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CBRE Arranges $13.3M Sale of 107,419 SF Office Building in Metro Orlando

Northrop Grumman Engineering Facility in Melbourne, Fla. has been sold for $13.3 million.

Northrop Grumman Engineering Facility in Melbourne, Fla. has been sold for $13.3 million.

MELBOURNE, FLA. — CBRE Group Inc has negotiated the sale of Northrop Grumman Engineering Facility, a 107,4190 square-foot, single-tenant office building located at 3990 S. Babcock St. in the Orlando suburb of Melbourne. CBRE’s Ron Rogg and Chip Wooten represented the seller, BH Properties, in the transaction. California-based Rich Uncles NNN REIT acquired the property for approximately $13.3 million.

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