Virginia Avenue Plaza, located at 800 Virginia Avenue in Fort Pierce, has sold. The 53,000- square-foot neighborhood shopping center, previously owned by H & H, LLC, was sold to Virginia Plaza, LLC.
The property was listed for just three months before being placed under contract and closed within 45 days. Nikolaus M. Schroth of NAI Southcoast represented the seller and Bryan Grunbaum, also of NAI Southcoast, represented the buyer in the transaction.
The new owners have been locally involved in commercial properties for more than 30 years. NAI Southcoast, who has managed, leased and brokered commercial properties on the Treasure Coast for more than 30 years, will handle the management and leasing for the shopping center.
Spaces are available for lease. Please contact Bryan Grunbaum at 772-286-6292 for additional information.
Tuesday, April 3, 2012
Thursday, March 29, 2012
VM Ironworks and Structural Steel Corp purchases warehouse space in Palm City
VM Ironworks and Structural Steel Corp. in
Palm City recently purchased the 4,784-square-foot warehouse space located at
2170 SW Poma Drive in Palm City, Fla. First Citizens Bank/Ironstone Bank/Neuse,
Inc. sold the property for $175,000. Boyd Bradfield, President of NAI Southcoast,
brokered the sale.
The company manufactures structural steel and
miscellaneous ironwork, such as beams, columns, bar joists, decks, gates,
railings and staircases.
Vice President Darren Marzella said he plans
to use the space as a fabrication plant.
Centerline Utilities, Inc. purchases warehouse space in Palm City
Centerline Utilities, Inc., a site contractor based in Jupiter, recently purchased the 4,784-square-foot warehouse space located at 2180 SW Poma Drive in Palm City, Fla. First Citizens Bank/Ironstone Bank/Neuse, Inc. sold the property for $315,000. Boyd Bradfield, President of NAI Southcoast, brokered the sale.
Centerline Vice President Freddy Chesney said he plans to relocate corporate headquarters from Jupiter to the Palm City space to stay ahead of the market.
“Our business is site development, and we see it pushing north in the next five to 10 years,” he said.
Centerline Vice President Freddy Chesney said he plans to relocate corporate headquarters from Jupiter to the Palm City space to stay ahead of the market.
“Our business is site development, and we see it pushing north in the next five to 10 years,” he said.
Tuesday, March 20, 2012
Kissimmee-based coffee company to open second location in Downtown Stuart
 |
| Civitas Place |
Tim
Majors, President of Quokka Coffee, is an Australian and a former attorney.
Majors launched a successful retail educational business across Australia and
then sold it to a private equity firm in 2007.
“Stuart
is the perfect fit for our brand,” Majors said. “It’s a great town, and our
concept, we hope, will only add value to the community. We look forward to being
an active and valued member of the business community.”
For
more information about Quokka Coffee, go to www.quokkacoffee.com.
NAI Southcoast is the
oldest Commercial and Industrial Realtor in the Stuart and Treasure Coast
marketplace. As such, it is uniquely qualified to maximize the marketing of
quality commercial, industrial and investment properties.
For more information about NAI Southcoast,
please visit www.naisouthcoast.com.
NAI Global is the
world's leading managed network of 5,000 professionals, 325 offices in 55
countries. Since 1978, our clients have built their businesses on the power of
our expanding network. NAI Global’s extensive services include multi-site
acquisitions and dispositions, sublease, tenant representation, lease
administration and audit, investment services, due diligence and related
consulting and advisory services. To
learn more, visit www.naiglobal.com.
Tuesday, February 21, 2012
NAI Southcoast Professionals Attend 2012 NAI Global Convention
NAI Southcoast President Boyd Bradfield, Jr., Marketing Director Samantha Lee and Social Media Manager Amy Morris attended the 2012 NAI Global Convention in Las Vegas in early February.
The three-day event included keynote speakers Jeffrey M. Finn, President and CEO of NAI Global, and Andrew L. Farkas, CEO of C-III Capital Partners, LLC. C-III recently added NAI Global to its portfolio of real estate service providers.
The speakers talked about NAI Global‟s unique position to become the premier company in the real estate industry by combining C-III‟s formidable asset base and resources, proven track record and vast expertise with NAI Global‟s broad reach, depth of market knowledge, customer-centric service and business savvy.
Bradfield attended breakout sessions that focused on the long-term goals and the near-term opportunities for NAI Southcoast, as well as the direction of the global economy. Though the South Florida commercial real estate market saw signs of stabilization in 2011, it appears that it may take another five to seven years to fully recover as a result of loans coming due and the lack of replacement capital available.
“The convention provided a snapshot of how different offices, including ours, strengthened during this tumultuous economic period,” Bradfield said. “It also provided the opportunity to build relationships designed to secure new business and deliver superior service to our clients.”
Lee and Morris participated in in-depth marketing sessions that covered PR, layout and design, mobile and video marketing, blogs, QR codes, social media campaigns and more.
“This „Marketing Boot Camp‟ introduced us to new strategies and technologies that will help us be more creative and efficient,” Lee said. “We‟re already putting this knowledge to work on behalf of our clients.”
