding new renters and keeping the ones we have. This requires your most talented, well-trained and highly motivated management people on the ground, and in the rental office every day,” Shaffrey said.
For more information, contact: Rebecca Shaffrey, Vice President of Property Management, Melrose-Sovereign, 407-228-4181; rshaffrey@melrose-sovereign.com; Jack B. Hanson, LCAM, Partner/Co-founder, Melrose-Sovereign, 407-228-4181, jhanson@melrose-sovereign.com or Ellen G. Lumpkin, LCAM, Partner/Co-founder, Melrose-Sovereign, 407-228-4181, elumpkin@melrose-sovereign.com
Monday, February 22, 2010
ICI Homes, Plantation Bay to Play Starring Role in "LiveSouth" Trade Show Feb 26-28 in Long Island, NY
DAYTONA BEACH - Plantation Bay Golf & Country Club, the landmark luxury community ICI Homes is developing in Ormond Beach, will play a starring role at the “LiveSouth” trade show to be held at the Melville, Marriott Hotel in Long Island, NY Feb 26-28.
Rosemary Messina, vice president of sales and marketing at ICI Homes, said the Prestwick and Westlake neighborhoods at Plantation Bay Golf & Country Club will be featured in the trade show, which is expected to draw more than 3,000 visitors.
“Plantation Bay Golf & Country Club has a wide following in the Long Island area and many of our residents have friends and family there,” Messina said.
For more information, visit www.icihomes.com.
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For more information, please contact:
Lisa A. Egle, Marketing Manager ICI Homes-Daytona Beach, 386-236-4273;
Rosemary Messina, Vice President of Sales & Marketing, ICI Homes, 386-236-4273
About ICI Homes:
ICI Homes is one of the largest privately owned homebuilders in the nation. The 30-year-old firm builds new homes and resort facilities in the Volusia-Flagler region as well as in Jacksonville, Orlando, Melbourne and Tampa.
Rosemary Messina, vice president of sales and marketing at ICI Homes, said the Prestwick and Westlake neighborhoods at Plantation Bay Golf & Country Club will be featured in the trade show, which is expected to draw more than 3,000 visitors.
“Plantation Bay Golf & Country Club has a wide following in the Long Island area and many of our residents have friends and family there,” Messina said.
For more information, visit www.icihomes.com.
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For more information, please contact:
Lisa A. Egle, Marketing Manager ICI Homes-Daytona Beach, 386-236-4273;
Rosemary Messina, Vice President of Sales & Marketing, ICI Homes, 386-236-4273
About ICI Homes:
ICI Homes is one of the largest privately owned homebuilders in the nation. The 30-year-old firm builds new homes and resort facilities in the Volusia-Flagler region as well as in Jacksonville, Orlando, Melbourne and Tampa.
Friday, February 19, 2010
Beazer Homes starts presales of town homes priced from under $150,000 at Hampton Lakes in Westchase area
TAMPA - Beazer Homes recently started presales of two and three-bedroom town homes priced from $149,990 at its newest community of Hampton Lakes, located off Racetrack Rd. near Countryway Blvd. in the Westchase area.
Kareyann Rhodes, sales manager for Beazer Homes in the Tampa Bay region, said Beazer sold a new town home at Hampton Lakes on the first day sales opened at the community where construction of the first 15 town homes and one model town home will start.
Altogether 68 town homes are planned at Hampton Lakes, along with a community swimming pool and cabana.
Three floor plans are available, Rhodes said. The Amherst, with two bedrooms and two-and-a-half baths, in 1,335 square feet of living space, is priced at $149,990 with a two-car garage.
The Bermuda, with three bedrooms, two-and-a-half baths and 1,483 square feet, is priced at $166,990 with a two-car garage.
The Caribbean offers three bedrooms with a bonus room or an optional fourth bedroom in 1,852 square feet priced at $195,990 with a two-car garage. Rhodes said the Caribbean offers another popular feature---a downstairs master suite.
Beazer Homes is offering a special bonus for the first five home buyers at Hampton Lakes---an upgraded stainless steel appliance package and free washer, dryer and refrigerator.
“All town homes at Hampton Lakes offer courtyards and additional outdoor living areas,” said Rhodes, “and all are built with the Beazer eSMART features that increase energy and water efficiency and indoor air quality.”
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For more information, contact: Kareyann Rhodes, Sales Manager, Beazer Homes/Tampa Division 813-663-9002 Krhodes@beazer.com; Theresa Tilton, Vice President of Sales Beazer Homes/Florida 407-339-4114; ttilton@beazer.com; David Byrnes President Beazer Homes / Florida 407-339-4114 dbyrnes@beazer.com
About Beazer Homes: Beazer Homes, headquartered in Atlanta, is one of the country's 10 largest single-family homebuilders with operations in 17 states. Beazer Homes is listed on the New York Stock Exchange under the ticker symbol "BZH."
Kareyann Rhodes, sales manager for Beazer Homes in the Tampa Bay region, said Beazer sold a new town home at Hampton Lakes on the first day sales opened at the community where construction of the first 15 town homes and one model town home will start.
Altogether 68 town homes are planned at Hampton Lakes, along with a community swimming pool and cabana.
Three floor plans are available, Rhodes said. The Amherst, with two bedrooms and two-and-a-half baths, in 1,335 square feet of living space, is priced at $149,990 with a two-car garage.
The Bermuda, with three bedrooms, two-and-a-half baths and 1,483 square feet, is priced at $166,990 with a two-car garage.
The Caribbean offers three bedrooms with a bonus room or an optional fourth bedroom in 1,852 square feet priced at $195,990 with a two-car garage. Rhodes said the Caribbean offers another popular feature---a downstairs master suite.
Beazer Homes is offering a special bonus for the first five home buyers at Hampton Lakes---an upgraded stainless steel appliance package and free washer, dryer and refrigerator.
“All town homes at Hampton Lakes offer courtyards and additional outdoor living areas,” said Rhodes, “and all are built with the Beazer eSMART features that increase energy and water efficiency and indoor air quality.”
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For more information, contact: Kareyann Rhodes, Sales Manager, Beazer Homes/Tampa Division 813-663-9002 Krhodes@beazer.com; Theresa Tilton, Vice President of Sales Beazer Homes/Florida 407-339-4114; ttilton@beazer.com; David Byrnes President Beazer Homes / Florida 407-339-4114 dbyrnes@beazer.com
About Beazer Homes: Beazer Homes, headquartered in Atlanta, is one of the country's 10 largest single-family homebuilders with operations in 17 states. Beazer Homes is listed on the New York Stock Exchange under the ticker symbol "BZH."
Grubb & Ellis|Commercial Florida Negotiates REO Sale of Three Treasure Island Condos for $1.995 Million
TAMPA - Grubb & EllisCommercial Florida recently negotiated REO sales of three waterfront condominiums on Treasure Island for $1.995 million.
Jeff Sweeney, SIOR, president of Grubb & EllisCommercial Florida, said the condominiums are part of a portfolio of nine bank-owned luxury condominiums at Serena Bay Condominiums at 260 108th Ave. in Treasure Island overlooking Boca Ciega Bay.
Sweeney said Nat Barganier, executive director of the Grubb & EllisCommercial Florida Distressed Property Services Group and head of Multi-Family Investment Sales, teamed and negotiated all three sales with Dania Perry of Jim White Century 21, a residential sales specialist for Tampa Bay area waterfront units.
The Grubb & EllisCommercial Florida DPS Group was the Receiver. “We formed the Grubb & EllisCommercial Florida Distressed Property Group last year to provide real estate services to banks and lenders with REO portfolios,” Sweeney explained. The group includes top Grubb professionals with a deep bench of receiver, banking, development, management and reposition qualifications.
Local home buyers Axel and Kit Hoewt, Charles and Judy Gallagher and Coral L. Bowers acquired the 2,650 square foot high-end condominiums.
“For the buyers, the sale represents tremendous value. For the lender, we are able to remove distressed properties from their books at an agreeable price. Early on Barganier encouraged the lender to pursue both a “retail” and “bulk” sale of units in order to maximize buyer coverage and potential return. “Nat has several excellent properties remaining to sell and we’re still accepting distressed property assignments,” Sweeney said.
About Grubb & EllisCommercial Florida: Grubb & EllisCommercial Florida is an affiliated commercial real estate services firm specializing in the leasing and sale of office, industrial, retail, land and investment properties. Currently Grubb & EllisCommercial Florida has 45 brokers divided among its Tampa, Orlando and Melbourne offices to serve the entire mid-Florida marketplace. Visit www.commercialfl.com.
About Grubb & Ellis Company: Named to The Global Outsourcing 100™ in 2009 by the International Association of Outsourcing Professionals™, Grubb & Ellis Company (NYSE: GBE) is one of the largest and most respected commercial real estate services and investment companies in the world. Our 6,000 professionals in more than 130 company-owned and affiliate offices draw from a unique platform of real estate services, practice groups and investment products to deliver comprehensive, integrated solutions to real estate owners, tenants and investors. The firm’s transaction, management, consulting and investment services are supported by highly regarded proprietary market research and extensive local expertise. Through its investment subsidiaries, the company is a leading sponsor of real estate investment programs that provide individuals and institutions the opportunity to invest in a broad range of real estate investment vehicles, including public non-traded real estate investment trusts (REITs), mutual funds and other real estate investment funds. For more information, visit www.grubb-ellis.com.
CONTACTS:Grubb & EllisCommercial Florida, 3030 N. Rocky Point Drive W., Tampa, FL 33609, www.commercialfl.com Nat Barganier 813-639-1111 ext. 205; Jeffrey Sweeney, SIOR 407-481-5387
Jeff Sweeney, SIOR, president of Grubb & EllisCommercial Florida, said the condominiums are part of a portfolio of nine bank-owned luxury condominiums at Serena Bay Condominiums at 260 108th Ave. in Treasure Island overlooking Boca Ciega Bay.
Sweeney said Nat Barganier, executive director of the Grubb & EllisCommercial Florida Distressed Property Services Group and head of Multi-Family Investment Sales, teamed and negotiated all three sales with Dania Perry of Jim White Century 21, a residential sales specialist for Tampa Bay area waterfront units.
The Grubb & EllisCommercial Florida DPS Group was the Receiver. “We formed the Grubb & EllisCommercial Florida Distressed Property Group last year to provide real estate services to banks and lenders with REO portfolios,” Sweeney explained. The group includes top Grubb professionals with a deep bench of receiver, banking, development, management and reposition qualifications.
Local home buyers Axel and Kit Hoewt, Charles and Judy Gallagher and Coral L. Bowers acquired the 2,650 square foot high-end condominiums.
“For the buyers, the sale represents tremendous value. For the lender, we are able to remove distressed properties from their books at an agreeable price. Early on Barganier encouraged the lender to pursue both a “retail” and “bulk” sale of units in order to maximize buyer coverage and potential return. “Nat has several excellent properties remaining to sell and we’re still accepting distressed property assignments,” Sweeney said.
About Grubb & EllisCommercial Florida: Grubb & EllisCommercial Florida is an affiliated commercial real estate services firm specializing in the leasing and sale of office, industrial, retail, land and investment properties. Currently Grubb & EllisCommercial Florida has 45 brokers divided among its Tampa, Orlando and Melbourne offices to serve the entire mid-Florida marketplace. Visit www.commercialfl.com.
About Grubb & Ellis Company: Named to The Global Outsourcing 100™ in 2009 by the International Association of Outsourcing Professionals™, Grubb & Ellis Company (NYSE: GBE) is one of the largest and most respected commercial real estate services and investment companies in the world. Our 6,000 professionals in more than 130 company-owned and affiliate offices draw from a unique platform of real estate services, practice groups and investment products to deliver comprehensive, integrated solutions to real estate owners, tenants and investors. The firm’s transaction, management, consulting and investment services are supported by highly regarded proprietary market research and extensive local expertise. Through its investment subsidiaries, the company is a leading sponsor of real estate investment programs that provide individuals and institutions the opportunity to invest in a broad range of real estate investment vehicles, including public non-traded real estate investment trusts (REITs), mutual funds and other real estate investment funds. For more information, visit www.grubb-ellis.com.
CONTACTS:Grubb & EllisCommercial Florida, 3030 N. Rocky Point Drive W., Tampa, FL 33609, www.commercialfl.com Nat Barganier 813-639-1111 ext. 205; Jeffrey Sweeney, SIOR 407-481-5387
University Club of Orlando to Host Brides Against Breast Cancer Bridal Fashion Show March 12-14
ORLANDO - The University Club of Orlando will host the Brides Against Breast Cancer Fashion show on Friday through Sunday, March 12-14, at the University Club on Central and Rosalind Ave. in downtown Orlando across from the Orlando Public Library.
Justin Wright, events director at the University Club of Orlando, said Brides Against Breast Cancer will premier the latest in bridal fashions at free showings on Saturday and Sunday.
Prospective brides and their guests are invited to a special VIP reception and preview on Friday night, Wright said. The cost of the VIP reception is $40 for brides and $25 for guests, and bridal gowns and accessories will be available for sale at sharply discounted prices.
“Best of all,” Wright said, “All proceeds will be donated to Brides Against Breast Cancer.”
“The organization plans to use some of the proceeds to donate a “last wish” to a terminally ill bride,” Wright said.
For more information, visit www.bridesagainstbreasdtcancer.org or contact Wright at 407-425-2514 or privateevents@ucluborlando.com.
For more information about this press release, contact: Justin Wright, Membership & Events Director, The University Club of Orlando 407-425-2514; privateevents@ucluborlando.com; Susan Greene, General Manager, The University Club of Orlando 407-425-2514, gm@ucluborlando.com
Justin Wright, events director at the University Club of Orlando, said Brides Against Breast Cancer will premier the latest in bridal fashions at free showings on Saturday and Sunday.
Prospective brides and their guests are invited to a special VIP reception and preview on Friday night, Wright said. The cost of the VIP reception is $40 for brides and $25 for guests, and bridal gowns and accessories will be available for sale at sharply discounted prices.
