Zenith IOS Acquires Industrial Site in Orlando

Zenith Industrial Outdoor Storage, a leading vertically integrated IOS platform, announced the acquisition of a three-acre industrial site located at 1150 Jetport Drive in Orlando.

The property is improved by a 22,000-square-foot warehouse with 12 drive-in doors, which Zenith concurrently leased at closing to a fleet services company.

The Orlando area has remained a target market for Zenith, and this latest acquisition marks the company’s continued geographic expansion in Florida and the overall Southeast. Located in the region’s SE Orange County submarket, the property is surrounded by numerous IOS and industrial users due to its proximity to critical highway infrastructure and the Orlando International Airport.

“This transaction aligns with our strategy of investing in well-located, high-quality IOS properties in high growth markets. By tapping into our national database of diverse users, we were able to quickly identify a tenant in need of this highly functional asset,” said Vinh Thai, Senior Vice President of Investments at Zenith, “We’re pleased to add this property and tenant to our portfolio and remain bullish on the future of the Southeast industrial market.”

Zenith was represented by Ryan Griffith and CJ Griffith of Lee & Associates.

 

 

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