NAI Realvest Negotiates Industrial Property Sales in West Orange County, FL Totaling Nearly $1 Million

  

Patty Nolff

ORLANDO, FL – NAI Realvest recently negotiated two industrial sales totaling $990,000 for free-standing buildings totaling 14,316 usable square feet in West Orange County. 

Michael Heidrich, principal at NAI Realvest, and associate Patty Nolff represented Seller Cutlass Enterprises, Inc. of Indianapolis in the sale of a 7,200 square foot industrial building on an acre at 431 Enterprise St. near SR 429 in Ocoee.   Buyer Duston Properties, II, LLC of Winter Garden paid $525,000 for the property. 

Associate Chris Adams represented Seller Tiger Investment Group, Inc. of Jacksonville in the sale of a 7,116 square foot office-warehouse building at 4436 Old Winter Garden Rd. in the Pine Hills area of Orlando.   CCBF, LP of Orlando purchased the property for $465,000.   

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

Larry Vershel or Beth Payan, Larry Vershel Communications Inc. 407-644-4142 Lvershelco@aol.com

                                        

Centex to Host Grand Opening at Whaley’s Creek in St. Cloud, FL April 23 to showcase new single-family homes priced from the low-$200s

 

Lyndsey Patterson

ST. CLOUD, FL -- Centex will host a grand opening Saturday April 23 at Whaley’s Creek, its newest community with single-family homes on 50' and 60' homesites located off of  Canoe Creek Rd. in St. Cloud.

Lyndsey Patterson, director of marketing for Centex in the North Florida region, said the grand opening event is open to the public from 11 a.m. to 2 p.m. at 3902 Baja Drive, St. Cloud, FL 34772. “We’ll have food, beverages, live music and children’s activities.” 

Visitors are welcome to bring their families to explore two furnished model homes – the Oasis and Citrus Grove.

Six distinct floor plans ranging from 1,972 square feet of living area to over 3,172 square feet with features that include open gathering areas, superior storage and flex spaces that can be adapted to any homeowner’s lifestyle.

Centex plans to build 169 new two to six bedroom homes at Whaley’s Creek which is just minutes from popular shopping, dining and entertainment on U.S. 192 and less than three miles from the Florida Turnpike providing easy access to Orlando. 

Residents at Whaley’s Creek will enjoy amenities that include a community pool and playground with no CDD Fees. The community is also located in the Osceola district with desirable and highly rated schools.

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

Larry Vershel or Beth Payan, Larry Vershel Communications Inc. 407-644-4142 Lvershelco@aol.com

 www.centex.com/whaleysCreek  

Hold-Thyssen Closes on Lease of In-Line Retail Space at Morningside Plaza in Dade City, FL

  

Therese Taylor

Dade City, FL  --- Hold-Thyssen, Inc., a commercial property firm based in Winter Park with offices in Clearwater, recently completed a lease agreement for 2,800 square feet of in-line retail space at Morningside Plaza, 12540 US Highway 301 in Dade City.   

Therese Taylor, transaction specialist in the firm’s Winter Park office, brokered the transaction on behalf of the landlord Morningside Dade City DE, LLC.  

The new tenant -- The Cloud Lab Vapor Store – signed a three-year lease and completed build out of the shopping center space for its entertainment business. 

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

Larry Vershel or Beth Payan, Larry Vershel Communications Inc. 407-644-4142 Lvershelco@aol.com

Scout & Molly’s Brings Thoroughbred Style to the Growing Fashion Collection at The Summit at Fritz Farm in Lexington, KY

  

Terri Jones Stein

LEXINGTON, KY — As Lexington readies itself for the season of thoroughbred racing, Bayer Properties, the developers of The Summit at Fritz Farm, is ensuring that the new mixed-use development will provide an inspiring complementary destination for racing enthusiasts.

The Summit at Fritz Farm, which is near Keeneland and in close proximity to many of the thoroughbred horse farms, is providing a handcrafted collection of locally owned and specialty national retailers at its mixed-use development opening March 2017.

Scout & Molly’s epitomizes the spirit of Lexington and offers a unique selection of women’s clothing and accessories perfect for weekends at Keeneland.

With more than 20 individually-owned boutiques nationwide, each Scout & Molly’s offers women’s designer brand clothing with an innovative twist and personal stylists to assist shoppers. 

