NAI Realvest Negotiates Renewal Lease Agreement for 1,920 Square feet of Office Space at The Citadel in East Orlando
ORLANDO, Fla. – NAI Realvest recently signed a renewal lease for 1,920 square feet of office space at The Citadel at 5950 Hazeltine National Drive in southeast Orlando.
Senior Associate Mary Frances West, CCIM negotiated the agreement on behalf of the landlord, Citadel Partners, Ltd., based at The Villages.
The tenant, Orlando-based Paper First Affiliates, LLC has occupied its space at The Citadel since 2002.
NAI Realvest is exclusive management and leasing representative for the property and West leads the leasing team at The Citadel.
For more information, contact:
Mary Frances West, CCIM, Senior Broker-Associate NAI Realvest, 407-875-9989 mfwest@realvest.com
Patrick Mahoney, Chief Operating Officer NAI Realvest, 407-875-9989 pmahoney@realvest.com
Beth Payan, Larry Vershel Communications, 407-644-4142 lversehlco@aol.com
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 325 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.
Friday, August 14, 2009
Crossman & Company Signs long-term retail lease at Southchase Village
Crossman & Company Signs long-term retail lease at Southchase Village
ORLANDO, Fla. - Crossman & Company, one of the largest property management and leasing firms in Florida, recently negotiated a long-term lease agreement at Southchase Village located at 12441 S. Orange Blossom Tr. in South Orlando.
Leasing Associates Daniel Germano and Whitaker Leonhardt negotiated the lease agreement on behalf of the landlord, Southchase Investors, LLC, an affiliate of BPG Properties., based in Philadelphia.
The new tenant, Herbalife, an independent distributor selling personal and nutritional products, leased 1,400 square feet and plans to open at the retail center in September.
For more information please contact:
Daniel Germano or Whitaker Leonhardt, Leasing Associates, Crossman & Company, 407-423-5400 or 407-581-6223
John Crossman, CCIM, President, Crossman & Company, 407-581-6218, jcrossman@crossmanco.com
Justin Greider, Senior Associate, Crossman & Company/ICSC Florida Next Generation Chair, 407-581-6225; jgreider@crossmanco.com
Beth Payan, Larry Vershel Communications, 407-644-4142, lvershelco@aol.com
About Crossman & Company:
Crossman & Company is one of the largest third-party retail leasing and management companies in Florida with over 16 million square feet under leasing and/or management. Founded in Orlando in 1990, Crossman & Company is a full service commercial real estate firm that advises its clients in leasing, management, development and investment sales of retail and office properties and serves clients including Publix Super Markets, Inc., Lake Nona, PREIT, and LaSalle Investment Management. Please visit www.crossmanco.com, or call 407-423-5400 for more information.
ORLANDO, Fla. - Crossman & Company, one of the largest property management and leasing firms in Florida, recently negotiated a long-term lease agreement at Southchase Village located at 12441 S. Orange Blossom Tr. in South Orlando.
Leasing Associates Daniel Germano and Whitaker Leonhardt negotiated the lease agreement on behalf of the landlord, Southchase Investors, LLC, an affiliate of BPG Properties., based in Philadelphia.
The new tenant, Herbalife, an independent distributor selling personal and nutritional products, leased 1,400 square feet and plans to open at the retail center in September.
For more information please contact:
Daniel Germano or Whitaker Leonhardt, Leasing Associates, Crossman & Company, 407-423-5400 or 407-581-6223
John Crossman, CCIM, President, Crossman & Company, 407-581-6218, jcrossman@crossmanco.com
Justin Greider, Senior Associate, Crossman & Company/ICSC Florida Next Generation Chair, 407-581-6225; jgreider@crossmanco.com
Beth Payan, Larry Vershel Communications, 407-644-4142, lvershelco@aol.com
About Crossman & Company:
Crossman & Company is one of the largest third-party retail leasing and management companies in Florida with over 16 million square feet under leasing and/or management. Founded in Orlando in 1990, Crossman & Company is a full service commercial real estate firm that advises its clients in leasing, management, development and investment sales of retail and office properties and serves clients including Publix Super Markets, Inc., Lake Nona, PREIT, and LaSalle Investment Management. Please visit www.crossmanco.com, or call 407-423-5400 for more information.
