Archive for March, 2009

Matt Sullivan and Wilson McDowell Complete 252,000 SF Renewal in South Orlando

The team of Matt Sullivan, CCIM and Wilson McDowell, CCIM completed one of the largest industrial deals of the year with a renewal at 1151 Gills Dr with Office Depot.  Matt and Wilson represented the Landlord, Colony Realty Partners, in the transaction.

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ProLogis Buys Orlando Industrial Sites for $46.6 Million

A Denver firm has been on a buying spree in the Orlando area — even though it announced last month it’s selling 33 million square feet of its industrial sites nationwide.

Between December and February, real estate investment trust ProLogis (NYSE: PLD) bought four parcels totaling 67 acres in southeast Orlando’s Beltway Commerce Center for nearly $46.6 million, said Orange County records.

The properties were sold by Taurus Industrial Beltway One LLC and Taurus Industrial Beltway Two LLC, business affiliates of Atlanta-based Taurus Industrial Development LLC.

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