Hernan Leonoff Of MG3 Group Acquires Distribution Center From Jonathan Tratt In Orlando For $57M

A distribution center located at 8201 Chancellor Drive in Orlando has been sold for $57 million. The asset spans 713,585 square feet and is situated on a 43-acre site. The price per square foot was calculated at $80.

Summary of transaction details:

• Property Type: Distribution Center
• Transaction Amount: $57,000,000
• Buyer: Hernan Leonoff - MG3 Group
• Seller: Jonathan Tratt - Tratt Properties
• Brokerage Firms: Mike Davis, Rick Colon, Rick Brugge & Dominic Montazemi - Cushman & Wakefield
• Date of Transaction: 10/31/2025
• Market: Orlando
• Acres: 43

Cushman & Wakefield represented Tratt Properties in this transaction. The deal marks an acquisition by MG3 Group as part of their strategy to expand within the logistics sector, focusing on properties leased by CVS Health.