(Read more on the industrial market.)
SANFORD, FL-Boston-based GID Investment Advisers LLC hasacquired the 110,000-sf flex/industrial Vantage Point BusinessCenter on behalf of an affiliate Windsor Realty Fund VII LLC.Orange City-based Vantage Point Properties sold the property for$12.5 million.
The four-building property was completed in July and is situatedon 9.5 acres along Monroe Road, which is currently being expandedfrom a two- to a four-lane road. It has access to Interstate 4,State Highway 417 and State Highway 429, which will be expanded. Itis also in close proximity to retail development, including the1.2-million-sf Seminole Town Center and the 550,000-sf MarketPlaceat Town Center.
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