CORE Construction Florida Awarded Contract to Build 80,000 square foot Pine Berry Adult Living Facility in Clearwater

SARASOTA - CORE Construction Services of Florida, LLC was recently awarded a contract to build the Pine Berry adult congregate living facility located on S. Highland Avenue in Clearwater.

John Wiseman, president of CORE Construction Services of Florida, LLC said construction of the 80,000 square foot facility recently started.

The contract was awarded by Pine Berry LLC, developer of the facility which will cost approximately $8.6 million to build.

Wiseman said Pine Berry will accommodate 92 apartment residences with a group dining room and activity rooms when it opens next spring.

For more information, contact: John P. Wiseman, President CORE Construction Services of Florida LLC, 6320 Tower Lane, Sarasota, FL 34240 941-552-0240

About CORE Construction Group: CORE Construction Group has been in business since 1937 and ranks as one of the nation’s largest commercial contracting companies. CORE Construction Group is also active in Illinois, Nevada, Arizona and Texas. CORE Construction Services of Florida has offices in Sarasota.

Meritage Homes Names Marc T. Martens Vice President of Finance

ORLANDO - Meritage Homes has appointed Marc T. Martens vice president of finance in the Central Florida region.

Pam Whitmore, marketing manager for Meritage Homes in the Central Florida region, said Martens has a strong background in accounting with several years in the finance department of a national company and five years in public accounting with a major accounting firm in New York City and Philadelphia.

Martens has an undergraduate degree in Accounting from Rider University in New Jersey and an MBA in finance from The Kelley School of Business at Indiana University.

For more information contact: Pam Whitmore, Marketing Manager, Meritage Homes of Central Florida, 407-712-8664, Pam.whitmore@meritagehomes.com; Brian Kittle, Director of Sales, Meritage Homes-Orlando, 407-712-8669; Brian.Kittle@meritagehomes.com

Grubb & Ellis|Commercial Florida Negotiates new lease agreement for Fastener Distributor at industrial facility in Tampa

TAMPA – Grubb & EllisCommercial Florida, associated with 130 Grubb & Ellis offices worldwide, negotiated a lease agreement for 15,945 square feet of industrial space at 4300 E. 7th Ave. at the intersection of N. 43rd Street in Tampa.

Chuck Bohac, vice president in the Industrial & Land Services Group at Grubb & EllisCommercial Florida, brokered the transaction representing the new tenant Vertex Distribution. Vertex is an Attleboro, Mass.-based distributor of fasteners, rivets and clamps relocating its Tampa operations from nearby Adamo Drive.

The landlord is ABD Capital Corporation of Tampa.
* * *

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: Chuck Bohac, VP Indus/Land 813-639-1111; Patrick Kelly, Managing Director 813-830-7539

NAI Realvest Negotiates Sale of Industrial Condo for $272,500 in Southwest Orlando

MAITLAND - NAI Realvest recently negotiated the sale of an industrial condo at Southwest Orlando’s All Star Service Center, 6610 Kingspointe Parkway off Sandlake Rd. West near the Florida Turnpike.

NAI Realvest associate Drew Saphos negotiated the transaction along with principal Christie Alexander and chairman George Livingston. NAI Realvest represented the seller, Columbus, Ohio-based United Midwest Savings Bank.

Legend Express, Inc. USA is the buyer who paid $272,500 for the 4,800 square foot facility which includes 720 square feet of office/showroom space.

Chuck McNulty of McNulty Group represented the buyer in the transaction.
* * *

For more information, please contact: Christie Alexander or Drew Saphos, NAI Realvest, 407-875-9989; 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 Start Construction of New Town Homes Priced from the Low $100s at the Hammocks in New Tampa

TAMPA - Lennar will start construction of new town homes priced from the low $100s in August at The Hammocks, located off E. County Line Road and Bruce B. Downs Blvd. in New Tampa.

Mark Metheny, president of Lennar’s Central Florida Division, said Lennar plans to build 190 two, three and four-bedroom town homes in three different designs at The Hammocks: one that offers from 1,700 square feet of living space to 2,300 square feet with a two-car garage, another with 1,100 square feet to 1,400 square feet and a one-car garage, and a third floor plan with from 960 square feet to 1,100 square feet and no garage.

“We will start construction of the first town home building with six town homes in August,” Metheny said.

Model town homes at The Hammocks will open in September.
* * *

For more information contact: Francine Miller, Director of Sales & Marketing Lennar-Tampa Region, 727-479-1747; Francine.Miller@Lennar.com; Mark Metheny, Lennar Division President-Central Florida, 727-479-1700

Data Transfer Solutions Certified as Small Business Enterprise by South Florida Water Management District

ORLANDO - Data Transfer Solutions based in downtown Avalon Park, was recently certified as a Small Business Enterprise by the South Florida Water Management District.

Small businesses play a big role in Florida’s economy. The South Florida Water Management District administers a program that provides for increased opportunities for small businesses certified through the District to participate in projects and initiatives within the District’s region.

The program offers additional consideration to small business enterprises in the District solicitation and includes processes for bid equalization, sheltered markets, points for SBE participation in proposals and SBE subcontract participation goals.

A.M. “Trey” Fragala III, AICP, PMP chief operating officer at Data Transfer Solutions, said the Small Business certification is important because it provides DTS an opportunity to bring innovative GIS and GIS development services to bear on behalf of the District and a myriad of teaming partners.

DTS provides asset management, Geographic Information Systems (GIS), transportation planning/engineering, web design, database/software applications, and video and multi media production services to local governments and regional and state agencies throughout the U.S.
* * *

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

Grubb & Ellis|Commercial Florida Negotiates Sublease for 4,000 Square Feet of Downtown Tampa Office Space at 100 N. Tampa St.

TAMPA - Grubb & EllisCommercial Florida, associated with 130 offices worldwide, recently negotiated a sublease agreement for 4,000 square feet of class A office space in the 100 N. Tampa Street building in downtown Tampa.

Richard Andretta, SIOR, vice president in the firm’s Office Group and associate Rob Turner negotiated the sublease representing the new subtenant Grubb & Ellis Company, who will occupy suite 2450 in the building for a new southeast regional office headed by senior vice president Tim Rivers and executive managing director Randy Buddemeyer.

The sublandlord is HKS Architects, Inc., a Texas corporation.
* * *

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 Tampa, Orlando and Melbourne offices which serve the entire mid-Florida marketplace.

About Grubb & Ellis: Grubb & Ellis Company (NYSE:GBE) is one of the largest and most respected commercial real estate services and investment companies in the world. Our 6,500 professionals in more than 100 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: Richard Andretta SIOR 813-639-1111 Ext 255; Jeffrey Sweeney SIOR President 407-481-5387

Cotter-Ryan Commercial winds up work on two major restaurant projects, surgery center underway

LONGWOOD - Cotter-Ryan Commercial, LLC has completed construction of two major restaurant projects and expects to complete work soon on an ambulatory surgery center and medical offices complex in Ocala.

Scott Ryan, president of Cotter-Ryan Commercial, said the firm recently completed major renovations of the landmark Aloma Cinema Grill and Draft House, the landmark Winter Park facility located in the Publix Shopping Center on Aloma Avenue at Lakemont in Winter Park.

The 3,500 square foot facility underwent a major facelift that included adding a third theater to the Aloma Cinema Grill.

In Tavares, Cotter Ryan completed work on Tavares Station, the two-story 8,000 square foot restaurant building located in the new segment of downtown Tavares’ entertainment district and adjacent to the new seaplane marina on Lake Dora.

Work continues on the 20,000 square foot Ambulatory Surgical Center and medical office facility located on U.S. 441 in Ocala.
* * *


For more information contact: Scott H. Ryan, President, Cotter Ryan Commercial, LLC, 407-786-7686 sryan@cotterryan.com

Central Florida Law Firm Sponsors 3rd Annual Daytona Beach “Mai Tai Rumble” Battle Of The Bands

DAYTONA BEACH – The law firm of Rue & Ziffra will sponsor the 3rd annual Mai Tai Rumble, a month-long musical competition for local bands, beginning Tuesday, Sept. 7 at the Mai Tai Bar, 250 N. Atlantic Ave., Daytona Beach.

The event – the ultimate battle of the bands competition – is an opportunity for area bands to compete and showcase their musical skills. It is divided into two categories: Best Cover Band or Soloist, and Best Original Band or Soloist.

A total of $10,000 in prize money will be awarded to the winning bands, and future paid gigs at the Mai Tai Bar.

The Mai Tai Rumble, which also is being held in Honolulu, Hawaii and Long Beach, Calif., will culminate with the final competition on Oct. 7.

“We know there are many talented musicians and vocalists right here in Central Florida,” said Allan L. Ziffra, president of the Port Orange-based personal-injury law firm. “Because of that, we’d like to help one of those groups live up to their potential and become the “Best Band in Central Florida.”

Additional sponsors of the Rumble include Monster Energy Music, and Club 92.7 FM and Beach Radio 92.7 FM in Palm Coast. Bands interested in competing for the title can see the official contest rules and fill out applications at www.maitairumble.com.

About Rue & Ziffra:
Founded by John D. Rue and Allan L. Ziffra, the personal-injury law firm of Rue & Ziffra has served the Central Florida community for more than 30 years. The firm’s commitment to its profession and its clients has earned it a reputation as one of the top personal-injury law firms in Central Florida. Known for handling everything from automobile and motorcycle accidents to medical malpractice, wrongful death, and social security and disability cases, Rue & Ziffra has recovered millions of dollars for injured clients and their families. With a staff of nine attorneys, the firm maintains offices in Port Orange and Orange City.

