NAI Realvest Secures Long-Term 32,000 SF Office Lease In Orlando
The lease was signed for a 15-year term.
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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.
The 103,830-square-foot-property at 4520 S Semoran Blvd is currently 99% occupied.
The sale marks one of the largest retail real estate sales in the Orlando Metropolitan Area in the last five years.
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