Monday, September 24, 2018

NAI Realvest Charles Wayne Commercial Closes on $1.14 Million Sale of 44 Residential Lots in Lake Helen

Aerial site plan
Lake Helen, Fla.NAI Realvest Charles Wayne Commercial, a local real estate industry leader with a global footprint, has closed on the $1,144,000.00 sale by D.R. Horton Inc. of 44 estate-size homesites in the Woods of Lake Helen in West Volusia County.

Steve Costa, Associate at NAI Realvest Charles Wayne Commercial, negotiated the transaction on behalf of the seller.  Costa worked closely with the City of Lake Helen and its Historical Board to ensure the buyer would be a good fit for the City’s architectural gateway standards that maintain an Old Florida feel.

Melbourne-based Vintage Estate Homes, the buyer who plans to build single-family homes in a variety of architectural styles on the finished lots,  is building similar homes at Oakland Park in Winter Garden, Fla. 

“The City of Lake Helen became convinced about the quality of Vintage Estate Homes’ designs, and they are now enthusiastic about seeing the subdivision move forward,” said Costa.

Geneva model
Vintage Estate Homes will be completing and opening models in the spring-summer of 2019 at the Woods of Lake Helen located off Main Street in the rural town southeast of DeLand.  

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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.

About Charles Wayne Properties
Charles Wayne Properties has also served the needs of the real estate community since 1978. It has developed and managed shopping centers, freestanding retail, office buildings and industrial parks.  CWP has worked with local and national clients in capacities including brokerage, development, investment sales, health care practice sales, tenant representation, property management and receivership. To learn more please visit www.charleswayne.com


Hold-Thyssen Completes Expansion Lease at Apopka Commerce Center Nearly Doubling Space of the Non-Profit for Disadvantaged Children



APOPKA / WINTER PARK, Fla.Hold-Thyssen, Inc. a full service commercial real estate firm, recently negotiated an expansion lease in Apopka Commerce Center, a 98,000 square foot industrial park on Cooper Commerce Drive in Apopka.     

Hold-Thyssen’s team of Alex Rowlinson and Troy Stevens represented the landlord in the three-year lease of 2,400 square feet at 535 Cooper Commerce Drive.  Tenant My Neighbors Children, Inc., who provides meals, clothing and other resources to disadvantaged children in North and South America, already leased 2,800 square feet. They have now expanded into a total occupancy of 4,900 square feet. 

The Hold-Thyssen team also negotiated a three-year lease renewal of 15,400 square feet at the center. The tenant Bavaria Corp. is a manufacturer of ingredients for food safety and processing under numerous brand names.

Currently Apopka Commerce Center is more than 90 percent leased.

Hold-Thyssen 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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