Insights

EXPANDING TO ORLANDO, FLORIDA WITH ~173K SF CLASS B INDUSTRIAL ACQUISITION

FORT WORTH, Texas (March 30, 2022) – Fort Capital has acquired eight Class B industrial buildings located in Orlando, Florida. The 172,946 square foot portfolio is comprised of Hanging Moss Business Park (6100-6148 Hanging Moss Road) and Goldenrod Business Park (1460-1476 North Goldenrod Road) both located in the underserved Southeast Orange County submarket. The properties are located approximately 10 minutes from Downtown Orlando and 25 minutes from both the Orlando and Sanford International Airports. With convenient access to SR 408, SR 417, and I-4, tenants can easily access the entire Orlando MSA. This portfolio offers 46 suites averaging 4,321 square feet and is currently 94% occupied.

“We are excited to enter the Florida market with the acquisition of these institutional quality assets. Based on several indicators, we are confident that Orlando—and Florida as a whole—is a strong market for investment. We are actively working on and will be expanding our footprint in the very near future,” said Jason Baxter, CEO and President.

Florida’s industrial market has substantial upside due to increasing population growth, a business-friendly environment, and lack of developable land sites. You can read our top four reasons for expanding to Orlando here.

We are actively acquiring Class B industrial and office buildings between $10M to $75M in major metropolitan areas of Texas and strategic markets within Tennessee and Florida. Please submit any deals that match this criteria to deals@fort-companies.com.

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