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Goldman Sachs Alternatives has acquired Turnpike Logistics Center, a mission-critical, 977,441-square-foot distribution facility in the Orlando industrial market. Scannell Properties sold the Class A asset for $97.25 million.

The cross-dock industrial property at 19800 S. O’Brien Road in Groveland, Fla., came online in 2023. It is fully leased to Duke Energy, which uses the property as its Florida headquarters and distribution hub.

Scannell Properties acquired the nearly 94-acre site in July 2021 for $10.5 million and secured a $48.8 million mortgage for the development from Pinnacle Bank, according to Yardi research data.