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| Michael Heidrich |
ORLANDO, FL--- NAI Realvest recently closed on the $9.45 million acquisition of
Heaven III, multi-tenant business park with 109,344 square feet of flex space
located at 6925 Lake Ellenor Drive, at the intersection of W. Lancaster Road in
southwest Orlando Central Park.
Michael Heidrich,
principal at NAI Realvest negotiated the off-market purchase on behalf of the
buyer Heaven 3 RE, LLCwhich includes investors Michael and James Kramer of
Miami. Buyers have worked with Heidrich and NAI Realvest to identify target commercial real estate assets and
increase their Central Florida holdings.
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| Catherine Mallory |
Heidrich said the new owners
whose other Central Florida properties include the Realvest-developed Monroe
CommerCenter South in Sanford and Goldenrod and Hanging Moss CommerCenters in
Orlando, have retained NAI Realvest to handle leasing and management of Heaven
III as well.
The six-building campus built in
1975 and renovated in 2014-2015 is nearly 100 percent leased. Major
long-term tenants include Chubb Insurance, Bostwick Laboratories and Davita
Renal Healthcare.
Heidrich and his brokerage team
will handle leasing for Heaven III and NAI Realvest Senior Property Manager Catherine
Mallory, with more than 20 years of experience, will head up the property
management responsibilities for the 8.8-acre property and its office/showroom
and flex buildings including three that are fully leased.
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