ORLANDO - Last year, Central Florida Advisors, the tax advisory subsidiary of Grubb & EllisCommercial Florida, represented properties valued at more than $100 million.
This year, Central Florida Advisors represents properties valued at more than $460 million in Florida, reports Jeff Sweeney, president and managing principal at Grubb & EllisCommercial Florida.
Central Florida Advisors specializes in helping commercial property owners reevaluate their property tax assessments, Sweeney explained.
Central Florida Advisors helped the owners of one suburban-area mixed use property cut their property taxes by nearly 50 percent, Sweeney said.
“That resulted in over $200,000 of tax savings for their bottom line,” he added.
The deadline for appealing property tax assessments in Orange County is Sept. 10.
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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 45 brokers divided among its Orlando, Melbourne and Tampa offices to serve the entire mid-Florida marketplace.
CONTACTS: Brett Felberg, 407-481-5390; Jeff Sweeney SIOR President 407-481-5387; Larry Vershel Communications 407-644-4142
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