Gainesville, Fla. – May 25, 2021 – The GNV Commercial Advisory Team has sold Tower 24 located at the corner of SW 24th Avenue and Tower Road in SW Gainesville. The Seller, Tower 24, LLC, was represented by Colliers and the Buyer, Hess Tower 24, LLC was represented by Charlie Sparks, Broker with Rockford Realty Group, Inc. of Lake City, Florida. The transaction closed on May 24, 2021.
Tower 24 is a mixed-use project consisting of professional office and retail on the ground level and 12 units of multi-family on the 2nd floor configured into 4 separate free-standing buildings. The project was developed in 2008 as a Planned Development (PD) and sits in a convenient SW location minutes from Haile Plantation, Butler Plaza, Celebration Pointe, Tioga Town Center, and many other points of interest. Although not part of this sale, Tower 24 also has 48 single family homes and a two-story bank outparcel.
The commercial tenant mix consists of Bill Allen Law, Insulin for Life, Mowitz Law, Pivot CPA’s, Lentz-Dodd Financial, Ideal Weight Management, Tipple’s Brews & Wine, Ideal Weight Management, Moxie To Go, and Rywant, Alvarez, Jones, Russo, & Guyton, P.A.
Colliers will remain as the exclusive commercial leasing agent at Tower 24 and is currently marketing one end-cap vacancy of 1,929 SF. Call for details!
“Over the past fifteen years my partners and I have engaged the Gainesville Colliers Brokerage team to lease and sell our commercial real estate. Most recently the Colliers team, led by Dan Drotos, CCIM, SIOR completed the sale of our Tower 24 property. Tower 24 is a mixed-use development requiring the real estate broker to hold considerable knowledge and skills in performing economic analysis, listing presentation, marketing, and contract negotiations. Dan and his team performed all tasks required in this transaction wonderfully and it is my pleasure to endorse this team for any commercial real estate services you may require.” – Bob Rowe, Partner – Tower 24, LLC
“Tower 24 is one of the premiere mixed-use communities in Alachua County and it was a pleasure to represent the Sellers in this transaction. Although there were some twists and turns along the way, the professionalism of all involved on both the Buy and Sell side really made this happen. Our Colliers team has been a part of Tower 24 from its inception and we are excited to see the legacy of this asset continue for many years to come.” – Dan Drotos, Senior Director – Colliers International
Colliers GNV Commercial Advisory Team can be reached at 352-420-9889 and on social medial @ColliersGville.
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For further information please contact:
Debbie Wilkinson
Phone: 352-420-9889
Email: [email protected]