ORLANDO - Old Florida National Bank and Mercantile Capital Corporation have entered into a merger agreement. Old Florida National Bank (Old Florida), headquartered in downtown Orlando, expects the merger to be finalized in the late fourth quarter or early first quarter of 2011.
Randy Burden, chairman of Old Florida, and Geof Longstaff, chairman of Mercantile, jointly announced the merger.
Old Florida National Bank, formed in 1982, currently operates eight full-service retail banking facilities throughout Central Florida and Inverness, Fla. and boasts over $375 million in assets
Mercantile, the seven-year-old Altamonte Springs firm that specializes in U.S. Small Business Administration (SBA) 504 loans for owners of small to mid-sized businesses who want to acquire or develop their own facilities, has provided commercial loans in 30 states and Puerto Rico for more than $513 million in total project costs since it opened as Mercantile Commercial Capital, LLC in late 2002.
“The merger substantially extends Old Florida’s capacity to engage in commercial lending,” Randy Burden said.
“Mercantile ranks as one of the largest and best known providers of SBA-504 lending in the nation,” Burden said. “They have succeeded in developing a well-known and well-respected brand with a solid reputation in the small business community,” Burden added.
Longstaff, who has served as president of three banks in the area over the past three decades, said the merger brings substantial resources to bear on Mercantile’s effort to serve small business owners nationwide.
John Burden, president of Old Florida, said “the merger creates a strong, cohesive banking organization squarely focused on serving consumers, professionals and the small business sector.”
“Old Florida National Bank is a hometown bank well known for personal service to our customers and a smart, reliable approach to banking,” Burden said.
“We are very pleased to offer Mercantile’s services to our customers and to further our service to Central Florida’s small business community,” he said.
Christopher G. Hurn, chief executive officer of Mercantile Capital Corporation, said “the merger enables Mercantile to expand its services and to help more small business owners nationally.”
“Our merger substantially expands the capital resources we can bring to the small business sector of the U.S. economy,” said Hurn.
Mercantile Capital Corporation will operate as a wholly-owned subsidiary of Old Florida National Bank. The combined entities are estimated to have nearly $400 million in total assets upon completion of their merger, making Old Florida one of the largest Orlando-based community banks.
For more information, Contact: John Burden, President Old Florida National Bank, 407-388-6136
Monday, August 30, 2010
Orlando Attorney Mark Lippman Issues Media Statement Regarding Legal Representation in Casey Anthony Case
ORLANDO - Orlando attorney Mark Lippman issued the following statement regarding his firm’s representation of George and Cindy Anthony, the parents Casey Anthony.
Lippman Law Offices, P.A., previously represented George and Cindy Anthony in their civil mortgage foreclosure. We continue to represent them in this matter.
Subsequent to the resignation of attorney Brad Conway as legal representative of George and Cindy Anthony in the matter involving Casey Anthony, we have agreed with George and Cindy Anthony to expand our role to assume attorney Conway’s former responsibilities.
Lippman Law Offices, P.A., takes the firm position that excessive exposure in the news media adds undue burdens on the court in its constitutional responsibility to administer justice fairly and equitably. Further, excessive media coverage and resulting speculation is detrimental to the interests of our clients.
We are sensitive to the important role of the news media in informing the public, and we do not wish to dissuade or prevent news media representatives from fulfilling their responsibilities. We will answer all appropriate questions as we are able.
However, we will not engage in speculation. We will not offer opinions. We will not endeavor to interpret the actions of the judge, other attorneys engaged in this matter, or other participants. We will not divulge information that may violate attorney client privilege.
Understandably, these stipulations may disappoint some media professionals and will likely limit our responses to certain questions.
Our only role is to represent the interests of our clients. In good conscience, we cannot not contribute to distractions that may hinder the presentation of the defense in this case nor that of the prosecution.
We request your forbearance in this regard.
Attorney Mark Lippman said he will issue further statements as the case unfolds.
For more information about this press release, contact: Mark Lippman, Esq., Lippman Law Offices, 255 S. Orange Ave. Orlando; 407-648-4213; Mark@llopa.com
Lippman Law Offices, P.A., previously represented George and Cindy Anthony in their civil mortgage foreclosure. We continue to represent them in this matter.
