Friday, November 30, 2018

Rhodes+Brito Architects Appoints Construction Administrator


ORLANDO, Fla. Rhodes+Brito Architects, based in Orlando has appointed Mark Loeb as Construction Administrator.  Loeb holds both a Masters of Urban Planning and a Bachelors of Environmental Studies from the University of Colorado, according to Ruffin Rhodes, co-founder and partner in the firm.
Mark Loeb

 Loeb, who has 30 years of professional experience, will work closely with project architects at Rhodes+Brito to ensure implementation of project design and that the intent of design is maintained through construction quality control.   

“We will benefit from Mark’s track record of leadership and he will contribute substantially to our growth,” Rhodes said.   

Rhodes+Brito, an Orlando firm founded in 1996, currently employs a staff of 50, including 9 registered architects. The firm has exceptional experience providing architectural services to a wide variety of agencies throughout the state of Florida, including government, federal, civic, K-12, higher education and aviation.
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Monday, November 26, 2018

GAINESVILLE’S  STARBUCKS  BUILDING  ACQUIRED  BY JACKSONVILLE FIRM


Gainesville, Fla. –   Hold-Thyssen, a full service commercial real estate firm with offices in Clearwater and Winter Park, recently represented the buyer of 5480 NW 43rd Street, a 2,300 square foot freestanding restaurant that’s under long-term lease to Starbucks.

Richard Fisher, Vice President of Investor Services in the firm’s Clearwater office negotiated the transaction representing the buyer SSS Investments of Jacksonville, LLC who paid $2,595,000 for the building situated on a 0.83-acre site near the intersection of the Publix Hunters Crossing shopping center. 

Fisher said the seller Boos Development, Inc., a private investor and developer based in Clearwater, built the Starbucks in 2017 along with a freestanding Chase Bank building and a facility for North Florida Regional Medical Center.
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Wednesday, November 21, 2018

Rhodes + Brito Architects Names Two New Project Coordinators

ORLANDO --- Rhodes + Brito Architects announced that Samar Mady and Dwinessa Pratt have joined the firm as Project Coordinators.
 
Samar Mady
Mady holds a Bachelor’s of Science degree in Architectural Engineering/Urban Planning from Ain Shams University in Cairo, Egypt.

Pratt is a recent graduate of the Master of Architecture program at Florida A&M University. 

In their new roles as Project Coordinators, Mady and Pratt will provide support services to the firm’s project architects including initial research, design development and finalizing construction documents, according to Ruffin Rhodes, co-founder of the firm.   
Dwinessa Pratt

“We are pleased to have these exceptional young professionals join our firm and look forward to their continued growth,” said Rhodes.

Rhodes+Brito, an Orlando firm founded in 1996, currently employs a staff of 50, including 9 registered architects. The firm has exceptional experience providing architectural services to a wide variety of agencies throughout the state of Florida, including government, federal, civic, K-12, Higher education and aviation.

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NAI Realvest Closes Industrial Leases for General Contractor and Elevator Manufacturer at Poinciana CommerCenter East in Kissimmee 


KISSIMMEE /  ORLANDO, Fla. – NAI Realvest recently negotiated two new long-term industrial leases totaling 5,200 square feet at Poinciana CommerCenter East on Business Center Lane off U.S. 17-92 in Kissimmee.
Michael Heidrich

NAI Realvest Principals Michael Heidrich, Matt Cichocki and Kevin O’Connor, brokered the transactions representing the landlord, Maitland-based Small Bay Partners, LLC. 

Matt Cichocki
Stingray Global, LLC, a Port Orange-based general contractor specializing in commercial construction, leased 3,850 square feet at 1765 Business Center Lane.     Kissimmee based P&R Cab Designer LLC who leased 1,890 square feet at 1755 Business Center Lane designs and manufactures elevators.    

Poinciana CommerCenter East’s 96,528 square feet is currently 89 percent occupied.
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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.

Tuesday, November 13, 2018

Party & Gift Outlet Expanding in 5th Location at Vineland Pointe in Attractions Area

ORLANDO --- NAI Realvest closed on a new lease representing Party & Gift Outlet, Inc. for an 8,023 square foot store opening in the spring of 2019 at Vineland Pointe, the new retail center fronting I-4 off of Daryl Carter Blvd. in the attractions area of South Orlando
Paul P. Partyka, CCIM, MICP, partner at NAI Realvest who negotiated the multi-year agreement on behalf of the tenant said the retailer, now with five locations in Central Florida, is expanding retail operations at this location.     
The Palm Beach-based landlord Vineland Pointe Owner LLC was represented in the transaction by Kate Gilbert of O’Connor Property Management, LLC.   Party & Gift Outlet which specializes in licensed Disney products will join several national tenants including Lucky Supermarket, Burlington, Five Below and Ross Dress For Less, in the Vineland Pointe retail shopping center at 12005 Regency Village Drive.   
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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.  

Global Network Provider, Medical Device Startup, Mathnasium and Nurse on Call Expand into East Orlando

ORLANDO, Fla.NAI Realvest recently negotiated four new leases totaling 9,890 rentable square feet at two professional office buildings in East Orlando.

Mary Frances West, CCIM, Vice President represented the landlord Citadel Partners, LTD in a long term lease agreement with Expereo USA, Inc.  The growing Virginia-based firm relocated from an executive suite facility into a 4,690 square foot suite in The Citadel International III, 5950 Hazeltine National Drive.   Jim Light of Keller Williams Advantage III Realty represented the tenant, a global provider of managed cloud and internet networks. Tenant’s parent company is based in Amsterdam.
 
