TAMPA, Fla. --- Ashton Woods Homes has opened a new single-family model home and started construction of two ready-to-move-in homes at Grand Hampton, located on Dunham Station Drive off County Line Rd. west of Bruce B. Downs Blvd. in New Tampa.
Michael Roche, vice president of sales and marketing at Ashton Woods Homes in the Tampa Bay region, said the two story Oxford model home offers four bedrooms and three-and-a-half baths, 2,822 square feet of living space with a two-car garage.
The Oxford model home features a large front porch with columns, formal living and dining rooms and large open family room and kitchen with optional island.
Two ready-to-move-in homes — one with three bedrooms and one with four — will open in April priced from $219,900, Roche said.
Grand Hampton features a community clubhouse with multi-use aquatic center, tennis and basketball courts, park areas and lakes.
Ashton Woods Homes is a subsidiary of the Great Gulf Group of companies, a North American real estate conglomerate headquartered in Toronto, and currently has communities under development in Austin, Houston, Dallas, Atlanta, Raleigh, Phoenix, Tampa, Denver and Orlando. * * *
For more information, contact:Michael Roche, VP Sales & Marketing Ashton Woods Homes Tampa 407-647-3700; John Reny, President, Ashton Woods Homes Tampa 407-647-3700
Showing posts with label Bay. Show all posts
Showing posts with label Bay. Show all posts
Friday, February 25, 2011
Friday, August 13, 2010
Grubb & Ellis|Commercial Florida Sees Faint Signs of Economic Recovery in Tampa Bay Region Quarterly Office Report
TAMPA - It’s not time to call out the marching bands, but second quarter results in the Grubb & EllisCommercial Florida Quarterly Office Trends Report for the Tampa Bay region spotted some local economic data that’s been missing for more than two years – positive absorption of office space.
Patrick Kelly, managing director of Grubb & EllisCommercial Florida in Tampa, said the Office Trends Report – an in-depth quarterly survey of office leasing and sales activities from Manatee County to Polk, including Hillsborough and Pinellas submarkets – showed positive absorption of office space in one Pinellas submarket and in all but one of the Hillsborough submarkets during the quarter.
“Market activity has clearly picked up,” Kelly said.
“It’s too early to call this a trend and the net numbers are small, but second quarter results fall on the positive side of the chart for the first time in the past 10 quarters,” Kelly said.
Positive absorption results when total square footage leased by tenants outpaces new construction. The Second Quarter Grubb & EllisCommercial Florida Quarterly Office Trends Report found only one major project under construction – an 88,000 square foot facility in the northeast Tampa submarket.
The Tampa Bay region posted an overall vacancy rate of 19.5 percent, up slightly from the first quarter results. Vacancy rates range from a high of 40 percent in the Pinellas County Bayside submarket, to a promising 10.6 percent in South Tampa. Tampa’s Central Business District posted a vacancy rate of 19.7 percent and Tampa’s Westshore submarket posted 21.9 percent vacancies.
Developers typically look for sustained vacancy in the 7-10 percent range before planning new construction, and that will take some time.
“But there’s a lot of silver lining,” Kelly explained. “Tenants are value shopping. That’s a big step forward. Some of them are relocating, a sign of market velocity,” he said.
Kelly said the spread between historical rents and discounted rents is luring innovators into the market. “Especially in Class B and Class C facilities, we’re seeing entrepreneurs come back into the market with new business plans,” Kelly said.
“These startups are the underpinning of our entire economy and we need to nurture them with appropriate incentives,” Kelly said.
About Grubb & EllisCommercial Florida: Grubb & EllisCommercial Florida is an affiliated commercial real estate services firm specializing in the leasing and sale of office, industrial, retail, land and investment properties. Currently Grubb & EllisCommercial Florida has 30 brokers divided among its Tampa, Orlando and Melbourne offices which serve the entire mid-Florida marketplace.
About Grubb & Ellis: Grubb & Ellis Company (NYSE:GBE) is one of the largest and most respected commercial real estate services and investment companies in the world. Our 6,500 professionals in more than 100 company owned and affiliate offices draw from a unique platform of real estate services, practice groups and investment products to deliver comprehensive, integrated solutions to real estate owners, tenants and investors. The firm’s transaction, management, consulting and investment services are supported by highly regarded proprietary market research and extensive local expertise. Through its investment subsidiaries, the company is a leading sponsor of real estate investment programs that provide individuals and institutions the opportunity to invest in a broad range of real estate investment vehicles, including public non-traded real estate investment trusts (REITs), mutual funds and other real estate investment funds. For more information, visit www.grubb-ellis.com.
Patrick Kelly, managing director of Grubb & EllisCommercial Florida in Tampa, said the Office Trends Report – an in-depth quarterly survey of office leasing and sales activities from Manatee County to Polk, including Hillsborough and Pinellas submarkets – showed positive absorption of office space in one Pinellas submarket and in all but one of the Hillsborough submarkets during the quarter.
“Market activity has clearly picked up,” Kelly said.
“It’s too early to call this a trend and the net numbers are small, but second quarter results fall on the positive side of the chart for the first time in the past 10 quarters,” Kelly said.
Positive absorption results when total square footage leased by tenants outpaces new construction. The Second Quarter Grubb & EllisCommercial Florida Quarterly Office Trends Report found only one major project under construction – an 88,000 square foot facility in the northeast Tampa submarket.
The Tampa Bay region posted an overall vacancy rate of 19.5 percent, up slightly from the first quarter results. Vacancy rates range from a high of 40 percent in the Pinellas County Bayside submarket, to a promising 10.6 percent in South Tampa. Tampa’s Central Business District posted a vacancy rate of 19.7 percent and Tampa’s Westshore submarket posted 21.9 percent vacancies.
Developers typically look for sustained vacancy in the 7-10 percent range before planning new construction, and that will take some time.
“But there’s a lot of silver lining,” Kelly explained. “Tenants are value shopping. That’s a big step forward. Some of them are relocating, a sign of market velocity,” he said.
Kelly said the spread between historical rents and discounted rents is luring innovators into the market. “Especially in Class B and Class C facilities, we’re seeing entrepreneurs come back into the market with new business plans,” Kelly said.
