West Palm Beach, Florida; September 15, 2015- Mangonia Properties, LLC. has purchased the property located at 1421 Oglethrope Road, West Palm Beach, FL, for $780,000,  from Fred McGilvary, Inc./ Michael Phelan, Assignee for Assignment for the Benefit of Creditors Case #2015-004902-CA. The property features +/- 2,000 square feet of two story office area and a fenced in yard.

Keith Kidwell, SIOR, CCIM, Les Byron, SIOR, CCIM, and Steve Davis, P.A. of Sperry Van Ness Commercial Realty in Fort Lauderdale, Florida and Will Reynoso, MBA, of Moecker Realty represented the Seller in the transaction.

About Sperry Van Ness:

Founded in 1987, Sperry Van Ness is one of the largest and fastest-growing commercial real estate brokerage firms in the industry, with more than 990 advisors in over 150 locations. Sperry Van Ness delivers results for clients through a proven business model that immediately markets every one of its clients’ properties to the entire brokerage community as well as its own investor data base. Based in Irvine, Calif., the firm operates internationally and provides brokerage, consultation, asset management, property management, leasing, accelerated marketing, and auction services. Sperry Van Ness represents clients in billions of dollars annually in office, multifamily, retail, industrial, self-storage, hospitality and land transactions. For more information, please visit www.svncr.com.

About Moecker Realty:

Moecker Realty, Inc., a full-service real estate and property management firm providing comprehensive coordinated real estate management and realty solutions to its umbrella firm, Michael Moecker & Associates, Inc. (MMA). Both Moecker Realty, Inc. and its sister-company Moecker Auctions, Inc. were established specifically as vehicles to affect the ultimate court-ordered liquidation and seamless sale of real estate assets. With offices throughout the State of Florida

(Orlando, Jacksonville, Tampa and Hollywood – where our home office is located), we stand poised and ready to provide the full complement of related services in a geographic market where court-ordered liquidations are common by virtue of its attractiveness for real estate investment. In order to maximize its effectiveness in the national real estate marketing arena, Moecker Realty also works in partnership with one of the nation’s largest real estate investment brokerage firms, Sperry Van Ness Commercial Realty®, providing Moecker Realty with an enormous competitive advantage in the liquidation of both residential and commercial real estate, including condo conversions, troubled developments, or vacant land. To assist MMA in carrying out its various officially court appointed services, Moecker Realty also provides a variety of Receivership related services including Property Management and Construction Management.