Industrial Investment Sales Heating Up

ORLANDO-Dallas-based Invesco Realty Advisors and McDonald Development Co. of Atlanta are separately selling prime properties in southeast Orange County as metro Orlando industrial investment sales begin to move after a sluggish 2002 period.

“The Orlando industrial investment sales market is heating up,” Ronald J. Rogg, vice president, office and industrial investment properties for CB Richard Ellis Inc. in Orlando, tells GlobeSt.com. “This is quite an anomaly for the Orlando market, which typically averages only several major transactions over a two to three-year period.”

With Crownpoint and Crossroads already on the market, “and the potential for several more later in the year, look for a record-setting year of industrial investment sales activity,” Rogg says.