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NNN Commercial Real Estate always tries to get a Non Recourse Loan when available. The Non Recourse Loan is excellent when purchasing a Triple Net Lease Property.

Westshore Business District activity in Tampa Bay

TAMPA, Florida - Triple Net Lease Properties would like to revisit this Business area in Tampa Bay. We feel this area is full of long term investments. This is a sample of a transaction in the past months.

The Westshore Business District has more activity as The PBSJ Corp. will relocate its Tampa office to MetWest One. This building is a LEED-certified office building, which was recently opened at MetWest International. The announcement comes from Taylor & Mathis of Florida.

The PBSJ Corp. is an engineering, architecture and construction company. They signed a long-term lease for 83,000sf starting in January 2010. The Westshore Business District location will serve as the company's headquarters. Taylor & Mathis Managing Director of Leasing, Angela Odell, negotiated the transaction on behalf of the owner, MetLife.

In 2006, PBSJ moved its headquarters to Tampa from Miami. They are currently located at Cypress Commons, 5300 W. Cypress Street. That Westshore building, which was constructed in 1985, is owned by Eola Capital LLC. This location is at the signalized intersection of W. Cypress St. and E. Frontage Road. Florida Commercial Real Estate is still a force. This Tampa Bay Market is ripe for Net Lease Property Investments.

Contact Net Lease Properties to sell your net lease properties, purchase NNN Property or 1031 exchange opportunities.

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

Net Lease Properties Ready For Funding From Ocean Bank

MIAMI, Florida - We at Triple Net Commercial Real Estate would like to re-visit an older story we did.
This may give you some ideas for Commercial Real Estate Financing. We also have some Mortgage Specialist we could recommend.

Ocean Bank has announced that it provided a loan of approximately $11.7 million to Elias and Jorge Kasabdji. The Kasabdjis are principals of Flagler 4100 Property LLC. The funds are for construction of a 144-room Best Western hotel which will be located at 4100 W. Flagler Street, in Miami.

Armando Martinez and Iliana Ivis Rodriguez were the Ocean Bank loan officers handling this timely transaction. Brian L. Fink of Catlin Saxon Fink & Kolski LLP, in beautiful Coral Gables, represented Ocean Bank in the deal. 4100 Property LLC was represented by Lawyer Roberto F. Fleitas of Fleitas & Bujan, in Miami.

Ocean Bank, founded in 1982, and is the largest independent, state-chartered commercial bank based in Florida. Despite having an out of the ordinary start in trailer offices, Ocean Bank has more than $4.6 billion in assets.

Ocean Bank currently has branch locations in Dade and Broward Counties.
We have found several Banks that are available as Triple Net Lease Properties.

Single Tenant Net Lease: Church’s Chicken corporate store

PINELLAS PARK, Florida - Net Lease Properties reports that a Church’s Chicken corporate store has been sold in Pinellas Park. The sale price was $615,000. The Pinellas County Real Estate is approximately 1,425 square feet.
A senior investment specialist in Marcus & Millichap’s Tampa office, had the exclusive listing.
Marcus & Millichap has more than 1,300 investment professionals in offices nationwide. Marcus & Millichap Real Estate Investment Services is one of the largest firm specializing in commercial real estate investment services.

Triple Net Lease Properties has invested in the Pinellas Park area. It is an affordable area and close to beautiful scenic beaches.

American Red Cross Leases Fort Myers Office Space

Net Lease Properties News

FORT MYERS - The American Red Cross has just leased 7,437 square feet of office space. Their location will be at 7001-11-51 Cypress Trace, Suites 109-113, in sunny Fort Myers.
They leased this property from NYFL Commercial Holdings LLC.
The American Red Cross, a humanitarian organization led by volunteers and guided by its Congressional Charter and the Fundamental Principles of the International Red Cross Movement, will provide relief to victims of disasters and help people prevent, prepare for, and respond to emergencies.

This location for Red Cross is approximately 33 miles to Naples, Florida. Triple Net Lease Properties has active Investors in the Naples area.

