Friday, July 27, 2018

Hold-Thyssen Negotiates $1.12 Million+ Cash Sale of Fully-Occupied Building at Trinity Professional Center



Trinity, Fla.  --- Hold-Thyssen, LLC, a full service commercial real estate firm based in Winter Park, with offices in Clearwater, recently negotiated the $1,125,000.00 all cash sale of Trinity Professional Center Building 7 located at 8827-8833 Hawbuck St. in Trinity.

Carol L. Kinnard, Transaction Specialist for Hold-Thyssen, negotiated the sale representing the seller, KD Trinity, LLC.   The 7,240 square foot building composed of four units was fully occupied by three tenants with long term leases at the time of the sale.  The investment property was offered at CAP rate of 8.9 percent.

Private investor Carl Musial of North Reddington Beach, Fla. purchased the property to complete a section 1031 tax deferred exchange.    Buyer was represented in the transaction by La Rosa Realty.   

Hold-Thyssen based in Winter Park with offices in Clearwater, provides commercial property brokerage and leasing and management services to institutional and private investor clients nationwide.  The 40-year old firm’s current portfolio includes more than 100 commercial properties throughout the United States.
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