Tuesday, April 10, 2012

NAI Realvest negotiates $1.2 Million sale of 36,264 square foot historic office building in downtown Sanford

MAITLAND, Fla. -- NAI Realvest recently negotiated a $1,200,000 sale price for the 36,264 square foot, six-story historic office building and its 0.89-acre site at 101 East First St. in downtown Sanford.

NAI Realvest Principals Robert Blackwell, SIOR and Michael Heidrich, Sr. negotiated the transaction representing the seller, Ft. Lauderdale-based One Hundred One, LLC.

The buyer is Lilac Group-Sanford, LLC, an investor based in Monroe, N.Y. who was represented in the transaction by Mayer Gross of ASD Realty.

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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