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
- Property Type: Office
- Transaction Amount: $35,100,000
- Date: 10/20/2021
- Market: Orlando
- Landlord: Arbah Capital
- Brokers: Jason Hochman & Ron Granite - Cushman & Wakefield
- Sale Brokers: Mike Davis, Rick Brugge, Rick Colon & Zach Eicholtz - Cushman & Wakefield; CBRE
- Loan Type: Acquisition
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
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