Waterstone Mortgage Corp. Opens Lake Mary Office - Hold-Thyssen Negotiates Class A Office Lease to Nationwide Lender

LAKE MARY, Fla. --- Hold-Thyssen, Inc., a full service real estate services firm based in Winter Park, completed a lease agreement for 2,553 square feet of class A office space at 1485 International Parkway, Lake Mary where a leading mortgage lender opened July 1.

Darby Hold, Associate at Hold-Thyssen, Inc. negotiated the transaction on behalf of the landlord, Christian Financial Resources, Inc.  

The new tenant Waterstone Mortgage Corporation, with 20 years in business and more than 750 employees, is headquartered in the Milwaukee area with lending ability in 43 states.  Malcolm Clayton of Jones, Lang, LaSalle represented the tenant.      

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The 27,120 square foot building at 1485 International Parkway is now 100 percent leased.

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.

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Hold-Thyssen Closes on New Office Leases for Two New Businesses Opening in Tampa Bay Area

Tampa, Fla. --- Hold-Thyssen, Inc., a full service commercial real estate firm, recently negotiated two new multi-year leases for professional office space in the Tampa Bay area communities of Lutz and Westchase.    

Leasing Associate Theresa Margaris at Hold-Thyssen’s Clearwater office negotiated both transactions representing the landlords.   

At the Van Dyke Professional Center in Lutz, where Tampa-based Trustee Management Services, LLC is the landlord, a partnership of experienced independent child therapists opened their first location in 2,500 square feet at 17539 Darby Lane.  The tenant, Shaping Expectations Therapy, LLC will serve new and existing clientele in the surrounding community.

At Westchase Commons in Tampa Margaris negotiated a lease on behalf of local landlord Mason Properties Enterprises, LLC.  The tenant Tidewater Foot & Ankle Associated, Inc. headed by Dr. Megan Johnson is a newly established podiatry practice that entered into a long-term lease of a 1,750 square foot, newly constructed office in the complex.    

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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OCPS Sees Rhodes+Brito Architects’ Transformation, New Construction at Dover Shores Elementary Completed by mid-June

ORLANDO, Fla. – The Orange County Public Schools comprehensive Dover Shores Elementary construction and renovation project designed by Rhodes+Brito will be finished by mid-June in time for faculty to get ready for students in August.

Ruffin Rhodes, co-founder and partner at Rhodes+Brito Architects, said The Dover Shores project, at a cost of approximately $14.8 Million, includes one new building with new classrooms, administration offices, kitchen, multi-purpose lunchroom/stage, play fields and playground equipment and renovation of one existing building that houses Pre-K, Kindergarten, and ESE classrooms.

The elementary school, located at 1200 Gaston Foster Rd., off of S. Conway and Curry Ford Rds., will be ready to accommodate more than 600 students for the fall 2018 school year. 

Dover Shores students have been attending a “swing school” at the former Engelwood Elementary School adjacent to the brand new Engelwood Elementary also designed by Rhodes+Brito and occupied by its students this 2017-2018 school year.

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NAI Realvest Negotiates $7.9 Million Purchase of Downtown Office Building for Medical Equipment Company’s New HQ

ORLANDO, Fla. -- NAI Realvest recently completed an acquisition on behalf of the buyer of  the six-story,  36,426 square foot class A office building at 622 E. Washington St. for $7,900,000.00 or $200.00 per square foot.

Jeff Bloom, CCIM, vice president at NAI Realvest negotiated the transaction representing OM Star Properties, LLC, d/b/a Orchid Medical Equipment Company, who plans to occupy 50 percent of the building for its headquarters that will be relocating.  The sale also included 14,000 square feet of parking garage, Bloom said.

John Worrell of Cite Partners represented Thornton Park Central, LLC, seller of the building that was constructed in 2001 as part of the Thornton Park Central mixed-use development one block east of Lake Eola. 

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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.

NAI Realvest Negotiates $1.2 Million User Sale of Industrial Building at 33rd Street Industrial Park in Orlando

ORLANDO, Fla. — NAI Realvest recently negotiated a $1,200,000 sale price for the freestanding industrial building at 4493 6^th St. in the 33^rd Street Industrial Park off L.B. McLeod Rd. in south Orlando.

Jason G. Toll MiCP, director of industrial services at NAI Realvest, negotiated the transaction on behalf of the local seller Thomas Properties, LLC.

Orlando-based Muto Enterprises purchased the building which was built in 1985 and formerly housed an aerospace company.  Muto will operate its expanding wholesale paint and paint supplies business at the facility with 13,300 useable square feet situated on 0.72 acres.  Michael Cliggitt of Cliggitt Realty represented the buyer.

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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. 

