All Constructed and Built out Class A Office Buildings at DIX Development’s Ciara Creek Executive Centre Have Been Sold.

LAKE MARY, Fla. --   DIX Developments, LLC has sold out all constructed and buildout Class A professional office buildings at Ciara Creek Executive Centre within two years of acquisition and transitioning the campus - at 711 Longwood-Lake Mary Road across from the YMCA – into office condominiums.

James Dicks, CEO of the southeastern U.S. investment and development company purchased the 22,500 square foot Class A office development from Stillwater Companies for $1,775,000, with the purpose of adding another 11,700 square feet in four more buildings.
The last two new shell buildings in the $4.5 million development are nearing completion and Dicks said he expects they will be under contract in the next 60-90 days.
The new shell buildings that can be purchased with buyer completing their own buildout or by a turn key build-to-suit arrangement with DIX completing buildout, include one with 2,180 square feet priced at $381,500 and a 2,700 square foot building at $472,500.    John Kurtz of Stirling International Real Estate is heading up sales.
Eight stand-alone buildings ranging from 1,350 to 3,150 square feet of custom finished offices with reception areas, break rooms and copy centers were designed specifically for the needs of small to medium-sized companies, particularly physicians, medical related businesses and service providers, Dicks explained.
“Buyers who are business owners see the significant advantages of owning their own facilities with today’s historically low rates, and investors see the potential of leasing to an investment grade tenant in this exceptional office locale,” he said.
Ciara Creek Executive Centre is one of multiple projects DIX Developments is currently developing throughout Central Florida.  The next one to get underway is University Econ Executive Center an office development the company purchased at the prime signalized intersection of University Blvd. and Econlockhatchee Trail one mile west of SR 417.
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About DIX Developments, LLC
DIX Developments, LLC is a full service real estate company committed to providing quality developments throughout Central Florida. The dedicated team of industry professionals works to create properties that are well positioned, attractive, financially sound, and inclusive of green planning and development,  DIX Developments, LLC provides the highest quality projects by maintaining the strictest attention to detail, and prides itself on being able to manage those details during every phase of the project.