Reichel Realty Handles 3 Commercial Sales for more than $3 Million

Nov. 1, 2010 - PRLog -- Reichel Realty & Investments announced three sales transactions totaling $3,785,000.

In Sebastian, Fla.  Reichel recently closed the sale of a new 7,000-square-foot freestanding Advanced Auto commercial building at a sale price of $2,153,000.  Dan Casey, vice president Reichel Realty handled this transaction, representing the buyer, Divosta Investments.   The seller was Sebastian Partners Development

Dan Casey also represented the buyer, Southport Mortgage, which paid $1,492,000 for a 7,000-square-foot retail strip center located at Village Green in Stuart, Fla. The Center is anchored by Dunkin Donuts.  The seller was D & D of Village Green, Inc.

The firm also handled the sale of property at 5701 Broadway in West Palm Beach, Fla.  The vacant commercial parcel sold for $140,000.  Reichel Realty & Investments exclusively represented the seller, Landmark Bank. The transaction was handled by Reichel’s Managing Director, Peter Filomena.  The buyer was Southern Engineering and Construction.