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Florida & Gulf Coast  + Central Florida  + Industrial  |  November 11, 2020
David Cohen
By: David Cohen

Sanford Industrial Property Trades for $3M

Coldwell Banker Commercial has brokered the $2.8 million sale of an industrial warehouse property in Sanford, FL. The buyer was undisclosed.

Located at 501 Gordon St., the property features 27,857 square feet of space on the first floor, 4,137 square feet of office space and 1,537 square feet of mezzanine storage space on a nearly two-acre lot. The building also contains fire sprinklers, heavy three-phase electric power and 30-foot ceilings.

“The property turned over for $105 per square foot, which is a testament to Sanford’s growth and the demand for industrial space in the greater Orlando market,” said Tai Lee of Coldwell Banker Commercial NRT, who represented the undisclosed seller in the transaction.

For comments, questions or concerns, please contact David Cohen

Read More News Stories About: Coldwell Banker Commercial
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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.
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