68
CELEBRATION, FLA. — Marcus & Millichap has brokered the $25.7 million sale of 200 Celebration Place, a nine-story, 166,131-square-foot office building in Celebration, about 20 miles southwest of Orlando. The asset is fully leased to Walt Disney Parks and Resorts U.S. Inc. The property is within five minutes of the entrance to Walt Disney World Resort. Douglas Mandel and Ray Turchi of Marcus & Millichap represented both the buyer and seller, which are both institutional investors, in the transaction. Disney’s triple-net lease runs through June 2017.