Wednesday, August 28, 2013
Wednesday, August 28, 2013
Nassau, Bahamas (PRWEB) August 28, 2013 — HG Christie (HGC) is honored to be the exclusive representative for a portion of New Providence Development Company’s (NPDCo) prime real estate holdings. The agreement between the two reputable Bahamian companies embodies well-positioned growth opportunities presently available in the real estate market on the island of New Providence.
Over 90 years ago, Sir Harold George Christie’s love of The Bahamas and his instincts for recognizing growth opportunities led him to a legendary real estate career. Today, ‘Peter’ and John Christie, President and Vice President of HG Christie Ltd, continue to employ time-tested skills and values, coupled with innovation, to identify real estate ripe with potential; Old Fort Bay Town Centre (OFBTC) is viewed as such an opportunity.
The NPDCo ownership offerings are an opportunity that savvy investors and businesses will want to take advantage of.
VP and Managing Director of HG Christie Ltd, John Christie, shared, “With the huge investments that have been made on the western end of island, from Lyford Cay, Old Fort Bay, Albany and Baha Mar, the type of commercial and residential offerings represented in this agreement is a necessity to service the growth. We are confident that the Old Fort Bay Town Centre (OFBTC) is optimally positioned to commercially serve the many needs and multiple facets of the area.”
HG Christie’s decades of success and experience provides an awareness and insight, which is supported by the recovery being witnessed within our island nation and on foreign shores, not only residentially, but also commercially. Recently, The Mall of America announced a 5.6 million square feet expansion and The Bahamas’ closest US neighbors inFlorida are also experiencing commercial growth, demonstrating that shopping centers remain an integral and thriving part of our western influenced the economy and culture.
John Christie sagely states, “The NPDCo ownership offerings are an opportunity that savvy investors and businesses will want to take advantage of, now. The growth is already occurring and the need to remain relevant by being present in this area is inevitable, waiting will only cost more or is reflected on as a missed opportunity.”
Old Fort Bay Town Centre is located within minutes of numerous established areas and gated communities and is described by TripAdvisor.com as, “…an amazing shopping destination in western New Providence.” HGC recognizes this advantageous positioning appeal for both vendors and consumers. Mirroring the opinion of HGC, the popular rating website goes on to expound on current tenants and to describe the premium environment of OFBTC, “…the shopping centre offers a variety of products and services in a relaxing and beautifully landscaped environment.” This level of recognition, atmosphere and locale has already been well received by many local retailers, leaving only two restaurant and two retail units available for lease on the ground level.
Business professionals will undoubtedly be interested in the office ‘condominium’ concept also being offered in the OFBTC. This is a unique ownership opportunity, on the upper level of the complex where businesses and professionals can benefit from being in a well planned, established commercial centre and obtain an equitable holding in a prime location. Of the 24 spaces in this area, over 50 percent are taken including one for HG Christie’s new western location.
Also of high significance, are three remaining one-acre pads of land along the outer perimeter of the development, running parallel to Windsor Field Road. For professionals interested in serving clientele in the west, and businesses seeking to capture this market, this presents an incomparable opportunity.
The whole team at HGChristie is thrilled to not only be representing OFBTC, but to become a tenant themselves. NPDCo also has plans to relocate their office facility to the OFBTC to advantageously position themselves within this new location. Many in the community are endorsing and seeking similar positioning in OFBTC as it becomes recognized as the new business hub for western New Providence.
HG Christie’s NPDCo portfolio also includes one 4,800 square foot turnkey luxury office building, and two vacant pads in the nearby Western New Providence Commercial Centre (the current location of NPDCo’s head office), as well as, the only four remaining developer lots for sale in NPDCo’s neighboring signature Old Fort Bay luxury residential development.
Mr. Christie enthusiastically surmised this strategic agreement this way, “We are truly excited to work with NPDCo and to bring to the Bahamian business community what is, without a doubt, one of the most exciting commercial opportunities on New Providence for several years. We are eagerly awaiting our own new space in OFBTC and to utilizing our over 90 years of Bahamas Real Estate experience, local knowledge, cutting- edge creativity and vast client base to enhance and promote this phenomenal product.”
For more information please visit: www.hgchristie.com/ or contact John Christie @ 242-322-1041
About HG Christie Ltd. (HGC)
HG Christie is a full service real estate company in the Bahamas offering sales, rentals, appraisals, and property management. Founded in 1922 by the legendary Sir Harold George Christie, HG Christie is the Exclusive Affiliate of the prestigious Christie’s International Real Estate Network. The company is known as “The Trusted Authority for Bahamas Real Estate” and has an incomparable selection of property listings from across The Bahamas.
Listings include private islands, luxury estates, affordable homes and condos, vacation villas, commercial and development properties, as well as vacant land. With eight offices strategically located throughout the Bahamas in Nassau; Freeport; Governor’s Harbour, Eleuthera; George Town, Exuma; Marsh Harbour, Hope Town, and Green Turtle Cay, Abaco – the HG Christie team of professional agents is knowledgeable, well established in their market and ready to support their client needs.