MAITLAND, Fla. – NAI Realvest recently completed the $870,000 sale of a 12.51-acre industrial development site at Poinciana Office and Industrial Park on Poinciana Blvd. and U.S. Hwy.17-92 in Poinciana, Osceola County.
NAI Realvest Principals Robert Blackwell, SIOR and Michael Heidrich negotiated the transaction representing the seller Avatar Properties, Inc. of Coral Gables.
Red Apple at Poinciana, LLC a Fort Lauderdale-based developer, bought the site designated as Tract H in the industrial park and plans to develop a charter school.
Dan Shalloway of Sperry Van Ness represented the buyer.
About NAI Realvest
NAI Realvest, serving 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 350 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.