Lincoln Property Company Southeast has brokered the $3.5 million sale of Silver Star Logistics Center, a 147,389-square-foot manufacturing and logistics center in Orlando, Fla. An undisclosed buyer purchased the property from the seller.
Joe Rossi, senior vice president of investment services for Lincoln Property Company Southeast’s Orlando office, represented the seller.
The 7.32-acre property, which has been primarily vacant for more than three years, features 6,820 square feet of office space, 28-foot clear ceiling heights, an extensive sprinkler-security system, rail-spur service, covered loading docks and parking for more than 30 trailers. It is located less than three miles from downtown Orlando.
“We took over the sale and leasing assignment for this property in September 2011 and were able to quickly generate interest from potential tenants and buyers alike,” Rossi said. “This transaction represents a great deal for our client and is a strong testament to the demand for large warehouse buildings in our improving economy.”