Friday, February 19, 2010

Beazer Homes starts presales of town homes priced from under $150,000 at Hampton Lakes in Westchase area

TAMPA - Beazer Homes recently started presales of two and three-bedroom town homes priced from $149,990 at its newest community of Hampton Lakes, located off Racetrack Rd. near Countryway Blvd. in the Westchase area.

Kareyann Rhodes, sales manager for Beazer Homes in the Tampa Bay region, said Beazer sold a new town home at Hampton Lakes on the first day sales opened at the community where construction of the first 15 town homes and one model town home will start.

Altogether 68 town homes are planned at Hampton Lakes, along with a community swimming pool and cabana.

Three floor plans are available, Rhodes said. The Amherst, with two bedrooms and two-and-a-half baths, in 1,335 square feet of living space, is priced at $149,990 with a two-car garage.

The Bermuda, with three bedrooms, two-and-a-half baths and 1,483 square feet, is priced at $166,990 with a two-car garage.

The Caribbean offers three bedrooms with a bonus room or an optional fourth bedroom in 1,852 square feet priced at $195,990 with a two-car garage. Rhodes said the Caribbean offers another popular feature---a downstairs master suite.

Beazer Homes is offering a special bonus for the first five home buyers at Hampton Lakes---an upgraded stainless steel appliance package and free washer, dryer and refrigerator.

“All town homes at Hampton Lakes offer courtyards and additional outdoor living areas,” said Rhodes, “and all are built with the Beazer eSMART features that increase energy and water efficiency and indoor air quality.”
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For more information, contact: Kareyann Rhodes, Sales Manager, Beazer Homes/Tampa Division 813-663-9002 Krhodes@beazer.com; Theresa Tilton, Vice President of Sales Beazer Homes/Florida 407-339-4114; ttilton@beazer.com; David Byrnes President Beazer Homes / Florida 407-339-4114 dbyrnes@beazer.com

About Beazer Homes: Beazer Homes, headquartered in Atlanta, is one of the country's 10 largest single-family homebuilders with operations in 17 states. Beazer Homes is listed on the New York Stock Exchange under the ticker symbol "BZH."

Grubb & Ellis|Commercial Florida Negotiates REO Sale of Three Treasure Island Condos for $1.995 Million

TAMPA - Grubb & EllisCommercial Florida recently negotiated REO sales of three waterfront condominiums on Treasure Island for $1.995 million.

Jeff Sweeney, SIOR, president of Grubb & EllisCommercial Florida, said the condominiums are part of a portfolio of nine bank-owned luxury condominiums at Serena Bay Condominiums at 260 108th Ave. in Treasure Island overlooking Boca Ciega Bay.

Sweeney said Nat Barganier, executive director of the Grubb & EllisCommercial Florida Distressed Property Services Group and head of Multi-Family Investment Sales, teamed and negotiated all three sales with Dania Perry of Jim White Century 21, a residential sales specialist for Tampa Bay area waterfront units.

The Grubb & EllisCommercial Florida DPS Group was the Receiver. “We formed the Grubb & EllisCommercial Florida Distressed Property Group last year to provide real estate services to banks and lenders with REO portfolios,” Sweeney explained. The group includes top Grubb professionals with a deep bench of receiver, banking, development, management and reposition qualifications.

Local home buyers Axel and Kit Hoewt, Charles and Judy Gallagher and Coral L. Bowers acquired the 2,650 square foot high-end condominiums.

“For the buyers, the sale represents tremendous value. For the lender, we are able to remove distressed properties from their books at an agreeable price. Early on Barganier encouraged the lender to pursue both a “retail” and “bulk” sale of units in order to maximize buyer coverage and potential return. “Nat has several excellent properties remaining to sell and we’re still accepting distressed property assignments,” Sweeney said.

About Grubb & EllisCommercial Florida: Grubb & EllisCommercial Florida is an affiliated commercial real estate services firm specializing in the leasing and sale of office, industrial, retail, land and investment properties. Currently Grubb & EllisCommercial Florida has 45 brokers divided among its Tampa, Orlando and Melbourne offices to serve the entire mid-Florida marketplace. Visit www.commercialfl.com.

