facebook

traded

+ Submit
Home

/

Deals

/

Florida

/

Industrial

/

Sale

/

2162 Ray Goodgame Pkwy in C...

Investcorp Acquires Industrial Property In Orlando For $29.75M
SOLDIndustrial

Investcorp Acquires Industrial Property In Orlando For $29.75M

2162 Ray Goodgame Pkwy in Clermont, FL 34711

$29,750,000

$173/SF

Building Size

171,765 SF

Asset Type

Industrial

Closing

Jun 7, 2023

AI

The industrial property located at 2162, 2170, and 2250 Ray Goodgame Pkwy in Orlando has been sold in a recent transaction. The property, totaling 171,765 square feet, was sold for a price of $29,750,000, resulting in a price per square foot of $173. The sale took place between the buyer, Investcorp, and the seller, High Street Logistics Properties.

Summary of transaction details

The deal was facilitated by Cody Brais, Luis Castillo, Dennis Mitchell, and Taylor Osborne from JLL. They represented the respective parties involved in the transaction, assisting in the successful completion of the deal.

Players

Luis Castillo

JLL

Broker

$2.1B

vol

55 deals

Broker
Investcorp
InvestcorpBuyer

Miami Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.53%

Cash-on-Cash

-0.15%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93