JV BUYS 317,521-SQUARE-FOOT OFFICE PARK FOR $29 MILLION

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ORLANDO, FLA. — A joint venture between The Praedium Group and Tower Realty Partners has acquired the 317,521-square-foot Quorum Center Orlando from USAA Real Estate Co. for $29 million. The 13-building office park is located on Vineland Road. The property, which was built in 1987, is 85 percent occupied. Mark Lippmann and Clifford Stein served as in-house representation for Praedium. Ronald Rogg of CB Richard Ellis’ Orlando office represented the seller.

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