Regions Southeast
Billion-Dollar Sales Team Moves Up at Flamingo South Beach
May 13, 2008

Miami-area real estate hotshots Eddy Martinez and Roland Ortiz, who recently established full-service real estate brokerage firm Worldwide Development Services, have been promoted to sales directors at the Flamingo South Beach condominium property. The Flamingo had been home to the Morton Towers apartment complex just a couple of years ago, and when work got underway on the redevelopment of the property, it was the largest condominium conversion undertaking in the country at that time, according to developer MCZ/Centrum. The complex features 1,688 residences on a 16.5-acre site along Biscayne Bay. Martinez and Ortiz previously held the respective positions of residential and pre-construction specialist, and pre-construction specialist agent with Majestic Properties before coming aboard the Flamingo team. Together, the two have sold nearly $1 billion in real estate over the last three years.

 
Recent Southeast Headlines
Nashville Shopping Center to Get 200,000SF Expansion
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CBL & Associates have announced plans for an expansion of CoolSprings Galleria, a 1 million-plus-square-foot shopping center in Nashville.
Orlando Industrial Property Sold
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Delta Properties Intl. L.L.C. has acquired the industrial facility at 1815 Cypress Lake Drive in Orlando, Fla., from LDL Holdings Florida L.L.C.
69-Room Microtel Opens Doors in Suburban Atlanta
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Development of Microtel Inn & Suites in Woodstock, Ga., has reached completion and made its debut in the suburban Atlanta city. Developed by Dawgwood Hotels L.L.C., the 69-room lodging property sits 30 miles from downtown Atlanta at 305 Molly Lane, and marks the 25th Microtel property to hit the State of Georgia.
Parkway Properties Sells Town Point Center
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After considering locales in Alabama and Michigan, Volkswagen Group of America Inc. has just decided to develop its new U.S. manufacturing facility in Chattanooga, Tenn.