Thursday, December 19, 2019

Hold-Thyssen Closes Long-Term Lease at Cooper Commerce Center in Apopka – Online Clothing Retailer Expands in the Area 

APOPKA, Fla. – Hold-Thyssen, Inc. a full service commercial real estate firm based in Winter Park, recently closed on a long-term lease agreement for 4,845 square feet of flex space at 535 Cooper Commerce Drive in the Cooper Commerce Center in Apopka. 

Hold-Thyssen Associate Troy Stevens negotiated the transaction on behalf of the landlord.  Laced With Grace, an online clothing retailer expanding in the area leased Suite 330 at the facility and was represented by Michael Etchison of Millenia Partners V, LLC.  Laced with Grace joins current tenants such as Area Wide Protective and Massey Services. 

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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Downtown Orlando’s Most Unique Skyline Office with 10,000 Square Foot Garden Terrace Listed for Sale at under $3 Million

ORLANDO -- The Plaza’s unique, full floor penthouse office in downtown Orlando with 360 degree views of “The City Beautiful” and a highly sought-after outdoor work space is listed for sale at $2,995,000.

The 21st floor of the Plaza’s north tower offers over 20,000 square feet of Class A office space with high-end custom appointments including 10,000 square feet of wraparound garden terrace.  The location, at the heart of Orlando’s CBD, is being marketed as an ideal regional or U.S. headquarters that can take advantage of one of the largest digital media clusters in the nation and a hub for technological innovation.

The 10,891 square foot indoor space offers a huge executive office suite with private conference room and bathroom and more than 16 private offices. A massive 25' x 26' main conference room with custom conference table has an adjoining kitchen for catered meetings.  There are two additional conference rooms, a generous reception area and private elevator lobby with customizable controlled access. 

The Stirling International Real Estate team of John Kurtz, CCIM and Roger Soderstrom, Jr. are representing the property located at 121 S. Orange Ave. at the corner of Church St. and Orange Ave., in Orlando’s urban core.   

“This stunning contemporary suite in downtown Orlando is an ideal location for new technology companies, as well as local and global finance, corporate or division headquarters,” said Soderstrom. 

This exclusive office with the finest in finishes also defines the latest trend in workspace – an outdoor park-like work area enhanced by trees, planters and water features.  Studies have shown exposure to the fresh air and stillness of outdoors reduces depression and cardiovascular disease and makes employees more creative and productive.   

“This is a rare opportunity for both investors and businesses looking into Orlando as a base of operations,” said Kurtz, adding “The Plaza’s penthouse indoor-outdoor office environment is unquestionably a place where business can grow significantly with a staff performing at their best.”       

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PHOTOS (Left to Right): [1] Floor Plan 21st Floor – [2] View of Garden Terrace – [3] Executive Office – [4] Night Birdseye View Plaza N 21st Floor 






$10.5 Million Sale of 300 Acres Makes Way for DeBary’s First   Traditional Design Community

DeBary, Fla. --- NAI Realvest / Charles Wayne Commercial recently closed on the $10.5 Million sale of just under 300 acres on Fort Florida and Barwick Roads in DeBary.  A new 700-unit community called Rivington is planned by the buyer Reader Communities of Orlando and Raleigh, N.C.

Steve Costa, principal at NAI Realvest/Charles Wayne Commercial represented the seller, Empire Cattle, Ltd a third generation, family-owned ranching and citrus operator with land holdings in Putnam and Volusia Counties including development parcels in DeBary and Lake Helen. 

Costa said this new home community will be unique to DeBary and is across the highway from The Junction, the 68-acre Charles Wayne mixed use development that includes Bungalow Homes and Apartments underway plus 104,000 square feet of retail space with a major grocery store.   

Reader Communities is developing a residential community on the property with traditional elements such a walkability, shared green spaces and alleys to accommodate rear entry garages. 

Homes will range from 1,500+ square foot townhomes to single-family homes which will top out around 3,000 square feet, according to Jeff Reader, vice president at Reader Communities. 

The master planned community developer markets and sells developed homesites to national homebuilders.  Rivington will be developed in several phases of 100–200 lots at a time, and Reader expects homes will be priced from the low $200s to the high $300s. 

“This parcel is ideally situated for a new neighborhood development located just over the St. Johns River from the Lake Mary/Sanford employment centers via easy access to 17-92 and Interstate 4,” said Costa.

