Monday, January 28, 2019

M/I Homes Starts First Model Home at Reserve at Pine Tree in St. Cloud Sales Launching Feb. 7


St. Cloud, Fla. -- M/I Homes has its first model home under construction at Reserve at Pine Tree.  Sales will get underway Feb. 7 at the homebuilder’s new gated community located on Pinetree Rd., a quarter mile south of Canoe Creek Rd. in Saint Cloud
Capistrano II model

David Byrnes, area president in the Orlando region, said M/I will build 105 single-family homes at Reserve at Pine Tree that range from 1,520 square feet of living area to 3,032 square feet.   All homesites are 50-feet wide and some are located on ponds or cul-de-sacs.  Site development is expected to be complete in March.

Byrnes said the model that will be finished, decorated and ready for viewing in March is the homebuilder’s popular Capistrano II.   The 2,092 square foot home is a spacious four-bedroom, two-bath design with a covered lanai and a two-car garage.

Four and five bedroom homes in one and two-story designs on the 50-foot lots are expected to be priced from $250,000 to $340,000, including a 15-year structural warranty. 

Reserve at Pine Tree offers a family friendly community resort-style pool with cabana and a location that’s convenient to major shopping, attractions and employment centers.

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About M/I Homes
M/I Homes, Inc. is one of the nation’s leading builders of single-family homes, having sold over 110,000 homes.  The Company’s homes are marketed and sold primarily under the trade names M/I Homes and Showcase Collection (exclusively by M/I Homes), and also currently are sold under the name Hans Hagen Homes in the Minneapolis/St. Paul, Minnesota market and Pinnacle Homes in the Detroit, Michigan market.  The Company has homebuilding operations in Columbus and Cincinnati, Ohio; Indianapolis, Indiana; Chicago, Illinois; Minneapolis/St. Paul, Minnesota; Detroit, Michigan; Tampa, Sarasota and Orlando, Florida; Austin, Dallas/Fort Worth, Houston and San Antonio, Texas; Charlotte and Raleigh, North Carolina; and the Virginia and Maryland suburbs of Washington, D.C.



NAI Realvest Negotiates Build-to-Suit Lease with Operating Daycare in St. Cloud


  
ST. CLOUD, Fla. -- Veronica Malolos, Osceola Broker at Orlando-based NAI Realvest, recently completed a build-to-suit lease with Kid City, USA, a local operating daycare.  The property is a 9,000 square foot single tenant building on an outparcel of a new Walmart Neighborhood Market located on W. New Nolte Rd. in St. Cloud.  
Veronica Malolos
Malolos brokered the transaction representing Jacksonville-based retail developer Joyce Development Group, LLC.   The daycare, along with Heartland Dental on an adjacent outparcel, will be complete and ready to open at the Nolte Road retail development this summer.
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Kid City USA proposed layout

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 Closes Two Commercial Land Sales within 30 Days Totaling $2.155 Million -- Two New Racetrac Stores Opening This Year

ORLANDO, Fla. – NAI Realvest, based in Orlando, negotiated the sales of two vacant commercial land parcels that will soon be new state-of-the-art Racetrac gas and convenient stores in Apopka and Oviedo. The two separate transactions totaled $2,155,000 and closed within 30 days of each other.

Jason G. Toll, MiCP, Director at NAI Realvest, brokered the $905,000 sale of 1102 Hermit Smith Rd., in Apopka on behalf of the seller, Zellwood Properties, LLC of Altamonte Springs and the buyer Atlanta-based Racetrack Petroleum, Inc. The new Apopka Racetrac is slated to open in the spring at the 2.45-acre site at the interchange of the new SR 429 (Wekiva Parkway) and US 441.

A few weeks later Racetrac Petroleum, Inc. purchased 4.7 acres at 1999 Slavia Rd. at the corner of Red Bug Lake Rd. in Oviedo. Toll, along with NAI Realvest principals Kevin O’Connor and Matt Cichocki, brokered the $1,250,000 deal between RaceTrac and the property owners who were approached with an unsolicited offer that was accepted. The Oviedo Racetrac is scheduled to open in the 4th quarter of this year.
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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.

 NAI Realvest Names Patrick Brazil Sales Associate



ORLANDO, Fla. --- NAI Realvest, one of central Florida’s largest commercial real estate services companies, has named Patrick J. Brazil as Sales Associate specializing in the hospitality industry.
Patrick Brazil
Robin Webb, managing director at NAI Realvest, said Brazil will focus on hotel brokerage, investment and development both in Florida and internationally.  

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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.