CB Richard Ellis Orlando Brokers Sale of Manatee Woods Apartments in Bradenton, FL

CB Richard Ellis is pleased to announce the recent sale of Manatee Woods apartments, (top right photo)  a 226-unit rental community in Bradenton, Florida.

Completed in 1993, the property features 1, 2, and 3 bedroom floor plans averaging 898 SF. The property was 92% occupied at closing.

Shelton Granade (middle left photo), Luke Wickham, (bottom right photo)  Jim Bobbitt, and John Selby of CBRE exclusively represented the seller in the transaction.

Including the sale of Manatee Woods this month, CBRE’s Central Florida Multi-Housing Group has closed nearly $93 million of the approximately $134 million in apartment transactions in Orlando so far this year.

Multi-housing sales activity has continued to increase throughout the year. CBRE’s Central Florida Multi-Housing Group has closed more multi-housing properties locally in 2009 than any other company, and continues to be the market leader in Orlando.

For further information, please contact the Central Florida Multi-Housing Group of CB Richard Ellis.

Shelton Granade, Senior Vice President , Central Florida Multi-Housing Group,T 407.839.3103, shelton.granade@cbre.com

 Luke Wickham, Director of Operations, Central Florida Multi-Housing Group, T 407.839.3130,
 luke.wickham@cbre.com