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

Property Image
SOLD
$11,300,000

Florida

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Office44,478 SF
Sold 04/04/2025
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Property Image
SOLD

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

4798 New Broad Street

See Similar Deals
Office44,478 SF
Sold 04/04/2025
the dealplayerscompscontact
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Summary

FLORIDA
Asset Type:Office
Price Per Square Foot:$254
Total Square Footage:44,478 SF
Transaction Type:Sale

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.

Players

RO
Robert Owens
3 deals$50.9M volume
SELLER

Details

SOLD
IMAGE: Palmer Vietor & Robert Owens DATE: 04/04/2025 ADDRESS: 4798 New Broad Street MARKET: Orlando ASSET TYPE: Office BUYER: Mary Demetree and Seth Heller – Demetree Global SELLER: Robert Owens & Palmer Vietor - Owens Realty Services (@OwensRealtyServices) SALE PRICE: $11,300,000 SF: 44,478 ~ PPSF: $254 NOTE: Owens Realty Services sold Baldwin Park III for $11,300,000 on April 4th 2025. Owens Realty Services acquired the asset in November 2016 for $8,500,000.

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