About Grubb & Ellis Company: Named to The Global Outsourcing 100™ in 2009 by the International Association of Outsourcing Professionals™, Grubb & Ellis Company (NYSE: GBE) is one of the largest and most respected commercial real estate services and investment companies in the world. Our 6,000 professionals in more than 130 company-owned and affiliate offices draw from a unique platform of real estate services, practice groups and investment products to deliver comprehensive, integrated solutions to real estate owners, tenants and investors. The firm’s transaction, management, consulting and investment services are supported by highly regarded proprietary market research and extensive local expertise. Through its investment subsidiaries, the company is a leading sponsor of real estate investment programs that provide individuals and institutions the opportunity to invest in a broad range of real estate investment vehicles, including public non-traded real estate investment trusts (REITs), mutual funds and other real estate investment funds. For more information, visit www.grubb-ellis.com.

CONTACTS:Grubb & EllisCommercial Florida, 3030 N. Rocky Point Drive W., Tampa, FL 33609, www.commercialfl.com Nat Barganier 813-639-1111 ext. 205; Jeffrey Sweeney, SIOR 407-481-5387

University Club of Orlando to Host Brides Against Breast Cancer Bridal Fashion Show March 12-14

ORLANDO - The University Club of Orlando will host the Brides Against Breast Cancer Fashion show on Friday through Sunday, March 12-14, at the University Club on Central and Rosalind Ave. in downtown Orlando across from the Orlando Public Library.

Justin Wright, events director at the University Club of Orlando, said Brides Against Breast Cancer will premier the latest in bridal fashions at free showings on Saturday and Sunday.

Prospective brides and their guests are invited to a special VIP reception and preview on Friday night, Wright said. The cost of the VIP reception is $40 for brides and $25 for guests, and bridal gowns and accessories will be available for sale at sharply discounted prices.

“Best of all,” Wright said, “All proceeds will be donated to Brides Against Breast Cancer.”

“The organization plans to use some of the proceeds to donate a “last wish” to a terminally ill bride,” Wright said.

For more information, visit www.bridesagainstbreasdtcancer.org or contact Wright at 407-425-2514 or privateevents@ucluborlando.com.

For more information about this press release, contact: Justin Wright, Membership & Events Director, The University Club of Orlando 407-425-2514; privateevents@ucluborlando.com; Susan Greene, General Manager, The University Club of Orlando 407-425-2514, gm@ucluborlando.com

Lake Forest Realty to Host Free Home Buyer Seminar at Florida Bank of Commerce in Lake Mary on March 2

LAKE FOREST - Lake Forest Realty, which sells homes and home sites in Lake Forest, the luxury gated community located on S.R. 46 west of Sanford, will host a free seminar for potential home buyers on Tuesday, March 2 at 6 p.m. at the Florida Bank of Commerce, 1190 Business Center Dr. in Lake Mary.

Rick Bavec, a principal at Lake Forest Realty and Tolaris Homes, said CPA Lou Lauteria will offer seminar participants independent advice on how to buy a home; how to qualify for the $8,000 tax credit incentive for first-time home buyers; Lake Forest Realty Sales Manager Eleanor Bliss will discuss the home buying process – what happens between contract and close; Senior Mortgage Consultant Bill Siegrist of FBC Mortgage LLC will talk about the mortgage approval process and several other professionals will cover what to expect from appraisers, how to negotiate with mortgage lenders; and how and when to take advantage of short sales and foreclosure sales.

Bavec said the seminar is co-sponsored by Legacy Title, Inc. of Seminole County and the Florida Bank of Commerce.

Refreshments will be served, Bavec said. To register for the seminar phone 407-377-6323 or visit www.laura@legacytitlecf.com.

