Industrial Facility Near Orlando Fetches $71.5 Million
The seller, BlueScope Properties Group, delivered the asset in July on a build-to-suit basis for an undisclosed beverage company.
The seller, BlueScope Properties Group, delivered the asset in July on a build-to-suit basis for an undisclosed beverage company.
The deal marks the largest industrial portfolio sale in the Southeast in 2020. CLICK ON THE HEADLINE FOR MORE
He has more than 15 years of experience in asset management and commercial real estate investment in Florida and will help grow the Dallas-based company’s footprint in the region along with other Southeast markets. CLICK ON THE HEADLINE FOR MORE
Franklin Street’s new Director of Industrial Advisory & Transaction Services brings a strong background representing owners, investors and occupiers in the disposition, acquisition, development and leasing of flex and industrial assets throughout the Southeast U.S. CLICK ON THE HEADLINE FOR MORE
The Cushman & Wakefield Investment Sales team of Mike Davis, Rick Brugge, Rick Colon, Dominic Montazemi, Zachary Eicholtz and Ryan Jenkins, in conjunction with the Industrial Leasing team of David Perez and Jared Bonshire, represented the seller, a partnership between IP Capital Partners and Blue Vista Capital Management, in the transaction. CLICK ON THE HEADLINE FOR MORE
CBRE’s David Murphy, Monica Wonus and Cameron Thomas arranged the sale on behalf of the buyer and seller. Upon closing, Mr. Murphy and team were retained by Ultimate Realty to market and lease the property. CLICK ON THE HEADLINE FOR MORE
The building features 34,275 square feet of office space, 1,034 auto parking spaces and 350 trailer parking spaces. CLICK ON THE HEADLINE FOR MORE
The 319,386-square-foot park was acquired by Richland Capital Holdings. CLICK ON THE HEADLINE FOR MORE
Beyond Commercial’s Rafael Mendez represented the tenant in the multi-year lease deal. CLICK ON THE HEADLINE FOR MORE
The property sold for $28.5 million. CLICK ON THE HEADLINE FOR MORE
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