MAITLAND - NAI Realvest, which ranks as one of Central Florida’s largest commercial property companies, has formed a Commercial Property Investment Services Group to serve investors and property owners throughout the Central Florida region.
George Livingston, chairman of NAI Realvest, said the NAI Realvest Investment Services Group will cover all property types from retail and office to hospitality, industrial and multi-family apartments.
Livingston and NAI Realvest principal Christie Alexander specialize in industrial properties, Livingston said.
Mez R. Birdie, CCIM, CPM, SCSM, director of retail and investment services at NAI Realvest, will head the Investment Services Group’s retail division, Livingston said.
Thomas E. Hankins, CCIM, SIOR, will head the Investment Services Group’s office division.
Paul Vera, AIA, a development and investment analyst at NAI Realvest, will head the Investment Services Group’s apartment division.
Livingston explained that the market for commercial investment properties is growing as a result of the real estate downturn.
“Property values have declined and some property owners have already put distressed commercial properties on the market,” Livingston said. “Those dynamics are bringing investors back into the market in bigger numbers,” he said.
For more information, contact: George Livingston, Chairman Emeritus, NAI Realvest 407-875-9989 glivingston@realvest.com
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 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.
Showing posts with label services. Show all posts
Showing posts with label services. Show all posts
Tuesday, March 23, 2010
Monday, March 22, 2010
NAI Global forms U.S. Investment Services Group led by NAI Realvest in Maitland
MAITLAND – NAI Global has formed an Investment Services Group to provide expert investment property service to institutional and private commercial real estate sellers and buyers. Twelve senior investment brokers have been designated as Directors. The Directors will have regional and property type responsibilities.
George Livingston, chairman emeritus of NAI Realvest in Maitland and one of the Directors, said NAI Global Investment Services Group offers investors tremendous expertise and reach in marketing and acquisitions of office, industrial, retail, hospitality and multi-family properties.
“This founders group will be expanded on a select basis to ensure coverage of every major market in the country.
“We will have the whole country covered with local, highly knowledgeable experts,” Livingston said. We will be backed by the national and international depth of the NAI Global net system.
NAI Global is the world’s largest commercial property network with offices in 47 states in the U.S. and in 55 countries.
For more information, contact: George Livingston, Chairman Emeritus, NAI Realvest 407-875-9989 glivingston@realvest.com
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 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.
George Livingston, chairman emeritus of NAI Realvest in Maitland and one of the Directors, said NAI Global Investment Services Group offers investors tremendous expertise and reach in marketing and acquisitions of office, industrial, retail, hospitality and multi-family properties.
“This founders group will be expanded on a select basis to ensure coverage of every major market in the country.
“We will have the whole country covered with local, highly knowledgeable experts,” Livingston said. We will be backed by the national and international depth of the NAI Global net system.
NAI Global is the world’s largest commercial property network with offices in 47 states in the U.S. and in 55 countries.
For more information, contact: George Livingston, Chairman Emeritus, NAI Realvest 407-875-9989 glivingston@realvest.com
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 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.
Thursday, February 4, 2010
Worldwide Auction Realty Services to Auction Historic Daytona Beach Greyhound Bus Station
ORLANDO- Worldwide Auction Realty Services will auction the historic former Greyhound bus station at 150 W. International Speedway Blvd. in Daytona Beach on Thursday, Feb. 25 starting at 5:00 p.m.
The over 10,000 square foot building, constructed in 1947, was designed by architect W.S. Arrasmith in the Streamline Moderne style, a popular offshoot of the art deco style characteristic of Florida architecture from the 1930s through the 1950s.
Lori Chipps, co-managing director and lead auctioneer with Worldwide Auction Realty Services, said the building is suitable for office or retail space and the second floor which includes a spacious outdoor terrace could be modified as a residential component.
The suggested opening bid for the historic building is $295,000. The building was formerly listed for sale at $950,000.
Chipps said the building is currently listed on the National Register of Historic Places and the buyer may qualify for the 20 percent rehabilitation tax credit program for building renovations.
For more information about the auction or to register to bid, telephone 800-327-1048 or visit http://www.wwauctionservices.com/.
* * *
For more information about the auction or to register to bid, telephone 800-327-1048 or visit http://www.wwauctionservices.com/.
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For more information contact:
Lori or Jon Chipps, Managing Directors Worldwide Auction Realty Services 800-327-1048
Wednesday, November 25, 2009
Emerson International Negotiates Office Lease for 15,000 Square Feet at CenterPointe I in Altamonte Springs with Crump Insurance Services of Florida
ALTAMONTE SPRINGS, Fla. --- Emerson International recently negotiated a new long-term lease agreement for 15,000 square feet of Class A office space at CenterPointe I, located at 240 E. Central Parkway in Altamonte Springs.
Kenneth Koch, commercial portfolio manager at Emerson International, negotiated the lease agreement with the new tenant, Crump Insurance Services of Florida, on the landlord’s behalf.
Steve Andrews with Fischer & Company and Matthew Mckeever with Cushman & Wakefield represented the tenant.
Crump Insurance Services of Florida is a property and casualty insurance wholesaler.
For more information contact
Eric J. Emerson, Vice President and General Manager Emerson International, Inc. 407-834-9560; ejemerson@emerson-us.com;
Kenneth Koch, Commercial Portfolio Manager, Emerson International, Inc. 407-834-9560;
Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142
Kenneth Koch, commercial portfolio manager at Emerson International, negotiated the lease agreement with the new tenant, Crump Insurance Services of Florida, on the landlord’s behalf.
Steve Andrews with Fischer & Company and Matthew Mckeever with Cushman & Wakefield represented the tenant.
Crump Insurance Services of Florida is a property and casualty insurance wholesaler.
For more information contact
Eric J. Emerson, Vice President and General Manager Emerson International, Inc. 407-834-9560; ejemerson@emerson-us.com;
Kenneth Koch, Commercial Portfolio Manager, Emerson International, Inc. 407-834-9560;
Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142
Tuesday, November 24, 2009
Kinetic Analysis Corporation Awarded Major Contract from Willis RE to Assess Hurricane Damages
ORLANDO, Fla. --- Kinetic Analysis Corporation (KAC), with offices in east Orlando, was recently awarded a major contract by Willis RE to provide real-time analysis of hurricane threats and damage on property assets in the U.S. and Caribbean.
Willis RE is one of the world's premier global reinsurance brokers with more than $12.2 billion in U.S. insurance premiums.
