NAI Realvest Negotiates Industrial Land Sale near Downtown Sanford Where High-End Tool Manufacturer Will Provide Jobs by Summer

Tai Lee

Sanford , FL -- Orlando-based NAI Realvest recently negotiated the $325,000 sale of 1.19 useable acres of industrial land at 501 Gordon St. just east of downtown Sanford and south of S.R. 46.

 Tai Lee, CCIM sales and leasing associate at NAI Realvest represented the seller, Magical Growth, Inc. of Lake Mary .   The buyer is Magma Diamond Tools, Inc. which makes high end tools for cutting, polishing, sanding and grinding granite.

Aerial of 501 Gordon Street land
 Sanford, FL

Young Cha Proctor, president of Magma Diamond Tools based in Lake Mary , said he plans to build two 7,500 square foot buildings on the property with Phase I planned for completion by May or June.  The company will initially add 4-5 jobs at the location.    

CONTACTS:

Tai Lee CCIM, Sales and Leasing Associate, NAI Realvest, 875-9989 TLee@Realvest.com

Robin L. Webb, CCIM, CHA, CHB, CRB, CPM, MRICS, Managing Director, NAI Realvest, 407-875-9989 Rwebb@realvest.com

Beth Payan, Larry Vershel Communications 407-644-4142 beth@larryvershel.com