Showing posts with label investment. Show all posts
Showing posts with label investment. Show all posts

Wednesday, July 7, 2010

Stirling Sotheby’s International Realty Names Luxury Home Specialist Investment Consultant Jere' Matheny as Sales Associate

LAKE MARY - Stirling Sotheby’s International Realty recently appointed Jere' Matheny, a luxury home specialist and investment consultant, as sales associate for the firm.

Roger Soderstrom, founder and owner at Stirling Sotheby’s International Realty, said Matheny, a business school graduate and licensed Financial Advisor, will be working out of Stirling Sotheby’s International Realty’s Heathrow-Lake Mary Gallery.

Matheny, a native of culturally diverse South Florida, has more than 10 years of experience in banking and as a trader of global equities. Throughout his career Matheny has worked with clients worldwide, including in the U.S. and the U.K.

“Jere has significant experience in international sales and marketing and we expect him to play a big role in our growth in the Heathrow-Lake Mary area,” Soderstrom said. “We are thrilled to have such a highly qualified professional as part of our Heathrow/Lake Mary real estate sales team.”
* * *

For more information contact: Roger Soderstrom, Founder/Owner Stirling Sotheby’s International Realty, 407-581-7890

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.

Tuesday, March 23, 2010

NAI Realvest Forms Central Florida Commercial Property Investment Services Group

MAITLAND - NAI Realvest, which ranks as one of Central Florida’s largest commercial property companies, has formed a Commercial Property Investment Services Group to serve investors and property owners throughout the Central Florida region.

George Livingston, chairman of NAI Realvest, said the NAI Realvest Investment Services Group will cover all property types from retail and office to hospitality, industrial and multi-family apartments.

Livingston and NAI Realvest principal Christie Alexander specialize in industrial properties, Livingston said.

Mez R. Birdie, CCIM, CPM, SCSM, director of retail and investment services at NAI Realvest, will head the Investment Services Group’s retail division, Livingston said.

Thomas E. Hankins, CCIM, SIOR, will head the Investment Services Group’s office division.
Paul Vera, AIA, a development and investment analyst at NAI Realvest, will head the Investment Services Group’s apartment division.

Livingston explained that the market for commercial investment properties is growing as a result of the real estate downturn.

“Property values have declined and some property owners have already put distressed commercial properties on the market,” Livingston said. “Those dynamics are bringing investors back into the market in bigger numbers,” he said.

For more information, contact: George Livingston, Chairman Emeritus, NAI Realvest 407-875-9989 glivingston@realvest.com

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 325 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, March 22, 2010

NAI Global forms U.S. Investment Services Group led by NAI Realvest in Maitland

MAITLAND – NAI Global has formed an Investment Services Group to provide expert investment property service to institutional and private commercial real estate sellers and buyers. Twelve senior investment brokers have been designated as Directors. The Directors will have regional and property type responsibilities.

George Livingston, chairman emeritus of NAI Realvest in Maitland and one of the Directors, said NAI Global Investment Services Group offers investors tremendous expertise and reach in marketing and acquisitions of office, industrial, retail, hospitality and multi-family properties.

“This founders group will be expanded on a select basis to ensure coverage of every major market in the country.

“We will have the whole country covered with local, highly knowledgeable experts,” Livingston said. We will be backed by the national and international depth of the NAI Global net system.

NAI Global is the world’s largest commercial property network with offices in 47 states in the U.S. and in 55 countries.

For more information, contact: George Livingston, Chairman Emeritus, NAI Realvest 407-875-9989 glivingston@realvest.com

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 325 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, September 18, 2009

Avalon Park Poised with Unique Opportunities for Medical Office, Residential Growth

ORLANDO, Fla. - Avalon Park in east Orlando, in the heart of Innovation Way, is poised for growth in medical professional offices and unique opportunities for private practitioners, including office-residential space.

Ross Halle, vice president of architecture and town planner at Avalon Park, said the 11-year-old community now features more than 3,500 homes on 1,860 acres with elementary, middle, technical and high schools, and a downtown district that will soon feature more than one million square feet of commercial space, rental apartments and town homes and public facilities.

