Oaktree Capital Pays $30M for Orlando Industrial Asset – Industrial Property Government

Worldwide Company Park got here on-line earlier this yr.

Worldwide Company Park. Picture courtesy of JLL

Whitley Capital has offered a 262,200-square-foot two-building property in Worldwide Company Park, Orlando, Fla., for $30.1 million. JLL Capital Markets Labored on behalf of vendor. Oaktree Capital Administration New proprietor.

The Worldwide Company Park is positioned at 8695 Transport Drive and consists of two Class A industrial buildings. The property features a 143,000-square-foot, rear-load constructing that’s absolutely leased and has 35 dock doorways and 184 parking spots, in addition to a 119,200-square-foot, front-load constructing with 22 dock doorways and 140 offers. parking spots. Each buildings have an obvious peak of 32 ft and share a truck court docket and parking.

Most not too long ago accomplished in 2022, Worldwide Company Park is positioned on a 16.5-acre lot throughout the Beachline Expressway, offering entry to Interstates 4 and 95. The property is near the Florida Turnpike, the Orlando Beltway and State Route 417, inserting it inside one. A 90-minute drive from 23 p.c of the state’s 21.6 million residents. The 2-building property is positioned inside 12.3 miles from Orlando Worldwide Airport, 21.2 miles from downtown Orlando, 21.6 miles from SeaWorld Orlando and Orange County Conference Facilities, and 26 miles from Common Studios Florida.

The JLL Capital Markets group appearing on behalf of the vendor was led by Managing Administrators Luis Castillo and Joe Hills, Senior Managing Director Briton Burdett, Government Vice President Josh Lipoff and Director Cody Brice.

Earlier this yr, one other industrial constructing portfolio modified arms. Sealy & Co. bought two Class A logistics services representing 841,849 sq. ft.

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