All Constructed and Built out Class A Office Buildings at DIX Development’s Ciara Creek Executive Centre Have Been Sold.

LAKE MARY, Fla. --   DIX Developments, LLC has sold out all constructed and buildout Class A professional office buildings at Ciara Creek Executive Centre within two years of acquisition and transitioning the campus - at 711 Longwood-Lake Mary Road across from the YMCA – into office condominiums.

James Dicks, CEO of the southeastern U.S. investment and development company purchased the 22,500 square foot Class A office development from Stillwater Companies for $1,775,000, with the purpose of adding another 11,700 square feet in four more buildings.
The last two new shell buildings in the $4.5 million development are nearing completion and Dicks said he expects they will be under contract in the next 60-90 days.
The new shell buildings that can be purchased with buyer completing their own buildout or by a turn key build-to-suit arrangement with DIX completing buildout, include one with 2,180 square feet priced at $381,500 and a 2,700 square foot building at $472,500.    John Kurtz of Stirling International Real Estate is heading up sales.
Eight stand-alone buildings ranging from 1,350 to 3,150 square feet of custom finished offices with reception areas, break rooms and copy centers were designed specifically for the needs of small to medium-sized companies, particularly physicians, medical related businesses and service providers, Dicks explained.
“Buyers who are business owners see the significant advantages of owning their own facilities with today’s historically low rates, and investors see the potential of leasing to an investment grade tenant in this exceptional office locale,” he said.
Ciara Creek Executive Centre is one of multiple projects DIX Developments is currently developing throughout Central Florida.  The next one to get underway is University Econ Executive Center an office development the company purchased at the prime signalized intersection of University Blvd. and Econlockhatchee Trail one mile west of SR 417.
* * *
About DIX Developments, LLC
DIX Developments, LLC is a full service real estate company committed to providing quality developments throughout Central Florida. The dedicated team of industry professionals works to create properties that are well positioned, attractive, financially sound, and inclusive of green planning and development,  DIX Developments, LLC provides the highest quality projects by maintaining the strictest attention to detail, and prides itself on being able to manage those details during every phase of the project.

Hold-Thyssen Brokers New Lease for Promising State Farm Agency at West Bay Professional Park

TAMPA, Fla. --- Hold-Thyssen, Inc., a commercial property firm based in Winter Park, with offices in Clearwater, recently completed a new lease agreement for 1,290 square feet of professional office space at 6911 Pistol Range Rd. at West Bay Professional Park in Tampa.

Theresa Margaris, Transaction Specialist in Hold-Thyssen’s Clearwater office, negotiated the transaction representing the tenant, Mark Forgas Insurance Agency, Inc. d/b/a Mark Forgas State Farm.  

Margaris said the new tenant is a State Farm candidate who recently relocated from Springfield, IL, and acquired a sizeable book of business from a retiring seasoned agent.   “The location was strategically chosen to service existing insureds as well as cultivate new ones,” she said.   

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.

NAI Realvest Closes New Contracts with Expanding Businesses for More Than 12,000 Square Feet of Central Florida Commercial Space

ORLANDO – Three new commercial leases negotiated by NAI Realvest of Orlando will bring a specialty pharmacy, a water-softening business and an electronics company to locations in Longwood and Orlando, along with some new jobs.

Chris Adams, an associate with NAI Realvest, recently closed on new leases for three commercial properties; an industrial location at 215 Pineda St. in Longwood, and two office spaces at 6025 Lake Ellenor Drive in Orlando’s Heaven III high tech office campus.

Adams represented Alpine Power Systems Inc. – a 56-year-old Redford, MI-based provider of backup power, telecom and cable solutions – in the 4,500-square-foot Longwood lease, for expansion from its current Apopka location. Derek Riggleman of Lee & Associates represented the landlord, AIC Longwood LLC/The Bywater Company.

Landlord / Owner Heaven 3 RE LLC, was represented by Adams and NAI Realvest Principal Tom Kelley, in leasing 1,756 square feet to Dust Buster Group LLC, a residential water filtration company that plans to hire six new employees, and 6,670 square feet to Amber Pharmacy, an Omaha-based specialty pharmacy that was represented by Amanda McClure of CBRE.

