$15.6M financing arranged for 7-buiding office property in Orlando area

ORLANDO, June 6, 2022 – JLL Capital Markets announced today that it has arranged $15.6 million in financing for University Corporate Center, a seven-building office and flex campus totaling 128,012 square feet in Winter Park, Florida.

Working on behalf of the borrower, Denholtz Properties, JLL placed the seven-year financing with BankUnited, N.A.

University Corporate Center is a multi-tenant complex that is 98% leased to 28 tenants across multiple suites. The properties are situated on a 12.28-acre site, which features 521 surface parking spaces.

Located at 6969-7129 University Blvd., University Corporate Center is approximately six miles east of downtown Orlando close to the University of Central Florida and the Central Florida Research Park. The property is convenient to Interstate 4 providing access throughout the greater Orlando area and is just 10 miles from the Orlando International Airport.

JLL’s Debt Advisory team representing the borrower was led by Senior Managing Directors Michael Klein and Jon Mikula, Senior Director Maxx Carney and Associate Ryan Carroll.

“Denholtz Properties’ scale and experience within the Florida market was clearly demonstrated through their successful business plan execution at University Corporate Center,” Carney said. “Their track record of success in the Florida market coupled with their exceptional reputation resulted in a competitive financing process.”

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment sales and advisory, debt advisory, equity advisory or a recapitalization. The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.

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