Tuesday, March 5, 2019

Towns at White Cedar in Sanford Gets Ready for Opening-- M/I Homes’ Model Underway at New Community Near SunRail

Towns at White Cedar elevation

SANFORD, Fla. --- M/I Homes has a model underway at Towns at White Cedar, its newest community of 155 townhomes located on White Cedar Rd. slightly south of SR 46 and one mile west of the SunRail Station in historic Sanford. 

The gated community, spanning 19 acres will begin sales this Spring of new three- and four-bedroom townhomes with 2-½ to 3½ baths, priced from $230,000 to $300,000 according to M/I Homes Area President David Byrnes.

M/I’s townhome floor plans will range from 1,379 square feet of living area to 1,846 square feet.
Historic downtown Sanford and Seminole Town Center with restaurants and entertainment venues are minutes from this community, along with Rinehart Rd. which offers easy access to the Lake Mary job corridor. 

Towns at White Cedar’s close proximity to SR 46 provides quick access to I-4 and the Greeneway Expressway that lead to all Orlando has to offer including international airports.

“This community offers security and privacy for commuters to metro Orlando and the Daytona Beach area,” Byrnes said, adding “Homeowners won’t have to sacrifice quality for value and convenience.”  

The model will be completed and ready for touring in early June and a community pool and cabana will get underway by May.
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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.


Lincoln Property Company Seeking Retail Tenants at Apopka’s New Gateway Plaza Going Up Soon at High Profile Intersection


Apopka / Orlando, Fla. --- Gateway Plaza in the growing Apopka submarket is well underway on the northwest corner of Rock Spring and Lester Roads.  Lincoln Property Company is seeking a wide variety of retail, restaurant as well as medical and office tenants.

The development is in the pre-leasing phase and will break ground during Q2 of this year.   Delivery of the product is slated for Q1 of 2020.
Gateway Plaza

The four-building plaza totaling more than 32,000 square feet situated on 3.37± acres is being developed by VBRO Group in a rapidly developing area surrounded by numerous growing residential communities.

Matthew Weinberger of LPC, broker for the property, said Gateway Plaza will ignite a long-time effort by residential developers and Apopka for more sustainable economic development in northern Apopka.   

Weinberger is in negotiations with several retail tenants and other commercial users for the plaza’s various space configurations that can be leased starting at 1,500 square feet.  Two of the buildings have drive-thru potential, he said.
 
Gateway Plaza, creating more employment opportunities for the area, is just up the street from an established retail area – the major intersection of Rock Spring and Welch Roads, and minutes from Wekiva Springs State Park.

“Because of its location, Gateway Plaza will fill up quickly in this rapidly growing area surrounded by residential developments creating a demand for retail and medical office space,” said Weinberger

Gateway Plaza is convenient to major arterial highways including U.S. 441 and SR 429 (Western Beltway) interchange.   The property is also less than 10 miles from I-4 and SR 434 providing easy access to Longwood, Altamonte Springs, Maitland and all of metro Orlando.

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About Lincoln Property Southeast

Lincoln Property 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.




Friday, February 8, 2019

NAI Realvest Team Brokers $8.4 Million Investment Sale of Poinciana CommerCenter East

Poinciana CommerCenter East

Kissimmee, Fla. --  Orlando-based NAI Realvest closed on the $8.4 Million sale of Poinciana CommerCenter East  at 1701-1829 Business Center Lane in Kissimmee – the last industrial project completed by the distinguished Maitland-based developer Small Bay Partners.

NAI Realvest Principals Michael Heidrich, Kevin O’Connor and Matt Cichocki brokered the transaction on behalf of the seller Small Bay Partners, LLC and the buyer, Orlando-based Hanover Poinciana Commercial LLC, an investor who also owns the adjacent property.

