Titan Vanguard Acquires 63,000 SF Office Building in Orlando, Florida

March 30, 2022

Titan Vanguard is pleased to announce our closing on the Accredo Orlando Call and Training Center building. Accredo, part of Express Scripts, is a specialty pharmacy and wholly owned by Cigna Health (#13 on the Fortune 500). The building, acquired for $14 million, is a 63,000 SF office building in the Orlando Airport Submarket.

The Orlando Airport Submarket is the hottest submarket in Orlando with Orlando growing rapidly over the last decade as the #1 job growth market from 2015-2018 and # 4 best development market 2021. Rent is well below current market rates providing ownership with a lot of flexibility on how to create value with this asset.

This acquisition is part of Titan Vanguard’s strategy of investing in value-add office buildings in the southeast portion of the Sun Belt. Titan Vanguard funded this project through a partnership with an international equity group and debt on the Project was provided by Arrowmark Partners.