Sunday, October 7, 2018

Hold-Thyssen Negotiates 5-Year Office Lease in the Mills 50 District of Orlando, FL for New HQ of National Construction Firm

Alex Rowlinson

ORLANDO, FL and WINTER PARK, FL --- Hold-Thyssen, Inc., a full service commercial property firm based in Winter Park, recently represented a national construction firm in a five-year lease agreement for 5,199 square feet at 1323 Brookhaven Drive. 

 The new tenant plans to relocate its headquarters from Ohio to the location in the Mills 50 District northeast of downtown Orlando .

The Hold-Thyssen team of Alex Rowlinson and Troy Stevens negotiated the transaction on behalf of CESCO Inc./DDC, a general contracting, design-build and construction management firm with nine locations nationwide.  The landlord of the newly renovated 1010 Virginia Building is a private investor.

DDC will employ a staff of 20 at the location by next year, not including ancillary jobs created for construction projects. 

“We toured various properties with DDC but immediately walking through the 1010 Virginia Building , they saw it as the perfect fit for their growing company and an offer was submitted 24 hours later,” said Rowlinson.

Troy Stevens
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 .

Anthony Fisher, Vice President, Hold-Thyssen Inc., 407-691-0505,

Robert P. Hold, Principal, Hold-Thyssen, Inc., 407-691-0505,

Larry Vershel or Beth Payan, Larry Vershel Communications Inc. 

Ice Cream Shop Concept to Open in Southwest Volusia –- Long Term Lease Closed by Hold-Thyssen at Enterprise Plaza

Darby Hold

ORANGE CITY, FL--- Hold-ThyssenInc., a full-service commercial property firm based in Winter Park, recently negotiated a new five-year lease with Vi Kim Tran and Le Truon Canh, a husband and wife team opening a Funrolls Ice Cream at Enterprise Plaza, 2499 Enterprise Rd. in Orange City.

 Hold-Thyssen Lease Consultant Darby Hold, who negotiated the lease on behalf of the landlord, said Funrolls is the latest craze in both ice cream and entertainment.  The flagship location is in Liberty , Mo. with several other locations in the Midwest .

 The ice cream shop will open in 2-3 months, once tenant improvements are complete in the 1,360 square foot suite at the retail plaza owned by Florida Premier- Enterprise , LLC, based in Fraser, Mich.

 The Funrolls Ice Cream experience involves rolling ice cream on an ice-cold metal surface then adding healthy toppings.  Frozen yogurt and vegan options are available.

 Hold also recently negotiated leases at Enterprise Plaza with Tuan Vinh Truong d/b/a Lena Nails who renewed their lease of 1,224 square feet for another five years and with Southern Specialty Finance Inc., d/b/a Check ‘n Go who renewed their lease of 1,360 square feet for another two year

Anthony Fisher, Vice President, Hold-Thyssen Real Estate Services, 

Robert P. Hold, Principal, Hold-Thyssen, Inc. 

Larry Vershel or Beth Payan, Larry Vershel Communications Inc. 

Passco Cos. Acquires 305-Unit, Class A+ Multifamily Asset in High-Growth Myrtle Beach, SC for $48.2 Million

The Lively at Carolina Forest Apartments, Myrtle Beach, SC

Myrtle Beach, SC — Passco Companies, a privately-held California-based real estate company that specializes in the investment, acquisition, development, and management of commercial properties throughout the U.S., has acquired The Lively at Carolina Forest, a 305-unit, Class A+ multifamily community in Myrtle Beach, South Carolina for $48.2 million.

Colin Gillis
The addition of this institutional-quality asset to Passco’s portfolio is well-aligned with the firm’s proven strategy to acquire best-in-class multifamily communities in markets demonstrating long-term high-growth fundamentals, according to Colin Gillis, Vice President of Acquisitions, Southeast at Passco.

“Myrtle Beach has shifted over the past several years from a location primarily supporting tourists and seasonal residents to one supporting an influx of full-time residents, significantly driving demand for multifamily housing,” explains Gillis, noting that within the past year, the city was ranked #1 for Future Job Growth by FORBES and the Myrtle Beach MSA was ranked #2 for largest percentage population growth by the U.S. Census Bureau.

Marc Robinson
According to Gillis, many Baby Boomers are retiring to the traditionally resort town and have a much higher propensity to rent than previously anticipated.

“We’re finding that many of these new residents are retirees, largely from the Northeast, who are downsizing and seeking warmer climates while remaining closer to their family and friends back home than they would be in Florida,” says Gillis.

 “This significant growth in the senior population is also driving the region’s healthcare industry at numbers projected to be more than twice the national rate over the next decade, creating a need for multifamily housing to support the workforce as well.”

Jordan McCarley
Among Myrtle Beach’s largest employers are the Conway Medical Center and Grand Strand Medical Center. Additionally, the McLeod Seacoast Carolina Forest healthcare campus is currently undergoing a 43-acre, $20 million expansion that will include medical offices, an emergency center, and physical therapy and rehabilitation services, notes Gillis.

“The Lively at Carolina Forest presented the chance to acquire in the early stages of a population and job boom in a city that has not been traditionally overbuilt, and where existing multifamily is seeing elevated occupancy and strong rent growth,” continues Gillis.

Tai Cohen
 “Further, this exceptional asset, which underwent a rapid, concession-free lease-up, brings something entirely new to the market. The community is positioned for long-term success due to its quality and superb amenities.”

The first-of-its-kind asset is located within the rapidly-expanding Carolina Forest master planned community, which provides residents with quiet suburban living and walkable amenities, in addition to offering easy access to nearby employment, retail, entertainment options. 

