Chris Butera

Principal
SVN | Alliance Commercial Real Estate Advisors

Chris Butera is a Principal with SVN Alliance. Chris specializes in the packaging and sale of land/development sites, off-market acquisitions, retail and investment properties. During a real estate career that spans more than 15 years, Chris has been involved in numerous developments/acquisitions across Central Florida including oceanfront condominiums, residential subdivisions, retail shopping centers and office buildings. He has a deep knowledge of the entitlement and development process. Prior to starting SVN Alliance, Chris was a Vice President with NAI Realvest in Orlando. He was also a Senior Vice President with IBIS Development specializing in off-market retail acquisitions for a select group of high net-worth clients. Prior to that he was involved as a principal or consultant with multiple land development projects across Volusia and Flagler Counties. Chris has worked as a broker, developer and consultant and is able to manage all three disciplines for the benefit of his clients and projects. He remains active with ICSC and is on the Board of Directors for the Volusia Building Industry Association. Butera resides in Ormond Beach, FL with his wife and two young children.

  • SL3083110

  • Professional Designations
    International Council of Shopping Centers Volusia Building Industry Association (Board of Directors) Ormond Beach Chamber of Commerce (2014 President)

  • Education
    University of Miami BBA (Finance)--1998, Cum Laude Graduate

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Commercial Land
For Sale
13 Acre Multifamily Development Site
Hand Avenue, Ormond Beach, Florida 32174
Market
13 Acres
SVN Alliance is pleased to offer to developers this 13+/- acre multifamily development site in Daytona Beach, FL. The property is ideally positioned on the Daytona Beach/Ormond Beach city line along Hand Avenue, just east of its intersection with Williamson Blvd. The location offers quick access to I-95, Florida Hospital MMC, Granada Blvd (SR 40) and LPGA Blvd (Latitude Margaritaville, Mosaic, Tanger Outlet Mall, LPGA International). The zoning on this 13+/- acre site allows up to 260 multifamily units. Could be developed as traditional apartments or as a senior project. Previously plans were completed for a senior housing project composed of 140 Independent Living Units, 98 Assisted Living Units and 22 Villas. The property affords a developer the flexibility to revise the design program and phase their project to suit the market. The site has the potential to be developed as a Continuing Care Retirement Community offering various types of care and wellness programs. This region of Volusia County is experiencing unprecedented residential and commercial growth. Minto Communities is continuing to develop new phases of their Latitude Margaritaville 55+ retirement community on LPGA Blvd. They have already sold 400+ homes in their first year out of the planned 6,900 home community. ICI Homes has recently moved in their first residents to Mosaic, a 1,200 unit single family community just west of Margaritaville. We are also just a mile away from the existing Aberdeen 55+ manufactured home development and their 1,000+ aging residents. Retail is abundant with Tanger Outlet Mall opening here in 2016 and the Tomoka Town Center (Hobby Lobby, Dave & Busters, Academy Sports) opening later in 2018. The market is demanding new senior housing options as the current supply is limited and lacking quality services/amenities. No new independent or assisted living facilities have been developed in this area in the last 10 years. The current competition is aging and quickly becoming obsolete for what today's seniors, and their families, want. This site is ideally positioned to capture both the existing population of Ormond Beach and growing population near LPGA Blvd in Daytona Beach. SVN Alliance has been retained as the exclusive listing agent to market this exciting development site. Interested parties are encouraged to contact us to further discuss the property and pricing in detail. Located on Hand Ave, just a few hundred yards east of Williamson Blvd in Daytona Beach, FL
5/12/2020 9:36:05 PM   6/4/2020 7:39:14 PM
Commercial Land
For Sale
Whiteview Apartments, a multifamily development site
Whiteview Pkwy, Palm Coast, Florida 32137
$3,500,000
19 Acres
Whiteview Apartments is a 19+/- acre multifamily development site in Palm Coast, FL. The site was recently zoned to MPD and allows up to 348 apartments. The site is located on the NWC of Whiteview Pkwy and White Mill Dr with tremendous exposure to a main arterial road. The property has an enviable location surrounded by mature development and offers quick access to Palm Coast Pkwy, SR 100, US Hwy 1 and I-95. The 19+/- acre site allows a maximum of 348 apartment units and offers a developer complete flexibility with design and phasing. Whiteview Apartments will share a master storm water system with the adjacent Whiteview Village, a fully entitled 205 lot single-family residential subdivision. Utilities are available at the site. The buyer of this Whiteview Apartments just needs to run a site plan approval thru the City of Palm Coast and you will be ready to start construction. Flagler County was named the FASTEST GROWING COUNTY IN THE ENTIRE US prior to the Great Recession and continues to bring in new residents, business, shopping and entertainment during this recovery. The current population is over 110,000 residents and there are only 1,147 apartments in the entire county to service these residents. There exists a HUGE DEMAND for additional apartments in Flagler County today. Whiteview Apartments represents a tremendous opportunity for a multifamily developer to quickly help to fill that void. SVN Alliance has been retained as the exclusive listing agent to market and sell this exciting development site. Interested parties are encouraged to contact us to further discuss the property and its entitlements in detail. Located at NWC of Whiteview Pkwy and White Mill Dr
