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Maggie building exterior

Maggie is a 96,303 SF multi-tenant warehouse in Orlando, Florida. Acquired off-market in Q1 2019, the building was 100 percent leased. The infill building features a highly functional rear load configuration and additional ground allowing for trailer parking, a feature in high demand and virtually nonexistent in the submarket. It is in the 33rd Street micro market which is one of the strongest industrial submarkets of Orlando, FL. Repositioning involved interior and exterior upgrades, and increasing rents to market rents as leases expire.

Location

Maggie

Orlando, FL

Industrial | Unrealized

Asset Summary

Acquisition Date:
Q1 2019
Size:
96,303 SQ FT
Property Type:
Industrial
Deal Profile:
Fund III, Acquisition
Investment Profile:
Value-Add
Deal Source:
Off Market