Thursday, January 24, 2013

NAI Realvest Negotiates Two New Retail Leases at Village Market Place of Lake Mary, Boosts occupancy to 90 Percent

MAITLAND, Fla. – NAI Realvest recently negotiated two new lease agreements totaling 3,500 square feet of retail space at Village Market Place of Lake Mary located at 3818 S. Orlando Drive (U.S. 17-92) in Sanford. NAI Realvest Associate Mitch Heidrich brokered both transactions representing the New York City based landlord, Herdor, LLC. DC Turnbulls Martial Arts, LLC is the new local tenant who leased 2,450 square feet at the retail center. DC Turnbulls, which provides instruction and training in Tae Kwon Do and other martial arts, will occupy Suites 3842 and 3844. At the same time, Liberty Tax Service, Inc. headquartered in Virginia Beach, Va. leased Suite 3830 with 1,050 square feet at the retail center. The 69,029 square foot Village Market Place of Lake Mary is now 90 percent leased.

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