2/6/2020 8:10:49 PM   6/4/2020 2:18:30 PM
Commercial Office
For Sale
SMART Office Clyde Park Ph II
126 130 Integra Breeze Lane, Daytona Beach, Florida 32117
$1,785,000
2 Acres
Offered for sale is this unique investment opportunity in Daytona Beach, FL. SMART Office Clyde Park (SOCP) is the first SMART Office to be developed in Volusia County. SOCP is ideally located just off of Clyde Morris Blvd, between LPGA Blvd and Granada Blvd. Offered for sale today is Phase II of SOCP (Buildings 3 & 4, 7,000 SF). Phase I of SOCP was constructed in 2018 and is fully leased. SOCP is designed to meet today's professional office needs and offers properly sized, modern and adaptive office suites. All four of these tech-friendly suites are 1,750 SF. All suites feature private offices, private bathroom, 24/7 access, above code parking and refreshment bar. The buildings are one-story block construction and have parapet walls with a sloped roof. All lighting on the property is LED and every unit has its own SMART deadbolt and thermostat (by Nest). The property is brand new and will be delivered 100% occupied. All leases are NNN with annual increases. SMART Office Clyde Park is the first SMART Office to be developed in the Daytona Beach area. The project will consist of four one-story office buildings of 3,500 SF each. Buildings 1 & 2 are now completed and ready for tenants. Clyde Park is designed to meet today's professional office needs and offers properly sized, modern and adaptive office suites. These tech-friendly suites will be delivered fully built out and ready for immediate occupancy. Furniture packages can also be included. Available for lease are units of 1,750 SF, 1,000 SF and 750 SF. S SIZED for today's ideal professional environment M MODERN architectural design, fixtures, finishes & colors A ADAPTIVE to changing employee and configuration needs R READY fully built-out suites for immediate occupancy T TECH-FRIENDLY design to best utilize today's technology Located north of LPGA Blvd on Clyde Morris Blvd, turn east onto Integra Breeze Ln
12/27/2019 7:39:31 PM   6/3/2020 7:38:22 PM
Commercial Retail
For Sale or Lease
2595 W International Speedway Blvd
2595 W International Speedway Blvd., Daytona Beach, Florida 32114
$2,500,000
$Negotiable
1.6 Acres
Offered for sale is this 8,110+/- SF single tenant retail/restaurant building directly on International Speedway Blvd (ISB) in the heart of the Daytona Beach, FL tourist district. This property offers incredible visibility to ISB and its 46,500 cars per day and is just 0.25 miles east of the brand new I-95/I-4 interchange. DB International Speedway, DB International Airport, One Daytona, Daytona State College, Embry Riddle Aeronautical University and the Volusia Mall are all within a few miles on ISB. Originally built as a Western Steer Steakhouse, the property has operated for the last 20+ years as Dales Shoes Superstore. It could easily be converted back to restaurant use. Ample parking for even the most intense use with 90 parking spots on the 1.6 acre site. A pole sign along ISB is also included. Offered for lease is this 8,110+/- SF single tenant retail/restaurant building directly on International Speedway Blvd (ISB) in the heart of the Daytona Beach, FL tourist district. This property offers incredible visibility to ISB and its 46,500 cars per day and is just 0.25 miles east of the brand new I-95/I-4 interchange. DB International Speedway, DB International Airport, One Daytona, Daytona State College, Embry Riddle Aeronautical University and the Volusia Mall are all within a few miles on ISB. Originally built as a Western Steer Steakhouse, the property has operated for the last 20+ years as Dales Shoes Superstore. It could easily be converted back to restaurant use. Ample parking for even the most intense use with 90 parking spots on the 1.6 acre site. A pole sign along ISB is also included. The landlord has flexibility to work with a tenant's timeline, contact us to discuss details. Located on the south side of W International Speedway Blvd (US 92), just 0.25 miles east of I-95
8/2/2019 8:19:23 PM   5/21/2020 6:05:45 PM
Commercial Land
For Sale
The Preserve at Palm Coast, a fully developed multifamily site
Colbert Lane, Palm Coast, Florida 32137
$8,000,000
23 Acres