Chuck Watson, chief operating officer of Kinetic Analysis Corp., said his company’s real-time analysis will help Willis RE measure the financial impact of weather events accurately and immediately.
“KAC seamlessly integrates global data collection, advanced numerical modeling, statistical analysis and GIS technology to focus on a wide range of issues that concern government agencies and private sector investors,” Watson explained.
KAC incorporates a wide range of data resources, including remote sensing from orbital platforms developed by NASA and other agencies, automated weather stations, data from ships and aircraft, and economic and news reports, integrated in real time.
Kinetic Analysis Corporation’s clients include commercial weather services, catastrophic risk underwriters, national and state emergency management agencies, international development financing agencies and commodities traders.
Kinetic Analysis Corporation is a client company of the University of Central Florida Business Incubation Program with offices in the Central Florida Research Park and Silver Springs, Md. KAC is an industry partner with UCF through their work with Dr. Mark Johnson, a renowned professor of statistics.
Contacts:
Chuck Watson, Chief Operating Officer, Kinetic Analysis Corp. 912-398-9753; cwatson@kinanco.com;
Carol Ann Dykes, Site Manager, UCF Business Incubation Program, 407-882-0211, cdykes@mail.ucf.edu
Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142 or LvershelCo@aol.com
About the UCF Incubation Program:
Since its founding in 1999, the UCF Business Incubation Program has helped more than 130 emerging companies (including nearly 80 current clients) create over $500 million in annual revenue and more than 1600 new jobs with an average salary of $59,000. With six facilities across the Greater Orlando community, the Incubation Program is a collaboration in economic development between the University of Central Florida, Orange County, the City of Orlando, Seminole County, the City of Winter Springs, The City of Sanford, Lake County, the City of Leesburg, and the Florida High Tech Corridor Council. For more information, please visit www.incubator.ucf.edu.
Willis RE is one of the world's premier global reinsurance brokers with more than $12.2 billion in U.S. insurance premiums.
Chuck Watson, chief operating officer of Kinetic Analysis Corp., said his company’s real-time analysis will help Willis RE measure the financial impact of weather events accurately and immediately.
“KAC seamlessly integrates global data collection, advanced numerical modeling, statistical analysis and GIS technology to focus on a wide range of issues that concern government agencies and private sector investors,” Watson explained.
KAC incorporates a wide range of data resources, including remote sensing from orbital platforms developed by NASA and other agencies, automated weather stations, data from ships and aircraft, and economic and news reports, integrated in real time.
Kinetic Analysis Corporation’s clients include commercial weather services, catastrophic risk underwriters, national and state emergency management agencies, international development financing agencies and commodities traders.
Kinetic Analysis Corporation is a client company of the University of Central Florida Business Incubation Program with offices in the Central Florida Research Park and Silver Springs, Md. KAC is an industry partner with UCF through their work with Dr. Mark Johnson, a renowned professor of statistics.
Contacts:
Chuck Watson, Chief Operating Officer, Kinetic Analysis Corp. 912-398-9753; cwatson@kinanco.com;
Carol Ann Dykes, Site Manager, UCF Business Incubation Program, 407-882-0211, cdykes@mail.ucf.edu
Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142 or LvershelCo@aol.com
About the UCF Incubation Program:
Since its founding in 1999, the UCF Business Incubation Program has helped more than 130 emerging companies (including nearly 80 current clients) create over $500 million in annual revenue and more than 1600 new jobs with an average salary of $59,000. With six facilities across the Greater Orlando community, the Incubation Program is a collaboration in economic development between the University of Central Florida, Orange County, the City of Orlando, Seminole County, the City of Winter Springs, The City of Sanford, Lake County, the City of Leesburg, and the Florida High Tech Corridor Council. For more information, please visit www.incubator.ucf.edu.
Wednesday, November 18, 2009
Scheduled Auction of the Plaza's entire 10th Floor Cancelled by Legal Counsel in Bankruptcy Proceedings
ORLANDO, Fla., Nov. 18, 2009.... Worldwide Auction Realty Services’ auction of the entire 61,545 square foot 10th Floor of the Plaza on Orange Ave. and Church St. in downtown Orlando scheduled for 5 p.m. Thursday, Nov. 19 has been cancelled.
In a prepared statement, Jon Chipps, managing director for Worldwide Auction Realty Services said his firm was informed by the legal counsel for Plaza LLC, Elizabeth Green, that the United States Bankruptcy Court, Middle District of Florida granted a continuance to parties involved in the Plaza LLC bankruptcy. Green confirmed that the Plaza creditors did not approve the debtor’s reorganization plan and as such, a new hearing date was scheduled for Jan. 18, 2010.
Chipps said Green’s announcement was unforeseen and that the auction had been approved by Plaza LLC managing member, Cameron Kuhn.
Chipps added that the Worldwide Auction Realty Services team had made a considerable investment in facilitating the auction and that he was very disappointed that the parties were unable to reach an agreement.
Chipps also expressed his apologies to any potential auction buyers that had invested their time in preparing to purchase at the auction.
For more information, contact,
Jon or Lori Chipps, Worldwide Auction Realty Services, 800 327-104
Larry Vershel or Beth Payan, Larry Vershel Communications 407 644-4142
In a prepared statement, Jon Chipps, managing director for Worldwide Auction Realty Services said his firm was informed by the legal counsel for Plaza LLC, Elizabeth Green, that the United States Bankruptcy Court, Middle District of Florida granted a continuance to parties involved in the Plaza LLC bankruptcy. Green confirmed that the Plaza creditors did not approve the debtor’s reorganization plan and as such, a new hearing date was scheduled for Jan. 18, 2010.
Chipps said Green’s announcement was unforeseen and that the auction had been approved by Plaza LLC managing member, Cameron Kuhn.
Chipps added that the Worldwide Auction Realty Services team had made a considerable investment in facilitating the auction and that he was very disappointed that the parties were unable to reach an agreement.
Chipps also expressed his apologies to any potential auction buyers that had invested their time in preparing to purchase at the auction.
For more information, contact,
Jon or Lori Chipps, Worldwide Auction Realty Services, 800 327-104
Larry Vershel or Beth Payan, Larry Vershel Communications 407 644-4142
Friday, November 13, 2009
Post Auction Sales at Venetian Bay in New Smyrna Beach now include up to 100 Percent financing on remaining Four Townhomes and Six Condominiums
ORLANDO, Fla. --- Only four luxury town homes and six luxury condominiums remain for sale at Venetian Bay, located off S.R. 44 just west of I-95 in New Smyrna Beach.
