NAI Realvest Negotiates $1.5 Million Sale of Downtown Office Building
ORLANDO -- NAI Realvest negotiated the sale of a downtown Orlando office building with 9,918 useable square feet at 701 E. South St. off Summerlin Avenue in Thornton Park for $1,525,000.00.
Jeff Bloom, CCIM, vice president at NAI Realvest negotiated the transaction representing the seller Orlando-based 701 South, LLC whose principals include Robert L. Harding and Laura C. Harding.
Black Business Investment Fund, Inc. purchased the two-story building constructed in 1964. The buyer plans to occupy a vacant suite on the first floor and will continue a long-term lease with Orange County who occupies the remainder of the building. Kimberly Robinson of Dover International Realty represented the buyer, who provides loan capital and business development training to minority and underserved businesses and communities.