Wilson Investment Properties Leads Acquisition of 93,110 SF Industrial Property Next to Orlando Sanford International Airport

Value-add deal targets one of Central Florida's tightest industrial submarkets

SANFORD, Fla., Nov. 10, 2026 /PRNewswire/ -- Wilson Investment Properties, Inc. today announced the acquisition of 1770 E Lake Mary Blvd, a ±93,110-square-foot multi-tenant industrial property on 7.39 acres next to Orlando Sanford International Airport. The gross sales price was $11,050,000. The deal was structured through a new special-purpose syndication and two other special-purpose LLCs, all managed by Wilson Investment Properties.

The single-story, shallow-bay building has ±715 feet of frontage on E Lake Mary Blvd with direct access to SR 417, I-4, SR 46, US 17-92 and the Wekiva Parkway. It is 57% leased to Elliott Electric Supply and Magic Ice USA, which together occupy about 53,110 square feet.

"We acquired this property after months of research, and I personally inspected it before we committed," said Tom K. Wilson, CEO and Founder of Wilson Investment Properties. "Shallow bay space next to a growing airport, in a submarket with almost no new competing supply, is exactly what local trades, distributors and light manufacturers are looking for. Our job now is to finish the lease-up and give tenants a well-run, modern place to do business."

Property Manager Guys, LLC will handle day-to-day management.

A tight submarket in a fast-growing metro

The Longwood / Lake Mary / Sanford industrial submarket reported 4.65% vacancy in Q2 2026, versus 9.90% across the Orlando metro, and none of the space under construction there is comparable shallow bay product. Orlando ranked first among the nation's 30 largest metros for population, job and GDP growth in 2024.

Strategic value drivers

• Below-market basis: About $118 per square foot, roughly 21% below recent comparable Seminole County trades averaging about $151 per square foot.
• Capital improvements: About $1.45 million in upgrades, including a new roof (2024) and exterior paint and interior renovations (2025).
• Leasing momentum: More than 53,000 square feet of recent leases, including a 10-year lease with Elliott Electric Supply and a 3-year lease with Magic Ice USA.

The plan ahead

Wilson Investment Properties plans to lease about 40,000 square feet to trade, last-mile, light manufacturing and airport-related users; offer about 1.45 acres of secured industrial outdoor storage, a scarce feature in the corridor; restore full 53-foot tractor-trailer circulation; and upgrade fencing, access control and signage.

The building offers 18–20-foot clear heights, grade-level loading on all four sides, 800–1,200-amp three-phase power and MI-2 zoning, Sanford's heaviest industrial zoning. Suites are available from about 4,000 square feet.

Leasing inquiries: Orlando Industrial Real Estate, LLC (orlandoindustrial.com)

• Nick Bond, Vice President, (407) 756-6869
• Connor Shimmel, Vice President, (630) 779-7776

About Wilson Investment Properties, Inc.

Wilson Investment Properties, Inc. acquires and repositions value-add commercial real estate in high-growth markets. Learn more at www.wilsoninvest.com.

Media contact
Mana Nahavandian, Chief Marketing Officer, Wilson Investment Properties, Inc., [email protected] 

SOURCE Wilson Investment Properties