Lincoln Property Co. Closes on Multi-Year Leases with Fed-X and Americans for Prosperity at Airport Business Center in Orlando, FL

ORLANDO , Fla. – Lincoln Property Co. Southeast, a full service commercial real estate firm based in Orlando , recently completed two multi-year lease agreements at Airport Business Center totaling 5,989 rentable square feet.

The six-building, nearly 200,000 square foot Airport Business Center is located at 5730-5892 S. Semoran Blvd. at the intersection of Hoffner Ave. (CR15) north of Orlando International Airport .

Sean DuPree, Broker at Lincoln Property, who handles leasing at Airport Business Center , negotiated the transactions on behalf of the Landlord RCS-Orlando Airport 371 LLC of Louisville , CO.

Federal Express Corporation based in Memphis , TN leases Unit 5818 with 3,031 square feet; and

Sean Dupree

Americans for Prosperity, a non-profit advocacy and education organization headquartered in Washington D.C. , leases 2,958 square feet    

Contacts:

Sean DuPree, CCIM, Director of Sales/Leasing, Lincoln Property Company 

407-872-3500 sdupree@lpc.com

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

Megatel Capital Investment Promotes Kris Masias to Vice President, Sales Desk and Operations

Kris Masias

DALLAS– Megatel Capital Investment, the capital markets division of Megatel Homes, announced the company has promoted Kris Masias to vice president, sales desk and operations.

“Kris Masias, a seasoned and talented financial services professional, has proven to be a key asset to our company,” said Executive Vice President and Managing Director William “Trey” Hoppe III.

 “Kris’s organizational and management skills coupled with his decade of experience in the industry position him as the ideal person to help drive Megatel’s strategic growth initiatives.”

With 10 years of experience in the financial services industry, Masias previously served as associate vice president of sales, central territory/RIA channel at Megatel.

Stormi Mills

 Prior to his tenure at the company, Masias spent time as the regional vice president of sales for Voya Financial, a Fortune-500 retirement services provider.

Masias earned his bachelor of economics degree from the University of Connecticut and currently holds FINRA Series 6, 7, 22, 63 and a Texas Life and Health License. He is currently preparing for the FINRA Series 24 exam.

In addition to the promotion of Kris Masias, the company also announced the promotion of Stormi Mills to operations and client relationship manager.

Specializing in broker-dealer and client relationships, Mills previously served as operations administrator for the company and has more than a decade of operational and customer service experience in the alternative investments industry.

William 'Trey' Hoppe III

Megatel Capital Investment (MCI) is the Capital Markets division of Megatel Homes and is one of the largest builders of single-family homes in the North Texas Market.

Based on research and findings of the current real estate market and economic trends, MCI believes that there will be continued growth in the foreseeable future for buyer demand of quality homes. 

Their efforts are currently focused on providing the capital needed to develop quality-built, custom home communities in fast-growing population centers primarily in Texas and Oklahoma.

Contact:

Lauren Burgos
Spotlight Marketing Communications
949.427.1399
lauren@spotlightmarcom.com

Marcus & Millichap Brokers $13 Million Sale of Baldwin Park I & II in Orlando, FL

Baldwin Park I and II, Baldwin Park Submarket, Orlando, FL

Chris Travis

ORLANDO, FL, Sept. 12, 2018 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of Baldwin Park I & II, a 64,810-square foot Class A two building office portfolio located in the heart of the Baldwin Park submarket of Orlando, FL, according to Justin W. West, regional manager of the firm’s Orlando office.

The asset sold for $13,010,000.

Ray Turchi

Chris Travis and Ray Turchi in Marcus & Millichap’s Orlando office, had the exclusive listing to market the property on behalf of the seller, a private investor. 

Baldwin Park I & II is located at 4750 & 4776 New Broad St in Orlando, FL.   The buyer was also a private investor.

Contact:

 Justin W. West

Vice President / Regional Manager, Orlando

(407) 557-3800

www.MarcusMillichap.com

EagleBridge Capital Arranges $14 Million Mortgage for One United Drive in West Bridgewater, MA

  

One United Drive, Manufacturing and Distribution Building,
West Bridgewater, MA

Boston, MA -- EagleBridge Capital, working exclusively on behalf of its client, has arranged permanent mortgage financing in the amount of $14,000,000 for One United Drive located in West Bridgewater, Massachusetts. 

Brian Sheehan

The mortgage financing was arranged by EagleBridge principals Brian Sheehan and Ted Sidel who stated that the loan was provided by a leading Massachusetts based financial institution.

One United Drive is the home of Cheer Pack North America (CPNA).  Cheer Pack North America is the leading developer and manufacturer of proprietary spouted pouches and packaging equipment for the food and beverage industry. 

Its products are used in in the packaging of baby food, children’s snacks, dressings, condiments, beverages, refrigerated dairy, pet food, lotions, sunscreens, household cleaners and other food and non-food items.

One United Drive is a 315,000 square foot, manufacturing/distribution building comprised of 30,000 square feet of office space and 285,000 square feet of manufacturing and distribution space on a 29.86 acre site.

Ted Sidel

Clear heights in the manufacturing /distribution portion of the building range from 22’ to 25’.  There are 40 loading docks.  Parking is available for 327 vehicles. 

The building is highly energy efficient with a 2,144 KW rooftop solar installation covering the entire roof. It is one of the largest rooftop solar industrial building installations in New England.

EagleBridge Capital is a Boston-based mortgage banking firm specializing in arranging  debt and equity financing as well as joint ventures for industrial, office, and r & d buildings,  shopping centers, apartments, hotels, condominiums and mixed use properties as well as special purpose buildings.

  

Contact:

Stanley J. Sidel

Senior Advisor

EagleBridge Capital

One Boston Place, Suite 2600

Boston, MA 02108

Tel: 617-292-7177 Ext. 300

www.eaglebridgecapital.com