Ultimate Realty Acquires Industrial Property In Orlando For $6.5M

The industrial property located at 851 E. Maple Street in Orlando has been sold for a price of $6,475,000. The property spans over 230,000 square feet, occupying 18.7 acres of land. The buyer, Ultimate Realty represented by Mark & Michael Sabbagh, acquired the property from the seller, Crown Holdings (NYSE: CCK). The transaction was facilitated by CBRE brokers David Murphy, Monica Wonus, and Carl Gershback.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $6,475,000
• Square Footage: 230,000
• Address: 851 E. Maple Street, Orlando
• Market: Orlando

This deal showcases the participation of Ultimate Realty, represented by Mark & Michael Sabbagh, as the buyers in the transaction. On the other hand, Crown Holdings (NYSE: CCK) acted as the seller of the industrial property. The intermediaries who facilitated the sale were CBRE brokers David Murphy, Monica Wonus, and Carl Gershback.