Subsequent to the resignation of attorney Brad Conway as legal representative of George and Cindy Anthony in the matter involving Casey Anthony, we have agreed with George and Cindy Anthony to expand our role to assume attorney Conway’s former responsibilities.
Lippman Law Offices, P.A., takes the firm position that excessive exposure in the news media adds undue burdens on the court in its constitutional responsibility to administer justice fairly and equitably. Further, excessive media coverage and resulting speculation is detrimental to the interests of our clients.
We are sensitive to the important role of the news media in informing the public, and we do not wish to dissuade or prevent news media representatives from fulfilling their responsibilities. We will answer all appropriate questions as we are able.
However, we will not engage in speculation. We will not offer opinions. We will not endeavor to interpret the actions of the judge, other attorneys engaged in this matter, or other participants. We will not divulge information that may violate attorney client privilege.
Understandably, these stipulations may disappoint some media professionals and will likely limit our responses to certain questions.
Our only role is to represent the interests of our clients. In good conscience, we cannot not contribute to distractions that may hinder the presentation of the defense in this case nor that of the prosecution.
We request your forbearance in this regard.
Attorney Mark Lippman said he will issue further statements as the case unfolds.
For more information about this press release, contact: Mark Lippman, Esq., Lippman Law Offices, 255 S. Orange Ave. Orlando; 407-648-4213; Mark@llopa.com
Thursday, August 19, 2010
Congressional Candidate Paul Partyka: The Biggest Concern in District 24 is Issues, not personalities
WINTER SPRINGS - Paul Partyka, Democratic candidate for Congress in Florida’s 24th District, has been talking with voters every day for the past three months in his bid to unseat the district’s freshman incumbent in the Aug. 24 primary election and then a Republican opponent in November.
His conversations have taught him a valuable lesson.
“The biggest concerns voters have in District 24 are issues, Partyka said. “We Americans face tremendous challenges as a nation, and politicians who focus on fear, hatred, mud-slinging and back-biting are going to see that backfire,” he said.
Partyka said his focus on policy issues gives him the edge over incumbent Suzanne Kosmas.
“The four most important issues in District 24 are jobs, the economy, health care and immigration,” Partyka said, “and the incumbent has done nothing but waffle on any of them.”
Partyka said his campaign has focused exclusively on policy issues since he decided to run for Congress last year.
“I won’t attack the integrity of the incumbent,” Partyka said, “nor can she attack mine. We are both honorable people. In District 24, the question comes down to, ‘what have you done for the people of Florida?’ And she has failed in that regard.”
“The only way we are going to get our nation moving forward again is to elect representatives who will act. So far as we can tell, the incumbent has spent most of her energies protecting her seat. That’s not what District 24 wants,” Partyka said, “and that’s not what the nation needs.”
Partyka said he decided to run for office because he is frustrated by political do-nothings.
“I hate posturing,” Partyka said. “America needs action, not poise. We need a lot more pushing and pulling and a lot less primping and posing,” he said.
Partyka said his campaign--called a long-shot by some observers--will create some ripples come Aug. 24.
“The voters are going to surprise the pundits and the party elite,” Partyka said. “While the professional politicians have focused on style, the voters are looking at substance, and that’s where we win,” he said.
* * *
Contacts: Paul P. Partyka, 407-341-0805 PaulPartykaforCongress@Gmail.com; Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142 Lvershelco@aol.com
*****
Paid for and approved by the Paul Partyka for Congress Committee
His conversations have taught him a valuable lesson.
“The biggest concerns voters have in District 24 are issues, Partyka said. “We Americans face tremendous challenges as a nation, and politicians who focus on fear, hatred, mud-slinging and back-biting are going to see that backfire,” he said.
Partyka said his focus on policy issues gives him the edge over incumbent Suzanne Kosmas.
“The four most important issues in District 24 are jobs, the economy, health care and immigration,” Partyka said, “and the incumbent has done nothing but waffle on any of them.”
Partyka said his campaign has focused exclusively on policy issues since he decided to run for Congress last year.
“I won’t attack the integrity of the incumbent,” Partyka said, “nor can she attack mine. We are both honorable people. In District 24, the question comes down to, ‘what have you done for the people of Florida?’ And she has failed in that regard.”
“The only way we are going to get our nation moving forward again is to elect representatives who will act. So far as we can tell, the incumbent has spent most of her energies protecting her seat. That’s not what District 24 wants,” Partyka said, “and that’s not what the nation needs.”
