Tuesday, September 17, 2013

Cushman & Wakefield Land Team Closes Three Orlando-Area Transactions


Sea World Orlando


ORLANDO, FL -- Cushman & Wakefield of Florida is pleased to announce its Orlando-based Land Brokerage Services team of Senior Director Margery Johnson and Associate Andy Slowik recently facilitated three land transactions in the Orlando area.

Margery Johnson
Johnson and Slowik represented Flournoy Development in the purchase of a 17.5-acre parcel on International Drive South in Orlando.

 The site is slated to house Bristol Lakes, a four-story, 346-unit luxury multifamily community with serene lakeside views in the midst of Orlando's tourist corridor.

The community will include two central lakes along with the latest in resort-style pool and clubhouse amenities. In addition to the Bristol Lakes’ contemporary design, the development will boast a convenient location, situated between Walt Disney World and SeaWorld and close to fine dining, shopping and nightlife.

Andy Slowik
The purchase price was $5,150,000, or $14,884 per unit for the land. The seller, Fifth Third Bank, was represented by Paul Hoffman of Coldwell Banker Commercial NRT.

Johnson and Slowik also assisted Redus Florida Land, LLC in the sale of Venetian Isles, a vacant 49 net-acre parcel on East Dixie Avenue and South Lake Street in close proximity to the Leesburg Regional Medical.

Paul Hoffman
 The buyer, TAC-FL Land Holdings, has plans for a mixed-use development consisting of assisted living, multi- and single-family residential. Mike Nolen of Coldwell Banker NRT represented the TAC-FL. The purchase price was $2,454,000.

Finally, Johnson and Slowik represented Mark Turner and John Gray as trustees of a 10.9 gross-acre parcel on Mitchell Hammock Road in Oviedo. The buyer was Chuluota Homes and Mortgages LLC.

 For a complete copy of the company’s news release, please contact:

David Meyer

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