Greg Zeifman Of Z Asset Management Acquires Northpark Commerce Center In Orlando For $15.2M

The transaction involved the sale of a light industrial park located at 6325, 6333 & 6363-6377 North Orange Blossom Trail in Orlando. The asset encompasses a total of 148,882 square feet and was sold for $15,200,000, resulting in a price per square foot of $102. The property was 90% leased to various tenants at the time of sale.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $15,200,000
• Address: 6325, 6333 & 6363-6377 North Orange Blossom Trail
• Market: Orlando
• Square Footage: 148,882
• Price Per Square Foot: $102
• Buyer: Greg Zeifman - Z Asset Management Corporation
• Seller: HH NorthPark Commerce LLC
• Brokers: Dominic Montazemi, Mike Davis, Rick Brugge & Rick Colon - Cushman & Wakefield

Cushman & Wakefield facilitated the transaction, representing the seller, HH NorthPark Commerce LLC, in the sale of the Northpark Commerce Center. The property generated strong market interest due to its advantageous location and flexible suite options, highlighting the effectiveness of the brokerage team's efforts in marketing and negotiating the deal.