Orlando Portfolio of properties for Sale - University
Jones Lang LaSalle (“JLL”) is pleased to present an exclusive acquisition opportunity for the University Park Portfolio (the “Park” or “Properties”), a premier Class A office park totaling 388,907 rentable square feet across five buildings in Orlando, Florida. Currently 83.9% occupied, the Park features a 3.5-year Weighted Average Lease Term and 9.2-year Weighted Average Tenant Tenure, demonstrating both stability and enduring cash flow potential. The Park has demonstrated exceptional resilience since COVID-19, with over 70 lease transactions completed and average starting rents rising more than 11%. Strategically located in the Quadrangle Corporate Park, just a quarter mile from the University of Central Florida, the nation’s second-largest university, University Park has recorded 150,000+ square feet of leasing in the last 24 months, reflecting strong market momentum. The Park’s tenant roster reflects exceptional stability, with 41% of current tenancy occupied by investment-grade tenants, reducing collection risk and supporting predictable cash flows. Recent capital improvements totaling $5 million have strengthened competitiveness, with further value-add potential through strategic enhancements and modernization. Backed by high credit tenant retention, a prime location, and proven leasing velocity, University Park offers a rare chance to acquire a high-performing, value-add asset with substantial growth prospects in one of Orlando’s most dynamic office submarkets.
