TMT Properties has acquired Celebration Office Center, a two-building, class A office complex totaling 161,437 square feet in Celebration, Fla., for $31.5 million.
JLL represented the seller, Real Estate Value Advisors, and procured the buyer.
The property is located at 1170 and 1180 Celebration Blvd. in the master-planned community of Celebration, approximately 28 miles southwest of downtown Orlando. Celebration Office Center has transportation access off Interstate 4 near its intersection with Routes 192 and 417, and is close to Walt Disney World, Universal Studios and a multitude of retail and dining options.
Completed in 2000 and 2001, Celebration Office Center offers two floors of class A office space, ample surface parking and is 98 percent leased.
