ORLANDO—Entrust Realty Advisors is disposing ofsome Orlando office assets. The firm’s Alter Groupaffiliate, which specializes in the disposition andrecapitalization of investment real estate, just sold twosingle-story office buildings spanning 105,457 square feet.

A private investment group controlled by Real EstateInverlad acquired the office assets, which are located on9.87 acres at Concourse at Quadrangle. The office buildings are 91%leased to high-credit tenants, including Siemens Corporation andState Farm Mutual. Financial terms of the deal were notdisclosed.

“Having highly visible investment grade tenants in State Farm andSiemens Corporation, who already have a large footprint in themarket, make the property attractive to investors looking for astability,” James Clark III, managing principal atEnTrust, tells GlobeSt.com. Alter Group developed the officebuildings in 2005 and 2006 within the 472-acre research anddevelopment park that’s adjacent to the Central Florida ResearchPark, the seventh largest R&D park in the nation.

Constructed in an L shape, the buildings have a 13-foot ceilingheight; 1800-amp electrical services power system; and 537 surfaceparking spaces. Each building has multiple tenant entrances andaccommodates single- or multi-tenant uses. Space in the55,215-square-foot and 50,242-square-foot buildings is divisible to5,000 square feet.