“Best of all,” Wright said, “All proceeds will be donated to Brides Against Breast Cancer.”
“The organization plans to use some of the proceeds to donate a “last wish” to a terminally ill bride,” Wright said.
For more information, visit www.bridesagainstbreasdtcancer.org or contact Wright at 407-425-2514 or privateevents@ucluborlando.com.
For more information about this press release, contact: Justin Wright, Membership & Events Director, The University Club of Orlando 407-425-2514; privateevents@ucluborlando.com; Susan Greene, General Manager, The University Club of Orlando 407-425-2514, gm@ucluborlando.com
Lake Forest Realty to Host Free Home Buyer Seminar at Florida Bank of Commerce in Lake Mary on March 2
LAKE FOREST - Lake Forest Realty, which sells homes and home sites in Lake Forest, the luxury gated community located on S.R. 46 west of Sanford, will host a free seminar for potential home buyers on Tuesday, March 2 at 6 p.m. at the Florida Bank of Commerce, 1190 Business Center Dr. in Lake Mary.
Rick Bavec, a principal at Lake Forest Realty and Tolaris Homes, said CPA Lou Lauteria will offer seminar participants independent advice on how to buy a home; how to qualify for the $8,000 tax credit incentive for first-time home buyers; Lake Forest Realty Sales Manager Eleanor Bliss will discuss the home buying process – what happens between contract and close; Senior Mortgage Consultant Bill Siegrist of FBC Mortgage LLC will talk about the mortgage approval process and several other professionals will cover what to expect from appraisers, how to negotiate with mortgage lenders; and how and when to take advantage of short sales and foreclosure sales.
Bavec said the seminar is co-sponsored by Legacy Title, Inc. of Seminole County and the Florida Bank of Commerce.
Refreshments will be served, Bavec said. To register for the seminar phone 407-377-6323 or visit www.laura@legacytitlecf.com.
For more information, contact: Rick Bavec, Principal Lake Forest Realty/Tolaris Homes, 407-322-5253
Rick Bavec, a principal at Lake Forest Realty and Tolaris Homes, said CPA Lou Lauteria will offer seminar participants independent advice on how to buy a home; how to qualify for the $8,000 tax credit incentive for first-time home buyers; Lake Forest Realty Sales Manager Eleanor Bliss will discuss the home buying process – what happens between contract and close; Senior Mortgage Consultant Bill Siegrist of FBC Mortgage LLC will talk about the mortgage approval process and several other professionals will cover what to expect from appraisers, how to negotiate with mortgage lenders; and how and when to take advantage of short sales and foreclosure sales.
Bavec said the seminar is co-sponsored by Legacy Title, Inc. of Seminole County and the Florida Bank of Commerce.
Refreshments will be served, Bavec said. To register for the seminar phone 407-377-6323 or visit www.laura@legacytitlecf.com.
For more information, contact: Rick Bavec, Principal Lake Forest Realty/Tolaris Homes, 407-322-5253
Mattamy Homes ranks as top home builder in Twin Cities for 2009
BURNSVILLE - Mattamy Homes - Minneapolis, a division of Canada’s largest homebuilder, reported it was ranked by the Keystone Report as the number one homebuilder in the Twin Cities market for 2009.
Steve Logan, vice president of Mattamy Homes in Minnesota, said the home builder pulled permits for 250 units last year – more than any other home builder.
At the same time, Logan said the 250 units represented a 134 percent increase over 2008, the same comparison period the balance of the market experienced a 27 percent decrease.
Currently Mattamy Homes builds single-family and town homes in seven communities throughout the Twin Cities.
For more information contact: Steve Logan, Vice President, Mattamy Homes-Minnesota 952-898-6129; steve.logan@mattamyhomes.com
About Mattamy Homes U.S. Group: The Canadian based homebuilder, with annual revenues exceeding $1.3 billion, operates US home building divisions in Minneapolis, Phoenix, Charlotte, Jacksonville and Orlando. Visit www.mattamyhomes.com.
Steve Logan, vice president of Mattamy Homes in Minnesota, said the home builder pulled permits for 250 units last year – more than any other home builder.
At the same time, Logan said the 250 units represented a 134 percent increase over 2008, the same comparison period the balance of the market experienced a 27 percent decrease.
Currently Mattamy Homes builds single-family and town homes in seven communities throughout the Twin Cities.
For more information contact: Steve Logan, Vice President, Mattamy Homes-Minnesota 952-898-6129; steve.logan@mattamyhomes.com
About Mattamy Homes U.S. Group: The Canadian based homebuilder, with annual revenues exceeding $1.3 billion, operates US home building divisions in Minneapolis, Phoenix, Charlotte, Jacksonville and Orlando. Visit www.mattamyhomes.com.
Leesburg’s UCF Business Incubator to Host Open House Tuesday, Feb. 23 from 4 to 6 P.M.
LEESBURG - The UCF Business Incubator-Leesburg will host an open house on Tuesday, Feb. 23 from 4 to 6 p.m. at the program’s headquarters facility at 600 Market St. in Leesburg.
Incubator site manager James Spencer said six client companies have already joined the Business Incubation Program in Leesburg and the facility currently can accommodate seven client companies.
The UCF Business Incubator-Leesburg houses the UCF Business Incubation Program as well as UCF’s Small Business Development Center. It is a joint project of the University of Central Florida in Orlando, the City of Leesburg and Lake County, Spencer said.
The Leesburg Business Incubator provides technical assistance and office space to help promising new enterprises accelerate their growth, Spencer explained.
“Our job is to help grow local businesses to create more local employment and improve the local economy,” Spencer said.
The University of Central Florida Incubation Program, which opened 10 years ago, ranks as one of the most successful incubation programs in the U.S.
For more information about this release, please contact:
James Spencer, Site Manager, UCF Business Incubator-Leesburg, 352-315-1846, jspencer@mail.ucf.edu; Gordon Hogan, Director of Operations, UCF Business Incubation Program, 407-882-1157; ghogan@mail.ucf.edu
About the UCF Incubation Program:
Since its founding in 1999, the UCF Business Incubation Program has helped more than 130 emerging companies (including nearly 80 current clients) create over $500 million in annual revenue and more than 1600 new jobs with an average salary of $59,000. With seven 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, The City of Sanford, Lake County, the City of Leesburg, and the Florida High Tech Corridor Council. For more information, please visit http://www.incubator.ucf.edu/
Incubator site manager James Spencer said six client companies have already joined the Business Incubation Program in Leesburg and the facility currently can accommodate seven client companies.
The UCF Business Incubator-Leesburg houses the UCF Business Incubation Program as well as UCF’s Small Business Development Center. It is a joint project of the University of Central Florida in Orlando, the City of Leesburg and Lake County, Spencer said.
The Leesburg Business Incubator provides technical assistance and office space to help promising new enterprises accelerate their growth, Spencer explained.
“Our job is to help grow local businesses to create more local employment and improve the local economy,” Spencer said.
The University of Central Florida Incubation Program, which opened 10 years ago, ranks as one of the most successful incubation programs in the U.S.
For more information about this release, please contact:
James Spencer, Site Manager, UCF Business Incubator-Leesburg, 352-315-1846, jspencer@mail.ucf.edu; Gordon Hogan, Director of Operations, UCF Business Incubation Program, 407-882-1157; ghogan@mail.ucf.edu
About the UCF Incubation Program:
Since its founding in 1999, the UCF Business Incubation Program has helped more than 130 emerging companies (including nearly 80 current clients) create over $500 million in annual revenue and more than 1600 new jobs with an average salary of $59,000. With seven 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, The City of Sanford, Lake County, the City of Leesburg, and the Florida High Tech Corridor Council. For more information, please visit http://www.incubator.ucf.edu/
Crossman & Company Commercial Real Estate Expands Into Georgia, Tennessee, South Carolina
ORLANDO - Crossman & Company (www.crossmanco.com), which ranks as one of the largest third-party retail leasing, management, and development firms in the Southeast, recently expanded into the Georgia, South Carolina and Tennessee markets, taking over leasing and management of five retail centers and ten former Publix Supermarket facilities in the metro Atlanta area and Statesboro, as well as Nashville and Murfeesboro, Tenn. and Hilton Head, S.C.
John Crossman, the president of Crossman & Company who formerly served as a Principal with Trammell Crow Company in Atlanta, said the firm’s focus on retail property leasing, sales and management should prove a strong advantage in Georgia.
Crossman & Company recently assumed responsibility for leasing and management of eight former Publix Super Market facilities and three Publix-anchored shopping centers totaling 800,000 square feet of retail space in the metro Atlanta and Statesboro markets.
Crossman, a frequent speaker at universities and national retail association conferences, said retail property management, leasing and sales is evolving new strategies to respond to current economic conditions.
“Property owners are learning that traditional strategies are not sufficient to meet the demands of today’s asymmetrical retail market,” Crossman said. “Survival in today’s economy requires a closer working relationship between property owners, facility managers and retailers, and innovative strategies to better accommodate both customers and tenants,” he said.
Crossman & Company is responsible for leasing small-shop space within Publix-owned shopping centers, leasing outparcels and all subleasing or lease disposition of former Publix locations, according to Crossman.
* * *
For more information please contact:
John Crossman, CCIM, President, Crossman & Company, 407-581-6218, jcrossman@crossmanco.com
About Crossman & Company:
Crossman & Company is one of the largest third-party retail leasing and management companies in Florida with over 16 million square feet under leasing and/or management. 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 and serves clients including Lakeland based Publix Super Markets, Inc., Lake Nona, PREIT, and LaSalle Investment Management. Please visit www.crossmanco.com, or call 407-423-5400 for more information.
John Crossman, the president of Crossman & Company who formerly served as a Principal with Trammell Crow Company in Atlanta, said the firm’s focus on retail property leasing, sales and management should prove a strong advantage in Georgia.
Crossman & Company recently assumed responsibility for leasing and management of eight former Publix Super Market facilities and three Publix-anchored shopping centers totaling 800,000 square feet of retail space in the metro Atlanta and Statesboro markets.
Crossman, a frequent speaker at universities and national retail association conferences, said retail property management, leasing and sales is evolving new strategies to respond to current economic conditions.
“Property owners are learning that traditional strategies are not sufficient to meet the demands of today’s asymmetrical retail market,” Crossman said. “Survival in today’s economy requires a closer working relationship between property owners, facility managers and retailers, and innovative strategies to better accommodate both customers and tenants,” he said.
Crossman & Company is responsible for leasing small-shop space within Publix-owned shopping centers, leasing outparcels and all subleasing or lease disposition of former Publix locations, according to Crossman.
* * *
For more information please contact:
John Crossman, CCIM, President, Crossman & Company, 407-581-6218, jcrossman@crossmanco.com
About Crossman & Company:
Crossman & Company is one of the largest third-party retail leasing and management companies in Florida with over 16 million square feet under leasing and/or management. 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 and serves clients including Lakeland based Publix Super Markets, Inc., Lake Nona, PREIT, and LaSalle Investment Management. Please visit www.crossmanco.com, or call 407-423-5400 for more information.
NAI Realvest negotiates new lease for Class A office space at Primera Court II in Lake Mary
MAITLAND – NAI Realvest recently negotiated a new lease agreement for 2,760 square feet of class A office space in Primera Court II at 735 Primera Blvd. in Lake Mary.
Senior Associate Mary Frances West, CCIM negotiated the transaction representing the landlord Interchange-Primera II, LLC of Daytona Beach.
Paylocity, a payroll and HR services firm based in Arlington Heights, Ill., leased suite 235 in the building for a new office to serve the Central Florida region. Pamela Grossman of Studley, Inc. out of Chicago represented the tenant.
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For more information, please contact: Mary Frances West, CCIM, Senior Associate NAI Realvest, 407-875-9989 mwest@realvest.com; Patrick Mahoney, President, NAI Realvest, 407-875-9989 pmahoney@realvest.com;
About NAI Realvest: NAI Realvest, 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 www.NAIRealvest.com.
Senior Associate Mary Frances West, CCIM negotiated the transaction representing the landlord Interchange-Primera II, LLC of Daytona Beach.
Paylocity, a payroll and HR services firm based in Arlington Heights, Ill., leased suite 235 in the building for a new office to serve the Central Florida region. Pamela Grossman of Studley, Inc. out of Chicago represented the tenant.
* * *
For more information, please contact: Mary Frances West, CCIM, Senior Associate NAI Realvest, 407-875-9989 mwest@realvest.com; Patrick Mahoney, President, NAI Realvest, 407-875-9989 pmahoney@realvest.com;
About NAI Realvest: NAI Realvest, 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 www.NAIRealvest.com.
Avalon Park in East Orlando braces for wave of new development when Innovation Way–S.R. 528 link opens to Medical City
ORLANDO - Avalon Park in east Orlando is bracing for a wave of new commercial development and new jobs when Orange County opens a temporary interchange in May linking the UCF campus and the Innovation Way corridor with S.R. 528, Lake Nona’s Medical City and Orlando International Airport.
Eric Marks, senior vice president and chief operating officer at Avalon Park Group, said Avalon Park is approaching the halfway point of its approved one million square feet of commercial space, and new development resulting from the transportation link could add as much as 550,000 square feet of commercial space at Avalon Park within five to seven years.
“As the middle link between the UCF campus and the UCF College of Medicine, we’re perfectly located to serve both hubs simultaneously,” Marks explained.
“The economic impact in terms of new employment and new development will benefit the entire east Orlando region, and we anticipate an increase in demand within the first year,” he said.
Medical City, which also includes the new V.A. Hospital, Nemours Children’s Hospital and the Burnham Institute for Medical Research, is expected to generate more than 5,000 new jobs over the next five years, including doctors, medical staff, technicians and support workers. Widening Alafaya Trail will begin next June.
Marks said Avalon Park will benefit from two types of commercial users.
