Date of Acquisition
February 2020

Scope of Transaction
$30.5 million

Size of Property
174,408 SQF

Funding
62%

Equity
$11.8 million
MAITLAND LAKES
Maitland, FL

This Class A office building, located in Maitland, FL, was purchased with a 91% occupancy rate.

The property is located in Orlando, a city in which there has been significant job growth. In fact, Orlando's job growth has averaged twice that of U.S. job growth.

The tenant mix is diversified and stable. Current tenants include companies in the Healthcare, Finance and other industries.

 

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Transaction Details

02/2020
Acquisition

$30.5M
Scope

174,408
SQF

62%
Funding

$11.8M
Equity