“These startups are the underpinning of our entire economy and we need to nurture them with appropriate incentives,” Kelly said.
About Grubb & EllisCommercial Florida: Grubb & EllisCommercial Florida is an affiliated commercial real estate services firm specializing in the leasing and sale of office, industrial, retail, land and investment properties. Currently Grubb & EllisCommercial Florida has 30 brokers divided among its Tampa, Orlando and Melbourne offices which serve the entire mid-Florida marketplace.
About Grubb & Ellis: Grubb & Ellis Company (NYSE:GBE) is one of the largest and most respected commercial real estate services and investment companies in the world. Our 6,500 professionals in more than 100 company owned and affiliate offices draw from a unique platform of real estate services, practice groups and investment products to deliver comprehensive, integrated solutions to real estate owners, tenants and investors. The firm’s transaction, management, consulting and investment services are supported by highly regarded proprietary market research and extensive local expertise. Through its investment subsidiaries, the company is a leading sponsor of real estate investment programs that provide individuals and institutions the opportunity to invest in a broad range of real estate investment vehicles, including public non-traded real estate investment trusts (REITs), mutual funds and other real estate investment funds. For more information, visit www.grubb-ellis.com.
Friday, July 9, 2010
Lennar appoints three veteran sales associates to focus on new home sales in Active Adult Communities
TAMPA - Lennar’s Central Florida Division has appointed three veteran sales associates to focus on new home sales in two of Lennar’s active adult communities in the Tampa Bay region.
Mark Metheny, president of Lennar’s Central Florida Division, said new home sales associates Ken Webb, Harry Miklas and Jeff Hastings will concentrate on sales of new two and three-bedroom homes priced from the $120s at Cascades at Southern Hills in Brooksville and Tampa Bay Golf & Country Club in San Antonio in Pasco County.
Hastings earned his B.S. Degree in Architecture from Fairmont State University in West Virginia. He formerly served as regional director of purchasing for Kimball Hill Homes in Florida.
Miklas is a Florida licensed real estate broker who has more than 25 years of experience as a new home sales associate and sales manager. He also has general real estate experience and holds a Florida series 6 Insurance license.
Webb, who attended St. Petersburg College in Tarpon Springs, has more than 10 years of experience in new home sales with D.R. Horton, M/I Homes and US Home/Lennar.
Visit www.Lennar.com.
For more information, contact: Francine Miller, Director of Sales & Marketing Lennar-Tampa Region, 727-479-1747; Francine.Miller@Lennar.com; Mark Metheny, Lennar Division President-Central Florida, 727-479-1700
Mark Metheny, president of Lennar’s Central Florida Division, said new home sales associates Ken Webb, Harry Miklas and Jeff Hastings will concentrate on sales of new two and three-bedroom homes priced from the $120s at Cascades at Southern Hills in Brooksville and Tampa Bay Golf & Country Club in San Antonio in Pasco County.
Hastings earned his B.S. Degree in Architecture from Fairmont State University in West Virginia. He formerly served as regional director of purchasing for Kimball Hill Homes in Florida.
Miklas is a Florida licensed real estate broker who has more than 25 years of experience as a new home sales associate and sales manager. He also has general real estate experience and holds a Florida series 6 Insurance license.
Webb, who attended St. Petersburg College in Tarpon Springs, has more than 10 years of experience in new home sales with D.R. Horton, M/I Homes and US Home/Lennar.
Visit www.Lennar.com.
For more information, contact: Francine Miller, Director of Sales & Marketing Lennar-Tampa Region, 727-479-1747; Francine.Miller@Lennar.com; Mark Metheny, Lennar Division President-Central Florida, 727-479-1700
Tuesday, June 22, 2010
Ashton Woods Homes Appoints Lisa Hower Sales Associate at the Landings in South Tampa
TAMPA - Ashton Woods Homes has appointed Lisa Hower a sales associate at The Landings, located off Interbay and Westshore Blvds. in south Tampa.
Mike Roche, vice president of sales and marketing at Ashton Woods Homes in the Tampa Bay region, said Hower has more than four years of experience in new home sales.
Ashton Woods Homes is building 35 three, four and five bedroom single-family homes priced from under $200,000 at The Landings.
Ashton Woods Homes is a subsidiary of the Great Gulf Group of companies, a North American real estate conglomerate headquartered in Toronto, and currently has communities under development in Houston, Dallas, Atlanta, Phoenix, Tampa, Denver and Orlando. Visit www.ashtonwoodshomes.com.
For more information, contact: Michael Roche, VP Sales & Marketing Ashton Woods Homes Tampa-Orlando 407-647-3700; John Reny, President, Ashton Woods Homes Tampa-Orlando 407-647-3700
Mike Roche, vice president of sales and marketing at Ashton Woods Homes in the Tampa Bay region, said Hower has more than four years of experience in new home sales.
Ashton Woods Homes is building 35 three, four and five bedroom single-family homes priced from under $200,000 at The Landings.
Ashton Woods Homes is a subsidiary of the Great Gulf Group of companies, a North American real estate conglomerate headquartered in Toronto, and currently has communities under development in Houston, Dallas, Atlanta, Phoenix, Tampa, Denver and Orlando. Visit www.ashtonwoodshomes.com.
For more information, contact: Michael Roche, VP Sales & Marketing Ashton Woods Homes Tampa-Orlando 407-647-3700; John Reny, President, Ashton Woods Homes Tampa-Orlando 407-647-3700
Tuesday, April 13, 2010
Lennar to Host Grand Opening April 24 to Showcase New Three and Four bedroom Homes in final phase at Tampa Bay Golf & Country Club
TAMPA - Lennar will host a grand opening April 24 at Tampa Bay Golf & Country Club, located in Pasco County off S.R. 52 at I-75 on Old Tampa Bay Drive in San Antonio.
Mark Metheny, president of Lennar’s Central Florida Division, said Lennar plans to showcase the final phase at Tampa Bay Golf & Country Club where the homebuilder plans to build new single-family homes priced from the low $140s.
New Lennar homes at Tampa Bay Golf & Country Club will range in size from 1,350 square feet of living space to 2,400 square feet on 50, 65 and 75-foot home sites.
