James Heistend, chairman/owner of Dasco and Orlando-based Capitol Partners, couldn't be reached at GlobeSt.com's publication deadline to learn the closing date of the deal which is expected to be completed before year end.
Area brokers tell GlobeSt.com on condition of anonymity the $91 per-sf price is below existing replacement costs of at least $125 per sf for comparable assets.
The prepared statement from Dasco didn't disclose the age of the buildings or their individual dimensions. Orlando Regional will continue to lease a total 67,420 sf in several of the buildings.
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