June 17, 2020
Cushman & Wakefield has arranged the $26.4 million sale of Sand Lake Commerce Center, a two-building industrial facility in Orlando. Mike Davis, Rick Brugge, Rick Colon, Mark Hardee, and Zach Eicholtz of Cushman & Wakefield represented the seller, McDonald Development Company, in the transaction. The buyer was LBA Logistics.
Located at 7705-7725 Winegard Rd., the facility is seven miles west of Orlando International Airport. The property totals 230,117 square feet and includes a vacant retail outparcel on a hard corner. The facility was 20% leased at the time of sale.
“Sand Lake Commerce Center provided a rare opportunity to acquire a Class A industrial offering in Orlando,” said Davis. “This exceptionally-located property garnered robust interest from investors seeking infill last mile industrial assets.”
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