Wednesday, June 12, 2019

NAI Realvest Lands Electrical Contractor Selected for OIA’s New Terminal – National Firm Leases Warehouse Space in South Orange Complex


S. Orange Ave. Complex
ORLANDO, Fla. – NAI Realvest closed on a long-term lease for 8,534 square feet of warehouse space in a new complex opened earlier this year at 8123 S. Orange Ave. off SR 528 and McCoy Rd. The new tenant is Carlsbad, CA.-based BergElectric Corp. who plans to open at the new location by June 30.

BergElectric, a national electrical contractor with multiple U.S. locations, was awarded a contract for construction of Orlando International Airport’s new terminal complex. They will use the new space for equipment warehousing and general office operations. BergElectric currently has 40 employees working on the OIA terminal project and expects a total workforce of approximately 150 as the job progresses.

NAI Realvest principals Kevin O'Connor and Matt Cichocki negotiated the transaction on behalf of the landlord Orange Avenue Properties, LLC of Westerville, Ohio.
Mark Stratman of Cushman & Wakefield represented BergElectric.
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About NAI Realvest

NAI Realvest, 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 400 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.

Saturday, June 8, 2019

NAI Realvest Closes $1 Million Sale of Commercial Land for Wetlands Mitigation and Retail Development

ORLANDO – NAI Realvest recently closed on the sale of 72.52 acres at 12329 Winter Garden Rd. in southwest Orlando’s tourism corridor. Buyer WMG Development of Effingham, IL paid $1,000,000.00 for the property.

Jason G. Toll, MiCP, Director at NAI Realvest negotiated the transaction representing the seller Hojosaki, LLC of Newton, MA.

Toll said the buyer is a nationally recognized retail developer who will use the property for onsite wetlands mitigation to restore, preserve and enhance the acreage while developing the adjacent 12 acres fronting on Winter Garden Vineland Road that also includes environmentally sensitive land a/k/a/wetlands.

Jared Ettinger and John Park of Berkshire Realty, LLC represented the buyer.
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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. NAI Global is an international commercial real estate network with over 400 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.

M/I Homes Started Site Development at the Horizon West Community Encore at Ovation New Product Line will be Premiered There


WEST ORLANDO, Fla. -- M/I Homes has site development underway for Phase I of Encore at Ovation, a new single-family home neighborhood that spans 71 acres near the intersection of Avalon Road (545) and Western Way/Flemming Road in Horizon West. 

The 139 homesites will comprise 92 with 50-foot widths for single-family homes ranging from 1,900 to 3,700 square feet, and 47 with 32-foot widths for single-family detached homes ranging from 1,800 to 2,800 square feet.

David Byrnes, area president in the Orlando region, said a new product line with four different floor plans was specially designed for the 32-foot lots Encore at Ovation.  

Top features of the new home designs include rear load garages, spacious owners' suites with luxurious master baths and they are Energy Star® certified, Byrnes said.   

Sales will begin in October of one and two-story homes with three, four and five bedrooms at prices ranging from the low $300,000s to over $450,000 including a 15-year structural warranty.

Development of all 139 homesites in Phase I will be completed during the fourth quarter of this year, Byrnes added.
Encore at Ovation is located in one of the three fastest growing planned unit developments in the country – Horizon West with town centers surrounded by greenbelt and residential villages.  
Columbus, Ohio based-M/I Homes is currently building throughout 16 markets in the U.S. and has 16 active communities in Central Florida.
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About M/I Homes
M/I Homes, Inc. is one of the nation’s leading builders of single-family homes, having sold over 110,000 homes.  The Company’s homes are marketed and sold primarily under the trade names M/I Homes and Showcase Collection (exclusively by M/I Homes), and also currently are sold under the name Hans Hagen Homes in the Minneapolis/St. Paul, Minnesota market and Pinnacle Homes in the Detroit, Michigan market.  The Company has homebuilding operations in Columbus and Cincinnati, Ohio; Indianapolis, Indiana; Chicago, Illinois; Minneapolis/St. Paul, Minnesota; Detroit, Michigan; Tampa, Sarasota and Orlando, Florida; Austin, Dallas/Fort Worth, Houston and San Antonio, Texas; Charlotte and Raleigh, North Carolina; and the Virginia and Maryland suburbs of Washington, D.C.

