Arbor Closes Four Fannie Mae DUS® Loans Totaling $17M From Texas to Hawaii

UNIONDALE, NY - Arbor Commercial Funding, LLC (“Arbor”), a wholly-owned subsidiary of Arbor Commercial Mortgage, LLC, announced the recent funding of four loans totaling $16,958,400 under the Fannie Mae DUS® Loan and Fannie Mae DUS® Small Loan product lines in Texas and Hawaii:

 Upper E Portfolio, Dallas, TX (top left photo) – The 466-unit portfolio received $10,050,000 funded under the Fannie Mae DUS® Loan product line. The seven-year loan amortizes on a 30-year schedule.

Maple Terrace Apartments, Dallas TX (top right photo) – The 81-unit complex received $4,696,000 funded under the Fannie Mae DUS® Loan product line. The seven-year loan amortizes on a 30-year schedule.

Ashton Place Apartments, Amarillo, TX (middle left photo) – The 62-unit complex received $1,250,000 funded under the Fannie Mae DUS® Small Loan product line. The 10-year loan amortizes on a 30-year schedule.

Honolulu Apartments, Honolulu, HI (lower right photo) – The 10-unit complex received $962,400 funded under the Fannie Mae DUS® Small Loan product line. The 10-year loan amortizes on a 30-year schedule.

The loans were originated by Anthony Tarter, Director, in Arbor’s full-service Dallas, TX, lending office.

“This diverse group of our most recent deals included two well-located properties in Dallas, both of which were acquired with the assistance of our funding,” Tarter said.

“The Ashton Place Apartments in Amarillo, TX, were refinanced and feature a high occupancy as well as high-quality units.

“Meanwhile, for the refinance of the Honolulu Apartments, Arbor helped guide the new Fannie Mae borrower through the funding process, securing good terms during the course of the transaction.”

Contact:  Christopher Ostrowski, costrowski@arbor.com

Aveda Institute to Open at Brookwood Place on Peachtree in Atlanta

 ATLANTA, GA – Selig Enterprises is pleased to announce Aveda Institute will be opening at Brookwood Place on Peachtree (top left photo)  in Fall 2011. The cosmetology school will occupy the 18,040sf currently occupied by Borders Books & Music. Borders is slated to close February 28, 2011.

Brookwood Place on Peachtree is a mixed-use development featuring a 130,000 square foot retail component and 150 premier condominiums and townhomes, and is located at 1745 Peachtree Street.

This established lifestyle center features Spa Sydell, Viking Culinary Arts Center, Kroger, Tuk Tuk Thai Loft and Baroni Pizza & Pasta.

Aveda Institutes are part of an integrated team of more than 6,500 salons, spas, institutes and stores in over 20 countries worldwide. It is a powerful global affiliate aligned by a common goal.

Aveda Institute is one of the fastest growing worldwide salon networks and the most successful salon business model in the industry.

Selig Enterprises, Inc. is a real estate holding and development company with a portfolio in excess of ten million square feet and with properties throughout the Southeast. The company operates AAA Parking, which manages over 100 parking facilities.

 Headquartered in Atlanta, the company provides leasing, development, acquisition, space design, construction, legal, property management, brokerage and accounting services.

For More Information, contact:

Hilary W. Shure, CMD, Selig Enterprises, Inc.

Direct: 404.898.9065; Fax: 404.875.2629

Email: hshure@seligenterprises.com

URL: http://www.seligenterprises.com/

-          

Mercantile Capital Corp. launches SBA 504 interim loans website

  

ALTAMONTE SPRINGS, FL --- Mercantile Capital Corporation, a wholly owned subsidiary of Old Florida National Bank, which specializes in U.S. Small Business Administration 504 loans that assist small business owners acquiring or developing their own facilities, has announced the launch of a new website dedicated exclusively to SBA 504 interim loans.

Chris Hurn (top right photo), chief executive officer of Mercantile Capital Corp., said www.SBA504InterimLender.com is designed to provide banks and non-bank lenders information on how SBA 504 interim loans are best used and how to best secure these loans.

“For instance, a bank may not want to do an SBA interim/bridge loan because of possible regulatory pressure, lending limits, or the fact that the property type doesn’t meet their loan policy guidelines,” Hurn said.

 “Or perhaps they’d rather not do construction/renovations for a particular 504 loan.  In these cases, we can provide the interim loan and help get the loan done for both the lender and the small business,” he added.

