Wednesday, December 10, 2014

NAI Realvest Negotiates Two Sales Totaling $2.13 Million for Prime Retail Properties in Winter Garden and Clermont

ORLANDO, Fla. – The NAI Realvest retail team – Matt Cichocki, Kevin O’Connor and Mitch Heidrich -- recently negotiated the sales of two retail properties in Winter Garden and Clermont totaling $2,130,000.00. Both transactions involved excess property owned by seller, Branch Banking & Trust Company of Winston-Salem, N.C., represented by the NAI Realvest team. Jason J. Sotto, D.M.D. Pediatric Dentistry was the buyer of the 3,659 square foot former bank building located at 3650 Winter Garden-Vineland Road. The dentist paid $1,300,000 for the property and intends to renovate the facility to move his existing practice there. Michael and Mary Ann Ladisa were the local buyers of a 1.29 acre vacant parcel located at the corner of US Hwy 27 and Johns Lake Rd. in Clermont. They intend to develop the site as a Culver’s restaurant. The purchase price was $830,000 and the buyers were represented by Bobby Palta of CBRE.

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