Michelle Seifert, (top right photo) vice president of Retail Services at Grubb & Ellis Commercial Florida, negotiated the transaction representing the seller.Local business owner, James and Michelle Shatz of Gulf Port, Fla. purchased the 2,496 square foot building to relocate and expand their bead and jewelry products company Celestial Beading.
The seller is J.T. Adventures Holdings, LLC based in Rochester Hills, Mich.
“It’s a perfect fit for their use. It provided a great opportunity for Celestial Beading to relocate and expand from inline space to a freestanding building. "Although it was long process, everybody was pleased that this transaction came to fruition during these tough economic times,” Seifert said.
The sales price was not disclosed.
Contacts:
Michelle Seifert, 813-830-7285
Jeffrey Sweeney, 407-481-5387
Larry Vershel, 407-644-4142
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