Tuesday, June 30, 2020

Hold-Thyssen Completes Sale of Former Alarm Company Property in Altamonte Springs, FL



 Martin Forster 
ALTAMONTE SPRINGS, FL --- Hold-Thyssen, Inc., a full-service commercial property firm in Winter Park , recently closed on the sale of an office property at 702 and 720 Maitland Ave. in Altamonte Springs .   

  Two adjoining former homes built in 1967 totaling over 2,915 useable square feet on .43-acres was formerly the long-time site of an alarm installation and monitoring company, housing their offices and storage.  

Seller Hercules Management Corp. had the property on the market for several years before accepting a $340,000 purchase price from the investor-buyer who plans to operate the administrative offices of its business at the property.    

 Hold-Thyssen’s Martin Forster CCIM listed the property and represented both the buyer and the seller as a transactional broker.    The new business is expected to be in operation in approximately 60 days once roof replacement and renovations are completed.

CONTACTS:
           
Martin Forster, CCIM, Broker-Associate Hold-Thyssen Inc.,
 321-299-4164, mforster@HoldThyssen.com 

Robert P. Hold, Principal, Hold-Thyssen, Inc.,
 407-691-0505, bhold@HoldThyssen.com

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

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