NAI Realvest Brokers $1.8 Million Maitland Building Sale to American Fundraising Foundation

ORLANDO, Fla. --- NAI Realvest recently closed on the sale of a 10,360 square foot office building at
2603 Maitland Center Parkway building
2603 Maitland Center Parkway in Maitland Center. The American Fundraising Foundation, Inc., providing financial support to non-profits, purchased the property for $1,800,000.00 to relocate from College Park by Sept. 1. Jeff Bloom, CCIM, vice president at NAI Realvest, brokered the sale on behalf of JPS Maitland Holdings, LLC the local landlord of the building that was built in 1983.
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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. NAI Global is an international commercial real estate network with over 400 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

Blackton Awarded Multi Million Dollar Contract by Homebuilder Taylor Morrison in Osceola County


ORLANDO -- Blackton, Inc., a leading supplier of materials to the home building industry, was recently awarded a multi-year, multi-million dollar contract to supply flooring for new home construction at three Taylor Morrison communities in Osceola County.


Michael “Micky” Blackton, chairman and CEO of Blackton Inc., said his firm will provide flooring for 478 new homes Taylor Morrison plans to build in three of its newest communities.  The contract is worth some $4 Million. 
Work will begin on model homes when all permits are received by the third quarter of this year, Blackton said. 

The new Taylor Morrison communities include Hickory Grove with 149 homes on Parkfield Road. in St. Cloud; Reedy Reserve with 212 homes on Reedy Glen Drive in Kissimmee and Stepping Stone with 117 homes on Blue Lake Circle in Kissimmee.

Blackton, Inc. a family owned business located on Alden Road near downtown Orlando has been supplying the home building industry from Jacksonville to Tampa for over 60 years.

Wednesday, May 29, 2019

Luxury Rivals Share Spotlight in Record Breaking Sale in Winter Park

WINTER PARK, Fla. - Two top luxury powerhouse brokerages recently collaborated to close one of the largest sales ever recorded in Winter Park at $7.25 Million. The magnificent home located on Lake Maitland at 866 Via Lugano was the second most expensive sale in the city’s history.

Joyce Marsh, Regional Manager, said Regal | Christie’s International Real Estate represented the buyers, and Premier Sotheby’s International Realty represented the sellers. Built in 2015, the breathtaking home is situated on 3.36 acres of lakefront land and is a masterpiece with over 10,000 square feet of living area.

Regal | Christie’s International Real Estate – with offices in Southwest Orlando, Winter Park, Celebration, Clermont and opening soon in Lake Mary – is the only central Florida affiliate for the Christie’s International Real Estate prestigious worldwide luxury brand. With a rich history, the Christie’s Auction house is a globally recognized iconic brand.

The buyers were represented by Kristen Wenderfer of Regal | Christie’s International Real Estate. Wenderfer joined Regal | Christie’s Winter Park office at 133 E. Morse Blvd. because of the international reach of their prestigious brand and concentration in the luxury home market.

“We bring the world’s most desirable luxury homes to the world’s most discerning buyer,” added Broker/Owner Chris Christensen.


Since 1766 the Christie’s name has been instantly and internationally recognized as synonymous with quality and prestige with a steadfast commitment to excellence and service.

M/I Homes' New Lakefront Community Hull Island at Oakland Has Two Model Homes Underway, Opening This Summer

Harmony Model at Hull Island

OAKLAND, Fla. --- M/I Homes’ started construction of two model homes that will be complete and ready for touring late this summer at the homebuilder’s new single-family community in West Orange County – Hull Island at Oakland Located at 770 Hull Island Drive, the community overlooks the south shore of Lake Apopka in the town of Oakland.

The 110 homesites at Hull Island include 89 with 50-foot widths and 21 that are 80 feet wide.  Many sites boast exceptional views of natural wetlands and Lake Apopka with several fronting right on the lake, according to David Byrnes, area president of M/I Homes.
Six Executive Home designs that range from 1,857 to 3,729 square feet of living area are available on the 50-foot sites and are priced starting from the mid-$300s.    Homebuyers can also choose from six Estate Home designs ranging from 2,818 square feet of living area to 4,009 square feet to be built on 80-foot homesites, priced from the mid-$500s. 
One and two story home designs feature three to five bedrooms and up to four full bathrooms and one or two half bathrooms with two and three-car garages.     
Amenities planned for the community include its own pool and cabana, a playground, picnic areas, a dog park, and a viewing pier on Lake Apopka.  In addition, Hull Island at Oakland is situated directly on Florida’s popular West Orange Trail affording walking and biking trails through shady oaks and a pristine nature preserve setting. 
The community is minutes from SR 429, the 528 and Interstate 4 providing immediate connectivity to shopping, dining, employment centers and the area’s best attractions.
To learn more visit mihomes.com or call 407-270-1080. 
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About M/I Homes
With 16 active communities in Central Florida, M/I Homes, Inc. is one of the nation’s leading builders of single-family homes, having delivered more than 81,500 homes. The Company’s homes are marketed and sold under the trade names M/I Homes, Showcase Homes, TriStone Homes and Triumph Homes. The Company has homebuilding operations in Columbus and Cincinnati, Ohio; Chicago, Illinois; Indianapolis, Indiana; Tampa and Orlando, Florida; Austin, Houston and San Antonio, Texas; Charlotte and Raleigh, North Carolina; and the Virginia and Maryland suburbs of Washington, D.C.