Terri Jones Stein and Ami Bertrand, the Lexington co-owners of Scout and Molly’s, added, “The Summit at Fritz Farm is going to take people’s breath away, and once we learned about the uniqueness of the property, we knew there was nowhere else in Lexington we would rather have our Scout & Molly’s.”

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

                                      

Gayle MacIntyre

The Wilbert Group

Tel: 404.643.8222

gamacintyre@thewilbertgroup.com

Berger Commercial Realty Closes $5.7 Million Sale of South Florida Sports Complex Building in Deerfield Beach, FL

 South Florida Sports Complex, 3650 SW 10th Street, Deerfield Beach, FL

 

Joseph Byrnes

FORT LAUDERDALE, FL - Berger Commercial Realty brokers Joe Byrnes and Jonathan Thiel represented Thame Realty Associates, LLC in the $5.7 million sale of the South Florida Sports Complex building to LMD Sports, LLC.

 Located at 3650 S.W. 10th Street in Deerfield Beach, the 63,332-square-foot building was home to an indoor sports center featuring three basketball courts, four volleyball courts, a soccer field, hockey rink, fitness center, retail space, concession bar, spinning and Zumba studios, locker rooms, showers and event facilities.

The property sits on a 3.71-acre lot less than one mile from the Sawgrass Expressway, I-95 and Florida's Turnpike, across the street from Quiet Waters Park. Built in 1998, the building originally opened as a sports mall with a Gold's Gym. It has been vacant since early 2014.

"This was a challenging property to sell, given that during its two-year vacancy, the building had been vandalized and didn't have electricity or air-conditioning," said Byrnes. "The negotiation and closing process also required a great deal of finesse. We are definitely pleased with the outcome and that it sold for more than $5 million."

The buyer, an internationally renowned volleyball instructor, plans to renovate the building into a world class tournament and training facility. A portion of the space will be leased to a group that provides specialized, next-level training to teenagers and children that have special talents and aptitudes for basketball and baseball. Other sports and auxiliary tenants are being sought to lease space in the building as well.

 

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

954-776-1999

Pierson Grant Public Relations

Lexi Robinson, ext. 255, lrobinson@piersongrant.com

Marielle Sologuren, ext. 226, msologuren@piersongrant.com

Berger Commercial Realty Announces New 550 Building in Downtown Fort Lauderdale, FL

Rendering of planned 550 Building, Downtown Fort Lauderdale, FL

Lloyd Berger

FORT LAUDERDALE, FL  – Berger Commercial Realty announced it has been awarded the leasing and management assignment for a new seven-story, Class “A” office tower being developed in downtown Fort Lauderdale by Blackhawk Properties & Investments, LLC.

Located at 550 S. Andrews Ave., the new 70,000-square-foot building, which will have an attached parking garage, is slated to open in fall 2017. With a groundbreaking scheduled for summer 2016, this is the first new office building to be built south of the New River since 1989.

The property formerly housed the 32,500-square-foot Justice Building, which was purchased by Blackhawk in December 2013. The new development will be known as the 550 Building.

"The old building had a great location, but the site was underutilized," said Lloyd Berger, founder and president of Berger Commercial Realty. 

"With its location next to the new 700,000-square-foot Broward County Judicial Complex, thousands of new multi-family units, and a proposed stop for the new Wave street car line, we expect that the new 550 Building will generate tremendous interest and will become one of the premier, sought-after buildings in this area for office and retail tenants alike."

Developers of the 550 Building include Kate Murphy of Collins Capital  Partners, Thomas McDonald of Craven Thompson & Associates, and William Murphy of Douglas Management, who was part of the team that developed the current Broward County School Board building.

Designed by the award-winning architectural firm of Falkanger, Snyder, Martineau and Yates (FSMY), the building's contemporary design will feature floor-to-ceiling impact glass, a dramatic, modern entranceway and  lobby, and an urban-friendly retail and restaurant plaza on the ground floor with both indoor and outdoor café seating areas.

Stephanie Bernota

Commercial real estate veterans Steve Hyatt, Joseph Byrnes and Stephanie Bernota of Berger Commercial Realty are the exclusive leasing agents for office and retail space at the 550 Building.

For more information about leasing at the 550 Building, contact Berger Commercial Realty at 954-358-0900.

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

954-776-1999

Pierson Grant Public Relations

Lexi Robinson, ext. 255, lrobinson@piersongrant.com

Marielle Sologuren, ext. 226, msologuren@piersongrant.com