For more information, contact: Rick Bavec, Principal Lake Forest Realty/Tolaris Homes, 407-322-5253

Mattamy Homes ranks as top home builder in Twin Cities for 2009

BURNSVILLE - Mattamy Homes - Minneapolis, a division of Canada’s largest homebuilder, reported it was ranked by the Keystone Report as the number one homebuilder in the Twin Cities market for 2009.

Steve Logan, vice president of Mattamy Homes in Minnesota, said the home builder pulled permits for 250 units last year – more than any other home builder.

At the same time, Logan said the 250 units represented a 134 percent increase over 2008, the same comparison period the balance of the market experienced a 27 percent decrease.

Currently Mattamy Homes builds single-family and town homes in seven communities throughout the Twin Cities.

For more information contact: Steve Logan, Vice President, Mattamy Homes-Minnesota 952-898-6129; steve.logan@mattamyhomes.com

About Mattamy Homes U.S. Group: The Canadian based homebuilder, with annual revenues exceeding $1.3 billion, operates US home building divisions in Minneapolis, Phoenix, Charlotte, Jacksonville and Orlando. Visit www.mattamyhomes.com.

Leesburg’s UCF Business Incubator to Host Open House Tuesday, Feb. 23 from 4 to 6 P.M.

LEESBURG - The UCF Business Incubator-Leesburg will host an open house on Tuesday, Feb. 23 from 4 to 6 p.m. at the program’s headquarters facility at 600 Market St. in Leesburg.

Incubator site manager James Spencer said six client companies have already joined the Business Incubation Program in Leesburg and the facility currently can accommodate seven client companies.

The UCF Business Incubator-Leesburg houses the UCF Business Incubation Program as well as UCF’s Small Business Development Center. It is a joint project of the University of Central Florida in Orlando, the City of Leesburg and Lake County, Spencer said.

The Leesburg Business Incubator provides technical assistance and office space to help promising new enterprises accelerate their growth, Spencer explained.

“Our job is to help grow local businesses to create more local employment and improve the local economy,” Spencer said.

The University of Central Florida Incubation Program, which opened 10 years ago, ranks as one of the most successful incubation programs in the U.S.

For more information about this release, please contact:
James Spencer, Site Manager, UCF Business Incubator-Leesburg, 352-315-1846, jspencer@mail.ucf.edu; Gordon Hogan, Director of Operations, UCF Business Incubation Program, 407-882-1157; ghogan@mail.ucf.edu

About the UCF Incubation Program:
Since its founding in 1999, the UCF Business Incubation Program has helped more than 130 emerging companies (including nearly 80 current clients) create over $500 million in annual revenue and more than 1600 new jobs with an average salary of $59,000. With seven facilities across the Greater Orlando community, the Incubation Program is a collaboration in economic development between the University of Central Florida, Orange County, the City of Orlando, Seminole County, the City of Winter Springs, The City of Sanford, Lake County, the City of Leesburg, and the Florida High Tech Corridor Council. For more information, please visit http://www.incubator.ucf.edu/

Crossman & Company Commercial Real Estate Expands Into Georgia, Tennessee, South Carolina

ORLANDO - Crossman & Company (www.crossmanco.com), which ranks as one of the largest third-party retail leasing, management, and development firms in the Southeast, recently expanded into the Georgia, South Carolina and Tennessee markets, taking over leasing and management of five retail centers and ten former Publix Supermarket facilities in the metro Atlanta area and Statesboro, as well as Nashville and Murfeesboro, Tenn. and Hilton Head, S.C.

John Crossman, the president of Crossman & Company who formerly served as a Principal with Trammell Crow Company in Atlanta, said the firm’s focus on retail property leasing, sales and management should prove a strong advantage in Georgia.

Crossman & Company recently assumed responsibility for leasing and management of eight former Publix Super Market facilities and three Publix-anchored shopping centers totaling 800,000 square feet of retail space in the metro Atlanta and Statesboro markets.

Crossman, a frequent speaker at universities and national retail association conferences, said retail property management, leasing and sales is evolving new strategies to respond to current economic conditions.

