FCPG Team Closes $10.51+ Million Transactions in Dec. 2018

Retail, Office, Medical & Land Deals throughout Central Florida

December Transactions 2018

January, 2019 – The First Capital Property Group, Inc. (FCPG) team completed over $10.51+ Million in sale and lease transactions in December 2018.  Some of the notable transactions include:

Wm. Brady McGill completed the investment sale of New York Plaza, a three story ±33,465 SF mixed-use building in Historic Downtown DeLand, FL for $2,425,000 closing on Dec. 26, 2018.  McGill represented the Seller (‘New York Plaza, LLC’), an Australian group of investors. The Buyer (‘DeLand 100 Plaza, LLC’) was an investor from New York City.

Trey Gravenstein completed the investment sale of a ±33,585 SF big-box, a former hhGregg located across from the Florida Mall on Orange Blossom Trail in Orlando, FL. The sale closed at $3,500,000 on Dec. 5, 2018.  Gravenstein represented the Seller (’37 Gregg, LLC’) in this transaction.

Hunter Strickland completed a 5-year lease of ±9,865 SF in Kissimmee, FL to Rival Athletics Gym, LLC.  Strickland represented the tenant.

First Capital Property Group, Inc. is a Full-Service Real Estate company leasing and managing over 2 million square feet of commercial property in Central Florida. The information contained herein is believed to be reliable; however, First Capital makes no representations or warranties, expressed or implied, regarding its accuracy. ©2019 First Capital Property Group, Inc. – Licensed Real Estate Brokers.