Celebration, Fla. — Hold-Thyssen closed on the user sale of a 7,435 square foot free-standing office building on a half acre site in Celebration. The property at 1216 Patrick Street, built in 1997 and refurbished in 2017, sold to the tenant for $1,768,850.00.
Hold-Thyssen Senior Director Martin Forster, CCIM brokered the transaction on behalf of the seller, 1216 Patrick Street, LLC. The buyer 1216 SCARF, LLC embodies principals of Serving Children and Reaching Families, LLC, a rapidly growing, minority woman-owned, behavioral health service provider.
Forster said SCARF had leased the one-story building since October 2017 and decided to take advantage of current low interest rates and an SBA loan. Lender One Florida Bank was represented by Senior VP Shane McCutchen in collaboration with Florida First Capital Finance Corp.’s Vice President John Hanrahan who arranged the SBA portion of the loan.
Hold-Thyssen, Inc. provides commercial property brokerage and leasing and management services to institutional and private investor clients nationwide. The 40-year old firm’s current portfolio includes more that 100 commercial properties throughout the United States.
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For more information, media contacts:
Richard J. Fisher, Vice President/Investor Services, Hold-Thyssen, Inc. 727-238-3876 rfisher@HoldThyssen.com
Robert P. Hold, Principal, Hold-Thyssen, Inc. 407-691-0505, bhold@HoldThyssen.com
Beth Payan, Larry Vershel Communications Inc. 407-644-4142, 407-461-3781 or firstname.lastname@example.org