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Colliers Arranges $19M Sale of Orlando Industrial Park
Colliers has arranged the $19 million sale of the Park Center industrial complex, a 200,400-square-foot industrial park in Orlando.
Located in the Northwest Orange submarket, the park consists of eight parcels totaling nearly 17 acres. The property also includes six, single-story small bay warehouse buildings and one dock-high warehouse building. At the time of sale, the park was fully leased to 44 tenants. The addresses included in the transaction are 3401 Lake Breeze Court; 3400 and 3443 Parkway Center Court; and 4420, 4500, 4700 and 4501 Parkway Commerce Blvd.
Joe Rossi and Nick Hanson of Colliers brokered the transaction. The seller was Park Center Properties, a private investor group. Deerfield Beach-based real estate investment and property services firm The Geneva Group acquired the property.
- ◦Sale/Acquisition