Sunday, May 19, 2019

Theresa Margaris
TAMPA, FL--- Hold-Thyssen, Inc., a full service real estate firm, recently completed two new long-term office leases for two insurance agents locating at business centers on W. Hillsborough Blvd. in Tampa .

Theresa Margaris, transaction specialist at Hold-Thyssen represented the Landlord Biji, Inc. The Tenant, Daniels Solutions, LLC, is an established agent who leased a 1,500 square foot suite in the Covington Professional Park at 13650 W. Hillsborough Ave. , relocating from a corporate office in order to expand and facilitate future growth.     

Margaris also represented Tenant, Belyann Valdes Hawkins, in a lease transaction at the Internet Junction retail center, securing 1,100 square feet at the facility located at 12807 W. Hillsborough Ave.

Belyann Valdes Hawkins
 Valdes Hawkins, who is bilingual, is an agency intern relocating from South Central Florida.  She will be opening a new branch of a nationally recognized insurance carrier.    

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.


Richard J. Fisher, Vice President/Investor Services, Hold-Thyssen, Inc. 
813-880-7100 ext303

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

Beth Payan, Larry Vershel Communications Inc.

HFF closes sale of Victory Park retail and office buildings in Dallas, TX

Victory Park, Dallas, TX

Lance Fair
DALLAS, TX – HFF announces that it has closed the sale of a collection of retail and office properties totaling 421,617 square feet in the live-work-play Victory Park neighborhood of Dallas, Texas.

HFF marketed the property on behalf of the seller, Estein USA.  Charlotte-based Asana Partners purchased the asset in an off-market transaction.

Victory Park is located at the intersection of downtown and uptown Dallas and has direct connectivity to several of Dallas’ most heavily trafficked transportation thoroughfares, including Interstate 35 (Stemmons Freeway) and the Woodall Rogers Freeway.

 Featuring a unique collection of restaurants and retail, public art and a one-acre park, the Victory Park area also includes the W Dallas Hotel, the American Airlines Center (home to the Dallas Mavericks and Dallas Stars), the House of Blues and the Perot Museum of Nature and Science.

Ryan Shore
The property is supported by one of the densest multifamily collections in the metro area, with 3,500 apartments within two blocks of the property and an additional 1.5 million square feet of office, which will continue to strengthen with future development.

 To meet the needs of a residential and office population, the asset tenancy includes a successful line-up of dynamic retail, fitness, service, restaurant and entertainment tenants, including CinĂ©polis Luxury Cinemas, HERO by HG Supply, Imoto, Billy Can Can, Mesero, V.O.D., Jinya Ramen Bar and Orangetheory Fitness.

  The asset serves a growing, affluent Dallas population; within a one-mile radius of the property, the population has grown 44.7% since 2010, and the average annual household income within a one-mile radius exceeds $157,000, a 51% increase over 2010 and more than 77% greater than the national average.

Barry Brown

“We are proud that we delivered to the City of Dallas more than anybody expected in our redevelopment initiatives completed in Victory Park,"  said Lance Fair, Vice President of Victory Park and COO of Estein USA. 

"We are confident that Asana Partners will perform as well as an experienced owner of urban retail assets,” “Victory Park is the most urban, walkable retail and entertainment district in the DFW area.”

 The HFF investment advisory team representing the seller included senior managing directors Ryan Shore, Barry Brown and Chris Gerard.
 Holliday GP Corp. ("HFF"), a Texas licensed real estate broker.

Chris Gerard


TX Lic. #0469819
HFF Senior Managing Director
(214) 265-0880

HFF Director, Public Relations
(617) 848-1572

Marcus & Millichap Arranges $1.4 Million Sale of Nine-Unit Dupree Gardens in Land O Lakes, FL

Dupree Gardens, 22156 Dupree Drive, Land O Lakes, FL
Miles Tombrink

LAND O LAKES, FL – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of Dupree Gardens, a 9-unit residential community located in Land O Lakes, Fla., according to Grant Fitzgerald, sales manager of the firm’s Tampa office. The asset sold for $1,400,000.

Miles Tombrink, Casey Babb, CCIM, Luis Baez, CCIM and Shawn Rupp, investment specialists in Marcus & Millichap’s Tampa office, had the exclusive listing to market the property on behalf of the seller, a private investor.  The buyer, a limited liability company, was also secured and represented by the same brokers.

Casey Babb
“Through our national marketing platform, we were able to secure an all-cash buyer out of New York who was able to close within 34 days of going to contract. 

