ORLANDO - Cuhaci & Peterson Architects LLC based in Orlando’s Baldwin Park was recently awarded a contract to design the repainting of Equity One’s office building in Lake Mary.
Lonnie Peterson, president of Cuhaci & Peterson, said the project totals 340,000 square feet of office space.
The Equity One Orlando division office building is located at 3577 Lake Emma Rd. in Lake Mary
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
Tuesday, April 13, 2010
Orlando Sanford International Airport Starts Site Work to Build Commercial Aircraft Hangar
SANFORD - Spolski Construction Inc. of Sanford has started site work at Orlando Sanford International Airport to build the airport’s largest hangar at 2551 Hellcat Lane.
Diane Crews, vice president of administration for the Sanford Airport Authority (SAA), said the $5 million project will result in the airport’s first commercial aviation hangar, a 53,351 square foot facility that includes 44,000 square feet of hangar space, 4,000 square feet of maintenance shop and 5,351 square feet of office space.
When the hangar facility opens in January 2011, the Sanford Airport Authority will lease the facilities to Avocet Capital, LLC. The SAA Board recently approved a 20-year lease agreement with the commercial aviation maintenance provider.
Avocet currently leases more than 36,000 square feet of space at Orlando Sanford International Airport and will relocate to the new facility upon completion, Crews said.
For more information, contact: Diane Crews, VP of Administration, Sanford Airport Authority, 407-585-4021; Larry Dale, President, Sanford Airport Authority; 407-585-4002; Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142
Diane Crews, vice president of administration for the Sanford Airport Authority (SAA), said the $5 million project will result in the airport’s first commercial aviation hangar, a 53,351 square foot facility that includes 44,000 square feet of hangar space, 4,000 square feet of maintenance shop and 5,351 square feet of office space.
When the hangar facility opens in January 2011, the Sanford Airport Authority will lease the facilities to Avocet Capital, LLC. The SAA Board recently approved a 20-year lease agreement with the commercial aviation maintenance provider.
Avocet currently leases more than 36,000 square feet of space at Orlando Sanford International Airport and will relocate to the new facility upon completion, Crews said.
For more information, contact: Diane Crews, VP of Administration, Sanford Airport Authority, 407-585-4021; Larry Dale, President, Sanford Airport Authority; 407-585-4002; Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142
NAI Realvest Negotiates Two New Office Lease Agreements totaling 7,887 square feet in Maitland
ORLANDO - NAI Realvest recently negotiated two new lease agreements for a total of 7,887 square feet at office facilities in Maitland.
NAI Realvest Principal Tom Kelley II, CCIM and Senior Broker Associate Mary Frances West, CCIM negotiated a lease for 4,187 square feet at 2200 Lucien Way representing the landlord Lucien Way LLC.
Riesel Texas based Specialty Publications of Orlando leased the space for three-and-a-half years. Betsy Owens of Cushman & Wakefield represented the tenant.
Kelley also brokered a two-year lease of 3,700 square feet at Maitland Professional Office Village representing the landlord Marlyn Felsing LLC of Winter Park. The Borack Law Group is the tenant who will occupy suite 330 at 630 North Wymore Rd. in the office park.
For more information contact: Tom Kelley, CCIM, Principal, NAI Realvest, 407-875-9989, tkelley@realvest.com; Mary Frances West CCIM, NAI Realvest, 407-875-9989 mwest@realvest.com; Patrick Mahoney, President 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. 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. lage representing the landlord Marlyn Felsing LLC of Winter Park.
NAI Realvest Principal Tom Kelley II, CCIM and Senior Broker Associate Mary Frances West, CCIM negotiated a lease for 4,187 square feet at 2200 Lucien Way representing the landlord Lucien Way LLC.
Riesel Texas based Specialty Publications of Orlando leased the space for three-and-a-half years. Betsy Owens of Cushman & Wakefield represented the tenant.
Kelley also brokered a two-year lease of 3,700 square feet at Maitland Professional Office Village representing the landlord Marlyn Felsing LLC of Winter Park. The Borack Law Group is the tenant who will occupy suite 330 at 630 North Wymore Rd. in the office park.
For more information contact: Tom Kelley, CCIM, Principal, NAI Realvest, 407-875-9989, tkelley@realvest.com; Mary Frances West CCIM, NAI Realvest, 407-875-9989 mwest@realvest.com; Patrick Mahoney, President 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. 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. lage representing the landlord Marlyn Felsing LLC of Winter Park.
NAI Realvest negotiates new long-term lease agreement for 10,700 square feet at 33rd Street Industrial Center in Orlando
ORLANDO – NAI Realvest recently negotiated a new seven-year lease agreement for 10,700 square feet at 4624 LB McLeod Rd. in the 33rd Street Industrial Center in Orlando.
Michael Heidrich, a principal at NAI Realvest, brokered the transaction representing the landlord, Columbus, Ohio-based 33rd Street Properties LLC.
The tenant is Metro Skateboard Academy, Inc. of Orlando.
