Wednesday, March 12, 2014

NAI Realvest Negotiates Renewal Lease for Office Space at The Citadel III in East Orlando

ORLANDO, Fla. – NAI Realvest recently negotiated a renewal lease for 2,141 rentable square feet in The Citadel III located at 5950 Hazeltine National Drive in east Orlando. The NAI Realvest office leasing team of Mary Frances West, CCIM, Matt Cichocki, and Kevin O’Connor negotiated the transaction on behalf of the landlord, Citadel Partners, Ltd., based in Groveland. The tenant is Orlando-based Florida Business Development Corp. NAI Realvest is exclusive management and leasing representative for The Citadel.

Pulte Homes to Unveil Consumer Inspired Homes This Summer at New Community in Lake Nona

ORLANDO, Fla. --- Pulte Homes has big plans in store this summer at VillageWalk at Lake Nona: The Enclave at VillageWalk, with new luxury homes priced from the $600s to more than $1 million. Sean Strickler, vice president of sales for PulteGroup in the North Florida region, said VillageWalk at Lake Nona was one of PulteGroup’s most popular communities in 2013 and The Enclave at VillageWalk will add yet another option for homebuyers. The new luxury and gated community – with 144 homesites – offers new homes designed by feedback from hundreds of consumers, Strickler said. “New Life Tested® homes in The Enclave at VillageWalk at Lake Nona were designed working closely with targeted consumers,” Strickler explained. PulteGroup’s consumer-design process wasn’t looking for marketing points. “We know what appeals to potential buyers,” Strickler said. “We were trying to dig a little deeper to see what features they find particularly useful and valuable,” he said. “What makes people appreciate a home in five years and 10 years, when the kids are teenagers?” Strickler said. Strickler said consumer-designed features such as Drop Zones and Planning Centers are favorites for busy families in Pulte neighborhoods. Other features will include three-car garages, spiral oak-tread staircases and barrel tile roofs. “Some of the ideas we have developed are remarkable and they will all be in view at The Enclave at VillageWalk at Lake Nona,” Strickler said. Homeowners in the Enclave will have access to the robust amenities in VillageWalk at Lake Nona including a resort style pool and spa, a lap pool, clay tennis courts, state-of-the-art fitness center, ballroom, library, and activities planned for all ages by a full time on-site lifestyle director. VillageWalk at Lake Nona boasts its own Town Center – located just inside the security gates -- with a gas station, a deli, hair styling salon, massage spa and pet grooming. The deli offers lunch and dinner options along with a pizza parlor with beer and wine. VillageWalk is one mile from Southeast Orlando’s Medical City complex with includes Nemours Children’s Hospital, medical research facilities and the UCF medical college. The community is also in close proximity to the 417 expressway, S.R. 528, shopping and dining. For more information about the Enclave at VillageWalk call 877-230-5595 or visit www.Pulte.com/orlando and sign up for VIP updates.

NAI Realvest Negotiates New Restaurant Lease for Chicago’s Stuffed Pizza at Village at Lake Lily in Maitland

Maitland, Fla. – NAI Realvest recently negotiated a new long term lease agreement for 3,614 square feet of retail space at Village at Lake Lily, 933 South Orlando Ave. in Maitland. The NAI Realvest retail team of Kevin O’Connor, Matt Cichocki and Mitch Heidrich negotiated the transaction representing tenant M. Vicente 1, Inc. who will operate a Chicago’s Stuffed Pizza restaurant in the ground floor space at the corner of S Orlando Ave and Lake Ave in Maitland. Village at Lake Lily Phase I, LLC of Atlanta, Ga. is the landlord. The tenant anticipates an opening this summer but the total number of seats has not yet been determined. The restaurant will feature Chicago style stuffed crust pizza and a diverse menu of Italian entrees and sandwiches.

Tuesday, March 11, 2014

HENDRICKS-BERKADIA REPORTS IT SOLD MORE THAN 5,000 APARTMENT UNITS LAST YEAR

ORLANDO, Fla. --- Hendricks-Berkadia, which ranks as one of the nation’s leading multi-family investment banking and research companies, reported it negotiated sales of 20 apartment communities last year that totaled 5,030 apartment units. Cole Whitaker, partner at Hendricks-Berkadia who heads the firm’s Southeast region, said sales of multi-family apartment properties last year brought a total of over $325,000,000 in revenues for its clients. In addition, Hendricks-Berkadia closed 11 land transactions around the state of Florida.

OCEANS LUXURY REALTY REPORTS SALES UP 30 PERCENT LAST YEAR

Daytona Beach Shores, Fla. -- When Oceans Luxury Realty acquired Harbor Village Realty last year they inherited 10 agents, a broker and a property manager and the real estate agency now boasts 37 agents. Crystal Anderson, president and chief executive officer or Oceans Luxury Realty, said the firm posted sales last year that totaled $37.1 million, a 30 percent increase over 2012 sales. Anderson said Oceans Luxury Realty now manages 725 properties, including one in St. Augustine.

