Hold-Thyssen Brokers $2.1 Million Sale of Two Adjacent Multi-Tenant Office Buildings on Highway 50 in Clermont
By Post
Tampa Bay Newswire
Published: Feb 28, 2023

CLERMONT — Hold-Thyssen, Inc., a full-service commercial property firm based in Winter Park, recently arranged the $2,100,000 sale of two adjacent multi-tenant office buildings totaling 9,000 usable square feet at 295 and 297 E. Highway 50 in Clermont.

Hold-Thyssen’s Martin Forster, CCIM, negotiated the sale representing the Winter Park-based seller, Foley Properties, LLC, which owned the property for several years. The owner occupied two of the suites for his own business. Once he vacated, he leased out those suites and selected Forster to take the property to market.

According to Forster several bidders attempted to purchase the buildings and after a brief negotiation, a Groveland-based international investor acquired the property. “It was an excellent value-add investment purchase for the new owner as well as an advantageous, well-timed sale for the seller,” Forster said.

The buildings constructed in 1986 on a half-acre site were 100 percent leased at the time of the sale. Hold-Thyssen provides commercial property brokerage and leasing and management services to institutional and private investor clients nationwide. The 40-year old firm’s current management portfolio includes more than 100 commercial properties throughout the United States.