Tuesday, December 13, 2016

Hold-Thyssen Negotiates Investment Sale and Lease Transactions in New Port Richey, FL

Carol Kinnard
 New Port Richey, FL --- Carol L. Kinnard, transaction specialist at Hold-Thyssen, LLC, a commercial real estate services firm with offices in Clearwater, recently brokered the $120,000.00 sale of a medical office building at 5434 Grand Blvd. in New Port Richey.

Kinnard, who represented the seller, David M. Allen, DPM, said Clearwater-based Ameritech Property Management, Inc. purchased the property, which consists of a free-standing 1,144 square foot building on 0.38 acre, lies within the City of New Port Richey.

“Carol Kinnard was able to list and close the sale of my building in less than three months when adjacent properties have been on the market from six months to more than two years,” said Dr. Allen. 

Kinnard also negotiated two new leases on behalf of the private investor landlord at 5423 Main St. in New Port Richey known as the Hercules Center.    Home Instead Senior Care, relocating from Massachusetts Avenue, leased 1,500 square feet.  Kelly Carter leased 800 square feet at the center to establish a nail salon business that she relocated from Colorado. 

At the Massachusetts Center, an office/retail strip center at 7208 Massachusetts Ave.  in New Port Richey,   Kinnard represented owners/landlord John H. and Christina Pimenidis/Kostas A. and Pauline Magganas, in a lease agreement with Iglesia Cristo Church for 1,000 rentable square feet.  The church moved from a nearby location due to growth and their need for additional parking.

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

Beth Payan, Larry Vershel Communications 407-644-4142 lvershelco@aol.com

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