Rivington is a walkable transit oriented development, immediately adjacent to DeBary’s  TOD and it is less than a quarter mile west of the DeBary SunRail station. The convenience to major arterial highways provides its residents with everything Orlando and Central Florida offers. 

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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. 

About Charles Wayne Properties
Charles Wayne Properties is an industry leader with a 40-year track record as an investor and developer throughout the Southeast having developed and managed grocery anchored shopping centers, freestanding retail facilities, and office and industrial parks.  Since 1978 the firm has worked with local and national brands in various capacities including brokerage, development, investment sales, tenant representation, property management and receivership. Visit www.charleswayne.com for more information.

NAI Realvest Closes New Leases Totaling 20,788 Square Feet for Three Businesses Expanding, Providing Jobs at Airport Commerce Center

ORLANDO -- NAI Realvest completed three new leases for expanding businesses at Airport Commerce Center at 8119–8123 S. Orange Ave. off SR 528 and Sand Lake Rd. 

Matt Cichocki and Kevin O’Connor, principals at NAI Realvest who lease and manage the industrial center negotiated all three transactions representing Landlord Orange Avenue Properties, LLC an affiliate of Ohio-based MAS Investment Group.

NEFCO Construction Supply, LLC based in East Hartford, CT, leased 8,533 square feet.  NEFCO has multiple locations in the U.S. and is slated to start new Orlando operations by year end with an initial staff of five. 

Seattle-based Devir Americas, LLC, a board and card game distributor with locations worldwide, leased 8,533 square feet to relocate its South Florida location and will initially employ 10.   Taylor Zambito of Cushman & Wakefield represented Devir.

Speedzone Performance, LLC of Kissimmee is a performance auto and four-wheel drive accessories business that opened a second location with three workers in a 3,722 square foot unit at the Airport Commerce Center. 

Airport Commerce Center is currently 70 percent occupied.

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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.



Monday, December 9, 2019

Regal | Christie’s International Real Estate Continues to Break Sales Records

LAKE MARY – The new Lake Mary office of Regal | Christie’s International Real Estate, the company’s fifth Central Florida location, has successfully closed more than $38 million in transactions in 2019.

Opened less than a year and staffed with three sales consultants, the office at 1711 International Parkway in Heathrow closed more sales than any other real estate brokerage firm in Lake Mary in October, according to Chris Christensen, broker/owner of the company.

“And, we’ve had five record sales this year,” Christensen said. “There are much larger brokerages in Lake Mary – some with as many as 100 consultants – that haven’t closed as much as we did…over $9,000,000 in October.”

The record-setting began in the spring when they listed and sold an 11,340-square-foot-estate on Bridgewater Drive in Heathrow Woods for $2,310,000, making it the largest resale in Heathrow Woods’ history. 

“Our sales continued in the summer when we handled the sale of a 4,121-square-foot-lakefront home on Sylvan Woods Drive in West Sanford to a Chicago Bears player,” he said, adding that the $1,425,000 price is the highest sale price per square foot in Sylvan Lakes’ history, at that time. 
 
Next, the company sold a 3,384-square-foot South Sylvan Lake Drive home for $1,319,000 making it the highest price per square foot resale in West Seminole County and the new record price per square foot sale on Sylvan Lake.

In October, Christensen said the company closed the sale of a 15,111-square-foot mansion and its accompanying 3,164-square-foot carriage house on Saddleworth Place in Heathrow’s Chestnut Hill community for $3,050,000, making it the largest resale in Lake Mary history, and one of the largest in Seminole County.

Regal | Christie’s also saw another record-breaking sale in April with a 10,000-square-foot estate at 866 Via Lugano in Winter Park selling for $7.25 million which was that city’s second most expensive sale in history, according to Christensen. An agent in the Lake Mary office represented the buyers in that sale.

“This rapid growth of luxury housing here in Central Florida seems unfaltering, with more and more buyers wanting to make their homes in this area of our state,” he said.

Now operating five central Florida offices in Orlando, Celebration, Winter Park, Lake Mary and Clermont, Regal | Christie’s employs top performing agents who provide buyers and sellers of luxury real estate with an unparalleled level of customer service.

