TAMPA, Fla. -- Grubb & EllisCommercial Florida, associated with 130 Grubb & Ellis offices worldwide, recently negotiated the purchase of the former Eaglerider Harley Davidson building at 201 150th Ave. in Madeira Beach, FL.
Michelle Seifert, vice president of Retail Services at Grubb & EllisCommercial Florida, negotiated the transaction representing the seller.
Local business owner, James and Michelle Shatz of Gulf Port, Fla. purchased the 2,496 square foot building to relocate and expand their bead and jewelry products company Celestial Beading.
The seller is J.T. Adventures Holdings, LLC based in Rochester Hills, Mich. “It’s a perfect fit for their use. It provided a great opportunity for Celestial Beading to relocate and expand from inline space to a freestanding building. Although it was long process, everybody was pleased that this transaction came to fruition during these tough economic times,” Seifert said.
The sales price was not disclosed.
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About Grubb & EllisCommercial Florida:
Grubb & EllisCommercial Florida is an affiliated commercial real estate services firm specializing in the leasing and sale of office, industrial, retail, land and investment properties. Currently Grubb & EllisCommercial Florida has 30 brokers divided among its Tampa, Orlando and Melbourne offices which serve the entire mid-Florida marketplace.
About Grubb & Ellis:
Named to The Global Outsourcing 100™ in 2009 by the International Association of Outsourcing Professionals™, Grubb & Ellis Company (NYSE: GBE) is one of the largest and most respected commercial real estate services and investment companies in the world. Our 6,000 professionals in more than 130 company-owned and affiliate offices draw from a unique platform of real estate services, practice groups and investment products to deliver comprehensive, integrated solutions to real estate owners, tenants and investors. The firm’s transaction, management, consulting and investment services are supported by highly regarded proprietary market research and extensive local expertise. Through Grubb & Ellis Realty Investors, the company is a leading sponsor of real estate investment programs that provide individuals and institutions the opportunity to invest in a broad range of real estate investment vehicles, including public non-traded real estate investment trusts (REITs), tenant-in-common (TIC) investments suitable for tax-deferred 1031 exchanges and other real estate investment funds. For more information, visit www.grubb-ellis.com.
Michelle Seifert 813-830-7285
Jeffrey Sweeney 407-481-5387
Larry Vershel 407-644-4142
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