Lennar Names Robert Lee Sales Associate at The Vistas at Heritage Bay
Lennar Names Robert Lee Sales Associate at The Vistas at Heritage Bay
NAPLES, Fla. - Lennar has named Robert Lee a New Home Consultant at The Vistas at Heritage Bay, its town home community located at Goodland and Bellaire Bay Drives off Immokalee Rd. in Naples.
Matt Devereaux, director of sales for Lennar’s Southwest Florida Division, said Lee attended the University of Florida and earned his degree in Finance from Florida Gulf Coast University in Fort Myers. He has five years of experience in residential real estate sales in the southwest Florida region.
Lee will be assisting new homebuyers in the purchase of new two and three-bedroom, town homes at The Vistas at Heritage Bay.
Visit www.Lennar.com.
For more information, contact:
Matt Devereaux, Director of Sales, Lennar-Southwest Florida 239-278-1177;
Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142
NAPLES, Fla. - Lennar has named Robert Lee a New Home Consultant at The Vistas at Heritage Bay, its town home community located at Goodland and Bellaire Bay Drives off Immokalee Rd. in Naples.
Matt Devereaux, director of sales for Lennar’s Southwest Florida Division, said Lee attended the University of Florida and earned his degree in Finance from Florida Gulf Coast University in Fort Myers. He has five years of experience in residential real estate sales in the southwest Florida region.
Lee will be assisting new homebuyers in the purchase of new two and three-bedroom, town homes at The Vistas at Heritage Bay.
Visit www.Lennar.com.
For more information, contact:
Matt Devereaux, Director of Sales, Lennar-Southwest Florida 239-278-1177;
Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142
Cotter-Ryan Commercial Starts Construction of 20,000 Square Foot Premier Surgery Center off U.S. 441 in Tavares
Cotter-Ryan Commercial Starts Construction of 20,000 Square Foot Premier Surgery Center off U.S. 441 in Tavares
TAVARES, Fla. - Cotter-Ryan Commercial has started construction of the 20,000 square foot Premier Surgery Center, located on Vindale Rd. off U.S. 441 in Tavares.
Scott Ryan, president of Cotter-Ryan Commercial, LLC, said Hari Holding, LLC of Tavares is developing the facility, which will include an 11,000 square foot ambulatory surgery center and 9,000 square feet of medical office space.
Ryan said construction should be completed by spring 2010.
For more information, contact:
Scott H. Ryan, President, Cotter-Ryan Commercial, LLC, 407-786-7686 sryan@cotterryan.com
Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142, lvershelco@aol.com
TAVARES, Fla. - Cotter-Ryan Commercial has started construction of the 20,000 square foot Premier Surgery Center, located on Vindale Rd. off U.S. 441 in Tavares.
Scott Ryan, president of Cotter-Ryan Commercial, LLC, said Hari Holding, LLC of Tavares is developing the facility, which will include an 11,000 square foot ambulatory surgery center and 9,000 square feet of medical office space.
Ryan said construction should be completed by spring 2010.
For more information, contact:
Scott H. Ryan, President, Cotter-Ryan Commercial, LLC, 407-786-7686 sryan@cotterryan.com
Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142, lvershelco@aol.com
Beazer Homes Opens Final Phase at Legacy near Downtown Orlando, 45 Home Sites Available
Beazer Homes Opens Final Phase at Legacy near Downtown Orlando, 45 Home Sites Available
ORLANDO, Fla. - Beazer Homes has opened the final phase at Legacy, the gated, lakefront luxury community Beazer is developing off Holden and S. Orange Aves. within site of the downtown Orlando skyline.
David Byrnes, president of Beazer Homes in Florida, said four luxury ready-to-move-in homes under construction now will be completed in September.
