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Florida & Gulf Coast  + Industrial  | 

Winter Garden Industrial Trades Hands for $22M

Winter Garden Commerce Center, a recently-completed, Class A, four-building, multi-tenant industrial park in the Orlando-area community of Winter Garden, FL, has traded hands. The 140,929-square-foot asset was divested by WGCC Properties, LLC for a record-setting price per square foot for an industrial sale in Orlando, reportedly to KKR for $21.6 million.

Situated on 9.67 acres at 661, 671, 681 and 691 Garden Commerce Parkway, the property is 15 miles west of downtown Orlando and within the NW Orange County Industrial submarket. Constructed in 2018, the 94.9%-leased asset features 20- to 24-foot clear heights, 36 dock-high doors, 36 grade-level doors, four ramps, a 140-foot shared truck court and averages a 16.1% office finish.

JLL’s Bret Felberg, Britton Burdette and Pete Pittroff handled the sale. JLL  has also been selected as the exclusive leasing partner and property manager provider. The JLL leasing and property management team will include Wilson McDowell, Matthew Sullivan and Bobby Isola.

For comments, questions or concerns, please contact Dennis Kaiser

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About Dennis Kaiser

Dennis Kaiser is Vice President of Public Relations and Communications for Connect Creative. Dennis is a communications leader with more than 40 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect Creative’s agency client services and is involved in a range of initiatives ranging from public relations and content strategy, communications and message development, copywriting, media relations, social media and content marketing services. Prior to joining Connect Media in 2015, his most recent corporate communications roles involved leading a regional public relations effort across Southern California for CBRE, playing a key marketing role on JLL’s national retail team, and directing the global public relations effort at ValleyCrest (BrightView), the nation’s largest commercial landscape services company. He has worked on marketing communications assignments for such CRE companies as Blackstone/Equity Office, Carlyle, Caruso, Disney Resorts, GE Capital, Irvine Company, Hines, Howard Hughes Corp., Jeffries, Lennar, MGM, Marcus & Millichap, Prologis, Raleigh Studios, Simon, Starwood, Trammell Crow Company, Transamerica, UBS and Wynn Resorts. Dennis has also worked on communications and launch strategies for a number of consumer electronic, media and tech brands including SlingMedia, Channel Master, Deluxe Media Entertainment, BeIn Sports, EchoStar and Sprint. Dennis’s agency background included firms such as Off Madison Ave., Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, Boy Scouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and the Thunderbirds Charities.

  • ◦Sale/Acquisition