Since 1766 the Christie’s name has been instantly and internationally recognized as synonymous with quality and prestige with a steadfast commitment to excellence of service.
Photos provided by Regal | Christie’s International Real Estate.
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Thursday, November 21, 2019

Taylor Morrison / Blackton Multi-Year Engagement Extended by Another 800 Homes at Bellalago

ORLANDO / KISSIMMEE – Blackton, Inc., the Orlando-based supplier for the home building industry won another bid from Taylor Morrison for 800 homes they plan to build at Bellalago in Kissimmee.
Micky Blackton, chief executive officer, said Blackton will provide all the flooring materials for Taylor Morrison’s Mediterranean-style homes at the upscale community with homes ranging from 2,117 square feet to over 5,200 square feet.
Earlier this fall Blackton announced the family-owned firm had collected four other contracts this year from Taylor Morrison all to provide flooring at communities in Osceola County and budgeting over 300 homes per year by the homebuilder
Besides Bellalago Taylor Morrison communities in Osceola County also include Hickory Grove in St. Cloud, Reedy Reserve, Solivita and Stepping Stone in Kissimmee.
“There’s been an uptick in home buying in Osceola County prompting more community homesites getting underway sooner than initially projected,” Blackton said.
Work will get underway on models as soon as permits are received and Blackton is already underway with flooring installations at the other four communities. 
Blackton, Inc. a family owned business located on Alden Road near downtown Orlando has been supplying the home building industry from Jacksonville to Tampa for over 60 years.

Regal | Christie’s International Real Estate Handles $2.4 Million Sale of Bay Hill House Owned by Fresh off the Boat TV Family


ORLANDO – A spacious lakefront estate on the Butler Chain of Lakes – which was owned by a Taiwanese family whose life in America was the inspiration for a TV sitcom – has sold for $2.45 million.
The 8,183-square-foot house – in Bay Hill's gated Isle of Osprey community – was sold by Louis and Jessica Huang, the parents of Eddie Huang who authored the book, “Fresh Off the Boat,” according to Chris Christensen, Broker/ Owner of Regal | Christie's International Real Estate, who represented the sellers.
Christensen said the six-bedroom, 6½-bath home, which sits on more than an acre on Osprey Isle Lane and has 230 feet of lake frontage was designed and built by the Huang family in 1996. Eddie Huang’s book, which became the popular ABC television series, tells the story of his family’s immigration from Taiwan to Washington and then to their home in Orlando. The Huangs now are relocating to California.
A unique feature of the house is its round, two-story great room, which offers breathtaking sunset views of Lake Chase. Other highlights are a boat dock with lift, resort-style pool, home theater and a four-car garage, as well as travertine tile, hand-carved moldings, Venetian plaster, a custom staircase and an expansive home gym.
Christensen said the new owners, Jeffrey and Tanya Borysiewicz, were represented by Rene Wagner of RE/MAX Town Centre. Christensen added that the couple plans to renovate the house to update it and make it more their own style.
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NAI Realvest | Charles Wayne Commercial Brokers Multi-Year Lease for Cleaners’ Expansion and Drive-Through Access

PORT ORANGE --- NAI Realvest | Charles Wayne Commercial recently closed on a multi-year lease at Unit 1, 1633 Taylor Road in Port Orange.
Taylor Cleaners leased 2,000 square feet at the Elmnic Plaza (formerly Space Coast Plaza) to expand and relocate its operations from a smaller unit in the center because the Unit 1 end-cap space has 
drive-through access.
 
Principal Brian Adair and Associate Brad Gifford at NAI Realvest | Charles Wayne Commercial, brokered the transaction representing the tenant and the Space Coast Plaza   landlord, Elmnic, LLC based in Westchester County, NY.
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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. 

About Charles Wayne Properties
Charles Wayne Properties is an industry leader with a 40-year track record as an investor and developer throughout the Southeast having developed and managed grocery anchored shopping centers, freestanding retail facilities, and office and industrial parks.  Since 1978 the firm has worked with local and national brands in various capacities including brokerage, development, investment sales, tenant representation, property management and receivership. Visit www.charleswayne.com for more information.