The landmark active adult community features one of the region’s most popular golf courses and pro shops, along with a community clubhouse, on-site activities directors and its own TV Channel 95, Metheny said.
“Tampa Bay Golf & Country Club practically defines active adult living in the Tampa Bay region,” Metheny said. “It’s a thriving community with a wide range of amenities and activities every day,” he said.
* * *
For more information, contact:
Francine Miller, Director of Sales & Marketing Lennar-Tampa Region, 727-479-1747; Francine.Miller@Lennar.com; Mark Metheny, Lennar Division President-Central Florida, 727-479-1700; Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142
Mark Metheny, president of Lennar’s Central Florida Division, said Lennar plans to showcase the final phase at Tampa Bay Golf & Country Club where the homebuilder plans to build new single-family homes priced from the low $140s.
New Lennar homes at Tampa Bay Golf & Country Club will range in size from 1,350 square feet of living space to 2,400 square feet on 50, 65 and 75-foot home sites.
The landmark active adult community features one of the region’s most popular golf courses and pro shops, along with a community clubhouse, on-site activities directors and its own TV Channel 95, Metheny said.
“Tampa Bay Golf & Country Club practically defines active adult living in the Tampa Bay region,” Metheny said. “It’s a thriving community with a wide range of amenities and activities every day,” he said.
* * *
For more information, contact:
Francine Miller, Director of Sales & Marketing Lennar-Tampa Region, 727-479-1747; Francine.Miller@Lennar.com; Mark Metheny, Lennar Division President-Central Florida, 727-479-1700; Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142
Tuesday, March 16, 2010
Ashton Woods Homes Acquires 62 Home Sites at Ridge Crest in Brandon Area of Tampa Bay
TAMPA - Ashton Woods Homes recently acquired 62 oversized home sites at Ridge Crest, located off Wheeler and Valrico Rds. in the Brandon area.
Michael Roche, vice president of sales and marketing for Ashton Woods Homes in the Tampa Bay region, said the 65-foot home sites will accommodate new three, four, and five-bedroom single-family homes with optional three-car garages priced from the $160s.
New homes will offer from 1,536 square feet of living space, Roche said, and Ashton Woods Homes could start construction of new homes at Ridge Crest before summer.
Ashton Woods Homes is a subsidiary of the Great Gulf Group of Companies, a North American real estate conglomerate headquartered in Toronto, and currently has communities under development in Houston, Dallas, Atlanta, Phoenix, Tampa, Denver and Orlando.
* * *
For more information, contact:
Michael Roche, VP Sales & Marketing Ashton Woods Homes-Tampa/Orlando 407-647-3700; John Reny, President, Ashton Woods Homes Homes-Tampa/Orlando 407-647-3700;
Michael Roche, vice president of sales and marketing for Ashton Woods Homes in the Tampa Bay region, said the 65-foot home sites will accommodate new three, four, and five-bedroom single-family homes with optional three-car garages priced from the $160s.
New homes will offer from 1,536 square feet of living space, Roche said, and Ashton Woods Homes could start construction of new homes at Ridge Crest before summer.
Ashton Woods Homes is a subsidiary of the Great Gulf Group of Companies, a North American real estate conglomerate headquartered in Toronto, and currently has communities under development in Houston, Dallas, Atlanta, Phoenix, Tampa, Denver and Orlando.
* * *
For more information, contact:
Michael Roche, VP Sales & Marketing Ashton Woods Homes-Tampa/Orlando 407-647-3700; John Reny, President, Ashton Woods Homes Homes-Tampa/Orlando 407-647-3700;
Saturday, March 13, 2010
Ashton Woods Homes has only Eight Home Sites Remaining in First Phase at The Landings in South Tampa, Second Phase Starts Construction
TAMPA - Only eight new homes remain for sale in phase one at the Ashton Woods Homes community, The Landings located off Interbay and Westshore Blvds. in South Tampa.
Michael Roche, vice president of sales and marketing at Ashton Woods Homes in the Tampa Bay area, said the new phase that started construction will offer 35 three, four and five-bedroom homes priced from $199,900.
New homes in the second phase at The Landings range in size from 1,389 square feet of living space to 2,801 square feet.
Ashton Woods Homes is a subsidiary of the Great Gulf Group of Companies, a North American real estate conglomerate headquartered in Toronto, and currently has communities under development in Houston, Dallas, Atlanta, Phoenix, Tampa, Denver and Orlando.
* * *
For more information contact:
Michael Roche, VP Sales & Marketing Ashton Woods Homes-Tampa/Orlando 407-647-3700;
John Reny, President, Ashton Woods Homes Homes-Tampa/Orlando 407-647-3700;
Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142
Michael Roche, vice president of sales and marketing at Ashton Woods Homes in the Tampa Bay area, said the new phase that started construction will offer 35 three, four and five-bedroom homes priced from $199,900.
New homes in the second phase at The Landings range in size from 1,389 square feet of living space to 2,801 square feet.
Ashton Woods Homes is a subsidiary of the Great Gulf Group of Companies, a North American real estate conglomerate headquartered in Toronto, and currently has communities under development in Houston, Dallas, Atlanta, Phoenix, Tampa, Denver and Orlando.
* * *
For more information contact:
Michael Roche, VP Sales & Marketing Ashton Woods Homes-Tampa/Orlando 407-647-3700;
John Reny, President, Ashton Woods Homes Homes-Tampa/Orlando 407-647-3700;
Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142
Friday, February 19, 2010
Beazer Homes starts presales of town homes priced from under $150,000 at Hampton Lakes in Westchase area
TAMPA - Beazer Homes recently started presales of two and three-bedroom town homes priced from $149,990 at its newest community of Hampton Lakes, located off Racetrack Rd. near Countryway Blvd. in the Westchase area.
Kareyann Rhodes, sales manager for Beazer Homes in the Tampa Bay region, said Beazer sold a new town home at Hampton Lakes on the first day sales opened at the community where construction of the first 15 town homes and one model town home will start.
Altogether 68 town homes are planned at Hampton Lakes, along with a community swimming pool and cabana.
Three floor plans are available, Rhodes said. The Amherst, with two bedrooms and two-and-a-half baths, in 1,335 square feet of living space, is priced at $149,990 with a two-car garage.