Lifetime Achievement Award to be presented at CFCAR Hallmark Awards Luncheon Friday Feb. 28 to Central Florida Real Estate Businessman John Crossman

ORLANDO ---   The Central Florida Commercial Association of REALTORS® will host the Hallmark Awards Luncheon at the Marriott in Lake Mary Friday Feb. 28 to recognize the best of the best for 2019 in the Commercial Real Estate industry.  CFCAR represents the ten-county area of Alachua, Brevard, Flagler, Lake, Marion, Osceola, Orange, Seminole, Sumter and Volusia. 

 Some of the Central Florida’s most dedicated and productive commercial real estate pros will be recognized according to this year’s Hallmark committee chair, CFCAR’s President Paul P. Partyka, CCIM, MiCP who will be officiating.  

A highlight of this year’s award luncheon is the Lifetime Achievement Award to be presented to John Crossman, CCIM, outstanding Florida leader dedicated to helping the community.  Throughout his commercial real estate career, Crossman has been passionate about inspiring the next generation by mentoring students and providing exposure and opportunities for diverse students to pursue careers in commercial real estate.

Register to attend the Hallmark Awards Luncheon by logging on to http://www.cfcar.net/Hallmark-Awards or for more information call President Paul Partyka at 407-341-0805

Hold-Thyssen Closes Two Long-Term Flex Leases for Businesses Expanding in Orlando’s Edgewater Commerce Center

ORLANDO / WINTER PARK --- Hold-Thyssen, Inc., a full-service commercial property firm based in Winter Park, recently negotiated two new leases with businesses expanding services into the Orlando market.

Associate Troy Stevens represented Landlord Z Asset Management, a So. Florida based private equity firm in both transactions for flex space at Edgewater Commerce Center, 6250 Edgewater Drive in the College Park area.

The new tenants are Ocala-based Centurion Exteriors of Florida a windows installation business who leased 2,400 square feet and El Paso, Texas-based HQ Builders a custom homebuilder and remodeler who leased 900 square feet.

Edgewater Commerce Center’s occupancy is up to 86 percent.   Centurion Interiors and HQ Builders join existing tenants such as Hotzy Pressure Washers and Castle Window.

Hold-Thyssen, Inc. provides commercial property brokerage, 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

Exclusive Skyline Executive Office in downtown Orlando Sold for $2.7 Million — Stirling International’s Second Major Sale at The Plaza in 4 Months

ORLANDO – Downtown Orlando’s most exclusive rooftop executive office with 360 degree views of “The City Beautiful” and a highly sought-after outdoor work space has just sold for $2.7 Million to an Orlando based entity.

The Stirling International team of John Kurtz, CCIM and Roger Soderstrom, Jr. negotiated the sale on behalf of the seller RSC Plaza Office Condos, LLC.

The Buyer, represented in the transaction by Ben Becton with Keller Williams Realty of Lakeland, said the use of the unique high-end property is currently still under wraps, but they look forward to announcing more on the project later this Spring.  Those in the know are very excited about what the project will bring to the downtown community including 50 plus new jobs once open for business!

The full 21st floor penthouse in the South tower of The Plaza located at 189 S. Orange Ave. at the corner of Church Street is the second major sale made by Stirling International’s Kurtz and Soderstrom within the last four months.

In September the duo represented seller RCS Plaza Office Condos, LLC, part of Denver-based Real Capital Solutions, in the $2.2 Million sale of nearly half of the 20th floor in The Plaza’s south tower to UK-based Epos Now point-of-sale software provider.

NAI Realvest Closes on $830,000 Office Condo Sale at Maitland Center Commons

ORLANDO, Fla. --- NAI Realvest recently closed on the $830,000 sale of a 5,788 square foot office condo at 1017 Maitland Center Commons Blvd., Unit 4, off SR 414 in Maitland Center. 

Vice President Andy McCaw negotiated the transaction representing the landlord and global investor Redchip Companies, Inc. 

Buyer Missionary Ventures International, Inc. is an Orlando-based organization that sponsors mission trips and internships to spread Christianity worldwide.    Missionary Ventures was represented by Tommy Pinel of Cushman & Wakefield of Florida.

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.

Hold-Thyssen Closes Long-Term Lease at Cooper Commerce Center in Apopka – Online Clothing Retailer Expands in the Area

APOPKA, Fla. – Hold-Thyssen, Inc. a full service commercial real estate firm based in Winter Park, recently closed on a long-term lease agreement for 4,845 square feet of flex space at 535 Cooper Commerce Drive in the Cooper Commerce Center in Apopka. 