Additionally, www.SBA504InterimLender.com is helpful for Certified Development Companies (CDCs), which are certified by the SBA to provide the government-guaranteed second mortgage/trust deed position for SBA 504 loans.

“When a CDC originates an SBA 504 loan, we can commit to providing the interim loan which will expedite securing a first mortgage lender for them,” Hurn said.

Mercantile Capital Corp. finished 2010 with loan volume 80 percent above its 2009 volume, and expects a substantial increase in 2011. Nearly $141 million of SBA 504 loans were originated by Mercantile Capital Corp. in 2010 in 13 states.

Visit www.SBA504InterimLender.com; www.504Experts.com; and www.504Blog.com.

For more information, contact:

Chris Hurn, CEO Mercantile Capital Corporation, 407-786-5040 ChrisHurn@MercantileCC.com

 Larry Vershel Communications, 407-644-4142 Lvershelco@aol.com

HFF arranges $41.25 million acquisition and leasehold financing for Princeton, New Jersey mixed-use development

FLORHAM PARK, NJ –HFF (Holliday Fenoglio Fowler, L.P.) has arranged $41.25 million in financing for Princeton Forrestal Village (top left photo), a 550,000-square-foot mixed-use development in Princeton, New Jersey.

HFF senior managing directors Mike Tepedino (middle right photo) and Jon Mikula (middle left photo) worked exclusively on behalf of Investcorp International, Inc. to secure the five-year, fixed-rate loan from Morgan Stanley. 

 The securitized loan provided acquisition financing and leasehold financing with Princeton University as the lessor under the ground lease agreement.

Princeton Forrestal Village is located along Route 1 close to downtown Princeton and Princeton University in central New Jersey. 

The 41.89-acre site has 10 buildings with 349,239 square feet of office space, 188,198 square feet of retail space comprised of a stand-alone health club and spa (Can Do), two outparcel restaurants (Ruth’s Chris Steakhouse and Salt Creek Grille) and Harmony Day School, plus 11,891 square feet of common area and amenity space.

 Also included on the site, but not part of the financing collateral, are a Westin Hotel and Conference Center and the Eden Institute.  In total, the property is 89% leased to 77 tenants.

“Several medical tenants signed leases at the property and a handful more have expressed interest in negotiating lease deals.  Medical tenants are attracted to the property for its close proximity to the new hospital, the extensive amenity base, and the cost effectiveness of the space as compared to other buildings in the market,” said Mikula.

Investcorp International is a global investment group with offices in London, New York and Bahrain and has more than 300 employees worldwide.  The real estate team of Investcorp International is an established, well capitalized, value-oriented real estate investor with a long and distinguished track record of success for almost 30 years, completing transactions with an aggregate value of nearly $43 billion globally. It currently has more than $6 billion of property under management.

Contacts:

Michael Tepedino, HFF Senior Managing Director, (212) 245-2425 mtepedino@hfflp.com

Jon Mikula, HFF Senior Managing Director, (973) 549-2000, jmikula@hfflp.com

 Kristen Murphy, HFF Associate Director, Marketing, (713) 852-3500,

krmurphy@hfflp.com

Marcus & Millichap Hires Brian Bornhorst as a Multifamily Investment Specialist

DENVER, CO – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has hired Brian Bornhorst (top right photo)  as a multifamily investment specialist, according to Michael Hoffman (middle left photo), first vice president and regional manager in Denver.

 In his new position, Bornhorst will serve as a director in the Denver office of the firm’s National Multi Housing Group.

 Most recently, Bornhorst was the vice president of transactions for AIMCO, a Denver-based multifamily REIT.

“It is with pleasure that we welcome Brian to Marcus & Millichap,” says Hoffman. “His in-depth knowledge of the multifamily investment market in Colorado and across the United States will be an asset to the firm.

"Brian has a great deal of experience in negotiating major apartment transactions on behalf of institutional investors as well as major private investors, which will enhance our national brokerage platform.”

Bornhorst brings more than 17 years of multifamily investment and real estate operations expertise to his new post at Marcus & Millichap. He has arranged approximately $7.2 billion in apartment transactions on behalf of institutional and private investors throughout his career.

Prior to joining AIMCO, Bornhorst worked for Deloitte & Touche as a manager in the firm’s real estate consulting practice, providing operations and process improvement services for clients across the US and Canada.

