Nancy Mazzei Acquires Car Service Dealership From O'Connor Capital Partners For $49.47M

The property asset involved in the transaction is a car service and delivery dealership located at 2935 North Orange Blossom Trail and 2501 North Main Street within the Kissimmee and Gainesville markets. The sale price of the property was $49,470,000, and it encompasses a total of 107,850 square feet, resulting in a price per square foot of $459.

Summary of transaction details:

• Property Type: Car Service & Delivery (Dealership)
• Transaction Amount: $49,470,000
• Address: 2935 North Orange Blossom Trail & 2501 North Main Street
• Market: Kissimmee & Gainesville
• RSF: 107,850
• PPRSF: $459
• Buyer: Nancy Mazzei
• Seller: O'Connor Capital Partners
• Brokers: Alex Geanakos, Michael Mazzara, Ethan Stanton & Brendan Maddigan - JLL

JLL arranged a 1031 exchange for a NYC family through their national net-lease practice. The broker team involved in the deal included Alex Geanakos, Michael Mazzara, Ethan Stanton, and Brendan Maddigan.