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Florida & Gulf Coast  + Industrial  |  June 17, 2020
David Cohen
By: David Cohen

CushWake Brokers $26M Sale of Industrial Facility in Orlando

Cushman & Wakefield has arranged the $26.4 million sale of Sand Lake Commerce Center, a two-building industrial facility in Orlando. Mike Davis, Rick Brugge, Rick Colon, Mark Hardee, and Zach Eicholtz of Cushman & Wakefield represented the seller, McDonald Development Company, in the transaction. The buyer was LBA Logistics.

Located at 7705-7725 Winegard Rd., the facility is seven miles west of Orlando International Airport. The property totals 230,117 square feet and includes a vacant retail outparcel on a hard corner. The facility was 20% leased at the time of sale.

“Sand Lake Commerce Center provided a rare opportunity to acquire a Class A industrial offering in Orlando,” said Davis. “This exceptionally-located property garnered robust interest from investors seeking infill last mile industrial assets.”

For comments, questions or concerns, please contact David Cohen

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About David Cohen

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.
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