Demetree Global Purchases Office Property At 4798 New Broad Street For $11.3 Million

4798 New Broad Street, located in the Orlando market, is an office asset encompassing 44,478 square feet. The property was sold for $11,300,000, resulting in a price per square foot of $254.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $11,300,000
• Buyer: Mary Demetree and Seth Heller
• Buyer Company: Demetree Global
• Seller: Robert Owens & Palmer Vietor
• Seller Company: Owens Realty Services
• Sale Date: April 4, 2025
• Previous Acquisition Price: $8,500,000
• Previous Acquisition Date: November 2016

Mary Demetree and Seth Heller represented Demetree Global in the purchase, while Robert Owens and Palmer Vietor, representing Owens Realty Services, completed the sale of the asset.