Real Estate News

A real estate group says home prices fell in eight out of every 10 U.S. cities in the third quarter of this year as heavily discounted distressed sales made up 30 percent of all deals.

ORLANDO, Fla. --- Courtney Kowalchuk, senior leasing associate at Crossman & Company, one of the largest third-party retail leasing and management firms in the Southeast, closed on 19 lease transactions that total 53,996 square feet of retail, office and warehouse space in Orlando, Winter Park, Deltona, Tampa.

TAMPA, Fla. --- Ashton Woods Homes recently started development a new phase with 35 home sites at The Landings located off Interbay and Westshore Blvds. in South Tampa

ORLANDO, Fla. --- Centex by Pulte plans to unveil the new Clarry floor plan at Sterling Meadows, located off S.R. 415 near the intersection of S.R. 46 and East Lake Mary Blvd. in Sanford.

ORLANDO, Fla. --- Cuhaci & Peterson Architects, LLC of Orlando’s Baldwin Park, was awarded the contract to design medical office interior improvements at the Lucerne Medical Plaza, located at 100 W. Gore St. in downtown Orlando.

Lonnie Peterson, chairman of Cuhaci & Peterson Architects, said the design contract was awarded by Halladay Properties.

CHARLOTTE, N.C. --- Mattamy Homes US Group, the U.S. division of Canada’s largest home builder, has acquired 67 homes sites with an option to acquire additional home sites at Hubbard Falls, located off W. Sugar Creek Rd. and Harris Blvd. in north Charlotte.

TAMPA, Fla. --- Grubb & Ellis|Commercial Florida, associated with 130 offices worldwide, recently completed a new lease agreement at 10329 Cross Creek Blvd. at the Cory Lake Isles Professional Center in New Tampa.

Richard Andretta, SIOR, vice president in the firm’s Office Group and associate Rob Turner negotiated the lease representing the landlord Cory Lake Isles Professional Center.

The tenant, Thompson Studios, a local fine photography firm, leased suite H with 1,250 square feet.

CHARLOTTE, N.C. --- Mattamy Homes US Group has appointed Randy Turkovics vice president of production in the Charlotte region.

Maitland, Fla. --- NAI Realvest has been selected as exclusive sales and marketing agents for a 78-acre commercial site located off Rt. 100 East of I-95 in Palm Coast.

Median prices for homes sold on Maui last month were down a little for single-family homes and up a little for condominiums on transaction volume that moved in the same direction.

A FOX 5 I-Team investigation uncovered allegations of a nationwide scheme by banks and mortgage companies to defraud U.S. military veterans.

Interested home buyers with exceptionally deep pockets have a chance to live in a sprawling Sonoma County residence that a Hall of Fame quarterback once called home.

Duke Realty Corp. said Monday its chief operating officer will leave the company at the end of the year.

TAMPA, Fla. -- Grubb & Ellis|Commercial Florida, associated with 130 offices worldwide, recently negotiated the purchase of three industrial buildings totaling 12,731 square feet on a 6.3 acre site in Tampa for $1,213,000.00.

ORLANDO, Fla. --- Cuhaci & Peterson Architects, LLC, based in Orlando’s Baldwin Park, has been awarded a contract to design a 62,350 square foot Publix anchored shopping center on Atlantic Blvd. in Neptune Beach in Duval County.

ORLANDO, Fla. --- Ashton Woods Homes has started construction of two new single family model homes and three move-in-ready homes at McCormick Woods, a gated community located on McCormick Woods Road off SR 429 in Ocoee

ORLANDO, Fla. --- ABD Development Company, which ranks as one of the largest and most active custom home builders in the Central Florida region, plans to introduce two new smaller, smarter luxury homes at Toscana, a gated luxury community located off Old Kings Road in Palm Coast in Flagler County.

TAMPA, Fla. -- Grubb & Ellis|Commercial Florida, which is associated with 130 Grubb & Ellis offices worldwide, recently negotiated a new lease for 2,022 square feet at 100 2nd Ave. South at the City Center in St. Petersburg.

Sean Kennedy, associate in the firm’s Office Services Group and Tom Kennedy vice president negotiated the transaction representing the landlord, Atlanta-based Behringer Harvard Real Estate Investments and the tenant, Café 100, a local fresh fast gourmet food restaurateur and caterer.

ORLANDO, Fla. – NAI Realvest recently negotiated two new lease agreements for a total of 4,453 square feet at South Park Business Center located at 8600 Commodity Circle in Orlando.

Tom Kelley CCIM, principal at NAI Realvest, brokered both transactions on behalf of the landlord, South Park, LLC of Miami and the tenants.

Orlando-based First Credit Commercial Capital Corp. leased 2,307 square feet of office space and PPT Strength & Conditioning, LLC of Orlando leased 2,146 square feet of flex space at the business center.

SOUTH DAYTONA, Fla. --- The Villages of Royal Palm, located in Port Orange, has introduced two new incentives to help homebuyers sell their former homes.