NAI Realvest Negotiates Long Term Lease with Florida Fish & Wildlife for 4,642 square feet at Semoran CommerCenter

ORLANDO – NAI Realvest recently negotiated a new five-year lease agreement for 4,642 square feet of flex space at 6830 Shadowridge Drive in the Semoran CommerCenter in southeast Orlando.

Robert Blackwell SIOR, principal at the firm, brokered the transaction representing the landlord, Semoran Commerce Center LLC based in Timonium, Md. The Florida Fish and Wildlife Commission of Orlando is the new tenant.

Semoran CommerCenter is being developed by Semoran CommerCenter LLC a joint venture between Bavar Properties Group and Realvest Development with 190,000 square feet of flex-warehouse space on an 18-acre site off SR 436 near Orlando International Airport.
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For more information contact:
Robert Blackwell, SIOR, NAI Realvest 407-875-9989; or rblackwell@realvest.com; Patrick Mahoney, President, NAI Realvest 407-875-9989 pmahoney@realvest.com

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 325 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 negotiates Long-term Industrial lease for 6,400 square feet at Poinciana CommerCenter West in Kissimmee

ORLANDO – NAI Realvest recently negotiated a new five-year lease agreement for 6,400 square feet of industrial space at 1754 Business Center Lane at Poinciana CommerCenter West in Kissimmee.

Michael Heidrich, vice president and principal at NAI Realvest, negotiated the transaction representing the landlord, Maitland-based Realvest-Poinciana LLC.

The new tenant is Plastronic Enclosures, Inc. a manufacturer headquartered in Piscataway, N.J., and who was represented in the transaction by Dean Fritchen of Coldwell Banker Commercial NRT.

Plastronic is the largest lease closed at Poinciana CommerCenter West since the facility was completed in 2008.

For more information contact: Michael Heidrich, VP and Principal, NAI Realvest, 407-875-9989 mheidrich@realvest.com; Patrick Mahoney, President, NAI Realvest 407-875-9989 pmahoney@realvest.com

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 325 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 Negotiates New Lease of 2,206 Square Feet of Industrial space for Pool Service Company in Goldenrod CommerCenter

NAI Realvest Negotiates New Lease of 2,206 Square Feet of Industrial space for Pool Service Company in Goldenrod CommerCenter

ORLANDO, Fla. – NAI Realvest recently negotiated a new lease agreement for 2,206 square feet of industrial space in the Goldenrod CommerCenter located at 1468 N. Goldenrod Rd. in East Orlando.

Michael Heidrich, principal at NAI Realvest brokered the transaction on behalf of the landlord, Maitland-based COP-Goldenrod, LLC and the new tenant, Ocean Blue Chemicals, LLC of Orlando.

For more information, please contact:
Michael Heidrich, Principal, NAI Realvest 407-875-9989 or mheidrich@realvest.com
Patrick Mahoney, President, NAI Realvest 407-875-9989 pmahoney@realvest.com
Beth Payan, Larry Vershel Communications 407-644-4142 lvershelco@aol.com

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 325 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.

Small Bay Partners, LLC, Succeeding Despite Economy Downturn

Small Bay Partners, LLC, Succeeding Despite Economy Downturn

ORLANDO, Fla. - Small Bay Partners, LLC, the Orlando-based company that specializes in developing small bay industrial facilities for business users of 2,000 to 20,000 square feet of space, has continued to grow despite a sagging economy.

Howard Schieferdecker, one of the founders and principals of Small Bay Partners, LLC, said good planning is the reason.

“Our master strategy has always been to limit debt on our properties,” Schieferdecker said.

“When we saw the problems coming in late 2007 and early 2008, we did everything we could to reduce debt as much as possible, so most of the property that we have now is owned free and clear,” he said.

Small Bay currently owns a 16-acre Apopka parcel that is slated for future development, Monroe CommerCenter IV in Sanford, with 73,650 square feet of warehouse condominium space; and Poinciana CommerCenter, which is under development now with 120,000 square feet.

“The key to surviving downturns is to avoid excessive debt on development projects,” Geof Longstaff, another principal of Small Bay Partners, explained.

Small Bay Partners is also well capitalized.

“We have quite a bit of cash in the bank to hold us. If there is a problem that comes up, we have plenty of funds to take care of it until the market turns,” he said.

For more information contact
Howard Schieferdecker, Principal Small Bay Partners, LLC 407-702-3131, haschief@aol.com;
Geof Longstaff, Principal Small Bay Partners, LLC - 407-786-5040; glongstaff@mercantilecc.com;
George Livingston, Principal, Small Bay Partners LLC - 407-857-9989 glivingston@realvest.com;
Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142

Small Bay Partners to Start Construction of First Phase of Industrial Facility in Southeast Orlando

Small Bay Partners to Start Construction of First Phase of Industrial Facility in Southeast Orlando

ORLANDO, Fla. – Small Bay Partners, LLC, which ranks as one of the region’s most active developers of industrial facilities for small bay users, plans to start construction on the first phase of a new CommerCenter project at 7629 Narcoossee Road (just North of the Beachline Expressway) in southeast Orlando before the end of the year.

Howard Schieferdecker, one of the principals in the firm, said Small Bay is taking a fresh approach with its new project.

Along with industrial space, the firm plans to develop 14,000 square feet of retail space and 106,000 square feet of industrial condominiums in the 120,000 square foot CommerCenter facility.

The first phase will include 57,000 square feet, Schieferdecker said, including all of the planned retail space.

Small Bay Partners has developed more than 500,000 square feet of industrial space in four Central Florida locations in Sanford, Winter Garden, South and East Orlando.

Small Bay reports it has sold some 33,150 square feet of space – 45 percent of the condo space available – in the fourth phase at Monroe CommerCenter in Sanford.

Schieferdecker said 40,500 square feet of space remains for sale at Monroe CommerCenter IV with the total project being 73,650 square feet of small bay industrial space.

For more information contact:
Howard Schieferdecker, Principal Small Bay Partners, LLC 407-702-3131, haschief@aol.com;
Geof Longstaff, Principal Small Bay Partners, LLC - 407-786-5040; glongstaff@mercantilecc.com;
George Livingston, Principal, Small Bay Partners LLC - 407-857-9989 glivingston@realvest.com;
Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142