Skip to main content Skip to footer

Colliers Sells Tower 24 in SW Gainesville

Tower24Hero Image

Successful Sale of Tower 24 - A Mixed-Use Residential, Office and Retail Property in Gainesville, Florida

Gainesville, Fla. – September 19, 2022 – 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, Hess Tower 24, LLC, was represented by Colliers and the Buyer, Camelot 2000, Inc. was represented by Todd Chase, Broker with Lexis Real Estate Group. The transaction closed on September 16, 2022.

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 four separate free-standing buildings. The project was developed in 2008 as a Planned Development (PD) and sits in a convenient SW location just 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 property is currently 100% leased. 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, North Star Fitness, QC Kinetix, Moxie To Go, and Rywant, Alvarez, Jones, Russo, & Guyton, P.A.

“Dan and the entire Colliers team were a pleasure to work with throughout this transaction. They are committed to creating win-win relationships, which is a win for both us and the new owner.” – Keith Hess – Owner, Hess 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, Executive Director – Colliers 

Colliers GNV Commercial Advisory Team can be reached at 352-420-9889 and on social medial @ColliersGville.

###
For further information please contact:
Debbie Wilkinson
Phone: 352-420-9889
Email:  debbie.wilkinson@colliers.com
 

Related Experts

Dan Drotos

Senior Vice President

Gainesville

As the Senior Vice President of the Gainesville office for Colliers, Dan leads the firm's presence in Alachua County and the surrounding sub-markets by providing commercial real estate solutions for his clients. His team specializes in commercial and land transactions (sales & leasing) including office, retail, industrial, and multi-family. With well over 100 years of combined local knowledge and service, they strive to continuously raise the bar for their clientele. 

Prior to joining Colliers International, Dan served as Vice President of the Commercial and Land Division at an independent firm in Gainesville where he was a partner in The Drotos Ryals Group. His team has successfully transacted over $1 billion in local (Alachua County) commercial real estate. Dan holds both a Master of Science in Real Estate (MSRE) and Master of Building Construction (MBC) from the University of Florida along with multiple professional designations, including Certified Commercial Investment Member (CCIM) and Society of Industrial and Office Realtors (SIOR). He also also serves in several industry, civic, and non-profit organizations such as: The Urban Land Institute, Ronald McDonald House of North Central Florida, First Federal Bank of  Florida, United Way, and Leadership Gainesville.

View expert

Lauren Edwards

Senior Associate

Gainesville

Lauren, being born and raised in Gainesville, is extremely familiar with Gainesville and its surrounding areas. She graduated with an Associate Degree in Psychology from Santa Fe College. However, Lauren soon realized her true passion in real estate and has not looked back since. 

Lauren continuously demonstrates her value as a commercial real estate professional in Gainesville and brings top customer service to her clients. Aside from her in-depth knowledge of the Gainesville area and insight into the commercial real estate market, Lauren has a firm understanding of landlord and tenant requirements and has built a sound network of both landlord and tenant client relationships. These attributes help her meet the needs of her clients in a timely and efficient manner. Lauren’s attention to detail, communication skills and creative solutions have served her well to become a well-respected member of the GNV Commercial Advisory Team. She continues to gain a broad range of experience in commercial real estate, including landlord representation, tenant representation, lease negotiations, investment properties, and corporate real estate projects.

View expert

Rory Causseaux

Vice President

Gainesville

Rory graduated from the University of Florida with a degree in civil engineering and has spent the past 35 years in Gainesville as a professional consultant in the land-development industry. Shortly following his graduation, Rory founded CHW Professional Consultants. Serving the company for the last 30 years, Rory’s roles shifted from Vice to President, to CEO and later to Founder. Under Rory’s leadership, the company grew from 13 employees to 85 employees and increased its gross revenue to well over $10 million.

 As a professional engineer, Rory has worked on thousands of projects within Alachua County and the southern United States. Having worked with numerous owners and developers on single-family, multi- family, commercial, retail, industrial and institutional uses, Rory has discovered a uniqueness to each property and project after having worked in such a diverse market of land development. Rory’s engagement and leadership doesn’t stop there, he is well known in the Gainesville community for his roles in many different organizations, some of which include Rotary club of Gainesville Sunrise (President), Climb for Cancer Foundation (Board Member), Builders Association of North Central Florida (BANCF) (past Associate Vice-President), American Heart Association (2018 Heart Walk Chair) and Gainesville Chamber of Commerce (Board Member since 2013, Chair of The Board 2017, currently Immediate Past-Chair).

View expert