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CB Richard Ellis Secures Lease Renewal On 216,748 SF At Orlando Warehouse Portfolio
(Orlando, Florida - February 9, 2010) The Orlando office of CB Richard Ellis is pleased to announce that Erik W. Schwetje, CCIM, FVP, represented the landlord, Orlando Warehouse Portfolio, in an early 36-month lease renewal. The tenant McKesson Medical-Surgical, Inc., renewed all 216,478 SF at 401 Gills Dr Bldg in Orlando, FL. The tenant was represented by Ray Romano, VP, from CBRE Orlando. -
MASSEY KNAKAL SELLS CATERING HALL IN ROCKAWAY
A 12,600 square foot catering hall at 129 Beach 116th Street, located in Rockaway, Queens was sold in an all cash transaction valued at $2,750,000. http://bit.ly/bbZKVA -
CB Richard Ellis Represents Turbine Technology Services Corporation In Lease At Challenger Tech Center IV
(Orlando, Florida - February 8, 2010) The Orlando office of CB Richard Ellis is pleased to announce that Nan McCormick, SVP, represented Turbine Technology Services Corp. in its lease at the Challenger Tech Ctr IV office building. Turbine Technology will lease approximately 6,900 SF. The property is located at 12661 Challenger Pkwy, Orlando, FL in the Central Florida Research Park. -
NAI Realvest Negotiates Sale of 7,500 square foot industrial building in Longwood for $385,000
NAI Realvest recently negotiated the sale of a 7,500 square foot industrial building at 853 Waterway Place in Longwood. NAI Realvest principal Michael Heidrich brokered the transaction representing the seller Cambay Corporation of Longwood. Buyers David and Maureen Montes of Longwood purchased the property for $385,000. -
Meritage Homes Acquires 31 Home Sites at Wekiva Springs Estates in Apopka
Meritage Homes has acquired 31 home sites at Wekiva Springs Estates, located off S. Wekiva Springs and Welch Roads in Apopka. Brian Kittle, director of sales, said Meritage Homes is building new four, five, six, seven, and eight-bedroom homes at Wekiva Springs Estates that range in size from 1,994 square feet of living space to 5,111 square feet. -
Mercantile Capital Corporation eyes Growth in 1st Quarter, Projects Loans Valued at over $26 Million
Mercantile Capital Corporation reports it closed on five commercial property loans worth more than $11.6 million in total project costs in January. The firm, which ranks as one of the largest providers of U.S. Small Business Administration (SBA) 504 loans in the nation, predicts it will see a record first quarter this year with loans worth more than $26 million in total project costs. -
NAI Realvest negotiates new lease agreement for 3,000 square feet at Airport Industrial Center in Orlando
Michael Heidrich, negotiated a new lease for 3,000sf at Airport Industrial Center, representing the landlord, Columbus, Ohio-based Airport Investment Properties LLC. The tenant, Old Dock Apparel, Inc. is a clothing and accessories manufacturer who leased Unit 300-A at 7452 Narcoossee Rd. in the south Orlando industrial center. -
Feb. 22: IOREBA To Host Monthly Dinner Program, Networking Event
The Industrial and Office Real Estate Brokers Association of the New York Metropolitan Area (IOREBA) meeting will be held on Monday, Feb. 22 at the Stony Hill Inn, 231 Polifly Road in Hackensack. The evening's presentation is "Protecting the Tenant, Real Estate Broker and the Service Provider in this Distressed Real Estate Market". Details are at www.ioreba.com. -
Taylor Morrison Acquires 18 Home Sites at Southwoods at Lake Forest in North Seminole County, to start construction in March
Taylor Morrison recently acquired 18 home sites at Southwoods at Lake Forest, the gated luxury community located on S.R. 46 west of Sanford in north Seminole County. Kristin Vuckovic, marketing manager for Taylor Morrison in the North Florida region, said Taylor Morrison will start construction of new four and five bedroom luxury homes at Southwoods at Lake Forest in March. -
MASSEY KNAKAL SELLS PRIME LEXINGTON AVENUE INVESTMENT PROPERTY