The Bermuda, with three bedrooms, two-and-a-half baths and 1,483 square feet, is priced at $166,990 with a two-car garage.
The Caribbean offers three bedrooms with a bonus room or an optional fourth bedroom in 1,852 square feet priced at $195,990 with a two-car garage. Rhodes said the Caribbean offers another popular feature---a downstairs master suite.
Beazer Homes is offering a special bonus for the first five home buyers at Hampton Lakes---an upgraded stainless steel appliance package and free washer, dryer and refrigerator.
“All town homes at Hampton Lakes offer courtyards and additional outdoor living areas,” said Rhodes, “and all are built with the Beazer eSMART features that increase energy and water efficiency and indoor air quality.”
* * *
For more information, contact: Kareyann Rhodes, Sales Manager, Beazer Homes/Tampa Division 813-663-9002 Krhodes@beazer.com; Theresa Tilton, Vice President of Sales Beazer Homes/Florida 407-339-4114; ttilton@beazer.com; David Byrnes President Beazer Homes / Florida 407-339-4114 dbyrnes@beazer.com
About Beazer Homes: Beazer Homes, headquartered in Atlanta, is one of the country's 10 largest single-family homebuilders with operations in 17 states. Beazer Homes is listed on the New York Stock Exchange under the ticker symbol "BZH."
Kareyann Rhodes, sales manager for Beazer Homes in the Tampa Bay region, said Beazer sold a new town home at Hampton Lakes on the first day sales opened at the community where construction of the first 15 town homes and one model town home will start.
Altogether 68 town homes are planned at Hampton Lakes, along with a community swimming pool and cabana.
Three floor plans are available, Rhodes said. The Amherst, with two bedrooms and two-and-a-half baths, in 1,335 square feet of living space, is priced at $149,990 with a two-car garage.
The Bermuda, with three bedrooms, two-and-a-half baths and 1,483 square feet, is priced at $166,990 with a two-car garage.
The Caribbean offers three bedrooms with a bonus room or an optional fourth bedroom in 1,852 square feet priced at $195,990 with a two-car garage. Rhodes said the Caribbean offers another popular feature---a downstairs master suite.
Beazer Homes is offering a special bonus for the first five home buyers at Hampton Lakes---an upgraded stainless steel appliance package and free washer, dryer and refrigerator.
“All town homes at Hampton Lakes offer courtyards and additional outdoor living areas,” said Rhodes, “and all are built with the Beazer eSMART features that increase energy and water efficiency and indoor air quality.”
* * *
For more information, contact: Kareyann Rhodes, Sales Manager, Beazer Homes/Tampa Division 813-663-9002 Krhodes@beazer.com; Theresa Tilton, Vice President of Sales Beazer Homes/Florida 407-339-4114; ttilton@beazer.com; David Byrnes President Beazer Homes / Florida 407-339-4114 dbyrnes@beazer.com
About Beazer Homes: Beazer Homes, headquartered in Atlanta, is one of the country's 10 largest single-family homebuilders with operations in 17 states. Beazer Homes is listed on the New York Stock Exchange under the ticker symbol "BZH."
Grubb & Ellis|Commercial Florida Negotiates REO Sale of Three Treasure Island Condos for $1.995 Million
TAMPA - Grubb & EllisCommercial Florida recently negotiated REO sales of three waterfront condominiums on Treasure Island for $1.995 million.
Jeff Sweeney, SIOR, president of Grubb & EllisCommercial Florida, said the condominiums are part of a portfolio of nine bank-owned luxury condominiums at Serena Bay Condominiums at 260 108th Ave. in Treasure Island overlooking Boca Ciega Bay.
Sweeney said Nat Barganier, executive director of the Grubb & EllisCommercial Florida Distressed Property Services Group and head of Multi-Family Investment Sales, teamed and negotiated all three sales with Dania Perry of Jim White Century 21, a residential sales specialist for Tampa Bay area waterfront units.
The Grubb & EllisCommercial Florida DPS Group was the Receiver. “We formed the Grubb & EllisCommercial Florida Distressed Property Group last year to provide real estate services to banks and lenders with REO portfolios,” Sweeney explained. The group includes top Grubb professionals with a deep bench of receiver, banking, development, management and reposition qualifications.
Local home buyers Axel and Kit Hoewt, Charles and Judy Gallagher and Coral L. Bowers acquired the 2,650 square foot high-end condominiums.
“For the buyers, the sale represents tremendous value. For the lender, we are able to remove distressed properties from their books at an agreeable price. Early on Barganier encouraged the lender to pursue both a “retail” and “bulk” sale of units in order to maximize buyer coverage and potential return. “Nat has several excellent properties remaining to sell and we’re still accepting distressed property assignments,” Sweeney said.
About Grubb & EllisCommercial Florida: Grubb & EllisCommercial Florida is an affiliated commercial real estate services firm specializing in the leasing and sale of office, industrial, retail, land and investment properties. Currently Grubb & EllisCommercial Florida has 45 brokers divided among its Tampa, Orlando and Melbourne offices to serve the entire mid-Florida marketplace. Visit www.commercialfl.com.
About Grubb & Ellis Company: Named to The Global Outsourcing 100™ in 2009 by the International Association of Outsourcing Professionals™, Grubb & Ellis Company (NYSE: GBE) is one of the largest and most respected commercial real estate services and investment companies in the world. Our 6,000 professionals in more than 130 company-owned and affiliate offices draw from a unique platform of real estate services, practice groups and investment products to deliver comprehensive, integrated solutions to real estate owners, tenants and investors. The firm’s transaction, management, consulting and investment services are supported by highly regarded proprietary market research and extensive local expertise. Through its investment subsidiaries, the company is a leading sponsor of real estate investment programs that provide individuals and institutions the opportunity to invest in a broad range of real estate investment vehicles, including public non-traded real estate investment trusts (REITs), mutual funds and other real estate investment funds. For more information, visit www.grubb-ellis.com.
