SOLD
Denholtz Properties & Long Wharf Capital Acquire Orlando Industrial Park For $36.5M
3600 Silver Star Road
Industrial
255,000 SF
255,000 SF
Sold 16 days ago
Summary
Sale
FLORIDA
Industrial
255,000 sqft
An industrial park located off John Young Parkway in Orlando has been sold for $36.5 million by InvestCorp. The property spans 255,000 square feet and is situated at 3600 Silver Star Road in Orlando.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $36,500,000
- Buyer: Steven Denholtz - Denholtz Properties; Solon Aposhian - Long Wharf Capital
- Seller: Mohammed Alardhi - InvestCorp
- Broker: Cody Brais - JLL
- Address: 3600 Silver Star Road
- Market: Orlando
Denholtz Properties and Long Wharf Capital joined forces to acquire the industrial park from InvestCorp. The sale was facilitated by Cody Brais from JLL's Miami office. The transaction underscores the growing appeal of Orlando's industrial market, driven by robust population growth and favorable market conditions, including strong rental growth and low vacancy rates.
Players
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2
Agents
1
Agencies
1
Details
SOLD
IMAGE: 04/30/2024
ADDRESS: 3600 Silver Star Road
MARKET: Orlando
ASSET TYPE: Industrial
BUYER: Steven Denholtz - Denholtz Properties; Solon Aposhian - Long Wharf Capital
SELLER: Mohammed Alardhi - InvestCorp
BROKER: Cody Brais - JLL
SALE PRICE: $36,500,000
SF: 255,000 ~ PPSF: $143
NOTE: An industrial park located off John Young Parkway in Orlando has been sold for $36.5 million by InvestCorp, with Denholtz Properties and Long Wharf Capital forming a partnership to acquire the property. The sale, facilitated by JLL's Miami office, highlights the attractiveness of Orlando's industrial market driven by strong population growth and favorable fundamentals including exceptional rent growth and low vacancy rates.View on map
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Address3600 Silver Star Road
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