WINTER SPRINGS, Fla. -- Bill Stueber, founder of Wireless Assets Holdings LLC in Winter Springs, has been appointed as a Technology Judge at the CTIA Super Mobility 2015 wireless industry convention in Las Vegas September 9-11.
It’s the third straight year that Stueber, a 33-year veteran of the wireless industry, has been invited as a technology judge for the CTIA award program.
Super Mobility 2015 is the world’s largest trade convention for mobile, wireless and smart phone technology companies. The highly-competitive technology and innovation judging takes place across 18 different categories this year.
“CTIA is expecting more than 40,000 delegates from all over the world, including every major player from an industry that is rapidly changing the world,” Stueber explained.
Federal Communications Commission Chairman Tom Wheeler is a scheduled keynote speaker at the event, along with Sprint CEO Marcelo Claure, Glenn Lurie, CEO of AT&T Mobility, and Verizon Executive Vice President Marni Walden.
Wireless Assets, is a technology company that has developed a unique, highly-intuitive research metrics “dashboard” platform that allows institutional investors to experience complex analytics in a fraction of the typical time necessary to assimilate large amounts of data. The comprehensive, but simplified, view provides the company’s clients greater insight and a decidedly competitive edge.
Wireless Assets is the spun-off technology arm of Telecom Partners Group, a 13-year old telecommunications industry research group headquartered on Wall Street.
Rafael Caamano, associate director of the UCF Business Incubation program said Stueber ranks as one of the world’s leading experts in wireless industry technology.
“This appointment is a huge honor for Wireless Assets and the UCF Business Incubation Program, and big news for economic development in Winter Springs,” Caamano said.
Wireless Assets, with offices in New York, is a client of the UCF Business Incubator’s Soft Landing Program in Winter Springs.
Wednesday, August 26, 2015
Berkadia Closes on 332 Apartment Units in Birmingham for $14,110,000
BIRMINGHAM, Ala. --- Berkadia, one of the nation’s largest and most active multifamily investment banking and research companies, recently completed the sale of the Devonshire Place and Sun Valley Apartments, a 332-unit multifamily property for $14,110,000 or $42,500 per unit.
David Oakley, managing director and Josh Jacobs, investment sales associate in Berkadia’s Alabama regional office negotiated the sale representing the New York-based seller of the apartments located at 2349 8th St. NW in Birmingham’s northwest corridor near Pinson and Center Point submarkets.
Built in 1971 and 1974, Devonshire Place and Sun Valley is a garden-style, two- and three-story community situated on approximately 19.76 acres of land with a density of 16.60 units per acre and an average unit size of 1,043 square feet.
The property houses a total of 346,260 square feet, offering a well-balanced unit mix of studio, one-, two-, and three-bedroom floor plans ranging in size from 500 to 1,560 square feet.
The buyer was New York-based Devonshire Apartments AL, LLC.
David Oakley, managing director and Josh Jacobs, investment sales associate in Berkadia’s Alabama regional office negotiated the sale representing the New York-based seller of the apartments located at 2349 8th St. NW in Birmingham’s northwest corridor near Pinson and Center Point submarkets.
Built in 1971 and 1974, Devonshire Place and Sun Valley is a garden-style, two- and three-story community situated on approximately 19.76 acres of land with a density of 16.60 units per acre and an average unit size of 1,043 square feet.
The property houses a total of 346,260 square feet, offering a well-balanced unit mix of studio, one-, two-, and three-bedroom floor plans ranging in size from 500 to 1,560 square feet.
The buyer was New York-based Devonshire Apartments AL, LLC.
NAI Realvest Negotiates $3,900,000 Sale of Winter Park Infill Industrial Facility
WINTER PARK, Fla. – NAI Realvest recently negotiated the $3,900,000 sale leaseback of the Accord Industries facility located at 4001 N. Forsyth Rd. in Winter Park.
The NAI Realvest team of Drew Saphos, CCIM, Chairman George Livingston, and Principal Christie Alexander negotiated the transaction on behalf of the seller, Accord Industries, LLC.
