JLL Brokers Sale Of Large Industrial Facility In Orlando
JLL closed on the $8.85 million sale of 2100 Directors Row, a 213,290-square-foot warehouse distribution building located within Orlando Central Park (OCP), one of Florida’s largest industrial parks with approximately 12.5 million square feet of product. The facility is located minutes from the Florida Turnpike and the 528 Beachline Expressway. JLL Executive Vice President Joe Hills and Vice President Josh Lipoff represented the buyer, Exeter Property Group, an international real estate investment management company based in Philadelphia that focuses on industrial properties across North American and Europe. The seller is New Canaan, Connecticut-based Cambridge Hanover, a privately held industrial real estate investment firm.
“2100 Directors Row sits in the heart of one of the most active industrial markets in the country and is an ideal launching point for Florida distribution operations as the property offers easy access to major state-wide roadways such as Interstate-4 and the Florida Turnpike,” said JLL’s Josh Lipoff. “This high-quality multi-functional warehouse facility is well positioned to continue benefiting from Central Florida’s thriving industrial sector and is a strong asset for Exeter’s growing Florida portfolio.”
“2100 Directors Row sits on 8.5 acres and could be considered the Swiss army knife of Orlando Central Park” said JLL’s Joe Hills. “The building offers all of the features that industrial users require to succeed in today’s market. High Ceilings, heavy power, A/C warehouse, rail accessibility, backup generator, new roofing and large parking areas for both employees and trailers are all located within a secured fenced lot.”
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