MAITLAND, Fla. --- NAI Realvest recently negotiated the acquisition of a 10-acre parcel at 8900 Albemarle Rd. near the intersection of Maitland Blvd. and SR 434 in Maitland for $1.15 million.
NAI Realvest Principals Kevin O’Connor and Matt Cichocki negotiated the acquisition representing the buyer, Orlando-based Maitland Blvd. Apts. Assoc LLP.
“This transaction culminated a five year assembly of adjacent properties the new owner plans to develop as a mixed use project that will include office, retail and multi-family residential,” Cichocki explained. Maitland Blvd. Apts. Assoc LLP acquired the site.
Cornell Huggins of Orlando was the seller.
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 350 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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