Grubb & Ellis Facilitates 60,000-SF Office Lease Renewal in Clearwater, FL

 TAMPA, FL– Grubb & Ellis Company (NYSE: GBE), a leading real estate services and investment firm,  announced that it represented Meridian Development Group in CCS Medical Inc.’s 60,000-square-foot office lease renewal at Meridian Concourse Center (top left photo), located at 4800 140th Ave. N in Clearwater.

 James Moler (middle right photo), CCIM, and Paula Buffa (lower left photo), RPA, CCIM, both senior vice presidents with Grubb & Ellis’ Office Group, exclusively represented the landlord in the transaction.  Brent Miller with Jones Lang LaSalle represented the tenant.

 “CCS Medical evaluated numerous options in the market for the consolidation of their operations,” said Moler.  “Our building was looked at very favorably due to the overall quality of the asset, the responsiveness of property management and the long-standing relationship between the owner and the tenant.”

 “We put a lot of resources into the development and management of our properties,” said Steven Kossoff, managing director, Meridian Development Group, “but our tenant relationships are just as important.  Flexibility and attention have been cornerstones for us since we began and have helped us make it through this tough market.”

 Meridian Development Group owns and manages 1.5 million square feet of Class A and B office, flex and industrial assets located across west-central Florida. 

Meridian Concourse Center is comprised of four buildings totaling 214,000 square feet.  4800 140th Avenue totals 60,000 square feet; all of which CCS Medical currently occupies.  The property’s central Tampa Bay location provides convenient access to both Pinellas and Hillsborough Counties and is adjacent to the St. Petersburg/Clearwater Airport.

  

For more information, contact

 Moler at 813.830.7963 or james.moler@grubb-ellis.com

 or Buffa at 813.830.7887 or

 paula.buffa@grubb-ellis.com  or

Rachel Andreozzi, Phone: 561.893.6296, rachel.andreozzi@grubb-ellis.com

NAI Realvest Extends Hudson Restaurant Property Online Auction to June 8

ORLANDO, FL --- Paul P. Partyka (top right photo), managing partner at NAI Realvest in Maitland, is going online to sell a 9,367 square foot restaurant building on a 2.8 acre site in Hudson to the highest bidder on June 8.

Partyka said the facility, located on S.R. 52 in Hudson between U.S. 19 and County Road 1, is well located on a busy thoroughfare, posts daily traffic counts that range between 30,000 and 63,000, surrounded by residential neighborhoods.

“It’s an excellent opportunity for development as a restaurant or for redevelopment with another use,” Partyka said.

Buyers of mid-range commercial facilities don’t often tour Hudson looking for opportunities.

“The online auction format offers us an excellent opportunity,” Partyka said. “We can present to a worldwide audience of potential bidders who are more interested in the facts---demographics, location, facility size, parking---than the general area,” he explained.

NAI Realvest designed a special web site for the auction at NAIauction.com/Hudson, and bids will be accepted online from 11 a.m. to 3 p.m. on Wednesday, June 8.

For more information,  contact:

Paul P. Partyka Principal, Managing Partner, NAI Realvest, 407-875-9989 ppartyka@realvest.com;

Patrick Mahoney, President NAI Realvest, 407-875-9989 pmahoney@realvest.com

 Beth Payan or Larry Vershel, Larry Vershel Communications 407-644-4142 lvershelco@aol.com

NAI Realvest Negotiates New Long-Term Office Lease at Primera in Lake Mary, FL

ORLANDO, FL --- NAI Realvest recently negotiated a five-year lease agreement for 1,380 square feet of office space at Suite 125, Primera Court I, 725 Primera Blvd. in Lake Mary. 

NAI Realvest Senior Broker Associate Mary Frances West, CCIM brokered the transaction.   The landlord at Primera Court I is Interchange-Primera II, LLC based in Daytona Beach. 

