Michael Sabbagh & Mark Sabbagh Of Ultimate Realty Lease 56,000 SF Warehouse To Memoir Agency

The asset involved in this transaction is a warehouse located at 1216 West Amelia Street in the Orlando market. The total square footage of the property is 56,000, with an asking rent of $14 per square foot. This property operates under a NNN lease type.

Summary of transaction details:

• Property Type: Warehouse
• Transaction Amount: $14/ft
• Lease Type: NNN Lease
• Square Footage: 56,000
• Address: 1216 West Amelia Street
• Market: Orlando
• Landlord: Michael Sabbagh & Mark Sabbagh - Ultimate Realty
• Tenant: Memoir Agency
• Brokers: Monica Wonus - CBRE; Ryan Griffith - Lee & Associates

The transaction involves key individuals including Monica Wonus representing CBRE and Ryan Griffith from Lee & Associates, both instrumental in facilitating the lease agreement between the landlord and tenant. The landlords, Michael Sabbagh and Mark Sabbagh, are associated with Ultimate Realty, overseeing the property leased to Memoir Agency.