$49.5M Tesla portfolio sale completed in Florida

MIAMI, Feb. 23, 2026 –  JLL Capital Markets announced today that it has successfully facilitated the acquisition of a two-property Tesla portfolio consisting of Sales, Service & Delivery facilities in Gainesville and Kissimmee, Florida, for a combined $49.47 million.

JLL represented a New Jersey-based private family in acquiring the fully leased assets from O’Connor Capital Partners, a New York- & Florida-based development and investment firm.

The transaction included a Tesla facility at 2501 North Main St. in Gainesville and a facility at 2935 North Orange Blossom Trail in Kissimmee. O’Connor Capital Partners successfully executed on the build-to-suit development of both facilities on behalf of Tesla.

Both properties operate under net lease structures with Tesla responsible for taxes, insurance and maintenance. The facilities represent Tesla's expanding footprint in Florida, which ranks second in Tesla purchases nationwide.

The Gainesville location sits 2.5 miles from the University of Florida campus, which serves more than 55,000 students and 17,000 faculty and staff. The property benefits from prominent positioning on North Main Street with access to Interstate 75 and proximity to 13 car dealerships within one mile.

The Kissimmee facility is strategically located less than 20 miles from downtown Orlando in the Orlando metropolitan area, which has a population of 2.7 million. The property sits along Orange Blossom Trail with access to East Osceola Parkway and serves as Tesla's first used car sales and service center in the country.

Tesla Inc. reported $24.9 billion in revenue as of the fourth quarter of 2025, and the company maintains investment-grade credit ratings of Baa2 from Moody's and BBB from S&P Global.

JLL Capital Markets 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. JLL Capital Markets has more than 3,000 specialists worldwide with offices in nearly 50 countries.

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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 December 31, 2025. 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.