Orlando
Urban Commons Unveils World’s Largest Holiday Inn Resort
The company invested $27.5 million to renovate a former Nickelodeon Suites property, which spans 24 acres and offers 777 suites in Orlando.
Greater Orlando Office Condos Land Financing
The borrower will use the $4.1 million loan to construct a 42,909 square-foot building in Hunter’s Creek. The development is slated for completion in the first quarter of 2020.
SunCap Opportunity Fund Buys Orlando-Area Industrial Center
The company paid $14.9 million to acquire the eight-building, 185,000-square-foot facility in Seminole County. A CBRE team assisted the seller in the disposition.
Orlando-Area Office Building Trades for $15M
Exeter Property Group has purchased the Class A, 92,127-square-foot asset in Seminole County. CBRE negotiated the deal on behalf of the seller.
Metro Orlando Retail Center Trades for $18M
Consolidated-Tomoka Land Co. sold the gym-anchored, 112,351-square-foot shopping mall in Winter Park, Fla. HFF assisted the seller in the disposition.
Downtown Orlando Hotel Scores $18M Refi
The 118-key hotel is an adaptive reuse project completed in 2013. Owner GDC Properties intends to use loan proceeds to retire existent debt and fuel reinvestments.
What Makes Orlando Attractive to Coworking Providers
Novel Coworking’s Jessie Callahan shares the company’s plans in the market where it purchased a historic building in a central location. She also touches on her predictions for what’s ahead.
JLL Tapped to Lease Class A Orlando Office Tower
The project will be part of O-Town West, Unicorp National Developments’ planned $1 billion mixed-use project located between Walt Disney World and Sea World.
Orlando Office Portfolio Trades for $33M
Highwoods Properties sold the fee simple interest in the two-building property to Metrocenter Office LLC. CBRE arranged the deal on behalf of the seller.