J.R. Rothstein Brokers Industrial Asset At 2550 Connection Point In Oviedo For $10.8M

The property asset involved in this transaction is an industrial asset located at 2550 Connection Pt in Oviedo, Florida. This newly constructed, Class A property has a sale price of $10,800,000 and encompasses 22,550 square feet, which results in a price per square foot of $478.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $10,800,000
• Seller: Tom McNamara
• Broker: J.R. Rothstein - The Redstone Group
• Attorney: Alan Goldman - Alan Goldman Law

J.R. Rothstein, a real estate attorney and licensed broker, represented a New York-based family office in this transaction. He advised them on a 1031 exchange, facilitating the divestiture of legacy holdings in New York and enabling the acquisition of this off-market property in Central Florida's high-growth I-4 corridor.