Banner Property Group Acquires 8.9 Acres Industrial Property In Orlando For $26.1M

The industrial property located at 2292 W. Sand Lake Road in Orlando has been sold in a recent transaction. The property spans approximately 8.9 acres and is situated in the Orlando market. The sale price for this property was $26,100,000, with a price per square foot of $174. The total square footage of the property is 150,000 square feet.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $26,100,000
• Address: 2292 W. Sand Lake Road, Orlando
• Market: Orlando
• Acres: 8.9
• Square Footage: 150,000
• Price per Square Foot: $174

The buyer of the property is Banner Property Group, while the seller is Quirch Foods. The transaction was facilitated by brokers from JLL, namely Luis Castillo, Max La Cava, Cody Brais, and Taylor Osborne. They represented both the buyer and seller in the deal.

As for the financing of the transaction, Synovus Bank served as the lender. The mortgage brokerage services were provided by Melissa Rose, Michael DiCosimo, Christopher Gathman, and Nicole Barba, all from JLL.