NAI Realvest CEO Patrick Mahoney announced that Mary Frances West, CCIM has been promoted to Senior Vice President. 

Mary Frances West focuses primarily on office and industrial landlord and tenant representation.  Mary Frances is well known and valued for her work ethic and integrity.  As a result, she has an outstanding record of retaining her clients long-term.  She has represented some landlords for well over 20 years, which is rare in the commercial real estate industry.   

Mary Frances has closed deals for several million square feet of space and is regularly named a Monthly Top Producer at NAI Realvest.    

"Mary Frances’ dedication and drive are showcased by the number of transactions she closes. Her ability to maintain long-term relationships with her clients is a key factor in her success" said Patrick Mahoney, CEO.  “She richly deserves this promotion.” 

Miller Construction Company, a statewide, privately-held construction firm, has started work on a $20-million custom manufacturing plant in Ocala for Boyd-Mox Development LLC, in partnership with WBS Equities.

Delivery of the 148,605-square-foot project at 2399 NW 35th St., for Antebellum Manufacturing, LLC, is expected to be completed early next year.

Miller’s preconstruction process and inspection revealed three sinkholes that posed a problem on-site. The team quickly devised a solution and used pressure grouting to create a structurally sound subgrade to support any building on the site. The process solidifies the earth by pumping filler into empty spaces. Grout is delivered first to the lowest unstable level, allowed to set, and then applied in layers up to the construction level.

“We devoted special time and care to ensuring the subgrade was solid, giving our client peace of mind during construction,” said Brian Sudduth, President of Miller Construction. “We have previously worked with Boyd-Mox and are excited to deliver this project in Ocala and continue our strong relationship.”

When completed, the build-to-suit manufacturing facility will have tilt walls reinforced with structural steel supports. Inside, the structure will be equipped with 53 columns, spaced 54 by 50 feet apart that will support the 32-foot clear-height ceiling. The building will have eight loading docks and 96 parking spaces.

“We continue to contract with Miller Construction because of its professionalism and on-time project delivery,” said Boyd-Mox Development CEO Rachel Gibbs. “We feel confident in the team and their ability to solve any issues that may arise during the construction process.”

Antebellum Manufacturing has outgrown its current building and is excited to move into the new build-to-suit facility. The new set up will allow for more efficient movement of materials, an ease of management and a better environment for employees.

“With this project, the People of Antebellum Manufacturing, LLC will be able to quadruple our capacity while increasing efficiency at a massive scale,” said Chris Boyd, CEO of Antebellum Manufacturing. “In an ever-changing market, we have found that domestic manufacturing with domestic materials is experiencing a bit of a renaissance and this new facility puts us in the front seat to take advantage of that.”

The project teams include Horton, Harley & Carter (architecture), Colwill Engineering (MEP), Richard Adams Engineers & Consultants (structural) and Kimley-Horn (civil).

JLL announced the appointment of Nathan Eissler as Executive Vice President in the company’s Central Florida office.

Eissler, who joins JLL from Avison Young, brings more than 14 years of experience in commercial real estate, specializing in office tenant representation. Based in Orlando, Eissler has completed over 700 transactions throughout the region and has built a reputation for delivering exceptional results for his portfolio of clients.

In his new role at JLL, Eissler will leverage his extensive knowledge of the Central Florida office market and his deep expertise in office tenant representation to drive growth and strengthen JLL’s office tenant representation services in the region. His addition is part of JLL's continued commitment to expanding its tenant representation platform and enhancing its office brokerage team in the Central Florida market.

“We are thrilled to welcome Nathan, or Nate as many know him, to our team of real estate professionals serving Central Florida,” said LaShawn Bates, JLL’s Executive Director of Brokerage for North and Central Florida. “Nathan’s successful track record, his strong relationships across the local market, and his ability to navigate complex office leasing transactions will make him a valuable asset to our team. His proven market knowledge and leadership will help us continue to provide strategic counsel and real estate solutions to meet the evolving office space needs of businesses in Central Florida.”

