Cross Ocean Partners with CP Group acquired a 722,456-square-foot, eight-building office portfolio in Central Florida for $96 million. City Office REIT was the seller. The portfolio is currently 93% leased and comprises eight office properties within the Orlando metropolitan area.

The acquired properties include:

• Central Fairwinds in Downtown Orlando, a prominent 12-story Class A tower. 
• 1101 Greenwood in Lake Mary, a five-story office building fully leased to healthcare tenants, including Health First and Abbott, totaling 155,048 square feet.
• Research Commons and Tech Point I & II in Orlando, a four-story building and two two-story buildings, respectively, located within the Research Park area and totaling 188,738 square feet.
• Ingenuity Point in Orlando, a two-story office building also in the Research Park area, totaling 125,616 square feet. 
• University Tech Center in Orlando, a two-building flex/office environment supporting simulation, research, and technology tenants, totaling 83,454 square feet. 

Robbie McEwan and Matt McCormack of JLL represented the seller in the transaction. CP Group will retain JLL to oversee leasing across these assets.