Bellevue, WA-based Investment Realty Advisors Inc. president TedGibbons represented the buyer in the transaction. Charles Fredrickand Tom Hankins, of Orlando-based Realty Capital TCN Worldwide,represented the seller.

"The property was a good fit for Tansley Trust because it iscurrently looking to balance its overall property portfolio interms of finding multi-tenant office properties that have rentsthat are below market value," Gibbons tells GlobeSt.com.

The one-story building is located on 9.1 acres approximatelyfour miles south of the Orlando Central Business District andwithin two miles of the Orlando Regional Medical Center, ArnoldPalmer Children's Hospital and ORMC Lucerne Medical Facilities."The property has substantial excess parking at over six spaces per1,000 sf," Gibbons says. "It serves as a medical office buildingfor a number of strong medical tenants due to the proximity to thehospitals and other medical service facilities in the immediatearea."