Commercial Asset Partners News

CAP Realty Highlights a Year of Community Involvement in 2025

Thu, 18 Sep 2025 17:17:29 GMT

New Port Richey, FL — Community impact and involvement have always been at

the core of Commercial Asset Partners Realty (CAP), and 2025 has already

proven to be a year filled with outreach, recognition, and giving back.

From chili cook-offs to industry leadership, the CAP team continues to embody their motto:

“Make a difference where you live and work.”

CAP Wins Big at Pasco EDC NetFest

This spring, CAP Realty was proud to take home the award for Most Unique Chili at the Pasco EDC NetFest Annual Chili Cook-Off. The event, which has been running for 22 years, has long been a favorite in the community. CAP has participated since the beginning, making this year’s win especially meaningful.

10th Annual Cancer Crawl

On March 2, 2025, CAP participated for the third consecutive year in the 10th Annual Cancer Crawl. The team joined with others across the community to raise awareness and funds for cancer research, showing continued commitment to causes that directly impact families in Pasco County.

Leadership & Recognition for Heidi Tuttle-Beisner

Broker/Owner Heidi Tuttle-Beisner, CCIM has long been recognized as a leader in both real estate and community development. With more than thirty years of experience in commercial investment brokerage, Heidi has built a reputation as a top producer and industry advocate.

In 2025, Heidi’s leadership expanded as she began serving as a Board Director of the Pasco Economic Development Council (EDC). She also continues her service on the Habitat for Humanity board, where she actively advocates for property acquisition, affordable housing initiatives, and opportunities for families to achieve homeownership. CAP Realty has proudly supported Habitat’s annual gala

as an event sponsor. This year, Heidi was also honored by Congressman Gus Bilirakis for her

dedication and ongoing contributions to Pasco County. Her recognition underscores her commitment to strengthening local housing, business growth, and community support.

Grow Pasco: Sharing Knowledge with Local Businesses

On March 20, 2025, CAP team members Danielle Ruiz and Lisa Ingram proudly represented Heidi and the CAP Realty team at the 5th Annual Grow Pasco event, hosted by the Pasco EDC and Saint Leo University.

Their session, “Location, Location, Location,” drew a strong turnout of business leaders eager to learn about the impact of strategic site selection. CAP was grateful to be part of such an impactful event filled with valuable insights and community connections.

Commitment to Industry Standards: Sabrina McCall

Beyond community service, CAP leaders remain deeply committed to upholding professional excellence in real estate. Sabrina McCall, who has been a member of the West Pasco Board of Realtors since 2006, continues to serve in leadership. Over nearly two decades, she has held roles including Chairperson, Secretary, President, Director, and Treasurer. In 2025, she is serving in her current role as Grievance/Professional Standards Chair, ensuring the highest ethical standards are maintained within the industry.

Looking Ahead: Light the Night for LLS

Later this year, CAP Realty’s Vice President, Danielle Ruiz, will lead a CAP team in the Leukemia & Lymphoma Society’s Light the Night Walk on November 8, 2025.

This inspiring event will bring together the community to honor survivors, remember loved ones lost, and continue the fight against blood cancers.

A Year of Impact

From chili cook-offs to boardrooms, CAP Realty continues to balance professional leadership with a deep commitment to giving back. With a portfolio of community involvement ranging from economic development to housing and health, CAP demonstrates that success in business goes hand-in-hand with building a stronger community.

New Port Richey Plaza Successfully Tented for Termites Thanks to Property Management Team’s Dedication

Tue, 02 Sep 2025 20:44:10 GMT

On July 29–31, 2025, Center Plaza underwent a major project: a full termite tenting of the property. While essential for maintaining the long-term integrity of the building, the process required an extraordinary amount of planning, communication, and coordination, especially with 12 units and 9 unique tenants under one roof.