For more information, contact:
Michael Heidrich, Principal, NAI Realvest, 407-875-9989 mheidrich@realvest.com; Patrick Mahoney, President, NAI Realvest 407-875-9989 pmahoney@realvest.com; Beth Payan or Larry Vershel Communications, 407-644-4142 Lvershelco@aol.com
About NAI Realvest:
NAI Realvest in Orlando, covering all of Central Florida, is a fully integrated commercial real estate operating company specializing in brokerage, development, investment, leasing and management, consulting and research services in the U.S. and worldwide. NAI Global is an international commercial real estate network with over 325 offices spanning the globe. Since 1978, clients have built businesses on the power of NAI Global’s expanding network. Extensive services include multi-site acquisitions and dispositions, sublease, tenant representation, lease administration and audit, investment services, due diligence and related consulting and advisory services. To learn more, visit www.NAIRealvest.com.
Michael Heidrich, a principal at NAI Realvest, brokered the transaction representing the landlord, Columbus, Ohio-based 33rd Street Properties LLC.
The tenant is Metro Skateboard Academy, Inc. of Orlando.
For more information, contact:
Michael Heidrich, Principal, NAI Realvest, 407-875-9989 mheidrich@realvest.com; Patrick Mahoney, President, NAI Realvest 407-875-9989 pmahoney@realvest.com; Beth Payan or Larry Vershel Communications, 407-644-4142 Lvershelco@aol.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 Acquires 120 Home Sites at The Cascades at Southern Hills in Brooksville, To Build New Homes Priced From the $130s
TAMPA - Lennar has acquired 120 home sites at the Cascades at Southern Hills, a gated adult community located on Cotillion Blvd. off Southern Hills Blvd. one half mile east of U.S. 41 (Broad St.) in Brooksville.
John Greer, spokesman for the developer of The Cascades at Southern Hills, said Lennar plans to build detached single-family villa homes in the 55+ age restricted community, priced from the $130s.
Lennar is set to start construction of two model homes immediately.
New homes at The Cascades at Southern Hills will range in size from 1,350 square feet of living space to 2,000 square feet featuring premium finishes throughout like granite counter tops, stainless steel appliances, and brick paver walks and drives.
Lawn care, cable service and high speed internet connections are some of the services provided by the Residents Association in the Cascades. Southern Hills is also home to the Plantation Club gated community and the award winning Pete Dye designed Southern Hills Golf and Country Club.
Greer said he is delighted Lennar will build homes at the Cascades at Southern Hills. “Lennar has been building successful adult communities for more than 50 years. They have a great reputation for customer service and they are one of the most successful home builders in the Tampa Bay Region, Florida and the nation”
For more information contact: Francine Miller, Director of Sales & Marketing Lennar-Tampa Region, 727-479-1747; Mark Metheny, Lennar Division President-Central Florida, 727-479-1700; Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142
John Greer, spokesman for the developer of The Cascades at Southern Hills, said Lennar plans to build detached single-family villa homes in the 55+ age restricted community, priced from the $130s.
Lennar is set to start construction of two model homes immediately.
New homes at The Cascades at Southern Hills will range in size from 1,350 square feet of living space to 2,000 square feet featuring premium finishes throughout like granite counter tops, stainless steel appliances, and brick paver walks and drives.
Lawn care, cable service and high speed internet connections are some of the services provided by the Residents Association in the Cascades. Southern Hills is also home to the Plantation Club gated community and the award winning Pete Dye designed Southern Hills Golf and Country Club.
Greer said he is delighted Lennar will build homes at the Cascades at Southern Hills. “Lennar has been building successful adult communities for more than 50 years. They have a great reputation for customer service and they are one of the most successful home builders in the Tampa Bay Region, Florida and the nation”
For more information contact: Francine Miller, Director of Sales & Marketing Lennar-Tampa Region, 727-479-1747; Mark Metheny, Lennar Division President-Central Florida, 727-479-1700; Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142
NAI Realvest negotiates $4 Million sale price for 46-Acre development site–largest land transaction in Palm Coast in two years
MAITLAND - NAI Realvest recently negotiated the $4,000,000 sale of a 46-acre commercial development site on Colbert Lane and SR 100 off I-95 in Palm Coast.
The site is fully entitled and permitted to develop over 300,000 square feet of mixed-use space, according to Chris Butera, associate at NAI Realvest who negotiated the sale along with principal and managing partner, Paul P. Partyka representing the seller, Ormond Beach-based Colbert Lane LLC.
The transaction was the first part of a project workout that includes an additional 32 acres of permitted land for a total of 78 acres, Butera said.
The purchase was made by Coral Gables-based Gold Royal Asset, LLC and ranks as one of the largest land transactions in the Palm Coast area in the past two years.
For more information, contact:
Chris Butera, Associate NAI Realvest 386-453-4789 cbutera@realvest.com; Paul P. Partyka, Managing Partner/Principal NAI Realvest, 407-875-9989, ppartyka@realvest.com; Patrick Mahoney, Principal/Chief Operating Officer, 407-875-9989; 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. 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.
The site is fully entitled and permitted to develop over 300,000 square feet of mixed-use space, according to Chris Butera, associate at NAI Realvest who negotiated the sale along with principal and managing partner, Paul P. Partyka representing the seller, Ormond Beach-based Colbert Lane LLC.
