ORLANDO, Fla. --- Crossman & Company, one of the largest third-party retail leasing and management firms in the Southeast, presented the bi-annual ICSC Spring Florida Retail Report at the ICSC West Florida Idea Exchange in Tampa recently. Crossman & Company has produced the report on behalf of ICSC for the past 15 years. The report includes contributions from over 45 separate companies throughout the state.
“We have seen a return to stability in the market in the first half of 2010,” said Justin Greider, the primary author of the report. “In nearly every market of the state we have seen the freefall of rents and occupancy leveling off, indicating we may have found the bottom of the market, though significant challenges still remain for owners and retailers alike.”
The report notes that rental rates for the entire state average $14.27 for year-end 2010, down nearly 15 percent from the peak in the first quarter of 2008. Occupancy has leveled off at 89 percent, a decrease of about 6 percent from its peak in 2006.
“The outlook for the next 6-12 months is one of cautious optimism,” Greider said, “People throughout the state are very positive, but the recovery is going to be long and slow, and there is still a lot of over-valued product that has to work its way through the system.”
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For more information, contact:Justin M Greider, Vice President – Director of Leasing, Crossman & Company, ICSC Southern Division NextGen Chair, 407-581-6225John Crossman, CCIM, President, Crossman & Company, 407-581-6218, jcrossman@crossmanco.com;Molly Delahunty, Crossman & Company, 407-581-6220 mdelahunty@crossmanco.com
Showing posts with label 2010. Show all posts
Showing posts with label 2010. Show all posts
Friday, February 25, 2011
Hendricks & Partners Reports Sales of 3,302 Apartment Units in 2010
ORLANDO - The Orlando office of Hendricks & Partners, the nation’s largest multi-family advisory and research firm, reported it negotiated sales of 10 apartment properties in 2010 that total 3,302 units in the Southeast.
Cole Whitaker, partner who heads the Orlando office of Hendricks & Partners and oversees the firm’s operations throughout the Southeast, said he and associate partner Hal Warren negotiated all 10 multi-family property sales as well as sales of three Florida development sites that total 402 acres.
Multi-family property sales included two student housing properties, Whitaker said.
“We project that transactions involving apartment properties will increase in 2011 as the economy improves,” Whitaker said.
“We don’t foresee significant new construction region-wide,” Whitaker said, “however, in certain submarkets in the southeast, it makes sense to consider new multi-family development and we expect to see some new construction,” he said.
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For more information contact: Cole Whitaker, Southeast Partner, Hendricks & Partners 407-218-8880 cwhitaker@HPAPTS.com; Hal Warren, Associate Partner, Hendricks & Partners 407-218-8881 hwarren@HPAPTS.com
Cole Whitaker, partner who heads the Orlando office of Hendricks & Partners and oversees the firm’s operations throughout the Southeast, said he and associate partner Hal Warren negotiated all 10 multi-family property sales as well as sales of three Florida development sites that total 402 acres.
Multi-family property sales included two student housing properties, Whitaker said.
“We project that transactions involving apartment properties will increase in 2011 as the economy improves,” Whitaker said.
“We don’t foresee significant new construction region-wide,” Whitaker said, “however, in certain submarkets in the southeast, it makes sense to consider new multi-family development and we expect to see some new construction,” he said.
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For more information contact: Cole Whitaker, Southeast Partner, Hendricks & Partners 407-218-8880 cwhitaker@HPAPTS.com; Hal Warren, Associate Partner, Hendricks & Partners 407-218-8881 hwarren@HPAPTS.com
Thursday, February 10, 2011
Data Transfer Solutions Reports Revenues, Sales More Than Doubled in 2010
ORLANDO, Fla. --- Data Transfer Solutions, LLC (DTS), based in Orlando’s Avalon Park, reported sales and revenues in 2010 doubled from 2009.
A.M. “Trey” Fragala III, AICP, PMP, chief operating officer at Data Transfer Solutions, said the firm reported $5 million in new sales in 2009. Sales in 2010 topped $11 million.
Among the larger projects from 2010, DTS developed a statewide environmental management system for the Tennessee Department of Transportation, conducted a 4,800 mile assessment of the city’s pavement and other related assets for the City of Charlotte, NC and deployed a statewide cultural resource and archeological management system for the State of Utah.
Moreover in 2010, DTS outfitted a second generation of its mobile asset collection (MAC) vehicle with the latest in digital video, GPS and pavement data collection equipment. The MAC 2.0 vehicle traveled from one end of the country to the other, performing projects in Oregon, Washington, North Carolina and Florida. Currently the van is collecting data in San Antonio, Texas and will then move to Albuquerque, New Mexico.
Data Transfer Solutions now has eight offices including Orlando, San Antonio, Dallas, Nashville, Fort Collins, Colo., Washington D.C., Portland, Ore., as well as Zurich, Switzerland.
Fragala said due to some recent project awards in the southwest, the company may be looking to open another regional office later in the year in either New Mexico or Arizona.
DTS provides asset management, Geographic Information Systems (GIS), transportation planning/engineering, web design, database/software applications, and video and multi media production services to local governments and regional and state agencies throughout the U.S.
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For more information, contact: A. M. “Trey” Fragala, III, AICP, PMP, Chief Operating Officer, Data Transfer Solutions, 3680 Avalon Park East Blvd., Suite 200, Orlando, FL 32828; 407-382-5222; tfragala@edats.com
A.M. “Trey” Fragala III, AICP, PMP, chief operating officer at Data Transfer Solutions, said the firm reported $5 million in new sales in 2009. Sales in 2010 topped $11 million.
