There were 506 press releases posted in the last 24 hours and 401,710 in the last 365 days.

SVN | McDONALD & COMPANY ANNOUNCES SALE OF $8,750,000 LAND DEAL IN OCALA, FL

69 Acres of Commercial Property Sold in Ocala, Florida

69 Acres of Commercial Property Sold in Ocala, Florida

SVN | McDonald & Company

SVN | McDonald & Company, A Full-Service Commercial Real Estate Firm, Brokered 69 Acres Of Commercial Land For $8,750,000 At I-75 Exit 341 In Ocala, FL.

OCALA, FLORIDA, UNITED STATES, January 11, 2023 /EINPresswire.com/ -- SVN | McDonald & Company, a full-service commercial real estate firm, recently brokered 69 acres of commercial land for $8,750,000 at I-75 Exit 341 in Ocala, FL. The commercial property is zoned PUD and includes entitlements for 2.2 million square feet and up to 320 apartment units. Marco Polo Builders Inc. was the Seller. Ocala 484 Investment LLC, led by DHRUV Management LLC was the Buyer. There were no other brokers involved in the transaction.

The I-75/Hwy 484 corridor is undergoing explosive growth. Across the street to the north, Transwestern is nearing completion of their 943,000sf spec industrial building at Trailhead Logistics Park. Last year, the company purchased an additional 235 acres adjacent to their project from the Deltona Corporation for $13,950,000.

The I-75/ Hwy 484 interchange is undergoing significant upgrades as traffic along Hwy 484 averages around 35,000 daily trips.

“Commercial real estate in Ocala continues to be on the shopping list of national development companies focused on industrial, retail, hotel and residential development. We just presented a $50,000,000 offer to several landowners from a national developer wanting to expand into Florida and Ocala is their bullseye,” said Bartow McDonald, managing director of SVN | McDonald & Company.

###

About SVN®
The SVN® organization is a globally recognized commercial real estate entity united by a shared vision of creating value with clients, colleagues, and our communities. The SVN® brand comprises over 2,000 Advisors and staff in more than 200 offices across the globe in six countries. Our brand pillars represent the transparency, innovation, and inclusivity that enables all our Advisors to collaborate with the entire real estate industry on behalf of our clients. SVN’s unique Shared Value Network® is just one of the many ways that SVN Advisors create amazing value with our clients, colleagues, and communities. For more information, visit www.svn.com. All SVN offices are independently owned and operated

Bartow McDonald
SVN | McDonald & Company
+1 352-274-3800
bartow.mcdonald@svn.com
Visit us on social media:
Facebook
LinkedIn
YouTube

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.