Maitland, Fla. – NAI Realvest recently negotiated a lease renewal agreement for 6,000 square feet of office/warehouse space in Sanford Central Park, 801 Central Park Drive off S.R. 46 in Sanford.
Michael Heidrich, principal at the firm, brokered the transaction on behalf of the landlord, Winter Park-based Selwo Investment Group, and the tenant, DHR Mechanical Services Orlando, Inc. d/b/a Shumate Mechanical.
About NAI Realvest:
NAI Realvest in Orlando, 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.
Wednesday, June 27, 2012
NAI Realvest Negotiates Lease Renewal for 6,449 Square Feet at Springview CommerCenter
MAITLAND Fla. -- NAI Realvest recently negotiated a lease renewal agreement for 6,449 square feet of industrial space including office and showroom at Springview CommerCenter located off Shell Road in DeBary.
Michael Heidrich, a principal of the firm, negotiated the renewal agreement representing the landlord Springview CommerCenter LLC of Maitland.
The tenant Henry Schein, Inc. of Melville, NY renewed the lease of Suite 3 at 290 Springview Commerce Drive for the dental supply company that has operated there for over five years. Schein was represented by Tad McDonough of USI Real Estate Brokerage Services.
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.
Michael Heidrich, a principal of the firm, negotiated the renewal agreement representing the landlord Springview CommerCenter LLC of Maitland.
The tenant Henry Schein, Inc. of Melville, NY renewed the lease of Suite 3 at 290 Springview Commerce Drive for the dental supply company that has operated there for over five years. Schein was represented by Tad McDonough of USI Real Estate Brokerage Services.
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.
Orlando Based Wightman & Associates Trains FEMA Disaster Workers in Missouri, California, New York in Hazard Mitigation
ORLANDO, Fla. --- Wightman & Associates, LLC, a consulting company based in Orlando, recently completed a week-long training program it developed for FEMA disaster workers in Missouri, California and New York.
Gina Wightman, president of Wightman & Associates, developed the training program and headed the training team.
The training course included introduction to hazard mitigation field operations and several specialist training programs, Wightman said.
Wightman & Associates developed the training program to provide new hazard mitigation disaster workforce employees with a practical application-based opportunity to learn the basic concepts, principals and practices needed to be successful in hazard mitigation disaster assignments.
Wightman said course participation included FEMA employees who have recently been assigned to hazard mitigation disaster operations and those who have been working in such positions without formal hazard mitigation training, along with state employees working in hazard mitigation.
“Wightman & Associates, LLC., a women owned small business, is a full service organizational development and training firm dedicated to helping our clients achieve excellence through a qualified and synchronized workforce,” Wightman explained.
Wightman & Associates is a member of the University of Central Florida Business Incubation Program in the Central Florida Research Park in East Orange County.
About the UCF Business Incubation Program
Since its founding in 1999, the UCF Business Incubation Program has helped more than 200 emerging companies (including more than 134 current clients) create over $363 million in annual total economic output and more than 3,120 new jobs (taking direct and indirect and induced impact into account) with an average salary of $59,000. With ten facilities across the Greater Orlando community, the Business Incubation Program is a collaboration in economic development among the University of Central Florida, Orange County, the City of Orlando, Seminole County, the City of Apopka, 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, Volusia County and the Florida High Tech Corridor Council. For more information about the Program and its clients and graduates, please visit www.incubator.ucf.edu and UCFBIP on Facebook, on www.facebook.com/ucf4bip.
Gina Wightman, president of Wightman & Associates, developed the training program and headed the training team.
The training course included introduction to hazard mitigation field operations and several specialist training programs, Wightman said.
Wightman & Associates developed the training program to provide new hazard mitigation disaster workforce employees with a practical application-based opportunity to learn the basic concepts, principals and practices needed to be successful in hazard mitigation disaster assignments.
Wightman said course participation included FEMA employees who have recently been assigned to hazard mitigation disaster operations and those who have been working in such positions without formal hazard mitigation training, along with state employees working in hazard mitigation.
“Wightman & Associates, LLC., a women owned small business, is a full service organizational development and training firm dedicated to helping our clients achieve excellence through a qualified and synchronized workforce,” Wightman explained.
Wightman & Associates is a member of the University of Central Florida Business Incubation Program in the Central Florida Research Park in East Orange County.
