The purchase price equates to $38.03 per sf, based on 51,000 usable sf the buyer will actually have after deeding back 15,000 sf to the Postal Service for its ongoing daily operations. The $1.94 million price is scaled down from the initially-disclosed $2.02 million purchase number.
Kuhn plans to convert the facility to a one-user office condominium by year end.
"That deal is in the works but we are pledged to absolute confidentiality in identifying the user until the deal closes," Tom D. Cook, senior vice president/development in the Orlando office of Carter & Associates-ONCOR, tells GlobeSt.com.
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