Friday, July 19, 2019

NAI Realvest Brokers Multi-Year Lease Agreement for Busy Environmental Cleanup Firm Expanding to the Airport area in South Orlando

MAITLAND, Fla. – NAI Realvest recently closed on a new long-term lease agreement for a 6,000 square foot warehouse property located at 2153 Rayburn St. off Boggy Creek Road in South Orlando near the international
Paul Partyka
airport.
Paul P. Partyka, CCIM, MiCP managing partner at NAI Realvest, brokered the transaction on behalf of the landlord Scotty’s Oil Company, Inc. of Livingston, MT and the tenant, Sarasota-based US Submergent Technologies, LLC.

Tenant is relocating from University Blvd. in Winter Park to the larger facility which allows for more expansion of its operations. The growing environmental firm specializes in cleaning debris from submerged conditions such as wastewater and power plant sites.
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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 350 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.

Saturday, July 13, 2019

Ormond Beach A1A Plaza Sells for $2.7 Million

Ormond Beach, Fla. -- NAI Realvest | Charles Wayne Commercial closed on the sale of Aliki Plaza, a 29,730 square foot beachside shopping center at 378-404 S. Atlantic Ave. (US Highway A1A) - Ormond Beach’s second largest beachside shopping center, which is home to 18 tenants sold for $2.7 million.

Charles Lichtigman, principal of NAI Realvest/Charles Wayne, and Brad Gifford, who leases the Plaza, negotiated the sale on behalf of the Seller, Sunbelt Holdings Daytona, LLC. Sunbelt is owned by longtime Daytona area investor Hugh Upton. The Buyer, Aliki Plaza of Ormond Beach, LLC, whose principal is Ty Lohman, was represented by Carl Lentz of SVN Alliance.

The plaza, built in 1985, was 90 percent leased at the time of the sale. Daytona Beach Welcome Center, Weichert Hallmark Properties and Coldwell Banker Premier Properties are among the long term tenants.
“Beachside commercial property prices are growing - driven by increased tourism, and major new hotels coming into the market, including the Hard Rock and the 27-story Daytona Resort,” said Lichtigman. “We’ve seen investors – both local and from out of the area – with record interest in locations along Daytona’s beachfront.”

NAI Realvest | Charles Wayne was formed as a strategic partnership between NAI Realvest and Charles Wayne Properties in 2017. The brokerage has top experts in every aspect of commercial real estate and a global reach.

Charles Wayne Properties, has been serving the commercial real estate community since 1978. Charles Wayne Properties, Inc. is one of central Florida’s largest real property owners and management firms, with primary offices located in Orlando and Daytona Beach.

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Lincoln Property Company Closes on New Lease to Hubbard Construction Airport Business Center

ORLANDO, Fla. – Lincoln Property Company, a full service commercial real estate firm recently closed on a long-term lease to Winter Park-based Hubbard Construction Company in the Airport Business Center at 5730 S. Semoran Blvd.
Sean DuPree, broker at Lincoln Property Company who handles leasing at Airport Business Center, negotiated the new lease for 3,248 square feet on behalf of Landlord RCS-Orlando Airport 371, LLC. .
The six-building office / flex business park at the intersection of Hoffner Ave. is five minutes from 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.

Wednesday, July 3, 2019

M/I Homes Now Selling Townhomes at the Towns at White Cedar Near the SunRail Station and Historic Downtown Sanford

 A decorated model at the gated community is available for tours  

SANFORD, FL – M/I Homes has started selling three- and four-bedroom townhomes at its new community, “The Towns at White Cedar,” on White Cedar Road just north of State Road 46,   A decorated model at the gated community has been finished and is available for touring.
Towns at White Cedar

The 155 residences at White Cedar will feature floor plans ranging from 1,379 to nearly 1,900 of square feet of living space, according to M/I Homes’ Area President David Byrnes.

“Living in this beautiful, gated community, residents will have security, privacy and convenient commutes both to downtown Orlando as well as the Daytona Beach area,” he said. “And buyers won’t have to sacrifice quality or value for that convenience,” he added. 

The community’s swimming pool and cabana are nearing completion.

Situated on 19 acres, White Cedar is just one mile west of the SunRail Station, and is convenient to the Sanford International Airport, numerous restaurant and entertainment locales, historic downtown Sanford and Seminole Town Center.

Byrnes said its location should be a plus for commuters driving along State Road 46, Interstate 4 and the Greenway Expressway.

Prices at the Towns of White Cedar will range from $230,000 to $300,000.

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About M/I Homes
With 16 active communities in Central Florida, M/I Homes, Inc. is one of the nation’s leading builders of single-family homes, having delivered more than 81,500 homes. The Company’s homes are marketed and sold under the trade names M/I Homes, Showcase Homes, TriStone Homes and Triumph Homes. The Company has homebuilding operations in Columbus and Cincinnati, Ohio; Chicago, Illinois; Indianapolis, Indiana; Tampa and Orlando, Florida; Austin, Houston and San Antonio, Texas; Charlotte and Raleigh, North Carolina; and the Virginia and Maryland suburbs of Washington, D.C.