“There are more than 10,000 people within a one mile radius of downtown Avalon Park and more than 50,000 people within a three-mile radius,” Halle said. “Almost half of the households near downtown Avalon Park earn more than $100,000 annually,” he said.

Avalon Park’s unique location – centrally located between the new Medical City, University of Central Florida, Central Florida Research Park and Orlando International Airport has earned its recognition as “Downtown East Orlando,” said Brendon Dedekind, director of business development for Avalon Park Group.

“Our new 45,000 square foot medical office building, which opened this year, is the perfect location for private and clinical practice health care professionals,” Dedekind said.

Development is underway of senior living facilities that will provide a wide range of services, including Alzheimer’s care.

Dedekind said the developer offers certain incentives including capital investment and attractive financing options.

“Avalon Park has matured as the optimal community to live, work and play,” Halle said.

For more information visit www.avalonparkgroup.com or
Stephanie Hodson, Marketing Coordinator, Avalon Park Group 407-658-6565
Beat Kahli, Founder /CEO Avalon Park Group 407-658-6565
Brendon Dedekind, Director of Business Development, 407-648-6565
Ross Halle, VP Architecture/Town Planner Avalon Park Group 407-658-6565
Larry Vershel, Larry Vershel Communications 407-644-4142, Lvershelco@aol.com

Thursday, September 17, 2009

NAI Realvest Completes $1.1 Million Sale of former Whistle Junction Restaurant in Titusville

ORLANDO, Fla. - NAI Realvest recently completed the $1,100,000 sale of the 10,811 square foot Whistle Junction restaurant facility located at 3125 Columbia Blvd. in Titusville.

Paul P. Partyka, principal and managing partner at NAI Realvest, negotiated the sale representing the seller Sovereign Investment Company of Palo Alto, Calif.

The property was purchased by Titusville-based SBI Leasing, Inc.

Partyka said this is the fourth former Whistle Junction restaurant sale handled by NAI Realvest this year, including locations in Melbourne, St. Cloud and Jacksonville.

For more information contact:
Paul P. Partyka, Managing Partner/Principal NAI Realvest, 407-875-9989, ppartyka@realvest.com

Patrick Mahoney, Principal/Chief Operating Officer, 407-875-9989

Beth Payan or Larry Vershel, Larry Vershel Communications 407-644-4142

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 325 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, September 4, 2009

Grubb & Ellis|Commercial Florida Increases Office Group

TAMPA, Fla., - Grubb & EllisCommercial Florida, associated with 130 offices worldwide, has named Maria Camarinos Hall as associate in the firm’s Office Group in Tampa.

Jeff Sweeney, SIOR, president and managing partner of Grubb & EllisCommercial Florida in Tampa, Orlando and Melbourne, said Camarinos Hall has nine years of outside sales experience, including two in commercial real estate.

Camarinos Hall was most recently an associate with GVA Advantis in Tampa representing landlords Tower Realty Partners, Arcis Investments and Professor’s Capital.

She was also formerly associated with UGL Equis in Tampa where she focused on tenant representation. GSA and OmniCare were among large national companies Hall has worked with.
Camarinos Hall is a graduate of the University of Tampa with a Bachelor’s degree in Communications.

Her appointment to the Grubb & EllisCommercial Florida Office Group is the second major addition recently. In early August Sweeney named Paula Buffa, CCIM, RPA, the current president of the Westshore Alliance, as senior vice president in the firm’s Office Group.

Contacts:
Maria Camarinos Hall 813-830-7894
Jeffrey Sweeney, SIOR President 407-481-5387
Larry Vershel Communications 407-644-4142

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 40 brokers divided among its Tampa, Orlando and Melbourne offices to serve the entire mid-Florida marketplace.

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 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), tenant-in-common (TIC) investments suitable for tax-deferred 1031 exchanges, mutual funds and other real estate investment funds. For more information, visit http://www.grubb-ellis.com/.

