{"id":1004483092,"date":"2020-10-07T08:30:50","date_gmt":"2020-10-07T16:30:50","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004483092"},"modified":"2025-02-26T02:26:22","modified_gmt":"2025-02-26T10:26:22","slug":"cbre-spearheads-orlando-industrial-sale","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/cbre-spearheads-orlando-industrial-sale\/","title":{"rendered":"CBRE Spearheads Orlando Industrial Sale"},"content":{"rendered":"
\"\"<\/a>

851 E. Maple St.<\/p><\/div>\n

CBRE has facilitated the $6.5 million sale of a 208,419-square-foot industrial property in Winter Garden, Fla. Executive Vice President David Murphy, First Vice President Monica Wonus and Associate Cameron Thomas assisted both parties in the all-cash transaction and the team was retained by the buyer to market and lease the property upon closing.<\/p>\n

Located on 19 acres at 851 E. Maple St., the single-story facility was built in 1954 and expanded in 1997. Ultimate Realty acquired the asset from Crown Cork & Seal, which had owned the building since 1990, according to Yardi Matrix data. The property has an 8,000-square-foot office component, three grade-level and 10 dock-high doors.<\/p>\n

The site is a short distance from State Road 429, which provides access to the Florida Turnpike. Other companies with a presence in the SR-429 industrial corridor include UPS and food importer Sysco. The facility is 15 miles west of downtown Orlando and 25 miles from Orlando International Airport.<\/p>\n

In April, Ultimate Realty announced plans to convert Westgate Shopping Center<\/a>, a 411,200-square-foot retail property in Macon, Ga., into an industrial park. The company will invest $12 million in the adaptive reuse project. Upon completion, the 395,000-square-foot development will consist of six buildings ranging from 19,000 to 106,000 square feet.<\/p>\n

If you\u2019d like to be featured in Brokers\u2019 Corner, simply fill in <\/em>our short form<\/em><\/strong><\/a> or send your deal to <\/em>deals@cpe-mhn.com<\/em><\/strong><\/a>.<\/em><\/div>\n","protected":false},"excerpt":{"rendered":"

David Murphy, Monica Wonus and Cameron Thomas assisted both parties in the all-cash, $6.5 million deal.<\/p>\n","protected":false},"author":867,"featured_media":1004365520,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21748,21783,21742,1493],"tags":[32789,38203],"class_list":["post-1004483092","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-industrial","category-investment","category-latest","category-orlando","tag-cbre","tag-david-murphy"],"acf":[],"yoast_head":"\nCBRE Spearheads Orlando Industrial Sale - 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\/cbre-spearheads-orlando-industrial-sale\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CBRE Spearheads Orlando Industrial Sale\" \/>\n<meta property=\"og:description\" content=\"David Murphy, Monica Wonus and Cameron Thomas assisted both parties in the all-cash, $6.5 million deal.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/cbre-spearheads-orlando-industrial-sale\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2020-10-07T16:30:50+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-02-26T10:26:22+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/11\/CPE-Brokers-Corner-827x400.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"827\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Pavel Cazacu\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/cbre-spearheads-orlando-industrial-sale\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/cbre-spearheads-orlando-industrial-sale\/\",\"name\":\"CBRE Spearheads Orlando Industrial Sale - 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