New three, four and five bedroom single family, estate-style homes at Legacy are priced from the high $200s and range from 2,000 square feet of living space to 3,335 square feet.
Legacy features a private lakeside park with viewing dock to Lake Jessamine and one of the last new home communities in the downtown Orlando area.
For more information, contact:
David Byrnes President Beazer Homes / Florida Division - 407-339-4114 dbyrnes@beazer.com
Theresa Tilton, Vice President of Sales Beazer Homes /Florida Division 407-339-4114; ttilton@beazer.com
Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142
About Beazer Homes:
Beazer Homes, headquartered in Atlanta, is one of the country's 10 largest single-family homebuilders with operations in 17 states. Beazer Homes is listed on the New York Stock Exchange under the ticker symbol "BZH."
ORLANDO, Fla. - Beazer Homes has opened the final phase at Legacy, the gated, lakefront luxury community Beazer is developing off Holden and S. Orange Aves. within site of the downtown Orlando skyline.
David Byrnes, president of Beazer Homes in Florida, said four luxury ready-to-move-in homes under construction now will be completed in September.
New three, four and five bedroom single family, estate-style homes at Legacy are priced from the high $200s and range from 2,000 square feet of living space to 3,335 square feet.
Legacy features a private lakeside park with viewing dock to Lake Jessamine and one of the last new home communities in the downtown Orlando area.
For more information, contact:
David Byrnes President Beazer Homes / Florida Division - 407-339-4114 dbyrnes@beazer.com
Theresa Tilton, Vice President of Sales Beazer Homes /Florida Division 407-339-4114; ttilton@beazer.com
Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142
About Beazer Homes:
Beazer Homes, headquartered in Atlanta, is one of the country's 10 largest single-family homebuilders with operations in 17 states. Beazer Homes is listed on the New York Stock Exchange under the ticker symbol "BZH."
Overseas Bidders Play Big Role in Central Florida Real Estate Auctions
Overseas Bidders Play Big Role in Central Florida Real Estate Auctions
ORLANDO, Fla. - Overseas bidders---including residents of Dubai, Sweden, the U.K. and Puerto Rico---played a big role in two recent Central Florida real estate auctions.
Worldwide Auction Realty Services auctioned off all 27 luxury condominiums at Artisan Park in Celebration for more than $6 million.
The week before, Worldwide Auction Realty Services auctioned off all 10 available homes at JB Ranch, an active adult community in Ocala.
More than 200 bidders were present at the Artisan Park auction alone. Nearly 25 bidders from other countries and the U.S. participated via the Internet and long-distance telephone. The first online sale of the day went to a buyer from Sweden.
Substantially devalued real estate assets in the U.S. are attracting buyers worldwide, said Lori Chipps, auctioneer with Worldwide Auction Realty Services.
“For affluent residents of other countries, American real estate represents one of the strongest investments available worldwide,” Chipps said. “For American buyers, Florida’s historic position as the nation’s vacation and retirement mecca are a huge draw,” she said.
“Foreign exchange rates are favorable, interest rates are still low and for many people, Florida real estate is a premium buy,” Chipps explained.
Both the Artisan Park Condominiums and JB Ranch were represented by Stirling Sotheby’s International Realty in Orlando.
For more information please contact:
Jon or Lori Chipps, World Wide Auction Realty Services 800.327.1048;
Larry Vershel or Beth Payan, Larry Vershel Communications, 407.644.4142
ORLANDO, Fla. - Overseas bidders---including residents of Dubai, Sweden, the U.K. and Puerto Rico---played a big role in two recent Central Florida real estate auctions.
Worldwide Auction Realty Services auctioned off all 27 luxury condominiums at Artisan Park in Celebration for more than $6 million.
The week before, Worldwide Auction Realty Services auctioned off all 10 available homes at JB Ranch, an active adult community in Ocala.
More than 200 bidders were present at the Artisan Park auction alone. Nearly 25 bidders from other countries and the U.S. participated via the Internet and long-distance telephone. The first online sale of the day went to a buyer from Sweden.
