Wednesday, September 3, 2014
Hold-Thyssen Real Estate Services Negotiates $5.625 Million Price in Sale of 12.5-Acre Development Site in Orlando
ORLANDO, Fla. --- Hold-Thyssen Inc. recently negotiated a $5,625,000 price in the sale of the 12.5 acre Westco Land Trust residential development site on Millennia Boulevard just west of John Young Parkway in west Orlando.
Robert Hold, president of Hold-Thyssen, Inc., negotiated the transaction on behalf of the seller, Robert B. White, Jr., as trustee for Westco Land Trust.
Florida Property Investments Assets represented the buyer, PSREG M North Owner LP. The buyer plans to develop 288 luxury apartments on the site.
Hold also reported the $1.45 million sale of the 125-acre Northwind Stables equestrian center on U.S. 441 in Reddick in Marion County.
Hold was listing agent for that transaction along with Ocala Ranches.
Hold negotiated the deal representing Land Holding, LLC. The buyer was Stroud’s Lane Farms, LLC.
The Northwind Stables property includes a three-bedroom owner’s home, a two-bedroom manager’s house and a one-bedroom apartment, along with 111 stables in six barns, along with offices and equipment facilities.
Hold-Thyssen provides commercial property and leasing and management services to institutional and private investor clients nationwide. The 40-year old firm’s current portfolio includes more that 100 commercial properties throughout the United States.
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