 The new tenant RezZiliant, which provides IT services, offsite backup, Virtual and Server colocation, recovery and security services, and also has a division that develops Healthcare software, has relocated from Waterbury, Conn. Their website is www.rezziliant.com  and contact info is 1-866-581-4678

For more information, contact:

Mary Frances West CCIM, NAI Realvest, 407-875-9989 mwest@realvest.com

Patrick Mahoney, President NAI Realvest, 407-875-9989 pmahoney@realvest.com;

Beth Payan or Larry Vershel, Larry Vershel Communications, 407-644-4142 or 407-461-3780 Lvershelco@aol.com

NAI Realvest Negotiates 10 Year Lease in South Daytona, FL

MAITLAND, FL.  - NAI Realvest recently negotiated a ten-year lease of the 11,414 square foot former Whistle Junction facility at 1854 South Ridgewood Ave. in South Daytona.

Paul P. Partyka, principal and managing partner at NAI Realvest, along with principals Matt Cichocki (lower right photo) and Kevin O’Connor (lower left photo), negotiated the transaction representing the landlord, SBI Leasing of Titusville. 

The new tenant is Fort Myers-based Ocean Buffet, Inc., who was represented by Josephine Wang of Carlino Commercial Group.  It will be the third location for Ocean Buffet when it is anticipated to open in July.  The firm also operates Ocean Buffet restaurants in Fort Myers and St. Augustine, Cichocki said.

This is also the eighth transaction involving a buffet style restaurant that the NAI Realvest team has completed in the last 18 months.

For more information, contact:  

Paul P. Partyka, Managing Partner/Principal, NAI Realvest, 407-875-9989; ppartyka@realvest.com

Matt Cichocki or Kevin O’Connor, Principals, NAI Realvest, 407-875-9989; mcichocki@realvest.com; koconnor@realvest.com

Patrick Mahoney, President, NAI Realvest, 407-875-9989 pmahoney@realvest.com

Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142                  

Equity Investment Services Sells Flowood Office Complex (REO)

 ORLANDO, FL— Nicholas Ledvora (top right photo) and Christopher Savino middle  left photo), Managing Directors with Equity Investment Services (EIS), successfully closed the sale of two bank owned office buildings totaling 29,274 square feet and located in Flowood, MS.

Ledvora and Savino represented both the buyer and seller in the above referenced transaction. EIS brokered this transaction in association with Brandon Brown with TL Brown Properties of Jackson, MS.

 “Like all distressed sales, this transaction was a great move for both the buyer and seller. Zions Bank was able to liquidate a non-performing asset and the buyer acquired a solid investment well below replacement value with plenty of upside.” said Ledvora on the transaction.

 Mr. Ledvora and Mr. Savino are currently representing Zions First National Bank and other National lenders in a number of REO dispositions throughout the Southeastern United States.

 Equity Investment Services is a full service commercial real estate investment advisory company based in Orlando, Florida.

Our group was strategically created to serve the needs of its clientele.

 EIS represents owners in the dispositions and acquisitions, leasing and professional management of shopping centers, office buildings, industrial properties, single tenant net leased investments and multi-family properties.

 For more information, visit: www.EISRE.com

.

 Contact:

Alana L. Champagne

Operations Manager

Director of Property Management

Phone: 407.573.0711 ♦ Fax: 407.573.0710

Email: AChampagne@EISRE.com  or

Nicholas Ledvora (o) 407/573-0711 nledvora@eisre.com

Website: www.EISRE.com

Arbor Closes 10 Fannie Mae Loans Totaling $27.7M Across Pacific NW, AL and CO

Uniondale, NY (May 23, 2011) - Arbor Commercial Funding, LLC (“Arbor”), a wholly-owned subsidiary of Arbor Commercial Mortgage, LLC, announced the recent funding of 10 loans totaling $27,730,400 under the Fannie Mae DUS® Loan and Fannie Mae DUS® Small Loan product lines across the Pacific Northwest, Alabama and Colorado:

 Pacific Northwest

 Cascade Meadow Apartments, Woodburn, OR (top left photo) – The 200-unit complex received $11,775,000 funded under the Fannie Mae DUS® Loan product line. The 10-year refinance loan amortizes on a 30-year schedule.

Four Seasons Apartments, SeaTac, WA (top right photo) – The 61-unit complex received $2,490,000 funded under the Fannie Mae DUS® Small Loan product line. The 10-year refinance loan amortizes on a 30-year schedule.