* * *

For more information about this release, please contact:
Allan L. Ziffra, President, Rue & Ziffra, 386-788-7700 or allanz@rueziffra.com; Shane Snipes, Promotions/Advertising Director, Rue & Ziffra, 386-788-7700 or shanes@rueziffra.com; Charlene Hager-Van Dyke, Larry Vershel Communications, 386-532-8862, 407-644-4142 or chagervandyke@yahoo.com

Lennar to start construction of 48 estate homes priced from the $250s at Live Oak on Bruce B. Downs Blvd.

TAMPA - Lennar will start construction of 48 estate homes priced from the $250s at Live Oak, located on Bruce B. Downs Blvd. in New Tampa.

Mark Metheny, president of Lennar’s Central Florida Division, said estate homes at Live Oak will feature 70 and 80-foot home sites and new three, four and five-bedroom single-family homes that range in size from 2,400 square feet of living space to 4,100 square feet.
* * *

For more information contact: Francine Miller, Director of Sales & Marketing Lennar-Tampa Region, 727-479-1747; Francine.Miller@Lennar.com; Mark Metheny, Lennar Division President-Central Florida, 727-479-1700

Meritage Homes Introduces Seven New Floor Plans at Cypress Preserve in St. Cloud

ORLANDO - Meritage Homes is introducing seven new floor plans at Cypress Preserve, located off Old Canoe Creek Road in St. Cloud.

Pam Whitmore, marketing manager at Meritage Homes in the Orlando region, said new single-family homes at Cypress Preserve range from the three-bedroom, two-and-a-half bath
McKinley model home with 2,527 square feet of living space priced from $195,990 to the eight-bedroom, four-bath Del Rio model with 5,107 square feet priced from $264,990.
* * *

For more information contact: Pam Whitmore, Marketing Manager / Meritage Homes-Orlando 407-712-8664 Pam.Whitmore@meritagehomes.com; Brian Kittle, Director of Sales, Meritage Homes-Orlando, 407-712-8669; Brian.Kittle@meritagehomes.com

University Club of Orlando to Host Cocktails for a Cause Fundraiser to Benefit Canine Companions

ORLANDO - The University Club of Orlando will host a Cocktails for a Cause fundraiser reception on Thursday, Sept. 16, from 5:30 to 7 p.m.

Susan Greene, general manager of the University Club of Orlando, said Cocktails for a Cause events have raised more than $50,000 so far this year to benefit local civic, community and charitable organizations.

Volunteers from the beneficiary organization serve as bartenders at Cocktails for a Cause and all gratuities are donated to the charity.

Justin Wright, events director at the University Club of Orlando, said admission to the Sept. 16 Cocktails for a Cause fundraising event is free. Guests are encouraged to donate as generously as they can to Canine Companions.

For more information contact: Justin Wright, Events Manager, The University Club of Orlando 407-425-2514; Susan Greene, General Manager, The University Club of Orlando 407-425-2514, gm@ucluborlando.com

Villages of Royal Palm to Sponsor “Losing Big” Weight Reduction Challenge in Volusia County

PORT ORANGE - Villages of Royal Palm in Port Orange is a major sponsor of the Volusia Home Builders Association’s and Florida Hospital Group’s county-wide “Losing Big” weight reduction challenge competition that is offering prizes valued at more than $8,000 for Volusia County residents who lose weight.

Winston Schwartz, president of Winston-James Development, Inc., said the community clubhouse at Villages of Royal Palm is one of the official weigh-in stations for the Losing Big weight loss challenge.

“As a culture, we Americans suffer from obesity and the cost in terms of life loss, health problems and chronic problems such as diabetes and heart disease are epidemic,” Schwartz said.
“We fully support the efforts of the Volusia Home Builders Association and Florida Hospital Group to encourage local residents to play a more active role in their own health by losing weight and improving their physical conditioning,” he said.

The dates of the official registration and weigh-ins are Oct. 11 and 13 at the clubhouse at Villages of Royal Palm. The competition is underway.
* * *
For more information please, contact: Winston Schwartz, President, Winston-James Development, Inc. 933 Beville Rd., South Daytona, Fla. 32119; 386-760-2555

Old Florida National Bank and Mercantile Capital Corporation Announce Merger Agreement

ORLANDO - Old Florida National Bank and Mercantile Capital Corporation have entered into a merger agreement. Old Florida National Bank (Old Florida), headquartered in downtown Orlando, expects the merger to be finalized in the late fourth quarter or early first quarter of 2011.

Randy Burden, chairman of Old Florida, and Geof Longstaff, chairman of Mercantile, jointly announced the merger.

Old Florida National Bank, formed in 1982, currently operates eight full-service retail banking facilities throughout Central Florida and Inverness, Fla. and boasts over $375 million in assets
Mercantile, the seven-year-old Altamonte Springs firm that specializes in U.S. Small Business Administration (SBA) 504 loans for owners of small to mid-sized businesses who want to acquire or develop their own facilities, has provided commercial loans in 30 states and Puerto Rico for more than $513 million in total project costs since it opened as Mercantile Commercial Capital, LLC in late 2002.

“The merger substantially extends Old Florida’s capacity to engage in commercial lending,” Randy Burden said.

“Mercantile ranks as one of the largest and best known providers of SBA-504 lending in the nation,” Burden said. “They have succeeded in developing a well-known and well-respected brand with a solid reputation in the small business community,” Burden added.

Longstaff, who has served as president of three banks in the area over the past three decades, said the merger brings substantial resources to bear on Mercantile’s effort to serve small business owners nationwide.

John Burden, president of Old Florida, said “the merger creates a strong, cohesive banking organization squarely focused on serving consumers, professionals and the small business sector.”

“Old Florida National Bank is a hometown bank well known for personal service to our customers and a smart, reliable approach to banking,” Burden said.

“We are very pleased to offer Mercantile’s services to our customers and to further our service to Central Florida’s small business community,” he said.

Christopher G. Hurn, chief executive officer of Mercantile Capital Corporation, said “the merger enables Mercantile to expand its services and to help more small business owners nationally.”

“Our merger substantially expands the capital resources we can bring to the small business sector of the U.S. economy,” said Hurn.

Mercantile Capital Corporation will operate as a wholly-owned subsidiary of Old Florida National Bank. The combined entities are estimated to have nearly $400 million in total assets upon completion of their merger, making Old Florida one of the largest Orlando-based community banks.

For more information, Contact: John Burden, President Old Florida National Bank, 407-388-6136

Orlando Attorney Mark Lippman Issues Media Statement Regarding Legal Representation in Casey Anthony Case

ORLANDO - Orlando attorney Mark Lippman issued the following statement regarding his firm’s representation of George and Cindy Anthony, the parents Casey Anthony.
Lippman Law Offices, P.A., previously represented George and Cindy Anthony in their civil mortgage foreclosure. We continue to represent them in this matter.
Subsequent to the resignation of attorney Brad Conway as legal representative of George and Cindy Anthony in the matter involving Casey Anthony, we have agreed with George and Cindy Anthony to expand our role to assume attorney Conway’s former responsibilities.
Lippman Law Offices, P.A., takes the firm position that excessive exposure in the news media adds undue burdens on the court in its constitutional responsibility to administer justice fairly and equitably. Further, excessive media coverage and resulting speculation is detrimental to the interests of our clients.
We are sensitive to the important role of the news media in informing the public, and we do not wish to dissuade or prevent news media representatives from fulfilling their responsibilities. We will answer all appropriate questions as we are able.
However, we will not engage in speculation. We will not offer opinions. We will not endeavor to interpret the actions of the judge, other attorneys engaged in this matter, or other participants. We will not divulge information that may violate attorney client privilege.
Understandably, these stipulations may disappoint some media professionals and will likely limit our responses to certain questions.
Our only role is to represent the interests of our clients. In good conscience, we cannot not contribute to distractions that may hinder the presentation of the defense in this case nor that of the prosecution.
We request your forbearance in this regard.
Attorney Mark Lippman said he will issue further statements as the case unfolds.
For more information about this press release, contact: Mark Lippman, Esq., Lippman Law Offices, 255 S. Orange Ave. Orlando; 407-648-4213; Mark@llopa.com

Congressional Candidate Paul Partyka: The Biggest Concern in District 24 is Issues, not personalities

WINTER SPRINGS - Paul Partyka, Democratic candidate for Congress in Florida’s 24th District, has been talking with voters every day for the past three months in his bid to unseat the district’s freshman incumbent in the Aug. 24 primary election and then a Republican opponent in November.

His conversations have taught him a valuable lesson.

“The biggest concerns voters have in District 24 are issues, Partyka said. “We Americans face tremendous challenges as a nation, and politicians who focus on fear, hatred, mud-slinging and back-biting are going to see that backfire,” he said.

Partyka said his focus on policy issues gives him the edge over incumbent Suzanne Kosmas.

“The four most important issues in District 24 are jobs, the economy, health care and immigration,” Partyka said, “and the incumbent has done nothing but waffle on any of them.”
Partyka said his campaign has focused exclusively on policy issues since he decided to run for Congress last year.

