Heron Pond II Apartments opens in Lehigh Acres

LEHIGH ACRES - Carlisle Development Group just announced the grand opening of its Heron Pond II Apartments.
These new development is a senior affordable community, at 8421 Heron Pond Drive, in Lehigh Acres.
The price tag was approximately $14 million. This development consists of 60 one-bedroom units and 40 two-bedroom units.
The monthly rent is estimated to be under $500.
Lehigh Acres is 48 miles to Naples, Florida.

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Sale of 4.8 acres in Fort Myers

FORT MYERS - 4.8 acres on Plantation Road in Fort Myers was purchased by Gulf Coast Medical Park LLC. Intermed II LLC sold the property for $2,725,000.
The land is located by the Gulf Coast Medical Center expansion on Daniels Parkway.
Jim Garinger, CCIM, SIOR, Andrew Falde, CCIM, and Karen Johnson-Crowther with Colliers Arnold represented the seller. Magnus Karlstedt of MK Construction and the late Robin Wright of Woodyard and Associates represented the buyer.
Gulf Coast Medical Park will be a 54,000 sf medical office park consisting of four buildings.
This project has been pre-leased or pre-sold to a combination of users and investors.
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Professional Centre at the Gardens Mall

West Palm Beach, Florida - Our Net Lease Properties information today is from Palm Beach County, Florida. We would like to report that a net leased Office Building has signed up a new Tenant for a lease. One of South Florida's leading commercial real estate firms has found a viable net leased tenant for a space in Palm Beach Gardens, Florida. The Florida Commercial Real Estate firm is NAI/Merin Hunter Codman Incorporated. NAI/Merin Hunter Codman Inc. has offices in West Palm Beach, upscale Boca Raton, the prestigious town of Palm Beach and Palm Beach Gardens.

This Commercial Real Estate firm helped to land a Tenant for the Professional Centre at the Gardens Mall. Coastal Sotheby’s International Realty will be leasing office space at the Professional Centre. Coastal Sotheby’s International Realty is taking approximately 4,211 square feet. This net leased Office Building is located at 11601 Kew Gardens Avenue, in Palm Beach Gardens, Florida. The Professional Centre at the Gardens Mall has the zip code of 33410.

The Professional Centre at the Gardens is a gorgeous two-story Class B office building that has some NNN Leases. This NNN Commercial Real Estate development consists of four office buildings that are approximately 22,111 square feet. This NNN Commercial Real Estate development has an excellent location, in the Heart of the growing Palm Beach Gardens community. This are of Palm Beach Gardens is an ideal location for a 1031 Exchange replacement property also. The Professional Centre at the Gardens Mall benefits from very easy access to the upscale Gardens Mall.

The Gardens Mall in Palm Beach Gardens, is a very luxurious retail shopping center. This retail shopping center is approximately 1.5 million square feet. This Florida Retail Shopping Center keeps having updates to the outstanding designed space. This Florida Retail Shopping Center has 160 fine specialty shops, and is anchored by Nordstrom, Saks Fifth Avenue, Bloomingdale's, Macy's and Sears. The Retail Shopping Center sits on PGA Blvd. and has very easy access I-95.

The highly anticipated Gardens Mall was completed in 1988 This Florida Retail Shopping Center has maintained their spot on the list of world-class shopping destinations in the Country. As mentioned it was beautifully designed with a blending of award-winning architecture, fine art and lush landscaping with popular amenities. This Palm Beach Gardens Retail Shopping Center is host to many signature events. Also with their retail variety, The Gardens Mall is a premier shopping destination for Palm Beach County.

Other major Retail Shopping Centers nearby are Legacy Place, Downtown at the Gardens, Midtown and the well designed PGA Commons. These net leased Retail Shopping Centers are are conveniently located off of PGA Boulevard and near the I 95 freeway and the Florida Turnpike.

Contact Net Lease Properties to sell your net lease properties, or purchase NNN Property.

If you are ready to purchase Commercial Real Estate or a Triple Net Leased Property, you can apply for Commercial Loans at Loanrise.com.

$9.5 Million Financing for Galleria Mall

Miami Beach, Florida - Our Net Lease Properties news is from the exciting Miami Beach area. The downtown area of Miami business district and the Coral Gables, Florida area are primed spots for triple net lease properties to invest in. Obviously, Investment Property financing is an important aspect of net lease properties. CTL Financing for net lease properties and retail shopping centers with quality Tenants is still available.

We want to report the Galleria International Mall received funds from Commercial Mortgage Lenders. The net leased retail shopping center was offered financing for the amount of $9.5 Million. This Commercial Loan has an mediocre rate of 6.75% and a has five-year term. This Investment Property financing is based on a 25-year amortization schedule. The attractive part for the Commercial Mortgage Lenders is that this is a 50$ LTV (Loan to Value). The Downtown Miami net leased property is a unique investment property. The net leased property is near the Wachovia Financial Center, BankAtlantic and Starbucks net lease properties.

