Hindu Group Acquires Office Property From BAPS Orlando In Altamonte Springs For $14.6M

The property involved in this transaction is an office asset located at 965 Keller Road in Altamonte Springs, FL. The buyer, Hindu Group, acquired the property from seller BAPS Orlando for a sale price of $14.6 million. The building has a total square footage of 102,000, translating to a price per square foot of $143.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $14,600,000
• Address: 965 Keller Road
• Market: Altamonte Springs, FL
• Square Footage: 102,000
• Price Per Square Foot: $143
• Buyer: Hindu Group
• Seller: BAPS Orlando

BAPS Orlando, the seller in this transaction, sold the former corporate operations center to the Hindu congregation, which plans to convert the office property into a permanent mandir and community center through an extensive adaptive-reuse project.