Principal Asset Management is adding a two-building industrial property to its portfolio, as reported by Orlando Business Journal.

The asset, located in Kissimmee, Florida at 5010 and 5030 Industrial Lane, is known as Osceola Logistics Center. One of the buildings spans 133,380 square feet, while the other comes out to 147,420 SF. That makes up a total of 280,800 SF.

The property consists of 48 off-dock trailer positions, 86 high dock doors, food storage, and freezer space.

InLight Real Estate Partners and Black Salmon Capital, under a partnership through Industrial Lane Kissimmee Propco LLC, sold the asset and was represented by Cushman & Wakefield.

According to the CRE firm, the property is 100 percent leased to one tenant that provides food and grocery storage

Source:  GlobeSt.