20 Aug SW Florida Region Adds 7 New Associations; Signs Exclusive Agreement with Stock Development
The Southwest Florida Region of the Community Management Division is very excited to announce new association clients and the beginning of a new Developer relationship.
Stock Development has approved Vesta Property Services to manage seven associations in Lee and Collier County. The seven associations include three residential communities and four commercial properties. Vesta will provide full-service association and property management for six of the associations and property management without accounting for Stock’s new commercial retail center called Stock Plaza.
Included in the three residential communities is the Lely Resort Master HOA. When completed Lely Resort will include over 5,200 homes with 40+ sub associations within the development. The two other residential communities include Signature Club at Lely Resort COA (52 Units) and Hidden Harbour HOA (76 units).
In addition to Stock Plaza, the other three commercial properties include Northbrooke West, Professional Village, and Triangle Plaza. In total there is over 282,000 square feet of leasable space within these four properties.
This new business is a perfect example of the synergy between our three divisions and the power of long-term positive working relationships. We are very excited to have this opportunity and look forward to the beginning of another long term relationship.
About Vesta Property Services
Vesta Property Services provides financing, management and ancillary services to developers of planned unit communities and resident associations in connection with clubhouses, golf courses and other amenity and infrastructure facilities and commercial real estate management. The company is headquartered in Jacksonville, Fla. with offices strategically located throughout Florida. They have more than 1,100 associates providing a wide spectrum of services to more than 200,000 residents, tenants, and unit owners.