The submarket also boasts the city’s top-ranked schools, confirms Gillis.

Chris Black
The Lively’s units include a variety of studio, one-, two-, and three-bedroom floorplans with nine- and ten-foot ceilings and feature quartz or granite countertops, Vinyl plank wood or polished concrete flooring, stainless steel appliances, washer/dryer, and walk-in closets. 

The community, which was constructed in 2017, also features in-demand amenities including a stand-alone community “beach house” backing up to a several-acre water feature, community gardens, a fire pit gathering area, gas grilling stations, fitness center with kids’ room, car care station, dog park, dog washing station, package concierge service, a saltwater pool, and is the first multifamily community in the market to feature elevators, notes Gillis.

The Lively at Carolina Forest is located at 107 Village Center Boulevard in Myrtle Beach, South Carolina.

Caleb Marten
The property was acquired from Orange Capital Advisors / CF Evans. Marc Robinson, Jordan McCarley and Tai Cohen, from Cushman & Wakefield represented both the buyer and the seller in this transaction.

Chris Black and Caleb Marten of KeyBank Real Estate Capital’s Commercial Mortgage Group arranged acquisition financing on behalf of Passco Companies.


Elisabeth Manville / Lexi Astfalk
Brower Group
(949) 955-7940

Ware Malcomb Named to Inc. 5000 List of Fastest-Growing Private Companies in America

Komen Group

 IRVINE, CA – Ware Malcomb, an award-winning international design firm, announced it has been recognized on the 2018 Inc. 5000, Inc. Magazine’s annual list of the fastest-growing private companies in America.

This is the first time Ware Malcomb has appeared on the list, capping off a record year of national industry recognition for the firm. The company is one of only seven architecture firms included on the list. 

Lawrence R. Armstrong
Companies on the Inc. 5000 are ranked according to percentage revenue growth from 2014 to 2017, and every company on the Inc. 5000 list has grown by at least 50 percent over the past three years. 

The Inc. 5000 ranking is one of many earned by Ware Malcomb in 2018. Earlier this year, Ware Malcomb was named one of the 2018 Best Firms to Work For among architecture and engineering firms by Zweig Group.

Ware Malcomb was #8 on Zweig Group’s 2018 Hot Firm List, which ranks the fastest growing firms in the industry. The firm is also ranked among the top 20 architecture/engineering firms in Engineering News-Record’s Top 500 Design Firms. 

“I want to congratulate the entire Ware Malcomb team for our firm’s incredible growth and success,” said Lawrence R. Armstrong, Chief Executive Officer of Ware Malcomb. “Their hard work, dedication and talent has been recognized by a number of prestigious national rankings and awards in 2018, and being named to the Inc. 5000 for the first time is yet another distinct honor.” 

“Every team member across Ware Malcomb’s 22 offices can take pride in being a part of one of the fastest-growing private companies in America,” added Kenneth Wink, Executive Vice President of Ware Malcomb. “Our growth as a firm would not be possible without our steadfast clients and business partners.”

Kenneth Wink
Established in 1972, Ware Malcomb is an international design firm providing planning, architecture, interior design, branding and civil engineering services to commercial real estate and corporate clients.

With 22 office locations throughout the United States, Canada, Mexico and Panama, the firm specializes in the design of commercial office, corporate, industrial, science & technology, healthcare, retail, auto, public/educational facilities and renovation projects. 


Kelly Teenor, Director, Marketing, 949.660.9128,

Maureen Bissonnette, Associate Principal, Marketing, 949.660.9128,

Rachel Reenders
VP Public Relations, KCOMM for Ware Malcomb

Ware Malcomb Irvine
10 Edelman
Irvine. CA 92618

M/I Homes Starts White Cedar Community in Seminole County, FL

David Byrnes

SANFORD, FL --- M/I Homes has purchased 19 acres and site development is underway for White Cedar, a gated community where the homebuilder will start constructing 155 townhomes in early 2019.  

  Area President David Byrnes said White Cedar, located slightly north of SR 46 on White Cedar Road , is within minutes of SunRail, Seminole Town Center, major restaurants and international airports via Interstate 4 and the Greeneway Expressway.   

“This community is designed for security, privacy and commuters to both Orlando and Daytona Beach ,” Byrnes said, adding “The area is also 30 minutes from both the East Coast beaches and Wekiva River State Park to the west.

Prices of new White Cedar townhomes with three and four bedrooms are expected to start in the mid-$200,000s.  Floor plans are being finalized, and amenities planned for the community include a pool and cabana.

For more information,  please contact:
David Byrnes, Area President, M/I Homes,

 Larry Vershel or Beth Payan, Larry Vershel Communications Inc.
407 644-4142

Grand Opening for Cadence at Gateway in Mesa, AZ Set for Oct. 20

Craig Krumwiede
PHOENIX, AZ – Cadence at Gateway – just off SR 24 at Ellsworth and Ray Roads in Mesa – is officially opening its doors through a grand opening event Saturday, October 20, from 10 a.m. to 3 p.m.

Harvard Investments; developers of Cadence and an Arizona-based real estate investment and development company; is proud to announce David Weekly Homes, Gehan Homes, Lennar and Pulte Homes will be ready to host model tours to those interested in selecting from 49 different floorplans in eight neighborhoods. 

“We’ve had tremendous interest in Cadence and are pleased to welcome those ready to see first-hand this wide variety of beautiful homes and our private, resort-style amenities,” said Craig Krumwiede, President of Harvard Investments.

“The Square is not like anything you’ve ever seen and includes a fitness center, resort-style pools and water slides, a wonderful park, and a community center – all for an HOA assessment of $125 per month.”


Heather austin
602-738-9252 cell