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EcoSystem Renewal LLC and CSRS Selected for Louisiana Coastal Restoration Bids

BATON ROUGE, LA. – The Coastal Protection and Restoration Authority (CPRA) of the state of Louisiana has selected six companies to bid on environmental restoration projects in the Barataria Basin, and one of the six, CSRS-ECO Coastal, LLC, is a venture formed by CSRS and EcoSystem Renewal LLC , the Member Manager of the company. The Barataria Basin is a critical and endangered stretch of cypress/tupelo swamp, chenier ridges, fresh marsh and a mixture of fresh and saltwater marsh located south and west of New Orleans. The sprawling basin suffers from a lack of fresh water, erosion and a range of ecosystem problems associated with development through the years. EcoSystem Renewal LLC., based i

NAI Realvest Closes Two Boutique Office Building Sales Totaling $770,000 in Downtown Orlando’s North

ORLANDO, Fla. – NAI Realvest closed on two separate sales of adjacent properties totaling $770,000. The buildings are located in the North Quarter district of downtown Orlando and both will be used for law offices. The NAI Realvest team of Jeff Tanner and Kim Manson represented Seller, Orlando-based Jcash-3 Inc., a real estate holding company, in a $450,000 sale of the 1,635 square foot stand-alone office building at 827 Irma Ave. The Buyer, US Immigration Law Group, LLC, d/b/a Rineer Law with over a decade of immigration law experience, was represented in the transaction by Jonathan Hughes and Michael Danforth of Cresa Orlando. Next door, Tanner and Manson represented the Beech Mountain,

NAI Realvest Closes on Investment Sale in Polk County – Buyer Plans to Develop a New Dollar General

Winter Haven, Fla. - NAI Realvest recently negotiated a $450,000 sale price for a 1.58-acre parcel of vacant land at 418 – 18th St. S.E. in Winter Haven, where the buyer is planning to develop a Dollar General store. NAI Realvest Associate Chris Adams negotiated the sale on behalf of Seller John P. Adams & Ann D. Adams Family LP of Winter Haven. The Buyer Palmetto Winter-Haven-Dundee Rd LLC of Thomasville, Ga. was represented in the transaction by Oak Realty Advisors. Seller will be exercising a 1031 tax free exchange. * * * About NAI Realvest NAI Realvest, serving all of Central Florida, is a fully integrated commercial real estate operating company specializing in brokerage, developmen

Resort Amenity Center Now Complete at Hammock Preserve on Palmer Ranch, Grand Opening Event Nov. 3

SARASOTA, Fla. --- The new amenity center at DiVosta’s Hammock Preserve on Palmer Ranch is complete and a Grand Opening Event will be hosted Saturday, Nov. 3 from 1 to 3 p.m. at 12255 Hidden Hammock Court off Honore Avenue in Sarasota. Richard McCormick, president of DiVosta in Southwest Florida, said the public is invited and festivities will include music, light ​refreshments and giveaways, along with tours of the community’s new resort-style amenities. Visitors are also invited to explore the four professionally decorated model homes at Hammock Preserve. The $3.5 million amenity center was designed with input from residents, the same way the homebuilder created the variety of innovative

NAI Realvest Closes on Sale of Residential Land for Deer Run Estates in St. Cloud

Saint Cloud, Fla. – NAI Realvest, an Orlando-based real estate industry leader with a global footprint, has closed on the $1,050,000 sale of 31 acres of residential land at 4140 Hickory Tree Rd. in Saint Cloud. Veronica Malolos Broker at NAI Realvest negotiated the sale on behalf of the sellers, Mony Nhim, Steven Nhim, Dara Chay, and Sokhim La of Buena Park, Calif. Prominent Windermere developer Frank Cawthon, d/b/a FHC2, LLC is the buyer who owns the adjacent land with a master plan that combines both properties for a 55-acre community with 165 lots for single-family homes. Malolos said Deer Run Estates is the buyer’s 10th project in the Narcoossee corridor and with the new development Deer

New Ice Cream Shop Concept to Open in Southwest Volusia – Long Term Lease Closed at Enterprise Plaza

