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Small Bay Daily - January 7 - Legacy Capital Partners buys small bay portfolio in Orlando area

Small Bay Daily - January 7 - Legacy Capital Partners buys small bay portfolio in Orlando area

Legacy Capital Partners buys Orlando small bay. Seyon buys Philadelphia area midbay. ATLAS buys Phoenix small bay. Partners brokers Houston small bay. Lee & Associates leases Charleston small bay. Greenberg & Gibbons plans Raleigh expansion. Six new small bay listings.

Katherine Peach
January 07, 2025

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NEWS ROUNDUP

Legacy Capital Partners buys Orlando small bay

ACQUISITION: Legacy buys small bay portfolio in Orlando, FL metro area. Legacy Capital Partners has acquired 310-370 Lemon Lane in Casselberry, Florida. The portfolio includes 3 multi-tenant industrial buildings totaling 42,634 SF. The transaction marked Legacy’s 5th Central Florida acquisition in the last 120 days. The Legacy deal team was led by Jack McCunn and Jack Slater. Jerod Freeland with Foundry Commercial is handling the leasing of the property.

ACQUISITION: Seyon buys light industrial building in Philadelphia metro area. The Seyon Group has acquired 2100 Cabot Boulevard West in Langhorne, Pennsylvania. The property features a 40,729 SF midbay industrial asset. The Seyon deal team included Austin Devine. Mike Borski and Pat Gilmore with The Flynn Company represented the seller in the transaction.

DISPOSITION: ATLAS sells small bay industrial facility in Phoenix, AZ. ATLAS has sold 4750 South 32nd Street in Phoenix, Arizona. The property, which is located in the Phoenix Sky Harbor submarket, features a 33,324 SF building. Phil Haenel, Foster Bundy, and Katie Repine with Cushman & Wakefield represented ATLAS in the sale. Tanner Ferrandi and Bryan Johnson with CBRE represented the buyer.

DISPOSITION: Partners brokers sale of small bay facility in Houston, TX. Partners Real Estate has facilitated the sale of 5719 Armour Drive in Houston, Texas. The property features a 10,745 SF warehouse along with a 25,000 SF asphalt storage yard. The Partners deal team of Travis Land, Braedon Emde, and Alisha Renshaw represented the seller. Ryan DeGennaro, also of Partners, represented the buyer.

Lee & Associates leases Charleston small bay

LEASE SIGNED: L&A leases small bay industrial in North Charleston, SC. Lee & Associates Charleston represented the tenant in the leasing of 2818 Industrial Avenue, Suite B, in North Charleston, South Carolina. The unit includes 10,000 SF of industrial space. The L&A deal team was led by Jon-Michael Brock.

DEVELOPMENT: Greenberg Gibbons to expand industrial park near Raleigh, NC. Greenberg Gibbons has filed plans to expand its Park Overlook industrial park in Cary, North Carolina. The 2nd phase of the project, Park Overlook West, will be located at 4110, 4120, 4130, and 4170 Park Overlook Way. It will consist of 4 buildings totaling 212,360 SF. Park Overlook West complements the 1st phase, Park Overlook East, which features 2 buildings totaling 162,000 currently under construction. The Greenberg Gibbons team is led by Alex Laperouse. Ann-Stewart Patterson, Austin Nagy, and John Hogan with CBRE are handling the leasing of Park Overlook.