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OrbVest Adds Professional Center in Ocoee to $360M Portfolio
OrbVest has purchased the 38,537-square-foot West Orange Professional Center in Ocoee. The asset contains two medical office buildings and adds to OrbVest’s portfolio of more than $360 million worth of specialized medical real estate.
The asset has immediate access to SR 408 and the Florida Turnpike, making it easily accessible from all areas. Current tenets of the building include Quest Diagnostics, Florida Eye Clinic, Orlando Health 7 Rehab and Orlando Oral & Facial Surgery, among others.
“The purchase of West Orange Professional Center is driven by the same fundamentals that underlie all of OrbVest’s acquisitions, explains Martin Freeman, CEO. “Our properties are located in areas of large, stable populations or projected population growth, as this is a key driver of real estate values.”
In 2021, OrbVest acquired properties in Jacksonville, FL; Princeton, NJ; Fayetteville, GA; and Phoenix.
- ◦Sale/Acquisition