Worldwide Company Park got here on-line earlier this 12 months.
Whitley Capital has bought Worldwide Company Park, a 262,200-square-foot two-building asset in Orlando, Fla., for $30.1 million. JLL Capital Markets labored on behalf of the vendor. Oaktree Capital Administration is the brand new proprietor.
Worldwide Company Park is positioned at 8695 Transport Drive and consists of two Class A industrial buildings. The property consists of a 143,000-square-foot, rear-load constructing, which is totally leased and gives 35 dock doorways and 184 parking spots, in addition to a 119,200-square-foot, front-load constructing with 22 dock doorways and 140 parking spots. Each buildings characteristic 32-foot clear heights and share a truck court docket and parking.
Not too long ago accomplished in 2022, Worldwide Company Park is located on a 16.5-acre lot, throughout Beachline Expressway, offering entry to Interstates 4 and 95. The property can be near Florida’s Turnpike, Orlando Beltway and State Route 417, which place it inside a 90-minute drive of 23 p.c of the state’s 21.6 million residents. The 2-building asset can be located inside 12.3 miles from Orlando Worldwide Airport, 21.2 miles from downtown Orlando, 21.6 miles from SeaWorld Orlando and Orange County Conference Middle, and inside 26 miles of Common Studios Florida.
JLL Capital Markets’ workforce engaged on behalf of the vendor was led by Managing Administrators Luis Castillo and Joe Hills, Senior Managing Director Britton Burdette, Government Vice President Josh Lipoff and Director Cody Brais.
Earlier this 12 months, one other industrial constructing portfolio modified arms. Sealy & Co. bought two Class A logistics amenities, representing 841,849 sq. ft.