Glenn Apartments, Portland, OR (middle left photo) – The 23-unit complex received $2,312,500 funded under the Fannie Mae DUS® Small Loan product line. The 10-year refinance loan amortizes on a 30-year schedule.

Carriage Estates, Wilsonville, OR – The 37-unit complex received $1,992,000 funded under the Fannie Mae DUS® Small Loan product line. The 10-year refinance loan amortizes on a 30-year schedule.

Sunview Apartments, Seattle, WA – The 37-unit complex received $1,693,200 funded under the Fannie Mae DUS® Small Loan product line. The 10-year refinance loan amortizes on a 30-year schedule.

Inverness Apartments, Portland, OR – The 12-unit complex received $837,700 funded under the Fannie Mae DUS® Small Loan product line. The 10-year refinance loan amortizes on a 30-year schedule.

Regis Arms Apartments, Hillsboro, OR – The 20-unit complex received $800,000 funded under the Fannie Mae DUS® Small Loan product line. The 10-year acquisition loan amortizes on a 30-year schedule.

 Alabama

 Edgewood Villas, Mobile, AL (middle right photo) – The 103-unit complex received $1,530,000 funded under the Fannie Mae DUS® Small Loan product line. The 10-year refinance loan amortizes on a 30-year schedule.

The Birches Apartments, Scottsboro, AL – The 88-unit complex received $1,300,000 funded under the Fannie Mae DUS® Small Loan product line. The 10-year refinance loan amortizes on a 25-year schedule.

Colorado

Park Athmar Apartments, Denver, CO (lower left photo) – The 84-unit complex received $3,000,000 funded under the Fannie Mae DUS® Loan product line. The 10-year refinance loan amortizes on a 30-year schedule.

All of the loans were originated by Brian Scharf (bottom right photo), Director, in Arbor’s full-service Uniondale, NY, lending office.

 “The package of recently close DUS® loans covered a broad diversity of loan sizes as well as geographies, from the Pacific Northwest to the Southeast and in between,” Scharf said.

 “This varied array, based on both size and location, is a testament to Arbor's ability to offer everything Fannie Mae does. Our familiarity with all markets and loan sizes continues to strengthen our competitive advantage at a time when many of our competitors are limiting their focus.”

Contact:  Christopher Ostrowski, costrowski@arbor.com

Beck Hires Harri Jarvenpaa as Senior Designer

 ATLANTA, GA (May 23, 2011) - The Beck Group’s Atlanta office said today that Harri M. Jarvenpaa (top right photo), AIA, LEED AP, has joined the team as a senior designer.

Harri has more than 15 years of experience in healthcare design and complex high-rise mixed-use construction. In his new role with Beck, Harri will manage pre-development services, conceptual design and facilitate meetings with municipal zoning and code officials.

During his career, Harri has managed and designed projects in Georgia, Texas, Florida, Colorado, North Carolina and Virginia. The majority of these project budgets were between $50 million and $100 million.

“Harri has extensive experience in healthcare design and construction,” said Fred Perpall (lower  left photo by KARL W. RITZLER/Special from Atlanta Journal Constitution) managing director of Beck’s Eastern Division. “This skillset will be a great asset to our design team.”

Before joining Beck, Harri was a senior designer with The Peacock Partnership in Atlanta. His career has also included positions with The Preston Partnership and Smallwood, Reynolds, Stewart, Stewart and Associates.

Harri is a member of the American Institute of Architects and the U.S. Green Building Council. He holds a Bachelors of Architecture from Mississippi State University.

Dallas-based Beck is a full-service builder. Beck is in the business of devising solutions for clients needs through the development of real estate, the design of architecture and interiors and the construction of buildings.

 Beck serves a wide range of industries, including arts, corporate, healthcare, entertainment, religious and education. Beck has more than 500 employees, many of whom are LEED-accredited professionals, working from a network of offices in Atlanta, Austin, Dallas, Denver, Fort Worth, Mexico City, San Antonio and Tampa.

For more information, go to www.beckgroup.com

.

 Contact:

Laura Dudebout

O: 404.965.5023

C: 678.642.4301

ldudebout@wilbertnewsstrategies.com

Colliers International Completes Two Industrial Sales Totaling $4.113 Million in Sylmar, CA

SYLMAR, CA, May 23, 2011. – Colliers International, the second largest global real estate services organization, recently completed two industrial deals in Sylmar, Calif. Brent Weirick, senior vice president based in Colliers International’s Encino office, handled both deals.