Partyka said he decided to run for office because he is frustrated by political do-nothings.
“I hate posturing,” Partyka said. “America needs action, not poise. We need a lot more pushing and pulling and a lot less primping and posing,” he said.
Partyka said his campaign--called a long-shot by some observers--will create some ripples come Aug. 24.
“The voters are going to surprise the pundits and the party elite,” Partyka said. “While the professional politicians have focused on style, the voters are looking at substance, and that’s where we win,” he said.
* * *
Contacts: Paul P. Partyka, 407-341-0805 PaulPartykaforCongress@Gmail.com; Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142 Lvershelco@aol.com
*****
Paid for and approved by the Paul Partyka for Congress Committee
Crossman & Company Releases ICSC 2010 Florida Retail Report
ORLANDO - Crossman & Company, one of the largest third party retail leasing and management firms in the Southeast, will be presenting the bi-annual ICSC Florida Retail Report at the Keynote Presentation, Monday Aug. 23 at 1 p.m. Crossman & Company has produced the report on behalf of ICSC for the past 15 years, and includes contributions from over 75 separate companies throughout the state.
“We have seen a return to stability in the market in the first half of 2010,” stated Justin Greider, the primary author of the report. “In nearly every market of the state we have seen the freefall of rents and occupancy leveling off, indicating we may have found the bottom of the market, though significant challenges still remain for owners and retailers alike.”
The report notes that rental rates for the entire state average $16.60 for mid-year 2010, down nearly 15 percent from the peak in the first quarter of 2008. Occupancy has leveled off at just over 89 percent, a decrease of about 6 percent from its peak in 2006.
“The outlook for the next 6-12 months is one of cautious optimism,” Greider added, “People throughout the state are very positive, but the recovery is going to be long and slow, and there is still a lot of over-valued product that has to work its way through the system.”
***
To view the 2010 ICSC Florida Retail Report go to: http://crossmanco.com/assets/files/2010%20ICSC%20Florida%20Retail%20Report.pdf
* * *
For more information, contact:
Justin M Greider, Senior Associate, Crossman & Company, ICSC Southern Division NextGen Chair, 407-581-6225; John Crossman, CCIM, President, Crossman & Company, 407-581-6218, jcrossman@crossmanco.com; Molly Delahunty, Crossman & Company, 407-581-6220 mdelahunty@crossmanco.com; Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142, lvershelco@aol.com
About Crossman & Company: Headquartered in Orlando, Florida, Crossman & Company is a commercial real estate brokerage firm that specializes in the retail industry. Currently their portfolio under leasing and/or management exceeds 150 shopping centers throughout the Southeast US. Founded in 1990, Crossman & Company focuses solely on landlord representation and serves clients including Publix, PREIT, and GE. Please visit www.crossmanco.com, or call 407-423-5400 for more information.
“We have seen a return to stability in the market in the first half of 2010,” stated Justin Greider, the primary author of the report. “In nearly every market of the state we have seen the freefall of rents and occupancy leveling off, indicating we may have found the bottom of the market, though significant challenges still remain for owners and retailers alike.”
The report notes that rental rates for the entire state average $16.60 for mid-year 2010, down nearly 15 percent from the peak in the first quarter of 2008. Occupancy has leveled off at just over 89 percent, a decrease of about 6 percent from its peak in 2006.
“The outlook for the next 6-12 months is one of cautious optimism,” Greider added, “People throughout the state are very positive, but the recovery is going to be long and slow, and there is still a lot of over-valued product that has to work its way through the system.”
***
To view the 2010 ICSC Florida Retail Report go to: http://crossmanco.com/assets/files/2010%20ICSC%20Florida%20Retail%20Report.pdf
* * *
For more information, contact:
Justin M Greider, Senior Associate, Crossman & Company, ICSC Southern Division NextGen Chair, 407-581-6225; John Crossman, CCIM, President, Crossman & Company, 407-581-6218, jcrossman@crossmanco.com; Molly Delahunty, Crossman & Company, 407-581-6220 mdelahunty@crossmanco.com; Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142, lvershelco@aol.com
About Crossman & Company: Headquartered in Orlando, Florida, Crossman & Company is a commercial real estate brokerage firm that specializes in the retail industry. Currently their portfolio under leasing and/or management exceeds 150 shopping centers throughout the Southeast US. Founded in 1990, Crossman & Company focuses solely on landlord representation and serves clients including Publix, PREIT, and GE. Please visit www.crossmanco.com, or call 407-423-5400 for more information.
