Tuesday, December 3, 2019

Regal | Christie’s International Real Estate in Central Florida Continues to Break Sales Records

This 4,121-square-foot-lakefront home on Sylvan Woods Drive in West Sanford, FL, sold to a Chicago Bears football player, went for $1.425 million

LAKE MARY, FL  – The new Lake Mary office of Regal | Christie’s International Real Estate, the company’s fifth Central Florida location, has successfully closed more than $38 million in transactions in 2019.

Opened less than a year and staffed with three sales consultants, the office at 1711 International Parkway in Heathrow closed more sales than any other real estate brokerage firm in Lake Mary in October, according to Chris Christensen, broker/owner of the company.

“And, we’ve had five record sales this year,” Christensen said. “There are much larger brokerages in Lake Mary – some with as many as 100 consultants – that haven’t closed as much as we did…over $9,000,000 in October.”

The record-setting began in the spring when they listed and sold an 11,340-square-foot-estate on Bridgewater Drive in Heathrow Woods for $2,310,000, making it the largest resale in Heathrow Woods’ history. 

“Our sales continued in the summer when we handled the sale of a 4,121-square-foot-lakefront home on Sylvan Woods Drive in West Sanford to a Chicago Bears player,” he said, adding that the $1,425,000 price is the highest sale price per square foot in Sylvan Lakes ’ history, at that time.   

 This 15,111-square-foot mansion and its accompanying 3,164-square-foot carriage house on Saddleworth Place  in Heathrow’s Chestnut Hill community was sold for $3.05 million

Next, the company sold a 3,384-square-foot South Sylvan Lake Drive home for $1,319,000 making it the highest price per square foot resale in West Seminole County and the new record price per square foot sale on Sylvan Lake.

In October, Christensen said the company closed the sale of a 15,111-square-foot mansion and its accompanying 3,164-square-foot carriage house on Saddleworth Place  in Heathrow’s Chestnut Hill community for $3,050,000, making it the largest resale in Lake Mary history, and one of the largest in Seminole County.

Regal | Christie’s also saw another record-breaking sale in April with a 10,000-square-foot estate at 866 Via Lugano in Winter Park selling for $7.25 million which was that city’s second most expensive sale in history, according to Christensen. An agent in the Lake Mary office represented the buyers in that sale.

Chris Christensen

“This rapid growth of luxury housing here in Central Florida seems unfaltering, with more and more buyers wanting to make their homes in this area of our state,” he said.

Now operating five central Florida offices in Orlando, Celebration, Winter Park, Lake Mary and Clermont, Regal | Christie’s employs top performing agents who provide buyers and sellers of luxury real estate with an unparalleled level of customer service.

Since 1766 the Christie’s name has been instantly and internationally recognized as synonymous with quality and prestige with a steadfast commitment to excellence of service.

Photos provided by Regal | Christie’s International Real Estate.


Patrick Gould, Regional Sales Manager, Regal | Christie’s International Real Estate, 407-770-8470 or Patrick@RegalRealtyOrlando.com  

Chris Christensen, Broker/Owner, Regal | Christie’s International Real Estate 407-312-8003 or Chris@RegalRealtyOrlando.com

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

NAI Realvest Completes New Expansion Leases to High-Tech and Engineering Firms in East Orlando, FL

  Mary Frances West

ORLANDO, FL --- NAI Realvest, one of the leading providers of real estate services in Florida , recently negotiated office leases at University Court and Lake Underhill Business Center in East Orlando near University of Central Florida with its emerging talent pool. 

Tom R. Kelley II

  Mary Frances WestCCIM, Vice President, represented University Court Landlord Interchange–FL Rouse, LLC of Daytona Beach in negotiating two leases at the facility located at 3361 Rouse Rd.  

 Vonix, LLC, a firm that employs five people providing businesses with cloud-based communication services, leased 1,380 square feet.  Growing Chicago-based civil engineering firm Ardmore Roderick expanded by 1,122 square feet for a total of  2,502 square feet of space boosting University Court’s occupancy to 100 percent.