The transaction was the first part of a project workout that includes an additional 32 acres of permitted land for a total of 78 acres, Butera said.
The purchase was made by Coral Gables-based Gold Royal Asset, LLC and ranks as one of the largest land transactions in the Palm Coast area in the past two years.
For more information, contact:
Chris Butera, Associate NAI Realvest 386-453-4789 cbutera@realvest.com; Paul P. Partyka, Managing Partner/Principal NAI Realvest, 407-875-9989, ppartyka@realvest.com; Patrick Mahoney, Principal/Chief Operating Officer, 407-875-9989; 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. 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.
Cuhaci & Peterson Architects Appoints Scott A. Tillema Project Manager
ORLANDO - Cuhaci & Peterson Architects LLC, based in Orlando’s Baldwin Park, has appointed Scott A. Tillema project manager.
Tina Kennedy, director of human resources at Cuhaci & Peterson, said Tillema is a graduate of Kansas State University and has 16 years of experience as an architect.
Tillema is a registered architect in Missouri and Florida, Kennedy said.
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For more information contact:
Tina Kennedy, Director of Human Resources, Cuhaci & Peterson Architects LLC 407-661-9100; 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
Tina Kennedy, director of human resources at Cuhaci & Peterson, said Tillema is a graduate of Kansas State University and has 16 years of experience as an architect.
Tillema is a registered architect in Missouri and Florida, Kennedy said.
* * *
For more information contact:
Tina Kennedy, Director of Human Resources, Cuhaci & Peterson Architects LLC 407-661-9100; 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
NAI Realvest negotiates new industrial lease for 3,000 square feet in Forsyth Central Commerce Park in East Orlando
ORLANDO – NAI Realvest recently negotiated a new lease for 3,000 square feet of industrial space at 5014 Forsyth Commerce Rd. in the Forsyth Central Commerce Park in East Orlando.
NAI Realvest principal Michael Heidrich negotiated the transaction representing the landlord, Orlando based Forsyth Central Commerce Park, LLC.
The new tenant, International Recycling & Liquidation Services, Inc., was represented by Scott Lloyd of Adler Realty Services.
For more information please contact:
Michael Heidrich, Principal NAI Realvest, 407-875-9989 mheidrich@realvest.com; Patrick Mahoney, President, NAI Realvest 407-875-9989 pmahoney@realvest.com; Beth Payan, Larry Vershel Communications, 407-644-4142 lvershelco@aol.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 http://www.nairealvest.com/.
About CommerCenters, LLC:
CommerCenters, LLC and its subsidiary, Realvest Development, LLC are involved in all aspects of speculative and build-to-suit commercial real estate investment and development from acquisition, planning, design, permitting, and construction through sale or lease. Over the past decade, CommerCenters and its development partners have developed over 1,500,000 square feet of industrial and office space in the Central Florida area. To learn more, visit http://www.commercenters.com/.
NAI Realvest principal Michael Heidrich negotiated the transaction representing the landlord, Orlando based Forsyth Central Commerce Park, LLC.
The new tenant, International Recycling & Liquidation Services, Inc., was represented by Scott Lloyd of Adler Realty Services.
For more information please contact:
Michael Heidrich, Principal NAI Realvest, 407-875-9989 mheidrich@realvest.com; Patrick Mahoney, President, NAI Realvest 407-875-9989 pmahoney@realvest.com; Beth Payan, Larry Vershel Communications, 407-644-4142 lvershelco@aol.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 http://www.nairealvest.com/.
About CommerCenters, LLC:
CommerCenters, LLC and its subsidiary, Realvest Development, LLC are involved in all aspects of speculative and build-to-suit commercial real estate investment and development from acquisition, planning, design, permitting, and construction through sale or lease. Over the past decade, CommerCenters and its development partners have developed over 1,500,000 square feet of industrial and office space in the Central Florida area. To learn more, visit http://www.commercenters.com/.
Commercial Real Estate Veteran Bruce Lyons to Lead Asset Management at Crossman & Company
ORLANDO - Crossman & Company, the Orlando-based commercial property firm that ranks as one of the largest third-party retail leasing and management firms in the Southeast, recently hired Bruce Lyons to lead its asset management and receivership division.
John Crossman, president of Crossman & Company, said Lyons brings more than 40 years of experience in investment analysis, development, financing, construction, leasing, marketing, property management and investment sales to the Crossman organization. For more than a decade, he managed and directed special assets, workouts and distressed property repositioning for financial institutions. His previous headquarters were in Chevy Chase, Maryland.
“Bruce Lyons is one of the most highly experienced real estate executives out there, and we are very proud he has joined the Crossman & Company team.” Crossman added, “He brings invaluable leadership and experience to our growing team.”
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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:
Crossman & Company is one of the largest third-party retail leasing and management companies in the Southeast with over 16 million square feet under leasing and/or management. Founded in Orlando in 1990, Crossman & Company is a full service commercial real estate firm that advises its clients in leasing, management, development and investment sales of retail and office properties and serves clients including Publix Super Markets, Inc., Lake Nona, PREIT, and LaSalle Investment Management. Please visit www.crossmanco.com, or call 407-423-5400 for more information.
