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

Tampa Heights Apartments closes at $3 Million

TAMPA - Tampa Heights Apartments, an 83-unit apartment property in Tampa, recently sold according to Marcus & Millichap Real Estate Investment Services.
The sale price of this Commercial Real Estate in Florida was $3 Million.
The Seller was a Private Investor and the Buyer was a limited liability company.
The Buyer was represented by Francesco P. Carriera, who is an investment specialist in Marcus & Millichap’s Tampa office.
The Property is located at 4817 Temple Heights.

"NNN Commercial Real Estate"

NNN Commercial Real Estate in Florida

Net Lease Properties News

Konover closes a Lease.

Recent news for Commercial Real Estate in Florida.
Deerfield Beach-based Konover South has announced that Pizza and Pasta Express recently signed a multi-year, lease. The lease is in Konover's Publix-anchored, Poinciana Place shopping center at U.S. Highway 192 and State Road 535 in Kissimmee.
The space being leases is approximately 1,609-square-feet.
Other major tenants in this Shopping Center are Smokey Bones Barbeque & Grill and Blockbuster Video.
This Property is close to 5 miles from Epcot Center.

Contact us for a Triple Net Lease Property to invest in.

Non Recourse Loan Information

Triple Net Lease & Apartment Building Non Recourse Loans

Recourse Loans get their name from the fact that lenders have the power. With a recourse Loan the Lenders are allowed to go after you for amounts that you owe, even after they’ve already taken the property.
A suggestion is to try for the Non Recourse Mortgage.
A Non-Recourse Loan has many benefits. With a Non Recourse Loan, you are only responsible for the collateral associated with the Loan/Mortgage. If you default on the Loan, you lose only the Property/collateral. If the value of the asset dropped during the period of the Non-Recourse loan, the difference between the value and the loan does not have to be re-paid. In that case, the lender would be responsible for the debt.
Also with a Non-Recourse Mortgage the borrower generally receives a better interest rate than most standard Commercial Real Estate Mortgages.
Many Commercial Real Estate Investors assume that the Non Recourse Loan is available only on Net Lease Properties with a Credit Tenant. We currently have Financial sources for Apartment Building Non Recourse Loans.

If you feel this is the right time to invest in a Net Lease property or an Apartment Building then contact us, at our Net Lease Properties Email. Net Lease Properties can also assist with your locating a Property.