Lincoln Property Broker Closes On $3,000,000 Sale of Majority of Professional Office Condos North of Orlando

professional office condos at 587 E. SR 434 

ORLANDO, Fla. – Lincoln Property Company recently closed on the $3,000,000 sale of the majority of a 75,720 square foot, three-story building comprised of professional office condos at 587 E. SR 434 in Longwood.   Broker Sean DuPree, CCIM listed the property totaling 62,600 square feet or over 80 percent of the building and negotiated the transaction representing the

 seller, Fort Lauderdale-based Longwood Office Park, LLC.    Orlando investors 434 Longwood Medical LLC purchased five vacant units on the first floor and the entire second and third vacant floors each measuring 25,000 square feet.  The building was constructed in 1984 just east of Ronald Reagan Blvd. (CR 427) and less than half a mile from South Seminole Hospital, north of Orlando.   Two other owners that occupy offices on the first floor are West Orange Neprology in 2,476 square feet and Orlando Health Family Medicine in 4,880 square feet.

Sean DuPree

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About Lincoln Property Company

Lincoln Property Company is a full service commercial real estate firm offering a comprehensive suite of value-added services for clients.  With a substantial local presence and history in the Southeast region, the company is ideally situated to provide superior service, which comes from striving to understand the goals and challenges of tenants, investors, lenders and owners of commercial real estate.  

NAI Realvest Closes $3 Million+ Acquisition of New Smyrna Beach Walgreens Store

New Smyrna Beach, Fla. -- NAI Realvest recently negotiated the $3,073,000 sale of a 12, 973 square foot building occupied by a Walgreens store located on State Road A1A in New Smyrna Beach. 

Chris Adams

Chris Adams, Associate at NAI Realvest, negotiated the purchase of the building built in 1993, representing Davenport-based Citrus Enterprises Inc.  a freight shipping and trucking company.  Buyer purchased the fully, long-term leased property to exercise a 1031 tax deferred exchange.  

Seller 800A1A Spiro Comitos was represented in the transaction by Mark Hollenbeck of Retail Net Real Estate.  

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About NAI Realvest 

NAI Realvest, serving all of Central Florida, is a fully integrated commercial real estate operating company specializing in brokerage, development, investment, leasing and management, consulting and research services in the U.S. and worldwide. NAI Global is an international commercial real estate network with over 400 offices spanning the globe.  Since 1978, clients have built businesses on the power of NAI Global’s expanding network.  Extensive services include multi-site acquisitions and dispositions, sublease, tenant representation, lease administration and audit, investment services, due diligence and related consulting and advisory services. To learn more, visit www.NAIRealvest.com.     

Blackton Earns $900,000 Contract to Provide Flooring for AV Homes’ Bella Parc Townhomes

Orlando/Kissimmee, Fla. --- Blackton, Inc., an Orlando-based supplier for the home building industry, was recently awarded a contract from AV Homes worth $900,000 to provide flooring for Bella Parc Townhomes being developed in Kissimmee. 

Micky Blackton, chief executive officer of the family-owned firm, said the contract with the Arizona-based homebuilder includes all flooring materials for the homebuilder’s 102 three and four-bedroom, townhomes planned for Bella Parc located at 3283 Pleasant Hill Rd. in the Poinciana area.   

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