Moulton Properties, Inc.
A Full Service Investment Firm

“Developing, Leasing & Managing”
Moulton Properties, Inc. develops, leases and manages office buildings, shopping centers and subdivisions. The firm is best known for its portfolio of commercial investment property in Northwest Florida and South Alabama.

The Moulton’s heritage in Northwest, FL goes back eight generations. Moulton Properties, Inc. was started in 1931 in conjunction with the Moulton’s Drug Stores. Founder W.W. Moulton together with his sons built neighborhood shopping centers in East Hill, North Hill and the Warrington areas of Pensacola, FL to service the shopping needs of their drug store customers.
Today, many of the original Moulton retail buildings have been completely renovated and converted into office space including the two buildings at the corner of 12th Ave. and Gonzalez, directly across from Old Sacred Heart Hospital. Additional revitalization projects include renovation and conversion of the retail building at 1300 N. Palafox St. into competitively priced office space. This renovation will focus on connecting the 1300 N. Palafox with surrounding parks and historical buildings.

Other Moulton Properties projects include exterior renovations to Tiger Point Shopping Center, Gulf Breeze, FL anchored by Winn-Dixie and Beall’s Department Store; exterior renovations and expansion of Innerarity Point Shopping Center, Innerarity Point, FL anchored by Winn-Dixie; and exterior renovations to Cantonment Square Shopping Center, Cantonment, FL anchored by Janet Holley, Escambia County Tax Collector.

Over the years, the company has evolved and changed, but it has not lost its heritage and commitment to client satisfaction. In the future, Moulton Properties, Inc. will continue acquiring and developing commercial and residential property in Northwest Florida. It will also continue redeveloping space within the urban core of Pensacola, FL including downtown.

“Publix Super Market Anchors the Sea Shell Collections in Gulf Breeze”
Courtesy of Gulf Breeze Newspaper

It began with the Moulton's land swap of the property by the Beach overpass, which opened the door for the Andrews Institute. And now, the Sea Shell Collections property will be an asset to the community as well. Some of the buildings have been disassembled instead of bulldozed, and Mary Moulton confirmed that parts of the structure (formerly the Skate and Fun Center) would be reused in the Innerarity Point area. Most of the structures have been removed from the site. The Sea Shell Collection Shopping Center encompasses nearly 10 acres of property, and there will be approximately 40,000 sq. ft. of additional small shop space adjoining the 90,000 sq. ft. Publix anchor building.

“Moulton uses new technique for an Enviromentally friendly shopping center”
Courtesy of Mouton Property & Pensacola News Journal

What’s more, the company also recycled and ground 11 concrete building slabs and asphalt driveways left over from 17 parcels of property assembled to create the 16-acre site. The term environmentally friendly is not typically used to describe shopping centers, but by getting a portable grinder, they didn’t have to pay dump fees or hauling fees. Instead of everything ending up in a landfill, they can use it for the sub base. It’s a smart move and an environmentally friendly thing to do,

In the triangle opposite the Daniel Drive entrance to the shopping center, a two-story office building and bank are planned. Publix is expected to open by Spring of 2008.

Sea Shell Collections
852 Gulf Breeze Pkwy - Approximately 89,265 Sq. Ft.

Sea Shell Collections is an 89,265-square-foot shopping center located on Hwy. 98 with easy accessibility. Customer base includes residents from Gulf Breeze to Navarre, FL and tourists visiting Pensacola Beach and Navarre Beach. Approximately 9 million tourists visit Pensacola Beach annually.

The center is anchored by Publix Super Market. Small shop space is available from 1,400 Sq. Ft. to 10,000 Sq. Ft. Outparcels are available from .5 to 1 acre.

Population ______________________________________________57,312
Population Growth Rate (1990-2000) ________________________62.35%
Average Household Income________________________________$74,922
Average Age______________________________________________38.48
Number of Households ____________________________________22,344
Household Growth Rate (1990-2000) ________________________62.90%

Traffic Count:
Gulf Breeze Parkway (Hwy. 98) ______________________53,500 cars
Pensacola Bay Bridge ______________________________52,703 cars

Exclusive Leasing Agent:
Matt Durney,
Durney Properties, Inc.
220 S. Palafox Place, Pensacola, FL 32502
(850) 501-1020

For more information and a list of their available properties, please visit: http://www.moultonprop.com

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Integrity Real Estate Services, LLC:

A Positive Way to Do Real Estate

            Integrity Real Estate prides itself on running an honest agency. “What you see is what you get,” says Don Bowen, a broker at the real estate agency. They chose the name “Integrity” not only because it is a way to distinguish one corporate business from another, but also because it denotes a sense of value and honesty.

As an honest, moral group of brokers and real estate agents, Integrity Real Estate Services focus on what is positive about the market since the disastrous hurricanes rather than what is negative. Bowen informs us that before September 16, 2004, real estate was a seller’s market: “Everything is based on supply and demand. There were only 1400 houses on the market at any given time, and no one could find the home he or she was looking for. The value of homes increased tremendously.”

            Currently, real estate agencies have an overabundance of houses on the market. It is now a buyer’s market. There are approximately 7000 houses and condos on the market. Whereas many would look at this “overabundance” of homes negatively, Richard Brazzeal, a sales manager for Integrity, says it is positive because more people can find what they want on the market. He claims, “When the market was good, it was difficult to find a specific house, but now it’s easier to find what you want. There are terrific buys now. If you have good equity with a great mortgage rate, it’s definitely a buyer’s market.”

 
The agents do agree that the market is different since the storms, but this only means you must market your product differently. Brazzeal continues, “People are still moving - life goes on - people still must buy houses. The life cycle continues.” A lot of people are buying the same type of property as before. Single family, detached homes that range from $100,000 to $250,000 continue to sell before other homes.

            The number of days a home stays on the market has increased since Hurricane Ivan, but “people still get transferred in and transferred out,” so there will always be buyers. For an honest, positive real estate team, contact the business who values integrity - Integrity Real Estate Services - at 4400 Bayou Blvd., Suite 19, Pensacola, Florida, or visit their website at www.integritypensacola.com.

Aura Way – Journalist
Gungho City.com

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