“We will see a significant increase in demand for space to serve our existing community,” Marks said. Avalon Park now includes more than 3,500 homes, with a mixed-use downtown district that includes offices, shops and stores, along with condominiums and rental apartments.
“Downtown Avalon Park is a tremendous asset,” Marks said. “The opportunity to walk out of your office building onto a downtown street within a block or two of dozens of restaurants, cafes, shops and stores is very appealing,” he said.
Avalon Park’s equidistance from the UCF campus and Medical City will attract a second group of service businesses and providers that want to serve both markets, Marks added.
“From service businesses such as health care, insurance and legal to primary employers such as software, telecommunications and research and development firms, Avalon Park offers a unique environment,” he said.
* * *
For more information contact: Eric Marks, Senior Vice President, Avalon Park Group 407-658-6565; ericm@avalonparkgroup.com; Ross Halle, Vice President / Town Planner, Avalon Park Group 407-568-6565; rossh@avalonparkgroup.com; Stephanie Hodson, Marketing Coordinator, Avalon Park Group, 407-658-6565; Stephanie@avalonparkgroup.com; Beat Kahli, Owner/Founder, Avalon Park Group, 407-658-6565
Eric Marks, senior vice president and chief operating officer at Avalon Park Group, said Avalon Park is approaching the halfway point of its approved one million square feet of commercial space, and new development resulting from the transportation link could add as much as 550,000 square feet of commercial space at Avalon Park within five to seven years.
“As the middle link between the UCF campus and the UCF College of Medicine, we’re perfectly located to serve both hubs simultaneously,” Marks explained.
“The economic impact in terms of new employment and new development will benefit the entire east Orlando region, and we anticipate an increase in demand within the first year,” he said.
Medical City, which also includes the new V.A. Hospital, Nemours Children’s Hospital and the Burnham Institute for Medical Research, is expected to generate more than 5,000 new jobs over the next five years, including doctors, medical staff, technicians and support workers. Widening Alafaya Trail will begin next June.
Marks said Avalon Park will benefit from two types of commercial users.
“We will see a significant increase in demand for space to serve our existing community,” Marks said. Avalon Park now includes more than 3,500 homes, with a mixed-use downtown district that includes offices, shops and stores, along with condominiums and rental apartments.
“Downtown Avalon Park is a tremendous asset,” Marks said. “The opportunity to walk out of your office building onto a downtown street within a block or two of dozens of restaurants, cafes, shops and stores is very appealing,” he said.
Avalon Park’s equidistance from the UCF campus and Medical City will attract a second group of service businesses and providers that want to serve both markets, Marks added.
“From service businesses such as health care, insurance and legal to primary employers such as software, telecommunications and research and development firms, Avalon Park offers a unique environment,” he said.
* * *
For more information contact: Eric Marks, Senior Vice President, Avalon Park Group 407-658-6565; ericm@avalonparkgroup.com; Ross Halle, Vice President / Town Planner, Avalon Park Group 407-568-6565; rossh@avalonparkgroup.com; Stephanie Hodson, Marketing Coordinator, Avalon Park Group, 407-658-6565; Stephanie@avalonparkgroup.com; Beat Kahli, Owner/Founder, Avalon Park Group, 407-658-6565
Twitter, Facebook Tools for Commercial Real Estate Executives is Agenda of ICSC Panel Discussion Feb. 25-26 in Tampa
TAMPA - Social media---Twitter, FaceBook, Flickr---and LeadsCommunity.com, a recent web launch designed for commercial real estate professionals, are the focus of a panel discussion at the International Council of Shopping Centers’ Idea Exchange conference scheduled Feb. 25-26 at the Grand Hyatt Hotel in Tampa.
John Crossman, CCIM, president of Crossman & Company, the Orlando firm that ranks as one of the largest third-party retail leasing and management firms in the Southeast will head the panel discussion on social media tools on Friday, Feb. 25.
“We’re going to take an in-depth look at how social media sites and apps are helping commercial real estate executives gain exposure for projects and ultimately get deals done,” Crossman explained.
Panelists including Andrew Gregory, President of eMedia Concepts; Kevin Hourigan, President and CEO of Bayshore Solutions; and Hue Chen, founder of Leadscommunity.com, plan to discuss the latest trends in Facebook, Twitter, Flickr, and real estate-specific sites such as LeadsCommunity.com, Crossman said.
“We will offer tips and best practices to help all skill levels,” Crossman said. “Social networking can be a valuable and highly profitable tool and anyone can learn to do it,” he said.
For details about the West Florida ICSC Idea Exchange, visit http://www.icsc.org/apps/meeting_display.php?meeting=2010WF.
ICSC Next Generation Chairman Justin Greider, senior associate at Crossman & Company, will present a Retail Trends Update during the conference on the same date.
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For more information please contact:
John Crossman, CCIM, President, Crossman & Company, 407-581-6218, jcrossman@crossmanco.com;
Molly Delahunty, Crossman & Company, 407-581-6220 mdelahunty@crossmanco.com
About Crossman & Company:
Crossman & Company is one of the largest third-party retail leasing and management companies in Florida with over 16 million square feet under leasing and/or management. 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 and serves clients including Publix Super Markets, Inc., Lake Nona, PREIT, and LaSalle Investment Management. Please visit www.crossmanco.com, or call 407-423-5400 for more information.
John Crossman, CCIM, president of Crossman & Company, the Orlando firm that ranks as one of the largest third-party retail leasing and management firms in the Southeast will head the panel discussion on social media tools on Friday, Feb. 25.
“We’re going to take an in-depth look at how social media sites and apps are helping commercial real estate executives gain exposure for projects and ultimately get deals done,” Crossman explained.
Panelists including Andrew Gregory, President of eMedia Concepts; Kevin Hourigan, President and CEO of Bayshore Solutions; and Hue Chen, founder of Leadscommunity.com, plan to discuss the latest trends in Facebook, Twitter, Flickr, and real estate-specific sites such as LeadsCommunity.com, Crossman said.
“We will offer tips and best practices to help all skill levels,” Crossman said. “Social networking can be a valuable and highly profitable tool and anyone can learn to do it,” he said.
For details about the West Florida ICSC Idea Exchange, visit http://www.icsc.org/apps/meeting_display.php?meeting=2010WF.
ICSC Next Generation Chairman Justin Greider, senior associate at Crossman & Company, will present a Retail Trends Update during the conference on the same date.
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For more information please contact:
John Crossman, CCIM, President, Crossman & Company, 407-581-6218, jcrossman@crossmanco.com;
Molly Delahunty, Crossman & Company, 407-581-6220 mdelahunty@crossmanco.com
About Crossman & Company:
Crossman & Company is one of the largest third-party retail leasing and management companies in Florida with over 16 million square feet under leasing and/or management. 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 and serves clients including Publix Super Markets, Inc., Lake Nona, PREIT, and LaSalle Investment Management. Please visit www.crossmanco.com, or call 407-423-5400 for more information.
Data Transfer Solutions to Unveil New Transportation Engineering Division at Reception at Embers in Downtown Orlando
ORLANDO – Data Transfer Solutions, LLC the Avalon Park based firm that provides asset management, geographic information systems (GIS) transportation planning, web design, database applications and multimedia production services to local government and regional and state agencies throughout the nation, will host a reception to showcase its new Transportation Engineering Division on Feb. 25 at Embers, 42 W. Central Blvd. in downtown Orlando.
A.M. “Trey” Fragala, II, AICP, PMP, chief operating officer at Data Transfer Solutions, said the firm’s Transportation and Engineering Division includes 12 professionals and specialists who serve state and county transportation departments throughout the U.S.
Staff from the firm’s recently launched subsidiary, Earth Eye will be on hand. Earth Eye provides aerial and terrestrial based LiDAR scanning, orthophotography, photogrammetry and precision mapping. Earth Eye’s custom LiDAR viewing software will be on display as well.
The reception is scheduled for clients, prospective clients and strategic partners from 4:30 to 7 p.m.
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For more information, contact:
A.M. “Trey” Fragala, III, AICP, PMP, Chief Operating Officer, Data Transfer Solutions, 3680 Avalon Park East Blvd., Suite 200, Orlando, 32828; 407-382-5222; tfragala@edats.com
A.M. “Trey” Fragala, II, AICP, PMP, chief operating officer at Data Transfer Solutions, said the firm’s Transportation and Engineering Division includes 12 professionals and specialists who serve state and county transportation departments throughout the U.S.
Staff from the firm’s recently launched subsidiary, Earth Eye will be on hand. Earth Eye provides aerial and terrestrial based LiDAR scanning, orthophotography, photogrammetry and precision mapping. Earth Eye’s custom LiDAR viewing software will be on display as well.
The reception is scheduled for clients, prospective clients and strategic partners from 4:30 to 7 p.m.
* * *
For more information, contact:
A.M. “Trey” Fragala, III, AICP, PMP, Chief Operating Officer, Data Transfer Solutions, 3680 Avalon Park East Blvd., Suite 200, Orlando, 32828; 407-382-5222; tfragala@edats.com
Monday, February 15, 2010
Winston-James Development to offer new single family home floor plan priced from $169,900 at Villages of Royal Palm in Port Orange
PORT ORANGE - Winston-James Development will offer a new single family home floor plan priced from $169,900 at the Villages of Royal Palm, located west of I-95 on Villages of Royal Palm Blvd. off Williamson Blvd. in Port Orange.
Winston Schwartz, president of Winston-James Development, said the floor plan, offering 1,600 square feet, is designed to take advantage of the $6,500 U.S federal tax credit available to qualified move-up buyers.
“With the start of our winter season we anticipate a substantial increase in sales traffic and the $6,500 tax credit comes at a perfect time,” said Schwartz.
Voted as one of America's 100 Best Master Planned Communities by Where to Retire magazine, the Villages of Royal Palm offers new luxury homes priced from the $170s.
Seven new homes at the Villages of Royal Palm are available for immediate move-in, Schwartz said.
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For more information contact: Winston Schwartz, President, Winston-James Development, Inc. Beville Rd., South Daytona, Fla. 32119; 386-760-2555; James Adley, Principal, Winston-James Development, Inc. 386-760-2555
Winston Schwartz, president of Winston-James Development, said the floor plan, offering 1,600 square feet, is designed to take advantage of the $6,500 U.S federal tax credit available to qualified move-up buyers.
“With the start of our winter season we anticipate a substantial increase in sales traffic and the $6,500 tax credit comes at a perfect time,” said Schwartz.
Voted as one of America's 100 Best Master Planned Communities by Where to Retire magazine, the Villages of Royal Palm offers new luxury homes priced from the $170s.
Seven new homes at the Villages of Royal Palm are available for immediate move-in, Schwartz said.
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For more information contact: Winston Schwartz, President, Winston-James Development, Inc. Beville Rd., South Daytona, Fla. 32119; 386-760-2555; James Adley, Principal, Winston-James Development, Inc. 386-760-2555
Friday, February 12, 2010
Only Four Town Homes Remain For Sale at Wekiva Landing in Longwood
ORLANDO - Only four town homes remain for sale at Wekiva Landing, located off Hunt Club Blvd. on Stenhouse Lane in Longwood.
Mark Metheny, president of Lennar’s Central Florida Division, said three-bedroom town homes with screened in patios at Wekiva Landing priced from the $160s range in size from 1,400 square feet of living space to 1,700 square feet.
For more information, contact: Jassy Friddle, Marketing Manager Lennar-Central Florida, 888-317-7489; David Parker, Director of Sales & Marketing Lennar-Orlando Region, 888-317-7489; Mark Metheny, Lennar Division President-Central Florida, 727-479-1700
Mark Metheny, president of Lennar’s Central Florida Division, said three-bedroom town homes with screened in patios at Wekiva Landing priced from the $160s range in size from 1,400 square feet of living space to 1,700 square feet.
For more information, contact: Jassy Friddle, Marketing Manager Lennar-Central Florida, 888-317-7489; David Parker, Director of Sales & Marketing Lennar-Orlando Region, 888-317-7489; Mark Metheny, Lennar Division President-Central Florida, 727-479-1700
University Club of Orlando Hosts National Circle of Friends Reception
ORLANDO - The University Club of Orlando recently hosted the National Circle of Friends seventh anniversary reception for more than 200 urban professionals and future National Circle of Friends receptions are planned, according to Events Director Justin Wright
National Circle of Friends is the nation’s premier networking organization for urban professionals.
Davidson Taylor (L) shakes hands with Paul Stevens, founder of National Circle of Friends
For more information about this press release, contact:
Justin Wright, Membership & Events Director, The University Club of Orlando 407-425-2514; PRIVATEEVENTS@UCLUBORLANDO.COM; Susan Greene, General Manager, The University Club of Orlando; 407-425-2514; gm@ucluborlando.com
Compendium Software Systems, LLC Launches Web-Based Fuel Efficiency Clearinghouse FuelClinic.Com
SANFORD - Compendium Software Systems, LLC recently launched FuelClinic.com, a web-based information clearinghouse that focuses on improving fuel efficiency by improving driving techniques.
Michael Bragg, founder and chief technical officer at Compendium Software Systems, said FuelClinic.com is a global web community with more than 3,300 registered users in the U.S., Canada, Australia, Brazil, the U.K., and Europe. FuelClinic.com should host more than one million users worldwide within five years, Bragg projects.
“If we can grow to help a million motorists improve their fuel efficiency by just 5 or 10 percent, imagine the impact that would have on fuel costs and emissions,” said Bragg.
Registration at FuelClinic.com is free for non-commercial use. The site offers a wide range of information about methods for improving fuel economy, online tools to track users actual fuel mileage over time, and training materials and provides the important performance feedback to motivate motorists to continue to improve their fuel efficiency, Bragg said.
“The easiest way to immediately start saving gas money and reduce dependency on fossil fuels is to learn how to get the most out of every drop of fuel we burn,” Bragg explained. “FuelClinic.com provides users information on how to maximize fuel economy, cut fuel costs and carbon emissions, while reducing vehicle operating costs, traffic congestion, insurance rates and accidents,” Bragg explained.
