{"id":160483,"date":"2021-11-02T02:30:00","date_gmt":"2021-11-02T02:30:00","guid":{"rendered":"https:\/\/icrowdnewswire.com\/?p=2945412"},"modified":"2021-11-02T21:46:00","modified_gmt":"2021-11-02T21:46:00","slug":"regency-commercial-properties-inc-closes-15-1m-sale-of-central-corporate-center-office-park-near-orlandos-central-business-district-and-international-airport","status":"publish","type":"post","link":"https:\/\/ipsnews.net\/business\/2021\/11\/02\/regency-commercial-properties-inc-closes-15-1m-sale-of-central-corporate-center-office-park-near-orlandos-central-business-district-and-international-airport\/","title":{"rendered":"Regency Commercial Properties, Inc. closes $15.1M sale of Central Corporate Center office park Data Center near Orlando\u2019s Central Business District and International Airport"},"content":{"rendered":"<p><img decoding=\"async\" loading=\"lazy\" class=\"wp-image-2945185 aligncenter\" src=\"https:\/\/icrowdnewswire.com\/wp-content\/uploads\/2021\/11\/dassssssc.jpg\" sizes=\"auto, (max-width: 643px) 100vw, 643px\" srcset=\"https:\/\/icrowdnewswire.com\/wp-content\/uploads\/2021\/11\/dassssssc.jpg 1420w, https:\/\/icrowdnewswire.com\/wp-content\/uploads\/2021\/11\/dassssssc-1024x792.jpg 1024w, https:\/\/icrowdnewswire.com\/wp-content\/uploads\/2021\/11\/dassssssc-768x594.jpg 768w\" alt=\"dassssssc\" width=\"643\" height=\"496\" title=\"Regency Commercial Properties, Inc. closes $15.1M sale of Central Corporate Center office park Data Center near Orlando\u2019s Central Business District and International Airport 3\"><\/p>\n<p style=\"text-align: center;\">Central Corporate Center<\/p>\n<p style=\"text-align: justify;\"><strong>Oct 20, 2021 \u2013 Orlando, Fla.<\/strong> Regency Commercial Properties, Inc. closed the $15.1M sale of Central Corporate Center, a five-building office park of 318,516 square feet on 21.7 acres at 5915-6035 South Rio Grande Ave, located in the Central Park area of Orlando, just north of The Florida Mall, centered between Orlando\u2019s Central Business District, Orlando International Airport and Disney World. The buyer is Central Corporate Center Acquisitions Group, LLC. Its managers include Marc Osheroff and Robert Palacios. Synovus Bank provided financing in the transaction.<\/p>\n<p style=\"text-align: justify;\">Robert Palacios, President of Miami-based Regency Commercial Properties, Inc. represented the buyer in the acquisition. The transaction was arranged on the Ten-X auction platform. The seller, Fort Lauderdale-based 110 Grove, LLC, was represented by Nathan Eissler and Lisa Bailey of Avison Young\u2019s Orlando office and David Duckworth, Michael Fay, John Crotty, Brian de la F\u00e9, and Berkley Bloodworth of Avison Young\u2019s Miami office.<\/p>\n<p style=\"text-align: justify;\">The main office building at 6021 S. Rio Grande Avenue has approximately 189,276 square feet of rentable area on seven floors. Originally built for defense contractor Lockheed Martin Corp., it also subsequently served AT&amp;T\u2019s web hosting group. The building has a 5:1 onsite parking ratio and full power redundancy.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"wp-image-2945186 aligncenter\" src=\"https:\/\/icrowdnewswire.com\/wp-content\/uploads\/2021\/11\/fdsdcds.jpg\" sizes=\"auto, (max-width: 652px) 100vw, 652px\" srcset=\"https:\/\/icrowdnewswire.com\/wp-content\/uploads\/2021\/11\/fdsdcds.jpg 1391w, https:\/\/icrowdnewswire.com\/wp-content\/uploads\/2021\/11\/fdsdcds-1024x617.jpg 1024w, https:\/\/icrowdnewswire.com\/wp-content\/uploads\/2021\/11\/fdsdcds-768x463.jpg 768w\" alt=\"fdsdcds\" width=\"652\" height=\"394\" title=\"Regency Commercial Properties, Inc. closes $15.1M sale of Central Corporate Center office park Data Center near Orlando\u2019s Central Business District and International Airport 4\"><\/p>\n<p style=\"text-align: center;\">Central Corporate Center, 6021 South Rio Grande Avenue, Orlando<\/p>\n<p style=\"text-align: justify;\">The balance of approximately 129,240 square feet is spread over four one-story buildings including a 51,240 data center with six emergency power back-up generators with over four megawatts of power capacity, ideally suited for data and cryptocurrency mining operations. The buyer plans to make infrastructure upgrades and capital improvements to reposition the property and attract corporate tenants.