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Indianapolis Investor Plans 490,000-SF Industrial Building at Airport Park

ORLANDO-Cumberland Land Holdings paid Airport International Park of Orlando Inc. $4.35 million or $98,864 per acre ($2.27 per sf) for a 44-acre tract at Airport International Park.

By remstaff | Globe Street | | Updated on December 12, 2000

ORLANDO-The eight-year-old Airport International Park of Orlando continues to attract investors/developers such as Cumberland Land Holdings of Indianapolis, IN. The company plans a 490,000-sf industrial structure on a 44-acre tract purchased from Airport International Park of Orlando Inc. for $4.35 million or $98,864 per acre ($2.27 per sf).

The park has developed 2.8 million sf of commercial since opening in 1982. Equis Inc. of Indianapolis negotiated for the buyer. The park represented itself.

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