Hold-Thyssen Closes $3.4 Million Sale of Multi-Tenant Retail Center Facing I-75 in Ocala
OCALA --- Hold-Thyssen, a full service commercial property firm based in Winter Park, brokered the sale of Marion Crossing, a 60,000 square foot multi-tenant retail center built in 1990 at 2101 SW Highway 484 off of I-75 in Ocala.
The property, situated on 19 acres overlooking I-75, was 73 percent occupied at the time of the sale and sold by Security Mutual Life Insurance Company of New York to a California investment entity for $3,400,000.00. Major tenants include Hemispherx, VNA of Florida and Low Vision Aids Inc.
“We were able to bring a group of doctors from California to a successful and seamless closing of the transaction,” said Saxon Evans, Director of Investment Sales at Hold-Thyssen, who negotiated the sale representing the buyers and seller.
Hold-Thyssen based in Winter Park with offices in Clearwater, provides commercial property brokerage and leasing and management services to institutional and private investor clients nationwide. The 40-year old firm’s current portfolio includes more than 100 commercial properties throughout the United States.