ORLANDO, Fla. — Editor’s note: This story is available as a result of a content partnership between WFTV and the Orlando Business Journal.
A corner property in the popular Mills 50 commercial district has sold -- and the buyer’s name is becoming familiar to anyone following commercial real estate in the area surrounding downtown Orlando.
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The 6,000-square-foot building at 1121 N. Mills Ave., at the southeast corner of the thoroughfare’s intersection with Lake Highland Drive, sold March 28 for $2.3 million, or $383 per square foot.
The buyer was DRNK Investors LLC, an entity affiliated with Orlando neurosurgeon Dr. Ravi Gandhi.
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It is his third commercial real estate purchase in the immediate area surrounding downtown Orlando since February, when he headed a group that bought The Veranda at Thornton Park for $2.75 million.
In March, his group paid $7.4 million for the ground-floor retail component of Thornton Park Central.
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Click here to read the full story on the Orlando Business Journal’s website.
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