Deerfield Beach, Florida (September 29, 2017) – Friedman Integrated Real Estate Solutions, one of the nation’s leading providers of commercial real estate services, recently sold a 10,542-square foot industrial building located on .55 acres at 5140 110th Ave N Pinellas Park, Florida. The seller, SAMC REO 2013-01, LLC, sold the office building to Lana R-Bar Inc.
Daniel Otten, Vice President, Brokerage and Advisory Services at Friedman represented the buyer and the seller in this transaction.
“This was a great opportunity for an investor to acquire a below market value property that was fully leased to an established tenant. The area of Pinellas Park is seeing increased demand and values are continually meeting or exceeding expectations in the market,” said Otten.
ABOUT FRIEDMAN INTEGRATED REAL ESTATE SOLUTIONS
As one of the largest privately-held full-service commercial real estate organizations in the nation, Friedman Integrated Real Estate Solutions provides clients with a single point of contact for the full range of Advisory, Property Management, Brokerage and Construction services that it offers.
Friedman manages more than 140 commercial properties encompassing more than 16M SF and more than 10,000 apartment homes throughout Florida and the United States. Headquartered in Farmington Hills, Michigan, Friedman’s brokerage team has over 800 current listings with $10 billion in closed transactions. As owners and managers of commercial property for 30 years, Friedman understands what it takes to achieve results that maximize their clients’ objectives.
For more information, please visit: www.friedmanrealestate.com.
