HENDRICKS-BERKADIA NEGOTIATES SALES OF NEWPORT SQUARE APARTMENTS

Tampa, Fla. – Monument Real Estate Services, LLC of Coral Gables has sold the apartment community Newport Square to Park Pointe Apartments, LLC a Tampa-based multi-family investment company. Newport Square consisting of 188 units located at 5505 North Himes Avenue sold for $8.925M and was the last part of a three property portfolio consisting of Newport Riverside and Newport Pointe which were purchased by a separate ownership group. The total portfolio consisted of 480 units and had to sales value of $19.15M. Newport Square, built in 1970, is located off North Himes Avenue and is situated on 9.45 acres with 11 buildings containing one, two, and three bedroom floor plans that average 1,181 square feet in size and $782 per month in rent. Amenities included a playground, clubhouse, laundry facility, wading pool, and a swimming pool with a sun deck. Hendricks-Berkadia’s Vice President Jason Stanton, based in Tampa, negotiated the transaction with partners Cole Whitaker and Hal Warren out of their Orlando office on behalf of the Sellers. Stanton said the new owner has planned a value-add program for the community to increase the overall quality of the units and the community’s curb appeal allowing for future revenue and occupancy increases.

Emerson International Reports Two new Lease Agreements that Total 2,844 Square Feet of Office Space

Altamonte Springs, Fla. -- Kenneth Koch, director of leasing at Emerson International, recently negotiated two new lease agreements that total 2,844 square feet of office space in Longwood and Orlando. In Longwood, Koch negotiated a new long-term agreement with Signature Home Now, an in-home nursing agency, which leased 1,786 square feet of office space at 2180 Sanlando Center on S.R. 434. Connecting Well, Inc., a private family counseling agency, leased 1,058 square feet of office space in Major Plaza I at 5728 Major Blvd. in southwest Orlando. Koch represented the landlord, Emerson International, which owns both buildings. Emerson International is a wholly owned subsidiary of The Emerson Group, the global corporation that is one of the largest privately-owned property development companies in the U.K.

Ashton Woods Homes Starts Pre-Sales of 54 Luxury Town Homes at Waterside on The Gulf in Indian Shores Beach

TAMPA, Fla. – Ashton Woods Homes started pre-sales of 54 four-story luxury townhomes with elevators at its Waterside community located on Gulf Blvd. in Indian Shores Beach. Michael Roche, vice president of sales for Ashton Woods Homes, said the town homes at Waterside are priced from $579,990 and range in size from approximately 1,927 square feet of living space to 2,112 square feet. One furnished model town home will be open for viewing in July, Roche added. Visit www.ashtonwoodshomes.com

ASHTON WOODS HOMES HAS 17 TOWN HOME SITES REMAINING AT COPLEY SQUARE IN ORLANDO

ORLANDO, Fla. – Ashton Woods Homes has 17 town home sites remaining at its Copley Square community located south of downtown Orlando at Delaney and Michigan Avenues. Michael Roche, vice president of sales and marketing at Ashton Woods Homes, said the three-story town homes range in size from approximately 2,046 square feet of living space to 2,363 square feet. Copley Square offers three and four bedroom town homes that come with either two full bathrooms and two half baths, or with three full and one half bath, plus a two-car garage, priced from $282,990, Roche said. There were 66 town home sites when Copley Square opened for sales last year. Amenities at Copley Square include a clubhouse, pool and cabana.

NAI Realvest negotiates five leases totaling 29,900+ square feet at CommerCenters in the Sanford and Goldenrod areas

ORLANDO, Fla. --- Michael Heidrich principal at NAI Realvest negotiated new, renewal and expansion lease agreements for a total of 29,916 square feet of industrial space at Monroe CommerCenter North and South and at Goldenrod CommerCenter representing the landlords. At Monroe CommerCenter North in Sanford, Shields Environmental, Inc. who already occupied suite 1012 with 14,504 square feet at 4150 Church St. has expanded into another 14,504 square feet in suites 1054 and 1060 at 4200 Church St.,now occupying 29,008 square feet at Monroe North. The landlord is Monroe North SPE, LLC. Heidrich negotiated new lease agreements with two local firms at Monroe CommerCenter South representing landlord Monroe South SPE, LLC. B.L. Woods Construction Inc. leased 2,000 square feet at 723 Progress Way and Mak Defense, LLC leased 4,000 square feet at 719 Progress Way in Monroe South. Paul Osborne of Venture I Properties represented the tenant Mak Defense. D’NK Inc. Pressure Cleaning d/b/a Florida Pressure Washing Equipment and Supplies renewed the lease of 2,000 square feet at 671 Progress Way in Monroe South. At Goldenrod CommerCenter 1468 N. Goldenrod Rd., Heidrich represented Goldenrod SPE, LLC in a renewal / expansion lease agreement with Orlando-based Calderon Automotive Repair Services, Inc. who moved out of Suite 210 with 2,206 square feet renewing and expanding into Suite 255 with 4,412 square feet of industrial space.

