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Florida & Gulf Coast  + Central Florida  + Office  | 
SouthPark Center in Orlando, FL

CushWake Arranges $315M Orlando Office Sale for AEW Capital

Cushman & Wakefield has completed the sale and financing of SouthPark Center, a 10-building suburban office park totaling approximately 1.25 million square feet in Orlando for $315 million. PPF Real Estate, part of PPF Group, acquired the property.

Cushman & Wakefield’s Mike Davis, Rick Colon, Rick Brugge and Dominic Montazemi, with support from Zach Eicholtz, Brooke Tulley, and Ryan Jenkins represented the seller, AEW Capital Management, in the transaction. Brian Linnihan, Jason Hochman, Mike Ryan and Ron Granite of Cushman & Wakefield arranged $233 million of acquisition financing on the transaction.

“PPF Group is an opportunistic family office investor,” said Aaron Smith, managing director for PPF Real Estate U.S. “Thus, the proposition of acquiring large portfolios with strong cash flows, accompanied with development upside, is compelling to us as an investor and remains a strategic priority.”

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PPF Real Estate’s Smith

About Lisa McDuffie

Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group. When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as he makes the transition from an utterly failed racehorse to a lovely show hunter.

  • ◦Sale/Acquisition