International Corporate Park Picks CBRE

ORLANDO-Orland Business Park, owner of the 2,900-acre, 15-year-old, International Corporate Park near Orlando International Airport, has selected CB Richard Ellis Inc. to lease up or sell dirt at the near-vacant asset in southeast Orlando. OBP bought the property last year and has been trying to market the park on its own.

CBRE industrial specialists David Murphy, William Tew and Kevin Hoover have the leasing and selling assignment. The park is zoned for 20 million sf of commercial/industrial.

Land at the park is selling for an average $2 per sf or about $87,120 per acre. The largest landowner in the park is Lockheed Martin Corp. with 200 undeveloped acres purchased in 1987.