Wednesday, August 26, 2015

NAI Realvest Negotiates $3,900,000 Sale of Winter Park Infill Industrial Facility

WINTER PARK, Fla. – NAI Realvest recently negotiated the $3,900,000 sale leaseback of the Accord Industries facility located at 4001 N. Forsyth Rd. in Winter Park.

The NAI Realvest team of Drew Saphos, CCIM, Chairman George Livingston, and Principal Christie Alexander negotiated the transaction on behalf of the seller, Accord Industries, LLC.

The 23.84 acre sale includes a partial long-term leaseback of the infill industrial site to Accord Industries, a privately held U.S. owned and operated manufacturer of extruded PVC pipe. Accord Industries will continue its operations at the Winter Park location.

The buyer is Winter Park-based Forsyth Commerce Center, LLC, who was represented by KR Properties of Central Florida. 

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