Gagnon Real Estate Investments closes on $9,500,000.00 Sale

By
Commercial Real Estate Agent with Director of Commercial Real Estate Gagnon Real Estate Investments LLC

GAGNON REAL ESTATE INVESTMENTS LLC CLOSES $9.5 MILLION 98,404 SF OFFICE PORTFOLIO SALE


Orlando, Florida, December 11, 2019— Gagnon Real Estate Investments announced today that it has procured a buyer for the purchase of the Orlando Executive Park Office at $9,500,000.00. The park consists of 3 office buildings totaling just under 100,000 Sf. Gagnon Real Estate Investments LLC represented the Orlando Regional Realtor Association INC. (ORRA) who was the buyer of the portfolio.

The portfolio which is on 7.2 acres has frontage on Interstate 4 and is located just north of Downtown Orlando. ORRA intends to relocate its headquarters to this location which has visibility to over 170,000 cars per day, above average parking ratios and direct access to I4 on and off ramps.

Opportunity Zone properties of this size near Downtown Orlando and directly on interstate 4 are extremely rare and offer numerous redevelopment opportunities.

CBRE represented the sellers led by agents Ron Rogg & Chip Wooten.

About Gagnon Real Estate Investments LLC. Gagnon Real Estate Investments LLC is Headquartered in downtown Orlando and represents clients Locally, Nationally & Internationally with the Purchase, Sale & Leasing of Commercial Real Estate ranging from $500,000.00 to $30,000,000.00. GREI offers a broad range of integrated services including development, project management, leasing, sales, property management, business brokerage and consulting services. Please visit our website at GagnonRealEstateInvestments.com

Posted by
Gary M Gagnon

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