Thursday, August 27, 2009

Grubb & Ellis|Commercial Florida Appoints Paula Buffa, CCIM, RPA Senior Vice President, Office Group in Tampa


Grubb & EllisCommercial Florida Appoints Paula Buffa, CCIM, RPA Senior Vice President, Office Group in Tampa

TAMPA, Fla. - Grubb & EllisCommercial Florida has named Paula Buffa, CCIM, RPA senior vice president of its Office Group. Buffa is currently president of the Westshore Alliance in Tampa.

Jeffrey Sweeney, SIOR, president and managing principal of Grubb & EllisCommercial Florida with offices in Tampa, Orlando and Melbourne, said Buffa has 23 years of experience in commercial real estate and ranks as one of the most highly qualified office specialists in Florida. A three-time CoStar Power Broker awardee, Buffa was also named one of 2005’s Top 20 Women in Commercial Real Estate by Florida Real Estate Journal.

She attended Middle Tennessee State University and began her commercial real estate career with CB Richard Ellis in Nashville. She relocated to Tampa in 1997. Most recently Buffa was associated with GVA Advantis in Tampa. She is also past president of both the Florida Gulfcoast Commercial Assn. of Realtors and Tampa Bay Chapter of Commercial Real Estate Women.

Buffa is a Certified Commercial Investment Member (CCIM) and designated a Real Property Administrator (RPA) by Building Owners and Managers Institute International.

At Grubb & EllisCommercial Florida, Buffa’s clients include American General Insurance, Troy State University, IVANS, Sage Software Healthcare, GolfTec, HCA Healthcare, Professors Capital, Arcis Investments and RR Tampa LLC.

“We are delighted Paula Buffa has joined our Tampa office,” Sweeney said. “She will play a major role in our continued growth in the 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 40 brokers divided among its Tampa, Orlando and Melbourne offices to serve the entire mid-Florida marketplace.

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 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), tenant-in-common (TIC) investments suitable for tax-deferred 1031 exchanges, mutual funds and other real estate investment funds. For more information, visit http://www.grubb-ellis.com/ <http://www.grubb-ellis.com/> .

Contacts:

Paula Buffa, CCIM, RPA 813-830-7887

Jeffrey Sweeney, SIOR President 407-481-5387

Larry Vershel Communications 407-644-4142

Tuesday, August 25, 2009

Commercial Real Estate, Investment Analyst Sees Mixed Signals on Economy, Housing News Promising


Commercial Real Estate, Investment Analyst Sees Mixed Signals on Economy, Housing News Promising

ORLANDO, Fla. - Veteran commercial real estate and investments analyst George Livingston, chairman emeritus of NAI Realvest in Maitland, said the Federal Bank of Atlanta’s recent economic update reports mixed signals on the U.S. economy but good news for the U.S. housing market.

While consumer gauges---the U.S. Consumer Confidence Index and the University of Michigan’s Consumer Sentiment Index---showed declines, capital goods orders increased modestly in June for the first time in more than a year.

Two major housing indices may signal a bottoming of the housing slump and the path toward recovery. The widely respected Case-Shiller Home Price Index was up, Livingston said, and new and existing single-family home sales were up in June for the third month in a row---and higher than industry expectations.

“It appears the housing market may be recovering and the rest of the economy is lagging,” said Livingston.

For more information, contact:
George Livingston, Chairman Emeritus, NAI Realvest 407-875-9989 glivingston@realvest.com
Patrick Mahoney, President, NAI Realvest, 407-875-9989 pmahoney@realvest.com
Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142 lvershelco@aol.com

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 325 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 http://www.nairealvest.com/.

Monday, August 24, 2009

Grubb & Ellis|Commercial Florida Broker honored by CoStar Group 2nd Year in a Row as a Top Retail Broker


Grubb & EllisCommercial Florida Broker honored by CoStar Group 2nd Year in a Row as a Top Retail Broker

TAMPA, Fla. – Michelle Seifert at Grubb & EllisCommercial Florida, which is associated with 130 Grubb & Ellis offices worldwide, was recently honored for the second year in a row as a top retail broker in the Tampa Bay region by the world’s leading provider of business information to the commercial real estate industry.

