Friday, August 24, 2012
NAI Realvest Negotiates Class A Office Lease to Architectural firm at Primera Court I in Lake Mary, FL
The new tenant MDC Architects, Inc., is relocating from Orlando and was represented in the transaction by Betsy Owens of Cushman & Wakefield.
For more information, contact:
Mary Frances West CCIM, NAI Realvest, 407-875-9989 email@example.com;
Patrick Mahoney, President NAI Realvest, 407-875-9989 firstname.lastname@example.org;
Beth Payan or Larry Vershel, Larry Vershel Communications, 407-644-4142 or 407-461-3780 Lvershelco@aol.com
ORLANDO, FL– NAI Realvest recently negotiated a new lease agreement for 10,000 square feet of industrial space in Suite 120 at 522 S. Econ Circle in Oviedo.
Paul P. Partyka (top right photo), managing partner at NAI Realvest, negotiated the transaction representing the Oviedo based landlord M&O LP.
The tenant, Orlando Volleyball Academy, Inc., represented by Robert Freeman & Co., leased the space for expansion of its operations into the eastern Seminole County region to take advantage of all the growth in the area, according to Partyka.
The 100% air-conditioned facility is perfect for recreational use and has ample parking.
For more information, please contact:
Paul P. Partyka, Managing Partner, NAI Realvest, 407-875-9989, email@example.com
Patrick Mahoney, President, NAI Realvest, 407-875-9989, firstname.lastname@example.org
Beth Payan or Larry Vershel, Larry Vershel Communications, Inc., 407-644-4142
LOS ANGELES, CA Aug. 24, 2012 – Charles Dunn Company, one of the largest full-service regional real estate firms in the western United States, has completed two multifamily sales totaling approximately $3 million in Los Angeles.
Ramin Gheitanchi (middle right photo) of Charles Dunn Company represented the single buyer for both transactions with entity names: 10438 JCE Santa Monica LLC and 10501 JCE Missouri LLC.
Gregg Elliott of The Elliott Co. represented the sellers on both transactions.
“This buyer owns numerous other properties in the immediate area and was seeking to expand its ownership as the market for multifamily remains strong and property values continue to increase,” said Gheitanchi.
The first property was sold for $1.73 million and is located at 10438 Santa Monica Blvd. in Los Angeles near the cross street of Beverly Glen. It includes ten units and is fully occupied. The seller was Elliott Properties California LP.
The second property was sold for $1,325,000 and is located at 10501 Missouri Ave. (lower left photo) in Los Angeles near the cross street of Thayer Ave. The property includes six units and is 83 percent occupied. The seller was Mortenson Capital LLC.
Gheitanchi specializes in multifamily properties in the prime Westside market consisting of Westwood, West Los Angeles and Beverly Hills.
With a proven track record and an extensive database of buyers, sellers and property information, Gheitanchi continually sells a large percentage of the closed transactions in the specialized market.
D.G. Communications, Inc.
MIAMI, FL – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has secured the exclusive listing for a 4,900-square foot, newly redeveloped BankUnited branch (top left photo) situated on a 15,000-square foot parcel in Miami Beach, Florida. The listing price is $8,475,000.
Senior Associates Scott Sandelin (middle right photo) and Ronnie Issenberg (lower left photo) in the firm’s Miami office are representing the seller, a limited liability company from Miami Beach.
“This is a particularly attractive listing as BankUnited recently invested more than $2.5 million in improvements including two drive-through lanes and the bank is located adjacent to Lincoln Road and the Miami Beach Convention Center,” says Sandelin.
BankUnited is located at 1695 Alton Road, at the signalized intersection of Alton Road (the main north/south retail corridor) and 17th Street (the main east/west transportation route) on South Beach.
Fort Lauderdale Office
MIRAMAR, FL. – 3Z Telecom, a provider of reliable wireless solutions, has moved to the Miramar Park of Commerce (top left photo).
3Z Telecom, which offers a broad range of services and products such as in-building DAS, RF engineering, RF EME compliance, interference hunting, tower services, drive testing, Antenna WASP (Wireless Antenna Sensor Pod) and 3Z RF Aligner, has leased 4,046 sq. ft. at 3361 Executive Way in the Park.
“Miramar Park of Commerce provides 3Z Telecom a professional and well-maintained premises for us to conduct business in,” said 3Z Telecom Managing Principal Enzo Dalmazzo.
“It is also ideally located in the heart of South Florida, allowing us to service our customers more easily and efficiently.”
Representing the Park in the transaction was Ryan Goggins (lower right photo) of Sunbeam Properties, developer of the Park. Representing 3Z Telecom was Gus Martinez of Keller Williams Realty.
Enzo Dalmazzo, 3Z Telecom, 3361 Executive Way, Miramar, FL 33025, (305) 491-0033
Pierson Grant Public Relations
6301 NW 5th Way, Suite 2600
Fort Lauderdale, FL 33309
P: 954-776-1999, ext. 255
F: (954) 776-0290
Atlanta, GA – Ackerman & Co. has brokered the sale of a 10,125-square-foot CVS in Bainbridge, Ga. (top left photo) for $2,415,000.
The single-tenant, net-leased transaction represents capital following good credit and strong store sales in secondary markets.
The South Georgia CVS, built in 1999, is well located on the retail corridor of Shotwell Street – the main east-west artery and business route of Bainbridge.
The Ackerman & Co. investment sales team of Sean Patrick (middle right photo) and Jason Powell (lower left photo) represented the seller, R&M Realty Co. in the transaction.
The property was purchased by an affiliate of Cole Real Estate Investments. Cole is one of the nation’s most active acquirers of core retail estate assets with more than $11 billion in assets under management. Chad Adams, vice president of acquisitions, represented Cole in the transaction.
The company’s Investment Sales and Retail team provides unsurpassed institutional underwriting and marketing that ensure optimum financial results. Our clients trust us with more than $300 million of active listings.
Fara Wilson, VP of Marketing
770. 913.3904 | email@example.com
MIAMI, FL – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has secured the exclusive listing for Aventura Business Park (top left photo), a small-bay industrial park located in Aventura. The listing price of $13,250,000 equates to $97 per square foot.
Douglas K. Mandel (middle right photo), vice president investments in Marcus & Millichap’s Fort Lauderdale office, is representing the seller, a limited liability company based in Hollywood, Fla.
“Aventura Business Park is considered ‘best of class’ in terms of its property type and location. Its location in a land-constrained market with high barriers of entry and its outstanding leasing velocity make for an attractive investment opportunity with tremendous upside,” says Mandel.
“The park is situated off Interstate 95 and Ives Dairy Road, in a high-density region of South Florida that offers convenient access to all nearby airports and seaports.”
The property is 95 percent occupied and consists of two buildings that total 136,584 rentable square feet. Aventura Business Park is located at 20725-20815 NE 16th Ave. in Aventura.
Public Relations Manager