Phase I of Poinciana CommerCenter East opened in late 2009.  Phase 2 was completed in early 2017.  The five-building campus with a total of 96,528 square feet of  office/industrial/retail/showroom space on 6.42 acres is located on US 17-92/Orange Blossom Trail just east of its intersection with Poinciana Blvd.  It was 90 percent occupied at the time of the sale.  Tenants include Osceola County, Massey Services and Anytime Fitness.    

Since 2001 Small Bay Partners developed, leased, managed, and sold five “CommerCenters” in Winter Garden, Orlando, Sanford and Kissimmee. The principals, including the late NAI Realvest Founder and Chairman George Livingston, real estate veterans Heidrich, Howard Scheiferdecker and banker Geof Longstaff, successfully predicted a need to target industrial users of from 2,000 to 25,000 square feet.

The new owner has engaged NAI Realvest to continue property management and leasing services. 
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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.


Monday, February 4, 2019

Patrick J. Brazil of NAI Realvest Named Winter Park Chamber’s 2018 Ambassador of The Year

Winter Park, Fla. – Patrick J. Brazil, Sales Associate for the Hospitality Division at NAI Realvest was recently named the Winter Park Chamber of Commerce 2018 Ambassador of the Year during the Chamber’s recent Annual Dinner at Mead Botanical Gardens.
Patrick J. Brazil being presented with the Winter Park
Chamber of Commerce 2018 Ambassador of the Year
 Award by Chamber President Betsy Gardner Eckbert
(Left) and past Board Chair Jana Ricci

Brazil, who has been a Winter Park Chamber Ambassador for two years, was among three selected by chamber staff from approximately 25 Ambassadors. The Board of Directors and Trustees selected Brazil for the Ambassadors top honor.

The Winter Park Chamber of Commerce is one of the largest chambers in the region with more than 830 members.

Monday, January 28, 2019

M/I Homes Starts First Model Home at Reserve at Pine Tree in St. Cloud Sales Launching Feb. 7


St. Cloud, Fla. -- M/I Homes has its first model home under construction at Reserve at Pine Tree.  Sales will get underway Feb. 7 at the homebuilder’s new gated community located on Pinetree Rd., a quarter mile south of Canoe Creek Rd. in Saint Cloud
Capistrano II model

David Byrnes, area president in the Orlando region, said M/I will build 105 single-family homes at Reserve at Pine Tree that range from 1,520 square feet of living area to 3,032 square feet.   All homesites are 50-feet wide and some are located on ponds or cul-de-sacs.  Site development is expected to be complete in March.

Byrnes said the model that will be finished, decorated and ready for viewing in March is the homebuilder’s popular Capistrano II.   The 2,092 square foot home is a spacious four-bedroom, two-bath design with a covered lanai and a two-car garage.

Four and five bedroom homes in one and two-story designs on the 50-foot lots are expected to be priced from $250,000 to $340,000, including a 15-year structural warranty. 

Reserve at Pine Tree offers a family friendly community resort-style pool with cabana and a location that’s convenient to major shopping, attractions and employment centers.

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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 sold over 110,000 homes.  The Company’s homes are marketed and sold primarily under the trade names M/I Homes and Showcase Collection (exclusively by M/I Homes), and also currently are sold under the name Hans Hagen Homes in the Minneapolis/St. Paul, Minnesota market and Pinnacle Homes in the Detroit, Michigan market.  The Company has homebuilding operations in Columbus and Cincinnati, Ohio; Indianapolis, Indiana; Chicago, Illinois; Minneapolis/St. Paul, Minnesota; Detroit, Michigan; Tampa, Sarasota and Orlando, Florida; Austin, Dallas/Fort Worth, Houston and San Antonio, Texas; Charlotte and Raleigh, North Carolina; and the Virginia and Maryland suburbs of Washington, D.C.