<\/p>\n<p><strong>For more information, contact:<\/strong><\/p>\n<p>Robert Palacios, President<br \/>\nRegency Commercial Properties, Inc.<br \/>\n16400 NW 2 Ave, Suite 202, Miami, FL 33169-6035<br \/>\nT 305-536.2400.\u00a0 C 305.803.8665<br \/>\nrpalacios@regency-commercial.com<\/p>\n<p class=\"tags\">Tags: <a href=\"https:\/\/icrowdnewswire.com\/tag\/brokers\/\" rel=\"tag noopener\" target=\"_blank\">Brokers<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/tag\/reit\/\" rel=\"tag noopener\" target=\"_blank\">reit<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/tag\/realtor-association\/\" rel=\"tag noopener\" target=\"_blank\">Realtor Association<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/tag\/miami-association-of-realtors\/\" rel=\"tag noopener\" target=\"_blank\">Miami Association of Realtors<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/tag\/tenant-representative\/\" rel=\"tag noopener\" target=\"_blank\">Tenant Representative<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/tag\/commercial-real-estate-broker\/\" rel=\"tag noopener\" target=\"_blank\">Commercial Real Estate Broker<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/tag\/real-estate-investor\/\" rel=\"tag noopener\" target=\"_blank\">Real Estate Investor<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/tag\/ccim\/\" rel=\"tag noopener\" target=\"_blank\">CCIM<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/tag\/sior\/\" rel=\"tag noopener\" target=\"_blank\">SIOR<\/a><\/p>\n<div><b>Tags:<\/b><br \/>\n<a href=\"https:\/\/icrowdnewswire.com\/category\/menafn\/\" rel=\"category tag noopener\" target=\"_blank\">Menafn<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/financial-content\/\" rel=\"category tag noopener\" target=\"_blank\">Financial Content<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/google-news\/\" rel=\"category tag noopener\" target=\"_blank\">Google News<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/pr-wirein\/\" rel=\"category tag noopener\" target=\"_blank\">PR-Wirein<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/ips\/\" rel=\"category tag noopener\" target=\"_blank\">IPS<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/real-estate-investing\/\" rel=\"category tag noopener\" target=\"_blank\">Real Estate Investing<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/reportedtimes\/\" rel=\"category tag noopener\" target=\"_blank\">Reportedtimes<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/news-category\/wire-real-estate\/\" rel=\"category tag noopener\" target=\"_blank\">Wire Real Estate<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/news-category\/icn-internal-distribution\/\" rel=\"category tag noopener\" target=\"_blank\">iCN Internal Distribution<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/news-category\/extended-distribution\/\" rel=\"category tag noopener\" target=\"_blank\">Extended Distribution<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/language\/english\/\" rel=\"category tag noopener\" target=\"_blank\">English<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Central Corporate Center Oct 20, 2021 &ndash; Orlando, Fla. Regency Commercial Properties, Inc. closed the $15.1M sale of Central Corporate Center, a five-building office park of 318,516 square feet on 21.7 acres at 5915-6035 South Rio Grande Ave, located in the Central Park area of Orlando, just north of The Florida Mall, centered between Orlando&rsquo;s [&hellip;] <a href=\"https:\/\/ipsnews.net\/business\/2021\/11\/02\/regency-commercial-properties-inc-closes-15-1m-sale-of-central-corporate-center-office-park-near-orlandos-central-business-district-and-international-airport\/\" class=\"more-link\">Continue Reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":291,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-160483","post","type-post","status-publish","format-standard","hentry","category-press-release"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Regency Commercial Properties, Inc. closes $15.1M sale of Central Corporate Center office park Data Center near Orlando\u2019s Central Business District and International Airport - Business<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ipsnews.net\/business\/2021\/11\/02\/regency-commercial-properties-inc-closes-15-1m-sale-of-central-corporate-center-office-park-near-orlandos-central-business-district-and-international-airport\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Regency Commercial Properties, Inc. closes $15.1M sale of Central Corporate Center office park Data Center near Orlando\u2019s Central Business District and International Airport - Business\" \/>\n<meta property=\"og:description\" content=\"Central Corporate Center Oct 20, 2021 &ndash; Orlando, Fla. Regency Commercial Properties, Inc. closed the $15.1M sale of Central Corporate Center, a five-building office park of 318,516 square feet on 21.7 acres at 5915-6035 South Rio Grande Ave, located in the Central Park area of Orlando, just north of The Florida Mall, centered between Orlando&rsquo;s [&hellip;] Continue Reading &rarr;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ipsnews.net\/business\/2021\/11\/02\/regency-commercial-properties-inc-closes-15-1m-sale-of-central-corporate-center-office-park-near-orlandos-central-business-district-and-international-airport\/\" \/>\n<meta property=\"og:site_name\" content=\"Business\" \/>\n<meta property=\"article:published_time\" content=\"2021-11-02T02:30:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-11-02T21:46:00+00:00\" \/>\n<meta name=\"author\" content=\"iCrowdNewswire\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"iCrowdNewswire\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ipsnews.net\/business\/2021\/11\/02\/regency-commercial-properties-inc-closes-15-1m-sale-of-central-corporate-center-office-park-near-orlandos-central-business-district-and-international-airport\/\",\"url\":\"https:\/\/ipsnews.net\/business\/2021\/11\/02\/regency-commercial-properties-inc-closes-15-1m-sale-of-central-corporate-center-office-park-near-orlandos-central-business-district-and-international-airport\/\",\"name\":\"Regency Commercial Properties, Inc. closes $15.1M sale of Central Corporate Center office park Data Center near Orlando\u2019s Central Business District and International Airport - 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Regency Commercial Properties, Inc. closed the $15.1M sale of Central Corporate Center, a five-building office park of 318,516 square feet on 21.7 acres at 5915-6035 South Rio Grande Ave, located in the Central Park area of Orlando, just north of The Florida Mall, centered between Orlando&rsquo;s [&hellip;] Continue Reading &rarr;","og_url":"https:\/\/ipsnews.net\/business\/2021\/11\/02\/regency-commercial-properties-inc-closes-15-1m-sale-of-central-corporate-center-office-park-near-orlandos-central-business-district-and-international-airport\/","og_site_name":"Business","article_published_time":"2021-11-02T02:30:00+00:00","article_modified_time":"2021-11-02T21:46:00+00:00","author":"iCrowdNewswire","twitter_card":"summary_large_image","twitter_misc":{"Written by":"iCrowdNewswire","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/ipsnews.net\/business\/2021\/11\/02\/regency-commercial-properties-inc-closes-15-1m-sale-of-central-corporate-center-office-park-near-orlandos-central-business-district-and-international-airport\/","url":"https:\/\/ipsnews.net\/business\/2021\/11\/02\/regency-commercial-properties-inc-closes-15-1m-sale-of-central-corporate-center-office-park-near-orlandos-central-business-district-and-international-airport\/","name":"Regency Commercial Properties, Inc. closes $15.1M sale of Central Corporate Center office park Data Center near Orlando\u2019s Central Business District and International Airport - 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