 |
| 1925 Prospect Avenue office building, Orlando, FL |
ORLANDO, FL – JLL announced it has closed the $5.9 million sale
of 1925 Prospect Ave., a 20,604-square-foot Class A office building
occupied by Cuhaci
& Peterson Architects and Engineers
in Orlando, Florida.
JLL represented the seller, CDLP Properties LLC, a
single-purpose entity comprising the former owners of the architecture and
engineering firm that occupied the office building.
The
building was sold to the entity Baldwin Oak, LLC. The selling of the property
was the first step in the process of Cuhaci & Peterson Architects and
Engineers consolidating its offices in Central Florida.
 |
| Darryl Hoffman |
One of the only 100% fee simple parcels in Baldwin Park, the
two-floor office building with dedicated parking is in the heart of this highly
sought-after, planned community in Orlando that features a true live-work-play
environment.
The
Baldwin Park neighborhood and its commercial offices continue to have a strong
appeal to local and regional companies seeking to grow their footprint in
Central Florida.
JLL’s Executive Vice
President Darryl Hoffman led the transaction on behalf of the seller.
“While COVID-19 has undoubtedly affected Orlando’s office
space market and the commercial real estate market abroad, this transaction is
a prime example of local businesses persevering through adversity,” Hoffman
said.
“Not only does it show that demand for
commercial office remains, it also demonstrates that local businesses can and
will lead our region to a post-COVID-19 economy.”
CONTACTS:
Kimberly
Steele, JLL Senior Associate, Public Relations
Phone: +1 713 852 3420
Email: Kimberly.Steele@am.jll.com
Yudi Fernández, Schwartz Media
Strategies
Phone: +1 305 725 8262
Michael Hicks, Schwartz Media Strategies
Phone: +1 786 261 1448
No comments:
Post a Comment