289-Unit Apartment Sale Kicks Off Charles Wayne’s Junction at DeBary Station in DeBary, FL

Steve Costa

DeBary, FL--- DeBary Town Center , LLC, an affiliate of Charles Wayne Properties, Inc. of Daytona Beach , recently closed the $4.1 million sale of 15 acres for a luxury apartment community within “The Junction,” a $200 million development across from the DeBary SunRail station.

Buyer Integra 289 Exchange, an affiliate of Lake Mary-based Integra Land Company, will build 289 apartments, located near the southeast corner of Dirksen Drive and U.S. Highway 17-92.  Groundbreaking will take place within the next 30 days.

Steve Costa, Principal with NAI Realvest/Charles Wayne Commercial is leading the sales and marketing at the DeBary Town Center which spans 68 acres and to date is the largest transit-oriented development project on the north leg of the SunRail route.

DeBary, FL SunRail Station

Costa said his team is now in discussions with national grocery chains and other commercial users to complete The Junction’s mix of retail, entertainment, residential and natural amenities.  

Charles Wayne is planning to develop 104,000 square feet of retail space including a planned 46,000 square foot grocery store, as well as restaurants and offices.  Costa is talking to selected builders for the project’s next phase – 150 single family detached homes.

CONTACTS:

  

Steve Costa, Associate, NAI Realvest / Charles Wayne Commercial, 

386-804-7259 scosta@realvest.com

Ted Lightman, Principal, Charles Wayne Properties, Inc., 386-238-3600 or tlightman@charleswayne.com

Patrick Mahoney, President, NAI Realvest, 

407-875-9989 Pmahoney@realvest.com

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

461-3781 beth@LarryVershel.com 

 www.charleswayne.com