Wednesday, October 2, 2013



Lakeshore Center within Orlando Central Park, Orlando, FL

ORLANDO, FL -- CBRE, as exclusive advisor, is pleased to present an opportunity to acquire Lakeshore Center, an eight-story, ±133,075 square foot suburban office property located prominently within the South Orlando suburban submarket at Orlando Central Park—a 12 million square foot office and light industrial park in Central Florida.

Ron Rogg
Orlando Central Park features the largest concentration of office space in Orlando’s largest suburban submarket—it is a “self-contained city,” with more than 400 companies at the very epicenter of Orlando’s past, present, and future growth. That keeps it in site selection rotation for the area’s most credit-worthy tenants and investors, according to Ron Rogg.

PROPERTY HIGHLIGHTS

 Provides an Owner/User with immediate income and room for expansion—over 115,000 square feet available for immediate occupancy
 Corporate HQ location with possible building signage
 Ability to expand parking lot on the outparcel, increasing the parking ratio from 4.0 to 5.4 per 1,000 rentable square feet
Orlando Central Park
 No shell space - all floors are completely built-out
 The property is expected to transact at a basis below replacement cost (estimated to be $185.53 per square foot)
 Existing full floor tenant provides predictable cash flow through November 2017
 Only building of this size and height available for purchase in Orlando’s MSA
 Excellent alternative to a build-to-suit
 No existing debt on the property - can be fully leveraged with today’s low interest rate debt

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

Ron Rogg

No comments:

Post a Comment