TMT Properties Acquires Office Building From Real Estate Value Advisors For $31.5M
SOLD
$31,500,000
Florida
See Similar DealsOffice161,000 SF
Sold 03/19/2025
SOLD
TMT Properties Acquires Office Building From Real Estate Value Advisors For $31.5M
1170 Celebration Boulevard
See Similar DealsOffice161,000 SF
Sold 03/19/2025
Summary
FLORIDA
Asset Type:Office
Price Per Square Foot:$195
Total Square Footage:161,000 SF
Transaction Type:Sale
The asset involved in the transaction is an office property located at 1170 Celebration Boulevard in the Celebration market. The property has a total square footage of 161,000 and was sold for a price of $31,500,000.00.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $31,500,000.00
- Address: 1170 Celebration Boulevard
- Market: Celebration
- Square Footage: 161,000.0
- Seller: Real Estate Value Advisors
- Buyer: TMT Properties
- Seller's Representatives: Robbie McEwan (JLL), Blake Koletic (JLL), Hunter Smith (JLL)
The transaction involved multiple representatives from JLL managing the sale for the seller, Real Estate Value Advisors. The representatives included Robbie McEwan, Blake Koletic, and Hunter Smith, ensuring a coordinated approach throughout the negotiation process.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$1,680,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$111,912.85
Cash-on-Cash Return-1.27%
Monthly Debt Service$149,326.07
Annual Debt Service$1,791,912.85
Is there something missing? Send suggestions