CBRE Arranges the Sale and Financing of an Office Property in Orlando, FL

3500 and 3626 Quadrangle Boulevard, Quadrangle Corporate Park, East Orlando, FL

Ron Rogg

ORLANDO, FL -- CBRE arranged the sale and financing of two fully-leased, single-story office buildings totaling 82,175 square feet in the East Orlando office submarket.

ORC Quadrangle, LLC acquired the property, located at 3500 and 3626 Quadrangle Boulevard, from Atlanta-based Wells Real Estate Fund X III, L.P., for an undisclosed amount. CBRE represented the seller.

The property is part of Quadrangle Corporate Park, a 157-acre master planned business park, built adjacent to two of Orlando’s economic powerhouses: The University of Central Florida and Central Florida Research Park.

CBRE’s Ronald J. Rogg and Chip Wooten exclusively represented the seller in the transaction. The sale marks the 16th office building that Rogg has sold in the University/Research Park submarket.

Financing was arranged by Glenn Housman, Senior Vice President, of CBRE’s Debt and Structured Finance group.

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

Ronald J. Rogg, CCIM

Executive Vice President

+1 407 839 3194

ron.rogg@cbre.com