At University Court, 3361 Rouse Rd., West brokered the lease of 1,408 square feet  representing landlord Interchange-FL Rouse, LLC of Daytona Beach.  Tenant GRD Biomechanics, LLC is a startup company that uses a 3D printer to make full-range knee braces that have no mobility limitations. 

Two more leases at University Court that West completed include 2,670 square feet to Khalil Ventures Managements LLC d/b/a Mathnasium, an award-winning franchisee that provides math learning for K-12 students; and Brentwood, Tenn.-based Nurse on Call, Inc., represented by Realvest Associate Chris Adams, leased 1,122 square feet.  Nurse on Call, which is owned by Brookdale Senior Living, has 20 locations in Florida providing RN, LPN and physical therapist in-home care.

Nurse on Call and Mathnasium provide teams of employees with above average paying jobs at their new University Court locations.  Sam Gaslin of 4Acre Commercial Real Estate represented Mathnasium.      

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Tuesday, November 6, 2018

Hold-Thyssen Closes $1.15 Million Retail Investment Sale of Historic Intercoastal Storefront in Melbourne


Melbourne, Fla.  --- Hold-Thyssen, Inc., a full service commercial property firm based in Winter Park, recently overcame several obstacles and multiple delays to close on the $1,150,000 sale of an historic intercoastal storefront building at 559-569 W. Eau Gallie Blvd. in Melbourne.   
  
Saxon Evans, director of investment sales at Hold-Thyssen, who brokered the sale on behalf of Seller Highland Investment LLLP, said the art district property comprised of six suites including the owner’s office is fully leased to artsy tenants.  Numerous improvements have been made to the 7,550 square foot retail building located a couple of blocks from the causeway over the intercoastal waterway.    

Buyer Delray Beach-based Kahilt Corp. also owns over 15 other properties in Florida and plans to continue leasing this property to current and future tenants. The 0.2 acre site offers street parking on both Eau Gallie Blvd. and Highland Ave., a high profile, signalized corner.

“The deal took about two years from listing to closing,” Evans explained. “Due to the seller’s long ownership, challenging issues were worked through especially missing documentation that was located, verified and reissued up until the last minute before closing. We couldn’t have done it without the help of good sellers and an understanding buyer.”    

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.
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Tuesday, October 30, 2018

EcoSystem Renewal LLC and CSRS Selected for Louisiana Coastal Restoration Bids



BATON ROUGE, LA. – The Coastal Protection and Restoration Authority (CPRA) of the state of Louisiana has selected six companies to bid on environmental restoration projects in the Barataria Basin, and one of the six, CSRS-ECO Coastal, LLC, is a venture formed by CSRS and EcoSystem Renewal LLC ,  the Member Manager of the company.

The Barataria Basin is a critical and endangered stretch of cypress/tupelo swamp, chenier ridges, fresh marsh and a mixture of fresh and saltwater marsh located south and west of New Orleans. The sprawling basin suffers from a lack of fresh water, erosion and a range of ecosystem problems associated with development through the years.

EcoSystem Renewal LLC., based in Baton Rouge, is a leading pioneer in wetlands restoration work and is the managing member of CSRS-Eco Coastal LLC. CSRS, headquartered in Baton Rouge with offices across the gulf region, specializes in environmental resiliency planning and program management. The firm, CSRS-Eco Coastal LLC, was among six companies approved by the Louisiana CPRA this month (October) to submit proposals for restoration work in the Basin, which spans for more than 500,000 acres.
 
CPRA is the sole state entity with authority and funding to develop, implement and enforce a comprehensive plan to protect and secure Louisiana’s coast for future generations. The state of Louisiana has budgeted $5 billion for CPRA projects.

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NAI Realvest Closes Two Boutique Office Building Sales Totaling $770,000 in Downtown Orlando’s North Quarter Urban District


ORLANDO, Fla. – NAI Realvest closed on two separate sales of adjacent properties totaling $770,000.  The buildings are located in the North Quarter district of downtown Orlando and both will be used for law offices.  
  
The NAI Realvest team of Jeff Tanner and Kim Manson represented Seller, Orlando-based Jcash-3 Inc., a real estate holding company, in a $450,000 sale of the 1,635 square foot stand-alone office building at 827 Irma Ave.  The Buyer, US Immigration Law Group, LLC, d/b/a Rineer Law with over a decade of immigration law experience, was represented in the transaction by Jonathan Hughes and Michael Danforth of Cresa Orlando.

Next door, Tanner and Manson represented the Beech Mountain, N.C.-based seller 831 Irma Avenue, LLC, and the buyer Law Office of Michael J. MacDonald P.A., operating as MacDonald Law at the 1,272 square foot freestanding office building purchased for $320,000.

Both law practices were previously leasing space in downtown Orlando.  As lease rates in the downtown office sector continue to rise, NAI Realvest has been seeing an increase in the need for office building sales inventory, particularly in the up and coming North Quarter.  The area offers walkability to SunRail, an array of top-notch restaurants, new contemporary townhomes, arts and culture.           
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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

NAI Realvest Closes on Investment Sale in Polk County – Buyer Plans to Develop a New Dollar General


Winter Haven, Fla. - NAI Realvest recently negotiated a $450,000 sale price for a 1.58-acre parcel of vacant land at 418 – 18th St. S.E. in Winter Haven, where the buyer is planning to develop a Dollar General store.      

NAI Realvest Associate Chris Adams negotiated the sale on behalf of Seller John P. Adams & Ann D. Adams Family LP of Winter Haven.   The Buyer Palmetto Winter-Haven-Dundee Rd LLC of Thomasville, Ga. was represented in the transaction by Oak Realty Advisors.   Seller will be exercising a 1031 tax free exchange.

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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 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.