Sunday, January 16, 2011

NAI Realvest Negotiates Renewal Lease at Carter CommerCenter in Winter Garden, FL

 MAITLAND, FL - NAI Realvest negotiated a renewal agreement for 1,875 square feet of industrial space at Suite 140 Carter CommerCenter, 890 Carter Rd., off West Colonial Drive (SR 50) in Winter Garden.     

Michael Heidrich (top right photo), a principal in the firm, brokered the transaction representing the Maitland-based landlord, COP-Carter, LLC and the tenant, Sun ATM, LLC of Altamonte Springs.

For more information, contact:

Michael Heidrich, Principal, NAI Realvest 407-875-9989
Patrick Mahoney, President, NAI Realvest 407-875-9989
Beth Payan, Larry Vershel Communications, 407-644-4142

Tolaris Realty Group Reports 40 Percent Increase in Residential Property Sales in 2010

 LAKE FOREST, FL – Tolaris Realty Group, reports it saw a 40 percent increase in residential real estate sales in 2010 over 2009 sales.

 Richard Bavec (top right photo), president of Tolaris Realty Group, said 35 percent of sales in 2010 were homes at Lake Forest, the gated luxury community located off SR 46, west of Sanford and 65 percent of sales were homes in Seminole and Orange County.

 Bavec said the average sales price of the homes Tolaris Realty sold in 2010 was $300,000.

“We are extremely optimistic about 2011,” Bavec said.

 “This will be a growth year.  Starting in June an average of 1,500 active adults every day will celebrate their 65th birthday,” he said.

“We should anticipate a significant impact to Florida’s economy as many of those active adults expect to retire here,” he said.

For more information,  contact:

Richard Bavec, President, Tolaris Realty Group, 407-402-9866
Larry Vershel or Beth Payan, LV Communications, 407-644-4142 (fax: 4410)


Real Estate Expert Roger Soderstrom says Sidelined Homebuyers and Vacation-Home Buyers May Lead Central Florida’s Real Estate Recovery in 2011

ORLANDO, FL--- Sidelined home buyers and vacation home buyers locally and from the Northeast, Europe, U.K. and Asia very well may power a real estate recovery in Central Florida this year, according to Roger Soderstrom (top right photo), founder and owner of Stirling Sotheby’s International Realty.

“The real estate market, especially well-established markets in all price ranges including luxury homes, second homes and vacation homes, has likely hit bottom and there’s no place to go but up anymore,” Soderstrom said.

“Home buyers who have been waiting for the market to turn are much more optimistic this year and are moving quickly to find the bargains in good neighborhoods,” Soderstrom said.

(Honolulu skyline, middle left photo)

Soderstrom said investors from Asia and Europe and second home and vacation home buyers who reside in the Northeast, U.K. and Canada will bolster Central Florida housing sales in 2011.

“Foreign buyers believe Florida properties are at bargain prices and with the exchange rate they truly are,” Soderstrom said. 

“In reality there is a segment of real estate in Central Florida that is undervalued today,” Soderstrom said. 

 “Real Estate remains a neighborhood business, and some neighborhoods that have experienced fewer casualties in the housing market are performing much better than neighborhoods with a large number of foreclosures,” he said.

(Paris skyline, middle right photo)

“If the economy improves just a little, values are apt to change in a relatively short span of time,” Soderstrom added.

Starting in June 7,000 Americans every day on average will celebrate their 65th birthday.

And while many post-war baby boomers might put off their retirement in the Midwest, Northeast and Canada and settle for vacations over relocation, millions more will buy homes in Florida because prices are discounted 50-60 percent from the market peak, Soderstrom said.   The Northeast is experiencing one of its worst winters on record, which will have a positive impact on Central Florida sales. 

(Rome skyline, lower left photo)

“Florida’s role as a mecca for leisurely and affordable retirement is embedded in the national conscience for more than a century,” Soderstrom said.

For more information, contact:  

Roger Soderstrom, Founder/Owner Stirling Sotheby’s International Realty 407-581-7890;
Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142

EXIT Realty of Daytona opens new office at Opus Condominium in Daytona Beach Shores, FL

DAYTONA BEACH, Fla.  --- Exit Realty of Daytona, which ranks as one of the leading real estate firms in Volusia County, recently opened a new branch office at Opus Condominium (top left photo), the luxury condominium, located at 2071 S. Atlantic Ave. in Daytona Beach Shores.

Aswin Suri (lower  right photo), Owner of Exit Realty of Daytona, said veteran Realtor Glen Herring will head the Exit Realty Daytona Beach Shores office at Opus Condominium.

Suri said Exit Realty of Daytona, which is headquartered at 211 E. International Speedway Blvd. in Daytona Beach, will open a satellite office in Miami’s fashionable South Beach area in mid-summer.

For more information, contact

Aswin Suri, MHA, B.A., Owner, Exit Realty of Daytona 386-257 3948 or;
Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142;

NAI Realvest Negotiates Two New Industrial Leases for more than 25,000 SF at Monroe CommerCenter North in Sanford, FL

MAITLAND, FL - NAI Realvest negotiated two new lease agreements for a total of 25,466 square feet of industrial space at Monroe CommerCenter North (top left photo) in Sanford.      

Michael Heidrich (lower right photo), a principal in the firm, negotiated both leases representing the landlord, Maitland-based COP-Monroe North, LLC.

 Tampa-based DEDC, Inc., doing business as Dow Electronics, leased suite 1066 with 10,962 square feet for five years at 4200 Church Street.  Moses Salcido of Southern Commercial Real Estate Advisors represented the tenant.   

Another new tenant, NSORO MasTec, LLC of Atlanta, leased suites 1054 and 1060 with 14,504 square feet for three years at Monroe Commerce Center North, and was represented by Joseph Grace of Cresa Partners.

For more information, contact:  

Michael Heidrich, Principal, NAI Realvest 407-875-9989
Patrick Mahoney, President, NAI Realvest 407-875-9989
Beth Payan, Larry Vershel Communications, 407-644-4142