Lincoln Property Broker Closes On $3,000,000 Sale of Majority of Professional Office Condos North of Orlando

professional office condos at 587 E. SR 434 

ORLANDO, Fla. – Lincoln Property Company recently closed on the $3,000,000 sale of the majority of a 75,720 square foot, three-story building comprised of professional office condos at 587 E. SR 434 in Longwood.   Broker Sean DuPree, CCIM listed the property totaling 62,600 square feet or over 80 percent of the building and negotiated the transaction representing the

 seller, Fort Lauderdale-based Longwood Office Park, LLC.    Orlando investors 434 Longwood Medical LLC purchased five vacant units on the first floor and the entire second and third vacant floors each measuring 25,000 square feet.  The building was constructed in 1984 just east of Ronald Reagan Blvd. (CR 427) and less than half a mile from South Seminole Hospital, north of Orlando.   Two other owners that occupy offices on the first floor are West Orange Neprology in 2,476 square feet and Orlando Health Family Medicine in 4,880 square feet.

Sean DuPree

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About Lincoln Property Company

Lincoln Property Company is a full service 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.  

NAI Realvest Closes $3 Million+ Acquisition of New Smyrna Beach Walgreens Store

New Smyrna Beach, Fla. -- NAI Realvest recently negotiated the $3,073,000 sale of a 12, 973 square foot building occupied by a Walgreens store located on State Road A1A in New Smyrna Beach. 

Chris Adams

Chris Adams, Associate at NAI Realvest, negotiated the purchase of the building built in 1993, representing Davenport-based Citrus Enterprises Inc.  a freight shipping and trucking company.  Buyer purchased the fully, long-term leased property to exercise a 1031 tax deferred exchange.  

Seller 800A1A Spiro Comitos was represented in the transaction by Mark Hollenbeck of Retail Net Real Estate.  

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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. 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.     

Blackton Earns $900,000 Contract to Provide Flooring for AV Homes’ Bella Parc Townhomes

Orlando/Kissimmee, Fla. --- Blackton, Inc., an Orlando-based supplier for the home building industry, was recently awarded a contract from AV Homes worth $900,000 to provide flooring for Bella Parc Townhomes being developed in Kissimmee. 

Micky Blackton, chief executive officer of the family-owned firm, said the contract with the Arizona-based homebuilder includes all flooring materials for the homebuilder’s 102 three and four-bedroom, townhomes planned for Bella Parc located at 3283 Pleasant Hill Rd. in the Poinciana area.   

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Hold-Thyssen Closes Five-Year Lease for Sherwin-Williams Expansion at Enterprise Plaza in Orange City

ORANGE CITY, Fla. --- Hold-Thyssen, Inc., a full service commercial property firm based in Winter Park, recently negotiated a five-year lease expansion and renewal agreement with Sherwin-Williams Company, a tenant for more than 30 years at Enterprise Plaza, located at 2499 Enterprise Rd. in Orange City.

Darby Hold

Darby Hold, transaction specialist at Hold-Thyssen, who represented the Michigan-based Landlord Florida Premier-Enterprise LLC, said Sherwin-Williams extended the lease of its 4,020 square foot unit and expanded into an additional 1,284 square feet totaling 5,304 square feet for another five year term.

At the same time Hold represented the landlord in a three year lease renewal agreement with SalonCentric, Inc.   The tenant, a professional salon products distributor with more than 565 locations nationwide occupies 2,720 square feet at Enterprise Plaza and has been serving the area for 13 years.  

The two tenants, Sherwin-Williams and SalonCentric combined, occupy a total of 8,024 square feet at Enterprise Plaza.

Hold-Thyssen, Inc. provides commercial property brokerage and leasing and management services to institutional and private investor clients nationwide.  The 40-year old firm’s current portfolio includes more that 100 commercial properties throughout the United States.

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NAI Realvest Negotiates $3.975 Million Sale of Downtown Orlando’s Historic Church Street Train Depot Property

Kevin O'Connor

ORLANDO, Fla. – NAI Realvest completed the $3,975,000 sale of the historic Church Street Train Depot, a venue consisting of 15,000 square feet under roof, located at 78 & 90 West Church St. in downtown Orlando. 

Matt Cichocki

NAI Realvest principals Kevin O'Connor,  and Matt Cichocki, negotiated the transaction on behalf of the seller, Ferg’s Depot, which had been operating as a sports bar and restaurant until just prior to close of the sale.   

Local investors, brothers Joe and Rob Nunziata, and principals of Orlando Crazy Train LLC, purchased the property “to bring more retail back into downtown Orlando.”  They’re seeking a national or region

al retailer to fill the space at this high-profile Church Street location.     Christie Smith of Stoneshire Realty represented the Nunziatas.