The Preserve at Palm Coast is a 23+/- acre fully developed multifamily site in Palm Coast, FL. The project was designed, and all site work has been constructed, to accommodate 160 residential condominium units, but was inventoried during the Great Recession. The site is ideally located on Colbert Lane and nearby to both existing subdivisions (Palm Coast Plantation, Grand Haven) and the new Marina Del Palma mixed-use community. The Preserve at Palm Coast offers a wonderful opportunity for a developer to quickly bring a new multifamily project online that can be delivered in this cycle. The Preserve at Palm Coast was designed for 160 condo units across 10 condo buildings (16 units per building) plus a 5,000 SF clubhouse amenity. The units in the planned four-story condos range in size from 1,600 - 2,400 SF and can be revised to suit today's market. Nearly $6m was previously spent on site construction including roadways, storm water retention, utilities, a bridge, street signs/lighting and impact/municipal fees. All previous engineering and plans are available. This is a unique opportunity for a developer to quickly bring new condo units to the Palm Coast market. The project could be finished off as a 55+ adult community, senior housing (ILF) and/or rental project. The site plan could also be modified to accommodate other compatible uses such as an Assisted Living Facility. Joint Venture opportunities will also be considered. Contact broker for details. Located on the west side of Colbert Lane, approximately 0.5 miles north of SR 100
1/23/2019 4:35:16 PM   5/21/2020 5:58:52 PM
Commercial Land
For Sale
Lot 3, a 306 unit apartment site
Pine Lakes Pkwy, Palm Coast, Florida 32136
$4,437,000
25 Acres
Lot 3 is a 25+/- acre planned multifamily development site in Palm Coast, FL tentatively named Palm Coast Apartments. The site is located on Pine Lakes Parkway approximately 0.5 miles north of Palm Coast Parkway, which is the primary east/west road in Palm Coast. The property has an enviable location near the major shopping centers, restaurants and recreation of the area. It offers quick access to both I-95 and US 1 and is just 4.5 miles from the beach. Lot 3 is adjacent to the Pine Lakes Luxury Apartments, a 184 unit condominium that was converted to apartment use after the Great Recession. The 25+/- acre site has been designed and planned for 306 garden-style apartment units. Charlan Brock & Associates of Orlando is the project architect and has created a program with the ideal mix of unit types, sizes and amenities. The project consists of 14 two, three and four-story buildings along with a clubhouse and other desirable amenities. It offers 106 one-bedroom, 170 two-bedroom and 30 three-bedroom units. Parking is ample with 556 provided spaces (including 76 enclosed garages). Flagler County was named the FASTEST GROWING COUNTY IN THE ENTIRE US in 2006 and continues to bring in new residents, business, shopping and entertainment during this recovery. The current population is over 110,000 residents and there are only 1, 147 apartments in the entire county to service these residents. There exists a HUGE DEMAND for additional apartments in Flagler County! Only two market-rate, garden-style apartment projects have been developed in the last 20 years (one of which is a converted condo). Both of these apartment complexes are at full occupancy and have waiting lists that are many months long. This Lot 3 multifamily site represents a tremendous opportunity to fill that void. SVN Alliance has been retained as the exclusive listing agent to market and sell this exciting development site. Interested parties are encouraged to contact us to further discuss the property in detail. The site can be delivered as-is for you to complete with your development team or fully entitled. Seller financing and/or JV opportunities will also be considered. Pine Lakes Pkwy, north of Palm Coast Parkway. Site is adjacent to Pine Lake Luxury Apartments.
1/23/2019 4:35:26 PM   5/21/2020 5:54:15 PM
Commercial Land
For Sale
Hard Corner Retail Pad
1405 US Hwy 1, Ormond Beach, Florida 32174
$1,190,000
5.5 Acres
The Villages Business Center is 5.5 acre (can be subdivided) "pad ready" commercial development site in Ormond Beach, FL. Located on the NEC of busy US Hwy 1 and Pine Tree Dr the site offers full access via a large median cut. 23,500 cars per day pass this site along US Hwy 1. The site is already cleared, filled and graded. The storm water system has been permitted and constructed. Entry driveways to serve this hard corner are constructed on both US Hwy 1 and Pine Tree Dr. Just need a site plan and you are under construction quickly. The US Hwy 1 corridor in Ormond Beach is seeing a resurgence near the I-95 intersection (exit 273). Security First just opened their brand new 130k SF corporate headquarters across the street in the Ormond Crossings Business Park. They have 500+ employees that are looking for more local options to shop and eat. SR Perrott is under construction on a 40k SF expansion to their 100k+ SF headquarters to the south. Total Comfort new HQ is under construction. Plantation Oaks has begun selling homes in their 1,200 lot development next door. Plantation Bay is coming online with another 1,500 lots. Ormond Crossings will bring another 2,000 residences to this area. Other new retailers such as Dunkin Donuts, Race Trac and Ace Hardware are moving forward with new locations on the US Hwy 1 corridor. NEC of US Hwy 1 and Pine Tree Dr
1/23/2019 4:35:24 PM   5/21/2020 5:46:52 PM
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