The deal was part of a four-commercial-property acquisition in Florida and Texas, as well as the refinance of two of its current commercial properties in Florida. The complex transaction, which totaled $220 million, closed on November 30.
Local construction company NEFCO signed a lease for 83,082 square feet of space while Evolution Electric Vehicles will occupy Building 200, plus 71,210 square feet of space in Building 100.
The facility was completed in the second quarter of 2023 and built on an existing 8.95-acre RV and boat storage facility.
The team joins CBRE from Cushman Wakefield.
Rian Smith, Kris Courier, and Josh Tarkow with CBRE Industrial & Logistics represented the owner, Leon Ocala Holdings IV, in lease negotiations.
Natalie Castillo and Austin LaPoten with CBRE Hotels represented both the seller and the buyer in the transaction.
The convenience and gas station giant signed a 20-year agreement with Orlando NRG, LLC.
Construction is underway on the first 251,511-square-foot building, the only rear-load warehouse available in the market and the first of up to four buildings planned for the logistics park. Delivery of Building I is expected by the end of 2023 and leasing is underway.
Cabot Jaffee and James Mitchell with CBRE in Orlando will lead retail leasing efforts. Spaces ranging from 3,000 square feet up to 100,000 square feet will be available for occupancy beginning in Q4 2024.
They join CBRE from Marcus & Millichap’s Net Lease group.
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