NAI Realvest Charles Wayne Commercial Closes on $1.14 Million Sale of 44 Residential Lots in Lake Helen

Aerial site plan

Lake Helen, Fla. – NAI Realvest Charles Wayne Commercial, a local real estate industry leader with a global footprint, has closed on the $1,144,000.00 sale by D.R. Horton Inc. of 44 estate-size homesites in the Woods of Lake Helen in West Volusia County.

Steve Costa, Associate at NAI Realvest Charles Wayne Commercial, negotiated the transaction on behalf of the seller.  Costa worked closely with the City of Lake Helen and its Historical Board to ensure the buyer would be a good fit for the City’s architectural gateway standards that maintain an Old Florida feel.

Melbourne-based Vintage Estate Homes, the buyer who plans to build single-family homes in a variety of architectural styles on the finished lots,  is building similar homes at Oakland Park in Winter Garden, Fla. 

“The City of Lake Helen became convinced about the quality of Vintage Estate Homes’ designs, and they are now enthusiastic about seeing the subdivision move forward,” said Costa.

Geneva model

Vintage Estate Homes will be completing and opening models in the spring-summer of 2019 at the Woods of Lake Helen located off Main Street in the rural town southeast of DeLand.  

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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.

About Charles Wayne Properties

Charles Wayne Properties has also served the needs of the real estate community since 1978. It has developed and managed shopping centers, freestanding retail, office buildings and industrial parks.  CWP has worked with local and national clients in capacities including brokerage, development, investment sales, health care practice sales, tenant representation, property management and receivership. To learn more please visit www.charleswayne.com. 

Hold-Thyssen Completes Expansion Lease at Apopka Commerce Center Nearly Doubling Space of the Non-Profit for Disadvantaged Children

APOPKA / WINTER PARK, Fla. – Hold-Thyssen, Inc. a full service commercial real estate firm, recently negotiated an expansion lease in Apopka Commerce Center, a 98,000 square foot industrial park on Cooper Commerce Drive in Apopka.     

Hold-Thyssen’s team of Alex Rowlinson and Troy Stevens represented the landlord in the three-year lease of 2,400 square feet at 535 Cooper Commerce Drive.  Tenant My Neighbors Children, Inc., who provides meals, clothing and other resources to disadvantaged children in North and South America, already leased 2,800 square feet. They have now expanded into a total occupancy of 4,900 square feet. 

The Hold-Thyssen team also negotiated a three-year lease renewal of 15,400 square feet at the center. The tenant Bavaria Corp. is a manufacturer of ingredients for food safety and processing under numerous brand names.

Currently Apopka Commerce Center is more than 90 percent leased.

Hold-Thyssen provides commercial property brokerage 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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DiVosta Homes’ IslandWalk at the West Villages in Venice Plans Second Resort Amenity Center

VENICE, Fla. -- As the demand for new homes in Southwest Florida steadily increases, so does the level of lifestyle and care-free social living offered at many of Southwest Florida’s top communities. That’s why DiVosta Homes is constructing a second resort amenity center at its IslandWalk at the West Villages community in Venice.      

Situated off U.S. Highway 41 between Jacaranda Blvd. and River Road, the IslandWalk community’s second resort amenity center will boast an approximately 8,000 square foot clubhouse, community garden, resort-style pool with lap lanes, spa, and 8 pickleball courts, according to Richard McCormick, president of DiVosta Homes in Southwest Florida.

Elegant but casual, this tropical swimming pool
 at IslandWalk’s existing amenity center 
preview’s what’s to come at the second 
resort-style amenity center planned for the community. 

“Residents at IslandWalk appreciate the active lifestyle this community offers, and enjoy the friendly culture that is centered around interacting and socializing with others,” he said. “There is always something to do here and the amenities are definitely utilized, especially with the increase in popularity of activities like pickleball and community gardening.” When complete in late 2019, the new amenity center – located southeast of the existing resort amenity campus – will bring the number of pickleball courts up to twelve, he added.

IslandWalk’s existing amenity center has two clubhouses, a tropical resort-style pool, separate lap pool, a lakeside gazebo, 8 tennis courts, 2 bocce ball courts, 4 pickleball courts, a half basketball court, children’s play areas and miles of walkways through pristine estuaries.  McCormick said the existing amenity center also includes a fitness room with state-of-the-art equipment for cardio and strength training; activity and craft rooms; a studio for Yoga and Zumba classes; and an elegant gathering room.

