Tupperware HQ Outside Orlando Sells for $43 Million

 Tupperware’s corporate headquarters in Kissimmee, Florida, has sold for the second time in eight months.

This sale is further evidence of the strength of the single-tenant market spurred by investor appetite for long-term revenue from credit-rated tenants. The seller had put the property on the market four months after its acquisition after receiving unsolicited interest in the property.

Tupperware had sold the eight-building, 43-acre campus last September to O’Connor Capital Partners for $43.7 million. In the just completed sale, O’Connor received $43 million.

“At one time, Tupperware owned over 1,000 acres and was considered one of the largest landowners in Florida,” Douglas Mandel, IPA executive managing director, said in a statement. “In 2020, Tupperware Brands executed a new 11-year lease with options enabling them to remain on the campus for up to 25 years


CoStar News - Tupperware HQ Outside Orlando Sells for $43 Million

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