Monday, August 16, 2010
Stirling Sotheby's International Realty Market Report Shows Alaqua Lakes Homes are Holding Their Value, although Sales are Down
LAKE MARY - Alaqua Lakes, the luxury country club community located at Lake Mary Blvd. and Markham Woods Road in Seminole County, appears to be holding home values better than most neighborhoods in central Florida.
Cassandra Levine, luxury homes specialist at Stirling Sotheby’s International Realty and Alaqua Lakes community specialist, said seven luxury homes have sold during the first six months of 2010 at an average sale price of $977,942. In 2009, Alaqua Lakes saw sales at a lower average price of $868,153, Levine said.
The highest sale price for the first half of the year was $1,264,000, but it’s lower than the $1,475,000 highest sale reported in 2009.
Thirty-three luxury homes at Alaqua Lakes were listed for sale during the first six months of 2010, Levine said, compared with 45 in 2009.
Sellers are reducing their asking prices, but only slightly, Levine said.
“In 2009, the average asking price listed was $988,330. Today, the average asking price is $1,070,948,” she said. That could change, but not much.
”The difference between the average asking price and the average sale price is less than 10 percent,” Levine said.
“There’s some room for negotiation, but Alaqua Lakes was well-established before the real estate downturn and asking prices are very realistic here,” Levine added.
To view a video of Alaqua Lakes, go to http://www.stirlingsir.com/video/uneek/Video/ALAQUA%20SMALL%20GOOD.wmv.
To view the Alaqua Lakes Market Trends, go to http://www.stirlingsir.com/video/uneek/Video/ALAQUA%20SMALL%20GOOD.wmv
For more information, contact: Cassandra Levine, Luxury Home Specialist, Stirling Sotheby’s International Realty-Heathrow/Lake Mary, 407-620-8483; clevine@StirlingSIR.com; 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 zones which serve all of Central Florida. Visit www.StirlingSIR.com.
Cassandra Levine, luxury homes specialist at Stirling Sotheby’s International Realty and Alaqua Lakes community specialist, said seven luxury homes have sold during the first six months of 2010 at an average sale price of $977,942. In 2009, Alaqua Lakes saw sales at a lower average price of $868,153, Levine said.
The highest sale price for the first half of the year was $1,264,000, but it’s lower than the $1,475,000 highest sale reported in 2009.
Thirty-three luxury homes at Alaqua Lakes were listed for sale during the first six months of 2010, Levine said, compared with 45 in 2009.
Sellers are reducing their asking prices, but only slightly, Levine said.
“In 2009, the average asking price listed was $988,330. Today, the average asking price is $1,070,948,” she said. That could change, but not much.
”The difference between the average asking price and the average sale price is less than 10 percent,” Levine said.
“There’s some room for negotiation, but Alaqua Lakes was well-established before the real estate downturn and asking prices are very realistic here,” Levine added.
To view a video of Alaqua Lakes, go to http://www.stirlingsir.com/video/uneek/Video/ALAQUA%20SMALL%20GOOD.wmv.
To view the Alaqua Lakes Market Trends, go to http://www.stirlingsir.com/video/uneek/Video/ALAQUA%20SMALL%20GOOD.wmv
For more information, contact: Cassandra Levine, Luxury Home Specialist, Stirling Sotheby’s International Realty-Heathrow/Lake Mary, 407-620-8483; clevine@StirlingSIR.com; 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 zones which serve all of Central Florida. Visit www.StirlingSIR.com.
Grubb & Ellis|Commercial Florida Relocates Orlando Headquarters to Larger Facilities
ORLANDO - Grubb & EllisCommercial Florida is relocating its Central Florida headquarters to larger facilities at 20 N. Orange Ave. in downtown Orlando.
Jeff Sweeney, SIOR, president of Grubb & EllisCommercial Florida, said the new 7,000 square foot headquarters facility will allow room to grow.
“We are expanding, and will be hiring more commercial real estate professionals,” Sweeney said.
