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Regions Bank Branch Sells for $3.2M

Private Investor Acquires 3,500-SF Net Leased Retail Bldg
March 13, 2013
A private investor has acquired the retail bank branch at 2200 Aloma Ave. in Winter Park, FL from Gramercy Capital Corp. for $2.3 million, or about $651 per square foot.

The 3,532-square-foot building is fully leased to Regions Bank, which has occupied the building since 2003. It was built in 1995 on one acre in Orange County.

Glen Kunofsky and John Glass of Marcus & Millichap represented the seller. The buyer was secured and represented by Peter Von Der Ahe, Scott Edelstein, Judson Kauffman and Kirk Felici, also with Marcus & Millichap.

Please see CoStar COMPS #2697182 for additional information on this transaction.

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