Frontier Airlines among New Tenants Lincoln Property Company Signed up for Multi-Year Leases at Airport Business Center

ORLANDO – Lincoln Property Company Southeast, a full service commercial real estate firm based in Orlando, recently closed on four multi-year lease agreements at Airport Business Center for a total of 15,000 square feet of office/flex space.
Sean DuPree, Broker at Lincoln Property who handles leasing at Airport Business Center, negotiated the transactions on behalf of the Louisville, CO-based Landlord RCS-Orlando Airport 371 LLC.
Denver-based Frontier Airlines represented by Newmark Knight Frank’s Michael Lohman leased 7,606 square feet for flight attendant training. The airline will relocate that operation from Lake Buena Vista.
R.P. Plumbing Solutions, Inc. specializing in commercial and residential plumbing leased 2,467 square feet for its newly established business at and was represented in the transaction by José Fleming, of Preferred Real Estate Brokers.
Advent Health CentraCare Conway renewed their lease of 4,921 square feet at Airport Business Center and was represented by Ryan Kingry of Jamison Commercial. 
Felix & Associates, based in Stuart, FL leased 971 square feet at the center to serve the central Florida market.   The general contractor specializes in excavation and roads.
The Airport Business Center, six-building 200,000 square foot office/flex business park is located at 5730-5892 S. Semoran Blvd. at the intersection of Hoffner Ave. (CR15) north of Orlando International Airport.
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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.

Thursday, November 7, 2019

Fast-Growing UK Firm Buys Large Downtown Orlando Office ‒ Stirling International Team Brokers $2.19 Million Sale at The Plaza

ORLANDO, Fla. – Epos Now, a U.K. based provider of Point of Sale systems and software has purchased nearly half of the 20th floor in the south tower of The Plaza at 189 S. Orange Ave. for its U.S. headquarters. 
The leading POS software designer focused on the retail and hospitality industries, closed earlier this week on the 9,104 square foot Class A office comprising three suites for $2,189,952.00 to expand its operations in the U.S. 
“Our USA expansion has been a great success. Our mission is to supply the technology sorely needed by bricks and mortar to level the playing field and thrive. With over 5,000 USA locations to support, we are now firmly setting roots and fully investing in Orlando. This means we can give our team members an environment they can be proud of and show our commitment to their personal and professional development. We are here to support the local community and add value in any way we can,” said Jacyn Heavens, founder of Epos Now.

“Currently, we have 46 employees already in Orlando and we’re looking to double that in 2019-2020 to over 100, creating over 50 tech jobs in Orlando.   Globally we’re looking at taking this number to 400+ over the same period,” Heavens added.

The Stirling International Real Estate team of John Kurtz, CCIM and Roger Soderstrom, Jr., negotiated the sale on behalf of the seller, RSC Plaza Office Condos, LLC, part of Denver-based Real Capital Solutions.  Epos Now received financing through Adrian Nuño with BBVA’s corporate banking team in downtown Orlando at 111 N. Magnolia Ave.
“The Plaza offers a unique opportunity in Downtown Orlando’s CBD to purchase class A office space well below replacement costs,” Kurtz said.  “Smart companies are taking advantage of today’s low mortgage rates and the significant business advantages of owning their own office space,” Kurtz said.
Stirling International is the leasing and management representative for more than 120,000 square feet of office space at The Plaza, a mixed use development that includes  105,000 square feet of high end retail within the two towers including a 12-screen cinema, restaurants, and 306 Solar residential units.  Its location with close proximity to major thoroughfares is a major asset for users who require easy access to the international airport and throughout the state.

NAI Realvest Completes $5.3 Million Investment Sale / Leaseback For The New Home of Tommy’s Florida Boat Dealership in Clermont

CLERMONT, Fla. --  NAI Realvest, based in Orlando and one of the leading providers of real estate services in Florida,  recently closed on the NNN investment sale of a 14,518 square foot boat dealership building on a five-acre tract at 16212 SR 50 in Clermont. 

Scottsdale, AZ-based STORE Master Funding XVIII, LLC, purchased the property for $5.3 Million with a long-term lease in place to the seller, Bear Creek Bridge, LLC of Grand Rapids, MI d/b/a Tommy’s Florida.

While still under their ownership, Tommy’s developed the property for their own use and the boat dealership relocated from a former site in Clermont. Tommy’s now employs a staff of 20 at the new location which provides for growth and a few more jobs are projected within the next year. A grand opening was recently held at the newly built facility. 

NAI Realvest Principals Matt Cichocki and Kevin O’Connor negotiated the sale / leaseback on behalf of the seller and Geoffrey Faulkner of NNNet Advisors represented the buyer in the transaction.

Tommy’s focuses on sales and rentals of new and pre-owned boats primarily for water sports and currently has four other locations in Michigan and Colorado. 
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About NAI Realvest 
NAI Realvest in Orlando, 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. 