About the UCF Business Incubation Program
Since its founding in 1999, the UCF Business Incubation Program has helped more than 200 emerging companies (including more than 134 current clients) create over $363 million in annual total economic output and more than 3,120 new jobs (taking direct and indirect and induced impact into account) with an average salary of $59,000. With ten facilities across the Greater Orlando community, the Business Incubation Program is a collaboration in economic development among the University of Central Florida, Orange County, the City of Orlando, Seminole County, the City of Apopka, 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, Volusia County and the Florida High Tech Corridor Council. For more information about the Program and its clients and graduates, please visit www.incubator.ucf.edu and UCFBIP on Facebook, on www.facebook.com/ucf4bip.
For WeinPlus, Good Data Trumps Intuition When Setting Development Strategy
St. Petersburg, Fla. --- Commercial property developers have long relied on their intuition when planning project strategy, but new research is suggesting that good, hard data is a better measure of the potential for success and a much better gauge of specific development strategies such as tenant mix.
“It’s very common in the real estate industry to drive by a site and if it “feels right,” that makes it right,” said Rachel Elias Wein, founder and CEO of WeinPlus Real Estate Advisory Services in St. Petersburg.
But intuition---a mix of experience, inspiration and vision that mark most successful developers---takes a back seat to accurate data on customer traffic, merchandising, co-tenancy and restrictions when it comes to creating long-term, successful projects.
“Development strategy is much more scientific today than it was even 10 years ago,” Wein said. “Emerging data resources such as Test and Learn software, powered by the explosion in the GIS and consumer data associated with loyalty programs, have created whole new ways to measure what potential tenants need in a retail center and what will help make them successful,” she said.
For example, Wein said, it’s common to have a pharmacy restriction in a shopping center, only allowing one pharmacy. However, in an effort to reduce competition on the subject center, it could potentially drive traffic to another site across the street. The information is available to know the actual impact of a competing pharmacy inline, on an outparcel, or on a site across the street.
And it’s not just for developers alone; retailers should be seeking out data related to their top 10 co-tenants. What are shoppers looking for when they enter a store? Locating a retail store adjacent to complementary traffic generators improves the customer’s shopping experience and makes them more likely to return.
Locating complementary retailers in the same center may create a shopping destination with powerful traffic-driving momentum that can boost sales for all retailers in the center.
“Developers have a vested interest in creating an environment where their tenants will succeed,” Wein said. “The reliability of data resources has improved dramatically over the past decade and rank as perhaps the most important factor in judging a retail facility’s long-term viability,” she said.
“It’s very common in the real estate industry to drive by a site and if it “feels right,” that makes it right,” said Rachel Elias Wein, founder and CEO of WeinPlus Real Estate Advisory Services in St. Petersburg.
But intuition---a mix of experience, inspiration and vision that mark most successful developers---takes a back seat to accurate data on customer traffic, merchandising, co-tenancy and restrictions when it comes to creating long-term, successful projects.
“Development strategy is much more scientific today than it was even 10 years ago,” Wein said. “Emerging data resources such as Test and Learn software, powered by the explosion in the GIS and consumer data associated with loyalty programs, have created whole new ways to measure what potential tenants need in a retail center and what will help make them successful,” she said.
For example, Wein said, it’s common to have a pharmacy restriction in a shopping center, only allowing one pharmacy. However, in an effort to reduce competition on the subject center, it could potentially drive traffic to another site across the street. The information is available to know the actual impact of a competing pharmacy inline, on an outparcel, or on a site across the street.
And it’s not just for developers alone; retailers should be seeking out data related to their top 10 co-tenants. What are shoppers looking for when they enter a store? Locating a retail store adjacent to complementary traffic generators improves the customer’s shopping experience and makes them more likely to return.
Locating complementary retailers in the same center may create a shopping destination with powerful traffic-driving momentum that can boost sales for all retailers in the center.
“Developers have a vested interest in creating an environment where their tenants will succeed,” Wein said. “The reliability of data resources has improved dramatically over the past decade and rank as perhaps the most important factor in judging a retail facility’s long-term viability,” she said.
NAI Realvest Brokers Sale of Apopka Lowe’s Outparcel for a New Tire Kingdom
ORLANDO, Fla – NAI Realvest recently negotiated the purchase of a 0.80-acre retail development site for a new 7,000 square foot Tire Kingdom store in Apopka.
