NAI Realvest Negotiates $3.19 Million Sale of 39,712 Square Foot Neighborhood Shopping Center in Casselberry
Casselberry, Fla. – NAI Realvest, based in Orlando, recently negotiated the $3,190,000 sale price for Greater Marketplace II, a 39,712 square foot retail center at 112 Sausalito Blvd. in Casselberry north of Orlando.
NAI Realvest Broker Associate Drew Saphos, CCIM and Chairman George Livingston represented the Pompano Beach-based seller JAB Shopping Center II, LLC.
Pyensa, LLC of Hialeah, Fla. purchased the center, which was built in 1985. Buyer was represented in the transaction by Oscar Rodriquez of B Live Real Estate.
Existing long-time tenants at the Greater Marketplace II include Planet Fitness, Seminole County Health Department, and Sego’s Home Medical. The center was 83 percent occupied at the time of the sale.