Thursday, January 17, 2013

Marcus & Millichap Announces Sale of 15.6-Acre Site in Winter Haven, FL for $340,000



Paul Bouldin
 WINTER HAVEN, FL– Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has announced the year-end sale of King's Landing, a 15.60-acre parcel of land located in Winter Haven, Florida, according to Richard D. Matricaria, Regional Manager of the firm’s Tampa office. The property was sold for $340,000.

Paul Bouldin and Michael Donaldson, senior associates in Marcus & Millichap’s Tampa office, represented the institutional seller, a limited liability company based out of Texas.  Mr. Bouldin and Eshenbaugh Land Company represented the buyer, a developer from Oklahoma.

Michael Donaldson
 King's Landing is located at the northeast corner of King Road and Crosstower Drive in Winter Haven, Florida.  It is situated approximately 200 feet north of the intersection of King Road and Winter Lake Road which has a traffic count of approximately 18,500 vehicles per day.  

Winter Haven is home to LEGOLAND Florida which is Florida’s newest theme park.   LEGOLAND Water Park was unveiled in May of 2012, just seven months later.

“In an effort to respond to the seller’s needs, we were able to migrate from offering, to contract execution, to closing in just a few weeks,” says Mr. Bouldin.  “The result satisfied the seller’s request and represented real value to a buyer willing and able to respond to the opportunity,” adds Mr. Bouldin.  “It was a very tight timeline and the successfully completed transaction was a real testament to everyone involved.

Press Contact:

 Richard D. Matricaria
Regional Manager, Tampa
(813) 387-4700

No comments:

Post a Comment