Orlando

The larger of the two buildings is fully leased, whereas the smaller building is mostly vacant.

Crocker Partners and PCCP teamed up to acquire two fully occupied buildings in Central Florida Research Park.

Strader says the mobile workforce is here to stay, with office buildings and spaces continuing to adapt and provide the level of service and amenities contemporary tenants demand.

"Office assets in Orlando continue to demand premium financing terms and pricing."

"New construction is expensive in Central Florida so if you can find an asset which could be repurposed taking advantage of some existing structures, land uses, infrastructure, they become desirable for redevelopment."

The 243-acre parcel falls within Orlando's Airport/Lake Nona submarket, which is one of the largest and most in-demand industrial submarkets in Central Florida.

A train station would mean more demand for vacation homes at The Grove, which is located five miles from Disney World.

"Downtown Orlando has been on our radar since the firm's inception."