Kennedy Commerce Center Orlando 997 W. Kennedy Blvd.

Hold-Thyssen Brokers $9.3M Sale of Industrial Portfolio in Orlando

by John Nelson

ORLANDO, FLA. — Hold-Thyssen Inc., a commercial real estate services firm based in Winter Park, Fla., has brokered the $9.3 million sale of a three-property industrial flex portfolio in Orlando. The portfolio spans 306,683 square feet and includes the Kennedy Commerce Center at 997 W. Kennedy Blvd., Edgewater Commerce Center at 6250 Edgewater Drive and Kirkman Commerce Center at 701 S. Kirkman Road. Each property’s occupancy was 74 percent or lower at the time of sale. All three properties underwent capital improvement projects over the last two years, including new landscaping, pylon signage and exterior paint. Anthony Fisher of Hold-Thyssen represented the seller, Miami-based LNR Partners LLC, in the transaction. The unnamed South Florida-based buyer has retained Hold-Thyssen to perform management and leasing services for the portfolio.

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