The 23.84 acre sale includes a partial long-term leaseback of the infill industrial site to Accord Industries, a privately held U.S. owned and operated manufacturer of extruded PVC pipe. Accord Industries will continue its operations at the Winter Park location.
The buyer is Winter Park-based Forsyth Commerce Center, LLC, who was represented by KR Properties of Central Florida.
The NAI Realvest team of Drew Saphos, CCIM, Chairman George Livingston, and Principal Christie Alexander negotiated the transaction on behalf of the seller, Accord Industries, LLC.
The 23.84 acre sale includes a partial long-term leaseback of the infill industrial site to Accord Industries, a privately held U.S. owned and operated manufacturer of extruded PVC pipe. Accord Industries will continue its operations at the Winter Park location.
The buyer is Winter Park-based Forsyth Commerce Center, LLC, who was represented by KR Properties of Central Florida.
Monday, August 24, 2015
Winter Springs Company Seico Technology Earns Major Contract from Dominican Republic Air Force
Winter Springs, Fla. -- Seico Technology in Winter Springs was recently awarded a major contract to provide sophisticated software and technical support to the Dominican Republic Air Force.
Mauricio Orjuela, general manager at Seico Technology, said the contract is one of the first of many he expects from Latin America.
“We opened our North American office in Winter Springs because it affords us a base from which to expand our business in Latin America and the Caribbean,” Orjuela said.
Under terms of the contract, Seico Technology will provide its proprietary Icarus Plus software and maintenance protocol system in the Dominican Republic.
Icarus Plus is a comprehensive system that optimizes and integrates data from multiple complex sources to help Air Force commanders implement required maintenance functions while controlling costs and eliminating errors.
Seico Technology, headquartered in Bogota, Colombia, chose Winter Springs and the UCF Business Incubator’s Soft Landing program to locate its first North American office. The company hopes to move its headquarters to Florida in the near future.
Mauricio Orjuela, general manager at Seico Technology, said the contract is one of the first of many he expects from Latin America.
“We opened our North American office in Winter Springs because it affords us a base from which to expand our business in Latin America and the Caribbean,” Orjuela said.
Under terms of the contract, Seico Technology will provide its proprietary Icarus Plus software and maintenance protocol system in the Dominican Republic.
Icarus Plus is a comprehensive system that optimizes and integrates data from multiple complex sources to help Air Force commanders implement required maintenance functions while controlling costs and eliminating errors.
Seico Technology, headquartered in Bogota, Colombia, chose Winter Springs and the UCF Business Incubator’s Soft Landing program to locate its first North American office. The company hopes to move its headquarters to Florida in the near future.
BERKADIA FACILITATES SALES OF ALABAMA APARTMENT PROPERTIES WORTH MORE THAN $154 MILLION OVER LAST 90 DAYS
Birmingham, Ala. – Berkadia recently negotiated the sale of nine multi-family investment properties over the past 90 days. The properties, which are located throughout Alabama, consist of 2,475 units and sold for a combined $154,060,000.
David Oakley, managing director of Berkadia’s Alabama office, said that his team negotiated the sales on behalf of the sellers. “These deals are a testament to the dedication of our team and the strength of multi-family market across the Southeast. We’re grateful for the opportunity to assist investors and look forward to continuing our relationships with them,” Oakley said.
The team’s largest sale of the period – Landmark at Magnolia Glen, a 1,080-unit property on Centennial Drive in Hoover, sold for $71.5 million to an investment group based in Irvine, Calif.
Most recently, the team facilitated the sale of two Center Point communities, Devonshire and Sun Valley. The communities sold together for a combined $14.11 million.
Other Birmingham area sales include Inverness Landing, a 322-unit property, which sold for $27.6 million; River Place on the Cahaba, a 213-property, which sold for $17.7 million; Town Park, a 270-unit property, which sold for $15.025 million; TimberChase, a 94-unit property, which sold for $4.825 million; and Fox Hall, a 36-unit property, which sold for $2.3 million. In Mobile, Woodland Square, a 128-unit property, for $4 million.
