NAI Realvest Negotiates New Lease for Brooks Design Studio in Altamonte Springs

MAITLAND, Fla. --- NAI Realvest recently negotiated a new lease agreement for 1,753 square feet of Class B office space in the three story building at 234 N. Westmonte Drive off SR 436 and I-4 in Altamonte Springs. Michael Heidrich, a principal in the firm, negotiated the transaction representing the tenant, Brooks Design Studio, LLC. The landlord, Alleve Investments LLC was represented by Christi Davis CCIM of Morrison Commercial Real Estate. 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 negotiates new lease with water damage experts at Hanging Moss CommerCenter in Orlando

MAITLAND, Fla. – NAI Realvest recently negotiated a new industrial lease agreement for 1,875 square feet in Suite 330, 6124 Hanging Moss Rd. at Hanging Moss CommerCenter in Orlando. NAI Realvest Principal Michael Heidrich brokered the transaction representing the landlord COP-Hanging Moss, LLC of Maitland and the tenant, Dry-Tech Restoration, Inc., water damage experts. 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.

Hendricks & Partners Negotiates $3.465 Million Sale of Roselea Manor Apartments in Sanford

ORLANDO, Fla. --- Hendricks & Partners, one of the nation’s largest and most active multi-family investment banking and research companies, recently negotiated the sale of Roselea Apartments on Ridgewood Ave. in Sanford for $3,465,000, or $26,250 per unit and $26.41 per square foot. The community was 60 percent occupied at the time of closing. Cole Whitaker, partner who heads Hendricks & Partners in the Southeast, negotiated the sale with associate partner Hal Warren. Bob Hold, with Hold Thyssen, acted as receiver and assisted in the sales effort. The 132 unit Roselea apartment community was built in 1974, with an average unit size of 994 square feet.

Celebration Golf Club to Host Annual Mid-Florida CAI Golf Tournament Oct. 19 with $5,000 in Cash Prizes

ORLANDO, Fla. --- Celebration Golf Club will host the second annual Mid-Florida CAI golf tournament Friday, Oct. 19, Kenny Nairn, club general manager and executive vice president of Celebration Golf Management, said the tournament will feature $5,000 in cash prizes and a new car to anyone who scores a hole in one. Nairn said a 12:30 p.m. shotgun start has been scheduled for the four person scramble tournament. A portion of the proceeds raised will benefit the Sunshine Foundation Dream Village. CAI — the Community Association Institute — is a national organization dedicated to fostering vibrant, competent, harmonious community associations.