Longpoint Acquires Industrial Property On Satellite Boulevard In Orlando For $4.9M

The industrial property located at 10779 Satellite Boulevard in Orlando was sold in a transaction involving Longpoint as the buyer and Larry Chen as the seller. The deal was facilitated by brokers Nick Hanson & Nick Ledvora from LH Capital Partners. The sale price for the property was $4,900,000, with a total square footage of 37,070 and a price per square foot of $132.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $4,900,000
• Address: 10779 Satellite Boulevard
• Market: Orlando
• Buyer: Longpoint
• Seller: Larry Chen
• Brokers: Nick Hanson & Nick Ledvora - LH Capital Partners
• Square Footage: 37,070
• Price Per Square Foot: $132

Nick Hanson and Nick Ledvora from LH Capital Partners played crucial roles as the brokers representing the respective parties in the transaction, ensuring a successful sale of the industrial property in Orlando.