Avalon Park Group to build an assisted-living facility

ORLANDO - Avalon Park Group has announced new plans to build a 25,000 square foot assisted-living facility. This facility will be developed at Avalon Park, just east of Orlando.
The architect and general contractor have not been announced yet.
Construction should commence in the early part of 2010.
This project will be built in downtown Avalon Park, across from the Publix supermarket.
If visiting Avalon Park be sure to check out East Orlando's only Farmers Market. It is held each week in Downtown Avalon Park. The market features Vendors such as Papa Gio's Produce, Davis Bakery, and more.
This is a good example of how Commercial Real Estate in Florida can produce income for you.

Huge Industrial Lease negotiated by Grubb & Ellis

TAMPA - A long-term sublease renewal of 12,000 square feet, was negotiated by Grubb & Ellis|Commercial Florida. The property is in the industrial center, at 9302 Florida Palm Drive, in Tampa.
Jan Boltres and Michael Scott, principals and senior vice presidents at Grubb & Ellis|Commercial Florida, represented the sublessor, Qwest Communications Company of Denver.
The tenant is Tampa-based Office Pavillion, of South Florida.

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Northmarq secures $21 Million for DRS Optronics

TAMPA - Senior vice president of NorthMarq Capital’s, Tampa regional office (NorthMarq), Robert Hernandez, has arranged a construction loan in the amount of $21 million.
The loan is to benefit DRS Optronics, in Melbourne.
DRS Optronics occupies the building and the loan proceeds will be used to renovate the original building and expand. The expansion will practically double up the current space to a total of 281,458 sf.
Sutton Properties is the borrower with terms of financing based on an 18 month interest-only loan which will be followed by a 42 month extension.
Northmarq Capital has one of their many offices at 1 Tampa City Center, in Tampa Bay.
"Florida Commercial Real Estate" has plenty of fantastic deals.
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Bouchelle Island, New Smyrna Beach Condo project

NEW SMYRNA BEACH - Construction on 60 Condominiums will commence on Bouchelle Island. The DiMucci Companies, the developer for this project, which will overlook the gorgeous Intracoastal Waterway of Florida.
The DiMucci name has meant expert craftsmanship and superb attention to detail in the construction of beautiful buildings. The DiMucci name has been into developing since 1935.
DiMucci Companies have an office at 423 Bouchelle Drive, for New Development Sales, in New Smyrna Beach.
The New Smyrna Beach condos will be priced from the $180,000s to more than $300,000.


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$40 Million Sale for Apartment Complex in Boca Raton

Boca Raton, Florida - The Net Lease Properties news was thin today so we want to report on another passion, investing in select Apartment Buildings. We want to report that a section of LSR Group has acquired the Arbor Oaks Apartments. This beautiful Florida Apartment Complex is a 360 unit luxury garden apartment community. One of the plus points is that this investment property can be found in exclusive Boca Raton. This is one of the most desirable locations in Florida as it sits in southern Palm Beach County. Recent property tax records had valued the Florida Investment property near $35 Million.

Boca Raton Florida Real Estate

Although not a triple net leased property this investment is made up of one, two and three bedroom flats and town homes. The Investment Property purchase price was $111,111 per unit. This is a great deal for both Buyer and Seller as it came out to $40 Million for the Investment. The Arbor Oaks is out in west Boca Raton, just east of U.S. 441 also known as State Road 7. It encompasses nearly 28 acres, south of Glades Road. This area of Glades Road is a well established and is not far from one of the best Malls in America, the Town Center at Boca Raton. Also nearby is the signalized corner at Glades Road and State Road 7 which has Movie theatres, a Borders book store and many well known stores. Nearby is the original Cheap Car Insurance Quotes office for obtaining the cheapest car insurance quotes in the Country. There is plenty of desirable NNN Commercial Real Estate in this section of Florida.

Investment Property in Florida

The Boca Raton Investment Property is in an exceptional location in Boca Raton and around a half hour drive from the West Palm Beach International Airport. This Investment Property is just a short trip from major freeways, and the tony Palm Beach island. The Tenants at this Investment Property can find employment from West Palm Beach, Fort Lauderdale and other nearby communities. Arbor Oaks is positioned nearby the West Boca Medical Center, Florida Atlantic University and Lynn University. If the Tenants at this Investment Property need to use a different approach for International travels, they can have a short 30 minute drive to the Fort Lauderdale Airport.

