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24

JLL Brokers Sale of 45-Acre Orlando Site

By Tony Seruga

Exeter Property Group purchased the land for $8.4 million, with plans to begin speculative construction of a large distribution center in Orlando’s Airport submarket.

JLL closed on an $8.4 million sale of 45.2 acres of land at the Air Commerce Business Park, a prime industrial park in the heart of southern Orlando, Fla. Exeter Property Group purchased the parcel from Brian Mulvaney, managing member at Bogey Boggy Creek 08 LLC. The new ownership seeks to supply new industrial space to meet the recent demand in Orlando’s Airport submarket.

Located at the intersection of Tradeport Drive and Taft Vineland Road, Air Commerce Business Park is within minutes of the Orlando International Airport and provides direct access to the Beachline Expressway and Florida Turnpike. The asset is also in close proximity to air and ground distribution facilities for companies such as FedEx and UPS…

JLL Brokers Sale of 45-Acre Orlando Site

Categories : Commercial Real Estate

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