Tuesday, August 31, 2010

Central Florida Advisors, a Grubb & Ellis Commercial Florida Subsidiary, Increases Portfolio of Tax Advisory Properties by 300 Percent


ORLANDO - Last year, Central Florida Advisors, the tax advisory subsidiary of Grubb & Ellis Commercial Florida, represented properties valued at more than $100 million.

This year, Central Florida Advisors represents properties valued at more than $460 million in Florida, reports Jeff Sweeney (top right photo), president and managing principal at Grubb & Ellis Commercial Florida.

Central Florida Advisors specializes in helping commercial property owners reevaluate their property tax assessments, Sweeney explained.

Central Florida Advisors helped the owners of one suburban-area mixed use property cut their property taxes by nearly 50 percent, Sweeney said.

“That resulted in over $200,000 of tax savings for their bottom line,” he added.

The deadline for appealing property tax assessments in Orange County is Sept. 10.

Contacts:
Brett Felberg, 407-481-5390;
Jeff Sweeney SIOR President 407-481-5387;
Larry Vershel Communications 407-644-4142

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