NAI Realvest Negotiates Build-to-Suit Lease with Operating Daycare in St. Cloud


  
ST. CLOUD, Fla. -- Veronica Malolos, Osceola Broker at Orlando-based NAI Realvest, recently completed a build-to-suit lease with Kid City, USA, a local operating daycare.  The property is a 9,000 square foot single tenant building on an outparcel of a new Walmart Neighborhood Market located on W. New Nolte Rd. in St. Cloud.  
Veronica Malolos
Malolos brokered the transaction representing Jacksonville-based retail developer Joyce Development Group, LLC.   The daycare, along with Heartland Dental on an adjacent outparcel, will be complete and ready to open at the Nolte Road retail development this summer.
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Kid City USA proposed layout

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 Closes Two Commercial Land Sales within 30 Days Totaling $2.155 Million -- Two New Racetrac Stores Opening This Year

ORLANDO, Fla. – NAI Realvest, based in Orlando, negotiated the sales of two vacant commercial land parcels that will soon be new state-of-the-art Racetrac gas and convenient stores in Apopka and Oviedo. The two separate transactions totaled $2,155,000 and closed within 30 days of each other.

Jason G. Toll, MiCP, Director at NAI Realvest, brokered the $905,000 sale of 1102 Hermit Smith Rd., in Apopka on behalf of the seller, Zellwood Properties, LLC of Altamonte Springs and the buyer Atlanta-based Racetrack Petroleum, Inc. The new Apopka Racetrac is slated to open in the spring at the 2.45-acre site at the interchange of the new SR 429 (Wekiva Parkway) and US 441.

A few weeks later Racetrac Petroleum, Inc. purchased 4.7 acres at 1999 Slavia Rd. at the corner of Red Bug Lake Rd. in Oviedo. Toll, along with NAI Realvest principals Kevin O’Connor and Matt Cichocki, brokered the $1,250,000 deal between RaceTrac and the property owners who were approached with an unsolicited offer that was accepted. The Oviedo Racetrac is scheduled to open in the 4th quarter of this year.
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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 Names Patrick Brazil Sales Associate



ORLANDO, Fla. --- NAI Realvest, one of central Florida’s largest commercial real estate services companies, has named Patrick J. Brazil as Sales Associate specializing in the hospitality industry.
Patrick Brazil
Robin Webb, managing director at NAI Realvest, said Brazil will focus on hotel brokerage, investment and development both in Florida and internationally.  

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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.

Friday, January 18, 2019

Lincoln Property Co Negotiates Multi-Year Lease for Craft Beer Production, Sales, Distribution at Parkway Business Center in Longwood



ORLANDO/ LONGWOOD, Fla.Lincoln Property Company Southeast, a full service commercial real estate firm based in Orlando, recently completed a new multi-year lease for 2,625 rentable square feet of flex space at Parkway Business Center, 556 Florida Central Parkway, in Longwood.
Sean DuPree, CCIM, Broker negotiated the transactions on behalf of the Landlord Parkway Business Center, LLC
The tenant, Bowigens Beer Company, LLC, is the operator of a small neighborhood craft beer taproom located at a shopping plaza in Casselberry.  They will use the Longwood location for production, sales and distribution of their craft beer for large orders and special events.  Charles Rutenberg Realty represented the tenant.

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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.



Tuesday, January 15, 2019

Blackton, Inc. to Provide Flooring Products Worth nearly$3 million for Victoria Oaks Community in DeLand



Orlando / DeLand, Fla. --- Blackton Inc., the Orlando firm that ranks as one of Central Florida’s largest distributors of materials to homebuilders has been selected as the supplier of  flooring at Victoria Oaks, a D.R Horton community in DeLand.

Michael “Micky” Blackton, chief executive officer, said his firm will provide an estimated $3 million worth of flooring materials in the construction of some 590 single-family homes at Victoria Oaks, D.R. Horton’s newest community in DeLand located on East Taylor Rd. just east of U.S. Highway 17-92.    
Blackton, Inc., a family owned business headquartered on Alden St. near Ivanhoe Row north of downtown Orlando, has been supplying the home building industry from Jacksonville to Tampa for 65 years.
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