ORLANDO-Geosam Veranda LLC, an affiliate of Geosam Capital Inc., has purchased parts of Veranda Park, a partially developed $1 billion worth mixed-use project in MetroWest, for a total price of $18 million. The portions acquired were 118 unsold condos in Building 4000, an 11.7-acre undeveloped land and ground-floor commercial spaces in Buildings 8000 and 7000.
Holliday Fenoglio Fowler negotiated the three separate deals on behalf of the sellers, Veranda Park Orlando LLC, Redus Florida Land LLC and Redus Florida Commercial LLC. For the full story, go to Orlando Business Journal .
GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to asset-and-logo-licensing@alm.com. For more inforrmation visit Asset & Logo Licensing.