Wednesday, June 1, 2011

NAI Realvest Negotiates Long Term Lease of Former Village Inn Restaurant on South John Young Parkway in Orlando

Maitland - NAI Realvest recently negotiated a new long-term retail lease agreement with Habaneros Mexican Restaurant for the 4,665 square foot former Village Inn restaurant facility at 13524 South John Young Parkway in Orlando.

Matt Cichocki and Kevin O’Connor, principals at NAI Realvest negotiated the transaction representing the landlord, Realty Income Corporation based in Escondido, Calif. Jeff Tanner of Coldwell Banker commercial NRT represented the tenant.

Habaneros plans a June opening of the restaurant with an unspecified number of seats, Cichocki said.

About NAI Realvest:
NAI Realvest in Orlando, 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 350 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.

Ashton Woods Homes opens new phase with 25 home sites at The Landings in south Tampa

TAMPA, Fla. --- Ashton Woods Homes has opened a new phase with 25 oversized home sites at The Landings located off Interbay and Westshore Blvds. in south Tampa.

Michael Roche, vice president of sales and marketing at Ashton Woods Homes in the Tampa Bay region, said three, four and five bedroom homes at The Landings range in size from 1,389 square feet of living space to 2,801 square feet.

Single family homes in the new phase at The Landings in South Tampa are priced from under $200,000.

Ashton Woods Homes is one of the nation’s largest private homebuilding companies, with operations in Orlando, Tampa, Atlanta, Raleigh, Dallas, Houston, Austin and Phoenix. Visit www.ashtonwoodshomes.com.

Pulte Homes to host Grand Opening of Forest Hammock at OakLeaf

JACKSONVILLE, Fla. --- Pulte Homes will host a grand opening Saturday, June 18, to showcase their new single-family model home at Forest Hammock at Oakleaf Plantation, located at 423 Kirkland Ct., off Argyle Forest Blvd. at Orange Village Pwy. in Orange Park.

Sean Strickler, vice president of sales and marketing for Pulte Homes in the North Florida region, said 177 new single-family homes are planned at Forest Hammock at Oakleaf in five distinctive floor plans that range from 1,266 square feet of living space to 2,371 square feet.

New Pulte homes at Forest Hammock at Oakleaf will be priced from the mid $100s and there is no CDD fee for residents, which is a rarity in Jacksonville given the level of amenities in the community.

Home owners at Forest Hammock will enjoy the small town atmosphere of Oakleaf where residents can live, work, learn, play, dine, shop and worship without leaving the community. Children in Forest Hammock can attend five of the highly rated Clay County schools located within the community.

Forest Hammock at Oakleaf features a community clubhouse and large swimming pool, tennis courts, volley ball court and soccer field with several tot lots and a full playground.

Strickler said the grand opening event which is open to the public is scheduled from 10 a.m. to 6 p.m. For information, telephone 800-354-2201 or visit www.pulte.com/foresthammock.

About Pulte Homes
Award-winning Pulte Homes communities are designed to deliver the best quality of life for home owners. By combining innovative life-enhancing designs, an unwavering commitment to quality and attention to detail, Pulte Homes is the nation’s premier home brand for upwardly mobile home buyers in 26 states and the District of Columbia. As the most awarded homebuilder in customer satisfaction, Pulte Homes has ranked tops in the annual JD Power and Associates® New-Home Builder Customer Satisfaction Studysm more than 75 times since 2000. For more information about Pulte Homes, visit www.pultehomes.com.

NAI Realvest Negotiates Lease Renewal for 6,000 Square Feet at Sanford Central Park

Maitland, Fla. – NAI Realvest recently negotiated a lease renewal agreement for 6,000 square feet of office/warehouse space in Sanford Central Park, 801 Central Park Drive off S.R. 46 in Sanford.

Michael Heidrich, principal at the firm, brokered the transaction on behalf of the landlord, Winter Park-based Private Storage, Inc. d/b/a Selwo Investment Group, and the tenant, DHR Mechanical Services Orlando, Inc. d/b/a Shumate Mechanical.

About NAI Realvest:
NAI Realvest in Orlando, 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 350 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.

Ryland Homes Starts Construction of New Single Family Model Home at Channing Park in Lithia

TAMPA, Fla. – Ryland Homes has started construction of a new model home at Channing Park, located off Dorman and Boyette Rds. near FishHawk Ranch in Lithia.

Tony Crimi, vice president of sales and marketing for Ryland Homes in the Tampa Bay region, said the Siesta model home offers five bedrooms and three-and-a-half baths in 3,154 square feet of living space and three-car garage.

Ryland Homes plans to build 48 new three, four and five bedroom single-family homes at Channing Park that range in size from 2,256 square feet of living space to 3,500 square feet.

Crimi said a new community clubhouse and swimming pool under construction now at Channing Park will open in July.

About Ryland Homes
With headquarters in Southern California, Ryland is one of the nation’s largest homebuilders and a leading mortgage-finance company. The company currently operates in 28 markets across the country and has built more than 275,000 homes and financed more than 230,000 mortgages since its founding in 1967. Ryland is listed on the New York Stock Exchange under the symbol “RYL.”

Cuhaci & Peterson Architects of Orlando completes design of 45,000 square foot Publix Supermarket in Enterprise, Ala.

ORLANDO, Fla. --- Cuhaci & Peterson Architects, LLC based in Orlando’s Baldwin Park, completed the design of a 45,000 square foot Publix supermarket in Enterprise Ala. at the corner of Highway 27 and Boll Weevil Circle.

James E. Downs, president at Cuhaci & Peterson Architects, attended the groundbreaking in mid May to celebrate the first Publix in Enterprise.