Bornhorst received his bachelor’s degree in real estate and marketing from the University of Cincinnati.

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

NewMark Merrill Awarded 1.1 Million SF Management Assignment

WOODLAND HILLS, CA – NewMark Merrill Companies, a retail development and full-service property management firm, is proud to announce the addition of four new Property Management assignments of 1,169,500 square feet, in addition to expanding its’ list of clients.

The shopping centers include: Grand Plaza, Nordahl Marketplace, Peru Marketplace and Heritage Plaza.

The four high-profile Southern California and Illinois shopping centers are owned by affiliates of both World Premier Investments (WPI) and United American Properties (UAP).  NewMark Merrill Companies retail portfolio now exceeds 8 million square feet under management including its owned assets.

This outstanding portfolio of Shopping Centers includes: 

Grand Plaza (top left photo) located along Highway 78 at Las Posas Road in the north county area of San Marcos, CA.  The center totals more than 356,000 square feet.  Tenants include Sprouts, Nordstrom Rack, Ross, Bed Bath and Beyond, Marshalls, Sports Chalet, Petco, Lane Bryant, Party City and many more. The center is 95% leased.  Leasing for this property is handled by Cushman Wakefield of San Diego.

Nordahl Marketplace (middle right map) located along Highway 78 at the northwest corner of Highway 78 and Nordahl Road, also in San Marcos, CA. The center totals more than 315,000 square feet and is home to Wal-Mart, Kohl’s, Guitar Center, Payless Shoes, Burger King, Starbucks, Coldstone Creamery and several others.  The center was built in 2003 and remodeled in 2007.  The center is currently 96 % leased.  Leasing for this property is also handled by Cushman Wakefield.

Heritage Plaza (middle left photo) is a 119,000 square foot center, located along Arlington Avenue in Riverside California.  The center is home to many retailers, including Albertsons, 99 Cent Only Store, Starbuck’s Coffee, Subway, Rent A Center, Radio Shack and Yum Yum Donuts to name a few.  Leasing for this property is handled by Colliers International.

Peru Marketplace (lower right photo) is a 362,463 square foot center, located at Route 251 & La Salle in Peru, Illinois.  The center is home to Wal-Mart, GameStop, Kohl’s and opening soon PetSmart to name a few.

Contact: David Ebeling, Ebeling Communications, (p) 949.861.8351, (c) 949.278.7851, david@ebelingcomm.com

NAI Realvest Negotiates 3 New Leases in Metro Orlando

Azuleri Takes 1,991 SF in Maitland Center 

 MAITLAND, Fla. --- NAI Realvest negotiated a new lease agreement for 1,991 square feet of office space in suite 104 at 1015 Maitland Center Commons Blvd.

 Michael Heidrich (top right photo), a principal in the firm, brokered the transaction representing the Maitland-based landlord, 1015 Maitland Center Commons, LLC and the tenant, Azuleri, Inc., a hearing aid systems manufacturer relocating from southeast Orlando.

  

Hanging Moss CommerCenter and Airport Industrial Center Welcome New Tenants

 ORLANDO, Fla. – Michael Heidrich, principal at NAI Realvest recently negotiated two lease agreements for industrial space totaling 5,000 square feet at Hanging Moss CommerCenter (lower left photo) and Airport Industrial Center in Orlando.

 Heidrich represented the landlord Maitland-based COP-Hanging Moss, LLC in a lease to Winter Park Auto Exchange, Inc. for suite 410 with 2,000 square feet at 6112 Hanging Moss Rd. 

 At 7466 Narcoossee Rd., Citadel Capital Management, Inc. of Winter Park leased unit 200-F with 3,000 square feet . Heidrich negotiated the transaction on behalf of the landlord Airport Investment Properties, LLC of Columbus, Ohio.  Rory Williams of Acquisition Consultants represented the tenant.

 For more information, contact:

Michael Heidrich, Principal, NAI Realvest 407-875-9989 mheidrich@realvest.com

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

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

Colliers International Completes the Sale of an 82 unit Multi-Family Property in the Inland Empire

REDLANDS, CA, Jan. 27, 2011 --  Colliers International, the second largest real estate services organization globally, has completed the sale of a 89,248-square-foot multi-family property (top left photo) located at 301 E. Cypress Ave, Redlands, CA to Sequoia Equities, a Walnut Creek-based real estate investment firm.

