Tuesday, August 26, 2014

NAI Realvest Closes Sale of 22+ Acres of Lakeland, FL Industrial Land for $1.26 Million


Christie Alexander
LAKELAND, FL --- NAI Realvest recently closed the sale of 22.22 acres of industrial land located at 3150 County Line Rd. in Lakeland for $1,260,000.00.    
 NAI Realvest broker associate Drew Saphos, CCIM, chairman George Livingston, principal Christie Alexander, and associate Paul Vera, CCIM negotiated the sale representing the seller, Ozark Automotive Distributors, Inc. c/a O’Reilly Auto Parts based in Springfield, Mo. 

Gateway Business Park, LLC, c/a The Ruthvens, Inc., a Lakeland-based development firm, purchased the property and was represented in the transaction by David Bunch of Hauger-Bunch, Inc.  

According to Saphos, The Ruthvens intend to develop the site for speculative industrial product, similar to their Ruthven Business Park on Gateway Boulevard to the northeast.




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

Beth Payan, Larry Vershel Communications, 407-644-4142 lvershelco@aol.com

   

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