The challenge was especially complex due to the number of food-related businesses within the plaza. Each had to carefully remove perishable goods, cooking equipment, and sensitive materials before the project could begin. In addition, the cigar store needed to remove all its inventory, and the flower shop had to clear out every arrangement and product to ensure nothing was damaged during the process. Coordinating those logistics alone was no small feat.

Despite the hurdles, Property Managers Sabrina McCall and Angie Pisz rose to the occasion. They not only ensured that every tenant was properly notified, prepared, and relocated during the three-day process, but also managed to keep everything on schedule—while still overseeing 38 other properties in their portfolio.

The success of this project is a testament to the professionalism, problem-solving, and dedication of the property management team. What could have been a stressful and disruptive process was handled with organization and care, ensuring the safety of tenants, businesses, and the long-term health of the property.

A big thank you goes out to Sabrina and Angie for their hard work and commitment to making this possible!

Economic Development Veteran Joins Commercial Real Estate Firm as V. P.

Tue, 26 Nov 2024 20:20:43 GMT

Ruiz attended Clemson University, where she earned a bachelor’s degree in management/international business. She also holds the Master Practitioner Certificate through The Advanced Economic Development Leadership Program, entitling her to the Master Economic Development Practitioner (MEDP) credential.Ruiz has earned numerous awards and accolades over the years, to include Consultant Connect North America’s Top 50 Economic Developers, Development Counsellors International (DCI)’s Economic Development 40 Under 40 Award, and Florida Economic Development Council’s Large Project of the Year Award, as well as many coveted awards from her employers.

Active in the economic development industry and community, Ruiz belongs to several organizations and has served in many leadership roles during her career. She is a past chair of the Pasco Economic Development Council Board & Policy Council, the St. Petersburg Area Economic Development Corporation Board & Executive Committee and the Hernando Progress Board of Directors. She is also a founding advisory board member of IDEA Schools Tampa Bay.

“Danielle has been involved in real estate transactions in the greater Tampa Bay area and other parts of Florida for many years,” said Tuttle-Beisner. “In her new role with our firm, she’ll simply be looking at deals from a different angle and using her skills and knowledge to make deals happen from the brokerage standpoint.”

About Commercial Asset Partners Realty: One of the top mid-sized commercial real estate companies in the Tampa Bay area, CAP Realty handles leasing and sales of retail, office and industrial properties, along with helping clients with real estate investment sales and land transactions. Based in New Port Richey, Fla., Broker-Owner Heidi Tuttle-Beisner and her team have built a company that has the experience and resources to handle a wide range of assignments, while offering a high level of personal service for each client. For more information, see the company’s website at www.cap-realty.com or call (727) 376-4900.

DOD Project

Tue, 19 Dec 2023 14:53:17 GMT

Commercial Asset Partners Realty Partners with Mark Ganier from ReMax Realtec

“Commercial Asset Partners Realty is pleased to announce their successful cooperative effort with Mark Ganier from ReMax Realtec to secure the perfect location for an engineering firm focused on Department of Defense projects. The improvements, including that of a clean room, was the only building that could be found with the buildout that would allow them to take occupancy and start working right away. With their recently secured contracts, the expansion need was immediate. The fully air-conditioned building 14,000 sq. ft. building allowed them to double their previous space. “

AlloCyte buys Palm Harbor property

Wed, 06 Dec 2023 17:10:59 GMT

Palm Harbor building sold to life science entrepreneurs for $4.2 million;

plans to manufacture liquids to preserve organs for transplantation

Industrial property at 3816 DeSoto Blvd. will house manufacturer AlloCyte and 34 Lives, PBC, a

two-year old startup that prepares kidneys for transplantation

PALM HARBOR, Fla. (Dec. 4, 2023) – AlloCyte, LLC, has purchased a 24,560-square-foot, two-story

industrial property at 3816 DeSoto Blvd. in northern Pinellas County’s Palm Harbor for $4.2 million. The

purchase will bring two life sciences companies to the Tampa Bay area – AlloCyte, which plans to be a

worldwide manufacturer of the liquids that preserve organs for transplantation, and 34 Lives, PBC,

which rescues unused kidneys for transplantation.