CONTACTS:Grubb & EllisCommercial Florida, 3030 N. Rocky Point Drive W., Tampa, FL 33609, www.commercialfl.com Nat Barganier 813-639-1111 ext. 205; Jeffrey Sweeney, SIOR 407-481-5387
Jeff Sweeney, SIOR, president of Grubb & EllisCommercial Florida, said the condominiums are part of a portfolio of nine bank-owned luxury condominiums at Serena Bay Condominiums at 260 108th Ave. in Treasure Island overlooking Boca Ciega Bay.
Sweeney said Nat Barganier, executive director of the Grubb & EllisCommercial Florida Distressed Property Services Group and head of Multi-Family Investment Sales, teamed and negotiated all three sales with Dania Perry of Jim White Century 21, a residential sales specialist for Tampa Bay area waterfront units.
The Grubb & EllisCommercial Florida DPS Group was the Receiver. “We formed the Grubb & EllisCommercial Florida Distressed Property Group last year to provide real estate services to banks and lenders with REO portfolios,” Sweeney explained. The group includes top Grubb professionals with a deep bench of receiver, banking, development, management and reposition qualifications.
Local home buyers Axel and Kit Hoewt, Charles and Judy Gallagher and Coral L. Bowers acquired the 2,650 square foot high-end condominiums.
“For the buyers, the sale represents tremendous value. For the lender, we are able to remove distressed properties from their books at an agreeable price. Early on Barganier encouraged the lender to pursue both a “retail” and “bulk” sale of units in order to maximize buyer coverage and potential return. “Nat has several excellent properties remaining to sell and we’re still accepting distressed property assignments,” Sweeney said.
About Grubb & EllisCommercial Florida: Grubb & EllisCommercial Florida is an affiliated commercial real estate services firm specializing in the leasing and sale of office, industrial, retail, land and investment properties. Currently Grubb & EllisCommercial Florida has 45 brokers divided among its Tampa, Orlando and Melbourne offices to serve the entire mid-Florida marketplace. Visit www.commercialfl.com.
About Grubb & Ellis Company: Named to The Global Outsourcing 100™ in 2009 by the International Association of Outsourcing Professionals™, Grubb & Ellis Company (NYSE: GBE) is one of the largest and most respected commercial real estate services and investment companies in the world. Our 6,000 professionals in more than 130 company-owned and affiliate offices draw from a unique platform of real estate services, practice groups and investment products to deliver comprehensive, integrated solutions to real estate owners, tenants and investors. The firm’s transaction, management, consulting and investment services are supported by highly regarded proprietary market research and extensive local expertise. Through its investment subsidiaries, the company is a leading sponsor of real estate investment programs that provide individuals and institutions the opportunity to invest in a broad range of real estate investment vehicles, including public non-traded real estate investment trusts (REITs), mutual funds and other real estate investment funds. For more information, visit www.grubb-ellis.com.
CONTACTS:Grubb & EllisCommercial Florida, 3030 N. Rocky Point Drive W., Tampa, FL 33609, www.commercialfl.com Nat Barganier 813-639-1111 ext. 205; Jeffrey Sweeney, SIOR 407-481-5387
Tuesday, February 9, 2010
Grubb & Ellis|Commercial Florida Names James C. Moler, CCIM Senior Vice President of Office Group
TAMPA - Grubb & EllisCommercial Florida recently named James C. Moler, CCIM, senior vice president of the firm’s Office Group in the Tampa Bay region.
Jeff Sweeney, SIOR, president of Grubb & EllisCommercial Florida, said Moler earned his B.S. Degree in Economics and International Relations from the University of Wisconsin in Madison, and has more than 18 years of experience in commercial real estate.
Moler will provide leasing and investment property services to local, regional and national ownerships in the Tampa Bay region, Sweeney said. Moler relocated to the Tampa Bay region from Chicago in 2005 and served a client portfolio that totaled more than 1.8 million square feet of office space.
“James Moler brings a wealth of experience to our Tampa Bay Office Group and we expect him to play an integral role in our continued growth with Office Group colleagues Paula Buffa, CCIM, and Maria Camarinos Hall,” Sweeney said.
About Grubb & EllisCommercial Florida: Grubb & EllisCommercial Florida is an affiliated commercial real estate services firm specializing in the leasing and sale of office, industrial, retail, land and investment properties. Currently Grubb & EllisCommercial Florida has 30 brokers divided among its Tampa, Orlando and Melbourne offices which serve the entire mid-Florida marketplace. Visit http://www.commercialfl.com/.
About Grubb & Ellis: Named to The Global Outsourcing 100™ in 2009 by the International Association of Outsourcing Professionals™, Grubb & Ellis Company (NYSE: GBE) is one of the largest and most respected commercial real estate services and investment companies in the world. Our 6,000 professionals in more than 130 company-owned and affiliate offices draw from a unique platform of real estate services, practice groups and investment products to deliver comprehensive, integrated solutions to real estate owners, tenants and investors. The firm’s transaction, management, consulting and investment services are supported by highly regarded proprietary market research and extensive local expertise. Through Grubb & Ellis Realty Investors, the company is a leading sponsor of real estate investment programs that provide individuals and institutions the opportunity to invest in a broad range of real estate investment vehicles, including public non-traded real estate investment trusts (REITs), tenant-in-common (TIC) investments suitable for tax-deferred 1031 exchanges and other real estate investment funds. For more information, visit http://www.grubb-ellis.com/.
Thursday, February 4, 2010
Grubb & Ellis|Commercial Florida Promotes Mia Jarrell – First Woman to head Brokerage Firm in Tampa Bay for 30 Years
TAMPA - Grubb & EllisCommercial Florida has promoted Mia Jarrell to managing director of the firm’s Tampa office – the first woman to head a full-service national brokerage firm in the Tampa Bay region in more than 30 years.
Jeff Sweeney, president of Grubb & EllisCommercial Florida, said Jarrell, who earned her masters in business administration from the University of Miami in 1990, joined Grubb & EllisCommercial Florida five years ago and she was recognized as the firm’s top broker for 2009.
Jarrell has leased or sold properties valued at more than $61 million and totaling more than 500,000 square feet of space. Her largest transactions include 62,000 square feet of office space for Citizens Insurance in Tampa, 40,000 square feet of space for Morgan & Morgan law firm in Tampa, and 38,000 square feet of space for Hilton World Reservations.
Jarrell is currently pursuing her CCIM professional certification.
