Wednesday, August 24, 2011

Morrison Commercial Real Estate and CLW Industrial Group Team Up for a $9 Million Building Sale in Lake Mary, FL



ORLANDO, FL (Aug. 24, 2011):  Greg Morrison, CCIM, SIOR, Principal of Morrison Commercial Real Estate, announced the completion of a $9 Million Building Sale in Lake Mary. 

Lisa Bailey (top right photo) of Morrison Commercial Real Estate partnering with Ross Kirk (lower left photo) of CLW Property Services Group represented Regions Bank in one of the largest office/warehouse building sales of the year.

 Located at 2452 Lake Emma Road in Lake Mary, Florida, the 562,817± square foot building sold for $9 Million to American Real Estate Partners, LLC.  The Buyer was represented by Karen E. Poydenis of Poydenis Properties, LLC -Vero Beach, FL.

  This transaction was unique in that this property was under contract before it ever went to the market.

 American Real Estate Partners is a fully integrated, privately held, real estate investment company focusing on commercial real estate assets and real estate financial instruments in the major markets along the Eastern Seaboard of the United States.

They have a simple philosophy, “Identify opportunity, manage risk and create value.”

Contact: Buffy Gillette, Phone: 407.219.3500

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