ORLANDO, Fla. — NAI Realvest recently completed two new lease agreements totaling 9,410 rentable square feet on the sixth floor of the Citadel III at 5950 Hazeltine National Drive in Southeast Orlando.
Senior Broker Associate Mary Frances West CCIM and Matt Cichocki, Principal negotiated both transactions representing Citadel Partners, Ltd. of Oakland, Fla., landlord of the 139,000 square foot office building which is now 100 percent leased.
West negotiated a long-term lease with Sub-Zero Group Southeast, Inc. for Suite 670 with 4,450 square feet. The new tenant, a leading manufacturer of luxury appliances, was represented by Craig Castor of Cresa Orlando and Tim Rikkers of Cresa Wisconsin.
United States Tennis Association Incorporated signed a short-term lease for Suite 660 with 4,960 square feet to serve as a temporary location while their $60 million USTA Training Center is being constructed at Lake Nona. Jeff Patterson of Equity, Inc. represented the White Plains, NY based-tenant.
“The building owner’s commitment to maintaining a first class operation has enabled us to achieve a consistent high-occupancy level at Citadel III,” said West.
Friday, July 10, 2015
NAI Realvest Retail Team Negotiates Lease of Sanford Restaurant Facility for New Mexican Grill Opening in August
ORLANDO, Fla. – NAI Realvest recently completed a long-term lease agreement for a 6,313 square foot restaurant facility – the former Sun Valley Buffet -- located at 4520 W. SR 46 in Sanford.
NAI Realvest Retail Team of Matt Cichocki, Kevin O’Connor, and Mitch Heidrich, negotiated the transaction on behalf of the local landlord Tin W. Wong.
The new tenant, El Paso Mexican Grill, Inc. plans to open a restaurant at the site by August.
NAI Realvest Retail Team of Matt Cichocki, Kevin O’Connor, and Mitch Heidrich, negotiated the transaction on behalf of the local landlord Tin W. Wong.
The new tenant, El Paso Mexican Grill, Inc. plans to open a restaurant at the site by August.
Thursday, July 9, 2015
NAI Realvest Negotiates New Long-term Lease for Compass Pointe Healthcare Systems Relocating to Class A Office at Colonial Town Park in Lake Mary
ORLANDO, Fla. – The Partyka Group at NAI Realvest recently negotiated a long-term lease agreement for 3,961 rentable square feet of Class A office space at 400 Colonial Center Parkway in Lake Mary.
NAI Realvest Partner Paul P. Partyka and Associate Juan Jimenez negotiated the transaction on behalf of Tenant Compass Pointe Healthcare Systems.
The landlord, 400 Townpark LLC based in Johns Creek, Ga. was represented in the transaction by Greg Morrison of Morrison Commercial Real Estate.
Compass Pointe Healthcare System, a retirement and assisted living community organization, is moving its headquarters from a location in Volusia County to this more centralized and efficient Seminole County location, Partyka said.
NAI Realvest Partner Paul P. Partyka and Associate Juan Jimenez negotiated the transaction on behalf of Tenant Compass Pointe Healthcare Systems.
The landlord, 400 Townpark LLC based in Johns Creek, Ga. was represented in the transaction by Greg Morrison of Morrison Commercial Real Estate.
Compass Pointe Healthcare System, a retirement and assisted living community organization, is moving its headquarters from a location in Volusia County to this more centralized and efficient Seminole County location, Partyka said.
$5 Million+ Renovation Underway at Oldest Incubator in the UCF Business Incubation Program in Central Fla. Research Park
ORLANDO, Fla. – Construction is underway on a $5 Million plus renovation project of the 50,000 square feet UCF Business Incubator in the Central Florida Research Park.
Carol Ann Dykes, site manager for the Research Park incubator, said the facility, established in 1999, is getting a major upgrade and has undergone six months of a 13-month large-scale renovation project slated for completion in February of next year.
“These facilities are some of the older buildings in Research Park and most of the life safety, telecommunications, electrical, lighting and HVAC systems are outdated. In addition, the internal configuration of the buildings has not been well suited for use as an incubator and we now have the opportunity to fix that.” Dykes said.
The work also includes the build-out of five much needed chemical wet labs and additional work spaces for companies that need to set up assembly and/or workstations.
“We are fortunate to have an amazing team from UCF Facilities as well as the general contractor Wharton Smith. Everyone has gone above and beyond to make this project as smooth as possible for our clients who are occupying the facilities during the renovations.”
Currently the Research Park incubator houses over 45 early stage and Soft Landing technology client companies.
Carol Ann Dykes, site manager for the Research Park incubator, said the facility, established in 1999, is getting a major upgrade and has undergone six months of a 13-month large-scale renovation project slated for completion in February of next year.
“These facilities are some of the older buildings in Research Park and most of the life safety, telecommunications, electrical, lighting and HVAC systems are outdated. In addition, the internal configuration of the buildings has not been well suited for use as an incubator and we now have the opportunity to fix that.” Dykes said.