Lori Chipps, director of auction services for Worldwide Auction Realty Services based in Orlando and the auctioneer who handled the recent sales event at Venetian Bay, said luxury town homes are priced from $137,500 and luxury condominiums are priced from $148,000.
And that’s not all.
“Venetian Bay is now offering up to 100 percent financing including closing costs on some of the remaining units,” Chipps said.
Worldwide Auction Realty Services sold 22 luxury Venetian Bay town homes and condominiums during the recent auction.
For more information contact:
Jon or Lori Chipps, Worldwide Auction Realty Services, 800-327-1048
Larry Vershel or Beth Payan, Larry Vershel Communications, 407.644.4142
Lori Chipps, director of auction services for Worldwide Auction Realty Services based in Orlando and the auctioneer who handled the recent sales event at Venetian Bay, said luxury town homes are priced from $137,500 and luxury condominiums are priced from $148,000.
And that’s not all.
“Venetian Bay is now offering up to 100 percent financing including closing costs on some of the remaining units,” Chipps said.
Worldwide Auction Realty Services sold 22 luxury Venetian Bay town homes and condominiums during the recent auction.
For more information contact:
Jon or Lori Chipps, Worldwide Auction Realty Services, 800-327-1048
Larry Vershel or Beth Payan, Larry Vershel Communications, 407.644.4142
Friday, November 6, 2009
Worldwide Auction Realty Services to conduct bulk offering of home sites, partially completed luxury homes at Reunion Resort
ORLANDO, Fla. --- Worldwide Auction Realty Services has launched a bank authorized pre-foreclosure highest and best bulk sale of 25 home sites and three partially completed luxury homes at Reunion Resort, located at 7593 Gathering Drive in Reunion, off I-4 at SR 429 six miles from Walt Disney World.
Lori Chipps, auctioneer with Worldwide Auction Realty Services, said the 35 foot home sites in Patriot Landing at Reunion Resort will accommodate homes that range from 1,800 square feet of living space to 3,600 square feet.
New homes at Patriot’s Landing at Reunion Resort previously sold at prices ranging from $449,000 to $649,000, Chipps said.
Most of the available home sites and all three partially completed luxury homes overlook water, parkways and conservation areas, she said.
Reunion features three world-class golf courses designed by Arnold Palmer, Tom Watson and Jack Nicklaus
“We anticipate receiving strong interest from area and national home builders as well as investors from around the world, said Roger Soderstrom, founder and owner of Stirling Sotheby’s International Realty, the firm representing the property.
Parties interested in submitting offers should contact Lori or Jon Chipps, directors of auction services for Worldwide Auction Realty Services. All offers will be submitted to the lender.
“We think the property will sell relatively quickly at a very attractive price,” Chipps said.
For more information about the auction or to register to bid live or online, telephone 800-327-1048 or www.WWAuctionServices.com.
For more information contact:
Jon & Lori Chipps, Worldwide Auction Realty Services, 800-327-1048;
Roger Soderstrom, Founder/Owner Stirling Sotheby’s International Realty, 407-588-1260
Larry Vershel or Beth Payan, Larry Vershel Communications, 407.644.4142
Lori Chipps, auctioneer with Worldwide Auction Realty Services, said the 35 foot home sites in Patriot Landing at Reunion Resort will accommodate homes that range from 1,800 square feet of living space to 3,600 square feet.
New homes at Patriot’s Landing at Reunion Resort previously sold at prices ranging from $449,000 to $649,000, Chipps said.
Most of the available home sites and all three partially completed luxury homes overlook water, parkways and conservation areas, she said.
Reunion features three world-class golf courses designed by Arnold Palmer, Tom Watson and Jack Nicklaus
“We anticipate receiving strong interest from area and national home builders as well as investors from around the world, said Roger Soderstrom, founder and owner of Stirling Sotheby’s International Realty, the firm representing the property.
Parties interested in submitting offers should contact Lori or Jon Chipps, directors of auction services for Worldwide Auction Realty Services. All offers will be submitted to the lender.
“We think the property will sell relatively quickly at a very attractive price,” Chipps said.
For more information about the auction or to register to bid live or online, telephone 800-327-1048 or www.WWAuctionServices.com.
For more information contact:
Jon & Lori Chipps, Worldwide Auction Realty Services, 800-327-1048;
Roger Soderstrom, Founder/Owner Stirling Sotheby’s International Realty, 407-588-1260
Larry Vershel or Beth Payan, Larry Vershel Communications, 407.644.4142
BDG Construction Services Awarded Contract to Complete Interior Construction of Scottrade Offices in Ormond Beach
WINTER SPRINGS, Fla. --- BDG Construction Services, LLC based in Winter Springs, was recently awarded a contract to complete interior construction of the Scottrade offices located on W. Grenada Rd. in Ormond Beach.
Kevin Guffee, a principal at BDG Construction Services, LLC, said the 2,000 square foot tenant buildout will take approximately 30 days to complete at an estimated cost of $18 per square foot.
BDG renovates and builds commercial facilities throughout Florida. Recent clients include The City of Winter Springs, Calvert Manufacturing of Longwood, Wal-mart Stores of Bentonville, Ark. and RP Realty Partners of Beverly Hills, Calif.
BDG Construction is a client company of the University of Central Florida Business Incubation Program located at the Seminole County/Winter Springs Incubator on E. State Road 434 in Winter Springs.
For more information, contact:
Kevin Guffee, Principal, BDG Construction Services, LLC, 407-951-7451, kguffee@bdgcs.com
Esther Vargas-Davis, Site Manager, UCF Incubator-Seminole County, 407-278-4881, evargasd@mail.ucf.edu
Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142
About the UCF Incubation Program:
Since its founding in 1999, the UCF Business Incubation Program has helped more than 130 emerging companies (including nearly 80 current clients) create over $500 million in annual revenue and more than 1600 new jobs with an average salary of $59,000. With six facilities across the Greater Orlando community, the Incubation Program is a collaboration in economic development between the University of Central Florida, Orange County, the City of Orlando, Seminole County, the City of Winter Springs, The City of Sanford, Lake County, the City of Leesburg, and the Florida High Tech Corridor Council. For more information, please visit www.incubator.ucf.edu.
Kevin Guffee, a principal at BDG Construction Services, LLC, said the 2,000 square foot tenant buildout will take approximately 30 days to complete at an estimated cost of $18 per square foot.
