NAI Realvest Closes Clermont Office Building Sale to Local Property Management Firm for $1.45 Million

Chris Adams

CLERMONT, FL  and ORLANDO, FL – NAI Realvest recently closed on the $1,450,000 sale of the 15,432 square foot office building on a 1.49-acre site at 1230 Oakley Seaver Drive in Clermont. 

Clermont-based SIG Properties Inc. purchased the property from Tiger Investment Group Inc. of Jacksonville , according to NAI Realvest Vice President Chris Adams.

SIG – a growing property-management business represented by Robert Thompson of South Lake Realty Inc. – will occupy half of the 15,432 square foot building.

Clermont, FL Office Building, 1230 Oakley Seaver Drive

CONTACTS:

Chris Adams, Vice President, NAI Realvest,

407-875-9989 cadams@realvest.com

Patrick Mahoney, President / CEO NAI Realvest,

407-875-9989 pmahoney@realvest.com

Beth Payan, Larry Vershel Communications,

407-644-4142 or 407-461-3781 beth@larryvershel.com

www.NAIRealvest.com.

Hold Thyssen Brokers Long Term Lease for 2nd Gen Retail Pharmacy in St. Cloud, FL

Vikash Mahadeo

ST. CLOUD FL --- Hold Thyssen, Inc., a full service commercial property firm based in Winter Park, recently completed a five-year lease agreement to assist in the opening of a 2^nd Gen retail pharmacy at 520 13^th Street off of U.S. 192 in St. Cloud . 

 Hold Thyssen leasing associate Vikash Mahadeo negotiated with the owners of a Mount Dora-based, independently-owned retail pharmacy to expand their business into the new market by opening a second chain location. 

Keshav Rx, LLC leased the 1,145 square foot space in a two-unit building where the other occupant is a family practice medical office.

Gen retail pharmacy at 520 13^th Street off of U.S. 192 in St. Cloud, FL

Keshav Rx anticipates an opening date in the first quarter of 2020.  The landlord is TC Holdings, LLC; a local owner specializing in acquisition of medical office buildings. 

 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 .

CONTACTS:

Anthony Fisher, Vice President, Hold Thyssen Inc.,

 407-691-0505, afisher@holdthyssen.com

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

407-691-0505, bhold@holdthyssen.com

 Larry Vershel or Beth Payan, Larry Vershel Communications Inc.

407-644-4142 Lvershelco@aol.com.

EverWest Provides $24.3 Million Construction Financing for NexMetro Residential Projects in Arizona and Colorado

Zi Sen Chong

DENVER, CO – EverWest Real Estate Investors has closed on two mezzanine construction loans totaling $24.3 million for NexMetro Communities, a leading national developer of innovative for-rent communities that serve as a hybrid between conventional garden-style apartments and amenitized single-family homes.

 The EverWest loans will support NexMetro’s development of two highly differentiated Avilla Homes rental communities in two high growth markets – Peoria, Arizona and Thornton, Colorado.

“NexMetro has a proven track record of delivering a niche, in-demand residential product that bridges the gap between single-family residences and apartments,” said EverWest Director for Structured Finance Zi Sen Chong.

Tom McCahil

“They are a well-capitalized entity that has developed, sold or is currently developing more than 5,800 units in high growth markets and is backed by an extremely experienced ownership team. We are excited to support the development of their newest communities.”

Located in Peoria, Arizona, within metro Phoenix’s West Valley submarket, Avilla Lago is a gated community totaling 120 modern and stylish units. The project offers one-, two- and three-bedroom single-family rental home plans ranging from 635 to 1,236 square feet.

Avilla Eastlake is located in Thornton, Colorado. It totals 244 equally styled single-family rental units, with one-, two- and three-bedroom home plans ranging from 638 to 1,289 square feet.

Joe Chickey

All units are detached or semi-detached and include a private entry, private fenced yard and are fully pet friendly. Proven floorplans feature 10-foot ceilings, modern top-of-the-line finishes, stainless steel appliances and full-size washer and dryers.

NexMetro Peoria, AZ Development

Both properties feature professional property management, open grassy areas, walking trails, an on-site dog park and a resort-style pool with hot tub, lounge seating, dining areas and built-in barbeques.

Avila Lago sits west of the northwest corner of Lake Pleasant Parkway and Beardsley Road. It is minutes from the Loop 101 freeway with quick access to downtown Phoenix, major employment corridors and large-scale retail, sports, dining and entertainment.

NexMetro Development, Thornton, CO

Avilla Eastlake is located at Washington Street and Washington Center Parkway. It is 13 miles north of downtown Denver and sits on the east side of Interstate 25, close to Denver International Airport, an RTD regional rail station, major employment centers and local shopping, dining and entertainment destinations.

NexMetro anticipates delivery of Avilla Lago by October 2020 and Avilla Eastlake by December 2020.

EverWest launched its structured finance platform in 2013 under the direction of industry veterans Tom McCahill and Joe Chickey, with a focus on originating and managing mezzanine debt, preferred equity financing and B-notes for commercial properties and developments throughout the U.S. EverWest continues to actively seek new investment opportunities in major U.S. markets.

CONTACT:

Stacey Hershauer

focusAZ 

P 480.600.0195

www.focusaz.com

www.nexmetro.com.

www.everwest.com.

www.gwlra.com.