The firm was headquartered at a 5,600 square foot suite in the Landmark Center at 315 E. Robinson St. in downtown Orlando.
* * *
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 Orlando, Melbourne and Tampa offices to serve the entire mid-Florida marketplace.
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 6,000 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.
Jeff Sweeney, SIOR, president of Grubb & EllisCommercial Florida, said the new 7,000 square foot headquarters facility will allow room to grow.
“We are expanding, and will be hiring more commercial real estate professionals,” Sweeney said.
The firm was headquartered at a 5,600 square foot suite in the Landmark Center at 315 E. Robinson St. in downtown Orlando.
* * *
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 Orlando, Melbourne and Tampa offices to serve the entire mid-Florida marketplace.
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 6,000 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.
NAI Realvest negotiates sale of industrial condominium for $168,000 at Anchor Road Commerce Center in Casselberry
ORLANDO — NAI Realvest recently negotiated the sale of units 1536 and 1542 with 2,400 square feet in the Anchor Road Commerce Center at 206 Reece Way in Casselberry.
Michael Heidrich, a principal at NAI Realvest, negotiated the sales representing the seller, Anchor Road Commerce Center, LLC of Maitland.
Pyramid Enterprises LLC of Largo, Fla. purchased the two units for $168,000.
For more information, contact: Michael Heidrich, Principal NAI Realvest, 407-875-9989 mheidrich@realvest.com; Patrick Mahoney, Principal/Chief Operating Officer, 407-875-9989
About NAI Realvest: NAI Realvest in Orlando, covering all of Central Florida, is a fully integrated commercial real estate operating company specializing in brokerage, development, investment, leasing and management, consulting and research services in the U.S. and worldwide. NAI Global is an international commercial real estate network with over 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.
Michael Heidrich, a principal at NAI Realvest, negotiated the sales representing the seller, Anchor Road Commerce Center, LLC of Maitland.
Pyramid Enterprises LLC of Largo, Fla. purchased the two units for $168,000.
For more information, contact: Michael Heidrich, Principal NAI Realvest, 407-875-9989 mheidrich@realvest.com; Patrick Mahoney, Principal/Chief Operating Officer, 407-875-9989
About NAI Realvest: NAI Realvest in Orlando, covering all of Central Florida, is a fully integrated commercial real estate operating company specializing in brokerage, development, investment, leasing and management, consulting and research services in the U.S. and worldwide. NAI Global is an international commercial real estate network with over 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.
Stirling Sotheby’s International Realty names Michael Springer Marketing Associate in its World Marketing Center
ORLANDO – Stirling Sotheby’s International Realty has appointed Michael Springer an associate with its World Marketing Center team in downtown Orlando.
Roger Soderstrom, founder and owner of Stirling Sotheby’s International Realty said Springer, a central Florida resident for more than 20 years, has some seven years of experience in outreach marketing and most recently was coached by the Mike Ferry NLP Coaching System that helps real estate agents succeed.
Springer’s accomplishments extend far beyond real estate sales coaching, Soderstrom said. He has extensive experience as a renowned public speaker and is a devoted advocate for self-development.
He served as a taskforce board member with Family Services Metro Orlando, has addressed Orlando’s top executives and civic organizations extensively to raise funds and awareness for adolescents and youth.
Soderstrom said Springer will focus on marketing Stirling Sotheby’s International Realty luxury and executive home listings and will work with buyers and sellers locally, nationally and internationally. He will also assist new home builders and developers to maximize the marketing efforts and potential of their properties.
For more information about this press release, contact: Roger Soderstrom, Founder/Owner Stirling Sotheby’s International Realty 407-581-7890
Roger Soderstrom, founder and owner of Stirling Sotheby’s International Realty said Springer, a central Florida resident for more than 20 years, has some seven years of experience in outreach marketing and most recently was coached by the Mike Ferry NLP Coaching System that helps real estate agents succeed.
Springer’s accomplishments extend far beyond real estate sales coaching, Soderstrom said. He has extensive experience as a renowned public speaker and is a devoted advocate for self-development.
He served as a taskforce board member with Family Services Metro Orlando, has addressed Orlando’s top executives and civic organizations extensively to raise funds and awareness for adolescents and youth.
Soderstrom said Springer will focus on marketing Stirling Sotheby’s International Realty luxury and executive home listings and will work with buyers and sellers locally, nationally and internationally. He will also assist new home builders and developers to maximize the marketing efforts and potential of their properties.
