Capital Placement Partners Advises on $30.6 Million Sale of Longwood Industrial Logistics Center in Seminole County, Florida

Longwood Industrial Logistics Center in Seminole County, Florida

09/20/2024 - Capital Placement Partners is pleased to announce it has advised the seller on the successful disposition of Longwood Logistics Center, a 196,372-square-foot, multi-tenant industrial campus located on 15.4 acres in Longwood, Florida—a highly sought-after infill submarket within Greater Orlando. The asset sold for $30.6 million in a transaction that ranks among the largest industrial investment sales in Seminole County history.

Situated at 955-1075 Florida Central Parkway, the property offers proximity to Interstate 4 and SR 417, providing tenants with seamless access to Orlando’s distribution and logistics corridors. The project was 97.4% leased at the time of sale, excluding a 3.5-acre IOS parcel available for lease, and features a mix of national and regional tenants across e-commerce, logistics, and light manufacturing sectors.

Capital Placement Partners worked closely with the seller, a New York-based private investment group, to evaluate and position the asset for disposition. Leveraging detailed cash flow modeling and market-based benchmarking, the firm helped clarify the long-term value of the investment—particularly in light of below-market in-place rents averaging $7.41 per square foot, which were estimated to be as much as 41% below current market rents for comparable industrial product in the area.

What made this transaction especially unique was the long-term fixed-rate lease structures in place for key tenants, some extending as far as 2041. This dynamic created a compelling profile for long-term income durability, while also requiring thoughtful underwriting to properly capture embedded upside over time. The buyer, Redfearn Capital, recognized this opportunity and closed on the transaction on September 20, 2024, as part of its broader strategy to scale in Central Florida’s top-performing submarkets.

“This deal required a clear understanding of both current yield and long-term market rent reversion,” said Thevin Campton at Capital Placement Partners. “We’re proud to have helped the seller unlock value in a complex structure and to deliver a successful outcome in today’s evolving market landscape.”

The sale of Longwood Logistics Center adds to Capital Placement Partners’ growing track record in advising private owners and institutions across the industrial real estate spectrum.

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About Capital Placement Partners Capital Placement Partners is a Florida-based commercial real estate advisory firm specializing in the sale and repositioning of industrial, flex, and office assets throughout the Southeast. With deep expertise in investment sales, 1031 exchange advisory, and strategic portfolio analysis, the firm helps property owners maximize value and execute with confidence in every phase of the asset lifecycle. For more information, visit cpprealty.com.