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Monday, May 4, 2009

NHL Florida Panthers Owners propose development project

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Sunrise, Florida - Our Net Lease Properties news jumps into the west Broward County of Florida. A large Commercial Real Estate Development project is being planned. Residential, Retail, Hotel and Office Space is proposed for the surrounding area of the BankAtlantic Center in Sunrise. The start of the Commercial Real Estate Development would be 4,800 residential units. To service the residential owners, the plan calls for 950,000 square feet of retail space for triple net lease properties. Also the City of OZ would be able to accommodate plenty of Tourists with 1,450 hotel rooms to built in this Commercial Real Estate Development. The Commercial Real Estate Development is projected to allow 1.85 million square feet of office space to be leased and a Broadway-style theater. The Broadway-style theater would be more than three times the size of the Broward Center for Performing Arts.

This commercial real estate development, that owners of the Florida Panthers hockey franchise are now proposing, will be named “Oz“. The plan is use the 139 acres that surround the BankAtlantic Center in Sunrise.

The Hockey Teams' parent company, Sunrise Sports & Entertainment (SSE), are talking about details of the Commercial Real Estate Development plan. Team owners have been meeting with local Florida government officials to view their level of acceptance for the entertainment and the much anticipated commercial district.

The City of Oz with it’s dynamic stature will be a great place to lure new Fortune 500 companies. According to the City of Oz Web site, the project would create an estimated 13,478 total new jobs in South Florida with a $226 million annual payroll at the job site.

The nearby Sawgrass International Corporate Park houses about 4 million square feet of commercial space on 612 acres. An example of available net lease properties is a building that is a tilt wall concrete construction. The net leased property has a steel bar joist roof system with 3,213 square feet of NEW office space that was just completed. These types of Mixed-use commercial properties accommodate Tenants who need clear height in a warehouse that is 24'. There are 9 dock doors available and full fire sprinkler protection in many of the mixed-use net lease properties in the Sawgrass International Corporate Park. The Sawgrass International Corporate Park has excellent access to I-595, the Sawgrass Expressway, and I-75 for Ft. Lauderdale and Hollywood Florida traffic. A NNN Commercial Real Estate Development benefits greatly with this type of daily retail traffic.

NNN commercial real estate investing can be extremely rewarding, financially and personally, so if you are searching for your triple net lease properties, Search Net Lease Properties now.

Here are some net lease properties that may be available:

Aaron Rents Net Lease Properties
Bimbo Bakery Distribution Centers
FedEx Freight Distribution Centers
Flowers Foods Net Lease Properties
Best Buy Net Lease Properties
Big 5 Sporting Goods Net Lease Properties
Burger King Net Lease Properties
CVS Pharmacy Net Lease Properties
Dollar General Net Lease Properties
Haverty's Net Lease Properties
Ingle's Net Lease Properties
Jack in the Box Net Lease Properties
PetSmart Inc. Net Lease Properties
Tractor Supply Co. Net Lease Properties
U.S. Bank Net Lease Properties

If you need financing for Commercial Real Estate or Investment Property financing, you can apply for Commercial Loans at Loanrise.com.


Submitted by: K. Kilwin for "NNN Commercial Real Estate"

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