Artist’s rendering of the site of
IslandWalk’s planned 2^nd amenity center 

With a busy full-time onsite Activities Director, McCormick said the community is home to many holiday and special events, as well as those for individuals, groups and clubs.  

“The residents here really appreciate living in a community that offers so many amenities that encourage mingling and the building of community spirit and pride,” said McCormick. “This, along with the tremendous value and great weather, is why IslandWalk is our top selling community in Southwest Florida, with over 200 new residents calling it home in the past year.”

Priced starting from the low $200,000’s to $400,000’s, DiVosta Homes builds 15 distinct attached villa and single-family home designs at IslandWalk, with 2-5 bedrooms, 2-4.5 baths, and living areas that range from 1,372 to over 3,000 square feet.

Six professionally decorated attached villa and single-family model homes are available for touring daily – the Seagrove, Cascadia, Taft Street, Abbeyville, Martin Ray and Pinnacle – each featuring innovative kitchen designs, open gathering areas and beautiful design selections.     

A seventh model home – the Summerwood – is well underway, nearing completion and expected be open to the public in early October.  It’s one of the homebuilder’s top-selling floor plans and will feature some of the Summerwood’s most popular design options.   

For more information, visit www.divosta.com/islandwalk or call 877-289-7666.

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 About DiVosta Homes

DiVosta Homes is a brand of PulteGroup, Inc. (NYSE: PHM). DiVosta Homes builds consumer inspired homes and communities that provide casual, resort-style living for those wanting a winter retreat or a home year-round in its home state of Florida. In addition to providing the sunny Florida lifestyle, DiVosta Homes has always stood for renowned quality for over 50 years. For more information on DiVosta, visit www.divosta.com 

Hold-Thyssen Completes Five Multi-Year Leases on Dr. Phillips Blvd. Totaling 10,400+ Square Feet

WINTER PARK, Fla. --- Hold-Thyssen, Inc. a full service real estate services firm headquartered in Winter Park, recently negotiated five leases totaling 10,404 rentable square feet at Phillips Place, 7575 Dr. Phillips Blvd. in Southwest Orlando. 

Darby Hold

Darby Hold, transaction specialist for Hold-Thyssen, Inc. represented the landlord, Financial Way Realty, Inc. based in Cincinnati, Ohio.   

Tenants who completed new, expansion and/or renewal lease agreements include – 

Charis Counseling Center in Suite 365 with 1,388 square feet;

John E. Russi, CPA P.A., in Suite 320 with 1,670 square feet;

Wes Bal and Dwight Kleine, short sale specialists, Suites 240-245-266 with 5,706 square feet;

Latitude Promotions, Inc., PR firm in Suite 325 with 1,120 square feet; and

Fitzgibbon Alexander, Inc., business brokers, in Suite 135 with 520 square feet.

Kevin Hammond of Cushman & Wakefield represented Charis Counseling opening a new office serving the Dr. Phillips area.

Hold-Thyssen, Inc. is the leasing and management representative for the 56,000 square foot Phillips Place office building, which is now 95 percent leased.

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About Hold-Thyssen, Inc.

Hold-Thyssen, Inc. provides commercial property brokerage 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.

NAI Realvest Negotiates Multi-Year Lease Agreement for Fifth Location of Orlando Neurosurgery in Lake Mary

LAKE MARY / ORLANDO, Fla. – NAI Realvest recently negotiated a multi-year lease agreement with Fairbanks Partners, LLC dba Orlando Neurosurgery at 758 N. Sun Drive, Suite 112 in Lake Mary. 

Chris Adams

The NAI Realvest team of Chris Adams, Associate and Mez Birdie, CCIM, director of retail services, represented Landlord Lake Mary Medical Park, LLC.  The tenant, a Winter Park-based medical practice of neurosurgeons is now open and operating at its fifth location.   

Mez Birdie

The main office of Orlando Neurosurgery is at 1605 W. Fairbanks Ave. in Winter Park and three other offices are located at 8400 Red Bug Lake Rd. in Oviedo, at 2000 Fowler Grove Blvd. in Winter Garden and at 720 W. Oak Street in Kissimmee.     

Visit http://www.orlandoneurosurgery.com/

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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.

