Sunday, June 26, 2016

NAI Realvest Closes on Acquisition of Two Industrial Buildings for Investment Buyer in Longwood, FL totaling $1.45 Million

Paul P. Partyka

 LONGWOOD, FL. --- NAI Realvest recently represented the investment buyer of two industrial buildings totaling 28,300 useable square feet purchased for $1,450,000, located on Timocuan Way off of Ronald Reagan Blvd. in Longwood.
Paul P. Partyka, Partner at NAI Realvest and Associate Juan Jimenez negotiated the sale representing the local Buyer, Norelli Properties, LLC.   

 Partyka said Norelli Properties is expanding their investment holdings in anticipation of increased real estate values along the 17-92 corridor with approaching commercial development.

The 1640 Timocuan Way building with 14,025 square feet was built in 1999 and the 1644 Timocuan Way building, with 14,275 square feet was built in 1988.

The seller was represented by Mark Harkins of Harkins Commercial, LLC.

 For a complete copy of the company’s news release, please contact:

Beth Payan or Larry Vershel, Larry Vershel Communications, 407-644-4142

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