NAI Realvest Brokers Multi-Year Lease Agreement for Busy Environmental Cleanup Firm Expanding to the Airport area in South Orlando

MAITLAND, Fla. – NAI Realvest recently closed on a new long-term lease agreement for a 6,000 square foot warehouse property located at 2153 Rayburn St. off Boggy Creek Road in South Orlando near the international

Paul Partyka

airport.

Paul P. Partyka, CCIM, MiCP managing partner at NAI Realvest, brokered the transaction on behalf of the landlord Scotty’s Oil Company, Inc. of Livingston, MT and the tenant, Sarasota-based US Submergent Technologies, LLC.

Tenant is relocating from University Blvd. in Winter Park to the larger facility which allows for more expansion of its operations. The growing environmental firm specializes in cleaning debris from submerged conditions such as wastewater and power plant sites.

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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 through NAI Global, an international commercial real estate network with over 350 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.

Ormond Beach A1A Plaza Sells for $2.7 Million

Ormond Beach, Fla. -- NAI Realvest | Charles Wayne Commercial closed on the sale of Aliki Plaza, a 29,730 square foot beachside shopping center at 378-404 S. Atlantic Ave. (US Highway A1A) - Ormond Beach’s second largest beachside shopping center, which is home to 18 tenants sold for $2.7 million.

Charles Lichtigman, principal of NAI Realvest/Charles Wayne, and Brad Gifford, who leases the Plaza, negotiated the sale on behalf of the Seller, Sunbelt Holdings Daytona, LLC. Sunbelt is owned by longtime Daytona area investor Hugh Upton. The Buyer, Aliki Plaza of Ormond Beach, LLC, whose principal is Ty Lohman, was represented by Carl Lentz of SVN Alliance.

The plaza, built in 1985, was 90 percent leased at the time of the sale. Daytona Beach Welcome Center, Weichert Hallmark Properties and Coldwell Banker Premier Properties are among the long term tenants.

“Beachside commercial property prices are growing - driven by increased tourism, and major new hotels coming into the market, including the Hard Rock and the 27-story Daytona Resort,” said Lichtigman. “We’ve seen investors – both local and from out of the area – with record interest in locations along Daytona’s beachfront.”

NAI Realvest | Charles Wayne was formed as a strategic partnership between NAI Realvest and Charles Wayne Properties in 2017. The brokerage has top experts in every aspect of commercial real estate and a global reach.

Charles Wayne Properties, has been serving the commercial real estate community since 1978. Charles Wayne Properties, Inc. is one of central Florida’s largest real property owners and management firms, with primary offices located in Orlando and Daytona Beach.

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Lincoln Property Company Closes on New Lease to Hubbard Construction Airport Business Center

ORLANDO, Fla. – Lincoln Property Company, a full service commercial real estate firm recently closed on a long-term lease to Winter Park-based Hubbard Construction Company in the Airport Business Center at 5730 S. Semoran Blvd.

Sean DuPree, broker at Lincoln Property Company who handles leasing at Airport Business Center, negotiated the new lease for 3,248 square feet on behalf of Landlord RCS-Orlando Airport 371, LLC. .

The six-building office / flex business park at the intersection of Hoffner Ave. is five minutes from Orlando International Airport.

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About Lincoln Property Southeast

Lincoln Property Southeast is a commercial real estate firm offering a comprehensive suite of value-added services for clients. With a substantial local presence and history in the Southeast region, the company is ideally situated to provide superior service, which comes from striving to understand the goals and challenges of tenants, investors, lenders and owners of commercial real estate.

M/I Homes Now Selling Townhomes at the Towns at White Cedar Near the SunRail Station and Historic Downtown Sanford

 A decorated model at the gated community is available for tours  

SANFORD, FL – M/I Homes has started selling three- and four-bedroom townhomes at its new community, “The Towns at White Cedar,” on White Cedar Road just north of State Road 46,   A decorated model at the gated community has been finished and is available for touring.

Towns at White Cedar

The 155 residences at White Cedar will feature floor plans ranging from 1,379 to nearly 1,900 of square feet of living space, according to M/I Homes’ Area President David Byrnes.

