ORLANDO-Liberty Property Trust has acquired a warehouse distribution center measuring 713,585 square feet from Pacific Life for $23.6 million. The facility is situated in the South Orlando industrial submarket at 8201 Chancellor Drive and is 100% occupied by a high-credit tenant.
In the transaction, CB Richard Ellis represented the seller. With this acquisition, Liberty Property Trust owns over 4.5 million square feet of industrial space in the Orlando region. For the full story, go to Florida Real Estate Journal.
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