9/6/2007JV purchases Florida office building for $19.6 million
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| 850 Trafalgar |
The New York City-based
Praedium Group and Orlando-based
Tower Realty Partners purchased the four story 850 Trafalgar building in the Maitland Office Park in Maitland, Fla., for $19.6 million.
The seller was Palm Beach, Fla.-based
Tricony Management, who was represented by Hermen Rodriguez, Ike Ojala and Ignacio Portuondo of
Holliday Fenoglio Fowler.
The 146,996 square foot building was built in 1983 and renovated in 1994. It is situated on 8.75 acres and was 86 percent occupied at the time of sale to tenants such as the FBI, IRS, Fidelity National Title and Strayer University.
Holliday Fenoglio Fowler is a mortgage banking firm offering debt placement, equity, structured financing, property sales and loan servicing.
Tricony Management is a commercial real estate brokerage firm.
Tower Realty Partners is a real estate investment company that focuses on development, brokerage and management services.
The Praedium Group is a real estate investor focusing on middle-market, underperforming and undervalued assets throughout the United States and Canada.
Address: 850 Trafalgar Ct., Maitland, Fla.
Size: 146,996 square feet
Built: 1983
Filed Under: Office | | |
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