Rivian Service Center In Orlando’s Prime Industrial Corridor Sold For $16.8M
JLL Capital Markets arranged the sale of a newly renovated 34,938-square-foot industrial facility located at 4000 Shader Rd.
JLL Capital Markets arranged the sale of a newly renovated 34,938-square-foot industrial facility located at 4000 Shader Rd.
JLL represented the seller, Galium Capital, and procured the buyer, Duvalla Investments.
“We’re seeing remarkable liquidity in the bridge lending market right now, with lenders aggressively competing to finance new-construction residential communities.”
JLL represented the borrower, Northshore Development, in facilitating the floating-rate loan through ACORE Capital LP.
Sitework on the new infill logistics warehouse development is expected to commence in the first quarter with plans to go vertical later this fall and a projected substantial completion slated for the first quarter 2026.
JLL Capital Markets facilitated the sale and financing of the property.
At CFCAR’s 25th Annual Hallmark Awards, which was held at The Monroe in Downtown Orlando’s Creative Village on Wednesday night (June 21st), award winners were honored and celebrated.
Completed in 2023, Building 100 is a state-of-the-art facility that offers 40-foot clear heights, a 60-foot speed bay, dock levelers, 450-foot building depth and a 185-190-foot truck court.
Lamar Companies in a venture with Real Capital Solutions acquired the 204,185-square-foot asset.
The JLL Capital Markets investment sales team that represented the seller was led by Managing Director Jay Ballard and Managing Director Ken DelVillar.
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