 |
| Steve Costa |
DeLand , FL -- NAI Realvest |
Charles Wayne Commercial closed the sale of 6.44 acres on SR 15A in
DeLand.
Lake Mary-based Flagship Companies Group purchased the land for
$762,500 to build a mixed-use and self-storage development in the underserved
area.
"The market is currently
undeserved when it comes to the supply of flex space that this project will be
providing," says Steve Costa principal at NAI Realvest | Charles
Wayne who brokered the sale and represented sellers Norman and Victoria Todd
of Osprey, Fla.
The project, strategically
located at the northwest corner of the intersection of SpringGarden and S.
Adele Avenues in DeLand, will feature “‘Maker’ style spaces to encourage
employment opportunities in the SpringGarden area,” Costa said.
The Maker
units will consist of five retail units available for lease to local Artisans
in the community. The units will also have capability for light
manufacturing uses with additional storage space and secured outdoor parking,
he explained.
The state-of-the-art facility
is to be managed and operated by Extra Space Storage and will also include
controlled climate storage units and outdoor parking for RVs and boats.
Chicago-based Flagship is also
building and operating self-storage facilities throughout Florida including
Daytona Beach , Port Orange , Sanford , Orlando , Lakeland , Tampa and Sarasota
.
The DeLand development will
support two full time employees and it is estimated that over 50 people will be
necessary to support the mixed-use project at full capacity.
CONTACT:
Steve Costa, Principal, NAI Realvest | Charles Wayne
Commercial
407-875-9989 or 386-804-7259; scosta@nairealvest.com
Patrick Mahoney, President / CEO, NAI Realvest,
407-875-9989 pmahoney@nairealvest.com
Beth Payan, Larry Vershel Communications
407-644-4142 beth@larryvershel.com
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