Friday, May 29, 2009

Avalon Park Group Awards Contract to Start Construction of Kids ‘R’ Kids Daycare Center at Avalon Park, FL

ORLANDO, FL - Avalon Park Group has awarded a contract to Roger Kennedy Construction Company to build a 2,800 square foot Kids ‘R’ Kids day care facility at Avalon Park in east Orlando.

Ross Halle, architect and town planner at Avalon Park, said construction of the facility is now under way and the new childcare facility is expected to open in August.

For more information, contact:
Ross Halle, Architect/Town Planner, Avalon Park Group, 407-658-6565
Stephanie Hodson, Marketing Coordinator, Avalon Park Group, 407-658-6565
Brendon Dedekind, Director of Leasing/Business Development, Avalon Park Group Management Inc., 407-658-6565
Beat Kahli, Owner/Founder, Avalon Park Group; 407-658-6565
Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142

Thomas D. Wood Brokers $2.5M Loan for CVS in Texas

ORLANDO, FL, May 29, 2009— Thomas D. Wood and Company, a Strategic Alliance Mortgage LLC member, secured financing on May 27, 2009, in the amount of 2,500,000 for a CVS Pharmacy in DeSoto, Texas.

Jeff Schnupp, (top right photo) Company Vice President, financed the CVS Pharmacy through Thomas D. Wood and Company’s relationship with a local banking institution.

The loan has a fixed interest rate of 7% and a five-year term, based on a 22-year amortization. Loan-to-value is 55%. The 13,813 square-foot single-tenant retail store was built in 2004, and is located at 1305 W. Beltline Road, DeSoto, Texas.

Jeff Schnupp, (407) 937-0470,

Jessica Gurtowski, (407) 937-0470,

Hewlett Packard Renewal Helps Richmond, VA Industrial Market

RICHMOND, VA--Perry Moss, regional research director, GVA Advantis, reports the industrial leasing market appears better than in actuality as it was heavily buoyed by the Hewlett Packard renewal of 800,000 square foot at White Oak Technology Park in Eastern Henrico County.

The sales market is in a virtual free-fall due to credit and market instability.

Most key indices are down, including vacancy which is at its highest level in over two years, but look to recover later this year or early 2010.

A myriad of negative economic news forced the leasing market to slow considerably, however, received a one-time shot in the arm from the 800,000 square foot HP renewal. Most tenants are opting for short flexible leases.
The Qimonda AG computer chip memory production facility at White Oak is now closed costing some 1,500 high-tech jobs.

Tyson Foods expands by 180 positions at their Hanover County facility.

USF Holland Trucking shuts down its Belt Blvd. location affecting 350 jobs.
Contact: Perry Moss,

Terranova Signs Designer Fashion Boutique in Kendall Mall, FL

MIAMI BEACH, FL– Terranova Corporation has signed M-M Couture at Kendall Mall (bottom right photo) an addition that brings unique designer fashion to this popular and convenient Kendall shopping center.

M-M Couture will open on June 6 at Kendall Mall, at 8831 SW 107th Avenue.

The 464-square foot fashion boutique is a destination offering designer clothing and accessories, along with the service and advice of two local owners who have their finger on the pulse of the latest styles.

“Designer fashion was one of the few things missing from Kendall Mall, and I am so excited we’re adding it,” said Terranova executive vice president Mindy McIlroy.

“I am delighted that with M-M Couture, area shoppers won’t have to go out of their way or make a special trip in order to shop for the latest designer trends.”

And having the latest designer trends is entirely the idea behind M-M Couture, founded by local fashion connoisseurs Maria and Michelle.

The store carries clothing and accessories from designers that include Collective Concepts, Rubber Ducky, Lush, Classique, Body Language, Aily V and Big Buddha.

Maria and Michelle update inventory frequently and focus on the latest styles, so customers are assured they are seeing the latest that the fashion world has to offer.

“We’re looking forward to opening our doors at the Kendall Mall and providing our customers with up to the minute trends that will suit their style and budget,” Maria said.

“Our best compliment is our customers’ referral,” said Michelle.

M-M Couture will be having their Grand Opening Event on Saturday, June 6th from 11:00am to 8:00pm. Please join them for cupcakes and champagne.

Contact: Karen LaFleur,