SVN senior advisors Ali Mushtaq in Winter Park, Fla., T.C. Chen in Orlando, Fla., and Loraine Rahm in Collegeville, Pa., collaborated on the sale of the Main Gate West Flea Market property in Kissimmee. The transaction, which closed on Feb. 20, was for $6.5 million, and further advances the success of the SVN difference of an open, transparent, and collaborative approach to commercial real estate that delivers exceptional value to clients.
U-Haul Co. of Florida, based in Tampa, purchased the property and will convert it to a climate-controlled self-storage center with rental services. The property, at 8546 W. Irlo Bronson Memorial Highway (U.S. 192), features two buildings comprising 96,300 square feet on 5 acres. It was built in 2013. U-Haul Co. of Florida now owns and operates more than 50 million square feet of self-storage space across North America.
“Through the SVN culture of collaboration among advisors, we were able to connect with Loraine, who was working with U-Haul to find an ideal location,” said Mushtaq, a senior advisor with SVN Florida whose specialties include the sale and development of retail and commercial properties. “U-Haul wanted increased exposure on U.S. 192, especially with the various new developments in the area.”
Chen said the collaborative effort greatly reduced the time needed to bring to deal to the table.
“The property sold within two months after connecting with Loraine,” said Chen, who also is a senior advisor with SVN Florida. “Because our platform is so transparent, the transaction was greatly accelerated.”
SVN advisors share commission fees with cooperating brokers to close more deals in less time and at the right value for clients. SVN Florida provides services in more locations than any other commercial real estate company in the Sunshine State.
About SVN
SVN, a commercial real estate brokerage firm headquartered in Boston, is one of the industry’s most recognized brands based on the annual Lipsey Top Brand Survey. With more than 190 locations in 500 markets, SVN Commercial Real Estate Advisors provide sales, leasing and property management services to more than 5,550 clients worldwide. The Florida team consists of more than 100 advisors serving locations across the state. SVN advisors represent clients in office, multifamily, retail, industrial, self-storage, hospitality, marina, mobile home park and land transactions. All SVN offices are independently owned and operated. For more information on SVN Florida, visit www.svnflorida.com
Contacts
Ali Mushtaq, senior advisor, SVN Florida, 407-325-1446 / ali.mushtaq@svn.com
T.C. Chen, senior advisor, SVN Florida, 407-948-2532 / chent@svn.com
Ken Zeszutko, Zeszutko Corp.-PR and Digital Marketing, 321-213-1818 / kenz@zcorppr.com
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