Real Estate News

Crossman & Company Completes Lease Agreements for nearly 25,000 Square feet of Retail Space

15:59:19 | 04/05/2011 - Source:

ORLANDO, Fla. --- Crossman & Company, one of the largest retail leasing and management firms in the Southeast, recently closed three new long-term lease agreements for retail space totaling 24,914 square feet in Casselberry, College Park and Clermont. Courtney Kowalchuk, vice president of leasing at Crossman & Company negotiated the transactions and she represented the landlords at the retail facilities. Kowalchuk represented Greater Properties Inc. in a seven-year renewal agreement with Planet Fitness for 18,900 square feet in Greater Marketplace II at Sausalito Blvd. and S.R. 436 in Casselberry. In College Park, Citation 35, LLC d/b/a iStudio Salons leased 4,740 square feet for 10 years at 2211 Edgewater Drive. Kowalchuk represented Princeton Center, LLC. and Scott Corbin of Colliers Arnold represented the tenant. Titan Enterprise, LLC d/b/a Clarity Salon and Day Spa is the new tenant who leased 5,304 square feet for five years at 15701 SR 50 in the Gateway Center in Clermont. The tenant was represented by Karen Wentzell of Schmid Properties. About Crossman & Company: Crossman & Company is one of the largest third-party retail leasing and management companies in the Southeast with over 16 million square feet under leasing and/or management. Founded in Orlando in 1990, Crossman & Company is a full service commercial real estate firm that advises its clients in leasing, management, development and investment sales of retail and office properties and serves clients including Publix Super Markets, Inc., Lake Nona, PREIT, and LaSalle Investment Management. Please visit www.crossmanco.com, or call 407-423-5400 for more information.

Good money after bad

15:54:48 | 04/05/2011 - Source: Deseret Morning News

For the millions of mortgage holders whose mortgage obligations exceed the current value of their property, it must be terribly disconcerting to realize that there is no straightforward way to repeal the law of supply and demand.

Henin's Riviera Bella in Debary Wins Major Award for Best Master-Planned Community

15:29:23 | 04/05/2011 - Source:

DeBary, Fla. --- Riviera Bella, the unique gated luxury community the Henin Group is developing on the St. Johns River in DeBary, won a Merit Award as one of Central Florida's best Master-Planned Communities during the Metro Orlando Home Builders Association's 2011 Parade of Homes recently. Roger Van Auker, vice president of site development at Riviera Bella, said he was pleased with the recognition. "The Parade of Homes brought hundreds of visitors to Riviera Bella to tour our showcase homes," Van Auker said. With a distinctive Mediterranean design, Riviera Bella's three villages offer a wide range of choices for home buyers, from maintenance-free living at Villagio to family-friendly floor plans at Mediterra to unique and awe-inspiring custom luxury homes at Riviera Estates. Van Auker also said paving is nearly completed, at a cost of more than $200,000, on a new alternate route into the community, which will link Riviera Bella to the Heathrow/Lake Mary area in minutes, as well as through to the new soon-to-be-completed DeBary Sunrail station linking to Orlando and Winter Park. The amenity-rich community is located off Fort Florida Road, three miles west of the Highbanks-U.S. Hwy 17-92 intersection in DeBary. Visit www.RivieraBella.com.

Stirling Sotheby's International Realty Forms Alliance with HomeOwnersPlaybook.com

14:58:46 | 04/05/2011 - Source:

ORLANDO, Fla. --- Stirling Sotheby's International Realty has formed an alliance with HomeOwnersPlaybook.com, a web-based directory of home owner goods and services that provides a highly detailed, localized one stop resource for home owners searching for everything from landscaping to interior décor to roofing solutions. Roger Soderstrom, founder and owner of Stirling Sotheby's International Realty, said homeownersplaybook.com is a production of Biz Simplistics, Inc. headquartered in Orlando and Birmingham, Ala. "Homeownersplaybook.com offers Central Florida home owners instant access to detailed information about providers of goods and services every home owner needs at some time, from plumbing and electrical to emergency restoration in the event of a disaster," Soderstrom said. Soderstrom said Stirling Sotheby's new alliance with the Biz Simplistics offers Stirling Sotheby's clients powerful new web resources that will save them many hours of time researching providers, pricing and credentials. "Today, home owners are smarter, more discerning and more demanding," Soderstrom said. "The yellow pages just don't provide the sort of information the average home owner wants to know before contacting a service or provider," he explained. Visit http://www.homeandlifestyleservices.com/