Jeffrey S. Sweeney, SIOR, president of Grubb & EllisCommercial Florida, said Seifert, who was promoted earlier this year to vice president of Grubb & Ellis’ Retail Services Group in Tampa, received the CoStar award for negotiating retail transactions in 2008 totaling more than $25 million.

“Michelle’s award, following her recent promotion to vice president, further solidifies her commitment to excel within the industry,” Sweeney said. “She has positioned herself to be the best of the best and is truly an asset to our organization,” he 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 40 brokers divided among its Orlando, Melbourne and Tampa offices to serve the entire mid-Florida marketplace.

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 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), tenant-in-common (TIC) investments suitable for tax-deferred 1031 exchanges, mutual funds and other real estate investment funds. For more information, visit http://www.grubb-ellis.com/.

Contact:

Grubb & EllisCommercial Florida, 3030 N. Rocky Point Drive W.,Tampa, FL 33609,www.commercialfl.com

Michelle Seifert 813-830-7285
Jeffrey Sweeney 407-481-5387
Larry Vershel 407-644-4142

Friday, August 14, 2009

Personal Financial Advice that’s Critical: Take Charge of Your Own Funds, Learn How to Analyze Investments, says Glen Mather

Personal Financial Advice that’s Critical: Take Charge of Your Own Funds, Learn How to Analyze Investments, says Glen Mather, head of Entrust Administrative Services

ORLANDO, Fla. - Whether you’re 35 or 60, three things are certain in today’s economic climate: things aren’t the way they once were, you can’t trust anyone to manage your savings, and you must learn how to think for yourself.

Those are strong words, and they come from someone who should know: Glen Mather, president of Entrust Administrative Services, LLC, which administers more than 2,000 self-directed retirement accounts valued at more than $200 million.

“The handwriting’s on the wall and it’s a topic on just about every evening news program,” said Mather, whose company won’t offer investment advice, even when asked. “From financial meltdowns to financial scandals to economic downturns, it’s clear that people who want to save for their future, and especially for their retirement, must take charge of their own destiny,” Mather said.

That’s not easy in a world where Wall Street speculators and high-powered fund managers have upended markets, invented bubbles and shaken some of the bluest blue-chip corporations like rag dolls, Mather sympathized.

Mather doesn’t mean to point fingers. “That’s a job for the courts and the regulatory agencies,” Mather said. “Our goal is to educate, motivate and facilitate individuals who are making their own best decisions,” he said.

“Over the past few years we have seen an incredible amount of capital erosion,” Mather explained. “What we used to think of as safe bets have proved no more predictable than a Vegas roulette wheel. Real estate has shed 40 percent of its value, impacting good neighborhoods and benchmark commercial properties as much as the rest. Blue chip corporations, the bastions of the American economy, are filing for bankruptcy protection and standing in line for government bailouts. Some of the most trusted names in financial services are victims to greed and manipulation, threatening the financial security of our nation,” Mather said.

The only antidote is for each of us to mend our ways.

“It is imperative that we take control of our own financial future,” Mather warned. “If we simply hand our savings over to financial managers, don’t get involved, and wait for the returns to roll in, we may end up broke and hungry and---like 50 percent of people over the age of 65 today---working part or full-time through our retirement,” he said.

The antidote is education---lots of it.

“We have to learn the fundamentals of the financial markets. We have to learn how to analyze the news, read between the lines, and understand the difference between market indicators and marketing propaganda,” he said.

For more information, contact:
Glen Mather, President, Entrust Administrative Services, Inc. 407-367-3472; gmather@entrustfl.com
Larry Vershel, Larry Vershel Communications 407-644-4142 lvershelco@aol.com

Tuesday, July 28, 2009

CEO of Entrust Administrative Services named to Board of Directors of Association for Corporate Growth


CEO of Entrust Administrative Services named to Board of Directors of Association for Corporate Growth


LAKE MARY, Fla. - Glen Mather, president of Entrust Administrative Services in Lake Mary, which administers more than $200 million in self-directed retirement accounts, was recently named to the board of directors for the Association of Corporate Growth (ACG).

