Orlando, FL – July 28, 2016 – CBRE Industrial & Logistics has been engaged by Jrb Orlando LLC to market a 115,180-square-foot industrial asset at 2216 Directors Row in Orlando, Florida. The expansive property, which covers 4.45 acres, will be represented by CBRE’s David Murphy and Monica Wonus.
“Building on solid economic growth, the overall industrial vacancy in the Orlando market is approaching lows that have not been seen since the previous market cycle more than eight years ago. With such fierce demand for high-quality distribution assets, the property at 2216 Directors Row offers the opportunity to acquire a well-located, well-appointed logistics facility to provide goods to consumers as soon as possible,” said Mr. Murphy, a CBRE Senior Vice President.
Built in 1971, the original building at 2216 Directors Row spans 51,221 square feet with 8,830 square feet of office space, including a conference room, three offices, a kitchen facility and an open floor plan. An expansion added in 1974 encompasses 63,959 square feet with 24-foot clear-height ceilings, ten-by-ten dock high doors with dock levels, and ramp access to a covered loading dock area.
Fully sprinklered and with overhead platforms on all dock doors, the property is of block-and-tilt-wall construction and features ten forklift charging stations, 82 parking spaces, fenced outside storage, video surveillance, and a security access control system. Options include two Freon coolers and building signage is available.
Fully sprinklered and with overhead platforms on all dock doors, the property is of block-and-tilt-wall construction and features ten forklift charging stations, 82 parking spaces, fenced outside storage, video surveillance, and a security access control system. Options include two Freon coolers and building signage is available.
Located in Southwest Orlando, 2216 Directors Row is near Highways 528 and 408, Florida’s Turnpike, John Young Parkway and I-4. The property is within a five-minute drive of both I-4 and the Orange County Convention Center, 10 minutes to Orlando International Airport, and 15 minutes to major Orlando attractions.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2015 revenue). The Company has more than 70,000 employees (excluding affiliates), and serves real estate investors and occupiers through more than 400 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2015 revenue). The Company has more than 70,000 employees (excluding affiliates), and serves real estate investors and occupiers through more than 400 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.
