Thursday, January 24, 2013
NAI Realvest Negotiates Two New Retail Leases at Village Market Place of Lake Mary, Boosts occupancy to 90 Percent
MAITLAND, Fla. – NAI Realvest recently negotiated two new lease agreements totaling 3,500 square feet of retail space at Village Market Place of Lake Mary located at 3818 S. Orlando Drive (U.S. 17-92) in Sanford.
NAI Realvest Associate Mitch Heidrich brokered both transactions representing the New York City based landlord, Herdor, LLC.
DC Turnbulls Martial Arts, LLC is the new local tenant who leased 2,450 square feet at the retail center. DC Turnbulls, which provides instruction and training in Tae Kwon Do and other martial arts, will occupy Suites 3842 and 3844.
At the same time, Liberty Tax Service, Inc. headquartered in Virginia Beach, Va. leased Suite 3830 with 1,050 square feet at the retail center.
The 69,029 square foot Village Market Place of Lake Mary is now 90 percent leased.
Royal Oak Homes ends 2012 with sales of 199 New Homes
Orlando, Fla. -- Royal Oak Homes, which builds single family homes priced from the $150s to the $300s, ended 2012 with sales of 199 new homes throughout seven Central Florida communities.
In 2011 home sales for Royal Oak Homes totaled only 25.
Matt Orosz, co-president of the Baldwin Park-based homebuilder said by spring of this year Royal Oak Homes will be actively building in 10 communities.
The average price of a Royal Oak Home is $195,000.
Royal Oak Homes is a third-generation home builder whose track record boasts more than 14,000 new homes built in Central Florida over the past 30 years under the Cambridge Homes brand, one of the region’s most successful home builders in the 1980s and 1990s. Founded in 2011, Royal Oak Homes is rapidly becoming one of the largest and most active home builders in the Central Florida area, building in ten active communities in the region.
CUHACI & PETERSON ARCHITECTS DESIGN TWO ALDI SUPERMARKETS
ORLANDO, Fla. – Cuhaci & Peterson Architects, Engineers, Planners, based in Orlando’s Baldwin Park, recently completed design work on two Aldi Supermarkets that will be opening in the first quarter of this year.
Lonnie Peterson, chairman at Cuhaci & Peterson, said the two stores are 18,000 square feet each, and are nearing completion.
One Aldi supermarket is located at 1300 E. Semoran Blvd. in Apopka and the other grocery store is located in Winter Haven on U.S. 17 and Avenue K.
Tuesday, January 22, 2013
INTEGRITY HOME LOAN PROJECTS $700 MILLION IN MORTGAGE TRANSACTIONS IN 2013
LAKE MARY, Fla. -- Integrity Home Loan based in Lake Mary projects the company will handle some $700 million in mortgage transactions this year.
Matt Malloy, president of Integrity Home Loan said in 2012, the firm closed 3,500 mortgage loans valued at $500 million.
The housing market recovery, low interest rates, expanding market and federal government’s HARP program helped homeowners, he said.
Malloy is hopeful the government will extend the HARP program, which targets homeowners whose mortgage balance is greater than the assessed value of their home but who kept their payments current.
Malloy added that Integrity’s 2012 loan volume was up by more than 20 percent over 201l.
Integrity Home Loan ranks as one of the region’s largest and most active mortgage lenders with nine Florida branches including the Central Florida headquarters in Lake Mary, locations in Coral Springs, West Palm Beach, Jacksonville, Orlando, Tampa, and in the Detroit suburb of Southfield, Mich.
CUHACI & PETERSON COMPLETES DESIGN WORK ON THREE ALE HOUSE RESTAURANTS
ORLANDO, Fla. -- Cuhaci & Peterson Architects, Engineers, Planners based in Orlando’s Baldwin Park, recently completed the design of three new Ale House restaurants.
Lonnie Peterson, chairman at Cuhaci & Peterson said the three restaurants which are now under construction are one in Springfield, Pa. with 9,400 square feet, one in Queens, N.Y. with 9,700 square feet including 1,000 square feet of mezzanine and one in Lake Grove, N.Y. that has 10,500 square feet.
CUHACI & PETERSON COMPLETES DESIGN OF NEW PUBLIX SUPERMARKET AT LAKE NONA, STORE OPEN NOW
ORLANDO, Fla. -- Cuhaci & Peterson Architects, Engineers, Planners based in Orlando’s Baldwin Park designed the new Publix supermarket in the Lake Nona Plaza off Narcoossee Road in Southeast Orlando. The store recently opened for businesss.