While Eissler has built a distinguished career by helping clients secure optimal office space solutions, his  success goes beyond his transactional achievements. He is deeply involved in the commercial real estate community, serving in leadership roles including as past president of the CCIM Central District Chapter, a NAIOP Central Florida board member, and NAIOP Central Florida case competition chair. He is also a Society of Industrial and Office Realtors (SIOR) designee, recognizing him as one of the top brokers in the industry.

A graduate of the University of Central Florida, Eissler is committed to giving back to the community through mentoring, industry involvement, and supporting the next generation of real estate professionals.

“I am excited to join JLL and build upon my extensive experience and network in office tenant representation to provide innovative solutions  to our business clients  across Central Florida,” Eissler said . “JLL’s collaborative culture, entrepreneurial spirit, and client-centric approach were key factors in my decision to join the firm and I look forward to contributing to our team’s continued success over the years to come.”

 

Cushman & Wakefield arranged the $15,200,000 sale of Northpark Commerce Center, a three-building light industrial commerce park totaling 148,882 square feet in Orlando.

Rick Colon, Rick Brugge, Mike Davis, and Dominic Montazemi of Cushman & Wakefield represented the seller, HH NorthPark Commerce LLC, in the transaction. The property was acquired by Greg Zeifman of Z Asset Management Corporation.

“Northpark Commerce Center featured a diversified mix of suite sizes, loading options, and product type, including retail space with frontage along a highly trafficked hard corner. This offering was well received by the market and generated substantial investor interest,” said Colon, Senior Director at Cushman & Wakefield.

Northpark Commerce Center was built in 1985 and 90% leased at the time of sale by a diverse group of tenants in the healthcare, insurance, financial services, and entertainment industries. The property consists of three buildings located at 6325, 6333, and 6363-6377 N Orange Blossom Trail with features such as a mix of grade-level and dock-high loading; suite sizes ranging from 1,000 to 80,000 square feet; and a variety of space types that appeal to industrial, retail, and office users.

Located 3.5 miles from I-4 and directly off U.S. Route 441, Northpark Commerce Center is also strategically positioned within the Apopka/Silver Star submarket, surrounded by numerous densely populated commercial projects and residential neighborhoods.

 

JLL announced that Pennsylvania-based PeopleOne Health has selected the firm to spearhead leasing efforts for the healthcare company’s expansion plans into the Florida market. PeopleOne Health has opened three new locations in the Central Florida area this year, with two additional locations slated to open by the end of this year.

The JLL brokerage team of Managing Director Lucia Hedke and Associate Justin Simakas handled all lease transactions for the company.

PeopleOne Health was founded with a simple notion – to keep people healthier. Funded by employers, the model delivers a wide range of prevention and treatment services for both physical and mental health needs. Led by top-tier doctors, their medical care teams focus on each member and guiding them towards a happy, healthier life.

"Orlando is experiencing a significant rise in demand for innovative healthcare solutions, making it a pivotal market for healthcare companies looking to expand into the Sunshine State,” said Lucia Hedke, JLL Managing Director. “PeopleOne Health's commitment to delivering personalized, accessible care aligns with the evolving needs of the Central Florida community, which continues to grow and is made up of a significant aging population.”

PeopleOne Health tackles rising healthcare costs by emphasizing preventive care, which minimizes the need for costly procedures, medications, and chronic condition management. Fully employer-funded, it provides employees with personalized care from top healthcare professionals, with no copays, deductibles, or coinsurance. This approach not only ensures quality care without financial barriers but also helps employers attract and retain talent while cutting healthcare costs by up to 30%. PeopleOne Health focuses on partnering with forward-thinking employers and establishing centers in underserved areas, where access to quality primary care is limited.

"Our expansion into new locations is not just about growth; it's about our commitment to revolutionizing healthcare delivery,” said Dean Hatcher, President of PeopleOne Health. “We believe that everyone deserves access to high-quality, affordable care that prioritizes their wellbeing. By extending our reach, we can empower more individuals with the tools and support they need to lead healthier lives. Our mission is to create a healthcare system that works for people, and this expansion is a vital step in making that vision a reality."

