Orlando
Jefferson Apartment Group to Build 178-Unit M-F Project in Orlando
Construction activity is underway for JAG’s latest project, Azul Baldwin Park in Orlando’s thriving, 1,100-acre Baldwin Park neighborhood.
Winter Park’s University Plaza Shopping Center Gets $10.5M Financing
Holliday Fenoglio Fowler, working exclusively on behalf of borrower North American Development Group, has recently arranged $10.5 million in financing for the grocery-anchored University Plaza shopping center in Winter Park.
Chambers Acquires Interests in 17 JV Assets from Duke Realty
Chambers Street Properties has acquired the remaining interests in 17 properties it owned in a JV with Duke Realty for a reported $98.6 million as Duke continues to divest many of its office holdings to focus more on industrial assets.
Wood Partners Delivers First Units of Luxury $32.7M Alta at Lake Eve
Wood Partners is making headlines for the second time this month; after having recently broken ground on its 200-unit Rialto apartment complex in southwest Orlando, the company is now announcing the official opening of its newest multifamily community, the $32.7-million Alta at Lake Eve.
HFF Secures $50M Refinancing for Three Central Florida Office Properties
Holliday Fenoglio Fowler, working on behalf of the borrower—a joint venture between The Praedium Group and Tower Realty Partners, Inc.—has secured $50 million in refinancing for three Central Florida office properties.
Rida Development’s $200M Transit-Oriented Project Gets Preliminary Approval
RIDA Development’s master plan for a $200 million, multi-phased mixed-use development won the approval of Orlando’s Municipal Planning Board on Tuesday, and must now go before the City Council. The ambitious project was first announced in 2011, when Mayor Buddy Dyer included RIDA’s idea in his State of Downtown speech.
Orlando Fashion Square Mall Trades for $35M; Duke Realty Closes Five Notable Leases
By Georgiana Mihaila, Associate Editor Pennsylvania Real Estate Investment Trust is pursuing its previously announced strategy of improving the quality of its portfolio by selling non-core assets. One of the first non-core assets to trade is Orlando Fashion Square Mall, recently sold in a $35 million cash transaction. “The sale of Orlando Fashion Square and […]
Wood Partners Kick-Starts 200-Unit Community in Southwest Orlando
National multifamily developer Wood Partners will soon be adding 200 units on Spring Lake, at the entrance of Doctor Phillips, one of Orlando’s most desirable residential districts. The apartment complex, dubbed The Rialto, will rise on a 5.95-acre site set at the northwest corner of Sand Lake Road and Turkey Lake Road in southwest Orlando.
Highwoods Sells Two Assets for $14.6M; Kite Realty Buys Publix-Anchored Center
Raleigh-based Highwoods Properties, Inc. has sold two non-core assets in Orlando for $14.6 million in cash. The two office properties—Metrowest Commerce Center and Cambridge in Orlando—encompass 134,000 square feet.
718-Room Radisson Resort Orlando Trades, Prepares for Immediate Renovation
Radisson Resort Orlando – Celebration is now a member of the Interstate family, as a joint venture between Interstate Hotels & Resorts and Waramaug Hospitality LLC has recently acquired the 718-room hotel for an undisclosed amount.