1st Quarter 2016 Transactions
FOR IMMEDIATE RELEASE
Lee & Associates – Central Florida, LLC
Jason Bantel, CCIM, email@example.com
LEE & ASSOCIATES COMPLETES OVER 727,000 SQ FT OF COMMERCIAL REAL ESTATE TRANSACTIONS VALUED AT OVER $30.2 MILLION DURING THE 1ST QUARTER OF 2016
ORLANDO, FL – March 31 2016—The Central Florida office of Lee & Associates, the nation’s largest broker-owned commercial real estate firm, is off to a fast start to 2016 and is pleased to report that it closed over 727,000 SF of commercial transactions during the 1st quarter of 2016. Some notable deals to report:
Tom McFadden, SIOR and William “Bo” Bradford, CCIM, SIOR, Co-Presidents, represented ICON Fl Orlando in the lease of 40,885 sf of industrial space to Titan Commercial Warehouse, Inc. in Orlando and represented Prologis in the lease of 60,500 sf to Walmart in Lake Mary. The team also handled a few notable expansions by representing McDonald Ventures in the expansion of Bridgestone Tires for 43,120 sf & expansion of Live TV for 105,900 sf in Orlando.
Jason Bantel, CCIM, Senior Vice President, represented Westmonte Professional Center, LLC in the sale of a 24,100 sf office building at 235 N. Westmonte Dr. in Altamonte Springs. The building, 100% occupied by Physician Associates, a wholly owned subsidiary of Orlando Health, was purchased by an investor for $4.4 million. Mr. Bantel also represented Crakes & Sons, Inc. in the sale of a 32,000 SF industrial building at 1031 Miller Drive in Altamonte Springs. The 100% occupied building was purchased by one if its existing tenants for a price of $1.21 million.
About Lee & Associates
Celebrating more than 37 years of leadership excellence in commercial real estate, Lee & Associates is the largest broker-owned firm in North America with locations across the U.S. and Canada including California, Colorado, Arizona, Florida, Georgia, Idaho, Illinois, Indiana, Kansas, Maryland, Michigan, Missouri, Nevada, New Jersey, New York, Ohio, Pennsylvania, South Carolina, Texas, Vancouver BC and Wisconsin. With more than 800 brokers nationwide, Lee & Associates provides a wide range of specialized commercial real estate services on a local, regional and national level. For the latest news from Lee & Associates, visit lee-associates.com or follow us on Facebook, LinkedIn and Twitter.