TAMPA, FL – Cushman & Wakefield negotiated the sale of two Class “A” Industrial buildings totaling 255,499 sf in Orlando, Florida for $17.2 million.
This is Central Florida’s first Industrial Investment Sale of 2009.
CrownPointe Five and Six (top right photo), two state-of-the-art warehouse/distribution buildings, located in Orlando, Florida’s premier CrownPointe Commerce Park were 71 percent occupied at the time of the sale.
Executive Director of C&W Florida’s Capital Markets Group, Mike Davis, (middle left photo) was quoted as saying, “Despite current weakness in the Capital Markets; investment demand continues for well located,
quality assets.”
Davis and Associate Director Rick Brugge, (bottom right photo) CCIM (Capital Markets); Industrial Property Specialist Lee Morris and Associate Jared Bonshire of C&W negotiated the sale on behalf of the seller, McDonald Development Group. The buyer was IDI.
Contact: Debbie P’Simer, 813-204-5333, debbie.p’simer@cushwake.com
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