IPA Arranges $43M Sale of Tupperware HQ in Kissimmee
Institutional Property Advisors has arranged the $43 million sale of the Tupperware Brands Corporate Headquarters in Kissimmee. The HQ campus is situated on 43 acres and is 100% triple-net leased to Tupperware Brands.
The eight-building, 43-acre campus is located on Orange Blossom Trail, just west of the Florida Turnpike. Downtown Kissimmee and Orlando are four and 20 miles away, respectively. Walt Disney World Resort, Universal Studios Orlando and SeaWorld Orlando are within a short drive and Orlando International Airport is 10 miles away. In 2020, Tupperware Brands executed a new 11-year lease with options enabling them to remain on the campus for up to 25 years
Doug Mandel and Barry Wolfe of Marcus & Millichap’s Fort Lauderdale office represented the seller, New York-based O’Connor Capital Partners, in the transaction. The buyer was not disclosed.
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.