NAI Southcoast (www.naisouthcoast.com) represents NAI Global in Martin, St. Lucie and Indian River counties. It’s the oldest Commercial and Industrial Realtor in the Stuart and Treasure Coast marketplace. As such, it is uniquely qualified to maximize the marketing of quality commercial, industrial and investment properties.
Services include:
NAI Global (www.naiglobal.com) is the largest network of independent commercial real estate firms worldwide, comprised of over 5,000 professionals in 55 countries with more than 350 offices. NAI advisors work in tandem with our global management team to ensure our clients strategically optimize their real estate assets. NAI offices complete over $45 billion in combined transactions annually and manage 300+ million square feet of commercial space.
C-III is a leading commercial real estate services company engaged in a broad range of activities, including primary and special loan servicing, loan origination, fund management, CDO management, principal investment, title services and multifamily property management., who founded and was Chairman and CEO of Insignia Financial Group, Inc. (NYSE:IFS). Its principal place of business is located in Irving, TX, and it has additional offices in New York, New York; Greenville, South Carolina; McLean, Virginia; Chicago, Illinois; Dallas, Texas and Nashville, Tennessee.
The three-day event included keynote speakers Jeffrey M. Finn, President and CEO of NAI Global, and Andrew L. Farkas, CEO of C-III Capital Partners, LLC. C-III recently added NAI Global to its portfolio of real estate service providers.
The speakers talked about NAI Global‟s unique position to become the premier company in the real estate industry by combining C-III‟s formidable asset base and resources, proven track record and vast expertise with NAI Global‟s broad reach, depth of market knowledge, customer-centric service and business savvy.
Bradfield attended breakout sessions that focused on the long-term goals and the near-term opportunities for NAI Southcoast, as well as the direction of the global economy. Though the South Florida commercial real estate market saw signs of stabilization in 2011, it appears that it may take another five to seven years to fully recover as a result of loans coming due and the lack of replacement capital available.
“The convention provided a snapshot of how different offices, including ours, strengthened during this tumultuous economic period,” Bradfield said. “It also provided the opportunity to build relationships designed to secure new business and deliver superior service to our clients.”
Lee and Morris participated in in-depth marketing sessions that covered PR, layout and design, mobile and video marketing, blogs, QR codes, social media campaigns and more.
“This „Marketing Boot Camp‟ introduced us to new strategies and technologies that will help us be more creative and efficient,” Lee said. “We‟re already putting this knowledge to work on behalf of our clients.”
NAI Southcoast (www.naisouthcoast.com) represents NAI Global in Martin, St. Lucie and Indian River counties. It’s the oldest Commercial and Industrial Realtor in the Stuart and Treasure Coast marketplace. As such, it is uniquely qualified to maximize the marketing of quality commercial, industrial and investment properties.
Services include:
- Brokerage
- Corporate Services
- Acquisitions/Dispositions
- Investment Services
- Leasing Agency/Landlord Representation
- Tenant Representation
- Property & Facilities Management
- Market Analytics/Site Selection
- Appraisal/Valuation
NAI Global (www.naiglobal.com) is the largest network of independent commercial real estate firms worldwide, comprised of over 5,000 professionals in 55 countries with more than 350 offices. NAI advisors work in tandem with our global management team to ensure our clients strategically optimize their real estate assets. NAI offices complete over $45 billion in combined transactions annually and manage 300+ million square feet of commercial space.
C-III is a leading commercial real estate services company engaged in a broad range of activities, including primary and special loan servicing, loan origination, fund management, CDO management, principal investment, title services and multifamily property management., who founded and was Chairman and CEO of Insignia Financial Group, Inc. (NYSE:IFS). Its principal place of business is located in Irving, TX, and it has additional offices in New York, New York; Greenville, South Carolina; McLean, Virginia; Chicago, Illinois; Dallas, Texas and Nashville, Tennessee.
Monday, February 20, 2012
NAI Southcoast Participates in Executive Conference on Real Estate Workouts
Boyd Bradfield, Jr., President of NAI Southcoast,
attended the 2012 Information Management Network's Second Annual Florida Bank
and Financial Institutions Special Asset Executive Conference on Real Estate
Workouts. The event was held January 30-31 at the Westin Golf Resort and Spa in
Hallandale, Fla.
IMN is a New York City-based company that
produces 50 financial and 15 real estate conferences a year. These conferences
provide a forum for industry leaders to discuss critical real estate issues.
Bradfield joined a host of other top-level
executives to discuss topics relevant to the current commercial real estate
market, such as single asset versus portfolio sales, FDIC sales, selling assets
in a bankruptcy setting, selling to foreign buyers, collecting/enforcing
judgments, valuation/loss recognition/write downs and more.
“In regards to the current economy, this
gathering of financial and real estate professionals was very useful,"
Bradfield said. "We exchanged ideas and information that will clearly
benefit NAI Southcoast clients in the coming year."
About NAI Southcoast
NAI Southcoast
(www.naisouthcoast.com) represents
NAI Global in Martin, St. Lucie and Indian River counties.
It’s the oldest Commercial and Industrial Realtor in the Stuart and Treasure
Coast marketplace. As such, it is uniquely qualified to maximize the marketing
of quality commercial, industrial and investment properties.
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