Demetree Global Strengthens Central Florida Presence With Baldwin Park Office Building Acquisition
The property sold for $254 per square foot.
The property sold for $254 per square foot.
The 47,418-square-foot, 2 building property features 18 office suites and 10 retail units.
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He joins JLL from Avison Young, bringing more than 14 years of experience in commercial real estate, specializing in office tenant representation.
The company has opened three new locations in the Central Florida area this year, with two additional locations slated to open by the end of this year.
Andrew McCaw, Senior Vice President of Tenant Representation at NAI Realvest, represented the tenant in the lease deal.
“Andy’s dedication to his clients has resulted in a substantial number of closed deals worth over $630 million to date. He has more than earned this promotion,” said Patrick Mahoney, CEO at NAI Realvest.
Cushman & Wakefield’s Rick Colon, Rick Brugge, Mike Davis, and Mark Stratman represented the seller. The property was acquired by Realife Real Estate Group.
The trajectory is expected to continue for the next two years.
The purchase marks the largest office sale in Maitland since May 2022.
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