 The first industrial sale was a 10,800-square-feet property located at 12300 Gladstone Avenue (top left photo) with the transaction value equaling $1.25M or $115.74 per square foot. This property was built in 1967 and offers high clearance, excess land component, located within the enterprise zone with dock high and grade level loading along with a fenced yard. Weirick represented the seller in this transaction.

The other industrial sale was purchased by the Seller of the Gladstone property as the upleg to their 1031 exchange. This building is a 34,650-square-feet facility located at 12950 Bradley Avenue (lower right photo). The transaction valued at $2.863M or $82.63 per square foot. Built in 1970, the property offers grade level and dock high loading with a lot size of 57,765 square feet. Weirick represented the buyer.

Buyer and seller information remains confidential for both transactions.

 “The property at 12300 Gladstone Avenue was sold quickly within only three months of listing the property,” said Weirick.

Contact:

Angela S. Hwang

Regional Marketing Coordinator | Greater Los Angeles

Dir +1 213 532 3258 | Mob +1 310 867 4105

Main +1 213 627 1214 | Fax +1 213 327 3258

angela.hwang@colliers.com

Cassidy Turley Chief Economist Sees Retail Sector Slowly Improving

WASHINGTON, May 23, 2011 /PRNewswire/ -- Net demand for retail space has been trending up since July 2010, yet the U.S. retail sector will not reach historical average vacancy before mid-2013, according to Kevin Thorpe (top right photo)  Chief Economist at Cassidy Turley, a leading commercial real estate services provider in the U.S. 

According to Cassidy Turley's May 2011 Insights: Retail Outlook, Class A centers will rebound with slight rent growth this year in most metropolitan areas, while most Class B and C centers in secondary and tertiary markets will continue to lag.  For the next two years, it will continue to be a story of haves and have-nots.

"The good news is that unlike the previous three years, the positive momentum we are observing in the retail sector easily exceeds the downside risks, giving us greater confidence that the recovery will continue to strengthen," said Thorpe.

Cassidy Turley issued its May 2011 Insights: Retail Outlook at the International Council of Shopping Centers (ICSC) RECon 2011 conference, May 22-25, at the Las Vegas Convention Center. 

Copies of the May 2011 Insights: Retail Outlook and other Cassidy Turley research are available at Cassidy Turley's booth (#C187 L St) in the Central Hall.

For a complete copy of the company’s news release, please contact:

Maureen Wheeler, Vice President, Corporate Communications, Cassidy Turley, +1-202-463-1138, Maureen.Wheeler@cassidyturley.com

or Dan Cherrin, Definition 6 for Cassidy Turley, +1-313-300-0932, Daniel.Cherrin@definition6.com

 Web Site: http://www.cassidyturley.com

Daymark Realty Advisors Secures 30,000-SF Lease Renewal and Expansion with Government Agencies at One Northlake Place in Cincinnati

  

CINCINNATI, OH (May 23, 2011) – Daymark Realty Advisors Inc., a leading provider of strategic asset, property management and structured finance solutions for owners of commercial real estate, today announced that it has secured a 10-year lease expansion and renewal totaling 29,733 square feet with the Government Services Agency at One Northlake Place (top left photo) in Cincinnati.

 Daymark Realty Advisors has executed lease transactions totaling approximately 1.2 million square feet valued at $18.9 million, year-to-date.

 Daymark Realty Advisors manages One Northlake Place, a four-story, Class A office building located at 11500 Northlake Drive, on behalf of individual owners through one of its subsidiaries.

 The GSA transaction consists of two separate 15,000-square-foot leases, one for the Veteran’s Health Administration (VHA) National Center for Organization Development (NCOD) and the other for the Department of Veterans Affairs (VA) Veterans Integrated Service Network (VISN).

“The Government Services Agency has been a tenant at One Northlake Place for more than 10 years,” said Elizabeth Grossman, vice president, asset management. “The lease renewal and expansion will increase the building’s occupancy from 75 percent to 83 percent, far outpacing the local submarket where the average occupancy rate is 79 percent.”