RosenCare, established by Harris Rosen of Rosen Hotels and Resorts, is partnering with PeopleOne Health in their expansion efforts in Florida. The partnership’s first two locations included a collaboration with local public entities offering primary care, pharmacy, and mental health services to the tens of thousands of employees and their families of Putnam County Government and Orange County Public Schools, respectively.

In its initiative to open in healthcare deserts, PeopleOne Health’s inaugural Florida health center opened earlier this year in rural Palatka, FL, located at 6100 Saint Johns Ave, which quickly attracted close to 400 members from the Putnam County Government (a 30% enrollment rate). Its latest health center opened at 207 W. Gore Street in Orlando in September to serve employees of Orange County Public Schools, occupying 2,500 to 5,000 square feet of space.

Additional Orlando-area health centers will open later this year, impacting thousands of lives. Locations include:

• 5840 W. Colonial Drive
• 7350 Sandlake Commons Blvd.
• 5449 S. Semoran Blvd.

According to JLL’s Q1 Medical Office Building Report, the market has recorded positive absorption for the last five years showing signs of consistency and strong tenant demand. Population growth and an aging demographic are significant factors behind Orlando’s thriving healthcare sector. As the population ages, there is a rising demand for specialized medical care and facilities. Additionally, Orlando's status as a major tourist and hospitality destination are also contributing factors highlights the importance of an increasing need for medical services.

Congratulations to CFCAR Annual Sponsor Chris Cucci, CCIM, EVP | Chief Strategy Officer, with Climate First Bank!

Climate First Bank was awarded Tearsheet’s Bank Lender of the Year for its exceptional growth and dedication to impact-driven finance.

Surpassing $850 million in assets in just over three years, it stands as the fastest-growing new U.S. bank since 2009.

Climate First Bank strategically invests in community initiatives such as renewable energy, affordable housing, and worker-owned cooperatives.

Through a partnership with OneEthos, the bank has originated over $150 million in solar lending within two years, setting a high standard in sustainable financing and filling critical market gaps left by larger institutions.

Source:  Tearsheet

Andrew E McCaw, Senior Vice President of Tenant Representation at NAI Realvest, represented Hatalom Corporation in the leasing of 11,094 square foot of office/flex space located at 12605 Challenger Parkway in Orlando.

Hatalom Corporation is a service-disabled veteran-owned small business that provides simulation solutions, software development, courseware development, engineering and IT services, game-based training, operations and maintenance support, and instructor services.

"Securing this space is a significant step forward for Hatalom Corporation as they expand their operations here in Orlando," commented McCaw. "This location is ideally suited to support their specialized services in simulation and IT, positioning them well for continued growth. We're proud to help them find the right environment to serve their clients."

ANNUAL SPONSORS

Colliers has arranged the $26.4 million sale of Volusia Square, a 193,923-square-foot shopping center located at 2455 W. International Speedway Blvd. in Daytona Beach.

Brad Peterson and Whitaker Leonhardt of Colliers represented the seller, Lamar Cos., in the transaction. Mosaic Realty Partners purchased the shopping center, which is situated less than 300 yards from Daytona International Speedway.

Volusia Square was 97.2 percent leased at the time of sale to tenants including Urban Air Adventure Park, Amped Fitness, Ollie’s Bargain Outlet and Restaurant Depot Express. Three retail outparcels were included in the sale, including two single-tenant buildings occupied by Buffalo Wild Wings and Arby’s and a multi-tenant building leased to Lenscrafters and Cava.

Source:  RE Business

Patrick Mahoney, CEO at NAI Realvest, announced that Andy McCaw has been promoted to Senior Vice President, Tenant Representation.

Andy McCaw’s vision in 2000 was to give every office tenant top quality representation without conflicts of interest or bias impacting their real estate options and decision process. He puts tenants at an even negotiating table with landlords and sellers. Not only does Andy represent clients when they move, but also helps them when they want to stay where they are.

“We represent them when they exercise an option, renew a lease, or sublease excess space,” he said. “Anything that has to do with office space that a tenant occupies.” Mahoney added, “Andy’s dedication to his clients has resulted in a substantial number of closed deals worth over $630 million to date. He has more than earned this promotion.”