Sunday, December 13, 2009

Industrial Team at Southern Commercial Completes 114,292-SF Sale in Kissimmee, FL

ORLANDO, FL.-- Principals William “Bo” Bradford, CCIM, SIOR and Tom McFadden, SIOR of Southern Commercial Real Estate Advisors completed the sale of a 114,292± square foot former freezer/cooler facility located at 1112 Collins Drive, Kissimmee, Florida.

 Bradford and McFadden represent the Seller, The Martin-Brower Company, LLC. The buyer, Vastu, LLC was represented by Matt Sullivan of Colliers Arnold. The facility was previously used by Martin Brower, whom Southern Commercial also represented in the Build-to-Suit of their new 260,000 square foot facility on South Orange Ave.

Media Contact: Celeste MacKenzie, Southern Commercial Real Estate Advisors,321-281-8503 20 N. Orange Avenue, Suite 605, Orlando, FL 32801,

MBA Comment on Implication of House Passed Regulatory Reform on Commercial/Multifamily Mortgage Market

WASHINGTON, D.C. - - Jan S. Sternin, (top right photo)  CMB, Senior Vice President of Commercial and Multifamily at the Mortgage Banker Association, issued the following statement after the U.S. House passed H.R. 4173, the Wall Street Reform and Consumer Protection Act of 2009.

"We are gratified that the bill gives regulators the flexibility to recognize the unique nature of commercial real estate lending and applaud legislators for their efforts to avoid further disrupting the commercial real estate market.

"Risk retention already exists in the commercial mortgage-backed securities (CMBS) business model through a market-based solution in which specialized participants act as gatekeepers by purchasing the B piece, or first loss position. These participants possess a sophisticated knowledge of the underlying market and assume the risk retention role."

CONTACT: John Mechem, (202) 557-2924,