Ultimate Realty Acquires Industrial Property In Orlando For $7.6M

An industrial property located at 1216 W. Amelia St. & 514 Hames St. in Orlando, FL has been sold for $7,600,000. The property spans across 57,000 square feet, resulting in a price per square foot of $133. The transaction took place on July 28, 2022.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $7,600,000
• Address: 1216 W. Amelia St. & 514 Hames St., Orlando, FL
• Market: Orlando, FL
• Buyer: Ultimate Realty - Mark Sabbagh & Michael Sabbagh
• Seller: Cosmetic Promotions
• Brokers: David Murphy & Monica Wonus - CBRE
• Square Footage: 57,000
• Price Per Square Foot: $133

The buyer, Ultimate Realty represented by Mark Sabbagh and Michael Sabbagh, acquired the property from Cosmetic Promotions. The deal was facilitated by brokers David Murphy and Monica Wonus from CBRE.