Hold Thyssen Announces lease at Visitors Plaza in Kissimmee to Triple F Entertainment, LLC, d/b/a MGA Machine Gun America/Orlando

ORLANDO, Fla. – Hold Thyssen recently announced that it leased 10,000 square feet of retail space in Visitors Plaza in Kissimmee to Triple F Entertainment, LLC, for a 10 year term. Martin Forster, CCIM of Hold Thyssen acted on behalf of the landlord of Visitors Plaza, the estate of the late, well-respected Kissimmee businessman, Delroy “Joe” Josephs, Sr. Visitors Plaza is located at the northeast quadrant of the intersection of West Irlo Bronson Memorial Highway (SR 192) and Holiday Trail, across from Old Town USA. The 10,000 square foot space had formerly been occupied by the Sizzlin’ Grill. Triple F Entertainment LLC does business as Machine Gun AmericaTM, slated as Orlando’s first Automatic Adrenaline AttractionTM, offering its guests an exciting way to experience some of the most famous firearms from around the world in a safe, secure, state-of-the-art environment. MGATM is not a gun range, and guests cannot bring their own firearms, but rather a firearms attraction experience only. MGATM also offers high-level premier ‘military grade’ training simulators that entertain up to four guests at a time, plus full immersion gaming experiences with surround sound. MGATM will initially create an estimated 25 highly skilled jobs in Osceola County, and is scheduled to open its doors to the public Dec. 20. “This was an intricate transaction requiring protracted negotiations. However, once our concerns about safety were satisfied we were delighted to welcome Triple F as tenants,” said Forster. “We have been impressed at the speed and efficiency of their build-out and we look forward to a long and fruitful relationship with MGA,” he added. Hold-Thyssen, a real estate services firm headquartered in Winter Park with offices in Tampa, provides commercial property and leasing and management services to institutional and private investor clients nationwide. The 40-year old firm’s current portfolio includes more than 100 commercial properties throughout the United States.

Lennar is Opening Two new models for viewing at its new phase at South Fork in Riverview

TAMPA, Fla. -- Lennar's Central Florida division is opening two new furnished and decorated model homes in its newest phase at South Fork on Ambleside Blvd. off Big Bend Rd. east of US 301 in Riverview, Tampa’s Southshore area. Mark Metheny, division president, said Lennar is building 107 new homes in the new phase that’s configured for larger homes with three-car garages. The homes will range from 2,277 square feet of living area to 4,259 square feet, priced from the $250s. Metheny said two models will be open and ready for viewing by mid-December at Lennar's new phase at South Fork. One model is The Buckingham, A two-story home with four bedrooms, a study, bonus room and three full baths in 3,711 square feet base priced at $310,990 The other model that will be furnished, decorated and ready for viewing in Lennar’s new phase at South Fork is the Newcastle, with four bedrooms, three full bathrooms, family room, formal living / dining room in 2,599 square feet, base priced at $283,990. Every Lennar home built at South Fork comes with the homebuilder’s “Everything’s Included” pledge: upgraded finishes, superior appliances, enhanced energy-efficient construction materials, and many other unique features all included in the one Lennar Homes price. Amenities homeowners enjoy at South Fork are community pools, recreation areas, tennis courts and playgrounds. Schools are in walking distance and major highways are easily accessible. Visit www.LennarTampa.com .

Berkadia brokers $27 Million Sale of Mission Galleria Apartments in Cobb County

ATLANTA, GA. – Berkadia Real Estate Advisors, one of the nation’s largest and most active multifamily investment banking and research companies, recently brokered a $27 million sale of the 416-unit Mission Galleria apartment community located at 5000 S. Lincoln Trace Ave. NE in Smyrna, Cobb County, Ga. Andrew Mays and Paul Vetter, senior vice presidents at Berkadia’s Atlanta office, represented the buyer RADCO Investments, LLC on the deal and worked with David Oakley, partner in Berkadia’s Birmingham office, who represented the seller Mission Galleria, LLC. “RADCO recognized in Mission Galleria an excellent value-add opportunity buoyed by the adjacent development of SunTrust Park, and moved expeditiously to get this done,” said Mays. “A deal of this size and complexity would have never come to fruition without the collaboration of our Southeastern offices using their creativity and leveraging existing relationships within the region,” said Brent Long, president of Berkadia at headquarters in Phoenix. Mission Galleria is minutes from shopping and entertainment venues. The apartments are within walking distance and adjacent to SunTrust Park – future home of the Atlanta Braves slated to open in 2017 at an estimated cost of more than $600 million, seating more than 40,000. “Major developments like the Braves’ SunTrust Park in Cobb County bring additional development opportunities creating a domino effect,” Vetter explained. "Buyer and seller were exceptional to deal with and we were excited to bring the two relationships together for a successful transaction – the first of many our Atlanta team will deliver and I'm thrilled to be a part of their positive momentum,” Oakley said Built in 1975 and situated on more than 25 acres, Mission Galleria was 85 percent leased at the time of the sale.

