Wednesday, December 29, 2010

Another Deal Closed by Metro 1 Properties!

MIAMI, FL –  Salsa Fiesta, a casual restaurant that screams refreshing energy through flavorful Mexican-style food, is opening their first location in Broward County.   

 Metro 1 Properties’ Commercial Sales Director, Tony Arellano represented the tenant in the 10 year, 2,600 square foot lease.  The first expansion will be a restaurant in Cobblestone Plaza on Pines Boulevard just west of I-75 in Pembroke Pines. The restaurant is slated to be open March 2011.

Salsa Fiesta owners, Cesar Olivo and his wife, Adriana Pérez Benatar, opened their first location in 2009 at 2929 Biscayne Blvd in Midtown.  The first location has proved to be such a hit with the South Florida market that they plan on expanding their Venezuelan concept to several more locations. 

Salsa Fiesta is a GREEN restaurant for its eco friendly approach and Orange for its vibrant spirit.  Salsa Fiesta strives to provide real food.  Visit for more information.

Karen Maerovitz
Corporate Marketing Director
Metro 1 Properties, Inc.
Sustainable Real Estate Solutions™
120 NE 27th Street #200, Miami, FL 33137
O: 305.571.9991
F: 305.571.9661

2011 Economic Indicators Positive for Industrial Properties, Assisted Living Care Facilities, says NAI Realvest Chairman

 ORLANDO, FL. --- The economy appears to be improving slowly, if steadily in 2011, and some sectors of the commercial real estate industry are showing signs they may break out in the lead, says longtime investment analyst George Livingston (top right photo), chairman of NAI Realvest in Maitland.

 Citing a recent story in the National Real Estate Investor magazine, Livingston said “The volume of deals in the commercial real estate industry is up, and that’s good for the brokers.

“Many of those deals will be for distressed and foreclosed properties so the news is mixed for property owners, lenders and end users,” he added.

Industry growth depends almost wholly on job growth, Livingston explained, and substantial employment increases will require some real economic growth.

“On the whole, the economy appears positive for 2011. It won’t grow as fast as we would like but it appears we may have turned the corner of the recession,” he said.

“Two factors are volatile,” Livingston said. “And that will cause some investors to pay much more attention to their acquisitions.”

 Livingston said recent analyzes in National Real Estate Investor magazine indicate that investors may be altering their strategy slightly.

“Investors are seeking properties that offer higher yields,” Livingston said. “That means locations besides gateway cities where property values are lower but growth prospects are no worse than more urban areas,” he said.

Livingston said he expects industrial property absorption will grow in 2011. “The trend is there, and industrial absorption should be positive in 2011,” he said.

Adult living facilities — independent and assisted living and memory care projects — will see some of the sharpest growth trends in 2011.

“Adult living facilities are already seeing high demand,” Livingston said. “We are right on the cusp of the baby boomers’ retirement, and many of them are seeking secure facilities for their parents,” he said.

 For more information,  contact: 

George Livingston, Chairman NAI Realvest 407-875-9989;;
Patrick Mahoney, President, NAI Realvest 407-875-9989
Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142,

Mercantile Capital Corporation Provides Commercial Real Estate Loan in Lady Lake, FL Worth over $1.3 Million

ALTAMONTE SPRINGS, FL – Mercantile Capital Corp, which ranks as one of the nation’s leading providers of U.S. Small Business Administration (SBA) 504 loans for small business owners who want to acquire or develop their own facilities, closed a commercial loan for Abu Azizullah, MD, PA (lower right photo)  recently for $1,389,447 in total project costs.

Christopher G. Hurn (top right photo), chief executive officer at Mercantile Capital Corp., said Dr. Abu Azizullah is a board certified medical doctor specializing in internal medicine and certified by the American Board of Internal Medicine.  He earned his medical degree in 1987 at Dhaka Medical College in Bangladesh, and in 2006, he began his medical practice in Lady Lake.

“This loan process went much smoother than I expected,” said Dr. Abu Azizullah.  “Mercantile handled all of the paperwork, and I am so thankful for their knowledge and guidance.” 

The SmartChoice Commercial Loan Program helps owners of small to mid-sized businesses, like Abu Azizullah, MD PA, have an opportunity to create wealth and financial freedom.

Their specialization in SmartChoice Commercial Loans, also known as SBA 504 loans, allows borrowers to own their commercial property with the highest cash-on-cash return financing available, without tying up their precious capital, so they can grow even faster.

For more information, visit
Chris Hurn, CEO Mercantile Capital Corporation, 407-786-5040
 Larry Vershel or Beth Payan Larry Vershel Communications 407-644 4142