Office Building Leased To Walt Disney Sells For $25.7M

May 19, 2014 No Comments by

Marcus & Millichap brokered the $25.7 million sale of 200 Celebration Place, a nine-story, 166,131-square-foot office building in Celebration, about 20 miles southwest of Orlando.

The asset is fully leased to Walt Disney Parks and Resorts U.S. Inc. Disney’s triple-net lease runs through June 2017.

The property is within five minutes of the entrance to Walt Disney World Resort.

Douglas Mandel and Ray Turchi of Marcus & Millichap represented both the buyer and seller, which are both institutional investors, in the transaction.

 

Source:  REBusiness

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