“Mia Jarrell is an ambitious, highly organized executive who will play a big role at Grubb & Ellis Commercial Florida in the Tampa Bay region,” Sweeney said.
* * *
About Grubb & EllisCommercial Florida: Grubb & EllisCommercial Florida is an affiliated commercial real estate services firm specializing in the leasing and sale of office, industrial, retail, land and investment properties. Currently Grubb & EllisCommercial Florida has 30 brokers divided among its Tampa, Orlando and Melbourne offices which serve the entire mid-Florida marketplace. Visit http://www.commercialfl.com/.
About Grubb & Ellis: Named to The Global Outsourcing 100™ in 2009 by the International Association of Outsourcing Professionals™, Grubb & Ellis Company (NYSE: GBE) is one of the largest and most respected commercial real estate services and investment companies in the world. Our 6,000 professionals in more than 130 company-owned and affiliate offices draw from a unique platform of real estate services, practice groups and investment products to deliver comprehensive, integrated solutions to real estate owners, tenants and investors. The firm’s transaction, management, consulting and investment services are supported by highly regarded proprietary market research and extensive local expertise. Through Grubb & Ellis Realty Investors, the company is a leading sponsor of real estate investment programs that provide individuals and institutions the opportunity to invest in a broad range of real estate investment vehicles, including public non-traded real estate investment trusts (REITs), tenant-in-common (TIC) investments suitable for tax-deferred 1031 exchanges and other real estate investment funds. For more information, visit http://www.grubb-ellis.com/.
Contacts: Grubb & EllisCommercial Florida, 3030 N. Rocky Point Drive W., Tampa, FL 33609, http://www.commercialfl.com/; Mia Jarrell , Managing Director 813-639-1111; Jeff Sweeney, President 407-481-5387
Lennar’s Central Florida Division to launch “U.S. Home” brand of affordable homes priced from the low $100s in two communities in Tampa Bay region
TAMPA BAY - Lennar’s Central Florida Division announced it has launched the “U.S. Home” brand of affordable homes priced from the low $100s in two communities in the Tampa Bay region.
Mark Metheny, president of Lennar’s Central Florida Division, said Lennar’s U.S. Home brand homes will offer fewer luxury-class upgrades but more options.
“Many cost-conscious home buyers, especially first-time home buyers, want more home with fewer bells and whistles,” Metheny explained. “The economy has taught us to broaden the market to allow more buyers to take advantage of the benefit of homeownership, low interest rates and the federal tax credit,” he said.
Metheny emphasized that Lennar’s U.S. Home brand homes don’t skimp on construction or engineering innovations that make Lennar new homes some of the most energy-efficient on the market, Metheny added, nor on space---Lennar’s U.S. Home brand homes include three, four, five and six-bedroom floor plans that range from 1,353 square feet of living space to 3,181 square feet.
Lennar’s U.S. Home brand homes are available at South Fork located off U.S. 301 south of Big Bend Rd. in Riverview and at The Verandahs on S.R.52 West of Suncoast Parkway in Hudson in Pasco County. Visit www.Lennar.com.
For more information, contact:
Francine Miller, Director of Sales & Marketing Lennar-Tampa Region, 727-479-1747;
Mark Metheny, Lennar Division President-Central Florida, 727-479-1700
Mark Metheny, president of Lennar’s Central Florida Division, said Lennar’s U.S. Home brand homes will offer fewer luxury-class upgrades but more options.
“Many cost-conscious home buyers, especially first-time home buyers, want more home with fewer bells and whistles,” Metheny explained. “The economy has taught us to broaden the market to allow more buyers to take advantage of the benefit of homeownership, low interest rates and the federal tax credit,” he said.
Metheny emphasized that Lennar’s U.S. Home brand homes don’t skimp on construction or engineering innovations that make Lennar new homes some of the most energy-efficient on the market, Metheny added, nor on space---Lennar’s U.S. Home brand homes include three, four, five and six-bedroom floor plans that range from 1,353 square feet of living space to 3,181 square feet.
Lennar’s U.S. Home brand homes are available at South Fork located off U.S. 301 south of Big Bend Rd. in Riverview and at The Verandahs on S.R.52 West of Suncoast Parkway in Hudson in Pasco County. Visit www.Lennar.com.
For more information, contact:
Francine Miller, Director of Sales & Marketing Lennar-Tampa Region, 727-479-1747;
Mark Metheny, Lennar Division President-Central Florida, 727-479-1700
Grubb & Ellis|Commercial Florida Names Michaelann Murphy Retail Group Associate in Tampa
TAMPA - Grubb & EllisCommercial Florida, associated with 130 Grubb & Ellis offices worldwide, has named Michaelann Murphy an associate in the firm’s Retail Group in the Tampa Bay region.
Jeffrey Sweeney, SIOR, president of Grubb & EllisCommercial Florida with offices in Tampa, Orlando and Melbourne, said Murphy, a recent graduate of the University of Tampa, has more than five years of experience in retail property leasing and sales.
Murphy was most recently an associate handling in-line retail leasing for Stuart S. Golding Company shopping centers in the Tampa Bay region.
About Grubb & EllisCommercial Florida: Grubb & EllisCommercial Florida is an affiliated commercial real estate services firm specializing in the leasing and sale of office, industrial, retail, land and investment properties. Currently Grubb & EllisCommercial Florida has 30 brokers divided among its Tampa, Orlando and Melbourne offices which serve the entire mid-Florida marketplace. Visit http://www.commercialfl.com/.
About Grubb & Ellis: Named to The Global Outsourcing 100™ in 2009 by the International Association of Outsourcing Professionals™, Grubb & Ellis Company (NYSE: GBE) is one of the largest and most respected commercial real estate services and investment companies in the world. Our 6,000 professionals in more than 130 company-owned and affiliate offices draw from a unique platform of real estate services, practice groups and investment products to deliver comprehensive, integrated solutions to real estate owners, tenants and investors. The firm’s transaction, management, consulting and investment services are supported by highly regarded proprietary market research and extensive local expertise. Through Grubb & Ellis Realty Investors, the company is a leading sponsor of real estate investment programs that provide individuals and institutions the opportunity to invest in a broad range of real estate investment vehicles, including public non-traded real estate investment trusts (REITs), tenant-in-common (TIC) investments suitable for tax-deferred 1031 exchanges and other real estate investment funds. For more information, visit http://www.grubb-ellis.com/.