Lonnie Peterson, chairman of Cuhaci and Peterson, said the supermarket is 54,000 square feet, and there is another 23,000 square feet ready for build out that will eventually accommodate retail shops at the center.
Lake Nona Property Holding is the developer of the project.
Geocove Names Jack Miles, Veteran Fl Business Leader, State Government Secretary to Advisory Post
ORLANDO, Fla. --- Geocove, Inc., a leading provider of scalable GIS consulting solutions for business, industry, and state and local agencies nationwide, recently appointed veteran Florida business leader and State Secretary John P. “Jack” Miles to its advisory board.
Miles is the former Florida Secretary of the Department of Management Services (DMS) whose 30-year professional career includes top ranking posts with leading North American firms including CIGNA, Canadian Imperial Bank of Commerce (CIBC), American International Group (AIG), Computer Associates, Travelers, Ames Department Stores and Prentice-Hall.
“We are delighted to have Jack join our team. He possesses exceptional government and commercial experience and expertise that will prove critical in assisting us to accelerate our business growth,” Karyn Tareen, chief executive officer of Geocove, said.
“I am delighted to be joining the Geocove advisory board as it is very exciting time in the firm’s growth. Geocove’s damage assessment tool is leading edge technology and the need for this capability has never been greater. Government officials in cities, towns, municipalities, counties and states as well as and business leaders in utilities and firms in the property casualty business can all benefit from the Geocove tools which are easily implemented and deployed.” said Miles
Geocove is a member of the University of Central Florida Business Incubation Program in the Central Florida Research Park in East Orange County.
Royal Oak Homes Names Sylvester Lionel, Jr. Assistant Builder
BALDWIN PARK, Fla. --- Royal Oak Homes, based in Baldwin Park, has named Sylvester Lionel, Jr. an assistant builder.
Matt Orosz, co-president at Royal Oak Homes said Lionel earned his B.S. Degree in building construction from the University of Florida’s M.E. Rinker Sr. School of Building Construction.
ICI Homes Selects Buy Florida Realty to take over sales at Cypress Reserve Villas in Kissimmee
KISSIMMEE, Fla. -- ICI Homes, which is developing Cypress Reserve Villas and Town Homes in Kissimmee, has selected Buy Florida Realty to take over sales at the gated community.
Rosemary Messina, vice president of sales and marketing for ICI Homes based in Daytona Beach, said Buy Florida Realty specializes in sales of Florida resort-style properties and vacation homes and focuses on vacation and second home buyers from northern U.S. regions and Canada as well as international buyers.
ICI Homes is building two and three-bedroom villas at Cypress Reserve priced from the $190s.
Monday, January 21, 2013
Reliable Systems Solutions CEO Presenting at the 2013 Reliability and Maintainability Symposium (RAMS®)
ORLANDO, Fla. --- The founder and chief executive officer of Reliable Systems Solutions, an Orlando firm that provides an effective systems engineering approach in assisting defense contractors to design Reliability and Maintainability into systems early during product development, has been chosen to deliver a presentation at the Annual Reliability and Maintainability Symposium (RAMS) held at the Rosen Shingle Creek Resort in Orlando Jan. 28-31, 2013.
Richard Coronado, ASQ CRE, one of the nation’s leading experts in reliability engineering, said the 2013 RAMS symposium marks the 60th consecutive year to be one of the most comprehensive gatherings of Product Assurance professionals available in today’s competitive business environment.
Coronado said his 30 min presentation, “Managing Suppliers Reliability Programs”, will focus on “lessons-learned” that made the difference in ensuring the supplier’s system design meets the integrated needs, requirements, and viable alternatives with the goal of improving the overall system availability, while reducing the system Life-Cycle Costs.
Coronado said his audience will include leading U.S. aerospace and defense contractors and purchasing agents whose careers focus on accurately judging the reliability of major weapons and technology systems before products enter mass production.
“As a group, RAMS participants are among the most highly educated and influential in the field of reliability engineering,” Coronado said. “They are an extremely discerning audience.”
Reliable Systems Solutions is located at the UCF Business Incubator at Central Florida Research Park in east Orange County.
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