ORANGE CITY, Fla. --- Hold-Thyssen, Inc., a full-service commercial property firm based in Winter Park, recently negotiated a new five-year lease with Vi Kim Tran and Le Truon Canh, a husband and wife team opening a Funrolls Ice Cream at Enterprise Plaza, 2499 Enterprise Rd. in Orange City. Hold-Thyssen Lease Consultant Darby Hold, who negotiated the lease on behalf of the landlord, said Funrolls is the latest craze in both ice cream and entertainment. The flagship location is in Liberty, Mo. with several other locations in the Midwest. The ice cream shop will open in 2-3 months, once tenant improvements are complete in the 1,360 square foot suite at the retail plaza owned by Florida Premie

DIX Developments Closes $5 Million Sale of 53-Acre Halifax Town Center I-95 Interchange Property i

Ormond Beach, Fla. --- Stirling International Real Estate recently arranged the $5 Million sale of Halifax Town Center in Ormond Beach, Fla. Dixie 95 OBD, LLC a company related to O2G Capital of Ontario, Canada, purchased the 53-acre mixed use development from Lake Mary Based DIX Developments, LLC who was represented in the sale by Stirling’s John Kurtz. The mixed-use development located along a high-impact growth corridor between Daytona Beach and Halifax Plantation, was aggressively marketed by Kurtz and the Stirling team on behalf of James Dicks, CEO of the selling entity. The sale took only 120 days from contract to closing, according to Kurtz. “We felt that the property’s location at

289-Unit Apartment Sale Kicks Off Charles Wayne’s Junction at DeBary Station

DeBary, Fla. --- DeBary Town Center, LLC, an affiliate of Charles Wayne Properties, Inc. of Daytona Beach, recently closed the $4.1 million sale of 15 acres for a luxury apartment community within “The Junction,” a $200 million development across from the DeBary SunRail station. Buyer Integra 289 Exchange, an affiliate of Lake Mary-based Integra Land Company, will build 289 apartments, located near the southeast corner of Dirksen Drive and U.S. Highway 17-92. Groundbreaking will take place within the next 30 days. Steve Costa, Principal with NAI Realvest/Charles Wayne Commercial is leading the sales and marketing at the DeBary Town Center which spans 68 acres and to date is the largest tran

Hold-Thyssen Negotiates 5-Year Office Lease in the Mills 50 District for New HQ of National Construc

ORLANDO / WINTER PARK --- Hold-Thyssen, Inc., a full service commercial property firm based in Winter Park, recently represented a national construction firm in a five-year lease agreement for 5,199 square feet at 1323 Brookhaven Drive. The new tenant plans to relocate its headquarters from Ohio to the location in the Mills 50 District northeast of downtown Orlando. The Hold-Thyssen team of Alex Rowlinson and Troy Stevens negotiated the transaction on behalf of CESCO Inc./DDC, a general contracting, design-build and construction management firm with nine locations nationwide. The landlord of the newly renovated 1010 Virginia Building is a private investor. DDC will employ a staff of 20 at

Rhodes+Brito Architects Are Underway with Design of New Horizon West Elementary School

ORLANDO, Fla., --- Rhodes+Brito Architects recently presented Orange County government with preliminary designs for a new elementary school in the burgeoning Horizon West community in West Orlando. Ruffin Rhodes, co-founder and partner at Rhodes+Brito, said his firm was awarded the contract to design the new school that will be located on 14.8 acres of land on the South side of Porter Road, north of Wood Sage Drive and west of Bluejack Oak Drive. Rhodes said the school, a two-story structure totaling 85,838 square feet, will be constructed by Miami-based OHL Construction. The campus will include parking for over 120 vehicles, a bike rack, tot and youth lots, ball field and enough space for 1

Hold-Thyssen Negotiates Long Term Expansion Lease with Growing Company at Phillips Place

ORLANDO, Fla. --- Hold-Thyssen, a full service commercial property firm based in Winter Park, recently closed on a long-term expansion lease of an additional 1,844 square feet for a growing company at Phillips Place, 7575 Dr. Phillips Blvd. in Southwest Orlando. Darby Hold, transaction specialist for Hold-Thyssen, Inc., brokered the transaction representing the landlord, Financial Way Realty, Inc. of Cincinnati. Tenant Woof Gang Bakery, Inc., a multi-national company established in 2007, was already leasing 2,147 square feet at Phillips Place and increased their occupancy by 86 percent to a total of 3,991 square feet. The tenant’s growth is due to outstanding quality of products and servic

NAI Realvest Broker Closes $695,000 Sale of Walmart Outparcel for New Heartland Dental in St. Cloud

