MAITLAND, Fla. – NAI Realvest recently negotiated two new lease agreements totaling 4,125 square feet of industrial space at 853 Waterway Place in Longwood.
NAI Realvest Associate Michael Heidrich, Jr., was the lead broker for both transactions, representing the landlord and the local tenants, along with Michael Heidrich Sr., Principal at NAI Realvest.
NACB, Inc. leased units 125 and 141 totaling 2,875 square feet at the facility and Gene Lagardo leased unit 133 with 1,250 square feet.
The building is now 100 percent leased with the owner occupying the other 3,375 square feet of the 7,500 square foot building which Heidrich, Sr. sold to them in January of 2010 for $385,000.
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.