Zack Markwell Of Stonemont Financial Group And Long Wharf Capital Acquires Sand Lake Commerce Center For $44.2M

The property asset involved in this transaction is an industrial site located at 7725-7705 Winegard Road in Orlando, covering 19 acres. The sale was made for a total of $44,200,000, with a total square footage of 229,989 and a price per square foot of $192.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $44,200,000
• Address: 7725-7705 Winegard Road
• Market: Orlando
• Total Square Footage: 229,989
• Price Per Square Foot: $192
• Buyer: Zack Markwell - Stonemont Financial Group; Long Wharf Capital
• Seller: LBA Realty

The transaction involved Zack Markwell representing Stonemont Financial Group and Long Wharf Capital, who acquired the fully leased Sand Lake Commerce Center. The buyers intend to develop 1.2 acres of surplus land into a 30,000-square-foot industrial facility and plan to pursue further industrial investments in the Southeast. The property houses tenants including Costco and Sunbelt Rentals.