Long Wharf Capital announced the $36.5 million acquisition of Silver Star Commerce Center, a 254,915-square-foot eight-property industrial park in Orlando.
JLL worked on behalf of the seller, Denholtz Properties, and procured the buyer.
Silver Star Commerce Center is located at 3600-3802 Silver Star Rd. and 3717-3763 Mercy Star Court. The properties span 20 acres and feature 18- to 20-foot clear heights and rear-load capabilities. It is currently 92 percent occupied by 27 tenants.
The industrial park is within the Northwest Orange County submarket, which is the second-largest submarket in the metro by inventory and has proximity to the central business district. The area is serviced by numerous major roadways, including Interstate 4, the Florida Turnpike, State Road 429 and U.S. Route 441.
