ORLANDO—A single-tenant office property leased to Kaplan University has traded hands. RT Ingenuity sold the 124,500-square-foot, two-story building to City Office REIT for $26.5 million. CBRE represented the seller.

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

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