OUC to sell large property near Orlando airport

The Orlando Utilities Commission has proposed the sale of a large piece of land near Orlando International Airport.

OUC’s Governing Board on Sept. 13 will consider a purchase agreement of roughly 165 acres over three parcels east of Wetherbee Road to San Francisco real estate investment trust (REIT) Prologis LP (NYSE: PLD) for $44.81 million, or $271,575 per acre.

OUC got the property in 2007 from Southern Co. – Jetport LLC as “part of a settlement and termination agreement for a power generation…