Central Florida Industrial Asset Fetches $125 Million
The transaction marks the Orlando market’s second-largest industrial transaction since the beginning of 2024.
The transaction marks the Orlando market’s second-largest industrial transaction since the beginning of 2024.
Mike Davis, Rick Colon, Rick Brugge and Dominic Montazemi of C&W represented the seller in the sale transaction in collaboration with the Space Coast-based leasing team of Mike Moss and Michael Moss II at Lightle Beckner Robison, Inc., who has been retained by new ownership to continue leasing the property.
In addition to this industrial park, Tavistock is moving forward with permitting for an even larger project across from Lake Nona West and south of Medical City.
The transaction was brokered by JLL’s Luis Castillo, Cody Brais, and Taylor Osborne.
Dalfen plans to significantly expand its presence in the Florida market over the next 12 months.
In honor of the New Year, here are the most popular news headlines of 2024 on CRE-sources.
Delivery of the 148,605-square-foot project at 2399 NW 35th St., for Antebellum Manufacturing, LLC, is expected to be completed early next year.
The three-building light industrial commerce park totals 148,882 square feet.
Rick Colon, Rick Brugge, and Mike Davis of Cushman & Wakefield represented the seller in the transaction.
The 280,000-square-foot facility was fully leased at the time of sale.
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