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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.  

Pulte Homes Purchases 42 New Luxury Townhome Lots at Hammock Cove opening early 2019 in Gateway

FORT MYERS, Fla.  Pulte Homes, one of the nation’s largest homebuilders, recently acquired 42 luxury townhomes at Hammock Cove, an existing gated community located just half a mile north of Daniels Parkway, three miles east of I-75, in the master-planned community of Gateway in Fort Myers.

Artists rendering of Pulte Homes’
Hammock Cove Townhomes in
Gateway opening in early 2019

Richard McCormick, President of Pulte Homes in Southwest Florida, said the furnished model at Hammock Cove will open in early 2019.  Pulte’s two-story townhomes will come in two separate Life Tested® floor plans, the Adirondack and Leland, both with 1,895 square feet of living area, three-bedrooms, two-and-a-half baths and a two-car garage.   

Priced from the mid-$200’s, Pulte’s townhomes at Hammock Cove offer consumer-inspired features like the open concept layouts, spacious owner’s suite with two walk-in closets, expansive kitchen islands, and an abundance of storage space.   

Spacious kitchen of Pulte’s Leland
model in Hammock Cove Townhomes

Residents of Hammock Cove will have easy access to everything the Gateway development has to offer including fine neighborhood schools in the Lee County District, a booming business park, community swimming pool, playground, soccer complex, dog park, a Tom Fazio-designed golf course and country club, miles of jogging and walking trails, biking and hiking paths and numerous sports courts and fields. 

“With close proximity to employment, retail, recreation and the Southwest Florida International Airport, Hammock Cove in Gateway offers a superior live, work and play lifestyle for homebuyers,” said McCormick. 

At buildout Hammock Cove will be an enclave of 136 townhomes with its own residents’ expansive pool deck and poolside cabana.  To join the VIP interest list or for more information, visit www.pulte.com/hammockcove or call 888-226-2765. 

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About Pulte Homes

Pulte Homes is a national brand of PulteGroup, Inc. (NYSE: PHM).  Pulte Homes builds consumer inspired homes and communities that provide the move-up buyer the best quality of life.  Only Pulte Homes offers the combination of innovative Life Tested® home designs with an unwavering commitment to quality and attention to detail. For more information about Pulte Homes, visit www.pulte.com.

Rhodes+Brito Architects’ Transformation, New Construction at Dover Shores Elementary is Ready for 2018-2019 School Year

ORLANDO, Fla. – The Dover Shores Elementary construction and renovation project designed by Rhodes+Brito was completed in time for faculty to get ready for students entering the 2018-2019 school year.

Ruffin Rhodes, co-founder and partner at Rhodes+Brito Architects, said the project awarded by Orange County Public Schools at a cost of approximately $14.8 Million, includes one new building with new classrooms, administration offices, kitchen, multi-purpose lunchroom/stage, play fields and playground equipment and renovation of one existing building that houses Pre-K, Kindergarten, and ESE classrooms.

 

The elementary school, located at 1200 Gaston Foster Rd., off of S. Conway and Curry Ford Rds., is ready to accommodate more than 600 students for the fall 2018 school year. 

 

Dover Shores students were attending a “swing school” at the former Engelwood Elementary School adjacent to the brand new Engelwood Elementary also designed by Rhodes+Brito and it was occupied by students this past 2017-2018 school year.

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Hold-Thyssen closes on Multi-Year Leases Totaling 7,240 Sq. Ft. Two Tenants provide 14 jobs at Edgewater Commerce Center and occupancy is up to 100 percent

ORLANDO / WINTER PARK --- Hold-Thyssen, Inc., a full-service commercial property firm based in Winter Park, recently negotiated two multi-year leases for a total of 7,240 rentable square feet of flex space at Edgewater Commerce Center in the College Park area of Orlando at 6250 Edgewater Drive. 

The Hold-Thyssen leasing team of Alex Rowlinson and Troy Stevens represented the south Florida based landlord/owner of the commerce center in the lease agreements with:

Chimera Security, a full service security and investigative agency operating throughout Florida who leased 6,040 square feet; and

Prizm Event Design, a local event planning company leased 1,200 square feet. 

The two tenants employ a total of 14 at the commerce center where occupancy is up to 100 percent.

Hold-Thyssen, Inc. provides commercial property brokerage, leasing and management services to institutional and private investor clients nationwide.  The 40-year old firm’s current portfolio includes more that 100 commercial properties throughout the United States.

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