MAITLAND, Fla. – NAI Realvest recently negotiated a 10-year lease agreement for 8,500 square feet in Dunlawton Square Shopping Center at the corner of Dunlawton Blvd. and S. Nova Road in Port Orange.
Mez Birdie, CCIM, director of retail services at NAI Realvest, negotiated the transaction on behalf of the tenant, a franchisee of TGI Friday’s. The space is an end cap of a former K-Mart.
Birdie said the restaurant opening is scheduled for this fall.
The local landlord is Dunlawton Nova Investors, LLC represented by John Trost of Prudential Commercial.
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 through NAI Global, an international commercial real estate network with over 350 offices spanning the globe. Since 1978, clients have built their 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.
Tuesday, August 16, 2011
Home Sales at Celebration up 10 percent so far this year, says Stirling Sotheby’s Sales Pro
ORLANDO, Fla. --- A study of housing sales at Celebration by Stirling Sotheby’s International Realty Trusted Real Estate Advisor Chris Wilson shows sales of luxury homes during the first half of the year are up about 10 percent over the same period last year and the rest of the year looks even better; pending sales have almost doubled. (http://www.stirlingsir.com/eflyers/pr/08112011/cmt.pdf )
Wilson said 86 homes sold at Celebration from Jan 1 through June 30, including 24 homes that sold for more than $500,000.
Last year, Wilson said, Celebration housing sales totaled 78 homes, including 27 priced at more than $500,000.
One trend his study spotlighted is indicative of housing sales throughout the Central Florida region; while lower-priced homes took a dip in value, higher priced homes sold at a higher average than last year.
“The average sale price of all homes sold for less than $500,000 was down about $2,000 from the 2010 average,” Wilson said. “The average sale price of higher-end homes rose from $627,000 in 2010 to $699,000 this year.”
The study also shows fewer homes on the market.
“During the first half of 2010, sellers listed 147 homes for sale at Celebration,” Wilson said. “For the first six months of 2011, new listings at Celebration totaled 107.” Visit http://www.stirlingsir.com/eflyers/pr/08112011/cmt.pdf to view the report.
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, new home communities, commercial and investment properties, in addition to supporting builders, developers, lenders, and asset managers. The company operates two performance zones which serve all of Central Florida. Visit www.StirlingSIR.com.
Wilson said 86 homes sold at Celebration from Jan 1 through June 30, including 24 homes that sold for more than $500,000.
Last year, Wilson said, Celebration housing sales totaled 78 homes, including 27 priced at more than $500,000.
One trend his study spotlighted is indicative of housing sales throughout the Central Florida region; while lower-priced homes took a dip in value, higher priced homes sold at a higher average than last year.
“The average sale price of all homes sold for less than $500,000 was down about $2,000 from the 2010 average,” Wilson said. “The average sale price of higher-end homes rose from $627,000 in 2010 to $699,000 this year.”
The study also shows fewer homes on the market.
“During the first half of 2010, sellers listed 147 homes for sale at Celebration,” Wilson said. “For the first six months of 2011, new listings at Celebration totaled 107.” Visit http://www.stirlingsir.com/eflyers/pr/08112011/cmt.pdf to view the report.
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, new home communities, commercial and investment properties, in addition to supporting builders, developers, lenders, and asset managers. The company operates two performance zones which serve all of Central Florida. Visit www.StirlingSIR.com.
Cuhaci & Peterson Architects awarded contract to renovate 20,000 square foot Rainbow Shoppes in Tampa
ORLANDO, Fla. --- Cuhaci & Peterson Architects LLC, based in Orlando’s Baldwin Park, was recently awarded a contract to design renovations at Rainbow Shoppes, a 20,000 square foot retail center on Dale Mabry Blvd. in Tampa.
Lonnie Peterson, chairman of the architectural firm, said Bayway Property Management awarded the contract.
Lonnie Peterson, chairman of the architectural firm, said Bayway Property Management awarded the contract.
Del Webb Community Fundraisers Helped Raise More 13,000 to Benefit Susan G. Komen Foundation
Fla. --- Del Webb Communities, hosted “Cook for the Cure” fundraisers recently and helped raise more than $13,840 for the Susan G. Komen for the Cure cancer foundation.