Crossman & Company Completes Three New Leases at Hampton Lakes Commercial Center in Tampa

14:46:04 | 04/05/2011 - Source:

TAMPA, Fla. --- Crossman & Company, one of the largest property management and leasing firms in the Southeast, recently completed three new lease agreements totaling 3,065 square feet at the Hampton Lakes mixed-use commercial center located at 13016 Race Track Road in Tampa. Leasing Associate Tracy Harrison negotiated all three transactions representing the landlord Hampton Lakes. T-Mobile is the new tenant who leased 1,300 square feet of retail space for five years, Sneak-a-Peek 4D Baby Boutique signed a five-year lease for 1,100 square feet and Classic Concepts signed a two-year office lease for 665 square feet. About Crossman & Company: Headquartered in Orlando, Florida, Crossman & Company is a commercial real estate brokerage firm that specializes in the retail industry. Currently their portfolio under leasing and/or management exceeds 150 shopping centers throughout the Southeast US. Founded in 1990, Crossman & Company focuses solely on landlord representation and serves clients including Publix, PREIT, and GE. Please visit www.crossmanco.com, or call 407-423-5400 for more information.

Kate can get a princess tips from Dutch royal

13:49:52 | 04/05/2011 - Source: KLTV Tyler

Plucking lice from schoolchildren's hair may not seem an obvious way to win the heart of a nation, but it worked for the Argentine-born ex-investment banker who will be the next queen of the Netherlands.

Kate can get princess tips from Dutch royal

13:49:51 | 04/05/2011 - Source: KLKN

Plucking lice from schoolchildren's hair may not seem an obvious way to win the heart of a nation, but it worked for the Argentine-born ex-investment banker who will be the next queen of the Netherlands.

Cedar Shopping Centers selling 5 area sites anchored by Discount Drug Marts

11:44:57 | 04/05/2011 - Source: American City Business Journals

Five Discount Drug Mart -anchored shopping centers in Central Ohio are changing hands as part of a planned sale of 17 retail sites by Cedar Shopping Centers Inc.

Cerberus and Chatham Lodging Trust Win Auction to Acquire Innkeepers Assets

07:35:23 | 04/05/2011 - Source: KOTA Television

SOURCE Cerberus Capital Management, L.P. NEW YORK and PALM BEACH, Fla. , /PRNewswire/ -- Cerberus Capital Management, L.P. and Chatham Lodging Trust announced today that a joint venture formed by Cerberus and Chatham was selected as the winning bidder in the bankruptcy court auction related to 64 Innkeepers USA Trust hotels.

Price drop: Borders corporate headquarters in Ann Arbor now for sale at $10 million

03:20:48 | 04/05/2011 - Source: Flint Township/Swartz Creek Advance

How much is one of the largest office buildings in Ann Arbor worth? The answer for 100 Phoenix Dr.

Demolition Porn: Berkeley: Mr. Kapor, 4th Horseman, Builds His Dream House

01:11:01 | 04/05/2011 - Source: Curbed

Demolition begins at 2707 Rose Street [Photo Credit: Jason Strauss via Berkeleyside ] In classic Berkeley fashion, there's been a brush fire raging over Freada Klein and Mitch Kapor's plans to build a new house on Rose Street, and this week demolition began on the dilapidated 1920's house that stood in the way.

What it Sold For: Massive Lake Forest Estate Sells for $5.5 Million

23:11:13 | 03/05/2011 - Source: Curbed

A few months ago, a tipster noticed that this enormous 10,500-square-foot home in Lake Forest had gone under contract .

Guide To Responsible Waterfront Homeownership

19:00:36 | 03/05/2011 - Source:

Responsible home ownership is knowing that you can handle both the maintenance issues as a home owner and being able to maintain your payments at the same time. Read More: Guide To Responsible Waterfront Homeownership

Fort Myers real estate agent gets 2 years in prison for failing to pay taxes

17:02:05 | 03/05/2011 - Source: BonitaNews.com

A federal judge sentenced a Fort Myers real estate agent on Tuesday to 24 months in prison for failing to pay $1.6 million in taxes.

Home staging tips: Part Two

17:02:04 | 03/05/2011 - Source: Canada.com

So, you are about to put your home on the market, but you wonder how it is going to stand out against similar ones for sale.