John Crossman, president of Crossman & Company, said Lyons brings more than 40 years of experience in investment analysis, development, financing, construction, leasing, marketing, property management and investment sales to the Crossman organization. For more than a decade, he managed and directed special assets, workouts and distressed property repositioning for financial institutions. His previous headquarters were in Chevy Chase, Maryland.
“Bruce Lyons is one of the most highly experienced real estate executives out there, and we are very proud he has joined the Crossman & Company team.” Crossman added, “He brings invaluable leadership and experience to our growing team.”
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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:
Crossman & Company is one of the largest third-party retail leasing and management companies in the Southeast with over 16 million square feet under leasing and/or management. Founded in Orlando 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.
NAI Realvest Arranges First North American Operation for Global Leader in Crowns Industry – Pelliconi Group
Robert Blackwell of NAI Realvest Negotiates Lease of 86,000 Square Foot Industrial Facility South of Downtown Orlando
ORLANDO – NAI Realvest, a leading commercial real estate services provider in the central Florida area announced the Industrial Team of Robert Blackwell SIOR, principal in the firm, Sean DuPree CCIM and Jim Murr recently negotiated the lease of 86,000 square feet of industrial space for Pelliconi Group’s first location in North America. Pelliconi Group is a worldwide leader in the production of plastic and metal caps, crowns and closures for the bottling industry. Rick Leighton, senior vice president of Corporate Services for NAI Global, assisted in the transaction.
Pelliconi Group’s decision to locate in Orlando will result in 24 new jobs, and the facility’s location at 2501 Principal Row in Orlando Central Park in south Orlando will serve as a manufacturing base for crowns that will be shipped to two nearby bottlers.
After evaluating other potential locations, Pelliconi eventually chose Orlando for several key reasons, according to Blackwell.
“Orlando provides a central location for Pelliconi to distribute to their clients’ bottling facilities, the international airport makes it easy for Pelliconi management to reach their U.S. based facility and the Metro Orlando Economic Development Commission provided the expertise, services and resources that were critical to an international firm locating a new facility in the U.S,” Blackwell said.
“My relationship with Pelliconi Group started a few years ago, and working closely with their team and members across the NAI Global network, we were able to identify a site that met their industrial needs and positioned them closely to their customers’ bottling locations,” said Leighton.
The Pelliconi Group, based in Bologna, Italy, has three production plants in Bologna and Chieti, Italy, as well as in Cairo, Egypt. Foreign subsidiaries in France, the UK and Germany, and a worldwide network of sales and distribution has allowed them to become the world’s largest producer and exporter of crown corks. The new Florida facility will help introduce the Pelliconi Group’s products and services across North America.
NAI Global manages a network of 325 offices and 5,000 professionals in 55 countries across the globe. NAI specializes in representing large corporations with multi-market real estate requirements and was recently rated the best performing network in the 2009 Watkins Research Group survey of corporate real estate executives.
NAI Realvest is located at 2200 Lucien Way, Suite 350, in Maitland, Florida. For more information visit www.nairealvest.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 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.
ORLANDO – NAI Realvest, a leading commercial real estate services provider in the central Florida area announced the Industrial Team of Robert Blackwell SIOR, principal in the firm, Sean DuPree CCIM and Jim Murr recently negotiated the lease of 86,000 square feet of industrial space for Pelliconi Group’s first location in North America. Pelliconi Group is a worldwide leader in the production of plastic and metal caps, crowns and closures for the bottling industry. Rick Leighton, senior vice president of Corporate Services for NAI Global, assisted in the transaction.
Pelliconi Group’s decision to locate in Orlando will result in 24 new jobs, and the facility’s location at 2501 Principal Row in Orlando Central Park in south Orlando will serve as a manufacturing base for crowns that will be shipped to two nearby bottlers.
After evaluating other potential locations, Pelliconi eventually chose Orlando for several key reasons, according to Blackwell.
“Orlando provides a central location for Pelliconi to distribute to their clients’ bottling facilities, the international airport makes it easy for Pelliconi management to reach their U.S. based facility and the Metro Orlando Economic Development Commission provided the expertise, services and resources that were critical to an international firm locating a new facility in the U.S,” Blackwell said.
“My relationship with Pelliconi Group started a few years ago, and working closely with their team and members across the NAI Global network, we were able to identify a site that met their industrial needs and positioned them closely to their customers’ bottling locations,” said Leighton.
The Pelliconi Group, based in Bologna, Italy, has three production plants in Bologna and Chieti, Italy, as well as in Cairo, Egypt. Foreign subsidiaries in France, the UK and Germany, and a worldwide network of sales and distribution has allowed them to become the world’s largest producer and exporter of crown corks. The new Florida facility will help introduce the Pelliconi Group’s products and services across North America.
NAI Global manages a network of 325 offices and 5,000 professionals in 55 countries across the globe. NAI specializes in representing large corporations with multi-market real estate requirements and was recently rated the best performing network in the 2009 Watkins Research Group survey of corporate real estate executives.
NAI Realvest is located at 2200 Lucien Way, Suite 350, in Maitland, Florida. For more information visit www.nairealvest.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 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.