Hold-Thyssen Negotiates Lease Renewal at Willowbrook Square in Lake Wales

ORLANDO, Fla. --- Hold-Thyssen Real Estate Services recently completed a five-year renewal lease for 1,400 square feet of retail space at Willowbrook Square, 24174 Highway 27 in Lake Wales. Martin Forster CCIM of Hold-Thyssen in Winter Park negotiated the transaction representing the landlord at Willowbrook Square. Tenant Low Ball Louie’s, a tobacco products retailer specializing fine cigars, has been a very successful store at this highly visible location in a growing retail hub that’s recovering with the economy comeback as well as tourist traffic generated by the nearby Legoland attraction, Forster said. Hold-Thyssen provides commercial property brokerage, leasing and management services to institutional and private investor clients nationwide. The 40-year old firm’s current management portfolio includes more that 100 commercial properties throughout the United States.

Park Square Homes Names New Construction Superintendent; Purchasing Agent

ORLANDO, Fla. – Park Square Homes has appointed Carrie Basile construction superintendent. Basile has more than 13 years of experience in the homebuilding industry including management positions with DR Horton, Betenbough Homes in Texas, and ProLine Lawn Care and Landscaping in Chuluota, Fla. Park Square Homes also named Kami Parks as purchasing agent. Parks has 12 years of experience in purchasing. She attended Indiana University of Pennsylvania and was formerly purchasing agent for Stock Development in Fort Myers.

Covian Consulting Contract Will Help Combat Global Human Trafficking

ORLANDO, Fla. --- Covian Consulting was recently awarded a contract from the International Rescue Committee (IRC), the independent international organization that currently is working in 40 countries worldwide from its headquarters in New York City. Maritza Concha, PhD, principal at the Orlando-based management and consulting firm, said Covian Consulting’s 18-month contract, which began April 1, focuses on providing evaluation services for IRC’s program that assists the victims of human trafficking. “We have been retained to assess stakeholders’ coordination of services, measure self-efficacy and self-sufficiency of victims who are served by the program and for the development of a logical model to track goals and objectives of the program,” Dr. Concha said. The IRC’s human trafficking program is funded by the U.S. Dept. of Justice. Covian Consulting is a professional consulting organization focused on helping community based organizations and small businesses with research, program evaluation, communication strategies, and staff development. Covian Consulting is a client company of the University of Central Florida Business Incubation Program located at the Central Florida Research Park in East Orange County.

Cuhaci & Peterson Architects completes design of Publix in Skidaway Island, Ga.

ORLANDO, Fla. --- Cuhaci & Peterson Architects, Engineers, Planners based in Orlando’s Baldwin Park, was recently completed the design of a new Publix supermarket in Skidaway Island, Ga. Lonnie Peterson, chairman of Cuhaci and Peterson, said the new Publix will offer 29,000 square feet of retail space. Cuhaci & Petersen Architects is one of the nation’s leading designers of retail space with projects that total more than two million square feet annually.

RIVIERA BELLA IN DEBARY FOCUSING ON THREE MOVE-IN READY HENIN HOMES WITH SPRING BUILDER PRICING

DeBary, Fla. – Henin Homes has three “special” move-in ready homes with Spring builder pricing and incentives at Riviera Bella, the gated luxury community overlooking the St. John’s River in DeBary. That’s the word from Jerome Henin, president of Henin Homes and founder and president of Henin Group, which developed Riviera Bella. The special builder incentive homes include a three-bedroom, three-bath design with study and three-car/boat garage featuring $50,000 in builder upgrades. The 2,850 square foot luxury home with a dramatic water view has been reduced by $60,000 to $369,900. Upgrades worth $15,000 are offered with a three-bedroom, three-and-a-half bath home with 2,396 square feet. The two-story home features a loft and a host of energy efficient options with a two-car garage priced at $327,270. The third special Spring builder move-in-ready home has been reduced by $67,000. The 2,396 square foot home on a premium lot offering $18,000 in builder upgrades has four bedrooms, two baths and an oversized two-car garage all priced at $299,900. All three spectacular homes are move-in ready at Riviera Bella where community amenities include a boat ramp, clubhouse and swimming pool.