Built in 1986, One Northlake Place is an approximately 177,000-square-foot office building situated on the former 10-acre Quantum Campus. The property is located in Sycamore Township, an unincorporated municipality of Greater Cincinnati that does not levy personal income taxes, but instead operates with a local real estate tax.

John Schenk from Colliers International represented Daymark Realty Advisors in the transaction. The Government Services Agency was self-represented. 

For more information regarding Daymark, please visit http://www.daymarkrealtyadvisors.com/.

Contact: Damon Elder,  Direct: 714.975.2659 • Cell: 714.356.1460

www.DaymarkRealtyAdvisors.com

Marcus & Millichap Names Martin E. Louie Managing Director

ENCINO, CA– Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has elected Martin E. Louie (top right photo)  as a managing director, according to John J. Kerin (lower left photo), president and chief executive officer. Louie currently serves as the firm’s chief financial officer.

            “Marty’s skillful management of the firm’s financial operations has been of immense benefit to the company,” says Kerin. “His success in formulating, communicating and executing our financial objectives is a testament to his abilities as an insightful strategic planner and a dedicated leader.”

Louie joined the firm as controller in 2003. He was promoted to vice president of finance in 2007 and to first vice president in 2008. He has been chief financial officer since 2010.

Prior to his career with Marcus & Millichap, Louie was the president/broker of TriStar Capital Group Inc., a lending institution providing commercial and residential financial services for the greater San Francisco Bay Area.

He has also served as a senior financial executive with worldwide responsibilities for various Fortune 500 companies including Sony Electronics Inc., Disney, Infineon Technologies AG and West Marine.

Louie graduated from the University of California, Los Angeles with a degree in economics. He received his MBA in finance from the University of Southern California. He is also a certified public accountant.

 Contact: Stacey Corso, Public Relations Manager, (925) 953-1716



Marcus and Millichap Capital Corp. Arranges $7.4 Million Construction Loan in Utah

   

ST. GEORGE, UT – Marcus & Millichap Capital Corporation (MMCC) has arranged a $7,451,409 construction loan and long-term commitment for an assisted- living facility in St. George.

Jeffrey Meierhofer (top right photo), an associate director in Salt Lake City, arranged the financing.

“When local lenders were unable to provide funding, MMCC was able to draw upon the firm’s mid-market relationships to secure financing,” says Meierhofer. “In a market where construction funding is scarce, MMCC was able to creatively solve product- and small geographic area-related challenges.”

 “The borrower, lender and broker worked together to start construction on what will be a state-of-the-art assisted-living facility with memory care,” adds Meierhofer. “No new assisted living has been built in the area in years; this new facility will provide much needed accommodations for seniors.”

 The construction loan is for two years and then a 75 percent loan-to-value long- term loan will be in place to take over upon occupancy.

Press Contact: Stacey Corso , Marcus & Millichap Capital Corporation, (925) 953-1716

www.mmCapCorp.com

California Shopping Center Trades for $11.7 Million

GRANADA HILLS, CA – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has brokered the sale of 17020 Chatsworth St (above centered photo)., a three-tenant, 39,720-rentable square foot shopping center in Granada Hills.

The sales price of $11.74 million represents $296 per square foot.

Brandon Michaels, a vice president investments in the firm’s Encino office, represented the seller, an out-of-state owner.

“The seller came to us because of our expertise and proven ability to create a market for this product type,” says Michaels. “Our platform and marketing process created a substantial amount of activity that produced a unique buyer who was able to pay a significant price.

“The property provides the new owners with a stable, core asset in a strong marketplace,” continues Michaels. “Two of the three tenants, Walgreens and Staples, are publicly traded companies and the third tenant, El Pollo Loco, is a privately held company with 333 locations.”

Built in 1959, the property is located on 129,809 square feet at the signalized corner of Chatsworth Street and Balboa Boulevard. The shopping center is easily accessible from California State Route 118. Nearby retailers include Fosters Freeze, 7-Eleven, 99¢ Only and Subway.

 The Walgreens drugstore is 11 years into a 60-year lease term with the option to cancel in year 20 and at the end of every five years thereafter. Staples is in year 11 of a 15-year lease term with three-five year options to renew. El Pollo Loco is in year 11 of a 20-year ground lease.