The Investment Property Tenants are nearby many areas for shopping and all types of dining, golf and country clubs. The Boca Raton Investment known as the Arbor Oaks reflects the resort lifestyle that many People search for in Florida. This Florida Investment Property has plenty of amenities such as a high quality 6,457 square foot clubhouse that includes a study and business center.

Boca Raton Property For Sale

The Boca Raton Investment Property has a spa, beautiful pool, tennis court, indoor racquetball court, well equipped fitness center, and a playground for the kids. The Tenants leasing at this Florida Investment Property have access to a barbecue - picnic area also. On top of that, the Arbor Oaks encompasses a nicely designed man made lake, and supplies gated access and there are a few private garages for occupants.

LSR Group is a Montreal based commercial real estate company. This Investment Group seeks multi-family real estate developments for growth. This Commercial Real Estate Company also exists as a management company and has operations in Canada and in America.

NNN Commercial Real Estate Action brewing in Tampa's Westshore area

Tampa Bay, Florida - Our Net Lease Properties news today is from Hillsborough County in Florida. The Tampa Bay, St, Petersburg and Clearwater Florida are excellent locations to check for NNN Commercial Real Estate. The Net Lease Properties team sees that the Westshore area has a great deal more action brewing.

A Commercial Real Estate Company, CB Richard Ellis, has recently announced the sublease of 25,127 square feet of space. The NNN Commercial Real Estate in Tampa Bay is being leased to Walter Investment Management. This net lease property is located at the Bayport Plaza in Tampa’s Westshore area for NNN Commercial Real Estate. Apparently CB Richard Ellis represented MMA Financial for their sublease written agreement.

The Hillsborough County net leased property is situated close to so many important businesses in the Tampa Bay area. There are many Net Lease Properties specialists who consider Florida Life Insurance and NNN Property as going hand in hand with investing. This Commercial Real Estate in Florida was a two time winner of an exclusive Commercial Real Estate award. This Tampa Bay NNN Commercial Real Estate won the BOMA Building of the Year twice.

This Net Leased Property in Tampa Bay has a State of the art fitness center to keep tenants in shape. Then after the workout at the Fitness center the Net Leased Property has fine dining and casual dining nearby. Just a few of these Tampa Bay dining establishments are four convenient restaurants such as the Bayside Café, Petey Brown’s, Oystercatchers & Armani’s.

This NNN Commercial Real Estate also has a Florist and hair salon. The Net Lease properties tenants have 24 hour access with a parking ratio of 4 cars for every 1,000 square feet. This Tampa bay Net Leased Property has covered parking and On site professional property management.

The Florida NNN Commercial Real Estate is situated at 3000 Bayport Drive, in Tampa Bay. This Net Leased property has the Florida Zip Code of 33607. The NNN Property is to be found within the prestigious Westshore submarket with quick and easy access to a major freeway, I-27, This NNN Property also has easy access to, Courtney Campbell Causeway - SR 60 along with the Veterans Expressway. This NNN Commercial Real Estate is in addition next to the Grand Hyatt Tampa Bay and just a few minutes coming from the Tampa International Airport. The Hyatt Hotel shuttle service has a ride ready every 30 minutes to the Tampa International Airport which in itself easy to maneuver around.

The Bay Shore Plaza NNN Commercial Real Estate also offers gorgeous panoramic views of Old Tampa Bay and the breathtaking Westshore’s skyline. Although it is not a NNN Lease property on a corner in Palm Beach County, none the less it is an excellent NNN Investment.

Contact Net Lease Properties to purchase or sell NNN Lease Investments. Also Loanrise.com has excellent rates on CTL Financing and Commercial Loans.

Sub-Lease available at Franklin Templeton Center

St. Petersburg - The Franklin Templeton Center has some unbelievable space available for Lease. It is located in St. Petersburg, just west of the 275 Bridge from Tampa Bay.
The location permits easy access to St. Petersburg, Tampa or Clearwater.
Office space can be leased on the 5th floor or 2nd.
The Building has On-site Management, a fitness center and conference rooms available for Tenants.
Feel free to contact us for more information.

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