Preferred U.S. government developer buys Bradenton business park for $11.1 million
The business park’s high-quality office space, appearance and location make it a Class A property. It attracted several competitive offers from developers of various types, including medical and retail. Morgan Johnson Commerce Park, LLC, a privately-held investment group affiliated with Stuart-based New Market Strategies, LLC, was represented by Paul Carr, Todd Tolbert and Lori Hellstrom of Colliers. The buyer was self-represented in the transaction. “Given the dynamics of the location, stabilized income stream and development upside potential, the property generated significant interest ...
Source: heraldtribune.com