Raith Capital Partners Acquires 44-Acre Industrial Property Near Orlando Airport For $44.5M

A 44-acre property located at 10701 Central Port Drive near Orlando International Airport has been sold for $44.5 million. The property includes a 600,000-square-foot Staples distribution center, highlighting the growing demand for industrial properties in the Orlando market. Despite a slight increase in vacancy rates due to the post-pandemic situation, the sale underscores the strong interest in industrial assets in the area.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $44,500,000
• Address: 10701 Central Port Drive
• Market: Orlando

Raith Capital Partners LLC, represented by Sahil Amin, purchased the property from Angelo, Gordon & Co. LP., represented by Josh Baumgarten. This transaction demonstrates the involvement of key individuals and companies in the deal. The buyer, Raith Capital Partners LLC, and their representative, Sahil Amin, saw the potential value in the property. On the other side, the seller, Angelo, Gordon & Co. LP., and their representative, Josh Baumgarten, successfully closed the deal, showcasing their expertise in the market.