BDG renovates and builds commercial facilities throughout Florida. Recent clients include The City of Winter Springs, Calvert Manufacturing of Longwood, Wal-mart Stores of Bentonville, Ark. and RP Realty Partners of Beverly Hills, Calif.
BDG Construction is a client company of the University of Central Florida Business Incubation Program located at the Seminole County/Winter Springs Incubator on E. State Road 434 in Winter Springs.
For more information, contact:
Kevin Guffee, Principal, BDG Construction Services, LLC, 407-951-7451, kguffee@bdgcs.com
Esther Vargas-Davis, Site Manager, UCF Incubator-Seminole County, 407-278-4881, evargasd@mail.ucf.edu
Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142
About the UCF Incubation Program:
Since its founding in 1999, the UCF Business Incubation Program has helped more than 130 emerging companies (including nearly 80 current clients) create over $500 million in annual revenue and more than 1600 new jobs with an average salary of $59,000. With six facilities across the Greater Orlando community, the Incubation Program is a collaboration in economic development between the University of Central Florida, Orange County, the City of Orlando, Seminole County, the City of Winter Springs, The City of Sanford, Lake County, the City of Leesburg, and the Florida High Tech Corridor Council. For more information, please visit www.incubator.ucf.edu.
Tuesday, October 27, 2009
Bankruptcy Auction of 61,545 Square Feet of Office Condominium Suites in The Plaza in Downtown Orlando to be held Nov. 19
ORLANDO, Fla. – Worldwide Auction Realty Services will conduct an absolute auction of 12 office condominium suites that total 61,545 saleable square feet of space on the 10th floor of The Plaza towers on Church St. and Orange Ave. in downtown Orlando on Thursday, Nov. 19 starting at 5 p.m.
Lori Chipps, auctioneer for Worldwide Auction Realty Services, said the auction is already attracting worldwide interest from investors as well as office-users.
Office condominiums to be auctioned range in size from 2,585 square feet to 7,285 square feet including four private balconies, Chipps said, and feature floor-to-ceiling window views of the downtown Orlando skyline.
“The space to be auctioned spans both the north and south towers including the connecting area between the two towers,” Chipps said.
The bankruptcy auction will accept bids on individual office suites, multiple suites or bulk purchase of all 12 suites, she said.
“The 10th floor of The Plaza is the single largest floor plate in the downtown Orlando district,” said Roger Soderstrom, owner and founder of Stirling Sotheby’s International Realty, the firm representing the property.
“The space to be auctioned has never been offered for sale before as individual office suites, so we anticipate substantial interest from investors, end-users as well as industry observers,” said Soderstrom.
Stirling Sotheby’s International Realty Auction Services conducted an auction of 55,000 square feet of office condominium space in the Plaza towers in May of 2008 that brought an average sale price of $162 per saleable square foot.
The Plaza’s two towers total 394,000 square feet of office space, 105,000 square feet of retail/restaurant space, the 12-screen Plaza Cinema and café on the ground floor and 306 residential condominiums in the Solair tower.
Chipps said the auction will be conducted live on site and the bids will be accepted by telephone and on the Internet. For more information about the auction or to register to bid live or online, telephone 800-327-1048 or visit www.WWAuctionServices.com.
For more information, contact:
Lori or Jon Chipps, Worldwide Auction Realty Services, 800 327-1048
Larry Vershel or Beth Payan, Larry Vershel Communications 407 644-4142
Lori Chipps, auctioneer for Worldwide Auction Realty Services, said the auction is already attracting worldwide interest from investors as well as office-users.
Office condominiums to be auctioned range in size from 2,585 square feet to 7,285 square feet including four private balconies, Chipps said, and feature floor-to-ceiling window views of the downtown Orlando skyline.
“The space to be auctioned spans both the north and south towers including the connecting area between the two towers,” Chipps said.
The bankruptcy auction will accept bids on individual office suites, multiple suites or bulk purchase of all 12 suites, she said.
“The 10th floor of The Plaza is the single largest floor plate in the downtown Orlando district,” said Roger Soderstrom, owner and founder of Stirling Sotheby’s International Realty, the firm representing the property.
“The space to be auctioned has never been offered for sale before as individual office suites, so we anticipate substantial interest from investors, end-users as well as industry observers,” said Soderstrom.
Stirling Sotheby’s International Realty Auction Services conducted an auction of 55,000 square feet of office condominium space in the Plaza towers in May of 2008 that brought an average sale price of $162 per saleable square foot.
The Plaza’s two towers total 394,000 square feet of office space, 105,000 square feet of retail/restaurant space, the 12-screen Plaza Cinema and café on the ground floor and 306 residential condominiums in the Solair tower.
Chipps said the auction will be conducted live on site and the bids will be accepted by telephone and on the Internet. For more information about the auction or to register to bid live or online, telephone 800-327-1048 or visit www.WWAuctionServices.com.
For more information, contact:
Lori or Jon Chipps, Worldwide Auction Realty Services, 800 327-1048
Larry Vershel or Beth Payan, Larry Vershel Communications 407 644-4142
Grubb & Ellis|Commercial Florida Appoints Charles Alloway a Vice President in Retail Group
TAMPA, Fla. --- Grubb & EllisCommercial Florida, associated with 130 Grubb & Ellis offices worldwide, has appointed Charles Alloway a vice president in the Retail Services Group at the firm’s Tampa office.
Jeff Sweeney, SIOR, president of Grubb & EllisCommercial Florida, with offices in Tampa, Orlando and Melbourne, said Alloway has more than 20 years of experience in commercial real estate in the Tampa Bay market, including 18 years with the Development Team at McDonald’s Corporation and three years in brokerage closing over 60 million in transactions as acquisition agent for Fifth Third Bank, McDonald’s, Panda Express Restaurants and others.
Most recently, Alloway served as regional director of real estate in the Tampa office of Armstrong Development Properties, Inc. a Pennsylvania based development company known for their work with CVS Pharmacy and Publix Supermarkets.
“Charlie is one of the most experienced commercial real estate executives in the Tampa Bay region and an excellent addition to our Retail Services team,” Sweeney said.
Alloway will partner with Retail Services Group vice president Michelle Seifert, and will focus on both landlord and tenant representation, Sweeney said.
