NAI Realvest negotiates $1.2 Million+ sale price for Office Building on East Colonial in Orlando

ORLANDO, Fla. – NAI Realvest recently negotiated the $1,212,500 sale price for the 20,984 square foot office building located at 615-617 E. Colonial Drive, between Mills and Magnolia Avenues near downtown Orlando. Mary Frances West, CCIM senior broker-associate at NAI Realvest represented the seller, Osburn Henning Properties, Inc. of Orlando. NEKA, LLC purchased the property and plans to renovate the building for a law practice and other tenants. West said the building is actually three buildings that were combined into one. The oldest building was built in 1957 and the newest in 1985.