 |
| Steve Costa |
DELAND –
Steve Costa, principal with NAI Realvest | Charles
Wayne Commercial, recently negotiated the sale of a 13.10-acre DeLand parcel at
the intersection of West Plymouth and Adelle Avenues to an Orlando company for
$694,548.00.
Costa,
who represented the Tampa-based sellers Michael A. Dougherty and Marshall H.
Dougherty, Jr., d/b/a Volusia Oaks said the property – near DeLand’s medical
district – is part of an assemblage that will become a community called Lincoln
Oaks with 60+ homesites and with medical office and retail space.
The
buyer, Adelle at 4092 LLC, was represented by Mason Urbanski of
Incite Commercial in Orlando . The property is being developed by Owais
Khanani, managing partner of Elevation Development, LLC.
 |
| Mason Urbanski |
Lincoln
Oaks has also been approved for 40,000 square feet of medical office and
medical related space which may also include assisted living facility, Khanani
said.
The
commercial portion of the project is expected to be completed within the next
12 months, he added.
Costa
and the NAI Realvest | Charles Wayne Commercial team are
currently marketing the medical and medical related space for lease.
 |
| Owais Khanani |
About Charles Wayne
Properties:
Charles
Wayne Properties has also served the needs of the real estate community since
1978.
It has developed and managed shopping centers, freestanding retail, office buildings and industrial parks.
It has developed and managed shopping centers, freestanding retail, office buildings and industrial parks.
CWP
has worked with local and national clients in capacities including brokerage,
development, investment sales, health care practice sales, tenant
representation, property management and receivership.
To
learn more, please visit www.charleswayne.com
CONTACTS:
Steve
Costa, principal with NAI Realvest | Charles
Wayne Commercial,
Owais
Khanani, Elevation Development
321-287-4898 owais@elevationdev.com
Patrick
Mahoney, President / CEO NAI Realvest,
407-875-9989 pmahoney@realvest.com
Beth
Payan, Larry Vershel Communications
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