COLDWELL BANKER COMMERCIAL ARRANGES SALES IN MYRTLE BEACH AND ORLANDO

MYRTLE BEACH, S.C., AND ORLANDO, FLA — Coldwell Banker Commercial (CBC) has arranged two sales, totaling $9.5 million, in Myrtle Beach and Orlando. Gary Roberts of Myrtle Beach-based Chicora Real Estate, a CBC affiliate, negotiated the $4.2 million sale of 20 acres of land, located in the Withers Preserve mixed-use development, on behalf of the seller, Myrtle Beach Property Development. AWP Apartments, the buyer, an affiliate of Trammell Crow Residential, was represented in-house. The site is approved for the development of 200 luxury apartments.
Also, Peoples First Community Bank acquired an office/retail property, located at 101 & 115 East Colonial Dr. in downtown Orlando, from GS Realty for $5.3 million. Jeff Tanner and Kim Brackett of CBC’s Maitland Fla., office were the sole brokers in the transaction.