NAI Realvest Closes $1 Million Sale of Commercial Land for Wetlands Mitigation and Retail Development

ORLANDO – NAI Realvest recently closed on the sale of 72.52 acres at 12329 Winter Garden Rd. in southwest Orlando’s tourism corridor. Buyer WMG Development of Effingham, IL paid $1,000,000.00 for the property.

Jason G. Toll, MiCP, Director at NAI Realvest negotiated the transaction representing the seller Hojosaki, LLC of Newton, MA.

Toll said the buyer is a nationally recognized retail developer who will use the property for onsite wetlands mitigation to restore, preserve and enhance the acreage while developing the adjacent 12 acres fronting on Winter Garden Vineland Road that also includes environmentally sensitive land a/k/a/wetlands.

Jared Ettinger and John Park of Berkshire Realty, LLC represented the buyer.

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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.

M/I Homes Started Site Development at the Horizon West Community Encore at Ovation New Product Line will be Premiered There

WEST ORLANDO, Fla. -- M/I Homes has site development underway for Phase I of Encore at Ovation, a new single-family home neighborhood that spans 71 acres near the intersection of Avalon Road (545) and Western Way/Flemming Road in Horizon West. 

The 139 homesites will comprise 92 with 50-foot widths for single-family homes ranging from 1,900 to 3,700 square feet, and 47 with 32-foot widths for single-family detached homes ranging from 1,800 to 2,800 square feet.

David Byrnes, area president in the Orlando region, said a new product line with four different floor plans was specially designed for the 32-foot lots Encore at Ovation.  

Top features of the new home designs include rear load garages, spacious owners' suites with luxurious master baths and they are Energy Star^® certified, Byrnes said.   

Sales will begin in October of one and two-story homes with three, four and five bedrooms at prices ranging from the low $300,000s to over $450,000 including a 15-year structural warranty.

Development of all 139 homesites in Phase I will be completed during the fourth quarter of this year, Byrnes added.

Encore at Ovation is located in one of the three fastest growing planned unit developments in the country – Horizon West with town centers surrounded by greenbelt and residential villages.  

Columbus, Ohio based-M/I Homes is currently building throughout 16 markets in the U.S. and has 16 active communities in Central Florida.

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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 Brokers $1.8 Million Maitland Building Sale to American Fundraising Foundation

ORLANDO, Fla. --- NAI Realvest recently closed on the sale of a 10,360 square foot office building at

2603 Maitland Center Parkway building

2603 Maitland Center Parkway in Maitland Center. The American Fundraising Foundation, Inc., providing financial support to non-profits, purchased the property for $1,800,000.00 to relocate from College Park by Sept. 1. Jeff Bloom, CCIM, vice president at NAI Realvest, brokered the sale on behalf of JPS Maitland Holdings, LLC the local landlord of the building that was built in 1983.

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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

Blackton Awarded Multi Million Dollar Contract by Homebuilder Taylor Morrison in Osceola County

ORLANDO -- Blackton, Inc., a leading supplier of materials to the home building industry, was recently awarded a multi-year, multi-million dollar contract to supply flooring for new home construction at three Taylor Morrison communities in Osceola County.

Michael “Micky” Blackton, chairman and CEO of Blackton Inc., said his firm will provide flooring for 478 new homes Taylor Morrison plans to build in three of its newest communities.  The contract is worth some $4 Million. 

Work will begin on model homes when all permits are received by the third quarter of this year, Blackton said. 

The new Taylor Morrison communities include Hickory Grove with 149 homes on Parkfield Road. in St. Cloud; Reedy Reserve with 212 homes on Reedy Glen Drive in Kissimmee and Stepping Stone with 117 homes on Blue Lake Circle 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.