Orlando industrial portfolio changes hands

Transwestern Investment Group (TIG) and Acento Real Estate Partners have sold a three-building, 213,660-square-foot industrial portfolio in Orlando to Florida-based Richland Capital Holdings. A sales price was not disclosed.

The properties, Monroe Commerce Center and Park South, were 100 percent leased at the time of sale.

“The portfolio fulfilled our investment objectives, providing stable cash flow from a diverse roster of national and regional tenants,” said Claire Casey, senior associate at TIG. “Orlando’s industrial market continues to see healthy rent growth and robust leasing, with limited developable sites.”