Innovation Center at Lake Mary is a 562,758-square-foot industrial facility located at 2452 Lake Emma Road, Lake Mary, FL, positioned 18 miles north of downtown Orlando and three miles from Interstate 4. The property features 28-foot clear heights, ESFR sprinklers, 50 dock-high doors, and a 50-slip trailer parking lot. At the time of sale, the facility was 97 percent leased to tenants including A1 Assets Inc., Alliance Building Material Supply, Orlando Wedding & Party Rentals, and Dream Maker Spas.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not disclosed
• Address: 2452 Lake Emma Rd, Lake Mary, FL
• Market: Lake Mary
• Seller: IP Capital Partners
• Buyer: ATCAP Partners
• Seller's Representative: Dominic Montazemi - Cushman & Wakefield
• Broker Team: Mike Davis, Rick Brugge, Rick Colon, Dominic Montazemi, Zachary Eicholtz, Ryan Jenkins, David Perez, Jared Bonshire of Cushman & Wakefield
• Acquisition Financing Arranged by: Jason Hochman and Mike Ciadella of Cushman & Wakefield

Cushman & Wakefield represented the seller, a partnership between IP Capital Partners and Blue Vista Capital Management, in this transaction. The acquisition financing for the buyer, ATCAP Partners, was also facilitated by Cushman & Wakefield, showcasing their involvement throughout the deal.