Avalon Park Launches Teen Club
ORLANDO - Neotraditional Avalon Park in east Orlando has launched its own Teen Club that will meet Wednesdays at 1:30 p.m. in the Timber Creek High School Safe Office.
The group is currently working on the design of a permanent meeting space located in the Avalon Park Safety Building in Founders Square in downtown Avalon Park. The Avalon Park Property Owners Association has donated this space to be a safe place for the teens to meet and work on projects.
Stephanie Hodson, marketing coordinator at Avalon Park, said the Teen Club will focus on community service projects and social events. Teen Club membership is open to all teenagers in Avalon Park, Hodson said.
The Avalon Park Teen Club hosts a monthly teen dance night along with local dance studio, Avalon Dance. The group plans on hosting a large event for the community in the near future.
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For more information, contact
Stephanie Hodson, Marketing Coordinator, Avalon Park Group 407-658-6565 Tracy Durham, Property Manager, Avalon Park 407-249-9395Beat Kahli, Founder /CEO Avalon Park Group 407-658-6565 Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142
The group is currently working on the design of a permanent meeting space located in the Avalon Park Safety Building in Founders Square in downtown Avalon Park. The Avalon Park Property Owners Association has donated this space to be a safe place for the teens to meet and work on projects.
Stephanie Hodson, marketing coordinator at Avalon Park, said the Teen Club will focus on community service projects and social events. Teen Club membership is open to all teenagers in Avalon Park, Hodson said.
The Avalon Park Teen Club hosts a monthly teen dance night along with local dance studio, Avalon Dance. The group plans on hosting a large event for the community in the near future.
* * *
For more information, contact
Stephanie Hodson, Marketing Coordinator, Avalon Park Group 407-658-6565 Tracy Durham, Property Manager, Avalon Park 407-249-9395Beat Kahli, Founder /CEO Avalon Park Group 407-658-6565 Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142
The New Office Agency Team at Grubb & Ellis|Commercial Florida, Tampa, sees big increase in leasing activity
TAMPA - The new Office Agency Team at Grubb & EllisCommercial Florida in Tampa---senior vice presidents Paula Buffa and Jim Moler and associate Maria Camarinos Hall---project a big surge in office leasing activity through the remainder of 2010.
The recently-formed team just added another 120,000+ square feet to their portfolio of partnerships with client/owners of office properties with the new listing of Turtle Creek, a First Industrial Realty Trust office/flex project located at 49th Street and Ulmerton Road in Clearwater.
With this new listing the Buffa/Moler/Hall team now represents more than one million square feet and Buffa said the team’s listed properties include all of the Tampa Bay-area submarkets.
“Right now we are seeing increased office leasing activity in Hillsborough County and Pinellas County activity is heating up as well,” Buffa said.
Part of the reason for the anticipated surge is the slowdown that characterized much of 2009. The Buffa/Moler/Hall team closed on about 120 office leases in 2009, Buffa said, but expect more leases to be signed in 2010.
“Leasing activity was sluggish all year in 2009 and it slowed to a trickle in the last quarter,” Buffa said. “That’s typical for the 4th quarter, but there was more to it than just a seasonal flux. Companies were uncertain, the economy seemed uncertain, and CEOs didn’t feel confident about making long-term commitments. Then in February it all changed,” Buffa said.
“The phones started ringing off the hook,” she explained. “The surge we have seen in the past eight weeks is better than we expected,” she said.
Buffa added that companies are still cautious, with most still trying to lease only the minimum amount of office space they can for their current employee base and few that are doing more than five-year terms.
“They are cautious, but we’re seeing more companies that are moving forward,” she said.
During the slow down of 2009, Buffa spent the time developing her office team. She and Maria Camarinos Hall have been working together for almost two years. When Moler, who has more than eighteen years of experience, joined the team in early 2010, Buffa said she could boast almost 50 years of aggregate experience.
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:
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.
The recently-formed team just added another 120,000+ square feet to their portfolio of partnerships with client/owners of office properties with the new listing of Turtle Creek, a First Industrial Realty Trust office/flex project located at 49th Street and Ulmerton Road in Clearwater.
With this new listing the Buffa/Moler/Hall team now represents more than one million square feet and Buffa said the team’s listed properties include all of the Tampa Bay-area submarkets.
“Right now we are seeing increased office leasing activity in Hillsborough County and Pinellas County activity is heating up as well,” Buffa said.
Part of the reason for the anticipated surge is the slowdown that characterized much of 2009. The Buffa/Moler/Hall team closed on about 120 office leases in 2009, Buffa said, but expect more leases to be signed in 2010.
“Leasing activity was sluggish all year in 2009 and it slowed to a trickle in the last quarter,” Buffa said. “That’s typical for the 4th quarter, but there was more to it than just a seasonal flux. Companies were uncertain, the economy seemed uncertain, and CEOs didn’t feel confident about making long-term commitments. Then in February it all changed,” Buffa said.
“The phones started ringing off the hook,” she explained. “The surge we have seen in the past eight weeks is better than we expected,” she said.
Buffa added that companies are still cautious, with most still trying to lease only the minimum amount of office space they can for their current employee base and few that are doing more than five-year terms.