Berkadia Closes on 825 Units in Hoover for $63,347,000

BIRMINGHAM, Ala. --- Berkadia, one of the nation’s largest and most active multifamily investment banking and research companies, recently negotiated the sale of the Hoover 3 Portfolio, an 825-unit portfolio comprised of three properties -- Park at Galleria, Place at Galleria, and Renaissance at Galleria -- that are all located in Hoover for $63,347,000 or $76,784.24 per unit. David Oakley, partner, David Etchison, senior vice president, and Royce Emerson, senior vice president, based in the Berkadia Alabama office, negotiated the sale of the Hoover 3 Portfolio representing the seller, CLK Properties. With a mixture of Class "A" and Class "B" communities, these properties possess outstanding location fundamentals with a complementing blend of early 2000s, mid-1990s, and redeveloped 1970s product. The buyer was Intercapital Partners Ltd. based in Chicago, IL. A selection of photos are available at - https://www.dropbox.com/sh/8mobj2h3mh7e3oi/AADgCpE6NC0X0aXQ50BX6miga?dl=0

NAI Realvest negotiates $680,000 investment sale of former Canine Training facility near Orlando Airport

ORLANDO, Fla. – NAI Realvest recently negotiated an investment sale of the former Canine Training Facility at 10806 Palmbay Drive in Orlando’s Airport Industrial Park. Michael Heidrich, principal at NAI Realvest and associate Kristen Kemp negotiated the $680,000 sale price for the 8,425 square foot facility representing the seller, Seattle-based Lisa M Lecky, Trustee of the Victor Vierra Marciel Sr. Credit Trust. Matt Fitzgibbon of Fitzgibbon Alexander represented the local buyer, National Canine RE, LLC, who purchased the property for investment and redevelopment.

Stirling Sotheby’s International Realty Expands its Global Service to include Professional Athletes

Orlando, Fla. --- Stirling Sotheby’s International Realty has expanded its global service to include assisting athletes and professionals relocating worldwide. Tiphany Weeks, recently named a luxury real estate specialist in the firm’s Dr. Phillips/Windermere Real Estate Gallery, will play a major role in the expansion. Roger Soderstrom, owner of Stirling Sotheby’s International Realty, said Weeks brings the team at Dr. Phillips/Windermere a background strong in sales and sales management. Weeks, who is married to a major league baseball player, will be globally representing athletes and professionals worldwide with their luxury real estate needs including primary and secondary residences as well as exclusive investment opportunities. Weeks holds a bachelor’s degree in marketing with a focus on professional sales from Southern University in Baton Rouge. She’s a former account manager for AT&T Mobility and was later a territory manager three plus years at Healthpoint Biotherapeutics where she achieved top sales status. She earned her Florida real estate license when relocating to Orlando from Vallejo Calif. a suburb of San Francisco near Napa Valley.

UCF Business Incubator in Winter Springs Welcomes Colombian Maintenance, Aircraft Operations Software Company

Winter Springs, Fla. --- Seico Technology LTDA, a 10-year old specialty software developer based in Bogota, Colombia, has opened U.S. operations in Winter Springs at the University of Central Florida Business Incubator facilities at 1511 E. State Road 434. Seico specializes in the development, marketing and implementation of software for maintenance, inventory and aviation operations control. Seico located its U.S. headquarters in Winter Springs to take advantage of the UCF Business Incubation Program’s “Soft Landing” program that provides foreign and out-of-state businesses a location from which to introduce their operations in the U.S. and Florida. Mauricio Orjuela Perez, general manager of Seico Technology, said he is delighted to open offices in Winter Springs. “Winter Springs provides a strategic location with more than sufficient market opportunities, as well as confidence to potential buyers,” Orjuela said.