Graham Goldsmith Of Cross Ocean Partners Acquires Office Portfolio In Orlando For $96 Million

Cross Ocean Partners and CP Group acquired an eight-building office portfolio in Orlando metro for $96 million. The office property encompasses 722,456 square feet and is currently 93% leased. The portfolio includes Class A and flex/office assets located in Downtown Orlando, Lake Mary, and the Research Park area.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $96,000,000
• Square Footage: 722,456
• Price Per Square Foot: $133
• Buyer: Graham Goldsmith - Cross Ocean Partners; CP Group
• Seller: City Office REIT
• Brokers: Robbie McEwan & Matt McCormack - JLL

JLL’s Robbie McEwan and Matt McCormack represented City Office REIT in this transaction. Following the acquisition, CP Group plans to retain JLL to manage leasing activities across the portfolio.