“Property owners are learning that traditional strategies are not sufficient to meet the demands of today’s asymmetrical retail market,” Crossman said. “Survival in today’s economy requires a closer working relationship between property owners, facility managers and retailers, and innovative strategies to better accommodate both customers and tenants,” he said.

Crossman & Company is responsible for leasing small-shop space within Publix-owned shopping centers, leasing outparcels and all subleasing or lease disposition of former Publix locations, according to Crossman.
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For more information please contact:
John Crossman, CCIM, President, Crossman & Company, 407-581-6218, jcrossman@crossmanco.com

About Crossman & Company:
Crossman & Company is one of the largest third-party retail leasing and management companies in Florida with over 16 million square feet under leasing and/or management. Founded in Orlando, Fla. in 1990, Crossman & Company is a full service commercial real estate firm that advises its clients in leasing, management, development and investment sales of retail and office properties and serves clients including Lakeland based Publix Super Markets, Inc., Lake Nona, PREIT, and LaSalle Investment Management. Please visit www.crossmanco.com, or call 407-423-5400 for more information.

NAI Realvest negotiates new lease for Class A office space at Primera Court II in Lake Mary

MAITLAND – NAI Realvest recently negotiated a new lease agreement for 2,760 square feet of class A office space in Primera Court II at 735 Primera Blvd. in Lake Mary.

Senior Associate Mary Frances West, CCIM negotiated the transaction representing the landlord Interchange-Primera II, LLC of Daytona Beach.

Paylocity, a payroll and HR services firm based in Arlington Heights, Ill., leased suite 235 in the building for a new office to serve the Central Florida region. Pamela Grossman of Studley, Inc. out of Chicago represented the tenant.
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For more information, please contact: Mary Frances West, CCIM, Senior Associate NAI Realvest, 407-875-9989 mwest@realvest.com; Patrick Mahoney, President, NAI Realvest, 407-875-9989 pmahoney@realvest.com;

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

Avalon Park in East Orlando braces for wave of new development when Innovation Way–S.R. 528 link opens to Medical City

ORLANDO - Avalon Park in east Orlando is bracing for a wave of new commercial development and new jobs when Orange County opens a temporary interchange in May linking the UCF campus and the Innovation Way corridor with S.R. 528, Lake Nona’s Medical City and Orlando International Airport.

Eric Marks, senior vice president and chief operating officer at Avalon Park Group, said Avalon Park is approaching the halfway point of its approved one million square feet of commercial space, and new development resulting from the transportation link could add as much as 550,000 square feet of commercial space at Avalon Park within five to seven years.

“As the middle link between the UCF campus and the UCF College of Medicine, we’re perfectly located to serve both hubs simultaneously,” Marks explained.

“The economic impact in terms of new employment and new development will benefit the entire east Orlando region, and we anticipate an increase in demand within the first year,” he said.

Medical City, which also includes the new V.A. Hospital, Nemours Children’s Hospital and the Burnham Institute for Medical Research, is expected to generate more than 5,000 new jobs over the next five years, including doctors, medical staff, technicians and support workers. Widening Alafaya Trail will begin next June.

Marks said Avalon Park will benefit from two types of commercial users.

“We will see a significant increase in demand for space to serve our existing community,” Marks said. Avalon Park now includes more than 3,500 homes, with a mixed-use downtown district that includes offices, shops and stores, along with condominiums and rental apartments.

“Downtown Avalon Park is a tremendous asset,” Marks said. “The opportunity to walk out of your office building onto a downtown street within a block or two of dozens of restaurants, cafes, shops and stores is very appealing,” he said.

Avalon Park’s equidistance from the UCF campus and Medical City will attract a second group of service businesses and providers that want to serve both markets, Marks added.