Lincoln Property Company Completes Multi-Year Office and Flex Leases for Expanding Enterprises at SunTech Commerce Park

LAKE MARY / ORLANDO,  Fla. – Lincoln Property Company, a full service commercial real estate firm, completed two long-term lease agreements totaling more than 9,308 rentable square feet at Lake Mary’s SunTech Commerce Park.

Sean DuPree CCIM, Broker at Lincoln Property Company, negotiated both transactions representing RCS-Suntech, LLC of Louisville, CO., landlord for the six building, office /flex campus. 

Terminix International Company Limited Partnership is the new tenant in the 55 Skyline Drive building.  The leading U.S. provider of residential and commercial pest control leased 5,971 square feet of office/flex space for its expanding regional operations.  

The new tenant in the 41 Skyline Drive building is Nectars Pet, Inc., an expanding pet food distributor who leased 3,337 square feet.

DuPree handles the leasing on behalf of the owner of SunTech Commerce Park with a total of 224,358 rentable square feet. 

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For more information contact

Sean DuPree, CCIM, Director of Sales/Leasing, Lincoln Property Company 407-872-3500 sdupree@lpc.com

Larry Vershel or Beth Payan, Larry Vershel Communications Inc. Lvershelco@aol.com 407-644-4142

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.   

Mixed-Use Commercial Sites Ready at Halifax Town Center ‒ DIX Development’s I-95 Interchange Property in Ormond Beach

Ormond Beach, Fla. --- Halifax Town Center, a mixed-use development located along a high-impact growth corridor between Daytona Beach and Halifax Plantation, is being aggressively marketed for DIX Development by Orlando-based Stirling International Real Estate.

The property is situated at the southeast quadrant of the prime Interstate 95 interchange at Old Dixie Highway.  The developer’s preliminary concept plans show uses including a hotel, apartments, town homes, assisted living facility, waterfront restaurants and medical/professional offices.       

James Dicks CEO of DIX Developments said “the 53-acre Halifax Town Center is part of the golf course community Halifax Plantation in Volusia County with an Ormond Beach address.  The property is just minutes from the Atlantic Ocean and intercoastal waterway in Ormond Beach.”

“Halifax Town Center offers many development opportunities in a market area that includes two major golf communities - Halifax Plantation and Plantation Bay with over 4,000 homes and thousands more to come,” said Dicks. “We have been investing in central Florida real estate for generations and we remain committed to the central Florida market place for years to come.”

The fully developed site with storm water retention, surfaced roadways and utilities, is ready for immediate construction and is being marketed globally by John Kurtz and the Stirling International Real Estate team.   

The total construction value of the project is estimated at more than $75 million.  

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NAI Realvest Negotiates Two Leases in Lake Mary, East Orlando With Expanding Construction Company, Software Developer

LAKE MARY / ORLANDO --- Mary Frances West, CCIM Vice President at NAI Realvest recently negotiated two lease agreements for Class A office space in Lake Mary and East Orlando.

West represented Landlord Interchange-FL Rouse, LLC in a new lease of 1,380 rentable square feet at University Court, 3361 Rouse Rd. near UCF in East Orlando.  Software developer The System Source, Inc. is the new tenant. 

The Adjutant Group, LLC renewed its lease and expanded into additional space for a total of 2,502 rentable square feet at Primera Court II, 735 Primera Blvd. Lake Mary.  Tenant provides construction services throughout the southeast.   West negotiated the transaction on behalf of Landlord Interchange Primera Court II, LLC of Daytona Beach. 

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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. 

NAI Realvest Negotiates $2.3 Million Sale of Retail Building by Florida Mall

ORLANDO, Fla. – NAI Realvest recently closed the sale of the 18,714 square foot retail building at 1401 Florida Mall Ave. adjacent to the Florida Mall in South Orlando for $2,300,000.00.

NAI Realvest principals Kevin O'Connor and Matt Cichocki negotiated the sale of the former fabric store on behalf of the Las Vegas-based seller, Katz & Katz, LLC. 

The buyer Iqbal Investments of Windermere, Fla. plans to renovate the building for operation of a retail store.    Imran Nazer of premium Realty Advisors, LLC represented buyer in the transaction.

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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 400 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.  

Blackton Awarded Contract from KB Home to Provide Building Materials at Sawgrass Bay in Clermont

CLERMONT, Fla. --- Blackton, Inc., a major provider of building materials for the home building industry, recently earned a contract from KB Home worth an estimated $1.2 million.

Micky Blackton, chief executive officer of Blackton, Inc., said the family owned firm will provide roofing, carpet and tile to KB Home’s new home community at Sawgrass Bay located off U.S. Highway 27 in Clermont.

“Our contract covers 150 new homes at Sawgrass Bay,” Blackton said. “Construction of models will get underway this summer.”  

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