Substantially devalued real estate assets in the U.S. are attracting buyers worldwide, said Lori Chipps, auctioneer with Worldwide Auction Realty Services.
“For affluent residents of other countries, American real estate represents one of the strongest investments available worldwide,” Chipps said. “For American buyers, Florida’s historic position as the nation’s vacation and retirement mecca are a huge draw,” she said.
“Foreign exchange rates are favorable, interest rates are still low and for many people, Florida real estate is a premium buy,” Chipps explained.
Both the Artisan Park Condominiums and JB Ranch were represented by Stirling Sotheby’s International Realty in Orlando.
For more information please contact:
Jon or Lori Chipps, World Wide Auction Realty Services 800.327.1048;
Larry Vershel or Beth Payan, Larry Vershel Communications, 407.644.4142
Avalon Park Group Negotiates long term lease agreement for 1,505 Square Feet of Retail Space for Eastside Bistro
Avalon Park Group Negotiates long term lease agreement for 1,505 Square Feet of Retail Space for Eastside Bistro
ORLANDO, Fla. - Avalon Park Group recently negotiated a long term lease agreement for 1,505 square feet of retail space on Avalon Lake Drive in downtown Avalon Park.
Eastside Bistro is the tenant. Brendon Dedekind, director of business development and leasing for Avalon Park Group, negotiated the lease agreement.
The casual family dining venue, that will include outdoor seating overlooking the lake, is planned for opening within the next 4-6 weeks.
“Eastside Bistro will be the perfect addition to Downtown Avalon Park, which will continue to grow a variety of entertainment venues in East Orlando. This is another positive step in the successful development of the ‘Downtown of East Orlando,’” Dedekind said.
For more information contact:
Stephanie Hodson, Marketing Coordinator, Avalon Park Group 407-658-6565
Brendon Dedekind, Director of Business Development, Avalon Park Group 407-658-6565; brendond@avalonparkgroup.com
Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142, lvershelco@aol.com
Eastside Bistro, 407-381-0096, www.eastsidebistroatavalon.com
ORLANDO, Fla. - Avalon Park Group recently negotiated a long term lease agreement for 1,505 square feet of retail space on Avalon Lake Drive in downtown Avalon Park.
Eastside Bistro is the tenant. Brendon Dedekind, director of business development and leasing for Avalon Park Group, negotiated the lease agreement.
The casual family dining venue, that will include outdoor seating overlooking the lake, is planned for opening within the next 4-6 weeks.
“Eastside Bistro will be the perfect addition to Downtown Avalon Park, which will continue to grow a variety of entertainment venues in East Orlando. This is another positive step in the successful development of the ‘Downtown of East Orlando,’” Dedekind said.
For more information contact:
Stephanie Hodson, Marketing Coordinator, Avalon Park Group 407-658-6565
Brendon Dedekind, Director of Business Development, Avalon Park Group 407-658-6565; brendond@avalonparkgroup.com
Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142, lvershelco@aol.com
Eastside Bistro, 407-381-0096, www.eastsidebistroatavalon.com
Grubb & Ellis|Commercial Florida negotiates $2 Million Sale of Semoran Park Office Building in Orlando
Grubb & EllisCommercial Florida negotiates $2 Million Sale of Semoran Park Office Building in Orlando
ORLANDO, Fla. - Grubb & EllisCommercial Florida recently negotiated the $2,000,000.00 sale price for Semoran Park, a professional office building at 1277 N. Semoran Blvd. (SR 436) in Orlando.
Jay Dixon, vice president and associate Jerry Thornbury in the Office Group at Grubb & EllisCommercial Florida, brokered the transaction representing the buyer, Orlando-based Orange Crown Holdings, LLC and the seller, Semoran Park Condominiums, LLC of Orlando.
Semoran Park, with 19,136 total square feet of Class A office space, was built in 2000 and was 72.6 percent leased at the time of sale. Major tenants include Semoran Park Family Physicians and Semoran Law Center.
