ORLANDO, FL-Indcor Properties, Inc., an affiliate of New York City-based The Blackstone Group, has purchased the Crossroads Distribution Center here for $22 million.

The four-building industrial park complex at Florida’s Turnpike and State Road 528 sits on approximately 37.5 acres. The sale is the largest investor purchase of a significant industrial property in Central Florida in recent years, according to CBRE Senior Vice President David Murphy. The was put on the market for sale for about a month before the seller called for offers, Murphy, who represented the seller, tells the Orlando Sentinel.

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