Commercial Real Estate
11420 U.S. Highway 1
North Palm Beach, FL 33408
(561) 707-7712‎

Beautiful Signalized Corner for SunTrust Bank

Net Lease Properties photo

A Signalized Corner for SunTrust Bank.
Triple Net Lease Properties of Florida enjoys BB & T Bank and Suntrust locations.

Lincoln Theater in Miami Beach has sold to Investors

News from Net Lease Properties

The historic Lincoln Theatre has been sold to a partnership led by Miami-based Savitar Realty Advisors.

The 38,000-square-foot mixed-use property, located on the Lincoln Road pedestrian mall, will likely be converted into retail stores. Triple Net Lease Properties of Florida, has had it's eye on this location to pounce on a deal.

The property consists of administrative offices, practice rooms and a 704-seat performance theater that has been occupied by The New World Symphony as its headquarters for the past 20 years.
“Lincoln Road is in the midst of a renaissance, and this space is in a fantastic location.

Originally built in the 1930s as a movie house, the Lincoln Theatre is positioned in the protected art-deco architectural district of Miami Beach and is listed as a protected historic site under the National Register of Historic Places. Located at 541 Lincoln Road, the property consists of administrative offices, practice rooms and a 704-seat performance theater that has been occupied by the New World Symphony as its headquarters for the past 20 years.

There was no mention of the sales price for this transaction.

Net Lease Funding & Search For Commercial Real Estate

If you feel this is the right time to invest in Commercial Real Estate, Multi-Family Apartment Buildings, or Triple Net Lease Properties then contact us, HERE. We can also assist you with your Commercial Real Estate Mortgage and Net Lease Funding to purchase a new property.

Oakleaf Town Center acquires new Tenants

Net Lease Properties News

JACKSONVILLE, Florida - Sembler Company is pleased to announce new retailers in the Oakleaf Town Center open-air shopping center in Jacksonville.
The specific location is at the intersection of Argyle Forest Boulevard and Old Middleburg Road near Brannan Chaffee Road.
The address is 9525 Crosshill Boulevard, Jacksonville, Florida, zip code of 32222.

New retailers include Eyes on Oakleaf, Dollar Tree, Bruster’s Ice Cream, and the University of Phoenix.
Oakleaf Town Center is an 750,000 s.f. open-air regional shopping center located in Duval County just west of Orange Park. Oakleaf Town Center is anchored by SuperTarget, Kohls and Home Depot and offers a main street element at the entrance.
Dollar Tree, SuperTarget and Kohls are some favorites of Net Lease Properties.

Commercial Real Estate Search & Non-Recourse Loans

If you feel this is the right time to invest in Commercial Real Estate, Multi-Family Apartment Buildings, or Net Lease Properties then contact us, HERE. We can also assist you with your Commercial Real Estate Mortgage and Non-Recourse Loan to purchase a new property.

Sunny Isles Apartment Building Sold

Prime location forNet Lease Properties

SUNNY ISLES BEACH, Florida - The 308-unit, Vista View Apartments sold for $31.25 million. The Buyer was Jamestown, a real estate investment and development firm with a home base in Atlanta. Jamestown actively pursues distressed residential and hotel opportunities that advance the firm’s strategic focus.
Jamestown firmly believes in the growth of the Miami submarket and the potential of Beach Place.
The Apartments are located at 17094 Collins Avenue in Sunny Isles Beach, Florida 33160.

Vista View Apartments is four buildings near Sunny Isles Beach. Jamestown will make renovations and upgrades over the next few years and continuing to operate the apartments under a fresh identity known as Beach Place.
Sunny Isles is close to the always exciting South Beach, Miami Florida.
This is not a Triple Net Lease Property opportunity but still a nice investment.

New Woof Gang Bakery in Estero

Triple Net Lease Properties News

Regency Centers has leased retail space at Shoppes of Grande Oak to Woof Gang Bakery.
This Company specializing in gourmet dog treats, pet care products, stylish boutique items and doggie spa products. Woof Gang Bakery has leased 1,200sf of retail space. Woof Gang Bakery is at 20301 Grand Oak Shoppes Blvd. in Estero.
Estero is about 2 hours and 20 minutes south of Tampa Bay, Florida.
This is not a typical deal that Net Lease Properties of Florida would buy, however it is a growing company.