The work also includes the build-out of five much needed chemical wet labs and additional work spaces for companies that need to set up assembly and/or workstations.
“We are fortunate to have an amazing team from UCF Facilities as well as the general contractor Wharton Smith. Everyone has gone above and beyond to make this project as smooth as possible for our clients who are occupying the facilities during the renovations.”
Currently the Research Park incubator houses over 45 early stage and Soft Landing technology client companies.
President of Candace Crowe Design to Make Presentations at a Major International Conference in India
ORLANDO, Fla. -- Candace Crowe, president of Candace Crowe Design, technology-based firm that specializes in marketing services for plastic and reconstructive surgery practices throughout the U.S., was honored with an invitation to participate as a faculty member in a major international aesthetic surgery conference in New Delhi India.
Ms. Crowe, who is regularly an invited speaker and panelist at many top U.S. and international conferences for plastic surgeons and the aesthetic industry, will make three presentations and teach a “masters class” in marketing at the Aesthetics 2015 Learning from Each Other, August 28-30 at India Habitat Centre in New Delhi.
With more than three decades of marketing experience, Ms. Crowe has specialized in helping plastic surgeons market their skills since 1999 and has worked with more than 200 clients in the U.S., Canada and Mexico.
Ms. Crowe is the only marketing expert invited to present at this academic conference.
The focus of the conference in New Delhi – with highly interactive sessions to learn from experts in the specialty – is to create awareness about the interdisciplinary approach to the aesthetic practices and provide a holistic approach to management.
Candace Crowe Design is a client company with the UCF Business Incubation Program at the Central Florida Research Park in East Orange County.
Ms. Crowe, who is regularly an invited speaker and panelist at many top U.S. and international conferences for plastic surgeons and the aesthetic industry, will make three presentations and teach a “masters class” in marketing at the Aesthetics 2015 Learning from Each Other, August 28-30 at India Habitat Centre in New Delhi.
With more than three decades of marketing experience, Ms. Crowe has specialized in helping plastic surgeons market their skills since 1999 and has worked with more than 200 clients in the U.S., Canada and Mexico.
Ms. Crowe is the only marketing expert invited to present at this academic conference.
The focus of the conference in New Delhi – with highly interactive sessions to learn from experts in the specialty – is to create awareness about the interdisciplinary approach to the aesthetic practices and provide a holistic approach to management.
Candace Crowe Design is a client company with the UCF Business Incubation Program at the Central Florida Research Park in East Orange County.
Tuesday, July 7, 2015
Fairsail, one of Fastest-Growing Tech Companies in U.K., opens new Orlando Office
ORLANDO, Fla. --- Fairsail, which helps mid-sized, multinational companies acquire, engage, manage and develop their people through global, easy-to-use cloud-based HR software, has established their North American subsidiary at the University of Central Florida’s Business Incubator in the Central Florida Research Park.
Fairsail recently joined the incubation program’s Soft Landing program, which provides flexible office space, business contacts and other services for a limited period of time to companies from outside Metro Orlando wanting to establish operations in Orlando to grow their US business.
“Fairsail got their start in a university-based incubator in Reading, U.K,” stated Swinda Salazar-Piquemal, President of the Americas. “It was natural for us to look for a similar incubator to support our growing US-based operations.”
Fairsail, which recently reported annual year-to-date growth of 150 percent and a five-year growth rate of more than 1,000 percent, was named by Deloitte as one of the 50 fastest-growing technology companies in the U.K in 2014. It also has a presence on the West Coast in San Francisco.
Fairsail recently joined the incubation program’s Soft Landing program, which provides flexible office space, business contacts and other services for a limited period of time to companies from outside Metro Orlando wanting to establish operations in Orlando to grow their US business.
“Fairsail got their start in a university-based incubator in Reading, U.K,” stated Swinda Salazar-Piquemal, President of the Americas. “It was natural for us to look for a similar incubator to support our growing US-based operations.”
Fairsail, which recently reported annual year-to-date growth of 150 percent and a five-year growth rate of more than 1,000 percent, was named by Deloitte as one of the 50 fastest-growing technology companies in the U.K in 2014. It also has a presence on the West Coast in San Francisco.
Thursday, July 2, 2015
NAI Realvest Negotiates $790,000 Sale of Seven Acre Multifamily Development Site in Casselberry
ORLANDO, Fla. — NAI Realvest recently negotiated a $790,000 sale price for a 7.14 acre multifamily site across from Legacy Park on Seminola Blvd in Casselberry, FL.
Jason G. Toll, director of industrial services at NAI Realvest, negotiated the transaction on behalf of the seller Lake Helen based Casselberry Investment Properties, LTD..
Orlando-based RM Plus is the buyer who plans to build garden style homes on the site. Nohora Gomez of Weichert Realtors represented the buyer in the transaction.
Jason G. Toll, director of industrial services at NAI Realvest, negotiated the transaction on behalf of the seller Lake Helen based Casselberry Investment Properties, LTD..
Orlando-based RM Plus is the buyer who plans to build garden style homes on the site. Nohora Gomez of Weichert Realtors represented the buyer in the transaction.
