BKM Capital Partners And Kayne Anderson Real Estate Acquire Industrial Portfolio In Orlando For $100M
Florida
See Similar DealsBKM Capital Partners And Kayne Anderson Real Estate Acquire Industrial Portfolio In Orlando For $100M
4288 L.B. Mcleod Road
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A 25-acre light industrial portfolio located at 4215-4225 Southwest 34th Street, 4187-4213 34th Street, 4210, 4240-4288 LB McLeod Road, 4101-4111 34th Street, 3827-3843 St. Valentine Way, 4388-4428, 4492-4498 SW 36th Street, and 4601 Southwest 34th Street in Orlando was sold for $100,000,000. The property encompasses a total of 489,891 square feet, translating to a price per square foot of $204.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $100,000,000
- Square Footage: 489,891
- Address: 4215-4225 Southwest 34th Street, 4187-4213 34th Street, 4210, 4240-4288 LB McLeod Road, 4101-4111 34th Street, 3827-3843 St. Valentine Way, 4388-4428, 4492-4498 SW 36th Street & 4601 Southwest 34th Street
- Market: Orlando
- Seller: Luke Petherbridge - Link Logistics
- Seller's Representative: Mike Davis & Rick Colon - Cushman & Wakefield
- Buyer: Albert Rabil - Kayne Anderson Real Estate; Brian Malliet - BKM Capital Partners
- Buyer's Representative: Brett Turner - BKM Capital Partners
- Acquisition Plans: Rebranding as The Gridline Orlando with an investment of $7.4 million for upgrades and unit reconfigurations
The transaction involved major stakeholders in the real estate sector, with Luke Petherbridge representing Link Logistics as the seller. Mike Davis and Rick Colon from Cushman & Wakefield acted as the seller's representatives. Albert Rabil from Kayne Anderson Real Estate and Brian Malliet from BKM Capital Partners were the buyers, with Brett Turner representing the buyers from BKM Capital Partners, highlighting a collaborative effort in this significant industrial deal.
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