Inland bought three office buildings, totaling 440,000 sf, from Walt Disney World's Celebration Co. for $70.6 million or $159.22 per sf.

Area brokers familiar with the transaction had told GlobeSt.com the estimated sale price at the time was $88 million or $200 per sf, which would have made it the largest local office deal ever, based on per-sf-price.

Inland and Disney won't disclose the purchase price details. But county records now show Inland paid $27.18 million or $155.31 per sf for the 175,000-sf, nine-story, seven-year-old 200 Building; $11.22 million or $149.60 per sf for the four-story, 75,000-sf, seven-year-old 210 Building; and $31.66 million or $166.63 per sf for the six-story, 190,000-sf, one-year-old 220 Building.

The last big office deal in Orlando was recorded Sept. 20, 1996 when Chicago entrepreneur Samuel Zell paid $124.21 million or $170 per sf for the tallest building in Central Florida--the 35-story, 654,678-sf Downtown SunTrust Center, the adjoining seven-story, 76,000-sf Park Building and 1,300-car parking garage within SunTrust Center.

The sellers were Atlanta-based SunTrust Bank, Dallas-based Lincoln Property Co. and Teachers Insurance and Annuity Association of New York.

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