Sean Strickler, vice president of sales of Del Webb, said Del Webb hosted “Cook for the Cure” simultaneously in five Del Webb Florida communities, including Del Webb Stone Creek in Ocala, Sweetwater by Del Webb in Jacksonville, Riverwood at Nocatee by Del Webb in Ponte Vedra, Del Webb Orlando in Davenport, and Del Webb Southshore Falls in Apollo Beach near Tampa.
Residents contributed donations and bid on silent auction items, Strickler reported.
1,000 Cooks for the Cure is part of Cook for the Cure®, a decade-long partnership between Komen and KitchenAid, which has raised more than $8 million for the cause through the sale of pink cooking products, celebrity chef auctions and grass-roots initiatives. Now, Del Webb is lending its community amenities centers and enlisting enthusiastic residents for the cause. While Cook for the Cure offers ways to support the cause year-round, the goal of this initiative is to enlist 1,000 cooks to host gatherings during these specific dates.
About KitchenAid
Since the introduction of its legendary stand mixer in 1919 and first dishwasher in 1949, KitchenAid has built on the legacy of these icons to create a complete line of products designed for cooks. Today, the KitchenAid brand offers virtually every essential for the well-equipped kitchen with a collection that includes everything from countertop appliances to cookware, ranges to refrigerators, and whisks to wine cellars. This year marks the brand's 10th anniversary of Cook for the Cure®, a partnership with Susan G. Komen for the Cure® that has raised over $8
million to help find a cure for breast cancer. To learn why chefs choose KitchenAid for their homes more than any other brand*, visit www.KitchenAid.com or join us at http://facebook.com/KitchenAid and http://twitter.com/KitchenAidUSA.
About Del Webb
Award-winning Del Webb active adult communities provide an optimum lifestyle at an affordable price for those ages 55 and older, creating an unmatched experience for “retirement.” Del Webb communities began with the original Sun City, which opened outside Phoenix, in 1960 and have grown to include more than 50 communities currently open for new home sales in 21 states. Del Webb is the best-known brand of active adult communities in America and draws on more than 50 years experience of providing residents an engaging life that fulfills their creative, physical, mental and social needs. For more information on Del Webb, see www.delwebb.com.
About Susan G. Komen for the Cure®
Nancy G. Brinker promised her dying sister, Susan G. Komen, she would do everything in her power to end breast cancer forever. In 1982 that promise became Susan G. Komen for the Cure and launched the global breast cancer movement. Today, Komen for the Cure is the world’s largest grassroots network of breast cancer survivors and activists fighting to save lives, empower people, ensure quality care for all and energize science to find the cures. Thanks to events like the Komen Race for the Cure® and Komen 3-Day for the Cure®, we have invested more than $1.9 billion to fulfill our promise, becoming the largest source of nonprofit funds dedicated to the fight against breast cancer in the world. For more information about Susan G. Komen for the Cure, breast health or breast cancer, visit komen.org or call 1-877 GO KOMEN.
* Based on a 2010 survey, KitchenAid was found to be the home kitchen appliance brand chosen most often by members of the International Association of Culinary Professionals.
Sean Strickler, vice president of sales of Del Webb, said Del Webb hosted “Cook for the Cure” simultaneously in five Del Webb Florida communities, including Del Webb Stone Creek in Ocala, Sweetwater by Del Webb in Jacksonville, Riverwood at Nocatee by Del Webb in Ponte Vedra, Del Webb Orlando in Davenport, and Del Webb Southshore Falls in Apollo Beach near Tampa.
Residents contributed donations and bid on silent auction items, Strickler reported.
1,000 Cooks for the Cure is part of Cook for the Cure®, a decade-long partnership between Komen and KitchenAid, which has raised more than $8 million for the cause through the sale of pink cooking products, celebrity chef auctions and grass-roots initiatives. Now, Del Webb is lending its community amenities centers and enlisting enthusiastic residents for the cause. While Cook for the Cure offers ways to support the cause year-round, the goal of this initiative is to enlist 1,000 cooks to host gatherings during these specific dates.
