 |
| Poinciana CommerCenter East 1701-1829 Business Center Lane Kissimmee, FL |
 |
| Michael Heidrich |
Kissimmee, FL -- Orlando-based NAI Realvest closed on the $8.4
Million sale of Poinciana CommerCenter East at 1701-1829 Business Center
Lane in Kissimmee – the last industrial project completed by the distinguished
Maitland-based developer Small Bay Partners.
NAI Realvest Principals Michael
Heidrich, Kevin O’Connor and Matt Cichocki brokered the transaction on behalf
of the seller Small Bay Partners, LLC and the buyer,
Orlando-based Hanover Capital Partners, an investor who also owns the
adjacent property.
Phase I of Poinciana CommerCenter
East opened in late 2009. Phase 2 was completed in early 2017.
 |
| Howard Schieferdecker |
The
five-building campus with a total of 96,528 square feet of office/industrial/retail/showroom
space on 6.42 acres is located on US 17-92/Orange Blossom Trail just east of
its intersection with Poinciana Blvd. and a quarter mile from the
Poinciana SunRail Station.
It was 90
percent occupied at the time of the sale. Tenants include Osceola County
, Massey Services and Anytime Fitness.
Since 2001 Small Bay Partners
developed, leased, managed, and sold five “CommerCenters” in Winter Garden,
Orlando , Sanford and Kissimmee .
The principals, including the late NAI Realvest
Founder and Chairman George Livingston, real estate veterans Heidrich, Howard
Schieferdecker and banker Geof Longstaff, successfully predicted a need to
target industrial users of from 2,000 to 25,000 square feet.
 |
| George Livingston |
The new owner has engaged NAI
Realvest to continue property management and leasing services.
NAI Realvest in Orlando, covering all of Central Florida, is a fully integrated commercial real estate operating company specializing in brokerage, development, investment, leasing and management, consulting and research services in the U.S. and worldwide.
NAI Global is an international commercial real estate network with over 400 offices spanning the globe.
Since 1978, clients have built businesses on the power of NAI Global’s expanding network.
 |
| Geof Longstaff |
To learn more, visit www.NAIRealvest.com
CONTACTS:
Michael Heidrich, Principal, NAI
Realvest and Small Bay Partners, LLC,
407-875-9989; mheidrich@realvest.com
407-875-9989; mheidrich@realvest.com
Matt Cichocki or Kevin O’Connor,
Principals, NAI Realvest,
407-875-9989 mcichocki@realvest.com ormoconnor@realvest.com
407-875-9989 mcichocki@realvest.com ormoconnor@realvest.com
Beth Payan, Larry Vershel
Communications Inc. 407-644 4142 or
407-461-3781 Lvershelco@aol.com orbeth@larryvershel.com
407-461-3781 Lvershelco@aol.com orbeth@larryvershel.com
No comments:
Post a Comment