ORLANDO – The LR Team at Stirling Sotheby’s International Realty’s Windermere/Dr. Phillips office – Dan Natoli, Carolyn Burgiel and Darren Iozia – foresee a bright future for the Windermere/Dr. Phillips area.
“This may be the first luxury market area of homes over $1 million in the Orlando area to recover from the housing market collapse, said Roger Soderstrom, founder and owner of Stirling Sotheby’s International Realty.
Three zip codes – 34786, 32819 and 32836 – are seeing the largest increase in sales of million dollar homes, Soderstrom said. That conclusion is based on the statistics provided by the Central Florida Multiple Listing Service (MLS).
Through May of this year, 41 homes priced at more than $1 million have sold in the area, and in 2009, only 21 million dollar plus homes sold, according to the MLS. This is a 100 percent increase in this upper tier market range.
The LR Team at Stirling Sotheby’s International Realty has identified 238 homes in the area currently offered for sale that are priced at $1 million or more.
“That’s less than a 30-month inventory compared to over a 60-month supply in 2009,” Soderstrom added.
Carolyn Burgiel, a partner with the LR Team stated “The MLS data supports that the average sale price of million dollar plus homes in 2010 was $1,758,763, up from $1,693,716 in 2009. However, per-square-foot prices were down in 2010 at $278 per square foot compared to $322 per square foot in 2009.”
Burgiel said Stirling Sotheby’s is entertaining buyer inquiries from Europe, China, the UK, and Ireland as well as U.S. buyers relocating, downsizing and moving up.
We think the Windermere/Dr. Phillips area is positioned for a very strong recovery,” Burgiel said. “We won’t see 2005 prices again, and that’s part of the reason for the interest in the area,” she said.
For more information contact: Carolyn J. Burgiel, Sales Executive, Stirling Sotheby’s International Realty 407-864-0605; Roger Soderstrom, Founder/Owner, Stirling Sotheby’s International Realty 407-581-7890; rsoderstrom@stirlingSIR.com
About Stirling Sotheby’s International Realty: Stirling Sotheby’s International Realty is affiliated with Sotheby’s International Realty, the largest luxury real estate brand in the world. Stirling Sotheby’s exclusive services include luxury residential, new homes, commercial, property management, in addition to supporting builders, developers, lenders, and asset managers. The company operates three performance centers which serve all of Central Florida.
Showing posts with label Team. Show all posts
Showing posts with label Team. Show all posts
Monday, June 14, 2010
Tuesday, April 13, 2010
The New Office Agency Team at Grubb & Ellis|Commercial Florida, Tampa, sees big increase in leasing activity
TAMPA - The new Office Agency Team at Grubb & EllisCommercial Florida in Tampa---senior vice presidents Paula Buffa and Jim Moler and associate Maria Camarinos Hall---project a big surge in office leasing activity through the remainder of 2010.
The recently-formed team just added another 120,000+ square feet to their portfolio of partnerships with client/owners of office properties with the new listing of Turtle Creek, a First Industrial Realty Trust office/flex project located at 49th Street and Ulmerton Road in Clearwater.
With this new listing the Buffa/Moler/Hall team now represents more than one million square feet and Buffa said the team’s listed properties include all of the Tampa Bay-area submarkets.
“Right now we are seeing increased office leasing activity in Hillsborough County and Pinellas County activity is heating up as well,” Buffa said.
Part of the reason for the anticipated surge is the slowdown that characterized much of 2009. The Buffa/Moler/Hall team closed on about 120 office leases in 2009, Buffa said, but expect more leases to be signed in 2010.
“Leasing activity was sluggish all year in 2009 and it slowed to a trickle in the last quarter,” Buffa said. “That’s typical for the 4th quarter, but there was more to it than just a seasonal flux. Companies were uncertain, the economy seemed uncertain, and CEOs didn’t feel confident about making long-term commitments. Then in February it all changed,” Buffa said.
“The phones started ringing off the hook,” she explained. “The surge we have seen in the past eight weeks is better than we expected,” she said.
Buffa added that companies are still cautious, with most still trying to lease only the minimum amount of office space they can for their current employee base and few that are doing more than five-year terms.
“They are cautious, but we’re seeing more companies that are moving forward,” she said.
During the slow down of 2009, Buffa spent the time developing her office team. She and Maria Camarinos Hall have been working together for almost two years. When Moler, who has more than eighteen years of experience, joined the team in early 2010, Buffa said she could boast almost 50 years of aggregate experience.
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:
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.
The recently-formed team just added another 120,000+ square feet to their portfolio of partnerships with client/owners of office properties with the new listing of Turtle Creek, a First Industrial Realty Trust office/flex project located at 49th Street and Ulmerton Road in Clearwater.
With this new listing the Buffa/Moler/Hall team now represents more than one million square feet and Buffa said the team’s listed properties include all of the Tampa Bay-area submarkets.
“Right now we are seeing increased office leasing activity in Hillsborough County and Pinellas County activity is heating up as well,” Buffa said.
Part of the reason for the anticipated surge is the slowdown that characterized much of 2009. The Buffa/Moler/Hall team closed on about 120 office leases in 2009, Buffa said, but expect more leases to be signed in 2010.
“Leasing activity was sluggish all year in 2009 and it slowed to a trickle in the last quarter,” Buffa said. “That’s typical for the 4th quarter, but there was more to it than just a seasonal flux. Companies were uncertain, the economy seemed uncertain, and CEOs didn’t feel confident about making long-term commitments. Then in February it all changed,” Buffa said.