Royce Emerson and William Parkhurst brokered the River Place on the Cahaba and the Town Park transactions. Josh Jacobs brokered the TimberChase and the Devonshire-Sun Valley transactions.
Berkadia, a joint venture of Berkshire Hathaway and Leucadia National Corporation, is an industry leading commercial real estate company providing comprehensive capital solutions and investment sales advisory and research services for multifamily and commercial properties.
David Oakley, managing director of Berkadia’s Alabama office, said that his team negotiated the sales on behalf of the sellers. “These deals are a testament to the dedication of our team and the strength of multi-family market across the Southeast. We’re grateful for the opportunity to assist investors and look forward to continuing our relationships with them,” Oakley said.
The team’s largest sale of the period – Landmark at Magnolia Glen, a 1,080-unit property on Centennial Drive in Hoover, sold for $71.5 million to an investment group based in Irvine, Calif.
Most recently, the team facilitated the sale of two Center Point communities, Devonshire and Sun Valley. The communities sold together for a combined $14.11 million.
Other Birmingham area sales include Inverness Landing, a 322-unit property, which sold for $27.6 million; River Place on the Cahaba, a 213-property, which sold for $17.7 million; Town Park, a 270-unit property, which sold for $15.025 million; TimberChase, a 94-unit property, which sold for $4.825 million; and Fox Hall, a 36-unit property, which sold for $2.3 million. In Mobile, Woodland Square, a 128-unit property, for $4 million.
Royce Emerson and William Parkhurst brokered the River Place on the Cahaba and the Town Park transactions. Josh Jacobs brokered the TimberChase and the Devonshire-Sun Valley transactions.
Berkadia, a joint venture of Berkshire Hathaway and Leucadia National Corporation, is an industry leading commercial real estate company providing comprehensive capital solutions and investment sales advisory and research services for multifamily and commercial properties.
Friday, August 21, 2015
Stirling Sotheby’s International Realty Named Exclusive Marketing Agents of Historic Mansion
GAINESVILLE, Fla. --- Stirling Sotheby’s International Realty has been named exclusive marketing agents for the Herlong Mansion an award-winning inn and gardens listed on the National Register of Historic Places. The mansion is located two minutes from I-75 and 441 southwest of downtown Gainesville and 10 minutes from the University of Florida.
“The Herlong Mansion offers a new owner tremendous potential and income opportunity,” said Roger Soderstrom, founder and owner of Stirling Sotheby’s International Realty. “The mansion is ideally situated, designed and equipped for a destination bed and breakfast and for its historic uses – large weddings and receptions, family reunions, corporate retreats and UF activities.”
The Greek revival three-story mansion was constructed in 1910. Its quaint village setting, situated on 2.3 acres of tranquil gardens with gazebos, is surrounded by stately oaks and giant magnolias.
The mansion features grand porches, a grand staircase, 10 ornate fireplaces, 10 private, professionally furnished and decorated suites, an owner’s apartment and two, free-standing single-bedroom cottages.
The mansion’s kitchen is well equipped and serves a dining room that seats 25 and a separate banquet hall that can accommodate up to 70 seated guests.
The property is being offered for sale fully equipped, licensed and furnished at $1,299,000, which is below recent appraised value, according to Soderstrom.
Elsie Benitez, International Marketing Specialist at Stirling Sotheby’s International Realty, is representing the property and serves as principal contact.
“The Herlong Mansion offers a new owner tremendous potential and income opportunity,” said Roger Soderstrom, founder and owner of Stirling Sotheby’s International Realty. “The mansion is ideally situated, designed and equipped for a destination bed and breakfast and for its historic uses – large weddings and receptions, family reunions, corporate retreats and UF activities.”
