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NAI Realvest negotiates acquisition of 81,750 square foot industrial building, adjacent parcel for $11.25 Million in Orlando
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Location: Blogs News |
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| Posted by: Janice Paiano |
10/20/2008 1:48 PM |
ORLANDO, Fla. --- 10/20/08 -- NAI Realvest recently negotiated the acquisition of 12 acres including an 81,750 square foot industrial building and adjacent development site off S. Orange Ave. and Parkline Blvd. in Orlando.
ORLANDO, Fla. --- NAI Realvest recently negotiated the acquisition of 12 acres including an 81,750 square foot industrial building and adjacent development site off S. Orange Ave. and Parkline Blvd. in Orlando.
George Livingston, chairman of the firm, and principal Christie Alexander negotiated the transaction representing the Columbus, Ohio-based buyer, Parkline Holding Company, LLC.
Parkline paid a total of $11,250,000 for the warehouse building on 6.61 acres at 8350 Parkline Blvd. and adjacent 5.39 parcel planned for future development at 8125 S. Orange Ave.
The seller is McCraney ORL-Parkline, LLC of West Palm Beach, represented by David Murphy, CB Richard Ellis senior vice president.
About NAI Realvest
NAI Realvest in Orlando, covering all of Central Florida, is a fully integrated commercial real estate operating company specializing in brokerage, development, investment, leasing and management, consulting and research services in the U.S. and worldwide. NAI Global is an international commercial real estate network with over 325 offices spanning the globe. Since 1978, clients have built businesses on the power of NAI Global’s expanding network. Extensive services include multi-site acquisitions and dispositions, sublease, tenant representation, lease administration and audit, investment services, due diligence and related consulting and advisory services. To learn more, visit www.NAIRealvest.com. |
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