Contacts:
Michelle Seifert, VP Retail Services 813-830-7285
Jeffrey Sweeney, President 407-481-5387
Larry Vershel Communications 407-644-4142
About Grubb & EllisCommercial Florida:
Grubb & EllisCommercial Florida is an affiliated commercial real estate services firm specializing in the leasing and sale of office, industrial, retail, land and investment properties. Currently Grubb & EllisCommercial Florida has 40 brokers divided among its Orlando, Melbourne and Tampa offices to serve the entire mid-Florida marketplace.
About Grubb & Ellis:
Named to The Global Outsourcing 100™ in 2009 by the International Association of Outsourcing Professionals™, Grubb & Ellis Company (NYSE: GBE) is one of the largest and most respected commercial real estate services and investment companies in the world. Our 6,000 professionals in more than 130 company-owned and affiliate offices draw from a unique platform of real estate services, practice groups and investment products to deliver comprehensive, integrated solutions to real estate owners, tenants and investors. The firm’s transaction, management, consulting and investment services are supported by highly regarded proprietary market research and extensive local expertise. Through its investment subsidiaries, the company is a leading sponsor of real estate investment programs that provide individuals and institutions the opportunity to invest in a broad range of real estate investment vehicles, including public non-traded real estate investment trusts (REITs), tenant-in-common (TIC) investments suitable for tax-deferred 1031 exchanges, mutual funds and other real estate investment funds. For more information, visit http://www.grubb-ellis.com/.
Jeff Sweeney, SIOR, president of Grubb & EllisCommercial Florida, with offices in Tampa, Orlando and Melbourne, said Alloway has more than 20 years of experience in commercial real estate in the Tampa Bay market, including 18 years with the Development Team at McDonald’s Corporation and three years in brokerage closing over 60 million in transactions as acquisition agent for Fifth Third Bank, McDonald’s, Panda Express Restaurants and others.
Most recently, Alloway served as regional director of real estate in the Tampa office of Armstrong Development Properties, Inc. a Pennsylvania based development company known for their work with CVS Pharmacy and Publix Supermarkets.
“Charlie is one of the most experienced commercial real estate executives in the Tampa Bay region and an excellent addition to our Retail Services team,” Sweeney said.
Alloway will partner with Retail Services Group vice president Michelle Seifert, and will focus on both landlord and tenant representation, Sweeney said.
Contacts:
Michelle Seifert, VP Retail Services 813-830-7285
Jeffrey Sweeney, President 407-481-5387
Larry Vershel Communications 407-644-4142
About Grubb & EllisCommercial Florida:
Grubb & EllisCommercial Florida is an affiliated commercial real estate services firm specializing in the leasing and sale of office, industrial, retail, land and investment properties. Currently Grubb & EllisCommercial Florida has 40 brokers divided among its Orlando, Melbourne and Tampa offices to serve the entire mid-Florida marketplace.
About Grubb & Ellis:
Named to The Global Outsourcing 100™ in 2009 by the International Association of Outsourcing Professionals™, Grubb & Ellis Company (NYSE: GBE) is one of the largest and most respected commercial real estate services and investment companies in the world. Our 6,000 professionals in more than 130 company-owned and affiliate offices draw from a unique platform of real estate services, practice groups and investment products to deliver comprehensive, integrated solutions to real estate owners, tenants and investors. The firm’s transaction, management, consulting and investment services are supported by highly regarded proprietary market research and extensive local expertise. Through its investment subsidiaries, the company is a leading sponsor of real estate investment programs that provide individuals and institutions the opportunity to invest in a broad range of real estate investment vehicles, including public non-traded real estate investment trusts (REITs), tenant-in-common (TIC) investments suitable for tax-deferred 1031 exchanges, mutual funds and other real estate investment funds. For more information, visit http://www.grubb-ellis.com/.
Tuesday, October 13, 2009
Auction of Luxury Condominiums, Townhomes at Venetian Bay in New Smyrna Beach Shaping up to be a Blockbuster
ORLANDO, Fla. - An auction of 29 luxury condominiums and 13 townhomes at Venetian Bay in New Smyrna Beach on Oct. 24 could be one of the biggest auction events in Central Florida this year.
Lori Chipps, auctioneer for the scheduled event at 10 a.m. Oct. 24, said more than 250 groups and individuals have toured the property in recent weeks and more than 600 potential bidders have taken virtual tours of the luxury condominium property online.
“We have seen substantial interest from potential bidders locally as well as outside of Florida, including the U.K.,” said Chipps of Worldwide Auction Realty Services.
Chipps said interest in the condominiums has produced another surprise---several buyers have selected units they like and have written offers to buy units before the bidding starts.
“The developer has already accepted several offers,” said Roger Soderstrom owner and founder of Stirling Sotheby's International Realty, the company representing the property.
Soderstrom emphasized Venetian Bay’s location---off S.R. 44 in New Smyrna Beach---is a major draw for bidders from Orange, Seminole and Volusia counties.
Luxury amenities, including shops and restaurants at the Town Center, the Beach and Swim Club, a championship golf course, miles of nature trails with parks and playgrounds---have lured potential bidders from the Midwest and northeast, Chipps said.
Tuscany Square Condominiums at Venetian Bay, which offer 78 luxury units, are directly adjacent and easily accessible to the pool, Tiki Bar and restaurants and surrounded by a beautiful lake. The condominiums, which range in size from 1,684 square feet of living space to 2,660 square feet, previously sold from $280,000 to $550.000.
Included in the auction are 13 luxury townhomes at Parkside Townhomes at Venetian Bay.
Chipps said suggested opening bids for condominiums and townhome units at Venetian Bay will start from $115,000.
Ten of the 42 units will be sold absolute.
For more information about the auction or to register to bid live or online, telephone 800-327-1048, visit www.auctionatvenetianbay.com or www.WWAuctionServices.com.
For more information contact:
Jon & Lori Chipps, Worldwide Auction Realty Services, 800-327-1048
Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142
Lori Chipps, auctioneer for the scheduled event at 10 a.m. Oct. 24, said more than 250 groups and individuals have toured the property in recent weeks and more than 600 potential bidders have taken virtual tours of the luxury condominium property online.
“We have seen substantial interest from potential bidders locally as well as outside of Florida, including the U.K.,” said Chipps of Worldwide Auction Realty Services.
Chipps said interest in the condominiums has produced another surprise---several buyers have selected units they like and have written offers to buy units before the bidding starts.
“The developer has already accepted several offers,” said Roger Soderstrom owner and founder of Stirling Sotheby's International Realty, the company representing the property.
Soderstrom emphasized Venetian Bay’s location---off S.R. 44 in New Smyrna Beach---is a major draw for bidders from Orange, Seminole and Volusia counties.