The property sold for $625,000 above list price, at $11.625 million and $141,768 per unit.

Kitty Wallace (top right photo), executive vice president, based in Colliers International’s West Los Angeles office, represented the buyer and the seller, MJW Receivers.

 “We ran an aggressive marketing campaign for the seller and received 21 offers in just eight days, 19 of which were above asking price,” said Wallace.

“With so many offers on Cypress Villas, it is clear that there is investor demand for the Inland Empire. Positive third quarter statistics indicate that the Inland Empire may have found its way out of the recession.” 

 Built in 2004, Cypress Villas is an 82 unit garden style property situated on 4.68 acres in the Inland Empire. 

This gated community features a mix of one, two, and three bedroom apartments that were 100% occupied at the point of sale. The property also features a large leasing office, community room, fitness center, and a resort style swimming pool and spa.

The property is well-situated in one of the best areas of the city, just east of Redlands Blvd. and the 10 freeway. It is also within one mile of the University of Redlands (lower right photo), History Downtown Redlands, the Redlands Mall and Prospect Park.

Contact:

Angela S. Hwang, Regional Marketing Coordinator

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

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

angela.hwang@colliers.com

http://www.colliers.com/

Marcus & Millichap Brokers Sale of $21.7 Million Long Island, NY Property

  CALVERTON, NY– Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has brokered the sale of Thurm’s Estates (top left photo), a 101-acre, 328-space manufactured home community in Calverton, N.Y.

The sales price of $21,740,000 represents $66,280 per space.

Frank “Buddy” Martin and Ian Glasser, manufactured home communities investment specialists in the firm’s Philadelphia and New Jersey offices, respectively, represented the seller, MHC Thurms LLC.

Martin and Glasser also represented the buyer, a Chicago-based manufactured housing investment firm. J.D. Parker (middle right photo), regional manager of Marcus & Millichap’s Manhattan office, also provided representation.

 “Thurm’s Estates presented investors with a rare opportunity to purchase a seniors housing community on Long Island,” says Martin. “Long Island is one of the country’s premier markets for manufactured housing.”

 Located at 705 Fresh Pond Ave. in Calverton, Thurm’s Estates provides residents aged 55 and over with easy access to Long Island wine country, the Hamptons, Long Island Sound, Flanders Bay and the Atlantic Ocean. Major retail venues, a 182-store outlet mall and several golf courses are located within 10 miles of the property.

 Built in 1958, Thurm’s Estates is composed of 155 singlewide spaces and 173 doublewide spaces. The community, which is 100 percent seniors, is serviced by city water and has its own sewage system.

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

Rene Circ Joins Grubb & Ellis as Vice President, National Director of Research, Industrial

SANTA ANA, CA (Jan. 27, 2011) – Grubb & Ellis Company (NYSE: GBE), a leading real estate services and investment firm, today announced that Rene Circ (top right photo) has joined the company as vice president, national director of research, Industrial. 

 Based in Chicago, he will responsible for leading the market research efforts for the company’s national Industrial Group as well as its industrial-focused practice groups. 

 “Rene has a strong track record of supporting asset management and investment strategies that result in higher portfolio profitability,” said Jack Van Berkel (middle left photo), president of Real Estate Services and chief operating officer, Grubb & Ellis Company.

 “Bringing him on board bolsters our professionals’ ability to provide clients with winning real estate strategies backed by solid market analysis.  His addition brings new strength and creativity to our market research platform.”

Circ’s addition enhances the company’s highly regarded national market analysis as well as its comprehensive proprietary local market research, conducted by more than 100 research professionals in Grubb & Ellis’ owned and affiliate offices. 

He reports to Bob Bach (lower right photo), senior vice president and chief economist.

Circ, 35, joins Grubb & Ellis from First Industrial Realty Trust, where he spent 11 years, the last five as research director. 

 During his tenure, Circ managed a team of five analysts and was instrumental in supporting investment strategies domestically and globally that resulted in transactions totaling in excess of $12 billion. 

Prior to joining First Industrial Realty Trust in 2000, Circ was a senior research analyst with Insignia/ESG since 1996.  He is a regular presenter at industry events and has been published in a number of trade publications and conference reports, including SITE Selection, mthink.com/ASCET, and SIOR Professional Report. 

