McCraney Property Company Acquires 40-Acres In Orlando In Off-Market Purchase, To Build Half-Million SF Spec Industrial Park
The proposed site plan is under review with the City of Ocoee, as well as a zoning change request.
The proposed site plan is under review with the City of Ocoee, as well as a zoning change request.
The company is expected to bring dozens of jobs to Central Florida.
Skye Cook, Brad Torell, Jared Bonshire, David Perez, Taylor Zambito, Rick Colon, Mike Davis and Rick Brugge of Cushman & Wakefield represented GES in the transaction.
All community spaces in the historic two story building, will be restricted to 50% capacity in order to encourage social distancing. Face masks will be recommended and anyone entering the building is asked to follow CDC guidelines.
Todd Davis, Robert Kellogg and Colin Morrison of Cushman & Wakefield will lease the buildings on behalf of the landlord, Grover Corlew.
The Class A, 192-unit property spans four floors over 188,316 square feet and was purchased by Nuveen Real Estate.
Rand says he is excited to help CFCAR grow and is impressed with the power brokers joining him on the 2021 board of directors.
Construction is expected to take 11 months to complete, with rental applications starting in June 2021.
C&W’s Mike Donaldson and Nick Meoli represented the seller, Lohman Apartments.
Newmark’s Senior Managing Director, Ryan Moody represented the seller in the disposition. TerraCap was represented by Matt Williams and Kyle Schlitt of Newmark’s Debt & Structured Finance group in arranging financing for the acquisition.
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