AlloCyte is currently moving into the Palm Harbor property’s first floor. 34 Lives will move into the

second floor when the current tenant, Integer, fully vacates to relocate to another location in April.

Heidi Tuttle-Beisner, broker-owner at Commercial Asset Partners (CAP) Realty, represented the seller,

P&B Partnership, in the real estate transaction. The selling entity is affiliated with Thomas Osypka,

former owner of medical device manufacturer Oscor, which was headquartered at the property for 34

years before being purchased by Integer in 2021. Jessica Gould of Realty Trust Group represented the

buyer.

“We’ve experienced a significant increase of interest in moving to this area from medical users,

ranging from R&D to manufacturing,” Tuttle-Beisner said. “The area's business-friendly atmosphere,

excellent quality of life and significant medical initiatives, such as the 775-acre Moffitt Cancer Center

project and the expansion of Tampa General Hospital, consistently draw life sciences companies. These

companies recognize the appeal of Pinellas and Pasco counties, the broader Tampa Bay area and Florida

as a whole.”

34 Lives works to develop innovative technology and services that result in the rescue of thousands of

unused kidneys each year, saving lives that would otherwise be lost on the transplantation waitlist.

Because of a worldwide shortage in transplant preservation solutions that began during the COVID-19

pandemic, the 34 Lives leadership and investors determined it in their best interest to control their own

supply chain and launched AlloCyte last year to produce the organ preservation liquids that 34 Lives –

and all other transplant organizations – need.

“The property in Palm Harbor was a good fit for us because the first-floor manufacturing capabilities for

AlloCyte were exactly what we needed, as were the ‘clean rooms’ upstairs for 34 Lives, which essentially

are built like operating rooms, with certain air filtration and other requirements for sanitation,” Chris

Jaynes, CEO of 34 Lives, said. “This is an ideal location for 34 Lives because of the number of transplant

hospitals in Florida, including The Miami Transplant Institute, the nation’s largest kidney transplant

facility.

Jaynes said AlloCyte plans to hire 25 to 30 people to fill manufacturing positions in the next year. In

addition, he expects 34 Lives will hire 25 to 30 people with medical and surgical expertise.

“RTG is honored to support Allocyte in the opening of their Tampa-based bio-manufacturing facility,”

said Gould. “Their presence will fill a gap in the Central Florida healthcare ecosystem and make a life-

saving difference to transplant patients and families nationwide.”

The Osypka family started Oscor in the property at 3816 DeSoto Blvd., which they constructed 34 years

ago. They – and Integer, after Oscor sold to that corporation – have been the building’s only occupant.

About Commercial Asset Partners Realty: One of the top mid-sized commercial real estate companies in the

Tampa Bay area, CAP Realty handles leasing and sales of retail, office and industrial properties, along with helping

clients with real estate investment sales and land transactions. Based in New Port Richey, Fla., Broker-Owner Heidi

Tuttle-Beisner and her team have built a company that has the experience and resources to handle a wide range of

assignments, while offering a high level of personal service for each client. For more information, see the

company’s website at www.cap-realty.com.

Amaratek Buys Dunedin Property

Thu, 30 Nov 2023 21:31:25 GMT

San Diego-based life sciences company expands to East Coast, buys Dunedin industrial property for $3.9 million

CAP Realty represents Amaratek, focused on U.S. Department of Defense and Homeland Security technologies, in purchase of 150 Douglas Ave.

DUNEDIN, Fla. (Nov. 20, 2023) – A San Diego-based life sciences company focused on providing scientific and engineering services to the U.S. Department of Defense and Homeland Security is expanding to the East Coast by adding a second location to its operations. Paloma Azul, LLC, affiliated with Amaratek, has purchased a 33,846-square-foot industrial property located at 150 Douglas Ave. in Dunedin for $3.9 million.