“I won’t attack the integrity of the incumbent,” Partyka said, “nor can she attack mine. We are both honorable people. In District 24, the question comes down to, ‘what have you done for the people of Florida?’ And she has failed in that regard.”

“The only way we are going to get our nation moving forward again is to elect representatives who will act. So far as we can tell, the incumbent has spent most of her energies protecting her seat. That’s not what District 24 wants,” Partyka said, “and that’s not what the nation needs.”

Partyka said he decided to run for office because he is frustrated by political do-nothings.

“I hate posturing,” Partyka said. “America needs action, not poise. We need a lot more pushing and pulling and a lot less primping and posing,” he said.

Partyka said his campaign--called a long-shot by some observers--will create some ripples come Aug. 24.

“The voters are going to surprise the pundits and the party elite,” Partyka said. “While the professional politicians have focused on style, the voters are looking at substance, and that’s where we win,” he said.
* * *

Contacts: Paul P. Partyka, 407-341-0805 PaulPartykaforCongress@Gmail.com; Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142 Lvershelco@aol.com

*****
Paid for and approved by the Paul Partyka for Congress Committee

Crossman & Company Releases ICSC 2010 Florida Retail Report

ORLANDO - Crossman & Company, one of the largest third party retail leasing and management firms in the Southeast, will be presenting the bi-annual ICSC Florida Retail Report at the Keynote Presentation, Monday Aug. 23 at 1 p.m. Crossman & Company has produced the report on behalf of ICSC for the past 15 years, and includes contributions from over 75 separate companies throughout the state.

“We have seen a return to stability in the market in the first half of 2010,” stated Justin Greider, the primary author of the report. “In nearly every market of the state we have seen the freefall of rents and occupancy leveling off, indicating we may have found the bottom of the market, though significant challenges still remain for owners and retailers alike.”

The report notes that rental rates for the entire state average $16.60 for mid-year 2010, down nearly 15 percent from the peak in the first quarter of 2008. Occupancy has leveled off at just over 89 percent, a decrease of about 6 percent from its peak in 2006.

“The outlook for the next 6-12 months is one of cautious optimism,” Greider added, “People throughout the state are very positive, but the recovery is going to be long and slow, and there is still a lot of over-valued product that has to work its way through the system.”
***
To view the 2010 ICSC Florida Retail Report go to: http://crossmanco.com/assets/files/2010%20ICSC%20Florida%20Retail%20Report.pdf
* * *
For more information, contact:
Justin M Greider, Senior Associate, Crossman & Company, ICSC Southern Division NextGen Chair, 407-581-6225; John Crossman, CCIM, President, Crossman & Company, 407-581-6218, jcrossman@crossmanco.com; Molly Delahunty, Crossman & Company, 407-581-6220 mdelahunty@crossmanco.com; Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142, lvershelco@aol.com

About Crossman & Company: Headquartered in Orlando, Florida, Crossman & Company is a commercial real estate brokerage firm that specializes in the retail industry. Currently their portfolio under leasing and/or management exceeds 150 shopping centers throughout the Southeast US. Founded in 1990, Crossman & Company focuses solely on landlord representation and serves clients including Publix, PREIT, and GE. Please visit www.crossmanco.com, or call 407-423-5400 for more information.

Stirling Sotheby's International Realty Market Report Shows Alaqua Lakes Homes are Holding Their Value, although Sales are Down

LAKE MARY - Alaqua Lakes, the luxury country club community located at Lake Mary Blvd. and Markham Woods Road in Seminole County, appears to be holding home values better than most neighborhoods in central Florida.

Cassandra Levine, luxury homes specialist at Stirling Sotheby’s International Realty and Alaqua Lakes community specialist, said seven luxury homes have sold during the first six months of 2010 at an average sale price of $977,942. In 2009, Alaqua Lakes saw sales at a lower average price of $868,153, Levine said.

The highest sale price for the first half of the year was $1,264,000, but it’s lower than the $1,475,000 highest sale reported in 2009.

Thirty-three luxury homes at Alaqua Lakes were listed for sale during the first six months of 2010, Levine said, compared with 45 in 2009.

Sellers are reducing their asking prices, but only slightly, Levine said.

“In 2009, the average asking price listed was $988,330. Today, the average asking price is $1,070,948,” she said. That could change, but not much.

”The difference between the average asking price and the average sale price is less than 10 percent,” Levine said.

“There’s some room for negotiation, but Alaqua Lakes was well-established before the real estate downturn and asking prices are very realistic here,” Levine added.

To view a video of Alaqua Lakes, go to http://www.stirlingsir.com/video/uneek/Video/ALAQUA%20SMALL%20GOOD.wmv.

To view the Alaqua Lakes Market Trends, go to http://www.stirlingsir.com/video/uneek/Video/ALAQUA%20SMALL%20GOOD.wmv

For more information, contact: Cassandra Levine, Luxury Home Specialist, Stirling Sotheby’s International Realty-Heathrow/Lake Mary, 407-620-8483; clevine@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 zones which serve all of Central Florida. Visit www.StirlingSIR.com.

Grubb & Ellis|Commercial Florida Relocates Orlando Headquarters to Larger Facilities

ORLANDO - Grubb & EllisCommercial Florida is relocating its Central Florida headquarters to larger facilities at 20 N. Orange Ave. in downtown Orlando.

Jeff Sweeney, SIOR, president of Grubb & EllisCommercial Florida, said the new 7,000 square foot headquarters facility will allow room to grow.

“We are expanding, and will be hiring more commercial real estate professionals,” Sweeney said.
The firm was headquartered at a 5,600 square foot suite in the Landmark Center at 315 E. Robinson St. in downtown Orlando.
* * *

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: 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 100 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.

NAI Realvest negotiates sale of industrial condominium for $168,000 at Anchor Road Commerce Center in Casselberry

ORLANDO — NAI Realvest recently negotiated the sale of units 1536 and 1542 with 2,400 square feet in the Anchor Road Commerce Center at 206 Reece Way in Casselberry.

Michael Heidrich, a principal at NAI Realvest, negotiated the sales representing the seller, Anchor Road Commerce Center, LLC of Maitland.

Pyramid Enterprises LLC of Largo, Fla. purchased the two units for $168,000.

For more information, contact: Michael Heidrich, Principal NAI Realvest, 407-875-9989 mheidrich@realvest.com; Patrick Mahoney, Principal/Chief Operating Officer, 407-875-9989
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.

Stirling Sotheby’s International Realty names Michael Springer Marketing Associate in its World Marketing Center

ORLANDO – Stirling Sotheby’s International Realty has appointed Michael Springer an associate with its World Marketing Center team in downtown Orlando.

Roger Soderstrom, founder and owner of Stirling Sotheby’s International Realty said Springer, a central Florida resident for more than 20 years, has some seven years of experience in outreach marketing and most recently was coached by the Mike Ferry NLP Coaching System that helps real estate agents succeed.

Springer’s accomplishments extend far beyond real estate sales coaching, Soderstrom said. He has extensive experience as a renowned public speaker and is a devoted advocate for self-development.

He served as a taskforce board member with Family Services Metro Orlando, has addressed Orlando’s top executives and civic organizations extensively to raise funds and awareness for adolescents and youth.

Soderstrom said Springer will focus on marketing Stirling Sotheby’s International Realty luxury and executive home listings and will work with buyers and sellers locally, nationally and internationally. He will also assist new home builders and developers to maximize the marketing efforts and potential of their properties.

For more information about this press release, contact: Roger Soderstrom, Founder/Owner Stirling Sotheby’s International Realty 407-581-7890

NAI Realvest Negotiates Sublease for 15,000 square foot warehouse facility in Lakeland

MAITLAND – NAI Realvest recently negotiated a new sublease agreement for the 15,000 square foot warehouse facility and its 4.26-acre site at 3306 Waterfield Rd. off U.S. 98 and Polk Parkway in Lakeland.

Sean DuPree CCIM, associate at NAI Realvest, negotiated the transaction representing the sublessor Atlantic Acquisition Corp. d/b/a Allied Building Products, headquartered in East Rutherford, N.J.

The tenant, subleasing the property for two-and-a-half years, is The Car Book, Inc. of Auburndale, Fla.

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.

Melrose-Sovereign Companies Ranked in the top 50 Among Florida’s Best Companies to Work for in 2010 by Florida Trend Magazine

ORLANDO - Melrose-Sovereign Companies, which ranks as one of the largest condominium, community and home owner association management companies in Florida, was recently ranked among Florida’s Best Companies to work for in 2010 by Florida Trend magazine.

Florida Trend, the “magazine of Florida Business,” conducts this business survey annually. In identifying Florida’s best employers, the analysis is based on work environment, employee satisfaction, compensation, corporate benefit package and ongoing management training.

Ellen Lumpkin, LCAM and Jack Hanson, LCAM, co-founders and principals at Melrose-Sovereign, said the Orlando-based company, with over 80 full and part time employees, currently has eight offices throughout the state. The 17-year-old company manages more than 170 condominium, community and home owner associations. Melrose-Sovereign’s clients include many of Florida’s best known community builders.

For more information contact: Jack B. Hanson, LCAM, Partner/co-founder, Melrose-Sovereign Companies, 407-228-4181, jhanson@melrose-sovereign.com; Ellen G. Lumpkin, LCAM, Partner/Co-founder, Melrose-Sovereign Companies, 407-228-4181, elumpkin@melrose-sovereign.com

University Club of Orlando Hosts Cocktails for a Cause to Benefit MicheLee Puppets, youngsters

ORLANDO - The University Club of Orlando will host a Cocktails for a Cause event from 5:30 to 7 p.m. on Thursday, Aug. 25 to benefit MicheLee Puppets at the Club located on Central Blvd. and Rosalind Ave. in downtown Orlando.