Luxury amenities, including shops and restaurants at the Town Center, the Beach and Swim Club, a championship golf course, miles of nature trails with parks and playgrounds---have lured potential bidders from the Midwest and northeast, Chipps said.
Tuscany Square Condominiums at Venetian Bay, which offer 78 luxury units, are directly adjacent and easily accessible to the pool, Tiki Bar and restaurants and surrounded by a beautiful lake. The condominiums, which range in size from 1,684 square feet of living space to 2,660 square feet, previously sold from $280,000 to $550.000.
Included in the auction are 13 luxury townhomes at Parkside Townhomes at Venetian Bay.
Chipps said suggested opening bids for condominiums and townhome units at Venetian Bay will start from $115,000.
Ten of the 42 units will be sold absolute.
For more information about the auction or to register to bid live or online, telephone 800-327-1048, visit www.auctionatvenetianbay.com or www.WWAuctionServices.com.
For more information contact:
Jon & Lori Chipps, Worldwide Auction Realty Services, 800-327-1048
Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142
Tuesday, September 29, 2009
NAI Realvest negotiates lease agreement for 22,500 square feet at Monroe CommerCenter South in Sanford
ORLANDO, Fla. -- NAI Realvest recently negotiated the renewal agreement for 22,500 square feet of industrial space at Monroe CommerCenter South in Sanford.
Michael Heidrich, a principal in the firm, brokered the transaction on behalf of the landlord, COP-Monroe, LLC of Maitland and the tenant, Builders Services Group, Inc.
The Sanford-based tenant renewed its current lease at 4140 Flex Court at the center.
For more information, contact:
Michael Heidrich, Principal, NAI Realvest 407-875-9989 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 through NAI Global, an international commercial real estate network with over 325 offices spanning the globe. Since 1978, clients have built their 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.
Michael Heidrich, a principal in the firm, brokered the transaction on behalf of the landlord, COP-Monroe, LLC of Maitland and the tenant, Builders Services Group, Inc.
The Sanford-based tenant renewed its current lease at 4140 Flex Court at the center.
For more information, contact:
Michael Heidrich, Principal, NAI Realvest 407-875-9989 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 through NAI Global, an international commercial real estate network with over 325 offices spanning the globe. Since 1978, clients have built their 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.
Tuesday, September 15, 2009
Emerson International Negotiates Four Office Lease Agreements That Total Over 4,000 Square Feet
ALTAMONTE SPRINGS, Fla. - Emerson International recently negotiated four lease agreements that total more than 4,000 square feet of office space in Altamonte Springs and Orlando.
Sean Westcott, director of leasing for Emerson International, negotiated three of the lease agreements representing the landlord. Mills Mehr and Associates leased 881 square feet of office space and United Family Services of Central Florida leased 1,600 square feet at Altamonte Lakeside Park on Crane’s Roost Blvd. Westcott also negotiated an agreement with Great Equity Homes, LLC, to lease 845 square feet of office space at Center Pointe Office Park on CenterPointe Circle in Altamonte Springs.
Kenneth Koch, Commercial Portfolio Manager for Emerson International, negotiated a lease agreement with FCA Solutions, LLC for 974 square feet of office space at Major Center Plaza on Major Blvd. in southwest Orlando.
For more information contact
Eric J. Emerson, Vice President and General Manager Emerson International, Inc. 407-834-9560; ejemerson@emerson-us.com
Sean Westcott, director of leasing, Emerson International, Inc. 407-834-9560
Kenneth Koch, Commercial Portfolio Manager, Emerson International, Inc. 407-834-9560
Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142
Sean Westcott, director of leasing for Emerson International, negotiated three of the lease agreements representing the landlord. Mills Mehr and Associates leased 881 square feet of office space and United Family Services of Central Florida leased 1,600 square feet at Altamonte Lakeside Park on Crane’s Roost Blvd. Westcott also negotiated an agreement with Great Equity Homes, LLC, to lease 845 square feet of office space at Center Pointe Office Park on CenterPointe Circle in Altamonte Springs.
Kenneth Koch, Commercial Portfolio Manager for Emerson International, negotiated a lease agreement with FCA Solutions, LLC for 974 square feet of office space at Major Center Plaza on Major Blvd. in southwest Orlando.
For more information contact
Eric J. Emerson, Vice President and General Manager Emerson International, Inc. 407-834-9560; ejemerson@emerson-us.com
Sean Westcott, director of leasing, Emerson International, Inc. 407-834-9560
Kenneth Koch, Commercial Portfolio Manager, Emerson International, Inc. 407-834-9560
Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142
Friday, August 14, 2009
Overseas Bidders Play Big Role in Central Florida Real Estate Auctions
Overseas Bidders Play Big Role in Central Florida Real Estate Auctions
ORLANDO, Fla. - Overseas bidders---including residents of Dubai, Sweden, the U.K. and Puerto Rico---played a big role in two recent Central Florida real estate auctions.
Worldwide Auction Realty Services auctioned off all 27 luxury condominiums at Artisan Park in Celebration for more than $6 million.
The week before, Worldwide Auction Realty Services auctioned off all 10 available homes at JB Ranch, an active adult community in Ocala.
More than 200 bidders were present at the Artisan Park auction alone. Nearly 25 bidders from other countries and the U.S. participated via the Internet and long-distance telephone. The first online sale of the day went to a buyer from Sweden.
Substantially devalued real estate assets in the U.S. are attracting buyers worldwide, said Lori Chipps, auctioneer with Worldwide Auction Realty Services.
“For affluent residents of other countries, American real estate represents one of the strongest investments available worldwide,” Chipps said. “For American buyers, Florida’s historic position as the nation’s vacation and retirement mecca are a huge draw,” she said.
“Foreign exchange rates are favorable, interest rates are still low and for many people, Florida real estate is a premium buy,” Chipps explained.
Both the Artisan Park Condominiums and JB Ranch were represented by Stirling Sotheby’s International Realty in Orlando.
For more information please contact:
Jon or Lori Chipps, World Wide Auction Realty Services 800.327.1048;
Larry Vershel or Beth Payan, Larry Vershel Communications, 407.644.4142
ORLANDO, Fla. - Overseas bidders---including residents of Dubai, Sweden, the U.K. and Puerto Rico---played a big role in two recent Central Florida real estate auctions.
Worldwide Auction Realty Services auctioned off all 27 luxury condominiums at Artisan Park in Celebration for more than $6 million.
