SVN Commercial Advisory Group manages sale of $6.1M Industrial asset in Bradenton

Business

Senior advisor Mike Migone, CCIM, of SVN Commercial Advisory Group recently coordinated the sale of 2, fully leased industrial buildings totaling 52,650 SF at 5103 & 5107 Lena Road in Bradenton, FLA. Maraba, LLC,  was the seller. Diventi St. Armands, LLC, was the buyer. Migone represented the seller. Michael Hollander and Joe C. Hembree from Hembree and Associates represented the buyer. Purchase price was $6,100,000. “The property consists of 27-1800 SF income producing units that maintain close to 100% occupancy.” Said Migone, concerning the property. “The low vacancy rate, combined with the prime location just off of I-75 and SR 70 made this asset very appealing to the buyer.” Diventi St. Armands plans to keep the property as a fully leased income producing asset.

« View The Monday Jan 6, 2020 SRQ Daily Edition
« Back To SRQ Daily Archive

Read More

Clive Daniel Home Transforms Homes by WestBay's Newest Models

Clive Daniel Home Transforms Homes by WestBay's Newest Models

Mar 18, 2024

WINDOOR and PGT Products Prominently Featured on HGTV’s Rock the Block

WINDOOR and PGT Products Prominently Featured on HGTV’s Rock the Block

Mar 11, 2024

Grapevine Communications Wins Big at AAF Suncoast ADDYs

Grapevine Communications Wins Big at AAF Suncoast ADDYs

Mar 4, 2024

Tervis Big Winner of Super Bowl LVIII

Tervis Big Winner of Super Bowl LVIII

Jacob Ogles | Feb 12, 2024