Realty Capital Gets April-Showered With Another $2.1 Million In Office Condo Sales

ORLANDO, Fla. (April 18, 2007) -- Realty Capital, one of the fastest growing commercial real estate service providers in the market which is handling the region’s largest office and industrial condo conversion, got showered with four office condo sales so far this rain-filled month, resulting in more than $2.1 million in sales.

And the rainmakers are … Realty Capital Vice Presidents Jason Bantel and Quentin Caruso, CCIM, who facilitated theses sales:

• JC Communications purchased 1,471 square feet (Suite 110) at the Crossroads Business Center at 925 S. Semoran Blvd in Winter Park.  The condo sold for $250,070.  Bantel and Caruso represented the owner/seller – Crossroads Flexxoffice LTD. 

• All American Chiropractic & Rehabilitation purchased 2,122 square feet at the Maitland Exchange at 668-670 N. Orlando Avenue, Suite 103.  The condo sold for $500,000.  Bantel and Caruso represented the owner – RealtyFund, an affiliated real estate investment company of Realty Capital.  The outside broker was Lee Zerivitz at Bishop Realty.

Bantel and Realty Capital President Charles Frederick represented ATCO Limited Partnership VII in its sale of the 4,040 square-foot office condo at 3264 Greenwald Way in Kissimmee.  RKNA Holdings LLC purchased the building for $848,400.  The duo also represented ATCO in its sale of a 2,913-square-foot office condo at 3270 Greenwald Way.  MYKA Property II, LLC purchased the building for $568,035.

Including April’s office condo sales, Realty Capital has been responsible for a total of $5.5 million in office and industrial condo sales this year. 

About Realty Capital – Realty Capital., is one of the few and largest privately held full service commercial real estate brokerages based in Orlando, Florida and operating in the seven-county Central Florida region.  The firm consists of three divisions -- brokerage, property management and development services – and has a 40-member professional staff.  Realty Capital has national and international capabilities through its affiliation with TCN Worldwide, a global network of firms in more than 210 markets worldwide with over 1,200 brokers.                                                                  

# # #