MicheLee Puppets travel statewide to perform for schools and other organizations to teach and entertain youngsters age 5-18, delivering the messages that will empower them to focus on positive family values and overcome challenges.

Cocktails and hors d’oeuvres are served by volunteers from these benefit agencies and all gratuities are donated to the agencies, Justin Wright, events director at University Club of Orlando, explained.

Cocktails for a Cause events are open to the public and admission is free.

Over the past year Cocktails for a Cause events at the University Club of Orlando have raised more than $100,000 to benefit local civic, community and charitable organizations including the Special Olympics, Canine Companions PACE Center for Girls, Coastal Conservation, Friends of the Wekiva and many more, Wright said.
* * *
For more information contact: Justin Wright, Events Manager, The University Club of Orlando 407-425-2514; Susan Greene, General Manager, The University Club of Orlando 407-425-2514, gm@ucluborlando.com; Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142, lvershelco@aol.com

Mattamy Homes starts third phase of 12 three and four bedroom luxury City Homes at Baldwin Park

ORLANDO - Mattamy Homes has started a third phase with 12 luxury city homes priced from the $240s at City Homes at Baldwin Park located on Meeting Place in Baldwin Park off Corrine Drive and Bennett Road near downtown Orlando.

Steve Parker, president of Mattamy Homes U.S. Group, a division of Canada’s largest homebuilder, said 21 town homes — 75 percent of the homes in the first two phases at City Homes at Baldwin Park — have sold at prices starting from the $200s.

Parker said three and four bedroom City Homes at Baldwin Park range in size from 2,000 square feet to 2,300 square feet.

Two furnished models at City Homes at Baldwin Park are open daily for public viewing, Parker said.

For more information, contact:Steve Parker, President Mattamy Homes U.S. Group 407-599-9994

About Mattamy Homes U.S. Group: Mattamy Homes www.mattamyhomes.com expanded into the U.S. in 2003 and is headquartered in Winter Park, Fla. with divisions in Orlando, Jacksonville Phoenix, Minneapolis and Charlotte. 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.

The Villages of Royal Palm to open six new ready-to-move-in- homes in September

PORT ORANGE - The Villages of Royal Palm, located off Williamson Blvd. in Port Orange will open six new ready-to-move-in homes priced from under $160,000 in September.

Winston Schwartz, president of Winston-James Development Inc., developers of the Villages of Royal Palm, said the new homes will range in size from 1,250 square feet of living space to 2,200 square feet.

Schwartz said two fully furnished model homes are open daily at the Villages of Royal Palm, which was named one of the top 100 master planned communities in the U.S. by Where to Retire magazine.

For more information please, contact: Winston Schwartz, President, Winston-James Development, Inc. 933 Beville Rd., South Daytona, Fla. 32119; 386-760-2555

ABD Development Company to start site work, development on 48 new home sites at Providence in Polk County

DAVENPORT - ABD Development Company is about to start development of 48 new single family home sites east of the main entry at Providence Golf & Country Club in Davenport in Polk County.

David Kohn, president of ABD Development Company, said the new home sites will accommodate single-family homes priced from the $200s.

ABD is the developer of Providence Golf & Country Club located off U.S. 17-92 in the Loughman Davenport area of Polk County.

For more information contact: Alene Raskin, Marketing Manager, ABD Development Company 863-420-2100; David Kohn, President, ABD Development Company 863-420-2100

Democrat Paul Partyka to Debate Incumbent Suzanne Kosmas for Nomination in 24th District Congressional Race

WINTER SPRINGS - Paul Partyka, Democratic candidate for Congress in Florida’s 24th District (http://www/PaulPartykaforCongress.com), announced he will debate incumbent Suzanne Kosmas on Saturday, Aug. 21 at United Church of Christ in New Smyrna Beach.
The debate will start at 6 p.m., Partyka said.

Partyka, former two-term mayor of Winter Springs, said he is pleased that Kosmas, after 62 days, has finally accepted his challenge to meet face-to-face before the voters.

But is not pleased that the debate will take place after early voting.

“The voters deserve to hear a debate between both candidates before they make their decision,” Partyka said. “As candidates for the office, we owe the voters of District 24 the opportunity to make a decision based on the issues,” Partyka said. “That is why I am urging early voters to wait until after the debate even though it may cause some inconvenience. It is not fair to the voters that the congresswoman picked this late date.”

“There are strong and important differences between us,” Partyka said. “I am confident that voters who hear the debate will see the differences and vote accordingly,” he added.

For more information please contact: Paul P. Partyka, 407-341-0805 PaulPartykaforCongress@Gmail.com

Mattamy Homes opens eight new town homes priced from the $160s at Tuscany Place near the Mall at Millennia

ORLANDO - Mattamy Homes has eight new move-in ready town homes priced from the $160s at Tuscany Place, a town home community located on Millennia Blvd. and Fiorazante Avenue near the Mall at Millennia in southwest Orlando.

The three bedroom town homes range in size from 1,500 square feet of living space to 1,700 square feet.

Steve Parker, president of Mattamy Homes U.S. Group, said 55 percent of town homes in the first phase at Tuscany Place have been sold.

For more information, contact: Steve Parker, President Mattamy Homes, or Annette Hemphill 407-599-2228

About Mattamy Homes U.S. Group: Mattamy Homes www.mattamyhomes.com expanded into the U.S. in 2003 and is headquartered in Winter Park, Fla. with divisions in Orlando, Jacksonville, Phoenix, Minneapolis, and Charlotte. 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.

Grubb & Ellis|Commercial Florida Sees Faint Signs of Economic Recovery in Tampa Bay Region Quarterly Office Report

TAMPA - It’s not time to call out the marching bands, but second quarter results in the Grubb & EllisCommercial Florida Quarterly Office Trends Report for the Tampa Bay region spotted some local economic data that’s been missing for more than two years – positive absorption of office space.

Patrick Kelly, managing director of Grubb & EllisCommercial Florida in Tampa, said the Office Trends Report – an in-depth quarterly survey of office leasing and sales activities from Manatee County to Polk, including Hillsborough and Pinellas submarkets – showed positive absorption of office space in one Pinellas submarket and in all but one of the Hillsborough submarkets during the quarter.

“Market activity has clearly picked up,” Kelly said.

“It’s too early to call this a trend and the net numbers are small, but second quarter results fall on the positive side of the chart for the first time in the past 10 quarters,” Kelly said.

Positive absorption results when total square footage leased by tenants outpaces new construction. The Second Quarter Grubb & EllisCommercial Florida Quarterly Office Trends Report found only one major project under construction – an 88,000 square foot facility in the northeast Tampa submarket.

The Tampa Bay region posted an overall vacancy rate of 19.5 percent, up slightly from the first quarter results. Vacancy rates range from a high of 40 percent in the Pinellas County Bayside submarket, to a promising 10.6 percent in South Tampa. Tampa’s Central Business District posted a vacancy rate of 19.7 percent and Tampa’s Westshore submarket posted 21.9 percent vacancies.

Developers typically look for sustained vacancy in the 7-10 percent range before planning new construction, and that will take some time.

“But there’s a lot of silver lining,” Kelly explained. “Tenants are value shopping. That’s a big step forward. Some of them are relocating, a sign of market velocity,” he said.

Kelly said the spread between historical rents and discounted rents is luring innovators into the market. “Especially in Class B and Class C facilities, we’re seeing entrepreneurs come back into the market with new business plans,” Kelly said.

“These startups are the underpinning of our entire economy and we need to nurture them with appropriate incentives,” Kelly 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.

About Grubb & Ellis: Grubb & Ellis Company (NYSE:GBE) is one of the largest and most respected commercial real estate services and investment companies in the world. Our 6,500 professionals in more than 100 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.

Mattamy Homes Starts Presales, Model Home With Double Porch to Start Construction at Mountain Laurel in Concord

CHARLOTTE - Mattamy Homes U.S. Group, a division of Canada’s largest home builder, has started presales of single-family homes priced from the low $200s at Mountain Laurel in the Charlotte area off George Liles Parkway in Concord in Cabarrus County.

Bill Kiselick, president of Mattamy Homes U.S. Group in the Charlotte Region, said Mattamy Homes will start construction of the Orchid model home next month at Mountain Laurel.

The Orchid model home with three-bedrooms, two-and-a-half baths and 2,416 square feet of living space features a loft, large eat-in kitchen with breakfast nook, as well as formal dining and living rooms, with a double porch and a three-car tandem garage, priced from $221,990.

Kiselick said Mattamy Homes plans to build 49 new homes at Mountain Laurel in seven distinctive floor plans that range from 1,817 square feet of living space to 2,639 square feet.

For more information contact: Marie Lorimer, Marketing, Mattamy Homes-Charlotte 704-375-9373; marie.lorimer@mattamyhomes.com; Bill Kiselick, Division President Mattamy Homes-Charlotte 704-375-9373 Bill.Kiselick@mattamyhomes.com

About Mattamy Homes U.S. Group: Mattamy Homes U.S. Group, www.mattamyhomes.com expanded into the U.S. in 2003 and is headquartered in Winter Park, Fla. with divisions in Charlotte, Jacksonville, Orlando, Minneapolis and Phoenix. 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.