About KitchenAid
Since the introduction of its legendary stand mixer in 1919 and first dishwasher in 1949, KitchenAid has built on the legacy of these icons to create a complete line of products designed for cooks. Today, the KitchenAid brand offers virtually every essential for the well-equipped kitchen with a collection that includes everything from countertop appliances to cookware, ranges to refrigerators, and whisks to wine cellars. This year marks the brand's 10th anniversary of Cook for the Cure®, a partnership with Susan G. Komen for the Cure® that has raised over $8
million to help find a cure for breast cancer. To learn why chefs choose KitchenAid for their homes more than any other brand*, visit www.KitchenAid.com or join us at http://facebook.com/KitchenAid and http://twitter.com/KitchenAidUSA.
About Del Webb
Award-winning Del Webb active adult communities provide an optimum lifestyle at an affordable price for those ages 55 and older, creating an unmatched experience for “retirement.” Del Webb communities began with the original Sun City, which opened outside Phoenix, in 1960 and have grown to include more than 50 communities currently open for new home sales in 21 states. Del Webb is the best-known brand of active adult communities in America and draws on more than 50 years experience of providing residents an engaging life that fulfills their creative, physical, mental and social needs. For more information on Del Webb, see www.delwebb.com.
About Susan G. Komen for the Cure®
Nancy G. Brinker promised her dying sister, Susan G. Komen, she would do everything in her power to end breast cancer forever. In 1982 that promise became Susan G. Komen for the Cure and launched the global breast cancer movement. Today, Komen for the Cure is the world’s largest grassroots network of breast cancer survivors and activists fighting to save lives, empower people, ensure quality care for all and energize science to find the cures. Thanks to events like the Komen Race for the Cure® and Komen 3-Day for the Cure®, we have invested more than $1.9 billion to fulfill our promise, becoming the largest source of nonprofit funds dedicated to the fight against breast cancer in the world. For more information about Susan G. Komen for the Cure, breast health or breast cancer, visit komen.org or call 1-877 GO KOMEN.
* Based on a 2010 survey, KitchenAid was found to be the home kitchen appliance brand chosen most often by members of the International Association of Culinary Professionals.
Monday, August 15, 2011
Stirling Sotheby’s International Realty sells 34 home sites at Bella Foresta in Seminole County
ORLANDO, Fla. --- Stirling Sotheby’s International Realty reports it recently brokered the sale of 34 one acre luxury home sites at Bella Foresta, located on SR 46 in North Seminole County.
Roger Soderstrom, founder and owner of Stirling Sotheby’s International Realty said John Kurtz, associate for Stirling Sotheby’s represented the seller, Bradford Development Corp. based in Winter Garden.
The buyer — Taylor Morrison of Florida, Inc., who’s one of the best known home builders in Central Florida – paid $3,178,000 for the sites.
“Bella Foresta is a well-developed luxury community with a total of 54 one acre home sites,” Soderstrom said.
“The property is heavily treed, and the community’s Spanish Mediterranean architectural style is very striking,” he added.
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, new home communities, commercial and investment properties, in addition to supporting builders, developers, lenders, and asset managers. The company operates two performance zones which serve all of Central Florida. Visit www.StirlingSIR.com.
Roger Soderstrom, founder and owner of Stirling Sotheby’s International Realty said John Kurtz, associate for Stirling Sotheby’s represented the seller, Bradford Development Corp. based in Winter Garden.
The buyer — Taylor Morrison of Florida, Inc., who’s one of the best known home builders in Central Florida – paid $3,178,000 for the sites.
“Bella Foresta is a well-developed luxury community with a total of 54 one acre home sites,” Soderstrom said.
“The property is heavily treed, and the community’s Spanish Mediterranean architectural style is very striking,” he added.
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, new home communities, commercial and investment properties, in addition to supporting builders, developers, lenders, and asset managers. The company operates two performance zones which serve all of Central Florida. Visit www.StirlingSIR.com.
