Monday, January 30, 2012

Commercial Asset Partners closes $294K medical sale to dentist in Trinity, FL




Trinity, FL (Jan. 30, 2012) – In an indication of the demand for medical office space in the Trinity area of Pasco County, Commercial Asset Partners (CAP) Realty closed the sale of a 3,280-square-foot office condo in Trinity Professional Center (top left photo) to a pediatric dentist.

The space, sold for $294,350, is located at 8804 Hawbuck Street in Trinity.

Carol Kinnard (top right photo) of CAP represented the seller, RKL Investments, LLC. Diane Weldon (middle left photo) of Coldwell Banker Action Realty represented the buyer, pediatric dentist Dr. Christopher Eric Chuong.

Dr. Chuong, new to the Trinity area, purchased half of the 6,560-square-foot building, making it 100 percent occupied. The office condo unit was a gray shell requiring a build-out analysis and interior construction for the buyer.

In an area that was previously vacant ranch land, the demand for medical office space has been increasing, tied to the construction of the Medical Center of Trinity, a hospital owned by HCA Healthcare. The hospital, slated to open in February, is moving from its previous location in New Port Richey, Fla.

“Since the Medical Center of Trinity announced that it is entering the area, we’ve seen an increase in commercial activity,” said Kinnard. “We’re seeing an especially large interest in medical office sales and leasing.”

Kinnard, who holds the Associated Medical Office Expert (AMO) certification, specializes in the sales and leasing of medical office space and is well-versed on the unique requirements for certain specialty practices.

CAP also recently completed the following office lease transactions in the Tampa Bay area:

·            Apollidon Learning, a provider of marketing and student recruitment for distance education masters degrees, expanded their space at Bay Arbor Place at 3689 Tampa Road in Oldsmar, Fla. Heidi Tuttle-Beisner, Broker-Owner at CAP Realty, worked as a transactional broker and facilitated the deal.

Stillpoint Capital, a financial management and advisory company, leased 2,000 square feet in the 3,500-square-foot professional building at 13051 W. Linebaugh Avenue in Tampa. Theresa Margaris (middle right photo) of CAP Realty worked as transactional broker and facilitated the deal. The entire transaction was completed in less than 45 days.

·            CSDVRS, LLC, a national company providing video conferencing services for the deaf community, leased 3,000 square feet at 1038 E. Brandon Blvd. in Brandon. The tenant was represented by Paula Clair Smith, CCIM, of CAP Realty and the landlord, NextGen Realty, LLC was represented by Bruce Demers of Doyle & McGrath Real Estate out of Lutz.

Sunfield Homes, Inc. leased 2,600 square feet in a 31,000-square-foot office park at 8139 State Road 54 in Trinity. Heidi Tuttle-Beisner (lower left photo) worked as a transactional broker and facilitated the deal.

One of the top mid-sized commercial real estate companies in the Tampa Bay area, CAP Realty handles leasing and sales of retail, office and industrial properties, along with helping clients with real estate investment sales and land transactions.

Based in Trinity, Fla., Broker-Owner Heidi Tuttle-Beisner and her team have built a company that has the experience and resources to handle a wide range of assignments, while offering a high level of personal service for each client.

For more information, see the company’s website at www.cap-realty.com.


Contact:
Leah Saunders
Account Executive
25 Second Street North | Suite 220 | St Pete, FL 33701
o 727.895.5030 x104 | c 813.924.0367

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