The week before, Worldwide Auction Realty Services auctioned off all 10 available homes at JB Ranch, an active adult community in Ocala.
More than 200 bidders were present at the Artisan Park auction alone. Nearly 25 bidders from other countries and the U.S. participated via the Internet and long-distance telephone. The first online sale of the day went to a buyer from Sweden.
Substantially devalued real estate assets in the U.S. are attracting buyers worldwide, said Lori Chipps, auctioneer with Worldwide Auction Realty Services.
“For affluent residents of other countries, American real estate represents one of the strongest investments available worldwide,” Chipps said. “For American buyers, Florida’s historic position as the nation’s vacation and retirement mecca are a huge draw,” she said.
“Foreign exchange rates are favorable, interest rates are still low and for many people, Florida real estate is a premium buy,” Chipps explained.
Both the Artisan Park Condominiums and JB Ranch were represented by Stirling Sotheby’s International Realty in Orlando.
For more information please contact:
Jon or Lori Chipps, World Wide Auction Realty Services 800.327.1048;
Larry Vershel or Beth Payan, Larry Vershel Communications, 407.644.4142
Avalon Park wins Three Top Awards at Orange County Neighborhood Services Community Conference
Avalon Park wins Three Top Awards at Orange County Neighborhood Services Community Conference
ORLANDO, Fla. - Avalon Park in east Orlando won three top awards during the recent Orange County Neighborhood Services Community Conference.
Stephanie Hodson, marketing coordinator at Avalon Park Group, said developer Beat Kähli, who heads Avalon Park Group, was presented a special award for Excellence in Leadership in 2009.
Avalon Park won two community awards, Hodson said.
Avalon Park was named Orange County’s Clean and Attractive Neighborhood of the Year, and won a second award for Excellence in Safety and Security Initiatives. The awards were accepted by Tracy Durham, Avalon Park Property Owners Association Manager.
For more information contact:
Stephanie Hodson, Marketing Coordinator, Avalon Park Group, 407-658-6565
Beat Kahli, Owner/Founder, Avalon Park Group, 407-658-6565
Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142
ORLANDO, Fla. - Avalon Park in east Orlando won three top awards during the recent Orange County Neighborhood Services Community Conference.
Stephanie Hodson, marketing coordinator at Avalon Park Group, said developer Beat Kähli, who heads Avalon Park Group, was presented a special award for Excellence in Leadership in 2009.
Avalon Park won two community awards, Hodson said.
Avalon Park was named Orange County’s Clean and Attractive Neighborhood of the Year, and won a second award for Excellence in Safety and Security Initiatives. The awards were accepted by Tracy Durham, Avalon Park Property Owners Association Manager.
For more information contact:
Stephanie Hodson, Marketing Coordinator, Avalon Park Group, 407-658-6565
Beat Kahli, Owner/Founder, Avalon Park Group, 407-658-6565
Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142
Personal Financial Advice that’s Critical: Take Charge of Your Own Funds, Learn How to Analyze Investments, says Glen Mather
Personal Financial Advice that’s Critical: Take Charge of Your Own Funds, Learn How to Analyze Investments, says Glen Mather, head of Entrust Administrative Services
ORLANDO, Fla. - Whether you’re 35 or 60, three things are certain in today’s economic climate: things aren’t the way they once were, you can’t trust anyone to manage your savings, and you must learn how to think for yourself.
Those are strong words, and they come from someone who should know: Glen Mather, president of Entrust Administrative Services, LLC, which administers more than 2,000 self-directed retirement accounts valued at more than $200 million.
“The handwriting’s on the wall and it’s a topic on just about every evening news program,” said Mather, whose company won’t offer investment advice, even when asked. “From financial meltdowns to financial scandals to economic downturns, it’s clear that people who want to save for their future, and especially for their retirement, must take charge of their own destiny,” Mather said.
That’s not easy in a world where Wall Street speculators and high-powered fund managers have upended markets, invented bubbles and shaken some of the bluest blue-chip corporations like rag dolls, Mather sympathized.
Mather doesn’t mean to point fingers. “That’s a job for the courts and the regulatory agencies,” Mather said. “Our goal is to educate, motivate and facilitate individuals who are making their own best decisions,” he said.
“Over the past few years we have seen an incredible amount of capital erosion,” Mather explained. “What we used to think of as safe bets have proved no more predictable than a Vegas roulette wheel. Real estate has shed 40 percent of its value, impacting good neighborhoods and benchmark commercial properties as much as the rest. Blue chip corporations, the bastions of the American economy, are filing for bankruptcy protection and standing in line for government bailouts. Some of the most trusted names in financial services are victims to greed and manipulation, threatening the financial security of our nation,” Mather said.
The only antidote is for each of us to mend our ways.
“It is imperative that we take control of our own financial future,” Mather warned. “If we simply hand our savings over to financial managers, don’t get involved, and wait for the returns to roll in, we may end up broke and hungry and---like 50 percent of people over the age of 65 today---working part or full-time through our retirement,” he said.
The antidote is education---lots of it.
“We have to learn the fundamentals of the financial markets. We have to learn how to analyze the news, read between the lines, and understand the difference between market indicators and marketing propaganda,” he said.
For more information, contact:
Glen Mather, President, Entrust Administrative Services, Inc. 407-367-3472; gmather@entrustfl.com
Larry Vershel, Larry Vershel Communications 407-644-4142 lvershelco@aol.com
ORLANDO, Fla. - Whether you’re 35 or 60, three things are certain in today’s economic climate: things aren’t the way they once were, you can’t trust anyone to manage your savings, and you must learn how to think for yourself.
Those are strong words, and they come from someone who should know: Glen Mather, president of Entrust Administrative Services, LLC, which administers more than 2,000 self-directed retirement accounts valued at more than $200 million.
“The handwriting’s on the wall and it’s a topic on just about every evening news program,” said Mather, whose company won’t offer investment advice, even when asked. “From financial meltdowns to financial scandals to economic downturns, it’s clear that people who want to save for their future, and especially for their retirement, must take charge of their own destiny,” Mather said.
That’s not easy in a world where Wall Street speculators and high-powered fund managers have upended markets, invented bubbles and shaken some of the bluest blue-chip corporations like rag dolls, Mather sympathized.
Mather doesn’t mean to point fingers. “That’s a job for the courts and the regulatory agencies,” Mather said. “Our goal is to educate, motivate and facilitate individuals who are making their own best decisions,” he said.
