STNL Investment Sale Office/Flex; FARO Technologies ($FARO)
Office
/
Flex
Details
$5,150,000
Client
Private Individual
Year
2019
Address
125 Technology Park
Lake Mary, Florida 32746
The property was a single-tenant, net-leased R&D/flex asset located in Lake Mary’s sought-after Tech Park submarket.
It was occupied by FARO Technologies, a publicly traded company, in a long-term, purpose-built space.
The asset was sold to a New York-based buyer with a few years remaining on the lease term.