Meritage Homes Starts Construction of new two-story “Hamilton” model home at Independence in Winter Garden

ORLANDO - Meritage Homes has started construction of the Hamilton luxury model home that will be base priced from the $280s at Independence, located on S.R. 535 in Winter Garden.

Pam Whitmore, marketing manager at Meritage Homes in the Orlando region, said the two story Hamilton model home offers four bedrooms, two-and-a-half baths, a loft and study in its 3,239 square feet of living space with a three-car tandem garage, a swimming pool and family-sized patio.

Whitmore said the certified Energy Star® Hamilton model home will open in September, showcasing the latest in products and design ideas for the Florida lifestyle.

Meritage is building new three, four, five, six and seven-bedroom homes at Independence that range in size from 2,319 square feet of living space to 4,520 square feet. Priced from the mid-$200s, these luxury homes are loaded with features, including 42” high maple cabinets, granite kitchen countertops, gas cooktops and concrete paver driveways

For more information, contact: Pam Whitmore, Marketing Manager, Meritage Homes of Central Florida, 407-712-8664, Pam.whitmore@meritagehomes.com; Brian Kittle, Director of Sales, Meritage Homes-Orlando, 407-712-8669; Brian.Kittle@meritagehomes.com

Mercantile Capital Corp. CEO Chris Hurn working hard to convince support of Obama administration’s HR 5297 small business bill

ALTAMONTE SPRINGS - Mercantile Capital Corporation Chief Executive Officer Christopher G. Hurn in Altamonte Springs is more at home on the Fox News set or the pages of Forbes magazine than his current soap box. — Stumping to drum up Republican support for HR 5297, the Obama administration’s efforts to provide capital for small businesses neglected by the major banks.

“This is a no-brainer for me,” said Hurn. “HR 5297 will benefit American small businesses. That’s the core of the American economy. That’s the primary job-creating sector of the economy,” he said.

“We’ve spent billions bailing out financial services and major manufacturers, making short term transfer payments and extending unemployment benefits, with little to show in stimulating the U.S. economy,” Hurn said.

“In the end, American small business will shoulder all those bills. We’ve got to fix the economy, and HR 5297 is the first big step in the right direction that I’ve seen so far,” he said.

Mercantile Capital Corporation ranks among the most active providers of U.S. Small Business Administration (SBA) 504 loans for small business owners who want to acquire or develop their own facilities.
* * *

For more information about this press release contact: Chris Hurn, CEO/Cofounder, Mercantile Capital Corporation, 407-786-5040; Geof Longstaff, Chairman, Mercantile Capital Corporation, 407-786-5040; Larry Vershel, Larry Vershel Communications 407-644-4142

Minority Voters Could Swing the Congressional Election in District 24, Says Congressional Candidate Paul Partyka

WINTER SPRINGS - Minority voters could make the difference in the Democratic primary race for Congress in District 24, which includes much of Seminole and east Volusia counties.
Paul Partyka, the former Winter Springs mayor who is a candidate for the Democratic nomination in District 24, said minority votes could put him over the top in his race against incumbent Suzanne Kosmas.

“Clearly, my positions are more closely aligned with the goals and aspirations of most minority voters in the 24th District,” Partyka said. “The big question is, how many minority voters will go to the polls for the primary election on Aug. 24?”

Partyka said the election of President Obama two years ago proved once and for all that increasingly influential minority communities across America can make their voices heard with powerful effect.

“If we want to build an American national government that is truly for the people and not weighted to favor the richest Americans, then it takes all of the people,” Partyka said.

“If we are to make America whole again, we have to come together as one nation, put aside our partisan differences and seek out our common interests, which are many,” Partyka said.

“Issues such as racial profiling, the 14th Amendment, the Arizona immigration law and hundreds of others are all fabricated to drive us apart,” Partyka said. “We can’t let smoke-and-mirrors manipulation of the American political process distract us from our sacred duty to fulfill the promise of America’s founders---a nation where, in practice as well as in words, all of us are created equal,” Partyka said.
* * *


For more information please contact: Paul P. Partyka, 407-341-0805 PaulPartykaforCongress@Gmail.com; Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142 Lvershelco@aol.com

Paid for and approved by the Paul Partyka for Congress Committee

Riviera Bella in DeBary to host Realtor Event Aug. 12 to showcase two new luxury homes priced under $200,000

DEBARY - Riviera Bella on the St. Johns River in DeBary is promising local area realtors special treats at a Realtor Preview Reception scheduled for Thursday, Aug. 12 to showcase two new luxury homes at Riviera Bella priced under $200,000.

Jerome Henin, president of Riviera Bella developer, Henin Group, said free food and drinks will be provided and participating realtors will be entered into a drawing to give away steak dinners at Ruth’s Chris Steak House and Fleming’s Steak House.

The Realtor Reception is scheduled from 4 to 7 p.m.

Riviera Bella is offering an added one percent to the bonus commission for any realtor who closes on the sale of a new home at Riviera Bella before Aug. 31, Henin said.

On Saturday, Aug 14, Riviera Bella will host a public grand opening to showcase the two new ready-to-move-in homes --. The Geneva with 1,610 square feet of living space and The Anna with 1,903 square feet.

Both homes are priced below $200,000 and ready for immediate move-in, Henin said.
* * *

For more information contact: Jerome Henin, Founder / President, Henin Group, 407 644-8595; Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142

M/I Homes Opens new “2010 Home of Ideas” Model at Sawgrass in Southeast Orlando

ORLANDO - M/I Homes recently opened its “2010 Home of Ideas” – the DelMar model home at Sawgrass, located off Wetherbee and Boggy Creek Rds. east of Orlando International Airport in southeast Orlando.

Jeff Kaizer, vice president of sales and marketing at M/I Homes, said the two-story DelMar model home is part of the homebuilder’s Sunrise Collection of designer homes and was designated as the official “M/I Homes 2010 Home of Ideas,” for its latest features in design trends, technology and energy efficiency.

Base priced from under $200,000, the DelMar floor plan ranges from 2,210 square feet of living space to 2,690 square feet and features four bedrooms and two-and-a-half baths, a great room, formal dining room, with a two-car garage.

M/I Homes plans to build 60 new three, four and five-bedroom homes in its Sunrise Collection of homes at Sawgrass that range from 1,480 square feet of living space to 2,892 square feet, Kaizer said.

The Sawgrass sales office at 12636 Sawgrass Plantation Blvd. Orlando 32824 is open Sunday and Monday noon to 6 p.m. and Tuesday-Saturday, 10 a.m. to 6 p.m. For sales information call 407- 858-0309 or visit www.mihomes.com.

For more information contact: Jeff Kaizer, MIRM, MCSP, VP of Sales & Marketing, M/I Homes, 407-531-5121; Tim Hall, Division President, M/I Homes Central Florida, 407-531-5100; Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142

About M/I Homes: M/I Homes (NYSE: MHO), based in Columbus, Ohio, has built and sold more than 78,000 new homes since 1976 and ranks as one of America’s most active homebuilders. M/I Homes builds single-family homes and town homes in 23 communities in Orange, Seminole and Lake Counties, and won the prestigious Grand Award in the Central Florida Parade of Homes four times within five years. To learn more, visit www.mihomes.com.

Meritage Homes Names Nunzi Burzo Director of Purchasing

ORLANDO - Meritage Homes recently hired Nunzi Burzo director of purchasing in the Orlando region.

Pam Whitmore, marketing manager, for Meritage Homes in the Orlando region, said Burzo has more than 28 years of experience in the homebuilding industry.

Burzo is a graduate of NY Institute of Technology and was formerly director of purchasing for the Raleigh, N.C. division of another national homebuilder.

“Nunzi Burzo is a highly qualified homebuilding executive and we are excited that he has joined our team,” said Whitmore.

For more information, contact: Pam Whitmore, Marketing Manager, Meritage Homes of Central Florida, 407-712-8664, Pam.whitmore@meritagehomes.com; Brian Kittle, Director of Sales, Meritage Homes-Orlando, 407-712-8669; Brian.Kittle@meritagehomes.com; Larry Vershel, Larry Vershel Communications 407-644-4142 lvershelco@aol.com

Marketplace Advisors negotiates two new retail lease agreements representing a NakedPizza Franchisee

ORLANDO – Marketplace Advisors, Inc., recently negotiated two new lease agreements representing Through Thick & Thin, LLC, a NakedPizza franchisee at Jamestown Plaza in Altamonte Springs and Woodcreek Square in Winter Springs.

David Marks, founder and president of Marketplace Advisors, Inc., represented the tenant, NakedPizza, in negotiations for 1,200 square feet of retail space at Jamestown Plaza on SR 434 in Altamonte Springs. Alanna Hogan of Coldwell Banker Commercial NRT represented the landlord, Saul Holdings Limited Partnership.

Marks also represented the tenant, NakedPizza, in a lease agreement for 1,320 square feet at Woodcreek Square located on Red Bug Lake Road in Winter Springs. Phil Carter with Quest Company represented the Landlord, Poseidon Investments, Inc.

For more information, contact: David Marks, Marketplace Advisors, Inc., 407-599-0007 dmarks@cfl.rr.com; Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142

Sale-Leaseback an increasingly important strategy to raise capital amid recession and tight lending, says NAI Realvest executive

MAITLAND – Slow economic recovery and tight lending environment have made sale-leaseback transactions an increasingly popular strategy to raise capital and focus a company’s resources on its core profit-making business, says one real estate expert.

