facebook
Traded Co logo
Submit
Daily limit: 0/10

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

Property Image
SOLD
$25,200,000
Rick Colon
Ivaylo Ninov

Florida

See Similar Deals
Industrial159,788 SF
Sold 10/31/2025
the dealplayerscompscontact
Property Image
SOLD

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

100 Sunport Lane

See Similar Deals
Industrial159,788 SF
Sold 10/31/2025
Rick Colon
Ivaylo Ninov
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Industrial
Price Per Square Foot:$157
Total Square Footage:159,788 SF
Transaction Type:Sale

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.

Players

Rick Colon
Cushman & Wakefield
Rick Colon
55 deals$2.7B volume
BROKER
Ivaylo Ninov
Ivaylo Ninov
1 deal$25.2M volume
BUYER
PC
Penn Florida Companies
SELLER
Emerald Creek Capital
Emerald Creek Capital
LENDER

Details

SOLD
IMAGE: Mark A. Gensheimer, Rick Colon & Ivaylo Ninov DATE: 10/31/2025 ADDRESS: 100 Sunport Lane MARKET: Orlando ASSET TYPE: Industrial BUYER: Ivaylo Ninov - Mactaggart & Co. SELLER: Mark A. Gensheimer - Penn Florida Companies BROKER: Rick Colon (@TheRealRickColon) - Cushman & Wakefield (@CushWake) LENDER: Emerald Creek Capital (@EmeraldCreekCapital) SALE PRICE: $25,200,000 SF: 159,788 ~ PPSF: $158 NOTE: A New York private equity affiliate of Ivaylo Ninov’s Mactaggart & Co. bought a 159,788-square-foot flex warehouse at 100 Sunport Lane in Orlando for $25.2 million, marking its first Central Florida acquisition. The property, 95% leased with Penske Logistics as a major tenant, was sold by Penn-Florida Companies and financed with a $19.17 million loan from Emerald Creek Capital.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$1,344,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$89,530.28
Cash-on-Cash Return-1.27%
Monthly Debt Service$119,460.86
Annual Debt Service$1,433,530.28