Thursday, February 11, 2010

NAI Realvest Negotiates Sales of Two Industrial buildings at Orange and Seminole County industrial centers for $1.78 Million

ORLANDO – NAI Realvest recently negotiated two sales totaling $1.78 million for two industrial properties in Orlando and Longwood.

Michael Heidrich, principal at NAI Realvest, represented Conquistador Realty Holdings Inc. of Miami, the seller of a 32,000 square foot industrial facility at 3941 Bryn Mawr St. in Orlando.

Overland Holding Corporation of Altamonte Springs purchased the property for $1,300,000 and was represented in the transaction by Joe Ardolina.

Heidrich also negotiated the sale of a 5,250 square foot industrial building at 370 North St. in Longwood representing the Newport News, Va.-based seller, Ferguson Enterprises, Inc. The buyer, Structural Contactors South, Inc. of Winter Park represented by Lee Ungaro of Charles Rutenberg Realty, paid $480,000 for the property.
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For more information, please contact: Michael Heidrich, Principal NAI Realvest, 407-875-9989 mheidrich@realvest.com; Patrick Mahoney, President, NAI Realvest 407-875-9989 pmahoney@realvest.com

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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