Wednesday, May 22, 2019

NAI Realvest | Charles Wayne Commercial Negotiates Ground Lease for Riptides Raw Bar Expanding into New Smyrna Beach – Will bring in 100 Jobs

New Smyrna Beach, Fla. --- NAI Realvest | Charles Wayne Commercial recently negotiated a long-term ground lease for a new Riptides Raw Bar & Grill at 471 E. 3rd Ave. in New Smyrna Beach. The new restaurant will bring 100 jobs to the area.
Associate Brad Gifford brokered the transaction on behalf of Waterview NSB LLC the Maitland-based landlord and the tenant, Seacoast Restaurant Group d/b/a Riptides Raw Bar & Grill based in Ormond Beach.

According to Gifford, construction of the 8,500 square foot restaurant should get underway in June on the 1.91 acre tract. It’s the company’s second location with an anticipated opening of March 2020.

“Riptides – a coastal seafood concept that markets all-you-can-eat crab legs, expects to open several more locations up and down the east coast of Florida,” Gifford added.
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*[Renderings provided by Riptides Raw Bar & Grill]

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. NAI Global is an international commercial real estate network with over 400 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.

About Charles Wayne Properties
Charles Wayne Properties is an industry leader with a 40-year track record as an investor and developer throughout the Southeast having developed and managed grocery anchored shopping centers, freestanding retail facilities, and office and industrial parks. Since 1978 the firm has worked with local and national brands in various capacities including brokerage, development, investment sales, tenant representation, property management and receivership. Visit www.charleswayne.com for more information.



Regal | Christie’s International Real Estate Names Joyce Marsh Regional Manager for all Central Florida Offices

ORLANDO - Regal | Christie’s International Real Estate recently appointed Joyce Marsh Regional Manager and Broker for their five central Florida offices located in Dr. Phillips/Windermere, Celebration, Clermont, Winter Park and Lake Mary.

Marsh has been recognized as a top real estate professional for her accomplishments, knowledge and expertise in the upscale residential market. She brings decades of experience to Regal Christie’s in both luxury home sales and marketing and luxury home design.
Marsh has previously held upper level management and leadership positions that have demanded high performance objectives and handling of multi-million dollar complex negotiations.

Chris Christiansen, Broker/Owner of the firm said Marsh will oversee day-to-day operations of Regal Christie’s current offices as well as future expansion and acquisitions. She will play a significant role in the growth of the company.

“Regal has grown its sales volume by 30-40 percent year over year for the last two years and continues to expand its reach into the central Florida luxury market with the opening of new offices in Seminole and Lake Counties,” Christiansen said, adding “Joyce will continue this aggressive growth path while adhering to the company’s policy of hiring the industry’s top performing agents and providing buyers and sellers of luxury real estate with an unparalleled level of customer service.”

“I have known Chris for many years and now to have an opportunity to lead Regal Christie’s Central Florida offices is quite an honor and privilege,” said Marsh. “I am committed to the success of all our agents and will work to keep our brand at the forefront of the luxury home market.”

“This is an exciting time in our company’s history,” said Christiansen. “Not only are we privileged to be the only Christie’s International Real Estate affiliate in Central Florida, we are delighted to welcome Joyce as she will be an asset to our company and our brand.”
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Hold-Thyssen Maintains High Occupancy at Edgewater Commerce Center with Three Multi-Year Leases Totaling 5,675 Sq. Ft.

ORLANDO / WINTER PARK --- Hold-Thyssen, Inc., a full-service commercial property firm based in Winter Park, recently negotiated three multi-year leases for a total of 5,675 rentable square feet of flex space at Edgewater Commerce Center in the College Park area of Orlando at 6250 Edgewater Drive.

Edgewater Commerce Center
The Hold-Thyssen leasing team of Alex Rowlinson and Troy Stevens represented the south Florida based landlord/owner of the commerce center in the lease agreements with:

Hydropnics Supply, a group specializing in supplies for the hydroponic growing process leased 1,275 square feet for three years;
Stonework & Design, a granite and tile / interior design group leased 2,000 square feet for three years; and

Refinishing Solutions, Inc., a paint and body shop supplier, leased 2,400 square feet for three ; years

Edgewater Commerce Center’s occupancy is up to 96 percent.

Hold-Thyssen, Inc. provides commercial property brokerage, 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.