With move-in to 150 Douglas Ave. planned for early 2024, Amaratek President David Dumas expects Amaratek’s expansion will bring 20 new high-paying jobs to the area. Amaratek plans to hire for program managers with defense contracting experience, machinists, welders, chemists, and engineers.

Heidi Tuttle-Beisner, broker-owner at Commercial Asset Partners (CAP) Realty represented the buyer in the real estate transaction. Brian Andrus of Stonebridge Real Estate/Andrus Development Group, represented the seller, Bridgeview Property Investments, LLC.

“This is a perfect example of companies from other states seeing the many benefits of living and operating a business in Florida,” said Tuttle-Beisner. “Life sciences companies have particularly been interested in the greater Tampa Bay area, and we’re thrilled to have found a property here that works for Amaratek’s needs. The City of Dunedin and Pinellas County really rolled out the red carpet to help bring Amaratek here.”

Originally founded in November 2002 to deliver research and development services to the U.S. Department of Defense and Homeland Security, Amaratek developed a biological system for the neutralization of chemical weapons and delivered a working system to the U.S. Army in March 2004. Later, Amaratek recognized it could also apply many of the skills and insights honed for military applications to civil government projects. Now, in addition to its focus on U.S. defense and security, Amaratek provides technical services to foreign governments, non-governmental organizations (NGOs) and social entrepreneurs.

The industrial property in Dunedin is over three times larger than Amaratek’s building in San Diego. The building was previously used as a manufacturing space, so it met many of Amaratek’s electrical and plumbing requirements. A build-out is currently underway to meet the company’s additional needs, such as adding chemistry labs, a medium-scale chemistry manufacturing space and fencing to secure the yard.

“It’s very hard to do business in California,” Dumas said. “The manufacturing and real estate regulations are crippling. And those appear to largely go away with this move to Florida. Our hope is that expanding to Florida will allow us to set up manufacturing operations in a more business-friendly environment.”

As for why Dunedin and Pinellas County, Dumas cited the availability of the property on Douglas Avenue and assistance from Tuttle-Beisner, the warm welcome he received from the City of Dunedin and Pinellas County, family ties to the area and Tampa Bay’s workforce quality for specialized jobs. Amaratek also works closely with groups housed at MacDill Air Force Base in Tampa.

“We very much appreciate that Amaratek recognizes the value Dunedin brings for their expansion – from boating to the Blue Jays to the Pinellas Trail, and everything in between,” said Bob Ironsmith, economic development director for the City of Dunedin. “When companies like Amaratek come here, it helps put Dunedin on the radar for other high-quality companies looking to expand or relocate.

“On behalf of Pinellas County, I am thrilled that Amaratek will be expanding into Dunedin and adding to our robust defense industry,” said Pinellas County’s director, Dr. Cynthia Johnson. “Pinellas’ ideal business climate offers all the right things that mission-critical companies need – a talented defense and manufacturing workforce, a cluster of the nation’s leading contractors, and technical and business assistance programs to help defense contractors expand. We look forward to helping the company succeed and grow.”

"Duke Energy is proud to support Amaratek’s expansion to Dunedin,”said Danielle M. Ruiz, director, industry recruitment, Florida economic development at Duke Energy. “Pinellas County, the City of Dunedin and Commercial Asset Partners Realty were a great team to join in our sharing of the many attributes that make this area ideal for scientific and engineering services within the defense sector. The evaluation of the building’s existing electrical infrastructure, along with providing an overview of programs and services offered through Duke Energy, locally and through the state, will support Amaratek’s ability to save time and money as they ramp up their new location."

“A lot of satisfaction comes from knowing that our transactions improve the local area,” Andrus said. “The seller has moved into a larger location in Pinellas Park, where the current mayor welcomed them at their grand opening a few months ago.”