NAI Realvest principals Kevin O'Connor and Matt Cichocki brokered the transaction on behalf of the Charlotte, N.C.-based buyer, Pavilion TK-Apopka LLC, who paid $490,000 for the property which is an outparcel to the Lowe’s on Orange Blossom Trail.
Lowe’s Home Centers, Inc. of Wilkesboro, N.C. is the seller.
This is the 11th Central Florida Tire Kingdom location secured by the NAI Realvest team of Cichocki and O’Connor.
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 through NAI Global, an international commercial real estate network with over 350 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.
NAI Realvest principals Kevin O'Connor and Matt Cichocki brokered the transaction on behalf of the Charlotte, N.C.-based buyer, Pavilion TK-Apopka LLC, who paid $490,000 for the property which is an outparcel to the Lowe’s on Orange Blossom Trail.
Lowe’s Home Centers, Inc. of Wilkesboro, N.C. is the seller.
This is the 11th Central Florida Tire Kingdom location secured by the NAI Realvest team of Cichocki and O’Connor.
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 through NAI Global, an international commercial real estate network with over 350 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.
JULY POKER RUN AND SCHOOL SUPPLY DRIVE WILL BENEFIT FOSTER CHILDREN IN THREE FLORIDA COUNTIES
PORT ORANGE – A poker run to benefit the Children’s Home Society of Florida will kick off July 28 at the Rue & Ziffra P.A. law firm, 640 Dunlawton Ave. in Port Orange.
Registration for the Tri-County Back-to-School Run will begin at 5 p.m. in the Rue & Ziffra parking lot, according to David Sweat, a partner in the personal-injury law practice. Registration begins at 5 p.m. and kick stands will go up at 6 p.m. Riders will be escorted on their journey by local police motorcycle units.
“We’re just as excited to take part in this event as we are to sponsor it,” said Sweat, an avid motorcyclist who plans to ride in the poker run. “The cost to enter is either $10 a person or a donation of school supplies for foster children in Volusia, Flagler and Putnam counties.”
The ride will end at the Original First Turn Lounge, 5236 Ridgewood Ave., where there will be a 50/50 poker contest, raffles and giveaways, a variety of food, and live entertainment by the Chris Hiatt Experience band.
School supplies like backpacks, paper, pencils, erasers, etc. will be accepted from riders and anyone else wanting to donate to the cause.
For details, visit http://www.rueziffra.com/back-to-school-run or call 386-788-7700.
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 25 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, DeLand and Palm Coast. For more information, visit www.rueziffra.com.
Registration for the Tri-County Back-to-School Run will begin at 5 p.m. in the Rue & Ziffra parking lot, according to David Sweat, a partner in the personal-injury law practice. Registration begins at 5 p.m. and kick stands will go up at 6 p.m. Riders will be escorted on their journey by local police motorcycle units.
“We’re just as excited to take part in this event as we are to sponsor it,” said Sweat, an avid motorcyclist who plans to ride in the poker run. “The cost to enter is either $10 a person or a donation of school supplies for foster children in Volusia, Flagler and Putnam counties.”
The ride will end at the Original First Turn Lounge, 5236 Ridgewood Ave., where there will be a 50/50 poker contest, raffles and giveaways, a variety of food, and live entertainment by the Chris Hiatt Experience band.
School supplies like backpacks, paper, pencils, erasers, etc. will be accepted from riders and anyone else wanting to donate to the cause.
For details, visit http://www.rueziffra.com/back-to-school-run or call 386-788-7700.
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 25 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, DeLand and Palm Coast. For more information, visit www.rueziffra.com.
NAI Realvest Negotiates New Office Lease Agreement with Engineering Firm at Primera Court I in Lake Mary
ORLANDO, Fla. --- NAI Realvest recently negotiated a new lease agreement for 2,670 square feet of Class A office space at Suite 215 Primera Court I, 725 Primera Blvd. in Lake Mary.
NAI Realvest Senior Broker Associate Mary Frances West, CCIM brokered the transaction representing the landlord Interchange-Primera I, LLC c/o Charles Wayne Properties, based in Daytona Beach.
The new tenant is Hughes Associates, Inc. an engineering firm that specializes in fire protection and design.
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.