Contact: Stacey Corso, Public Relations Manager, (925) 953-1716

           

Introducing David Toro, Luxury Homes Specialist at Stirling Sotheby’s International Realty

ORLANDO, FL --- David Toro (top right photo), International Luxury Homes Specialist at Stirling Sotheby’s International Realty, has a different take on the real estate market from many market observers.

“In my role as an International Luxury Homes Specialist at Stirling Sotheby’s International Realty I have met countless celebrities, engineers, lawyers, doctors, business owners, and executives,” Toro said.

“While many educated individuals look down upon today's real estate market, I see a breadth of opportunity,” he said.

“We are emerging from an unprecedented housing market, but positive trends are already beginning to emerge. Buyers are leaving the sidelines and sellers are adjusting to the realities of the market. That’s a win/win situation, because as the supply curve dwindles, and as the demand curve increases, we will begin seeing a steady upbeat of market valuation,” he added.

For Toro, Stirling Sotheby’s International Realty has the best grasp of market conditions and the infrastructure to shape the market.

For more information, contact:

Roger Soderstrom, Founder/Owner Stirling Sotheby’s International Realty 407-581-7890  

Larry Vershel or Beth Payan, Larry Vershel Communications 407-461-3780 or 407-644-4142 

First Green Bank Plans to Expand to Volusia Later This Year

EUSTIS, FL  – First Green Bank (top left photo), the new Lake County bank that has already opened locations in Eustis and Clermont and announced plans to open a headquarters location in Mount Dora in June, also plans opening a branch in Ormond Beach later this year.

Kenneth E. LaRoe (bottom right photo) chairman and chief executive officer of First Green Bank, said First Green’s mission-driven business is catching on in Lake County with its emphasis on personal customer service and respect for the environment.

The bank offers personal and business banking courier services with a fleet of energy-efficient Toyota Priuses, remote deposit capture machines that mean businesses don’t even have to visit the branch locations, energy efficient and environmentally sustainable business practices that include the bank’s new 11,800 square foot Mount Dora headquarters facility — only the second privately-owned building in Florida to seek the LEED platinum certification, denoting the highest possible energy efficiency and environmental sustainability.

“Our mission is an environmental and social one,” LaRoe said. “We take a holistic approach to business in which we meld capitalism and shareholder value with environmental and social responsibility,” he said.

For more information about this press release, contact:  

Kenneth E. LaRoe, Chairman CEO, LEED® AP, First GREEN Bank, 352-483-9100, ken@firstgreenbank.com

 Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142 or 407-461-3780 lvershelco@aol.com

  

Orlando Fashion Square Reports New Leases Totaling 50,000 SF

ORLANDO, FL --- Orlando Fashion Square (top left photo) reports new leases in 2010 totaling more than 50,000 square feet of retail space.

John Crossman CCIM, president of Crossman & Company, the Orlando firm that serves as exclusive leasing representatives at Orlando Fashion Square said he projects that new leases in 2011 will total an additional 50,000 square feet.

“We anticipate a significant increase in visitors and new tenants at Orlando Fashion Square as a result of the opening of the National Entrepreneur Center in May,” Crossman said.

The National Entrepreneur Center, which provides support services to new and emerging business startups, leased 22,000 square feet of space at Orlando Fashion Square in a historic move Crossman said could launch a national trend.

“The choice of a centrally-located retail destination for its principal campus is a burst of strategic genius that marks National Entrepreneur Center as one of the real visionaries in the economic gardening movement,” Crossman said.

“We expect more agencies and organizations across the country will follow the example the National Entrepreneur Center is setting in making its services accessible and convenient to the small business entrepreneurs who will power the U.S. economy in the coming decades,” Crossman said.

Orlando Fashion Square mall is located on E. Colonial Drive near downtown Orlando.

For more information,  please contact:

John Crossman, CCIM, President, Crossman & Company, 407-581-6218, jcrossman@crossmanco.com;

Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142, lvershelco@aol.com.

Survivalists Eyed as Key Market for Central Florida Horse Farm

ORLANDO, FL --- Stirling Sotheby’s International Realty is reaching out to an unusual market to sell a 32-acre equestrian estate on Tuscanooga Road in Groveland, Fla.: survivalists.

