CBRE Arranges $25 Million Sale Of Office/Industrial Complex In Orlando
Ronald J. Rogg, Executive Vice President with CBRE, represented the seller in the transaction.
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.
Anne Spencer and Angela Flint of Cushman & Wakefield’s Florida Healthcare Advisory Practice represented the seller, a private investor group, in the transaction.
Construction of the $500 million, 900,000-square-foot mixed-use project, to be called Westcourt, is set to break ground in late 2024.
The two industry professionals bring a combined 65 years of expertise.
The Orlando office, located at 121 S Orange Ave. will continue to serve as the primary hub for Veritas Prime’s Payroll Services Team and Contact Center, as well as future offerings.
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