Parcel of Land Near University of West Florida Sells for $1.1 Million

Written by Posted On Thursday, 03 September 2020 06:24

Pensacola, Fla. (September 3, 2020) – Coldwell Banker Commercial represented both the buyer and the seller of a 3.34 acres parcel of land located at University Parkway and Pinebrake Lane for $1,100,000, which closed on August 25, 2020. The buyer was represented by Melissa Glyptis Simpson, and the seller was represented by Christopher Green, Jr. Both Simpson and Green, Jr. are affiliated agents with Coldwell Banker Commercial NRT.

The buyer, Spectra Student Living, a national student living investor and developer, intends to construct new apartment buildings specifically geared towards students attending nearby University of West Florida due to the ongoing demand for student housing. The 72,000 sq. ft. planned community will have 66 units made up of one, two and four-bedroom units.

For additional information, contact Melissa Glyptis Simpson at (850) 733-6532 or This email address is being protected from spambots. You need JavaScript enabled to view it., or Christopher Green, Jr. at (850) 316-7160 or This email address is being protected from spambots. You need JavaScript enabled to view it..

About Coldwell Banker Commercial NRT

Coldwell Banker Commercial NRT operates in 21 states and provides commercial real estate solutions serving the needs of owners and occupiers in the leasing, acquisition and disposition of all property types.  With a collaborative network of independently owned and operated affiliates, the Coldwell Banker Commercial organization comprises almost 200 companies and more than 3,000 professionals throughout the U.S. and internationally. For additional information, visit

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