{"id":1004281229,"date":"2018-11-22T00:13:51","date_gmt":"2018-11-22T08:13:51","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004281229"},"modified":"2022-12-08T10:38:40","modified_gmt":"2022-12-08T18:38:40","slug":"pacer-partners-expands-orlando-office-footprint","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/pacer-partners-expands-orlando-office-footprint\/","title":{"rendered":"Pacer Partners Expands Orlando Office Footprint"},"content":{"rendered":"<p>By Timea Papp<\/p>\n<div id=\"attachment_1004281232\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/11\/700-SouthPark.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004281232\" data-attachment-id=\"1004281232\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/pacer-partners-expands-orlando-office-footprint\/700-southpark\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/11\/700-SouthPark.jpg\" data-orig-size=\"2496,1872\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;11&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;Canon EOS 5D Mark II&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1522344236&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;22&quot;,&quot;iso&quot;:&quot;100&quot;,&quot;shutter_speed&quot;:&quot;0.005&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"700 SouthPark\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;700 SouthPark&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/11\/700-SouthPark.jpg?w=1024\" class=\"wp-image-1004281232 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/11\/700-SouthPark.jpg\" alt=\"\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/11\/700-SouthPark.jpg 2496w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/11\/700-SouthPark.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/11\/700-SouthPark.jpg?resize=768,576 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/11\/700-SouthPark.jpg?resize=1024,768 1024w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/11\/700-SouthPark.jpg?resize=1536,1152 1536w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/11\/700-SouthPark.jpg?resize=2048,1536 2048w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/11\/700-SouthPark.jpg?resize=150,113 150w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/11\/700-SouthPark.jpg?resize=696,522 696w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/11\/700-SouthPark.jpg?resize=1068,801 1068w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/11\/700-SouthPark.jpg?resize=1920,1440 1920w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/11\/700-SouthPark.jpg?resize=560,420 560w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/11\/700-SouthPark.jpg?resize=80,60 80w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/11\/700-SouthPark.jpg?resize=265,198 265w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004281232\" class=\"wp-caption-text\">700 SouthPark<\/p><\/div>\n<p>AEW Capital Management has completed the sale of a Class A, 151,479-square-foot office portfolio within SouthPark Center, a 162-acre master planned business park in Orlando, Fla. Pacer Partners acquired the two-building property. A Cushman &amp; Wakefield Capital Markets team worked on behalf of the seller.<\/p>\n<p>Located at 8325 and 8301 S. Park Circle, the assets are fully leased to companies including Catamaran, Banco de Brasil and Walgreen\u2019s. Among the newest buildings within SouthPark Center, the properties known as 700 and 800 SouthPark Center were constructed in 2007 and 2008.<\/p>\n<h2>Suburban appeal<\/h2>\n<p>Cushman &amp; Wakefield Executive Directors Michael Lerner and Rick Brugge, along with Vice Chairman Mike Davis, facilitated the transaction. According to Yardi Matrix, the buildings previously changed hands in August 2014, when AEW purchased a 1.6 million-square-foot portfolio from Florida East Coast Industries. This September, the same Cushman &amp; Wakefield team facilitated the sale of a <a href=\"https:\/\/www.commercialsearch.com\/news\/orlando-office-portfolio-commands-92m\/\">three-building office portfolio in Orlando<\/a>.<\/p>\n<div id=\"attachment_1004281235\" style=\"width: 310px\" class=\"wp-caption alignleft\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/11\/800-SouthPark.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004281235\" data-attachment-id=\"1004281235\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/pacer-partners-expands-orlando-office-footprint\/800-southpark\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/11\/800-SouthPark.jpg\" data-orig-size=\"1248,936\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;11&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;Canon EOS 5D Mark II&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1522343841&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;35&quot;,&quot;iso&quot;:&quot;100&quot;,&quot;shutter_speed&quot;:&quot;0.005&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"800 SouthPark\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;800 SouthPark&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/11\/800-SouthPark.jpg?w=1024\" class=\"wp-image-1004281235 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/11\/800-SouthPark.jpg\" alt=\"\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/11\/800-SouthPark.jpg 1248w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/11\/800-SouthPark.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/11\/800-SouthPark.jpg?resize=768,576 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/11\/800-SouthPark.jpg?resize=1024,768 1024w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004281235\" class=\"wp-caption-text\">800 SouthPark<\/p><\/div>\n<p><em>&#8220;SouthPark Center is one of Orlando&#8217;s premier suburban office parks. The high parking ratio at the 700 and 800 buildings is extremely rare and provides a competitive leasing advantage particularly for larger call center operations,&#8221;<\/em> Lerner said in prepared remarks.<\/p>\n<p>SouthPark Center features more than 1.5 million square feet of office space with amenities including outdoor eating areas, on-site deli, dry cleaner, mobile detailing, walking trail and dedicated Lynx bus stops. The office park is near the intersection of John Young Parkway and Sand Lake Road, in the proximity of Orlando International Airport. The location provides access to the Florida Turnpike, Beachline Expressway, Interstate 4 and the Orange County Convention Center.<\/p>\n<p><em>Images courtesy of Cushman &amp; Wakefield<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The company acquired two fully leased buildings, known as 700 and 800 SouthPark Center. Cushman &amp; Wakefield facilitated the transaction on behalf of the seller.<\/p>\n","protected":false},"author":240,"featured_media":1004281232,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21742,21747,1493],"tags":[33758,32799,34021,36244,36245],"class_list":["post-1004281229","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-latest","category-office","category-orlando","tag-aew-capital-management","tag-cushman-wakefield","tag-michael-lerner","tag-mike-davis","tag-rick-brugge"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Pacer Partners Expands Orlando Office Footprint - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/pacer-partners-expands-orlando-office-footprint\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pacer Partners Expands Orlando Office Footprint\" \/>\n<meta property=\"og:description\" content=\"The company acquired two fully leased buildings, known as 700 and 800 SouthPark Center. 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