“They are cautious, but we’re seeing more companies that are moving forward,” she said.
During the slow down of 2009, Buffa spent the time developing her office team. She and Maria Camarinos Hall have been working together for almost two years. When Moler, who has more than eighteen years of experience, joined the team in early 2010, Buffa said she could boast almost 50 years of aggregate experience.
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:
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.
Cotter-Ryan Commercial Awarded Contract to Expand Aloma Cinema Grill and Draft House
LONGWOOD - Cotter-Ryan Commercial LLC, based in Longwood, was recently awarded a contract to expand the 18,000 square foot Aloma Cinema Grill and Draft House on Aloma Avenue off Lakemont Avenue in Winter Park.
Scott Ryan, president of Cotter-Ryan Commercial, said the $150,000 project will add a third theater to the Aloma Cinema Grill which will expand the facility by 3,500 square feet. Once completed the Aloma Cinema Grill and Draft House will seat 195 patrons.
* * *
For more information, contact:
Scott H. Ryan, President, Cotter Ryan Commercial, LLC, 407-786-7686 sryan@cotterryan.comLarry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142, lvershelco@aol.com
Scott Ryan, president of Cotter-Ryan Commercial, said the $150,000 project will add a third theater to the Aloma Cinema Grill which will expand the facility by 3,500 square feet. Once completed the Aloma Cinema Grill and Draft House will seat 195 patrons.
* * *
For more information, contact:
Scott H. Ryan, President, Cotter Ryan Commercial, LLC, 407-786-7686 sryan@cotterryan.comLarry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142, lvershelco@aol.com
Lennar to Host Grand Opening April 24, New Single-Family Homes Priced from the $180s at Cypress Lakes in East Orlando
ORLANDO - Lennar will host an open house on Saturday April 24 from Noon to 3 p.m. to showcase 25 new homes at Cypress Lakes, located on Cypress Preserve Parkway off Chuluota Road south of Lake Pickett Road in east Orlando.
Mark Metheny, president of Lennar’s Central Florida Division, said new single-family homes at Cypress Lakes range in size from 1,573 square feet of living space to 3,141 square feet priced from the $180s.
Visit www.Lennar.com.
For more information, contact:
David Parker, Director of Sales & Marketing Lennar-Orlando Region, 888-317-7489; Jassy Friddle, Marketing Manager Lennar-Central Florida, 888-317-7489; Mark Metheny, Lennar Division President-Central Florida, 727-479-1700; Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142
Mark Metheny, president of Lennar’s Central Florida Division, said new single-family homes at Cypress Lakes range in size from 1,573 square feet of living space to 3,141 square feet priced from the $180s.
Visit www.Lennar.com.
For more information, contact:
David Parker, Director of Sales & Marketing Lennar-Orlando Region, 888-317-7489; Jassy Friddle, Marketing Manager Lennar-Central Florida, 888-317-7489; Mark Metheny, Lennar Division President-Central Florida, 727-479-1700; Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142
What’s next For Baton Rouge Banker, Developer Pete Goff Jr.? Definitive Book on America’s Financial Woes to Include Solution
Baton Rouge - For the past three years, Baton Rouge banker, community developer and business owner Pete Goff, Jr., has been studying America’s economic crisis. He’s the first to call it an obsession.
Soon, he’ll call it a book---The Inevitable Path---that he promises will include definitive solutions to the nation’s economic woes. Goff is currently shopping the nearly-completed manuscript to major publishers.
“I’ve been in the trenches of real estate development and construction, and I’ve worked on both sides of the desk as a general contractor and lender,” Goff said.
“The current economic decline is an incredibly complex set of issues and our current path is a disaster,” he said.
Goff said the stakes are too high to fail.
“Unless we change what we are doing and how we approach the problem, we will literally change the world by default---by abandoning our role as a world economic leader, as a force for good, as a political and military power, and as a moral power,” he said.
Goff earned degrees in Accounting and Business Administration from Louisiana State University. He served as senior banking executive with Louisiana’s largest bank and principal of his own general contracting and community development business.
“I watched the economic collapse from the inside. I know the way out and I feel compelled to tell the story,” Goff explained.
Goff said he plans to complete the manuscript for The Inevitable Path before its June 1 deadline.
For more information, contact: Pete Goff, Jr., Author 225-413-7876 petegoffjr@yahoo.com; Larry Vershel, Larry Vershel Communications 407 644-4142 lvershelco@aol.com.
Soon, he’ll call it a book---The Inevitable Path---that he promises will include definitive solutions to the nation’s economic woes. Goff is currently shopping the nearly-completed manuscript to major publishers.
“I’ve been in the trenches of real estate development and construction, and I’ve worked on both sides of the desk as a general contractor and lender,” Goff said.
“The current economic decline is an incredibly complex set of issues and our current path is a disaster,” he said.
Goff said the stakes are too high to fail.
“Unless we change what we are doing and how we approach the problem, we will literally change the world by default---by abandoning our role as a world economic leader, as a force for good, as a political and military power, and as a moral power,” he said.
Goff earned degrees in Accounting and Business Administration from Louisiana State University. He served as senior banking executive with Louisiana’s largest bank and principal of his own general contracting and community development business.
