MELBOURNE, Fla. --- Grubb & EllisCommercial Florida, associated with 130 offices worldwide, recently negotiated the sale of a 3,470 square foot retail building at 317 Ocean Ave. in Melbourne Beach for $250,000.00.
Cheryl Harrington, vice president of retail development for Grubb & EllisCommercial Florida in the Melbourne region, negotiated the transaction representing the seller, Nueva Guinea S.A. of San Jose, Costa Rica.
Laura Dowling-Roy of Melbourne bought the property that includes 1,920 square feet of space built in 1964 and another 1,550 square feet of newer, partially finished space.
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 40 brokers divided among its Orlando, Melbourne and Tampa offices to 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 its investment subsidiaries, 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, mutual funds and other real estate investment funds. For more information, visit www.grubb-ellis.com.
Cheryl Harrington, 2108 W. New Haven Avenue West Melbourne, FL 32904 321.984.1957
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