ORLANDO, November 14, 2025 – Cushman & Wakefield announced today that the firm represented Penn-Florida Companies in its $25.2 million disposition of Sunport Technological Center, a 148,164 square foot industrial property in Orlando’s Airport Lake Nona Submarket.
Cushman & Wakefield’s Rick Colon, Rick Brugge, Mike Davis and Dominic Montazemi represented Penn-Florida Companies in partnership with the Orlando based leasing team of Jared Bonshire and David Perez, who have been retained to continue leasing the Property. The Property was acquired by Mactaggart & Company, a family office based out of New York.
Located at 100 and 203 Sunport Lane in Orlando, the property totals 148,164 square feet of industrial space and is 96% leased. With its location near Orlando International Airport, Sunport 100 offers excellent connectivity to Orlando International Airport, the Beachline Expressway, Florida’s Turnpike, I-4 and Florida SR 417. Originally constructed in 1986, Sunport 100 was fully renovated in 2018. Additionally, the site includes seven additional acres of developable land, which the buyer plans to develop for outdoor storage and truck parking.
“This transaction reflects the continued strength of Orlando’s industrial market and the demand for well-located assets with a strong tenant base,” said Colon. “We’re proud to have facilitated a deal that supports both the seller’s goals and the buyer’s long-term vision.”