FOR IMMEDIATE RELEASE
SVN Florida Land Alliance managing sale of 6,281 acre mixed use development project
Property borders Interstate 95 in Edgewater, New Smyrna Beach in Volusia County, an area on the brink of explosive development
ORMOND BEACH, Fla. (July 9, 2018) – SVN Florida Land Alliance, a preeminent group of land-development specialists from SVN Florida Commercial Real Estate Advisors, is coordinating the sale of a 6,281-acre mixed-use development project with extensive Interstate 95 exposure in Edgewater and New Smyrna Beach. The property is located on the southern end of Volusia County, at the northwest quadrant of I-95 and State Road 442. The existing DRI allows for up to 8,500 residential units and more than 3 million square feet of commercial development. List price is $19.955 million.
“This presents an exceptional investment opportunity in a part of the county that is on the cusp of major development,” said Chris Butera, principal and senior advisor with SVN Alliance in Ormond Beach and a member of SVN Florida Land Alliance. “We have noticed a heightened interest from developers and investors for southern Volusia, especially with such considerable exposure along I-95. The development path to Edgewater is coming from the north and the south.’
Ashley Bloom Barrett, SVN’s National Land & Development Services Product Council Chairman, said this project epitomizes the capabilities of the SVN Florida Land Alliance.
“This project highlights the benefits of working with the Florida Land Alliance, because of the collaboration within our network as well as that of the entire brokerage community to better serve landowners and investors,” said Bloom, who leads a roster of 14 land-sale experts in the alliance. “Our specialists can handle land transactions of all sizes and scopes across the entire state of Florida.”
Click here to see more about the project.
The land service and development specialists that make up SVN Florida Land Alliance are unmatched, offering the most comprehensive local, regional and national platform of any commercial real brokerage in the state, whether a client is a seller or buyer. Alliance’s reach covers every corner of the state from the Panhandle to Keys. It has handled sales of approximately half-billion dollars and currently is listing more than 10,000 acres on its website www.svnfla.com.
SVN, a commercial real estate brokerage firm headquartered in Boston, is one of the industry’s most recognized brands based on the annual Lipsey Top Brand Survey. With more than 190 locations in 500 markets, SVN Commercial Real Estate Advisors provide sales, leasing and property management services to more than 5,550 clients worldwide. The Florida team consists of more than 100 advisors serving locations across the state. For more information on SVN Florida, visit www.svnflorida.com.
Chris Butera, principal, SVN Alliance, 386-453-4789 / [email protected]
Ashley Barrett Bloom, National Land & Development Services Product Council Chairman, SVN Florida, 941-366-1136 / [email protected]
Ron Zeigler, senior advisor, SVN Florida, 941-350-9636 / [email protected]
Ken Zeszutko, Zeszutko Corp.-PR and Digital Marketing, 321-213-1818 / [email protected]