McKinley Institutional Commercial Real Estate Announces Successful Disposition of Orlando Office BuildingDecember 11, 2014
Orlando, FL – McKinley Institutional Commercial Real Estate (ICRE) is pleased to announce the successful disposition of the Island One office building in Orlando, Florida. McKinley was appointed Receiver of this 55,529 square foot asset on December 12, 2012 and was retained as Manager. During its time as Manager, McKinley was able to increase aesthetics by replacing the awnings, updating the landscaping and upgrading the lobby. Property management also completed an upgrade of the energy management system.
“Our Orlando-based team was able to implement numerous changes to this property to increase the value for the disposition,” stated Lauren Leach, Director, Commercial Portfolio Management – Institutional Commercial Real Estate. “I am proud of what they were able to accomplish,” added Leach.