“I watched the economic collapse from the inside. I know the way out and I feel compelled to tell the story,” Goff explained.
Goff said he plans to complete the manuscript for The Inevitable Path before its June 1 deadline.
For more information, contact: Pete Goff, Jr., Author 225-413-7876 petegoffjr@yahoo.com; Larry Vershel, Larry Vershel Communications 407 644-4142 lvershelco@aol.com.
Crossman & Company Helps Organize Fashion Square Mall Retailers to Support Jobs Partnership of Florida
ORLANDO - Crossman & Company, the Orlando-based commercial property firm that ranks as one of the largest third-party retail leasing and management firms in the Southeast, recently helped organize retailers at Orlando Fashion Square mall near downtown Orlando in support of the Jobs Partnership of Florida – a coalition of churches, business and community organizations that inspire and equip underemployed and unemployed individuals in the area of life skills, job skills and Bible-based decision making skills.
John Crossman, president of Crossman & Company, recently spoke to Jobs Partnership of Florida volunteers and organizers at the Summit Church, located near Orlando Fashion Square.
“Gainful employment is one of the most important resources any person can achieve,” Crossman told the group. “Jobs are the building blocks of every community. If we want to improve our communities, our lifestyles and our business relationships, we have to look at jobs as a shared responsibility, not a competitive edge,” he said.
Crossman & Company helped organize Orlando Fashion Square retailers including Olive Garden, Sbarro’s, Subway, Panera Bread, Chic-Fil-A and Fuji Express to support Jobs Partnership of Florida.
“Our passion is to revive the American work ethic by reconnecting the church to the public square,” Crossman explained.
“The Jobs Partnership of Florida is helping to provide a framework for local churches to equip individuals to work and support themselves and their families,” he said. “Our goal is to help transform the world one community at a time.”
For more information contact: John Crossman, CCIM, President, Crossman & Company, 407-581-6218; Molly Delahunty, Crossman & Company, 407-581-6220 mdelahunty@crossmanco.com; Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142
About Crossman & Company: Crossman & Company is one of the largest third-party retail leasing and management companies in the Southeast with over 16 million square feet under leasing and/or management. Founded in Orlando in 1990, Crossman & Company is a full service commercial real estate firm that advises its clients in leasing, management, development and investment sales of retail and office properties and serves clients including Publix Super Markets, Inc., Lake Nona, PREIT, and LaSalle Investment Management. Please visit www.crossmanco.com, or call 407-423-5400 for more information.
John Crossman, president of Crossman & Company, recently spoke to Jobs Partnership of Florida volunteers and organizers at the Summit Church, located near Orlando Fashion Square.
“Gainful employment is one of the most important resources any person can achieve,” Crossman told the group. “Jobs are the building blocks of every community. If we want to improve our communities, our lifestyles and our business relationships, we have to look at jobs as a shared responsibility, not a competitive edge,” he said.
Crossman & Company helped organize Orlando Fashion Square retailers including Olive Garden, Sbarro’s, Subway, Panera Bread, Chic-Fil-A and Fuji Express to support Jobs Partnership of Florida.
“Our passion is to revive the American work ethic by reconnecting the church to the public square,” Crossman explained.
“The Jobs Partnership of Florida is helping to provide a framework for local churches to equip individuals to work and support themselves and their families,” he said. “Our goal is to help transform the world one community at a time.”
For more information contact: John Crossman, CCIM, President, Crossman & Company, 407-581-6218; Molly Delahunty, Crossman & Company, 407-581-6220 mdelahunty@crossmanco.com; Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142
About Crossman & Company: Crossman & Company is one of the largest third-party retail leasing and management companies in the Southeast with over 16 million square feet under leasing and/or management. Founded in Orlando 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.
NAI Realvest Appoints Robert A. Boyd, CSM, Senior Vice President for CommerCenters, LLC and NAI Realvest
MAITLAND - NAI Realvest and its real estate development affiliate Florida CommerCenters have appointed Robert A. Boyd senior vice president for both CommerCenters, LLC and NAI Realvest.
George Livingston, chairman emeritus of NAI Realvest and CommerCenters, LLC, said Boyd earned his MBA Degree from Stanford University and has more than 30 years of experience in commercial property development, asset management and investment sales.
Throughout his career, Boyd has held senior level positions in the USA and Middle East, where he specialized in many areas of business and real estate including investment analysis, investment advisory services, acquisitions, asset management, business development, sales and marketing.
Most recently Boyd was president of Florida Arabco & International Solutions Collaborative and responsible for the site selection, acquisitions, design and development, management, leasing and sales of shopping centers, office towers and master planned communities. Some of his clients have included CNL, Houston Pavilions, Emmitt Smith, Hines Interests, Hollywood Center Studios, Winter Park Mall/Village, Fields Automotive Group, Saudi Economic Development Company and Simon Properties.
“Bob Boyd is a highly experienced Real Estate and Investment executive and we are pleased to have Bob rejoin our management team. He will play an important role in our continued growth and have responsibility for international Business Development and Investment Advisory Services,” Livingston said.
