Boston, MA based commercial real estate investment firm adds Orlando industrial properties to it's portfolio

Eaton Vance Corp, a Boston-based investment firm has purchased two large Orlando industrial properties totaling about $64 million. The first purchase was the 493,000-square-foot Daimler Chrysler parts distribution building adjacent to the Orlando International Airport for $44.2 million. The transaction includes land capable of expanding the existing facility by an additional 120,000 square feet.

Also included was a 225,000-square-foot manufacturing facility that was purchased for $11.2 million. The facility has a long-term lease with Sealy Corp., a leading bedding manufacturer which recently had the structure built. "The Orlando industrial market has been very strong, and we are delighted to invest in this dynamic area," says K.C. Swartzel, director of acquisitions and dispositions for Eaton Vance's real estate investment group.