Midtown Capital Partners acquires Orlando industrial portfolio for $56.1M
Authors
Grace Lewis
MIAMI, July 9, 2026 – JLL Capital Markets announced today the $56.1 million sale of Cypress Park, a 256,838-square-foot industrial park located at Satellite Blvd. in the Southeast Orange submarket of Orlando.
JLL represented the seller, Harbert Management Corporation, in the transaction. Midtown Capital Partners acquired the asset.
The five-building park sits directly off the Florida's Turnpike and U.S. Route 441 interchange, less than 15 minutes from Orlando's central business district and Orlando International Airport. The strategic location provides access to more than 6.4 million people within a 90-minute drive and reaches six of Florida's 10 fastest-growing counties via Interstate 4, Florida's Turnpike and U.S. 441.
Situated on 23.39 acres, Cypress Park offers functional design features including 45 dock-high doors representing 71% of total loading capacity, 18 drive-in and grade-level doors, clear heights ranging from 20 feet to 22 feet, and truck court depths of approximately 85 to 100 feet. All suites are fully sprinklered with LED lighting, dedicated air-conditioned warehouse space, and rear-load capabilities.
The property is 99% leased to 26 tenants across nine industries including technology, manufacturing, building materials, construction, retail distribution, food and beverage, financial services and third-party logistics. Suite sizes range from 1,000 to 34,000 square feet, with an average bay size of approximately 9,000 square feet.
The JLL Capital Markets team representing the seller was led by Senior Managing Director Luis Castillo and Managing Director Cody Brais, along with Associate Taylor Osborne and Analysts David Orta Jr. and Mia Gian.
"This offering presented a rare opportunity for investors to acquire critical mass in Orlando's highest-velocity market segment at a discount to replacement cost with demonstrated upside potential," said Brais. "Multiple qualified offers and robust investor interest throughout the marketing process validated the compelling combination of location, functionality and near-term value creation inherent in this asset."
JLL’s Capital Markets group is a full-service global provider of capital solutions for real estate investors and occupiers. The group’s in-depth local market and global investor knowledge delivers the best-in-class solutions for clients, including investment sales and advisory, debt advisory, M&A and corporate finance, loan sales, equity & fund placement, net lease, derivative advisory and energy & infrastructure advisory. The group has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.
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About JLL
JLL (NYSE:JLL) is a leading global commercial real estate services and investment management company with annual revenue of $26.1 billion, operations in over 80 countries and a global workforce of more than 113,000 as of March 31, 2026. For over 200 years, clients have trusted JLL, a Fortune 500® company, to help them confidently buy, build, occupy, manage and invest across a variety of industries and property types, including office, industrial, hotel, multi-family, retail and data center properties. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAY. Powered by rich global datasets and leading technology capabilities, we provide coordinated, end-to-end delivery of real estate services for a broad range of global clients who represent a wide variety of industries. Through LaSalle Investment Management, we invest for clients on a global basis in both private assets and publicly traded real estate securities. For further information, visit jll.com.
About Harbert Management Corporation
HMC is an alternative asset manager with approximately $7.8 billion in Regulatory Assets Under Management as of June 30, 2026. Formed in 1993, the firm is privately owned and serves a variety of institutional investors across multiple asset classes. Investment strategies include seniors housing, European and U.S. real estate, power, growth capital, and credit solutions. For additional information, visit www.harbert.net.
About Midtown Capital Partners
Midtown Capital Partners is a vertically integrated real estate investment, development and asset management firm based in Miami, Florida, with offices in West Palm Beach, Florida and Madrid, Spain. Founded in 2010, the firm is led by a management team with more than 80 years of combined real estate experience. Midtown Capital Partners manages a $1.2 billion platform of income-generating multifamily, industrial, office and retail assets across the Sunbelt.