Contact:
Jay Dixon, 407-481-5832, jdixon@commercialfl.com
Jerry Thornbury 407-481-5385, Jthornbury@commercialfl.com
Jeff Sweeney, 407-481-5387, Jsweeney@commercialfl.com
Larry Vershel 407-644-4142
About Grubb & EllisCommercial Florida:
Grubb & EllisCommercial Florida is an affiliated commercial real estate services firm specializing in the leasing and sale of office, industrial, retail, land and investment properties. Currently Grubb & EllisCommercial Florida has 40 brokers divided among its Orlando, Melbourne and Tampa offices to serve the entire mid-Florida marketplace.
About Grubb & Ellis:
Named to The Global Outsourcing 100™ in 2009 by the International Association of Outsourcing Professionals™, Grubb & Ellis Company (NYSE: GBE) is one of the largest and most respected commercial real estate services and investment companies in the world. Our 6,000 professionals in more than 130 company-owned and affiliate offices draw from a unique platform of real estate services, practice groups and investment products to deliver comprehensive, integrated solutions to real estate owners, tenants and investors. The firm’s transaction, management, consulting and investment services are supported by highly regarded proprietary market research and extensive local expertise. Through its investment subsidiaries, the company is a leading sponsor of real estate investment programs that provide individuals and institutions the opportunity to invest in a broad range of real estate investment vehicles, including public non-traded real estate investment trusts (REITs), tenant-in-common (TIC) investments suitable for tax-deferred 1031 exchanges, mutual funds and other real estate investment funds. For more information, visit www.grubb-ellis.com.
ORLANDO, Fla. - Grubb & EllisCommercial Florida recently negotiated the $2,000,000.00 sale price for Semoran Park, a professional office building at 1277 N. Semoran Blvd. (SR 436) in Orlando.
Jay Dixon, vice president and associate Jerry Thornbury in the Office Group at Grubb & EllisCommercial Florida, brokered the transaction representing the buyer, Orlando-based Orange Crown Holdings, LLC and the seller, Semoran Park Condominiums, LLC of Orlando.
Semoran Park, with 19,136 total square feet of Class A office space, was built in 2000 and was 72.6 percent leased at the time of sale. Major tenants include Semoran Park Family Physicians and Semoran Law Center.
Contact:
Jay Dixon, 407-481-5832, jdixon@commercialfl.com
Jerry Thornbury 407-481-5385, Jthornbury@commercialfl.com
Jeff Sweeney, 407-481-5387, Jsweeney@commercialfl.com
Larry Vershel 407-644-4142
About Grubb & EllisCommercial Florida:
Grubb & EllisCommercial Florida is an affiliated commercial real estate services firm specializing in the leasing and sale of office, industrial, retail, land and investment properties. Currently Grubb & EllisCommercial Florida has 40 brokers divided among its Orlando, Melbourne and Tampa offices to serve the entire mid-Florida marketplace.
About Grubb & Ellis:
Named to The Global Outsourcing 100™ in 2009 by the International Association of Outsourcing Professionals™, Grubb & Ellis Company (NYSE: GBE) is one of the largest and most respected commercial real estate services and investment companies in the world. Our 6,000 professionals in more than 130 company-owned and affiliate offices draw from a unique platform of real estate services, practice groups and investment products to deliver comprehensive, integrated solutions to real estate owners, tenants and investors. The firm’s transaction, management, consulting and investment services are supported by highly regarded proprietary market research and extensive local expertise. Through its investment subsidiaries, the company is a leading sponsor of real estate investment programs that provide individuals and institutions the opportunity to invest in a broad range of real estate investment vehicles, including public non-traded real estate investment trusts (REITs), tenant-in-common (TIC) investments suitable for tax-deferred 1031 exchanges, mutual funds and other real estate investment funds. For more information, visit www.grubb-ellis.com.
Paper Dolls consignment shop to open on W. Minneola Ave. in Downtown Clermont
Paper Dolls consignment shop to open on W. Minneola Ave. in Downtown Clermont
CLERMONT, Fla. - Paper Dolls, a “go green” consignment shop is scheduled to open at 790 W. Minneola Ave. in Downtown Clermont at the end of this month.