Space at Orlando-Sanford Airport Commerce Park in Tight Supply as Tenants Stay, Expand and Boost Local Economy

Orlando / Sanford, Fla. --- The Commerce Park at Orlando-Sanford International Airport has a tight supply as strong demand for industrial space there is seen by NAI Realvest who handles leasing at the airport and recently closed on multi year leases for over 55,000 square feet.

Paul P. Partyka, CCIM, MICP, partner at one of the region’s most active commercial property brokers negotiated lease agreements on behalf of the Sanford Airport Authority with tenants who believe their own growth is due in large part to growth at the airport and its convenient location.   
National brand Toro AG, providing agriculture supplies and equipment renewed their lease of 42,600 square feet of warehouse and manufacturing space;  Skimmer Skiffs boat manufacturer renewed a 6,116 square foot facility while waiting for a larger building to become available at the airport;  Enterprise Leasing Company of Orlando, LLC renewed its lease of 2,440 square feet due to its strong business growth and Florida Clay Art, an artisan tenant for decades, renewed its lease of 4,020 square feet.

“The growth and diversity of the businesses at the Orlando Sanford Airport, and low vacancy at this industrial hot spot is welcome news for the local economy,” says Partyka.
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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’s Veronica Malolos Earns Prestigious CCIM Designation

KISSIMMEE / ORLANDO -- Veronica Malolos, Osceola County broker at NAI Realvest, has been awarded the Certified Commercial Investment Member (CCIM) designation from the CCIM Institute recognizing her as an expert in the disciplines of commercial and investment real estate.     
Malolos completed all of the requirements including the Institute’s comprehensive studies and testing, and demonstrated a vast portfolio of experience.  CCIMs must be proficient in the areas of investment analysis, market analysis, user decision analysis and financial analysis for commercial real estate. 
Patrick Mahoney, President and CEO of NAI Realvest said in addition to this achievement Malolos is an established leader in Osceola County and serves as Chairwoman of the County’s Planning Board.  She has more than 15 years of experience in commercial real estate focusing on tenant representation, brokerage, investment, development, sales and leasing. 
Among the more than 150,000 commercial real estate professionals in the United States, only an estimated 6 percent hold the CCIM designation.     CCIM members are responsible for an approximate US$400 billion annually of real estate transactions globally. CCIM Institute is a commercial affiliate of the National Association of Realtors and is headquartered in Chicago.
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About NAI Realvest 
NAI Realvest in Orlando, 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. 

Thursday, October 24, 2019

Hold Thyssen Brokers Long Term Lease for 2nd Gen Retail Pharmacy in St. Cloud

ST. CLOUD --- Hold Thyssen, Inc., a full service commercial property firm based in Winter Park, recently completed a five-year lease agreement to assist in the opening of a 2nd Gen retail pharmacy at 520 13th Street off of U.S. 192 in St. Cloud. 

Hold Thyssen leasing associate Vikash Mahadeo negotiated with the owners of a Mount Dora-based, independently-owned retail pharmacy to expand their business into the new market by opening a second chain location. Keshav Rx, LLC leased the 1,145 square foot space in a two-unit building where the other occupant is a family practice medical office. Keshav Rx anticipates an opening date in the first quarter of 2020.  The landlord is TC Holdings, LLC; a local owner specializing in acquisition of medical office buildings. 

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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Jamerika Ramsey wins 2019 Crossman & Company Endowed Real Estate Scholarship at B-CU

DAYTONA BEACH / ORLANDO --- Jamerika Ramsey, a junior at Bethune-Cookman University in Daytona Beach with a 3.96 GPA is the recipient of the university’s Crossman & Company Endowed Real Estate Scholarship for 2019.

Ramsey, who was raised in the Atlanta area, majors in Political Science and has held the highest academic GPA every year in the BC-U Liberal Arts department.  She plans to go to lawschool, become an attorney, a real estate investor and entrepreneur.

“I am honored to be a recipient of the Crossman & Company Real Estate Scholarship.  Although I have a lot of work ahead of me to get where I want to be in life, I am confident because of what I have accomplished so far at Bethune-Cookman University,” she said.

Crossman & Company, which ranks as one of the largest third-party retail leasing and management firms in the Southeast, established an endowed scholarship for students at Bethune-Cookman University in 2014.
 
In addition, John Crossman, CEO, and his family launched an endowment fund for BC-U in 2004 in memory of his father Reverend Kenneth C. Crossman and donors have contributed over $100,000 throughout the years.

