NORTHPOINT III OFFICE BUILDING SOLD IN LAKE MARY, FLA.

LAKE MARY, FLA. — A joint venture between CB Richard Ellis Realty Trust and Duke Realty Corp. has purchased the 108,449-square-foot Northpoint III office building for an undisclosed amount. The property, which was constructed by Duke in 2001, is located at 3300 Exchange Place in the Northpoint Office Park in Lake Mary. The property is fully leased to Florida Power, who has a lease for the building until 2021.