The office building located at 851 Trafalgar Ct in Maitland, FL, 32751, known as Maitland Lakes, has been successfully sold for $28 million. The property spans 174,048 square feet and was acquired by Brightman-Gil Real Estate Investments. The asset was previously purchased by Crocker Partners in 2014 for $14.8 million. Maitland Lakes was 91 percent leased at the time of the sale, with tenants like Wiley Education Services and Sprint Nextel Corp. occupying the space. Upgrades were made to the lobby, elevators, restrooms, corridors, and café to enhance the building's appeal.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $28,000,000.00
• Market: Maitland
• Seller's Representative: Ronald (Ron) Rogg (CBRE)
• Brokers: Ronald (Ron) Rogg (CBRE)
• Buyer: Brightman-Gil Real Estate Investments
• SF: 174,048

Ron Rogg of CBRE played a pivotal role in the transaction by representing Crocker Partners, the seller, during the sale of Maitland Lakes. The property's strategic location eight miles north of downtown Orlando made it an attractive investment opportunity for Brightman-Gil Real Estate Investments. The long-term leases in place with prominent tenants added to the appeal of the asset, contributing to a successful transaction benefiting all parties involved.