Contact: Erin Mays, Phone: 312.698.6735

Email: erin.mays@grubb-ellis.com                

 

Stirling Sotheby’s International Realty Named Exclusive Sales, Marketing Agents for $525,000 Condominium in Southwest Orlando

 ORLANDO, FL. --- Stirling Sotheby’s International Realty was recently named exclusive sales and marketing agents for a $525,000 luxury condominium on the 10th floor at Bay View Reserve (top left photo), overlooking Spring Lake in southwest Orlando off Dr. Phillips Blvd. at Sand Lake Rd.

Roger Soderstrom, founder and owner at Stirling Sotheby’s International Realty, said the residence was recently professionally renovated with hardwood floors, custom European-style cabinets and granite countertops.

“The luxury condominium at Bay View Reserve features spacious rooms and large windows with dramatic views of Spring Lake, the downtown Orlando skyline and the fireworks at Disney World,” Soderstrom said.

The 2,650 square foot condominium offers two bedrooms, three full baths a study and a gourmet kitchen. 

Bay View Reserve condominium offers VIP owner services with 24 hour security, Soderstrom said, along with a community swimming pool, tennis courts and exercise room.

The property was listed by Carolyn Burgiel (middle right photo) and Daniel Natoli (lower left photo) of Stirling Sotheby’s International Realty’s LR Team.

To see photos of Bay View Reserve, visit http://www.stirlingsir.com/index.php?action=listingview&listingID=49287

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 

HFF closes sale of Ten West Corporate Center II in Houston’s Energy Corridor

 HOUSTON, TX – The Houston office of HFF (Holliday Fenoglio Fowler, L.P.) announced today that it has closed the sale of Ten West Corporate Center II (top left photo), a 250,260-square-foot, Class A office building in Houston’s Energy Corridor.

HFF senior managing directors Rusty Tamlyn (middle right photo) and Dan Miller (middle left photo) and associate director Trent Agnew led the investment sales team on behalf of the seller, Founders Properties, LLC.

ING Clarion Partners purchased the property on behalf of a commingled fund advised by the firm for an undisclosed amount free and clear of debt.

Ten West Corporate Center II is located at 17404 Katy Freeway (Interstate 10) on a 6.2-acre site within the Park Ten Office Park in west Houston. 

Completed in 2006, the property is fully leased to Mustang Engineering, a wholly owned subsidiary of the John Wood Group, LC.  Mustang and its affiliates now occupy more than one million square feet of office space in Park Ten Office Park.

Headquartered in Minneapolis, Founders Properties LLC is a privately-held company that provides a full range of acquisition, financing, asset management and investment services for high-net-worth investors.

Founded in 1982, ING Clarion Partners manages $21.5 billion in private real estate equity investments on behalf of both institutions and individuals.  Through both commingled fund and separate account formats, the Firm provides a wide range of investment options across the risk/return spectrum.

 More information is available at http://www.ingclarion.com/.

Contacts:  

Rusty Tamlyn, CCIM, SIOR, HFF Senior Managing Director, (713) 852-3500, rtamlyn@hfflp.com

Kristen Murphy, HFF Associate Director, Marketing (713) 852-3500

krmurphy@hfflp.com

Berger Commercial Realty Corp. Announces New Industrial Leases

 FORT LAUDERDALE, FL.– Keith Graves (top right photo)  and St. George Guardabassi (lower left photo) of Berger Commercial Realty Corp., a full service commercial real estate firm based in Fort Lauderdale, Fla., and serving clients around the state, announced two new lease transactions.

 Graves and Guardabassi represented landlord Schaefer Industries in the lease of 17,040 square feet of industrial space in the Schaefer Industrial building, located at 3350 S.W. 13th Ave in Fort Lauderdale, to tenant Altaquip, LLC.

Graves and Guardabassi represented landlord Ideal Industries Properties, Ltd., in the lease of 3,000 square feet of industrial space  in the Ideal Industrial building, located at 1421 S.W. 10th Ave. in Pompano Beach, Fla., to tenant Royal Roofing Co., Inc.

Contact: Marielle Sologuren, Phone: (954) 776-1999, ext. 226, Fax: (954) 776-0290

msologuren@piersongrant.com

http://piersongrant.com/

HighImpactDigital.com

Marcus & Millichap Sells 16,700 SF Single-Tenant, Net-Leased Building in Ames, IA

 AMES, IA, Jan. 26, 2011 – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has announced the sale of FedEx Shipping Center, a 16,700 Square-Foot Single-Tenant Net-Leased property located in Ames, IA, according to J.D. Parker (top right photo), Vice President and Regional Manager of the firm’s Manhattan office.

