ORLANDO UNIVERSITY CENTER OFFICE PARK ACQUIRED FOR $33M

ORLANDO, FLA. — Boca Raton, Fla.-based Crocker Partners has acquired Orlando University Center, a five-building office portfolio, for approximately $33 million on Auction.com. The 386,512-square-foot portfolio includes three office buildings on Lake Lynda Boulevard and two office buildings on Corporate Boulevard in Orlando. The office park portfolio is 70 percent occupied by local, regional and national tenants including Woolpert Inc., Zenith Insurance, the Social Security Administration and Dignitas. Fred Beasley and Bret Felberg of Colliers International Central Florida and John Crotty of Colliers International South Florida represented the seller. Crocker Partners represented itself. LNR was the special servicer for the office portfolio.