Mather has been president of Entrust in Lake Mary since 2003. He has more than 25 years of experience in financial operations.

Founded in 1954, the Association for Corporate Growth, Inc. is the leading professional association for principals and executives focused on corporate growth, corporate development, and mergers and acquisitions.

The Orlando chapter of the Association for Corporate Growth, one of the fasting growing chapters in the 12,000 member organization, hosts the annual Smart Awards to recognize outstanding corporations that exhibit the highest standards of excellence.

Entrust is the leading provider of self-directed retirement plans in the nation. With more than 25 offices throughout the U.S., Entrust offices administer client-directed IRA and 401(k) plans.

For more information contact

Glen Mather, President Entrust Administrative Services, Inc. 407-367-3472; gmather@entrustfl.com;

Jason DeBono, Director, Business Development Entrust Administrative Services; 407-368-7878; jdebono@entrustfl.com;

Larry Vershel, Larry Vershel Communications 407-644-4142 lvershelco@aol.com

Tuesday, July 21, 2009

Entrust Administrative Services Launches Web-Based Seminars, Classes to Educate Retirement Investors


Entrust Administrative Services Launches Web-Based Seminars, Classes to Educate Retirement Investors

LAKE MARY, Fla. - Entrust Administrative Services, which provides administrative services for more than 2,000 self-directed retirement accounts that total more than $200 million, has launched a new web-based program of live streaming videos and webinars at http://www.entrustfl.com/ to educate retirement investors.

Glen Mather, president of Entrust Administrative Services, said the webinars and live streaming classes are provided free to interested investors.

“Our webinars and live streaming classes are designed to educate adults of all ages about the opportunities available to them to invest their own retirement funds,” Mather said.

What began as a service directed at retirement-aged adults has expanded to include younger adults, Mather explained.

“We serve many people in their 30s and 40s who are accumulating tax-free retirement accounts and who prefer to invest those funds rather than trust them to fund managers,” Mather said.

“We’re seeing a major shift in the way people save for retirement, and knowledgeable, well-educated investors can generate higher returns within their retirement accounts if they pay attention to all the investment vehicles available to them,” Mather explained.

Mather said self-directed retirement accounts in the U.S. represent a major new source of capital for private investment that could have profound effects on U.S. economic growth.
“Self-directed retirement accounts offer the most promising new trend in U.S. capital investment,” Mather said.

To view the webinars and live streaming video classes, visit http://www.entrustfl.com/.

For more information, contact:

Glen Mather, President Entrust Administrative Services, Inc. 407-367-3472; gmather@entrustfl.com

Jason DeBono, Director, Business Development Entrust Administrative Services; 407-368-7878; jdebono@entrustfl.com

Larry Vershel, Larry Vershel Communications 407-644-4142 lvershelco@aol.com

Friday, July 17, 2009

Grubb & Ellis|Commercial Florida Negotiates Sublease of 25,181 Square Feet of Industrial Space in Tampa

Grubb & EllisCommercial Florida Negotiates Sublease of 25,181 Square Feet of Industrial Space in Tampa

TAMPA, Fla. – Grubb & EllisCommercial Florida which is associated with 130 Grubb & Ellis offices worldwide, recently negotiated a sublease of 25,181 square feet of industrial space at 4500 W. Tampa Bay Blvd. in Tampa.

Chuck Bohac, vice president and Kostas Stoilas, associate with the Industrial & Land Services Group at Grubb & EllisCommercial Florida, negotiated the transaction representing the tenant/sublandlord, National Retail Transportation, Inc. of North Bergen, N.J.

The new tenant/sublessee, Denver-based Integrated Airline Services, Inc. is one of the largest independent aviation ground handlers in the U.S.

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/.

