Cushman & Wakefield Arranges $54.6M Sale Of Newly Delivered Logistics Center
The 280,000-square-foot facility was fully leased at the time of sale.
The 280,000-square-foot facility was fully leased at the time of sale.
The deal brings the park to 51 percent occupied.
The title is the highest for producers at the company.
Partyka represented the landlord, the Sanford Airport Authority, in the lease renewals.
Wayne Schuchts, Michael Palmer and Andrew Lehrer from SRS’ industrial team represented Harvest Valley in the sale, facilitating the relocation and expansion of their central Florida operations.
The project will directly benefit from the investment as the road will extend from the Airport through SCIP’s Phase 1 and Phase 2 sites. The road through Phase 3 will be constructed at a later date.
The 423,000 square foot warehouse will serve as a hub for the storage and movement of emergency supplies during emergency activation and response.
The Annual HALLMARK Awards event, presented by the Central Florida Real Estate Association (CFCREA) in association with the Central Florida Commercial Association of Realtors® (CFCAR). This year’s event included both unique insights into Orlando’s historic Packing District and a generous donation to 4Roots non-profit farming initiative, also located in Packing District.
Black & Decker and Jet Optoelectronics USA will join FHIA, LLC as tenants at the business center.
The JLL brokerage team of Executive Managing Director John Dunphy and Associate Olivia Brock will spearhead leasing efforts.
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