Wednesday, April 24, 2019

NAI Realvest Closes on New Lease of Office Space in SoDo  For NJ-based Construction Management Firm


ORLANDONAI Realvest recently negotiated a new multi-year lease for a 3,985 square foot suite at 1401 Sligh Blvd.   A New Jersey-based firm will occupy one of the few remaining non-medical office spaces on the Orlando Health campus in SoDo off Orange Avenue south of downtown Orlando.
Jason Toll
Jason G. Toll, Director of the Industrial Services Group at NAI Realvest negotiated the transaction representing the landlord Houston-based 1401 Sligh LLC. 

Vericon Construction a full service construction management and general contracting firm with 10 employees at this Orlando location has additional operations in Atlanta, Fort Lauderdale and Charlotte. The tenant was represented by Charles Harmon of Turnkey Real Estate Service.   
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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.


-- Henin Launching Phases 3 and 4 of Springview Sooner than Planned


Phases 1 and 2 of the DeBary Development is nearly Sold Out  

DeBary, Fla. ---   Henin Group’s Springview Woods, which opened in 2018, will launch Phases 3 and 4 with another 97 homesites at the 64-acre community of single-family homes by D.R. Horton.    Nine new homes were just sold in March. 
Phases 1 and 2 at Springview Woods are nearly sold out less than a year after the homebuilder opened its model home at 400 Tallow Wood Circle at the community off U.S. 17-92, down the street from West Volusia SunRail Station.
New one and two-story single-family homes in six distinct designs with three to five bedroom floor plans are priced starting from the mid $200s.   D.R. Horton is the preferred builder at the community with ongoing successful sales from their model home.
“We’re pretty sure the remaining homes in Phases 1 and 2 will go pretty fast, so we have launched final phases 3 and 4 sooner than expected.  Infrastructure and site development is already underway there with completion anticipated in October,” said Jerome Henin,  president of Henin Group.
“Sales are going extremely well at this development as more and more homebuyers who commute are open to public transportation and living near the SunRail,” he explained.    
There will be 195 homes in all four phases of Springview Woods. Buildout is projected to be in 2022.   The Junction, a new town center that will be getting underway nearby on 17-92 is also slated for completion by 2022.
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About the Developer
Jerome Henin, a native of France, is the founder and owner of several companies involved in real estate development and sales, with more than 30 years of experience in property development in Europe, Florida, and Virginia.  His largest central Florida development, Riviera Bella located on the St. John’s River in DeBary midway between Orlando and Daytona Beach, has received numerous awards. Riviera Bella is divided into villages with production homes starting in the mid-$200s and custom homes that are priced up to as much as $2 million.




Blackton Awarded $3 Million Contract to Supply Ashton Woods’ Newest Townhome Community in Polk County

ORLANDO  --- Blackton, Inc., a leading supplier for the homebuilding industry, was recently awarded a contract worth more than $3 million to provide flooring materials for Enclaves at Festival Towns coming soon near the Osceola-Polk county line.  

Micky Blackton, chief executive officer, said his firm will supply flooring materials for 389 townhomes to be built in four phases by Atlanta-based Ashton Woods Homes.    Construction will begin in October, he said.

At build out, the new natural gas community will consist of 12 buildings located off of Interstate 4 on Meadows Blvd. and Ronald Reagan Parkway in the growing suburban area just south of Disney.

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.
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Friday, April 5, 2019

Lincoln Property Company Completes Six Multi-Year Leases with Local and National Firms at Airport Business Center



ORLANDO, Fla.Lincoln Property Company Southeast, a full service commercial real estate firm based in Orlando, recently completed six multi-year lease agreements at Airport Business Center totaling 19,147 square feet of office space.
Airport Business Center
Sean DuPree, Broker at Lincoln Property who handles leasing at Airport Business Center, negotiated the transactions on behalf of the Landlord RCS-Orlando Airport 371 LLC of Louisville, CO.
A new lease for 5,031 square feet at 5752 S. Semoran Blvd. was signed by Synect, LLC d/b/a Synect Media.  Tonya Dolan of Keller Williams Advantage III Realty at Lake Nona represented the tenant who creates custom content video walls for OIA and airports across the U.S.
Milwaukee-based Johnson Controls Fire Protection, LP signed a new lease for 3,538 square feet at 5878 S. Semoran Blvd.    The tenant, who specializes in enhancing fire and security systems with multi-layered emergency communications, was represented by Tad McDonough of CBRE.  
Eden Site Development, Inc., who signed a new lease for 1,757 square feet at 5800B S. Semoran Blvd., provides site clearing, utility services, curbing, paving and signage for the construction industry.  Eden was represented in the transaction by David Mander of Results Real Estate Partners. 
DuPree brokered a new lease for 3,423 square feet with current tenant MSE Group who already occupies 10,158 square feet at 5854 S. Semoran Blvd.  MSE extended the term of their existing lease and expanded into the adjoining suite 5866.  The tenant, with offices in seven states, is a multi-disciplinary environmental engineering and construction firm.
UEP, Inc. leased 2,376 square feet.  The professional photography and video production company relocated from Winter Park to the more prominent location at 5852 S. Semoran.
House of Management Enterprises for Community Associations, Inc. renewed its lease of 3,022 square feet at 5756 S. Semoran Blvd.  Michael Danforth and Alberto Leon of CRESA represented the tenant who provides HOA and condominium management throughout metro Orlando
The six-building 200,000+ square foot Airport Business Center is located at 5730-5892 S. Semoran Blvd. at the intersection of Hoffner Ave. (CR15) north of Orlando International Airport.
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