Oaktree Capital Management has acquired International Corporate Park, two newly constructed logistics facilities totaling 262,200 square feet in Orlando, for $30.1 million.
JLL Capital Markets represented the seller, Whitley Capital.
International Corporate Park consists of two class A buildings with a shared truck court and ample parking. Building 1, which offers 143,000 square feet, is a fully leased, rear-load building with 32-foot clear heights, 35 dock doors and 184 car parking spaces. Building 2 is a 119,200-square-foot, front-load building with 32-foot clear heights, 22 dock doors and 140 car parking spaces.
Located on 16.5 acres at 8695 Transport Drive, International Corporate Park is just off the Beachline Expressway, which connects with Interstates 95 and 4, the Orlando Beltway (State Route 417) and Florida Turnpike, offering immediate access to major demand drivers and population centers within the state. As a result, the property is positioned to rea