ORLANDO—A single-tenant office property leasedto Kaplan University has traded hands. RTIngenuity sold the 124,500-square-foot, two-story buildingto City Office REIT for $26.5 million. CBRErepresented the seller.

“This sale affirms the institutional investors'willingness to place investment capital in one of Orlando'sbest suburban office parks, the Central Florida Research Park,”Ronald Rogg, an executive vice president of CBRECapital Markets, Office & Industrial, tells GlobeSt.com.“Central Florida Research Park (CRFP) offers a combination offlexible office space, great amenities and convenient access tomajor transportation arteries.”

The office property features a 25-foot-highglass atrium, open spiral staircase, on-site modern cafeteria, andhigh technology infrastructure. The infrastructure includesuninterrupted and redundant power, FM-200 dry fire suppression,advanced security and fire protection, and CAT5 cabling throughout.The site also includes land for future development.