Among the larger projects from 2010, DTS developed a statewide environmental management system for the Tennessee Department of Transportation, conducted a 4,800 mile assessment of the city’s pavement and other related assets for the City of Charlotte, NC and deployed a statewide cultural resource and archeological management system for the State of Utah.
Moreover in 2010, DTS outfitted a second generation of its mobile asset collection (MAC) vehicle with the latest in digital video, GPS and pavement data collection equipment. The MAC 2.0 vehicle traveled from one end of the country to the other, performing projects in Oregon, Washington, North Carolina and Florida. Currently the van is collecting data in San Antonio, Texas and will then move to Albuquerque, New Mexico.
Data Transfer Solutions now has eight offices including Orlando, San Antonio, Dallas, Nashville, Fort Collins, Colo., Washington D.C., Portland, Ore., as well as Zurich, Switzerland.
Fragala said due to some recent project awards in the southwest, the company may be looking to open another regional office later in the year in either New Mexico or Arizona.
DTS provides asset management, Geographic Information Systems (GIS), transportation planning/engineering, web design, database/software applications, and video and multi media production services to local governments and regional and state agencies throughout the U.S.
* * *
For more information, contact: A. M. “Trey” Fragala, III, AICP, PMP, Chief Operating Officer, Data Transfer Solutions, 3680 Avalon Park East Blvd., Suite 200, Orlando, FL 32828; 407-382-5222; tfragala@edats.com
Friday, April 16, 2010
Volusia County Law Firm Employees Participate in American Cancer Society's Annual Relay for Life Walk
PORT ORANGE – Nearly a dozen employees from the personal-injury law firm of Rue & Ziffra will take part in the 2010 “Relay for Life of Port Orange” on April 30.
The walk, an annual event to raise funds and awareness for the American Cancer Society, will begin at 5 p.m. at the City Center Complex, 1000 City Center Circle.
The 18-hour relay – one of many being held throughout the state – consists of those who have cancer, those who are remembering loved ones and others who are fighting back against the disease.
Other highlights of the event will be the inspirational Survivors’ Lap and a candlelight ceremony.
Lynne Cheekv, a case manager for the Port Orange-based firm, will serve as captain for the Rue & Ziffra team.
“We’re honored to have Lynne lead our group this year,” firm President Allan Ziffra said.
“Community service is no stranger to her as she’s chaired other service committees and received a community leadership award from the Volusia Council of Governments for her work.”
Ziffra said his firm raised around $4,000 last year for the American Cancer Society. “We hope to top that this year.”
About Rue & Ziffra:
Founded by John D. Rue and Allan L. Ziffra, the personal-injury law firm of Rue & Ziffra has served the Central Florida community for more than 30 years. The firm’s commitment to its profession and its clients has earned it a reputation as one of the top personal-injury law firms in Central Florida. Known for handling everything from automobile and motorcycle accidents to medical malpractice, wrongful death, and social security and disability cases, Rue & Ziffra has recovered millions of dollars for injured clients and their families. With a staff of nine attorneys, the firm maintains offices in Port Orange and Orange City.
For more information about this release, please contact:
Allan L. Ziffra, President, Rue & Ziffra, 386-788-7700 or allanz@rueziffra.com; Shane Snipes, Promotions/Advertising Director, Rue & Ziffra, 386-788-7700 or shanes@rueziffra.com; Charlene Hager-Van Dyke, Larry Vershel Communications, 386-532-8862, 407-644-4142 or chagervandyke@yahoo.com
The walk, an annual event to raise funds and awareness for the American Cancer Society, will begin at 5 p.m. at the City Center Complex, 1000 City Center Circle.
The 18-hour relay – one of many being held throughout the state – consists of those who have cancer, those who are remembering loved ones and others who are fighting back against the disease.
Other highlights of the event will be the inspirational Survivors’ Lap and a candlelight ceremony.
Lynne Cheekv, a case manager for the Port Orange-based firm, will serve as captain for the Rue & Ziffra team.
“We’re honored to have Lynne lead our group this year,” firm President Allan Ziffra said.
“Community service is no stranger to her as she’s chaired other service committees and received a community leadership award from the Volusia Council of Governments for her work.”
Ziffra said his firm raised around $4,000 last year for the American Cancer Society. “We hope to top that this year.”
About Rue & Ziffra:
Founded by John D. Rue and Allan L. Ziffra, the personal-injury law firm of Rue & Ziffra has served the Central Florida community for more than 30 years. The firm’s commitment to its profession and its clients has earned it a reputation as one of the top personal-injury law firms in Central Florida. Known for handling everything from automobile and motorcycle accidents to medical malpractice, wrongful death, and social security and disability cases, Rue & Ziffra has recovered millions of dollars for injured clients and their families. With a staff of nine attorneys, the firm maintains offices in Port Orange and Orange City.
For more information about this release, please contact:
Allan L. Ziffra, President, Rue & Ziffra, 386-788-7700 or allanz@rueziffra.com; Shane Snipes, Promotions/Advertising Director, Rue & Ziffra, 386-788-7700 or shanes@rueziffra.com; Charlene Hager-Van Dyke, Larry Vershel Communications, 386-532-8862, 407-644-4142 or chagervandyke@yahoo.com
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