Saturday, May 18, 2013

J.P. Guzzardo Promoted to Vice President of Development at the Sembler Co.

J.P. Guzzardo
ST. PETERSBURG, FL -- The Sembler Company announces the promotion of John Paul (J.P.) Guzzardo to the position of Vice President of Development. Guzzardo will be leading the Build to Suit department within the Continental United States market focused on ground up development projects, in addition to building key relationships with top tier clients.

Previously, Guzzardo held positions as Real Estate Manager and Director of Real Estate for The Sembler Company. Guzzardo has been with the
company since 2007.

Ron Wheeler
Guzzardo brings over 11 years of commercial real estate experience to this position. He began his career as a Commercial Real Estate Underwriter and Lender at Amsouth Bank and then moved on to become an Acquisitions Director for a regional homebuilder. In 2007,

 Guzzardo joined The Sembler Company as a Real Estate Manager and then advanced into the role of Director of Real Estate.

“The Build to Suit department is one of the cornerstones of our development business and JP’s guidance and vision will be invaluable,” says Sembler CEO Ron Wheeler. “He has proven himself as a leader within the team and out in the field, establishing a solid reputation for our company.”

NAI Realvest’s Mary Frances West Ranks Among Region’s Top 10 Office Leasing Associates in CFCAR 2013 Hallmark Awards

                                                       Mary Frances West

Maitland, FL --- Senior Broker Associate Mary Frances West at NAI Realvest in Maitland garnered accolades as one of the region’s Top 10 Office Leasing Associates during the recent Central Florida Commercial Association of Realtors (CFCAR) Hallmark Awards.

Paul P. Partyka
Paul Partyka, managing partner at NAI Realvest, said West joined NAI Realvest seven years ago and consistently ranks among the area’s top commercial office professionals. She has been a commercial real estate broker for 18 years.

West earned her Hallmark Top Ten award for posting office property lease and sale transactions that totaled more than $15.8 million in 2012.

 “Mary Frances West is one of the most highly experienced office specialists in the Central Florida region and she is at the top of her game now,” Partyka said.

For a complete copy of the company’s news release, please contact:

Beth Payan, Larry Vershel Communications, 407-644-4142       

NAI Realvest Negotiates Office Lease Agreements totaling 6,552 square feet at Centers in Orlando, Maitland and Winter Park

                             Lake Underhill Business Center, Orlando, FL

MAITLAND, FL --- NAI Realvest recently negotiated a four lease agreements for a total of 6,552 square feet of office space at centers in Orlando, Maitland and Winter Park.

Mary Frances West
 At Gateway Plaza, 1201 S. Orlando Ave. in Winter Park Tom R. Kelley II, CCIM, a principal in the firm, Senior Broker Associate Mary Frances West, CCIM and Associate Chris Adams negotiated a lease for suite 200 with 2,798 square feet representing Landlord Gateway Plaza LLC.    Closson Insurance Agency is the new tenant who was represented by Craig Castor of Cresa Orlando. 

Tom R. Kelley II
 At the Lake Underhill Business Center, Kelley brokered a lease on behalf of the landlord, Harrington/Mishler LLC for 2,100 square feet at 11547 Lake Underhill Rd. where Summit Chiropractic LLC is the new tenant.

At 2200 Lucien Way in Maitland Center, West and Kelley negotiated a new lease for suite 320 with 656 square feet representing Landlord Alliance Lucien Way of Warrington, Pa.  The new tenant is BEFREE Enterprises, Inc. d/b/a Frank Reynolds & Company. 

Chris Adams
 Kelley and Adams negotiated a renewal agreement with America Integrity Insurance, LLC, the tenant in suite 142 with 998 square feet at Plaza Central, 6220 S. Orange Blossom Trail in Orlando.

For a complete copy of the company’s news release, please contact:

Beth Payan, Larry Vershel Communications, 407-644-4142       

NAI Realvest Negotiates Five Office Leases totaling 6,361 Square Feet at Plaza North in Altamonte Springs, FL

                                 Plaza North, Douglas Avenue, Altamonte Springs, FL

MAITLAND, FL--- NAI Realvest recently negotiated five lease agreements for office suites totaling 6,361 square feet in Plaza North on Douglas Avenue in Altamonte Springs.  

Tom R. Kelley II
 NAI Realvest principal Tom R. Kelley II, CCIM and Associate Chris Adams brokered all five transactions on behalf of the landlord.    Four tenants that renewed their occupied space in Plaza North include

  • ·        Life Care Home Health Services, LLC, with 1,720 square feet in suite 2200 at 385 Douglas Ave., 
  • ·        Patriot Home Funding, Inc. with 1,754 square feet in suite 2500,
  • ·        American Eagle Irrigation, with 1,643 square feet in suite 6005 at 405 Douglas Ave. and
  • ·        G & P Association Services, LLC, with 849 square feet in suite 1105 at 445 Douglas Ave.

 The new local tenant who leased 395 square feet at 455 Douglas Ave., suite 2255B  at Plaza North is L’Eveil Massage, LLC. 

For a complete copy of the company’s news release, please contact:

Beth Payan, Larry Vershel Communications, 407-644-4142       

Marcus & Millichap Capital Corp. Names R. John Wilcox Vice President

R. John Wilcox II
NEWPORT BEACH, CA –Marcus & Millichap Capital Corporation (MMCC) has named R. John Wilcox II as vice president, according to William E. Hughes, MMCC’s senior vice president and managing director.

Based in the firm’s Manhattan office, Wilcox will assist in managing MMCC’s day-to-day operations with a specific emphasis on growing its East Coast debt and equity platform.

 His mandate is to assist the firm’s loan originators in developing and expanding their business and to recruit additional professionals to grow existing teams and staff new offices. 

William Hughes
 Wilcox will work with MMCC’s professionals to arrange debt and equity transactions for all types of commercial real estate.

“John’s management background and capital markets expertise, combined with his institutional background, will support the significant expansion of MMCC’s business lines,” says Hughes.

For a complete copy of the company’s news release, please contact:

Ben Johnson
 Marketing Director
(925) 953-1736

Hot Trend Continues in Commercial Real Estate

Family Dollar store, 951 Doyle Road, Deltona, FL

 Naples, FL -- An interest rate environment that has propelled the commercial real estate market to levels not seen since 2007 has continued to show no signs of slowing down, according to David Wells, head of Wells Net Lease Group. Evidenced by the sale of a Family Dollar located in Deltona, FL by a Midwestern private equity fund.

David Wells
The property contains 9,600 square feet located at 951 Doyle Road, Deltona, FL 32725. The purchase price was 1,700,000 and the cap rate was 7.75. The property has a new 10 year lease with a rare 10% increase in year 5.
The seller is one of the nation’s largest developers and was represented exclusively by Wells Net Lease Group, Inc.

“Investors have been making low yields in safe treasuries and bonds for too long waiting for the market to turn, says Wells. “At some point you have to move on and adjust to the new conditions.”  

He says Wells Net Lease Group is the largest private net lease brokerage company in the nation.

For a complete copy of the company’s news release, please contact:

David Wells :