Ivaylo Ninov Of Mactaggart & Co. Acquires Industrial Asset In Orlando For $25.2M

A 159,788-square-foot flex warehouse located at 100 Sunport Lane in Orlando was sold for $25.2 million. The property is 95% leased with Penske Logistics as a significant tenant, contributing to its market value in the Orlando industrial sector. The sale was financed with a loan from Emerald Creek Capital.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $25,200,000
• Square Footage: 159,788
• Address: 100 Sunport Lane
• Market: Orlando
• Buyer: Ivaylo Ninov - Mactaggart & Co.
• Seller: Mark A. Gensheimer - Penn Florida Companies
• Broker: Rick Colon - Cushman & Wakefield
• Lender: Emerald Creek Capital

The acquisition marks the first investment in Central Florida for Ivaylo Ninov’s Mactaggart & Co., indicating the firm's expansion strategy. The deal was facilitated by broker Rick Colon from Cushman & Wakefield, contributing expertise in the industrial real estate market.