The Greek revival three-story mansion was constructed in 1910. Its quaint village setting, situated on 2.3 acres of tranquil gardens with gazebos, is surrounded by stately oaks and giant magnolias.
The mansion features grand porches, a grand staircase, 10 ornate fireplaces, 10 private, professionally furnished and decorated suites, an owner’s apartment and two, free-standing single-bedroom cottages.
The mansion’s kitchen is well equipped and serves a dining room that seats 25 and a separate banquet hall that can accommodate up to 70 seated guests.
The property is being offered for sale fully equipped, licensed and furnished at $1,299,000, which is below recent appraised value, according to Soderstrom.
Elsie Benitez, International Marketing Specialist at Stirling Sotheby’s International Realty, is representing the property and serves as principal contact.
Developer Jim Mack, Oceans Luxury Realty Start Sales of the 84-unit Aruba Condominiums in Daytona Beach Shores
Daytona Beach Shores, Fla. --- Veteran Volusia beachfront developer Jim Mack and Oceans Luxury Realty have teamed up to sell the first oceanfront luxury condominium in the Daytona Beach Shores area in more than seven years. The developer of the luxury project is Greenpointe Communities, LLC of Jacksonville.
Mack, whose local experience includes development of eight luxury oceanfront condominiums in the area over the past 15 years, is a broker with Oceans Luxury Realty and will serve as the project’s sales director.
Mack said Greenpointe has the site at 3721 S. Atlantic Avenue in Daytona Beach Shores under contract and plans to start construction in January.
The Aruba, a 12-story, 84-unit luxury condominium, will offer 60 oceanfront units and 24 with ocean views, he said.
Condominiums will range from 1,400 square feet of living area to over 1,800 square feet. Four floor plans are available in three and four-bedroom configurations with some that feature wrap-around balconies.
Priced from the $300s to the $600s, The Aruba Condominiums will offer onsite maintenance and building management, a home owners association and a fitness center, adult spa, clubroom, individual storage area and underground parking.
Mack has designated Oceans Luxury Realty to partner with him as an exclusive sales agency office for The Aruba Condominiums.
“We have already received preconstruction deposits from 25 purchasers,” Mack said. “Obviously, there is some pent-up demand for luxury oceanfront space in Volusia and we expect our sales might encourage other developers and property owners to think about starting projects,” he said.
“Many owners of these luxury vacation condominiums will presumably lease their units on a weekly or monthly basis during the off season,” Mack explained, adding “and Oceans Luxury Realty is available to assist them.”
Architect Larry Robinson designed The Aruba condominiums, Mack said.
Mack, whose local experience includes development of eight luxury oceanfront condominiums in the area over the past 15 years, is a broker with Oceans Luxury Realty and will serve as the project’s sales director.
Mack said Greenpointe has the site at 3721 S. Atlantic Avenue in Daytona Beach Shores under contract and plans to start construction in January.
The Aruba, a 12-story, 84-unit luxury condominium, will offer 60 oceanfront units and 24 with ocean views, he said.
Condominiums will range from 1,400 square feet of living area to over 1,800 square feet. Four floor plans are available in three and four-bedroom configurations with some that feature wrap-around balconies.
Priced from the $300s to the $600s, The Aruba Condominiums will offer onsite maintenance and building management, a home owners association and a fitness center, adult spa, clubroom, individual storage area and underground parking.
Mack has designated Oceans Luxury Realty to partner with him as an exclusive sales agency office for The Aruba Condominiums.
“We have already received preconstruction deposits from 25 purchasers,” Mack said. “Obviously, there is some pent-up demand for luxury oceanfront space in Volusia and we expect our sales might encourage other developers and property owners to think about starting projects,” he said.
“Many owners of these luxury vacation condominiums will presumably lease their units on a weekly or monthly basis during the off season,” Mack explained, adding “and Oceans Luxury Realty is available to assist them.”
Architect Larry Robinson designed The Aruba condominiums, Mack said.
