Jonathan Slager Of Bridge Logistics Properties Acquires 46.39 Acres From Steven Williams Of Frito-Lay For $11M

The property involved in the transaction is an industrial asset located at 998 John Young Parkway in Orlando, covering 46.39 acres. The sale price for this transaction was $11,000,000. The asset includes a 72,000 square foot warehouse as part of the three properties sold by Frito-Lay.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $11,000,000
• Address: 998 John Young Parkway
• Market: Orlando
• Seller: Steven Williams - Frito-Lay
• Buyer: Jonathan Slager - Bridge Logistics Properties (BLP)

This transaction highlights the ongoing strategy of Bridge Logistics Properties to acquire distribution centers from Frito-Lay, as they have previously made similar acquisitions in Miami and New York. Following the sale, Frito-Lay will continue to operate as a tenant at the property.