NAI Realvest Negotiates Industrial Lease for Auto Collision Repair Facility at Carter CommerCenter in Winter Garden

Maitland, Fla. – NAI Realvest recently negotiated a new lease agreement for 1,875 square feet of industrial space in Suite 280 of the Carter CommerCenter, 902 Carter Rd. in Winter Garden off S.R. 50.

Michael Heidrich, a principal at NAI Realvest, brokered the transaction on behalf of the landlord COP-Carter, LLC of Maitland and the tenant, J & L Customs, Inc. a Winter Garden based auto collision repair and custom shop.

About NAI Realvest:
NAI Realvest in Orlando, 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 350 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.

Tuesday, May 31, 2011

Inventory of Spec Homes in Central Florida is decreasing and prices are rising, Lennar warns “Now is the time to buy”

ORLANDO/TAMPA, Fla. --- The inventory of available ready-to-move-in spec homes in the Orlando and Tampa Bay regions is decreasing and that means prices are beginning to rise, according to one of Florida’s most active home builders.

Mark Metheny, president of Lennar’s Central Florida Division, which builds new single family and town homes in 20 communities in the Clermont, Orlando and Space Coast areas and in 15 communities in the Tampa Bay region, said Lennar is working hard to maintain ready-to-move-in homes in all its communities.

“As inventories decline, the law of supply and demand is reasserting itself,” Metheny said.

Currently, Lennar’s ready-to-move-in homes at its communities in Hillsborough, Pasco, Hernando and Polk Counties are priced from the $70s to more than $400,000. In the Clermont, Orlando and Space Coast regions Lennar move-in ready homes are priced from the low $100s to the high $200s, Metheny explained.

“We are building new ready-to-move-in homes in all of our communities and it is getting harder to keep up with demand,” Metheny said.

As the Florida housing market recovers, some buyers are going to see a window of opportunity close, he said.

“Right now, the lowest pricing, the lowest mortgage interest rates and the best availability all point to a unique window for home buyers that will close as demand increases and prices rise," Metheny said.

For more information, visit www.Lennar.com or call 888-317-7489.

Central Florida Cyclist gets closer to reaching fundraising goal for his participation in Race Across America

EUSTIS, Fla. – First Green Bank, based in Lake County, is asking the public to help fund Central Florida cyclist Steven Perezluha’s efforts to win the 30th annual Race Across America (RAAM), the grueling 3,000 mile race that will start in Oceanside, Calif. on June 15 and end less than 12 days later in Annapolis, Md.

Ken LaRoe, chairman and chief executive officer of First Green Bank, said 20-year-old Perezluha has a realistic chance of winning this year’s Race Across America but that effort will cost more than $20,000 including registration fees and accommodations for the eight person team that will accompany him on his journey.

“Steven Perezluha is a remarkable young man with a very promising future and First Green Bank is proud to help sponsor him for this monumental effort,” LaRoe said.

“The Race Across America is widely regarded as the toughest bicycle race in the world,” LaRoe said. “Cyclists often ride more than 20 hours every day from the start of the race to the finish, and they must consume upwards of 15,000 calories a day.”

Perezluha rode more than 30,000 miles on his bicycle last year in preparation for the Race Across America. In one six-day stretch, he rode from his home in Longwood to Key West and back, a total of 1,456 miles. And that was a short trip – in 2009, Perezluha rode his bicycle to Alaska and back. He has also won and set records at several racing events over the past couple years.

“Steven also has an excellent pedigree,” LaRoe said. “His uncle, Danny Chew, won the Race Across America in 1996 and 1999.”

Those wishing to also help support Perezluha’s Race Across America can contribute to his team by visiting his Donation Page at www.StevenPerezluha.com

International, Out-of-State Home Buyers in Central Florida Finding Great Values that Locals Often Overlooked, Roger Soderstrom Says

ORLANDO, Fla. --- International and out-of-state home buyers in Florida are finding great values that local home buyers are overlooking, says one prominent realtor.

Roger Soderstrom, founder and owner of Stirling Sotheby’s International Realty in Orlando, said international and out-of-state home buyers tend to look at Florida housing opportunities with un unvarnished eye.

“Floridians have been so inundated with how bad the market is that they’re overlooking that our market has bottomed out, and all of the great values that are now out there,” Soderstrom said.

Outsiders, including buyers from overseas, are finding a lot of Central Florida property priced well below property back home, and much lower than prices they may have experienced two or three years ago in Florida,” he said.

Luxury home specialist Dan Natoli agrees.

“Many excellent Central Florida homes are substantially undervalued, and the opportunities here are tremendous,” Natoli said.

“Sometimes, it takes an outsider to see the obvious, and that’s what is happening here. Some of the very best values are going to newcomers, international vacation home buyers and second home buyers,” Natoli said.

Natoli said the supply of undervalued properties is declining.

“The pool of listed homes for sale overall is declining,” Natoli said. “Currently, less than 11,000 homes are listed for sale in Central Florida and that’s the lowest in more than six years,” he said.

Natoli said some homes are seeing multiple offers for the first time in years.

“Stirling Sotheby’s is very aggressive in marketing homes to buyers throughout the U.S. and around the world,” Natoli said.

“In many cases we are creating markets for luxury homes and waterfront properties that are significantly larger than the Central Florida region,” he said.

About Stirling Sotheby’s International Realty
Stirling Sotheby’s International Realty is affiliated with Sotheby’s International Realty, the largest luxury real estate brand in the world. Stirling Sotheby’s exclusive services include luxury residential, new homes, commercial, property management, in addition to supporting builders, developers, lenders, and asset managers. The company operates three performance zones which serve all of Central Florida. Visit www.StirlingSIR.com