“Over the past few years we have seen an incredible amount of capital erosion,” Mather explained. “What we used to think of as safe bets have proved no more predictable than a Vegas roulette wheel. Real estate has shed 40 percent of its value, impacting good neighborhoods and benchmark commercial properties as much as the rest. Blue chip corporations, the bastions of the American economy, are filing for bankruptcy protection and standing in line for government bailouts. Some of the most trusted names in financial services are victims to greed and manipulation, threatening the financial security of our nation,” Mather said.
The only antidote is for each of us to mend our ways.
“It is imperative that we take control of our own financial future,” Mather warned. “If we simply hand our savings over to financial managers, don’t get involved, and wait for the returns to roll in, we may end up broke and hungry and---like 50 percent of people over the age of 65 today---working part or full-time through our retirement,” he said.
The antidote is education---lots of it.
“We have to learn the fundamentals of the financial markets. We have to learn how to analyze the news, read between the lines, and understand the difference between market indicators and marketing propaganda,” he said.
For more information, contact:
Glen Mather, President, Entrust Administrative Services, Inc. 407-367-3472; gmather@entrustfl.com
Larry Vershel, Larry Vershel Communications 407-644-4142 lvershelco@aol.com
Friday, July 24, 2009
Dynetech Corporation Names Entrust Administrative Services Authorized Retirement Fund Investor Provider
Dynetech Corporation Names Entrust Administrative Services Authorized Retirement Fund Investor Provider
LAKE MARY, Fla. - Dynetech Corporation’s Capital Division has named Entrust Administrative Services as an authorized provider for its retirement account investors.
Dynetech, headquartered on the 15th and 16th floors of downtown Orlando’s Dynetech Building, is a fully integrated sales and marketing firm specializing in strategic positioning of products and services in the marketplace for businesses.
Glen Mather, president of Lake Mary-based Entrust Administrative Services, said his firm will provide administrative services to Dynetech Corporation’s self-directed retirement account holders.
Entrust Administrative Services provides administrative services for more than 2,000 self-directed retirement accounts worth more than $200 million from offices in Lake Mary, Jacksonville and Boca Raton.
For more information, contact:
Glen Mather, President Entrust Administrative Services, Inc. 407-367-3472; gmather@entrustfl.com
Jason DeBono, Director, Business Development Entrust Administrative Services; 407-368-7878; jdebono@entrustfl.com
Larry Vershel, Larry Vershel Communications 407-644-4142 lvershelco@aol.com
LAKE MARY, Fla. - Dynetech Corporation’s Capital Division has named Entrust Administrative Services as an authorized provider for its retirement account investors.
Dynetech, headquartered on the 15th and 16th floors of downtown Orlando’s Dynetech Building, is a fully integrated sales and marketing firm specializing in strategic positioning of products and services in the marketplace for businesses.
Glen Mather, president of Lake Mary-based Entrust Administrative Services, said his firm will provide administrative services to Dynetech Corporation’s self-directed retirement account holders.
Entrust Administrative Services provides administrative services for more than 2,000 self-directed retirement accounts worth more than $200 million from offices in Lake Mary, Jacksonville and Boca Raton.
For more information, contact:
Glen Mather, President Entrust Administrative Services, Inc. 407-367-3472; gmather@entrustfl.com
Jason DeBono, Director, Business Development Entrust Administrative Services; 407-368-7878; jdebono@entrustfl.com
Larry Vershel, Larry Vershel Communications 407-644-4142 lvershelco@aol.com
Tuesday, April 21, 2009
Grubb & Ellis|Commercial Florida Appoints Cheryl Harrington Vice President of Retail Services in Melbourne
Grubb & EllisCommercial Florida Appoints Cheryl Harrington Vice President of Retail Services in Melbourne
MELBOURNE, Fla. - Grubb & EllisCommercial Florida, which is associated with 130 Grubb & Ellis offices worldwide, has appointed Cheryl Harrington vice president of Retail Services in Melbourne.
Jeffrey Sweeney, SIOR, president of Grubb & EllisCommercial Florida, said Harrington has more than thirteen years of experience in real estate including seven years in Florida as a commercial real estate broker with another five years in Illinois.
Harrington dealt with all aspects of the leasing, management and/or development of seventeen commercial properties including office and retail properties totaling more than 500,000 square feet, managing in excess of 120 tenants.
“Cheryl’s great people skills enable her to open and close deals in our arena. We think she’ll add an amazing energy to Grubb & Ellis,” Sweeney said.
Prior to joining Grubb & EllisCommercial Florida Harrington was a commercial leasing and sales manager for The Coy A. Clark Company in West Melbourne.
For more information, contact:
Jeff Sweeney, President Grubb & EllisCommercial Florida, 407-481-5378, jsweeney@commercialfl.com
Cheryl Harrington, VP of Retail Services, Grubb & EllisCommercial Florida, 304 S. Harbor City Blvd. Ste. 101, Melbourne, FL 32901, 321-984-1957
Larry Vershel, Larry Vershel Communications, 407-644-4142, lvershelco@aol.com
Grubb & EllisCommercial Florida:
Grubb & EllisCommercial Florida is an affiliated commercial real estate services firm specializing in the leasing and sale of office, industrial, retail, land and investment properties. Currently Grubb & EllisCommercial Florida has 40 brokers divided among its Melbourne, Orlando and Tampa offices to serve the entire mid-Florida marketplace.
About Grubb & Ellis:
Grubb & Ellis Company (NYSE: GBE) is one of the largest and most respected commercial real estate services and investment companies. With more than 130 owned and affiliate offices worldwide, Grubb & Ellis offers property owners, corporate occupants and investors comprehensive integrated real estate solutions, including transaction, management, consulting and investment advisory services supported by proprietary market research and extensive local market expertise.
Grubb & Ellis and its subsidiaries are leading sponsors of real estate investment programs that provide individuals and institutions the opportunity to invest in a broad range of real estate investment vehicles, including tax-deferred 1031 tenant-in-common (TIC) exchanges; public non-traded real estate investment trusts (REITs) and real estate investment funds. As of Sept. 30, 2008, more than $3.8 billion in investor equity has been raised for these investment programs. The company and its subsidiaries currently manage a growing portfolio of more than 225 million square feet of real estate. In 2007, Grubb & Ellis was selected from among 15,000 vendors as Microsoft Corporation's Vendor of the Year. For more information regarding Grubb & Ellis Company, please visit http://www.grubb-ellis.com/.
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