Lincoln Property Company Completes Multi-Year Office and Flex Leases for Expanding Enterprises at SunTech Commerce Park

LAKE MARY / ORLANDO,  Fla. – Lincoln Property Company, a full service commercial real estate firm, completed two long-term lease agreements totaling more than 9,308 rentable square feet at Lake Mary’s SunTech Commerce Park.

Sean DuPree CCIM, Broker at Lincoln Property Company, negotiated both transactions representing RCS-Suntech, LLC of Louisville, CO., landlord for the six building, office /flex campus. 

Terminix International Company Limited Partnership is the new tenant in the 55 Skyline Drive building.  The leading U.S. provider of residential and commercial pest control leased 5,971 square feet of office/flex space for its expanding regional operations.  

The new tenant in the 41 Skyline Drive building is Nectars Pet, Inc., an expanding pet food distributor who leased 3,337 square feet.

DuPree handles the leasing on behalf of the owner of SunTech Commerce Park with a total of 224,358 rentable square feet. 

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For more information contact

Sean DuPree, CCIM, Director of Sales/Leasing, Lincoln Property Company 407-872-3500 sdupree@lpc.com

Larry Vershel or Beth Payan, Larry Vershel Communications Inc. Lvershelco@aol.com 407-644-4142

About Lincoln Property Southeast

Lincoln Property Southeast is a commercial real estate firm offering a comprehensive suite of value-added services for clients.  With a substantial local presence and history in the Southeast region, the company is ideally situated to provide superior service, which comes from striving to understand the goals and challenges of tenants, investors, lenders and owners of commercial real estate.   

Mixed-Use Commercial Sites Ready at Halifax Town Center ‒ DIX Development’s I-95 Interchange Property in Ormond Beach

Ormond Beach, Fla. --- Halifax Town Center, a mixed-use development located along a high-impact growth corridor between Daytona Beach and Halifax Plantation, is being aggressively marketed for DIX Development by Orlando-based Stirling International Real Estate.

The property is situated at the southeast quadrant of the prime Interstate 95 interchange at Old Dixie Highway.  The developer’s preliminary concept plans show uses including a hotel, apartments, town homes, assisted living facility, waterfront restaurants and medical/professional offices.       

James Dicks CEO of DIX Developments said “the 53-acre Halifax Town Center is part of the golf course community Halifax Plantation in Volusia County with an Ormond Beach address.  The property is just minutes from the Atlantic Ocean and intercoastal waterway in Ormond Beach.”

“Halifax Town Center offers many development opportunities in a market area that includes two major golf communities - Halifax Plantation and Plantation Bay with over 4,000 homes and thousands more to come,” said Dicks. “We have been investing in central Florida real estate for generations and we remain committed to the central Florida market place for years to come.”

The fully developed site with storm water retention, surfaced roadways and utilities, is ready for immediate construction and is being marketed globally by John Kurtz and the Stirling International Real Estate team.   

The total construction value of the project is estimated at more than $75 million.  

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NAI Realvest Negotiates Two Leases in Lake Mary, East Orlando With Expanding Construction Company, Software Developer

LAKE MARY / ORLANDO --- Mary Frances West, CCIM Vice President at NAI Realvest recently negotiated two lease agreements for Class A office space in Lake Mary and East Orlando.

West represented Landlord Interchange-FL Rouse, LLC in a new lease of 1,380 rentable square feet at University Court, 3361 Rouse Rd. near UCF in East Orlando.  Software developer The System Source, Inc. is the new tenant. 

The Adjutant Group, LLC renewed its lease and expanded into additional space for a total of 2,502 rentable square feet at Primera Court II, 735 Primera Blvd. Lake Mary.  Tenant provides construction services throughout the southeast.   West negotiated the transaction on behalf of Landlord Interchange Primera Court II, LLC of Daytona Beach. 

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About NAI Realvest

NAI Realvest, covering 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 400 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. 

NAI Realvest Negotiates $2.3 Million Sale of Retail Building by Florida Mall

ORLANDO, Fla. – NAI Realvest recently closed the sale of the 18,714 square foot retail building at 1401 Florida Mall Ave. adjacent to the Florida Mall in South Orlando for $2,300,000.00.

NAI Realvest principals Kevin O'Connor and Matt Cichocki negotiated the sale of the former fabric store on behalf of the Las Vegas-based seller, Katz & Katz, LLC. 

The buyer Iqbal Investments of Windermere, Fla. plans to renovate the building for operation of a retail store.    Imran Nazer of premium Realty Advisors, LLC represented buyer in the transaction.

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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 400 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.  

Blackton Awarded Contract from KB Home to Provide Building Materials at Sawgrass Bay in Clermont

CLERMONT, Fla. --- Blackton, Inc., a major provider of building materials for the home building industry, recently earned a contract from KB Home worth an estimated $1.2 million.

Micky Blackton, chief executive officer of Blackton, Inc., said the family owned firm will provide roofing, carpet and tile to KB Home’s new home community at Sawgrass Bay located off U.S. Highway 27 in Clermont.

“Our contract covers 150 new homes at Sawgrass Bay,” Blackton said. “Construction of models will get underway this summer.”  

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