SOLD
Turano Baking Co. & Karis Cold Acquire 114 Acres Of Land Near Osceola Parkway For $23.5M
Osceola Parkway
Land
Sold 332 days ago
Summary
Sale
FLORIDA
Land
A commercial bread company and a cold storage developer have jointly acquired 114 acres of land near the Osceola Parkway - Florida's Turnpike interchange in Kissimmee. The property, known as the Constellation Planned Development, was rezoned last year for industrial use. The sale price for the transaction was $23,500,000. Turano Baking Co. purchased 55 acres, while Karis Cold, a private investment and development company specializing in cold storage, bought 68 acres.
Summary of transation details
- Property Type: Land
- Transaction Amount: $23,500,000
- Address: Osceola Parkway
- Market: Kissimmee
- Asset Type: Land
- Acres: 114
The buyer of the property is Turano Baking Co., a commercial bread company. Karis Cold, a private investment and development company specializing in cold storage, acted as the seller. The deal was facilitated by Jared Bonshire from Cushman & Wakefield.
Players
All
2
Agents
1
Agencies
1
Details
SOLD
IMAGE: Jared Bonshire
DATE: 06/05/2023
ADDRESS: Osceola Parkway
MARKET: Kissimmee
ASSET TYPE: Land ~ ACRES: 114
BUYER: Turano Baking Co. (@TuranoBread) & Karis Cold
SELLER: Wendell “Jock” Spears
BROKER: Jared Bonshire (@Jareduofk)- Cushman & Wakefield (@CushWake)
SALE PRICE: $23,500,000
NOTE: A commercial bread company and a cold storage developer have jointly acquired 114 acres near the Osceola Parkway - Florida's Turnpike interchange, which was rezoned last year for industrial use, for a total of $23.5 million. The property, known as the Constellation Planned Development, was divided into two parcels, with Turano Baking Co. buying 55 acres and Karis Cold, a private investment and development company specializing in cold storage, purchasing 68 acres.View on map
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AddressOsceola Parkway
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