Hold-Thyssen Brokers $2 Million Sale of Two Adjacent Multi-Tenant Office Buildings on Highway 50 in Clermont, FL

 Martin Forster

 CLERMONT, FL  --- Hold-Thyssen, Inc., a full service commercial property firm based in Winter Park, recently arranged the $2,100,000 sale of two adjacent multi-tenant office buildings totaling 9,000 usable square feet at 295 and 297 E. Highway 50 in Clermont.

 Hold-Thyssen’s Martin Forster, CCIM, negotiated the sale representing the Winter Park-based seller, Foley Properties, LLC, which owned the property for several years.

 

The owner occupied two of the suites for his own business.  Once he vacated, he leased out those suites and selected Forster to take the property to market. 

 

According to Forster, several bidders attempted to purchase the buildings and after a brief negotiation, a Groveland-based international investor acquired the property.

 

“It was an excellent value-add investment purchase for the new owner as well as an advantageous, well-timed sale for the seller,” Forster said.

Two adjacent multi-tenant office buildings
 totaling 9,000 usable square feet
 at 295 and 297 East Highway 50
 in Clermont, FL

The buildings constructed in 1986 on a half-acre site were 100 percent leased at the time of the sale. 

 

Hold-Thyssen provides commercial property brokerage and leasing and management services to institutional and private investor clients nationwide.  The 40-year old firm’s current management portfolio includes more than 100 commercial properties throughout the United States.

 

CONTACTS:

 

 

Martin Forster

 Senior Broker Associate

 Hold Thyssen, Inc.

321-299-4164

mforster@HoldThyssen.com

 

Anthony Fisher

 Vice President

Hold-Thyssen Real Estate Services

 407-691-0505

 afisher@HoldThyssen.com

Beth Payan

 Larry Vershel Communications Inc.

 407-461-3781

 beth@larryvershel.com