“Living in this beautiful, gated community, residents will have security, privacy and convenient commutes both to downtown Orlando as well as the Daytona Beach area,” he said. “And buyers won’t have to sacrifice quality or value for that convenience,” he added. 

The community’s swimming pool and cabana are nearing completion.

Situated on 19 acres, White Cedar is just one mile west of the SunRail Station, and is convenient to the Sanford International Airport, numerous restaurant and entertainment locales, historic downtown Sanford and Seminole Town Center.

Byrnes said its location should be a plus for commuters driving along State Road 46, Interstate 4 and the Greenway Expressway.

Prices at the Towns of White Cedar will range from $230,000 to $300,000.

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About M/I Homes
With 16 active communities in Central Florida, M/I Homes, Inc. is one of the nation’s leading builders of single-family homes, having delivered more than 81,500 homes. The Company’s homes are marketed and sold under the trade names M/I Homes, Showcase Homes, TriStone Homes and Triumph Homes. The Company has homebuilding operations in Columbus and Cincinnati, Ohio; Chicago, Illinois; Indianapolis, Indiana; Tampa and Orlando, Florida; Austin, Houston and San Antonio, Texas; Charlotte and Raleigh, North Carolina; and the Virginia and Maryland suburbs of Washington, D.C. 

M/I Homes Begins Site Work for Phase 2 of the Vistas at Waters Edge Community in Apopka

APOPKA, Fla. -- With two model homes recently completed, M/I Homes is busy laying the groundwork for Phase 2 at the Vistas at Waters Edge, a gated, single-family home community on South Binion Road in Apopka.

Homes in the distinctive community – which is less than a mile from Florida Hospital/Advent Health

Brookhaven D elevation

Apopka – are priced from the low $300,000s to nearly $600,000, according to David Byrnes, area president of M/I Homes. The one- and two-story plans range from 2,000 to almost 5,000 square feet of living space.

The 75-acre community, on prime real estate overlooking Lake Apopka, will have 147 homes on 120-foot-deep homesites ranging in width from 60 to 75 feet.

When Phase 2 is completed later this year, Vistas at Waters Edge will have a number of parks with fountains, as well as a clubhouse, a pool with cabana, a picnic area and a multi-use trail that will connect with the Apopka’s trail system, Byrnes said.

The two lavishly-decorated four-bedroom, three-bath models – the Mediterranean-style Corina 2 and the Mission-style Brookhaven – are open for guest tours, he said. Both are built with an upstairs bonus room, a popular option that is available on each of the floor plans.

Base priced at $339,990, the Corina 2 has 2,317 square feet of living space, a covered lanai and a 2¾-car garage. The Brookhaven, which boasts 3,035 square feet of indoor living space plus a covered lanai and a two-car garage, is base-priced at $390,990.

Visit www.MIHomes.com to register for a model and community tour.

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About M/I Homes

M/I Homes, Inc. is one of the nation’s leading builders of single-family homes, having delivered more than 81,500 homes. The Company’s homes are marketed and sold under the trade names M/I Homes, Showcase Homes, TriStone Homes and Triumph Homes. The Company has homebuilding operations in Columbus and Cincinnati, Ohio; Chicago, Illinois; Indianapolis, Indiana; Tampa and Orlando, Florida; Austin, Houston and San Antonio, Texas; Charlotte and Raleigh, North Carolina; and the Virginia and Maryland suburbs of Washington, D.C.

NAI Realvest Closes $16.7 Million Land Sale to Lennar

180 Acres Will Expand Homebuilder’s Successful ChampionsGate Community

ORLANDO, Fla. – NAI Realvest closed on the sale of 180 acres located on Bella Citta Blvd. at Westside Blvd. adjacent to the ChampionsGate master planned community south of Orlando in the Four Corners area.  Lennar Homes, LLC purchased the land for $16.7 Million

Jason G. Toll, MiCP, Director at NAI Realvest, brokered the transaction on behalf of the buyer, and the seller Kendrick Grove managed by the Davidow and Fox families of Orlando.    

“This acquisition by Lennar will serve as a continuation of its highly successful ChampionsGate project,” said Toll.  

