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.
David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector.
Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA.
David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.