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5050 Wesley Road

Updated Jan 6, 2026

AdventHealth Acquires 546859-SF Industrial Building From EQT Real Estate For $84.25M In Apopka
SOLDIndustrial

AdventHealth Acquires 546859-SF Industrial Building From EQT Real Estate For $84.25M In Apopka

5050 Wesley Road

$84,250,000

$154/SF

Building Size

546,859 SF

Asset Type

Industrial

Closing

Jan 5, 2026

About this deal

AI

AdventHealth acquired an industrial building located at 5050 Wesley Road in Apopka, Florida for $84.25 million. The property encompasses 546,859 square feet, equating to a price of $154 per square foot. This facility, constructed in 2023, is a part of the four-building Apopka Commerce Center and features 40-foot clear heights, 150 dock doors, and 190-foot truck courts.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $84,250,000
  • Buyer: Jeff Villanueva - AdventHealth
  • Seller: Henry Steinberg - EQT Real Estate
  • Broker: Cushman & Wakefield
  • Square Footage: 546,859
  • Price Per Square Foot: $154
  • Location: Apopka, Florida

Jeff Villanueva represented AdventHealth in this transaction, while Henry Steinberg was the seller, representing EQT Real Estate. Cushman & Wakefield facilitated the brokering of the sale, which also notes that AdventHealth has operated a Consolidated Service Center in over half of the space for nearly two years.

On the Map

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$84,250,000

$154/SF

Industrial

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Players

Cushman & Wakefield
Cushman & WakefieldBrokerage

Henry Steinberg

EQT Exeter

Seller

$4.2B

vol

25 deals

Seller
Bilt advertisement

Apopka Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Deal FAQ

About $154 per square foot on a published $84.3M for 546,859 square feet (2026).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.19%

Cash-on-Cash

-0.05%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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