Grubb & Ellis|Commercial Florida Appoints Debbie Mouttaki Broker Associate in Tampa
TAMPA - Grubb & EllisCommercial Florida has appointed Debbie Mouttaki a new broker associate in Tampa.
Jeffrey Sweeney, SIOR, president of Grubb & EllisCommercial Florida with offices in Tampa, Orlando and Melbourne, said Mouttaki will be graduating from University of South Florida this spring.
Mouttaki will work with the team of Tom and Sean Kennedy in the Tampa Bay office market.
About Grubb & EllisCommercial Florida: Grubb & EllisCommercial Florida is an affiliated commercial real estate services firm specializing in the leasing and sale of office, industrial, retail, land and investment properties. Currently Grubb & EllisCommercial Florida has 30 brokers divided among its Tampa, Orlando and Melbourne offices which serve the entire mid-Florida marketplace. Visit http://www.commercialfl.com/.
About Grubb & Ellis: Named to The Global Outsourcing 100™ in 2009 by the International Association of Outsourcing Professionals™, Grubb & Ellis Company (NYSE: GBE) is one of the largest and most respected commercial real estate services and investment companies in the world. Our 6,000 professionals in more than 130 company-owned and affiliate offices draw from a unique platform of real estate services, practice groups and investment products to deliver comprehensive, integrated solutions to real estate owners, tenants and investors. The firm’s transaction, management, consulting and investment services are supported by highly regarded proprietary market research and extensive local expertise. Through Grubb & Ellis Realty Investors, the company is a leading sponsor of real estate investment programs that provide individuals and institutions the opportunity to invest in a broad range of real estate investment vehicles, including public non-traded real estate investment trusts (REITs), tenant-in-common (TIC) investments suitable for tax-deferred 1031 exchanges and other real estate investment funds. For more information, visit http://www.grubb-ellis.com/.
Tuesday, January 19, 2010
Lennar to Host Grand Openings in Six Communities Jan. 23-24 to Showcase New Lower Pricing Starting From the $80s
TAMPA, Fla. --- Lennar’s Central Florida Division will host grand opening events in six Tampa Bay-area communities on Saturday and Sunday Jan. 23 and 24, to showcase new lower pricing that starts from the $80s for town homes and from the low $100s for single-family homes.
Mark Metheny, president of Lennar’s Central Florida Division, said the home builder has retooled its new homes to bring the lowest possible prices to the market for new home buyers.
“With up to $8,000 in tax credit incentives and our new lower pricing structure this is truly the best time ever to buy a new home,” Metheny said.
Grand Opening events are scheduled at:
Cobblestone Landing in Lakeland, town homes priced from the $80s;
River Bend in Ruskin, priced from $116,990;
Creekside in Mulberry, priced from $119,990;
Hampton Hills in Lakeland, priced from $124,990;
The Verandahs in Hudson, priced from $139,000;
South Fork in Riverview, priced from $145,000.* * *
For more information contact:
Francine Miller, Director of Sales & Marketing Lennar-Tampa Region, 727-479-1747
Mark Metheny, Lennar Division President-Central Florida, 727-479-1700
Mark Metheny, president of Lennar’s Central Florida Division, said the home builder has retooled its new homes to bring the lowest possible prices to the market for new home buyers.
“With up to $8,000 in tax credit incentives and our new lower pricing structure this is truly the best time ever to buy a new home,” Metheny said.
Grand Opening events are scheduled at:
Cobblestone Landing in Lakeland, town homes priced from the $80s;
River Bend in Ruskin, priced from $116,990;
Creekside in Mulberry, priced from $119,990;
Hampton Hills in Lakeland, priced from $124,990;
The Verandahs in Hudson, priced from $139,000;
South Fork in Riverview, priced from $145,000.* * *
For more information contact:
Francine Miller, Director of Sales & Marketing Lennar-Tampa Region, 727-479-1747
Mark Metheny, Lennar Division President-Central Florida, 727-479-1700
Friday, November 13, 2009
Lennar's Central Florida Division Names New Sales Manager for the Tampa Region
TAMPA, Fla. --- Lennar’s Central Florida Division has promoted Dale Human to sales manager for the Tampa Bay region.
Mark Metheny, division president, said Human joined Lennar three years ago and most recently served as a new home consultant.
Human holds a Bachelor’s Degree in Psychology from the University of South Florida and has more than four years of experience in real estate sales, and 12 years in the hospitality industry.
As sales manager, Human will oversee new home sales at eight communities throughout Pasco and Polk Counties, according to Metheny.
“Dale’s contribution to Lennar and the Central Florida Division has always yielded exceptional results and his promotion exemplifies how talent, commitment and hard work are valued and recognized by our company,” Metheny said.
Lennar’s Central Florida Division builds new single-family homes and town homes priced from the $100s to the $400s in more than 30 communities in the Tampa Bay, Orlando and Space Coast areas.
For media information, contact:
Mark Metheny, Division President, Lennar Tampa Division 888-317-7489
Jassy Friddle, Marketing Manager, Lennar Tampa Division 888-317-7489
Larry Vershel or Beth Payan, LV Communications, Inc. 407-644-4142
Mark Metheny, division president, said Human joined Lennar three years ago and most recently served as a new home consultant.
Human holds a Bachelor’s Degree in Psychology from the University of South Florida and has more than four years of experience in real estate sales, and 12 years in the hospitality industry.
As sales manager, Human will oversee new home sales at eight communities throughout Pasco and Polk Counties, according to Metheny.
“Dale’s contribution to Lennar and the Central Florida Division has always yielded exceptional results and his promotion exemplifies how talent, commitment and hard work are valued and recognized by our company,” Metheny said.
Lennar’s Central Florida Division builds new single-family homes and town homes priced from the $100s to the $400s in more than 30 communities in the Tampa Bay, Orlando and Space Coast areas.