Lincoln Property Broker Closes On $3,000,000 Sale of Majority of Professional Office Condos North of Orlando

professional office condos at 587 E. SR 434 

ORLANDO, Fla. – Lincoln Property Company recently closed on the $3,000,000 sale of the majority of a 75,720 square foot, three-story building comprised of professional office condos at 587 E. SR 434 in Longwood.   Broker Sean DuPree, CCIM listed the property totaling 62,600 square feet or over 80 percent of the building and negotiated the transaction representing the

 seller, Fort Lauderdale-based Longwood Office Park, LLC.    Orlando investors 434 Longwood Medical LLC purchased five vacant units on the first floor and the entire second and third vacant floors each measuring 25,000 square feet.  The building was constructed in 1984 just east of Ronald Reagan Blvd. (CR 427) and less than half a mile from South Seminole Hospital, north of Orlando.   Two other owners that occupy offices on the first floor are West Orange Neprology in 2,476 square feet and Orlando Health Family Medicine in 4,880 square feet.

Sean DuPree

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About Lincoln Property Company

Lincoln Property Company is a full service commercial real estate firm offering a comprehensive suite of value-added services for clients.  With a substantial local presence and history in the Southeast region, the company is ideally situated to provide superior service, which comes from striving to understand the goals and challenges of tenants, investors, lenders and owners of commercial real estate.  

NAI Realvest Closes $3 Million+ Acquisition of New Smyrna Beach Walgreens Store

New Smyrna Beach, Fla. -- NAI Realvest recently negotiated the $3,073,000 sale of a 12, 973 square foot building occupied by a Walgreens store located on State Road A1A in New Smyrna Beach. 

Chris Adams

Chris Adams, Associate at NAI Realvest, negotiated the purchase of the building built in 1993, representing Davenport-based Citrus Enterprises Inc.  a freight shipping and trucking company.  Buyer purchased the fully, long-term leased property to exercise a 1031 tax deferred exchange.  

Seller 800A1A Spiro Comitos was represented in the transaction by Mark Hollenbeck of Retail Net Real Estate.  

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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 Earns $900,000 Contract to Provide Flooring for AV Homes’ Bella Parc Townhomes

Orlando/Kissimmee, Fla. --- Blackton, Inc., an Orlando-based supplier for the home building industry, was recently awarded a contract from AV Homes worth $900,000 to provide flooring for Bella Parc Townhomes being developed in Kissimmee. 

Micky Blackton, chief executive officer of the family-owned firm, said the contract with the Arizona-based homebuilder includes all flooring materials for the homebuilder’s 102 three and four-bedroom, townhomes planned for Bella Parc located at 3283 Pleasant Hill Rd. in the Poinciana area.   

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Hold-Thyssen Closes Five-Year Lease for Sherwin-Williams Expansion at Enterprise Plaza in Orange City

ORANGE CITY, Fla. --- Hold-Thyssen, Inc., a full service commercial property firm based in Winter Park, recently negotiated a five-year lease expansion and renewal agreement with Sherwin-Williams Company, a tenant for more than 30 years at Enterprise Plaza, located at 2499 Enterprise Rd. in Orange City.

Darby Hold

Darby Hold, transaction specialist at Hold-Thyssen, who represented the Michigan-based Landlord Florida Premier-Enterprise LLC, said Sherwin-Williams extended the lease of its 4,020 square foot unit and expanded into an additional 1,284 square feet totaling 5,304 square feet for another five year term.

At the same time Hold represented the landlord in a three year lease renewal agreement with SalonCentric, Inc.   The tenant, a professional salon products distributor with more than 565 locations nationwide occupies 2,720 square feet at Enterprise Plaza and has been serving the area for 13 years.  

The two tenants, Sherwin-Williams and SalonCentric combined, occupy a total of 8,024 square feet at Enterprise Plaza.

Hold-Thyssen, Inc. provides commercial property brokerage 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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NAI Realvest Negotiates $3.975 Million Sale of Downtown Orlando’s Historic Church Street Train Depot Property

Kevin O'Connor

ORLANDO, Fla. – NAI Realvest completed the $3,975,000 sale of the historic Church Street Train Depot, a venue consisting of 15,000 square feet under roof, located at 78 & 90 West Church St. in downtown Orlando. 

Matt Cichocki

NAI Realvest principals Kevin O'Connor,  and Matt Cichocki, negotiated the transaction on behalf of the seller, Ferg’s Depot, which had been operating as a sports bar and restaurant until just prior to close of the sale.   

Local investors, brothers Joe and Rob Nunziata, and principals of Orlando Crazy Train LLC, purchased the property “to bring more retail back into downtown Orlando.”  They’re seeking a national or region

al retailer to fill the space at this high-profile Church Street location.     Christie Smith of Stoneshire Realty represented the Nunziatas.

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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 through NAI Global, an international commercial real estate network with over 400 offices spanning the globe.  Since 1978, clients have built their 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.