“The phones started ringing off the hook,” she explained. “The surge we have seen in the past eight weeks is better than we expected,” she said.
Buffa added that companies are still cautious, with most still trying to lease only the minimum amount of office space they can for their current employee base and few that are doing more than five-year terms.
“They are cautious, but we’re seeing more companies that are moving forward,” she said.
During the slow down of 2009, Buffa spent the time developing her office team. She and Maria Camarinos Hall have been working together for almost two years. When Moler, who has more than eighteen years of experience, joined the team in early 2010, Buffa said she could boast almost 50 years of aggregate experience.
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:
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, October 2, 2009
Stirling Sotheby’s International Realty Appoints Pamela D’Amelio to Elite Workout Team
ORLANDO, Fla. - Stirling Sotheby’s International Realty has appointed Pamela D’Amelio to its elite Workout Team, which serves builders, developers and lenders throughout North America, the Caribbean and Central America.
Roger Soderstrom, founder and owner of Stirling Sotheby’s International Realty (http://www.stirlingsir.com/,) said D’Amelio, a native Floridian, is one of Stirling’s top sales producers who has been working with buyers and sellers of waterfront estate homes, private islands, ranch properties and commercial properties throughout her career.
Soderstrom said D’Amelio’s expertise is a welcomed addition to Stirling Sotheby’s Workout Team which consists of 12 professionals with an extensive background and knowledge in homebuilding, development, land entitlement, vacation resort properties, strategic marketing, property management and worldwide auction services. Very few firms in the country are offering this many diverse services to assist builders, developers and lenders, according to Soderstrom.
D’Amelio will be responsible for servicing the Workout Team’s southeast Florida region from Palm Beach to the Florida Keys as well as the Caribbean, Soderstrom said.
“Pamela is a highly talented and well-organized real estate executive who is also the author of several books, including motivational books,” Soderstrom added.
Workout Team Brochure: http://www.stirlingsir.com/eflyers/pr/09282009/workoutteam_brochure.pdf
For more information, contact:
Roger Soderstrom, Stirling Sotheby’s International Realty Founder/Owner 407-588-1260, rsoderstrom@stirlingSIR.com;
Pamela d’Amelio, (407) 791-6338; Damelio@stirlingsir.com
Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142
About Stirling Sotheby’s International Realty:
Stirling Sotheby’s International Realty is affiliated with Sotheby’s International Realty, the largest luxury real estate brand in the world. Stirling Sotheby’s exclusive services include luxury residential, new homes, commercial, property management, in addition to supporting builders, developers, lenders, and asset managers. The company operates five performance centers which serve all of Central Florida. Visit http://www.stirlingsir.com/.
Tuesday, September 22, 2009
Data Transfer Solutions Awarded Major Contract to Design, Deploy GIS Mapping Program to Monitor Health of U.S. Forests
ORLANDO, Fla. - Data Transfer Solutions, LLC based in downtown Avalon Park was recently awarded a major contract by the U.S. Forest Service to design and deploy a GIS mapping system to monitor the health of forests in the U.S.
A.M. “Trey” Fragala III, AICP, chief operating officer at Data Transfer Solutions, said the IDIQ (Indefinite Quantity, Indefinite Delivery) contract was awarded by the U.S. Forest Service’s Forest Health Technology Enterprise Team (FHTET), created in 1995 to develop and deliver forest health technology services to field personnel in public and private organizations.
“Our job is to design, develop, implement, and maintain web-based GIS applications that will support the monitoring and analysis of forest health throughout the United States,” Fragala said.
Fragala said the new system will play a big role in monitoring the effects of global warming on the nation’s forests and measuring the volume of renewable forest resources.
Fragala said the contract is valued at up to $800,000 over the next four years.
Based in Orlando, Data Transfer Solutions, LLC, provides Geographic Information Systems (GIS), transportation planning, asset management, Web design, database applications, and video and multimedia production services to local governments and regional and state agencies throughout the U.S.
For more information, contact:
A.M. “Trey” Fragala, III, AICP, Chief Operating Officer, Data Transfer Solutions, 3680 Avalon Park East Blvd., Suite 200, Orlando, 32828; 407-382-5222; tfragala@edats.comJ
ade Winfrey, Marketing Coordinator, Data Transfer Solutions, 407-382-5222; jwinfrey@edats.com
Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142 lvershelco@aol.com
A.M. “Trey” Fragala III, AICP, chief operating officer at Data Transfer Solutions, said the IDIQ (Indefinite Quantity, Indefinite Delivery) contract was awarded by the U.S. Forest Service’s Forest Health Technology Enterprise Team (FHTET), created in 1995 to develop and deliver forest health technology services to field personnel in public and private organizations.
“Our job is to design, develop, implement, and maintain web-based GIS applications that will support the monitoring and analysis of forest health throughout the United States,” Fragala said.
Fragala said the new system will play a big role in monitoring the effects of global warming on the nation’s forests and measuring the volume of renewable forest resources.
Fragala said the contract is valued at up to $800,000 over the next four years.
Based in Orlando, Data Transfer Solutions, LLC, provides Geographic Information Systems (GIS), transportation planning, asset management, Web design, database applications, and video and multimedia production services to local governments and regional and state agencies throughout the U.S.
For more information, contact:
A.M. “Trey” Fragala, III, AICP, Chief Operating Officer, Data Transfer Solutions, 3680 Avalon Park East Blvd., Suite 200, Orlando, 32828; 407-382-5222; tfragala@edats.comJ
ade Winfrey, Marketing Coordinator, Data Transfer Solutions, 407-382-5222; jwinfrey@edats.com
Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142 lvershelco@aol.com
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