Add to Technorati Favorites     SUBMIT YOUR BUZZ TODAY! You are not signed in (Sign In or Register)

Stirling Sotheby's International Commercial Realty negotiates sales of two out parcels totaling $3.8 Million at Rinehart Place in the I-4 corporate corridor of Lake Mary

Friday, November 14, 2008 / Stirling Sotheby's International Commercial Realty

Stirling Sotheby's International Commercial Realty negotiates sales of two out parcels totaling $3.8 Million at Rinehart Place in the I-4 corporate corridor of Lake Mary
 
LAKE MARY, Fla. -- Stirling Sotheby’s International Commercial Realty recently negotiated the sales of two out parcels at Rinehart Place, a 210,000 square foot mixed-use center under development on 23 acres on Rinehart Rd. and County Rd. 46A in the I-4 /Lake Mary corporate corridor. 
 
Roger Soderstrom, founder and owner of Stirling Sotheby’s International Realty  said broker associate Jeffrey Henwood negotiated both property sales.
 
Old Southern Bank, based in Clermont, paid $1.45 million for a 0.82-acre (+/-) out parcel at Rinehart Place and plans to build a 5,022 square foot branch bank with drive-through facilities.
 
CVS Pharmacy, the Delaware-based retail pharmacy chain, paid $2.35 million for its 1.5-acre (+/-) out parcel.  Henwood said CVS plans to develop a 12,900 square foot retail store with drive-through pharmacy at Rinehart Place.
 
Construction of the bank recently started (in mid-October).  CVS is expected to break ground in December.
 
Stirling Sotheby’s International Commercial Realty (www.stirlingcommercial.com) is the exclusive marketing representative for Rinehart Place. 
 
The developer of the highly visible medical/professional and retail center is MAQ Group Development based in Margate, Fla.
 
For more information please contact
Jeffrey Henwood, Stirling Sotheby’s International Commercial 407-571-2222
Frank Dever, Stirling Sotheby’s International Commercial 407-571-2222
Roger Soderstrom, Stirling Sotheby’s International Realty 407-588-1260
Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142

Published by : Larry Vershel
Larry Verhsel Communications
629 Executive Drive
Winter Park FL 32809
407-644-4142 P
407-644-4410 F


This article has been views 1928 time(s).

Related Articles :
No Related Content Found



Share this article on LinkedIn

Report this article as abuse

Reviews : 0
 User Rating :
Submit your Review