For more information about this press release, contact: Roger Soderstrom, Founder/Owner Stirling Sotheby’s International Realty 407-581-7890
NAI Realvest Negotiates Sublease for 15,000 square foot warehouse facility in Lakeland
MAITLAND – NAI Realvest recently negotiated a new sublease agreement for the 15,000 square foot warehouse facility and its 4.26-acre site at 3306 Waterfield Rd. off U.S. 98 and Polk Parkway in Lakeland.
Sean DuPree CCIM, associate at NAI Realvest, negotiated the transaction representing the sublessor Atlantic Acquisition Corp. d/b/a Allied Building Products, headquartered in East Rutherford, N.J.
The tenant, subleasing the property for two-and-a-half years, is The Car Book, Inc. of Auburndale, Fla.
For more information contact: Sean DuPree, CCIM, NAI Realvest 407-875-9989; sdupree@realvest.com; Patrick Mahoney, President, NAI Realvest 407-875-9989 pmahoney@realvest.com
About NAI Realvest: NAI Realvest in Orlando, covering all of Central Florida, is a fully integrated commercial real estate operating company specializing in brokerage, development, investment, leasing and management, consulting and research services in the U.S. and worldwide. NAI Global is an international commercial real estate network with over 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.
Sean DuPree CCIM, associate at NAI Realvest, negotiated the transaction representing the sublessor Atlantic Acquisition Corp. d/b/a Allied Building Products, headquartered in East Rutherford, N.J.
The tenant, subleasing the property for two-and-a-half years, is The Car Book, Inc. of Auburndale, Fla.
For more information contact: Sean DuPree, CCIM, NAI Realvest 407-875-9989; sdupree@realvest.com; Patrick Mahoney, President, NAI Realvest 407-875-9989 pmahoney@realvest.com
About NAI Realvest: NAI Realvest in Orlando, covering all of Central Florida, is a fully integrated commercial real estate operating company specializing in brokerage, development, investment, leasing and management, consulting and research services in the U.S. and worldwide. NAI Global is an international commercial real estate network with over 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.
Melrose-Sovereign Companies Ranked in the top 50 Among Florida’s Best Companies to Work for in 2010 by Florida Trend Magazine
ORLANDO - Melrose-Sovereign Companies, which ranks as one of the largest condominium, community and home owner association management companies in Florida, was recently ranked among Florida’s Best Companies to work for in 2010 by Florida Trend magazine.
Florida Trend, the “magazine of Florida Business,” conducts this business survey annually. In identifying Florida’s best employers, the analysis is based on work environment, employee satisfaction, compensation, corporate benefit package and ongoing management training.
Ellen Lumpkin, LCAM and Jack Hanson, LCAM, co-founders and principals at Melrose-Sovereign, said the Orlando-based company, with over 80 full and part time employees, currently has eight offices throughout the state. The 17-year-old company manages more than 170 condominium, community and home owner associations. Melrose-Sovereign’s clients include many of Florida’s best known community builders.
For more information contact: Jack B. Hanson, LCAM, Partner/co-founder, Melrose-Sovereign Companies, 407-228-4181, jhanson@melrose-sovereign.com; Ellen G. Lumpkin, LCAM, Partner/Co-founder, Melrose-Sovereign Companies, 407-228-4181, elumpkin@melrose-sovereign.com
Florida Trend, the “magazine of Florida Business,” conducts this business survey annually. In identifying Florida’s best employers, the analysis is based on work environment, employee satisfaction, compensation, corporate benefit package and ongoing management training.
Ellen Lumpkin, LCAM and Jack Hanson, LCAM, co-founders and principals at Melrose-Sovereign, said the Orlando-based company, with over 80 full and part time employees, currently has eight offices throughout the state. The 17-year-old company manages more than 170 condominium, community and home owner associations. Melrose-Sovereign’s clients include many of Florida’s best known community builders.
For more information contact: Jack B. Hanson, LCAM, Partner/co-founder, Melrose-Sovereign Companies, 407-228-4181, jhanson@melrose-sovereign.com; Ellen G. Lumpkin, LCAM, Partner/Co-founder, Melrose-Sovereign Companies, 407-228-4181, elumpkin@melrose-sovereign.com
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