Orlando
Lincoln Property Hired to Manage, Lease, Sell 388,367-Square-Foot Portfolio
GE Capital Real Estate recently assigned management, leasing and sales duties for a substantial portfolio of office/flex properties to Lincoln Property Company Southeast. The portfolio, encompassing 388,367 square feet, consists of three properties, all located in Orlando. While in 2010, GE Capital Real Estate foreclosed on this portfolio, the companyrecently decided to change real estate service providers.
Orlando Health Breaks Ground on $297M Redesign and Renovation Project
On April 26, Orlando Regional Medical Center’s latest community investment—dubbed The Redesign and Renovation project—had its official groundbreaking ceremony. The event was attended by ORMC team members, as well as community leaders and government officials.
Lee & Associates Expands Florida Presence, Opens Orlando Office
According to an official statement, Lee & Associates—one of the largest full-service commercial real estate firms in the country—will soon be taking another important step in establishing the firm’s presence in Florida and the Southeast.
DDR Expands Set Up Shop Program in Central Florida
Based on the positive results of the pilot “Set Up Shop” program started in Atlanta in early 2012, DDR has decided to expand this small-business leasing program to 24 of the company’s shopping centers throughout Florida, with an emphasis on the central Florida markets of Tampa and Orlando.
Crescent to Develop New Facility Next to Adventist Health System HQ
Following the December completion of its headquarters, Adventist Health System will once more collaborate with developer Crescent Resources on the construction of a new facility.
Lake Nona Breaks Ground on Publix-Anchored Shopping Center
A new shopping center is in store for Lake Nona, as work has started on the 5.6 million Lake Nona Plaza. Centrally located south of the SR 417 interchange on Narcoossee Road—across the street from Lake Nona Middle School and less than a mile away from Lake Nona High School and Valencia College’s new campus—the new shopping center will be anchored by a Publix Super Market.
Private Passenger Rail Service to Connect Orlando to Miami
Florida East Coast Industries made public its plans for a $1 billion passenger rail project that is to connect Orlando to South Florida. Called All Aboard Florida, the rail project will link the two metro areas through a 240-mile route combining 200 miles of existing tracks between Miami and Cocoa and the creation of 40 miles of new track to complete the route to Orlando.
CREC Finds 10 New Tenants for Orlando-Area Shopping Centers
By Georgiana Mihaila, Associate Editor
Commercial real estate services firm CREC, working on behalf of the owners of five Central Florida shopping centers, has successfully completed 10 new leases totaling a combined 57,200 square feet. The 10 leases—which will bring new […]
Inland’s University House Set for August Opening, Already 70 Percent Leased
By Georgiana Mihaila, Associate Editor
Inland American Communities Group—a wholly owned subsidiary of Inland American Real Estate Trust, Inc.—announced that its newest student community is close to completion and will begin serving the University of Central Florida and the surrounding areas […]
Marcus & Millichap Hired to Market $1B Mixed-Use Apopka Development
By Georgiana Mihaila, Associate Editor
Last week, Marcus & Millichap Real Estate Investment Services was hired to sell the $1 billion Kelly Parks Crossings, which would be the largest development ever to rise in Apopka.
Paul Bouldin, a senior associate in the Tampa […]