MAITLAND - NAI Realvest, which ranks as one of the region’s largest commercial real estate companies, reported it closed on 78 commercial property leasing and sales transactions during the first quarter that ended March 30.
Patrick Mahoney, president of NAI Realvest, said the dollar value of transactions during the first quarter increased by more than 65 percent over the same period last year.
The largest sale transaction of the quarter was worth $4 million for a 46-acre Palm Coast site negotiated by NAI Realvest managing partner Paul P. Partyka and associate Chris Butera. The sale was ranked as the largest land sale in the Palm Coast area in the last two years.
Mahoney said the largest lease transaction for the firm’s first quarter was for 86,000 square feet at Orlando Central Park, leased to Bologna, Italy based manufacturer Pelliconi Group, and negotiated by the NAI Realvest Industrial Team of Robert Blackwell, SIOR, Sean DuPree, CCIM and Jim Murr.
For more information, contact:
Patrick Mahoney, President, NAI Realvest 407-875-9989 pmahoney@realvest.com; George Livingston, Chairman Emeritus, NAI Realvest 407-875-9989 glivingston@realvest.com; Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142 lvershelco@aol.com
About NAI Realvest:
NAI Realvest, serving 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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