About Commercial Asset Partners Realty: One of the top mid-sized commercial real estate companies in the Tampa Bay area, CAP Realty handles leasing and sales of retail, office and industrial properties, along with helping clients with real estate investment sales and land transactions. Based in New Port Richey, Fla., Broker-Owner Heidi Tuttle-Beisner and her team have built a company that has the experience and resources to handle a wide range of assignments, while offering a high level of personal service for each client. For more information, see the company’s website at www.cap-realty.com.

CAP Sells Two NPR Offices

Thu, 30 Nov 2023 21:31:21 GMT

Two Pasco County office properties sell, one new owner to bring 150 new jobs to the area

CAP Realty brokers the sales of the former VA building on Little Road for $4.4 million and an office on Meadowlane Street for $2.75 million

NEW PORT RICHEY, Fla. (Oct. 9, 2023) – Two office properties in Pasco County’s New Port Richey recently sold, and one new owner expects to eventually create more than 150 jobs in the area.

9912 Little Rd. LLC purchased the medical office building at 9912 Little Road, which the U.S. Department of Veterans Affairs had previously occupied for 20 years as an outpatient clinic. The 45,594-square-foot property on 9.27 acres sold for $4.4 million.

Heidi Tuttle-Beisner, broker-owner at Commercial Asset Partners (CAP) Realty represented the seller, Orion New Port Richey FL LLC, in the transaction. The buyer, an affiliate of BoldAge PACE, will operate a state-authorized Program of All-Inclusive Care for the Elderly center from the space.

“Medical services are in higher demand now more than ever, due to the explosive growth of Pasco County,” Tuttle-Beisner said. “Medical and life sciences users are also highly attracted to the area due to the 775-acre Moffitt Cancer Center project and the opening of the Ridge Road extension, which provides easier access throughout the county.”

From its new, yet-to-be-named Program of All-Inclusive Care for the Elderly location in New Port Richey, BoldAge PACE will serve adults 55 and older in Pasco, Hernando and Hillsborough counties. The location will include a primary care medical center, provide physical, occupational, and other rehabilitative therapies, have an adult day center, manage operations for the home health team and transportation unit, and serve as the home for all Program of All-Inclusive Care for the Elderly community outreach programs.

“Studies showed there was a need for a Program of All-Inclusive Care for the Elderly in New Port Richey and the surrounding area,” said Michael Czermak, chief administrative officer of BoldAge PACE. “This property is located in an area we want to serve, and really fits our needs space-wise, as does the structure of the building, being one-story and beautifully situated.”

BoldAge PACE plans to open its new location in late 2024 or early 2025, following renovations to the property. Czermak said he expects that, at maturity, the center will serve 400 to 500 older adult participants and employ 150 local residents, and will be home-base for BoldAge’s chief medical officer and executive vice president of business development, both of whom are long-time Central Florida residents.

In addition to the New Port Richey location, the company currently operates and has in development several Program of All-Inclusive Care for the Elderly centers in other Central Florida counties and various states, including California, Illinois, Indiana, Kentucky, New Jersey and South Carolina.

In addition, a 30,731-square-foot office building at 5642-5652 Meadowlane Street in New Port Richey has sold for $2.75 million.

Tuttle-Beisner represented the seller, Doyle Farm Family Limited Partnership, in the transaction. Deanna DeCubellis with Paradise West Realty represented the buyer, which is doing business as Bayonet, a plumbing, air conditioning and heating services company that will operate from this location.

The move includes consolidating four properties Bayonet had previously leased or owned in Hudson, Port Richey and New Port Richey, to this one location on Meadowlane Street.

“This buyer was looking for something turnkey, that didn’t involve a huge remodeling investment, and also served their central demographic well, keeping in mind employees’ commutes to the new location,” said Tuttle-Beisner. “This property checked all the boxes.”

About BoldAge PACE: BoldAge PACE is an innovative alternative for older adults who need a nursing-home level of healthcare but who want the independence to age at home and stay connected to their communities. Each participant gets a personalized care plan, developed by our integrated team of experts, that truly supports their overall health and well-being.