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.
The transaction, valued at $55.3 million, includes nine buildings encompassing 168,741 square feet of space.
The leases total more than 11,500 square feet.
LBA Logistics paid $120 million to New York-based Link Logistics, a subsidiary of Blackstone, for the asset.
Ronald J. Rogg, Executive Vice President with CBRE, represented the seller in the transaction.
The newly constructed build-to-suit property was built for Sanitas Medical Center, which currently occupies the property. The Tenant signed a 10-year lease with over 9 years remaining with an annual increase at the time of the sale.
The HALLMARK Awards event is scheduled for July 24th, 2024.
He joins the firm’s Orlando office as a First Vice President, specializing in Office Agency Leasing in Orlando.
Leveraging their creative strategies and collaborative approaches, the JLL recruits will enhance and broaden Stream’s innovative platform within the market.
The Buyer plans to transform the building into medical related use and integrate it as an extension of the HCA medical campus. It was previously leased to Rasmussen College.