NAI Realvest is a commercial real estate brokerage company whose core business includes land, retail, office, industrial and multifamily properties. Florida CommerCenters develops industrial warehouses, distribution centers and flex-space throughout Central Florida.
For more information, contact:
George Livingston, Chairman Emeritus, NAI Realvest 407-875-9989 glivingston@realvest.com;
Patrick Mahoney, President, NAI Realvest 407-875-9989 pmahoney@realvest.com;
Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142 lvershelco@aol.com
About NAI Realvest:
NAI Realvest, serving all of Central Florida, is a fully integrated commercial real estate operating company specializing in brokerage, development, investment, leasing and management, consulting and research services in the U.S. and worldwide. NAI Global is an international commercial real estate network with over 325 offices spanning the globe. Since 1978, clients have built businesses on the power of NAI Global’s expanding network. Extensive services include multi-site acquisitions and dispositions, sublease, tenant representation, lease administration and audit, investment services, due diligence and related consulting and advisory services. To learn more, visit http://www.nairealvest.com/.
About CommerCenters, LLC:
CommerCenters, LLC and its subsidiary, Realvest Development, LLC are involved in all aspects of speculative and build-to-suit commercial real estate investment and development from acquisition, planning, design, permitting, and construction through sale or lease. Over the past decade, CommerCenters and its development partners have developed over 1,500,000 square feet of industrial and office space in the Central Florida area. To learn more, visit http://www.commercenters.com/.
Lennar to Host Grand Opening April 24 to Showcase New Three and Four bedroom Homes in final phase at Tampa Bay Golf & Country Club
TAMPA - Lennar will host a grand opening April 24 at Tampa Bay Golf & Country Club, located in Pasco County off S.R. 52 at I-75 on Old Tampa Bay Drive in San Antonio.
Mark Metheny, president of Lennar’s Central Florida Division, said Lennar plans to showcase the final phase at Tampa Bay Golf & Country Club where the homebuilder plans to build new single-family homes priced from the low $140s.
New Lennar homes at Tampa Bay Golf & Country Club will range in size from 1,350 square feet of living space to 2,400 square feet on 50, 65 and 75-foot home sites.
The landmark active adult community features one of the region’s most popular golf courses and pro shops, along with a community clubhouse, on-site activities directors and its own TV Channel 95, Metheny said.
“Tampa Bay Golf & Country Club practically defines active adult living in the Tampa Bay region,” Metheny said. “It’s a thriving community with a wide range of amenities and activities every day,” he said.
* * *
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; Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142
Mark Metheny, president of Lennar’s Central Florida Division, said Lennar plans to showcase the final phase at Tampa Bay Golf & Country Club where the homebuilder plans to build new single-family homes priced from the low $140s.
New Lennar homes at Tampa Bay Golf & Country Club will range in size from 1,350 square feet of living space to 2,400 square feet on 50, 65 and 75-foot home sites.
The landmark active adult community features one of the region’s most popular golf courses and pro shops, along with a community clubhouse, on-site activities directors and its own TV Channel 95, Metheny said.
“Tampa Bay Golf & Country Club practically defines active adult living in the Tampa Bay region,” Metheny said. “It’s a thriving community with a wide range of amenities and activities every day,” he said.
* * *
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; Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142
Crossman & Company Announces Publix Redevelopment for Aloma Shopping Center
ORLANDO - This month the Publix Super Market in the Aloma Shopping Center in Winter Park will be demolished. Construction will immediately begin on a new 47,000 square foot facility in the same location. The new Publix, which should reopen before the end of this year, will include a liquor store. Other shops at the center---including the landmark Aloma Cinema Grill, Pet Supermarket, and Fedex/Kinko’s---will remain open while the entire property is remodeled.
Publix was one of the original tenants along with W. T. Grant Co. and Woolworth when the plaza opened in March of 1961. For a number of years, Publix operated this location under its Food World brand. Their original store was 24,640 square feet and it was expanded to 41,990 square feet in 1994.
Crossman & Company handles the leasing and property management as well as the coordination of the redevelopment.
“This expansion is the right strategy at the right time,” said John Crossman. “The new Publix Super Market is projected to open late in the 4th quarter, and we are excited to bring this new facility to the center and to customers in this community.”
* * *
John Crossman, CCIM, President, Crossman & Company, 407-581-6218, jcrossman@crossmanco.com; Molly Delahunty, Crossman & Company, 407-581-6220 mdelahunty@crossmanco.com
Publix was one of the original tenants along with W. T. Grant Co. and Woolworth when the plaza opened in March of 1961. For a number of years, Publix operated this location under its Food World brand. Their original store was 24,640 square feet and it was expanded to 41,990 square feet in 1994.
Crossman & Company handles the leasing and property management as well as the coordination of the redevelopment.
“This expansion is the right strategy at the right time,” said John Crossman. “The new Publix Super Market is projected to open late in the 4th quarter, and we are excited to bring this new facility to the center and to customers in this community.”
* * *
John Crossman, CCIM, President, Crossman & Company, 407-581-6218, jcrossman@crossmanco.com; Molly Delahunty, Crossman & Company, 407-581-6220 mdelahunty@crossmanco.com
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