Monday, August 17, 2015
NAI Realvest Negotiates Lease in Thornton Park for Juiced Orlando’s First Location, Serving Healthy Fare
ORLANDO, Fla. --- NAI Realvest’s Retail Team recently completed a new lease agreement at 12 N. Summerlin Ave. in downtown Orlando’s Thornton Park neighborhood for the first location of Juiced Orlando slated to open in September.
Mitch Heidrich and Matt Cichocki at NAI Realvest, negotiated the transaction on behalf of the Tenant who will be serving a variety of fresh juices and healthy food dishes catering directly to all Thornton Park and Downtown Orlando patrons.
Thornton Park Central LLC is landlord of the 973 square foot restaurant facility and was represented in the transaction by Scott Corbin of Colliers International.
Mitch Heidrich and Matt Cichocki at NAI Realvest, negotiated the transaction on behalf of the Tenant who will be serving a variety of fresh juices and healthy food dishes catering directly to all Thornton Park and Downtown Orlando patrons.
Thornton Park Central LLC is landlord of the 973 square foot restaurant facility and was represented in the transaction by Scott Corbin of Colliers International.
Oceans Luxury Realty Expanding its Operations in Daytona Beach Shores
Daytona Beach Shores, Fla. -- Oceans Luxury Realty, the Daytona Beach Shores firm that focuses on management and sales of luxury oceanfront resort homes and condominiums in Volusia County, is expanding its operations at 3162 Atlantic Ave.
The company recently purchased the remaining office space at the location, providing a total of 5,500 square feet and expanding the firm’s space to the rear and up on a second level, according to Crystal Anderson, co-owner and president of Oceans Luxury Realty.
Currently at 3162 Atlantic Ave., Oceans Luxury Realty occupies only 2,000 square feet for its beachside sales office with another smaller office further north on Atlantic Ave.
Anderson said the company will move out of its 2040 Atlantic Ave. location with all rentals and management to be controlled out of the newly expanded 3162 Atlantic Ave. office.
Remodeling of the facility will begin in September and be completed by November, Anderson said.
Cost of the remodeling project is estimated at some $40,000.
When the expansion and remodel at 3162 Atlantic Ave. is completed, Oceans Luxury Realty will have a staff of 18 professionals there.
The company recently purchased the remaining office space at the location, providing a total of 5,500 square feet and expanding the firm’s space to the rear and up on a second level, according to Crystal Anderson, co-owner and president of Oceans Luxury Realty.
Currently at 3162 Atlantic Ave., Oceans Luxury Realty occupies only 2,000 square feet for its beachside sales office with another smaller office further north on Atlantic Ave.
Anderson said the company will move out of its 2040 Atlantic Ave. location with all rentals and management to be controlled out of the newly expanded 3162 Atlantic Ave. office.
Remodeling of the facility will begin in September and be completed by November, Anderson said.
Cost of the remodeling project is estimated at some $40,000.
When the expansion and remodel at 3162 Atlantic Ave. is completed, Oceans Luxury Realty will have a staff of 18 professionals there.
Friday, August 14, 2015
Villages of Royal Palm Approaching Final Buildout
PORT ORANGE, Fla. — Winston-James Development is nearing buildout of the Villages of Royal Palm its gated, maintenance free community located off Williamson Blvd. in Port Orange.
The developer has pulled all remaining permits on all 11 remaining lots in the Villages of Royal Palm and all of the homes in the community will be completed by year end, according to Winston Schwartz, president of Winston-James development.
New single-family homes at Villages of Royal Palm range from 1,505 square feet of living area to 2,416 square feet, priced from the low $200s.
Schwartz said there were 458 home sites when the community first opened 12 years ago.
The developer has pulled all remaining permits on all 11 remaining lots in the Villages of Royal Palm and all of the homes in the community will be completed by year end, according to Winston Schwartz, president of Winston-James development.
New single-family homes at Villages of Royal Palm range from 1,505 square feet of living area to 2,416 square feet, priced from the low $200s.
Schwartz said there were 458 home sites when the community first opened 12 years ago.
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