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.