Thursday, June 19, 2014

Hold-Thyssen’s localized strategy earns two choice property management assignments

ORLANDO, Fla. -- Hold-Thyssen, a real estate services firm headquartered in Winter Park, was recently awarded two choice property management assignments in the Maitland Center and high-growth southwest Orlando. Robert Hold, president of Hold-Thyssen, Inc., said the new assignments include 258 Southhall Lane, a 90,000 square foot office building at prestigious Lucien Pointe in the Maitland Center area, and Phillips Place, a 56,000 square foot office building on Dr. Phillips Blvd. in Orlando’s thriving southwest sector near its tourism corridor. Each building has different ownership. Hold said Hold-Thyssen’s approach to boutique, smarter property management earned both new assignments. “Institutional owners are learning what many middle-market owners have known for some time---that local ‘boutique’ property management firms offer the same access to information as the national brands along with the agility to respond instantly and intelligently to opportunities and market demands,” Hold said. Hold Thyssen assumed leasing and management of the 258 Southhall Lane building at Lucien Pointe in 2003 and soon achieved 100 percent occupancy, Hold said. The firm brokered the sale of the property in 2006 at the height of the real estate cycle. The property’s current owners recently invited Hold-Thyssen back to the table, Hold said. “Smaller, smarter leasing and management companies can be more aggressive, especially when it comes to brokerage and co-op structures,” Hold said. “Our principals are on the ground already. We don’t have a stable of first-year associates who need approval of a supervisor in another city when a unique opportunity arises,” Hold said. The Hold-Thyssen companies have managed commercial, office, and multi-family investment properties for more than 40 years. The firm’s current portfolio includes more than 100 commercial properties.

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