MCKINLEY SELLS LAKE EMMA CORPORATE PARK IN CENTRAL FLORIDA

LAKE MARY, FLA. — McKinley, an Ann Arbor, Mich.-based real estate owner and operator, has sold Lake Emma Corporate Park, a 245,000-square-foot office complex in Lake Mary, approximately 20 miles north of Orlando. McKinley was appointed as receiver in August 2011 and was subsequently retained as property manager. During its time as manager, McKinley successfully negotiated a tax appeal, completed an extensive HVAC replacement, increased occupancy, reduced operating costs and enhanced the overall property appearance.