El Car Wash Acquires 9 New Car Wash Locations In Orlando
With these acquisitions, El Car Wash now operates 65 locations with more than 300,000 active members and has over 60 additional sites in development across Florida and Michigan.
With these acquisitions, El Car Wash now operates 65 locations with more than 300,000 active members and has over 60 additional sites in development across Florida and Michigan.
Colliers’ Executive Vice President Michael Falk and Associate Corey Walewski represented ownership in the lease transactions.
The transaction marks the Orlando market’s second-largest industrial transaction since the beginning of 2024.
Colliers’ Alexie Fonseca, David Gabbai and Jeff Johnson worked with the seller to fully lease the property before listing it for sale.
The company, which currently has more than 40 centers operating across the state of Florida, plans to open 10 new locations in Central Florida.
Throughout his extensive career, he has facilitated numerous transactions with a wide range of multifamily stakeholders, including national and regional developers, institutional investors, REITs, insurance companies, high-net-worth individuals, and opportunity funds.
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.
Once completed, it is projected that Driftwood Capital will own approximately 62% of the region’s beachfront inventory and 11% of its total hotel inventory.
The transaction was brokered by JLL’s Luis Castillo, Cody Brais, and Taylor Osborne.
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