A mixed-use building at 851 Lexington Avenue, located on the east side of Lexington Avenue between 64th and 65th Streets on Manhattan's Upper East Side, was sold for $4,000,000. http://bit.ly/cYTwRQ -
Two Associates Join National Real Estate Law Firm Pircher, Nichols & Meeks
David Aghaei and Jennifer White have joined national real estate law firm Pircher, Nichols & Meeks as associates. Based within the Los Angeles office, both focus on various aspects of property transactions such as acquisitions, sales and financing. Both Aghaei and White received their J.D. degrees from the University of Southern California (USC) Law School in 2009. -
MASSEY KNAKAL SELLS 40 FEET OF FRONTAGE IN TRIBECA
A two-story office building at 20 Thomas Street, located on the south side of Thomas Street between Broadway and Church Streets in Manhattan's TriBeCa neighborhood, was sold in an all cash transaction valued at $5,250,000. http://bit.ly/brZNPD -
THE TOUR CLUB Introduces the First and Only National Sports Entertainment Club Membership
Via Golf Club Holdings, under license from the PGA TOUR,THE TOUR CLUB provides corporations & individuals with access to more than $1 billion in assets. Membership includes a network of luxury residences, private & resort golf courses, previously inaccessible golf-centric experiences, VIP access to PGA TOUR events, TOUR-level golf instruction & event concierge services. http://pgatourclub.com/< -
Grubb & Ellis|Commercial Florida Promotes Anne Deason to Vice President of Office Services Group in Orlando
Grubb & Ellis|Commercial Florida recently promoted Anne Deason to VP of the Office Services Group in Orlando. Deason joined the firm five years ago. Last year, Deason participated in the completion of commercial property lease and sales transactions totaling 155,000sf, valued at more than $9,000,000 including the 22,000sf United Safety Council facility near downtown Orlando. -
Grubb & Ellis|Commercial Florida Negotiates Renewal Lease for 6,000 Square Feet of Flex Space at Northstar Industrial Park in Sanford
Anne Deason negotiated the lease for 6,000sf of flex space at the Northstar Industrial Park in Sanford. Representing the tenant, Central Florida Store Services, Inc., renewed its lease at 417 Central Park Drive for three years. Winter Park-based Central Canal Co., LLC is the landlord and was represented by John Kruse in the transaction. -
Andrew Bolnick & Associates Appointed Receiver
Palm Beach County Circuit Court Judge Meenu T. Saaser has appointed Andrew Bolnick & Associates receiver for Latitude Delray, an upscale mixed-use property with 114 condominiums and 26,000 s.f. of retail and commercial space in Delray Beach. The appointment was made at the request of BankUnited with the agreement of the developer, Savion Holdings, LLC. Info: (305) 347-4006 www.AndrewBolnick.com -
Grubb & Ellis|Commercial Florida Completes Renewal Leases at the Angebilt Building and Citrus Center in downtown Orlando
Anne Deason negotiated a lease at the Angebilt Building representing the tenant Wagner, Hohns, Inglis Inc. who renewed its lease of suite 850 with 1,298sf for 62 months, at 37 N. Orange Ave. Deason also represented management consultants Diane Meiller & Associates, Inc. in a renewal lease for 1,804sf in suite 1510 at The Citrus Center at 255 S. Orange. -
Cuhaci & Peterson Architects Awarded Contract to Design New Five Guys Burgers Restaurant in Southeast Orlando
Cuhaci & Peterson Architects, based in Orlando's Baldwin Park, was recently awarded a contract to design a new Five Guys Burgers restaurant on Semoran Blvd. at Bent Pine Drive near Orlando International Airport. Lonnie Peterson, chairman of Cuhaci & Peterson Architects LLC, said Bengal Burgers of Cincinnati is developing the 2,400 square foot facility. -
Grubb & Ellis|Commercial Florida Appoints Debbie Mouttaki Broker Associate in Tampa
TAMPA - Grubb & Ellis|Commercial Florida has appointed Debbie Mouttaki a new broker associate in Tampa. Mouttaki will be graduating from University of South Florida this spring and will work with the team of Tom and Sean Kennedy in the Tampa Bay office market.
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