Anne Villante, owner of Paper Dolls, used many recycled items to bring her idea of a green consignment shop together. Bed rails are used to hang clothes and a couple of doors a neighbor threw away were recycled to install two dressing rooms. “We cut up gift bags that were too crushed to use again to make price tags,” said Villante, “We want to recycle as much as we can and keep Paper Dolls green,” she added.
For more information, contact:
Anne Villante, Owner, Paper Dolls, 321-263-7053
Susan Breding, Larry Vershel Communications, 407-644-4142
CLERMONT, Fla. - Paper Dolls, a “go green” consignment shop is scheduled to open at 790 W. Minneola Ave. in Downtown Clermont at the end of this month.
Anne Villante, owner of Paper Dolls, used many recycled items to bring her idea of a green consignment shop together. Bed rails are used to hang clothes and a couple of doors a neighbor threw away were recycled to install two dressing rooms. “We cut up gift bags that were too crushed to use again to make price tags,” said Villante, “We want to recycle as much as we can and keep Paper Dolls green,” she added.
For more information, contact:
Anne Villante, Owner, Paper Dolls, 321-263-7053
Susan Breding, Larry Vershel Communications, 407-644-4142
Melrose-Sovereign Companies Awarded Contract to Manage Hyer House Condominiums in Downtown Orlando
Melrose-Sovereign Companies Awarded Contract to Manage Hyer House Condominiums in Downtown Orlando
ORLANDO, Fla. - Melrose-Sovereign Companies, which ranks as one of Florida’s largest community management companies, was recently awarded a contract to manage the Hyer House Condominiums, located on Hyer Ave. in downtown Orlando.
Ellen Lumpkin, co-founder and partner at Melrose-Sovereign Companies, said Hyer House is a residential condominium complex within walking distance of Lake Davis and Thornton Park.
Jack Hanson, co-founder and partner at Melrose-Sovereign said the firm currently manages properties for more than 150 developers, investors and owners throughout Florida,
Melrose-Sovereign Companies, formed in 2008 with the merger of Melrose Management Group and Sovereign Residential Services in Orlando, currently employs more than 100 property management specialists in offices in Jacksonville, Orlando, Daytona Beach, Tampa, Palm Harbor, Bradenton/Sarasota, Port Charlotte and Fort Myers.
For more information contact:
Ellen G. Lumpkin, LCAM, Partner/Co-founder, Melrose-Sovereign Companies, 407-228-4181, elumpkin@melrose-sovereign.com
Jack B. Hanson, LCAM, Partner/Co-founder, Melrose-Sovereign Companies, 407-228-4181, jhanson@melrose-sovereign.com
Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142, Lvershelco@aol.com
ORLANDO, Fla. - Melrose-Sovereign Companies, which ranks as one of Florida’s largest community management companies, was recently awarded a contract to manage the Hyer House Condominiums, located on Hyer Ave. in downtown Orlando.
Ellen Lumpkin, co-founder and partner at Melrose-Sovereign Companies, said Hyer House is a residential condominium complex within walking distance of Lake Davis and Thornton Park.
Jack Hanson, co-founder and partner at Melrose-Sovereign said the firm currently manages properties for more than 150 developers, investors and owners throughout Florida,
Melrose-Sovereign Companies, formed in 2008 with the merger of Melrose Management Group and Sovereign Residential Services in Orlando, currently employs more than 100 property management specialists in offices in Jacksonville, Orlando, Daytona Beach, Tampa, Palm Harbor, Bradenton/Sarasota, Port Charlotte and Fort Myers.
For more information contact:
Ellen G. Lumpkin, LCAM, Partner/Co-founder, Melrose-Sovereign Companies, 407-228-4181, elumpkin@melrose-sovereign.com
Jack B. Hanson, LCAM, Partner/Co-founder, Melrose-Sovereign Companies, 407-228-4181, jhanson@melrose-sovereign.com
Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142, Lvershelco@aol.com
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