Denholtz Acquires Seven-Building Office Center In Winter Park
The multi-tenant complex is 98% leased to 28 tenants across multiple suites. The properties are situated on a 12.28-acre site, which features 521 surface parking spaces.
The multi-tenant complex is 98% leased to 28 tenants across multiple suites. The properties are situated on a 12.28-acre site, which features 521 surface parking spaces.
Kent Cooper, CCIM, a CFCAR past president, was awarded Deal of the Year and 17 other awards were presented.
The 94,000-square-foot asset sold for $22 million.
Constructed in 2011, 618 East South St. is downtown Orlando’s first privately developed LEED-certified building.
PPF Real Estate acquired the 10-building suburban office park for $315 million.
The transaction was arranged on the Ten-X auction platform.
The 75,000-square-foot property Includes 50,000 square feet of office space, warehouse and dock-high loading.
The sale was facilitated using the Ten-X auction platform and represented a joint-effort between Avison Young’s Orlando and South Florida offices.
The 38,537-square-foot portfolio was 88.2% leased with a weighted average lease term of over 5.5 years.
Cresa Orlando’s Sarah Castor represented Florida Cancer Specialists, and Colliers’ Matthew McKeever and Rick Solik represented the landlord in the deal.
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