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NAI Realvest Closes $1 Million Sale of Commercial Land for Wetlands Mitigation and Retail Developmen

ORLANDO – NAI Realvest recently closed on the sale of 72.52 acres at 12329 Winter Garden Rd. in southwest Orlando’s tourism corridor. Buyer WMG Development of Effingham, IL paid $1,000,000.00 for the property.

Jason G. Toll, MiCP, Director at NAI Realvest negotiated the transaction representing the seller Hojosaki, LLC of Newton, MA.

Toll said the buyer is a nationally recognized retail developer who will use the property for onsite wetlands mitigation to restore, preserve and enhance the acreage while developing the adjacent 12 acres fronting on Winter Garden Vineland Road that also includes environmentally sensitive land a/k/a/wetlands.

Jared Ettinger and John Park of Berkshire Realty, LLC represented the buyer.

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About NAI Realvest

NAI Realvest, serving all of Central Florida, is a fully integrated commercial real estate operating company specializing in brokerage, development, investment, leasing and management, consulting and research services in the U.S. and worldwide. NAI Global is an international commercial real estate network with over 400 offices spanning the globe. Since 1978, clients have built businesses on the power of NAI Global’s expanding network. Extensive services include multi-site acquisitions and dispositions, sublease, tenant representation, lease administration and audit, investment services, due diligence and related consulting and advisory services. To learn more, visit www.NAIRealvest.com.

 

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2433 Lee Rd Winter Park FL us 32789

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