St. Cloud, Fla. -- NAI Realvest, recently completed the sale of a 1.34-acre outparcel of the Walmart Neighborhood Market on Nolte Road in St. Cloud for $695,000.00. Veronica Malolos, Osceola County Broker for NAI Realvest, negotiated the transaction on behalf of the seller, Stevens Crossing Village LLC, of Jacksonville. The Illinois-based buyer, WMG Development LLC purchased the land to develop a Heartland Dental Clinic. Construction documents have been filed with a targeted opening of mid-2019. Heartland has dental clinics nationwide and will open at the St. Cloud location with a staff of 14 fulltime employees. John Park and Jared Ettinger of Berkshire Realty represented the buyer. * * *

M/I Homes Starts White Cedar Community in Seminole County - Site Development Underway for 155 Townh

SANFORD, Fla. --- M/I Homes has purchased 19 acres and site development is underway for White Cedar, a gated community where the homebuilder will start constructing 155 townhomes in early 2019. Area President David Byrnes said White Cedar, located slightly north of SR 46 on White Cedar Road, is within minutes of SunRail, Seminole Town Center, major restaurants and international airports via Interstate 4 and the Greeneway Expressway. “This community is designed for security, privacy and commuters to both Orlando and Daytona Beach,” Byrnes said, adding “The area is also 30 minutes from both the East Coast beaches and Wekiva River State Park to the west. Prices of new White Cedar townhomes with

Blackton Earns Contract to provide Roofing and Flooring for New Homes at Coming Soon Community in St

ORLANDO / ST. CLOUD, Fla. --- Blackton, Inc., one of the region’s oldest and largest suppliers of wholesale materials and supplies to the home building industry, was awarded a contract worth an estimated $980,000 to provide roofing and flooring for 73 new single-family homes KB Home plans to build at Rivercrest at Narcoossee. Michael Blackton, who heads the family-owned company founded by his father over 64 years ago on Alden Road north of downtown Orlando, said Rivercrest at Narcoossee is located at 5040 Lillian Lee Rd., St. Cloud in East Osceola County. KB Home will build new homes ranging from 1,700 to 3,000 square feet at Rivercrest at Narcoossee, according to Blackton. Development will

Pulte Homes Acquires 70 Acres in South Fort Myers to Develop New 181-Homesite Community

Fort Myers, Fla. — Pulte Homes, one of the nation’s largest homebuilders, has acquired a 70-Acre tract in the South Fort Myers area, best characterized by its highly sought-after centralized location, and will begin development of Eagle Reserve with 181 homesites for new single-family homes priced from the mid-$200s. “This community will have wide-ranging appeal and will be particularly attractive to commuters and families,” said Richard McCormick, President of PulteGroup’s Southwest Florida Division. “Eagle Reserve offers an exceptional location off Camino Real Way which directly connects to Colonial Boulevard,” he said. “I-75 is only 2 miles east, and US 41 to the west just 2.5 miles, prov

Charles Wayne Properties Acquires 5-Building Industrial / Flex Property for $9.55 Million in Seminol

Daytona Beach / Sanford, Fla. -- Charles Wayne Properties, Inc. recently completed the $9.55 Million purchase of Monroe CommerCenter South, a five-building industrial / flex campus on 8.49 acres located minutes from Interstate 4 in north Seminole County. The five, single-story, industrial warehouse, showroom and flex buildings with a total of 116,500 rentable square feet, expands Charles Wayne Properties’ portfolio holdings in the Orlando market to more than 300,000 square feet. Ted Lightman, Principal, said Monroe CommerCenter South is a natural addition to his firm’s other Orlando-area investments, which include Lake Mary’s Primera Court I & II Class A office buildings; Sanlando Commerce C

NAI Realvest Closes on New Multi-Year Leases at Two West Orlando Retail Plazas – Family Fitness Open

ORLANDO / PINE HILLS, Fla. – NAI Realvest recently completed multi-year lease agreements at two retail plazas in West Orlando’s Pine Hills area where new tenants – a family medical practice is scheduled to open later this year and a personal fitness training facility will be opening in October. At Westside Plaza, 6210 W. Colonial Drive, Jacqueline Pace, associate at NAI Realvest represented Landlord Hudson Equities Management Corp. of Jersey City, N.J. in the lease of 3,200 square feet in suite 100. The new tenant, Orlando Family Medical Inc. is opening its 4th greater Orlando location at the 72,055 square foot highly visible retail center anchored by long-time national tenant Pep Boys Aut

 

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