Infinity Properties Acquires $43M Small-Bay Portfolio in Orlando
BISWIRE/Dec. 27, 2023 — Infinity Properties, a prominent owner and operator in industrial real estate, has completed a $43 million transaction for a 10-building industrial portfolio in Orlando, FL.
This strategic acquisition, located near Infinity's existing 350,000 SF holdings, reinforces the company's presence in the area.
The acquired portfolio comprises three distinct business parks situated in Altamonte Springs, a thriving sub-market within Orlando. The details are as follows:
- Altamonte Commerce Center: 658 Douglas Ave, Altamonte Springs, FL
- Douglas Business Center: 620 Douglas Ave, Altamonte Springs, FL
- Northlake Flex Park: 317-337 North Lake Blvd, Altamonte Springs, FL
Under the leadership of Shane Decker and Brett Schlacter, Infinity Properties maintains its position as a trailblazer and leading purchaser within the multi-tenant industrial sector across Florida and the wider United States. The company remains engaged in both closing existing deals and actively exploring new opportunities in infill markets.
Shane Decker, Managing Partner at Infinity Properties, emphasized the strategic importance of this acquisition, stating, "This acquisition stands as a trophy purchase in one of the nation's fastest-growing rental rate markets. It's a seamless addition to our existing Orlando industrial portfolio, aligning perfectly with our investment criteria in terms of property fundamentals, location, and unit sizes. We’re enthusiastic about significantly increasing the value of these 10 buildings, and we are eagerly anticipating the transformative impact on the look and feel of each center."
Infinity operates as a vertically integrated commercial real estate private equity and institutional investment platform, offering investors unparalleled opportunities for capital appreciation and income generation through a portfolio of industrial and logistics assets. With a focus on high-growth and infill markets, the company stands as a beacon of success in the small-bay real estate investment landscape.
With ambitions to continue expanding its footprint in Orlando, throughout the entire state of Florida, and across the broader United States, including Utah and Colorado, Infinity Property's dedicated contacts can be reached at:
Shane Decker: shane@infinityproperties.com
Brett Schlacter: brett@infinityproperties.com
Peleg Amzalag: peleg@infinityproperties.com