NAI Realvest Senior Broker Associate Mary Frances West, CCIM brokered the transaction representing the landlord Interchange-Primera I, LLC c/o Charles Wayne Properties, based in Daytona Beach.
The new tenant is Hughes Associates, Inc. an engineering firm that specializes in fire protection and design.
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.
NAI Realvest Negotiates New Lease at Kissimmee Shopping Center for Medical Rehab / Training Facility
MAITLAND, Fla. – NAI Realvest recently negotiated a new long-term lease agreement for 1,939 square feet of storefront medical office space at the Kissimmee Shopping Center on Old Vineland Road in Kissimmee.
Paul P. Partyka, managing partner at NAI Realvest brokered the transaction representing the landlord, Herndon, Va.-based KVOS, LLC.
Orlando Pediatric Center LLC of Kissimmee, leased 2501A Old Vineland Rd. in the center for a new medical team specializing in innovative rehabilitation training.
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.
Paul P. Partyka, managing partner at NAI Realvest brokered the transaction representing the landlord, Herndon, Va.-based KVOS, LLC.
Orlando Pediatric Center LLC of Kissimmee, leased 2501A Old Vineland Rd. in the center for a new medical team specializing in innovative rehabilitation training.
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.
NAI Realvest Negotiates New Office Lease at the Quadrangle in East Orlando
ORLANDO, Fla. --- NAI Realvest negotiated a new office lease for 3,872 square feet at 3452 Lake Lynda Drive, in The Quadrangle office park in east Orlando.
Mary Frances West, CCIM, senior associate at NAI Realvest, negotiated the transaction representing the new tenant, Ann Arbor, Mich.-based Cybernet Systems Corporation, an engineering R&D and information security company specializing in technologies that enhance human performance.
The landlord, JPMCC2005-CIBC13 Orlandville Offices LLC was represented by Micah Strader of CBRE.
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.
About Cybernet Systems
Cybernet Systems Corporation is a leading American research and development company that engineers technological solutions to some of the world’s leading defense, medical and information security challenges. Our software, hardware and information assurance solutions support American troops at installations around the world, and our technological innovations can be found commercially in millions of home gaming systems and medical patient support systems. For more information, visit www.cybernet.com.
Mary Frances West, CCIM, senior associate at NAI Realvest, negotiated the transaction representing the new tenant, Ann Arbor, Mich.-based Cybernet Systems Corporation, an engineering R&D and information security company specializing in technologies that enhance human performance.
The landlord, JPMCC2005-CIBC13 Orlandville Offices LLC was represented by Micah Strader of CBRE.
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.
About Cybernet Systems
Cybernet Systems Corporation is a leading American research and development company that engineers technological solutions to some of the world’s leading defense, medical and information security challenges. Our software, hardware and information assurance solutions support American troops at installations around the world, and our technological innovations can be found commercially in millions of home gaming systems and medical patient support systems. For more information, visit www.cybernet.com.
STONEYBROOK WEST GOLF CLUB TO HOST U.S. KIDS GOLF TOURNAMENT JUNE 30
ORLANDO, Fla. --- More than 80 top-ranked golfers aged 6 to 14 are expected to participate in the U.S. Kids Golf Foundation tournament June 30 at Stoneybrook West Golf Club in Winter Garden.
Tournament organizer Doug Smith said golfers from Jacksonville, Tampa, Melbourne and the Orlando area are scheduled to tee off starting at noon.
Among the top players are U.S. Kids Golf Player of the Year Mimi Chen, age 9; Doug Smith, a 14-year old Junior Honda Classic Champion from Orange Tree Golf Club in Orlando who has been playing since the age of two; and Joe Pagdin, a 10-year-old who has been playing golf at Lake Nona since he was four years old.
Smith said tournament officials expect to see scores ranging from sub-par to 12 over.
Tournament organizer Doug Smith said golfers from Jacksonville, Tampa, Melbourne and the Orlando area are scheduled to tee off starting at noon.
Among the top players are U.S. Kids Golf Player of the Year Mimi Chen, age 9; Doug Smith, a 14-year old Junior Honda Classic Champion from Orange Tree Golf Club in Orlando who has been playing since the age of two; and Joe Pagdin, a 10-year-old who has been playing golf at Lake Nona since he was four years old.
Smith said tournament officials expect to see scores ranging from sub-par to 12 over.
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