LBA Logistics Acquires Winegard Road Industrial Property In Orlando For $26.4M

The industrial property located at 7705-7725 Winegard Road in Orlando has been sold in a closed transaction. The property spans approximately 230,117 square feet and was sold for a total price of $26,400,000 at a price per square foot of $114. The buyer in this transaction is LBA Logistics, while the seller is McDonald Development Co. The deal was facilitated by the brokers Mike Davis, Rick Brugge, Rick Colon, Mark Hardee, and Zach Eichholtz from Cushman & Wakefield.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $26,400,000
• Square Footage: 230,117
• Price Per Square Foot: $114
• Location: 7705-7725 Winegard Road, Orlando

The transaction involved the collaboration of key individuals and companies. The buyer, LBA Logistics, aimed to acquire the industrial property. On the other side of the deal, McDonald Development Co acted as the seller. The brokers from Cushman & Wakefield, including Mike Davis, Rick Brugge, Rick Colon, Mark Hardee, and Zach Eichholtz, facilitated the transaction, ensuring a successful outcome for all parties involved.