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| Paul Bouldin |
WINTER HAVEN, FL– Marcus & Millichap Real Estate
Investment Services, the nation’s largest real estate investment services firm,
has announced the year-end sale of King's Landing, a 15.60-acre parcel
of land located in Winter Haven, Florida, according to Richard D. Matricaria,
Regional Manager of the firm’s Tampa office. The property was sold for
$340,000.
Paul Bouldin and Michael Donaldson, senior
associates in Marcus & Millichap’s Tampa office, represented the
institutional seller, a limited liability company based out of Texas. Mr. Bouldin and Eshenbaugh Land Company
represented the buyer, a developer from Oklahoma.
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| Michael Donaldson |
King's Landing is located at the northeast corner of King
Road and Crosstower Drive in Winter Haven, Florida. It is situated approximately 200 feet north of the intersection
of King Road and Winter Lake Road which has a traffic count of approximately
18,500 vehicles per day.
Winter Haven
is home to LEGOLAND Florida which is Florida’s newest theme park. LEGOLAND Water Park was unveiled in May of
2012, just seven months later.
“In an effort to respond to the seller’s needs, we were able
to migrate from offering, to contract execution, to closing in just a few
weeks,” says Mr. Bouldin. “The result
satisfied the seller’s request and represented real value to a buyer willing
and able to respond to the opportunity,” adds Mr. Bouldin. “It was a very tight timeline and the
successfully completed transaction was a real testament to everyone involved.
Press Contact:
Richard D.
Matricaria
Regional Manager, Tampa
(813) 387-4700
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