Monday, August 8, 2011

NAI Realvest Principal Michael Heidrich Optimistic About Real Estate Market, Sees Jump in Leasing Over Past Six Months

MAITLAND, Fla. – Michael Heidrich, principal and vice president at NAI Realvest in Maitland, is optimistic about the future of commercial real estate in the Central Florida region.

Heidrich, who joined NAI Realvest 21 years ago and focuses on land sales and industrial properties, has a broad view of the Central Florida market: all told, he has brokered more than 2,500 property sales and leases valued at more than $750 million.

Since Jan. 1 of this year, Heidrich has brokered 47 property sales and lease agreements that total some $8,205,000 including industrial building sales that total almost $5 million.

But it’s leasing activity that has Heidrich’s attention now.

“I think we’re seeing an increase in property leasing right now, Heidrich said. “We’ve been waiting for it because the economic cycle has created significant pent-up demand in the industrial sector and to some extent in office and retail as well,” he said.

Over the past 60 days, Heidrich said leasing activity has picked up.

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 350 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.


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