The Estero Florida franchise owners of this store are residents Pam and John Borrisove. They share a passion for animals and a desire to educate customers about the importance of proper nutrition and all around care of pets.

Triple Net Lease Properties scours the Fort Myers and Bonita Springs areas for Net Lease Properties. The Woof Gang Bakery is about 4 miles from a CVS at 24800 South Tamiami Trail, in Bonita Springs, Florida. CVS are appropriate Net Lease Properties to invest in.

Wall Street Funding Group starts a Commercial division

Net Lease Property Financing

After servicing the residential market since its beginning, Wall Street Funding Group Commercial now provides unique financial solutions tailored to meet the needs of general business and real estate property owners through sophisticated Deal Structuring.
News coming in for Wall Street Funding Group Inc., a privately-owned mortgage company originally founded in 2004 by Gavin Susman, has undergone a major expansion with the establishment of a commercial division.

Triple Net Lease Properties has sources for Non Recourse Loans and various sources for Commercial Real Estate Mortgages.

Commercial Real Estate
11420 U.S. Highway 1
North Palm Beach, FL 33408
(561) 707-7712‎

SKY Sotheby's International Realty News

SKY Sotheby's International Realty is set to purchase approximately 33,000 square feet in Lion's Gate Development's Proscenium.
This project is a $1 billion, mixed-use project in downtown Sarasota.
The Sarasota-based real estate company will locate its world headquarters to this Building. It is anticipated to open in late 2010 or early 2011.
They are a full-service commercial real estate brokerage firm
specializing in all types of commercial real estate in Southwest Florida.

Net Lease Properties Contact Information

Commercial Real Estate
11420 U.S. Highway 1
North Palm Beach, FL 33408
(561) 707-7712‎

We will search for your next Net Lease Property Investment.

Homewood Suites by Hilton Opens Hotel in Port St. Lucie

Triple Net Lease News

PORT ST. LUCIE - Homewood Suites by Hilton has just announced the opening of the newest property in Port St. Lucie.
This Property is located at 10301 SW Innovation Way, near I-95.
The Hotel consists of a five-story building, 111-suites. It is owned by BBL Equinox @ Tradition LLC and is managed by BBL Hospitality.

It is close to other science clusters in Jupiter and Orlando, Florida.

Launched in 1989, the Homewood Suites by Hilton brand today has more than 280 hotels open with approximately 120 in the development pipeline. This would be a nice deal for Triple Net Lease Property Owners in Palm Beach.

Dizengoff purchases Florida Commercial Real Estate

The Dizengoff-Trading Group, which is an Israeli trading and real estate development company, has purchased Colonial Promenade Winter Haven, a open-air shopping center.
The Florida Commercial Real Estate is located at 303-399 Cypress Gardens Blvd. in Winter Haven. The purchase price was reported at $20.75 million.

This Strip Center has a Super Wal-Mart with a long term lease. Wal-Mart is a creditworthy anchor and creates high traffic for other tenants in the center, especially in this busy part of town. Additional national-brand tenants include Dollar General, Citi Financial, CiCi’s Pizza and Verizon Wireless.
Super Wal-Mart and Dollar General are highly desired for Net Lease Property Investments.

Dizengoff Group began its real estate activities in 1986 and has since earned a place amongst Israel’s leading real estate developers.
This Israeli real estate firm expanded to Boca Raton, in South Florida.

SIKON builds a new TooJay’s Deli in Plantation

PLANTATION, FLorida - A new TooJay’s Gourmet Deli was completed for by SIKON Construction.
This Florida Commercial Real Estate is located at The Fountains, at 801 S. University Drive in Plantation.
This is a 415,000sf shopping plaza with anchors by Marshall’s and Kohl’s.
Estimated at a cost of $1.2 million, for this 6,311 sf TooJay’s Gourmet Deli.
The project was designed by CPH Engineers Inc., of Sanford, Florida.
Kohl's are a Triple Net Lease Property is check out. We can assist you with some excellent Financing, possibly a Non Recourse Loan.

Commercial Real Estate
11420 U.S. Highway 1
North Palm Beach, FL 33408
(561) 707-7712‎

Net Lease Properties Email Here