$3.5 Million Mixed Use Development planned Adjacent to the new Lake Mary SunRail Station

LAKE MARY, Fla. --- Chris and Dana Mahnken of Lake Mary plan to develop a 32,000 square foot office and retail building directly across from a new 200+ unit luxury apartment project on E. Crystal Lake Ave. in Lake Mary adjacent to the planned Lake Mary SunRail Station platform. Chris Mahnken said Station Pointe at Lake Mary will accommodate a coffee shop, sandwich shop, drug store, dry cleaner and beauty salon, along with offices for lawyers, doctors and other professionals who can serve commuters on the $1.2 billion commuter rail line. Mahnken said construction of Station Pointe should start in 2015. The first SunRail leg is planned to open in May from DeBary to downtown Orlando and points south. Eventually, SunRail will link communities from DeLand in Volusia County to Poinciana in Osceola County. Rick Bavec, who heads his own realty firm at Lake Forest by Sanford has been named director of leasing for Station Pointe at Lake Mary. Bavec said pre-leasing has started with very strong interest, and he expects to pre-lease most of the space before construction starts. “We’re getting a lot of interest in Station Pointe from doctors, lawyers and accountants looking to expand their downtown operations with a branch office in Lake Mary,” Bavec said. “In most communities worldwide where commuter lines like SunRail have been developed, the stations have spurred dramatic growth and development of commercial as well as residential opportunities, we are seeing this happening now in Lake Mary,” Bavec said.

Tuesday, March 4, 2014

Hold-Thyssen Real Estate Services Negotiates Seven Lease Agreements at Winter Garden Executive Suite in 90 Days

Winter Park, Fla. --- Hold-Thyssen Real Estate Services, a commercial property firm based in Winter Park with offices in Tampa and Nashville, recently negotiated seven lease agreements in 90 days at an office building located at 12200 W. Colonial Drive in Winter Garden. R. Anthony Fisher, vice president of Hold-Thyssen Real Estate Services, said Leasing Agent Therese Taylor negotiated all seven lease agreements representing the landlord, 12200 W. Colonial Drive LLC. The lease agreements at the executive suite facility include three new tenants, Amanda Singh and Smart Solutions Realty, Cora Fulmore and Express Global Medical Services. Tenants Hope Alexander, Xtreme Business Concepts, DM Transportation and Provectus all executed renewal leases for the suites they occupy. Hold-Thyssen provides commercial property and leasing and management services to institutional and private investor clients nationwide. The 40-year old firm’s current portfolio includes more that 100 commercial properties throughout the United States.

Hold-Thyssen Real Estate Services negotiates end to long-term Ground Lease for former Fazoli’s Restaurant in Merritt Island

Winter Park, Fla. --- Hold-Thyssen Real Estate Services, a commercial property firm based in Winter Park with offices in Tampa and Nashville, recently negotiated a complex agreement to terminate a long-term ground lease at 756 Merritt Island Causeway in Merritt Island. R. Anthony Fisher, vice president of Hold-Thyssen Real Estate Services, said Leasing Agent Martin Forster in the firm’s Winter Park office negotiated the agreement representing the tenant, Fazoli’s Restaurants, Inc. Health First, Inc. owns the 0.70-acre property, which now includes a free-standing facility with a drive-through window formerly occupied by Fazoli’s Restaurant. Hold-Thyssen provides commercial property and leasing and management services to institutional and private investor clients nationwide. The 40-year old firm’s current portfolio includes more that 100 commercial properties throughout the United States.

Hold-Thyssen Real Estate Services Reports 2013 Lease Transactions were up more than 30 percent

Winter Park, Fla. --- Hold-Thyssen Real Estate Services, a commercial property firm based in Winter Park, with offices in Tampa and Nashville, reports its lease transactions volume grew by more than 30 percent in 2013. R. Anthony Fisher, vice president of Hold-Thyssen Real Estate Services, said the firm’s lease transactions in 2013 totaled more than $1.1 million. Hold-Thyssen provides commercial property and leasing and management services to institutional and private investor clients nationwide. The 40-year old firm’s current portfolio includes more that 100 commercial properties throughout the United States.

Lennar Appoints Veteran Homebuilder Executive Jim McCarthy Land Acquisition Manager for Tampa

TAMPA, Fla. --- Lennar’s Central Florida Division, which builds homes in more than 40 communities in the Tampa Bay and Orlando regions, recently appointed veteran homebuilding executive Jim McCarthy to Land Acquisition Manager for the Tampa Bay area. Mark Metheny, president of Lennar’s Central Florida Division, said McCarthy has more than 15 years of experience in land acquisition and development in the home building industry. McCarthy, who graduated from the University of South Florida, formerly served as vice president of land acquisition at both M/I Homes and KB Home. Metheny said in his new role McCarthy will be focusing on acquiring raw land and developed homesites throughout the Tampa Bay area where Lennar builds new homes priced from $150,000 to more than $800,000 in everything from small infill tracts to large master planned communities. “We are pleased to have an executive of Jim’s caliber join our land team. With the advantages of his experience throughout Hillsborough, Pinellas, Pasco and Polk Counties, he will play a significant role in our continued growth in the Tampa Bay region,” said Metheny.