Sales were hot in ’05 despite cooling real estate markets

By Jack Snyder
Orlando Sentinel Staff Writer
Real Estate

The Pocklington, Pocklington and Forster Retail Investment Group of Advantis Real Estate Services Co. recently topped $100 million sales mark. The Orlando-based group represents sellers in retail transactions throughout the Southeast, but focuses mainly on Central and North Florida.

The average deal was a 30,200-square foot retail center that sold for $3.3 million and %108 a square foot, said Jeffrey Pocklington, one of the partners.

Even though commercial and residential markets began cooling last year, many operations posted terrific numbers.

Realty Capital of Orlando posted $109 million in deals last year, up from $80.5 million in 2004. Sales, leasing and management activity all soared in double digits.

Signature GMAC Real Estate posted $400 million in sales last year and a record 12.5 million in gross commission income, according to manager Lisa Gould.