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Michael N. Weinberg Of Duvalla Investments LLC Acquires Office Buildings In Orlando For $12.1M

Property Image
SOLD
$12,100,000
Robbie McEwan
Matthew (Matt) McCormack
+ 4

Florida

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Office129,620 SF
Sold 06/27/2025
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Property Image
SOLD

Michael N. Weinberg Of Duvalla Investments LLC Acquires Office Buildings In Orlando For $12.1M

4776 New Broad Street & 4750 New Broad Street

See Similar Deals
Office129,620 SF
Sold 06/27/2025
Robbie McEwan
Matthew (Matt) McCormack
+ 4
Contact now

Summary

FLORIDA
Asset Type:Office
Price Per Square Foot:$93
Total Square Footage:129,620 SF
Transaction Type:Sale

Duvalla Investments LLC acquired two office buildings located at 4776 and 4750 New Broad Street in Orlando for a total of $12.1 million. The combined square footage of the portfolio is 64,810, resulting in a price per square foot of $187. The property is currently 97.3% leased to tenants including Rogers, Lovelock & Fritz and CenterWell, situated in the high-demand Baldwin Park submarket.

Summary of transation details:

The transaction, which occurred on June 27, 2025, reflects significant growth compared to the $6.93 million paid by Galium Capital for the properties in 2018. The deal highlights the continued interest and demand for real estate in the Orlando market, specifically within Baldwin Park.

Players

Hermen Rodriguez
23 deals$1.8B volume(305) 448-5332
BROKER

Ike Ojala
JLL
25 deals$2B volume(305) 774-6810
BROKER

Matthew (Matt) McCormack
JLL
31 deals$2.8B volume
BROKER

Robbie McEwan
JLL
16 deals$864.8M volume
BROKER

Blake Koletic
JLL
17 deals$1.5B volume
BROKER

Hunter Smith
JLL
14 deals$1.2B volume
BROKER

Jacques Bessoudo
7 deals$162.2M volume
SELLER

Details

SOLD
IMAGE: Hermen Rodriguez, Blake Koletic, Ike Ojala, Hunter Smith, Matthew McCormack, Robbie McEwan, Michael N. Weinberg & Jacques Bessoudo DATE: 06/27/2025 ADDRESS: 4776 & 4750 New Broad Street MARKET: Orlando ASSET TYPE: Office BUYER: Michael N. Weinberg - Duvalla Investments LLC SELLER: Jacques Bessoudo (@JacquesBessoudo) - Galium Capital (@GaliumCapital) BROKERS: Matthew McCormack (@InstantMack), Ike Ojala, Robbie McEwan, Hermen Rodriguez, Blake Koletic (@BlakeKoletic) & Hunter Smith - JLL (@JLL) SALE PRICE: $12,100,000 SF: 64,810 ~ PPSF: $187 NOTE: Duvalla Investments bought two office buildings at 4776 and 4750 New Broad St. in Baldwin Park for $12.1M from Galium Capital, nearly doubling the $6.93M Galium paid in 2018.The 64,810-sf portfolio is 97.3% leased to tenants like Rogers, Lovelock & Fritz and CenterWell, as Baldwin Park remains a high-demand, mixed-use submarket in Central Florida.

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Deal Type
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Operating Expenses (Annual)
Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$42,988.76
Cash-on-Cash Return-1.27%
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