Advantis' Bradford-McFadden Duo Clicks on Three Deals

ORLANDO-It isn’t often that industrial brokers get to close three deals in a single week but that’s what Advantis Real Estate Services Co. senior directors Bo Bradford and Tom McFadden accomplished last week.

The Bradford-McFadden branded partnership completed transactions totaling 110,763 sf valued at $4.2 million. Their biggest deal involved the $2.8 million sale of a 65,000-sf, 100%-leased warehouse at 8235 North Orange Blossom Trail to St. Augustine, FL-based Investment Property Exchange Services. Bradford-McFadden negotiated for the seller, Winn Development Inc. of Orlando. Steve Simmons of Simmons Investment Services represented the buyer. The sale of the 14-year-old property was part of a 1031-tax deferred exchange.

In a second transaction, the Advantis team represented the seller, Carolstan Properties Ltd. LLLP of Belleville, IL, in the $800,000 sale of a 15,030-sf, 100%-leased distribution building at 2500 Kunze Ave. in Orlando to Quinco Electrical Inc., a major electrical contractor here with $20 million in 2002 revenue. The building was construction in 1947 and renovated in 1998.