“From service businesses such as health care, insurance and legal to primary employers such as software, telecommunications and research and development firms, Avalon Park offers a unique environment,” he said.
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For more information contact: Eric Marks, Senior Vice President, Avalon Park Group 407-658-6565; ericm@avalonparkgroup.com; Ross Halle, Vice President / Town Planner, Avalon Park Group 407-568-6565; rossh@avalonparkgroup.com; Stephanie Hodson, Marketing Coordinator, Avalon Park Group, 407-658-6565; Stephanie@avalonparkgroup.com; Beat Kahli, Owner/Founder, Avalon Park Group, 407-658-6565

Twitter, Facebook Tools for Commercial Real Estate Executives is Agenda of ICSC Panel Discussion Feb. 25-26 in Tampa

TAMPA - Social media---Twitter, FaceBook, Flickr---and LeadsCommunity.com, a recent web launch designed for commercial real estate professionals, are the focus of a panel discussion at the International Council of Shopping Centers’ Idea Exchange conference scheduled Feb. 25-26 at the Grand Hyatt Hotel in Tampa.

John Crossman, CCIM, president of Crossman & Company, the Orlando firm that ranks as one of the largest third-party retail leasing and management firms in the Southeast will head the panel discussion on social media tools on Friday, Feb. 25.

“We’re going to take an in-depth look at how social media sites and apps are helping commercial real estate executives gain exposure for projects and ultimately get deals done,” Crossman explained.

Panelists including Andrew Gregory, President of eMedia Concepts; Kevin Hourigan, President and CEO of Bayshore Solutions; and Hue Chen, founder of Leadscommunity.com, plan to discuss the latest trends in Facebook, Twitter, Flickr, and real estate-specific sites such as LeadsCommunity.com, Crossman said.

“We will offer tips and best practices to help all skill levels,” Crossman said. “Social networking can be a valuable and highly profitable tool and anyone can learn to do it,” he said.

For details about the West Florida ICSC Idea Exchange, visit http://www.icsc.org/apps/meeting_display.php?meeting=2010WF.

ICSC Next Generation Chairman Justin Greider, senior associate at Crossman & Company, will present a Retail Trends Update during the conference on the same date.
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For more information please contact:
John Crossman, CCIM, President, Crossman & Company, 407-581-6218, jcrossman@crossmanco.com;
Molly Delahunty, Crossman & Company, 407-581-6220 mdelahunty@crossmanco.com

About Crossman & Company:
Crossman & Company is one of the largest third-party retail leasing and management companies in Florida with over 16 million square feet under leasing and/or management. Founded in Orlando, Fla. in 1990, Crossman & Company is a full service commercial real estate firm that advises its clients in leasing, management, development and investment sales of retail and office properties and serves clients including Publix Super Markets, Inc., Lake Nona, PREIT, and LaSalle Investment Management. Please visit www.crossmanco.com, or call 407-423-5400 for more information.

Data Transfer Solutions to Unveil New Transportation Engineering Division at Reception at Embers in Downtown Orlando

ORLANDO – Data Transfer Solutions, LLC the Avalon Park based firm that provides asset management, geographic information systems (GIS) transportation planning, web design, database applications and multimedia production services to local government and regional and state agencies throughout the nation, will host a reception to showcase its new Transportation Engineering Division on Feb. 25 at Embers, 42 W. Central Blvd. in downtown Orlando.

A.M. “Trey” Fragala, II, AICP, PMP, chief operating officer at Data Transfer Solutions, said the firm’s Transportation and Engineering Division includes 12 professionals and specialists who serve state and county transportation departments throughout the U.S.

Staff from the firm’s recently launched subsidiary, Earth Eye will be on hand. Earth Eye provides aerial and terrestrial based LiDAR scanning, orthophotography, photogrammetry and precision mapping. Earth Eye’s custom LiDAR viewing software will be on display as well.

The reception is scheduled for clients, prospective clients and strategic partners from 4:30 to 7 p.m.
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For more information, contact:
A.M. “Trey” Fragala, III, AICP, PMP, Chief Operating Officer, Data Transfer Solutions, 3680 Avalon Park East Blvd., Suite 200, Orlando, 32828; 407-382-5222; tfragala@edats.com