Michael N. Weinberg Of Duvalla Investments LLC Acquires Office Buildings In Orlando For $12.1M
4776 New Broad Street & 4750 New Broad Street
$12,100,000
$93/SF
Building Size
129,620 SF
Asset Type
Office
Closing
Jun 27, 2025
AI
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:
- Property Type: Office
- Transaction Amount: $12,100,000
- Square Footage: 64,810
- Price Per Square Foot: $187
- Buyer: Michael N. Weinberg - Duvalla Investments LLC
- Seller: Jacques Bessoudo - Galium Capital
- Brokers: Matthew McCormack, Ike Ojala, Robbie McEwan, Hermen Rodriguez, Blake Koletic & Hunter Smith - JLL
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
Orlando Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.31%
Cash-on-Cash
-0.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93