Hold-Thyssen Associate Troy Stevens negotiated the transaction on behalf of the landlord.  Laced With Grace, an online clothing retailer expanding in the area leased Suite 330 at the facility and was represented by Michael Etchison of Millenia Partners V, LLC.  Laced with Grace joins current tenants such as Area Wide Protective and Massey Services. 

Hold-Thyssen 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.
* * *

Downtown Orlando’s Most Unique Skyline Office with 10,000 Square Foot Garden Terrace Listed for Sale at under $3 Million

ORLANDO -- The Plaza’s unique, full floor penthouse office in downtown Orlando with 360 degree views of “The City Beautiful” and a highly sought-after outdoor work space is listed for sale at $2,995,000.

The 21st floor of the Plaza’s north tower offers over 20,000 square feet of Class A office space with high-end custom appointments including 10,000 square feet of wraparound garden terrace.  The location, at the heart of Orlando’s CBD, is being marketed as an ideal regional or U.S. headquarters that can take advantage of one of the largest digital media clusters in the nation and a hub for technological innovation.

The 10,891 square foot indoor space offers a huge executive office suite with private conference room and bathroom and more than 16 private offices. A massive 25' x 26' main conference room with custom conference table has an adjoining kitchen for catered meetings.  There are two additional conference rooms, a generous reception area and private elevator lobby with customizable controlled access. 

The Stirling International Real Estate team of John Kurtz, CCIM and Roger Soderstrom, Jr. are representing the property located at 121 S. Orange Ave. at the corner of Church St. and Orange Ave., in Orlando’s urban core.   

“This stunning contemporary suite in downtown Orlando is an ideal location for new technology companies, as well as local and global finance, corporate or division headquarters,” said Soderstrom. 

This exclusive office with the finest in finishes also defines the latest trend in workspace – an outdoor park-like work area enhanced by trees, planters and water features.  Studies have shown exposure to the fresh air and stillness of outdoors reduces depression and cardiovascular disease and makes employees more creative and productive.   

“This is a rare opportunity for both investors and businesses looking into Orlando as a base of operations,” said Kurtz, adding “The Plaza’s penthouse indoor-outdoor office environment is unquestionably a place where business can grow significantly with a staff performing at their best.”       

# # #
PHOTOS (Left to Right): [1] Floor Plan 21st Floor – [2] View of Garden Terrace – [3] Executive Office – [4] Night Birdseye View Plaza N 21st Floor 

$10.5 Million Sale of 300 Acres Makes Way for DeBary’s First Traditional Design Community

DeBary, Fla. --- NAI Realvest / Charles Wayne Commercial recently closed on the $10.5 Million sale of just under 300 acres on Fort Florida and Barwick Roads in DeBary.  A new 700-unit community called Rivington is planned by the buyer Reader Communities of Orlando and Raleigh, N.C.

Steve Costa, principal at NAI Realvest/Charles Wayne Commercial represented the seller, Empire Cattle, Ltd a third generation, family-owned ranching and citrus operator with land holdings in Putnam and Volusia Counties including development parcels in DeBary and Lake Helen. 

Costa said this new home community will be unique to DeBary and is across the highway from The Junction, the 68-acre Charles Wayne mixed use development that includes Bungalow Homes and Apartments underway plus 104,000 square feet of retail space with a major grocery store.   

Reader Communities is developing a residential community on the property with traditional elements such a walkability, shared green spaces and alleys to accommodate rear entry garages. 

Homes will range from 1,500+ square foot townhomes to single-family homes which will top out around 3,000 square feet, according to Jeff Reader, vice president at Reader Communities. 

The master planned community developer markets and sells developed homesites to national homebuilders.  Rivington will be developed in several phases of 100–200 lots at a time, and Reader expects homes will be priced from the low $200s to the high $300s. 

“This parcel is ideally situated for a new neighborhood development located just over the St. Johns River from the Lake Mary/Sanford employment centers via easy access to 17-92 and Interstate 4,” said Costa.

Rivington is a walkable transit oriented development, immediately adjacent to DeBary’s  TOD and it is less than a quarter mile west of the DeBary SunRail station. The convenience to major arterial highways provides its residents with everything Orlando and Central Florida offers. 

* * *

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. 

About Charles Wayne Properties
Charles Wayne Properties is an industry leader with a 40-year track record as an investor and developer throughout the Southeast having developed and managed grocery anchored shopping centers, freestanding retail facilities, and office and industrial parks.  Since 1978 the firm has worked with local and national brands in various capacities including brokerage, development, investment sales, tenant representation, property management and receivership. Visit www.charleswayne.com for more information.