Rhodes+Brito Architects Earn Continuing Service Contract with City of Groveland
ORLANDO, Fla., --- Rhodes+Brito Architects based in Orlando was recently awarded a continuing services contract to provide architectural services for the City of Groveland.
Ruffin Rhodes, co-founder and partner at Rhodes+Brito Architects, said the continuing services contract enables the City of Groveland to initiate small architectural projects valued at under $2 million.
Rhodes+Brito Architects is a full-service architectural firm that opened its offices in downtown Orlando in 1996 to specialize in design of public facilities, including schools, airports and courthouses.
Ruffin Rhodes, co-founder and partner at Rhodes+Brito Architects, said the continuing services contract enables the City of Groveland to initiate small architectural projects valued at under $2 million.
Rhodes+Brito Architects is a full-service architectural firm that opened its offices in downtown Orlando in 1996 to specialize in design of public facilities, including schools, airports and courthouses.
Mattamy Homes Starts Construction at the Reserve at Loch Lake in Lake Mary Area, New Model Town Homes set to open in November
ORLANDO, Fla. --- Mattamy Homes has started construction of the first town homes at the Reserve at Loch Lake, located off Lake Mary Blvd. on Sterling Pine Street (approximately two miles east of I-4).
Steve Parker, president of Mattamy Homes U.S. Group, the U.S. division of Canada’s largest homebuilder, said the first model townhomes at the Reserve at Loch Lake will open in early November.
Mattamy plans to build 113 new three bedroom townhomes at the Reserve at Loch Lake that will range in size from 1,500 square feet of living space to 1,800 square feet, priced from the mid $100s, Parker said.
About Mattamy Homes U.S. Group
Mattamy Homes www.mattamyhomes.com expanded into the U.S. in 2003 and is headquartered in Winter Park, Fla. with divisions in Orlando, Jacksonville Phoenix, Minneapolis and Charlotte. The homebuilder, the largest and most active in Canada with annual revenues exceeding $1.3 billion was ranked among the highest of all homebuilders in the greater Toronto and Ottawa areas in a nationwide customer satisfaction survey conducted by J.D. Power Associates.
Steve Parker, president of Mattamy Homes U.S. Group, the U.S. division of Canada’s largest homebuilder, said the first model townhomes at the Reserve at Loch Lake will open in early November.
Mattamy plans to build 113 new three bedroom townhomes at the Reserve at Loch Lake that will range in size from 1,500 square feet of living space to 1,800 square feet, priced from the mid $100s, Parker said.
About Mattamy Homes U.S. Group
Mattamy Homes www.mattamyhomes.com expanded into the U.S. in 2003 and is headquartered in Winter Park, Fla. with divisions in Orlando, Jacksonville Phoenix, Minneapolis and Charlotte. The homebuilder, the largest and most active in Canada with annual revenues exceeding $1.3 billion was ranked among the highest of all homebuilders in the greater Toronto and Ottawa areas in a nationwide customer satisfaction survey conducted by J.D. Power Associates.
Mercantile Capital Corporation Provides Commercial Real Estate Loan in Longwood worth over $695,000
Altamonte Springs, Fla. – Mercantile Capital Corporation, which ranks as one of the nation’s leading providers of U.S. Small Business Administration (SBA) 504 loans for small business owners who want to acquire or develop their own facilities, recently closed a commercial loan for Metal Essence, Inc. for $695,250 in total project costs.
Metal Essence, Inc. is a precision metal and plastics fabricator that specializes in high-quality close-tolerance machining for the electronics, military, telecommunications and medical industries.
“We are excited about our new location and the opportunity it presents to expand our business,” said co-owner, Yvonne Stimac. “Thanks to Mercantile Capital Corp., we are putting money back into our company instead of throwing it away in rent payments.”
The SmartChoice Commercial Loan Program gives owners of small to mid-sized businesses like Metal Essence, Inc. an opportunity to create wealth and financial freedom. SmartChoice Commercial Loans, also known as SBA 504 loans, allow borrowers like Alfredo and Yvonne Stimac to own their commercial property with the highest cash-on-cash return financing available, without tying up their precious capital, so they can grow even faster.
For more information, visit www.TheSmartChoiceLoan.com and www.504Blog.com.
