Sunday, December 5, 2010

Hendricks & Partners Negotiates Sale of 250 Acre Martingale Estate Site in Stuart, FL for $2.4 Million


ORLANDO, Fla. --- Hendricks & Partners, the nation’s largest multifamily advisory and research firm, recently negotiated the sale of the 250 acre Martingale Estate site off I-95 and S.R. 714 in Stuart for $2.4 million.

Cole Whitaker (top right photo), who heads the southeast region for Hendricks & Partners in Orlando, said the site was co-listed with Celebration-based Jim Dowd Properties, Inc., who assisted in the negotiations for the seller, Capstone Resdev, LLC, of Delaware

H.M. Properties, an international investor, acquired the property. Southeast, Inc. participated in the transaction representing the buyer.

For more information,  contact:  
Cole Whitaker, Southeast Partner, Hendricks & Partners 407-218-8880 cwhitaker@HPAPTS.com;
  
Hal Warren, Associate Partner, Hendricks & Partners 407-218-8881 hwarren@HPAPTS.com

Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142 lvershelco@aol.com
  


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