As CEO, Crossman promotes firm’s core values of a strong commitment to community service, industry education initiatives and dedication to diversity through creating scholarships and mentoring.

Crossman & Company now has real estate scholarships at FSU, FAMU, B-CU, and UCF.
“One of the best ways to improve the real estate marketplace is to encourage the participation of the best of the next generation,” Crossman said.
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Rhodes+Brito Co-Founder Honored with AIA’s Nils M. Schweizer Award   

ORLANDO, Fla. --- The Orlando Chapter of American Institute of Architects, one of the most prestigious and influential professional organizations in the US,  honored Maximiano “Max” Brito
co-founder and partner of Rhodes+Brito Architects with the 2019 Nils M. Schweizer Award for his community service.   

“Our firm focuses on designing public places, facilities and learning institutions,” Brito, said.  “Community service has been a big portion of our dedication to giving back to the community.” 

The Nils M. Schweizer award was named after the late prominent Orlando architect and humanitarian.
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Riviera Bella’s New Amenities Getting Ready to Open Featuring $400,000 Splash Park + Fitness Trail and New Entry

 DeBary, Fla. --- The much-anticipated expanded amenities at Riviera Bella are here. The highlight of the amenities unveiled this month (October) is a $400,000 children’s interactive water play area.

The water park where children can play in gentle mists and streaming jets of water was created by Freeport Fountains of Sanford.

The new amenities package also includes an additional landscaped entrance and a fitness trail, according to Jerome Henin, president of the firm developing the award-winning Rivera Bella community spanning 240 acres and overlooking the St. Johns River.

In the original phases of Riviera Bella, M/I Homes and Henin Homes are currently selling and building new single-family homes on the remaining homesites priced from the high $200s, to more than $1 million for homes on the riverfront. Henin says there are less than 50 homesites remaining for new homes on the west side within the original 415-unit Riviera Bella development.

In the newer section of Riviera Bella with 293 homesites, homebuilder D.R. Horton is building new single-family homes priced from the mid-$200s.

Upon completion of the 20-year residential project, the combined 708 homesites at Riviera Bella equates to approximately $300 Million in total sales of homes in a variety of styles by Henin Homes, M/I Homes and D.R. Horton. Buildout is expected in 2023

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Tuesday, October 15, 2019

Hold-Thyssen Closes $3.4 Million Sale of Multi-Tenant Retail Center Facing I-75 in Ocala

OCALA --- Hold-Thyssen, a full service commercial property firm based in Winter Park, brokered the sale of Marion Crossing, a 60,000 square foot multi-tenant retail center built in 1990 at 2101 SW Highway 484 off of I-75 in Ocala.

The property, situated on 19 acres overlooking I-75, was 73 percent occupied at the time of the sale and sold by Security Mutual Life Insurance Company of New York to a California investment entity for $3,400,000.00. Major tenants include Hemispherx, VNA of Florida and Low Vision Aids Inc.

“We were able to bring a group of doctors from California to a successful and seamless closing of the transaction,” said Saxon Evans, Director of Investment Sales at Hold-Thyssen, who negotiated the sale representing the buyers and seller.

Hold-Thyssen based in Winter Park with offices in Clearwater, 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 than 100 commercial properties throughout the United States.

Flagship Companies’ Land Acquisition Set for Retail, Self-Storage - NAI Realvest | Charles Wayne Closes Land Sale for Mixed-use Opportunities in DeLand

DeLand, Fla. -- NAI Realvest | Charles Wayne Commercial closed the sale of 6.44 acres on SR 15A in DeLand.  Lake Mary-based Flagship Companies Group purchased the land for $762,500 to build a mixed-use and self-storage development in the underserved area.
   
"The market is currently underserved when it comes to the supply of flex space that this project will be providing," says Steve Costa principal at NAI Realvest | Charles Wayne who brokered the sale and represented sellers Norman and Victoria Todd of Osprey, Fla. 

The project, strategically located at the northwest corner of the intersection of SpringGarden and S. Adele Avenues in DeLand, will feature “‘Maker’ style spaces to encourage employment opportunities in the SpringGarden area,” Costa said. 

The Maker units will consist of five retail units available for lease to local Artisans in the community.  The units will also have capability for light manufacturing uses with additional storage space and secured outdoor parking, he explained.   

The state-of-the-art facility is to be managed and operated by Extra Space Storage and will also include controlled climate storage units and outdoor parking for RVs and boats. 

