NAI Realvest negotiates $1,002,000 sale price for office/warehouse building, and new lease next door

MAITLAND, Fla. – NAI Realvest recently negotiated the sale of a 14,500 square foot office warehouse building on one-acre at 521 South Econ Circle in Oviedo. Paul P. Partyka, managing partner at NAI Realvest represented M&O LP the local seller. The buyer, Brac Racing, a racing parts distributor expanding into larger facilities from a former Longwood location, paid $1,002,000 for the property and was represented in the transaction by Chuck McNulty of McNulty Group At the same time Partyka represented landlord M&O LP in a lease agreement with Meridian Investment Group Inc. for 6,351 square feet of office/warehouse space at 531 South Econ Circle. The tenant was represented by Roger Owen of Roger Owen Realty.