For media information, contact:
Mark Metheny, Division President, Lennar Tampa Division 888-317-7489
Jassy Friddle, Marketing Manager, Lennar Tampa Division 888-317-7489
Larry Vershel or Beth Payan, LV Communications, Inc. 407-644-4142
Lennar's Central Florida Division Names Home Building Executive Francine Miller Director of Sales in Tampa Bay Region
CLEARWATER, Fla. – Lennar’s Central Florida Division has appointed longtime homebuilding executive Francine Miller director of sales in the Tampa Bay region.
Miller is a familiar face in the home building circles of the Tampa Bay and southwest Florida regions. She has more than 30 years of experience in real estate and home building, most recently as regional president of Kimball Hill Homes in Florida.
“Francine Miller brings a great deal of focus and intensity to our group,” said Mark Metheny, president of Lennar’s Central Florida division.
“She is one of the most respected homebuilding executives in the Tampa Bay region. We are very excited about Francine joining our team and look forward to her taking our sales team to the next level,” he said.
Lennar’s Central Florida Division, which builds new single family and town homes priced from the $100s to the $400s is currently building in 16 communities in the Tampa Bay market.
For more information, contact:
Jassy Friddle, Marketing Manager Lennar-Central Florida, 888-317-7489
Mark Metheny, Lennar Division President-Central Florida, 727-479-1700
Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142
Jassy Friddle, Marketing Manager Lennar-Central Florida, 888-317-7489
Mark Metheny, Lennar Division President-Central Florida, 727-479-1700
Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142
Friday, November 6, 2009
Ashton Woods Homes unveils three new floor plans priced from the $190s at The Landings in South Tampa
TAMPA, Fla. --- Ashton Woods Homes has introduced three new floor plans priced from the $190s at The Landings off Interbay and Westshore Blvds. in South Tampa.
Michael Roche, vice president of sales and marketing for Ashton Woods Homes in the Tampa Bay region, said the new floor plans range in size from 1,308 square feet of living space to 2,180 square feet.
Ashton Woods Homes is a subsidiary of the Great Gulf Group of Companies, a North American real estate conglomerate headquartered in Toronto, and currently has communities under development in Houston, Dallas, Atlanta, Phoenix, Tampa, Denver and Orlando.
For more information contact:
Michael Roche, VP Sales & Marketing Ashton Woods Homes-Tampa 407-647-3700
John Reny, President, Ashton Woods Homes-Tampa/Orlando 407-647-3700
Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142
Michael Roche, vice president of sales and marketing for Ashton Woods Homes in the Tampa Bay region, said the new floor plans range in size from 1,308 square feet of living space to 2,180 square feet.
Ashton Woods Homes is a subsidiary of the Great Gulf Group of Companies, a North American real estate conglomerate headquartered in Toronto, and currently has communities under development in Houston, Dallas, Atlanta, Phoenix, Tampa, Denver and Orlando.
For more information contact:
Michael Roche, VP Sales & Marketing Ashton Woods Homes-Tampa 407-647-3700
John Reny, President, Ashton Woods Homes-Tampa/Orlando 407-647-3700
Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142
Tuesday, October 27, 2009
Only Three Home Sites Remain For Sale at Sagamore Trace in N. Brandon
TAMPA, Fla. --- Only three home sites remain for sale at Sagamore Trace, located off Kingsway Rd. between I-4 and I-75 in North Brandon.
Michael Roche, vice president of sales and marketing for Ashton Woods Homes in the Tampa Bay region, said new three, four and five-bedroom single-family homes at Sagamore Trace sold for prices ranging from the high $100s to the high $200s.
Ashton Woods Homes is a subsidiary of the Great Gulf Group of Companies, a North American real estate conglomerate headquartered in Toronto, and currently has communities under development in Houston, Dallas, Atlanta, Phoenix, Tampa, Denver and Orlando.
For more information, contact:
Michael Roche, VP Sales & Marketing Ashton Woods Homes-Tampa 407-647-3700
John Reny, President, Ashton Woods Homes-Tampa/Orlando 407-647-3700
Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142
Michael Roche, vice president of sales and marketing for Ashton Woods Homes in the Tampa Bay region, said new three, four and five-bedroom single-family homes at Sagamore Trace sold for prices ranging from the high $100s to the high $200s.
Ashton Woods Homes is a subsidiary of the Great Gulf Group of Companies, a North American real estate conglomerate headquartered in Toronto, and currently has communities under development in Houston, Dallas, Atlanta, Phoenix, Tampa, Denver and Orlando.
For more information, contact:
Michael Roche, VP Sales & Marketing Ashton Woods Homes-Tampa 407-647-3700
John Reny, President, Ashton Woods Homes-Tampa/Orlando 407-647-3700
Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142
Tuesday, September 29, 2009
Plantation Bay Golf & Country Club to Host Music in the Park for Residents
ORMOND BEACH, Fla. - Plantation Bay Golf & Country Club will host Music in the Park for Plantation Bay residents from 3 to 5 p.m. on Sunday, Oct. 25.
Rosemary Messina, vice president of sales and marketing at ICI Homes, said the event will feature ice cream, popcorn, music and activities for the kids.
Admission is free for residents of Plantation Bay Golf & Country Club and their guests.
For more information contact:
Lisa A. Egle, Marketing Manager ICI Homes-Daytona Beach, 386-236-4273
Rosemary Messina, Vice President of Sales & Marketing, ICI Homes, 386-236-4273
Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142
About ICI Homes:
ICI Homes is ranked as one of the largest privately owned homebuilders in the US. The 30-year-old firm builds new homes and develops communities and resort facilities in the Volusia-Flagler region as well as Northeast Florida, Orlando and Tampa.
Rosemary Messina, vice president of sales and marketing at ICI Homes, said the event will feature ice cream, popcorn, music and activities for the kids.
Admission is free for residents of Plantation Bay Golf & Country Club and their guests.
For more information contact:
Lisa A. Egle, Marketing Manager ICI Homes-Daytona Beach, 386-236-4273
Rosemary Messina, Vice President of Sales & Marketing, ICI Homes, 386-236-4273
Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142
About ICI Homes:
ICI Homes is ranked as one of the largest privately owned homebuilders in the US. The 30-year-old firm builds new homes and develops communities and resort facilities in the Volusia-Flagler region as well as Northeast Florida, Orlando and Tampa.
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