A commercial version of the software is currently in development.
Compendium Software Systems is a client company of the University of Central Florida Business Incubation Program and headquartered at the UCF Business Incubator on West First Street in downtown Sanford.
About the UCF Incubation Program: Since its founding in 1999, the UCF Business Incubation Program has helped more than 130 emerging companies (including nearly 80 current clients) create over $500 million in annual revenue and more than 1600 new jobs with an average salary of $59,000. With six facilities opened and one under construction 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, The City of Sanford, Lake County, the City of Leesburg, and the Florida High Tech Corridor Council. For more information, please visit www.incubator.ucf.edu
Michael Bragg, founder and chief technical officer at Compendium Software Systems, said FuelClinic.com is a global web community with more than 3,300 registered users in the U.S., Canada, Australia, Brazil, the U.K., and Europe. FuelClinic.com should host more than one million users worldwide within five years, Bragg projects.
“If we can grow to help a million motorists improve their fuel efficiency by just 5 or 10 percent, imagine the impact that would have on fuel costs and emissions,” said Bragg.
Registration at FuelClinic.com is free for non-commercial use. The site offers a wide range of information about methods for improving fuel economy, online tools to track users actual fuel mileage over time, and training materials and provides the important performance feedback to motivate motorists to continue to improve their fuel efficiency, Bragg said.
“The easiest way to immediately start saving gas money and reduce dependency on fossil fuels is to learn how to get the most out of every drop of fuel we burn,” Bragg explained. “FuelClinic.com provides users information on how to maximize fuel economy, cut fuel costs and carbon emissions, while reducing vehicle operating costs, traffic congestion, insurance rates and accidents,” Bragg explained.
A commercial version of the software is currently in development.
Compendium Software Systems is a client company of the University of Central Florida Business Incubation Program and headquartered at the UCF Business Incubator on West First Street in downtown Sanford.
About the UCF Incubation Program: Since its founding in 1999, the UCF Business Incubation Program has helped more than 130 emerging companies (including nearly 80 current clients) create over $500 million in annual revenue and more than 1600 new jobs with an average salary of $59,000. With six facilities opened and one under construction 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, The City of Sanford, Lake County, the City of Leesburg, and the Florida High Tech Corridor Council. For more information, please visit www.incubator.ucf.edu
Lennar Opens Two New Model Town Homes at Camden Landing at Wyndham Lakes in South Orlando
ORLANDO - Lennar recently opened two new model town homes at Camden Landing at Wyndham Lakes located on Rodrick Circle off Town Center Blvd. east of Landstar Blvd. and south of S.R. 417 in south Orlando.
Mark Metheny, president of Lennar’s Central Florida Division, said Lennar is building three and four-bedroom town homes at Camden Landing at Wyndham Lakes that range in size from 1,700 square feet of living space to 1,800 square feet.
New town homes at Camden Landing at Wyndham Lakes are priced from the $130s.
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For more information, contact: David Parker, Director of Sales & Marketing Lennar-Orlando Region, 888-317-7489; Jassy Friddle, Marketing Manager Lennar-Central Florida, 888-317-7489; Mark Metheny, Lennar Division President-Central Florida, 727-479-1700 Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142
Mark Metheny, president of Lennar’s Central Florida Division, said Lennar is building three and four-bedroom town homes at Camden Landing at Wyndham Lakes that range in size from 1,700 square feet of living space to 1,800 square feet.
New town homes at Camden Landing at Wyndham Lakes are priced from the $130s.
* * *
For more information, contact: David Parker, Director of Sales & Marketing Lennar-Orlando Region, 888-317-7489; Jassy Friddle, Marketing Manager Lennar-Central Florida, 888-317-7489; Mark Metheny, Lennar Division President-Central Florida, 727-479-1700 Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142
Centex to Unveil Five New Floor Plans at Sullivan Ranch in Mount Dora
ORLANDO - Pulte Homes, the nation’s largest homebuilder, announced that its Centex Homes brand will unveil five new floor plans this month at Sullivan Ranch, a gated community located on Round Lake Rd. east of U.S. 441 and south of SR 46 in Mount Dora.
Sean Strickler, vice president of sales and marketing for the Pulte’s Central Florida Division, said the new three, four and five-bedroom floor plans range in size from 1,335 square feet of living space to 2,570 square feet.
New single-family homes at Sullivan Ranch are priced from the $140s, Strickler said.
Sullivan Ranch, spread over 300 acres of rolling hills and oak hammocks, offers a community clubhouse with swimming pool, jogging and walking trails, dog park and a large playground with interactive water feature.
For more information, contact: Lyndsey Clarke, Marketing Manager, Pulte Group, 407-661-2150 ext 1416 2301 Lucien Way, Suite 400, Maitland, FL 32751; lyndsey.clarke@pulte.com; Sean C. Strickler, Vice President Sales & Marketing, Pulte Group 407-661-1461 sstrickler@pulte.com
About Pulte: Pulte Homes, Inc., based in Bloomfield Hills, Mich., is one of America’s largest home building companies with operations in 69 markets, 29 states and the District of Columbia. The Company has an unmatched capacity to meet the needs of all buyer segments through its brand portfolio that includes Pulte Homes, Centex and Del Webb, as well as its regional brands of DiVosta Homes (Florida) and Fox & Jacobs (Texas). In 2009, Pulte Homes brands received more top rankings than any other homebuilder in the annual J.D. Power and Associates 2009 New-Home Builder Customer Satisfaction Studysm. Pulte Mortgage LLC is a nationwide lender offering Pulte customers a variety of loan products and superior service.
Sean Strickler, vice president of sales and marketing for the Pulte’s Central Florida Division, said the new three, four and five-bedroom floor plans range in size from 1,335 square feet of living space to 2,570 square feet.
New single-family homes at Sullivan Ranch are priced from the $140s, Strickler said.
Sullivan Ranch, spread over 300 acres of rolling hills and oak hammocks, offers a community clubhouse with swimming pool, jogging and walking trails, dog park and a large playground with interactive water feature.
For more information, contact: Lyndsey Clarke, Marketing Manager, Pulte Group, 407-661-2150 ext 1416 2301 Lucien Way, Suite 400, Maitland, FL 32751; lyndsey.clarke@pulte.com; Sean C. Strickler, Vice President Sales & Marketing, Pulte Group 407-661-1461 sstrickler@pulte.com
About Pulte: Pulte Homes, Inc., based in Bloomfield Hills, Mich., is one of America’s largest home building companies with operations in 69 markets, 29 states and the District of Columbia. The Company has an unmatched capacity to meet the needs of all buyer segments through its brand portfolio that includes Pulte Homes, Centex and Del Webb, as well as its regional brands of DiVosta Homes (Florida) and Fox & Jacobs (Texas). In 2009, Pulte Homes brands received more top rankings than any other homebuilder in the annual J.D. Power and Associates 2009 New-Home Builder Customer Satisfaction Studysm. Pulte Mortgage LLC is a nationwide lender offering Pulte customers a variety of loan products and superior service.
Beazer Homes Building 13 New Town Homes at Sawgrass Village In Pinellas Park That Qualify For $8,000 Tax Credit
PINELLAS PARK - Beazer Homes has started construction of 13 new town homes priced from $125,700 at Sawgrass Village, located at 4734 68th Terrace, off 49th St. in Pinellas Park.
Kareyann Rhodes, sales manager for Beazer Homes in the Tampa Bay region, said she expects to sell all 13 new homes---and six more homes besides---before the end of June, and she’s thanking the $8,000 tax credit incentive for first-time home buyers for the sales surge.
“We’ve gotten a lot of queries from prospective first-time home buyers,” Rhodes said. “The $8,000 tax credit, coupled with low prices and builder incentives and great mortgage interest rates have created a unique opportunity to buy a new home,” she said.
Those builder incentives – Beazer has six town homes at Sawgrass Village equipped with upgraded stainless steal appliances – add no additional cost for a limited time.
And the builder incentives are important, Rhodes said. “Many buyers are shopping home builders right now, expecting to make their decision and be under contract by April 30 in time to qualify for the tax credit June closing deadline,” she said.
Rhodes said the new town homes under construction at Sawgrass Village range from 1,208 square feet of living space to 1,609 square feet, and all are built with the Beazer eSMART features that increase energy and water efficiency and indoor air quality.
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For more information, contact:
Kareyann Rhodes, Sales Manager, Beazer Homes/Tampa Division 813-663-9002 Krhodes@beazer.com; Theresa Tilton, Vice President of Sales Beazer Homes/Florida 407-339-4114; ttilton@beazer.com; David Byrnes President Beazer Homes / Florida 407-339-4114 dbyrnes@beazer.com
About Beazer Homes: Beazer Homes, headquartered in Atlanta, is one of the country's 10 largest single-family homebuilders with operations in 17 states. Beazer Homes is listed on the New York Stock Exchange under the ticker symbol "BZH."
Kareyann Rhodes, sales manager for Beazer Homes in the Tampa Bay region, said she expects to sell all 13 new homes---and six more homes besides---before the end of June, and she’s thanking the $8,000 tax credit incentive for first-time home buyers for the sales surge.
“We’ve gotten a lot of queries from prospective first-time home buyers,” Rhodes said. “The $8,000 tax credit, coupled with low prices and builder incentives and great mortgage interest rates have created a unique opportunity to buy a new home,” she said.
Those builder incentives – Beazer has six town homes at Sawgrass Village equipped with upgraded stainless steal appliances – add no additional cost for a limited time.
And the builder incentives are important, Rhodes said. “Many buyers are shopping home builders right now, expecting to make their decision and be under contract by April 30 in time to qualify for the tax credit June closing deadline,” she said.
Rhodes said the new town homes under construction at Sawgrass Village range from 1,208 square feet of living space to 1,609 square feet, and all are built with the Beazer eSMART features that increase energy and water efficiency and indoor air quality.
* * *
For more information, contact:
Kareyann Rhodes, Sales Manager, Beazer Homes/Tampa Division 813-663-9002 Krhodes@beazer.com; Theresa Tilton, Vice President of Sales Beazer Homes/Florida 407-339-4114; ttilton@beazer.com; David Byrnes President Beazer Homes / Florida 407-339-4114 dbyrnes@beazer.com
About Beazer Homes: Beazer Homes, headquartered in Atlanta, is one of the country's 10 largest single-family homebuilders with operations in 17 states. Beazer Homes is listed on the New York Stock Exchange under the ticker symbol "BZH."
Thursday, February 11, 2010
Grayman Construction Management Service Appoints Clinton Cooper Director of Business Development
SANFORD - Grayman Construction Management Service, LLC, headquartered at the UCF Business Incubator in Sanford, recently appointed Clinton Cooper director of business development.
Timothy Grayman, president of Grayman Construction Management Service, said Cooper has more than 17 years of experience in banking and finance, construction, land acquisition, and community development.
Cooper formerly worked in project management, land acquisition and development, and purchasing with Ryland Homes in the Orlando region and was a financial specialist with First Union National Bank.
Cooper graduated from the University of Florida and is currently working toward his MBA.
For more information, contact: Timothy Grayman, President, Grayman Construction Management Service, LLC. 786-449-9871; Rafael Caamano, UCF Business Incubation Program, 407-407-4297, rcaamano@mail.ucf.edu
About Grayman Construction Management Service: Grayman Construction Management Service, a full service construction company established in 2005, currently has offices in Sanford, Miami and Port Charlotte, Fla. The principals have significant background and expertise in high-end retail, mixed-use development, educational, healthcare, aviation, restaurant and residential projects.
About the UCF Incubation Program: Since its founding in 1999, the UCF Business Incubation Program has helped more than 130 emerging companies (including nearly 80 current clients) create over $500 million in annual revenue and more than 1600 new jobs with an average salary of $59,000. With six facilities opened and one under construction 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, The City of Sanford, Lake County, the City of Leesburg, and the Florida High Tech Corridor Council. For more information, please visit www.incubator.ucf.edu
Timothy Grayman, president of Grayman Construction Management Service, said Cooper has more than 17 years of experience in banking and finance, construction, land acquisition, and community development.
Cooper formerly worked in project management, land acquisition and development, and purchasing with Ryland Homes in the Orlando region and was a financial specialist with First Union National Bank.
Cooper graduated from the University of Florida and is currently working toward his MBA.
For more information, contact: Timothy Grayman, President, Grayman Construction Management Service, LLC. 786-449-9871; Rafael Caamano, UCF Business Incubation Program, 407-407-4297, rcaamano@mail.ucf.edu
About Grayman Construction Management Service: Grayman Construction Management Service, a full service construction company established in 2005, currently has offices in Sanford, Miami and Port Charlotte, Fla. The principals have significant background and expertise in high-end retail, mixed-use development, educational, healthcare, aviation, restaurant and residential projects.
About the UCF Incubation Program: Since its founding in 1999, the UCF Business Incubation Program has helped more than 130 emerging companies (including nearly 80 current clients) create over $500 million in annual revenue and more than 1600 new jobs with an average salary of $59,000. With six facilities opened and one under construction 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, The City of Sanford, Lake County, the City of Leesburg, and the Florida High Tech Corridor Council. For more information, please visit www.incubator.ucf.edu
Crossman & Company Celebrates 20th Anniversary
ORLANDO - Crossman & Company, the Orlando firm that ranks as one of the largest third-party retail leasing and management firms in the Southeast, is celebrating its 20th anniversary this year.
John M. Crossman, CCIM, president of Crossman & Company, said the firm currently leases and manages retail properties that total more than 16 million square feet of space throughout the Southeast.
Scott E. Crossman, CCIM, founder and chief executive officer of Crossman & Company, opened the doors in 1990 in a small office in downtown Orlando.