Contact:
Grubb & EllisCommercial Florida, 3030 N. Rocky Point Drive W., Tampa, FL 33609, http://www.commercialfl.com/
Chuck Bohac or Kostas Stoilas 813-639-1111J
effrey Sweeney, President 407-481-5387
Larry Vershel 407-644-4142

Tuesday, May 19, 2009

Entrust Administrative Services to Launch Sunday Morning Radio Program to Advise Small Investors on “Capital Ideas”


Entrust Administrative Services to Launch Sunday Morning Radio Program to Advise Small Investors on “Capital Ideas”


LAKE MARY, Fla. - Entrust Administrative Services, which administers more than 2,000 self-directed retirement accounts with a net worth of more than $200 million from offices in Lake Mary, Jacksonville and Boca Raton, is sponsoring the launch of “Capital Ideas,” a one-hour radio program on WORL-660 AM to advise small investors on new investment opportunities.


Glen Mather, president of Entrust Administrative Services, said he plans to host special guests and investment experts to talk about alternative investment opportunities.


The program will kick off May 24 at 9 a.m.


“Most investors are familiar with stocks and bonds and we’ll touch on those topics, but we plan to focus on the sorts of alternative investment opportunities that can be overlooked by many investors,” Mather said.


Mather said Capital Ideas will capture the real power of American capital in today’s economy.
“With all the attention on bailouts and macro economics, we’ve overlooked the most important element in our financial system, the millions of small investors who have worked hard all their lives and now hold the power to save the U.S. economy,” Mather said.


“Capital Ideas will celebrate their new power in this economy and analyze ways they are rebuilding the American economic system from the grassroots right up to the power centers,” he said.


For more information please contact:
Glen Mather, President Entrust Administrative Services, Inc. 407-367-3472 gmather@entrustfl.com;


Larry Vershel, Larry Vershel Communications 407-644-4142 lvershelco@aol.com

Friday, May 1, 2009

George Livingston: Last Quarter was The Worst, This One will be Better, Positive Growth should start by December


George Livingston: Last Quarter was The Worst, This One will be Better, Positive Growth should start by December


MAITLAND, Fla. - The first quarter of 2009 was the worst of the recession, according to longtime area market analyst George Livingston, chairman emeritus of Orlando-area based NAI Realvest.


“The current quarter will be less bad, and we’re already seeing signs of improvement, but we won’t see positive growth until the last quarter of this year or the first quarter of next year,” Livingston said.


“Initial recovery will be slow, full recovery won’t occur until well into the next decade,” Livingston said.


“Consumer confidence is low but it is getting better, and the same can be said for business confidence,” Livingston said.


“Profits are improving in some cases. Banks should do better as we move forward and the third quarter should see broad improvement in corporate earnings,” he said.


Livingston said housing should bottom by year-end, and recovery will be slow due to the drag of foreclosures. “When the housing market recovers, we won’t see the sort of peaks we’ve seen in the past,” he said.


The reason? “Unemployment will continue to increase through year-end,” Livingston said. “Job creation will be slow."


Economic trends will continue to have a negative effect on most commercial real estate sectors, Livingston added, including retail, office, warehouse and distribution.


“Rental apartments should be among the first to recover,” Livingston said.


For more information please contact:
George Livingston, Chairman Emeritus, NAI Realvest 407-875-9989 glivingston@realvest.com;

Janice Paiano, Director of Marketing, NAI Realvest jpaiano@realvest.com

Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142


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 325 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 http://www.nairealvest.com/.

Thursday, April 30, 2009

Stirling Sotheby’s International Realty negotiates lease agreement for 4,558 square feet of Class A office space in Plaza North Tower in Orlando


Stirling Sotheby’s International Realty negotiates lease agreement for 4,558 square feet of Class A office space in Plaza North Tower in Downtown Orlando


Roger Soderstrom, founder and owner of Stirling Sotheby’s International Realty, said John Kurtz of Stirling Sotheby’s International Realty’s World Marketing Center Team negotiated the lease agreement representing the landlord, Swamp Donkey LLC.


The lease agreement is worth more than $500,000, Soderstrom said.