Mez Birdie, CCIM, director of retail services at NAI Realvest, in Maitland said “Companies make a higher return on capital in its core business compared to a lower return on owning real estate. Most companies have profit margins in double digits, while real estate returns are generally in single digits.”

“Real estate can’t earn a company the same sort of returns as its primary business,” Birdie also said. “By selling real estate, a company can reduce its debt, repurchase company stock, and focus its resources on core business lines, thus adding value to the company,” he added.

Birdie said sale-leaseback transactions today are far less rigid than in times past. “Sale-leaseback offers more flexibility than owning, as a company can structure the lease to suit its long or short-term needs. A properly negotiated lease provide flexible lease terms, such as: right of lease termination by way of property substitution, right to purchase properties, right of first refusal to purchase and lease servicing programs. These flexibilities give a company the option to close or relocate poor locations,” he said.

Upcoming changes in Federal Accounting Standards Board (FASB) rules may impact sale-leaseback transactions, Birdie said. “On an after-tax basis, sale-leaseback transactions offer significant benefits, as lease payments are tax deductible. FASB rules apply to sale-leaseback transactions. To determine if the transaction qualifies as an ‘operating or capital’ lease, accounting and legal departments of the company play an important role in crafting a beneficial sale-leaseback transaction,” he explained.
* * *

For more information, contact: Mez Birdie, CCIM, Director-Retail & Investment Services, NAI Realvest 407-949-0734, Mbirdie@realvest.com; Patrick Mahoney, President and COO NAI Realvest, 407-875-9989, pmahoney@realvest.com; Beth Payan or Larry Vershel, Larry Vershel Communications, 407-644-4142

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 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.

Mattamy Homes Starts Construction of Two Model Homes at Waterlynn in Mooresville

CHARLOTTE - Mattamy Homes U.S. Group, the U.S. division of Canada’s largest home builder, has started construction of two model homes at Waterlynn, located off I-77 Exit 33 and Waterlynn Rd. in Mooresville in the Charlotte region.

Bill Kiselick, president of Mattamy Homes U.S. Group in the Charlotte Region, said the Jasmine model home offers three bedrooms, two-and-a-half baths and a loft in 2,021 square feet of living space with a two-car garage.

The two-story Lavender model home, with 2,117 square feet of living space, offers three bedrooms with a master bedroom suite on the ground floor, a loft, two-and-a-half baths and a two-car garage.

Mattamy Homes plans to build 157 new single-family homes at Waterlynn that range in size from 1,800 square feet of living space to 2,600 square feet priced from the $200s.
* * *

For more information contact: Marie Lorimer, Marketing, Mattamy Homes-Charlotte 704-375-9373; marie.lorimer@mattamyhomes.com; Bill Kiselick, Division President Mattamy Homes-Charlotte 704-375-9373 Bill.Kiselick@mattamyhomes.com; Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142

About Mattamy Homes U.S. Group: Mattamy Homes U.S. Group, www.mattamyhomes.com expanded into the U.S. in 2003 and is headquartered in Winter Park, Fla. with divisions in Charlotte, Jacksonville, Orlando, Minneapolis and Phoenix. 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.

Cuhaci & Peterson Architects awarded interior renovations contract at Loop West in Kissimmee

ORLANDO - Cuhaci & Peterson Architects, LLC based in Orlando’s Baldwin Park, have been awarded a contract for interior renovations at the Loop West, a lifestyle center being developed by The Wilder Companies of Boston.

Renovations, according to Chairman Lonnie Peterson of Cuhaci & Peterson Architects, will total 4,600 square feet at the facility located on Osceola and John Young Parkways in Kissimmee.
* * *

For more information contact: Lonnie Peterson, Chairman Cuhaci & Peterson Architects, LLC, 407-661-9100; Jed Downs, President Cuhaci & Peterson Architects, LLC, 407-661-9100; Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142

Crossman & Company's Courtney Kowalchuk completes 11 leases in Three Counties totaling over 21,000sf

ORLANDO - Courtney Kowalchuk, senior leasing associate at Crossman & Company, one of the largest third-party retail leasing and management firms in the Southeast, recently closed on 11 lease transactions that total 21,147 square feet of retail and office space in Winter Park, Orlando, Lakeland, and Tampa.

John Crossman, president of Crossman & Company, said Kowalchuk negotiated the 11 transactions representing the landlords of the shopping centers including two centers–City Plaza at Tampa Palms and Aloma Shopping Center–that Crossman & Company is redeveloping--
•Kowalchuk negotiated a five-year lease of 790 square feet with TP Nails & Spa in City Plaza at Tampa Palms at 16055 Tampa Palms Blvd.;

•Charles Jewelers renewed its lease at City Plaza at Tampa Palms for another five years. They occupy 1,395 square feet.

•Lemon Lime d/b/a Ciccio & Tony’s The Lodge renewed the lease of 4,285 square feet for five years at 16023 Tampa Palms Blvd. in City Plaza at Tampa Palms;

•At 2203 Aloma Ave. in the Aloma Shopping Center in Winter Park, Kowalchuk negotiated a 10-year lease for 3,576 square feet with Tibby’s New Orleans Kitchen, which will be the first location of Tijuana Flat’s new concept featuring a Cajun/Creole menu.

•Aloma Cinema Grill signed a new five-year lease for 1,250 square feet to expand from the 13,134 square feet it already occupies at Aloma Shopping Center;

•Dance Unique renewed its lease of 1,200 square feet for three years at Aloma Shopping Center and

•Leslie’s Pool Mart renewed its lease of 2,700 square feet for three years at Aloma Shopping Center;

•Also in Winter Park at nearby Shoppes of Aloma, T-Mobile carrier Hello Unlimited is a new tenant who leased 1,273 square feet for three years at 2250 Aloma Ave.

•In Lakeland at Southgate Shopping Center, 2,328 square feet was leased for three years by new tenant Top USA Gold Buyers at 2803 S. Florida Ave.

•The UPS Store leased 1,450 square feet for five years at 2423 S.Orange Ave. in Orange Avenue Square. Mike McNeil of BizBroker USA represented the tenant.

•Primary Care Associates leased 1,300 square feet in suite C in the Orlando Medical & Professional Complex at 1140 SR 436.

For more information contact: Courtney Kowalchuk, Senior Associate Crossman & Company, 407-581-6232; ckowalchuk@crossmanco.com; John Crossman, CCIM, President, Crossman & Company, 407-581-6218, jcrossman@crossmanco.com

Winston James Negotiates New Lease at Beville Road Business Park with Skateboard Manufacturer, Distributor

SOUTH DAYTONA - Winston James Development, LLC, recently negotiated a new long-term lease agreement at the Beville Road Business Park on Beville Road at SR 5A in South Daytona.

Winston Schwartz, president of Winston James Development, the developer and landlord of the property, said Constructive Concepts, LLC, leased 1,050 square feet of industrial space at Beville Road Business Park.

Constructive Concepts will develop, manufacture, market and distribute skateboards.

For more information contact: Winston Schwartz, President, Winston-James Development, Inc. 933 Beville Rd., South Daytona, Fla. 32119; 386-760-2555; Larry Vershel, Larry Vershel Communications 407-644-4142 lvershelco@aol.com

Crossman & Company Negotiates Two New Long-Term Lease Agreements at Hunter’s Creek Plaza in southwest Orlando

ORLANDO - Crossman & Company, one of the largest third-party retail leasing and management firms in the Southeast, recently negotiated two new long-term lease agreements for 1,400 square feet each at Hunter’s Creek Plaza in southwest Orlando.

John Crossman, president of Crossman & Company, said Whitaker Leonhardt negotiated both leases on behalf of the landlord, Hunter Creek Plaza, LLC.

Hurricane’s Ice Cream leased the space at 2061 Town Center Blvd. and Marco’s Pizza leased 2097 Town Center Blvd. in the plaza.

“With the addition of Hurricane’s Ice Cream and Marco’s Pizza, this Super Target-anchored shopping center in Hunter’s Creek gained two complementary uses to the existing strong tenant mix. It’s a positive sign for the retail market to have small shop deals getting transacted,” Leonhardt said.

For more information contact: Whitaker Leonhardt, Crossman & Company 407-581-6232; WLeonhardt@crossmanco.com; Molly Delahunty, Crossman & Company 407-481-6220 mdelahunty@crossmanco.com; John Crossman, CCIM, President, Crossman & Company, 407-581-6218, jcrossman@crossmanco.com; Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142, lvershelco@aol.com

About Crossman & Company: Headquartered in Orlando, Florida, Crossman & Company is a commercial real estate brokerage firm that specializes in the retail industry. Currently their portfolio under leasing and/or management exceeds 150 shopping centers throughout the Southeast US. Founded in 1990, Crossman & Company focuses solely on landlord representation and serves clients including Publix, PREIT, and GE. Please visit www.crossmanco.com, or call 407-423-5400 for more information.

NAI Realvest Negotiates New Office Lease in Daytona Beach for Physicians Group’s 7th Central Florida Location

MAITLAND – NAI Realvest recently negotiated a new lease agreement for 2,600 square feet of medical/professional office space located at 411 Frederick Avenue, Suite 4 off George Engram Blvd. and N. Nova Road in Daytona Beach.

