Orlando
Partnership Buys Two Orlando Industrial Portfolios
Brennan Investment Group sold the two assets for $17 million. The new owners plan to reposition the properties to increase occupancies and revenue growth.
Lantower Lands 282-Unit Orlando Community
The company has brought its portfolio total to more than 4,800 units with the purchase of Lantower Grande Pines, a recently built community in the I-4 tourism corridor of southwest Orlando.
Orlando Retail Center Lands $22M in Financing
CBRE negotiated the loan on behalf of Unicorp National Developments Inc. for its Westside Shoppes in Windermere, Fla. The 68,346-square-foot retail center is fully leased.
Phillips Edison Buys 100 KSF Retail Asset in Florida
In a transaction arranged by Transwestern, a Dallas-based group sold the two-story Winter Springs Town center, which is anchored by Publix.
Orlando MOB Changes Hands
Situated on a 1,6-acre site in the south Orlando submarket, Royal Oaks Medical Plaza recently changed hands. Transwestern arranged the transaction.
Avison Young Arranges $24M Sale of Orlando Retail Center
IMC Equity Group sold Good Homes Plaza, a 96 percent-occupied asset situated near one of the area’s high-trafficked roadways.
Marcus & Millichap Arranges Loan for FL Hotel Buy
The $15.9 million loan was used to purchase two properties located in Apopka, Fla., less than 15 miles from Orlando.
Transwestern Expands Industrial Portfolio in Florida
TA Realty sold the two-building industrial portfolio in Sanford, Fla. Comprising more than 213,000 square feet, the two properties offer quick access to major highways.
Universal Orlando Lands 101-Acre Site
In a sale brokered by CBRE, Highlands REIT sold the site, the last and largest available industrial site in the Orlando tourism corridor, for more than $27 million.
Orlando Hospitality Developers Begin to Explore Mixed-Use
Orlando’s hospitality and tourism industries aren’t showing any signs of slowing down, but with land costs rising, developers may need to shift their strategies. Daniel Bachrach, partner at Foley & Lardner, discusses the trends and changes to come for the market.