Thursday, June 23, 2011

Cuhaci & Peterson Architects Completes Design Work on Prototype for Mexican Grill, Ale House Renovation

ORLANDO, Fla. --- Cuhaci & Peterson Architects, LLC based in Orlando’s Baldwin Park, completed design work on a 2,200 square foot prototype restaurant for Chameleon Mexican Grill in Weston, Fla.

Lonnie Peterson, chairman at Cuhaci & Peterson Architects, said Owner Wayne Gorsek plans four or five Mexican Grills in other locations in the state.

The architectural firm is currently finishing up design work on an Ale House renovation in Destin. Peterson said the Ale House will offer 8,452 square feet of space with a seating capacity of 249.

Cuhaci & Peterson is working with RFC General Contractors on the Ale House project.

NAI Realvest Negotiates New Office Lease for Solar Energy Provider at Lake Mary Professional Campus off I-4

ORLANDO, Fla. – NAI Realvest recently negotiated a new lease of 2,320 square feet of office space at Lake Mary Professional Campus, the 10-building office condo development located at the intersection of I-4 and Lake Mary Blvd.

Jack W. Lynch, senior associate at NAI Realvest brokered the transaction representing the landlord, PTH Realty of Lake Mary and the tenant, ESA Renewables, LLC, a solar energy provider.

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.

Cuhaci & Peterson Architects Awarded Contracts to Remodel Three Winn-Dixie Supermarkets

ORLANDO, Fla. --- Cuhaci & Peterson Architects LLC, based in Orlando’s Baldwin Park, was recently awarded contracts to remodel three Winn-Dixie Supermarkets.

Lonnie Peterson, chairman at Cuhaci & Peterson Architects, said one Winn-Dixie is off Roosevelt Blvd. in Key West and is 35,000 square feet.

Another Winn-Dixie remodeling project is off Pine Blvd. in Pembrooke Pines in West Broward County and is 45,000 square feet.

The Apopka Winn-Dixie is a remodeling project to update the store to the new design and when completed will offer 45,000 square feet. That Winn-Dixie is located off Orange Blossom Trail.

Mercantile Capital Corporation Provides Commercial Real Estate Loan in Crystal River worth more than $2.2 Million

Altamonte Springs, Fla. – Mercantile Capital Corporation, which ranks as one of the nation’s leading providers of U.S. Small Business Administration (SBA) 504 loans for small business owners who want to acquire or develop their own facilities, closed a commercial loan for Sunshine Gardens Assisted Living, LLC recently for $2,255,000 in total project costs.

Sunshine Gardens will offer specialized care to patients suffering from various forms of dementia, who require assistance or supervision with activities of daily living.

Conveniently located behind Walgreens Drug Store in Crystal River in Citrus County, Fla., the facility will provide a home environment that will include: nutritional personal services, medication management, meals, laundry services, planned activities, as well as assistance with appointments, including transportation in a very secure and safe environment.

“The folks at Mercantile Capital Corporation are true professionals and were a joy to work with, providing assistance and guidance all the way through the process,” said owner, Bob Hilger. “The SmartChoice Loan was the Right Choice!”

The SmartChoice Commercial Loan Program helps owners of small to mid-sized businesses, like Sunshine Gardens Assisted Living, LLC, have an opportunity to create wealth and financial freedom. Their specialization in SmartChoice Commercial Loans, also known as SBA 504 loans, allows borrowers like Bob Hilger to own their commercial property with the highest cash-on-cash return financing available without tying up their precious capital, so they can grow even faster.

For more information, visit www.TheSmartChoiceLoan.com and www.504Blog.com.

NAI Realvest Negotiates $1 Million Purchase of Former Hops Restaurant near Seminole Town Center in Sanford

SANFORD, FLA. -- NAI Realvest recently negotiated a $1,000,000 purchase of the former Hops Restaurant on S.R. 46 near the Seminole Town Center mall in Sanford.

Matt Cichocki and Kevin O’Connor, principals at NAI Realvest based in Maitland, negotiated the transaction representing the buyer Fort Worth, Texas based Halmony, LLC who plans to convert the 5,422 square foot building on its 1.26 acre site for use as an IHOP restaurant.

O’Connor said the seller of the 14-year-old facility, ACI Income Fund II, LTD of Orlando, was represented in the transaction by Annette Gangale of Rife-Miller, Inc.

Renovations are expected to be completed for an opening of the new IHOP in September. The number of seats to accommodate patrons has not yet been determined.

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.

Beazer Homes reports sales of 12 luxury homes valued at more than $4 million over past six weeks at Legacy on Lake Jessamine

ORLANDO, Fla. --- Beazer Homes reports it sold 12 homes for a dollar volume of more than $4 million over the past six weeks at Legacy, the gated luxury community Beazer Homes is developing on Lake Jessamine off S. Orange and Holden Avenues south of downtown Orlando.

David Byrnes, president of Beazer Homes in Orlando, said only eight luxury home sites remain in Legacy at Lake Jessamine.

Beazer Homes recently started construction of a ready-to-move-in luxury lakefront home at Legacy with five bedrooms and four baths in 3,865 square feet of living space with a three-car garage priced at $599,990.

The home offers a huge game room, granite counters, a tile roof and a balcony overlooking Lake Jessamine–a ski lake, Byrnes said.

Beazer Homes builds new luxury homes priced from the $200s to the $800s at Legacy.

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."

Cotter Ryan Commercial of Longwood awarded contract for tenant improvement on 1,500 square foot facility in Kissimmee

LONGWOOD, Fla. --- Cotter Ryan Commercial LLC, based in Longwood, was recently awarded a contract to start work on a 1,500 square foot tenant improvement project that will be the new offices for the Orlando Podiatry Center at Osceola Corporate Center, off John Young Parkway in Kissimmee.

Scott Ryan, founder and president of Cotter Ryan Commercial, said the project is estimated at $97,000.

ATCO Limited Partnership is the developer of Osceola Corporate Center, Ryan said.

The work is expected to be completed in July, Ryan said.