Tuesday, April 7, 2015

CBRE Arranges Sale of Prime Orlando, FL Office Property


Sand Lake Southwest, 7208 West Sand Lake Road, Orlando, FL

Ronald J. Rogg
   Orlando, FL – CBRE arranged the sale of a 42,277-square-foot Class A office property located at 7208 W. Sand Lake Road, Orlando, FL.  Cardinal Point Management, LLC acquired the three-story Sand Lake Southwest building from an affiliate of Highwoods Properties, for an undisclosed amount.

“The property is strategically located in a highly visible location on Sand Lake Road along Orlando’s tourist corridor,” said Ronald J. Rogg, Executive Vice President of CBRE Capital Markets, Office & Industrial. 

“This transaction demonstrates the strength of the Central Florida office market and the willingness to invest in well-located properties.”

Constructed in 1986, Sand Lake Southwest recently received various capital improvements, including a newly renovated first floor lobby. The property features a 155-space parking lot that encircles the building.



Chip Wooten
Sand Lake Southwest is leased to a well-diversified mix of highly recognizable tenants, including BB&T, Booking.com, Lamar Outdoor Advertising and Fidelity National Financial. 

Located along Orlando’s ”Restaurant Row” in the affluent Dr. Phillips area, the building is just minutes from the Orange County Convention Center, Mall at Millenia, Universal Orlando Resort and the international airport.

 The property offers convenient access to I-4, the Florida Turnpike and the Beachline Expressway (SR 528).

CBRE’s Rogg and Chip Wooten exclusively represented the seller in the transaction.

For a complete copy of the company’s news release, please contact:

 Ronald J. Rogg, CCIM
Executive Vice President
+1 407 839 3194
  

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