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You are here: Home / Commercial Real Estate & Developers / NAI Realvest Closes of Office Park Investment Sale

NAI Realvest Closes of Office Park Investment Sale

September 19, 2022 by Post

ORLANDO – Kevin O’Connor, Principal, Matt Cichocki, Principal, Tom R. Kelley II, CCIM, Principal and Chris Adams, MiCP, Vice President represented the seller, Heaven 3 RE, LLC, in the sale of Heaven III at 6925 Lake Ellenor Drive, Orlando.

The property is 114,250± SF office/flex business park consisting of 6 single-story buildings on 8.8 acres. 

The leasing team of Tom Kelley and Chris Adams leased the park to 98% occupancy, prompting the owner to sell it as an investment property. 

“The property is well-located as it is just off US Hwy 441, close to Sand Lake Road and the Florida Mall.  The location attracts a wide variety of users, which ensures that the occupancy rate remains high” said Matt Cichocki.

The buyer, Emma IV, Inc., paid $12,500,000 for the property.  They were represented by Radha Rambilas of RS Equity Services, LLC.

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About NAI Realvest

NAI Realvest, covering all of central Florida, is a fully integrated commercial real estate operating company specializing in brokerage, development, investment, leasing and management, consulting and research services in the U.S. and worldwide. NAI Global is an international commercial real estate network with over 400 offices spanning the globe.  Since 1978, clients have built businesses on the power of NAI Global’s expanding network.  Extensive services include multi-site acquisitions and dispositions, sublease, tenant representation, lease administration and audit, investment services, due diligence and related consulting and advisory services. To learn more, visit www.nairealvest.com.

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