For more information please contact
Roger Soderstrom, Founder/Owner Stirling Sotheby’s International Realty 407-588-1260

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, worldwide auctions, property management, in addition to supporting builders, developers, lenders, and asset managers. The company operates five performance centers which serve all of Central Florida.


Wednesday, April 29, 2009

Grubb & Ellis|Commercial Florida Negotiates Renewal lease at Brandon Medical Plaza


Grubb & EllisCommercial Florida Negotiates Renewal lease at Brandon Medical Plaza


TAMPA, Fla. - Grubb & EllisCommercial Florida, associated with 130 offices worldwide, recently negotiated a renewal agreement for 2,200 square feet of medical office space in the Brandon Medical Plaza at 427 S. Parsons Ave. in Brandon.


Richard Andretta, SIOR, vice president in the firm’s Office Group and associate Rob Turner negotiated the transaction representing the landlord, G&E Healthcare REIT Medical Portfolio based in South Coast Metro, Calif.


Local practitioner Dr. Larry Fishman is the tenant.


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. With more than 130 owned and affiliate offices worldwide, Grubb & Ellis offers property owners, corporate occupants and investors comprehensive integrated real estate solutions, including transaction, management, consulting and investment advisory services supported by proprietary market research and extensive local market expertise.

Grubb & Ellis and its subsidiaries are leading sponsors of real estate investment programs that provide individuals and institutions the opportunity to invest in a broad range of real estate investment vehicles, including tax-deferred 1031 tenant-in-common (TIC) exchanges; public non-traded real estate investment trusts (REITs) and real estate investment funds. As of March 31, 2008, more than $3.4 billion in investor equity has been raised for these investment programs. The company and its subsidiaries currently manage a growing portfolio of more than 218 million square feet of real estate. In 2007, Grubb & Ellis was selected from among 15,000 vendors as Microsoft Corporation's Vendor of the Year. For more information regarding Grubb & Ellis Company, please visit http://www.grubb-ellis.com/.


For information contact:
Richard Andretta,813-639-1111, Ext.255, 3030 N. Rocky Point Drive W.,Tampa, FL 33609, http://www.commercialfl.com/


Rob Turner, 813-639-1111, Ext. 235, 3030 N. Rocky Point Drive W.,Tampa, FL 33609, http://www.commercialfl.com/


Jeffrey Sweeney, 407-481-5387


Larry Vershel, 407-644-4142

Monday, April 27, 2009

UCF Business Incubation Program to Expand to Leesburg, St. Cloud

UCF Business Incubation Program to Expand to Leesburg, St. Cloud


ORLANDO, Fla. - The University of Central Florida Business Incubation Program, which currently serves more than 70 full-time clients in five Central Florida facilities, plans to expand to include programs in Leesburg and St. Cloud.


Dr. Tom O’Neal, associate vice president for the University’s Department of Research & Commercialization and executive director of the UCF Business Incubation Program, said he expects to open operations in St. Cloud and Leesburg by next spring.


Currently, the UCF Business Incubation Program operates two facilities near the University of Central Florida campus in Research Park, and three more – on Orange Ave. in downtown Orlando, in east Orlando on East Colonial and in Winter Springs at S.R. 434 and the 417.


“Effective incubation programs have proved to be the most cost efficient ways to stimulate local economic growth,” O’Neal explained.


O’Neal, who founded the UCF Business Incubation Program and ranks as one of the leading U.S. experts on business incubators, said successful incubation programs offer several common characteristics including: stable, sustainable program funding; a strong market position; entrepreneurial management; affiliation with a major research institution; a blue-ribbon board of directors or advisors; the ability to attract quality client companies; a strong client screening process; measurable goals and objectives; strong value-added services; and access to investment capital and community partnerships.