The buyer fell in love with the uniqueness of the community and opportunity to steadily increase the cash-flow through rental increases,” said Tombrink.
Dupree Gardens is located at 22156 Dupree Drive in Land O Lakes, Fla.  The property is a majority 2000's, single-family residential community in Land O Lakes, Fla. 

Luis Baez
Located minutes away from major demand drivers and points of interest. Dupree Gardens consists of 9 individual Key West style bungalows and offers investors the opportunity to own a turn-key investment portfolio in a growing submarket with significant upside in rental rates or individual sales of each home. 
Each home is constructed of concrete block construction with a metal roof. Homes consist of three-bedroom/two-bathroom units averaging 1,288 square feet. 

Tenants are afforded some of the best amenities for like-kind rentals as the property includes a swimming pool, hot tub, nature walk, and lake accessibility.
Every bungalow comes with washer/dryer in-unit and stainless-steel appliances, while most units have garage parking and private patios. 

Shawn Rupp
Dupree Gardens is conveniently located on Dupree Drive and Eden Lane, a secluded lakefront community. 

The property offers residents a peaceful neighborhood while giving them easy access to US-41, a major North-South thoroughfare connecting Land O Lakes to Tampa.

 Major points of interest in proximity to Dupree Gardens include Busch Gardens (14.12 miles), University of South Florida (14.19 miles), Tampa International Airport (18.31 miles) and the Westshore Mall (20.81 miles).


Whitney Davis
Marketing Coordinator
Marcus & Millichap
201 North Franklin St.
Suite 1100
Tampa, FL 33602
(813) 387-4700 main
(813) 387-4743 direct
(813) 387-4710 fax

NAI Realvest | Charles Wayne Commercial Negotiates Ground Lease for Riptides Raw Bar Expanding into New Smyrna Beach, FL – Will bring in 100 Jobs

Brad Gifford

New Smyrna Beach, FL--- NAI Realvest | Charles Wayne Commercial recently negotiated a long-term ground lease for a new Riptides Raw Bar & Grill at 471 E. 3rd Ave. in New Smyrna Beach.  

The new restaurant will bring 100 jobs to the area.    Associate Brad Gifford brokered the transaction on behalf of Waterview NSB LLC the Maitland-based landlord and the tenant, Seacoast Restaurant Group d/b/a Riptides Raw Bar & Grill based in Ormond Beach.

According to Gifford, construction of the 8,500 square foot restaurant should get underway in June on the 1.91 acre tract.  

 It’s the company’s second location with an anticipated opening of March 2020.  
“Riptides – a coastal seafood concept that markets all-you-can-eat crab legs, expects to open several more locations up and down the east coast of Florida ,” Gifford added.

Brad Gifford, NAI Realvest | Charles Wayne Commercial 
Patrick Mahoney, NAI Realvest | Charles Wayne Commercial 

Beth Payan, Larry Vershel Communications Inc. 407-644-4142 
or 407-461-3781

13-Unit San Luis Apartments in Miami's East Little Havana Neighborhood Sold for $1.15 Million

 San Luis Apartments, a 13-unit apartment property
at 430 SW 6th Avenue in Miami's East Little Havana Neighborhood

David M. Cohen
MIAMI, FL – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of San Luis Apartments, a 13-unit apartment property located at 430 SW 6th Ave in Miami, FL, according to Scott Lunine, Regional Manager of the firm’s Miami office. The asset sold for $1,150,000.

Javier A. Ubeda and David Cohen, investment specialists in Marcus & Millichap’s Miami office, had the exclusive listing to market the property on behalf of the seller, a private investor. 

The buyer, a limited liability company, also was secured and represented by the two brokers.

“Through a very active marketing effort with local and international market exposure, we managed to generate multiple offers," said Ubeda.

Javier A. Ubeda
"With the competitive bidding environment created, combined with the property’s extremely desirable location in East Little Havana, we were able to secure near record price per square foot pricing for the sellers and closed in less than 11 weeks.

"This sale speaks to the high demand for multifamily property in the Little Havana area of Miami,” said Ubeda.

Scott A. Lunine


Scott Lunine
Vice President
Regional Manager
 Miami, FL
(786) 522-7000

Daniella Aragon
Marketing Coordinator
Marcus & Millichap
5201 Blue Lagoon Drive
Suite 100
Miami, FL 33126
(786) 522-7000 main
(786) 522-7122 direct
(786) 522-7010 fax