ORLANDO --- Hold-Thyssen, Inc., a full service commercial real estate firm based in Winter Park, recently arranged the $1,350,000 sale of 1.96 acres at 291 E. Altamonte Drive within the Crane’s Roost planned development in Altamonte Springs.
Hold-Thyssen’s Martin Forster, CCIM, brokered the transaction representing the Los Angeles-based seller, RP Altamonte III, LLC and the buyer, Cranes Roost, LLC of Orlando.
The property, described as Lot 2 of the Altamonte East Unit One Replat, PB 74 P 38, is contiguous to a parcel the buyer already owned, according to Forster. “This was an excellent opportunity for the owner of Lot 5 of Crane’s Roost to acquire the adjoining Lot 2, resulting in an assemblage that provides a broader range of development opportunities and a higher value for the conjoined properties.”
Hold-Thyssen provides commercial property brokerage and leasing and management services to institutional and private investor clients nationwide. The 40-year old firm’s current management portfolio includes more than 100 commercial properties throughout the United States.
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