Ryland Homes Opens Exclusive St. David’s at Windsor Plantation, gated phase for 22 Single-Family Homes priced from mid-$240s
Myrtle Beach, S.C. --- Ryland Homes has opened its most exclusive new neighborhood at Windsor Plantation in Myrtle Beach with 22 private home sites for single-family luxury homes priced from the $240s.
Donald T. McDonough, division president of Ryland Homes in the Charleston and Myrtle Beach region, said the gated St. David’s neighborhood, located off Devon Estate Avenue at Highway 544 in Myrtle Beach, is Ryland’s final phase at the popular Windsor Plantation community.
“All 22 homesites front on a lush, protected wooded area or the largest pond in the community,” McDonough said.
Six distinct floor plans are available at St. David’s that range in size from 1,800 square feet of living space to 3,300 square feet.
The three and four-bedroom luxury homes offer two or three baths, optional bonus rooms or sunrooms and two-car garages, McDonough added.
New luxury homes at St. David’s are priced from $241,000 to $272,000.
McDonough said Ryland Homes has already started construction of seven new homes at St. David’s.
“The first two new homes will be ready for move in by September,” McDonough said.
St. David’s features a resort-style swimming pool, hot tub, and a community clubhouse with a state-of-the-art exercise facility.
New home sales associates Ed Kaminski and Trisha Whitaker are conducting scheduled tours of St. David’s daily. For more information or to schedule a look at the luxury community, telephone 843-215-7750.
Donald T. McDonough, division president of Ryland Homes in the Charleston and Myrtle Beach region, said the gated St. David’s neighborhood, located off Devon Estate Avenue at Highway 544 in Myrtle Beach, is Ryland’s final phase at the popular Windsor Plantation community.
“All 22 homesites front on a lush, protected wooded area or the largest pond in the community,” McDonough said.
Six distinct floor plans are available at St. David’s that range in size from 1,800 square feet of living space to 3,300 square feet.
The three and four-bedroom luxury homes offer two or three baths, optional bonus rooms or sunrooms and two-car garages, McDonough added.
New luxury homes at St. David’s are priced from $241,000 to $272,000.
McDonough said Ryland Homes has already started construction of seven new homes at St. David’s.
“The first two new homes will be ready for move in by September,” McDonough said.
St. David’s features a resort-style swimming pool, hot tub, and a community clubhouse with a state-of-the-art exercise facility.
New home sales associates Ed Kaminski and Trisha Whitaker are conducting scheduled tours of St. David’s daily. For more information or to schedule a look at the luxury community, telephone 843-215-7750.
Berkadia negotiates $4 million sale of apartment community in Mobile
Birmingham / Mobile, Ala. – Berkadia, one of the nation’s largest and most active multifamily investment sales companies, recently negotiated the $4 Million sale of Woodland Square, a 128-unit apartment community on Sage Ave. and Airport Blvd. in Mobile.
Josh Jacobs, investment sales associate at Berkadia along with partner David Oakley, negotiated the transaction representing an Alabama-based seller.
Jacobs said the property, which new ownership is rebranding as “Midtown Sage Apartments,” was built in 1974 and renovated in 2013-2014.
The California-based purchaser assumed the existing Fannie Mae loan on the property.
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.
Josh Jacobs, investment sales associate at Berkadia along with partner David Oakley, negotiated the transaction representing an Alabama-based seller.
Jacobs said the property, which new ownership is rebranding as “Midtown Sage Apartments,” was built in 1974 and renovated in 2013-2014.
The California-based purchaser assumed the existing Fannie Mae loan on the property.
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.
Thursday, June 25, 2015
Hold-Thyssen Real Estate Services increases Management / Leasing Portfolio to over 4 Million Square Feet in last 60 Days
WINTER PARK, Fla. --- Hold-Thyssen, a real estate services firm based in Winter Park with offices in Tampa and Nashville, recently added 600,000 square feet of commercial properties for leasing and management to its Florida property management portfolio over the past 60 days.
Robert Hold, principal at Hold-Thyssen, Inc., said the firm now manages more than 4,000,000 square feet of retail and office space.
Hold said the new retail assignments total 266,000 square feet.
The office assignments, which total 376,000 square feet include the Rialto office building in Melbourne, Breckenridge and Buschwood in Tampa and Axiom Center in Maitland.
Hold attributes the solid growth to court receivership experience, attention to detail, creative management, and total company participation in the management and leasing effort.
Hold-Thyssen Inc. is a real estate firm providing 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.
Robert Hold, principal at Hold-Thyssen, Inc., said the firm now manages more than 4,000,000 square feet of retail and office space.
Hold said the new retail assignments total 266,000 square feet.
The office assignments, which total 376,000 square feet include the Rialto office building in Melbourne, Breckenridge and Buschwood in Tampa and Axiom Center in Maitland.
Hold attributes the solid growth to court receivership experience, attention to detail, creative management, and total company participation in the management and leasing effort.
Hold-Thyssen Inc. is a real estate firm providing 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.
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