For more information please contact: John Crossman, CCIM, President, Crossman & Company, 407-581-6218, jcrossman@crossmanco.com
About Crossman & Company: Crossman & Company is one of the largest third-party retail leasing and management companies in Florida with over 16 million square feet under leasing and/or management. 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 and serves clients including Publix Super Markets, Inc., Lake Nona, PREIT, and LaSalle Investment Management. Please visit www.crossmanco.com, or call 407-423-5400 for more information.
John M. Crossman, CCIM, president of Crossman & Company, said the firm currently leases and manages retail properties that total more than 16 million square feet of space throughout the Southeast.
Scott E. Crossman, CCIM, founder and chief executive officer of Crossman & Company, opened the doors in 1990 in a small office in downtown Orlando.
For more information please contact: John Crossman, CCIM, President, Crossman & Company, 407-581-6218, jcrossman@crossmanco.com
About Crossman & Company: Crossman & Company is one of the largest third-party retail leasing and management companies in Florida with over 16 million square feet under leasing and/or management. 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 and serves clients including Publix Super Markets, Inc., Lake Nona, PREIT, and LaSalle Investment Management. Please visit www.crossmanco.com, or call 407-423-5400 for more information.
Mattamy Homes US Group names Mario Carrera New Home Counselor in Orlando Region
WINTER PARK - Mattamy Homes US Group, the U.S. division of Canada’s largest home builder, recently appointed Mario Carrera a new home counselor in its Orlando Division.
Steve Parker, president of Mattamy Homes US Group, said Carrera is bilingual (English/Spanish) and has more than 12 years of experience in new home sales in Central Florida.
Throughout his career Carrera consistently ranked among the top three in sales at formerly held sales executive positions with national homebuilders and developers in Central Florida. He was most recently a sales consultant for Prime Home Builders.
Carrera will be assisting new home buyers at Mattamy’s Orlando communities of Tuscany Place off Millennia Blvd. and Lake Burden in Windermere.
For more information contact: Kelly Parker, Mattamy Homes Orlando 407-599-2228 Kelly.Parker@mattamyhomes.com
About Mattamy Homes: Mattamy Homes, www.mattamyhomes.com, expanded into the U.S. in 2003 and is headquartered in Winter Park, FL with divisions in Orlando, FL; Jacksonville, FL; Phoenix, AZ; Minneapolis, MN; and Charlotte, NC. The homebuilder, the largest and most active in Canada with annual revenues exceeding $1.3 billion, was ranked among the highest of all homebuilders in the greater Toronto and Ottawa areas in a nationwide customer satisfaction survey conducted by J.D. Power Associates.
Steve Parker, president of Mattamy Homes US Group, said Carrera is bilingual (English/Spanish) and has more than 12 years of experience in new home sales in Central Florida.
Throughout his career Carrera consistently ranked among the top three in sales at formerly held sales executive positions with national homebuilders and developers in Central Florida. He was most recently a sales consultant for Prime Home Builders.
Carrera will be assisting new home buyers at Mattamy’s Orlando communities of Tuscany Place off Millennia Blvd. and Lake Burden in Windermere.
For more information contact: Kelly Parker, Mattamy Homes Orlando 407-599-2228 Kelly.Parker@mattamyhomes.com
About Mattamy Homes: Mattamy Homes, www.mattamyhomes.com, expanded into the U.S. in 2003 and is headquartered in Winter Park, FL with divisions in Orlando, FL; Jacksonville, FL; Phoenix, AZ; Minneapolis, MN; and Charlotte, NC. The homebuilder, the largest and most active in Canada with annual revenues exceeding $1.3 billion, was ranked among the highest of all homebuilders in the greater Toronto and Ottawa areas in a nationwide customer satisfaction survey conducted by J.D. Power Associates.
Stirling Sotheby’s International Realty Appoints Former FDIC Director as Luxury Property Associate
ORLANDO - Stirling Sotheby’s International Realty has appointed former FDIC director John Carter an associate in its downtown Orlando World Marketing Center.
Roger Soderstrom, founder and owner of Stirling Sotheby’s International Realty, said Carter retired last year as director of the San Francisco office of the Federal Deposit Insurance Corp. and has more than 35 years of experience with the agency.
Soderstrom said Carter is a licensed Florida Realtor and Certified Short Sale Specialist. The Washington native earned his B.S. Degree in Business Administration from Northeastern University in Boston and a graduate degree from the Stonier Graduate School of Banking at Rutgers University.
Soderstrom said Carter will represent executive and upper tier luxury properties throughout the Central Florida area and will also be heavily involved with Stirling Sotheby’s International Realty’s exclusive Workout Team, providing solutions to assist lenders, community developers and home builders market their properties.
For more information contact: Roger Soderstrom, Founder/Owner Stirling Sotheby’s International Realty 407-581-7890
About Stirling Sotheby’s International Realty: Stirling Sotheby’s International Realty is affiliated with Sotheby’s International Realty, the largest luxury real estate brand in the world. Stirling Sotheby’s exclusive services include luxury residential, new homes, commercial, property management, in addition to supporting builders, developers, lenders, and asset managers. The company operates three performance zones which serve all of Central Florida. Visit http://www.stirlingsir.com/.
NAI Realvest Negotiates New Long Term Lease for 32,736 square foot Industrial Building in Orlando
MAITLAND – NAI Realvest recently negotiated a new long-term lease agreement for a 32,736 square foot industrial building at 6363 Edgewater Drive in Orlando.
Sean DuPree CCIM, associate at NAI Realvest, negotiated the transaction representing the tenant, Allied Building Products Corp., headquartered in East Rutherford, N.J.
The landlord for the 25 year-old building is Orlando-based Smyth Lumber Company Trust No.1 who was represented by Matt Sullivan and Wilson McDowell at Colliers Arnold.
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For more information contact: Sean DuPree, CCIM, NAI Realvest 407-875-9989; sdupree@realvest.com; Patrick Mahoney, President, NAI Realvest 407-875-9989 pmahoney@realvest.com
About NAI Realvest: NAI 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 www.NAIRealvest.com.
Sean DuPree CCIM, associate at NAI Realvest, negotiated the transaction representing the tenant, Allied Building Products Corp., headquartered in East Rutherford, N.J.
The landlord for the 25 year-old building is Orlando-based Smyth Lumber Company Trust No.1 who was represented by Matt Sullivan and Wilson McDowell at Colliers Arnold.
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For more information contact: Sean DuPree, CCIM, NAI Realvest 407-875-9989; sdupree@realvest.com; Patrick Mahoney, President, NAI Realvest 407-875-9989 pmahoney@realvest.com
About NAI Realvest: NAI 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 www.NAIRealvest.com.
Lennar to Host “From The Vine Goes The Grape” Festival at Heritage Hills Feb. 27 in Clermont
ORLANDO - Lennar will host “From the Vine Goes the Grape” Festival from noon to 3 p.m. Saturday, Feb. 27 at Heritage Hills in Clermont, located on Heritage Hills Blvd. off Hancock Road south of S.R. 50.
Mark Metheny, president of Lennar’s Central Florida Division, said the Mediterranean-themed festival will feature foods, with entertainment and the public is invited.
Admission to “From the Vine Goes the Grape” is free, Metheny said.
Heritage Hills, Welcome Home Center, is located at 3195 Heritage Hills Blvd, Clermont, Florida, 34711. For more information about the “From the Vine Goes the Grape” festival call 888-216-1988 or 888-317-7489.
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For more information, contact: David Parker, Director of Sales & Marketing Lennar-Orlando Region, 888-317-7489; Jassy Friddle, Marketing Manager Lennar-Central Florida, 888-317-7489; Mark Metheny, Lennar Division President-Central Florida, 727-479-1700
Mark Metheny, president of Lennar’s Central Florida Division, said the Mediterranean-themed festival will feature foods, with entertainment and the public is invited.
Admission to “From the Vine Goes the Grape” is free, Metheny said.
Heritage Hills, Welcome Home Center, is located at 3195 Heritage Hills Blvd, Clermont, Florida, 34711. For more information about the “From the Vine Goes the Grape” festival call 888-216-1988 or 888-317-7489.
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For more information, contact: David Parker, Director of Sales & Marketing Lennar-Orlando Region, 888-317-7489; Jassy Friddle, Marketing Manager Lennar-Central Florida, 888-317-7489; Mark Metheny, Lennar Division President-Central Florida, 727-479-1700
Home Owner Associations Seeking Legal Help to Stem Tide of Foreclosures, Lost Dues
ORLANDO - The wave of housing foreclosures in the Orlando area has generated a big increase in legal work for Orlando attorney Mark Lippman.
Lippman, whose law practice has offices in Orlando and Kissimmee, focuses on real estate law and represents home owner associations and condominium associations who want to recover association fees from foreclosed home owners who fail to meet their obligations.
“When somebody stops paying their mortgage, they often stop paying their homeowner association fees or condo association fees,” Lippman explained. “That creates a deficit that the association has to recoup, either by recovering fees, raising fees of the other home owners in the neighborhood or by taking such legal action as declaring bankruptcy,” he said.
Home owner association bankruptcy was almost unheard of before the real estate downturn and the current spate of foreclosures, Lippman said, but it’s becoming more and more common.
Generally, Lippman said, an association will file a lien against the property owner who isn’t paying association fees.
Generally, Lippman said, an association will file a lien against the property owner who isn’t paying association fees.
Once a foreclosure process is initiated, the mortgage company may take over the property as the new owner, the property can be sold at auction, or the owner can initiate a ‘short sale’ to a new owner.
“Because the lender foreclosure process takes such a long time, some associations will initiate foreclosure proceedings, taking over ownership of the property and either selling the property to recover their fees, or renting the property out and getting their fees back that way,” Lippman said.
Concurrently, the mortgage company will proceed with its foreclosure case and eventually take ownership of the property. In that case, Lippman said, the association can charge back fees and dues to the lender that has ownership of the property.
Lippman, who has been practicing law since 2000, entered private practice in 2004. In Fort Lauderdale, as an associate with a law firm that focused solely on homeowner associations and condo associations, he responsible for more than 30,000 homes.
“We’re now approaching that number again, but under entirely different circumstances,” Lippman said.
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For more information about this press release, contact: Mark Lippman, Esq., Lippman Law Offices, 255 S. Orange Ave. Orlando; 407-648-4213; LippmanLaw@aol.com
ABD Development to Start Construction of New Executive Series Luxury Homes at Toscana in Palm Coast
PALM COAST - ABD Development plans to start construction of a new executive series of designer luxury homes in April at Toscana, the gated luxury neighborhood ABD Development is developing on Old Kings Road in Palm Coast in Flagler County.
David Kohn, president of ABD Development, said the new executive series designer homes are smaller, smarter luxury homes that range in size from 2,436 square feet of living space priced from $379,000.
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For more information contact: David Kohn, President, ABD Development Company 407-370-6400; Alene Raskin, Marketing Manager, ABD Development Company 407-370-6400
David Kohn, president of ABD Development, said the new executive series designer homes are smaller, smarter luxury homes that range in size from 2,436 square feet of living space priced from $379,000.
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For more information contact: David Kohn, President, ABD Development Company 407-370-6400; Alene Raskin, Marketing Manager, ABD Development Company 407-370-6400
Mattamy Homes Opens Richmond Model Home at Covenant Cove – Closest New Home Construction Single-Family Neighborhood to the Beaches
JACKSONVILLE - Mattamy Homes U.S. Group, recently opened the Richmond model home at Covenant Cove, located off Beach Blvd. in Jacksonville four miles from the beach.
Kerry Soltis, marketing manager for Mattamy Homes in the Jacksonville region, said the Richmond model offers three bedrooms, a study or optional fourth bedroom, and two-and-a-half baths in 2,514 square feet of living space with an over-sized second level loft, a unique split three-car garage and priced from $248,990.
Mattamy Homes has 40 homesites remaining with 60-foot widths at Covenant Cove for new, three, four and five-bedroom single-family homes in one and two-story designs that range from 1,500 to 2,900 square feet of living space and priced from the low $200s.
In the Jacksonville area, Covenant Cove is the closest neighborhood to the beaches with new home construction, Soltis said.
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For more information, contact: Kerry Soltis, Marketing Manager, Mattamy Homes-Jacksonville 904-279-9502; Dennis Ginder, Division President Mattamy Homes-Jacksonville 904-279-9500
About Mattamy Homes: Mattamy Homes expanded into the U.S. in 2003 and has divisions in Jacksonville, Orlando, Charlotte, Phoenix and Minneapolis. The homebuilder is the largest and most active in Canada with annual revenues exceeding $1.3 billion. Visit www.mattamyhomes.com.
Kerry Soltis, marketing manager for Mattamy Homes in the Jacksonville region, said the Richmond model offers three bedrooms, a study or optional fourth bedroom, and two-and-a-half baths in 2,514 square feet of living space with an over-sized second level loft, a unique split three-car garage and priced from $248,990.
Mattamy Homes has 40 homesites remaining with 60-foot widths at Covenant Cove for new, three, four and five-bedroom single-family homes in one and two-story designs that range from 1,500 to 2,900 square feet of living space and priced from the low $200s.
In the Jacksonville area, Covenant Cove is the closest neighborhood to the beaches with new home construction, Soltis said.
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For more information, contact: Kerry Soltis, Marketing Manager, Mattamy Homes-Jacksonville 904-279-9502; Dennis Ginder, Division President Mattamy Homes-Jacksonville 904-279-9500
About Mattamy Homes: Mattamy Homes expanded into the U.S. in 2003 and has divisions in Jacksonville, Orlando, Charlotte, Phoenix and Minneapolis. The homebuilder is the largest and most active in Canada with annual revenues exceeding $1.3 billion. Visit www.mattamyhomes.com.
Cuhaci & Peterson Architects Awarded Contract to Design Renovations for 97,000 Square Foot Retail Center in Immokalee
ORLANDO - Cuhaci & Peterson Architects, LLC based in Orlando’s Baldwin Park, was recently awarded a contract to design renovations for a 97,000 square foot retail center located at Lake Trafford Road and SR 29 in Immokalee.