Roger Soderstrom, founder and owner of Stirling Sotheby’s International Realty, said the property could make the perfect refuge for a family or group that wants to live “off the grid.”

The property, owned by blues performer Rozzy Osborne (top right photo), features a security entrance with camera, a private gun range, a whole house generator, 500 gallon propane tank, two separate wells, a half-acre garden, stables, a tree house, a fish pond with a private dock and a covered picnic area with electricity that would easily seat 40 people.

Soderstrom said the remote property could support a self-sustained lifestyle.

“There is a large market of survivalists in the U.S. who, for religious, political or philosophical reasons, desire a more private lifestyle removed from the hustle and bustle most of us consider routine,” Soderstrom said.

Linnette Sanzalone (middle left photo), the Stirling Sotheby’s International Luxury Homes Specialist representing the property, conducted a research study of the survivalist market in the U.S.---or “preppers,” as many of them prefer to be called---and says the property qualifies as the perfect rural compound.

“The Osborne equestrian estate is self-contained, secure and offers almost total privacy,” Sanzalone said. A five-acre wetland area at the back of the property could generate income from peat sales. More than 18 acres currently used as horse pasture could be converted into farmland.

The four-bedroom, four-bath luxury home at the center of the property offers 3,847 square feet of living space with tray ceilings, crown molding, oversized rooms, solid custom wood floors, built-in shelving units, two pantries, double built-in ovens, commercial grade ice machine and top-grade appliances.

Two additional oversized storage rooms could be converted into guest rooms or an exercise room, Sanzalone said.

A well-built 2,100 square foot barn near the main house could easily be converted to a guest house, workshop or man cave, Sanzalone said.

To view a video of the property,  visit  http://www.stirlingsir.com/index.php?action=listingview&listingID=149361

The blues singer’s property is currently listed at the highly discounted price of $599,000.

For more information, contact

Linnette Sanzalone, International Luxury Home Specialist, Stirling Sotheby’s International Realty 407-581-7890 or 352-638-5235 or Text 973-978-5497

Roger Soderstrom, Owner/Founder Stirling Commercial Group, 407-581-7890;

Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142 or 407-461-3780; lvershelco@aol.com

  

Emerson International Negotiates Nine New Leases for Office Space totaling More than 10,530 SF in Altamonte Springs, Longwood and Winter Park, FL

ALTAMONTE SPRINGS, FL. --- Emerson International recently negotiated nine new lease agreements for a total of 10,350 square feet of office space at four of its developments--Sanlando Center (top left photo) in Longwood, Cranes Roost and CenterPointe (middle right phototo) in Altamonte Springs and Louisiana Office Park (bottom left photo) in Winter Park.

Sean Westcott, director of leasing and property management for Emerson International, negotiated all nine leases on behalf of the landlord, Emerson International. 

Six of the new leases were at CenterPointe Office Park on CenterPointe Circle in Altamonte Springs, where PGMI Inc. leased 2,184 square feet at  407 CenterPointe Circle; Billy Jones Cosmetics, LLC leased 554 square feet at 385 CenterPointe Circle; SunTech 3 Inc. leased 1,380 square feet at 393 CenterPointe Circle; Seminole County Healthy Start Coalition, 705 square feet at 401 CenterPointe Circle; Deborah Day, 260  and Your Fit Body Fitness, 267 square feet at 378 CenterPointe Circle.

Also in Altamonte Springs, Ray Town Vacations, Inc. leased 1,607 square feet at 283 Cranes Root Blvd.

At Emerson’s Sanlando Center, 2170 West S.R. 434 in Longwood, IQ Reports, LLC leased 1,917 square feet and at Louisiana Office Park in Winter Park Home Care Connect, LLC leased 1,643 square feet at 1133 Louisiana Ave.  

For more information,  contact

Sean Westcott, Director of Leasing and Property Management, Emerson International, Inc. 407-834-9560 swestcott@emerson-us.com;

Eric J. Emerson, Vice President and General Manager Emerson International, Inc. 407-834-9560; ejemerson@emerson-us.com

Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142 lvershelco@aol.com

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