Michael Danforth

 Tom R. Kelley II, CCIM, principal in the firm represented Landlord Harrington/Mishler LLC in a new lease at the Business Center located at 11549 Lake Underhill Rd.  

 The new tenant who leased 2,100 square feet is Lazen Power Engineering, LLC providing engineering services, substations, training and education to the utility industry.   Michael Danforth of Cresa Orlando represented the tenant in the transaction.


Mary Frances West, CCIM, Vice President, NAI Realvest, 
407-875-9989 mwest@realvest.com;

 Tom R. Kelley II, CCIM, Principal, NAI Realvest, 
407-875-9989 tkelley@realvest.com  

 Patrick Mahoney, President / CEO, NAI Realvest, 
407-875-9989 pmahoney@realvest.com

 Beth Payan, Larry Vershel Communications, 
407-644-4142 beth@larryvershel.com

JLL closes $24.1 million sale of Wonderland Marketplace near Boston, MA

Wonderland Marketplace, a 139,507-square-foot, fully leased shopping center anchored by Marshalls, Big Lots and Planet Fitness on Route 1A in Revere, MA

BOSTON, MA, Dec. 3, 2019 – JLL announced today that is has closed the $24.1 million sale of Wonderland Marketplace, a 139,507-square-foot, fully leased shopping center anchored by Marshalls, Big Lots and Planet Fitness in an infill, transit-oriented location on Route 1A in Revere, Massachusetts.

JLL marketed the property on behalf of the seller, a partnership between Winstanley Enterprises and Surrey Equities. Urban Edge Properties purchased the asset.

Situated on 15.67 acres at 151 VFW Parkway (Route 1A), Wonderland Marketplace is adjacent to the newly remodeled MBTA Blue Line Wonderland Station, which provides direct access to downtown Boston less than five miles away. 

Nat Heald
The retail center is in an infill location proximate to the area’s largest development projects, which includes more than 900 new multi-housing; over 1,100 new hotel rooms; and the pending development at Suffolk Downs, which will house nearly 16 million square feet of office, retail, hotel and multi-housing space once fully built-out on its 161 acres.

 Nearly 181,000 residents earning an average annual household income of $74,644 live within a three-mile radius of the center.

The JLL Retail Capital Markets team representing the seller was led by Executive Vice President Nat Heald and Managing Director Chris Angelone.

“Wonderland Marketplace was an extremely compelling opportunity to acquire a shopping center directly in the path of Boston’s expansion northwards,” Heald said.

Chris Angelone
 “With the recent Amazon announcement, the pending development at Suffolk Downs, the upgraded Wonderland T station and all the residential development along Revere Beach, Wonderland Marketplace is extremely well located to benefit from future growth in the market.”

For more news, videos and research resources on JLL, please visit the firm’s U.S. media center Web page: U.S. newsroom.


Kimberly Steele
 Digital Content/PR Specialist
Phone: +1 713 852 3420

Fogelman Properties Promotes Mike Aiken to SVP of Investments

Mike Aiken
MEMPHIS, TN, Dec. 3, 2019 -- Fogelman Properties, one of the country’s largest, privately-owned and fully integrated multifamily investment and property management companies, is pleased to announce the promotion of Mike Aiken to Senior Vice President of Investments.

Aiken has more than 13 years of real estate experience and is responsible for leading the effort of Fogelman’s multifamily acquisition, through sourcing, evaluation, and closing of Fogelman’s real estate investments.

Mark Fogelman

“Since joining our team in early 2018, Mike has done a tremendous job spearheading the growth of Fogelman’s investment holdings and enhancing our transactional platform,” says Mark Fogelman, President of Fogelman Properties. “We’re thrilled to recognize Mike’s success and look forward to his leadership under his expanded responsibilities.”

Before joining Fogelman in 2018, Aiken served as both the Director of Investments and Investment Manager in leading acquisition sourcing and disposition efforts at Bell Partners. During his time at Bell Partners, Mike completed more than $1B in acquisitions and dispositions within the Atlanta, Austin, Baltimore, Boston, Central Florida, Dallas-Fort Worth, Nashville and Washington, D.C. markets.


Brittanie Price
BCENE Public Relations