Site development will get underway this summer.  

Public records note the land was approved for 310 homes, townhomes and condominiums to be built in two phases as well as an amenity center and private park.

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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.

Hold-Thyssen Negotiates $9.65 Million Sale of 50-Year Old Apartment Complex in Winter Park

Evergreen Apartments

WINTER PARK, Fla. --- Robert P. Hold, principal at Hold-Thyssen, Inc., negotiated a sale of the 97-unit Evergreen Apartments in Winter Park. The value-add multi-family property built in 1972 that operated more than four decades

Bob Hold

at or over 95 percent occupancy recently sold for $9,650,000 or $99,484 per unit.

Hold purchased the property with partners for $725,200 in 1977 when the one-bedroom apartments were known as the place where the Minnesota Twins stayed during spring training. The most recent asking rents have been in the $800 per month range, Hold said.

The buyer, an affiliate of Massachusetts-based Aspen Square Management who invests in value-add multi-family opportunities, plans to completely renovate the entire interior and exterior of the complex. Cole Whitaker of Berkadia Real Estate Advisors represented the buyer in the transaction.

Hold-Thyssen Inc. is a full service commercial property firm that 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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NAI Realvest Closes on Sale of Prime Retail Property in Ocoee for a 15,000 Square Foot Retail Center Planned for Delivery by Q1 2020

OCOEE / ORLANDO, Fla. – Orlando-based NAI Realvest Principals Matt Cichocki and Kevin O’Connor recently negotiated the $800,000 sale of a prime piece of retail property at 2222 Ocoee Apopka Rd. in Ocoee.

Cichocki and O’Connor represented the buyer JeBaile Realty, LLC of Windermere who intends to construct a 15,000 square foot retail center on the 1.9-acre site with delivery expected in the first quarter of 2020.

The seller, Charlotte-based Ocoee Partners, LLC, was represented in the transaction by Bobby Palta of CBRE.

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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.

Software Systems Manufacturer Selects New Long-Term Lease At SunTech Commerce Park

SunTech Commerce Park

LAKE MARY, Fla. – Lincoln Property Company, a full service commercial real estate firm, completed a new long-term lease agreement with Lo-Q, Inc. for 3,250 square feet of office space at SunTech Commerce Park, 59 Skyline Drive in Lake Mary.

Sean DuPree, CCIM brokered the transaction on behalf owner/landlord RCS-Suntech, LLC of Louisville, CO. Lo-Q, Inc., based in Lake Mary leased the space and was represented in the transaction by Paul Kelly with Coughlin Commercial.

DuPree heads the Lincoln Property Company team who handles the leasing at SunTech Commerce Park, a 224,359 square foot, six-building office/flex campus in Lake Mary’s high tech corridor.

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About Lincoln Property Southeast

Lincoln Property Southeast is a commercial real estate firm offering a comprehensive suite of value-added services for clients. With a substantial local presence and history in the Southeast region, the company is ideally situated to provide superior service, which comes from striving to understand the goals and challenges of tenants, investors, lenders and owners of commercial real estate.

Hold Thyssen Closes on 5-Year Lease at Rosemont Village Shoppes - New Restaurant Owners Opening Soon with Sports Bar Theme

ORLANDO --- Hold Thyssen, Inc., a full service commercial property firm based in Winter Park, recently negotiated a new five-year lease agreement for 4,800 rentable square feet at Rosemont Village Shoppes, 4429 N. Pine Hills Rd. in Orlando.

Hold Thyssen leasing associates Alex Rowlinson and Troy Stevens, represented the landlord in the transaction.

Tenant A&T Buffalo leased the site for an established restaurant business they acquired and renamed. They will reopen the restaurant with a sports bar concept as soon as permitting

Rosemont Village Shoppes,
4429 N, Pine Hills Rd.

is complete.

The Rosemont Village Shoppes is a 42,516 square foot retail center anchored by Family Dollar.

Hold Thyssen, Inc. provides commercial property brokerage and leasing and management services to institutional and private investor clients nationwide. The 40-year old firm’s current portfolio includes more that 100 commercial properties throughout the United States.

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