CBRE Capital Markets Arranges $15M Sale and Financing of Class A Office in Orlando’s Maitland Submarket

CBRE Capital Markets has facilitated the sale and financing of a single-tenant, one-story Class A office building located at 65 S. Keller Road in Orlando, Florida. David Harari, CEO of Bloom Ventures, a global real estate investment firm, purchased the property for $15 million, marking the largest office sale in Maitland since May 2022.

Ronald J. Rogg with CBRE represented the seller. Zack Brumbaugh with CBRE secured acquisition financing for the buyer.

The 82,260-sq.-ft. office building sits in the Maitland submarket of Orlando. The property was fully leased at the time of sale with a high credit quality tenant.

“This sale is indicative of the beginning of renewed investor interest for high quality suburban office buildings in the Orlando MSA,” said Mr. Rogg, an Executive Vice President with CBRE Capital Markets. “Leasing has been strong in the Maitland Center submarket as the market continues to see more employees coming back to the office.”

“We had lending offers from multiple life insurance companies and banks, which speaks to the property’s quality especially at a time when competitive financing for office properties can be harder to come by,” said added Mr. Brumbaugh, a Senior Vice President with CBRE Capital Markets’ Debt & Structured Finance.

Bloom Ventures specializes in commercial real estate for the past 10 years, managing a diverse portfolio across the Southeastern United States. Bloom Ventures investments encompass a wide range of asset classes, including hotels, medical office buildings, industrial properties, and land banking.