Paul Partyka, a principal at NAI Realvest negotiated the lease agreement representing the tenant, Sarasota-based Physicians Group, LLC, a Joint Commission accredited organization designated to treat auto accident patients. Physicians Group, with more than 50 locations across Florida and Minnesota is opening its seventh Central Florida facility at the site.

CIA Developers of Melbourne is the landlord.

For more information, contact: Paul P. Partyka, Managing Partner, NAI Realvest, 407-875-9989 ppartyka@realvest.com; Patrick Mahoney, President NAI Realvest, 407-875-9989 pmahoney@realvest.com; Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142

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 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, Integrity Home Loan of Central Florida Form Strategic Alliance

ORLANDO - Stirling Sotheby’s International Realty has formed a strategic alliance with Integrity Home Loan of Central Florida, Inc., a full service lender offering a broad portfolio of loan programs for all types of buyers.

Roger Soderstrom, owner and founder of Stirling Sotheby’s International Realty, said the alliance provides Stirling Sotheby’s with an important resource to finance sales of upscale homes in the Central Florida region at the most competitive rates and terms.

“Our alliance with Integrity Home Loan of Central Florida gives us a big and important tool to help home owners sell their homes in a market where financing has been challenging for some home buyers,” Soderstrom said.

“We’re honored to have this opportunity to provide mortgage financing for Stirling Sotheby’s International Realty’s clientele,” said Matt Malloy, president of Integrity Home Loan. “We believe, along with Stirling Sotheby’s, that by providing financing, products, industry knowledge and superior service, this alliance will allow our team to dominate the Florida market,” Malloy added.

For more information, contact: Roger Soderstrom, Founder/Owner Stirling Sotheby’s International Realty, 407-581-7890; Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142

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.

Florida Trend Magazine ranks Crossman & Company one of Florida’s Best Companies to Work For

ORLANDO - Crossman & Company, one of the largest third-party retail leasing and management firms in the Southeast, was recently named one of the “2010 Best Companies to Work For in Florida” by Florida Trend magazine, a leading corporate business monthly publication.

“We have assembled a great staff of highly motivated, well-educated and dedicated professionals and the credit, frankly, goes to them,” Crossman said.

Crossman & Company could rank as one of Florida’s fastest growing professional companies, Crossman added. Nine Crossman & Company specialists started work during the last fiscal year.

For more information, contact: John Crossman, CCIM, President, Crossman & Company, 407-581-6218, jcrossman@crossmanco.com; Molly Delahunty, Crossman & Company, 407-581-6220 mdelahunty@crossmanco.com; Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142, lvershelco@aol.com

About Crossman & Company: Headquartered in Orlando, Florida, Crossman & Company is a commercial real estate brokerage firm that specializes in the retail industry. Currently their portfolio under leasing and/or management exceeds 150 shopping centers throughout the Southeast US. Founded in 1990, Crossman & Company focuses solely on landlord representation and serves clients including Publix, PREIT, and GE. Please visit www.crossmanco.com, or call 407-423-5400 for more information.

Value Key to Lennar’s Strong Sales at Heritage Bay Golf and Country Club in Naples

NAPLES - Lennar reports it sold more than 100 new homes since January at Heritage Bay, a gated golf and country club resort community located on Immokalee Road five miles east of I-75 in Naples.

Matt Devereaux, director of sales for Lennar’s Southwest Florida Division, said value is the key ingredient to the home builder’s success in the southwest Florida region

“Heritage Bay offers a range of single-family homes and condominiums that are both affordably priced and rich in amenities,” Devereaux said.

“That all adds up to tremendous value when you are a retiree or empty nester trying to live the good life,” he said.

To start, new home buyers at Heritage Bay receive free membership in the Heritage Bay golf club with its 27-hole championship golf course.

Pricing starts from the $160s for terrace condominiums and verandas to over $500,000 for luxury coach and estate homes. Homes range in size from 1,194 square feet to over 2,900 square feet of living space.

Community amenities also include seven lighted Har-Tru tennis courts with stadium seating for tournaments, a well-appointed 42,000 square two-story clubhouse with state-of-the-art fitness center and resort-style swimming pool with Chickee Bar.

“Eighty percent of the land at Heritage Bay is comprised of lakes, golf course, conservation areas and open preserves,” Devereaux said.

For information about Heritage Bay call 239-348-1087 for terraces and verandahs and 239-304-9202 for luxury coach and estate homes, or visit www.Lennar.com.

For more information contact: Matt Devereaux, Director of Sales, Lennar-Southwest Florida 239-278-1177; Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142

Crossman & Company negotiates renewal lease at Eustis Square

EUSTIS - Crossman & Company, one of the largest third-party retail leasing and management firms in the Southeast, recently negotiated a three-year lease renewal agreement with Ron’s Coins for 400 square feet at 218 West Ardice Ave. in the Eustis Square Shopping Center.

Leasing Associate Daniel Germano negotiated the transaction representing the landlord Eustis Square One.
* * *

For more information please contact: Daniel Germano, Leasing Associate, Crossman & Company, 407-423-5400 or 407-581-6223; John Crossman, CCIM, President, Crossman & Company, 407-581-6218, jcrossman@crossmanco.com; Molly Delahunty, Crossman & Company, 407-581-6220 mdelahunty@crossmanco.com; Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142, lvershelco@aol.com

About Crossman & Company: Headquartered in Orlando, Florida, Crossman & Company is a commercial real estate brokerage firm that specializes in the retail industry. Currently their portfolio under leasing and/or management exceeds 150 shopping centers throughout the Southeast US. Founded in 1990, Crossman & Company focuses solely on landlord representation and serves clients including Publix, PREIT, and GE. Please visit www.crossmanco.com, or call 407-423-5400 for more information.

Stirling Commercial Group Negotiates Lease for 7,200 Square Feet of Downtown Orlando Office Space to Solar Company

ORLANDO - Stirling Commercial Group recently negotiated a new five-year lease for 7,200 square feet of office space in the Centennial Bank building at 250 N. Orange Ave. across from St. James Cathedral in downtown Orlando.

Stirling Commercial Group associates John Kurtz and James Mincy negotiated the agreement representing both the landlord, 250 North Orange Ave. LLC and the tenant, Solar Smart, LLC.
Kurtz said Solar Smart, LLC will occupy the entire 10th floor of the building starting in November.

Solar Smart, LLC, an affiliate of Emory Development and Electric Inc. of Maitland, is one of the leading providers of alternative energy devices in the U.S., focusing on solar hot water, solar pool systems, residential wind turbines, and photovoltaic solutions.
* * *


For more information, contact: James A. Mincy or John Kurtz, Sales Associate, Stirling Commercial Group 407-581-5550; Roger Soderstrom, Owner/Founder Stirling Commercial Group, 407-581-7890; Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142

Hurricane season can cause big waves for home buyers

ORLANDO - It’s little known, but Florida’s hurricane season can cause a wave of problems for home buyers. Roger Soderstrom, founder and owner of Stirling Sotheby’s International Realty in Orlando, said. The mere approach of a hurricane can shut down a home sale quicker than you can say Katrina.

Soderstrom, whose company formed an alliance with Florida Insurance Specialists in Lake Mary to help clients buy homeowner’s insurance during the sale closing process, said insurance underwriters won’t write policies in some areas once a potential hurricane is named.

“Once a hurricane is named and its likely course is plotted, home insurance underwriters cease activity on new policies in the projected path of the hurricane,” explained Rhett Robbins of Florida Insurance specialists.

“That could delay the sale of a home for as much as a week or more,” Soderstrom said.

“There’s nothing we can do about it but it’s something we have to watch closely during storm season,” Soderstrom said.

For more information contact: Roger Soderstrom, Founder/Owner, Stirling Sotheby’s International Realty 407-581-7890; rsoderstrom@stirlingSIR.com; Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142; lvershelco@aol.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 zones which serve all of Central Florida. Visit www.StirlingSIR.com.

Grubb & Ellis|Commercial Florida Names Patrick Kelly Executive Vice President, Managing Director

TAMPA - Grubb & EllisCommercial Florida, associated with 130 offices worldwide, has appointed Patrick Kelly executive vice president and managing director in the firm’s Tampa office.

Jeff Sweeney, SIOR, president of Grubb & EllisCommercial Florida, said Kelly is a sixth-generation Floridian who earned his B.A. Degree in Hospitality Management from Florida State University and has more than 30 years of experience in commercial real estate.

Kelly is the former president of Rubin Real Estate in Pinellas County. He was also the Florida and regional partner of Vantage Companies (VRS) – a national development and realty services company – for 18 years before selling his interest in 2000.

Sweeney said Kelly’s responsibilities will include supervision of distressed assets, recruitment, business development and productivity in the firm’s Tampa office.

“Patrick Kelly is one of the most experienced commercial real estate veterans in Florida and we expect him to play an important role in our growth,” said Sweeney.

* * *

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 Tampa, Orlando and Melbourne offices which serve the entire mid-Florida marketplace.

About Grubb & Ellis Company: Grubb & Ellis Company (NYSE:GBE) is one of the largest and most respected commercial real estate services and investment companies in the world. Our 6,500 professionals in more than 100 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.

Brand Advance Names Well-Traveled International Affairs Graduate as Account Executive

ORLANDO – Brand Advance, an Internet marketing and web-design business, has named Alexandra Gramatikas?a world traveler who had backpacked through 15 countries by the time she was 18 and reached the summit of Mount Kilimanjaro when she was 20?as an account executive with its marketing team.