 The FedEx Shipping Center is located at 238 Alexander Avenue and the asset commanded a sales price of $950,555.

Thomas DeWaay  (middle left photo), CCIM, investment specialist in Marcus & Millichap’s Des Moines Office and Glen Kunofsky (lower right photo), investment specialist in the Manhattan office, had the exclusive listing to market the property on behalf of the seller, a private investor.

 “The property is the type of investment that is currently in high demand- it has a strong credit tenant, is priced right around $1 million, and as a result was incredibly attractive to potential investors,” stated Kunofsky, Senior Vice President of Investments. 

Press Contact: J.D. Parker, Vice President and Regional Manager, Manhattan, (212) 430-5100

ING Clarion Partners Acquires Office Property in Falls Church, VA for $90 Million

NEW YORK, NY, Jan. 26, 2011 – ING Clarion Partners LLC, a leading real estate investment advisory firm, has acquired 3150 Fairview Park, a Class A, eight-story office building in Falls Church, Virginia for $90 million, it was announced today.

 The acquisition was made on behalf of a commingled fund managed by the firm.

The 252,000 square foot property is located in Fairview Park, Northern Virginia’s only trophy quality office park, at the intersection of I-495 and Route 50, just south of Tyson’s Corner.

(Fairview Park Drive, middle left photo)

It was completed in 2001 as a build-to-suit for Noblis Systems, a scientific and research systems engineering organization. Noblis is currently the building’s sole tenant with a lease that runs through January 2017.

The building features a conference center, childcare facility, and on-site parking in a three-level structured parking garage, among other amenities. The Park itself includes hotels and restaurants.

“The resilience of the local economy in the Northern Virginia – Washington, D.C. submarket has been demonstrated again through the most recent economic downturn,” said Marc DeLuca (top right photo), Director at ING Clarion.

“This resilience provides strong support for the area’s office market and is particularly important to outstanding properties like Fairview Park.”

Fairfax County is one of the nation’s wealthiest and fastest growing counties, fueled in part by the presence of multiple technology industries that provide diversification to a local economy in which the federal government plays a significant role.

These companies are in turn supported by access to the region’s large, highly skilled workforce and by the presence of research and other technology support firms, including venture capital.

Tenants within Fairview Park have excellent access to local transportation links, including Route 29, I-66, and the Dulles Toll Road in addition to I-495.

The property is within two miles of the Dunn-Loring Metro Station, 12 miles of Reagan National Airport (lower left photo), and 19 miles of Dulles International Airport (lower right photo).

Founded in 1982, ING Clarion Partners and its affiliates manage $39 billion in assets in the private and public equity sectors of the real estate markets.

 ING Clarion is the Americas arm of ING Real Estate Investment Management, one of the world's leading real estate investment managers with global assets under management of more than $89 billion and operations in 20 countries.

 ING Real Estate Investment Management is part of ING Group, a global financial institution offering banking, investments, life insurance and retirement services to over 85 million private, corporate and institutional clients in more than 40 countries.

More information about the firm is available at http://www.ingclarion.com/.

Press Contacts:

Mike MacMillan/Chris Sullivan, MacMillan Communications (212) 473-4442, mike@macmillancom.com

Meghana Kulkarni, MacMillan Communications, (212) 473 – 4442

meghana@macmillancom.com

NAI Realvest Negotiates New Lease for 9,675 SFt, increasing occupancy to 100 Percent at Winter Park Commerce Center

 ORLANDO, FL – NAI Realvest recently completed a lease agreement for 9,675 square feet of office/industrial space at Winter Park Commerce Center near downtown Winter Park, FL. 

Michael Heidrich (top right photo), principal at NAI Realvest negotiated the transaction representing the landlord, Winter Park-based WFI. 

 Jack Lynch (lower left photo), senior associate at NAI Realvest represented the new tenant Hype Marketing d/b/a Fulfillment Experts, Inc., who leased units 913, 915 and 937 N. Pennsylvania Ave., and increased the occupancy to 100 percent at Winter Park Commerce Center.

For more information, contact:  

Jack Lynch, NAI Realvest 407-875-9989 or jlynch@realvest.com

Michael Heidrich, NAI Realvest 407-875-9989 or mheidrich@realvest.com

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

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