Lonnie Peterson, chairman of Cuhaci & Peterson Architects, said Royal Companies of Immokalee awarded the contract.
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For more information, contact: Lonnie Peterson, Chairman Cuhaci & Peterson Architects, LLC, 407-661-9100; Jed Downs, President Cuhaci & Peterson Architects, LLC, 407-661-9100
Lonnie Peterson, chairman of Cuhaci & Peterson Architects, said Royal Companies of Immokalee awarded the contract.
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For more information, contact: Lonnie Peterson, Chairman Cuhaci & Peterson Architects, LLC, 407-661-9100; Jed Downs, President Cuhaci & Peterson Architects, LLC, 407-661-9100
NAI Realvest Negotiates Sales of Two Industrial buildings at Orange and Seminole County industrial centers for $1.78 Million
ORLANDO – NAI Realvest recently negotiated two sales totaling $1.78 million for two industrial properties in Orlando and Longwood.
Michael Heidrich, principal at NAI Realvest, represented Conquistador Realty Holdings Inc. of Miami, the seller of a 32,000 square foot industrial facility at 3941 Bryn Mawr St. in Orlando.
Overland Holding Corporation of Altamonte Springs purchased the property for $1,300,000 and was represented in the transaction by Joe Ardolina.
Heidrich also negotiated the sale of a 5,250 square foot industrial building at 370 North St. in Longwood representing the Newport News, Va.-based seller, Ferguson Enterprises, Inc. The buyer, Structural Contactors South, Inc. of Winter Park represented by Lee Ungaro of Charles Rutenberg Realty, paid $480,000 for the property.
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For more information, please contact: Michael Heidrich, Principal NAI Realvest, 407-875-9989 mheidrich@realvest.com; Patrick Mahoney, President, NAI Realvest 407-875-9989 pmahoney@realvest.com
About NAI Realvest: NAI 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 www.NAIRealvest.com.
Michael Heidrich, principal at NAI Realvest, represented Conquistador Realty Holdings Inc. of Miami, the seller of a 32,000 square foot industrial facility at 3941 Bryn Mawr St. in Orlando.
Overland Holding Corporation of Altamonte Springs purchased the property for $1,300,000 and was represented in the transaction by Joe Ardolina.
Heidrich also negotiated the sale of a 5,250 square foot industrial building at 370 North St. in Longwood representing the Newport News, Va.-based seller, Ferguson Enterprises, Inc. The buyer, Structural Contactors South, Inc. of Winter Park represented by Lee Ungaro of Charles Rutenberg Realty, paid $480,000 for the property.
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For more information, please contact: Michael Heidrich, Principal NAI Realvest, 407-875-9989 mheidrich@realvest.com; Patrick Mahoney, President, NAI Realvest 407-875-9989 pmahoney@realvest.com
About NAI Realvest: NAI 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 www.NAIRealvest.com.
Ashton Woods Homes Appoints Justin Anselmo New Home Sales Associate at Thornhill in Windermere
ORLANDO- Ashton Woods Homes recently appointed Justin Anselmo a new home sales associate at Thornhill, located off Reams Rd. and SR 535 in Windermere.
Michael Roche, vice president of sales and marketing at Ashton Woods Homes in the Orlando region, said Anselmo is a recent graduate of Florida State University in Tallahassee.
Ashton Woods Homes is a subsidiary of the Great Gulf Group of companies, a North American real estate conglomerate headquartered in Toronto, and currently has communities under development in Houston, Dallas, Atlanta, Phoenix, Tampa, Denver and Orlando.
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For more information, contact:
Michael Roche, VP Sales & Marketing Ashton Woods Homes Orlando-Tampa 407-647-3700; John Reny, President, Ashton Woods Homes Orlando-Tampa 407-647-3700
Michael Roche, vice president of sales and marketing at Ashton Woods Homes in the Orlando region, said Anselmo is a recent graduate of Florida State University in Tallahassee.
Ashton Woods Homes is a subsidiary of the Great Gulf Group of companies, a North American real estate conglomerate headquartered in Toronto, and currently has communities under development in Houston, Dallas, Atlanta, Phoenix, Tampa, Denver and Orlando.
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For more information, contact:
Michael Roche, VP Sales & Marketing Ashton Woods Homes Orlando-Tampa 407-647-3700; John Reny, President, Ashton Woods Homes Orlando-Tampa 407-647-3700
Wednesday, February 10, 2010
Top Commercial Real Estate Executive Warns of Commercial Property Foreclosures at Tampa Distressed Property Summit
ORLANDO - The nationwide economic downturn will result in an increase in commercial real estate foreclosures this year, one of the region’s top commercial property executives told a Tampa real estate summit recently.
Jeff Sweeney, SIOR, president of Grubb & EllisCommercial Florida, with offices in Tampa, Orlando and Melbourne, moderated a panel discussion at the Tampa Distressed Real Estate Summit.
The Tampa Distressed Real Estate Summit was sponsored by the Real Estate Communications Group.
“Commercial property owners are facing some of the same sorts of financial challenges that home owners have been facing and the result is a substantial increase in the volume of distressed properties throughout Florida,” Sweeney told the group.
“Property owners who are losing tenants or granting concessions in order to keep their buildings filled are having difficulty making payments on their commercial property loans, and that adds tremendous pressure to banks,” Sweeney said.
Sweeney’s panel focused on adding value to distressed assets.
Ray Hayhurst, an associate at Grubb & EllisCommercial Florida, and Don Lombardi, who heads Commercial Florida Advisors, an affiliate of Grubb & EllisCommercial Florida in Tampa, also moderated panel discussions on evaluating commercial properties and partially completed construction projects.
Sweeney predicts that Grubb & EllisCommercial Florida will see a 30 percent increase in 2010 distressed commercial property sales over 2009 levels, as a result of the economic downturn.
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About Grubb & EllisCommercial Florida: Grubb & EllisCommercial Florida is an affiliated commercial real estate services firm specializing in the leasing and sale of office, industrial, retail, land and investment properties. Currently Grubb & EllisCommercial Florida has 40 brokers divided among its Orlando, Melbourne and Tampa offices to serve the entire mid-Florida marketplace.
About Grubb & Ellis: Named to The Global Outsourcing 100™ in 2009 by the International Association of Outsourcing Professionals™, Grubb & Ellis Company (NYSE: GBE) is one of the largest and most respected commercial real estate services and investment companies in the world. Our 6,000 professionals in more than 130 company-owned and affiliate offices draw from a unique platform of real estate services, practice groups and investment products to deliver comprehensive, integrated solutions to real estate owners, tenants and investors. The firm’s transaction, management, consulting and investment services are supported by highly regarded proprietary market research and extensive local expertise. Through Grubb & Ellis Realty Investors, the company is a leading sponsor of real estate investment programs that provide individuals and institutions the opportunity to invest in a broad range of real estate investment vehicles, including public non-traded real estate investment trusts (REITs), tenant-in-common (TIC) investments suitable for tax-deferred 1031 exchanges and other real estate investment funds. For more information, visit www.grubb-ellis.com.
CONTACT: Jeff Sweeney, SIOR 407-481-5387, 315 E. Robinson St. Suite 555, Orlando, FL 32801, www.commercialfl.com
Jeff Sweeney, SIOR, president of Grubb & EllisCommercial Florida, with offices in Tampa, Orlando and Melbourne, moderated a panel discussion at the Tampa Distressed Real Estate Summit.
The Tampa Distressed Real Estate Summit was sponsored by the Real Estate Communications Group.
“Commercial property owners are facing some of the same sorts of financial challenges that home owners have been facing and the result is a substantial increase in the volume of distressed properties throughout Florida,” Sweeney told the group.
“Property owners who are losing tenants or granting concessions in order to keep their buildings filled are having difficulty making payments on their commercial property loans, and that adds tremendous pressure to banks,” Sweeney said.
Sweeney’s panel focused on adding value to distressed assets.
Ray Hayhurst, an associate at Grubb & EllisCommercial Florida, and Don Lombardi, who heads Commercial Florida Advisors, an affiliate of Grubb & EllisCommercial Florida in Tampa, also moderated panel discussions on evaluating commercial properties and partially completed construction projects.
Sweeney predicts that Grubb & EllisCommercial Florida will see a 30 percent increase in 2010 distressed commercial property sales over 2009 levels, as a result of the economic downturn.
* * *
About Grubb & EllisCommercial Florida: Grubb & EllisCommercial Florida is an affiliated commercial real estate services firm specializing in the leasing and sale of office, industrial, retail, land and investment properties. Currently Grubb & EllisCommercial Florida has 40 brokers divided among its Orlando, Melbourne and Tampa offices to serve the entire mid-Florida marketplace.
About Grubb & Ellis: Named to The Global Outsourcing 100™ in 2009 by the International Association of Outsourcing Professionals™, Grubb & Ellis Company (NYSE: GBE) is one of the largest and most respected commercial real estate services and investment companies in the world. Our 6,000 professionals in more than 130 company-owned and affiliate offices draw from a unique platform of real estate services, practice groups and investment products to deliver comprehensive, integrated solutions to real estate owners, tenants and investors. The firm’s transaction, management, consulting and investment services are supported by highly regarded proprietary market research and extensive local expertise. Through Grubb & Ellis Realty Investors, the company is a leading sponsor of real estate investment programs that provide individuals and institutions the opportunity to invest in a broad range of real estate investment vehicles, including public non-traded real estate investment trusts (REITs), tenant-in-common (TIC) investments suitable for tax-deferred 1031 exchanges and other real estate investment funds. For more information, visit www.grubb-ellis.com.
CONTACT: Jeff Sweeney, SIOR 407-481-5387, 315 E. Robinson St. Suite 555, Orlando, FL 32801, www.commercialfl.com
Stirling Sotheby’s International Realty named exclusive sales and marketing agents for Custom Home Builder’s Keith Fields Mount Dora Estate Home
ORLANDO- Stirling Sotheby’s International Realty’s was recently named exclusive sales and marketing agents for a custom built estate home by Keith Fields with a two acre Lake Dora Home site at 3835 Lake Shore Drive in Mount Dora.
Janice McGeough, certified luxury home marketing specialist at Stirling Sotheby’s International Realty, said the 6,719 square foot estate home offers a total of 9,081 square feet under roof, with four bedrooms, six and one-half baths, a three car garage a separate guest cottage and a private boat/seaplane dock on Lake Dora.
The spectacular New England traditional home is priced at $2,950,000.
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For more information contact:
Janice McGeough, Stirling Sotheby's International Realty, 352-217-0465; jmcgeough@stirlingsir.com; Roger Soderstrom, Founder/Owner, Stirling Sotheby’s International Realty 407-581-7890; rsoderstrom@stirlingSIR.com
About Stirling Sotheby’s International Realty:
Stirling Sotheby’s International Realty is affiliated with Sotheby’s International Realty, the largest luxury real estate brand in the world. Stirling Sotheby’s exclusive services include luxury residential, new homes, commercial, property management, in addition to supporting builders, developers, lenders, and asset managers. The company operates three performance centers which serve all of Central Florida.
Janice McGeough, certified luxury home marketing specialist at Stirling Sotheby’s International Realty, said the 6,719 square foot estate home offers a total of 9,081 square feet under roof, with four bedrooms, six and one-half baths, a three car garage a separate guest cottage and a private boat/seaplane dock on Lake Dora.
The spectacular New England traditional home is priced at $2,950,000.
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For more information contact:
Janice McGeough, Stirling Sotheby's International Realty, 352-217-0465; jmcgeough@stirlingsir.com; Roger Soderstrom, Founder/Owner, Stirling Sotheby’s International Realty 407-581-7890; rsoderstrom@stirlingSIR.com
About Stirling Sotheby’s International Realty:
Stirling Sotheby’s International Realty is affiliated with Sotheby’s International Realty, the largest luxury real estate brand in the world. Stirling Sotheby’s exclusive services include luxury residential, new homes, commercial, property management, in addition to supporting builders, developers, lenders, and asset managers. The company operates three performance centers which serve all of Central Florida.
Mattamy Homes Starts Presales of 54 Town Homes Priced From the Low $100s at Cornerstone at Watermill in Argyle Forest Area
JACKSONVILLE - Mattamy Homes U.S. Group, the U.S. division of Canada’s largest home builder, has started presales of 54 town homes priced from the low $100s at Cornerstone at Watermill, located off Argyle Forest Blvd. at Oakleaf Village Parkway in Duval County.
Kerry Soltis, marketing manager for Mattamy Homes in the Jacksonville region, said new three-bedroom town homes at Cornerstone at Watermill range in size from 1,500 square feet of living space to 1,700 square feet with one and two-car garages.
Mattamy Homes has started construction of the first four new town homes at Cornerstone at Watermill.
Mattamy’s Cornerstone at Watermill sales center will open in March, Soltis said.
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For more information, contact:
Kerry Soltis, Marketing Manager, Mattamy Homes-Jacksonville 904-279-9502; Dennis Ginder, Division President Mattamy Homes-Jacksonville 904-279-9500
About Mattamy Homes: Mattamy Homes expanded into the U.S. in 2003 and has divisions in Jacksonville, Orlando, Charlotte, Phoenix and Minneapolis. The homebuilder is the largest and most active in Canada with annual revenues exceeding $1.3 billion. Visit www.mattamyhomes.com.
Kerry Soltis, marketing manager for Mattamy Homes in the Jacksonville region, said new three-bedroom town homes at Cornerstone at Watermill range in size from 1,500 square feet of living space to 1,700 square feet with one and two-car garages.
Mattamy Homes has started construction of the first four new town homes at Cornerstone at Watermill.
Mattamy’s Cornerstone at Watermill sales center will open in March, Soltis said.
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For more information, contact:
Kerry Soltis, Marketing Manager, Mattamy Homes-Jacksonville 904-279-9502; Dennis Ginder, Division President Mattamy Homes-Jacksonville 904-279-9500
About Mattamy Homes: Mattamy Homes expanded into the U.S. in 2003 and has divisions in Jacksonville, Orlando, Charlotte, Phoenix and Minneapolis. The homebuilder is the largest and most active in Canada with annual revenues exceeding $1.3 billion. Visit www.mattamyhomes.com.