Gramatikas, a recent Florida State University graduate, majored in international affairs and minored in business with an emphasis in marketing. During her time at FSU, the Dean’s-list student and Zeta Tau Alpha leader gained valuable experience heading up marketing efforts that helped raise more than $400,000 for the Children’s Miracle Network and $50,000 for the Susan G. Komen Breast Cancer Foundation.

Her accomplishments, which also include a Best in Show ribbon from the Maitland Art Festival and a black belt in Tae Kwon Do, are not limited to the college campus, says Brand Advance Chief Operations Officer Robert Urban.

“Alexandra’s strong will, devotion and determination knows no boundaries, as is evidenced by her numerous life experiences,” Urban said.

“Her accomplishments at such a young age–backpacking through Third-World countries, scuba diving in more than 100 of the world’s most exotic waters, and hiking through jungles to count monkeys for an Amazonian research center–are indicative of a positive attitude and a strong work ethic that can only complement Brand Advance’s free-spirited team,” he said.

Brand Advance – headed up by Chief Executive Officer David Brim – is a client company in the University of Central Florida Business Incubation Program and is based at its Orlando location at 3218 East Colonial Drive.

About Brand Advance: Brand Advance LLC is a full-service web-design, development and marketing company based in Orlando, Fla. Led by industry veterans David Brim and Robert Urban, the company’s goal is to advance brands, websites and ventures. Brand Advance has the perfect mix of talented designers and developers, as well as marketing professionals to help grow businesses. For more information, please visit www.brandadvance.net

About the UCF Business Incubation Program: Since its founding in 1999, the UCF Business Incubation Program has helped more than 140 emerging companies (including 90 current clients) create over $800 million in annual revenue and more than 1,600 new jobs with an average salary of $59,000. With eight 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, Osceola County, the City of Kissimmee, City of St. Cloud, and the Florida High Tech Corridor Council. For more information, please visit www.incubator.ucf.edu.

For more information about this release, please contact:David Brim CEO or Robert Urban COO, Brand Advance, 407-219-0031, or david@brandadvance.net, robert@brandadvance.net;Melissa Wasserman, Site Manager, UCF Business Incubation Program-Orlando, 321-281-8384, mwasserm@mail.ucf.edu; Charlene Hager-Van Dyke, Larry Vershel Communications, 386-532-8862 or 407-644-4142; chagervandyke@yahoo.com

Stirling Commercial Group Negotiates Sale of 6,727 Square Foot Downtown Orlando Office Condominium, Exclusive Leasing Agreement

ORLANDO - Stirling Sotheby’s International Realty’s Commercial Group recently negotiated the sale of a 6,727 square foot office condominium on the 11th floor of The Plaza building on Orange Avenue and Church Street in downtown Orlando.

Stirling Commercial Group associates John Kurtz and James Mincy negotiated the sale representing the buyer, ACM DT Properties, LLC. Worldwide Auction Realty Services represented seller The Plaza, LLC.

Stirling Commercial Group was named exclusive leasing agents for the office condominium, which controls the 30,000 square foot Sky Terrace on the 11th floor of The Plaza.

“The Sky Terrace is the crown jewel of this property,” Kurtz said. “It’s a perfect space for special events, an executive club, a lounge or any number of unique uses.”

For more information, contact: James A. Mincy or John Kurtz, Sales Associate, Stirling Commercial Group 407-581-5550; Roger Soderstrom, Owner/Founder Stirling Commercial Group, 407-581-7890; Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142

Lennar records 100th new home sale this year at Bella Terra in Estero

ESTERO - Lennar reported it has sold 100 new homes since December at Bella Terra, the country club community Lennar is developing three miles east of I-75 on Corkscrew Road in Estero.

Matt Devereaux, director of sales for Lennar’s Southwest Florida division, said Lennar recently introduced eight new floor plans at Bella Terra priced from the $160s and sales have been strong all year.

“The Bella Terra community design, packed with resort-style amenities, dramatically increased the value of the Bella Terra lifestyle and home buyers see this immediately,” Devereaux said.

New single-family homes and twin villas at Bella Terra range in size from 1,400 square feet of living space to more than 3,800 square feet priced from the $160s to more than $500,000.

Bella Terra features a 7,000 square foot community clubhouse with state-of-the-art fitness center, meeting room, club room with kitchen, children’s play area, game room, on-site management office, and southwest Florida’s largest swimming pool, a million dollar pool with waterfall and spa.

Community amenities also include basketball, tennis, sand volleyball and bocce ball courts, walking trails, and ball fields, with an in-line community skating rink and fully-equipped playground.

For more information about Bella Terra call 239-243-8699 and talk to Julie Tucci, Mark Lavenia, Gary Musselman or Nick Rigoni at Lennar’s Welcome Home Center, 21548 Belvedere Lane, Estero, FL 33928 or visit www.Lennar.com.

For more information about this news release, contact: Matt Devereaux, Director of Sales, Lennar-Southwest Florida 239-278-1177; Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142

Kolter Homes Starts Third Phase at Grande Oaks at Heathrow with Discounted Pricing and Home Buyer Incentives

LAKE MARY - Kolter Homes has started sales of the third phase at Grande Oaks at Heathrow, the luxury gated townhome community located off H.E. Thomas Jr. Parkway and Orange Blvd. in Lake Mary.

Steve Bovio, senior project manager at Grande Oaks at Heathrow, said Kolter Homes recently reduced prices on luxury townhomes and is now offering many homebuyer incentives.

Three and four-bedroom town homes at Grande Oaks at Heathrow priced from the low $200s range in size from 1,857 square feet of living space to 2,387 square feet.

Bovio said Kolter Homes recently completed 19 ready-to-move-in town homes at Grande Oaks at Heathrow.

Grande Oaks at Heathrow (www.KolterGrandeOaks.com) features its own private lakefront recreation center with fitness area, meeting room, 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.

For more information contact: Larry Vershel or Beth Payan Larry Vershel Communications, 407-644-4142 Lvershelco@aol.com; 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.

Stirling Sotheby’s International Realty Sees Increase in Luxury Home Sales at Lake Forest in North Seminole

ORLANDO - Stirling Sotheby’s International Realty reports that sales of luxury homes in Lake Forest in north Seminole County have been increasing at a steady clip.

Stirling Sotheby’s International Realty Associates Sally Andy and David Warren, who focus on the luxury community located off SR 46, said 17 luxury homes have sold at Lake Forest during the first six months of 2010 at an average sale price of $397,000. (View market stats at http://www.stirlingsir.com/video/uneek/Postcards/Lake%20Forest/Lake%20Forest%20Powerkard.pdf).

Only 10 homes sold at Lake Forest in the same period of 2009.

Since January of this year, 33 homes at Lake Forest have been listed for sale and almost a third of them — nine sales — are currently pending, Andy said.

Warren said the highest sale price for the first half of this year was $683,616 compared to the $1,040,000 highest sale reported at Lake Forest in 2009.

“In 2009 the average Lake Forest asking price listed was $499,145. Today, the average asking price is $480,170, only a small variation,” he said.

The difference between the average asking price and the average sale price is approximately 4 percent, Warren said.

“There’s been a big increase in the number of visitors touring the community and the sales speak for themselves,” said Andy and Warren. “There may be a little room for negotiation, but Lake Forest pricing is pretty stable, and asking prices are pretty realistic,” they added.

For more information contact: Sally Andy or David Warren, Stirling Sotheby’s International Realty, (Sally: 407-687-7295, sally@sallyandy.com )(David: 407-928-3760, david@sallyandy.com); Roger Soderstrom, Owner/Founder Stirling Sotheby’s International Realty, 407-581-7890; Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142

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.

Dr. Phillips Center for the Performing Arts is critical link in Downtown Orlando resurgence, John Crossman says

ORLANDO - The Dr. Phillips Center for the Performing Arts is one of Orlando’s “Big Three” projects to redevelop the downtown district. The new Amway Center is set to open in October and work to renovate the Citrus Bowl is scheduled. The open parking lot across from City Hall where the Center for Performing Arts will be located is now fenced off with construction to commence shortly, said 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.

Crossman recently moderated a panel discussion at Embassy Suites Hotel on Pine Street in downtown Orlando to discuss the Dr. Phillips Center for Performing Arts and the future of downtown Orlando. Speakers included Davon Barbour, assistant director of the Downtown Development Board/Community Redevelopment Agency, Alexis Jackson, vice president of communications for the Dr. Phillips Center and Walter O’Shea, vice president of development for Hines.

“Sports facilities are important as business generators, and the Orlando region will turn out to support our sports teams,” Crossman told the group. “But long-term, the educational, community and cultural growth that will emanate from the Dr. Phillips Center for the Performing Arts will result in more cultural and educational enrichment and greater long-term benefits,” Crossman said.

* * *

For more information please contact: John Crossman, CCIM, President, Crossman & Company, 407-581-6218; Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142

About Crossman & Company:
Headquartered in Orlando, Florida, Crossman & Company is a commercial real estate brokerage firm that specializes in the retail industry. Currently their portfolio under leasing and/or management exceeds 150 shopping centers throughout the Southeast US. Founded in 1990, Crossman & Company focuses solely on landlord representation and serves clients including Publix, PREIT, and GE. Please visit www.crossmanco.com, or call 407-423-5400 for more information.