109,000 sqf West Orlando business park sells for $9.45m

2 March 2018

Heaven III, a multi-tenant business park at the intersection of W. Lancaster Road in southwest Orlando Central Park has been sold for $9.45 million. NAI Realvest negotiated the off-market purchase on behalf of the buyer Heaven 3 RE, which includes investors Michael and James Kramer of Miami. Located at 6925 Lake Ellenor Drive, the complex features 109,344 square feet of flex space. The six-building campus built in 1975 and renovated in 2015 is nearly 100 percent leased with long-term tenants including Chubb Insurance, Bostwick Laboratories and Davita Renal Healthcare. The new owners have retained NAI Realvest to handle leasing and management of the property.

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