Cuhaci & Peterson Architects Awarded Contract to Design 3,000 Square Foot Tenant Interior Improvements at Orlando Gateway
ORLANDO - Cuhaci & Peterson Architects in Orlando was recently awarded a contract to design 3,000 square feet of interior tenant improvements at Orlando Gateway, the $500 million mixed-use development underway at Semoran Blvd. and the Beachline Expressway near Orlando International Airport.
Lonnie Peterson, chairman of Cuhaci & Peterson Architects, LLC said the firm recently completed design work for a 25,000 square foot retail center fronting on Semoran Blvd. in the first phase of the Orlando Gateway project.
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For more information, contact:
Lonnie Peterson, Chairman Cuhaci & Peterson Architects, LLC, 407-661-9100; Jed Downs, President Cuhaci & Peterson Architects, LLC, 407-661-9100
Lonnie Peterson, chairman of Cuhaci & Peterson Architects, LLC said the firm recently completed design work for a 25,000 square foot retail center fronting on Semoran Blvd. in the first phase of the Orlando Gateway project.
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For more information, contact:
Lonnie Peterson, Chairman Cuhaci & Peterson Architects, LLC, 407-661-9100; Jed Downs, President Cuhaci & Peterson Architects, LLC, 407-661-9100
Luxury Waterfront Homes Selling at Bargain Prices in Space Coast Region
COCOA- Luxury waterfront homes, although still in high demand, are selling at bargain prices in the Space Coast region, according to two of the area’s most successful realtors.
Jack Jeffcoat and Kyle Hogan of Stirling Sotheby’s International Realty’s Coastal Lifestyles Group, which specializes in luxury homes in the Space Coast region, said one recent sale previously offered at $1.9 million closed for little more than half its offering price at $1,015,000.
“Luxury home owners are highly motivated to sell and pricing and terms are very flexible,” said Jeffcoat.
“This is a buyer’s market, especially in the million dollars plus range, and some fantastic waterfront estate homes are on the market at prices we won’t see again in our lifetimes,” he said.
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For more information contact:
Jack C. Jeffcoat, III, Coastal Lifestyle Group, Stirling Sotheby’s International Realty, 321-536-1461, jjeffcoat@stirlingsir.com; Kyle Hogan, Coastal Lifestyle Group, Stirling Sotheby’s International Realty, 321-536-1461; Roger Soderstrom, Founder/Owner Stirling Sotheby’s International Realty 407-588-1260
Jack Jeffcoat and Kyle Hogan of Stirling Sotheby’s International Realty’s Coastal Lifestyles Group, which specializes in luxury homes in the Space Coast region, said one recent sale previously offered at $1.9 million closed for little more than half its offering price at $1,015,000.
“Luxury home owners are highly motivated to sell and pricing and terms are very flexible,” said Jeffcoat.
“This is a buyer’s market, especially in the million dollars plus range, and some fantastic waterfront estate homes are on the market at prices we won’t see again in our lifetimes,” he said.
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For more information contact:
Jack C. Jeffcoat, III, Coastal Lifestyle Group, Stirling Sotheby’s International Realty, 321-536-1461, jjeffcoat@stirlingsir.com; Kyle Hogan, Coastal Lifestyle Group, Stirling Sotheby’s International Realty, 321-536-1461; Roger Soderstrom, Founder/Owner Stirling Sotheby’s International Realty 407-588-1260
Tuesday, February 9, 2010
Stirling Sotheby’s International Realty Appoints Deborah Clifton Controller
LAKE MARY - Stirling Sotheby’s International Realty has appointed Deborah Clifton controller.
Roger Soderstrom, founder and owner of Stirling Sotheby’s International Realty, said Clifton attended Valencia Community College, the University of Central Florida and Murray State College in Tishomingo, Okla.
Clifton has more than 10 years of experience in corporate finance. She formerly served as an executive with Golden Corral Restaurants and worked for a CPA firm in Orlando.
For more information contact:
Roger Soderstrom, Founder/Owner Stirling Sotheby’s International Realty 407-581-7890 or 333- 1900
About Stirling Sotheby’s International Realty: Stirling Sotheby’s International Realty is affiliated with Sotheby’s International Realty, the largest luxury real estate brand in the world. Stirling Sotheby’s exclusive services include luxury residential, new homes, commercial, property management, in addition to supporting builders, developers, lenders, and asset managers. The company operates three performance zones which serve all of Central Florida. Visit www.StirlingSIR.com.
Roger Soderstrom, founder and owner of Stirling Sotheby’s International Realty, said Clifton attended Valencia Community College, the University of Central Florida and Murray State College in Tishomingo, Okla.
Clifton has more than 10 years of experience in corporate finance. She formerly served as an executive with Golden Corral Restaurants and worked for a CPA firm in Orlando.
For more information contact:
Roger Soderstrom, Founder/Owner Stirling Sotheby’s International Realty 407-581-7890 or 333- 1900
About Stirling Sotheby’s International Realty: Stirling Sotheby’s International Realty is affiliated with Sotheby’s International Realty, the largest luxury real estate brand in the world. Stirling Sotheby’s exclusive services include luxury residential, new homes, commercial, property management, in addition to supporting builders, developers, lenders, and asset managers. The company operates three performance zones which serve all of Central Florida. Visit www.StirlingSIR.com.
Cuhaci & Peterson Architects Awarded Contracts to Design Three Suite Interiors at Lucerne Hospital
ORLANDO - Cuhaci & Peterson Architects, LLC based in Orlando’s Baldwin Park was recently awarded a contract to design three suite interiors at the Lucerne Hospital off S. Orange Ave. in downtown Orlando.
Jed Downs, president of Cuhaci & Peterson Architects, said all three suites total approximately 4,000 square feet of space.
For more information, contact:
Lonnie Peterson, Chairman Cuhaci & Peterson Architects, LLC, 407-661-9100;
Jed Downs, President Cuhaci & Peterson Architects, LLC, 407-661-9100
Jed Downs, president of Cuhaci & Peterson Architects, said all three suites total approximately 4,000 square feet of space.
For more information, contact:
Lonnie Peterson, Chairman Cuhaci & Peterson Architects, LLC, 407-661-9100;
Jed Downs, President Cuhaci & Peterson Architects, LLC, 407-661-9100
Grubb & Ellis|Commercial Florida Negotiates New Flex Lease for Solar Panel company at Lee Vista Lakeside in Southeast Orlando
ORLANDO - Grubb & EllisCommercial Florida, associated with 130 offices worldwide, recently completed a new lease agreement for 3,635 square feet of flex space at 6457 Hazeltine National Drive in southeast Orlando.
Eric Penaranda, associate in the Industrial Services Group at Grubb & EllisCommercial Florida, brokered the transaction representing both the landlord at Lee Vista Lakeside and the tenant, Orlando based Suncor Solar, Inc., a startup company engaged in sales and distribution of solar panels for commercial and residential applications.
Grubb & EllisCommercial Florida: Grubb & EllisCommercial Florida is an affiliated commercial real estate services firm specializing in the leasing and sale of office, industrial, retail, land and investment properties. Currently Grubb & EllisCommercial Florida has 40 brokers divided among its Orlando, Tampa and Melbourne offices to serve the entire mid-Florida marketplace.
About Grubb & Ellis: Named to The Global Outsourcing 100™ in 2009 by the International Association of Outsourcing Professionals™, Grubb & Ellis Company (NYSE: GBE) is one of the largest and most respected commercial real estate services and investment companies in the world. Our 6,000 professionals in more than 130 company-owned and affiliate offices draw from a unique platform of real estate services, practice groups and investment products to deliver comprehensive, integrated solutions to real estate owners, tenants and investors. The firm’s transaction, management, consulting and investment services are supported by highly regarded proprietary market research and extensive local expertise. Through its investment subsidiaries, the company is a leading sponsor of real estate investment programs that provide individuals and institutions the opportunity to invest in a broad range of real estate investment vehicles, including public non-traded real estate investment trusts (REITs), tenant-in-common (TIC) investments suitable for tax-deferred 1031 exchanges, mutual funds and other real estate investment funds. For more information, visit www.grubb-ellis.com.
Eric Penaranda, associate in the Industrial Services Group at Grubb & EllisCommercial Florida, brokered the transaction representing both the landlord at Lee Vista Lakeside and the tenant, Orlando based Suncor Solar, Inc., a startup company engaged in sales and distribution of solar panels for commercial and residential applications.
Grubb & EllisCommercial Florida: Grubb & EllisCommercial Florida is an affiliated commercial real estate services firm specializing in the leasing and sale of office, industrial, retail, land and investment properties. Currently Grubb & EllisCommercial Florida has 40 brokers divided among its Orlando, Tampa and Melbourne offices to serve the entire mid-Florida marketplace.
About Grubb & Ellis: Named to The Global Outsourcing 100™ in 2009 by the International Association of Outsourcing Professionals™, Grubb & Ellis Company (NYSE: GBE) is one of the largest and most respected commercial real estate services and investment companies in the world. Our 6,000 professionals in more than 130 company-owned and affiliate offices draw from a unique platform of real estate services, practice groups and investment products to deliver comprehensive, integrated solutions to real estate owners, tenants and investors. The firm’s transaction, management, consulting and investment services are supported by highly regarded proprietary market research and extensive local expertise. Through its investment subsidiaries, the company is a leading sponsor of real estate investment programs that provide individuals and institutions the opportunity to invest in a broad range of real estate investment vehicles, including public non-traded real estate investment trusts (REITs), tenant-in-common (TIC) investments suitable for tax-deferred 1031 exchanges, mutual funds and other real estate investment funds. For more information, visit www.grubb-ellis.com.
Meritage Homes Acquires 45 Home Sites at the Preserve at Black Hammock in Oviedo
ORLANDO - Meritage Homes has acquired 45 home sites at the Preserve at Black Hammock, located off S.R. 434 and DeLeon Road in Oviedo.
Brian Kittle, director of sales, said Meritage Homes is building four, five, six, seven and eight-bedroom homes at the Preserve at Black Hammock ranging in size from 1,994 square feet of living space to 5,111 square feet priced from $249,990.
For more information contact:
Brian Kittle, Director of Sales, Meritage Homes-Orlando, 407-712-8669; Brian.Kittle@meritagehomes.com;
Jim Bagley, Division President, Meritage Homes-Orlando 407-712-8669, Jm.Bagley@meritagehomes.com
Brian Kittle, director of sales, said Meritage Homes is building four, five, six, seven and eight-bedroom homes at the Preserve at Black Hammock ranging in size from 1,994 square feet of living space to 5,111 square feet priced from $249,990.
For more information contact:
Brian Kittle, Director of Sales, Meritage Homes-Orlando, 407-712-8669; Brian.Kittle@meritagehomes.com;
Jim Bagley, Division President, Meritage Homes-Orlando 407-712-8669, Jm.Bagley@meritagehomes.com
Stirling Sotheby’s International Realty Posts Sale of $800,000 Luxury Condominium at Vizcaya in Southwest Orlando
ORLANDO - Stirling Sotheby’s International Realty in Orlando recently reported the $800,000 sale of a four-bedroom, three-bath luxury penthouse condominium at Vizcaya, located off Sand Lake Road and S.R. 535 in southwest Orlando.
Roger Soderstrom, founder and owner of Stirling Sotheby’s International Realty, said Rolf Nonnast of the firm’s Windermere/Dr. Phillips office negotiated the sale.
The condominium, Unit 37 in The Esplanade, offers 3,515, square feet of living space and a lakefront view. The unit was formerly listed at $849,000.
“Exceptional luxury homes and condominiums have been less affected by the real estate downturn than the middle price ranges,” Soderstrom explained. “Sales and listings have slowed somewhat, but luxury property transactions are still taking place,” he said.
Nonnast recently posted a new listing in the same area — a 4,373-square foot luxury home at 8718 Southern Breeze Drive in The Estates at Phillips Landing, a gated luxury community off Dr. Phillips Blvd. in southwest Orlando. The five-bedroom, four-bath home features two-story Mediterranean architecture with a private tropical pool and spa listed for $1.055 million.
For more information contact:
Roger Soderstrom, Founder/Owner Stirling Sotheby’s International Realty 407-581-7890
About Stirling Sotheby’s International Realty: Stirling Sotheby’s International Realty is affiliated with Sotheby’s International Realty, the largest luxury real estate brand in the world. Stirling Sotheby’s exclusive services include luxury residential, new homes, commercial, property management, in addition to supporting builders, developers, lenders, and asset managers. The company operates three performance zones which serve all of Central Florida. Visit www.StirlingSIR.com
Roger Soderstrom, founder and owner of Stirling Sotheby’s International Realty, said Rolf Nonnast of the firm’s Windermere/Dr. Phillips office negotiated the sale.
The condominium, Unit 37 in The Esplanade, offers 3,515, square feet of living space and a lakefront view. The unit was formerly listed at $849,000.
“Exceptional luxury homes and condominiums have been less affected by the real estate downturn than the middle price ranges,” Soderstrom explained. “Sales and listings have slowed somewhat, but luxury property transactions are still taking place,” he said.
Nonnast recently posted a new listing in the same area — a 4,373-square foot luxury home at 8718 Southern Breeze Drive in The Estates at Phillips Landing, a gated luxury community off Dr. Phillips Blvd. in southwest Orlando. The five-bedroom, four-bath home features two-story Mediterranean architecture with a private tropical pool and spa listed for $1.055 million.
