Wednesday, August 25, 2010

CBRE Orlando: Sold Over $40M in three weeks (July 31 – Aug. 18, 2010)


ORLANDO, FL--CB Richard Ellis is pleased to announce the sale of two more multi-housing communities in Orlando over the last two weeks – their 10th and 11th apartment closings locally in 2010.

 The two most recent sales, Esplanade and Heathbrook, occurred in separate transactions to different buyers and sold for more than $40 million.












Shelton Granade (top right photo)  and Luke Wickham (top left photo)  of CBRE’s Central Florida Multi-Housing Group exclusively represented the sellers on both assignments.


Buyer interest in multi-housing assets in Central Florida has increased significantly over the last few months. CBRE currently has several other properties under contract, and is generating more than 40 offers on some widely marketed offerings.

 For further information, please contact the Central Florida Multi-Housing Group of CB Richard Ellis.

 Contacts:

Shelton Granade, Senior Vice President, Central Florida Multi-Housing Group,
 T 407 839 3103,  F 407 404 5001, mailto:shelton.granade@cbre.com
Luke Wickham, Director of Operations, Central Florida Multi-Housing Group,
T 407.839.3130, luke.wickham@cbre.com

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