Rivian Service Center In Orlando’s Prime Industrial Corridor Sold For $16.8M
JLL Capital Markets arranged the sale of a newly renovated 34,938-square-foot industrial facility located at 4000 Shader Rd.
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JLL Capital Markets arranged the sale of a newly renovated 34,938-square-foot industrial facility located at 4000 Shader Rd.
The company is moving operations from South Florida to Central Florida, drawn by cost advantages and access to Florida’s key logistics corridors.
The lease was signed for a 15-year term.
CBRE’s Tyler Kuhlman and Luke Hansen represented the seller in the transaction.
Zenith was represented by Ryan Griffith and CJ Griffith of Lee & Associates.
The tenant will take over the former Big Lots space with a 42,000-square-foot venue set to debut in spring 2026.
The buyer plans to develop Orlando Infill Logistics Center on the 168.3-acre property, located on Wetherbee Road near Orlando International Airport.
The transaction was brokered by Felipe Escobar of APEX Capital Realty, who represented TerraMap Properties throughout the process.
The deal was led by Robby Barrows, Senior Vice President of Commercial Banking, in collaboration with David Druey, Florida Regional President at Centennial Bank.
Knightvest plans to renovate the majority of the 332 units and make substantial upgrades to the community’s amenities and common spaces.
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