For more information contact:
Roger Soderstrom, Founder/Owner Stirling Sotheby’s International Realty 407-581-7890
About Stirling Sotheby’s International Realty: Stirling Sotheby’s International Realty is affiliated with Sotheby’s International Realty, the largest luxury real estate brand in the world. Stirling Sotheby’s exclusive services include luxury residential, new homes, commercial, property management, in addition to supporting builders, developers, lenders, and asset managers. The company operates three performance zones which serve all of Central Florida. Visit www.StirlingSIR.com
Only 10 Home Sites Remain For Sale by Mattamy Homes at English Trails in Fort Mill, Homes Qualify For $8,000 Tax Credit Incentive
CHARLOTTE - Mattamy Homes has only 10 home sites and two completed homes remaining for sale at English Trails, located in Fort Mill, S.C. off Flint Hill Rd. and Carowinds Blvd/US 21 near 1-77 Exit 90.
Bill Kiselick, president of Mattamy Homes in the Charlotte region, said four and five-bedroom homes at English Trails range in size from 1,725 square feet of living space to 2,870 square feet priced from the $180s.
Two homes at English Trails qualify for the $8,000 and $6,500 U.S. tax credit incentives, Kiselick said. The deadline to take advantage of these tax credit incentives is April 30.
For more information contact:
Bill Kiselick, Division President Mattamy Homes US Group-Charlotte 704-375-9373 Bill.Kiselick@mattamyhomes.com
Bill Kiselick, president of Mattamy Homes in the Charlotte region, said four and five-bedroom homes at English Trails range in size from 1,725 square feet of living space to 2,870 square feet priced from the $180s.
Two homes at English Trails qualify for the $8,000 and $6,500 U.S. tax credit incentives, Kiselick said. The deadline to take advantage of these tax credit incentives is April 30.
For more information contact:
Bill Kiselick, Division President Mattamy Homes US Group-Charlotte 704-375-9373 Bill.Kiselick@mattamyhomes.com
Grubb & Ellis|Commercial Florida Names James C. Moler, CCIM Senior Vice President of Office Group
TAMPA - Grubb & EllisCommercial Florida recently named James C. Moler, CCIM, senior vice president of the firm’s Office Group in the Tampa Bay region.
Jeff Sweeney, SIOR, president of Grubb & EllisCommercial Florida, said Moler earned his B.S. Degree in Economics and International Relations from the University of Wisconsin in Madison, and has more than 18 years of experience in commercial real estate.
Moler will provide leasing and investment property services to local, regional and national ownerships in the Tampa Bay region, Sweeney said. Moler relocated to the Tampa Bay region from Chicago in 2005 and served a client portfolio that totaled more than 1.8 million square feet of office space.
“James Moler brings a wealth of experience to our Tampa Bay Office Group and we expect him to play an integral role in our continued growth with Office Group colleagues Paula Buffa, CCIM, and Maria Camarinos Hall,” Sweeney said.
About Grubb & EllisCommercial Florida: Grubb & EllisCommercial Florida is an affiliated commercial real estate services firm specializing in the leasing and sale of office, industrial, retail, land and investment properties. Currently Grubb & EllisCommercial Florida has 30 brokers divided among its Tampa, Orlando and Melbourne offices which serve the entire mid-Florida marketplace. Visit http://www.commercialfl.com/.
About Grubb & Ellis: Named to The Global Outsourcing 100™ in 2009 by the International Association of Outsourcing Professionals™, Grubb & Ellis Company (NYSE: GBE) is one of the largest and most respected commercial real estate services and investment companies in the world. Our 6,000 professionals in more than 130 company-owned and affiliate offices draw from a unique platform of real estate services, practice groups and investment products to deliver comprehensive, integrated solutions to real estate owners, tenants and investors. The firm’s transaction, management, consulting and investment services are supported by highly regarded proprietary market research and extensive local expertise. Through Grubb & Ellis Realty Investors, the company is a leading sponsor of real estate investment programs that provide individuals and institutions the opportunity to invest in a broad range of real estate investment vehicles, including public non-traded real estate investment trusts (REITs), tenant-in-common (TIC) investments suitable for tax-deferred 1031 exchanges and other real estate investment funds. For more information, visit http://www.grubb-ellis.com/.
Two Associates at Stirling Sotheby’s International Realty Report 15 Sales in Nov-Dec totaling over $6.6 Million
ORLANDO - Two associates at Stirling Sotheby’s International Realty serving Volusia County reported sales of 15 homes that total more than $6.6 million in November and December of last year.
Roger Soderstrom, founder and owner at Stirling Sotheby’s International Realty, said associates Rachel McGrath and Debby Keilin sold 15 properties during the two-month period covering the Spruce Creek and Port Orange markets.
Both McGrath and Keilin joined Stirling Sotheby’s International Realty in June 2009.
For more information contact:
Roger Soderstrom, Founder/Owner Stirling Sotheby’s International Realty 407-581-7890
About Stirling Sotheby’s International Realty: Stirling Sotheby’s International Realty is affiliated with Sotheby’s International Realty, the largest luxury real estate brand in the world. Stirling Sotheby’s exclusive services include luxury residential, new homes, commercial, property management, in addition to supporting builders, developers, lenders, and asset managers. The company operates three performance zones which serve all of Central Florida. Visit www.StirlingSIR.com.
Roger Soderstrom, founder and owner at Stirling Sotheby’s International Realty, said associates Rachel McGrath and Debby Keilin sold 15 properties during the two-month period covering the Spruce Creek and Port Orange markets.
Both McGrath and Keilin joined Stirling Sotheby’s International Realty in June 2009.
For more information contact:
Roger Soderstrom, Founder/Owner Stirling Sotheby’s International Realty 407-581-7890
About Stirling Sotheby’s International Realty: Stirling Sotheby’s International Realty is affiliated with Sotheby’s International Realty, the largest luxury real estate brand in the world. Stirling Sotheby’s exclusive services include luxury residential, new homes, commercial, property management, in addition to supporting builders, developers, lenders, and asset managers. The company operates three performance zones which serve all of Central Florida. Visit www.StirlingSIR.com.
Obama Administration Should Expand Small Business Administration Lending to Spur Economic Recovery, Mercantile Capital Corp. CEO says
ALTAMONTE SPRINGS - The Obama Administration’s proposal to funnel $30 billion in TARP receipts to community banks to spur lending to small businesses could do more to help the economy if it focused on the U.S. Small Business Administration lending programs themselves, says Christopher G. Hurn, chief executive officer of Mercantile Capital Corporation in Altamonte Springs.
Hurn, whose company ranks as one of the leading providers of SBA 504 commercial loans to small business owners who want to acquire or develop their own facilities, said changes in SBA lending could go a long way toward growing the national economy.
“One of the things I’ve been saying for a few years is that the SBA 504 program should be used to refinance commercial real estate as well,” Hurn said. “You can’t do that with the program right now,” Hurn explained. “But as of Friday the 5th, the President seems to be on board with my proposal. We’ll see how quickly this solution can be put in place.”
Hurn gave the Obama administration high mark for its plan to eliminate capital gains tax on investments in small business.
“That’s phenomenal,” Hurn said. “We’ve finally seen a free market solution out of this President and this one actually would be good. That would be the kind of thing that will stimulate equity investments in the small business sector,” he said.
Hurn said many Obama administration proposals are problematic.
“The small business lending proposals are going to have mixed results,” Hurn explained. “Most community banks that have survived over the past 18 months have better capital ratios than large national banks, are relatively flush with capital and yet they’re lending less of their capital.
“Providing them up to five percent of their weighted assets to lend to small business customers at interest rates in the low fives to seven percent, doesn’t provide enough profit to cover the banks’ overhead. The only community banks that will be interested in this program are the ones that aren’t doing as well,” Hurn said. “Healthy community banks probably aren’t going to participate,” he said.
The $5,000 jobs credit is also troublesome, Hurn said. “If you’re a smart business person you’re not going to hire somebody for a position for something that you don’t have a demand for in your products and services just in order to get the job credit,” Hurn said.
The plan may benefit companies that are already expanding, but too few companies are expanding in this economy, he said.
“Expense reductions for equipment purchases also falls flat,” Hurn said.
“If you are a company that’s buying equipment, it helps you, but it doesn’t really get to the underlying problem affecting most small businesses in America that are struggling right now,” he said.
* * *
* * *
For more information about this press release contact:
Chris Hurn, CEO, Mercantile Capital Corporation, 407-786-5040 or Geof Longstaff, Chairman, Mercantile Capital Corporation, 407-786-5040
BDG Construction Services Awarded Contract to Build Orange County Recreation Facility at Barnett Park
WINTER SPRINGS - BDG Construction Services, LLC based in Winter Springs, was recently awarded a design-build contract from Orange County worth $273,318 to build a public “splash park” at Barnett Park off S.R. 50 in Orlando.
Kevin Guffee, principal at BDG Construction Services, LLC, said the facility will include a 1,900 square foot water play area and 2,000 square feet of surrounding hardscape. Most of the facility will be built underground.
“The splash park incorporates a complex of pumps and drains to create a healthy, exciting water-themed recreational facility for young people,” Guffee explained.
BDG renovates and builds commercial facilities throughout Florida. Recent clients include Lillibridge Healthcare Services, The City of Winter Springs, Jones Lang LaSalle, Scottrade and Wal-mart Stores of Bentonville, Ark.
BDG Construction is a client company of the University of Central Florida Business Incubation Program located at the Seminole County/Winter Springs Incubator on E. State Road 434 in Winter Springs.
* * *
For more information, contact:
Kevin Guffee, Principal, BDG Construction Services, LLC, 407-951-7451, kguffee@bdgcs.comEsther Vargas-Davis, Site Manager, UCF Incubator-Seminole County, 407-278-4881, evargasd@mail.ucf.edu
About the UCF Incubation Program: Since its founding in 1999, the UCF Business Incubation Program has helped more than 130 emerging companies (including nearly 80 current clients) create over $500 million in annual revenue and more than 1600 new jobs with an average salary of $59,000. With six facilities open across the Greater Orlando community and one more underway, 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, The City of Sanford, Lake County, the City of Leesburg, and the Florida High Tech Corridor Council. For more information, please visit www.incubator.ucf.edu
Kevin Guffee, principal at BDG Construction Services, LLC, said the facility will include a 1,900 square foot water play area and 2,000 square feet of surrounding hardscape. Most of the facility will be built underground.
“The splash park incorporates a complex of pumps and drains to create a healthy, exciting water-themed recreational facility for young people,” Guffee explained.
BDG renovates and builds commercial facilities throughout Florida. Recent clients include Lillibridge Healthcare Services, The City of Winter Springs, Jones Lang LaSalle, Scottrade and Wal-mart Stores of Bentonville, Ark.
BDG Construction is a client company of the University of Central Florida Business Incubation Program located at the Seminole County/Winter Springs Incubator on E. State Road 434 in Winter Springs.
* * *
For more information, contact:
Kevin Guffee, Principal, BDG Construction Services, LLC, 407-951-7451, kguffee@bdgcs.comEsther Vargas-Davis, Site Manager, UCF Incubator-Seminole County, 407-278-4881, evargasd@mail.ucf.edu
About the UCF Incubation Program: Since its founding in 1999, the UCF Business Incubation Program has helped more than 130 emerging companies (including nearly 80 current clients) create over $500 million in annual revenue and more than 1600 new jobs with an average salary of $59,000. With six facilities open across the Greater Orlando community and one more underway, 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, The City of Sanford, Lake County, the City of Leesburg, and the Florida High Tech Corridor Council. For more information, please visit www.incubator.ucf.edu
Stirling Sotheby’s International Realty Named Exclusive Sales, Marketing Agents for Private Estate near Heathrow
ORLANDO - Stirling Sotheby’s International Realty has been named exclusive sales and marketing agents for a private luxury estate on a one-acre lakefront home site at gated Lake Markham Preserve near Heathrow in North Seminole County.
Roger Soderstrom, founder and owner of Stirling Sotheby’s International Realty, said Stirling associate Mary Ann Hartmann of the firm’s Lake Mary-Heathrow office negotiated the exclusive representation and serves as principal contact for the property.
The two-story water front estate home, on a ski lake, features European-style architectural elements enhanced with the latest in travertine flooring, custom wood cabinetry and millwork.
The 6,711 square foot home with a gourmet kitchen with nine-foot island, new outdoor summer kitchen, a heated lagoon-style swimming pool, a home theater, game room with kitchenette, four bedroom suites with private baths, and a separate suite for nanny/caregiver is priced at $2,199,000.
* * *
For more information contact:
Roger Soderstrom, Founder/Owner Stirling Sotheby’s International Realty 407-581-7890
About Stirling Sotheby’s International Realty: Stirling Sotheby’s International Realty is affiliated with Sotheby’s International Realty, the largest luxury real estate brand in the world. Stirling Sotheby’s exclusive services include luxury residential, new homes, commercial, property management, in addition to supporting builders, developers, lenders, and asset managers. The company operates three performance zones which serve all of Central Florida. Visit www.StirlingSIR.com
Roger Soderstrom, founder and owner of Stirling Sotheby’s International Realty, said Stirling associate Mary Ann Hartmann of the firm’s Lake Mary-Heathrow office negotiated the exclusive representation and serves as principal contact for the property.
The two-story water front estate home, on a ski lake, features European-style architectural elements enhanced with the latest in travertine flooring, custom wood cabinetry and millwork.
The 6,711 square foot home with a gourmet kitchen with nine-foot island, new outdoor summer kitchen, a heated lagoon-style swimming pool, a home theater, game room with kitchenette, four bedroom suites with private baths, and a separate suite for nanny/caregiver is priced at $2,199,000.
* * *
For more information contact:
Roger Soderstrom, Founder/Owner Stirling Sotheby’s International Realty 407-581-7890
About Stirling Sotheby’s International Realty: Stirling Sotheby’s International Realty is affiliated with Sotheby’s International Realty, the largest luxury real estate brand in the world. Stirling Sotheby’s exclusive services include luxury residential, new homes, commercial, property management, in addition to supporting builders, developers, lenders, and asset managers. The company operates three performance zones which serve all of Central Florida. Visit www.StirlingSIR.com
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