For more information contact:

Tom O’Neal. Ph.D, UCF Associate Vice President for Research and Commercialization and Incubation Program Executive Director, 407-882-1120, oneal@mail.ucf.edu

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


About the UCF Incubation Program:
Since its founding in 1999, the UCF Incubation Program has helped more than 100 emerging companies (including nearly 70 current clients) create over $500 million in annual revenue and more than 900 new jobs with an average salary of $59,000. With five facilities across the metro Orlando community, the Incubation Program is a collaboration in economic development between UCF, Orange County, the City of Orlando, Seminole County, the City of Winter Springs, and the Florida High Tech Corridor Council. For more information, please visit http://www.incubator.ucf.edu/.

Thursday, April 23, 2009

Crossman & Company Appoints Whitaker Leonhardt Research Analyst

Crossman & Company Appoints Whitaker Leonhardt Research Analyst


ORLANDO, Fla. - Crossman & Company, one of Central Florida’s leading retail leasing and property management firms, has appointed Whitaker Leonhardt research analyst.


John Crossman, president of Crossman & Company, said Leonhardt attended Georgetown University in Washington D.C. and will graduate with a masters degree in real estate from the University of Florida in May.


For more information please contact:
John Crossman CCIM, President, Crossman & Company, 407-581-6218
Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142


About Crossman & Company:
Crossman & Company is one of the largest third-party retail leasing and management companies in Central Florida, based upon the total number of retail square footage. Founded in Orlando, Fla. in 1990, Crossman & Company is a full service commercial real estate firm that advises its clients in leasing, management, development and investment sales of retail and office properties. Please visit http://www.crossmanco.com/, or call 407.423.5400 for more information.

Tuesday, April 21, 2009

Grubb & Ellis|Commercial Florida Appoints Cheryl Harrington Vice President of Retail Services in Melbourne


Grubb & EllisCommercial Florida Appoints Cheryl Harrington Vice President of Retail Services in Melbourne


MELBOURNE, Fla. - Grubb & EllisCommercial Florida, which is associated with 130 Grubb & Ellis offices worldwide, has appointed Cheryl Harrington vice president of Retail Services in Melbourne.


Jeffrey Sweeney, SIOR, president of Grubb & EllisCommercial Florida, said Harrington has more than thirteen years of experience in real estate including seven years in Florida as a commercial real estate broker with another five years in Illinois.


Harrington dealt with all aspects of the leasing, management and/or development of seventeen commercial properties including office and retail properties totaling more than 500,000 square feet, managing in excess of 120 tenants.

“Cheryl’s great people skills enable her to open and close deals in our arena. We think she’ll add an amazing energy to Grubb & Ellis,” Sweeney said.


Prior to joining Grubb & EllisCommercial Florida Harrington was a commercial leasing and sales manager for The Coy A. Clark Company in West Melbourne.


For more information, contact:

Jeff Sweeney, President Grubb & EllisCommercial Florida, 407-481-5378, jsweeney@commercialfl.com

Cheryl Harrington, VP of Retail Services, Grubb & EllisCommercial Florida, 304 S. Harbor City Blvd. Ste. 101, Melbourne, FL 32901, 321-984-1957

Larry Vershel, Larry Vershel Communications, 407-644-4142, lvershelco@aol.com


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 40 brokers divided among its Melbourne, Orlando and Tampa offices to 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. With more than 130 owned and affiliate offices worldwide, Grubb & Ellis offers property owners, corporate occupants and investors comprehensive integrated real estate solutions, including transaction, management, consulting and investment advisory services supported by proprietary market research and extensive local market expertise.


Grubb & Ellis and its subsidiaries are leading sponsors of real estate investment programs that provide individuals and institutions the opportunity to invest in a broad range of real estate investment vehicles, including tax-deferred 1031 tenant-in-common (TIC) exchanges; public non-traded real estate investment trusts (REITs) and real estate investment funds. As of Sept. 30, 2008, more than $3.8 billion in investor equity has been raised for these investment programs. The company and its subsidiaries currently manage a growing portfolio of more than 225 million square feet of real estate. In 2007, Grubb & Ellis was selected from among 15,000 vendors as Microsoft Corporation's Vendor of the Year. For more information regarding Grubb & Ellis Company, please visit http://www.grubb-ellis.com/.