Friday, November 6, 2015

Meritage Homes Opens Oviedo Gardens with 130 homesites and Two New Models

ORLANDO, Fla. – Meritage Homes recently opened Oviedo Gardens and premiered two fully-furnished and decorated model homes at the new gated community located off of Oklahoma Street and Geneva Drive in Oviedo. 

Tatiana Souza, Vice President of Sales for Meritage Homes in the Orlando region, said Meritage is building one and two-story, single-family homes priced from the high $300s on quarter-acre+ home sites at Oviedo Gardens.

There are 130 homesites at the community for new energy efficient homes with three to eight-bedrooms that Meritage Homes offers in five distinctive floor plans ranging from 2,537 square feet of living area to 5,169 square feet, Souza said.  

Oviedo Gardens is conveniently located within minutes of employment and entertainment venues, indoor and outdoor recreation including parks and wilderness areas, UCF, downtown Orlando, Oviedo Mall and international airports. 

Crossman & Company brings Publix-anchored center Cornerstone at Lake Mary to 100% occupancy

ORLANDO – Tyler Wilkins of Crossman & Company, one of the largest retail leasing, management and investment sales firms in the Southeast, recently negotiated a long-term lease at Cornerstone at Lake Mary and brought the 63,924 square foot shopping center to 100 percent occupancy.

Wilkins represented the Orlando-based landlord Cornerstone at Lake Mary, LTD in the transaction. 

Florida Autism Center is the new tenant who leased the 3,324 square foot outparcel building at the center located off of H.E. Thomas Parkway on Rinehart Road in Lake Mary. 

Tallahassee-based Florida Autism Center serves children with a variety of development disabilities and currently has five locations throughout central and north Florida.

Other major tenants at the Publix-anchored shopping center include Leslie’s Pools, Jersey Mikes and Giovanni’s Italian Restaurant & Pizzeria.

Crossman & Company Associate, Tyler Wilkins states, “Considering the strength of the market and the quality of Cornerstone at Lake Mary, it is no surprise that we reached 100% occupancy in such a short period of time.”

Berkadia Negotiates $21,350,000 Sale of Enclave at Northwood Apartments in Clearwater

CLEARWATER, Fla. – Berkadia, one of the nation’s largest and most active multi-family investment banking and research companies, recently negotiated the $21,350,000 sale of Enclave at Northwood, a 188-unit apartment community at 2690-2692 Enterprise Road East in Clearwater.

Jason Stanton, Senior Director in the Tampa office of Berkadia negotiated the sale along with Managing Director Cole Whitaker and Senior Director Hal Warren in the firm’s Orlando office.

Berkadia represented the seller, an affiliate of Washington, D.C.-based StoneBridge Investments. 

The one, two and three-bedroom townhome and villa apartments were built in two phases in 1984 and 1985.   Enclave at Northwood units average 1,076 square feet. 

Since 2010 the community has undergone more than $1 million in capital improvements.  Exterior amenities include a 24-hour fitness center, two lighted tennis courts, two swimming pools and a clubhouse.

NAI Realvest negotiates investment sale of former Holiday House Restaurant property on N. Woodland Blvd. in DeLand

DeLand, Fla. --- NAI Realvest, based in Orlando, recently negotiated the sale of the retail / restaurant property formerly known as Holiday House at 1206 N. Woodland Blvd. in DeLand for $460,000.  

The NAI Realvest team of Jeffrey Tanner and Kimberly Manson negotiated the sale and purchase on behalf of the Dallas-based buyer, EYM Realty of Florida LLC.  

The local seller, Willa Louise Cook, Trustee, was represented by Bill Mancinik of Total Realty Corp.   

The property is located at the NW corner of N. Woodland Blvd. (Highway 17-92) and Mandarin Avenue.  The site consists of 53,695 square feet of commercial land and is improved with a 4,730 square foot restaurant building.  Over the next few months, the property shall be converted into a full service Denny’s restaurant.