Chicago-based Flagship is also building and operating self-storage facilities throughout Florida including Daytona Beach, Port Orange, Sanford, Orlando, Lakeland, Tampa and Sarasota.

The DeLand development will support two full time employees and it is estimated that over 50 people will be necessary to support the mixed-use project at full capacity.


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 $670,000 Purchase of Sanford Building - Orlando Electrical Contractor Buys Building, To Double the Company’s Size to 50

SANFORD — Jason G. Toll, MiCP of NAI Realvest successfully negotiated the $670,000 sale of a 5,200 square foot building at a Sanford industrial park from Performance Telecom Inc. to EchoED, an Orlando electrical contracting firm.

The one-story building, at 611 Central Park Drive, is located between State Road 46 and St. Johns Parkway.

“The move from Orlando into Sanford will afford EchoED the opportunity to expand their service by adding approximately 17 to a current staff of 33 thereby helping them to build their client base,” according to Toll, the company’s Director of its Industrial Services Group.

EchoED, who was represented in the transaction by Josiah Biddle of the Orlando-based McNulty Group, plans to be operating from its new location by the first quarter of 2020, according to Toll.
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About NAI Realvest:
Serving all of central Florida, NAI Realvest 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.

M/I Homes’ Newest Central Florida Community – Dean’s Crossing at Little Econ – is Starting to Take Shape in Orlando

ORLANDO – M/I Homes has begun development of Dean’s Crossing at Little Econ just off Dean Road and Curry Ford Rd. in East Orlando.

Sales for the 51-homesite community are expected to begin during the fourth quarter of this year, according to David Byrnes, M/I Homes’ Area President. Prices will range from the high $200s through the $300s.

Amenities at the single-family community will include a community pond with walking trails, Byrnes said.

Five floor plans with varying living spaces will be offered: The Markham, 1,610; The Amhurst, 2,121; The Norwood II, 2,192; The Bedford, 2,433 and The Halifax, 2,888.
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NAI Realvest Closes on Land Near I-75 / SR 44 Interchange, Hotel Construction to Start by Mid-October

Wildwood, Fla. – NAI Realvest recently closed on the $825,000 sale of 2.7 acres at County Road 229 and State Road 44 just east of the I-75 Interchange in Wildwood.

MPH Hotels, Inc. headed by Michael P. Holtz, a hotel developer / operator based in St. Petersburg, purchased the property to build a 92-room Holiday Inn Express that will break ground in mid-late October.

Kevin O’Connor and Matt Cichocki, principals of NAI Realvest, brokered the transaction on behalf of the buyer and the Winter Park-based seller 2511 Howell LLC whose principal is a local investor / owner of several businesses.

MPH currently has several hotels under development or open and operating throughout the Midwest and Florida. The Wildwood hotel is scheduled to open December 1, 2020.
“The SR 44 corridor between I-75 and The Villages has seen a strong surge of development activity since the expansion of The Villages to the south,” O’Connor said.
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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 MPH Hotels, Inc.
MPH Hotels Develops limited service hotels, typically 75 to 150 rooms in secondary markets to operate for a period of time; then sell the hotel and realize the potential gain for the investors. The company sees a tremendous opportunity for growth as the secondary markets continue to grow throughout the country and the need for quality lodging in these markets expands. Since its inception, MPH Hotels has developed/acquired and/or constructed over 26 hotels in seven states. To learn more, visit www.mphhotels.com

Regal | Christie’s International Real Estate Hires British Realtor Duo

ORLANDO – Two real estate agents with commonalities including their names and birthplaces recently joined the sales staff at Regal | Christie’s International Real Estate.
Realtors Janet Allen and Janice Edwards-Diaz, “The Jans Team,” will work out of all five Regal | Christie’s offices, focusing on the luxury segment of the market, assisting buyers and sellers throughout Central Florida and beyond, according to Joyce Marsh, Regal | Christie’s regional manager.

“With more than 40 years of combined experience in the industry, ‘The Jans’ have extensive market knowledge of luxury properties; both local and international,” Marsh said. The team, formerly with Coldwell Banker, focused primarily in the Reunion area for several years and now will broaden their area to include Celebration.

Originally from Wales, Allen came to the United States on a golf scholarship at Mississippi State University where she graduated with a bachelor’s degree in the management of building construction and land development. A Class A member of the PGA of America, she had a successful career in the golf industry before obtaining her real estate license in 2012. Since then, the Certified International Property Specialist has focused on the global luxury market.