Metal Essence, Inc. is a precision metal and plastics fabricator that specializes in high-quality close-tolerance machining for the electronics, military, telecommunications and medical industries.
“We are excited about our new location and the opportunity it presents to expand our business,” said co-owner, Yvonne Stimac. “Thanks to Mercantile Capital Corp., we are putting money back into our company instead of throwing it away in rent payments.”
The SmartChoice Commercial Loan Program gives owners of small to mid-sized businesses like Metal Essence, Inc. an opportunity to create wealth and financial freedom. SmartChoice Commercial Loans, also known as SBA 504 loans, allow borrowers like Alfredo and Yvonne Stimac to own their commercial property with the highest cash-on-cash return financing available, without tying up their precious capital, so they can grow even faster.
For more information, visit www.TheSmartChoiceLoan.com and www.504Blog.com.
Former Mayor Richard T. Crotty, Crossman & Company President John Crossman to Headline Panel Discussion at ICSC Florida Conference Aug. 21-23
ORLANDO, Fla., -- John Crossman, president of Crossman & Company in Orlando, will head a panel discussion on the Florida economy during the International Council of Shopping Centers 2011 Florida Conference at the Gaylord Palms Resort in Kissimmee Aug. 21-23.
Crossman, a frequent speaker at national conferences, said panelists include former Orange County Mayor Richard T. Crotty, executive vice president of Crossman & Company; Suk Singh, senior vice president of chief development officer at Darden Restaurants, Kieran Quinn, managing director at Guggenheim Partners and Tim Becker, director of the Kelley A. Bergstrom Center for Real Estate Studies at the University of Florida.
Crossman said the panel will discuss a wide range of topics including a review of the Florida marketplace over the last 12 months and forecast of the upcoming 12 months.
“We plan to focus on the economy, retail trends, occupancy and rental rate trends, expanding retailers, and project updates,” Crossman said.
Crossman’s panel will be held at 8 a.m. Monday Aug. 22
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.
Crossman, a frequent speaker at national conferences, said panelists include former Orange County Mayor Richard T. Crotty, executive vice president of Crossman & Company; Suk Singh, senior vice president of chief development officer at Darden Restaurants, Kieran Quinn, managing director at Guggenheim Partners and Tim Becker, director of the Kelley A. Bergstrom Center for Real Estate Studies at the University of Florida.
Crossman said the panel will discuss a wide range of topics including a review of the Florida marketplace over the last 12 months and forecast of the upcoming 12 months.
“We plan to focus on the economy, retail trends, occupancy and rental rate trends, expanding retailers, and project updates,” Crossman said.
Crossman’s panel will be held at 8 a.m. Monday Aug. 22
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.
Beazer Homes Opens Five Ready-To-Move-In Single Family Homes at Sawgrass in South Orlando
ORLANDO, Fla. --- Beazer Homes recently opened five ready-to-move-in single family homes at Sawgrass, located on Sawgrass Plantation Blvd. between Landstar Blvd. and Weatherbee Rd. in south Orlando.
TheresaTilton, vice president of sales and marketing for Beazer homes in Orlando, said new two, three, and four-bedroom single family homes at Sawgrass, range in size from 1,402 square feet of living space to 2,056 square feet.
New one and two story homes at Sawgrass are priced from the $150s.
All new Beazer homes at Sawgrass feature eSMART energy-saving engineering with programmable thermostats, cost-saving CFL light bulbs, water-saving Moen low flow shower heads and faucets, MERV 8 air filters, and low VOC paints and carpets.
TheresaTilton, vice president of sales and marketing for Beazer homes in Orlando, said new two, three, and four-bedroom single family homes at Sawgrass, range in size from 1,402 square feet of living space to 2,056 square feet.
New one and two story homes at Sawgrass are priced from the $150s.
All new Beazer homes at Sawgrass feature eSMART energy-saving engineering with programmable thermostats, cost-saving CFL light bulbs, water-saving Moen low flow shower heads and faucets, MERV 8 air filters, and low VOC paints and carpets.
Subscribe to:
Posts (Atom)