This net leased property is anchored by an excellent Tenant, Marshall's. The Miami Investment Property, the Galleria International Mall features Tenants selling clothing and sporting goods, electronics, and specialty goods. The net leased property has approximately 79 stores in this downtown shopping center. Their are a range of discount retailers including The Dollar Depot, Computer Stop, Mina Clothing of New York, Benneton Factory Outlet, and Brahams Outlet to service Downtown Miami.

This net leased property also services plenty of visitors from South America, Europe, and other exotic locations. The net leased retail shopping center offers a wide variety of food retailers from around the World. The Miami NNN Commercial Real Estate for collateral of the commercial loan is three-levels. The Miami Investment Property is approximately 165,1128 square feet of retail and offices. The net leased property is located at 251 East Flagler Street. The Miami Investment Property is conveniently situated on the well traveled Flagler Avenue. This retail shopping center is about a couple of blocks from Biscayne Boulevard and close to South American Way. This well known retail district helps fuel the Galleria International Mall with retail traffic.

If you are prepared to purchase Commercial Real Estate, you can apply for Commercial Loans at Loanrise.com.

Contact Net Lease Properties to purchase NNN Property or for 1031 exchange replacement properties in these areas.

Wright, Fulford, Moorhead & Brown PA. find a new office

ALTAMONTE SPRINGS - The 21,234 sf office building at 505 Maitland Ave. in Altamonte Springs was bought by OFFICECO LLC for $2.375 million.
Chuck Mitchell & Trent Scott of First Capital Property Group Inc. represented the buyer, meanwhile Michael Calhoun of Maitland Realty Company represented the seller, Eula Scott LLC.
This building will be the new office of the law firm Wright, Fulford, Moorhead & Brown PA.
Wright, Fulford, Moorhead & Brown is a Florida law firm. They practice in the areas of construction law, construction litigation, lien foreclosures and breach of contract.

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Restoration Hardware Opens Retail Space in Florida

Destin, Florida - We have Net Lease Properties news on an outlet, retail shopping center. The Company headquarters of Restoration Hardware Inc. has announced their celebrated and grand opening of its first Clearance Center. This retail net lease space is approximately 12,000 square-feet, in Destin, Florida. Restoration Hardware Inc. will be housed in the Southeast at Silver Sands Factory Stores. This specialty retailer looks like a high end hardware store. The area of Destin is a beautiful, peaceful community.

Destin, Florida has a nice blend of permanent residents and visitors who have very sophisticated tastes. These types of clients appreciate the quality and value of Restoration and help fuel local NNN Commercial Real Estate. The retail shopping center,Silver Sands Factory Stores, is located just east of Destin. This retail shopping center contains over 100 factory direct stores and approximately 465,079 square feet of retail space. This net-leased retail space is filled with designer merchandise at up to 75% off the retail price.

Restoration Hardware feature textiles, bath hardware, lighting, bedding and home decor with great gift ideas. The net-leased tenant, Restoration Hardware will have 40% to 90% off the original price at the Outlet. Restoration Hardware does offers upscale home supplies at an affordable price with fine quality. Restoration Hardware currently operates more than 100 retail stores and outlet store locations in the United States and Canada. Restoration Hardware was founded nearly 30 years ago and has become one of the leading purveyors of fine home furnishings and various materials that were found in old-time hardware stores.

Some NNN Commercial Real Estate investors wonder what to do with vacant retail space. In Destin there as an empty shopping center and an Investor had a vision. This NNN Commercial Real Estate investor wanted this property to become the nation's largest designer outlet center. Visionary commercial real estate developer Keith Howard began this project and took it to five phases for retail net leases. Keith Howard saw long before Silver Sands Factory Stores 1992 opening that there was a tremendous potential to capture an exploding market of shoppers, along Florida's soon to be discovered and loved Gulf Coast. We congratulate the Commercial Mortgage Lenders for seeing the potential of this area.

The Florida Gulf Coast Retail Shopping Center has nearly seven million visitors a year shopping there. Retail foot traffic can browse such distinguished designer stores as Coach Factory, Polo Ralph Lauren Factory Store, Banana Republic Factory Store, Ann Taylor Factory Store, Sony, Brooks Brothers Factory Store, Bose, Tommy Hilfiger, Nike and Reebok. There are plenty more to shop at and some exciting restaurants. This impressive collection of true designer names makes Silver Sands a very popular and favorite shopping destination for many People.

Now the Howard Group is a leader in emerging retail trends and mixed-use Town Centers. The commercial real estate company, Howard Group continues to set the industry bar for exceptional commercial real estate developments on Northwest Florida's Gulf Coast. In all of Howard's development projects, ranging from upscale residential communities to commercial parks and retail ventures, he sees that aesthetics and community appeal are maintained. This strategy is particularly noticeable at the retail shopping center, Silver Sands Factory Stores. This Retail Shopping Center offers a particularly inviting shopping atmosphere with the conveniences. This Retail Shopping Center has plenty of parking and covered walkways that allow shoppers to leisurely tour the commercial property.

We have NNN Commercial Real Estate Buyers for retail properties, and need 1031 Exchange property replacements. Contact Net Lease Properties to sell your net lease properties or purchase NNN Investment Property.

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