Brokerage firm Lee & Associates Central Florida announced the sale of a four-building, 110,000-square-foot industrial property in Sanford for $9.9 million, or $90 per square foot.
Bo Bradford and Tom McFadden of Lee & Associates Central Florida represented the seller, Windsor at Vantage Point LLC, an affiliate of GID Investments in Boston.
The nine-year-old industrial property, called Vantage Point, is 89 percent occupied.
Bradford described Vantage Point in a press release as “a quality, institutional investment grade flex project.”
Gene Snyder & Co. represented the Florida-based buyer, Finance & Acquisitions LLC.
The four-building complex now has seven tenants, including Adventist, Tecta America, Mitsubishi, EKF Diagnostics and Patterson Dental.
Lee & Associates said Boston-based GID Investments sold the property at 570-588 Monroe Road in Sanford and multiple other properties as part of an overall strategic plan.