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| Ciara Creek Executive Centre, Lake Mary, FL |
LAKE MARY, FL -- DIX Developments, LLC
has sold out all constructed and buildout Class A professional office buildings
at Ciara Creek Executive Centre within two years of acquisition and
transitioning the campus - at 711 Longwood-Lake Mary Road across from the YMCA
– into office condominiums.
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| James Dicks |
James Dicks, CEO of the southeastern
U.S. investment and development company purchased the 22,500 square foot Class
A office development from Stillwater Companies for $1,775,000, with the purpose
of adding another 11,700 square feet in four more buildings.
The last two new shell buildings in the $4.5 million
development are nearing completion and Dicks said he expects they will be under
contract in the next 60-90 days.
The new shell buildings that can be purchased with buyer
completing their own buildout or by a turn key build-to-suit arrangement with
DIX completing buildout, include one with 2,180 square feet priced at $381,500
and a 2,700 square foot building at $472,500.
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| John Kurtz |
John
Kurtz of Stirling International Real Estate is
heading up sales.
Eight stand-alone buildings ranging from 1,350 to 3,150 square
feet of custom finished offices with reception areas, break rooms and copy
centers were designed specifically for the needs of small to medium-sized
companies, particularly physicians, medical related businesses and service
providers, Dicks explained.
“Buyers who are business owners see the significant advantages of
owning their own facilities with today’s historically low rates, and investors
see the potential of leasing to an investment grade tenant in this exceptional
office locale,” he said.
Ciara Creek Executive Centre is one of multiple projects DIX Developments
is currently developing throughout Central Florida . The next one to get
underway is University Econ Executive Center an office development the company
purchased at the prime signalized intersection of University Blvd. and
Econlockhatchee Trail one mile west of SR 417.
CONTACTS:
Scott Prewitt, Executive VP Business Development, DIX
Developments, LLC 407-542-6120 scott@dixdevelopments.com
James Dicks, CEO, DIX Developments,
LLC,
407-542-6120, james@dixdevelopments.com
Beth Payan, Larry Vershel Communications Inc.
407-644-4142 beth@larryvershel.com