Edwards-Diaz, a native of England, has been a licensed realtor since 1986. The University of Lancaster graduate came to the Orlando area as part of the sales and marketing team for Disney World’s opening of the EPCOT Center, beginning a successful leadership career in hospitality before delving into real estate. A Certified Luxury Home Marketing Specialist and member of the Million Dollar Club, Edwards-Diaz is fluent in Spanish and French, and offers clients a combination of local knowledge and international sales experience.

With five central Florida offices [Orlando, Celebration, Winter Park, Lake Mary and Clermont], Regal | Christie’s hires the industry’s top performing agents to provide buyers and sellers of luxury real estate an unparalleled level of customer service.
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Wednesday, October 2, 2019

Hold-Thyssen Locates New Pasco County Location for Klima Insurance Expansion, Drives Down Employees’ Commute

Carol Kinnard
Trinity, Fla. --- Hold-Thyssen, Inc., a full service commercial property firm based in Winter Park, with offices in Clearwater, recently negotiated a multi-year lease agreement representing a new tenant – Klima Insurance Services, Inc – at Trinity Professional Park.

The lease of Suite 102 with 1,935 square feet at 2160 Duck Slough Blvd. will be the new office of the growing insurance firm when it relocates from Tampa in October.

Carol L. Kinnard, Transaction Specialist in Hold-Thyssen’s Clearwater office, brokered the transaction once she identified the site that will provide ample space for growth and reduce employee commuting times. Martin Trinity Investments, LLC is the landlord.

Hold-Thyssen based in Winter Park with offices in Clearwater, 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 than 100 commercial properties throughout the United States.
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Friday, September 13, 2019

Regal | Christie’s International Real Estate Opens New Lake Mary Gallery – Its Fifth Central Florida Location

LAKE MARY, Fla. – Regal | Christie’s International Real Estate specializing in luxury home sales has opened a fifth Central Florida location in a high-end building at 171 International Parkway Suite 1711 in Heathrow.

The brokerage’s rapid growth and success of their other locations prompted Broker/Owner Chris Christensen to open the additional gallery that will serve the Seminole, Volusia and North Orlando areas. Veteran real estate professional Mel Bernstein is a partner in the new Lake Mary office.

“Regal | Christie’s International Real Estate is revolutionizing the way people buy and sell properties. Our new Property Gallery in Lake Mary was designed to create a relaxed atmosphere where visitors can enjoy a complete gourmet coffee menu while browsing exquisite properties in a casual lounge setting,” said Joyce Marsh, Regional Manager.

The only Central Florida affiliate for the Christie’s International Real Estate worldwide luxury brand has similar galleries on Sand Lake Road in Dr. Phillips, in Celebration, Clermont and Winter Park.

“Our homes are displayed in stunning high definition video in front of thousands of local potential buyers, and international visitors that dine and shop in Dr. Phillips, Winter Park, Celebration, Clermont, and now Lake Mary. This is a truly unique offering for our sellers.”

"Exciting things are happening in the real estate industry and Regal | Christie's International Real Estate is committed to being on the cutting edge of the changes in the marketplace,” Marsh said.

Homebuilder Taylor Morrison Awards Blackton 4th Multi Year, Multi Million Dollar Flooring Contract, Budgets 300 Homes Per Year

ORLANDO / KISSIMMEE -- Blackton, Inc., ranked as one of Central Florida’s largest and most active distributors of materials to homebuilders, has been awarded a contract to provide flooring at Solivita a 55+ community on Village Drive in Kissimmee.

The award represents the 4th one this year Taylor Morrison awarded Blackton to supply flooring for new home construction at single-family home communities in Osceola County.

Michael “Micky” Blackton, chairman and CEO of Blackton Inc., said the family-owned firm will provide flooring for over 300 homes at Solivita within the next year with a value of approximately $3.5 million and they have enough land for this product for at least another 20 years.

Work will begin on the new model homes at Solivita when all permits are received by the end of the year and Blackton is already underway on the flooring for the three other Taylor Morrison communities in Osceola County, including Hickory Grove in St. Cloud, Reedy Reserve and Stepping Stone in Kissimmee.

Blackton, Inc. a family owned business located on Alden Road near downtown Orlando has been supplying the home building industry from Jacksonville to Tampa for over 60 years.