ORIX REAL ESTATE CAPITAL ACQUIRES PORTFOLIO OF NET LEASED PROPERTIES
MECHANICSBURG, PA.; GROVEPORT,OHIO; AND GREENVILLE, S.C. — Orix Real Estate Capital has purchased a portfolio of three net leased properties located in Mechanicsburg, Groveport and Greenville from Lexington Realty Trust. The three properties total 1.1 million square feet of industrial and office space. The Mechanicsburg facility, located at 6350 Brackbill Blvd., is a one-story, 507,634-square-foot industrial building that is leased to Exel Logistics. The Groveport building is a 354,676-sqaure-foot warehouse facility located at 6500 Adelaide Ct. The Greenville property is a three-story, 192,884-square-foot Class A office building located at 701 Brookfield Pkwy. Orix was represented in-house by Eric Wollan and Boris Shraybman. John Huguenard of Colliers Turley Martin represented the seller in the Groveport transaction, Michael Hines of CBRE represented the seller in the Mechanicsburg transaction and Ryan Clutter, also of CBRE, represented the seller in the Greenville transaction. The sale price was undisclosed.