July 2026 - Harbert Management Corporation Sells Cypress Park

Birmingham, AL, July 1, 2026 - Harbert Management Corporation (“HMC” or the ‘firm”), an alternative asset manager with approximately $7.8 billion in regulatory assets under management as of May 31, 2026, today announced the sale of Cypress Park, a 256,838 square-foot infill last-mile industrial park in Orlando, Florida.

Located in Orlando’s Southeast Orange submarket, the property consists of five shallow-bay warehouses that are near Downtown Orlando and the Orlando International Airport. HMC acquired a 100% interest in the property in 2024 at 88% occupancy with in-place rents below $10 per square foot. Since acquisition, occupancy has increased to 100% and recent lease rates have averaged over 50% above in-place rents.

"Cypress Park presents a rare opportunity within Orlando’s highly desirable light industrial market,” said Todd Jordan, Managing Director, U.S. Real Estate at HMC. “We are proud to have identified, enhanced, and exited an attractive asset in one of the fastest-growing markets in the nation. The transaction highlights the continued demand for well-located industrial properties near major transportation hubs in markets supported by strong rent and population growth.”

Beyond its strong occupancy and shallow-bay configuration, the property benefits from a strategic infill location directly off Florida's Turnpike and U.S. 441 attracting 26 tenants spanning nine industries across light industrial, including technology, manufacturing, and retail distribution. The property provides access to six out of the 10 fastest-growing counties in Florida and reaches over 6.4 million people within a 90-minute drive.

This exit marks another successful transaction for HMC’s U.S. Real Estate strategy. Focused on achieving both income and capital appreciation, the strategy employs a hands-on, value-added approach across multifamily, industrial, retail, and office sectors in key U.S. markets.

About Harbert Management Corporation

HMC is an alternative asset manager with approximately $7.8 billion in Regulatory Assets Under Management as of May 31, 2026. Formed in 1993, the firm is privately owned and serves a variety of institutional investors across multiple asset classes. Investment strategies include seniors housing, European and U.S. real estate, power, growth capital, and credit solutions. For additional information, visit www.harbert.net.

Media Contact:

Jansel Murad | Dukas Linden Public Relations | HMC@dlpr.com