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Showing posts from July, 2019

Crossman & Company Completes Shopping Center Sale

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ORLANDO  -- Crossman & Company, the Southeast’s premier retail leasing, property management and investment sales firm, has announced the sale of Summit Plaza II in a $2.8 million transaction. The 28,437 square foot center at 1015 State Road 436, Casselberry, Fla. was sold by Crossman & Company client MMI Development. Crossman & Company Managing Director Brian Carolan and Director of Brokerage Services Christie Alexander represented the seller. Summit Plaza II was 86 percent occupied with office and retail tenants at time of the purchase including Allstate Insurance, Palma Maria Restaurant and Aladdin’s CafĂ©. Suleiman Musallam of Lababidi Realty Group represented the buyer. MMI Development purchased Summit Plaza II in 2016, as part of a portfolio with the intent of redeveloping a portion into a free-standing Wawa.  The Wawa is currently under construction and the sale represents the successful execution of the seller’s original exit strategy. “The prop...

Homes Built by Owners Get Top Sustainability Ranking from Florida Green Building Coalition

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ORLANDO, Fla. - Two of Florida’s top Green homes were built by owners who served as their own general contractors. Mac McCarraher and Ken Old, both of Lake County, Fla., received Florida Green Building Coalition (FGBC) Platinum certifications for homes they planned and built themselves. Platinum certification is given to homes that achieve the highest level of sustainability for a Florida-specific climate.  FGBC was formed in 2000 and is the leading certifying agency for green building within the state of Florida, having just surpassed 19,300 projects, by far the largest certifier of green residential and commercial construction, residential communities and local governments in the state. “It was really an oddity for us, because most of the time we spend our time working with contractors,” said Ralph Locke, FGBC Designated Professional on the projects.  Locke is also chairman of the FGBC Education Committee. FGBC is dedicated to improving the built environment. Its ...

Community First Credit Union and North Florida Green Chamber Launch Green Loans Program

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JACKSONVILLE, Fla. – Community First Credit Union has partnered with the North Florida Chapter of the U.S. Green Chamber to launch the region’s only Green Chamber-endorsed Green Energy Loans program to fund commercial and personal projects that seek to improve the environment through lowering energy use and conservation. In 2018, $32 billion were invested in green loans across the U.S., but none were available in the Jacksonville area. These types of loans help people and businesses make improvements to homes and businesses that conserve energy and water use. Ultimately, loans like this make it easier to be green and reduce air pollution, save water and pursue renewable energy. “The North Florida Green Chamber and Community First Credit Union found there were no funding options in our market to make green/environmental improvements to homes and businesses,” said Christina Kelcourse, executive director of the local Green Chamber. “The Community First team went to work on creating...

Florida Green Building Coalition Announces Scholarship Recipients

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Scholarship recipient Alayna Delgado is a student at the University of South Florida, with Associate Professor George Philippidis and FGBC Executive Director C.J. Davila (left). ORLANDO - The Florida Green Building Coalition (FGBC), the leading certifier of green construction projects and a cornerstone of sustainability efforts in Florida, has announced the recipients of the FGBC Scholarship for post-secondary education. Sophia Corugedo , University of Florida. Alayna Delgado , University of South Florida. Jackie Noval , a student at South Broward High School,  will be attending Florida State University. Kendall Karcher , University of Central Florida. FGBC is dedicated to improving the state’s-built environment. Its mission is to lead and promote sustainability with environmental, economic, and social benefits through regional education, community outreach and certification programs. Showing a commitment to promote a state of sustainability, FGBC launched the statewid...