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11842 Corporate Boulevard, ...

Arbah Capital Acquires Orlando Office Building At 11842 Corporate Boulevard For $35.1M
FINANCEDOffice

Arbah Capital Acquires Orlando Office Building At 11842 Corporate Boulevard For $35.1M

11842 Corporate Boulevard, Orlando, Florida 32817, United States

$35,100,000

$154/SF

Building Size

226,548 SF

Asset Type

Office

Closing

Oct 20, 2021

AI

Arbah Capital has acquired an office property located at 11842 Corporate Boulevard in Orlando. The property spans 226,548 square feet and was sold as part of an acquisition deal. The transaction was facilitated by brokerage firms Cushman & Wakefield and CBRE.

Summary of transaction details

The acquisition involved key individuals and companies, including Rick Colon, Jason Hochman, Mike Davis, Zach Eicholtz, Rick Brugge, and Ron Granite. They played integral roles in facilitating the transaction, representing the parties involved.

Players

Jason Hochman

Cushman & Wakefield

Broker

$1B

vol

28 deals

Broker
Newmark
NewmarkBrokerage

Orlando Office Market Snapshot

Boundary boundary · Office · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.45%

Cash-on-Cash

-0.13%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93